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Provably Fair - How does it work?

PROVABLYFAIR What is provably fair? Provably fair is used in Bitcoin gambling to make sure that neither the casino nor the player can cheat. How does it work? The server creates a secret random seed. It is hashed and sent to the player. The player provides a random seed. The two seeds are combined to calculate the result. After the result is revealed: The server seed is revealed so the player can verify it with the hash. FAQ Daily secret Each website has its own method of Some games use a daily secret, which can be used with or without the server seed. It is revealed at the end of the day, hence the name. creating provably fair results. There should be a page explaining how it works. It is possible but impractical to have a game of provably fair poker. No poker rooms offer it currently. Some casinos claim to be provably fair when they actually are not! ! Make sure that you can select your own client seed, and verify that the results provided are actually correct. Beware! Source:

Provably Fair - How does it work?

shared by bitcoinreviewer on Jan 13
This is an infographic from Bitcoin Reviewer explaining the concept of mathematically honest gambling in a clear and easy to understand format.




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