It was promised that the distribution formula will change in the future rounds to give more new Bytes to current Byte holders relative to BTC holders.
On June 9 we'll have the 6th round of distribution, and after more than 4 months in the wild and having survived multiple post-distribution dumps, I think now it feels safer than before to participate in the distribution with Bytes, that's why the formula will change in favor of Byte-holders. Also, I want to accelerate the distribution to minimize the perceived uncertainty connected with undistributed coins.
So, these are the rules for the distribution on June 9 (nothing changes for the today's round):
BTC to bytes: (no change) 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: (no change) 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: (2x increase) 1 byte on any Byteball address gives you 0.2 new bytes
Bytes to blackbytes: (2x increase) 1 byte on linked Byteball address gives you 0.42222 blackbytes
On June 9 we'll have the 6th round of distribution, and after more than 4 months in the wild and having survived multiple post-distribution dumps, I think now it feels safer than before to participate in the distribution with Bytes, that's why the formula will change in favor of Byte-holders. Also, I want to accelerate the distribution to minimize the perceived uncertainty connected with undistributed coins.
So, these are the rules for the distribution on June 9 (nothing changes for the today's round):
BTC to bytes: (no change) 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: (no change) 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: (2x increase) 1 byte on any Byteball address gives you 0.2 new bytes
Bytes to blackbytes: (2x increase) 1 byte on linked Byteball address gives you 0.42222 blackbytes
Spread the news, please retweet: https://twitter.com/cryptkeeperbtt/status/862417062869835776
Ok cool, any specific reason for the increase to 2x on holding bytes?
i guess the hot potatoes game is getting in the next round.
anyway i could imagine byteballs getting 1bln marketcap like NEM. community growing, this will be a good token for a pump.
