Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CHA] Chancecoin, a coin for betting in a decentralized casino
by
newpeled1986
on 12/07/2014, 16:55:42 UTC
We've had some discussions regarding using another blockchains such as DOGE or NXT to speed up the betting process. This solution is actually much more cumbersome than it looks from a user experience standpoint. Many new users have to do the following:

1. Transfer BTC to an exchange, let's say poloniex
1. Buy DOGE/BTC on Poloniex
2. Transfer DOGE to the chancecoin app
3. Make bets using DOGE
4. Transfer DOGE back to Poloniex
5. Sell DOGE/BTC on Poloniex

@Devs - Is it possible to use Doge blockchain speed to confirm bets and still make bets using CHA?

-Primedice total bets is around 713,000,000 right now.
- Doge TX fee is 0.01 doge per transaction.
- If I will pay the doge fees (I can send the devs 7,130,000 doge) in-order that users wont need to buy doge in the exchange would that help?