Nostr Web Client

I wondering about the rules. Do 100% of the sats from paid invoices get paid to the winner? How can participants audit the payout?

stat 2y ago

from my experience, they take some for fees, but it is not much. might be a house rake too, not sure.

as far as randomness / provable verification that would be cool to see

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Discussion

🌧️ 2y ago

Ahhh I see. It says winner takes 99% of pot. How do we know that the winning npubs are not controlled by the house?

Lay Z 2y ago

True

Kim Stock 2y ago

Looks like one with the most sets in at time of draw wins. Not sure though I just won.

Lay Z 2y ago

Right. That’s the way it should be(most sats = most odds). The question is how does one verify that instead of just trusting it.

Kim Stock 2y ago

More like an auction than a lottery

🌧️ 2y ago

Congrats.

Lay Z 2y ago

Dumb question : I’m wondering how does this get auditable? Perhaps some kind of verifiable hash of a defined (open source)function + timestamp ?

stat 2y ago

it's an open standard for gambling generally. provable verification is like:

hash(nonce, server seed, client seed, timestamp) ->

get hex digest ->

convert hex to number ->

that is your random number

to verify, given your client seed you set, and server seed revealed (hidden at time of bet), you can hash it yourself and verify the number is the result

stat 2y ago

but it's tricky how this is implemented because house can just keep trying multiple server seeds until result meets their liking. this is why server seeds should be hash chains or predetermined in advance or something

Lay Z 2y ago

Quite interesting. Thanks

🌧️ 2y ago

It’s above my pay grade.