How many users can confirm the bay coins transaction from A to B?What is the mechanism to keep it decentralized?


#1

Bitcoin miners can confirm the bitcoin transaction,currently decentralized. Byteball has 12 peoples to confirm the byteball coin transaction.Ethereum miners also can confirm the
ETH transaction,so How many peoples can confirm the bay coins transaction from A to B?What is the mechanism to keep it decentralized?


#2

We use Proof of Stake 3.0 which is the fairest way to distribute consensus power to the network’s users. See whitepaper here https://bitbay.market/downloads.
On average a transaction needs 10 confirmations for “approval”, and 120 for “maturity”. Blocktime is 64 secondes.