Development Update July 2017

Development Update July 2017

vDice Game 50,000+ Bets Processed

This development update July celebrates that we passed 50,000 bets on the Ethereum main-net. This is a huge milestone and makes vDice the most used Ethereum Dapp.

In terms of the main Dice game, we’ve seen healthy growth in betting in 2017. While it took a 1 year + to pass 50,000 bets, on current projections we’ll hit 100,000+ much sooner. On current estimates, within half that time!

Development Update July 2017

Emerging Market Promotion

We’ve ramped up the promotion in emerging markets. This is focusing on both the game and also VSL token. This is reflecting in the token price and also the betting.

Also, the communication channels that emerging markets prefer; Telegram and WeChat are picking up.

vSlots Update

The 3rd party audit of Slot Code by New Alchemy revealed one medium level issue with the Smart Contract code. We have fixed that and also integrated a few optimizations that were suggested.

We expect to receive the all-clear from our code auditors, on the final iteration of the game code, shortly. We’ve been testing the code on the main-net ourselves, in anticipation of that.

In terms of the front-end code, node script is now done, using all features Oraclize provides, including API. Now we are just finishing the interface.

We underestimated how long Web3 integration would take. But not by too much and we are almost there. Web3 documentation is still a little thing on the ground. But front-end is 75% done.

Development Update July 2017 1

The User Experience

A lot of new people have come to Ethereum lately that are less technical. This has been revealed in the quantity and quality of support tickets we are receiving lately.

So the idea here is for vSlots to be the first game in the space with no real technical knowledge to play. To that end, we’re abstracting away the technical parts with the most intuitive UI and we believe we’ve done a good job of that, given where the technology is at currently.

vSlots Development Update

vSlots Development Update

vSlots Development update latest new is that, as was advised in our previous post, the game code for vSlots is ready. It is open and can be reviewed here.

To allow for release of the game we were waiting of 2 final pieces from third party providers:

  1. Oracle Infrastructure.
  2. 3rd Party Code Audit.

1. Oracle Infrastructure:

Oraclize has just released their random-datasource Ledger code here. It is needed to verify what code is being executed off-chain.

In the README you will find an explanation of how to verify that the CODEHASH of such code is matching the one you find hardcoded in the proof verification steps.

The vSlot code depends on the latest, update version of oraclizeAPI and the latest version is now released.

2. 3rd Party Code Audit:

The formal 3rd Party Code Audit is being conducted by the team at New Alchemy. They are well renowned in the community for their quality of work. Indeed, they have conducted code audits for us in the past.
The 3rd party code audit is underway and we are standing by for its receipt and review. It will then be published into the public domain for further analysis and peer review.
For further information feel free to contact us.

Pre-Game Announcement

World, meet vDapps

The vDice platform is proud to make this pre announcement, launching it’s newest game shortly. This represents the 1st game on the vDapps platform.

Originally, we set out with a simple idea; implement classic SatoshiDICE as an Ethereum Smart Contract.

Every blockchain needs simple, effective, on-blockchain gambling. It is a critical piece of infrastructure. So it was built.

Over 1-year ago now, vDice launched. It has been a huge success. To-date vDice has processed almost 50,000 bets on the Ethereum blockchain. It has done over 10,000 ETH in prizes. That is Over US$ 1 million on current exchange rates.

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Decentralised Exchange with OasisDEX

OasisDEX Decentralised Exchange

The cryptocurrency market is plagued by the constant exchange hacks and thefts. Decentralised exchange is needed.

Blockchain technology has matured since 2008. Yet, in an otherwise decentralised ecosystem, exchanges are still a centralised sore point.

The solution is obvious; decentralised exchange. And decentralised exchanges are the holy grail of blockchain development. However, they pose some unique technical challenges.

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Development Update February

Development Update February

So much has happened. So much is happening. We’ve been busy. In this development update February we look at it all.

We’ve received a huge amount of feedback, comments, emails, messages and praise. Thank you!

Building a truly great Dapp like vDice is only possible with you; the community.

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The vDice Vision

vDice Vision for the Platform

We caused a stir recently. You can read our latest Medium post and development update to see why. There we outline the vDice vision.

In this post we set out the larger vision for vDice. That is, where we will be taking the brand and platform, long-term. As we have always stated, the vDapps area is open to any and all good Ethereum (ETH) betting Dapps.
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Bet Proof Verification

Bet Proof Verification for vDice

In this post we will deal with Proof Verification for bets on vDice.

Proving and verifying bets is important. vDice is the leading blockchain gambling game on Ethereum. You use the blockchain to verify bets.

Proof is important. For the proof verification we recommend to use the offchain-network-monitor, as it is open-source. It’s already deployed for simplicity here.

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Ethereum Devcon Event Analysis

Ethereum Devcon Event – Such Excitement

Ethereum Devcon Event 2016 is over. It was so great.

At vDice.io we are so proud to sponsor the event. It was good to sit down with our partners from China, the UK and around the world. The path forward is clear for Ethereum’s most popular gambling game; vDice.

We were blown away by all the exciting announcements. The Ethereum ecosystem is healthy and strong.

It’s growing so fast. After just one year major technology and finance players, everyone, is taking note.

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The 1st Three Months of vDice

The 1st Three Months of vDice – What a Ride

The 1st three months of vDice have been incredible. We launched on June 13th of this year. So, technically it has been 3 months and 5 days, but who’s counting?

Our goal has always been both simple, and ambitious; to create the world’s 1st fully decentralised gambling game. In so doing we aim to provide the best gambling experience for Ethereum and our players.

With vDice the world is seeing the power of Ethereum Smart Contracts.

We’ve come so far. It feels like a lot longer than 3-months. We’ve got such a great team. And we collaborate with the best in the ecosystem to deliver the vDice experience.

We all work on vDice constantly, every day. For us it’s a labour of love.

1st three months

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