Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
IckyYak22871
on 17/01/2018, 19:44:06 UTC
Tony Churyumoff, Founder, Byteball, added: "By partnering with Jumio, we bring identity to the distributed ledger, both for ICOs and other financial transactions, creating strong connections between the crypto and the real world.
I assume this can be used to airdrop coins on unique individuals, right?
But I doubt many people will be willing to share their private information for some Bytes.

You don't need to share your private information. Your ID is stored in your wallet, and you disclose it only when you really need. Hash of ID is stored in DAG, and this proves that you have a valid ID.