Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
Coiner_
on 07/11/2017, 15:34:16 UTC
@coiner.

Fair enough answers i think.

Different views/perspectives that is all.

I don't know why anyone would not like fair launch POW.

IMO it makes the bar of entry that much higher. Needing to download the entire blockchain (which may be several gigs), having an (almost) always on internet connection, a truly top of the line system/mining farm setup and worrying about how much kwh you're using effectively disqualifies POW for me as a means to get any crypto for the foreseeable future.



Gbb is private asset. Not sure if people want to trade that on exchange.

Yes they do. You too can buy and sell GBB on http://www.beeb-bot.com/
U talking about in wallet bot. I'm talking about exchange where you have public addresses. Gbb is private asset. There is no blockchain to track it. So therefore gbb is different than public assets/tokens or gbytes.

I agree with ByteFan here. Monero, Zcash, Zencash etc. all lay claim to the "best privacy crypto" title but unlike GBB they're all tradeable outside the confines of a wallet bot, on Bittrex no less. I'm not that knowledgeable on how it works so I have to ask: what is it, specifically, that makes having Monero on trex still private but not GBB?

Reading through answers like these and threads like this makes it appear like GBB isn't all that private and/or won't ever stop being a really niche privacy crypto.