Obyte: Totally new consensus algorithm + private untraceable payments

[rigel]

Many news today.

1. We have our first cashback merchants:
Premiumize: Premium downloads, cloud torrents, and VPN.  They also accept payments in Bytes.
NODEshare: masternode as a service.  They also accept payments in Bytes and offer merchant match for large orders.
Other partners are at various stages, I'll announce them when launched.
Cashbacks will come from this address https://explorer.byteball.org/#TU3Q44S6H2WXTGQO6BZAGWFKKJCF7Q3W

2. We'll skip the October full moon.  We need more time to allow more merchants to join the cashback program and I want a larger share of the remaining undistributed coins to be used for acquiring new users.  Larger partners have large teams and need more time to make decisions and integrate.  The next distribution (after September 6) will be on the full moon of November (Nov 4, 2017), and the rules are the same as for September: +10% for Byte holders, 0.00625 GB/BTC for Bitcoin holders.

3. My long time partner Steve Safronov has joined our team and will take care of business development.  He was CEO in one of my previous businesses and helped to grow it manyfold and then sell.  His current focus will be helping solid real-world non-crypto projects raise funds through ICOs on Byteball platform, there are a number of projects already being prepared since August (still early stages).  He will be our 4th team member with committed time, he will be paid from the Community Fund, and I fully trust him to bring new business into Byteball.

WHAT?

You're just canceling the airdrop?  
I'm pissed off.

If you're a professional and you promise/schedule something, then do it... Nobody wants to deal with unreliable people.
Imo a bad move to break promises. The crypto technology (in general) is largely unproven, so mostly based on trust.

Not canceling airdrop, just postponing one month.

[demiola]

Hello? I have 2 Gigabytes in my wallet from official site and still dont get bytes. I should just wait a little bit more time to get them or do smth else?

[bitcircle]

This distribution will bring low quantity of coins due to increase the linking amount to the wallet this time I bought some coins from exchange and let them into my wallet to get stake from this airdrop. I think this is nice decision to grow my coins.

[CryptoRobert]

Many news today.

1. We have our first cashback merchants:
Premiumize: Premium downloads, cloud torrents, and VPN.  They also accept payments in Bytes.
NODEshare: masternode as a service.  They also accept payments in Bytes and offer merchant match for large orders.
Other partners are at various stages, I'll announce them when launched.
Cashbacks will come from this address https://explorer.byteball.org/#TU3Q44S6H2WXTGQO6BZAGWFKKJCF7Q3W

2. We'll skip the October full moon.  We need more time to allow more merchants to join the cashback program and I want a larger share of the remaining undistributed coins to be used for acquiring new users.  Larger partners have large teams and need more time to make decisions and integrate.  The next distribution (after September 6) will be on the full moon of November (Nov 4, 2017), and the rules are the same as for September: +10% for Byte holders, 0.00625 GB/BTC for Bitcoin holders.

3. My long time partner Steve Safronov has joined our team and will take care of business development.  He was CEO in one of my previous businesses and helped to grow it manyfold and then sell.  His current focus will be helping solid real-world non-crypto projects raise funds through ICOs on Byteball platform, there are a number of projects already being prepared since August (still early stages).  He will be our 4th team member with committed time, he will be paid from the Community Fund, and I fully trust him to bring new business into Byteball.

WHAT?

You're just canceling the airdrop?  
I'm pissed off.

If you're a professional and you promise/schedule something, then do it... Nobody wants to deal with unreliable people.
Imo a bad move to break promises. The crypto technology (in general) is largely unproven, so mostly based on trust.

The rule of the airdropped has been changed also other times in order to better fit reality and for the long term sake of the coin. For example monthly distribution was originally 10% of Byteball holdings and it was increased to 20% (and nobody found that unreliable BTW). Announcement has been done in fair time so as to give to anyone time to adapt their strategies.

[pumz]

With postponing decision on next distribution it seems that things are getting serious. Whatever the team takes in order to make the project successful in the long run I will support. Anyway after reaching at some stage these distributions have to reach at an end. Let's see what future reserves for us all.

[codemanX]

Hello? I have 2 Gigabytes in my wallet from official site and still dont get bytes. I should just wait a little bit more time to get them or do smth else?

Just read the few last posts, the answer is only 6 posts above yours, on the same page

[legolas890]

Someone asked me, I had 2gbyte on my android wallet on 5/9. and I just pulled out 5 minutes ago. It's been over 1 hour and 40 minutes.
So my android will still be 0.2 gbyte in a few hours right?
thanks you

[candymimi007]

Today is a full-moon day
Just waiting...

[LoyceV]

Many news today.

1. We have our first cashback merchants:
Premiumize: Premium downloads, cloud torrents, and VPN.  They also accept payments in Bytes.
NODEshare: masternode as a service.  They also accept payments in Bytes and offer merchant match for large orders.
Other partners are at various stages, I'll announce them when launched.
Cashbacks will come from this address https://explorer.byteball.org/#TU3Q44S6H2WXTGQO6BZAGWFKKJCF7Q3W

2. We'll skip the October full moon.  We need more time to allow more merchants to join the cashback program and I want a larger share of the remaining undistributed coins to be used for acquiring new users.  Larger partners have large teams and need more time to make decisions and integrate.  The next distribution (after September 6) will be on the full moon of November (Nov 4, 2017), and the rules are the same as for September: +10% for Byte holders, 0.00625 GB/BTC for Bitcoin holders.

3. My long time partner Steve Safronov has joined our team and will take care of business development.  He was CEO in one of my previous businesses and helped to grow it manyfold and then sell.  His current focus will be helping solid real-world non-crypto projects raise funds through ICOs on Byteball platform, there are a number of projects already being prepared since August (still early stages).  He will be our 4th team member with committed time, he will be paid from the Community Fund, and I fully trust him to bring new business into Byteball.

Great decisions and good news Tony! As a Byteball holder, I don't need more airdrops as long as that only creates inflation and drops the price further.
In retrospect, it would have been most valuable to sell my Bytes the moment I received them. At each airdrop I got more, but the total value didn't go up anymore. Now I am holding them for sure, no point selling at undervalued price.
If you can manage to use the remaining bytes to spread awareness and increase the number of users, that will be much more valuable for current Byteball holders than just doubling the amount in our own wallets.

Most of current ICOs just use a made-up token with a made-up plan to raise money for nothing quickly. It wouldn't surprise me if most of them disappear again just as fast, after the creators ran with the money of course.
Your idea - using ICOs for real-world non-crypto projects, sounds like crowd funding to me, which is a growing market. This opens up many possibilities, but I can already see some difficulties: how to decide which project is trusted for instance. Or, say I invest 1 GBYTE worth $400 in a project that funds a restaurant. The restaurant makes a nice profit, and pays back $40 per year (a decent 10%) to investors each year. Now suppose a GBYTE is worth $4000 just 5 years from now, that means investing in this restaurant was a much worse choice than just holding on to my 1 GBYTE.
I do like the idea, and I do think Byteball needs it to grow real-life applications, so I'm very keen to see your implementation.

[s@t0sh!]

wasnt the snapshot 2 days ago?

not worried, but still waiting...

Nope, it was today around 2.5 hrs ago. Should be getting the BYTES soon...

[addicto]

This is good to know snapshot has been taken few hours hopefully everybody would get their coins by this evening I hope this time wont go down like before. Now people will get 10x less coins for linking their wallet I have decent amount into my wallet and nice to stake them.

[dreamer81]

Many news today.

1. We have our first cashback merchants:
Premiumize: Premium downloads, cloud torrents, and VPN.  They also accept payments in Bytes.
NODEshare: masternode as a service.  They also accept payments in Bytes and offer merchant match for large orders.
Other partners are at various stages, I'll announce them when launched.
Cashbacks will come from this address https://explorer.byteball.org/#TU3Q44S6H2WXTGQO6BZAGWFKKJCF7Q3W

2. We'll skip the October full moon.  We need more time to allow more merchants to join the cashback program and I want a larger share of the remaining undistributed coins to be used for acquiring new users.  Larger partners have large teams and need more time to make decisions and integrate.  The next distribution (after September 6) will be on the full moon of November (Nov 4, 2017), and the rules are the same as for September: +10% for Byte holders, 0.00625 GB/BTC for Bitcoin holders.

3. My long time partner Steve Safronov has joined our team and will take care of business development.  He was CEO in one of my previous businesses and helped to grow it manyfold and then sell.  His current focus will be helping solid real-world non-crypto projects raise funds through ICOs on Byteball platform, there are a number of projects already being prepared since August (still early stages).  He will be our 4th team member with committed time, he will be paid from the Community Fund, and I fully trust him to bring new business into Byteball.

great news. Did something go wrong with the september 6th distribution? It seems like no distribution was made yet??

[Makinson]

It'll be interesting to see how much the coins dumps/pumps now because they changed the amounts that they will distribute.

[legolas890]

 I had 2gbyte on my android wallet on 5/9. and I just pulled out 5 minutes ago. It's been over aidrop 6/9 7:02 - 1 hour and 40 minutes.
So my android will still be 0.2 gbyte in a few hours right?
thanks you

Somebody help me

[Denker]

This is good to know snapshot has been taken few hours hopefully everybody would get their coins by this evening I hope this time wont go down like before. Now people will get 10x less coins for linking their wallet I have decent amount into my wallet and nice to stake them.

Have you watched the chart the last few hours?
Byteball went down another 12%! It recovered a bit, but still -7%.
It needs to be seen how the coin will react the next few weeks. So far I wouldn't expect much pumping. Lots of low sideways with some smaller swings, testing the patience of the actual holders. And later, probably in a few months, you may see some pump and the coin rising. This however will also depend on the overall situation in the whole altcoin market I'd guess..

[zuzuca]

i have moved into a smart contract some of my funds aroud a half an hour after the full moon...can i have the unpleasent surprise that the airdrop willnot count those?

[HCP]

You're just canceling the airdrop?  
I'm pissed off.

If you're a professional and you promise/schedule something, then do it... Nobody wants to deal with unreliable people.
Imo a bad move to break promises. The crypto technology (in general) is largely unproven, so mostly based on trust.

Translation: "wah wah wah... ZOMG where's my free money??!? wah wah wah... I don't give a shit about your cryptocurrency or your roadmap or anyone else... I wAntZ mah Free MONEYZ!!!!?!!1!!?!"

Seriously, you typify EVERYTHING that is wrong with the Cryptocurrency world today... *smh*

Nobody owes you anything. Put on your big boy pants and dry your eyes.

You guys already see the official website now?
It's showing that the next distribution will happen in 29 days (Full Moon, October 5 18:40 UTC)!!!!

You sure about that?

[Crypto_Jay_99]

You're just canceling the airdrop?  
I'm pissed off.

If you're a professional and you promise/schedule something, then do it... Nobody wants to deal with unreliable people.
Imo a bad move to break promises. The crypto technology (in general) is largely unproven, so mostly based on trust.

Translation: "wah wah wah... ZOMG where's my free money??!? wah wah wah... I don't give a shit about your cryptocurrency or your roadmap or anyone else... I wAntZ mah Free MONEYZ!!!!?!!1!!?!"

Seriously, you typify EVERYTHING that is wrong with the Cryptocurrency world today... *smh*

Nobody owes you anything. Put on your big boy pants and dry your eyes.

Lol. Overreact much?

You see that this creating a lot of confusion, hence it's a bad move (both short/long term) imo.
Doing the airdrop as promised shouldn't affect the technical roadmap much (if anything).

[ChoobyMaverick]

Wow!.. this is epic, massive dump on Byteball lol!.. Sorry to see a promising project like this die off,.. seems Byteball's going the "dead and forgotten" way.. No marketing from the dev team, no visible imprints on presence in the crytoverse,.. the entire project seems lost in oblivion... what's up Byteball?!..   

[vingaard]

Many news today.

1. We have our first cashback merchants:
Premiumize: Premium downloads, cloud torrents, and VPN.  They also accept payments in Bytes.
NODEshare: masternode as a service.  They also accept payments in Bytes and offer merchant match for large orders.
Other partners are at various stages, I'll announce them when launched.
Cashbacks will come from this address https://explorer.byteball.org/#TU3Q44S6H2WXTGQO6BZAGWFKKJCF7Q3W

2. We'll skip the October full moon.  We need more time to allow more merchants to join the cashback program and I want a larger share of the remaining undistributed coins to be used for acquiring new users.  Larger partners have large teams and need more time to make decisions and integrate.  The next distribution (after September 6) will be on the full moon of November (Nov 4, 2017), and the rules are the same as for September: +10% for Byte holders, 0.00625 GB/BTC for Bitcoin holders.

3. My long time partner Steve Safronov has joined our team and will take care of business development.  He was CEO in one of my previous businesses and helped to grow it manyfold and then sell.  His current focus will be helping solid real-world non-crypto projects raise funds through ICOs on Byteball platform, there are a number of projects already being prepared since August (still early stages).  He will be our 4th team member with committed time, he will be paid from the Community Fund, and I fully trust him to bring new business into Byteball.

Great news and good work Devs!!