I personally think we should do the most retarded and degenerate gambling game know to man. This sort of game could become catchy and could generate public interest. It will be “easy” to code and will test NoM on a small scale.
We have some degenerate community members here who will be good and designing such a game.
I also think rolling out a “game changer” like the New NFT Standard could develop interest. Just not sure how long it would take to implement and I think getting a “small win” with an easy degenerate game would be helpful.
It could be as simple as a lottery where you can increase your odds by interacting with the network in some say. Or, in order to participate in the lottery you need to Fuse 120 QSR and and stake 10 ZNN.
Gambling, lotteries, anything involving the automation of asset transfers (incl. 2-player PVP winner-takes-all) requires trust at this time.
Sumamu stated he can leverage compute on an external chain to solve this but I don’t know how.
The early services running on Bitcoin, potentially even some that are operating today, have a risk of rugging. You must deposit coins with the service provider and trust that they will pay out the winnings and deposit back to you in a timely manner.
This can be achieved today on NoM but we carry the same risk.
If that isn’t an issue for the degens among us, then anyone can clone any of the hundreds of gambling sites and hook it up to NoM.
I’ll even help with the backend, but I don’t want to operate the platform.
Sidebar: wen bustabit clone on NoM?
I don’t think we should allow our core infra to host Tor exit nodes. They’re high profile targets, likely to be subpoenaed by their local jurisdictions and subjected to DOS attacks. I guess we could try to limit their exposure to the wider web, only permitting specific clients to connect to them, but this is probably not going to garner much interest.
I have a different idea related to content-hosting – recursive inscriptions on NoM, accessible via a custom client. Honestly, it’s inevitable if this network grows beyond our little group.
This is potentially a killer app of our platform. George has worked on an AMM.
We can even setup Expiring Offer Contracts (EOC) for buy/sell orderbooks.
What sets us apart is feeless high-frequency trading of wrapped assets.
Unfortunately, Mr Kaine doesn’t support this idea and didn’t elaborate. #decentralized#MrKaineWontCreateTheSpork
I think these fall under the Zenon Asset Standard category. I’m trying to design a flexible system that can support a variety of use cases.
This ties in to my “data storage is Zenon’s killer use case” argument, by the way.
This should be one of our top priorities. I’m hoping we can automate most of it, though.
This thread is more of a thought experiment to see what we all value.
Prospective devs can find this thread and start building things that we think are important.
How about the legal status of web3 gambling that varies depending on the jurisdiction, but it’s basically the same as the online gambling.
These regulations aim to ensure fairness, protection, and responsible gambling. In regions with strict gambling regulations web3 gambling may face legal restrictions or prohibitions.
Okay, so is it a quiz or closest guess to a random number generated by an external party?
Quizzes probably need predetermined answers. ChatGPT is still a wildcard these days.
If you’re looking for RNG on NoM, I found an interesting way to achieve this.
Users can speculate on momentum hashes at specific heights.
I like to pretend we’re around the same stage of development as early Bitcoin.
Whatever they could do back then, we can probably do now.
I draw a lot of inspiration from other projects that have similar constraints as us.
Anyone is welcome to run their own trusted casino platform.
I don’t want to be entangled with this kind of legal liability.
This sample code demonstrates how 3 parties communicate. An oracle Olivia publishes a n-digit number lottery result everyday, and Alice and Bob bet on the lottery.
In the tese, the following scenarios are tested.
Alice and Bob make contracts and execute a fixed one.
Oracle does’t publish a valid message and sign, and contractors refund their funding transactions.
I remember he said that we should keep the base layer minimal & robust. High-frequency stuff can be moved off-chain.