This is a group effectively looking to create the noose protocol:

https://betterbetting.org/BETTER_BET...hite_Paper.pdf

This project is high powered I think.

****************

Forgot to mention in the post above for CasinoCoin one of the Board Trustees is Editor-In-Chief of PokerNews.com and Director of Poker Stars.com. The coin is non profit I am reading

above post is a very serious matter.

there is no place for stuff like that in NVG

The project is serious, I know 5 of the advisors.

We have different projects building different layers and bridges. It's all being built at the same time and its effectively infinitely duplicable and effectively costless to do so.

I wonder if we can take the noose-protocol as a premise yet?

Free rider problem, let the Betr folks do the heavy lifting.

You keep saying free rider problem and I think you are trying to suggest that this won't be built because everyone will be the free rider. We are watching it get built, it is nearly complete, we are watching millions of dollars, perhaps billions getting pumped into the process. At some point the noose protocol becomes our premise...

Well I'll let our in thread Barister speak for himself but I interpreted his free rider comment as letting the betr team do the heavy lifting and then ( since some or all that is open source) use that code/logic/algorithms as a basis for the noose protocol.

its a free roll.

aka

free rider.

I think then (if you understand Gzesh correctly), it is acceptable for each of us (seemingly PTLou agrees), to suggest that the noose protocol can be used as a premise for a dialogue on the evolution of poker we are watching unfold.

And with that premise, if we are allowed it, we can begin to extrapolate...

Is that agreeable and intelligible?

Cryptocurrency definitely seems it could help to make online poker worldwide again. Theres so many of them now, they need one specifically for poker which the online poker world can use to avoid the legal problems of people being unable to deposit and withdraw traditional cash from various countries. The value of a crypto is in its usefulness and online poker certainly has the use for one. I was reading a crytocurrency forum and a load of 'gamers' were getting excited about the possibility of being able to play games for real money, lol. I thought to myself people have been doing that for 15 years!

It'd be more concise to say; The noose protocol is: " Summary, Link." Prior dialogue with x and y established this technology as an interesting focal point of the evolution of poker.

Some desirable possibilities include a scenario wherein this happens to this effect.

Simplifying your language a bit would make your train of thought clearer, and in turn more intelligible.

Correct.

Minor point, 90+% of my posts in this thread are from someone whose software company actually developed, launched, maintained a poker software for our startup network from 2001 - 2007.

Along the way we made many mistakes and got a few things right, one poker lesson learned was "liquidity, liquidity, liquidity".

The other 10% may be regulatory in nature, not really NVG material, but something I will pursue at the more fertile Totally Gaming show in London in February.

That's what the community is for. And very well done, and thank you. I am not able to translate it is the nature of the reason I am able to have this insight.

I'm going to make a post which is a slight leap (perhaps both of faith and logic) I feel we have arrived close enough through dialogue for it to be well received. It is very compressed so there is a large argument built behind these words that cannot be displayed. But there is also an insight that one could vaguely grasp if either having traversed the previous dialogue or especially being a part of it.

The basic idea is the comparability between the "intrinsic" value of bitcoin and what could be viewed as an equivalent poker coin. Simply put, in our current global economy there is intrinsic value in a coin that has a stable supply-having unstable currencies increase the value of bitcoin. Nick Szabo gives some insight in how to formulate the value equation of such an observation. I use this insight to show that the same intrinsic value exists in the poker industry based on the pressure that exists with players wanting a global player pool and the de facto monopoly that poker stars has traditionally held:
https://****************.wordpress.c...ffective-rake/

There are links for citation purposes but I think they are not immediately necessary.

Not sure if this is the right place to ask but maybe someone like nooseknot would know.

In regarsd to sites that accept a ton of alts, like wpn, how do they not get ****ed by the rapid fluctuations in price? do they have a mechanism to instantly convert crypto to fiat? if so, anyone know how they do this?

pontylad,

They'll use a third-party payment processor, in the same way that they'll have a third-party company process credit/debit card transactions, e-wallet transactions, etc.

Have you been following this conversation?

I'm really good at game theory.

...

In light of Coinpoker's seemingly successful launch, and that they seem well on their way to a full bootstrap, I think it is a good time to (re-)visit the concept of AI Poker.

Coinpoker now has a digital asset (CHP) that represents the chips used for its poker casino:

https://coinpoker.com/downloads/coin...er.pdf?v171221
In regard to AI Poker, we can think of multiple projects that might also release an asset with some form of a "inflation schedule". If these tokens were tradeable on an exchange, once fully arbitraged, their prices would begin reflect the value of the token from the players point of view.

This in tandem with an increased player liquidity in regard to a players ability to deposit or withdrawal on each site, would create a price discovery that represents the profitability of each site.

The new "line" observed will create pressure on sites to offer chips of increasingly better quality.

Sounds interesting

good read. not specific to poker.

Whether you agree with these predictions are not, article does nice job of sorting out many of the key issues / opportunities ahead for blockchain in 2018.

https://media.consensys.net/18-predictions-for-2018-7a376ea7bd4b

note that that this is from Consensys. which is heavily invested in all things Ethereum (Including Virtue Poker), so will have Ethereum bias.
.

Eth is dead when Stellar becomes the ico currency as more devs make the switch.

well one thing is clear.

it is the wild wild west.

lots of competing technologies / biz models will clash for dominance / share.

Humans will benefit.

Until the Blockchain becomes self aware.

Then we all die.

We all die anyway, just not at the same time.

while this true... about 5 yrs after the blockchain becomes self aware we all die soon thereafter at hands of this dude and his lil friends.

reference new season 4 Black Mirror episode on Netfilx, "Metalhead" for specifics.




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