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Showing 14 of 14 results by PaulScavenger
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Board Announcements (Altcoins)
Re: [ANN][CHIPS] KMD platform's LN app with realtime betting+decentralized shuffling
by
PaulScavenger
on 14/01/2018, 14:15:28 UTC
I am a KMD holder. Just buy 222CHIPS via coinexchange.io
I think I better withdraw it to BatterDEX. Should I?

Yes, coinexchange has many problems with chips wallet, days to get my chips withdrawn, will never use again.

it isnt really their fault, to be fair. the coin has 10 second blocks and miners were sending their coins into the wallet.

it creates a huge UTXO set whenever you try to send transactions back out of the wallet, and things get really junked up.
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Board Announcements (Altcoins)
Re: [ANN][CHIPS] KMD platform's LN app with realtime betting+decentralized shuffling
by
PaulScavenger
on 13/01/2018, 10:00:53 UTC
I think allowing computer assistance is a sweet idea.

Someone shared this video with me recently,

only makes you wonder how complex the networks could get when battling each other!

https://youtu.be/qv6UVOQ0F44
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Board Announcements (Altcoins)
Re: [ANN][CHIPS] KMD platform's LN app with realtime betting+decentralized shuffling
by
PaulScavenger
on 10/01/2018, 18:04:40 UTC
I'll play some chess!

I'm a novice though, ill probably get spanked!

I dont mind sacrificing a few chips for the struggle, of course  Grin
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Board Announcements (Altcoins)
Re: [ANN][CHIPS] KMD platform's LN app with realtime betting+decentralized shuffling
by
PaulScavenger
on 08/01/2018, 18:16:55 UTC
It the whitepaper now published?
No

It is under peer review
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Topic
Board Announcements (Altcoins)
Re: [ANN][CHIPS] KMD platform's LN app with realtime betting+decentralized shuffling
by
PaulScavenger
on 06/01/2018, 02:38:26 UTC
I put some money into this. Kmd platform, lightning network, experienced dev, very low marketcap etc. This could grow into something.

Yeah CHIPS could turn out great, but keep in mind that the project is experimental in nature, and it may be a while before any big release
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Topic
Board Announcements (Altcoins)
Re: [ANN][CHIPS] KMD platform's LN app with realtime betting+decentralized shuffling
by
PaulScavenger
on 26/12/2017, 21:10:59 UTC

I wont stop people from making a website, etc.
but I wont go out of my way to manage it as I have no extra time for such things.
It is nice to be able to just develop code without external pressures.

No timeframe, no specific destination, no roadmap, nothing except development work to integrate LN, generalized decentralized shuffling, game statemachines, blockchain enforced contracts, into KMD ecosystem. Sufficient for realtime decentralized poker.

How will it be done? When will it be done? What will it do?

All these are what I am refining and exploring and developing.

CHIPS is a gamble. The gamble is whether I will be able to solve the technical challenge. Since it is something never done before, there is no guarantee that I can.

If you need a fancy set of marketing materials to feel confident enough to buy CHIPS, dont. It will take a long time and unless you believe in my skills, you will have doubts and will be pestering me about websites and roadmaps. I dont want to spend time with such, I prefer to get the code working

In any case, all you need to know to make such a decision is in this short thread. Just read and decide if you have long term funds to put into CHIPS. Do not expect any regular reports or rapid price gains. I have other responsibilities (barterDEX, KMD itself) than CHIPS and am not fulltime on it yet.
I dont think you even have to succeed for it to be useful. Fast transactions and nearly 0 inflation rate is attractive to me.
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Board Announcements (Altcoins)
Re: [ANN][CHIPS] KMD platform's LN app with realtime betting+decentralized shuffling
by
PaulScavenger
on 08/12/2017, 16:59:32 UTC
... but can it run Crysis?
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Topic
Board Announcements (Altcoins)
Re: [ANN][CHIPS] KMD platform's LN app with realtime betting+decentralized shuffling
by
PaulScavenger
on 28/11/2017, 13:33:38 UTC
I think what he means is;

Alice and Bob receive a destination.

Alice and Bob must both reach that destination utilizing the same path.

If there is a random element(ie they are given different paths), then it will not work.
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Topic
Board Announcements (Altcoins)
Re: [ANN][CHIPS] KMD platform's LN app with realtime betting+decentralized shuffling
by
PaulScavenger
on 18/11/2017, 11:36:42 UTC
Anyone willing to sell some chips? send me a PM
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Topic
Board Announcements (Altcoins)
Re: [ANN][CHIPS] KMD platform's LN app with realtime betting+decentralized shuffling
by
PaulScavenger
on 04/11/2017, 17:31:45 UTC
Any working pooker website?
next year

will be localhost poker "servers"
So we have to wait now.

This is a good thing. It means you can gather up cheap coins when people get impatient and/or need the money.

Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CHIPS] KMD platform's LN app with realtime betting+decentralized shuffling
by
PaulScavenger
on 02/11/2017, 08:12:51 UTC
Would it be viable to have a "one-click" button to start CPU mining on whatever gambling app CHIPS will be using?

The Vericoin dev team has this feature for their Verium currency, i believe.
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Topic
Board Announcements (Altcoins)
Re: [ANN][CHIPS] KMD platform's LN app with realtime betting+decentralized shuffling
by
PaulScavenger
on 02/11/2017, 04:49:39 UTC
"In 2016, Statista has predicted the size of the online gambling market would have a volume of $45.86 billion growing to $56.05 billion by 2018.[2]"

Looks like there's a pretty good market to pull from, maybe CHIPS could even be preferable because of fairness?
fairness and privacy, a good combination

Oh yeah, and to add to this, censorship resistance.

I'm sure people would feel much more secure knowing their favorite game won't disappear overnight like many online casinos do.
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Topic
Board Announcements (Altcoins)
Re: [ANN][CHIPS] KMD platform's LN app with realtime betting+decentralized shuffling
by
PaulScavenger
on 31/10/2017, 20:58:27 UTC
"In 2016, Statista has predicted the size of the online gambling market would have a volume of $45.86 billion growing to $56.05 billion by 2018.[2]"

Looks like there's a pretty good market to pull from, maybe CHIPS could even be preferable because of fairness?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CHIPS] KMD platform's LN app with realtime betting+decentralized shuffling
by
PaulScavenger
on 31/10/2017, 20:06:12 UTC
CPU mining sounds attractive because people can mine coins as they gamble.  Smiley