Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
Today, we are launching a Telegram bot that allows to pass a small quiz and get a $5.00 worth reward in Bytes. It is paid from the undistributed funds.
Full story: https://medium.com/byteball/money-for-knowledge-distribution-via-telegram-quiz-bot-2dd400e22997
Telegram bot: @ByteballQuizBot
Full story: https://medium.com/byteball/money-for-knowledge-distribution-via-telegram-quiz-bot-2dd400e22997
Telegram bot: @ByteballQuizBot
About 500 users have passed the quiz since launch (despite frequent offs due to bugs, running out of money, running out of daily quota, etc) but I observe some share of fraud too. It is not very large but concerning. To reduce the incentive for fraud, the reward will now be reduced to $2.50.
Maybe what you should do is ask users to pay $8 worth of byteball to take the quiz, then if they successfully complete it you'll send them $20 worth of byteball back
