Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
CryptoMrM
on 17/10/2016, 05:39:30 UTC
Hiya,

Just read through the entire thread.

Looks like a very interesting project and kudos to you for the initial one man approach without funding.

I am, like many people have expressed, disappointed that people with lot's of BTC will be rewarded significantly more than those further down the food chain. Whilst I believe in capitalism and all that, I still find it hard to believe that if I wanted to really get behind this project someone who's sat on their arse doing nothing with 1000 BTC claimed will likely have 100 times more incentive than me to do so. The fundamental difference is that this is not an 'equal opportunity for all' or a socialist 'equality of outcome' but rather a perverted 'opportunity significantly weighted for the rich' without any risk involved which is a key differentiator. Not to get into all that but it's a shame and I hope it doesn't come back to haunt the project.

I see you recently added the staged distribution which is nice and I think will help the project itself. As this user stated - I share the same thought:

this may be a double-edged..but at least this leash one chance for little fish get more.

As an investor/trader this is definitely one I will keep an eye on for what is effectively a 'free' stake regardless!

Best of luck with it,

Ben.