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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1169711 times)
Odeoke
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August 27, 2017, 05:12:43 PM
 #13101

Price are again on the move as usually happens though this isn't hard pump like last distributions. It is still very good to shake the market little bit just few days before the distribution to let the people know about it. I like recently added features these are cool.
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byteball3r
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August 27, 2017, 05:24:51 PM
 #13102

I anticipate that with this airdrop the price will actually soar afterwords because the market has over-adjusted the price based on previous post-airdrop dumps. This is especially true given that only around 10,000 GB will be given to the 1 million+ linked bitcoin.
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August 27, 2017, 05:36:58 PM
 #13103

Real market moves will be made after all bytes will be distributed. Never forget that the value of this coin is not low and also bear in mind that it has one of the most advanced wallet around.
This is still early stages  Wink

I am not interested in preserving the status quo; I want to overthrow it. Niccolò Machiavelli
kola-schaar
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August 27, 2017, 06:04:08 PM
 #13104

In Byteball, the entities can change at any time if the majority of users decide..

How is the majority measured?
voting: by trusting the witnesses or withdrawing trust

whitepaper page 1
Users choose the witnesses by naming the user-trusted witnesses in every
storage unit.

page 10
Note that we trust the witnesses only to be signs of reality and to
not post nonserial units on any shadow chains. We are not giving any of them
control over the network or any part thereof. Even for this small duty, it is users
who appoint the witnesses and they can change their decisions at any time.

page 11
In case a user thinks that any of the witnesses has lost his credibility, or there
are just better candidates, the user can replace the witness with a new witness in
his list, bearing in mind that his witness list may not differ from that of other units
by more than one position. This means that any changes can happen only
gradually, and a general consensus is required for a change bigger than one
position.



I think the concept is very nice.
(It reminds me of the "antifragility" propagated by N.N. Taleb - it combines flexibility and stability.)

I meant majority of users. I doubt someone will ask the passports to count real humans, there must be another method of majority measurement.

I understand you mean an attack by click-farming like this:
http://www.dailymail.co.uk/video/news/video-1463233/Chinese-click-farm-10-000-phonse-makes-fake-app-ratings.html
..to infiltrate / manipulate the network.

I think the users or the community must take care of this (page 11).
Everything has its price - also Simplicity..
Manipulation is possible if the witnesses do not have the quality required by tony (page 1 + 9).
Witnesses must not possess anonymity and must be well-known

page 1
Witnesses are reputable users with real-world identities,...

page 9
(Witnesses)...participants of our network are non-anonymous reputable people or companies who might have a long
established reputation, or they are businesses interested in keeping the network healthy.


page 11
*it is sufficiently small that humans can keep track of all the witnesses to
know who is who and change the list when necessary;


(Larger conspiracies are usually quickly discovered: http://journals.plos.org/plosone/article?id=10.1371/journal.pone.0147905)
ChainSmoker
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August 27, 2017, 07:31:04 PM
 #13105

Now we have a bot that sells blackbytes for bytes.  The sale is through a conditional payment smart contract, so the bot can't scam you.



The rate is fixed, and it is a unidirectional sale only, the bot doesn't offer the reverse exchange.

The bot is already in the Bot Store.

Source code: https://github.com/byteball/conditional-token-sale.  
You can easily change a few parameters and use it to sell your tokens.
Tested and it works fine Smiley
Can you tell me how to add this to my byteball wallet so i can sell my GBB for GB?I am not a technical guy to edit codes and can we only buy GBB and not sell?

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August 27, 2017, 07:35:54 PM
 #13106

can somebody provide the source of coincheck listing Gbyte? What are the dates?

s1lverbox
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August 27, 2017, 08:40:08 PM
 #13107

can somebody provide the source of coincheck listing Gbyte? What are the dates?

there is nothing certain. someone founded some info on twitter thats all. And some extra Api entry
ivanst776
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August 27, 2017, 08:47:15 PM
 #13108

The Byteball price has been increased today, what was the reason for this pump?

The Airdrop is in the next 9 days and people have start buying probably now and that's why the price has started increasing?

I'm holding, when should I sell?
memberx
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August 27, 2017, 08:50:10 PM
 #13109

The Byteball price has been increased today, what was the reason?


Distribution coming and price was very very low

Brilliantrocket
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August 27, 2017, 10:57:35 PM
 #13110

someone please pump byteball  Sad Sad Sad

well done! did anyone analyzed the graph for growth? I think by September 6 day it will grow, as will the bytes will be buying up for the best profit. This is true?

it will get dumped after airdrop..
till that time be patience
d-trix
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August 27, 2017, 11:13:56 PM
 #13111

someone please pump byteball  Sad Sad Sad

well done! did anyone analyzed the graph for growth? I think by September 6 day it will grow, as will the bytes will be buying up for the best profit. This is true?

it will get dumped after airdrop..
till that time be patience

Yep, we've seen it before but byteball is very resilient and can quickly recover from those dumps. Hopefully it will lessen on the upcoming aidrop.
Alao
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August 27, 2017, 11:30:00 PM
 #13112

Now we have a bot that sells blackbytes for bytes.  The sale is through a conditional payment smart contract, so the bot can't scam you.



The rate is fixed, and it is a unidirectional sale only, the bot doesn't offer the reverse exchange.

The bot is already in the Bot Store.

Source code: https://github.com/byteball/conditional-token-sale.  
You can easily change a few parameters and use it to sell your tokens.
Tested and it works fine Smiley
Can you tell me how to add this to my byteball wallet so i can sell my GBB for GB?I am not a technical guy to edit codes and can we only buy GBB and not sell?

Announcing: Trusless Blackbyte Exchange, Fully Automatic, p2p [Beta Test]

https://www.reddit.com/r/ByteBall/comments/6rm27u/announcing_trusless_blackbyte_exchange_fully/

§: 8Q7zvaH955cCbqu2nCvpPcTvczGfe9psxE
§1 = 1MWh
Alao
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August 27, 2017, 11:34:29 PM
 #13113

The Byteball price has been increased today, what was the reason for this pump?

The Airdrop is in the next 9 days and people have start buying probably now and that's why the price has started increasing?

I'm holding, when should I sell?

No one can tell you when to sell. If you look at the history thr coins goes up before an airdrop becuase you can get more free Bytes if you own. After the distribution comes the dump. I think the price will rise for the next 9 days. If you don't care about getting free bytes then just sell before the airdrop. If you just HODL. I've actually increased my byte holding by buying and selling blackbytes. The price went from .01 MB per MBB to .09 MB to MBB.

§: 8Q7zvaH955cCbqu2nCvpPcTvczGfe9psxE
§1 = 1MWh
zhouyz
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August 28, 2017, 01:45:17 AM
 #13114

Byteball The chat function is excellent.
davidoski
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August 28, 2017, 02:09:46 AM
 #13115



Announcing: Trusless Blackbyte Exchange, Fully Automatic, p2p [Beta Test]

https://www.reddit.com/r/ByteBall/comments/6rm27u/announcing_trusless_blackbyte_exchange_fully/

1. Where should we look for updates on this bot? It's hard to follow this bitcointalk topic as it is quite chaotic.
2. Why is a fee 25kB if byteball transaction costs only 0,5kB?

Chancellor on brink of second bailout for banks
spankyminer
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August 28, 2017, 04:29:36 AM
 #13116

The Byteball price has been increased today, what was the reason for this pump?

The Airdrop is in the next 9 days and people have start buying probably now and that's why the price has started increasing?

Yep, it happens everytime before the airdrop. You really have to sell then sell right before the airdrop as the price will tank usually
SealTx
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August 28, 2017, 04:42:22 AM
 #13117

1) Can I chat another user's byteball address, or does the user have to send me a pairing code?
2) Can the pairing code be used by more than one person / address? Like, could I put a paring code in my sig line?
GymForVitalik
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August 28, 2017, 05:15:28 AM
 #13118

Is there any news about cooperation with the TenX card?

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davidoski
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August 28, 2017, 05:16:08 AM
 #13119

1) Can I chat another user's byteball address, or does the user have to send me a pairing code?
2) Can the pairing code be used by more than one person / address? Like, could I put a paring code in my sig line?
1. Only pairing code allows to pair and therefore to chat.
2. Sure. Otherwise we won't be able to pair with the exchange bot. There are 392 people there now.

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SealTx
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August 28, 2017, 05:19:39 AM
 #13120

1) Can I chat another user's byteball address, or does the user have to send me a pairing code?
2) Can the pairing code be used by more than one person / address? Like, could I put a paring code in my sig line?
1. Only pairing code allows to pair and therefore to chat.
2. Sure. Otherwise we won't be able to pair with the exchange bot. There are 392 people there now.

Thanks for the answers... heh... and I am one of the 392 from the wiki link. hahah... should have figured out #2

Thanks again!
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