Cryptogram Betting: A Steemit Blockchain-Based Game

in Steem Gaming3 months ago

Cryptogram Betting: A Steemit Blockchain-Based Game

Cryptogram Betting is an exciting game that allows two Steemit users to wager Steem on their cryptogram-guessing skills. This innovative app leverages the power of the Steemit blockchain to create a fair and transparent betting experience.

How It Works

  1. Player Registration: The two players enter their Steemit usernames and posting keys into the app.

  2. Bet Placement: The players then specify the amount of Steem they wish to wager on the game.

  3. Cryptogram Generation and Encryption: Each player generates a unique cryptogram and encrypts it using their Steemit posting key.

  4. Cryptogram Broadcasting: The encrypted cryptograms are then broadcast to the Steemit blockchain.

  1. Winner Verification: After a one-minute wait, the app verifies the winner by checking the cryptograms against the players' posting keys.
  1. Steem Transfer: The winner is awarded the full bet amount, which is transferred from the loser's Steem account. Additionally, a 10% beneficiary fee is automatically paid to the Steemit user "jakedavis224".

The Bet Fee

When placing a bet, 10% of the bet amount is automatically paid to the Steemit user "jakedavis224" as a beneficiary. This fee helps support the development and maintenance of the Cryptogram Betting app, ensuring its continued operation and improvement.

Conclusion

The Cryptogram Betting app offers a unique and engaging way for Steemit users to compete and wager Steem. By leveraging the power of the Steemit blockchain, the app ensures a fair and transparent betting experience, with the added benefit of supporting the ongoing development of the platform.

To get started, simply visit the Cryptogram Betting app and start playing!

Posted using SteemMobile