Can Scam Like Magic Dice Be Prevented?

Can Scam Like Magic Dice Be Prevented?

As you may know Magic Dice organizers seem to have disappeared completely, with approximately 190,000 USD of capital from the users. (Source: @themarkymark) I suppose the use of Smart Contracts – depositing the cryptocurrency in the blockchain until certain requisites are complied – would have the advantage to avoid such cases. Because:

“A smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties.” (Source)

That means, organizers could renounce to store values, until a rolling round is over, and only cash-in the lost amounts. Or am I wrong? Can frauds like Magic Dice be prevented?

(Photo: Own work, public domain)

• Yes, with smart contracts this type of scam could be prevented.

• No, organizers can always find the way to cheat.

• THAT were the smart contracts!

• It depends on the smart contract, who is transmitting the data to it?

• I don’t know but more reliable systems must be made.

• The whole world is a gambling place and small people will always be robbed somehow.

• All online gambling should be forbidden.

• I understand now why gambling is mostly strictly controlled by states.

• I go and put “all in” in the casino what was left.

Answer the question at dpoll.xyz.