Quote from: Cryptoon on March 23, 2017, 10:49:33 PM

what are you talking about?
Tony keeps 1% for him and this 1% doesn't take part in 10% for bytes distributions. Just read announcement.

Where does the other "1%" go?

That is "1%" + "1%" of 100% planned supply. But only 13.7% of the supply has been issued. And the incentives for the remaining rounds are not favorable. Apparently very little additional supply will be issued. Thus each of that "1%" is actually 7%.

Can't you do elementary school math. Do you blindly believe everything you read without thinking. What is not clear is whether the 1% referred to is only of issued supply or of maximum planned supply..

Edit: I see the other 1% goes to user wallet installs. So Tony is going to end up with about 6 - 7% apparently. Or maybe it is a deception?

Quote from: tonych on September 05, 2016, 04:00:28 PM

Initial distribution

There will be no ICO, no crowdsale. I believe the success of a currency depends on the number of people who own it, in fact Peter Rs research suggests that historical marketcap of Bitcoin follows Metcalfe's law: https://bitcointalk.org/index.php?topic=572106.0, i.e. it is proportional to the square of the number of active users. Thats why I want Byteball to be in the hands of as many people as possible:

98% of all bytes and blackbytes (the private untraceable currency) will be distributed among bitcoin holders who link their bitcoin and byteball addresses before any of the distribution rounds. No investment required, you keep your bitcoins, plus receive the bytes and blackbytes. See below how to receive the coins.
1% I reserve for myself

-----------------------------

One last thing. The remaining 1% will be given away to the first 100m users who install Byteball wallet, 100 Kbytes to each user. This will start 6 months from now or later, after we get ready for that scale.