Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
Announcement from chief developer Tony on Slack:
Quote
there are about 2000 people who linked their btc address since november in anticipation of the cancelled airdrop. We'll do a small airdrop for them, about $30 worth to each. Both to those who linked via microtx (and spent money) and those who linked by signing. Even if BTC balance is 0. They are all new users after all.
Nice!
A good move in the right direction!
Why not consider giving all linked accounts $30?
- After the Cryptopia Situation is fixed of course . . .and we're done
(Don't forget to include the BlackBytes as well)
In the right direction? It's even worse than simply cancelling the whole airdrop completely.
Anyway... I will keep hodling because I think Byteball is fundamentally a good idea and technology. I just hope that, in the future, it gets its shit together and begins to also have any potential as an investment too.
Fortunately, for most people it is just a matter of "don't looking a gift horse in the mouth". For the rest... just remember to "not invest more than you are willing to lose". It doesn't make any sense to keep arguing what Byteball should be or do... it is what it is, take it or leave it.
Even worse? how can you say that?
Many were out of pocket over this, and you can't really blame anyone for believing it was going to happen - that would be a bit harsh dont you think?
It's is a decent and ethical thing to do - a step in the right direction - and they are new users.
I think you make some good points otherwise.
It's even worse for the following reasons:
1) Another change of plans! First there will probably airdrop, next it gets cancelled, now it goes to some people but not others.... What will be next? Uncertainty! It would be better to just stick to a "bad" plan... than not having any plan and just keep changing everything all the time for no apparent reason.
2) It's good to send something to new users, of course. But what happens to the ones that were already faithful to the project and were linked since before november? Well, they are not new users, so no "promotion" for them... it makes sense if you are a cellphone company that doesn't really care screwing previous customers. Doesn't look like the best strategy in crypto as one of the strong points of top coins is previous customers loyalty (hodlers).
3) This "change of plans" is now a fundamental "feature" of Byteball as this has been happening since the first cancellation of regular "full moon" airdrops many months back.
4) There is still a 40% of the coins that are still pending distribution and, given the erratic pattern of decisions regarding when, how and to whom, nobody currently knows what to expect about it. Did I say uncertainty already?
And when you don't know what to expect.... it's better to expect the worse even if to err on the safe side. Fool me once... you know.
Of course 2000 \* 30 = $60.000 that is not gonna change anything price wise even if it were fully and inmediately dumped but.... the impact on previous "hodlers" confidence and trust..... that is going to hurt in the long run.
Anyway, as I said, Byteball is a project worth observing for its tech and maybe some time in the future investor's confidence is restored and it is also worth the risk of putting (more) money on it.
Again, you make some valid points, however, if they follow the added recommendation I made, things might look even better from a PR perspective.
Although it would be much less for the big guys, everyone would get something, and there would be far less to complain about
- it could also go a long way toward healing a large part of the Community that feels somewhat betrayed.
It's a decent compromise to put the best possible face on the current situation & low morale, and help Build Community.
There is good reason to believe that small accounts that are rewarded with $30 are far more likely to get excited
and promote the ByteBall asset even more - it's definitely worth considering.