Unlike traditional lottery, we have no data centers. To clarify, your data resides on the blockchain. Note that humans and centralized servers are easily corruptible. Slotto, on the other hand, is powered by 20 decentralized, elected nodes that reach a consensus every 1~3 seconds (Delegated Proof of Stake). As long as you keep your private keys safe, any kind of data tampering is unlikely.
How does it work?
After the countdown, Slotto records random sets of numbers on the blockchain. Namely, we use fortuna rand to create each draw. For this is cryptographically strong enough, nobody should be able to accurately predict the outcome. If you’ve purchased a matching ticket, your steem account will receive the prize immediately. Otherwise, the round will continue until there’s a winner.
What is steem?
Steem is a cryptocurrency that powers a social media platform. On the steem blockchain, anybody can build decentralized apps, share content, and monetize without relying on ads. It’s built to be censorship resistant because no single company or organization can control the entire blockchain. For more info, check out steemit.com.
What is steemconnect?
Steemconnect is a layer built on top of the steem blockchain. It gives you secure access to decentralized applications. In other words, Slotto does not hold any of your information, anywhere. Other than steemconnect or steemit.com, we recommend that you never give away your password or any of your keys.