Quote:
Originally Posted by Nooseknot
Nonetheless I see nothing in there that prevents such a protocol from being used instantly. .
Section 2.5.... Client Software ?? dunno. just scanned myself and that jumped out.
BUT... before you spend your time on regulatory matters, please consider this is one of a dozen of tech standards that are going to need to be dealt with to "comply".
Here is the one for Nevada... Which is different than the one from NJ.. which is different than the one from UK... which is different than the one from France... on and on.
Nevada btw way would require the "developer(s)" of the protocol to get a personal gaming license (takes 1+ year, $20,000 - $50,000 per person and biggest PITA imaginable) along with the P2POperator that uses the protocol. Not sure how NGCB is gonna deal with the new world order of collaborative open source projects where nobody owns the code and everybody owns the code. Their heads will insta ASSPLODE.
Also please keep in mind that in regulatory, the Agency has ALL the power. Unlike our larger legal system, gaming regulators are the judge, jury and executioner. Gaming licence is a privilege not a right. Burden of proof is on tech provider to PROVE they meet standards, not on agency to prove they don't.
http://gaming.nv.gov/modules/showdoc...ocumentid=2942
MUCH MUCH MORE importantly please don't get bogged down in regulatory and I dont mean to derail the discussion. Your time and energy along with people ITT could be better spent on bringing this technology forward vs pulling your hair out analyzing tech gaming standards.
(
but please stop saying a P2POperator could use the protocol AND comply. Because they cant without considerable time (years) and lots of money (many many many cheeseburgers).
A p2p truly decentralized model could enable something that grows to be the largest poker "network" in the world and NOT be regulated. I think that should be the focus. Its the path the pseudo decentralized sites Virtue and CoinPoker have taken.
(ps. but if you want to keep debating about regulatory with me we can do that to. Its fun for me cuz I will most likely win all those debates against you , but your efforts could be better spent on more important topics/discussions.)
Last edited by PTLou; 11-17-2017 at 08:46 AM.