silamountain / gamblacoin Goto Github PK

#GamblaCoin

Gamblacoin is a provably fair dice gaming site using Bitcoin as the main currency. The gambler bets an amount of bitcoin and choose a multiplier, let's say 1 bitcoin and a multiplier of 4. The house then generates a random number between 0 and 100, if the number is below 25, the gambler wins 4 bitcoin, otherwise he loses the initial bet. The odd is winning is rougly below 1 out of 4. Now if the gambler choose a mutiplier of 10, any number below 10 would make a win, the odd would be below 1 out of 10. Higher multiplier implies lower chance to win and vice and versa.

The user can independently verify that the bet was fair using cryptography. Before a new hand, the house gives to the gambler a cryptographic hash of the upcoming number, and he can use this information to verify after hand that the house hasn't cheat by changing the number to see.

Built with nodejs and mongodb on the backend, backbone and bootstrap on the frontend. Also include socket.io for real time notifications. Tested with mocha

Running and operaring this gaming web application is prohibited in almost any countries without a proper gaming license.