The bet.honkhonk.io flipstarter finish line lottery: 2 BCH

Fellow Bitcoin Cashers!

UPDATE: This lottery is finished. The winner drawing is in motion: https://read.cash/@btcfork/winner-draw-of-2-bch-bethonkhonkio-flipstarter-lottery-22995d05

I am opening a 2 BCH lottery, open to anyone who has already contributed to the bet.honkhonk.io flipstarter or pledges even a minimal amount via

https://flipstarter.honkhonk.io/

The flipstarter expires in about 3 days. The current minimum pledge is about 0.008 BCH, so it's a very low bar to lottery entry!

I am setting no minimum pledge level for participation in this lottery because I'd like as many people as possible to have a shot at winning it. The minimum pledge is automatically determined by the Flipstarter software, it's not under my control.

Remember when you make your pledge, to put your SLP address in the Flipstarter plugin box under your name, so it shows up in the Flipstarter and you can receive your SBS tokens as per that Flipstarter (1 token per $1 of pledge - but only for those who put their SLP address in!)

Read the "Lottery Rules" section below for more info!

Lottery rules

1. The 2 BCH prize will be awarded to ONE participant who made a pledge

2. It will only be awarded if the Flipstarter is successful (bear in mind that if the flipstarter is unsuccessful, you lose no money as your pledge is not collected!)

3. The winning entry will be chosen as follows:

   1. The list of pledger names will be collected if the flipstarter is successful, and collated (put into a standardized sort order) using the 'sort' program on Linux run under the 'C' locale.

   2. The sorted list produced above will be numbered in ascending order, starting from 0 for the first entry in the list.

   3. The winning entry number will be determined by taking the last "as many as needed" least significant bits from the hash of the block that confirmed the bet.honkhonk.io flipstarter crowd-funding transaction. A flipstarter can only accomodate about 600 entries, and the final number of entries is uncertain, but there are enough bits in the hash to take as many as we need so that we can do modulo-the-number-of-entries and get a winner number in the range 0...<number of entrants-1> .

   4. The winner will be announced on social media (readcash, Memo, Twitter, etc), and I will try to contact them to get a payout address for the 2 BCH prize. If they are not contactable within 5 days, a new winner will be chosen as follows:
      Take the next unused least significant bit in the hash. Call it a "movement bit". If it is a 0, the next choice is the one lower in the list than our previous (or wrap around if the chosen one was the last in the list). If the "movement bit" is a 1, we move UP in the list from the original choice. Again, I announce and try to contact. If unsuccessful, another "movement bit" is taken, and we pivot again (around the so far tried set of entries) to pick the next winner. Eventually we will find someone, or run out of bits, in which case I will take the block hash of the block *following* the flipstarter confirmation block, and we repeat the procedure to find a winner, based on the new block hash.

I wish you good luck, and have fun!
Honk!

Mini-FAQ:

1. Q: How do I know you (btcfork) will really pay out?
   A: I have contributed to a lot of previous Flipstarters, am a well know community figure, have run several bounties honorably (you can check my readcash or Twitter account) and I'm good for the money. To prove it, I will publish a BCH address holding 2 BCH in the 48 hours after publishing this article have published a proof of funds.

2. Q: The minimum amount is too high for me! How can I participate?
   A: Sorry, I can't do much about that, you will need to wait until more people have pledged so that the minimum amount comes down. I hope it will, soon!

3. Q: What if the flipstarter site stops working after I pledged?
   A: If the site breaks and the flipstarter is unsuccessful due to expiry, no-one's pledge is collected, and this lottery competition must unfortunately be cancelled. If that happens and the organizer decides to re-start the flipstarter, I will *consider* re-opening this lottery, but in that case you need to re-pledge on the re-opened Flipstarter to have a chance - your old pledges won't count again.

Any further questions? Please leave in the comments below. I may add them to the mini-FAQ below if I deem them important.

I welcome people to translate this article into various languages.

Lead image: based on photo by Emiliano Vittoriosi on Unsplash