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this post was submitted on 25 Jan 2024
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Monero
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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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How is this not a scam?
I mean that seriously... How can you prove this isn't rigged?
Even if you believe their public winner based on hash of terminal block.... Could they just select a different block? You don't know the size of all the participants. So you could win but they could save the pool is very small etc etc etc
If you really want to gamble on the chain, wouldn't a public smart contract on etherium be better for this?
I cannot prove anything about it. Posted more as a novelty about weird stuff people are doing on I2P using Monero.
Do not send 50% of your life savings to this lottery!!!!
Got it. Putting 100% of my life savings in!
It looks like the block is announced from the beginning but I don't get how the winner is selected from the FAQ? Am I missing something?