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RE: Exploring Byteball - What is it? Why is everyone posting about it? How to get free tokens?

in #byteball7 years ago

Like most people, I was initially attracted to Byteball because they were giving away free tokens.

Please rethink. There are no free tokens. You always end up giving away something. Mostly money, often personal data.

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What you give away with linking your Steem account to Byteball account is a data that is already publicly available on Steem blockchain. Only thing you do during this process is that you verify that you have access to that Steem account and that is done via SteemConnect.

Byteball Bytes are given away for free because it doesn't have distribution method like mining, so it needs to give all the coins away to users who will use it, but that applies to pretty much all cryptocurrencies that there is no point for them it they are not used.

The referrer used to give free bytes to referrals to cover Steem attestation fee but now no need. Just click a referral link, install the wallet and so on. Real name attestation is not required, it is only an option. :)

Alright, thanks!

I had to download and install their open source wallet software, and then sign a SteemConnect transaction with my posting key. Do you consider this a cost?