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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: December 07, 2018, 03:00:07 AM
The Byteball Platform - Thoughts on a Rebrand

Greetings Byteball Community and Team.

My apologies for such a long post, and a re-post from our Reddit thread, but I felt some may not see it otherwise and that a full explanation was in order...

It's been a long time since I've posted ...


Great post and kudos to you for seeing cancelling the airdrop fully was a mistake, I didn't see it at the time but now have to admit it would have been better to drastically reduced airdrops over time instead.

Good for you u got out and missed the largest drop in price.

Happy to see ppl like you join the project again, I would not sell your domains for small profit but instead keep them, and keeping the power that comes with it if the names you propose get adopted, crypto is supposed to be decentralised in different ways, domain name ownership being one of them.

Thanks so much for all your contributions.

Wow - I'm incredibly honored.

Thank you so much for the shoutout Marc De Mesel, and thanks for all that you do for Byteball as well.

P.S. Awesome call on https://www.youtube.com/user/Marcdemesel so many months ago on the coming crypto bear market - hopefully we are nearing the end - bear markets are not nearly as much fun as bull markets  Grin  I always appreciate your thoughts and analysis.

All the best. cheers.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: November 24, 2018, 05:54:58 AM
The Byteball Platform - Thoughts on a Rebrand

Greetings Byteball Community and Team.

My apologies for such a long post, and a re-post from our Reddit thread, but I felt some may not see it otherwise and that a full explanation was in order...

... ...


Thank you for sharing that post which I found to be an extremely interesting point of view. In fact the 5 merits I sent don't seem to do justice.

Disappointing I thought to see the very first response and others afterwards focusing on domain name and  accusing you of trying to profit from that. I didn't reach anywhere near that conclusion when I read through it. Rather I believe you have written from your heart how it is the state of the project as you see it....


Thank you afbitcoins! Your post captured my intention perfectly.

I thought long and hard how to approach this topic and realized that there is no pleasing everyone. Some will read my post with hostility and suspicion and some like you will see it for what it was - The fact is, I'm simply trying to do something positive for the project - as I have been trying to do (in my own way) ever since I first got involved.

I sincerely believe that the best possible replacement name for Blackbytes is CashByte and that a shift in focus a bit more to the privacy aspects on DAG could do the project a whole lot of good.

As someone who never got any free Bytes through full moon distributions, and who bought Byteball on the open market believing that I would receive a dividend, I think it's entirely reasonable to ask for a small payment from the community fund for my time, effort and money invested over time if the community likes the name(s) I suggested, and went to the trouble of registering to protect - it's not like I'm asking for a fortune - I'm quite sure the consultants working on a name change are getting paid at least ten times as much.

Anyways, I'm sure some will immediately jump to attack mode once again.

It's too bad that because of how things have played out for Byteball, a lot of negativity has developed on this forum. It's completely understandable, and spirited discussions are absolutely necessary, but if Byteball (or whatever it is to be called) is to thrive and prosper going forward, we must try to rebuild a community that works more harmoniously toward our common goal, instead of seizing the first opportunity to snipe at one another.

C'mon folks, let's all try to row together a bit more. A thriving community is essential if the Byteball platform is to succeed.

3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: November 23, 2018, 05:27:46 AM
The Byteball Platform - Thoughts on a Rebrand

Greetings Byteball Community and Team.

My apologies for such a long post, and a re-post from our Reddit thread, but I felt some may not see it otherwise and that a full explanation was in order...

It's been a long time since I've posted any content on this thread, because, with a deep history in marketing and trading in various markets, I immediately realized the implications of the insensitive handling of the cancellation of the airdrops back in late Feb early March 2018. Yes, the old model was deeply flawed and needed a massive adjustment, but in my opinion, the goodwill and enthusiasm that the original distribution method generated was very strong and wonderfully price supportive over time, and promoted more everyday use of the assets. It encouraged more widespread adoption, through the energy and enthusiasm it created and it attracted new talent and new investors. It was very community friendly, and that is a good thing from any perspective. Very marketing friendly.

Now, with so many ID related distributions, things seem to have shifted somewhat in the opposite direction. There is not that much opportunity for those of us that prefer more anonymity to feel the excitement of getting an incoming transaction in the wallet. What a shame - I think Byteball is missing out Big Time!

The original distribution method was a very efficient & beneficial way to handle distribution of some of the remaining assets - over a long time into the future if done a bit differently - I believe it was a mistake to cancel them altogether, and a bit of a betrayal of those of us who did not participate in getting any free Bytes, instead, having to purchase them on the open market instead - I knew that the abrupt cancellation would cost the support of a large part of the community, and withdraw one of the pillars of price support in the marketplace. The rest is history.

So, after my appeal for a rethink (see here: https://www.reddit.com/r/ByteBall/comments/7ylc73/dear_tonych/), and a more united community (see here: https://www.reddit.com/r/ByteBall/comments/7zvigt/dear_fellow_byteballers/) got almost no response, in despair, I felt it was futile and began to retire from Byteball and the community, realizing that Byteball was in for a really rough ride with a greatly reduced community and a steady drop in value. However, I never lost my admiration and respect for what Tonych has created or the belief in the concept and infrastructure that has already been built with this amazing technology. I was no longer involved but continued to keep an eye on things.

However, in recent months, things began to change. I recognized that some profoundly new thinking and action plans have been implemented, and while not perfect, they are a huge step in the right direction. I'm extremely encouraged by what I see, and believe it is only a matter of time before this project takes it's rightful place among the top 10 crypto currencies, and so, I decided to re invest some of my time and energy.(almost immediately thereafter, took a 50% cut in terms of fiat :-) - shocking to say the least! The outside buying I expected just wasn't there in enough size to overcome the liquidation trend.

Which brings me to my latest concern:
From watching some of the latest video interviews, and reading team member comments, it seems the Team is considering a name change. If Byteball is to be re-named, it must be done with the utmost care, level thinking and fresh eyes. I do in fact believe we could do better when it comes to a name for the Platform. I have argued strongly against it in the past (see here: https://bitcointalk.org/index.php?topic=1608859.msg28035225#msg28035225), because I didn't think the name was so terrible (like the denomination issue) and it was not the most important thing to be addressed at that time . It would have been a huge amount of work and a huge waste of resources back then. But now, with some foundational elements in place (or in the works) and a more flexible attitude, it could be time to tackle this divisive "name thing".

There are many, many options for a new name, but I believe it should contain the word "Byte" if possible, to maintain some sort of continuity with the legacy product. My thoughts are that an easy way to do this would be to simply rename the platform to G-Byte (As in "the G-Byte Digital Asset Platform") I believe there could be value in leaving the "G" in G-Byte undefined and leaving it to the imagination, but it would be pronounced "G Byte". I like the ambiguity of the "G", because G could mean just "G" or Go or Gas or General or Great or Global or Gravity or Graph or Giga or Genuine or Genius or an endless multitude of different things. Leaving it to the imagination could be a good thing.

But there are many other possibilities as well - the question is how to choose one that lasts. A lot might depend on availability as well, but the name of the Core Platform is not the main reason for this post as I know others are working on it as well.

Above all, I believe the name of Blackbytes should change. It's not a great name in our increasingly politically correct world. I think a far better name for BlackBytes is CashByte. I think we should seize the name CashByte or CashBytes and push it like crazy. I have absolutely no doubt that CashByte could become a household name in a few years time.

In fact, There could be considerable advantages in re-orienting the marketing efforts and shifting to focus equally on the public "G-Byte" (or whatever name is decided) as well as the privacy focused CashByte. There is no reason for this to interfere with any of the current distribution methods or other offerings. It's really worth thinking about.

To test the concept and give the Byteball Community and Team a taste for what a G-Byte, CashByte combo might look and feel like, I will refer to CashByte & G-Byte for the remainder of this post. Old Byteball & Blackbytes = CashByte on the G-Byte Digital Asset Platform.

Here are just a few good reasons to consider this:
1. Everyone knows what cash is and just about everyone who uses a computer knows about Bytes. Ordinary people will immediately understand what CashBytes are.
2. There are twice as many Cashbyte in existence as G-Bytes (presumably the idea was for them to be used twice as much, eventually being the dominant currency), with regular Bytes powering a multitude of other digital assets & ICO's. Shouldn't we be pressing the privacy side much more? Question for Tonych: why were more than twice as many private currency units created? What was the intent?
3. Many of the current top 100 crypto currencies are highly focused on privacy, and clearly, privacy is extremely important in a world of constant and pervasive surveillance. G-Byte has a privacy option on DAG. It's is a vastly underappreciated aspect of the G-Byte platform. Imagine seeing "CashByte" on the G-Byte Digital Asset Platform climbing the ranks of the top 50 again. (if total capitalization includes "CashByte" as well)
4. Changing the marketing orientation from only G-Byte to both CashByte and G-Byte, opens up a whole new world of marketing opportunities, while not in any way interfering with the distribution methods currently in place for the non private currency - in fact, CashByte can be used to illustrate how the public asset is (like Etherium) used to enable transactions for all sorts of assets issued on the G-Byte network, not just CashByte. If you are involved in an ICO, you will need to acquire some G-Byte to enable your project, and if you're using CashByte, you also gonna need some G-Byte to make it happen.

An old idea revitalized:
With a bit of a marketing effort behind it, why not update and re-introduce the old airdrop program on the full moons at a vastly reduced rate. Along with everything that is already in place and on the way, this could give the project a reboot and the attention it deserves. It could be a very powerful growth engine for the decade to come.
Given that there are more than twice as many CashByte as G-Byte still to be distributed (quite a massive amount in fact), I think they can and should be used to create community enthusiasm and outside buying interest for G-Byte. This can easily be done with a vastly reduced airdrop campaign - ideally, a very small amount (say 1- 2% % per year, distributed monthly to G-Byte holders). It would be a fantastic way to repair a misstep of the past, create and maintain buzz and draw in additional development and investors. At this early stage, it could give the platform an automatic publicity and demand boost that it absolutely needs to have to be viable going forward. Seriously, ask yourselves, who is going to buy all of the remaining currency that must be sold to fund the operation without some kind of incentive to do so?

CashByte - Cash made for the Internet Age!

In full disclosure, I have gone to the trouble of registering some domains to try to protect the names I have mentioned. I was worried that they could be unavailable or fall into unsympathetic hands. Not all were available in the exact form desired, but enough of them were secured to make this a viable option if that is what the Team and Community desire.
If the Community, Team and Tony like the idea or a part of it, then it is my intention to transfer ownership of the relevant domain(s) at a nominal fee to the organization. I am asking for 10 GBYTE and 10 x 2.11 GBB (BlackBytes) as payment from the Community funds for my efforts. If no one cares, then I guess it's my loss and I'm ok with that.

P.S. Please bear with me if it takes me a little time to respond to any feedback this post might get - I'm absolutely swamped at the moment.

4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: February 24, 2018, 06:51:41 AM
UPDATE: There is a somewhat more refined version of this article here:
https://www.reddit.com/r/ByteBall/comments/7zvigt/dear_fellow_byteballers/

A Call for Calm, Rationality & Honest Reflection by All Byteballers

With a goal of building a Strong & Vibrant Community in Spite of this recent PR setback.
I Invite all of you to put aside past issues and try to see things with a fresh perspective.

Let's have a Reset...


Dear Fellow Byteballers,
my apologies this post is so long but there is a lot I'd like to cover.


Most Importantly this:
We, the Community must find a way to get on the same page about some core issues
if we are ever to see a long term future for ByteBall. Which surely is what we all want.
Long term survival is the Supreme Mission ...


We Simply Must stop Fighting Among Ourselves about Issues of No Real Importance.
"A house divided against itself cannot stand"
ByteBall cannot succeed without Community. End of Story. Does EVERYONE get it?

 
If you really care about this project please join me in trying to chart a course toward a Community
where Tony will come to embrace a partnership with us, Something he has been unwilling to do so far
- I think maybe with some good reason.

 - But ultimately this has to happen if Tonych wants ByteBall to achieve it's true potential.


To begin this new chapter of ByteBall history, We Must try to see things more from Tonych's perspective as well.

He is the founder, the driving force. He knows the code  - knows how changes affect other
components and the difficulty of doing things with the resources available.
He obviously has his particular vision of ByteBall as well.
It is his baby and the baby is still very young - it still requires a lot of nurturing and protection.
 
For example, if you had created this amazing thing called ByteBall, would you give control of parts of
your baby to a wild bunch like as us? Always fighting amongst ourselves, grudges held, politics played,
many lazy and expectant ... more complainers than helpers? etc. etc. I think not.

We need to change all that if ByteBall is to succeed.
 
ByteBall cannot succeed without Community.
Does everyone truly get that? It's just not going to happen without us!

But, If we rise to the occasion, and speak with a coherant voice I believe Tonych would begin to trust us more and more and take us
much more seriously, incorporating as many new ideas and concepts as make sense.

He must realize this is a partnership of sorts and being an honorable and ethical man, He would want to
do right by us, his partners - his supporters - without whom none of this would be possible. Many were
not so lucky to get free Bytes and have paid for them out of pocket. These folks have made an
investment that needs to be respected and protected to the fullest extent possible, otherwise it could
appear as if they are the suckers in all this. Let us all understand that a rising price is not evil - it
is a sign of success. It is something we should all value - it will help to drive growth and adoption marvelously.

But Tonych cannot do everything himself. There is an army of volunteers that keep the machinery going -
how will this be accomplished 3 years from now? or 6? can ByteBall continue to always rely on volunteers?
Is that a good idea long term? What if it's not?
We need to solve challenges like this and others if ByteBall is to have a long term future.

I believe Tonych would welcome a mature responsible, resourceful & resilient Community looking out for
his Brainchild's long term interests.


A Strong & Passionate Community is also Vital for the Best Roadmap to Emerge and Evolve.

A Roadmap is essential if we are to attract serious long term players.

But we need to be much stronger and less divided for that to happen. In My Opinion, We should work towards a kind
of "Constitution" for the ByteBall Platform. If we can begin to agree on a few things we can move
forward quickly and begin to add Essential Elements into our Roadmap and help Tonych build a great map of the future.

As a Community, we have a Vital Role - we must consider points of view outside of our own and be
willing to switch our support to a better argument when key choices and decisions need to be made.
I'm confident that when we as a Community are able to show that kind of maturity, we will truly be in a
position to conquer the world of Crypto with our Bytes.


Let's Begin this new chapter together by Resolving Two Key Issues as a Community Right Now. Today!


Allow me to explain...with a little story...


At a high level, beyond ByteBalls DAG technology, Distribution Strategy & Governance are the Ultimate Keys to the future.

If we accept the premise of centralization and the nature of the distributions as being key, a lot of
things begin to make sense. Especially Price Action.

Obviously the price has not done what most have been confidently predicting, and the poor price
performance versus some others has in turn prompted many to wonder why?

Quite a lot of selling was done from rivals and others of course, who just wanted to cash in,
but through the agonizing months of shocking declines, which never seemed to end, some began to wonder ...

Is it the dirty filthy sounding name that people don't like?
while others demand the Denomination be changed (to sucker in people who can't do math  Grin )

A lot seemed to want both.

Change Something! . . . they demand, in truth, because the price was not going up as they would have liked.

And when other Digital Assets of far lesser worth were doing so much better they knew exactly why...
It's the Name Dumbass. . . it's the Denomination Stoopid.

(So easy & fun to mock something isn't it)

Now I really don't mean to offend anyone, I know some of us have argued furiously for one side or the
other in the past, because on the surface, that's what it looks like. Had me fooled for a time.

But . . .
In fact, when you really think about it, the name is not bad at all - I definitely love that we own
Bytes, KBytes, MBytes & GBytes, and a "Ball of Bytes" called ByteBall is actually pretty cool also.

Sure, maybe we could come up with a better one, I like "Quirky" or "Quirk" myself,
- but frankly it's the least productive thing we could possibly do right now.
Same for changing the Denomination. (I prefer Bytes, But who cares? its fairly basic math)

The Real reason Byteball is heavily sold on every rally is because of the nature of the ByteBall
distributions & centralization. It is has been a "centralization" issue for a long time now and the
markets don't like the uncertainty - simple as that. Little or Nothing to do with the name or denomination.


ByteBall can and must build a Roadmap - What large ICO is going to want to join our party when some
fundamentally important elements are not yet in place?

Would you stake the next 5 - 10 years on a Platform that could not state what it's plans are for the
next six months, let alone the next year or two. Let alone the Next Decade? Ha.

Be under no illusion, Undistributed Bytes are an extremely powerful asset when coupled with a Roadmap
that is well thought out, fair, workable and delivers on its promises. Get it right and Bytes will
dominate with widespread viral adoption and use - get it wrong and we slowly, and then quickly die.

Under no circumstances should the Bytes be quickly distributed - we are not nearly strong enough for
that yet. The current path while inadequate, is a good beginning and addresses some very important areas,
and Tonych has stated that they are on the lookout for more. Let's help him find some - but there is no immediate urgency.

Those undistributed Bytes are key to Byteballs future. They are the most powerful asset ByteBall has.
It's fantastic that so many are still to be distributed.  In truth Tonych has done the right thing by
deciding to switch gears - the way it was done however was not well thought out. We'll have to do better next time.

Distributions should actually stretch out for a long time into the future - chasing the broadest
possible user base, with room to evolve as circumstances change. Couple that with a Strong Roadmap,
which outside of core protocols, is ultimately more and more Community driven,
and we will have an unstoppably viral crypto growing in every direction.

A large portion of remaining Bytes should be used to incentivize Byteballers to help grow the Platform
by Inviting others to participate and getting a bounty for doing so.

Those who are arguing for ultra ultra conservative distribution methods only,
are putting ByteBall at risk of missing the boat by being too conservative.
We should trial lots of different methods - see what works and what doesn't.
Most businesses are able to factor in a "cost of doing business" ByteBall must also be mature enough to do so.
We do not have endless time to get things right

Competitors are well entrenched in the race already. Look at what Dash is doing on YouTube:
https://www.youtube.com/watch?v=9Augu01Z9tw
 - even sponsoring "truthy" journalists: https://youtu.be/VWbuNd64qoU?t=52s
It's working...


One of the reasons I first got involved in ByteBall is because I see Tonych as a decent honorable man
who tried and is still trying to do what he considers the right thing for his briliant invention.
 
I have no doubt that Tonych would absolutely love if we stopped bugging him about the Name and Denomination stuff,
and started to organize something he could embrace and work with - something that puts no demands on the protocol,
but allows for user input into certain aspects of ByteBall - like for example, a vote on exchange listings.

If Tonych cannot get on board with common sense things like this, then maybe we are actually in the wrong
investment. A world class Crypto must have liquidity!

(Sidenote: Can someone with some real knowledge tell me if its possible to vote from within the wallet - I'd love to know,
step by step how if possible. I'm sure it would cost a few Bytes to vote, but beyond that, I don't know.)

How about Cryptopia? We should have flown someone down there to fix things with a SSD already - It's
that important! A system needs to be in place to do everything possible to prevent bad things from
happening - these are some of the things a good Roadmap will address.

 
So Lets try to develop a consensus around these Two issues that have been dogging us for far too long.

The Name & Denomination have little to nothing to do with the price of the Asset.
Let's put these two issues firmly behing us. We'll do just fine with the name ByteBall.

If we can simply agree on these two things, we can move forward nicely and begin to work out the
details on other things.


Let's set about rebuilding trust and making it happen. Objective: A Strong & Vibrant Community, capable of
building and maintaining a non protocol level Governance, Maintenance & Marketing Structure to lead us
into the next decade and beyond. I for one, still have high hopes for the ByteBall project. It is still early days.
(But no time to waste!)


My credentials: I am Pinstripe on Bitcointalk and CryptoBest on Reddit.

I can't earn brownie points by pointing to some amazing code I wrote, but that doesn't mean I don't
have something to offer, if you consider +35 years of old school marketing and 20 years of Internet
Marketing of some value - I would hear me out if I were you.

Final thoughts:

I still believe that variations on the themes I presented here:
https://bitcointalk.org/index.php?topic=1608859.msg28085267#msg28085267
especially new merchant invitations, are some of the most powerful ways to grow the byteball platform,
and drive Marketing efforts going forward - as well as Rebuild the Community to world class levels.

Let's Find creative ways to Engage the Community to do the work, to the ByteBall Platforms extreme benefit.

5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: February 23, 2018, 11:39:57 PM

edit: censorship?
Quote from: CryptoBest, reddit


UPDATE #2: Some of you might find it interesting that I made a very similar post on the ByteBall bitcointalk.org thread which immediately got deleted by a moderator - no reason given.

Why was my post deleted? What was so offensive? Did I not make some valid points and provide a decent suggestion to manage the optics of the announcement?

As a sincere ByteBall fan who is only seeking the best for the project, I find this kind of censorship deeply disturbing.


I have no idea why your post was deleted, moderation on this forum is totally out of my control.

-------------

I understand it was painful for many community members to hear that the March airdrop was cancelled.  But it had to be done for the reasons I stated in November and repeated a few days ago.  Back in summer, there were concerns about what happens when we distribute all the coins and the 10%-20% monthly holding reward goes away.  Since then, we reduced the reward, slowed down the balance-based airdrops, and finally phased them out.  Now, the concerns are over.  Going forward.


Thank you Tonych!

I am very moved by your response.


In my mind this is HUUGE!

It demonstrates:

#1 You do not condone censorship and are not a tyrant.

#2 You do care about your Community and ARE sensitive to how we feel.

It's really great to hear that you understand the cancellation of the Airdrop was painful for many.

I for one completely understand why you had to do what you did
- I only wish the whole thing was handled with a bit more sophistication and regard for
how things would look to a big chunk of your Community. We need unity - not more division.

But, you have fully restored my faith and confidence with this response.

We should all understand that ByteBall is still very young and needs nurturing before it can be more decentralized.
and there are many, many moving parts to consider before making changes that the Community might suggest.


I will continue my mission of trying to unite the Community so that you can trust us with your baby more and more as time passes - keep in mind, it's our baby too now:-)

More on this soon...



- If anyone would like to read the post in question, here it is:
https://www.reddit.com/r/ByteBall/comments/7ylc73/dear_tonych/
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: February 22, 2018, 09:35:13 AM
Announcement from chief developer Tony on Slack:

Quote
there are about 2000 people who linked their btc address since november in anticipation of the cancelled airdrop.  We'll do a small airdrop for them, about $30 worth to each.  Both to those who linked via microtx (and spent money) and those who linked by signing.  Even if BTC balance is 0.  They are all new users after all.


Nice!

A good move in the right direction!


Why not consider giving all linked accounts $30?
 - After the Cryptopia Situation is fixed of course . . .and we're done  Grin



 (Don't forget to include the BlackBytes as well)



In the right direction? It's even worse than simply cancelling the whole airdrop completely.

Anyway... I will keep hodling because I think Byteball is fundamentally a good idea and technology. I just hope that, in the future, it gets its shit together and begins to also have any potential as an investment too.

Fortunately, for most people it is just a matter of "don't looking a gift horse in the mouth". For the rest... just remember to "not invest more than you are willing to lose". It doesn't make any sense to keep arguing what Byteball should be or do... it is what it is, take it or leave it.


Even worse? how can you say that?

Many were out of pocket over this, and you can't really blame anyone for believing it was going to happen - that would be a bit harsh dont you think?

It's is a decent and ethical thing to do - a step in the right direction - and they are new users.

I think you make some good points otherwise.



It's even worse for the following reasons:

1) Another change of plans! First there will probably airdrop, next it gets cancelled, now it goes to some people but not others.... What will be next? Uncertainty! It would be better to just stick to a "bad" plan... than not having any plan and just keep changing everything all the time for no apparent reason.

2) It's good to send something to new users, of course. But what happens to the ones that were already faithful to the project and were linked since before november? Well, they are not new users, so no "promotion" for them... it makes sense if you are a cellphone company that doesn't really care screwing previous customers. Doesn't look like the best strategy in crypto as one of the strong points of top coins is previous customers loyalty (hodlers).

3) This "change of plans" is now a fundamental "feature" of Byteball as this has been happening since the first cancellation of regular "full moon" airdrops many months back.

4) There is still a 40% of the coins that are still pending distribution and, given the erratic pattern of decisions regarding when, how and to whom, nobody currently knows what to expect about it. Did I say uncertainty already?
And when you don't know what to expect.... it's better to expect the worse even if to err on the safe side. Fool me once... you know.

Of course 2000 \* 30 = $60.000 that is not gonna change anything price wise even if it were fully and inmediately dumped but.... the impact on previous "hodlers" confidence and trust.....  that is going to hurt in the long run.

Anyway, as I said, Byteball is a project worth observing for its tech and maybe some time in the future investor's confidence is restored and it is also worth the risk of putting (more) money on it.


Again, you make some valid points, however, if they follow the added recommendation I made, things might look even better from a PR perspective.
 
Although it would be much less for the big guys, everyone would get something, and there would be far less to complain about
 - it could also go a long way toward healing a large part of the Community that feels somewhat betrayed.

It's a decent compromise to put the best possible face on the current situation & low morale, and help Build Community.

There is good reason to believe that small accounts that are rewarded with $30 are far more likely to get excited
 and promote the ByteBall asset even more - it's definitely worth considering.

7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: February 22, 2018, 08:23:15 AM
Announcement from chief developer Tony on Slack:

Quote
there are about 2000 people who linked their btc address since november in anticipation of the cancelled airdrop.  We'll do a small airdrop for them, about $30 worth to each.  Both to those who linked via microtx (and spent money) and those who linked by signing.  Even if BTC balance is 0.  They are all new users after all.


Nice!

A good move in the right direction!


Why not consider giving all linked accounts $30?
 - After the Cryptopia Situation is fixed of course . . .and we're done  Grin



 (Don't forget to include the BlackBytes as well)



In the right direction? It's even worse than simply cancelling the whole airdrop completely.

Anyway... I will keep hodling because I think Byteball is fundamentally a good idea and technology. I just hope that, in the future, it gets its shit together and begins to also have any potential as an investment too.

Fortunately, for most people it is just a matter of "don't looking a gift horse in the mouth". For the rest... just remember to "not invest more than you are willing to lose". It doesn't make any sense to keep arguing what Byteball should be or do... it is what it is, take it or leave it.


Even worse? how can you say that?

Many were out of pocket over this, and you can't really blame anyone for believing it was going to happen - that would be a bit harsh dont you think?

It's a decent and ethical thing to do - a step in the right direction - and they are new users.

I think you make some good points otherwise.

8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: February 22, 2018, 06:27:27 AM
Announcement from chief developer Tony on Slack:

Quote
there are about 2000 people who linked their btc address since november in anticipation of the cancelled airdrop.  We'll do a small airdrop for them, about $30 worth to each.  Both to those who linked via microtx (and spent money) and those who linked by signing.  Even if BTC balance is 0.  They are all new users after all.


Nice!

A good move in the right direction!


Why not consider giving all linked accounts $30?
 - After the Cryptopia Situation is fixed of course . . .and we're done  Grin



 (Don't forget to include the BlackBytes as well)

9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: February 21, 2018, 06:35:58 AM
talks of forking this are completely ridiculous. I have been one of tony's harshest critics since the start but that kind of talk is just a bit crazy and also very ungrateful. As if there are even more than a handful of developers that can attempt to fill tonych's shoes? where will you magically get another  tony ch to take over or fix if future issues arise. Let's keep up  pressure to get Tony to listen more to the community but let's remain slightly sensible here. Talks of take over dev teams and such are fantasy.

Tony's main problem is he is a genius coder and designer but is also probably an idealist like a lot of super smart people who don;t really give a shit about profits and money. Think about it people this smart are generally very wealthy already.

Now we just need to make Tony understand that this entire game is right now governed by speculation and the real truth is 99% of people are here to get rich. Sure a few will come and say we dont care about profits we are idealists and believers too. These people are talking bullshit. Whilst tonyCH seeks adoption but where is iota's adoption, where is xrbs adoption.... adoption at this point in crypto is not that important. Appealing to investors and speculators is important right now. Once you get them on board and a huge CAP is there you will get 100X more attention anyway and if the  tech backs up the hype your adoption will naturally come next without begging or paying people to adopt it.

I said at the start willingly letting other ico managers take the lions share of tokens was quite crazy. Tony didn't seem to think it mattered for some reason or other.

Tony then realised giving it out over and over again to btc owners was a bad idea so gradually shut them out.

Tony did NOT realise that a LOT of people invested in byteball on the basis not only of it being great tech but also because of the full moon drops. Cancelling those was a terrible mistake since it then destroyed the trust of many investors.


I do have faith that byteball will be a top 10 project even now. However this mess with the distribution needs to end and end fast.

If a burn is not possible I think a huge air drop to all byteball holders (excluding wallets known to be ico managers and exchanges) by huge I mean 30% in one big airdrop. Tony keeps 10% to do what he likes with and we move on from here.

Also a more distributed network needs to be worked out asap.

Then let us as a community move on from worrying about the distribution and get on with pushing forward to get byteball out there.

The problem with tony also is that he thinks he can just ignore the posts he does not feel like discussing and just cherry pick posts to reply to. This again looks bad. You need to be consistent and install trust. Many super smart people are very dynamic and it can appear they are super changeable and unreliable when really they are just adjusting to what they think best in the current situation. However if you want to make these  changes you need really to discuss and convince the community or at least some of them. People here are very use to being part of a decentralised community driven decision process. It seems strange to have huge changes thrust on to them with no discussion and then when they complain no answer or even recognition of their concerns.

You have to remember though with this project a LOT of the huge whales have no interest in seeing byteball beat their own projects so since they have such control of the price because they got gifted such huge amounts of the minting that they can beat us down at will. It will take many cycles to take away their power.

Byteball is still way undervalued i think but the question is how to get it to fair value.  For a start we need to bring more serious investors for long term holds. I think fully distributing and getting a more decentralised network will be a good start.

This thread is mostly full of arguing about the distribution and the unit size. We need this thread full of positive discussion about how to push byteball forward and demonstrate how good it is next to other projects.

TonyCH is a great designer and coder but just  needs to spend a bit more time listening to the community and to give a few more reasons for his decisions and make the entire thing feel more of a community effort (although really he is the project)

I feel we are all being a bit harsh on him but it is frustration at these last min changes that are making us seem ungrateful for this great piece of work.

I think tony does what he really thinks is best for the project but I think sometimes he is wrong and sometimes he needs to discuss these changes  with the community and explain he reasons fully. I mean after all if he is way smarter than most of us (which is highly likely) maybe we are the ones not fully comprehending the benefits of such changes. All the same we need to be made to understand so we all have more faith in the project going forward. Install more faith and trust and you will install a lof of long term holders that will suck up supply and hold it. That is exactly what you want whilst you work on driving demand too.



Excellent post Cryptohunter - a great read,

I love ByteBall and greatly admire what Tonych has achieved, and will remain a promoter and participant for a long time to come (I fell in love a few months ago and I still have hope)
But there is no question that this matter could have been handled with much more sophistication and sensitivity, as could many before.

Given the Cryptopia Situation, IMO, the Airdrop should have at minimum been postponed, but Airdrops also have the potential to be a pretty decent marketing tool and they are kind of "ByteBall thing". There's no law that says it had to be so large. It could have been reduced in size to 1 or 2% to reduce market impact, and continued for it's Buzz factor on a periodic basis for a long time to come - leaving plenty of Bytes left to distribute and use in other ways.

It also would have been very easy with a little compromise to keep everyone in the community happy with "one last drop" - even of a reduced size.
 
We really need everyone pulling together, building our community if BB is to succeed - not constantly fighting among ourselves over things we have absolutely no say or control over.
Did "management" not realize how divisive such a blunt announcement like this would be? Where was Eli on this?

What's it going to take to get Tonych to understand how important a Strong & Vibrant Community is to the ultimate success of Byteball?
It cannot succeed without community - no matter how good the technology. The community needs to feel that they are a part of the process.

And to realize that it's unlikely much institutional money will flow into ByteBall as long as it remains a "one man show" with no Roadmap, no Governance Structure looking out for the long term interests of Byte holders, and no long term Platform Maintenance or Marketing Infrastructure to support it in the years and hopefully decades to come. (Heavens forbid, but what happens if Tonych gets hit by a bus?)
 
Some of these things are not easy to say, but I think it's essential for our investment & the ByteBall Platform that someone does.

At some point, Tonych has to release his child into the universe to fend for itself - along with the means to do so.
 
Perhaps Tonych would also be a lot happier if he were to step back from things he doesn't like so much to concentrate on what he loves
 - which is obviously coding. It must be an awful lot of pressure to have responsibility for "everything".

With a little luck this is the wake up call that Tonych needs.

Good luck and wisdom to us all.

10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: February 20, 2018, 04:54:29 AM
the community feel bitter,i wouldn't be surprised if someone fork Byteball in the near future.
Yeah, a fork would do well in this environment where users' wishes are not considered.

edit: censorship?
Quote from: CryptoBest, reddit
Dear Tonych,

There is much I was hoping for in your announcement,

https://bitcointalk.org/index.php?topic=1608859.msg30564528#msg30564528

and I love that you seem to be showing at least some flexibility with regard to Distributions as ByteBall grows.

But the Airdrop Issue has been handled clumsily with the potential to severely damage the ByteBall Platform Reputation and Community.

Please consider immediately issuing a release stating that one of the most important reasons for cancelling the Planned Airdrop was missed, and not mentioned, namely - The Cryptopia Situation.

It would after all be unethical and wrong for Byteball to go ahead with the Airdrop, given the potential loss of millions of Bytes from their rightful owners.
Doing this helps take the edge off the awkward and clumsy handling of the Airdrop Distribution issue, and not only saves from potential embarrassment, but also honors the previously implied Airdrop by having "one last drop" at a later time - once the Cryptopia Situation is made right.

It's a great compromise, and it goes a long way to not pissing off half of your community.

If you guys are really smart, you can turn this PR disaster into something really positive - potentially even a marketing coup!

Seize the day and promise to roll out upgrades to ByteBall that include a new and improved roadmap, and please make a commitment to help build, respect and value your community more. We need to feel that we are a part of this process.

ByteBall cannot succeed without a Strong & Vibrant Community - surely you realize this?

(Where is Eli? - did you not consult with him first before making this announcement?)

No matter... Given the circumstances, ByteBall Did the Right Thing when the Cryptopia Situation is taken into account.

.

UPDATE #1: Obviously adding the Cryptopia Situation to the announcement is a time sensitive thing that gets weaker with the passage of time - so far it looks like no one cares enough about the offended members of the community to do anything to help smooth things over - sad.

UPDATE #2: Some of you might find it interesting that I made a very similar post on the ByteBall bitcointalk.org thread which immediately got deleted by a moderator - no reason given.

Why was my post deleted? What was so offensive? Did I not make some valid points and provide a decent suggestion to manage the optics of the announcement?

As a sincere ByteBall fan who is only seeking the best for the project, I find this kind of censorship deeply disturbing.


Thank you byteball3r!

I appreciate what you did by publishing my censored post. (I go by CryptoBest on Reddit)

There is no question that this matter could have been handled with much more sophistication and sensitivity
- what value is there in degrading an already weak and divided community?

Tony seems remarkably out of touch with one of ByteBalls most important assets - the Community.

ByteBall won't succeed if it continues in this manner - no matter how good the technology.

11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 29, 2018, 10:54:54 PM
What it could be wrong with Cryptopia? Why their wallet is not broadcasting transactions since December? @tonych will they contacted you for help?
This situation is getting a bit annoying. They don't even answer to tickets anymore

It is a know problem from an unknown cause.

At all: never... NEVER... NEVER! leave your crypto at any exchange unless you are a dayly trader.

Your coins feel much better on your local backuped wallet.

Its almost certainly a wallet upgrade issue - when they upgraded from 1.7 to the current version (with an upgrade in between), it seems they didn't know they had to use an SSD for Syncing. (Just like me.)

See this post on Reddit for more:

https://www.reddit.com/r/ByteBall/comments/7pxko2/gbyte_down_on_cryptopia/
I know, sadly, I know but sometimes one needs to use exchanges. My bad I did that at the wrong time.
On the other hand, my personal light wallet is safe, I have a full backup and I plan not to do anything with my GBYTE before the March Airdrop.
I do hope Cryptopia will solve the issue before then!

I had never problems with cryptox.pl
Why don't you just sell your GByte fot BTC on Cryptopia send them to Cryptox and buy GByte there?

Because it is not possible to do what you suggest.
Cryptopia has frozen all GByte activity until the issue is resolved.
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 28, 2018, 11:00:48 AM
What it could be wrong with Cryptopia? Why their wallet is not broadcasting transactions since December? @tonych will they contacted you for help?
This situation is getting a bit annoying. They don't even answer to tickets anymore

It is a know problem from an unknown cause.

At all: never... NEVER... NEVER! leave your crypto at any exchange unless you are a dayly trader.

Your coins feel much better on your local backuped wallet.

Its almost certainly a wallet upgrade issue - when they upgraded from 1.7 to the current version (with an upgrade in between), it seems they didn't know they had to use an SSD for Syncing. (Just like me.)

See this post on Reddit for more:

https://www.reddit.com/r/ByteBall/comments/7pxko2/gbyte_down_on_cryptopia/

13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 21, 2018, 02:03:17 PM
What will be the mechanism of verification of provided documents for ID verification that is my concern as well. This issue has already been raised because different countries use different formats for those documents and don't give access to their databases. What if some one use counterfeit documents for id verification ?

Many good questions and debate going on about Jumio.
This is good, and will make the offer even stronger over time with a few tweaks here and there.

It is laughable to see the market reaction to such a minor issue - It's good that weak hands and non
believers continue to liquidate at such absurdly low prices. Bytes are flowing into stronger and stronger hands with every passing day.

I'm confident the Jumio Attestation Process will be tweaked and refined in short order. Its an absolutely essential tool for
ByteBall to have, and for some, it will be perfect, but the truth is, its just not for everyone.

I'm also confident that other methods will be developed to engage all the Byteballers that don't want or need this aspect.

14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 21, 2018, 01:35:08 AM
For what I've seen the verification process works perfectly fine when using a passport. However, when using a national ID, the process fails with ERROR_NOT_READABLE_ID.

Is it possible the process expects a specific ID format? For example only U.S. (or other single country) ID or driving license? I'd guess there's no issue when using a passport because its format is more standard internationally.

If Jumio expects only some specific format, it should be clearly stated.

And unless it is corrected soon, it should also be stated that if you get it wrong, you will pay for each attempt.
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 19, 2018, 10:08:18 AM
Brilliant! But I would change it slightly for more convenience and program logic where no UniqueID is required (why reveal privacy to somebody who doesn't need it!):
  • Person B starts the verification process. At some point the bot asks whether he wants to pay it from his funds or ask somebody else to pay for him. Person B has the option to enter somebody else's address (of person A, old user). If the address is not single address wallet, the user gets info, it's not possible and can enter another address. Possibly he could enter a list of addresses he would like to offer the deal to.
  • Person A gets notified in the client to pay the fee on behalf of person B and is offered to verify with Jumio if he hasn't yet.
  • Person A makes the payment (which makes him the referrer), with the guarantee the $8 are being used to pay Jumio if he is verified himself. He can still do it without verification just to help others.
  • Person B gets the verification link and finishes the process

This way you can post your verified address publicly and invite people to earn money, or send a mailing and describe the deal... and the snowball effect starts! EASY! This would give a true PayPal effect...


Then people could set up self-perpetuating funds (like on this forum, a fb group, reddit, wherever) and it would be a VERY ATTRACTIVE model also for the exchanges to use this to generate more revenue... And the price of Byteball would grow accordingly, so it could turn into a never ending story...

BTW: there should be also a way to generate deeplinks into the bot (Google Fire) with your address as referal to automate this process and just send people invitation links, and then the bot recognizes it and makes it for people really easy without asking any questions about payment. Just informing people: "The fee of $8 will be paid by your referer... Say thanx to him" Smiley
The link that you as old user would post would look like: http://byteballwallet.hdgll.heiwe/verify/ref/0ASe.....E3 or whatever your byteball addrress.

Then, also download/installation referer links could be offered to install the byteball wallet:
http://install.byteball.org/install/ref/0ASe.....E3 or whatever your byteball addrress
This would install a wallet with referrer set as your address.
When then the user wants to later verify, you will be offered to pay for verification (but the user will have also the choice to pay himself or ask somebody else to pay for him).

You could send out these links out of your wallet automatically like you do with textcoins.
This would be a REALLY EASY no brainer tool for newbies to help grow the community and earn money doing it.
Everybody could do it! No skills required. "Invite your friends to Byteball and earn money"

Byteball user base would explode in size with this tool. And Byteball would become for many the first crypto to get in touch with. Then, when they try other cryptos with their shitty interfaces and slow payments, high fees, they would bring the good experience they made with Byteball into consciousness of the mainstream...

Tony! What do you think?

I love it!

This is exactly the kind of creative thinking I was hoping to encourage:
https://bitcointalk.org/index.php?topic=1608859.msg28085267#msg28085267
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 17, 2018, 10:20:59 PM
Quote

Not sure if people realize the gravity of this announcement. This is really huge and a game changer!!

Imagine if people could get verified on Byteball platform (with the verified ID hash stored on DAG) and have control to choose to post your verified identity publicly or privately. What do you think will be the preferred ICO platform for all the new ICOs?

Putting all the pieces together -

# No KYC/AML or regulatory hassles since the participating user's identity can be established and verified,
# Flexibility of accepting ETC, BTC and GB via the ICO-bot,
# No network congestion like the one seen in Ethereum's network during major ICOs (one word - DAG)
# Not just new crypto ICOs, just imagine if Financial Institutions want to issue tokens and comply with KYC/AML regulations, who do you think they would turn to?

# What's the incentive for a user to register on Byteball platform you ask?
         - If they verify their identity once, they can participate in any future ICOs without worrying about the email-registrations, ETH/BTC address white-listing, KYC pre-checks etc. It would just be a simple one-click participation.
         - Still not enough of an incentive you say? Think cashback from the undistributed pool for registering your identity on the platform Wink

As I said before, this is huge and we will see this happen in the coming weeks! Buy as many GB as you can before Tony announces this! Byteball is gonna blow up once people realize how awesome it is, with all of this!

This IS HUGE!

Another massive piece falls into place - outstanding.

"ByteBall" - Simply the best P2P Digital Asset Value Transfer & Storage Platform for the Age of the Distributed Ledger.
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 17, 2018, 09:07:31 AM
You are getting very close to the original concept. At some point "White snowball" rolling downhill and constantly growing was a guiding image.

That's really nice to know  Grin, me being a newbie and all.

Thanks for sharing.
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 17, 2018, 09:03:03 AM

Wow, a really good read. Thanks for sharing and thanks for what you did.
I also appreciate what you said about "stepping into a slow and frustrating direction".
I know it's been frustrating for everyone, but I believe things can and are changing for the better.
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 17, 2018, 08:01:06 AM
Crikey, my last post was a disaster from start to finish.
https://bitcointalk.org/index.php?topic=1608859.msg28172554#msg28172554
 
Please allow me to explain and hopefully redeem myself  Embarrassed:


In my frustration with the extremely divisive and damaging "name" issue, I tried to convey too many things all at once, hoping to illustrate that messaging can and does create peoples perceptions, and the same can be true for ByteBall - but I made a mistake, I rushed it - that image and the concept was way too under developed to be published at that time.

The truth is, I was really excited, because I believed I'd found a perfect symbol for ByteBall & the DAG (and still do).

It was the concept (in my mind anyways) of a "ball of bytes" speeding through cyberspace that first grabbed my attention, and the DAG growing...getting more powerful and faster over time...leaving a kind of tail of connected data... I found the image to be energizing & exciting, just like ByteBall.

So, more to the point of "Simplicity is beauty", I've tried to refine the concept a bit. (Unfortunately, my Photoshop skills are quite limited. A real graphics pro could take this concept much further than I, with font adjustments, size of the "Ball of Bytes", tail adjustments, better color grading variations etc. etc.)

I really think it's worth another look, and we simply have to get the energy up with regards to the ByteBall name. So here's my updated version:  Do you see the "Ball of Bytes" & the DAG as well?

All kinds of variations are possible, like this: or maybe this

So, what do you think? Perhaps it just doesn't resonate with anyone but me - and that's ok. It would just be nice to know.

If there is no response again (good or bad) for all that effort, I will have learned something else I need to know about this project as an actual investor. (yes, I have real money invested - no free ride for me - gives one a very different perspective - don't you think?)

Let me tell you this, if we as a community don't fix this silly name thing soon, it's gonna bite us. I don't want that to happen.

It seems to me that Tonych has no desire to change the name - and why should he, it's a great name - especially with the right graphics, messaging & marketing, and the support of the community of course. Anyone who giggles at the name is . . . well, ignorant. Why do we as a community tolerate it?

Please do your part to purge this disease from our midst so we can get on with more important things.

cheers.
Pinstripe

References:
Additional References:
https://bitcointalk.org/index.php?topic=1608859.msg28035225#msg28035225 - let's get past our squabbles - we have work to do.
https://bitcointalk.org/index.php?topic=1608859.msg28085267#msg28085267 - some really powerful distribution possibilities - just needs some imagination & creativity to overcome the "potential abuse" objections - more on that later.
20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 15, 2018, 10:50:19 AM

Hey ByteBall Fans,
I was just goofing with Photoshop and I came up with this:
What do you think?

Don't want to step on anyone's toes, especially silvercatman on Reddit who is doing an awesome job (and deserves the credit for this inspiration), but I thought it was interesting and wanted to share. Obviously if we used something like this we would refine the messaging and tidy things up a lot (this is not a final version by any means)

cheers. pinstripe.

Additional References:
https://bitcointalk.org/index.php?topic=1608859.msg28035225#msg28035225 - let's get past our squabbles - we have work to do.
https://bitcointalk.org/index.php?topic=1608859.msg28085267#msg28085267 - some really cool distribution possibilities - I think anyway - more on this later.


Oops, that didn't work out quite like I hoped Shocked
newbie account. oh well, what can one do...

Anyways, we can purchase the image here if we like it: https://www.fotosearch.fr/CSP990/k11114953/

cheers.

Wow, all kinds of issues getting this image up:
last try:

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