Phil Ivey latest rep for new online poker venture - Poker News

interesting. i think there is already a virtue poker thread. Ivey joins rast and coleman.

bolded part is pretty misleading btw and not technically accurate.

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11-16-2017 , 02:12 PM

ProffesionalMalaka

adept

Join Date: Aug 2015 Posts: 749

So, poker is no longer bad and predatory for Colman if it’s crypto monies at stake instead of FIAT? Somebody should tell him that vast majority of players on his site will be losers.

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11-16-2017 , 05:55 PM

2pairsof2s

old hand

Join Date: Jul 2012 Posts: 1,613

"Virtue" Poker has hired convicted cheater and former Full Tilt owner Phil Ivey to shill for them.

I was going to write something pithy about irony here but I couldn't be bothered to make the effort.

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11-16-2017 , 06:11 PM

Nooseknot

banned

Join Date: Oct 2017 Posts: 1,051

Quote:

Originally Posted by ProffesionalMalaka

So, poker is no longer bad and predatory for Colman if it’s crypto monies at stake instead of FIAT? Somebody should tell him that vast majority of players on his site will be losers.

This is a good point that I missed. Not doubt he'll say this is good for the players, while the site doesn't actually serve the players.

Quote:

Originally Posted by 2pairsof2s

The devs have the same rep in the crypto world as I understand

I'm trying to get my questions answered but for all I can tell their system of validation is not at all proven and is likely gameable.

These projects just set up websites, look for big names to support them, create a user interface and a demo, and then make promises for the rest of it. It's perfectly not a security solution for the problems that exist. They just outsource and obfuscate, advertise, and sell tokens.

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11-16-2017 , 07:35 PM

ClickItBak

centurion

Join Date: Sep 2014 Posts: 118

Ivey is the perfect choice to hire a consultant with star power that won't be able to detect when the company he's a part of starts trying to cheat it's customers (or just steal from them).

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11-16-2017 , 11:46 PM

GodBless

temp-banned

Join Date: Nov 2017 Posts: 19

Colman the flip-flopper or loses his integrity when he needs money?

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11-17-2017 , 12:13 AM

Bobo Fett

Carpe Diem

Join Date: May 2006 Posts: 56,895

Quote:

Originally Posted by PTLou

interesting. i think there is already a virtue poker thread.

https://forumserver.twoplustwo.com/2...ereum-1688689/

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11-17-2017 , 12:32 AM

Nooseknot

banned

Join Date: Oct 2017 Posts: 1,051

Quote:

Originally Posted by doublejoker

Players control random generator.

Quote:

Originally Posted by PTLou

bolded part is pretty misleading btw and not technically accurate.

It is what they claim as I understand:

Quote:

Originally Posted by 3.5 Mental Poker

3.5.3 Two Rounds of Encryption: Shuffling the Deck and Indexing the Deck “Multi-party shuffling” only requires that one of the peers perform a "proper" random shuffle in order to ensure that the entire deck is randomly ordered. If a player trusts that his own machine shuffled the deck properly then he can have confidence that the game is fair.

Also relevant:

Quote:

Originally Posted by 3.6.2 Off-Chain Gameplay

A programmable blockchain technology like Ethereum makes it possible to have available a definitive and immutable data store for things that might otherwise be handled by a single server, like managing the players at a particular table. The ability for client software to interact with "contracts" on the blockchain also allows for trustless, distributed management of player funds and table stakes, and provides and immutable record of these interactions. But the blockchain cannot simply be used as a replacement for a server for all aspects of the game partly because data and instructions sent by a client take at best a few seconds to propagate across the chain, making it impractical to use it to manage game events at a finer granularity than at the hand level.

Storage and its relation to a blockchain:

Quote:

Originally Posted by 3.7 IPFS: Game-log Storage of Hand Histories

In order to provide a permanent record of the actual play of each hand, the signed game event messages themselves need to be stored, as well as the state information tracked by the blockchain when it processes the end of a hand. This turns up a second weakness in current blockchain technology: using the chain to store significant amounts of data can be expensive, so simply sending all of this log data to the blockchain is not practical. Fortunately, there exist technologies (IPFS, Swarm) that are designed to provide reliable, distributed data storage. At the end of a hand, before reporting to the blockchain, the client software sends the hand's log data to IPFS, which provides it with a single "hash" value that can be used to locate it at a later time. That hash is included with the state data sent to the blockchain contract, and since each hand's log data includes the hash of the previous hand's log, it is possible to request from the blockchain the most recent hash, and use it to chain back through the entire logged history of the game. A distributed storage platform removes singular points of failure present in various forms of centralized storage systems.

Last edited by Nooseknot; 11-17-2017 at 12:40 AM.

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11-17-2017 , 05:46 AM

#10

ty4thDime$

grinder

Join Date: Oct 2009 Posts: 556

I might just not have a clue what I'm talking about here (entirely likely)

But seems to me that as brilliant a professional gambler as Ivey is, his adventures into the business world (poker related) have largely been unsuccessful no? Perhaps he had a bigger role in the initial success of FTP then im giving him credit for but given how it ended its tough to include that as a positive

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11-17-2017 , 05:47 AM

#11

bipolarbearclaw

journeyman

Join Date: Jun 2012 Posts: 340

As someone who has always trusted RNG in the past, i fail to see the benefit here. I guess it's cool to know Ivey is alive.

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11-17-2017 , 01:33 PM

#12

robert_utk

Not From the UK

Join Date: Jan 2005 Posts: 4,822

Because Phil Ivey would never ever crack a crypto system or endorse a system that could ever be cracked.

I guess if you manufacture hen houses, getting a fox as a spokesperson makes sense...

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11-17-2017 , 02:48 PM

#13

Longinus

journeyman

Join Date: Dec 2008 Posts: 249

Does this seem suspect or is it just me?

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11-17-2017 , 03:38 PM

#14

Morphismus

BBV Poker Player of 2022

Join Date: Feb 2008 Posts: 24,277

Can I control the random generator such that I always get the nuts?

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11-18-2017 , 03:33 AM

#15

samdash

adept

Join Date: Feb 2003 Posts: 1,196

Site is pretty much guaranteed to have 10X as many cheating accusations as another site.

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11-18-2017 , 12:20 PM

#16

Wild Card

journeyman

Join Date: Apr 2015 Posts: 375

I wanna play Virtue Baccarat, Phil Ivey Edition (tm)

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11-18-2017 , 12:33 PM

#17

athletec

centurion

Join Date: Jul 2008 Posts: 173

Does Ivey really talk like this: "I believe their new peer-to-peer solution built using blockchain technology can add significant value to the online poker experience."

Quote

11-18-2017 , 12:53 PM

#18

Nooseknot

banned

Join Date: Oct 2017 Posts: 1,051

Quote:

Originally Posted by athletec

Does Ivey really talk like this: "I believe their new peer-to-peer solution built using blockchain technology can add significant value to the online poker experience."

we all do.

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11-18-2017 , 03:14 PM

#19

tc0ates

journeyman

Join Date: Jun 2015 Posts: 375

Quote:

Originally Posted by Nooseknot

we all do.

Really trying to up that postcount fast huh

Quote

11-18-2017 , 03:24 PM

#20

Tuma

Worships Amon-Ra

Join Date: Aug 2012 Posts: 16,400

You all realize Ivey is like, a really smart cat, right? Why wouldn't he be sought out to help run literally any gambling operation?

Quote

11-18-2017 , 03:28 PM

#21

PTLou

JellyBean

Join Date: Nov 2008 Posts: 5,516

Quote:

Originally Posted by Tuma

You all realize Ivey is like, a really smart cat, right? Why wouldn't he be sought out to help run literally any gambling operation?

please tell me that is 100% sarcasm?

please

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11-18-2017 , 07:07 PM

#22

ChicagoRy

Carpal \'Tunnel

Join Date: Jan 2007 Posts: 20,589

Quote:

Originally Posted by ty4thDime$

It always sounded like he made a killing on FTP. What else has he been involved in high profile/commitment wise?

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11-18-2017 , 07:49 PM

#23

fuluck

banned

Join Date: Jun 2009 Posts: 3,532

Ivey is a good ambassador to have, I guess, but I don't think anyone expects him to be involved in the day to day operations.

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11-18-2017 , 07:50 PM

#24

fuluck

banned

Join Date: Jun 2009 Posts: 3,532

And Jesus DoubleJ why you no search first?

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11-19-2017 , 02:39 PM

#25

xoxoxo

banned

Join Date: Jun 2017 Posts: 411

This is Awesome news for those of us that are Ivey fans!! Looking forward to seeing him back on the virtual felt.

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