Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
tarmo888
on 05/11/2018, 08:04:55 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?

The distro is finished, tony concentrates on dev work ... byteball becomes a shit load more decentralized, adoption is driven by motivated community members (the ones who left and/or became disillusioned when distro rules changed) working with funded foundation.

And that will slow the adoption down even more because instead of getting some bytes for free, users need to go get the bytes from exchange. Right now, they can use many features without having to sign up to any exchange. That's why smart voucher system is great, they can get started with the help of the referrer and get started. They could even attest their identity without any bytes, so they could buy bytes cheaper with credit card. Requiring new users to go to exchanges is not a great plan for adoption. Crypto-fanatics are ok with exchanges, but one day, your parents and relatives won't even know that cryptocurrency had that kind of shitty user experience https://twitter.com/FedericoTenga/status/1058316647289798656