I got asked about Parkbyte on Twitter today and tweeted the developer. It'd be great to get an update for 2016, even if it's just to say Hi.
thanks, I got a twitter notification on my phone
I am still here and PKB is still alive from my point of view. At present though I just don't have the time to release any updates due to a family member becoming critically ill.
When the dev get the first contract with a London parking this coin is going to skyrocket for sure, really the most hard side of this project is to sell it, when it be done, it's gonna be amazing
Why is parking company going to use this coin? How will it work? People buy bitcoin then trade for parkbyte at shitcoin exchange yobit ccex? Who will bother? When already easy payment method exists as Visa debit card also cash. This makes more complicated.
There are many benefits for a parking company to use a coin like this. Once some sort of contract is made public the involved companies will become official partners, influence the route I take with ParkByte, each get 5% of the coin supply from the premine amongst some other things.
How will the APP work? .... pretty much like this:
https://www.youtube.com/watch?v=hc8Ygg3Ag8YCar park users will initially buy PKB with BTC using an exchange built into the APP for example Shapeshift, there is also potentional for other means to buy PKB such as: Premium SMS, Existing parking machines, Gift Cards. Remember parking is usually a small amount of money £10 maximum on all of the "high risk" payment methods should be fine. In UK we can also send instant amounts from our bank accounts using services like Pingit, Paym etc, people use these now to buy bitcoin instantly. At this point I'm not looking too much into how people can buy PKB.
Sure there are already existing methods to pay, Cash requires collecting which costs alot of money as coins weigh a ton. Card Payments also cost money to transact, ParkMobile, Ringgo and other smartphone parking apps charge the users the £0.20p extra each transaction.
PKB costs 0.00000100PKB a transaction and could be much faster to get the FIAT into operators banks. There will also be a lottery type promotion where users can get their parking fee back directly from the premine.
Admittedly crypto is new tech, it might look complicated but humans are great learners and they adapt easily as adoption happens; just look at computers, internet, smartphones they were all complicated once upon a time.
