Verifiable Gambling – How it Works

-By Milly Bitcoin – Feb 26, 2013.

Many Bitcoin gambling sites use a scheme to verify their games are fair.  For instance if you go to SatoshiDice.com and click “verification” an explanation is provided.  BitZino.com has an explanation of their scheme which is a little easier to follow but for those not familiar with cryptography it is pretty confusing.  These verification schemes can […]

The Genesis Post

-By Milly Bitcoin – Feb 19, 2013.

This is the “genesis” post for CoinText.com, information for the Bitcoin age from Atlantic City Bitcoin.  For those not familiar with Bitcoin the “genesis” reference is a reference to the Bitcoin system.  Transactions are recorded in “blocks” built about every 10 minutes and the first one is called the […]