Once you show me some proof that this exists, i'll invest. It's a very attractive project.
But for now, it's a scam in my eyes. Vero, Aero is the Visa coin guy
We have no affiliation with Visa, Vero or any other currency claiming to be "2nd generation."
Great info, thanks!
1) No, each transaction is tracked. Assuming the full balance is sent. If X sends to Y an interest is gained for X. If Y tries to send to Z, No interest is gained until 3600 confirmations occur for Y. That could take up to 3 days. If Y then sends to Z after the confirmations Y gains an interest. If Z tries to send that initial balance from X to A. The confirmations is doubled. Now, this is assuming that the full balance is trying to be sent. It will gradually scale to the amount sent from each transaction, a low transaction will require less confirmations to generate an interest.
I look forward to hearing more, but still clear lack understanding of how this system will not be vulnerable to users creating many wallets and transferring money between them in a systematic way. It seems users may just need many wallets and carefully timed automated transfers to abuse the system?
The interest becomes more insignificant the more Aero's you have. I'll let the devs explain it in explicit detail when they are ready to fully reveal it.