Free Byteball Tokens for Bitcoin Holders

in cryptocurrency •  7 years ago 

Free Byteball Tokens for Bitcoin Holders

Special thanks to my friend @alebvieira (again) for the tip.

Byteball is a conditional payments platform with an integrated chat. You can bet, insure yourself create hedges and input it into simple smart contracts. Moreover, you can use several chatbots within the chat. It is all P2P.

More on Byteball later, I'm here to tell you about their fair distribution policy. Just like with the Stella-Lumen tokens, Byteball tokens are being offered for free for whoever hold bitcoin and proves it.

According to their website:

98% of all bytes and blackbytes will be distributed to current Bitcoin holders who bother to prove their Bitcoin balances during at least one of distribution rounds. No investment is required, you need just to link your Bitcoin and Byteball addresses by making a small BTC payment or by signing a message with your Bitcoin address. Then the number of bytes and blackbytes you receive in each round will be proportional to the balance of your Bitcoin address in the snapshot block of that round.

In the first round, over 70,000 BTC was linked, and we distributed 10% of all bytes and blackbytes according to linked Bitcoin balances in the first Bitcoin block timestamped Dec 25, 2016 (Christmas block). In the 2nd to 6th rounds, we distributed another 15.5%, over 450,000 BTC was linked.

In the 7th round, which is scheduled for the full moon of July (July 9, 2017 at 04:07 UTC), we'll distribute 62.5 MB for each 1 BTC of linked balance and 0.2 new byte for each 1 byte you already hold. To participate, install the wallet and chat with the Transition Bot that will help you link your Bitcoin and Byteball addresses. Track linking progress at transition.byteball.org.

I haven't done it myself yet, but soon will. Free can't be bad !

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