Construction Method of Casino based on Ethereum

Abstract

There are a lot of things that humans cannot do, and one of them is being fair, especially when he is running a casino. However, Ethereum can. Constructing a casino that is regulated by Ethereum can give us the first fair casino in the world. With the help of some technics of cryptography, which are public/secret key schemes and one-way functions, the secrecy and privacy in the gambling of each player can be ensured while still making the game fair by the blockchain. During the construction, Ethereum is also found to be fit for the casino’s other aspects such as propaganda and payment. By successfully constructing such a casino, a way of converting the fixity of blockchain into fairness is proposed in the area that needs it and lacks it the most, which is a casino. Following down this road, any area that lacks fairness can exploit Ethereum or block-chain to find a way to achieve fairness.