Re: [ANN][CHA] Chancecoin, a coin for betting in a decentralized casino

All these depend on the data from authoritative website such as Yahoo whatever the data wrong or right.Set up the rule,no one will complain even sometimes the data is wrong.

You might think that, but you can't make it 100% sure that those result streams from those websites can't be manipulated.

If these functonalities get implemented, where it isn't 100% tamper proof, I will sell all my CHA.

not 100% but 99%. Or to put it differently, it would be so expensive and difficult to do that it would maybe make sense if the market cap of CHA is 10 billion US, but then the developer can still change the data source when that happens

Show me a datastream that no single person can manipulate that offers relatively correct odds for sporting events? What I'm saying is that sites that offer gambling rely on mediating. A single person there can fuck with the API stream and place bets. That wouldn't be expensive..

What I'm trying to say is, no Yahoo employee will risk losing his job to win maybe 5000 USD on a bet (assuming 1% maximum bet at 500k USD market cap). This will become relevant if the market cap climbs, though.

1. Yahoo doesn't provide such a stream, gambling sites do. I don't trust those sites.
2. You can place multiple bets, can't you? If you place 10000 bets with ridiculous payoffs, then you can win millions of CHA. Do the math.