Post
Topic
Board Announcements (Altcoins)
Topic OP
[ANN][CHA] Chancecoin, SuperNET core coin for betting in a decentralized casino
by
magician
on 23/03/2014, 21:12:53 UTC
Description

Chancecoin (CHA) is a protocol, coin, and client used to bet on dice rolls and other games in a decentralized casino. Owners of the coin may gamble, with randomness provided by published NY Lottery Quick Draw numbers. Owners of the coin are automatically invested in the house bankroll. The protocol is built on top of the Bitcoin blockchain. Coins were created by burning Bitcoins during a proof of burn period.


Burn information

Maximum coins burned: 1,000,000
Burn period: Bitcoin blocks 291860 to 298340
Coins burned in first block: 1,500 CHA per 1 BTC
Coins burned in last block: 1,000 CHA per 1 BTC (coins per block scaled linearly in between these blocks)
BTC burn address: THE BURN PERIOD IS OVER
Maximum coins burned per address: unlimited

Casino information

House edge: 1.0%
Maximum win: 1.0% of bankroll

Software

There are two ways to use Chancecoin
  • Chancecoin desktop software includes decentralized casino, decentralized exchange, and wallet (available for OS X, Windows, Linux).
  • The Web casino is a single HTML file that you can download to your desktop or run from GitHub.

How do I buy CHA?

Download the Chancecoin software and place an order using the decentralized exchange. Or buy CHA on the official centralized exchange, Poloniex.

How do I bankroll the house?

By owning CHA, you are automatically bankrolling the house. On average, you can expect to earn the house edge of 1.0% per bet.

Donations

Donations to 1CHANCeWHSRAfvfi4rwo8v6NEY64RfZYqB are welcome.

Developers

Magician and Venetian