Update: BIP91 and BCC

Since our last blog post about BIP148 and chain splits, the situation around bitcoin’s scaling has evolved. Mainly, BIP91 locked in and activated, and a group around viaBTC announced their plan to hard-fork bitcoin on August 1st.

BIP91 – A success?

With BIP91 locking in a few days ago and activating two days later, currently all blocks are signaling support for BIP141 (SegWit), in numbers, that’s 144 of the last 144 blocks. Unless miners renege on BIP91, which seems unlikely at this point, this should be sufficient to keep BIP148 from enforcing and to avoid both a chain split and chain reorganization due to BIP148, situations which have been explained in our contingency plan. As this was the main goal of BIP91, it seems like a huge success so far.

In reaction to BIP91 locking in, we have already increased the required amount of confirmations to 3 (for deposits) and 6 (for withdrawals). We will stick to those numbers until SegWit is locked in via BIP141, which most likely will happen in 3 weeks. You can track SegWit activation using this tool.

BCC – Hard fork preparations

 


Bitcoincash (BCC) is the name of a hard-fork off bitcoin’s chain planned to happen on August 1st. We’ve previously promised to allow investors access to all resulting chains, and we will stick with that promise. CryptoGames is not going to list or support BCC, but we are going to pay out BCC to investors and players. Here’s the details how:
Every user with a total amount (active balance + investment) of more than 0.01 BTC on their account will be eligible to claim their BCC. At the point of the fork, we’ll create a snapshot of user balances and everyone will receive the equivalent to their BTC balance in BCC.

In order to get your BCC, you need to set a BCC address for your account, you can do this starting right now. To set your BCC address, visit Your Account -> Settings -> BCC address on the far right. Make sure you save the address and double check it is correct. We suggest using addresses you control the private key to, but an exchange address works too.



Users will have 12 days after the fork to set their BCC addresses and receive their coins. After that, we will stop accepting new BCC addresses and you will lose your claim due to failing to meet the deadline. Should you have set your address in the 12 day window, but not get a payout yet, don’t worry, old requests will still be processed. Due to the complexity of the distribution and the huge amount of users to consider, it may take up to 10 days for the BCC distribution to start. Remember: Deadline to provide your BCC address is August 12th at 12:00 UTC.

Questions? We’re here to help.

Should you have any more questions, or expect issues during the process of claiming your BCC, either visit our chat and look for one of our staff to help you, or contact our support team via support@crypto-games.net.

Crypto-Games BIP148/UASF contingency plan

As more and more questions regarding the possible events around August 1st reach us, we’d like to give a short explanation of the current situation. Here is our overview of expected events, together with preparations & resulting actions. This statement is regarding BIP148 and the potential UASF/chain split following its activation. As details are still not firm and subject to change, parts of this statement may be outdated at some point, but we will try to keep everything up to date. We hope you understand things may move at a pace faster than we can supply information & updates.



1. General situation
The general situation is already well known and documented across several sources. In short, BIP148 nodes will try to orphan blocks not signaling for Segregated Witness to force miners into voting for & activating the soft fork. More detailed explanations of what BIP148 is and how it intends to achieve its goals can be found at the following website (note this site supports BIP148 and is not impartial): http://www.uasf.co/
BIP148 nodes are scheduled to start with this undertaking on midnight August 1st (0:00 UTC). During this event, those nodes might cause a chain split. In case of a chain split some nodes may propagate confirmed transactions that other nodes may not accept or recognize. Confirmation scoring might be unreliable for some time, resulting in transactions possibly disappearing from your wallets or being on chains other people do not accept. If this situation occurs, it will be for a short but unknown amount of time. A more detailed version of this summary can be found at the following site (this source will be updated as things progress, keep an eye out for upcoming additions): https://bitcoin.org/en/alert/2017-07-12-potential-split
Afterwards, there will either be one generally recognized chain, which means everything will go back to normal and we can resume using bitcoin. Conversely there will be several competing chains, in which case further action from both services and users will be needed. This is described in the section regarding our specific preparations for these events.
Please note, although neither BIP148 activation nor a chain split are guaranteed to occur we at Crypto-Games believe it is important to be prepared for all possible outcomes during the next weeks and thus provide this guide together with taking some preparations.

2. Preparations taken by Crypto-Games
In order to prepare for the potential split and network disruption, Crypto-Games will deactivate all transactions starting early July 31st (12 to 24 hours before BIP148 activates). This means both deposits and withdrawals will be paused. The amount of time needed for the situation to resolve is unknown, so we cannot predict when transactions will resume. However, we’d rather pause transactions for longer than resume them too soon.
If there is only one resulting chain, transactions will resume once everything has settled and users can continue using the site as before - depositing coins, gambling and investing, withdrawing profits…
If there are several resulting chains, things are a bit more complicated. Crypto-Games plans to give investors access to their coins on all resulting chains. As a service, we already experienced a chain split with ETC/ETH some time back. Investors were asked to provide ETC addresses and we made payments the amount of their active investments at the time of the split. We continued to accept ETH on the site and as bankroll.
The situation for BTC will be similar. Crypto-Games will request addresses from investors for any resulting chain we no longer support. We will then pay out their share of forked coins. Due to the complexity of this task, the distribution on alternative chains might take several days or even weeks following the event. We strive to do this the correct way and aim to do no damage to investors keeping their coins on the site during this time.
No matter of the outcome, Crypto-Games is preparing to deal with all possible situations.

3. During the events
During the events, we’ll try to keep everyone updated about the current status of the network and any possible, unexpected changes. If you are at any time worried or feel the need to reach out, join our chat and speak with one of our staff. They will be briefed on the situation and able to provide any important information. Also, make sure to keep an eye on news, both on our site (via the ribbons), blog (updates to this post and additional posts), social media and other platforms (e.g. bitcoin news sites or discussion communities). Make sure you cross-check any news using different, independent sources.
But most importantly: Do not panic. Keep your calm.

4. After the events
Once the dust settles and everything is resolved we will post updates on our blog to inform every one of what happened and how to proceed from that point. Investors will also be notified via an email announcement. Please wait for the updates and read what changes might be necessary before sending transactions to or from our wallets. Also, remember that the process might require some additional adjustments to our system, so bear with us should it take longer than expected. This is to ensure there are no cases of lost coins due to any possible issues with unsupported chains.

5. Questions?
If after reading this post you still have questions about the possible events or the security of funds stored at Crypto-Games, please feel free to contact us via email at support@crypto-games.net. We will assist you to the best of our abilities.

Litecoin Lottery

New Lottery!

Besides Bitcoin, Dogecoin and Ethereum, we offer Litecoin lottery!


The draw takes place once per week, on Tuesday. Each ticket costs only 0.02 LTC.

Catch the winning spirit!