Jackpot Hash
World's 1st lottery draw based on transaction hash within transaction hash
Last updated
World's 1st lottery draw based on transaction hash within transaction hash
Last updated
In order to create a pure random hash that can’t be manipulated, Fuyo leverages the existing cryptocurrency technology, aka ‘jackpot-hash within transaction hash’. This hash is a 32-bytes hexadecimal similar to transaction id (transaction hash).
Hash uses a SHA256 algorithm and the results are alphanumeric; "0 to 9 and A to F" or " 1 2 3 4 5 6 7 8 9 0 A B C D E F".
A random hash is generated in the bet function when the user places a bet. The hash then stores a new verified smart contract for the public to check with their UID and ticket id.
The jackpot hash is computed from block.timestamp, blockhash(block.number), userID, ticketID, and secret key.
block.timestamp - timestamp(in seconds) of the block that executes the transaction.
blockhash(block.number) - block hash(similar to transaction hash) of the block that executes the txs.
userID - Each userID is generated from Fuyo’s database, therefore, is separated from public blockchain data.
ticketID - User’s bet number (ticket ID) is also generated from Fuyo’s database, therefore is unique for each bet.
secret key - cryptographic generated keys generated, therefore is unique and random for each bet.
block.timestamp and blockhash(block.number) will only disclose after the block is confirmed, so it is impossible to predict whether a submitted transaction will get the desired hash, therefore, it provides 100% random number and complete fair results.
These variables then compute with the popular hash function keccak256 into a hash that will emit through events within the bet transactions. Users are able to check their hash through logs in Etherscan-like block explorers.
To understand more of Fuyo's lottery jackpot-hash payout, please refer to Fuyo Jackpot section.
