BitShares Forum

Other => Graveyard => DAC PLAY => Topic started by: zhangweis on April 14, 2014, 02:07:32 pm

Title: BOD's votes as feed source for gambling like soccer game
Post by: zhangweis on April 14, 2014, 02:07:32 pm

I think board of delegates can be the source for some event's result as long as the revenue of staying as BOD is bigger than cheating.
The wallet will show recent event's result your delegate votes. In case of cheating, you can vote against the delegate. Some percentage of payout can be used as the incentive for the delegates to vote. Multiple delegates can vote on the same event and split the fee to encourage more delegates vote on the same event.
In this way, we can set up a DAC competing with http://bitbet.us/.
Just some rough ideas. Does this make sense?

Title: Re: BOD's votes as feed source for gambling like soccer game
Post by: bitbro on April 14, 2014, 02:33:43 pm

As I was reading the DPOS white paper I also began to think this could be an excellent segway into data feeds or Delegated Data Feeds, or Delegated Proof of Event.

Once Delegated Proof of Event exists, a DAC like BitShares Vegas could be designed, and it would function similarly to bitbet.us