Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
Seccour
on 13/12/2016, 12:24:53 UTC
Let's imagine every alt since the start was distributed in this way.

It's not the case so no problem.

You take risk and you may get reward or may lose money? how is this unfair? People who are poor get rich taking risk, man rish were once poor and took a risk. You take the same risk as anyone else and you gain the same as anyone else. Nobody gets a cheaper shot at BB than anyone else.

Ok. If a poor guy use 1% of is money to rent hashpower to mine byteball. Same thing for the rich guy. The rich guy will post the same effort as you, and he will risk the same share of his own money as you. And guess what ? He will still earn more than you.

How that shit is more fair that free distribution based on BTC balance ? Where the poor guy will be able to risk only 10% of his money, the righ guy could just risk 1% and get more Byteball. So much fairness wow.

Would it not be possible to even inversely reward BTC ownership. The less you have (say minimum 0.1 BTC) the more BB you get. Im sure someone as smart as tonych can think of something much fairer than it is now.

Let's reward the poor for once? or reward the average guy? lets not always reward the rich.

First it's not possible because a rich could just put his BTC on different addresses and get more Byteball. And the rich are rewarded like the average guy and the poor. 1 BTC will get you 1 gigabyte no matter the amount of BTC you have, so unfair right ?

The rich will be richer no matter what. So let's not fuck the poor with a useless PoW coin for the Byteball distribution because you don't like that fact.



Oh and as Relaxedsense say : Nothing is going to change before the 25th, deal with it.