Quote from: demiculus on April 30, 2018, 03:51:27 AM

Quote from: dababe on April 16, 2018, 06:29:44 AM

Quote from: amjustme on April 13, 2018, 04:51:50 AM

The website have very little detail about the project.

The only thing giving this attention is the price.

How about reading their whitepaper?

I read it, all it says it we're going to figure things out in the future. It is not an actual white paper that describes how they are going to do what they are doing it nor has anything technical, practical, businessy(couldn't find the correct word sorry for my english).

So I have a couple questions regarding to this coin. I'd be happy if anyone could answer them. I've tried reddit, their telegram & i've recently mailed them. Now I'm trying here.

1. Mithril is mined through social media popularity. This encourages like for like, view for view behavior. How is mithril overcoming this problem?

2. As far as I've seen Lit is a centralized app. How can other social media developers integrate mithril to their platform? The blockchain needs to be able to process millions of micro transactions in order to validate each like/view, such scalaility does not exist yet on blockchains. From this I see that mith won't be useful until either they build their own scalable blockchain or ethereum ads sharding, where both solutions seem to have 2+ years. So will mith be any use in the next 2 years? If so what?

3. Mithril will be used by merchants thus giving it value, why would merchants use mithril instead of btc/eth/ltc?

Thanks

I agree it's a great project,Having a working app and adding exchanges almost every day, not to mention large volumes means some whales can not manipulate.