Hacker News new | ask | show | jobs
by Maro 3088 days ago
That's a good point. It assumes they don't control the miners, and don't demand "registration" to participate, which would void anonymity. It still sounds like they could use an existing coin though, no?
2 comments

Sure, but then they wouldn't get a few billion dollars of free money.
I'm not sure what you mean by "control the miners" — they're building this on OmiseGo, which isn't mineable.

All of the substantial ICOs require some level of KYC/AML registration for direct public sales and pre-sales. Tokens later become available to everyone else through independent exchanges, which happens quickly these days.

Where did you see that they are building on OmiseGo?
It will be an eth token like OMG until they launch their 'main chain and 2^92 sidechains' LOL! good luck with that