SmartHoldem.io — the first poker room on a blockchain

SmartHoldem.io — the first poker room on a blockchain

What is SmartHoldem?

SmartHoldem — is the world's first poker room on a blockchain. It means that:

• There is no third party. Players play only with each other. The use of blockchain and decentralized DAPPS applications excludes any outside intervention in the game, and guarantees 100%-transparency of games and privacy. If the players want to check the casino’s integrity, they can compare hashes before and after the game.
• Instant payments. In SmartHoldem you will receive your winning immediately after your win. There are no restrictions either for incoming or outgoing transactions.
• Full privacy. In fact, there is nothing to add here. Players do not transmit any personal data to the system.

How it works?

The project uses two blockchains: financial and gambling. During the game, these blockchains interact with each other. When betting, the player sends tokens from his financial wallet to Poker Room address, where tokens players (bets) are stored until one of the following events occurs:

• Game over. Then the bank from the Poker Room goes to the financial blockchain of the winner.
• Game failed. Tokens are returned to all participants.

This mechanism is built on the Smart Events algorithm. Before the start of the dealing, Smart Events generates a public control hash, which is recorded on the blockchain. After the game is over, the decryption key is automatically sent to the players. You can check the game’s integrity either inside the system or with the help of any outside service.

Technologies used

The SmartHoldem gaming platform is written from scratch in C #, JAVA, C ++. The platform is modified with Smart Events algorithms, new transaction formats and blocks.

Among the key technical features of the project, we should note:

• Friendly Multisig. Friendly and advanced multi-signatures with MAST;
• Adoption of high-duty and highly scalable integrated supernodes;
• Advanced transaction options. Timelock, Payment with an encrypted message, MultiPay, SuperBlock Tx, Tournament, RegName;
• Decentralized random number generator with a real entropy SEED; we get real random numbers
  
  by reading the noises of computer devices;
• High capacity of game events in observance of their order of priority for real-time processing;
• Use of NoSQL database, more suitable for high-speed data communication;
• Built-in deposit service for the exchange of assets on the blockchain - a special transactional event;
• Transactional metadata − descriptive metadata is used by automated workflows.

This data is structured and represents the characteristics of the entities described for the purpose of their identification;

Built-in solution for message sending, including gaming encrypted chat;

Each account contains assets and statistics from multi-registers in BlockChain; thus the SmartHoldem platform blocks any outside intervention in the game process completely;

Decentralized DNS —the system access is not subject to restrictions.

BlockChain Features

• Total coins − 240 000 000
• Lack of emission
• Block generation time ~ up to 5 seconds
• New 2DLPoS algorithm without emission (eliminated “51% problem” afar attack)
• Support for internal game assets (Game Chips etc)
• Encrypted AES256 messages
• Automated operations/transactions with the built-in SmartEvents language
• Ed25519 DSA signatures

Platform Features

• High-speed BlockChain
• Gaming API & SDK
• Built-in ICO for game developers
• Built-in game servers
• Betting system
• Online tournaments
• Personal game client
• Light & Full Wallet
• Support for Unity 3D 5 & Unreal Engine 4 platforms (for integration of game developers)

RoadMap

It is worth paying tribute − the developers made a detailed project development plan up to the fourth quarter of 2020. Here are some key stages:

• First two quarters of 2018: testing of the game client, smart events system, etc.
• The third quarter of 2018. A major cross-platform version of SmartHoldem GameClient (Linux, Win, Mac OS, iOS, Android) on decentralized DNS with the cloud GameNet network. Integration with applications of the gambling segment created by other developers.
• 2019. Holding a tournament with a self-regulating fund, initial amount − 1.2 million tokens

The tournament system should be mentioned separately. It will work as follows:

• In the first tournament round (1 round = 1 year), developers deposit 1 200 000 STH tokens to a special address, publicly viewable, protected by the SmartEvents system and new PoS, unavailable for output operations.
• In order to participate in the tournament, you need to buy a tournament ticket (for example, in the equivalent of $ 25 in SmartHoldem coins) that opens an access to the games in the tournament. Each bought ticket goes to the tournament fund of the second round, which will be played in the next tournament year. 
• During the tournament, standard tournament rules of Poker-Room are used; game statistics are recorded in the tournament SideChain. 
• The winner receives 80% of the tournament round fund held to his/her SmartHoldem Address from the SmartEvents system automatically; 20% is fairly distributed among the holders of tokens. 
• In a year, the system returns to point (2), and the SmartHoldem annual self-renewing poker tournaments are held indefinitely without the intervention of the organizing person.
•  The fund balance is available in the BlockChain browser at any time.

ICO

Currently, Crowdfunding ICO is being conducted with the participation of independent guarantors of Escrow. Upon completion of the ICO, the working network will be launched within 72 hours. Anyone can become an early participant in the platform and get STH tokens. There are several ways:

• When participating in Bounty SmartHoldem, you can earn STH tokens by free assisting in the promotion of the project
• To purchase STH tokens at $0.12 per token.

ICO will be over on 12/12/2017.

50% of the collected investments are planned for development, 35% − for marketing and promotion, 5% − for resolution of legal issues and 10% − for operating activities.

Resources and Useful Information

Project website: https://smartholdem.io

WhitePaper: http://smartholdem.io/download/smartholdemWhitepaper_ru.pdf

Interview with the project developer: https://www.youtube.com/watch?time_continue=55&v=pt8CZ1XAEA8

Attention: SmartHoldem.io Offer

Now the company is giving away a smart watch Gear S3. In order to take part in the action, you need to subscribe to the Smartholdem channel and leave two comments about the platform. The competition will last until December 11. The winner will be selected randomly on December 12! The integrity of the giveaway will be confirmed by a special hash. For this purpose, the SmartHoldem team created a mini-application for giveaways in Telegram.