Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
valr
on 18/01/2018, 21:41:25 UTC
What stops my audience from just claiming the bytes I send them for verification to keep/sell. I can’t just trust every random internet users to completely expose their identity to something new to them

Nothing. It's either a "instadump" for $8 or get verified and get $12. Once you get verified, you want to refer your friends to get those extra $20 (for every person referred). It's just human behavior. Sure, there will be people that will dump $8, are they gonna affect the price or the network? No. Moreover, how many people will you send this to? It's not like you would lose hundreds or thousands. Even if half of your referrals convert, you get your money back and then some more.

No system or distribution method is fool-proof.