The ultimate peer to peer betting protocol.

PolyCash is a blockchain protocol and wallet application for peer to peer betting currencies. PolyCash is used for cryptocurrencies including Betcoin, the flagship cryptocurrency developed by the PolyCash team. The Betcoin cryptocurrency runs on Datachain, a blockchain based on the Litecoin source code.

The Betcoin cryptocurrency pays out approximately one third of the currency to miners via proof of work, and the remaining two thirds are paid out to coin holders via gamified proof of stake. Betcoin's hybrid POS/POW inflation model helps solve the problem of cryptocurrencies' energy useage. By paying out only one third of the currency to proof of work, miners energy use is reduced proportionally without compromising the security of the blockchain.

In Betcoin, all coins accrue rewards at a rate of 0.01% per 125 minutes (50 blocks). Coin holders can realize these gains by occasionally staking their betcoins in virtual basketball games. These virtual games are held every 25 minutes and the scores and winner for each game are determined by pseudo-random data from the blockchain.

In P2P betting currencies like Betcoin, the odds for betting events are determined by players rather than being set by the house. Unlike traditional betting systems, bets are placed and paid out at the protocol level and players hold the private keys to their bets.

Betcoin's unique consensus model relies on inflation which is high, but is consistent, fair and transparent. Betcoin has a theoretical maximum inflation rate of 52.2% per year. However, every coin holder can grow their coins at this rate simply by staking their coins with a conservative strategy in the scheduled betting events.

Betcoin was designed for algorithmic betting and users are encouraged to set up strategies to bet for them automatically. Users who employ a betting strategy better than average can grow their betcoins faster than inflation, increasing the value of their holdings.

PolyCash supports both custodial and non-custodial useage. Users who want to get started quickly can simply create a web wallet on a public node. But users who want to control their private keys or participate in mining should install PolyCash on their own computer.

To run your own node, please view the installation instructions in our README.

You can contact us via polycashcrypto@gmail.com for more information about this project.

  Source Code & Installation Guide   Blog   Whitepaper

Betcoin

Win betcoins by betting on virtual basketball games between 32 countries.

  Join now & receive 0.5 betcoins   Game Results

Pays out in 10 minutes

Iran vs Myanmar    116-94   Iran is winning

Iran was predicted to win 110-86   See Details

20,285 betcoins in confirmed bets

Iran   x1.124   (88.9%)
Myanmar   x9.039   (11.1%)

Pays out in 44 minutes

Turkey vs South Korea    27-45   South Korea is winning

A tie was predicted   See Details

20,285 betcoins in confirmed bets

Turkey   x1.948   (51.3%)
South Korea   x2.055   (48.7%)

Virtual Stock Market

Buy and sell synthetic stocks in 12 top American tech companies.

  Join now & receive 1 mimecoin   Market Results

12 betting blocks left (41 minutes)
Pays out in 6 weeks and 4 days
0.01% fee

Amazon between $60 and $140

250 AMZN issued at $80 per contract (20,000 mimecoins)

Market price:   $99.00
Buy here for:   $99.05
AMZN down 0.05%
Buy Amazon $39.05   (48.8%)
Sell Amazon $40.95   (51.2%)

62 betting blocks left (3 hours)
Pays out in 6 weeks and 4 days
0.01% fee

Apple between $100 and $210

227.27 AAPL issued at $110 per contract (25,000 mimecoins)

Market price:   $155.16
Buy here for:   $155.14
AAPL up 0.01%
Buy Apple $55.14   (50.1%)
Sell Apple $54.86   (49.9%)

112 betting blocks left (6 hours)
Pays out in 6 weeks and 5 days
0.01% fee

Google between $70 and $140

607.14 GOOG issued at $70 per contract (42,500 mimecoins)

Market price:   $102.56
Buy here for:   $102.51
GOOG up 0.05%
Buy Google $32.51   (46.4%)
Sell Google $37.49   (53.6%)

162 betting blocks left (9 hours)
Pays out in 6 weeks and 5 days
0.01% fee

HP between $19 and $38

2,236.8 HPQ issued at $19 per contract (42,500 mimecoins)

Market price:   $28.07
Buy here for:   $28.07
HPQ down 0.01%
Buy HP $9.07   (47.7%)
Sell HP $9.93   (52.3%)

212 betting blocks left (12 hours)
Pays out in 6 weeks and 5 days
0.01% fee

IBM between $80 and $170

250 IBM issued at $90 per contract (22,500 mimecoins)

Market price:   $123.81
Buy here for:   $123.82
IBM up -0%
Buy IBM $43.82   (48.7%)
Sell IBM $46.18   (51.3%)

262 betting blocks left (15 hours)
Pays out in 6 weeks and 5 days
0.01% fee

Intel between $20 and $40

1,750 INTC issued at $20 per contract (35,000 mimecoins)

Market price:   $29.84
Buy here for:   $29.84
INTC down 0.01%
Buy Intel $9.84   (49.2%)
Sell Intel $10.16   (50.8%)

312 betting blocks left (17 hours)
Pays out in 6 weeks and 5 days
0.01% fee

Meta between $130 and $270

71.428 META issued at $140 per contract (10,000 mimecoins)

Market price:   $195.81
Buy here for:   $195.91
META down 0.05%
Buy Meta $65.91   (47.1%)
Sell Meta $74.09   (52.9%)

362 betting blocks left (20 hours)
Pays out in 6 weeks and 5 days
0.01% fee

Microsoft between $190 and $380

92.105 MSFT issued at $190 per contract (17,500 mimecoins)

Market price:   $279.71
Buy here for:   $280.13
MSFT down 0.15%
Buy Microsoft $90.13   (47.4%)
Sell Microsoft $99.87   (52.6%)

412 betting blocks left (23 hours)
Pays out in 6 weeks and 5 days
0.01% fee

Netflix between $210 and $410

25 NFLX issued at $200 per contract (5,000 mimecoins)

Market price:   $303.81
Buy here for:   $303.78
NFLX up 0.01%
Buy Netflix $93.78   (46.9%)
Sell Netflix $106.22   (53.1%)

462 betting blocks left (26 hours)
Pays out in 6 weeks and 5 days
0.01% fee

Salesforce between $120 and $250

134.62 CRM issued at $130 per contract (17,500 mimecoins)

Market price:   $185.04
Buy here for:   $185.31
CRM down 0.15%
Buy Salesforce $65.31   (50.2%)
Sell Salesforce $64.69   (49.8%)

512 betting blocks left (29 hours)
Pays out in 6 weeks and 6 days
0.01% fee

Twitter between $37 and $73

555.55 TWTR issued at $36 per contract (20,000 mimecoins)

Market price:   $53.75
Buy here for:   $53.75
TWTR up -0%
Buy Twitter $16.75   (46.5%)
Sell Twitter $19.25   (53.5%)

562 betting blocks left (32 hours)
Pays out in 6 weeks and 6 days
0.01% fee

Uber between $22 and $43

595.24 UBER issued at $21 per contract (12,500 mimecoins)

Market price:   $31.81
Buy here for:   $31.81
UBER up -0%
Buy Uber $9.81   (46.7%)
Sell Uber $11.19   (53.3%)

  Join now & receive 1 mimecoin   Market Results