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Place your Bets! What’s your Wager?? – くりぷ豚(Crypt-Oink) –

Place your Bets! What’s your Wager?? – くりぷ豚(Crypt-Oink) –

Crypt-Oink Team here back with a brand spankin’ new feature to add excitement to your daily Gran Ton Rismo matches. Grab your new Wager Chips and head to the track, because now you can BET and WIN! 
 🐖💰 💰 💰 💰 💰 🐖

From the home screen of Gran Ton Rismo,
https://race.crypt-oink.io/
will be a new option called the Wager Center

Located on the main menu for PC users and in the Race Track sub-menu for mobile device users.

The Wager Center

The Wager Center is the central hub for users to wager on race participants, manage their “Wager Tickets” (see below), and see lifetime wagering stats.

Users will be able to bet on two types of races: Wager Races, which are held multiple times a day, and Normal Races.

Wager Races are specifically designed for users to wager on and are not open for race participation, however, users can spectate these races once their betting time has ended and the race has started.

Normal Races are the finals which all users have a chance to participate in. These include the finals for: Season races, Monthly races, and Special races.

Users can access the Wager Center via the Wager Center menu icon.

Wager Chips

In order for users to be able to wager on races we have introduced a new currency in the game, Wager Chips.

Wager Chips can be obtained via

  • Login Bonuses
  • Race Rewards
  • The Wager Center

The Wager Shop

Users can use their Wager chips to either wager on races or convert them into Coink via the Wager Shop. We are also planning on adding special Wager Shop items in the future.

Users can access the Wager shop via the Shop main-menu icon.

More on Betting

Two types of Betting Modes exist,

・WIN, for betting which Crypton you think will come in first
・EXACTA, for betting which Crypton you think will come in first and second!

Actually displayed was “Wager Amount”

How to Bet

Actually displayed was “Wager Amount”

When it comes to betting, you’ll need to fill in your betting card. Within the Coink Amount (actually named “Wager Amount”), to create the number combination of your choice you can fill in more than one marker. 
You also can choose the Unit Scale in which you wish to bet in from 100s to 10,000s

Note: Minimum Bet is 100 Wager Chips

Checkin’ the Odds

In real time, up until the 1 minute before the race starts you can change your bets, make new ones, and see how the Odds are stacking up. We’ve even provided various standards for those who want to normalize to their native scale. 👍

When the race ends, we tally up the bets and dish out the winnings.

We hope this feature adds a new element to your Crypt-Oink experience and you’re able to cash in on (more figuratively than literally 😜)

As always, see ya on the track!

Published at Thu, 25 Apr 2019 14:07:16 +0000

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Charlie Shrem: ‘It’s Not About The Technology Anymore, It’s About Power’

bitcoin entrepreneur Charlie Shrem shared his views on the scaling debate, stating that “it’s not about technology anymore, it’s about power.”


Shrem: ‘It’s About Power’

Charlie Shrem, bitcoin entrepreneur and co-founder of Intellysis, was present in today’s episode of the  Double Down show, dubbed “Does Block Size Matter?” with the usual hosts Max Keiser and Stacy Herbert.

Hard Fork Wars

During the show, Shrem expressed his thoughts regarding the current state of the scaling debate or as Herbert called it, “the Great Blocksize War of 2017.”

Shrem stated:

In reality, it’s not a technical argument anymore. Everyone on both sides of the table say that SegWit is the best technology that we have.

According to Shrem, the scaling debate is no longer about the most viable technology or solution that can be used to scale bitcoin. Instead, the scaling debate has become a power struggle between two development teams, Bitcoin Unlimited and Bitcoin Core.

“The other side of the debate, which is bitcoin Unlimited, they agree that SegWit is a great technology,” he continued. “But to them it’s not about technology anymore, it’s about power.”

Shrem went on to say:

They want to remove [bitcoin Core’s] ability to work on bitcoin and instead have a closed-membership small group of four to five developers, who they think are the best for the job, run bitcoin going forward.

A Test for bitcoin

However, there is a silver lining in this development, which Shrem considers it as an “extremely bullish situation for bitcoin.” The current block size “drama” is showcasing bitcoin’s ability to resist a malicious attack on the network.

He noted:

Here you have a group of bad actors who are trying to overtake the bitcoin network and essentially fork all of bitcoin and force all bitcoin users to be able to use their developers and their codebase and their everything and it’s not a group of miners that’s preventing this.

Shrem sees the current hash power signaling as a “glorified poll” when it comes to hard fork given that nodes are the ones that validate blocks and they can discard the ones from the hard-forked chain at will, meaning that miners don’t have nearly as much power as they think they do.

This can be observed the UASF proposal, which would bypass the miners completely and leave it up to the nodes to force SegWit into activation.

However, it may not come down to a UASF, as mining pools like F2Pool are beginning to move to SegWit driven by demand from individual users that contribute hashrate to the pool.

Champagne Problem

Not all is gloomy for bitcoin, however. Amidst all the tension and drama, one must also look at the bright side, which is the reason we’re having this heated debate at all: Bitcoin is growing at an exponential rate.

This is, as Shrem puts it, a “champagne problem,” one that gives us as much to celebrate as it gives us to fight about. 

Bitcoin 2016

“It’s a good problem to have. bitcoin has grown really quickly. We never expected this to happen so quickly, to be honest. We’re getting towards what they call a ‘champagne problem,’ how do you scale?” he said.

This means that not only is bitcoin working as intended, but there is also an urgent need for such a currency in the world. Now, it’s only a matter of making sure that bitcoin can become that currency and still maintain its decentralized and immutable characteristics.

Shrem concluded:

There has always been research and conversations on scaling over the past three years but, to be honest, we didn’t think we’d see this exponential growth in bitcoin and now it’s time to have that conversation.

Do you agree? Is the scaling debate actually about power and control? Share below!


Images courtesy of Shutterstock, alchetron.com, coin.dance

The post Charlie Shrem: ‘It’s Not About The Technology Anymore, It’s About Power’ appeared first on Bitcoinist.com.