Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
Sorry to intrude on the FUD, but......
I can only speak for myself, but I am in awe of the innovation of blockchain technology. It offers western society, and the entire world, a decentralized financial system that affords ordinary people significantly more control over their money, and potential to gain wealth.
Speaking as a millennial with thousands of dollars of college debt, who feels disillusioned with our current financial and economic system, yet still clings to the idea of the American dream...I feel like many Byteball veterans have lost sight of the intention behind a DEcentralized financial system.
...
I can only speak for myself, but I am in awe of the innovation of blockchain technology. It offers western society, and the entire world, a decentralized financial system that affords ordinary people significantly more control over their money, and potential to gain wealth.
Speaking as a millennial with thousands of dollars of college debt, who feels disillusioned with our current financial and economic system, yet still clings to the idea of the American dream...I feel like many Byteball veterans have lost sight of the intention behind a DEcentralized financial system.
...
Byteball is neither blockchain nor decentralized. Good luck with your beg.
Whether it is blockchain or DAG, or technically constitutes as decentralized, I feel that this project falls under the overall concept of the decentralized financial system many blockchain enthusiasts hope to achieve. (Also, you are posting on a forum dedicated to blockchain technology, sooooo....
)As someone fairly new to this, I will openly admit that I have a lot to learn and may not be as knowledgable as those who have been into this for over a decade...but I do not think one needs to be a computer programer to understand principles of economics, or human behavior.
But I do appreciate the wishes for luck in my byteball panhandling endeavors.