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Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 1011. (Read 1234317 times)

hero member
Activity: 551
Merit: 500
Byteball die from wrong distribution

idiot. The ones who are in it for free coins will dump and those who didn't have BTC to participate in the distribution will be be able to sell to people who care about the project and want in

I don't get why half post in this thread is about complaining the distribution not fair, lol. Greedy? everyone wants to get more. This one is distributed freely, no ICO, I really appreciate the dev does it. Stop complaining and enjoy your free coins!
legendary
Activity: 1118
Merit: 1002
Byteball die from wrong distribution

idiot. The ones who are in it for free coins will dump and those who didn't have BTC to participate in the distribution will be be able to sell to people who care about the project and want in
hero member
Activity: 868
Merit: 1003
Any retrospective change to the distribution scheme will kill byteball stone dead, nobody would ever believe tonych again.

Just fork and use any distro method you think is better, if you're method is popular you've got a successful coin

fork never goes anywhere, the original coin always win. There are so many examples there, look at zcash, zcoin, etc etc. The copycats are all jokes, they may have some followers initially but will die quickly.
sr. member
Activity: 742
Merit: 251
slack

tonych [9:11 AM] 
it was crazy day, thank you everybody, now we are waiting 12 hours to make sure there are no reorgs, then i'll run the distribution script that will distribute bytes, and a few hours later, blackbytes
sr. member
Activity: 742
Merit: 251
everyone received free distribution of byteball? my wallet still big 0  Cheesy

Not yet distributed
hero member
Activity: 1498
Merit: 504
everyone received free distribution of byteball? my wallet still big 0  Cheesy
legendary
Activity: 1596
Merit: 1021

so 20% to kordek and 10% to sasha ivanov ..  Grin

They will distribute to lisk & waves holders most likely, it is good for byteball

as long as its shown they give it all to lisk/waves investors and dont use it as a lie to make more for themselves. how will they show transparency
legendary
Activity: 2576
Merit: 1073
Go and fork it if you don't like the distribution, make your FAIRBALL and see if it catches on.  Pages of posts by people sniffling and whining, jesus.  Obviously the OP though this out and decided on this distribution scheme, its his project.  No one is forcing anyone to participate and certainly no one is investing or risking anything.


Sure, it tonych's project, so its up to him to decide. Nobody is "whinning", people are just suggesting something they think are good for the project, unlike some who dont care at all, and just are getting ready to dump their free coins Roll Eyes

"Start your fork", "wait for another fork".. Jesus... Don't you think someone want this specific coin to succeed, not just some fork of it...

Anyway, arguing is pointless, lets see how it turns out.
legendary
Activity: 1202
Merit: 1042
Is the snapshot complete now?
sr. member
Activity: 405
Merit: 250

so 20% to kordek and 10% to sasha ivanov ..  Grin

They will distribute to lisk & waves holders most likely, it is good for byteball
sr. member
Activity: 368
Merit: 252
So will I get Byteballs on my wallet? Because I have none. Or is it when the 4 phases are done that we will get a balance?

Not yet distributed

Ok, thaks.
sr. member
Activity: 332
Merit: 252

so 20% to kordek and 10% to sasha ivanov ..  Grin
legendary
Activity: 1456
Merit: 1000
Go and fork it if you don't like the distribution, make your FAIRBALL and see if it catches on.  Pages of posts by people sniffling and whining, jesus.  Obviously the OP though this out and decided on this distribution scheme, its his project.  No one is forcing anyone to participate and certainly no one is investing or risking anything.
sr. member
Activity: 405
Merit: 250
Any retrospective change to the distribution scheme will kill byteball stone dead, nobody would ever believe tonych again.

Just fork and use any distro method you think is better, if you're method is popular you've got a successful coin

Putting a cap is not a change to the distribution scheme, its just an amendment needed to keep the main idea behind this distribution scheme - spreading the coin to as many hands as possible, providing decentralization, among other benefits. The exchange addresses are excluded - is it a change to distribution scheme? Nope. Cheaters (using funds not belonging to them, ICO or whatever else) should be excluded too, for the same reasons as exchange addresses.

With 10-20% of the currently released supply going into single hands, this coin will fail to deliver one of its main points. Note the motto: "Byteball - Decentralized value".

This is not about greed. My tiny share will not change much regardless of whether cap will be set or not. This is about caring of this project. The ones who do not care, are happy to get their freebies (which they will dump as soon as it hits exchanges). Those are the people who praise the Dev for giving them free money, and they call everyone complaining about distribution a "greedy" person. Well, it would be hard to explain something to them, as project is not of an interest to them, they care only for their free money...

A cap is definitely a change, some individuals have lots of bitcoin, how can tonych know which whale accounts are legitimate, and which are exchanges and ico funds?

If therer's a change after the snapshot now all credibility is gone. A cap was not part of the rules.

Just wait for a fork, or start one.
hero member
Activity: 910
Merit: 533
Byteball die from wrong distribution
sr. member
Activity: 742
Merit: 251
So will I get Byteballs on my wallet? Because I have none. Or is it when the 4 phases are done that we will get a balance?

Not yet distributed
legendary
Activity: 2576
Merit: 1073
Any retrospective change to the distribution scheme will kill byteball stone dead, nobody would ever believe tonych again.

Just fork and use any distro method you think is better, if you're method is popular you've got a successful coin

Putting a cap is not a change to the distribution scheme, its just an amendment needed to keep the main idea behind this distribution scheme - spreading the coin to as many hands as possible, providing decentralization, among other benefits. The exchange addresses are excluded - is it a change to distribution scheme? Nope. Cheaters (using funds not belonging to them, ICO or whatever else) should be excluded too, for the same reasons as exchange addresses.

With 10-20% of the currently released supply going into single hands, this coin will fail to deliver one of its main points. Note the motto: "Byteball - Decentralized value".

This is not about greed. My tiny share will not change much regardless of whether cap will be set or not. This is about caring of this project. The ones who do not care, are happy to get their freebies (which they will dump as soon as it hits exchanges). Those are the people who praise the Dev for giving them free money, and they call everyone complaining about distribution a "greedy" person. Well, it would be hard to explain something to them, as project is not of an interest to them, they care only for their free money...
sr. member
Activity: 368
Merit: 252
So will I get Byteballs on my wallet? Because I have none. Or is it when the 4 phases are done that we will get a balance?
legendary
Activity: 2002
Merit: 1113
i think is not fixed dev can change distrib method..there has 3 run still  Smiley

This is exactly what is fun..and intriguing
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