What is to stop Byteballs from having the scaling issues that IOTA is having?
IOTA and BYTEBALL these two coins, which technically more advanced? I am not sure what one is more advanced, I own a lot more Byteball than IOTA for several reasons: - I am not convinced DAG is the way to go for internet of things. I have seen functional testnet demos of Raiden on Ethereum handling IoT stupidly high tx counts, far beyond what IOTA can attain.
I do not think that DAG's future is in competing with Ethereum with machine to machine value transfers. I just cannot see how they can hope to compete. (Unless they also add state payment channels)
However I see Byteball being competitive due to its focus on being the leading DAG crypto for the use by people and value transfer. (I think byteball has correct focus, IOTA does not.)
- Tony's method of distributing Byteballs has been genius.
- Tony isn't a jerk, I have seen multiple devs for IOTA act like childish jerks.
- Actually not sure if IOTA has smart contracts, but one of the big reasons I got involved with byteballs is because of Tony's smart contract system.
My current question to Tony is this: can Byteball actually scale as a DAG crypto? IOTA's network has already slowed to a worse state than Bitcoin, and that is saying something. Ditto on that question, I did a test transfer after trex reopened the wallet last night, and it took longer to transfer bytes (9 mins approximately) this time as opposed to little over a week ago was within couple mins. 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 absolutely agree with this answer: If you want transition in the real world you need adoption. Everything at the proper time - Step by Step  Adoption has been the age old hurdle since the dawn of crypto, question is the solution to accomplish this, obv needing more public exposure for one, as in does tony have just himself or others to help get byteball more recognized (marketed) etc? Tony's pretty busy with the coding side of things as it is, so besides the community we have here, what else can we do? Get articles maybe published on coindesk, news.bitcoin.com etc etc, with more public notice, more devs would get involved, more projects may build upon and utilize tony's amazing work... we all have to work as a team here |
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Ditto on that question, I did a test transfer after trex reopened the wallet last night, and it took longer to transfer bytes (9 mins approximately) this time as opposed to little over a week ago was within couple mins.
Confirmations are done by the transactions that come after yours. When there will be more load on network, Byteball confirmations will be faster. ahh right, the "snowball" effect  |
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What is to stop Byteballs from having the scaling issues that IOTA is having?
IOTA and BYTEBALL these two coins, which technically more advanced? I am not sure what one is more advanced, I own a lot more Byteball than IOTA for several reasons: - I am not convinced DAG is the way to go for internet of things. I have seen functional testnet demos of Raiden on Ethereum handling IoT stupidly high tx counts, far beyond what IOTA can attain.
I do not think that DAG's future is in competing with Ethereum with machine to machine value transfers. I just cannot see how they can hope to compete. (Unless they also add state payment channels)
However I see Byteball being competitive due to its focus on being the leading DAG crypto for the use by people and value transfer. (I think byteball has correct focus, IOTA does not.)
- Tony's method of distributing Byteballs has been genius.
- Tony isn't a jerk, I have seen multiple devs for IOTA act like childish jerks.
- Actually not sure if IOTA has smart contracts, but one of the big reasons I got involved with byteballs is because of Tony's smart contract system.
My current question to Tony is this: can Byteball actually scale as a DAG crypto? IOTA's network has already slowed to a worse state than Bitcoin, and that is saying something. Ditto on that question, I did a test transfer after trex reopened the wallet last night, and it took longer to transfer bytes (9 mins approximately) this time as opposed to little over a week ago was within couple mins. |
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Wallet back online on bittrex
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Great, expecting the next version is 1.9  New release 1.8.5 https://github.com/byteball/byteball/releases* Fixed issues that caused full wallets to crash at certain points while syncing * Fixed an issue that sometimes caused light wallets to miss transactions * Fixed file selection in Android 4.4 when restoring from full backup * When receiving private assets (such as blackbytes), the wallet now automatically detects when the transaction is confirmed Thanks a lot to community members who helped in finding and investigating the bugs. I think in my 4 years of being in crypto, this is the fastest I've seen wallet code getting fixed/updated ! so.... that means.... you like the coin yes?... i.e. a peon like myself would be wise to participate in June? Ofc definitely would highly recommend anyone that can to get involved in tony's lil pet project, this one's a gem |
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Great, expecting the next version is 1.9 New release 1.8.5 https://github.com/byteball/byteball/releases* Fixed issues that caused full wallets to crash at certain points while syncing * Fixed an issue that sometimes caused light wallets to miss transactions * Fixed file selection in Android 4.4 when restoring from full backup * When receiving private assets (such as blackbytes), the wallet now automatically detects when the transaction is confirmed Thanks a lot to community members who helped in finding and investigating the bugs. I think in my 4 years of being in crypto, this is the fastest I've seen wallet code getting fixed/updated ! |
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I've heard Stratis is creating a wallet called "breeze" that will allow you to instantly tumble your transactions right in your wallet from stratis to bitcoin and back in turn making it untraceable. If this is true, this should be the biggest thing since Monero, Dash and ZCash! Any thoughts?  where you have found this news? sound a bit incredible to me but everything it's possible. This'll be one of the best innovations in crypto, that also complements bitcoin, further strengthening the technology for better efficiency and privacy Also seems Stratis is already segwit ready upon their C# Full Node release |
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Mine never left my wallet i still live by the don't keep coins on exchanges motto xD what they are waiting for? June 9th |
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Such Strong hodlers of byteball, only 0.4 % of Total Gbytes on Trex sell book (not considering wallet is still in maintenance)
Any word on when the wallet will be re-enabled?
This is great example of trust and faith in the team. In due time this will be re-enabled so you want to make transfer into your wallet from Bittrex. Hold is great decision with current interest rate which is much impressive. Mine never left my wallet i still live by the don't keep coins on exchanges motto xD |
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Such Strong hodlers of byteball, only 0.4 % of Total Gbytes on Trex sell book (not considering wallet is still in maintenance)
Any word on when the wallet will be re-enabled?
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Are you required to reverify your BTC address for each round?
It stays linked, you can check when the bot is active |
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There will be only one transaction from the exchange that outputs to all the addresses the different users withdrew to.
The bot refuses to link any address whose micropayment is included in a transaction that has more than two outputs.
I agree with the first sentence. I have read the OP many times. I can't see where it says the micropayment must be a 1or2 output transaction. Not saying you're wrong, but I can't find where you see that as a rule. Indeed, it's not mentioned in the OP, however it has been discussed in the very early days before the first round, it would be quite time-consuming for me to find the posts about it. The only way to be objectively sure is to try it . ..if I may add (I remember the subject) Sent my transaction from my bitgo wallet and received this message from Transaction bot I received 0.0015 BTC from 3QcomrVZo8T7XARRVYziJg3B8BqkzcZs2D but this transaction looks like it was sent from an exchange, which is not allowed. Please send BTC only from a wallet that you own private keys for. If you think it was a mistake, please contact tonych@byteball.orgwhy do they think its an exchange? I already replied you by email: See here https://blockchain.info/address/3QcomrVZo8T7XARRVYziJg3B8BqkzcZs2D, there are too many outputs that’s why we detect it as an exchange (transactions sent from regular wallet usually have 2 outputs). Please use a wallet where you control the private keys. To add to this, Exchanges process withdrawals in bulk to reduce amount of Transaction Fees |
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Version 1.8.4 released, new bugfixes https://github.com/byteball/byteball/releases* Fixed a crash in light wallets when receiving a payment notification * Fixed multiple issues that caused full wallets to crash while syncing * Improved Russian translation Love how fast you push updates Think we'll make it to 2.0.0 by xmas?  |
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Gave out under deposit load?
Maybe updating to new version? |
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Trex Wallet under Maintenance Any word why? |
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I see that there is another airdrop for Byteball on 9th of next month, got this information from https://www.icocountdown.com/May I know how many bytes and black bytes will be distributed during this period? it depends on two factors: 1) amount of btc linked to BB addresses by the time of snapshot 2) the sum of bytes all BB addresses keep by the time of snapshot. Both are changeable cause for example one can buy Gbytes at markets and bring them to his/her wallet rules for 6th round can be found at http://whatis.wikidot.com/get-gbyteJust a small correction 1) is changeable but 2) is not, if people don't buy, then the exchange's wallet will get bytes from the distribution, so the amount of bytes that is going to be distributed depending on bytes in circulation is already known and will always be. May be wrong, but exchange addresses may be blacklisted from distributions |
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Is there a reason why the QT client won't sync I have 16 connections and it still says out of sync , power went out for a sec and had to reload the qt client and says out sync with 16 connections....
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got to the stratis folder and delete everything but your wallet.dat file and peers.dat file, and reopen the wallet. your database may have become corrupted from the power failure. |
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@Tony is it necessary to backup ~/.config/byteball folder? I ask because in the wallet I read this message: "To restore your wallets, you will need a full backup of Byteball data at ~/.config/byteball" And if so, does a backup of this folder have to be done after any new activity in the wallet (i.e. sending/receiving tokens, smart contracts, chats, etc) |
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