PROOF OF FAIRNESS
Last updated
Last updated
MOONBETS is launched in partnership with Magic Block's VRF technology- a reputable application for randomization on-chain.
Each BET on MOONBETS platform is assigned a random number after the wager is made, and BET placed
A network of independent oracles on MagicBlock's behalf collaborates to generate the randomness
Mathematical proofs verify that the result is truly random and unmanipulated
The verified random value becomes available in the MOONBETS application, and if the number generated from MagicBlock matches the number that is assigned to the bet- that is a WIN and the player wins 2x their wager. If the number is NOT a match, that is a LOSS.
The process happens quickly and directly within MagicBlock’s infrastructure, without external services or complex integrations.
You can read more on MagicBlock's official sites: