Fun

DAObet’s Game of Stakes Will Reward 500,000 BET to 3 Top Validators

News Feed - 2019-09-19 07:09:13

TwitterFacebookLinkedInReddit


Developers of what could someday be described as the go-to platform for decentralized building, DAObet has decided to launch a testnet game dubbed the Game of Stakesto proof the security framework of its network by its validator ecosystem.


By so doing, DAObet intends to leverage the competitive spirit of every gamer or anyone adept at competition to ensure that upon launch of the mainnet, the system would have been tried and tested for robustness and stability. A Game of Stakes


The Game of Stakes is an event designed by the DAObetplatform where their testnet -- a duplicate of their future mainnet -- is exposed to attacks, code updates, and governance issues in order to ensure that the security framework of the DAObet blockchain is attack-proof.


Each participant in the event can win prizes in the course of completing ecosystem tasks. DAObet is staking about 500,000 BET tokens or 0.3% of the total issuance of BET tokens to incentivize its validator community to take part in the event. Only three winners who emerge with the most validator points will share in the bounty.


The game’s premise is simple. Validators will battle it out with others within the network, each doing their best to protect the network from both internal and external attacks and maintain optimum network operability at all times. All processes and actions will be logged on the blockchain, which will serve as important indicators on network performance.


The overall tasks for the validator while participating in the testnet game will include: Produce blocks in a stable fashion. The signed blocks will be also award Validator Points. Build a fault-tolerant infrastructure for the node and maintain its operation in as stable a manner as possible. Cope with high loads and network attacks. Update the software version quickly and conduct a hard fork together with other validators Use the network, send transactions and understand the voting procedure.


Prospective validators can sign up using this form. About DAObet


The DAObet blockchain is a gaming blockchain infrastructure modeled after the DPoS consensus algorithm, and depends on its network validators who use the RANDPA consensus protocol to ensure new blocks are created in concord with its network design state.


DAObet’s team is striving to create a blockchain ecosystem for iGaming 3.0, which comprises of both the robust infrastructural tools of distributed computing and decentralized manpower. The blockchain product is being designed to bolster an ecosystem of token holders, validators, and operators. All this in a bid to provide the gaming industry a secure and decentralized low-latency throughput blockchain; one that is fast and as well scalable for all foreseeable game designs.


Part of their strategy in providing the utmost service to the gaming industry also included a recent rebranding which saw a name change from DAO.Casino to DAObetin order to streamline its marketing efforts to its target niche.


The Game of Stakes event is supposed its next strategy and one step closer to achieving its goal, and as such, would require diligent participants to employ gamesmanship to consistently monitor their software status while scheming on the best defense strategies against malicious net attacks and ‘vile non-cartel’ validators.


All the required information to participate in the event is available on the GitBook resource for Validators.


To learn more about the DAObet platform visit the website: https://daobet.org/


Join the validators community on telegram here: https://t.me/daocasino_validators


This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content above.


Last modified (UTC): September 19, 2019 5:47 PM

News Feed

Bitcoin, Monero and Zcash Will Still Be Used in the Year 2414 According to Netflix’s Altered Carbon
Bitcoin, Monero and Zcash Will Still Be Used in the Year 2414 According to Netflix"s Altered Carbon Several cryptocurrencies such as bitcoin, monero and zcash were featured on th
Martin Young3 hours agoNaver Corp unveils South Korea’s answer to ChatGPT and generative AISouth Korean internet giant Naver Corp. has released CLOVA X, a Korean language chatbot similar to ChatGPT that can have conver
Citi upgrades Coinbase shares to ‘buy’ citing ‘shifting’ US politics
Tom Mitchelhill6 hours agoCiti upgrades Coinbase shares to ‘buy’ citing ‘shifting’ US politicsAnalysts from Citi Group said a potential “crypto-friendly” administration and growing revenues are bullish cataly
Germany Auctions Bitcoin Seized From Darknet: Bargain Hunters Flock to Buy Cheap BTC
Germany Auctions Bitcoin Seized From Darknet: Bargain Hunters Flock to Buy Cheap BTC German authorities are auctioning bitcoin seized from the darknet in cybercrime cases. The auct
Turner Wright3 hours agoBittrex Global announces all trading will be disabled as it winds down operationsThe announcement came roughly nine months after U.S.-based crypto exchange Bittrex said it would shutter operations
Bityard Launched ‘Grayscale Zone’ to Let Users Trade Coins Related to Grayscale Investment Trusts
Bityard Launched "Grayscale Zone" to Let Users Trade Coins Related to Grayscale Investment Trusts PRESS RELEASE. As an exchange that offers professional crypto t
Prashant Jha13 hours agoCreditors for bankrupt Voyager Digital billed $5.1M in legal feesVoyager is not the only crypto firm incurring hefty legal fees; FTX, for example, has been billed over $120 million in fees.1646 To
South Africa Retailer Pick n Pay Now Accepts Payment in Bitcoin at 39 Outlets
South Africa Retailer Pick n Pay Now Accepts Payment in Bitcoin at 39 Outlets Pick n Pay, the South African retailer, has revealed that some of its grocery stores are now accepting
Topps Plans to Auction Rare 1952 Mickey Mantle NFT Card Minted on Ethereum
Topps Plans to Auction Rare 1952 Mickey Mantle NFT Card Minted on Ethereum The American firm that produces Bazooka chewing gum, candy, and collectibles, Topps has announced the com
Ezra Reguerra10 hours agoHong Kong securities regulator issues in-principle approval to HKVAXThe announcement comes after Hong Kong debuted crypto retail trading with exchanges HashKey and OSL.1871 Total views15 Total sh
Tokenized Bitcoin in Circulation Nears a Half Million BTC, Bitcoin-Pegged Token Value Exceeds $21 Billion
Tokenized Bitcoin in Circulation Nears a Half Million BTC, Bitcoin-Pegged Token Value Exceeds $21 Billion According to data recorded on December 28, there’s approximately 43
Ethereum Hits $4,300, Restoring Vitalik Buterin’s Crypto Billionaire Status
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu