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Comment by safeplanet-fesa

Exactly. I am a big hater of everything that even remotely feels like a shitcoin. BAT is a silly useless project; I would not hate it if there was no conflict of interests, even if it's a silly project; but there is a huge conflict of interest - the developers want to make money out of thin air by issuing their tokens.

I already wrote this before in another comment. Basic Attention Token is not a secure cryptographic system. The idea to pay tokens for shown ads cannot be cryptographically secure. There is no known way to have a cryptographically strong "Proof-of-Watch". All that browser does is, when a user watches an ad, it communicates to its backend and asks the backend to send a token to an address attached to the user. It's not a cryptographic system that mines coins by showing ads.

It's a useless gimmick that has nothing to do with cryptocurrency. The real coins are so valuable because they are cryptographically strong. This thing is centralized and its mechanism of payments for ad views is not cryptographically strong. The token has some value only because of peoples' stupidity.

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