Obyte: Totally new consensus algorithm + private untraceable payments

[statdude]

Lol. Peeps  need to calm the fuk down. Btfd and wait 6 months for distro to be done. You'll see. Quote me 

[sinner]

Why is IOTA market cap so much higher than Byteball?  I realize that Byteball inflation rate is high since most of the distribution is occurring this year, but still..  

Perhaps airdrops on coins other than bitcoin should be considered? (Ethereum, Monero, Waves)  Even small airdrops will raise awareness.. anything to get people to try Byteball.

Lol. Peeps  need to calm the fuk down. Btfd and wait 6 months for distro to be done. You'll see. Quote me  

Completely agree.  I have accepted that price will be suppressed during the distribution phase.  I have no problem with this because I will be hodling long time, and we should want the people dumping their airdrops to get low price.

[JK47XdeCrypT]

The more people will use the wallet and understand the advantages of byteball the better. Hence the merchants are indeed a good idea.

What is missing though is more Marketing and adoption. So that people actually talk about it. This coins is likely ONE OF THE BIGGEST successes in 2017 - yet it is hardly talked about. More us tech guys know about it.

I believe in Tony and that longterm the price will be up again, for sure in coming weeks as we get closer to the full moon.

[byteball3r]

How many GB have been paid out in the cash back program so far?

[valr]

How many GB have been paid out in the cash back program so far?

Here is the quote from Tony on the cashback address -

...
Cashbacks will come from this address https://explorer.byteball.org/#TU3Q44S6H2WXTGQO6BZAGWFKKJCF7Q3W
...

You can keep tabs on the # of cashback transactions and the amounts.

[saruyama]

The more people will use the wallet and understand the advantages of byteball the better. Hence the merchants are indeed a good idea.

What is missing though is more Marketing and adoption. So that people actually talk about it. This coins is likely ONE OF THE BIGGEST successes in 2017 - yet it is hardly talked about. More us tech guys know about it.

I believe in Tony and that longterm the price will be up again, for sure in coming weeks as we get closer to the full moon.

I was a big believer of this project. But when I used other wallets of Ark, PIVX and Decred, I stopped believing in Byteball wallet's superiority. Yes, the chatbot function is nice. But that cannot be enough to think Byteball should be in top 30 or 50 crypto.

Blackbytes may have some advantage in privacy, but PIVX's zPIV looks better in terms of ease of use, as far as I can tell.

Maybe it's just I don't fully appreciate technical attractiveness of Byteball, but for the time being, I am comfortable with investing in other nice projects. When price uptrend is back, I may come back to buy some bytes , though.

[carlosmg]

The more people will use the wallet and understand the advantages of byteball the better. Hence the merchants are indeed a good idea.

What is missing though is more Marketing and adoption. So that people actually talk about it. This coins is likely ONE OF THE BIGGEST successes in 2017 - yet it is hardly talked about. More us tech guys know about it.

I believe in Tony and that longterm the price will be up again, for sure in coming weeks as we get closer to the full moon.

I was a big believer of this project. But when I used other wallets of Ark, PIVX and Decred, I stopped believing in Byteball wallet's superiority. Yes, the chatbot function is nice. But that cannot be enough to think Byteball should be in top 30 or 50 crypto.

Blackbytes may have some advantage in privacy, but PIVX's zPIV looks better in terms of ease of use, as far as I can tell.

Maybe it's just I don't fully appreciate technical attractiveness of Byteball, but for the time being, I am comfortable with investing in other nice projects. When price uptrend is back, I may come back to buy some bytes , though.

I'm sorry to tell you that the superiority of a cryptocurrency depends on the protocol, not on the wallet.

[yefi]

Who'da eva thunk that a coin that raced to one third of Bitcoin's price would have gone down like this? /s

It was about as obvious that those prices wouldn't be maintained as it was with ZCash's.

[Janeath33]

What do you mean by "allow access to the private keys to official wallet"?

It is impossible to export private key in testnet..we can just import key..if wallet crash how can us restor it ?..privat key is an security allowing export fonds..so plan yu to allow this fonctionality in official wallet.

Unlike Bitcoin, private key in Byteball is not enough to restore access to funds.  Hence, to avoid giving false sense of security, I removed the export function.

happy friday to all frds


tonych can u explain what is the recovery easy system will be for final official wallet ..

need easy 1-2-3 steps to acces byteballs and send them ...

Two options:
1. (crazy) back up the app's data folder (e.g. on windows C:\users\<your user name>\AppData\Local\Byteball test).  You'll have to do that every time you send or receive blackbytes or any other private asset.
2. (practical) set up a multisig wallet with redundancy on two or more devices.  E.g. 1-of-2 on desktop+smartphone.  If one of the devices fails, you still can spend the funds from the other device.

I know this is not secure - but how about a real time back-up solution like owncloud/dropbox for this?

Use https://mega.nz/ - end-to-end encryption with auto sync (set app's data folder) and free 50GB cloud storage

Thanks so much !!!!

[Neon~]

Anyone here tried moving from a full client to a lite client in their machine? Is there an option in lite client to restore the wallet from a full backup made in a full client?

Yes, there are several ways to accomplish that.
No, you can't directly restore from a full node (full backup) to a light wallet; however, you can restore from seed to a lite wallet.   This will convert to a light wallet, but only the bytes.  In order to move the blackbytes, you will have to move them from the full node wallet first to a temporary wallet along with some bytes to pay for the transaction to move them again to your newly restored light wallet.

Thanks for the reply. Will keep running the full node for now, till I face any storage space issues.

[saruyama]

The more people will use the wallet and understand the advantages of byteball the better. Hence the merchants are indeed a good idea.

What is missing though is more Marketing and adoption. So that people actually talk about it. This coins is likely ONE OF THE BIGGEST successes in 2017 - yet it is hardly talked about. More us tech guys know about it.

I believe in Tony and that longterm the price will be up again, for sure in coming weeks as we get closer to the full moon.

I was a big believer of this project. But when I used other wallets of Ark, PIVX and Decred, I stopped believing in Byteball wallet's superiority. Yes, the chatbot function is nice. But that cannot be enough to think Byteball should be in top 30 or 50 crypto.

Blackbytes may have some advantage in privacy, but PIVX's zPIV looks better in terms of ease of use, as far as I can tell.

Maybe it's just I don't fully appreciate technical attractiveness of Byteball, but for the time being, I am comfortable with investing in other nice projects. When price uptrend is back, I may come back to buy some bytes , though.

I'm sorry to tell you that the superiority of a cryptocurrency depends on the protocol, not on the wallet.

I am well aware of that, but still the wallet is what people interact with when cryptocurrency is used. And I am saying that Byteball wallet alone cannot be a great selling point when there are other wonderful wallets available.

[Coiner_]

So, are you going to sell me your bytes.  Seems like you don't want them. 

Why should I do that? There is a good chance that something will come of it.
However, I will not change a single €uro to Bytes. As much as I'd like to.

So you're only complaining because your free Bytes went down in value?

No, I'm complaining that the community is so uncritical.
I complain that the necessary steps will not be taken to really use this coin.
I complain about the fact that there is no roadmap out of which one can see in which direction this project should go, and therefore I may be wasting my time waiting in vain for this currency to finally be usable.

In fact, in my opinion there is nothing better than Byteball. That's why my fundamental and constructive criticism is based on this, and I would like to point out what is necessary to bring this project forward.

I would also like to see what the competition has partly understood here.
Unfortunately, there is no approach where this can be seen.

You complain because you can. I've been popping in and out of this thread and I see the same, almost entirely vapid complaints from you over and over again. If not for the fact that you were not in a sig campaign, I'd be 100% certain you were posting just for that.

[pxrunes]

Short Report from the Weekly Jackpot at LuckyBytes :



Ends in: 5 Days
Jackpot now at: 1585 MB
Tickets sold: 65
Price of 1 Ticket: 11 MB

I'm surprised that there were only 65 Tickets sold yet. Only 65 Tickets for such a huge prize! Hopefully in the future we can have such high initial values again, but be aware that this 1 GB inital bonus might be a one-time, opening celebration thing 

Join LuckyBytes from your Botstore (last item in the list), or check out the website: https://lucky.byte-ball.com

[ByteFan]

[reminder]

Announcing BEEB - Blackbytes Escrow Exchange Bot - web front end.

Instant-buy and sell batches of Blackbytes 24h/24h, 7 days a week.
(you don't need to find a peer anymore: the bot is the peer!)
Trading blackbytes on BEEB is anonymous.

http://www.beeb-bot.com

Includes:
Blackbytes price and volume graphical history,
24h volume,
current best ask,
detailed help menu,
API interface to Blackbytes prices and market history.


Support: https://byteball.slack.com/ #beeb channel

[jukKas]

Short Report from the Weekly Jackpot at LuckyBytes :



Ends in: 5 Days
Jackpot now at: 1585 MB
Tickets sold: 65
Price of 1 Ticket: 11 MB

I'm surprised that there were only 65 Tickets sold yet. Only 65 Tickets for such a huge prize! Hopefully in the future we can have such high initial values again, but be aware that this 1 GB inital bonus might be a one-time, opening celebration thing 

Join LuckyBytes from your Botstore (last item in the list), or check out the website: https://lucky.byte-ball.com

Hi! Can I ask what's the point of LuckyBytes? Is it just like trustless lottery or something?

Thanks

[Kyraishi]

I feel like this project is kinda underappreciated. I've tried out byteball myself and everything is extremely intuitive and it is a much better concept than at least 90% of the coins out there above byteball in terms of market cap.

I'm sure once people realize the potential of conditional payments, they'll jump on ship too.

[Benezim]

A lot of things have already been achieved in Byteball, but a few things need to be addressed from my perspective

+ It’s on one of the big exchanges
+ Wallet GUI (accessible for non-tech savvy) and flawless chat bots
+ Wallet available on multiple platforms (Windows, Mac, linux, iOS, android)
+ Conditional payments
+ Wide distribution from the start of the project (BTC link)

Then, there are a few items that might need to be addressed moving forward
- Marketing of the coin and the entire (non-technical) communication part, e.g. what is unique in BB, use cases. Many of these topics are addressed in the whitepaper or explained somewhere in this thread, but fancy graphics reach a wider audience that whitepapers.
- Further development of the coin & roadmap: Why not actively involve the community in conceptualizing the development of this coin? Award bounties for new use cases. Stimulate interest in this coin with a sound vision.
- Loyalty of community: We saw a lot of dumping after the initial airdrops, Other products reward holders / exclude dumpers for upcoming airdrops. It’s been mentioned before, why not speeding up the distribution to avoid further price dumps (which scare off investors)

Just a few thoughts from my end.

[naska21]

Imo, no further energy should be put into this cashback program. Who cares about some restaurant somewhere in the middle of nowhere... Unless you can have some BIG partners (unlikely) not worth it imo.
Take a couple extra % of the GBYTE distribution, hire some extra people and do something BIG (roadmap).

You find the complete merchant list in our wiki here: https://wiki.byteball.org/cashback#merchants

The choice for byteball is either to attract the myriads of mickey-mouse businesses (even bitcoin did not manage it so far) or a few big names like MacDonald's, Plaza Hotel, Uber, Alibaba etc.

[Karartma1]

A lot of things have already been achieved in Byteball, but a few things need to be addressed from my perspective

+ It’s on one of the big exchanges
+ Wallet GUI (accessible for non-tech savvy) and flawless chat bots
+ Wallet available on multiple platforms (Windows, Mac, linux, iOS, android)
+ Conditional payments
+ Wide distribution from the start of the project (BTC link)

Then, there are a few items that might need to be addressed moving forward
- Marketing of the coin and the entire (non-technical) communication part, e.g. what is unique in BB, use cases. Many of these topics are addressed in the whitepaper or explained somewhere in this thread, but fancy graphics reach a wider audience that whitepapers.
- Further development of the coin & roadmap: Why not actively involve the community in conceptualizing the development of this coin? Award bounties for new use cases. Stimulate interest in this coin with a sound vision.
- Loyalty of community: We saw a lot of dumping after the initial airdrops, Other products reward holders / exclude dumpers for upcoming airdrops. It’s been mentioned before, why not speeding up the distribution to avoid further price dumps (which scare off investors)

Just a few thoughts from my end.

Good recap, thanks. Rome was not built in a day. I will wait until the distribution ends to start worrying about my bytes and blackbytes. I see many applications being developed by new people here and slowly a growing adoption in terms of bytes payments. It’s about time and I am confident tonych has done us a great gift

[btcdee]

A lot of things have already been achieved in Byteball, but a few things need to be addressed from my perspective

+ It’s on one of the big exchanges
+ Wallet GUI (accessible for non-tech savvy) and flawless chat bots
+ Wallet available on multiple platforms (Windows, Mac, linux, iOS, android)
+ Conditional payments
+ Wide distribution from the start of the project (BTC link)

Then, there are a few items that might need to be addressed moving forward
- Marketing of the coin and the entire (non-technical) communication part, e.g. what is unique in BB, use cases. Many of these topics are addressed in the whitepaper or explained somewhere in this thread, but fancy graphics reach a wider audience that whitepapers.
- Further development of the coin & roadmap: Why not actively involve the community in conceptualizing the development of this coin? Award bounties for new use cases. Stimulate interest in this coin with a sound vision.
- Loyalty of community: We saw a lot of dumping after the initial airdrops, Other products reward holders / exclude dumpers for upcoming airdrops. It’s been mentioned before, why not speeding up the distribution to avoid further price dumps (which scare off investors)

Just a few thoughts from my end.

This is an excellent summary. I like your idea for excluding heavy dumpers in future airdrops though it might be impossible to enforce. In-wallet trading/bot payments are very much encouraged and may not be distinguishable.