Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities
by
futurist
on 17/10/2014, 02:42:58 UTC


What I don't understand is why oh why would I want to hold any actual BTCD token? That is great that it is providing the highway but when I already own Nxt and Bitcoin, both will be able to use this highway no problem, I cannot understand the benefit of owning any BTCD. The risk/reward just doesn't seem to be there for me to bother making such a purchase.

BTCD holders also receive dividends from SuperNET.

In order to send money anonymously, you must own BTCD - even if temporarily.
So must everyone else. So there will be demand for BTCD. The same could be said of gold - some people like to transact in it or use it store value. Maybe not you, but if you think more of those people are going to exist, then maybe there's a case for getting some.
Then you have the 5% stake, and the SuperNET dividends going to BTCD, which are separate from the SuperNET dividends going to holders of SuperNET.


So in order to use teleport you will require some btcd?

Now here I'm a little hazy. I think you may not have to, but BTCD will be involved at some point along the way. So although you may not directly own any yourself, if you want to send BTC anonymously, it will go through a BTCD transaction, and will have a fee attached too.
People that want to use Teleport will need to have some BTCD for the fees, which will be paid in BTCD telepods.
I also think we might need to have some bandwidth usage fees to prevent spam attacks, again to be paid with BTCD telepods

James

Any way for a purchase of BTCD to be made automatically in the background to cover the Teleport fee? I think it would streamline the process.