Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
tarmo888
on 06/11/2018, 07:17:31 UTC
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

Adoption will increase rapidly when the distro is finished, or byteball will fail ... those are the two possible outcomes.

Tony dribbling out small amounts from the undistributed 22% for years isn't spreading adoption if the vast majority of recipients don't become active users, and most are just mindlessly collecting tiny freebies, and not buying more coins and most won't become regular users.

Adoption will spread when current users who have big holdings and have a vested interest in seeing the project succeed get motivated to start working on adoption, BUT, those guys need certainty from the distro being finished, and no more changes that lower confidence.

Real adoption comes organically from people spreading something they believe in, and changing the original distro plan killed a lot of community belief and enthusiasm.

Any examples from real life where this has been the case? Or even in cryptoverse, which coin has suddenly got adoption and still alive because the distro has finished? Does your theory have any base or just a hunch?

Reality is, if the distro is finished and you still don't have adoption by that time then the coin is doomed. And if there is no development fund either then maintance stops too, it gets dropped from exchanges and dies during bear market. Just look what has been common to all the previous Bitcoin forks. Luckily, even that Byteball fucked up (wasted over 50%) with Bitcoin airdrop, they are more forward thinking now.