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

US Treasury sanctions crypto mixer Sinbad, alleging North Korea ties
Turner Wright7 hours agoUS Treasury sanctions crypto mixer Sinbad, alleging North Korea tiesThe government department has previously imposed sanctions on crypto mixers Blender and Tornado Cash despite many in the space p
Korean Exchange Operator to Oversee Crypto-Linked Stocks in the Midst of Suspicions on Unfair Trading
Korean Exchange Operator to Oversee Crypto-Linked Stocks in the Midst of Suspicions on Unfair Trading South Korean securities exchange operator is now expanding
ETH Fees Surge to All Time High After the Crypto Passed the $1,000 Mark
ETH Fees Surge to All Time High After the Crypto Passed the $1,000 Mark After the ether token surged past the $1,000 mark on January 3, the average transaction f
Nearly $1 Billion Poured Into Egypt’s Forex Market — Local Currency Now World’s Worst Performing Currency in 2023
Nearly $1 Billion Poured Into Egypt"s Forex Market — Local Currency Now World"s Worst Performing Currency in 2023 The Egyptian central bank recently claimed that its decision to
Ana Paula Pereira7 hours agoCore Scientific appoints Adam Sullivan as CEO amid restructuring processThe company claims to have seen a boost in liquidity in recent months and is expected to emerge from bankruptcy proceedi
Indonesia’s Central Bank Considers Issuing Digital Currency to ‘Fight’ Crypto
Indonesia"s Central Bank Considers Issuing Digital Currency to "Fight" Crypto Bank Indonesia, the country’s central bank, is reportedly considering issuing a central bank di
Cryptowisser: Top 100 Crypto Coins Ranked by Carbon Footprint – Algorand Leads the Way
Cryptowisser: Top 100 Crypto Coins Ranked by Carbon Footprint - Algorand Leads the Way press release PRESS RELEASE. February 2022: Leading Crypto service comparison site Cryptowisse
Don’t Forget the Importance of Censorship Resistance
Don’t Forget the Importance of Censorship Resistance Since people are once again talking about self-custody as one of crypto’s unique strengths, I would like to remind eve
Mining company CleanSpark sold only 2.54 Bitcoin in July
Vince Quill6 hours agoMining company CleanSpark sold only 2.54 Bitcoin in JulyCleanSpark announced it had increased its treasury holdings by 567% when compared to the same period last year.3129 Total views13 Total shares
Prashant Jha11 hours agoWorldcoin struggles to find new users willing to scan iris for cryptoThe controversial crypto project’s new sign-ups have dwindled, and the numbers pale in comparison to the 2 million sign-ups b
Dvision Network Announces New LAND Staking Feature to Help Bolster Virtual Plot Utility
Dvision Network Announces New LAND Staking Feature to Help Bolster Virtual Plot Utility press release PRESS RELEASE.The Dvision Network has recently announced the new ‘LAND S
Biggest Movers: LTC Snaps Extended Bear Run, as LINK Hits 4-Day High
Biggest Movers: LTC Snaps Extended Bear Run, as LINK Hits 4-Day High Litecoin snapped a recent bear run on Tuesday, as cryptocurrency prices moved marginally higher. The token was