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Question: What do you think about Sakbit
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Author Topic: SAKBIT - Official Thread  (Read 275 times)
Sakbit (OP)
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December 18, 2017, 01:52:00 AM
Last edit: January 15, 2018, 05:59:18 PM by Sakbit
 #1

To all SAKBIT users,

Thank you for using SAKBIT! SAKBIT is no longer functional.
dixon98
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EQUAL Network Token


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December 18, 2017, 03:08:34 AM
 #2

"Sakbit was created as an alternative to the average cryptocurrency."

Would you be able to elaborate in what ways will it be more superior to the rest of the average cryptocurrency?

One way is to make transfers more efficient. For eg, the recent surge in cryptokittens transactions almost crippled Ethereum.

              EQUALtoken.io      ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄  ▄ ▄
▀ ▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀     SELF DEFLATIONARY CRYPTOCURRENCY
cryptoblackhat
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December 18, 2017, 03:15:22 AM
 #3

I'm still not quite sure I understand the value of an altcoin that is centralized in the sense that the creator can arbitrarily change its value. This sounds a bit like the US reserve bank, where they can arbitrarily change the interest rates to manipulate the value of the currency Smiley It would be great if you could elaborate more on how people will trust an altcoin with this situation.

Also, when I visit the "join" link in your initial post, I see the following error message:

"This feature is currently under maintenance.
We are updating the site to improve your experience. The feature you are currently attempting to access is undergoing enhancements. Please try again soon."
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