Quote from: Rulishix on April 07, 2014, 02:35:39 AM

Site looks good and congrats on surviving for a year in this market! That is indeed an impressive feat. However, I feel I must ask why do you offer on the chain betting? Isn't this much slower and harmful to bitcoin than off chain?

Hi Rulishix,

Thank you! It has definitely had its major ups and downs. The whole gox situation, culminated with everything else, seemed to make for a bad outlook but we happy to be moving forward (and we were no stranger to the losses incurred, either). Did you happen to see or use the site before the recent makeover? Any thoughts?

There's numerous reasons we are still utilizing the on chain betting method, but a few stand out. Like with many exchanges (coughgoxcough), betting sites, and other services there is the issue of transparency and security. A lot of people don't want to deposit tens, hundreds, or even millibits into a cryptocurrency casino's care/wallet and bank on their solvency or trustworthiness. Granted, we may be at a disadvantage that betting can be slower or more cumbersome, however the numbers seem to show that people don't mind too much. We have definitely heard both sides of the story in feedback. That being said, we are actually in the process of offering offchain betting for a variety (a zillion) different games for our version 2.0 of the site. That will be in the future, and will be offered for BTC and Altcoins, but we will likely never abandon the on-chain side of SatoshiBones for the reasons mentioned above.

I hope that answers your question!