Ninjastic
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Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
CryptoRobert
on 13/04/2018, 12:21:00 UTC
Quote from: GiGa# on April 03, 2018, 06:29:08 PM
Quote from: IckyYak22871 on April 03, 2018, 03:27:08 PM

Ripple did this several years ago. This was fun, but they stopped it because this giveaway was gamed like hell by guys who had access to HPC clusters. I got a lot of XRP renting AWS compute instances Smiley

Did too.  This could be easily managed by only making payments to Byteball verified accounts (Jumio), and limiting the payouts to a reasonable amount of computing power. What Tony needs is a lot of people with small rigs, not a few people with huge rigs.

Great idea if it will be fine tuned so as to be reasonably sure than nobody will be able to rig the system - as it often happens when there are givaways. We have recently seen it happening with the Byteball quiz.