CORE MAGAZINE September 2017 | Page 47

SuperNet News online gaming industry, but none have the technology quite like SuperNET. The SuperNET project is a horizontal organiza- tion that plans to build useful decentral- ized technology. Addition to other Super- NET projects, SuperNET aims to tap into the online gambling industry too. Well known coder behind the project, JL777, has already implemented the backend of the supposed decentralized gambling structure. This coding signifies years of work in the making, as the poker project, named Pangea Poker, was first announced years ago. to the dealer. In order to make sure the dealer does not run away with the funds, the dealer will need to issue a perfor- mance bond beforehand with an arbiter. Before the game, the dealer must own CHIPS, at least as much as all the players in the game combined. At the end of each round, the dealer distributes the CHIPS ac- cordingly. About the dealer’s performance bond and reputation, JL777 stated, “In the event the dealer does not make the required payment, the arbiter would be contacted, and the validated amount would be distributed from the perfor- Since the announcement of Pangea Poker, mance bond. There is some risk of a dealer the code has seen significant up- using the same performance bond for grades with the lead developer upgrading many games and waiting until there is the code to the latest technology of the more than his performance bond in his day. Now SuperNET is moving forward, hands. So, a reputation of the dealer will and fast. JL777 has announced a new coin need to be a factor in how much people named CHIPSS which will act as the in- would feel safe in betting per game.” game currency for these online games. The creation of CHIPS is essential, for it al- With the mechanics in place, all that is lows the use of micropayments, a compo- needed is a slick front end to complement nent much needed for online gambling. the backend. Currently, SuperNET already CHIPS is a Bitcoin 0.14 fork that will utilize has the funds to pay GUI developers, but the Lightning Network and Segwit. they have yet to find a GUI developer for this project. If you wish to apply for the “For Pangea Poker I needed a way to im- job to help build the GUI, contact JL777 plement gaming chips. Lightning network via http://slackinvite.supernet.org. For an (LN) seems a very attractive solution. in depth analysis on CHIPS, proceed to the However, because LN requires the latest CHIPS blog post or the CHIPS bitcointalk BTC I had to fork Bitcoin 0.14 to get a test- thread. able environment.” - JL777 The mechanics behind Pangea Poker are very interestingly thought out. Players must buy CHIPS in order to play poker at the table. The player sends the CHIPS 44