Ethereum Betting with vDice.io
Ethereum betting gambling games are pretty scarce at the moment.
So, with that…Greetings fellow Etherians (is that a word?). We are pleased to announce vDice.io is now live.
It is an online betting game implemented as an Ethereum Smart Contract. vDice.io is connected to the main-net, and has a few Ethers in it, so you can give it a ‘spin’.
It acts as proof positive that Vitalik is a cyborg sent back, from the future, to save (or possibly destroy) humanity. We haven’t worked it out yet.
We believe it to be the first pure ‘Satoshi Dice’ gambling style game, implemented for Ethereum and put on the main-net.
We may be wrong. You can tell us. We haven’t had too much time to verify. We’ve been too busy building the thing.
Ethereum Betting Gambling You Say? Interesting…
Well, it works like classic Satoshi-Dice. You send Ether to a game address on the site. You win, you get a win back. You lose, you get 1 wei back.
Each address is its own contract. And anyone can invest in any contract they like. There is room for 10 investors per contract.
All details are on the site. Right now it returns bets in 15-35 seconds, roughly. This varies a bit. Next release is 1st week July. Which will have betting faster by a third, minimum.
We will then continue to drive down the speed and cost of betting, on chain, through July. Our aim is to make it as fast and cheap as possible, completely on-chain, to really test the network, over time.
The UI makes everything super easy to follow. It all updates through our custom API.
vDice.io is just software. Nobody owns it. It owns itself. It is an autonomous entity, executing as code on the Ethereum p2p network.
It lives in the ‘Ether’; in the realm of ideas and magic. Enjoy it!