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1. No need to code and audit the smart contract.


With Ethereum developers need to first code the smart contract and then have it audited.

This process takes several weeks or longer. There is significant opportunity costs incurred, as developers are spending valuable time writing and auditing the ICO contract when they could be developing the actual product instead.

This problem does not exist in Byteball.

2. Launching an ICO on Byteball is far faster than Ethereum.


Due to all the manual steps required, launching an ICO on Ethereum can take 3-6 months (as many ICOs launched using Ethereum have shown).

With Byteball the process takes less than 1 week.

https://i.imgur.com/pvyDqp6.png

3. Launching an ICO on Byteball is far cheaper than Ethereum.


Again, due to the manual steps required on Ethereum, Byteball is a way more cost effective solution.

https://i.imgur.com/4jmnJZh.png

The costs listed here include both direct costs for things like programming and auditing, and indirect costs calculated based on the opportunity cost of having the ICO team work on the integration of the features list.

4. Unlike Ethereum, the Byteball wallet has integrated identity verification feature


Raising ICO funds without verifying the real world identity of investors is illegal in many countries like the USA. ICO’s using Ethereum have to manually setup and run KYC checks, a slow and expensive process.

With Byteball, KYC checks are performed from within the wallet in minutes via the partnership with Jumio. Better still, users identity is stored privately in wallet, with only a hash of the personal data stored in the public DAG.

https://i.imgur.com/3C9sPRb.png

5. Unlike Ethereum, the Byteball wallet has integrated accredited investor features


An accredited investor is an investor with a special status under financial regulation laws. Most countries restrict access to risky investments and make them available only to accredited (qualified) investors.

For example, in the USA, you can sell unregistered securities under SEC Rule 506(c) if all investors are accredited.

Selling unregistered securities to normal investors in most countries is illegal. However there is no easy way for ICOs using Ethereum to prove investors are accredited.

Since April 2018 the Byteball wallet has inbuilt functionality with verifyinvestor.com, which means accredited investors can easily prove their status. https://medium.com/byteball/attestation-of-accredited-investors-d4a8dabf683b

https://i.imgur.com/PSCMvP8.png

6. Much easier for investors to participate.


Obviously the easier it is for investors to participate in an ICO, the more likely it is to raise the funds needed.

Unlike Ethereum, the Byteball wallet is translated into 24 languages and has many inbuilt features which make is super easy for anyone to participate regardless of previous ICO investing experience

For example, each ICO has its own bot in the Byteball wallet bot store:

https://i.imgur.com/TlGlazn.png

(In-wallet Bot Store, where ICO bots are listed)

To invest in the ICO, users simply buy using simple point and click. Users can even purchase the ICO tokens using their credit card:

https://i.imgur.com/NWwifhg.png

In addition to in credit card payments, IBAN bank transfers are coming soon.

Unlike Ethereum there is no danger of users sending funds to the wrong address, through typos, as the address is pre-set.

Investing in ICOs through Byteball is also secure from phishing attacks as the buying is done in wallet.

https://i.imgur.com/s4glqjC.png

(Example of how easy it is for investors to buy ICO tokens from the personalized ICO bot)

Seems like a really good platform, however you can't discount the brand power of Ethereum

True, the Ethereum brand is currently a reason why many ICOs dont seem to explore other platforms

Byteball offer is pretty compelling when compared vs Ethereum

Also accepts three currencies; BTC, ETH and Bytes. And the Byteball architecture is more scalable on-chain. So should be able to cope with high transaction volumes with no unpleasant surprises around transaction costs for in-demand ICOs. The fees are tiny and not influenced by how busy the network is.

maybe you are right with your assumptions, but maybe it's still far away, there are many other tokens that use the same system and programs that can rival Byteball, one of the strongest in this field is NEO, you can see a very significant NEO development , they tend to focus on accelerating development, so that their systems can continue to be refined. but all do not rule out the possibility. because nothing is impossible in this world

As far as I have seen, issuing a NEP5 token requires developers and a rather hefty downpayment of 500 GAS. That's doesn't seem like a very good alternative. Stellar would probably be a better alternative than NEO. However, neither NEO or Stellar would offer Byteball's built-in KYC features, accredited investor attestations allowing legally and fully compliant issuing of unregistered securities not to mention the built-in feature allowing investors to buy the token directly using Visa/Mastercard. All of these features is usually something the token issuer have to sort out on his own, and most is both incredibly time consuming and rather expensive too. With Byteball - that comes out of the box. For free!

One of the reasons why I fancy using Byteball now. Identity verification is easy and the platform helps protect users' data.

read for the first time today about byteball and i like it very much. it looks like the perfect platform for icos. just wonder why so often eth are used for icos and not byteball.

Yeah, it's been said before, but it's all branding right now. Ethereum is top of the tree but that doesn't mean there isn't room for competition! Personally I believe Byteball has a massive future, along with ADA, NEO and ETH.

Quite good info.
I've never pay attention to ICO, but since I have my first tokens (DAEX tokens) may it will be a good move if I know more all about related to ICOs.

I couldn't agree more. There is a very big room - a massive space - for competition and Byteball is ready to get it on, prove its worth, and take its rightful place. At the top of that tree, man.  8)

Sometimes, being initially free and simple can make all the difference in the long run.

You can't do an ICO on a coin with no volume. The figure above represents volume across all exchanges over the last 24 hours. What if someone has a fairly successful ICO and raises $10M worth of GBYTE (20% of marketcap, btw). Even if they sold the entire volume quoted above it would take 100 days to divest from all the GBYTE to get working capital, and they would probably push the price down in the process. $10M isn't even that much for a lot of ICOs, and what if there were several successful ICOs. Not to mention that they would now be competing with the Byteball foundation which is presumably selling GBYTE from the premine to cover their costs and salaries. The daily trading volume and marketcap simply couldn't support a single fairly successful ICO at this point, let alone multiple. Whatever time you think you could save with respect to the chart in OP, you would spend probably at least that much just trying to sell GBYTE in completely illiquid market without destroying the price.

I feel the sky is big for all to thrive, NEO is competition for Ethereum at the moment, but there aren't as much NEO-based ICOs as there are ICOs launching on the Etheruem Network. Looking forward to seeing Byteball disrupt the space, healthy competition is needed to strengthen the space

Poor FUD, makes no sense.

If X rises to Y and Y decreases to X by the increase its back at Y

Byteball is like the Ethereum of DAG, but actually a lot more practical. Not hard to see

There's nothing uncertain about the daily volume. If you can't sell the gbyte you raise, who's going to bother trying to raise gbyte?

Would you believe me if I would say that cryptocurencies were not invented so people could, instead of using normal routs to found their project, start an ICO and found it this way.

https://i.imgur.com/pYgPZkb.png

The 70,000 Steem users that also have Byteball wallets can now win prizes by exploring real world use cases on the Byteball platform

https://steemit.com/byteball/@byteball.org/announcing-the-steem-use-a-thon-by-byteball

in my opinion you are somewhere right, but this is the distant future, now a lot of coins that use a similar system, but I read about Byteball and I like it.

I thought Byteball was just a different blockchain with no blocks! These ICO features do sound very innovative and makes ETH platform looks useless for the ICOs!! But I am no sure how long ICOs are gonna stay here. Most people aren't investing in ICOs at all.

Other than that I see that coding and auditing smart contract is not required as it is being done by Byteball already. So in case of breach of security of a project or massive failures due to smart contract, will Byteball take the blame on its head?

You can't have any meaningful discussions with a modded thread, censorship on Bitcointalk is one of the most damaging things for this forum.

- You will not be able to create a dapp on a centralized platform. https://byteball.fr/stats.php
- Last time what i saw ico's raised 15 - $150m. If you sell $250k of bytes, gbyte price will be halved. https://bittrex.com/Market/Index?MarketName=BTC-GBYTE
- Scalability of Byteball has not be proven. Last time what i saw, nodes crashed at 18tps ( https://blog.goodaudience.com/byteball-main-net-under-stress-test-c131ba85b72b). The problem of data storage is not solved.
Design flaws are described here https://blog.goodaudience.com/byteball-move-proposal-831187509ed0

Same here! At first, I thought it was that simple: just a different blockchain with no blocks. But I was surprised too by the fact that Byteball was made TO BE USED BY THE NORMAL MAN, and not just by developers.

The problem with byteball is the distribution. It made btc holders more rich. Normal users got none of the benefits.

1. dectralization will be 50% public witness by janaury 2019 as has been stated previously
2. byteball is faster and more scalable than Ethereum which most icos use
3. tps will be increased when needed as devs have said many times. no point increasing tips now when network is running at less tha 0.01% capaciity
4. byteball DAG is currently around 1-2gb I think, ethereum is more than 2 terabyte. again this is not an issue right now, and given how low storage costs its not a major concern

Which I am sure the developers would find better - and more efficient - ways of doing it.  8)

The distribution of btc holder is finish, now is:
Source: https://byteball.org/ (https://byteball.org/)

The problem with Byteball in comparison with Ethereum besides everything else is the marketing component as well. Just few people know about Byteball while Ethereum is known by everyone. Yoy may have the best technology in the world but without exposure you will never succeed...

Another big plus for the Byteball platform is that it already has implemented private assets, the most popular and built-in called ‘Blackbytes’. Transaction with Blackbytes are stored off-chain and only a hash of the outcome of the transaction is stored as proof on the DAG.

There are two exchange bots to trade Blackbytes: Beep (https://www.beeb-bot.com/) and Freebe (http://freebe.byte-ball.com/).

You can find more details about Blackbytes in our wiki at https://wiki.byteball.org/Blackbytes

I will keep it short and simple:

Being faster, simpler, cheaper does not mean Byteball or any other new blockchain can overtake  Ethereum.
Reasons why ICOs will be more tending towards ETH and NEO compared to any other blockchain:

1. Experience over the years
2. Proved its worth over these many years and  the mass adoption of ETH
3. Investors will not be very much interested in moving to a shit coin for investment for an ICO, they would simply reject it.
4. Though we have seen bad cases like cryptokitties, Bancor ICO etc for ETH super congestion, however, none of the other blockchains have seen this much network usage for clogging, Ethereum has managed to come over it,other blockchains need to show how well they can support the network in similar scenarios, and more importantly are there projects interested to be on Byteball or any such blockchain.

Really, guys, I'm getting sick of these numerous tokens/platforms that claim they'll overtake Bitcoin and Ether. The very same day these two start falling, there are lots of messages like this one.

yeah, we overtake Bitcoin and Ether it's a red flag for me. Do it or shut up.

Indicators are pretty good, but it seems to me that this ease ICO creation can contribute to the fact that on this platform, many shit and scam projects will be deployed. Maybe I'm wrong not knowing this project deeply, but these were my first superficial thoughts on this.

Easy yes, but for create a ico you need a full real identity verified wallet.
All this platforms have the problem with shit- and scamcoins, ethereum too.

huh?

nearly every single shitcoin ICO thats every happened has used Ethereum

did you read the OP? For ico funding Byteball clearly has a much strong offering that Ethereum.

The Ethereum ICO process is a train wreck, doesnt sound like you are familar with it

you are correct, that is the main problem

But once some high profile ICOs use Byteball momentum will grow

things can change crazy fast in crypto, especially when there is something better on the table like byteball ico offering

This is a good marketing comparison. I have long thought about including one of the coins based on DAG technology, and perhaps it will be not only IOTA, but also Byteball. I'm wondering if there is such a big difference between these platforms, why until now almost all companies conduct ICO on the platform of the Etherium?

Ethereum is older and has the brand recognition

never said it would overtake, said more ICOs will use Byteball as its better than Ethereum for ICOs. read the op

I never knew Byteball was this fantastic as I never cared to read it up. many projects are still launching on Ethereum because it has proved itself. As more projects use byteball for their ICOs, I strongly believe that Ethereum will be challenged in the future.

The platform is indeed very interesting and promising. But byteball has so much to prove compared to ethereum. Eth has long been In the market and has proven so much. I think it will be a long way to go for byteball to change that. The reputation of ethereum cannot be discounted.

It is indeed a good platform and could compete to ethereum. But surely not now, ethereum is almost established its platform and its users that using ethereum network is growing compared to byteball. If some users tend to make a good marketing in byteball, then we can see a big competition.

I've seen many comparison like this but you have to first take a look at marketcap and vol. ETH is most known and reliable, and as Byteball grows, ETH will too. Like sharding etc. So maybe some ICOs use it but most of ICOs will continue using ETH

Maybe the real goal of Byteball is NOT TO BEAT Ethereum but TO BE MORE USEABLE than Ethereum?

Looks like they're doing a great job at paving the road for this goal, imo.

Eth will continue to grow, that is for sure. But Byteball has massive potential, too, to be "more".  8)

agree, i have bad experiences with byteball before, though their platform is very user-friendly, with bots and all that, hoping byteball to be more stable today, nonetheless it has good potential and good future, obviously byteball is new than eth, since all icos are eth-based because of its widely acceptance in the market, being second to bitcoin, eth has more stability than any other altcoins.

Yeah, I agree. But Byteball's potential is clearly apparent, too. Can't help but be optimistic.  ::)

Although there are many reasons why Byteball is better than Ethereum, Ethereum has first mover advantage. I never expected Ethereum to survive the hard fork in which the developer decided to take back his (and his friends') money and break with the one thing that made Ethereum unique: code is law!
It turned out only one person on earth understood their code, and they called him "the attacker". That proved two things: 1. Smart contracts are useless as people who "invest" $100 million don't understand what they're doing and 2. Ethereum isn't immutable. This destroyed all use cases for Ethereum.
Amazingly, nobody seemed to care, common sense doesn't matter, and it got much worse: dozens upon dozens of scam-ICOs use the platform to sell tokens made out of thin air and earn billions of dollars doing so.

And that brings me to my point: is this a market Byteball wants to compete in? As far as I know, main dev Tony (tonych (https://bitcointalk.org/index.php?action=profile;u=412662)) always wanted real world adoption for Byteball. And although Ethereum has gained a large market share by supporting useless ICOs, (almost) all of them only have some fictional idea that will never work.

I think Tony believes that in the future crowdfunded crypto investment will become much bigger than we have seen.

but you are right, I share your frustrations about Ethereum, the current ICO space is embarassing, its a blight on the whole sector

This is exactly the reason why I am really positive about Byteball. It's a matter of USING what I have and not let my coins just sit out in the digital and crypto world.

That is true. There are a lot of real world applications for Byteball - the possibility to raise money through ICOs on the Byteball platform is just one of them. We know that Tony promoted the use of Byteball for ICOs, but is this going to be the primary use of Byteball?

It will take time. Flawed Ethereum suffered a lot from Bitcoin maximalists. Many naysayers predicting a collapse. But they prevailed, I guess from the increasing number of Ethereum coders. It is flawed, but it doesn't matter for now.

Byteball needs more developers as much as ETH.

I've known about byteball for long time now and I really like the platform. It's only the high price that has always been discouraging me to buy some of it and keep all this while. These features you mentioned are very awesome and I hope it can gain wide acceptance in the near future

High price?

It's been dropping all year.  It's the lowest it's been for over a year.

Yes. Good time to purchase.  8)

like most altcoins.

difference being Byteball has a future. read the OP

The future is bright, imo. Looking at things I can do now with Byteball, it's just a matter of time before more payment channels are open for us.

https://pbs.twimg.com/media/DmP3C3kWsAAPlYA.jpg

The Byteball ICO offering explained by Luke Angell of Byteball

Please retweet https://twitter.com/byteballorg/status/1036943971178749952?s=21

https://i.imgur.com/iXQQmZ4.png

https://medium.com/byteball/i-bet-you-win-online-gaming-and-sports-betting-have-all-the-chances-to-become-the-biggest-use-case-bf521db57b36

Alright! Let's bring it on!!!  8)

Got it.  8)

I am a big fan of Byteball and I am very happy to see a good OP outlining the yet little known great features of Byteball as far as a platform for ICO is concerned. I already knew most of these features, but to see them listed in such a comparison table is useful even for me. Well done!

I have never heard of the Byteball platform before, it was interesting to get acquainted with all the information contained in this thread. It seems that the competition for ethereum all adds up. In the future, ethereum will have a very difficult time maintaining its current position as queen of ICO.

The OP is a great thumbs up for Bytebal, like a Fomo  but I do not know how that coin can live up to that expectation of squaring up to ethereum now. I have not even heard anything about whether there is a Bytebal platform. I was thinking the Waves platform should be the biggest rival to the ERC tech of Eth. But the low market volume of Waves is not encouraging developers to adopt it for their ICO.

Wow this a bold prediction but be aware that it will take a lot to be better than Ethereum . As it is now Ethereum is the only utility token for now that has a very clear use case. Most other projects that are competitors have not come close to the adoption that Ethereum has achieved. So lets see in a few years

I totally agree with you on this. In the near future, Eth will lose its grasp at the upper echelon of coins.  8)

We got a bright future ahead. Read up or ask away if you wish to know more about Byteball.

This was a very nice and informative read: https://steemit.com/byteball/@ctrl-alt-nwo/byteball-reasons-why-it-s-a-good-crypto-and-why-steemians-should-hang-on-to-their-free-bytes (https://steemit.com/byteball/@ctrl-alt-nwo/byteball-reasons-why-it-s-a-good-crypto-and-why-steemians-should-hang-on-to-their-free-bytes)

Read last weeks Byteball email newsletter: Byteball as an ICO platform and Use-a-Thon entries BTC

https://medium.com/@byteballjesus/weekly-byteball-email-newsletter-steem-use-a-thon-update-240429954f74 (https://medium.com/@byteballjesus/weekly-byteball-email-newsletter-steem-use-a-thon-update-240429954f74)

Meaning there's no smart contract for Byteball? How safe is an ICO without smart contract, maybe this trigger the ICO's to scam investors.

Lot of ICO's now scamming, hopefully if byteball succeed with this platform they will filter every ICO who will apply to run on their blockchain to keep the good and eliminate the scammers.

Thanks for this thread and the thread maker because I own byteball and almost sell it but now I am going to keep this coin for now until the time come it will hit the dance floor of crypto.

Same here. Just keeping it as the future is bright - very bright - for Byteball.  :D

Tapas vs tacos, that decision is easy (well at least for the Spanish). But how about DAG vs blockchain? Expect this to be covered at the upcoming Byteball meetup in Barcelona September 25. Register now, free to attend but limited spaces are limited.

The World Community Grid Byteball team is participating in this year’s Thor Challenge. Total Run Time is what decides the winner. So every old computer and every Android smartphone can make a difference!

Join the team now at:

https://www.worldcommunitygrid.org/team/viewTeamInfo.do?teamId=R1RD1XTFK92teamId=R1RD1XTFK92 (https://www.worldcommunitygrid.org/team/viewTeamInfo.do?teamId=R1RD1XTFK92teamId=R1RD1XTFK92)

Corrected link: https://www.worldcommunitygrid.org/team/viewTeamInfo.do?teamId=R1RD1XTFK92

Fellow cruncher - ramp up for the Thor Challenge!

Not on the team yet? Read the details and join other 875 Byteballers to compete and win!

https://steemit.com/byteball/@byteball.org/byteball-competes-in-world-community-grid-s-thor-challenge (https://steemit.com/byteball/@byteball.org/byteball-competes-in-world-community-grid-s-thor-challenge)

Whatever happened to Titan Coin?  They did their ICO on Byteball and seem to have faded into the background.  Their Twitter feed has been dead for 3 months now.  I participated in it during the pre-phase, didn't invest a whole lot though.

Byteball version 2.6.0 released

https://github.com/byteball/byteball/releases (https://github.com/byteball/byteball/releases)

Notable improvements:

* Ability to hide unused and junk assets.  Now you can hide Nicebytes and other useless tokens.

https://i.imgur.com/eg8hZI7.png

* Creating polls from Send tab (thanks Tarmo for contributing)
* Changing display unit (GB, MB, etc) from Send tab (thanks Tarmo again)
* Suggested commands in chat: they are inserted but not sent automatically, user can edit before sending.  One of the bots will be updated in a few days and use this feature.
* Ability to scan QR codes that encode textcoin based paper wallets
* Fixed a bug which caused restore from seed to create a multi-address wallet while the original one was single-address
* Multiple minor improvements and bugfixes

 8)

They recently posted this on slack:

Thank you for the update, mate!

How to raise ICO funds (without all the hassle)

Luke Angel of Byteball recorded a video overview of the Byteball ICO offering. The general feedback has been that the Byteball ICO offering is compelling, but the video audio isn't the best.

https://www.youtube.com/watch?v=mM4pDewNDzc&feature=youtu.be (https://www.youtube.com/watch?v=mM4pDewNDzc&feature=youtu.be)

We will be adding a new ICO section to the Byteball website soon. It has taken longer than expected to build, but it is near completion.  8)

Sound could have been better, but the content is topnotch.  8)

that's one of the reasons I'm using the Butterball platform right now. Authentication is very simple , and the platform helps protect your data, which is important. It's a priority for me.

Read last weeks Byteball email newsletter: Barcelona recap and wallet update

https://t.co/iU34ZrfQCl (https://t.co/iU34ZrfQCl)

Subscribe here for the very latest Byteball news via email:

https://t.co/BqCE3EO9Tq (https://t.co/BqCE3EO9Tq)

That sounds like an interesting offering... honestly I had no idea that Byteball would even be used as an ICO platform. And this reminded me I have a Byteball wallet from a long time ago. I forget how much is in there haha

isn't byteball just completing their ICO? can the platform run so you can compare it to the platform from ethereum?

I've been a fan of byteball from the beginning.
There was a lot of talk surrounding it last year but has been relatively silent the last couple months.
IT's good that this post can have people talking about it more.

One of the fundamental misundertandings in crypto surrounds the dominance of btc and eth.
There are many who feel that one or the other will always dominate the market and the value will forever continue to increase.
Or, they think that 10 years from now btc and eth will be worth much more than today.

The truth is btc and eth won't be around 10 years from now.
They will be replaced by superior technology.
That is how things are.  What, you expected people to stick with VHS tapes forever and that people will stick with ETH forever?

Yeah, people are getting smarter and want simpler things to run things. Too complicated stuff just pains things too much in the long run. I think this is where Byteball will dig in and cement its presence.

Can't wait for new announcements and developments..

I haven't heard this before, even though I see its performance will be faster than ethereum, but still not sure to follow, even though this is not a bad idea, it's worth looking for more about byteball

Byteball is slowly - but very steadily - gaining traction. I tell you, man, you can do a whole lot witht it that's why it's worth investing in.  8)

Ethereum  is a well established platform its credibility is worthy however byteball accreditation of investors and less time consuming participation is admirable.

I am a member of Steemit platform also have an account on byteball but haven't inform about this contest or promotion.

Is this still ongoing till now?

Byteball still need more marketing team to expose this platform to the whole crypto community for it to become adoptable to people and companies especially to start up company developers for them to have an option either to use this or to stick to Ethereum Platform.

Ico are using etherum because of smart contracts
If any ICO is accepting fiat money then special permission is needed
Future ico will use bitcoin because bitcoin sidechain will be released that year even

Byteball Use-a-Thon: Byteball - Bytes As a new method of payment in Venezuela

https://steemit.com/byteball/@malos10/byteball-use-a-thon-byteball-bytes-as-a-new-method-of-payment-in-venezuela-report-3 (https://steemit.com/byteball/@malos10/byteball-use-a-thon-byteball-bytes-as-a-new-method-of-payment-in-venezuela-report-3)

sorry its over! more will follow, maybe sign up to newsletter to stay informed http://content.byteball.org/subscribe-to-newsletter

Very interesting points.
this project is very undervalued in my opinion just a few things they can fix should result in a huge rise in the near future

byteball never had an ico

I think eth will still be around, but gieven no eth app has real world adoption at any scale its still anyones market

https://twitter.com/ByteballOrg/status/1053243171260588032 (https://twitter.com/ByteballOrg/status/1053243171260588032)

Got yours?  8)

Then how did you say that the current brand of ethereum makes ICO not exploring the platforms?Lol byteball has no popularity comparing to ethereum and features of ethereum is enough and still great for the new ICO to use as platforms.and success of the project dont rely on the platforms instead this is about the team itself whos on their hands to bring success in their ico

Get to know the core Byteball team! Video interview with Casper Niebe, User Acquisition Manager.

https://www.youtube.com/watch?v=UXpypaMsZ3k&feature=youtu.be (https://www.youtube.com/watch?v=UXpypaMsZ3k&feature=youtu.be)

Our aim is that the community gets to know the team behind Byteball. Who we are, why we decided to get involved and what we are working on. Today we speak with Casper Niebe, User Acquisition Manager.

If you are a part of Byteball community on Telegram, Slack or Steemit you have probably already come across him, as he is the guy who answers far more questions than anyone else! Apart from helping out everyone in the community, Casper has quite a few other things on his plate.

For instance, he has been the main organizer of the Use-a-Thon initiatives of which there have been two so far.

Other things that you might not know about Casper:

He loves Lego

He refers to himself as a "digital creative with a firm sense of discovering new potential and with a lifelong drive and infectious motivation to explore technological possibilities". (BALR for short)

He is based in Copenhagen, Denmark.

Casper likes to describe the Byteball platform as a huge box of Lego. What do you think of the Byteball/Lego similarities? Please leave a comment below with your thoughts.

I don't agree with your point of view. I think Ethereum will decline with the decline of ICO. There is no such thing that can be surpassed. Replication is not a business, and the emergence of STO will change the cryptocurrency market.

The Byteball ICO website will be launching shortly.

But just to clarify: it's a website to better showcase how the Byteball platform is ideal for running an ICO. Byteball will not be having its own ICO.

 8)

There are now over 1,000 active WCG contributors! Join us at: https://www.worldcommunitygrid.org/team/viewTeamInfo.do?teamId=R1RD1XTFK92 (https://www.worldcommunitygrid.org/team/viewTeamInfo.do?teamId=R1RD1XTFK92)

The byteball platform seems interesting with great features, though ethereum is still the best out there in terms of ICOs. Byteball needs to prove its capability first before we can say that it can compete with ethereum. Many platforms are good during presentation but during operation that is the time where flause and issues arise.

Acceptable reasons but the mentality of most of the crypto users are already set in Ethereum as the most trusted platform that maybe because it came first in the market and it already build a foundation of trust among ICOs and Altcoins thru erc20 standard which is already proven effectively working on every projects. As before this ambitious move to replace Ethereum then Byteball should focus of how it will supersede NEO, WAVES and TRON platform that already patronize by some ICOs too to support their projects.

I like the part of byteball that launches ico faster than etherum and also the process of kyc if it's easier than etherum I think it will make Byteball more popular with ico as their exchange platform to receive and exchange tokens.

I agree with you, mate. And the use of smart contracts is really convenient.

Competition will only bring out the best results. Good one from Byteball.
However, ethereum has gained more popularity at this time compared to Byteball, the future will defined which platform (ethereum or Byteball) is preferred for hosting ico's.

The decline of ICOs are right now just the decline of ICOs on Ethereum, Because ETH is depreciating sharply as a consequence of too many ICO's teams selling ETH worth hundreds Millions of $ which they have raised in the ICOs. This crisis of Ethereum could prove very useful for Byteball becoming a serious competitor as a platform for ICOs.

Byteball is very cool altcoin, but since the time I bought this coin, it still falls  ;D.
Recently, I did an airdrop in their Byteball app (Steemit cooperates with Byteball) and I received around 10USD in Byteballs, it would be nice, if they do more airdrops, they will attract more investors I think.

However despite the fact that the value of ethereum is currently decreasing ethereum still as huge as it is before people are still using it in most of the ICO
and it's kinda seeking unconvenient to move away to a coin that's irrelevant or rarely being used for ICO.

This platform can't even beat its copy paste platform that used the same methodology (DAG) just like IOTA and NANO. Both of these coins are even popular among all of the crypto holders right now.
This is so sad to see that this shilling was failed to attract a lot of audiences.
That guy was joking i guess.

Firstly, OP shouldnt have make this thread a self moderated thread cause people will think there will be the act keeping only the post which OP like. With that been said. I like the fact that Btyeball step up their game by implementing some advanced and outstanding protocol which will make crypto ease to use but it will be hard for smart contract system to switch from ETH to Byte cause the ICOs market seems to trust in ETH.

Worth noting, the IBM backed World Community Grid has been around since November 16, 2004. Byteball has only been with the project for 6.5 months, but we are already in 42^nd place!

Thanks to Byteball Community member vimukthi for highlighting this:

https://steemit.com/byteball/@vimukthi/byteball-leads-world-community-grid-thor-challenge-2018-with-the-power-of-incentives (https://steemit.com/byteball/@vimukthi/byteball-leads-world-community-grid-thor-challenge-2018-with-the-power-of-incentives)

this will never happen because ethereum will forever remain the king of ico and there will not be more of the second project

I'm not sure it's really going to happen. Ethereum already has well established itself as efficient platform for ICO.

Has anyone looked into MOAC? Looks like they're the happy medium since they're more efficient and have cross chain compatibility

Can we expect a live ICO market in the near future?

I expect Byteball will play a key role in the future. However, I cannot see it happen soon.

Byteball is good coin and i am believe its good long term investment. I think its take more time for byteball to replace ethereum because most token in market using ethereum network. Right now many coin have same feature with ethereum and i am believe competition become harder in the future

This is a bit of a biased analysis probably intended to shill Byteball, focusing only on ease of use and omitting essential elements of such a comparison like Security & Scalability of the blockchain.

Right now one of the most important questions for any blockchain is to find a Proof mechanism that is maximally secure without inefficiently burning ridiculous amounts of energy...

Forever? The Byteball model is simply superior to that of Ethereum, imo. Ethereum, by its design, was never meant to be used to raise ICO funds. Sure it is a powerful platform, no doubt about that, but using it to raise ICO funds was never the intention. Byteball has an in-wallet feature like real world ID verifcation etc to make raising ICO funds much easier for both the fundraiser and the person buying the ICO assets. Just my two cents.  8)

In other news, https://www.bbc.com/news/technology-46150107 (https://www.bbc.com/news/technology-46150107)

A Chinese headmaster was fired for using his school's electricity supply to mine Ethereum. A better idea would have been using Byteball: no miners, no blocks, just transactions.  8)

correct, Byteball has no blocks or miners and scales way better than ethereum

That was the idea.  And people are taking notice. 8)

This is really a promising solution for campaigns wishing to launch an ICO and the advantages of Byteball over Ethereum are obvious. Now many projects are transferring their tokens from blockchain Ethereum, for example, to blockchain Stellar, TRON, EOS, and now you can switch to Byteball. I believe that the Ethereum team needs to improve its platform and make changes, otherwise they will not stand the competition.

I couldn't agree more. Too hard to ignore the crumbs that these altcoins are advancing in the whole cryptocurrency world now, right?  8)

What makes DLT appealing from a developers point of view? Please spare 5 minutes of your time and let us know what you think.

https://www.reddit.com/r/ByteBall/comments/9zgheg/cryptocurrency_from_a_developers_point_of_view/ (https://www.reddit.com/r/ByteBall/comments/9zgheg/cryptocurrency_from_a_developers_point_of_view/)

I agree that byteball has a good potential in the market, this could be the one coin that can challenge ethereum in terms of creating a token for new ICO honestly I am not into Byteball yet but will definitely look to it, ethereum is in difficult situation now because so many holders are dumping it now.

Now is a good time to check Byteball out. New distribution method will happen soon!  8)

Yes, no doubt your well-supported arguments are true, but this is unlikely to happen anytime soon. ETH is a popular name and platform, Biteball must be publicized so that everyone appreciates the advantages and simplicity of the platform and is widely known