Since then the Openbazaar developer Chris Pacia performed the first atomic bet utilizing the BCH network’s re-enabled OP_Codes and Fyookball’s Chainbet concept.
Also read: Chainbet Protocol Proposes a Trustless Bitcoin Cash Betting Mechanism
The First Trustless Atomic Wager Utilizes Bitcoin Cash OP_Codes
Openbazaar’s Chris Pacia.
This weekend the Openbazaar developer Chris Pacia has performed the first atomic bet using the BCH network’s OP_Codes in order to demonstrate a trustless wager.
Pacia said he tried the idea using bitcoin cash after seeing Fyookball’s new protocol concept, and notes that this method of trustless betting is not possible using the Bitcoin Core (BTC) network.
Pacia details the challenge of this operation is doing it securely, and adds that Bitcoin arithmetic operations only accept signed 32-bit integers.
The American billionaire entrepreneur and television personality, Mark Cuban, has waged a bet with Creative Planning’s founder Peter Mallouk over the performance of cryptocurrencies versus the S&P 500.
Just recently news. Bitcoin. com wrote about a trustless betting protocol designed by Jonald Fyookball called Chainbet, a protocol that enables simple coin flip wagers using the Bitcoin Cash (BCH) blockchain.
