Thanks, got the bytes! waiting for GBBs.
I'm happy that the overall distribution will be accelerated by the doubling at the next round! With that the coin's value shoud settle faster.
Uhhh, NO.
They are not doubling the distribution.
Byteball is doubling the BONUS at the next distribution.
- Instead of a bonus of 10% of your byteball balance, you get a 20% bonus.
So, if you have a balance of 1 byteball now, you will get a multiplier of 1.2 on the next full moon (distribution) = You will have 1.2 byteballs.
Let's say for this distribution (May 10th) you had 16BTC linked.
You received (16*.0625 =) 1 byteball.
So, if your balances don't change for the next distribution (June 9th), you will get.....
(16*.0625 =) 1 byteball + 20% increase of your prior balance (1 byteball from May 10th = .2 byteball)
- Your new balance will be a total of 2.2 byteball
Another way to look at it:
1 byteball (May 10th)
1 byteball (June 9th) + 20% of 1 byteball from May 10th
------------------------------------------------------------------
2.2 byteball total