March 14, 2018
Bitplay Club has announced the launch of its 5-36 Provably Fair Bitcoin Lottery, a further development of its blockchain-based product portfolio.
The 5-36 lottery inherits many good features of its 6-45 predecessor. The most important is the method of drawing numbers. The method takes hashes of recent blocks found on the blockchain. Using these as a basis, and a publicly available formula posted on the company’s website, the algorithm determines the winning numbers. Dependence of drawing results on blockchain block hashes guarantees randomness, and removes any doubt that the lottery operator can somehow influence the drawing outcome. Besides, anyone can make sure that the results are valid and fair.
Other lottery features include fixed prize payments (except the jackpot) and low priced tickets. Ticket prices are only 0.0001 and 0.00005 BTC for the 6-45 and 5-36 versions, respectively. The price levels are intended to encourage participation of people who may have little experience or knowledge, but who would like to try their luck. The newbies may find other recent lottery enhancements – like payment for tickets in altcoins – equally useful.
Meanwhile, the service enables experienced players to choose more complex options like system game, frequent and rare numbers, random choice etc. Players can review past lottery results in the History section, and get an idea of frequency and amounts of wins they could have in past draws.
The initial jackpot for the new 5-36 lottery format is 0.2 BTC, but it will grow over time as the daily draws add to its amount. The jackpot of its two-month old 6-45 “parent” will soon be approaching 5 BTC.
Bitplay Club believes the online gambling industry will inevitably change, incorporating both the recent technology and the changing public demand. The new generation of users is unwilling to accept lack of transparency, inefficiency, neglect of changing user requirements. Thus, the company intends to constantly monitor customer attitudes, and has recently launched a customer survey on its website. The customer driven updates of the lottery service include the possibility to use altcoins for ticket payments as mentioned, and the Russian language localization of the website.
Bitplay Club believes both 5-36 and 6-45 lotteries will benefit from the lottery’s 100% provable fairness, its straightforward drawing process, friendly user interface, and comfortable pricing.
Bitplay Club Lottery options 5-36 and 6-45 are accessible on desktop and mobile platforms. The 5-36 option has gone online on March 12, 2018.
The 6-45 option has been available since December 8, 2017, and there have been 95 daily draws since then.
About Bitplay Club
Bitplay Club, a nascent online game operator, was created by a group of blockchain champions and developers who intend to provide various game options to the general public, marketing them as 100% provably fair. The company strives to empower its customers by resolving the long standing issues of trustworthiness and transparency. The greater mission of the company is promotion of the blockchain concept, bringing knowledge and benefits of the blockchain to its clients.
For more information please visit https://bitplay.club/
This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.
Source by Cryptocurrency.net