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The new PoolTogether is here! PoolTogether is a decentralized protocol for no loss prize games. That means no one controls your funds! Because of this, if you want to upgrade to the new V3, you’ll need to initiate the transaction.

We’ve worked to make that as easy as possible. If you have tickets in V2 and wish to upgrade, here is what you should do:

  1. Go to the “account” page on the new PoolTogether: https://app.pooltogether.com/account
  2. Connect your wallet
  3. Tap “tickets”
  4. Tap the “Upgrade to V3” button

That’s it! You’re done. If you don’t see the “Upgrade to V3” button that means you have no tickets to upgrade. …

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A hurdle to using PoolTogether and other Ethereum based applications are transaction fees (officially referred to as “gas costs”). This article explains what they are and how to minimize their impact.

  • When you make any transaction on the Ethereum network you must pay a transaction fee. 100% of this transaction fee goes to the computers that secure the Ethereum network. None of it goes to the application you are using. The transaction fee is paid in ETH (Ethereum).
  • Transaction fees are the same regardless of how much you are transacting. …

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The PoolTogether V3 Protocol improves randomness generation by utilizing the Chainlink VRF (verifiable randomness function). This integration enables the protocol to randomly-select prize pool winners without needing to rely on the core team.

Chainlink VRF is a secure RNG (random number generator) purpose-built for smart contracts that generates a provably fair source of on-chain randomness. …

Leighton Cusack

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