The webpage has 4 binary digits. And a count down to the next bitcoin block. It also has a visualization of how large the wager pot is.
For every block you can pick a set of 4 binary digits. Then depending on how many slips you buy if you win you get that percent of the pot. Minus a service charge.
The UI for this could be very cool it would just be 4 ones or zeros that you could click or randomize. Then the count down timer. A lock in button which would take your wager. And a pot size button.
Could we do this all on chain? It would actually be quite difficult just in terms of transaction fees if it is but that would be the coolest way to do it. I’m not sure how the smart contract would work. But the question is would it be one smart contract that lots of people participate in or would it be lots of smart contracts with one wallet that they pull from.
It’s unclear. But it would be dope if it could all be done on chain.
11/3/24
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