BAT Thread

[Anonymous No.19032534]

BAT bros... did we just get exit scammed?

https://brave.com/mjolnir-tooling-for-bat-apollo/

what the fuck is this shit?

[Anonymous No.19032606]

>>19032534
Aware a brainlet. What's the issue?

[Anonymous No.19032630]

>>19032534
y do u repost this two hours later

[Anonymous No.19032684]

>>19032630
this is the first time I posted this, think Brave just released the announcement

>>19032606
I'm still trying to make heads or tails of it. It's way too complex for my miniscule-sized brain, but from what I can understand it has to do with moving BAT off of Ethereum, or at least moving BAT to a more centralized Ethereum sidechain

[Anonymous No.19032713]

>>19032534
>ROI after three years: 12.53%

Fucking kek

[Anonymous No.19032770]

>>19032713
yeah they're taking their damn time building shit, it's no pump & dump that's for sure

[Anonymous No.19032889]

>>19032684
>Permissioned blockchains, on the other hand, have transaction throughputs orders of magnitude higher than their public counterparts while potentially improving privacy. Permissioned blockchains benefit from less expensive consensus algorithms and lower communication costs. Permissioned consortiums can be broader and more open than mining consortiums if they’re chosen carefully: ultimately we think a consortium can be as decentralized and censorship resistant, or even more so than mining consortiums or proof of stake schemes, which all potentially suffer from oligarchic problems. Based on this, we consider permissioned blockchains a reasonable compromise when choosing building blocks for the future Apollo phase of the BAT ecosystem.

Yeah I get the same understanding. Rationale for doing it is above. Question is what will happen to BAT? Fork or will it just remain a private sidechain and final result will be reflected on mainchain?

[Anonymous No.19032913]

>libfaketime
kek

[Anonymous No.19033118]

>>19032889
Sounds like they might use a side chain for instant accounting and the main chain is used once a month for finality. I'm thinking it works similar to the lightning network.

[Anonymous No.19033200]

Why don't they use chainlink to account for them?

[Anonymous No.19033218]

>>19033200
chainlink's for sure on their radar, if they need it they'll use it

[Anonymous No.19033292]

>>19033218
They have a lot of cryptos on their radar. They might end up using some weird chainlink,solana, permissioned chain system. Right now they mainly use a server to account and then settle once a month during payouts. I think this new system just decentralized it even more with the main goal being further and further decentralization.