Logo

Ethereum Lottery

A word from the winner

Machinery
Machinery

Previous winners

Smart Contract Lotteries will blow up government run lotteries. There will be an app for that. Expect many governments to try to stop this. This is one amazing way blockchain + smart contract will change things. Plus, I WON!
Lottery #0 (previous version) 2.5 ETH with payout transaction 0xa426...4d69
Hi! This is crazy. I thought this was an interesting exploration of the tech and wanted to support it and I wake up this morning to find that I won. Life is crazy sometimes. I'm going to hodl, to the moon y'all. Cheers.
Lottery #2 (previous version) 2.5 ETH with payout transaction 0x2cd1...5e55

About

The deterministic nature of blockchains makes it difficult to provide a secure source of randomness. Oracles can be one solution to this, but depending on the exact setup usually require trust in the integrity of the oracle. Other, more secure approaches tend to be so complex as to make it hard to transparently demonstrate how a specific result was reached. This lottery instead uses Bitcoin blocks as a source of randomness. While they are not beyond the reach of tampering, Bitcoin's longer block time and higher exchange rate ensure more safety than a single Ethereum block would. Furthermore, anyone can easily double-check the result using nothing but a block explorer and some simple math. The smart contract accesses this data via BTCRelay and uses it to decide on the outcome of the lottery.

Features