Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

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

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.

It is POW. You can't "rig the system" - that's the point of POW rewards