I've read in the technical section of Chancecoin's site how payouts are handled. But I would appreciate a more in-depth technical explanation of the following topics. How is Chancecoin at all protected from an individual altering their client to award themselves extra Chancecoin? What is the method of consensus between peers to determine the proper random numbers to use? When a gambler loses how is the CHA verifiably destroyed, and when a gambler wins where does the b*(p*(1-e)-1)*c/(c-b*p*(1-e)) CHA come from? Has anyone read through and verified that the source code was secure? No where in this thread have I seen proper replies to these questions.
I am not sure where, but notsoshifty made an analysis in the beginning of CHA (python client)
Also, everyone could create an altering client, but if all other clients reject his transactions, he is essentially on a fork and his "balance in his client" will be different from his real CHA balance.