Ninjastic
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Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
jwinterm
on 17/05/2018, 04:56:34 UTC
Quote from: Alcibiades Agnes on May 17, 2018, 04:17:37 AM
Quote from: ekoja on May 17, 2018, 01:25:32 AM
Quote from: jwinterm on May 15, 2018, 05:12:55 PM
Quote from: Alcibiades Agnes on May 15, 2018, 01:47:12 PM
Quote from: longrhm96 on May 15, 2018, 01:14:25 PM
hello someone can tell me what is byteball in short words?


Byteball is a decentralized system that allows tamper proof storage of arbitrary data,
including data that represents transferrable value such as currencies, property titles, debt,
shares, etc.

"decentralized" Cheesy

The exactly same feeling makes me the same smile Cheesy .
The way of Byteball distribution and operation  is far away from "decentralized", while the supporters are advocating the features.
I don't think the wise whales will kick in before it comes to be decentralized.

What is decentralized for you?
Can you give an example of decentralized distribution and operation?

What BYTEBALL should do right now to be more "decentralized" and win your sympathy?


There literally one guy holding 30-40% of all coins that will ever exist, who also happens to operate all twelve if the consensus forming and transaction validating nodes that collect all of the network fees. It almost couldn't be more centralized, so practically anything that's changed would increase decentralization.