It's the best you can do with your "expertise", I didn't expect anything better from you. Right back at you with your "pictures" and "Byteball is not an actual DAG coin and does not scale". |
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Stop spreading lies and distrust in Byteball in here at least, calling it "not a true DAG" comparing it to blockchain, insinuating it cannot scale etc.
I think I made it clear that I'm "not convinced". Not sure about your version of English, in mine it means that I'm not sure that my position is correct and some proof of the opposite would be handy. So far the topology of Byteball resembles the topology of GHOST-based blockchains ( https://eprint.iacr.org/2016/545.pdf). You were asked to generate 10 TPS on the testnet, but you refused. I'll wait for someone else who is interested in actual analysis of Byteball instead of cheerleading. As promised, ms paint skills revealed.
https://i.imgsafe.org/aceb5ebdab.png |
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...
The distribution rules:
BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.1 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.21111 blackbytes
...
I received my bytes, but how can I see if I received Blackbytes ? If you select the Send tab do you see a scroll down list to select blackbytes? The Home tab should also have 2 small dots under the "100 000 bytes" in big large font, clicking the rightmost dot will show the amount of blackbytes. Many people made the mistake of linking the bytes-address with transition bot, but then made a payment, and all the bytes were moved to other address, so missed the free blackbytes. |
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Hahaha, argument by pictures. Oh look Ill show you my ms paint skills when I find the time.
So you are a liar and spreading this "byteball is not true dag coin is bitcoin blockchain sidechain lulz" shit.
So you won't generate DAG that looks as DAG? Fine, it's not that important. If you want to talk about the shit coin IOTA go to its own censored thread. Stop spreading lies and distrust in Byteball in here at least, calling it "not a true DAG" comparing it to blockchain, insinuating it cannot scale etc. You are free to do that elsewhere, as you have done in your slack channels before and is the reason your iota users are misguided. Since you do know better than that and wish this community well and to protect it from me, dont you? EDIT: You are a scammer, and you wont get any bitcoins from me. You are also admin in slack so you can delete any messages and "prove" anything you want. |
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Hahaha, argument by pictures. Oh look Ill show you my ms paint skills when I find the time.
So you are a liar and spreading this "byteball is not true dag coin is bitcoin blockchain sidechain lulz" shit.
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I wouldnt be surprised if 1 full node can do 200 tps with 2 cores if software is slighly optimized.
Your extrapolation is wrong, CPU load from DAG traversal/analysis ~ TPS 3/2 - TPS 2. Why dont you go and correct your own users of your own project https://bitcointalk.org/index.php?topic=1216479.msg17903973#msg17903973Others by the way are not pure DAG but hybrid between blockchain and DAG. If by others DAG algorithm does not work, then is the blockchain used.
IOTA is perfectly designed for the M2M industry, internet of everything, but not only for this!
Will you correct the user, and tell him, "Correction, IOTA does not work on internet of everything any better than any other technology despite being designed for it"? |
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Witnesses do not decide ordering of units. Ordering is determined by the algorithm that looks back at the witnesses-authored units in the DAG.
What TPS limit do you expect to see in the real world (order of magnitude)? You know, there is no architectural limit in the DAGs. Regarding the practical limits, I don't buy into this race to Visa tps. The most pressing issue of crypto is not tps, it is adoption (which we address in the first place). Tps will come second after the first is solved. I'm an adopter. I buy into this. What is currect [practical] TPS limit for Byteball? My tests with a developer-installation showed 25 transactions per second in one VM with 2 cores and 1gb memory. I could add more VMs or full nodes, to get about 20ish more tps, it scales with number of full nodes. Networking is no bottleneck, bandwidth nor latency, barely used. Only cpu usage was high but not even all cores at once, about 60% cpu load on 1 core. Which tells me the software isnt optimized but can push the hardware much, much more, I wouldnt be surprised if 1 full node can do 200 tps with 2 cores if software is slighly optimized. Even today if we had same amount of full nodes as bitcoin, 1600ish, low ball it as I have fat servers, 10tps, thats 16 000tps. |
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You must be kidding: ... I am not, I am sure that witness pays fees: One way to become a witness is as follows: 1. Run the witness code on your server https://github.com/byteball/byteball-witness. To be considered seriously, you need to run it on a server that is well connected and always online. Running this code alone won't make you a witness automatically, you'll just periodically post your units to the database (and spend your bytes by doing this). This is when you try to be witness. Once you are witness included in the 12 witness list you don't spend you bytes doing this. Stop spreading misinformation. You always spend, but if you are chosen by many you would earn more. |
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Technical question about fees collected by witnesses. If witnesses collect fees from every transaction and they essentially have no cost to cover (other than meaningless hardware and bandwidth cost) ... They have: I turned off the witness I had running because it did not have enough funds to continue stamping transactions.  It is still a valid question, my witness wasnt picked by the community so it was loosing bytes. Id say the users have a choice, if a witness accumulated too much bytes, replace it, like eith portabellas witness which wants to spread the fees to nonprofit organizations. Maybe users will pick those witnesses and avoid making "too big to fail" witnesses. |
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Ah so that is your real motivation for being here, to make sure I dont "tell lies and misinformation", about what exactly, about Byteball?
I didnt tell a lie, Byteball does scale really really massively, and it is not misinformation.
You are the one who claimed twice it doesnt scale and claimed Byteballs signature verification is a bottleneck.
Take your lies, misinformation and trolling to your own Iota thread.
You claimed that I had said Byteball was a sidechain of Bitcoin. It's a blatant lie. Or you can bet money on your claim? Ask your slack admin for the archive then ctrl+f those words, if you dont remember. It was within the last month. Aside from that another or you Iota devs called the Byteball insignificant bullshit and the community infantile pussies. That should be in your censored Iota thread, but its OK other peoole have seen it and have scrreenshots if you edit it out now. The https://bitcointalk.org/index.php?topic=1216479.msg17664669#msg17664669 |
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Well, yes, yes it is really a massive amounts of transactions, even more massive than I understood it. Got a problem with that?
No, the only problem is that you spread misinformation and blatant lies. Ah so that is your real motivation for being here, to make sure I dont "tell lies and misinformation", about what exactly, about Byteball? I didnt tell a lie, Byteball does scale really really massively, and it is not misinformation. You are the one who claimed twice it doesnt scale and claimed Byteballs signature verification is a bottleneck. Take your lies, misinformation and trolling to your own Iota thread. |
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Why is an IOTA developer stalking me, a supposed troll, around in the Byteball thread? Makes me wonder.
I explained it upthread. Your post in IOTA thread looked as trolling, I followed your previous posts and saw signs of a long con against Byteball community. Even more, you had modus operandi of one scammer I met in the past. So now I'm paying close attention to your words. When you post bullshit, I reveal that. It's not my fault that you post bullshit that often that my behavior looks as trolling. Thank you for doing the Byteball community a service, I am not sarcastic, please watch out for any other possible scammers as well, I do appreciate that. No sarcasm, for real. I have no problem with you watching over the Byteball community, feel free to question me and unravel any scam-attacks. But there is a problem when you insinuate Byteball can not scale or is not fast enough, twice now already even after tonych told you clearly there is no architectural limits, and otherwise spread other distrust in the project. What Byteball can do is even better than I understood it, and yet you insinuated there is a limit or speed-disadvantage compared to your own home-made hash function. That is when I question your real motive for being here. Attack me as a person, question my motives, but Ill stand up for Byteball, for what is right, just because I can.  Just as you are watching over me, I will be watching over any Iota "investors"/victims, and remind them who you are and why you are following me around here. EDIT: And your trolling is bad, I did mention signature validation, that is verification.
Then it seems to me that your "really a massive amounts of transactions" is not that massive as I assumed. I see you have very little understanding about cryptocoins internals and bottlenecks they have. Well, yes, yes it is really a massive amounts of transactions, even more massive than I understood it. Got a problem with that? |
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can anybody tell about TPS rate and predictable database growth?
There is no TPS set in stone as with bitcoin, where the blocksize basically determines how many transactions you can fit in a block, with Byteball, theoretically it should handle hundreds of thousands tx/s, but today its not optimized at all for this speed. Correct. I guess the upper practical limit is the 12 witnesses, how many transactions they can see (bot dont need to see it at the same time) and post to each other and append to the database, to the main chain.
Wrong. Witnesses don't do any more work than any other full node, they are not special with respect to TPS, and they are not a limiting factor in any way. There is nothing stopping you from making really a massive amounts of transactions on your own chain - and have it merged to the Main Chain when posting it for the witnesses to see. As long as you didnt double-spend, the verification of which witnesses do takes little time compared to what you spend in making the transactions, if all is fine, your chain of massive amount of txs will be in the main chain.
Again, this implies that it is witnesses who are doing verification and detect double-spends. Wrong - every full node does it in exactly the same way. We use witnesses only to establish order of events by looking back in history. Wow, thank you for the corrections! Much better than I even realized. Does adding more byteball-hubs help the network process more transactions? Does a byteball-relay also help, but just doesnt store temporarily any private-messages like a hub does? |
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all this friendly banter reminds me of bitcoin/litecoin back in the day.
IOTA/BB are both promising coins & I'm holding both.
but Sato seems to go out of his way to attack IOTA, makes me wonder ...
Why is an IOTA developer stalking me, a supposed troll, around in the Byteball thread? Makes me wonder. You see what he has done, a normal user asked about transactions per second, I answer, and instead of continuing to discuss that, he comes with lies, vagueness, insinuates Byteball cant actually do "really massive" tps, and personal attacks. If you read the conversation any differently than that, please enlighten us all. |
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CfB actually said its a bitcoin sidechain.
I wouldnt trust liars.
This should quoted. I've never said that it's a Bitcoin sidechain. So you are a liar and you suggest not to trust liars, this is pretty funny. You should apologize for all the personal attacks. Then we can talk again. |
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There is nothing stopping you from making really a massive amounts of transactions on your own chain - and have it merged to the Main Chain when posting it for the witnesses to see.
You didn't mention signatures validation...  Do I need to go on? You're in this thread only because you are glowing red of envious, someone else made something better than you, and you are scared that Byteball will steal your lunch money, so you try to troll it away. And your trolling is bad, I did mention signature validation, that is verification. It is my understanding that PoW is not performed by each device, rather the device signs a transaction and the PoW is done by a full node. I do not have enough technical knowledge or enough knowledge of IOTA to say whether that is a viable concept. I am not trying to defend it. I just want to point out that that specific criticism is not really valid. That is the excuse indeed by Iota for this valid criticism - to not run Iota on the IoT device and trust a full node instead. LOL. Byteball can do that too, in fact any cryptocoin can do that. Bitcoin can do it. What exactly makes the criticism valid? That other coins can do it too? I am not being glib; I am genuinely asking. I am trying to understand your point of view. You can read the IOTA Unmoderated thread. Why do you ask about Iota in a Byteball thread? Ask yourself if it is worth to invest in a coin when you now know this type of criticism is not allowed on their official channels. Yes, other coins do it, but better of course and they do it now, there are many more problems with Iota design, but sure if you like Iota because you like it go ahead, but its using an inferior product just because you can. Sometimes they ban people for mentioning Byteball. Most of the times Ive seen in their slack channel they spread complete lies about Byteball - CfB actually said its a bitcoin sidechain. I wouldnt trust liars. Now they are like in this thread trying to stop me from informing people what Byteball actually does as best to my own understanding, and offering to criticize Iota while Im at it, and they do so by derailing, personal attacks and fake concern for others. Iota - a failed coin, but they have to milk the venture-capital and hype of IoT some more. |
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And your trolling is bad, I did mention signature validation, that is verification.
Then it seems to me that your "really a massive amounts of transactions" is not that massive as I assumed. I see you have very little understanding about cryptocoins internals and bottlenecks they have. My balls are more massive than yours. See I can say random things too. That is like a great argument you have there "you have little understanding of like internals man", UH HUH OKAY? Dont you even get tired resorting to personal attacks and falling back on your legendary argument-from-authority when you loose technical arguments?  What else can you do when you realize your shitcoin isnt worth the name it has. |
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There is nothing stopping you from making really a massive amounts of transactions on your own chain - and have it merged to the Main Chain when posting it for the witnesses to see.
You didn't mention signatures validation... Do I need to go on? You're in this thread only because you are glowing red of envious, someone else made something better than you, and you are scared that Byteball will steal your lunch money, so you try to troll it away. And your trolling is bad, I did mention signature validation, that is verification. It is my understanding that PoW is not performed by each device, rather the device signs a transaction and the PoW is done by a full node. I do not have enough technical knowledge or enough knowledge of IOTA to say whether that is a viable concept. I am not trying to defend it. I just want to point out that that specific criticism is not really valid. That is the excuse indeed by Iota for this valid criticism - to not run Iota on the IoT device and trust a full node instead. LOL. Byteball can do that too, in fact any cryptocoin can do that. Bitcoin can do it. |
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Soon I will provide a complete noobs guide on how the tps is calculated and what the expected roi is for an average middle -end gpu farm, but bear in mind that byteball is not mineable and does not assume any value in its current state as its not listed on any exchanges, making it impossible for u to profit off ur share in byteball or lisk.
You're talking of another coin, possibly a shitcoin called Iota which requires Proof-of-Work, there is no point in "gpu farm" with Byteball. Which is also listed on the exchange https://cryptox.plAre you a sockpuppet of Come-from-Beyond? Id suggest to delete the post and move it elsewhere in the censored Iota thread. |
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