Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
zanzibar
on 21/10/2016, 15:35:11 UTC
I don't want to force people to lock their funds for extended periods of time.  A currency should be used to buy/sell stuff, not just sit on a pile of coins.

It's OK that people borrow money or sell other coins/fiat for BTC or bytes just before each snapshot.

I think that's a great distribution model, you won't get people complaining about early adopter advantages when distribution % increases with time, should potentially bring in a lot more people, especially if Byteball hits exchanges before distribution is over.