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A beautiful new distribution method



As you probably already know, 99% of all bytes are to be distributed for free. We have tried various methods with varying degrees of success. Last week we started what is most definitely our most useful method yet: World Community Grid distribution.



The World Community Grid is a project that enables volunteers to donate spare computing power to help scientists try to solve healthcare, environmental and sustainability problems. Computers that participate in the programme can now receive bytes. Sounds like crypto mining, right? Similar yes, but with a crucial difference. The computers are also contributing to something of value in the real world.



It is hard for even for the ardent Bitcoin and Ethereum fan to claim that mining farms running 24/7 and using huge amounts of energy is a good thing. Sure, we know why they are doing it, but the crypto energy use issue is a public relations disaster for the crypto market as a whole.



Well, thanks to our integration with the World Community Grid, over 700,000 volunteers on the network can now receive free bytes, without being responsible for mass pollution like Bitcoin and other PoW projects. Please see this official release for more info, including details on how to join (it’s very easy!).



Mainly thanks to the Byteball community



This latest development was largely a community driven project and went as follows:



ptrk made the suggestion on bitcointalk

@neversaynever developed the bot

@punqtured organized translations of the bot into 15 languages

@slackjore added a WCG distribution page to the wiki

Launch!



The whole process happened incredibly fast, as the grant for neversaynever to create the bot was only approved a few weeks ago.



We have a Byteball team at WCG. Joining is not required to receive the rewards but highly recommended to see our combined contribution to World Community Grid. At the time of writing we have 44 members. Let’s get that to at least 100 before the next newsletter!



Media Kit



Media kit version 1.0 has been created by Byteball Jesus that Tony C has approved. It will be added to the website ASAP, hopefully by May 5. Sorry, obviously this should have been done a while ago.



Two prominent crypto Youtubers have a chat



Louis Thomas and Marc De Mesel uploaded a video discussing various things, with Byteball being analysed (very well) by Marc here. In fact we would like to quote something Marc so beautifully said. The quote below is not word for word, but it’s close:



“Money is changing. It used to be a scarce resource, but with crypto it has become an abundant resource. The challenge is not about having it but attracting people to your money system. Byteball has a good business model based on this, distributing coins in exchange for adoption.



Bitcoin creates coins as a reward for miners, but you can make this a lot cheaper…miners are validating transactions but it doesn't have to cost so much...instead of rewarding miners you can reward people that are responsible for creating value for the project. Validating transactions is not a high-value addition to a coin. The high value is attracting people and building apps for the platform, both of which Byteball does.”



New Byteball P2P sports betting exchange



We mentioned recently there is a new P2P sports betting exchange being built to run on the Byteball network. The name can be revealed as Trade The Odds, please follow them on Twitter for updates. Tweet Share Forward Questions about Byteball? Please ask them on the Byteball Subreddit, Telegram, Slack or search the Wiki.