Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

Quote from: zanzibar on October 17, 2016, 10:24:10 PM

Quote from: CryptoMrM on October 17, 2016, 05:39:30 AM

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.

Maybe the wallet is malware and will steal your Bitcoin, so the creator is targeting people with larger sums.

admitting..yu are not obligated to install it on same pc than your btc wallet Wink

Quote from: rlh on October 18, 2016, 12:35:51 PM

Ok, I just want to be sure that I'm clear in my understanding of this. I am looking to slow down my cryptocurrency involvement, but I am interested in getting in on Byteball. I've skimmed through the ANN and the last page of posts, but I still have a question. How, exactly, do we link our BTC address with Byteball. Honestly, I'd like to deposit my BTC and just let it sit there for a while. Is there a way I can do this today and setup up my BTC account so that it will be accessible for the distribution algorithm, or are we not ready for this?

I guess I'm confused because I thought I read that both main-net launch AND distribution starts on 12/25. If that's the case when, and how, do we lock in our BTC balances beforehand?

Thanks Tonych, and all supporters.

although this is not recommended..if yu not use yur btc yu can hold them on an btc address..or wait annoucement..follow this thread in this case.