Paper 2019/362

Game Channels: State Channels for the Gambling Industry with Built-In PRNG

Alisa Chernyaeva and Ilya Shirobokov and Alexander Davydov

Abstract

Blockchain technology has immense potential. At the same time, it is not always possible to scale blockchains. State Channels solve the problem of scalability while increasing the blockchain's speed and efficiency. State Channels present a workaround to current blockchains' TPS (transaction per second) bottleneck. We used State Channels as a foundation and created Game Channels. We built it around the needs of the gambling market. We also developed Signidice PRNG as well as a dispute resolution mechanism. Signidice uses unique digital signatures and is also described below. The potential use of Game Channels technology is not only gambling; some types of online gaming may also be able to use it.