Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
escapefrom3dom
on 06/03/2017, 19:45:40 UTC
Every round need linking address to reciveing byteball?
yes if you move your bitcoins somewhere
no if your bitcoins are at the linked address

Excellent spread coins scheme, clearly take part in Byteball. I care about one thing, it turns out that the owners of a large amount of Bitcoins will have a much larger number of Byteball than owners a few btc's. The rich are getting richer, the truth of life. But this does not negate the innovative approach of the Byteball developers!

my proposal to @tonych:

1. remove btc linking in the next disrtibution rounds and make payments proportional to the current holders balances – this will stimulate buying bytes.

2. increase the frequency of the disrtibution rounds (1 round per 2 weeks).

3. rule for the final round for a remainder of bytes – just proportional (to the holders balances) distribution.

for example: everyone bytes holder gets 10 % bytes and 20 % black bytes for all his amount.

such scheme prevents a disbenefit for the holders caused by upgrowth of the total amount of bytes in circulation.