Obyte: Totally new consensus algorithm + private untraceable payments

[BurtW]

Anyone who still thinks IOTA is serious project should read this first.

https://medium.com/@neha/cryptographic-vulnerabilities-in-iota-9a6a9ddc4367

Byteball relies on Bitcoin cryptography. Only libsecp2561k the good old tried and tested. Enjoy!

The vulnerability found in IOTA was in their home grown HASH function.  Bitcoin uses standard HASH functions such as AES.  Secp256k1 is the elliptic curve used by Bitcoin not the hash function so your reference to it is incorrect in this context.  IOTA was stupid/naive enough to think they could invent their own hash function, a totally noob security mistake.  How many other major security mistakes have they made?

[SatoNatomato]

Anyone who still thinks IOTA is serious project should read this first.

https://medium.com/@neha/cryptographic-vulnerabilities-in-iota-9a6a9ddc4367

Byteball relies on Bitcoin cryptography. Only libsecp2561k the good old tried and tested. Enjoy!

The vulnerability found in IOTA was in their home grown HASH function.  Bitcoin uses standard HASH functions such as AES.  Secp256k1 is the elliptic curve used by Bitcoin not the hash function so your reference to it is incorrect in this context.  IOTA was stupid/naive enough to think they could invent their own hash function, a totally noob security mistake.  How many other major security mistakes have they made?

No they actually used the hash function in a digital signature scheme which they also fucked up!

All of Iota is a mistake, from concept/idea to implementation and disgusting leadership.

[greentea]

Anyone who still thinks IOTA is serious project should read this first.

https://medium.com/@neha/cryptographic-vulnerabilities-in-iota-9a6a9ddc4367

Byteball relies on Bitcoin cryptography. Only libsecp2561k the good old tried and tested. Enjoy!

The vulnerability found in IOTA was in their home grown HASH function.  Bitcoin uses standard HASH functions such as AES.  Secp256k1 is the elliptic curve used by Bitcoin not the hash function so your reference to it is incorrect in this context.  IOTA was stupid/naive enough to think they could invent their own hash function, a totally noob security mistake.  How many other major security mistakes have they made?

This was addressed 1 month ago:
https://blog.iota.org/upgrades-updates-d12145e381eb

Another statement released today:
https://blog.iota.org/curl-disclosure-beyond-the-headline-1814048d08ef

[SatoNatomato]

Anyone who still thinks IOTA is serious project should read this first.

https://medium.com/@neha/cryptographic-vulnerabilities-in-iota-9a6a9ddc4367

Byteball relies on Bitcoin cryptography. Only libsecp2561k the good old tried and tested. Enjoy!

The vulnerability found in IOTA was in their home grown HASH function.  Bitcoin uses standard HASH functions such as AES.  Secp256k1 is the elliptic curve used by Bitcoin not the hash function so your reference to it is incorrect in this context.  IOTA was stupid/naive enough to think they could invent their own hash function, a totally noob security mistake.  How many other major security mistakes have they made?

This was addressed 1 month ago:
https://blog.iota.org/upgrades-updates-d12145e381eb

Another statement released today:
https://blog.iota.org/curl-disclosure-beyond-the-headline-1814048d08ef

my god, another statement? All must be well and good with iota when peons are spoken to directly by self proclaimed clowns by issuing statements.

In all seriousness, nice damage control, a cryprocurrency with broken crypto which even a schoolboy could have done better.

This issue btw, was raised by me 6months ago to iota in february.

[Michail1]

In all seriousness, nice damage control, a cryprocurrency with broken crypto which even a schoolboy could have done better.

This issue btw, was raised by me 6months ago to iota in february.

In a Byteball thread or IOTA thread?  

Was just wondering why are we talking about IOTA in this thread?

[SatoNatomato]

In all seriousness, nice damage control, a cryprocurrency with broken crypto which even a schoolboy could have done better.

This issue btw, was raised by me 6months ago to iota in february.

In a Byteball thread or IOTA thread?  

Was just wondering why are we talking about IOTA in this thread?

Always good to remind people that Byteball is better, is epic, compared to the only other attempted DAGcoin.

Byteball, true DAG, the only blockchain-less cryptocurrency of 2017.

Byteball the only consensus algorithm with unlimited scaleability. Best crypto.

[milik]

In all seriousness, nice damage control, a cryprocurrency with broken crypto which even a schoolboy could have done better.

This issue btw, was raised by me 6months ago to iota in february.

In a Byteball thread or IOTA thread?  

Was just wondering why are we talking about IOTA in this thread?

Always good to remind people that Byteball is better, is epic, compared to the only other attempted DAGcoin.

Byteball, true DAG, the only blockchain-less cryptocurrency of 2017.

Byteball the only consensus algorithm with unlimited scaleability. Best crypto.

I feel comfortable knowing that we are protected, that byteball is built on a firm, seamless foundation. Tonich does a great job and soon will smile the price too

[SatoNatomato]

In all seriousness, nice damage control, a cryprocurrency with broken crypto which even a schoolboy could have done better.

This issue btw, was raised by me 6months ago to iota in february.

In a Byteball thread or IOTA thread?  

Was just wondering why are we talking about IOTA in this thread?

Always good to remind people that Byteball is better, is epic, compared to the only other attempted DAGcoin.

Byteball, true DAG, the only blockchain-less cryptocurrency of 2017.

Byteball the only consensus algorithm with unlimited scaleability. Best crypto.

I feel comfortable knowing that we are protected, that byteball is built on a firm, seamless foundation. Tonich does a great job and soon will smile the price too

Thats damn right.

Ive done analysis of both IOTA and Byteball back in January 2017, and I tried to tell iota people the mistakes they made, especially pointed out the Curl function, you can find it in the "iota unmoderated thread" - while Ive seen Byteball is solid.

The response from iota people is always same, ridicule and attempting to speak from bigger pedastool without saying anything of value.

FFS these researchers took the time, found flaws, reported and didnt weaponize or double-spend which they even had examples off... And they as reward "get well duh its only theoretical and we fix it why u fudd". Dishonorable.

Byteball is as solid as Bitcoin, even the encrypted chat messages - which is extra tricky to get right, is done perfecly well in Byteball.

[hxtxlcb]

Great，i like the game。

[HCLivess]

In all seriousness, nice damage control, a cryprocurrency with broken crypto which even a schoolboy could have done better.

This issue btw, was raised by me 6months ago to iota in february.

In a Byteball thread or IOTA thread?  

Was just wondering why are we talking about IOTA in this thread?

Always good to remind people that Byteball is better, is epic, compared to the only other attempted DAGcoin.

Byteball, true DAG, the only blockchain-less cryptocurrency of 2017.

Byteball the only consensus algorithm with unlimited scaleability. Best crypto.

I feel comfortable knowing that we are protected, that byteball is built on a firm, seamless foundation. Tonich does a great job and soon will smile the price too

Thats damn right.

Ive done analysis of both IOTA and Byteball back in January 2017, and I tried to tell iota people the mistakes they made, especially pointed out the Curl function, you can find it in the "iota unmoderated thread" - while Ive seen Byteball is solid.

The response from iota people is always same, ridicule and attempting to speak from bigger pedastool without saying anything of value.

FFS these researchers took the time, found flaws, reported and didnt weaponize or double-spend which they even had examples off... And they as reward "get well duh its only theoretical and we fix it why u fudd". Dishonorable.

Byteball is as solid as Bitcoin, even the encrypted chat messages - which is extra tricky to get right, is done perfecly well in Byteball.

encrypted chat is not extra tricky to get right

[Michail1]

Yep sorry I was wrong   2 days before the airdrop I did a transaction on electrum and it sent the remaining BTC's in my wallet to a new address not linked.

Ouch, sorry to hear it, but it happens a LOT.   This forces people to learn at Bitcoin and change addresses.

[Karartma1]

Byteball price after the airdrop is hovering around 0.071
People will buy in again?

[Xandan]

Byteball price after the airdrop is hovering around 0.071
People will buy in again?

I am confident about market recovery and will say yes this will do. We had once price over 0.35 BTC and that time development and features were not this advance how they are now. Next month merchant acceptance will also have its impact and no distribution so things overall gives good hope and looks quite suitable to expect nice increase in next weeks.

[candymimi007]

Is there anyone updated the wallet? I am not sure if I should backup the whole wallet first before update

I did update my wallet with no issues
You should always take a backup before applying an update on the wallet

Great thanks

[candymimi007]

Is there anyone updated the wallet? I am not sure if I should backup the whole wallet first before update

I did update my wallet with no issues
You should always take a backup before applying an update on the wallet
[/quote]

Always backup.
Prior to an update, after an update, and
before and after blackbyte payments.

Like I said before, no one has complained about having too many backups.  People always complain when they didn't have a backup they needed.


[/quote]

Thanks for your advice. 

[Denker]

Byteball price after the airdrop is hovering around 0.071
People will buy in again?

It's just swinging imo. I don't expect anything big to happen with the price soon. There must be be some really huge news to give the price a decent push.
Without any positive major announcements we will continue moving sideways with some medium up and down swings. If you can wait, just hold it.

[bobq]

In all seriousness, nice damage control, a cryprocurrency with broken crypto which even a schoolboy could have done better.

This issue btw, was raised by me 6months ago to iota in february.

In a Byteball thread or IOTA thread?  

Was just wondering why are we talking about IOTA in this thread?

Always good to remind people that Byteball is better, is epic, compared to the only other attempted DAGcoin.

Byteball, true DAG, the only blockchain-less cryptocurrency of 2017.

Byteball the only consensus algorithm with unlimited scaleability. Best crypto.

I feel comfortable knowing that we are protected, that byteball is built on a firm, seamless foundation. Tonich does a great job and soon will smile the price too

Thats damn right.

Ive done analysis of both IOTA and Byteball back in January 2017, and I tried to tell iota people the mistakes they made, especially pointed out the Curl function, you can find it in the "iota unmoderated thread" - while Ive seen Byteball is solid.

The response from iota people is always same, ridicule and attempting to speak from bigger pedastool without saying anything of value.

FFS these researchers took the time, found flaws, reported and didnt weaponize or double-spend which they even had examples off... And they as reward "get well duh its only theoretical and we fix it why u fudd". Dishonorable.

Byteball is as solid as Bitcoin, even the encrypted chat messages - which is extra tricky to get right, is done perfecly well in Byteball.

Yes, I guess Iota devs' reaction tells quite a lot about them.
Speaking about Byteball, has anyone audited the code in search of possible flawns?
Personally I'm in love with Byteball, how it's done, how the wallet looks like, how the bots work, the easiness of creating assets on the platform...

[chenpf]

can I provide a bug,it's about wallet,,use ardrond  phone ,copy and paste sometimes is can't use...unless it's restarted..

[Sigizmund]

Guys do you think that small Gbyte team is an obstacle for big success? I mean there are only one core developer and few supporters this make progress very slow.
I love this project and wish to succeed, but now too much competitors out there and will be only few winners in the end.

[AlxMrx]

Hello, I just got my first airdrop of Bytes, but I'm still waiting for Blackbytes. Is that normal?