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121 sats \ 5 replies \ @0xbitcoiner 21 Sep \ on: Stacker Sports Poker Club Stacker_Sports
I feel like the fund feature on Coinos is the best solution for this. The club manager just handles the player's balance based on the transactions in the fund. So, like, if I want 10k sats to play poker, I just deposit 10k into the fund and then request the chips from the club. If a player wants to cash out, they make a request and the manager pulls it from the fund.
fund example (#1008610): https://coinos.io/fund/21878729-7c46-4131-b158-1c7b29245d13
cc/ @grayruby @BlokchainB
How do we know we won’t get rugged
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The only issue here is the custody problem with Coinos, because the fund can only have one trusted manager. Ideally, the best thing is for the fund and the club to have a couple managers you can really trust.
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It be better to set up a fedimint or use one of super test nets projects that allow us to use nostr to make a decentralized collab wallet.
Or maybe we make a multi sig wallet using nunchuck.
With on chain fees so low we can use smaller utxos then square up our accounts after a few games or once a month.
I don’t like the idea of using coinsOS especially with the issues they have had as of late
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I'm not sure we need to make this so complicated. We should probably only have one or two people managing things to avoid the theft risk. I'm down with the idea of it being decentralized. So, these collab wallets are basically like a coinos fund, but without the custody risk, right?
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Yeah since we are using a small amount maybe coinOS might not be a bad idea.
I just worry if we play for years on end and bitcoin hits $1M per coin even small balances can become large in purchasing power.
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