Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
tarmo888
on 05/11/2018, 07:48:13 UTC
Quote
this makes that 22% is still left to distribute. Only difference is that Byteball tries to distribute it fairly, but Bitcoin basically distributes to those already rich guys who have the most computing power.


22% of coin supply distributed as a final new year moon drop, then Tony exits into the background to enjoy his hard-earned 1% and concentrate on dev work, leaving foundation to assist community members in further promotion activities and spreading adoption. That would put byteball back in top50 almost immediately!

And then what? Moon drops are over, already over half were distributed like that, if they waste the rest of 22% by giving it away like that then they don't have funds to reward newcommers anymore. Everybody suggesting more moon drop like distribution are thinking about getting themselves richer, not about mass adoption, which is the goal. What's the point of having more bytes if there is no users. That's why Bitcoin doesn't distribute everything at once either, but it's distributed over 100 years.
distribution to steem shitposters doesn't help to adoption. Show me merchants who joined after steem or wcg distribution. (Sigh) 99% of the merchants joined in time of bitcoin distribution. Milano enthusiast joined with help a bitcoin distribution.
Your team is the anchor around byterbal neck.

Steem and WCG distributions are so small compared to how much was wasted with moon drops. So, where are those HODLers now? Are they still using Byteball? Do they still have bytes or they just sold them to buy more BTC, so they could get more bytes with next moon drop, so they could sell it to buy more BTC again, and so on. Bitcoin distribution didn't work and that's why it was discontinued. Better distribution methods are available now, which engage unique users and distribution will take lot more time, which is better (for mass adoption) in long run.