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21  Bitcoin / Bitcoin Discussion / Re: Do you think digital currency will ever replace paper money? on: January 18, 2018, 02:14:54 AM
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Do you think digital currency will ever replace paper money?

This already happened all over the civilized part of the world. Will this happen in less civilized parts? Certainly. When? I don't know, may take some time.
22  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 18, 2018, 02:10:48 AM
Ha-ha, it is funny how liberal kids react on KYC option, like somebody is going to take anonymity from them, which they never had first of all. This is hilarious Smiley)))

To be serious, digital identity on DAG opens up opportunities for many businesses, like decentralized lending and many more. There are situations in business when anonymity is desired, not bitcoin like pseudo-anonymity, but real anonymity. In many other situations though business people value privacy and transparency, which means that business partners want to know each other, but they don't want the rest of the world to know about their deal. If byteball could provide such environment, this could be a real breakthrough.
23  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 17, 2018, 07:44:06 PM
Tony Churyumoff, Founder, Byteball, added: "By partnering with Jumio, we bring identity to the distributed ledger, both for ICOs and other financial transactions, creating strong connections between the crypto and the real world.
I assume this can be used to airdrop coins on unique individuals, right?
But I doubt many people will be willing to share their private information for some Bytes.

You don't need to share your private information. Your ID is stored in your wallet, and you disclose it only when you really need. Hash of ID is stored in DAG, and this proves that you have a valid ID.
24  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 17, 2018, 05:55:50 PM

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The Jumio-verified identity will be stored securely in the user’s Byteball wallet, while a “hash” – or an encrypted shorthand form of the personal data, will be posted to Byteball’s Directed Acyclic Graph (DAG) as a proof of identity verification. When a user needs to provide their personal data to access a service, including an ICO, they can pull their data out of their Byteball wallet in just a few clicks.

Finally, a working digital id solution. People are talking about it since several years ago. What took it so long to implement?

Really cool stuff.
25  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 13, 2018, 03:03:23 PM
A technical question: if I have a multi-signature wallet, do I need to point all devices to same hub?
26  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 12, 2018, 05:15:48 PM
Now Ether is no longer able to be exchanged for bytes in the alt currency bot. Someone who has some coding skills should really just be writing an exchange within byteball to due away with relying on this third party exchanges who provide poor service. The ability is right there in the whitepaper, please get on it! (:

yes! I don't see why anyone couldn't create their own version of shapeshift... integrated right in the wallet through chatbot


Shapeshitf is not just a program, it is a business. Somebody needs to manage reserves to make exchange possible.
27  Local / Новички / Re: Против криптовалют on: January 11, 2018, 07:22:38 PM
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Мы призываем россиян отказаться от криптовалют и вообще от всего западного.

Обычные провокаторы. Скорее всего, и не россияне даже.
28  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 11, 2018, 07:19:36 PM
The problem is that nobody care about tech, only marketing matters.

Yes! That is why all crypto space is currently such a big pile of shit. Hopefully, dedicated people like tonych will eventually change this.
29  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 04, 2018, 02:04:07 AM
Quick reminder:
there is a reddit poll happening to vote for the change of denomination and if it comes to Tony's attention it could make a difference. https://www.reddit.com/r/ByteBall/comments/7npgib/poll_unit_of_denomination_gbyte_kbyte_or_mbyte/

All this fuss with switching to megabytes is fucking retarded. If gigabyte is too expensive for you, buy less, and don't fuck nobody's brains. It is as simple as buying beer: if 12 pack is expensive for you, buy a single, you fucking retards.

If your 12 pack of beer was advertised as one beer you'd say "I'd like to buy 1/12th of a beer as I cannot afford a full beer". Now does that seem customer friendly to you? There are newbies to the crypto scene who have no idea about coin supply - they just look for the "cheapest" coin

There is no need to flame - just use the poll to express your own opinion (GBYTE)

I don't fucking care about your fucking poll, I am just tired of all this retarded mbyte/gbyte talk. How amazingly stupid you got to be if you can't understand, that 1 gbyte is just 1000 fucking mbytes!
30  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 03, 2018, 11:28:44 PM
Quick reminder:
there is a reddit poll happening to vote for the change of denomination and if it comes to Tony's attention it could make a difference. https://www.reddit.com/r/ByteBall/comments/7npgib/poll_unit_of_denomination_gbyte_kbyte_or_mbyte/

All this fuss with switching to megabytes is fucking retarded. If gigabyte is too expensive for you, buy less, and don't fuck nobody's brains. It is as simple as buying beer: if 12 pack is expensive for you, buy a single, you fucking retards.
31  Bitcoin / Legal / Re: Bitcoin Taxes USA on: January 02, 2018, 10:14:00 PM
Treating crypto tokens as stocks shares or commodities is retarded, because they are not. Unlike other assets, а digital token has really no value unless it is exchanged for something which has well defined value, like USD, or a car, or a cup of coffее. This is how all these crypto assets should be taxed: at the moment when you exchange them for fiat, goods or services. Taxing every crypto transaction is pain in the ass and this will never work for technical reasons. Making pain in the ass laws will not bring more money into treasury. Laws should be easy to follow.
32  Local / Новости / Re: Кандидат в президенты Антон Баков on: January 02, 2018, 07:30:04 PM
Выборы ещё через 3 месяца, а клоунада уже началась.
33  Alternate cryptocurrencies / Altcoin Discussion / Re: IRS taxing cryptocurrency trades starting Jan. 1st. on: January 02, 2018, 04:21:26 PM
Condolence to US residents with the silliest law ever. Crypto tokens should not be taxed like this, because they don't really have any definite USD value, and many are not even traded against USD. It is when you actually exchange crypto token to USD, goods or services you know its USD value exactly, and at this moment it should be taxed. How IRS is going to audit day traders? This is just not possible technically.
34  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 01, 2018, 02:26:45 PM
Is it 2018 already??? Oh shit!!!

Happy New Year everybody!
35  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: December 13, 2017, 10:58:37 PM


also when are we changing to megabytes or even bytes on exchanges as the unit? or is this not happening?



Whom are you asking here? Go and ask exchanges if they are going to change units or not.


The dev team decides the units not the exchange I believe.

You believe in wrong

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The exchange does not decide to just call it gbytes. If we want it changed to mbytes then under the current model only tonych himself can request the change.

Yes, this is exchange who decides what to list and how to list. Tonych has nothing to do with this.
36  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: December 13, 2017, 04:23:24 PM


also when are we changing to megabytes or even bytes on exchanges as the unit? or is this not happening?



Whom are you asking here? Go and ask exchanges if they are going to change units or not.
37  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: December 08, 2017, 10:10:45 PM
Those seeking main stream adoption already will lose every time to those seeking the eye of speculators right now. Price will gain you the most free advertings (well market cap). You are putting of so many new investors who look at unit price. Fuck it let's reduce it to BYTES Smiley

How long must we wait for a simple change that can grossly alter 50% of most noobs opinion of the potential of their investment in BB in a positive way??

Work smarter not harder. I mean if this simple change is not completely obvious by now this is worrying indeed.
This is the 50th time in a couple of weeks I see this exact presumption posted on the board and the 3rd PM I have had about it in under a week.

Agreed.  Speculators provide liquidity as well.  If I ran a business, why would I want to accept Byteball as payment when only a minor dump can drop the price so easily?

If I ran a business, I would never accept bytes or blackbytes as a payment, but I would issue my own private token on byteball and distribute it by giving loans to VIP customers and give different discounts to those who have my token.
38  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: December 07, 2017, 04:04:36 PM

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This is interesting. Your payout rate is not bad actually.
39  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: December 05, 2017, 03:33:00 PM


Freebe Blackbyte Exchange Report

What happens with these black bytes? Other private coins attracted a lot of interest of community. Now there is a market for black bytes, but not much interest still. Are they any useful for something?
40  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: December 04, 2017, 03:50:55 PM
Do you think Byteball can compete with IOTA. IOTA has no fees and byteball it has. I think that only for this reason IOTA will always have a suggestion. In addition, the interest of large companies is also on the IOTA side.

No fees is not an advantage against very-low fees, but very-low fees protect the network against spamming.
Don't be fooled by what they pretend about large companies supporting them, they hired advisors having relations with big companies for marketing purpose but be sure these guys barely know what is a crypto-currency and won't do any real work.

I have a hard time to understand, why do we need fees to prevent spam? Proof of work was originally invented to prevent spam. You don't need a  mining farm to submit transaction. A challenge should be easy enough to be solved by a cell phone or IOT device, but get exponentially more difficult for spammer with every next transaction. There are also other ways to prevent spam, like rate limited transactions (see steem, eos)
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