Quote from: error08 on March 07, 2017, 11:57:38 PM

Quote from: iamnotback on March 07, 2017, 06:39:54 PM

Quote from: thejaytiesto on March 07, 2017, 04:49:04 PM

I am considering investing on this altcoin but im still not sure since iamnotback addressed some valid concerns on the project and I want to invest in something long term not in something that has flaws and will have to deal with big problems in the future. I wish someone did a coin strong enough that it will not meet dead ends eventually but the question... this coin may not even exist. All coins may be cornered into hard forks and controversial situations in a long enough timeline.

You also know that I told you (and others in private) that Byteball might be one of the most intriguing of tiny marketcaps to speculate on. If they had given away Bytes to every Bitcoin HODLer, I expected a selloff. But instead apparently what they did is only distributed to a very few who bothered to show up on time, so the coins have been concentrated amongst for example ICONOMI got roughly 9% of all Byteball issued. So perhaps the selloff won't be forthcoming. I dunno because I haven't been following it in detailed study since.

Nothing is perfect. And they could potentially improve over time.

But the flaws I outlined are somewhat onerous, especially their transaction fee design appeared entirely unscalable to me unless they've since changed it or clarified something I didn't know.

@superresistant, seems what you are calling a "smart contract" could possibly be done with Bitcoin's scripting?

Agreed, I triggered by the idea of this coin since the first time I read it, free distribution but the amount of bitcoin in everyone wallet which bothers me. I mean, who has huge amount get huge portion of byteball, a rich man becomes more richer. Byteball has taken second place of the higher exchange rate right now at $67.56, marvelous.

Byteball distro in round 1 was heavily beneficial for btc holders, but for all later rounds not so much. From round 2 onwards much better to use btc to buy byteball and get 10% compounding for all later rounds than link and get measly 62MB byteball. More than 12 more full moons to go, so distro creates BB demand, which creates higher return each round, which creates more BB demand etc As long as dev keeps to schedule BB can only go up.