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Offline HackFisher

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Nothing but a Play DAC Business Graph
« on: May 14, 2014, 04:09:57 PM »



Some note: End users might not to aware of lto share, just the rules and their chips. The disadvantage is that their might be too many chips, which could cause backward of usability?
« Last Edit: August 12, 2014, 12:35:05 AM by HackFisher »
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline gamey

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Re: Nothing but a Lotto DAC Business Graph
« Reply #1 on: May 14, 2014, 06:46:39 PM »

Is LTO the abbreviation for lotto shares ?

What does "Agent" represent in the picture ?
I speak for myself and only myself.

Offline HackFisher

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Re: Nothing but a Lotto DAC Business Graph
« Reply #2 on: May 22, 2014, 06:31:06 AM »

Is LTO the abbreviation for lotto shares ?

What does "Agent" represent in the picture ?

Right, LTO means lotto shares.

"Agent" here could be business partners, merchants, or Apps who run as delegate entry, and help bring people in the DAC to play rules using their own currencies.
« Last Edit: May 22, 2014, 06:32:53 AM by HackFisher »
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline liondani

Re: Nothing but a Lotto DAC Business Graph
« Reply #3 on: May 22, 2014, 01:16:36 PM »
Quote from: Bytemaster
There has been significant progress and developments over the past several days.   One of the most significant is the introduction of a random number generation scheme and random delegate selection today.   This was done for two reasons: it resolves a security vulnerability discovered with sequential DPOS and it facilitates one of the more challenging parts of the Lotto DAC.

We have implemented UPNP networking.


The news getting better and better
  https://bitshares.OPENLEDGER.info/?r=GREECE  | You are in Control | BUY | SELL | SHORT | SWAP | LOAN | TRADE |  

Offline HackFisher

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Re: Nothing but a Lotto DAC Business Graph
« Reply #4 on: May 22, 2014, 01:30:30 PM »
Quote from: Bytemaster
There has been significant progress and developments over the past several days.   One of the most significant is the introduction of a random number generation scheme and random delegate selection today.   This was done for two reasons: it resolves a security vulnerability discovered with sequential DPOS and it facilitates one of the more challenging parts of the Lotto DAC.

We have implemented UPNP networking.


The news getting better and better

Right
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline JoeyD

Re: Nothing but a Lotto DAC Business Graph
« Reply #5 on: May 22, 2014, 05:51:04 PM »
I feel a bit bad about not commenting on your plans and work HackFisher, which might make you feel like you're talking in the void. Thing is I really find your project one of the most promising and interesting DACs, honest gambling is a real big thing I think, but I'm not a gambling man and have no opinions to give from that perspective. I do have a decent grasp of the basics in probability math and statistics, but alas that is also the reason I'm not a gambling man and don't really believe in luck.

So don't let the lack of comments discourage you, there is support for your efforts, just not much in way of opinions.

Offline toast

Re: Nothing but a Lotto DAC Business Graph
« Reply #6 on: May 22, 2014, 06:07:03 PM »
I feel a bit bad about not commenting on your plans and work HackFisher, which might make you feel like you're talking in the void. Thing is I really find your project one of the most promising and interesting DACs, honest gambling is a real big thing I think, but I'm not a gambling man and have no opinions to give from that perspective. I do have a decent grasp of the basics in probability math and statistics, but alas that is also the reason I'm not a gambling man and don't really believe in luck.

So don't let the lack of comments discourage you, there is support for your efforts, just not much in way of opinions.

 +5%
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Offline stuartcharles

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Re: Nothing but a Lotto DAC Business Graph
« Reply #7 on: May 22, 2014, 06:56:07 PM »
Quote from: Bytemaster
There has been significant progress and developments over the past several days.   One of the most significant is the introduction of a random number generation scheme and random delegate selection today.   This was done for two reasons: it resolves a security vulnerability discovered with sequential DPOS and it facilitates one of the more challenging parts of the Lotto DAC.

We have implemented UPNP networking.


The news getting better and better

Right

Great work, I was just trying to find out why bitshares are going up and found your project. I look forward to further updates :-)

Offline Overthetop

Re: Nothing but a Lotto DAC Business Graph
« Reply #8 on: May 23, 2014, 07:17:37 AM »
I feel a bit bad about not commenting on your plans and work HackFisher, which might make you feel like you're talking in the void. Thing is I really find your project one of the most promising and interesting DACs, honest gambling is a real big thing I think, but I'm not a gambling man and have no opinions to give from that perspective. I do have a decent grasp of the basics in probability math and statistics, but alas that is also the reason I'm not a gambling man and don't really believe in luck.

So don't let the lack of comments discourage you, there is support for your efforts, just not much in way of opinions.
+5%

Yea, sure!

HackFisher, we are always behind you!

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Offline HackFisher

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Re: Nothing but a Lotto DAC Business Graph
« Reply #9 on: May 23, 2014, 09:30:21 AM »
I feel a bit bad about not commenting on your plans and work HackFisher, which might make you feel like you're talking in the void. Thing is I really find your project one of the most promising and interesting DACs, honest gambling is a real big thing I think, but I'm not a gambling man and have no opinions to give from that perspective. I do have a decent grasp of the basics in probability math and statistics, but alas that is also the reason I'm not a gambling man and don't really believe in luck.

So don't let the lack of comments discourage you, there is support for your efforts, just not much in way of opinions.

Thanks, your words does encourage me :)

I just added a wallet ui part in the diagram, it is for the shareholders to use or play games, before agents come into exist.

Ordinary users might not want to hold shares or chips if they just care about playing games, so the wallet probable not easy or necessary for them, business agents is more friendly and users are familiar with. I wish share holders (like you and me) could encourage people to build agents or integrating existing agents to support Lotto DAC, once after DACs are ready. This is also one of the ways that we can increase our on-hand shares value.

That will be what we does for decentralize business.
« Last Edit: May 23, 2014, 09:37:22 AM by HackFisher »
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Offline CLains

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Re: Nothing but a Lotto DAC Business Graph
« Reply #10 on: May 23, 2014, 10:33:58 AM »
I feel a bit bad about not commenting on your plans and work HackFisher, which might make you feel like you're talking in the void. Thing is I really find your project one of the most promising and interesting DACs, honest gambling is a real big thing I think, but I'm not a gambling man and have no opinions to give from that perspective. I do have a decent grasp of the basics in probability math and statistics, but alas that is also the reason I'm not a gambling man and don't really believe in luck.

So don't let the lack of comments discourage you, there is support for your efforts, just not much in way of opinions.

+5% +5%
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Offline betax

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Re: Nothing but a Lotto DAC Business Graph
« Reply #11 on: May 23, 2014, 11:58:55 AM »
 +5% Great work, keep us posted :)
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Offline JakeThePanda

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Re: Nothing but a Lotto DAC Business Graph
« Reply #12 on: May 23, 2014, 01:03:52 PM »
I feel a bit bad about not commenting on your plans and work HackFisher, which might make you feel like you're talking in the void. Thing is I really find your project one of the most promising and interesting DACs, honest gambling is a real big thing I think, but I'm not a gambling man and have no opinions to give from that perspective. I do have a decent grasp of the basics in probability math and statistics, but alas that is also the reason I'm not a gambling man and don't really believe in luck.

So don't let the lack of comments discourage you, there is support for your efforts, just not much in way of opinions.

 +5%

IMO, this DAC is the sleeper.  It has the potential to be HUGE right out of the gate.  While other DACs need time to build users, BitsharesLotto will have immediate users.
« Last Edit: May 23, 2014, 01:06:13 PM by JakeThePanda »

Offline xeroc

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Re: Nothing but a Lotto DAC Business Graph
« Reply #13 on: May 23, 2014, 02:42:53 PM »
We should really consider collecting facts and writing an article for the upcoming newletter! Volunteers?
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Offline solaaire

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Re: Nothing but a Lotto DAC Business Graph
« Reply #14 on: May 24, 2014, 09:35:39 PM »
I feel a bit bad about not commenting on your plans and work HackFisher, which might make you feel like you're talking in the void. Thing is I really find your project one of the most promising and interesting DACs, honest gambling is a real big thing I think, but I'm not a gambling man and have no opinions to give from that perspective. I do have a decent grasp of the basics in probability math and statistics, but alas that is also the reason I'm not a gambling man and don't really believe in luck.

So don't let the lack of comments discourage you, there is support for your efforts, just not much in way of opinions.

 +5%

IMO, this DAC is the sleeper.  It has the potential to be HUGE right out of the gate.  While other DACs need time to build users, BitsharesLotto will have immediate users.

 +5% +5% +5%

keep up the good HackFisher

 

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