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Proof of bandwidth is an innovate idea in the cryptocurrency space, but it seems a weak point is "make money selling them on the exchange". If that is their on
by GrinningFool 12y ago
Proof of bandwidth is an innovate idea in the cryptocurrency space, but it seems a weak point is "make money selling them on the exchange".
If that is their only value - if there is no economy built around them and they have no purchasing power on their own - then they'd only see a brief pump-and-dump rise/fall like any other new altcoin.
Certainly it's an experiment worth trying, but if its sole value is in its potential for exchange, I don't see anything preventing it from becoming yet another short-lived altcoin.
Then again, the same could be said of many coins out there now that have been lingering whole weeks* without dropping to 0 value
1. some have even been surviving for months...