Bitpoker (CHIP) ICO Rating, Reviews and Details

Sep 5, 2017

Oct 5, 2017

100% completed

Raised funds - no Data

500.00 BTC

past

Token Details

Ticker

CHIP

Additional Details

About Bitpoker

The main purpose behind the launch of BitPoker is to introduce a true peer-to-peer platform and protocol, that allows users to play poker uncensored over the internet. The project aims to be the OpenBazaar of online poker industry, by stressing on replacing the centralized gaming models with a more transparent, secure and decentralized structure. At BitPoker, no central actor can rig the game and change the outcomes of the bets. It is achieved by utilizing Mental Poker, a non-shuffling poker protocol which allows players to generate encrypted random numbers on the fly. We understand the grave importance of pseudorandom generation of outcomes in a betting system, and we are hell-bent on delivering it to our players.

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Features

- Using Whisper or ZeroMQ, users will be able to send/receive messages quickly across the network, ensuring a faster gameplay.
- Deposits and withdrawals will be handled on the Bitcoin network, which is much faster than any other traditional payment method.
- Players will not be asked to make a deposit to play; they are opening payment channels, which means funds are always in their control, and never held on a centralized server or wallet..
- Using mental poker algorithms, users are encouraged to inspect the shuffling algorithms, software, and messages over the wire.
- The first clients will communicate by the encrypted whisper protocol. Should there be demand, I TOR client will also be developed.
- CHIP Token will be used as game chips or for mining rake on Bitcoin tables.