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RE: Bitfinex and Tether: Fractional Reserve Lending

in #bitfinex • 6 years ago

I was called to perform a provably fair random drawing for @reversed-bidbot!

There are a 756 tickets participating in this round.
@inversionistam holds tickets number 0 - 7
@frdem3dot0 holds tickets number 8 - 37
@freebornsociety holds tickets number 38 - 55
@sacred-agent holds tickets number 56 - 60
@trincowski holds tickets number 61 - 106
@kabir88 holds tickets number 107 - 472
@luegenbaron holds tickets number 473 - 507
@reversed-bidbot holds tickets number 508 - 512
@steem-raffle holds tickets number 513 - 534
@curatorbot holds tickets number 535 - 535
@clm holds tickets number 536 - 556
@hiblockchain holds tickets number 557 - 558
@zoidsoft holds tickets number 559 - 660
@builderofcastles holds tickets number 661 - 674
@freebornangel holds tickets number 675 - 743
@mcoinz79 holds tickets number 744 - 749
@rufusfirefly holds tickets number 750 - 755
The merkle root of the block in which this post will appear determines the winner.

6 years ago in #bitfinex by
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     6 years ago 

    The block in which the above post is included has a merkle root of 801a65be95b1a78ada8757b22ddb66ce10c2480d.
    To find the winner we:

    1. Convert the merkle root into base 10:
      801a65be95b1a78ada8757b22ddb66ce10c2480d = 731339501234119484146176429698022074480888793101.
    2. Compute the residual after dividing by the number of tickets: 731339501234119484146176429698022074480888793101 mod 756 = 221.
    3. This is the winning ticket, held by @kabir88.

    Congratulations!

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