what is magic-dice. for steem reward !!!

in #steem5 years ago

DEEP DIVE is for those of you who may be more detail oriented, or are visual learners or simply those who enjoy my videos or previous content I've put out on Steem.

So I decided to start doing a DEEP DIVE on some of my favorite topics to review more complex ways I attempt to maximize my weekly STEEM income!

What is Curation Exploration You ask?

"Curation Exploration"
is whatever strategy you find most effective that maximizes your Steem curation earnings or that supports a certain community you align with.

In this video I do a deep dive into my own strategy and how I try to maximize my weekly Steem earnings. I hope you learn something but more importantly I hope to hear from all my friends, followers, and fellow Steemians if you enjoyed your my first episode on Curation Exploration!

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Magic Dice is a provably fair and transparent dice game built on the Steem blockchain. If you haven't tried it yet, go to https://magic-dice.com and give it a try. In this post we want to explain the tech behind the game. This post is rather technical. If you just want some general information about the game, go to the introduction post.

Random Numbers
Random numbers for Magic Dice are generated by the use of two seeds: Server seed and client seed. Every player can choose his own client seed. The server seed is generated on the server, hashed and posted to the Steem blockchain. Since the server seed hash was published before every dice roll, there is no way for us to alter the outcome without the verification failing.
The hash is a SHA256 hash which can be created and verified with following script:

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A new seed and seed hash (Seed 1/SeedHash 1) are generated on the server. SeedHash1 is posted to the blockchain. After n blocks (n is 20 atm), a new seed and seed hash (Seed 2/SeedHash 2) are generated. The new seed hash is posted to the blockchain. On the next block, the old seed is published. A seed/seed hash is valid after the block it was published until a new seed/seed hash is published (Including the block where the new seed hash was published).

In this example Seed1 is valid from Block 2 - Block 21. The seed is generated and the seed hash published before the bets take place. That means that it can be proven that all server seeds were generated before any user placed a bet. After a seed was published, all bets placed earlier can be verified. At the moment that means that a dice roll can be verified after max. 20 blocks or around 1 minute. In the future we might reduce that time to make it possible to verify dice rolls earlier.

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There are dozens of dice gambling sites out there. What makes Magic Dice different? Why did we decide to create a dice game on Steem?
One of the great things about blockchains is that they are transparent. That means that every transaction is visible to everybody. All bets ever placed on Magic Dice are visible on the blockchain. Furthermore all information to verify that a dice roll is provably fair is published to the blockchain. Any player or third party can verify the integrity of the game. You can not only verify your own bets, but all bets ever played on Magic Dice.
That is something you can't do on your normal crypto gambling site.

Another big advantage is that you don't have to send your funds to the service provider. You never know if the service provider will let you withdraw your funds. Sometimes there are minimum withdraw limits or withdraw fees. The service provider could even run out of business or take your funds and exit scam.
On Magic Dice you will receive your payout on the next block after a 3 second delay. No transaction fees and zero risk. That's the power of Steem.

Awesome Blockchain non-gambling games & DAPPs

ENJOY

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