Quote from: Seccour on December 13, 2016, 08:06:52 AM

Quote from: cryptohunter on December 13, 2016, 07:32:19 AM

Quote from: strasboug on December 12, 2016, 10:08:02 PM

Quote from: cryptohunter on December 12, 2016, 09:40:30 PM

Come on ....of course the more hash power you have the more coins you will mine. That's not at all what I am saying is it?

Rich guy wants to rent hash he has to pay the same as you to rent hash.

Rich guy wants BB he gets magnitude more than you will for putting the same effort in of linking his BTC whale account.

Can you see here that BB is less fair than POW?

I can't reverse time and circumstances that made him rich and you poor can I? Life maybe was not fair but in crypto you can make things a little more fair for the poor (non BTC whales)

I am saying to you that this method will ensure that he (rich guy) will put the same effort and cost as you into BB and get magnitudes more coins. Where as if it was POW to get 2x more coins than you he will have to spend 2x more? If he spends the same as you he will get the same.

Yes there will be argument he owns his farm and you are renting hash - so what he had to buy the hardware. FYI I have a tiny amount of rigs in my house and will get far less mining than I will by linking my BTC accounts.

Also lots of hash whales tend to rent hash now on launches. Most GPU huge farms stick to high volume coins to unload and pay electricity and hardware loans anyway.

Well you are right about the rich guy need to spend btc to buy hash power, but if it is a profitable operation (like for example when zcash was launched), isn't rich guys will get a lot more profits than the poor guys? so what's the diff between the distribution proposed here? It's the same as the example of bank interest someone gave before.

1. If it is guaranteed to be profitable then rent more hash sell BB and make profits. The same option there for everyone.
2. It will not be a guaranteed profit.
3. the point is everyone has to put the same in to get the same out with POW
4. This method you put the same effort in as a whale and get 10000x less.

It is very easy to see why this way is very unfair. In simple terms this method gives the whale with 1000x more BTC a 1000x more byte ball than you but you take the same risk and put the same effort in.

You simply can not view it like I am linking my 20BTC and getting something for free it does not work like that.

I have explained clearly why POW is more fair many times already in this thread please review these points and think it over.

This coin simply magnifies how much richers the rich guys are over the poor with no risk and no cost to them.

If all alts had been distributed since 2012 like this none of you guys would own a lot lot less alts and the BTC whales would own mostly all of them. All without them investing 1 cent or any effort.

You're taking no risk omg.

PoW is less fair than this distribution because you have to invest in hardware or rent and no guaranty of money back. So only those who have money to risk or hardware will participate.

Here you just have to have some BTC and you will have free Byteball regarding on how many you have. You don't have to take a risk and it's fair. You have more BTC, you will have more byteball.

Whales will have more byteball than other people bouhou. Yeah so what ? In PoW it will be the same thing and exclude more people than the current distribution.

So stop with your PoW, you're the only one that want it and the dev will not change his mind.

" If all alts had been distributed since 2012 like this none of you guys would own a lot lot less alts and the BTC whales would own mostly all of them. All without them investing 1 cent or any effort. " - Don't jump to conclusion like that because you don't and can't know.

Read my latest post I try to give you further examples because I can tell from your replies you believe what you are saying but it is literally NOT true and your reasoning is flawed because you are failing to see the big picture.

Also let me hear your thoughts on the other BTC based methods of distribution that I have proposed.

Where you reward the poor or the average holder above the rich. This again needs to be a random snapshot or one very soon. Not that i think the BTC whales will start breaking their wallet balances down to smaller amounts. Not that it would matter anyway because the rich although they could create more and more wallets it will take effort and time and hassle so they would not bother. Also they are already getting the most and poorest the least so how could it get anymore unfair even if they try to game it?