Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

Quote from: saruyama on September 21, 2017, 04:27:29 AM

Quote from: Rumhurius on September 21, 2017, 12:45:59 AM

whales in control of a huge percentage suck balls in the end. Cry

Reason of this failure was that airdrop allowed exchanges and big BTC holders like ICONOMI or ICO projects to participate. Exchanges were not allowed, but actually they created non-exchange-looking BTC addresses for this purpose.

I guess dumping will go on for quite some time till those big byte holders complete selling.

Perhaps Tony could have laid some freeze mechanism (airdropped bytes (or big part of it) are frozen for at least 1 year). That might have created enough time for technical and business development.

Chasing commercial partners like in 10% payback program at this stage looks a bit late to me.

But other than that, Byteball do not seem to have any big problem. Recently joined programmers may bring some surprise Roll Eyes

You have valid points, except in relation to the exchanges. Tony used some very good mechanisms to prevent this from happening.

One of them was to reject addresses with high frequency of transactions. The bot automatically reject addresses with more than 50 transactions in the last 3 days prior to the linking (except by signature, in which case chances are high that you are the real owner of that address).