https://en.bitcoin.it/w/api.php?action=feedcontributions&feedformat=atom&user=SatoshiGamesBitcoin Wiki - User contributions [en]2026-05-06T14:35:12ZUser contributionsMediaWiki 1.43.8https://en.bitcoin.it/w/index.php?title=Satoshi_Dice&diff=60187Satoshi Dice2016-01-25T18:08:12Z<p>SatoshiGames: Restored official link that I assume a competitor removed</p>
<hr />
<div>'''Satoshi Dice''' (sometimes stylized as '''SatoshiDICE''') is a "blockchain-based betting game" operating since 2012. In 2014, off chain session based bets were also made available.<br />
<br />
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.<br />
<br />
Unlike traditional online gaming software, wagers with Satoshi Dice 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.<br />
As a result, the game spams the p2p network and blockchain with useless data.<br />
Satoshi Dice forces players to pay a transaction fee on each result so the spam will successfully flood both the p2p relay network and the blockchain.<br />
<br />
There has been the suggestion that the service might be also be used as a [[mixing service]], as the composition of a wallet can be materially changed after running wagers through Satoshi Dice<ref>[http://bitcointalk.org/index.php?topic=79079.0 Blockchain-based betting services function as mixing services?]</ref>.<br />
Though this approach could change the makeup of the wallet, it does not sufficiently serve the mixing purpose as the coins returned in winning bets are tied to the coins from the wager transaction. The new session based game ''may'' send back a balance from unrelated addresses that are not tainted to the deposit address. However taint can still be applied at a later stage if change from the untainted withdrawal is later used together with the original deposit transaction.<br />
<br />
There is no reason to believe that [[Satoshi Nakamoto]] has anything to do with this attack, other than the service choosing to include the noun Satoshi in the brand.<br />
<br />
Satoshi Dice.com was [https://bitcointalk.org/index.php?topic=77870.0 announced] on bitcointalk on April 24th, 2012, by its operator, Eric Voorhees. A user of this wiki [https://en.bitcoin.it/w/index.php?title=SatoshiDice&diff=prev&oldid=38056 claimed] that it is currently operated by and licensed under Costa Rica-based Blockchain Limitada. It is unclear whether Mr. Voorhees controls Blockchain Limitada. A [http://www.google.com/search?client=safari&rls=en&q=%22blockchain+limitada%22&ie=UTF-8&oe=UTF-8 google search for "Blockchain Limitada"] yields no hits.<br />
<br />
Satoshi Dice permanently blocked US players in May 2013 citing potential legal concern.<br />
<br />
==Random Number Generation==<br />
<br />
To determine if a wager is a winner or loser, the site uses a method to produce a number between 0 and 65,535, similar to how a random number generator (RNG) would be used. The service uses a combination of the transaction hash from the wager transaction from the blockchain and performs a 512-bit SHA2 hash for that transaction hash using a secret unknown to the player. The first four bytes of that hash become the lucky number in determining winner or loser.<br />
<br />
==Odds==<br />
<br />
Each wager address has different odds, and each gives the house an edge of 1.90% (i.e., payouts are 98.1% when including the payout to the losing bets). The website shows the full list of wager addresses and odds.<br />
<br />
==Automated Betting==<br />
<br />
Some gamblers have built automated betting bot scripts employing the Martingale betting system and variants thereof<ref>[http://bitcointalk.org/index.php?topic=80245.0 PHP martingale bot for Satoshi Dice]</ref>.<br />
<br />
==History==<br />
<br />
Satoshi Dice was the brand given the service initially created by [[BitcoinTalk]] forum user FireDuck before selling the system to another operator<ref>[http://www.reddit.com/r/Bitcoin/comments/segz0/anyone_want_to_run_my_bitcoin_casino Anyone want to run my bitcoin casino]</ref>. The service was announced on April 24, 2012<ref>[http://bitcointalk.org/index.php?topic=77870.0 SatoshiDICE.com - Verified rolls, up to 65,000x winning]</ref>.<br />
Within weeks, the site became responsible for more Bitcoin transactions than all other uses of Bitcoin combined<ref>[http://bitcointalk.org/index.php?topic=79285.0 All-time transaction record was just hit]</ref>.<br />
<br />
Since August 20, 2012 some Satoshi Dice shares are traded<ref>https://bitcointalk.org/index.php?topic=101902.0 IPO shares announcement</ref> on the Romanian exchange platform [[MPEx]] under S.DICE symbol and paying monthly dividends.<br />
<br />
'''1dice1e6pdhLzzWQq7yMidf6j8eAg7pkY''', is a version-0 Bitcoin [[address]]. By sending coins to this address, one participates in Satoshi Dice's "lessthan 1" gambling game, which offers a 0.0015% chance to win 64000&times; the original bet. As Satoshi Dice is fully automatic, transactions sent to this address will receive payment almost immediately after it is broadcast.<br />
<br />
As with all Satoshi Dice betting addresses, this address is a [[Vanitygen|vanity]] one, specially generated to have a "1dice" prefix. The address that holds the "1dice" firstbits, however, is 1DicEcEgURmiRqfunhFWgUjd4HZZLkzyWQ, an insignificant address likely unrelated to Satoshi Dice.<br />
<br />
Thus far, Satoshi Dice's appeal has caused this address to be among the most-used addresses.<br />
<br />
==See Also==<br />
<br />
* [[Mixing service]]<br />
* [[Bitcoin Ladder]]<br />
<br />
==References==<br />
<references /><br />
<br />
==External Links==<br />
<br />
* [https://www.satoshidice.com Official website]<br />
<br />
[[Category:Gambling]]</div>SatoshiGameshttps://en.bitcoin.it/w/index.php?title=Bitcoin_Dice&diff=60186Bitcoin Dice2016-01-25T18:04:51Z<p>SatoshiGames: </p>
<hr />
<div>Bitcoin dice games are by far the most popular Bitcoin powered casino game available online. Players often regard it as the most pure form of gambling, as dice sites allow entering precise levels of risk and reward, typically at a fixed with a fixed house edge. Often you can bet if the number will be "lo" or "hi", giving players an illusion of control. Most dice sites offer a form of provably fair, to allow the player to verify the results were not tampered with. <br />
<br />
=== Bitcoin Dice Websites ===<br />
<br />
[[Satoshi Dice]] The block chain dice game originally run by [[Erik Voorhees]]. At one time responsible for the majority of the transactions in the Bitcoin network.<br />
<br />
[http://www.googdice.com Googdice] Clean & Fair Bitcoin Dice Game inspired by the popular search engine. 0,5% House Edge.<br />
<br />
[https://www.dustdice.com DustDice] Visual twist on regular dice<br />
<br />
[https://www.peerbet.org PeerBet.org ] PeerBet is one of the oldest and most trusted Bitcoin Dice sites in existence, originating in 2012. It features 0% house edge raffles, 1% edge dice, and the Wheel of Chance. All provably fair<br />
<br />
[https://primedice.com/?ref=highonquack PrimeDice] Simple and Sleek AI for Bitcoin Gambling. By far the best. Confirms money after 1 confirmation. 0.5% HOUSE EDGE.<br />
<br />
[https://www.crypto-games.net Crypto-Games] Provably Fair DICE game (only 0.8% House edge!) for playing with Bitcoin, Litecoin, Dogecoin and other Altcoins. Super Fast, Instant deposits, Secure, Provably Fair and No Fees!<br />
<br />
[http://rollin.io/ Rollin.io - Bitcoin dice] | Low 0.6% up to 1% house edge | Provably fair | Auto bot | Free bitcoins | Social chat | Instant payouts! <br />
<br />
[http://cloudroll.io BitCoin Casino] CloudRoll is an automated BitCoin casino with a low house edge, allowing you to bet BitCoin in any corner of the world!<br />
<br />
[https://win88.me/ Win88.me Bitcoin Casino - Bitcoin Dice, Instant Win Lotto, Rock Paper Scissors Lizard Spock (RPSLS)] | Provably fair | Autobet | 2k Satoshi Faucet | Chat | More Info at [[Win88]]<br />
<br />
[http://suzukidice.com/ SuzukiDICE.com] Lowest house edge 0.9%! No account needed. Payouts are nearly instant.<br />
<br />
[https://fairproof.com/ FairProof.com] Provably fair bitcoin lottery. Few games inside, provably fair 100%, welcome and deposit bonuses. Affiliate program.<br />
<br />
[[Pocket Dice]] — First realistic bitcoin dice game. Free satoshi faucet. Referral program. Earn 1% of every bet your referrals make, no matter they win or lose.<br />
<br />
[https://coinroyale.com/dice CoinRoyale Dice] HTML5 provably fair Dice. Instant play after deposit, no registration required, low house edge and of course, Provably Fair.</div>SatoshiGameshttps://en.bitcoin.it/w/index.php?title=Bitcoin_Dice&diff=60185Bitcoin Dice2016-01-25T18:03:54Z<p>SatoshiGames: </p>
<hr />
<div>Bitcoin dice games are by far the most popular Bitcoin powered casino game available online. Players often regard it as the most pure form of gambling, as dice sites allow entering precise levels of risk and reward, typically at a fixed with a fixed house edge. Often you can bet if the number will be "lo" or "hi", giving players an illusion of control. Most dice sites offer a form of provably fair, to allow the player to verify the results were not tampered with. <br />
<br />
=== Bitcoin Dice Websites ===<br />
<br />
[[Satoshi Dice]] The block chain dice game originally run by [[Erik Voorhees]]. At one time responsible for the majority of the transactions in the Bitcoin network.<br />
<br />
[http://www.googdice.com Googdice] Clean & Fair Bitcoin Dice Game inspired by the popular search engine. 0,5% House Edge.<br />
<br />
[https://www.dustdice.com DustDice] Visual twist on regular dice<br />
<br />
[https://www.peerbet.org PeerBet.org ] PeerBet is one of the oldest and most trusted Bitcoin Dice sites in existence, originating in 2012. It features 0% house edge raffles, 1% edge dice, and the Wheel of Chance. All provably fair<br />
<br />
[https://primedice.com/?ref=highonquack PrimeDice] Simple and Sleek AI for Bitcoin Gambling. By far the best. Confirms money after 1 confirmation. 0.5% HOUSE EDGE.<br />
<br />
[[File:CryptoGames_favicon.png|16px|link=CryptoGames]] [https://www.crypto-games.net '''Crypto-Games'''] Provably Fair DICE game (only 0.8% House edge!) for playing with Bitcoin, Litecoin, Dogecoin and other Altcoins. Super Fast, Instant deposits, Secure, Provably Fair and No Fees!<br />
<br />
[http://rollin.io/ Rollin.io - Bitcoin dice] | Low 0.6% up to 1% house edge | Provably fair | Auto bot | Free bitcoins | Social chat | Instant payouts! <br />
<br />
[http://cloudroll.io BitCoin Casino] CloudRoll is an automated BitCoin casino with a low house edge, allowing you to bet BitCoin in any corner of the world!<br />
<br />
[https://win88.me/ Win88.me Bitcoin Casino - Bitcoin Dice, Instant Win Lotto, Rock Paper Scissors Lizard Spock (RPSLS)] | Provably fair | Autobet | 2k Satoshi Faucet | Chat | More Info at [[Win88]]<br />
<br />
[http://suzukidice.com/ SuzukiDICE.com] Lowest house edge 0.9%! No account needed. Payouts are nearly instant.<br />
<br />
[https://fairproof.com/ FairProof.com] Provably fair bitcoin lottery. Few games inside, provably fair 100%, welcome and deposit bonuses. Affiliate program.<br />
<br />
[[Pocket Dice]] — First realistic bitcoin dice game. Free satoshi faucet. Referral program. Earn 1% of every bet your referrals make, no matter they win or lose.<br />
<br />
[https://coinroyale.com/dice CoinRoyale Dice] HTML5 provably fair Dice. Instant play after deposit, no registration required, low house edge and of course, Provably Fair.</div>SatoshiGameshttps://en.bitcoin.it/w/index.php?title=Satoshi_Dice&diff=56086Satoshi Dice2015-04-13T08:18:17Z<p>SatoshiGames: </p>
<hr />
<div>'''Satoshi Dice''' is a "blockchain-based betting game" operating since 2012. In 2014, off chain session based bets were also made available.<br />
<br />
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.<br />
<br />
Unlike traditional online gaming software, wagers with Satoshi Dice 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.<br />
As a result, the game spams the p2p network and blockchain with useless data.<br />
Satoshi Dice forces players to pay a transaction fee on each result so the spam will successfully flood both the p2p relay network and the blockchain.<br />
<br />
There has been the suggestion that the service might be also be used as a [[mixing service]], as the composition of a wallet can be materially changed after running wagers through Satoshi Dice<ref>[http://bitcointalk.org/index.php?topic=79079.0 Blockchain-based betting services function as mixing services?]</ref>.<br />
Though this approach could change the makeup of the wallet, it does not sufficiently serve the mixing purpose as the coins returned in winning bets are tied to the coins from the wager transaction. The new session based game ''may'' send back a balance from unrelated addresses that are not tainted to the deposit address. However taint can still be applied at a later stage if change from the untainted withdrawal is later used together with the original deposit transaction.<br />
<br />
There is no reason to believe that [[Satoshi Nakamoto]] has anything to do with this attack, other than the service choosing to include the noun Satoshi in the brand.<br />
<br />
Satoshi Dice.com was [https://bitcointalk.org/index.php?topic=77870.0 announced] on bitcointalk on April 24th, 2012, by its operator, Eric Voorhees. A user of this wiki [https://en.bitcoin.it/w/index.php?title=SatoshiDice&diff=prev&oldid=38056 claimed] that it is currently operated by and licensed under Costa Rica-based Blockchain Limitada. It is unclear whether Mr. Voorhees controls Blockchain Limitada. A [http://www.google.com/search?client=safari&rls=en&q=%22blockchain+limitada%22&ie=UTF-8&oe=UTF-8 google search for "Blockchain Limitada"] yields no hits.<br />
<br />
Satoshi Dice permanently blocked US players in May 2013 citing potential legal concern.<br />
<br />
==Random Number Generation==<br />
<br />
To determine if a wager is a winner or loser, the site uses a method to produce a number between 0 and 65,535, similar to how a random number generator (RNG) would be used. The service uses a combination of the transaction hash from the wager transaction from the blockchain and performs a 512-bit SHA2 hash for that transaction hash using a secret unknown to the player. The first four bytes of that hash become the lucky number in determining winner or loser.<br />
<br />
==Odds==<br />
<br />
Each wager address has different odds, and each gives the house an edge of 1.90% (i.e., payouts are 98.1% when including the payout to the losing bets). The website shows the full list of wager addresses and odds.<br />
<br />
==Automated Betting==<br />
<br />
Some gamblers have built automated betting bot scripts employing the Martingale betting system and variants thereof<ref>[http://bitcointalk.org/index.php?topic=80245.0 PHP martingale bot for Satoshi Dice]</ref>.<br />
<br />
==History==<br />
<br />
Satoshi Dice was the brand given the service initially created by [[BitcoinTalk]] forum user FireDuck before selling the system to another operator<ref>[http://www.reddit.com/r/Bitcoin/comments/segz0/anyone_want_to_run_my_bitcoin_casino Anyone want to run my bitcoin casino]</ref>. The service was announced on April 24, 2012<ref>[http://bitcointalk.org/index.php?topic=77870.0 SatoshiDICE.com - Verified rolls, up to 65,000x winning]</ref>.<br />
Within weeks, the site became responsible for more Bitcoin transactions than all other uses of Bitcoin combined<ref>[http://bitcointalk.org/index.php?topic=79285.0 All-time transaction record was just hit]</ref>.<br />
<br />
Since August 20, 2012 some Satoshi Dice shares are traded<ref>https://bitcointalk.org/index.php?topic=101902.0 IPO shares announcement</ref> on the Romanian exchange platform [[MPEx]] under S.DICE symbol and paying monthly dividends.<br />
<br />
'''1dice1e6pdhLzzWQq7yMidf6j8eAg7pkY''', is a version-0 Bitcoin [[address]]. By sending coins to this address, one participates in Satoshi Dice's "lessthan 1" gambling game, which offers a 0.0015% chance to win 64000&times; the original bet. As Satoshi Dice is fully automatic, transactions sent to this address will receive payment almost immediately after it is broadcast.<br />
<br />
As with all Satoshi Dice betting addresses, this address is a [[Vanitygen|vanity]] one, specially generated to have a "1dice" prefix. The address that holds the "1dice" firstbits, however, is 1DicEcEgURmiRqfunhFWgUjd4HZZLkzyWQ, an insignificant address likely unrelated to Satoshi Dice.<br />
<br />
Thus far, Satoshi Dice's appeal has caused this address to be among the most-used addresses.<br />
<br />
==See Also==<br />
<br />
* [[Mixing service]]<br />
* [[Bitcoin Ladder]]<br />
<br />
== Reviews ==<br />
<br />
[http://www.bitcoincasinopro.com/reviews/satoshi-dice/ Satoshi Dice Review] A+ Bitcoin Casino Pro Rating<br />
<br />
==External Links==<br />
<br />
* [https://www.SatoshiDice.com SatoshiDice.com] website<br />
<br />
==References==<br />
<references /><br />
<br />
[[Category:Gambling]]</div>SatoshiGameshttps://en.bitcoin.it/w/index.php?title=Satoshi_Dice&diff=56085Satoshi Dice2015-04-13T08:17:43Z<p>SatoshiGames: </p>
<hr />
<div>'''Satoshi Dice''' is a "blockchain-based betting game" operating since 2012. Since 2014, off chain session based bets are also available.<br />
<br />
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.<br />
<br />
Unlike traditional online gaming software, wagers with Satoshi Dice 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.<br />
As a result, the game spams the p2p network and blockchain with useless data.<br />
Satoshi Dice forces players to pay a transaction fee on each result so the spam will successfully flood both the p2p relay network and the blockchain.<br />
<br />
There has been the suggestion that the service might be also be used as a [[mixing service]], as the composition of a wallet can be materially changed after running wagers through Satoshi Dice<ref>[http://bitcointalk.org/index.php?topic=79079.0 Blockchain-based betting services function as mixing services?]</ref>.<br />
Though this approach could change the makeup of the wallet, it does not sufficiently serve the mixing purpose as the coins returned in winning bets are tied to the coins from the wager transaction. The new session based game ''may'' send back a balance from unrelated addresses that are not tainted to the deposit address. However taint can still be applied at a later stage if change from the untainted withdrawal is later used together with the original deposit transaction.<br />
<br />
There is no reason to believe that [[Satoshi Nakamoto]] has anything to do with this attack, other than the service choosing to include the noun Satoshi in the brand.<br />
<br />
Satoshi Dice.com was [https://bitcointalk.org/index.php?topic=77870.0 announced] on bitcointalk on April 24th, 2012, by its operator, Eric Voorhees. A user of this wiki [https://en.bitcoin.it/w/index.php?title=SatoshiDice&diff=prev&oldid=38056 claimed] that it is currently operated by and licensed under Costa Rica-based Blockchain Limitada. It is unclear whether Mr. Voorhees controls Blockchain Limitada. A [http://www.google.com/search?client=safari&rls=en&q=%22blockchain+limitada%22&ie=UTF-8&oe=UTF-8 google search for "Blockchain Limitada"] yields no hits.<br />
<br />
Satoshi Dice permanently blocked US players in May 2013 citing potential legal concern.<br />
<br />
==Random Number Generation==<br />
<br />
To determine if a wager is a winner or loser, the site uses a method to produce a number between 0 and 65,535, similar to how a random number generator (RNG) would be used. The service uses a combination of the transaction hash from the wager transaction from the blockchain and performs a 512-bit SHA2 hash for that transaction hash using a secret unknown to the player. The first four bytes of that hash become the lucky number in determining winner or loser.<br />
<br />
==Odds==<br />
<br />
Each wager address has different odds, and each gives the house an edge of 1.90% (i.e., payouts are 98.1% when including the payout to the losing bets). The website shows the full list of wager addresses and odds.<br />
<br />
==Automated Betting==<br />
<br />
Some gamblers have built automated betting bot scripts employing the Martingale betting system and variants thereof<ref>[http://bitcointalk.org/index.php?topic=80245.0 PHP martingale bot for Satoshi Dice]</ref>.<br />
<br />
==History==<br />
<br />
Satoshi Dice was the brand given the service initially created by [[BitcoinTalk]] forum user FireDuck before selling the system to another operator<ref>[http://www.reddit.com/r/Bitcoin/comments/segz0/anyone_want_to_run_my_bitcoin_casino Anyone want to run my bitcoin casino]</ref>. The service was announced on April 24, 2012<ref>[http://bitcointalk.org/index.php?topic=77870.0 SatoshiDICE.com - Verified rolls, up to 65,000x winning]</ref>.<br />
Within weeks, the site became responsible for more Bitcoin transactions than all other uses of Bitcoin combined<ref>[http://bitcointalk.org/index.php?topic=79285.0 All-time transaction record was just hit]</ref>.<br />
<br />
Since August 20, 2012 some Satoshi Dice shares are traded<ref>https://bitcointalk.org/index.php?topic=101902.0 IPO shares announcement</ref> on the Romanian exchange platform [[MPEx]] under S.DICE symbol and paying monthly dividends.<br />
<br />
'''1dice1e6pdhLzzWQq7yMidf6j8eAg7pkY''', is a version-0 Bitcoin [[address]]. By sending coins to this address, one participates in Satoshi Dice's "lessthan 1" gambling game, which offers a 0.0015% chance to win 64000&times; the original bet. As Satoshi Dice is fully automatic, transactions sent to this address will receive payment almost immediately after it is broadcast.<br />
<br />
As with all Satoshi Dice betting addresses, this address is a [[Vanitygen|vanity]] one, specially generated to have a "1dice" prefix. The address that holds the "1dice" firstbits, however, is 1DicEcEgURmiRqfunhFWgUjd4HZZLkzyWQ, an insignificant address likely unrelated to Satoshi Dice.<br />
<br />
Thus far, Satoshi Dice's appeal has caused this address to be among the most-used addresses.<br />
<br />
==See Also==<br />
<br />
* [[Mixing service]]<br />
* [[Bitcoin Ladder]]<br />
<br />
== Reviews ==<br />
<br />
[http://www.bitcoincasinopro.com/reviews/satoshi-dice/ Satoshi Dice Review] A+ Bitcoin Casino Pro Rating<br />
<br />
==External Links==<br />
<br />
* [https://www.SatoshiDice.com SatoshiDice.com] website<br />
<br />
==References==<br />
<references /><br />
<br />
[[Category:Gambling]]</div>SatoshiGameshttps://en.bitcoin.it/w/index.php?title=Satoshi_Dice&diff=56081Satoshi Dice2015-04-12T21:36:06Z<p>SatoshiGames: Added information about the off chain betting.</p>
<hr />
<div>'''Satoshi Dice''' is a "blockchain-based betting game." operating since 2012. Since 2014, off chain session based bets are also available.<br />
<br />
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.<br />
<br />
Unlike traditional online gaming software, wagers with Satoshi Dice 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.<br />
As a result, the game spams the p2p network and blockchain with useless data.<br />
Satoshi Dice forces players to pay a transaction fee on each result so the spam will successfully flood both the p2p relay network and the blockchain.<br />
<br />
There has been the suggestion that the service might be also be used as a [[mixing service]], as the composition of a wallet can be materially changed after running wagers through Satoshi Dice<ref>[http://bitcointalk.org/index.php?topic=79079.0 Blockchain-based betting services function as mixing services?]</ref>.<br />
Though this approach could change the makeup of the wallet, it does not sufficiently serve the mixing purpose as the coins returned in winning bets are tied to the coins from the wager transaction. The new session based game ''may'' send back a balance from unrelated addresses that are not tainted to the deposit address. However taint can still be applied at a later stage if change from the untainted withdrawal is later used together with the original deposit transaction.<br />
<br />
There is no reason to believe that [[Satoshi Nakamoto]] has anything to do with this attack, other than the service choosing to include the noun Satoshi in the brand.<br />
<br />
Satoshi Dice.com was [https://bitcointalk.org/index.php?topic=77870.0 announced] on bitcointalk on April 24th, 2012, by its operator, Eric Voorhees. A user of this wiki [https://en.bitcoin.it/w/index.php?title=SatoshiDice&diff=prev&oldid=38056 claimed] that it is currently operated by and licensed under Costa Rica-based Blockchain Limitada. It is unclear whether Mr. Voorhees controls Blockchain Limitada. A [http://www.google.com/search?client=safari&rls=en&q=%22blockchain+limitada%22&ie=UTF-8&oe=UTF-8 google search for "Blockchain Limitada"] yields no hits.<br />
<br />
Satoshi Dice permanently blocked US players in May 2013 citing potential legal concern.<br />
<br />
==Random Number Generation==<br />
<br />
To determine if a wager is a winner or loser, the site uses a method to produce a number between 0 and 65,535, similar to how a random number generator (RNG) would be used. The service uses a combination of the transaction hash from the wager transaction from the blockchain and performs a 512-bit SHA2 hash for that transaction hash using a secret unknown to the player. The first four bytes of that hash become the lucky number in determining winner or loser.<br />
<br />
==Odds==<br />
<br />
Each wager address has different odds, and each gives the house an edge of 1.90% (i.e., payouts are 98.1% when including the payout to the losing bets). The website shows the full list of wager addresses and odds.<br />
<br />
==Automated Betting==<br />
<br />
Some gamblers have built automated betting bot scripts employing the Martingale betting system and variants thereof<ref>[http://bitcointalk.org/index.php?topic=80245.0 PHP martingale bot for Satoshi Dice]</ref>.<br />
<br />
==History==<br />
<br />
Satoshi Dice was the brand given the service initially created by [[BitcoinTalk]] forum user FireDuck before selling the system to another operator<ref>[http://www.reddit.com/r/Bitcoin/comments/segz0/anyone_want_to_run_my_bitcoin_casino Anyone want to run my bitcoin casino]</ref>. The service was announced on April 24, 2012<ref>[http://bitcointalk.org/index.php?topic=77870.0 SatoshiDICE.com - Verified rolls, up to 65,000x winning]</ref>.<br />
Within weeks, the site became responsible for more Bitcoin transactions than all other uses of Bitcoin combined<ref>[http://bitcointalk.org/index.php?topic=79285.0 All-time transaction record was just hit]</ref>.<br />
<br />
Since August 20, 2012 some Satoshi Dice shares are traded<ref>https://bitcointalk.org/index.php?topic=101902.0 IPO shares announcement</ref> on the Romanian exchange platform [[MPEx]] under S.DICE symbol and paying monthly dividends.<br />
<br />
'''1dice1e6pdhLzzWQq7yMidf6j8eAg7pkY''', is a version-0 Bitcoin [[address]]. By sending coins to this address, one participates in Satoshi Dice's "lessthan 1" gambling game, which offers a 0.0015% chance to win 64000&times; the original bet. As Satoshi Dice is fully automatic, transactions sent to this address will receive payment almost immediately after it is broadcast.<br />
<br />
As with all Satoshi Dice betting addresses, this address is a [[Vanitygen|vanity]] one, specially generated to have a "1dice" prefix. The address that holds the "1dice" firstbits, however, is 1DicEcEgURmiRqfunhFWgUjd4HZZLkzyWQ, an insignificant address likely unrelated to Satoshi Dice.<br />
<br />
Thus far, Satoshi Dice's appeal has caused this address to be among the most-used addresses.<br />
<br />
==See Also==<br />
<br />
* [[Mixing service]]<br />
* [[Bitcoin Ladder]]<br />
<br />
== Reviews ==<br />
<br />
[http://www.bitcoincasinopro.com/reviews/satoshi-dice/ Satoshi Dice Review] A+ Bitcoin Casino Pro Rating<br />
<br />
==External Links==<br />
<br />
* [https://www.SatoshiDice.com SatoshiDice.com] website<br />
<br />
==References==<br />
<references /><br />
<br />
[[Category:Gambling]]</div>SatoshiGameshttps://en.bitcoin.it/w/index.php?title=From_address&diff=56080From address2015-04-12T21:32:55Z<p>SatoshiGames: </p>
<hr />
<div>Bitcoin addresses are used to receive payments, but not to send them:<br />
there is no concept of a "from" address in Bitcoin.<br />
<br />
A common exchange on Bitcoin forums goes like this:<br />
* X: How do I see the address that a transaction came from?<br />
** or: Why does my wallet software not tell me where transactions came from?<br />
* Y: (You can’t,) because there is no ‘from’ address.<br />
* X: What the hell do you mean? My transaction came from somewhere!<br />
This is an attempt to explain readably but fairly completely in one easily linkable place.<br />
<br />
== It depends what your definition of ‘from’ is ==<br />
<br />
OK, so before you had these coins, someone else had them<ref>Unless you were [[Coinbase|mining]].</ref> — let’s say your friend Monica paid you back her share of your restaurant bill right there in the restaurant.<br />
The reason for avoiding the word ‘from’ is that in common English usage it’s tempting to assume that if something came ''from somewhere'', and you need to return it or correspond later about something else, that’s where you should ''return it to/reply to''.<br />
In the case of Bitcoin transactions (and actually often in the real world) this is an unreliable assumption;<br />
it confuses the who with the where/how.<br />
The distinction isn’t just [http://www.deadprogrammer.com/technically-correct pedantry];<br />
people (especially [[Satoshi Dice]] customers) have made this mistake and have lost money, so it’s primarily an effort to minimise such losses in future<ref>Secondarily, understanding why it’s unreliable is useful both for sound understanding of Bitcoin and for writing robust financial code that doesn’t lose other people’s money or cause support headaches for you.</ref>.<br />
<br />
I suspect the following factors have contributed to the popularity of the “from” misconception:<br />
# We often learn by comparing new phenomena to those we’re already familiar with, and in most other payment systems and sender/recipient models the sender has a single permanent identifier.<br />
# Most blockchain explorers<ref>At least [https://blockexplorer.com blockexplorer.com], [https://blockchain.info blockchain.info], [https://biteasy.com biteasy.com] and [https://blockr.io blockr.io] (at time of writing).</ref> attempt to show all last-sent-to addresses for a transaction in an effort to be user-friendly, and either show a suggestive arrow or even (in the case of blockexplorer.com) actually label the last-sent-to as “From”. All those I checked represent addresses as having a “balance” which tempts people to think addresses operate like bank accounts.<br />
# The depiction or use of addresses in some local wallets somewhat encourages it:<br />
#* Multibit prefers simpler key management over privacy, [https://bitcointalk.org/index.php?topic=208808.msg2191181#msg2191181 sending change “back” to one of the last-sent-to addresses]<br />
#* Electrum [https://iwilcox.me.uk/2014/no-from/electrum-screenshot represents addresses as having balances]<br />
# Vanity address use can easily be interpreted as meaning there’s a one-to-one relationship between people and addresses.<br />
<br />
<br />
<references/><br />
<br />
== Why there’s no ‘from’ address ==<br />
<br />
=== By analogy ===<br />
<br />
Relying on things that ''seem'' like ‘from’ addresses would be like:<br />
* getting on a train/bus that just arrived from where you want to go, in the hope that all trains/buses always turn around and head back the way they came<br />
* trying to reply to mail you recieved in a re-used envelope — by peeling the sticker bearing your address off, and using the previous address you find underneath<br />
<br />
=== More technically ===<br />
<br />
At the protocol level, when looking at a transaction in isolation as it appears on the wire or in a block, no part of it directly encodes a “from”.<br />
A transaction provides solutions for some challenges and poses some new challenges, both in the form of [[Script|scripts]]<ref>Although in practice the network currently limits solution scripts to providing solutions directly; solution scripts can’t compute anything.</ref><br />
.<br />
Here’s one way to depict that for a transaction like [https://blockexplorer.com/rawtx/e9e2c646890be8aa2f32b221e1ac771467839a660dab1e269d1b6d8c11b25063 e9e2....5063]:<br />
<br />
[[Image:4ce9ef5f165d910881386f1d65fe1bf93b66ada3.png]]<br />
<br />
None of the <code>prev_outs</code> in the [https://blockexplorer.com/rawtx/e9e2c646890be8aa2f32b221e1ac771467839a660dab1e269d1b6d8c11b25063 decoded version] directly encode addresses in any form.<br />
It does encode ''indirect references'' to unspent coins, and maybe for some unspent coins you can infer something about ''their'' previous destination, but conceptually those are at best references to previous “to” addresses.<br />
Even that inference is not always sensible (advanced transactions will probably [https://blockexplorer.com/rawtx/e9e2c646890be8aa2f32b221e1ac771467839a660dab1e269d1b6d8c11b25063 defeat] [https://blockchain.info/tx/54fabd73f1d20c980a0686bf0035078e07f69c58437e4d586fb29aa0bee9814f?show_adv=true most] [https://www.biteasy.com/blockchain/transactions/54fabd73f1d20c980a0686bf0035078e07f69c58437e4d586fb29aa0bee9814f block] [http://blockr.io/tx/info/54fabd73f1d20c980a0686bf0035078e07f69c58437e4d586fb29aa0bee9814f explorers]) and is never necessary or appropriate in everyday use of Bitcoin. The rest of this post will use the term “''last-sent-to'' address”<ref>Because transactions are multiple-input, multiple-output, it’s really “all last-sent-to addresses”, since without assumptions you’ve no information about whether any one is more valid than any other.</ref>.<br />
<br />
<references/><br />
<br />
== Unreliable assumptions ==<br />
<br />
So when and how does sending to the last-sent-to address fail?<br />
Suppose you carefully reconcile your personal accounts at the end of each month and notice then that Monica overpaid.<br />
Now you need to return some of the money.<br />
If you send to the last-sent-to address, you’re relying on the assumptions that Monica:<br />
* uses a local wallet rather than a shared/web wallet<br />
* didn’t drop her phone in a puddle in the meantime<br />
* didn’t have her phone stolen in the meantime<br />
* used coins she received via a simple transaction to pay you<br />
* knows (or can definitely work out) who is sending that money to her and why<br />
* is comfortable with the security implications of address re-use<br />
* is comfortable with the privacy implications of address re-use<br />
<br />
If any of these assumptions turn out to be untrue you’ll lose coins, inconvenience Monica, or both.<br />
Since this is more than you’re likely to know with sufficient confidence about her without checking with her, it’s safer and easier simply to ask her for the correct address to send the overpayment to (hopefully a freshly generated, dedicated one) when you communicate.<br />
<br />
The following sections briefly look at why each listed assumption about the last-sent-to address is risky.<br />
<br />
* [[#Recipient created the private key|Recipient created the private key]]<br />
* [[#Recipient still has a copy of the private key|Recipient still has a copy of the private key]]<br />
* [[#Recipient has maintained exclusive control of the private key|Recipient has maintained exclusive control of the private key]]<br />
* [[#Recipient used coins they recieved through pay-to-pubkey-hash transactions|Recipient used coins they recieved through pay-to-pubkey-hash transactions]]<br />
* [[#Recipient can work out the origin reliably|Recipient can work out the origin reliably]]<br />
* [[#Recipient is comfortable with the security implications of address re-use|Recipient is comfortable with the security implications of address re-use]]<br />
* [[#Recipient is comfortable with the privacy implications of address re-use|Recipient is comfortable with the privacy implications of address re-use]]<br />
<br />
=== Recipient created the private key ===<br />
<br />
Many web wallets/exchanges<ref>Besides some sites that provide nothing but wallet services, this includes some centralised exchanges, peer-to-peer or escrow-based exchanges, betting sites, mining pools — any site that holds coins on your behalf and doesn’t give you exclusive access to your private key, or sufficient multisig control of your coins.</ref> (shared wallets) manage addresses and private keys for you, and pool all deposited coins.<br />
After you deposit coins to such a site they will almost always use coins you deposited to fulfill other customers’ withdrawals, maintaining your balance only as a centralised database entry.<br />
Similarly, when you go to withdraw coins to an external address, your withdrawal will probably consist entirely of coins last-sent-to some other customer’s deposit address and/or addresses used purely internally by the site to receive [[Change|change]].<br />
<br />
''FIXME: diagram of typical shared wallet coin-pooling, picturing your freshly deposited coins being used satisfy another customer’s withdrawal, then someone else’s coins being used to satisfy yours.''<br />
<br />
In that case, the address Monica’s coins were last-sent-to might just be the deposit address of a completely unrelated user of the same shared wallet Monica uses, or at best, a change address used purely internally by the shared wallet, not associated with any particular user.<br />
Either way, Monica would be unlikely ever to recover what you sent.<br />
<br />
This wouldn’t be a problem if the last-sent-to address<ref>Or, more correctly, if the private key from which that address was derived was created with a local wallet.</ref> was created with a local wallet such as Bitcoin QT, Electrum or Multibit — but you can’t safely assume that, and even if you know Monica used a local wallet recently she may have changed her habits when creating that address, or switched wallets since.<br />
<br />
This doesn’t mean shared wallets are misbehaving by pooling deposits;<br />
it’s necessary for keeping most coins in cold storage.<br />
The model has other benefits too;<br />
they can make more efficient use of block space (and reduce fees as a result) by grouping withdrawals <ref>Bitstamp does this.</ref> and by handling transfers between customers internally, and provided they protect/expire their logs, they increase privacy.<br />
<br />
<references/><br />
<br />
=== Recipient still has a copy of the private key ===<br />
<br />
Monica may have lost all copies of the last-sent-to address’s private key since paying you, so you may be destroying coins by sending them there.<br />
While this is unlikely if the interval is short, there are a multitude of ways to lose data:<br />
* accidental/naïve deletion; especially:<br />
** [http://www.reddit.com/r/Bitcoin/comments/26xw2s/lost_all_my_btc_depressed_pointless_rant/ switching devices without keeping old wallet data]<br />
** switching wallet software without keeping old wallet data<br />
** spending a paper wallet or “physical” bitcoin then discarding it<br />
* physically losing the media<br />
* data corruption<br />
* device failure<br />
* forgotten password or death of the owner<br />
* bad app uninstall procedures<br />
<br />
and most people are pretty poor at keeping suitably regular/redundant backups.<br />
Even if Monica is fantastic at keeping regular backups, perhaps the private key is physically distant or requires some tedious recovery procedure, so it might be very inconvenient.<br />
<br />
=== Recipient has maintained exclusive control of the private key ===<br />
<br />
Monica may have had her private keys extracted from her by an attacker:<br />
* fallen prey to malware<br />
* been socially engineered<br />
* been physically robbed/mugged<br />
* suffered from a bug in a common wallet<br />
<br />
or may have been negligent with it/underestimated attacks:<br />
* used a weak password<br />
* left her phone/laptop unattended and unlocked<br />
* used her wallet from a USB stick in an Internet café<br />
<br />
and have taken measures to recover, generating fresh keys/addresses.<br />
<br />
Another way Monica might not have exclusive control of the key is if she received the coins by someone handing her a paper wallet, as a present or tip.<br />
While a careful giver would be sure to wipe the private key from their wallet once they were sure it was spent, they may have forgotten, gone rogue or fallen victim to a wallet-stealing malware themselves.<br />
<br />
=== Recipient used coins they recieved through pay-to-pubkey-hash transactions ===<br />
<br />
If Monica received those coins she used to pay you at a multisignature address, she may now lack sufficient signing keys to release anything you send there, and it may be inconvenient or impossible for her to get signatures from the other keyholders.<br />
For instance, maybe she used [https://www.bitrated.com/ Bitrated] and had a dispute resolved in her favour but the arbitrator she chose since discarded or lost their key, went rogue or died.<br />
Multisignature addresses are just one use of pay-to-script-hash, so you can’t even infer that a pay-to-script-hash is a multisignature address;<br />
she may have used a more exotic variety.<br />
<br />
Even if she received those coins with pay-to-pubkey-hash transactions<ref>Or, I guess, pay-to-pubkey.</ref>, her transaction to you may have consumed multiple inputs.<br />
How are you going to distribute your repayment between those?<br />
Equally?<br />
Pick one at random?<br />
Existing use of [https://bitcointalk.org/index.php?topic=279249.0 CoinJoin] probably involves people participating in a join between external transactions, as a separate privacy enhancement step, but as more implementations appear perhaps clients will support direct payments via CoinJoins.<br />
That would be a similar situation to the shared wallets point above.<br />
<br />
<references/><br />
<br />
=== Recipient can work out the origin reliably ===<br />
<br />
This is more about respecting a payee’s preferred payment method and making life easy for them than about avoiding loss.<br />
To ease accounting (and other reasons) Monica might always create a dedicated address for every receive, and label it with the name of the expected sender and purpose of the transaction.<br />
If you send to an address Monica gave out to her employer, her accounts won’t balance.<br />
Assuming her employer and you both follow best practices regarding privacy/address re-use, she can’t tell anything about the mystery incoming funds with any certainty.<br />
<br />
In some business (and perhaps tax return) situations having an inexplicable imbalance on an account can be a serious compliance problem;<br />
while folks in that situation could delete all related keys to prevent that, you can’t be sure they have and even if they did, you’re destroying coins.<br />
<br />
=== Recipient is comfortable with the security implications of address re-use ===<br />
<br />
Established security best practices discourage address re-use because when Monica sends you the restaurant bill, she reveals the public key for the last-sent-to address;<br />
before that, the world knew only the address (a hash of the public key) and would have had to perform a pre-image attack to find the public key.<br />
While it’s pretty unlikely, ECDSA is relatively new and could be found to be weak;<br />
private keys may somehow be found to be easily derived from public ones, exposing any unspent coins where the public key is known.<br />
<br />
Re-using addresses also probably increased the [http://tradeblock.com/research/security-vulnerability-in-all-android-bitcoin-wallets/ losses suffered via the Android SecureRandom bug], since [http://www.nilsschneider.net/2013/01/28/recovering-bitcoin-private-keys.html exploiting it] required seeing two transactions with the same last-sent-to and the same r values.<br />
<br />
The discoverers of the OpenSSL ECDSA [http://arstechnica.com/security/2014/03/scientist-devised-crypto-attack-could-one-day-steal-secret-bitcoin-keys/ “FLUSH+RELOAD” attack] estimated that under the right conditions they could recover a private key by observing as few as 200 signatures (in Bitcoin’s case, typical transactions) made with it.<br />
<br />
Hopefully those are the last bugs we’ll see related to re-use, but we can’t be sure.<br />
<br />
Since it’s Monica’s money at stake here, the decision on whether these threats are significant should be up to her.<br />
<br />
=== Recipient is comfortable with the privacy implications of address re-use ===<br />
<br />
[https://bitcoin.org/en/protect-your-privacy Established privacy best practices] discourage address re-use because it reduces privacy both for you and, [http://www.bitcoinnotbombs.com/innovations-that-enhance-bitcoin-anonymity/ infectiously], for all other users (most directly, people you transact with, but also to a lesser extent the people they transact with, and so on).<br />
Even if you feel the simpler key management is worth the privacy cost to you and the rest of the network, it’s more polite to avoid inflicting that cost on Monica any more than you already are — again, you should let her make her own decision on this.<br />
<br />
== Solutions ==<br />
<br />
Perhaps we’re doomed, and Bitcoin will never see mass adoption because of traps like these that await the unwary.<br />
On the other hand, things can be done.<br />
<br />
If you’re telling someone about Bitcoin you should avoid mentioning the concept, except to explain how, in this respect, Bitcoin doesn’t operate like other payment systems or sender/receiver systems they might know.<br />
<br />
Tools like block explorers and wallets should either refrain from showing inferences altogether, or should show them only in an advanced mode — with the right name and a prominent list of reasons why they’re of academic interest only.<br />
Perhaps if folks make enough noise, they will.<br />
<br />
Uptake of the [https://github.com/bitcoin/bips/blob/master/bip-0070.mediawiki payment protocol] and other such measures that deliver refund addresses in the same communication as payment requests/payments should be encouraged.<br />
These hide such dirty temptations from the user.<br />
<br />
Privacy-protecting wallets should be preferred, since those avoid address re-use anyway.<br />
<br />
<hr/><br />
<br />
''2014-05-30: incorporate feedback from Andrew Poelstra and Burrito. 2014-05-31: incorporate feedback from Greg Maxwell, btiefert, dsnrk. 2014-06-01: incorporate feedback from Luke-Jr.''<br />
<br />
''Original source: [https://iwilcox.me.uk/2014/no-from-address https://iwilcox.me.uk/2014/no-from-address]''</div>SatoshiGameshttps://en.bitcoin.it/w/index.php?title=Satoshi_Dice&diff=56078Satoshi Dice2015-04-12T21:32:14Z<p>SatoshiGames: </p>
<hr />
<div>'''Satoshi Dice''' is a "blockchain-based betting game."<br />
<br />
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.<br />
<br />
Unlike traditional online gaming software, wagers with Satoshi Dice 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.<br />
As a result, the game spams the p2p network and blockchain with useless data.<br />
Satoshi Dice forces players to pay a transaction fee on each result so the spam will successfully flood both the p2p relay network and the blockchain.<br />
<br />
There has been the suggestion that the service might be also be used as a [[mixing service]], as the composition of a wallet can be materially changed after running wagers through Satoshi Dice<ref>[http://bitcointalk.org/index.php?topic=79079.0 Blockchain-based betting services function as mixing services?]</ref>.<br />
Though this approach could change the makeup of the wallet, it does not sufficiently serve the mixing purpose as the coins returned in winning bets are tied to the coins from the wager transaction. The new session based game ''may'' send back a balance from unrelated addresses that are not tainted to the deposit address. However taint can still be applied at a later stage if change from the untainted withdrawal is later used together with the original deposit transaction.<br />
<br />
There is no reason to believe that [[Satoshi Nakamoto]] has anything to do with this attack, other than the service choosing to include the noun Satoshi in the brand.<br />
<br />
Satoshi Dice.com was [https://bitcointalk.org/index.php?topic=77870.0 announced] on bitcointalk on April 24th, 2012, by its operator, Eric Voorhees. A user of this wiki [https://en.bitcoin.it/w/index.php?title=SatoshiDice&diff=prev&oldid=38056 claimed] that it is currently operated by and licensed under Costa Rica-based Blockchain Limitada. It is unclear whether Mr. Voorhees controls Blockchain Limitada. A [http://www.google.com/search?client=safari&rls=en&q=%22blockchain+limitada%22&ie=UTF-8&oe=UTF-8 google search for "Blockchain Limitada"] yields no hits.<br />
<br />
Satoshi Dice permanently blocked US players in May 2013 citing potential legal concern.<br />
<br />
==Random Number Generation==<br />
<br />
To determine if a wager is a winner or loser, the site uses a method to produce a number between 0 and 65,535, similar to how a random number generator (RNG) would be used. The service uses a combination of the transaction hash from the wager transaction from the blockchain and performs a 512-bit SHA2 hash for that transaction hash using a secret unknown to the player. The first four bytes of that hash become the lucky number in determining winner or loser.<br />
<br />
==Odds==<br />
<br />
Each wager address has different odds, and each gives the house an edge of 1.90% (i.e., payouts are 98.1% when including the payout to the losing bets). The website shows the full list of wager addresses and odds.<br />
<br />
==Automated Betting==<br />
<br />
Some gamblers have built automated betting bot scripts employing the Martingale betting system and variants thereof<ref>[http://bitcointalk.org/index.php?topic=80245.0 PHP martingale bot for Satoshi Dice]</ref>.<br />
<br />
==History==<br />
<br />
Satoshi Dice was the brand given the service initially created by [[BitcoinTalk]] forum user FireDuck before selling the system to another operator<ref>[http://www.reddit.com/r/Bitcoin/comments/segz0/anyone_want_to_run_my_bitcoin_casino Anyone want to run my bitcoin casino]</ref>. The service was announced on April 24, 2012<ref>[http://bitcointalk.org/index.php?topic=77870.0 SatoshiDICE.com - Verified rolls, up to 65,000x winning]</ref>.<br />
Within weeks, the site became responsible for more Bitcoin transactions than all other uses of Bitcoin combined<ref>[http://bitcointalk.org/index.php?topic=79285.0 All-time transaction record was just hit]</ref>.<br />
<br />
Since August 20, 2012 some Satoshi Dice shares are traded<ref>https://bitcointalk.org/index.php?topic=101902.0 IPO shares announcement</ref> on the Romanian exchange platform [[MPEx]] under S.DICE symbol and paying monthly dividends.<br />
<br />
'''1dice1e6pdhLzzWQq7yMidf6j8eAg7pkY''', is a version-0 Bitcoin [[address]]. By sending coins to this address, one participates in Satoshi Dice's "lessthan 1" gambling game, which offers a 0.0015% chance to win 64000&times; the original bet. As Satoshi Dice is fully automatic, transactions sent to this address will receive payment almost immediately after it is broadcast.<br />
<br />
As with all Satoshi Dice betting addresses, this address is a [[Vanitygen|vanity]] one, specially generated to have a "1dice" prefix. The address that holds the "1dice" firstbits, however, is 1DicEcEgURmiRqfunhFWgUjd4HZZLkzyWQ, an insignificant address likely unrelated to Satoshi Dice.<br />
<br />
Thus far, Satoshi Dice's appeal has caused this address to be among the most-used addresses.<br />
<br />
==See Also==<br />
<br />
* [[Mixing service]]<br />
* [[Bitcoin Ladder]]<br />
<br />
== Reviews ==<br />
<br />
[http://www.bitcoincasinopro.com/reviews/satoshi-dice/ Satoshi Dice Review] A+ Bitcoin Casino Pro Rating<br />
<br />
==External Links==<br />
<br />
* [https://www.SatoshiDice.com SatoshiDice.com] website<br />
<br />
==References==<br />
<references /><br />
<br />
[[Category:Gambling]]</div>SatoshiGameshttps://en.bitcoin.it/w/index.php?title=Erik_Voorhees&diff=56074Erik Voorhees2015-04-12T21:30:00Z<p>SatoshiGames: </p>
<hr />
<div>* Operated [[Satoshi Dice]].<br />
* Operates Paysius.<br />
* Previously employed by [[BitInstant]].<br />
<br />
[[Category:People]]</div>SatoshiGameshttps://en.bitcoin.it/w/index.php?title=Category:History&diff=56072Category:History2015-04-12T21:28:39Z<p>SatoshiGames: </p>
<hr />
<div>{{outdated}}<br />
Two fantastic compilations of Bitcoin history are available at the [http://historyofbitcoin.org HistoryOfBitcoin.org] and [http://igotbitcoin.com/milestones igotbitcoin.com/milestones] sites.<br />
<br />
== Important milestones of the Bitcoin project ==<br />
=== 2008 ===<br />
{| style="text-align: left"<br />
|-<br />
! width="8em" | August 18<br />
|| Domain name "bitcoin.org" registered<ref>[https://bitcointalk.org/index.php?topic=103369.msg1135218#msg1135218 According to theymos], Satoshi registered bitcoin.org via https://www.anonymousspeech.com/ which allows to anonymously register domains.</ref>.<br />
|-<br />
! October 31<br />
|| [http://article.gmane.org/gmane.comp.encryption.general/12588/ Bitcoin design paper] published<br />
|-<br />
! November 09<br />
|| Bitcoin project registered at SourceForge.net<br />
|}<br />
<br />
=== 2009 ===<br />
{| style="text-align: left"<br />
|-<br />
! width="8em" | January 3<br />
|| [http://www.BlockExplorer.com/b/0 Genesis block] established at 18:15:05 GMT<br />
|-<br />
! January 9<br />
|| Bitcoin v0.1 released and announced on the [http://www.mail-archive.com/cryptography@metzdowd.com/msg10152.html cryptography mailing list]<br />
|-<br />
! January 12<br />
|| First Bitcoin transaction, [http://www.BlockExplorer.com/b/170 in block 170] - from [[Satoshi]] to Hal Finney<ref>[http://bitcointalk.org/index.php?topic=91806.msg1012234#msg1012234 Earliest Block With A Spend]</ref>.<br />
|-<br />
! October 5<br />
|| Exchange rates [http://newlibertystandard.wikifoundry.com/page/2009+Exchange+Rate published] by New Liberty Standard. $1 = 1,309.03 BTC (and [[User:theymos|theymos]] thought NLS was overcharging<ref>[http://bitcointalk.org/index.php?topic=104287.msg1143955#msg1143955 Historical Price Data for 2009]</ref>)<br />
|-<br />
! October 9<br />
|| #bitcoin-dev channel registered on freenode IRC.<br />
|-<br />
! December 16<br />
|| Bitcoin v0.2 released<br />
|-<br />
! December 30<br />
|| First difficulty increase at 06:11:04 GMT<br />
|}<br />
<br />
=== 2010 ===<br />
{| style="text-align: left"<br />
|-<br />
! width="8em" | February 6<br />
|| [[Bitcoin Market]] established<br />
|-<br />
! May 22<br />
|| laszlo first to buy pizza with Bitcoins agreeing upon paying 10,000 BTC for ~$25 worth of pizza courtesy of jercos<ref>[https://bitcointalk.org/index.php?topic=137.msg1195#msg1195 bitcointalk post] where laszlo confirmed having bought pizza</ref><br />
|-<br />
! July 7<br />
|| Bitcoin v0.3 released<br />
|-<br />
! July 11<br />
|| Bitcoin v0.3 release mentioned on slashdot<ref>[http://news.slashdot.org/story/10/07/11/1747245/Bitcoin-Releases-Version-03 slashdot] metiones Bitcoin</ref>, bringing a large influx of new bitcoin users.<br />
|-<br />
! July 12<br />
|| Beginning of a 10x increase in exchange value over a 5 day period, from about $0.008/BTC to $0.08/BTC<br />
|-<br />
! July 17<br />
|| [[MtGox]] established<br />
|-<br />
! July 18<br />
|| ArtForz generated his first block after establishing his personal OpenCL GPU hash farm<br />
|-<br />
! August 15<br />
|| Bug in the bitcoin code allows a bad transaction into block 74638. Users quickly adopt fixed code and the "good" block chain overtook the bad one at a block height of 74691, 53 blocks later ([[Incidents#Value_overflow]]).<br />
|-<br />
! September 14<br />
|| jgarzik [https://bitcointalk.org/index.php?topic=133.msg12921#msg12921 offered] 10,000 BTC (valued at ~$600-650) to puddinpop to open source their windows-based CUDA client<br />
|-<br />
! September 14<br />
|| Block [http://blockexplorer.com/b/79764 79,764] is first to be mined using split allocation of the generation reward.<br />
|-<br />
! September 18<br />
|| puddinpop [https://bitcointalk.org/index.php?topic=133.msg13135#msg13135 released] source to their windows-based CUDA client under MIT license<br />
|-<br />
! September 29<br />
|| kermit [https://bitcointalk.org/index.php?topic=1306.0 discovered] a microtransactions exploit which precipitated the Bitcoin v0.3.13 release<br />
|-<br />
! October 01<br />
|| [https://bitcointalk.org/?topic=1334.0 First public OpenCL miner] released<br />
|-<br />
! October 04<br />
|| Original Bitcoin History wiki page (this page) established (ooh so meta) on Bitcoin.org's wiki.<br />
|-<br />
! October 07<br />
|| Exchange rate started climbing up from $0.06/BTC after several flat months.<br />
|-<br />
! October 16<br />
|| First recorded escrowed bitcoin trade conducted, between nanotube and Diablo-D3, escrowed by theymos.<br />
|-<br />
! October 17<br />
|| [[Bitcoin_OTC|#bitcoin-otc]] trading channel established on freenode IRC.<br />
|-<br />
! October 28<br />
|| First bitcoin short sale transaction initiated, with a loan of 100 BTC by nanotube to [[User:Kiba|kiba]], facilitated by the [[Bitcoin-otc|#bitcoin-otc]] market.<br />
|-<br />
! November 6<br />
|| The [https://bitcointalk.org/index.php?topic=1672 Bitcoin economy passed US $1 million]. The MtGox price touched USD $0.50/BTC.<br />
|-<br />
! December 7<br />
|| Bitcoind was compiled for the Nokia N900 mobile computer by doublec. The following day, ribuck sent him 0.42 BTC in the first portable-to-portable Bitcoin transaction.<br />
|-<br />
! December 9<br />
|| The generation difficulty passed 10,000.<br />
|-<br />
|<br />
|| First bitcoin call option contract sold, from nanotube to [[User:Sgornick|sgornick]], via the [[Bitcoin-otc|#bitcoin-otc]] market.<br />
|-<br />
! December 16<br />
|| [http://mining.bitcoin.cz/ Bitcoin Pooled Mining], operated by slush, found its first block<br />
|}<br />
<br />
=== 2011 ===<br />
{| style="text-align: left"<br />
|-<br />
! width="8em" | January 2<br />
|| [[Tonal Bitcoin]] units standardized.<br />
|-<br />
! January 8<br />
|| [[History of Bitcoin]] page (this page) created after replicating from original Bitcoin History page on Bitcoin.org.<br />
|-<br />
|<br />
|| Bitcoin Pooled Mining reached a total of 10,000 Mhash/s<br />
|-<br />
! January 27<br />
|| Largest numeric value ever traded for bitcoins thus far occurred on this date. Three currency bills from Zimbabwe, known as Zimdollars, were traded on [[Bitcoin-otc|#bitcoin-otc]] at the rate of 4 BTC for each of the one-hundred trillion dollar ($100,000,000,000,000) Zimbabwe notes<ref>Serial numbers for Zimdollars sold: AA1669317, AA1669318 and AA1669319</ref><br />
|-<br />
! January 28<br />
|| Block 105000 was generated. This means that 5.25 million bitcoins have been generated, which is just over one-quarter of the eventual total of nearly 21 million.<br />
|-<br />
! February 9<br />
|| Bitcoin reached parity with the US dollar, touching $1 per BTC at [[MtGox]].<br />
|-<br />
! February 10<br />
|| Bitcoin.org website struggles to handle [https://bitcointalk.org/index.php?topic=3444.0 traffic] resulting from mentions on Slashdot<ref>[http://news.slashdot.org/story/11/02/10/189246/Online-Only-Currency-BitCoin-Reaches-Dollar-Parity Online-Only Currency BitCoin Reaches Dollar Parity]</ref>, Hacker News and Twitter following the news that parity had been reached.<br />
|-<br />
! February 14<br />
|| A vehicle was, for the first time, offered in exchange for a certain number of bitcoins<ref>[https://bitcointalk.org/index.php?topic=3485.0 Car for Sale - Australia]</ref>.<br />
|-<br />
! March 1<br />
|| [[MagicalTux]] buys mtgox.com from its founder [[Jed McCaleb]]<br />
|-<br />
! March 6<br />
|| Total Bitcoin network computation speed for a short time reached a new high of almost 900Ghash/sec, dropping to 500Ghash/sec soon after. Some speculate that this was due to some supercomputer or bot-net that joined the network ([http://bitcoin.atspace.com/mysteryminer.html mystery miner]).<br />
|-<br />
! March 18<br />
|| BTC/USD exchange rate reaches a 6-week low point at almost $0.70/BTC, after what appeared to be a short burst of, possibly automated, BTC sales at progressively lower prices. BTC price had been declining since the February 9 high.<br />
|-<br />
! March 25<br />
|| Difficulty decreased nearly 10%. A decrease has only occurred once before, and this decrease of nearly 10% was the largest.<br />
|-<br />
! March 27<br />
|| The first market for exchanging bitcoins to and from the British Pound Sterling BTC/GBP, [[Britcoin]], opens.<br />
|-<br />
! March 31<br />
|| The first market for exchanging bitcoins to and from Brazilian Reals, [[Bitcoin Brazil]], opens.<br />
|-<br />
! April 5<br />
|| The first market for exchanging bitcoins to and from the Polish złoty, [[BitMarket.eu]], opens.<br />
|-<br />
! April 12<br />
|| First bitcoin put option contract sold via the [[Bitcoin-otc|#bitcoin-otc]] market.<br />
|-<br />
! April 16<br />
|| TIME does [http://techland.time.com/2011/04/16/online-cash-bitcoin-could-challenge-governments/ an article on Bitcoin].<br />
|-<br />
! April 23<br />
|| BTC/USD exchange rate reaches and passes parity with the Euro (EUR) on [[MtGox]] exchange.<br />
|-<br />
|<br />
|| BTC/USD exchange rate reaches and passes parity with the British Sterling Pound (GBP) on [[MtGox]] exchange.<br />
|-<br />
|<br />
|| Value of the Bitcoin money stock at current exchange rate passes $10 million USD threshold.<br />
|-<br />
! April 27<br />
|| [[VirWoX]] opens first market to trade bitcoins against a virtual currency on BTC/SL (Second Life Lindens) exchange.<br />
|-<br />
! April 30<br />
|| The generation difficulty passed 100,000.<br />
|-<br />
! June 2<br />
|| The exchange rate at [[MtGox]] touched 10 USD per BTC.<br />
|-<br />
! June 3<br />
|| [[Tonal Bitcoin]] reached parity with the US cent, touching 1¢ per TBC at [[Bitcoin Market]].<br />
|-<br />
! June 8<br />
|| The [[MtGox]] exchange rate peaked at 31.91 USD, at a "market capitalization" of about $206 M [http://bitcoin.stackexchange.com/questions/2047/market-capitalization-over-time].<br />
|-<br />
! June 12<br />
|| The [[MtGox]] exchange rate briefly dropped to near 10 USD four days after the peak, in its largest percentage price retreat to date.<br />
|-<br />
! June 13<br />
|| Forum user allinvain claimed to have had [http://forum.bitcoin.org/index.php?topic=16457.0 25,000 BTC stolen] from his Bitcoin wallet (approx. USD equivalent $375,000).<br />
|-<br />
! June 19<br />
|| The MtGox database was compromised and the user table was leaked, containing details of 60,000 usernames, email addresses and password hashes, some of which were overly simple to brute force passwords.<br />
|-<br />
! June 19<br />
|| Someone was able to access an admin account at MtGox and issue sell orders for hundreds of thousands of fake bitcoins, forcing the MtGox price down from $17.51 per bitcoin to $0.01. MtGox announced that these trades would be reversed. Trading was halted at MtGox for 7 days (and also briefly at TradeHill and Britcoin while their security was reviewed).<br />
|-<br />
! June 19<br />
|| Some of the users on the leaked MtGox database had used the same username at MyBitcoin and had their passwords hacked. About 600 of them had their balance [http://forum.bitcoin.org/index.php?topic=22221.msg279396#msg279396 stolen from their MyBitcoin accounts]. One user lost over 2000 BTC.<br />
|-<br />
! June 20<br />
|| The EFF announced that it was no longer accepting Bitcoin donations due to legal uncertainties.<br />
|-<br />
! June 24<br />
|| The generation difficulty passed 1,000,000 with Block [http://blockexplorer.com/b/133056 133056].<br />
|-<br />
! July 19<br />
|| "Let it go on record that at 4:05pm CET [19 July 2011], my manager Tadek was the first person in the world to receive [testnet] Bitcoins via NFC ;)" - Mike Hearn<br />
|-<br />
! July 22<br />
|| [[BitCoins Mobile]], the first Bitcoin application for iPad was released by [http://www.intervex.net Intervex Digital].<br />
|-<br />
! July 26<br />
|| [http://www.room77.de/ Room77] [https://bitcointalk.org/index.php?topic=32162.0 becomes] the first brick-and-mortar business (bar) to accept Bitcoin as a means of payment.<br />
|-<br />
! July 30<br />
|| [http://pastebin.com/raw.php?i=BUB3dygQ Tribute to Len Sassaman] included in the blockchain<ref>[http://bitcointalk.org/index.php?topic=33618.msg420597#msg420597 A Tribute to Len "rabbi" Sassama]</ref>. <br />
|-<br />
! August 20<br />
|| First Bitcoin Conference and World Expo held, in NYC.<ref>[http://bitcoinme.com/index.php/conference/ New York Conference 2011]</ref><br />
|-<br />
! August 23<br />
|| [[P2Pool]], the first P2P decentralized pool, mines its first Bitcoin mainnet block (Block [http://blockexplorer.com/b/142312 142,312]).<br />
|-<br />
! August 30<br />
|| Difficulty adjustment at block [http://blockexplorer.com/b/143136 143,136] marks the first back-to-back drop.<br />
|-<br />
! November 15<br />
|| First CVE (CVE-2011-4447) assigned to a Bitcoin client exploit.<br />
|-<br />
! November 25<br />
|| First European Bitcoin Conference in Prague, Czech Rep.<ref>[http://bitgroups.org/ Prague Conference 2011]</ref><br />
|-<br />
! December 12<br />
|| Largest amount of fees, to-date, in a single transaction, and most fees in a single block. A [http://blockexplorer.com/tx/1d7749c65c90c32f5e2c036217a2574f3f4403da39174626b246eefa620b58d9 transaction] paid 171 BTC in fees in [http://blockexplorer.com/b/157235 block 157235]<ref>[http://bitcointalk.org/index.php?topic=88423.msg973509#msg973509 Largest fee ever?]</ref>.<br />
|}<br />
<br />
=== 2012 ===<br />
{| style="text-align: left"<br />
|-<br />
! width="8em" | March 1<br />
|| Largest theft of bitcoins to-date occurred (near 50K BTC) after security breach at web host Linode.<br />
|-<br />
! width="8em" | April 1<br />
|| Pay-to-script-hash ([[P2SH]]) as defined through [[BIP 0016]] goes live.<br />
|-<br />
! May 08<br />
|| A single service, [[Satoshi Dice]] becomes responsible for over half the transaction volume on the Bitcoin blockchain.<br />
|-<br />
! June 3<br />
|| Largest block (most transactions), to-date (June 3), is [http://BlockExplorer.com/b/181919 block 181919] with 1322 transactions<ref>[http://bitcointalk.org/index.php?topic=85353.msg939859#msg939859 Largest block to date]</ref>.<br />
|-<br />
! July 22<br />
|| One millionth topic reply was posted on the unofficial [[Bitcoin Forum]] <ref>[https://bitcointalk.org/index.php?topic=94608.0 Topic about one millionth forum post]</ref>.<br />
|-<br />
! September 15-16<br />
|| Bitcoin Conference in London <ref>[http://bitcoin2012.com/ London Conference 2012]</ref>.<br />
|-<br />
! September 27<br />
|| Formation of the [[Bitcoin Foundation]].<br />
|-<br />
! November 28<br />
|| Halving day. [http://blockexplorer.com/b/210000 Block 210,000] is the first with a block reward subsidy of only 25 BTC.<br />
|-<br />
! December 6<br />
|| First Bitcoin exchange [https://bitcointalk.org/index.php?topic=129461.0 licensed "as a bank" in europe] (actually a PSP which is like a bank, without debt-money issuing).<br />
|}<br />
<br />
=== 2013 ===<br />
{| style="text-align: left"<br />
|-<br />
! width="8em" | February 19<br />
|| Bitcoin Client v0.8 released featuring improved download speed and [https://en.wikipedia.org/wiki/Bloom_filter Bloom Filtering]<br />
|-<br />
! February 28<br />
|| The [[MtGox]] exchange rate broke the June 8 2011 peak of 31.91 USD. The first all time high since 601 days<br />
|-<br />
! March 12<br />
|| A previously undiscovered protocol rule results in a [http://bitcoin.org/chainfork.html hard fork of the 0.8.0 reference client].<br />
|-<br />
! March 18<br />
|| The United States federal agency charged with enforcing laws against money laundering (FinCEN) declares that Bitcoin users are subject to regulation only at the point of USD-BTC exchange.<ref>[http://arstechnica.com/tech-policy/2013/03/us-regulator-bitcoin-exchanges-must-comply-with-money-laundering-laws/ US regulator: Bitcoin exchanges must comply with money-laundering laws]</ref><br />
|-<br />
! March 28<br />
|| Total Bitcoin market cap passes $1 billion. <ref>http://spectrum.ieee.org/computing/networks/bitcoin-hits-1billion</ref><br />
|-<br />
! April 1<br />
|| Bitcoin price breaks 100 USD on [[MtGox]] and other major exchanges.<br />
|-<br />
|}<br />
<br />
==See Also==<br />
<br />
* [[Bitcoin Firsts]]<br />
* [[Press]]<br />
* [https://bitcoinhelp.net/know/more/price-chart-history Bitcoin Price Chart with Historic Events]<br />
<br />
==References==<br />
<references /></div>SatoshiGameshttps://en.bitcoin.it/w/index.php?title=Satoshi_Dice&diff=56071Satoshi Dice2015-04-12T21:20:59Z<p>SatoshiGames: Added text about using Satoshi Dice as a mixing service.</p>
<hr />
<div>Satoshi Dice is a "blockchain-based betting game."<br />
<br />
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.<br />
<br />
Unlike traditional online gaming software, wagers with Satoshi Dice 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.<br />
As a result, the game spams the p2p network and blockchain with useless data.<br />
Satoshi Dice forces players to pay a transaction fee on each result so the spam will successfully flood both the p2p relay network and the blockchain.<br />
<br />
There has been the suggestion that the service might be also be used as a [[mixing service]], as the composition of a wallet can be materially changed after running wagers through Satoshi Dice<ref>[http://bitcointalk.org/index.php?topic=79079.0 Blockchain-based betting services function as mixing services?]</ref>.<br />
Though this approach could change the makeup of the wallet, it does not sufficiently serve the mixing purpose as the coins returned in winning bets are tied to the coins from the wager transaction. The new session based game ''may'' send back a balance from unrelated addresses that are not tainted to the deposit address. However taint can still be applied at a later stage if change from the untainted withdrawal is later used together with the original deposit transaction.<br />
<br />
There is no reason to believe that [[Satoshi Nakamoto]] has anything to do with this attack, other than the service choosing to include the noun Satoshi in the brand.<br />
<br />
Satoshi Dice.com was [https://bitcointalk.org/index.php?topic=77870.0 announced] on bitcointalk on April 24th, 2012, by its operator, Eric Voorhees. A user of this wiki [https://en.bitcoin.it/w/index.php?title=SatoshiDice&diff=prev&oldid=38056 claimed] that it is currently operated by and licensed under Costa Rica-based Blockchain Limitada. It is unclear whether Mr. Voorhees controls Blockchain Limitada. A [http://www.google.com/search?client=safari&rls=en&q=%22blockchain+limitada%22&ie=UTF-8&oe=UTF-8 google search for "Blockchain Limitada"] yields no hits.<br />
<br />
Satoshi Dice permanently blocked US players in May 2013 citing potential legal concern.<br />
<br />
==Random Number Generation==<br />
<br />
To determine if a wager is a winner or loser, the site uses a method to produce a number between 0 and 65,535, similar to how a random number generator (RNG) would be used. The service uses a combination of the transaction hash from the wager transaction from the blockchain and performs a 512-bit SHA2 hash for that transaction hash using a secret unknown to the player. The first four bytes of that hash become the lucky number in determining winner or loser.<br />
<br />
==Odds==<br />
<br />
Each wager address has different odds, and each gives the house an edge of 1.90% (i.e., payouts are 98.1% when including the payout to the losing bets). The website shows the full list of wager addresses and odds.<br />
<br />
==Automated Betting==<br />
<br />
Some gamblers have built automated betting bot scripts employing the Martingale betting system and variants thereof<ref>[http://bitcointalk.org/index.php?topic=80245.0 PHP martingale bot for Satoshi Dice]</ref>.<br />
<br />
==History==<br />
<br />
Satoshi Dice was the brand given the service initially created by [[BitcoinTalk]] forum user FireDuck before selling the system to another operator<ref>[http://www.reddit.com/r/Bitcoin/comments/segz0/anyone_want_to_run_my_bitcoin_casino Anyone want to run my bitcoin casino]</ref>. The service was announced on April 24, 2012<ref>[http://bitcointalk.org/index.php?topic=77870.0 SatoshiDICE.com - Verified rolls, up to 65,000x winning]</ref>.<br />
Within weeks, the site became responsible for more Bitcoin transactions than all other uses of Bitcoin combined<ref>[http://bitcointalk.org/index.php?topic=79285.0 All-time transaction record was just hit]</ref>.<br />
<br />
Since August 20, 2012 some Satoshi Dice shares are traded<ref>https://bitcointalk.org/index.php?topic=101902.0 IPO shares announcement</ref> on the Romanian exchange platform [[MPEx]] under S.DICE symbol and paying monthly dividends.<br />
<br />
'''1dice1e6pdhLzzWQq7yMidf6j8eAg7pkY''', is a version-0 Bitcoin [[address]]. By sending coins to this address, one participates in Satoshi Dice's "lessthan 1" gambling game, which offers a 0.0015% chance to win 64000&times; the original bet. As Satoshi Dice is fully automatic, transactions sent to this address will receive payment almost immediately after it is broadcast.<br />
<br />
As with all Satoshi Dice betting addresses, this address is a [[Vanitygen|vanity]] one, specially generated to have a "1dice" prefix. The address that holds the "1dice" firstbits, however, is 1DicEcEgURmiRqfunhFWgUjd4HZZLkzyWQ, an insignificant address likely unrelated to Satoshi Dice.<br />
<br />
Thus far, Satoshi Dice's appeal has caused this address to be among the most-used addresses.<br />
<br />
==See Also==<br />
<br />
* [[Mixing service]]<br />
* [[Bitcoin Ladder]]<br />
<br />
== Reviews ==<br />
<br />
[http://www.bitcoincasinopro.com/reviews/satoshi-dice/ Satoshi Dice Review] A+ Bitcoin Casino Pro Rating<br />
<br />
==External Links==<br />
<br />
* [https://www.SatoshiDice.com SatoshiDice.com] website<br />
<br />
==References==<br />
<references /><br />
<br />
[[Category:Gambling]]</div>SatoshiGameshttps://en.bitcoin.it/w/index.php?title=Satoshi_Dice&diff=56070Satoshi Dice2015-04-12T21:16:31Z<p>SatoshiGames: Changed "SatoshiDice" to "Satoshi Dice" as this is how they seem to brand themselves after the new version.</p>
<hr />
<div>Satoshi Dice is a "blockchain-based betting game."<br />
<br />
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.<br />
<br />
Unlike traditional online gaming software, wagers with Satoshi Dice 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.<br />
As a result, the game spams the p2p network and blockchain with useless data.<br />
Satoshi Dice forces players to pay a transaction fee on each result so the spam will successfully flood both the p2p relay network and the blockchain.<br />
<br />
There has been the suggestion that the service might be also be used as a [[mixing service]], as the composition of a wallet can be materially changed after running wagers through Satoshi Dice<ref>[http://bitcointalk.org/index.php?topic=79079.0 Blockchain-based betting services function as mixing services?]</ref>.<br />
Though this approach could change the makeup of the wallet, it does not sufficiently serve the mixing purpose as the coins returned in winning bets are tied to the coins from the wager transaction.<br />
<br />
There is no reason to believe that [[Satoshi Nakamoto]] has anything to do with this attack, other than the service choosing to include the noun Satoshi in the brand.<br />
<br />
Satoshi Dice.com was [https://bitcointalk.org/index.php?topic=77870.0 announced] on bitcointalk on April 24th, 2012, by its operator, Eric Voorhees. A user of this wiki [https://en.bitcoin.it/w/index.php?title=SatoshiDice&diff=prev&oldid=38056 claimed] that it is currently operated by and licensed under Costa Rica-based Blockchain Limitada. It is unclear whether Mr. Voorhees controls Blockchain Limitada. A [http://www.google.com/search?client=safari&rls=en&q=%22blockchain+limitada%22&ie=UTF-8&oe=UTF-8 google search for "Blockchain Limitada"] yields no hits.<br />
<br />
Satoshi Dice permanently blocked US players in May 2013 citing potential legal concern.<br />
<br />
==Random Number Generation==<br />
<br />
To determine if a wager is a winner or loser, the site uses a method to produce a number between 0 and 65,535, similar to how a random number generator (RNG) would be used. The service uses a combination of the transaction hash from the wager transaction from the blockchain and performs a 512-bit SHA2 hash for that transaction hash using a secret unknown to the player. The first four bytes of that hash become the lucky number in determining winner or loser.<br />
<br />
==Odds==<br />
<br />
Each wager address has different odds, and each gives the house an edge of 1.90% (i.e., payouts are 98.1% when including the payout to the losing bets). The website shows the full list of wager addresses and odds.<br />
<br />
==Automated Betting==<br />
<br />
Some gamblers have built automated betting bot scripts employing the Martingale betting system and variants thereof<ref>[http://bitcointalk.org/index.php?topic=80245.0 PHP martingale bot for Satoshi Dice]</ref>.<br />
<br />
==History==<br />
<br />
Satoshi Dice was the brand given the service initially created by [[BitcoinTalk]] forum user FireDuck before selling the system to another operator<ref>[http://www.reddit.com/r/Bitcoin/comments/segz0/anyone_want_to_run_my_bitcoin_casino Anyone want to run my bitcoin casino]</ref>. The service was announced on April 24, 2012<ref>[http://bitcointalk.org/index.php?topic=77870.0 SatoshiDICE.com - Verified rolls, up to 65,000x winning]</ref>.<br />
Within weeks, the site became responsible for more Bitcoin transactions than all other uses of Bitcoin combined<ref>[http://bitcointalk.org/index.php?topic=79285.0 All-time transaction record was just hit]</ref>.<br />
<br />
Since August 20, 2012 some Satoshi Dice shares are traded<ref>https://bitcointalk.org/index.php?topic=101902.0 IPO shares announcement</ref> on the Romanian exchange platform [[MPEx]] under S.DICE symbol and paying monthly dividends.<br />
<br />
'''1dice1e6pdhLzzWQq7yMidf6j8eAg7pkY''', is a version-0 Bitcoin [[address]]. By sending coins to this address, one participates in Satoshi Dice's "lessthan 1" gambling game, which offers a 0.0015% chance to win 64000&times; the original bet. As Satoshi Dice is fully automatic, transactions sent to this address will receive payment almost immediately after it is broadcast.<br />
<br />
As with all Satoshi Dice betting addresses, this address is a [[Vanitygen|vanity]] one, specially generated to have a "1dice" prefix. The address that holds the "1dice" firstbits, however, is 1DicEcEgURmiRqfunhFWgUjd4HZZLkzyWQ, an insignificant address likely unrelated to Satoshi Dice.<br />
<br />
Thus far, Satoshi Dice's appeal has caused this address to be among the most-used addresses.<br />
<br />
==See Also==<br />
<br />
* [[Mixing service]]<br />
* [[Bitcoin Ladder]]<br />
<br />
== Reviews ==<br />
<br />
[http://www.bitcoincasinopro.com/reviews/satoshi-dice/ Satoshi Dice Review] A+ Bitcoin Casino Pro Rating<br />
<br />
==External Links==<br />
<br />
* [https://www.SatoshiDice.com SatoshiDice.com] website<br />
<br />
==References==<br />
<references /><br />
<br />
[[Category:Gambling]]</div>SatoshiGameshttps://en.bitcoin.it/w/index.php?title=Talk:SatoshiDice&diff=56069Talk:SatoshiDice2015-04-12T21:14:31Z<p>SatoshiGames: SatoshiGames moved page Talk:SatoshiDice to Talk:Satoshi Dice: Branding is "Satoshi Dice" and not "SatoshiDice"</p>
<hr />
<div>#REDIRECT [[Talk:Satoshi Dice]]</div>SatoshiGameshttps://en.bitcoin.it/w/index.php?title=Talk:Satoshi_Dice&diff=56068Talk:Satoshi Dice2015-04-12T21:14:31Z<p>SatoshiGames: SatoshiGames moved page Talk:SatoshiDice to Talk:Satoshi Dice: Branding is "Satoshi Dice" and not "SatoshiDice"</p>
<hr />
<div>==== DDoS claims ====<br />
[[User:Luke-Jr]] added an edit to this article calling it a DDoS attack [https://en.bitcoin.it/w/index.php?title=SatoshiDice&oldid=32544 in this revision]. Since I found the edit opinionated and it had no citations to back the accusation, I edited it to a more neutral form [https://en.bitcoin.it/w/index.php?title=SatoshiDice&oldid=33157 in this revision]. He later reverted my edit [https://en.bitcoin.it/w/index.php?title=SatoshiDice&oldid=33337 in this revision] without revising the article. Since I have no intention of waging an edit war, I would like to hear Luke-Jr's opinion on the issue before making any further edits. Bitcoin doesn't need any more drama at this point. --[[User:Matoking|Matoking]] ([[User talk:Matoking|talk]]) 20:18, 5 December 2012 (GMT)<br />
<br />
As to why I *don't* think SatoshiDice is a DDoS attack:<br />
<br />
* SatoshiDice doesn't break any rules upheld by Bitcoin network since it pays transaction fees as seen in transactions such as [http://blockchain.info/tx/e774dbfad35e1bf5d9571f8d808b9a934130cc93c0ba2c6d70041c0fbb7f8fee this] and [http://blockchain.info/tx/d37cf4c63d6f4e1fc7fbce5f1f52447d514dc364bb13959aa6171be3635ae32f that one]. More over, the transaction fees meet or exceed the minimum amount as described [[Transaction_fees|in this article]]. How can you claim SatoshiDice to be a DDoS attack when almost all of the miners deliberately include the transactions in their respective mined blocks since they don't "break" any rules?<br />
* How SatoshiDice handles its bets and transactions is explained [http://satoshidice.com/bits.php here] and the purported "transaction spam" is only a consequence of how the system works and how popular it has become, where the fault is more of poor design than malicious intent. The gamblers have knowledge of how the system works and just because it has become very active in terms of transaction throughput doesn't mean it has suddenly become a "DDoS attack" against the network. The same thing could be claimed about mixing services, which try to hide the transaction inputs' origins by shuffling them through multiple transactions, but since their effect on the size of blockchain is minimal at best, nobody seriously considers that they are malicious attacks.<br />
* The reason why SatoshiDice works at the moment is because a lot of people legitimately use it for gambling and a lot of miners agree to include the created transactions in their blocks, since the inclusion of transaction fees make it viable. If most of people are okay with the service's existence, then why is it a DDoS attack? --[[User:Matoking|Matoking]] ([[User talk:Matoking|talk]]) 09:59, 6 December 2012 (GMT)<br />
<br />
<br />
::* SatoshiDice ''does'' break Bitcoin network rules: particularly the rule against flooding with spam transactions. By design, Bitcoin intended to counter such spam by requiring minimal transaction fees for spammy-looking transactions, so that eventually such a spammer would run out of funds. SatoshiDice, however, uses novel social engineering to exploit gamblers and force them to cover the cost of bypassing Bitcoin's anti-spam rules (SatoshiDice itself does not pay the transaction fees, they are always paid out of the gambler's pocket).<br />
::* SatoshiDice is abusing the good will of the miners by flooding 2 transactions for every action a user/gambler makes. This would be the equivalent of 2 transactions for every item you take off the shelf at Walmart (or any other store). Not even big networks like VISA could probably handle this kind of abuse, so it is absurd to suggest Bitcoin in its early stage should or could. While the total transaction volume might be within reason for what Bitcoin must handle some day, when that volume is a ''reasonable'' amount of transactions, there will also be far more users/peers, developers, etc, and Bitcoin will scale better than it does today.<br />
::* As implemented today, Bitcoin clients do an extremely ''poor'' job of passing around transactions and (especially) blocks. SatoshiDice's transaction spam has on multiple occasions been the direct cause of many miners ''losing'' their hard-earned Bitcoin blocks. This can be improved with development time and scaling, but it isn't a trivial overnight rewrite and involves a lot of complicated code to get it right.<br />
::* Despite knowing how it violates Bitcoin rules and disrupts the network, SatoshiDice continues to intentionally abuse the network. --[[User:Luke-jr|Luke-jr]] ([[User talk:Luke-jr|talk]]) 12:27, 6 December 2012 (GMT)<br />
<br />
<br />
:::* As I said, SatoshiDice does not hide the facts behind the system, such as how the transaction fees are paid and it is stated [http://satoshidice.com/bits.php on this page] that the site will subtract bitcoins from the bet if it's necessary to pay the transaction fee. This is the case with a lot of other Bitcoin services too. I hardly think that is social engineering.<br />
:::* Again, the "2 transactions" system is a design feature using which the gambler can know whether the bet was processed or not. The workings behind that is public information as stated on this [http://satoshidice.com/bits.php aforementioned page], so you can't claim that the users "don't know about it."<br />
:::* That's a problem with the Bitcoin client, not the service. It has been known for a long time that there is a lot of optimization that can be done with the Bitcoin client, something which had been largely ignored until the network started growing in terms of transaction throughput and blockchain in terms of file size. While it would be good if the Bitcoin network and the community could scale at the same pace, it isn't possible and instead of stomping out services just because they aren't ready for the prime-time yet, developers should focus on improving the current Bitcoin client.<br />
:::* How is it violating the network? As far as I know, there are no "official" guidelines or rules set in place which define how many transactions a certain service can use during a certain time period, besides the rules that have been defined in the current Bitcoin-Qt client. --[[User:Matoking|Matoking]] ([[User talk:Matoking|talk]]) 14:02, 6 December 2012 (GMT)<br />
<br />
::::* Oh, great, so I stumbled into the next Luke-jr edit war. Too bad. I promise I first removed stupidity and then read on the Talk page that I was in the wrong place again. Yeah, I hereby take side of SD not being a DDoS attack as the network should either not accept these transactions or it should deal with them. A P2P payment processor can't knowingly take transaction fees from a business and at the same time call it a DDoS attack. --[[User:Giszmo|Giszmo]] ([[User talk:Giszmo|talk]]) 20:52, 8 January 2013 (GMT)<br />
<br />
Defining this as abuse or not isn't really relevant. Bitcoin must be able to deal with activity the community does not feel is productive for they network. The bloating of the blockchain is a problem, and SD is bloating the blockchain. I don't see this as a transaction fee problem, but a blocksize problem. We should have a smaller max blocksize so that there is true competition for space in the blockchain. It can scale up over time, but if it doesn't max out on a daily basis, than the max blocksize is not relevant, and what you have is an unlimited product which will sell by market forces at a near zero value.<br />
: Bitcoin deals with flooding attacks by blocking them. Improving awareness via shaming also helps. Raising transaction fees does ''not'' help since SD doesn't pay any. The gamblers they fool into covering their expenses are psychologically going to be willing to pay higher fees than actual legitimate users of Bitcoin. --[[User:Luke-jr|Luke-jr]] ([[User talk:Luke-jr|talk]]) 10:58, 5 March 2013 (GMT)</div>SatoshiGameshttps://en.bitcoin.it/w/index.php?title=SatoshiDice&diff=56067SatoshiDice2015-04-12T21:14:31Z<p>SatoshiGames: SatoshiGames moved page SatoshiDice to Satoshi Dice: Branding is "Satoshi Dice" and not "SatoshiDice"</p>
<hr />
<div>#REDIRECT [[Satoshi Dice]]</div>SatoshiGameshttps://en.bitcoin.it/w/index.php?title=Satoshi_Dice&diff=56066Satoshi Dice2015-04-12T21:14:31Z<p>SatoshiGames: SatoshiGames moved page SatoshiDice to Satoshi Dice: Branding is "Satoshi Dice" and not "SatoshiDice"</p>
<hr />
<div>SatoshiDice is a "blockchain-based betting game."<br />
<br />
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.<br />
<br />
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.<br />
As a result, the game spams the p2p network and blockchain with useless data.<br />
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.<br />
<br />
There has been the suggestion that the service might be also be used as a [[mixing service]], as the composition of a wallet can be materially changed after running wagers through SatoshiDice<ref>[http://bitcointalk.org/index.php?topic=79079.0 Blockchain-based betting services function as mixing services?]</ref>.<br />
Though this approach could change the makeup of the wallet, it does not sufficiently serve the mixing purpose as the coins returned in winning bets are tied to the coins from the wager transaction.<br />
<br />
There is no reason to believe that [[Satoshi Nakamoto]] has anything to do with this attack, other than the service choosing to include the noun Satoshi in the brand.<br />
<br />
SatoshiDice.com was [https://bitcointalk.org/index.php?topic=77870.0 announced] on bitcointalk on April 24th, 2012, by its operator, Eric Voorhees. A user of this wiki [https://en.bitcoin.it/w/index.php?title=SatoshiDice&diff=prev&oldid=38056 claimed] that it is currently operated by and licensed under Costa Rica-based Blockchain Limitada. It is unclear whether Mr. Voorhees controls Blockchain Limitada. A [http://www.google.com/search?client=safari&rls=en&q=%22blockchain+limitada%22&ie=UTF-8&oe=UTF-8 google search for "Blockchain Limitada"] yields no hits.<br />
<br />
SatoshiDice permanently blocked US players in May 2013 citing potential legal concern.<br />
<br />
==Random Number Generation==<br />
<br />
To determine if a wager is a winner or loser, the site uses a method to produce a number between 0 and 65,535, similar to how a random number generator (RNG) would be used. The service uses a combination of the transaction hash from the wager transaction from the blockchain and performs a 512-bit SHA2 hash for that transaction hash using a secret unknown to the player. The first four bytes of that hash become the lucky number in determining winner or loser.<br />
<br />
==Odds==<br />
<br />
Each wager address has different odds, and each gives the house an edge of 1.90% (i.e., payouts are 98.1% when including the payout to the losing bets). The website shows the full list of wager addresses and odds.<br />
<br />
==Automated Betting==<br />
<br />
Some gamblers have built automated betting bot scripts employing the Martingale betting system and variants thereof<ref>[http://bitcointalk.org/index.php?topic=80245.0 PHP martingale bot for satoshiDICE]</ref>.<br />
<br />
==History==<br />
<br />
SatoshiDice was the brand given the service initially created by [[BitcoinTalk]] forum user FireDuck before selling the system to another operator<ref>[http://www.reddit.com/r/Bitcoin/comments/segz0/anyone_want_to_run_my_bitcoin_casino Anyone want to run my bitcoin casino]</ref>. The service was announced on April 24, 2012<ref>[http://bitcointalk.org/index.php?topic=77870.0 SatoshiDICE.com - Verified rolls, up to 65,000x winning]</ref>.<br />
Within weeks, the site became responsible for more Bitcoin transactions than all other uses of Bitcoin combined<ref>[http://bitcointalk.org/index.php?topic=79285.0 All-time transaction record was just hit]</ref>.<br />
<br />
Since August 20, 2012 some SatoshiDice shares are traded<ref>https://bitcointalk.org/index.php?topic=101902.0 IPO shares announcement</ref> on the Romanian exchange platform [[MPEx]] under S.DICE symbol and paying monthly dividends.<br />
<br />
'''1dice1e6pdhLzzWQq7yMidf6j8eAg7pkY''', is a version-0 Bitcoin [[address]]. By sending coins to this address, one participates in SatoshiDice's "lessthan 1" gambling game, which offers a 0.0015% chance to win 64000&times; the original bet. As SatoshiDice is fully automatic, transactions sent to this address will receive payment almost immediately after it is broadcast.<br />
<br />
As with all SatoshiDice betting addresses, this address is a [[Vanitygen|vanity]] one, specially generated to have a "1dice" prefix. The address that holds the "1dice" firstbits, however, is 1DicEcEgURmiRqfunhFWgUjd4HZZLkzyWQ, an insignificant address likely unrelated to SatoshiDice.<br />
<br />
Thus far, SatoshiDice's appeal has caused this address to be among the most-used addresses.<br />
<br />
==See Also==<br />
<br />
* [[Mixing service]]<br />
* [[Bitcoin Ladder]]<br />
<br />
== Reviews ==<br />
<br />
[http://www.bitcoincasinopro.com/reviews/satoshi-dice/ SatoshiDice Review] A+ Bitcoin Casino Pro Rating<br />
<br />
==External Links==<br />
<br />
* [https://www.SatoshiDice.com SatoshiDice.com] website<br />
<br />
==References==<br />
<references /><br />
<br />
[[Category:Gambling]]</div>SatoshiGameshttps://en.bitcoin.it/w/index.php?title=Satoshi_Dice&diff=56063Satoshi Dice2015-04-12T20:25:29Z<p>SatoshiGames: Edited link to go to https instead of http</p>
<hr />
<div>SatoshiDice is a "blockchain-based betting game."<br />
<br />
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.<br />
<br />
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.<br />
As a result, the game spams the p2p network and blockchain with useless data.<br />
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.<br />
<br />
There has been the suggestion that the service might be also be used as a [[mixing service]], as the composition of a wallet can be materially changed after running wagers through SatoshiDice<ref>[http://bitcointalk.org/index.php?topic=79079.0 Blockchain-based betting services function as mixing services?]</ref>.<br />
Though this approach could change the makeup of the wallet, it does not sufficiently serve the mixing purpose as the coins returned in winning bets are tied to the coins from the wager transaction.<br />
<br />
There is no reason to believe that [[Satoshi Nakamoto]] has anything to do with this attack, other than the service choosing to include the noun Satoshi in the brand.<br />
<br />
SatoshiDice.com was [https://bitcointalk.org/index.php?topic=77870.0 announced] on bitcointalk on April 24th, 2012, by its operator, Eric Voorhees. A user of this wiki [https://en.bitcoin.it/w/index.php?title=SatoshiDice&diff=prev&oldid=38056 claimed] that it is currently operated by and licensed under Costa Rica-based Blockchain Limitada. It is unclear whether Mr. Voorhees controls Blockchain Limitada. A [http://www.google.com/search?client=safari&rls=en&q=%22blockchain+limitada%22&ie=UTF-8&oe=UTF-8 google search for "Blockchain Limitada"] yields no hits.<br />
<br />
SatoshiDice permanently blocked US players in May 2013 citing potential legal concern.<br />
<br />
==Random Number Generation==<br />
<br />
To determine if a wager is a winner or loser, the site uses a method to produce a number between 0 and 65,535, similar to how a random number generator (RNG) would be used. The service uses a combination of the transaction hash from the wager transaction from the blockchain and performs a 512-bit SHA2 hash for that transaction hash using a secret unknown to the player. The first four bytes of that hash become the lucky number in determining winner or loser.<br />
<br />
==Odds==<br />
<br />
Each wager address has different odds, and each gives the house an edge of 1.90% (i.e., payouts are 98.1% when including the payout to the losing bets). The website shows the full list of wager addresses and odds.<br />
<br />
==Automated Betting==<br />
<br />
Some gamblers have built automated betting bot scripts employing the Martingale betting system and variants thereof<ref>[http://bitcointalk.org/index.php?topic=80245.0 PHP martingale bot for satoshiDICE]</ref>.<br />
<br />
==History==<br />
<br />
SatoshiDice was the brand given the service initially created by [[BitcoinTalk]] forum user FireDuck before selling the system to another operator<ref>[http://www.reddit.com/r/Bitcoin/comments/segz0/anyone_want_to_run_my_bitcoin_casino Anyone want to run my bitcoin casino]</ref>. The service was announced on April 24, 2012<ref>[http://bitcointalk.org/index.php?topic=77870.0 SatoshiDICE.com - Verified rolls, up to 65,000x winning]</ref>.<br />
Within weeks, the site became responsible for more Bitcoin transactions than all other uses of Bitcoin combined<ref>[http://bitcointalk.org/index.php?topic=79285.0 All-time transaction record was just hit]</ref>.<br />
<br />
Since August 20, 2012 some SatoshiDice shares are traded<ref>https://bitcointalk.org/index.php?topic=101902.0 IPO shares announcement</ref> on the Romanian exchange platform [[MPEx]] under S.DICE symbol and paying monthly dividends.<br />
<br />
'''1dice1e6pdhLzzWQq7yMidf6j8eAg7pkY''', is a version-0 Bitcoin [[address]]. By sending coins to this address, one participates in SatoshiDice's "lessthan 1" gambling game, which offers a 0.0015% chance to win 64000&times; the original bet. As SatoshiDice is fully automatic, transactions sent to this address will receive payment almost immediately after it is broadcast.<br />
<br />
As with all SatoshiDice betting addresses, this address is a [[Vanitygen|vanity]] one, specially generated to have a "1dice" prefix. The address that holds the "1dice" firstbits, however, is 1DicEcEgURmiRqfunhFWgUjd4HZZLkzyWQ, an insignificant address likely unrelated to SatoshiDice.<br />
<br />
Thus far, SatoshiDice's appeal has caused this address to be among the most-used addresses.<br />
<br />
==See Also==<br />
<br />
* [[Mixing service]]<br />
* [[Bitcoin Ladder]]<br />
<br />
== Reviews ==<br />
<br />
[http://www.bitcoincasinopro.com/reviews/satoshi-dice/ SatoshiDice Review] A+ Bitcoin Casino Pro Rating<br />
<br />
==External Links==<br />
<br />
* [https://www.SatoshiDice.com SatoshiDice.com] website<br />
<br />
==References==<br />
<references /><br />
<br />
[[Category:Gambling]]</div>SatoshiGames