Two Plus Two Publishing LLC Two Plus Two Publishing LLC
 

Go Back   Two Plus Two Poker Forums > >

Notices

Internet Poker Discussions of Internet poker venues.

Reply
 
Thread Tools Display Modes
Old 09-11-2017, 04:50 PM   #1
Virtue Poker
Virtue Poker Rep
 
Join Date: Oct 2016
Posts: 7
Virtue Poker: P2P Decentralized Poker on Ethereum

Virtue Poker is a decentralized P2P platform for playing online poker with real money. It leverages the Ethereum blockchain to provide the first blockchain-based online poker experience where players never have to deposit money on a site, the shuffle is provably random, and cards are cryptographically secure.

We recently signed on to our team Dan Colman and Brian Rast as advisors. Check out the full write-up on PokerNews here:

https://www.pokernews.com/news/2017/...rast-28926.htm

Virtue Poker Links:

Website: https://virtue.poker/
White Paper: https://virtue.poker/wp-content/uplo...-DRAFT-0.1.pdf
Blog: https://medium.com/@VirtuePoker
Twitter: https://twitter.com/Virtue_Poker
Email Sign-Up: http://eepurl.com/cJIcKf

Last edited by Virtue Poker; 09-11-2017 at 05:01 PM.
Virtue Poker is offline   Reply With Quote
Old 09-11-2017, 05:16 PM   #2
Galfondprodigy
newbie
 
Galfondprodigy's Avatar
 
Join Date: Nov 2013
Location: degen town
Posts: 33
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

The future is here - FU stars
Galfondprodigy is offline   Reply With Quote
Old 09-11-2017, 05:35 PM   #3
SootedPowa
old hand
 
Join Date: Jun 2013
Posts: 1,882
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

Will be the botting and colluding dream platform.
SootedPowa is offline   Reply With Quote
Old 09-12-2017, 12:04 AM   #4
omar coming
grinder
 
omar coming's Avatar
 
Join Date: Jan 2008
Location: in the wind so to speak
Posts: 605
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

Found this--it explains the way they plan on combatting collusion/bots: https://medium.com/@VirtuePoker/info...r-3cac71e8bbcb

It sounds a little convoluted, but I'm rooting for y'all. The Ethereum Revolution is coming.
omar coming is offline   Reply With Quote
Old 09-12-2017, 06:33 AM   #5
Penetrator
centurion
 
Join Date: Dec 2016
Posts: 118
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

I like the idea, but not sure about this system. Looks complicated, many players will never understand how it is working, system is demanding continuous supervision and human input (that means employers), justice system is based on volunteers ? I cannot imagine it will work. But I was also wrong about bitcoin, maybe it is future
Are you planning anonymous tables/no history or bot/software operator paradise?
Penetrator is offline   Reply With Quote
Old 09-12-2017, 08:00 AM   #6
the4bettingmonk
old hand
 
Join Date: May 2012
Posts: 1,285
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

I actually watched a video on a decentralised platform the other day. Will they be able to put up copyrighted stuff without any issue on the platrform? Love the idea. Theoretically could lead to vastly reduced rake maybe?
the4bettingmonk is offline   Reply With Quote
Old 09-12-2017, 08:02 AM   #7
the4bettingmonk
old hand
 
Join Date: May 2012
Posts: 1,285
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

There's big potential for virtue with spin-style games. The rake on those tournaments is still ridiculous imo, especially compared to HUSNGs nowadays.
the4bettingmonk is offline   Reply With Quote
Old 09-12-2017, 08:12 AM   #8
LektorAJ
Pooh-Bah
 
LektorAJ's Avatar
 
Join Date: May 2014
Location: none
Posts: 5,863
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

What is the rake going to be?
LektorAJ is offline   Reply With Quote
Old 09-12-2017, 04:51 PM   #9
lvanhoe
old hand
 
lvanhoe's Avatar
 
Join Date: Mar 2009
Posts: 1,342
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

hodl
lvanhoe is offline   Reply With Quote
Old 09-12-2017, 05:30 PM   #10
xBIGx
centurion
 
xBIGx's Avatar
 
Join Date: Jun 2017
Posts: 106
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

Sounds like a scam or the start of a Ponzi scheme to me. The only part that has to do with Ethereum is the money part? Will we have to wait for the RNG to confirm transactions before we see the turn? What other payment methods will be available or is this site is only for the tech friendly?
xBIGx is offline   Reply With Quote
Old 09-12-2017, 05:44 PM   #11
Dude-Bun
grinder
 
Dude-Bun's Avatar
 
Join Date: Apr 2009
Location: 1 tabling life
Posts: 555
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

I am so rooting for this. Very nice job so far and best of luck
Dude-Bun is offline   Reply With Quote
Old 09-12-2017, 07:18 PM   #12
whoisyourdaddy
stranger
 
Join Date: May 2011
Posts: 5
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

Bots can not be stopped. Is illusion. You will have to spent millions on security and increase rake. Just another poker company
Rather make games which are not solvable:
1.bounty spin and go - 6max with bounty bilder, no heads up
2. 3max spin with powers up functions - allways new varibles
3 MTT with bounty builders. Fast MTT starting 30bb
4. 6 max cash with some random antes and extra blinds. Forced raises. Like 15 % of hands are just randomly pick up by software and raise 3x. Imagine increase of VPIP. Would bo tone of 3/4/5 bet battle, tone of all ins. Playing boards with widder range. Impossible to solve all those situations with forced raises, and some randoms big blind at CO, or 4 small blinds at table.
5. Change structure, format of poker.
6. Increase winners/losser ratio by lowering rake, multitabling limitations, annoymous tables. Winners should pay extra fees. Every extra table above 4 has higher rake, diff goes for rec promotions.

Def aim should be more positive variance for recs, they should have more fun for their dollars. And increse numbers of winners.
whoisyourdaddy is offline   Reply With Quote
Old 09-12-2017, 07:51 PM   #13
coinflipper
old hand
 
Join Date: Mar 2007
Location: acapulco/queretaro
Posts: 1,777
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

Quote:
Originally Posted by whoisyourdaddy View Post
Bots can not be stopped. Is illusion. You will have to spent millions on security and increase rake. Just another poker company
Rather make games which are not solvable:
1.bounty spin and go - 6max with bounty bilder, no heads up
2. 3max spin with powers up functions - allways new varibles
3 MTT with bounty builders. Fast MTT starting 30bb
4. 6 max cash with some random antes and extra blinds. Forced raises. Like 15 % of hands are just randomly pick up by software and raise 3x. Imagine increase of VPIP. Would bo tone of 3/4/5 bet battle, tone of all ins. Playing boards with widder range. Impossible to solve all those situations with forced raises, and some randoms big blind at CO, or 4 small blinds at table.
5. Change structure, format of poker.
6. Increase winners/losser ratio by lowering rake, multitabling limitations, annoymous tables. Winners should pay extra fees. Every extra table above 4 has higher rake, diff goes for rec promotions.

Def aim should be more positive variance for recs, they should have more fun for their dollars. And increse numbers of winners.
gtfo with all this nonsense.

was also concerned with security but seems like they will have a security review team after all and each table will have a player autopolicing the games by submitting the hands played to the security team anyway. nice way to observe all the action on the site without allowing observers like ptr sharscope etc.
coinflipper is offline   Reply With Quote
Old 09-12-2017, 08:15 PM   #14
KptBomba
journeyman
 
Join Date: Dec 2014
Posts: 302
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

Quote:
Originally Posted by Penetrator View Post
I like the idea, but not sure about this system. Looks complicated, many players will never understand how it is working, system is demanding continuous supervision and human input (that means employers), justice system is based on volunteers ? I cannot imagine it will work. But I was also wrong about bitcoin, maybe it is future
Are you planning anonymous tables/no history or bot/software operator paradise?
Tbh they have me sold on their idea to prevent cheating. Something like that works in CS GO already for example. Granted it is not perfect but it could be still better than 90% of the sites now.
If they add reasonable incetives (plus access to hand histories at least for the judges to review stats/patterns) this could make games hell of a safer.
I mean the biggest bot rings that took a ton of money from the ecosystem were caught by players. So the idea is really sound. I mean the biggest issue now is that the security teams are notoriously understafed at most poker rooms online (it isn't priority for them except for the credit card fraud). So having an additional layer of security for me looks reasonable.

Not to mention that decentralized poker is a future (if you combine all the clubs on Chinesse apps they would be already very close to Pokerstars (small stakes + because they don't offer microstakes)

I mean at this point I am cheering for every new project in this environment and it is a sound idea. Hope the funding will go fine gonna buy some tokens myself.


One of the biggest issues now in poker is regulation that excluded a ton of countries that are left either with no options to play or some super shaddy ones. Here you have a decentralized poker room with no possibility to block. So US guys,French,Chinesse,Indonesian,Australians could play there. Give them some solid marketing campaign and they could get big very fast.

Last edited by KptBomba; 09-12-2017 at 08:34 PM.
KptBomba is offline   Reply With Quote
Old 09-12-2017, 08:23 PM   #15
Sect7G
Carpal \'Tunnel
 
Join Date: Jun 2009
Location: Calling a spade a spade
Posts: 10,366
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

I'm too old to understand all this crypto currency stuff... but instinct tells me that people are tired/lack trust in the current model... so I think a few of them will rise much higher than bitcoin.

As for the model of the site in regards to security... why not. There are plenty of people I trust in the online world whom I've never met. What I don't trust is established websites to keep me safe from collusion. Another set of eyes actually watching the games sounds like a good thing.

Best of luck with the venture and I instinctively trust Dan Colman as I think he's a man of strong integrity. Having him on board would sway me into jumping into something that tbh I'm not very sure of.
Sect7G is offline   Reply With Quote
Old 09-12-2017, 08:36 PM   #16
KptBomba
journeyman
 
Join Date: Dec 2014
Posts: 302
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

Quote:
Originally Posted by Sect7G View Post
I'm too old to understand all this crypto currency stuff... but instinct tells me that people are tired/lack trust in the current model... so I think a few of them will rise much higher than bitcoin.

As for the model of the site in regards to security... why not. There are plenty of people I trust in the online world whom I've never met. What I don't trust is established websites to keep me safe from collusion. Another set of eyes actually watching the games sounds like a good thing.

Best of luck with the venture and I instinctively trust Dan Colman as I think he's a man of strong integrity. Having him on board would sway me into jumping into something that tbh I'm not very sure of.
Well the idea is pretty simple poker room where everyone can play and you keep the funds so no risk of getting scammed for the money. Plus no option for people to see tother people cards/superuse. I am already sold on this project.
KptBomba is offline   Reply With Quote
Old 09-13-2017, 12:53 AM   #17
lotuspod2
adept
 
lotuspod2's Avatar
 
Join Date: Oct 2010
Location: SideGamePoker
Posts: 790
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

I looked into it awhile back, but probably going to pass on this one as it stands now. Ethereum isn't a good platform for hosting poker because of the fees, unless you're playing very high stakes then you really aren't going to like the rake on eth.

Also there are already other eth poker projects with working demos, I don't think these guys can get this done efficiently enough to show a real profit for investors. The justice system won't stop the problems, it just opens up new routes for potential abuse. Even just a small bias in a justice can have large consequences, and we're all human so it's to be expected. It'll just be a ton of extra overhead for little to no gain.

I'd love to see decentralized poker and would support it for sure, but I don't think this system will be the best answer.
lotuspod2 is offline   Reply With Quote
Old 09-13-2017, 02:17 AM   #18
Tapirboy
Pooh-Bah
 
Tapirboy's Avatar
 
Join Date: Nov 2004
Location: babytapirphotos on tumblr
Posts: 4,857
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

ETH is an interesting toy and it might even be the prototype for something that eventually works. But doing anything involving money (or anything you care about) on it is strictly for fools as far as I'm concerned. (Or people doing pump-and-dump ICOS on the backs of fools.) There are some real, huge problems.
Tapirboy is online now   Reply With Quote
Old 09-13-2017, 10:41 PM   #19
omar coming
grinder
 
omar coming's Avatar
 
Join Date: Jan 2008
Location: in the wind so to speak
Posts: 605
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

Quote:
Originally Posted by Tapirboy View Post
ETH is an interesting toy and it might even be the prototype for something that eventually works. But doing anything involving money (or anything you care about) on it is strictly for fools as far as I'm concerned. (Or people doing pump-and-dump ICOS on the backs of fools.) There are some real, huge problems.
Please enlighten us (and the investors who have put $26B into it) about these real, huge problems.
omar coming is offline   Reply With Quote
Old 09-13-2017, 11:14 PM   #20
numberonedonk
old hand
 
numberonedonk's Avatar
 
Join Date: Oct 2014
Location: Do it for the lulz
Posts: 1,565
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

Quote:
Originally Posted by Tapirboy View Post
ETH is an interesting toy and it might even be the prototype for something that eventually works. But doing anything involving money (or anything you care about) on it is strictly for fools as far as I'm concerned. (Or people doing pump-and-dump ICOS on the backs of fools.) There are some real, huge problems.
fud
numberonedonk is offline   Reply With Quote
Old 09-13-2017, 11:25 PM   #21
FunkyVT
stranger
 
Join Date: Sep 2017
Posts: 8
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

If they're really using Electron to build the desktop app, this thing is gonna be awful. Electron apps are always bloated and slow.
FunkyVT is offline   Reply With Quote
Old 09-14-2017, 12:00 AM   #22
Tapirboy
Pooh-Bah
 
Tapirboy's Avatar
 
Join Date: Nov 2004
Location: babytapirphotos on tumblr
Posts: 4,857
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

Quote:
Originally Posted by omar coming View Post
Please enlighten us (and the investors who have put $26B into it) about these real, huge problems.
For one thing, there's no way to fix bugs in smart contracts, and the ETH powers that be have demonstrated that they're willing to roll back their entire blockchain if they find one big enough.

That by itself is enough to keep me far, far away.
Tapirboy is online now   Reply With Quote
Old 09-15-2017, 02:42 PM   #23
king_nothing_
veteran
 
king_nothing_'s Avatar
 
Join Date: Sep 2007
Posts: 2,341
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

I'm making my first post on here in two and half years (and that post was just a one-off, it's actually been more like five years) to say that I'm really looking forward to this and can't wait to see it in action. Sounds like a great idea.
king_nothing_ is offline   Reply With Quote
Old 09-15-2017, 07:32 PM   #24
troloyolo
grinder
 
Join Date: Jul 2012
Posts: 526
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

What is the cost of gas to play a hand of poker?

http://ethgasstation.info/

Contracts: Median Gas Fee $0.282
There's no listed aggregated information about the distribution of fees listed.

I read through the white papers quickly, but I'm not clear on how many contracts are required to play a poker hand, is it one contract per player?
6 in a 6 max game?

It seems really cool, but the rake details are super sketchy and several parts of the white papers read like cheesy propaganda. I was pleased to find you on 2+2 given that your papers also suggested there would be community engagement.

That is to say, I don't get it. I'm not sure I want to buy poker chips from you before you can demonstrate that you're a real casino that can at least cover the cost of your operations given that the house seems to be investing $0 to back players bets?
troloyolo is offline   Reply With Quote
Old 09-16-2017, 07:32 PM   #25
TheAlchemistX7
newbie
 
Join Date: Jan 2013
Posts: 44
Re: Virtue Poker: P2P Decentralized Poker on Ethereum

I have almost completely given up on poker, so I'm totally sold and on board for this idea. A decentralized network is definitely the future of online poker. I mean, you certainly can't **** up the poker ecosphere anymore than it already has been.

I'm most worried about botting and collusion, and I'm sure there will be no way to entirely eliminate this from poker, but hopefully you guys have some ideas to really tackle these issues better than it's been done before.

Will there be a beta to test out sometime in the near future?
TheAlchemistX7 is offline   Reply With Quote

Reply
      

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


Forum Jump


All times are GMT -4. The time now is 02:58 PM.


Powered by vBulletin®
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
Copyright © 2008-2010, Two Plus Two Interactive
 
 
Poker Players - Streaming Live Online