Post
Topic
Board Announcements (Altcoins)
Merits 2 from 1 user
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
Mac Red
on 05/09/2018, 14:11:42 UTC
⭐ Merited by cryptohunter (2)
I think Tony should burn the remaining undistributed bytes.

This would:

1. Serve as a token of gratitude to everyone who has believed in the project so far.

2. End the current uncertainty about the remaining bytes. It was once crystal clear who was getting what and when. This is no longer the case.
Tony distributed bytes to BTC users in hopes it would give BB the best possible chance to succeed. Most agreed this was a sound system for multiple reasons.
After x months Tony believed continuing this process was no longer the most optimal route to gain new users. I can understand this reasoning as well.
Sidenote: I personally think he should have done this whole distribution in just 1-3 steps. Sure, repeating the percentage bonus over and over created hype. However it also further increased the gap between holders. Personally I'm not sure if the former made up for the latter.

But here we are and the distributions to BTC holders has ended. Great. I think Tony has done a fantastic job with this project so far. Now just burn the rest. Let us move forward from here knowing the distribution process has been completed. This would help making the current core of the community as happy as it can be before continuing the expansion outwards. You want us to be as motivated as possible to help you out with this expansion. You already have a great product and it's only going to get better..but you also need to preserve and encourage the community you've built so far.

I'd also support Tony taking 5% for himself instead of just 1. He could also ask for donations if he needs more bytes.
I bet a lot of people would be more than happy to send him some extra bytes if he'd just burn the rest.

// Mac