interesting stuff. I wonder how the decentralized lottery works tho?
The same way everything else works! If you mean how the winners are picked, they are picked based on a future block hash which is randomly generated by Miners who are competing with each other so it's as random as it gets! Sorry for the late reply. I don't check this thread very often.
Maybe time to revive the interest here as when I checked the price in crex, still going down. Opposite of what is happening in btc and other top alts. Is your lottery business doing good in terms of revenue? Just want to see if decentralized lottery can still attract players. Because I have seen lottery sites in the gambling board, and it seems they can't keep players in the long run.
The lottery revenue is a bonus revenue for miners and the lotteries are not the main advantage of SwiftCash. The main advantage of SwiftCash is HODL deposits. A store of value for long-term. Price can easily go up and down when there's little liquidity. The same was true about Bitcoin in its early years. That's why the wisest thing is to dollar cost average. The low price is a buying opportunity if you ask me. It doesn't take much to pump this coin. Its market cap is only $100,000-$200,000 here. That's the annual salary of a senior developer these days.