Description

Update

SatoshiDice is a "blockchain-based betting game." Some consider it to be DDoS attack against the Bitcoin network since it is bypassing the built-in anti-DDoS features of Bitcoin (transaction fees). Others see it as proof that the incentives created by the bitcoin transaction fee scheme do not produce the results originally expected. Unlike traditional online gaming software, wagers with SatoshiDice can be sent without access to the website nor running any client software. To play, a Bitcoin transaction is made to one of the static addresses operated by the service, each having differing payouts. The service determines if the wager wins or loses and sends a transaction in response with the payout to a winning bet or it returns a tiny fraction of the house's gain to a losing bet. As a result, the game spams the p2p network and blockchain with useless data. SatoshiDice forces players to pay a transaction fee on each result so the spam will successfully flood both the p2p relay network and the blockchain.

Reviews

Write a review

- September 20, 2013
Satoshi dice is a very fun game and is where I first used bitcoin. Highly recommended!

People Also Viewed

Bitsler logo

Bitsler

39 reviews
Gambling website dice & other games. We have friendly support...
BetChain Casino logo

BetChain Casino

18 reviews
BetChain.com, one of biggest online Bitcoin casinos provides you...
Dicecoin.io logo

Dicecoin.io

27 reviews
DiceCoin is a online game using Bitcoin cryptocurrency.

Submit a Review



People Also Viewed

Double Bitcoin 3 Hours logo

Double Bitcoin 3 Hours

248 reviews
Double Bitcoin in 3 Hours is fastest Bitcoin Doubler, our System...
10XBTC LOTTERY logo

10XBTC LOTTERY

85 reviews
You can win up to 100 BTC: 3 hits = 100 BTC, 2 hits = 10 BTC and 1...
Bitsler logo

Bitsler

39 reviews
Gambling website dice & other games. We have friendly support...
BetChain Casino logo

BetChain Casino

18 reviews
BetChain.com, one of biggest online Bitcoin casinos provides you...
Dicecoin.io logo

Dicecoin.io

27 reviews
DiceCoin is a online game using Bitcoin cryptocurrency.

Top Exchanges

Onex BTC logo

Onex BTC

310 reviews
Do you want buy bitcoin with paypal without id verification or...
Cash To Crypto logo

Cash To Crypto

209 reviews
Cash To Crypto was formed in 2013 to provide a simple solution for...
BitQuick.co logo

BitQuick.co

583 reviews
BitQuick.co is a new instant buying and selling Bitcoin platform...
AltQuick.co logo

AltQuick.co

57 reviews
Buy and Sell Altcoins for Cash Deposit! Get Altcoins instantly or...
Bitxoxo logo

Bitxoxo

123 reviews
Bitxoxo is your one-stop destination for Buying, Selling & Gifting...