March 14, 2018 Bitplay Club has announced the launch of its 5-36 Provably Fair Bitcoin Lottery, a further development of its blockchain-based product portfolio. The 5-36 lottery inherits many good features of its 6-45 predecessor. The most important is the method of drawing numbers. The method takes hashes of recent blocks found on the blockchain. Using these as a basis, and a publicly available formula posted on the company’s website, the algorithm determines the winning numbers. Dependence of drawing results on blockchain block hashes guarantees randomness, and removes any doubt that the lottery operator can somehow influence the drawing outcome.
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