Obyte: Totally new consensus algorithm + private untraceable payments

[kola-schaar]

..

Thanks! But a little correction: Freebe is my Blackbyte Exchange, not a gambling site (ofcause one might say that trading is gambling too  ).

Sorry, yes, I know (it was badly worded). I still had this topic in my head.

...
...The talk is about insurance, but as I've been saying, bets / predictions have the potential to really catalyze the price of Bytes. I've done 4 bets so far on the Betting Bot and won 2. It's a great experience already, but we need better odds / more liquidity, and more bet types. When there are many operators in the Bot Store, it's going to be off to the races.
Aside from being a collector's item, Bitcoin is only really used for gambling afaik. And it's a god-awful, terrible, horrible experience from deposit to cashout when you use Bitcoin in this way. Byteball is the hope!!!

Vouchers are a popular advertising medium in this business. Anyway, I hope your work pays off for you.

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[kola-schaar]

hi, does anyone know if byteball will be doing more airdrops?

As far as I know  next airdrop will be on Januar 2018(missed December airdrop)

An update about future distribution plans.

So far, bytes were mainly distributed via airdrops to holders of BTC and Bytes, and a relatively small portion was distributed through the cashback program.  We started this free distribution with the purpose of getting the currency as wide spread as possible, and while the purpose stays the same, methods can change.  The airdrop method worked well to get the initial user base, but it also proved to be the least efficient in terms of user acquisition cost.

Over the next few months, we'll add more methods of free distribution.  One of them is already being developed, I expect it to be ready in the first half of December. 

The new methods are designed to grow our user base faster than the money supply.

While the new methods are still untested, it is early to drop the airdrops.  That's why the next round of distribution to Bytes and BTC holders is tentatively planned for the full moon of March 2, 2018.  The rules are the same as in the previous round:

For every 16 BTC you receive 0.1 GB,
For every 1 GB you receive additional 0.1 GB,

and similar rules for blackbytes.

This round can be postponed or even canceled depending on performance of other distribution methods.

[asuusa]

I personally like experiments in crypto sphere, its like science classes in behavioral economy. This model will help whole community learn more about how people think in economy, but invitably I think there will be alot of PnD opportunities with such distribution.

[koYnsta]

hi, does anyone know if byteball will be doing more airdrops?

As far as I know  next airdrop will be on Januar 2018(missed December airdrop)

according to tonych's last post concerning airdrops it is in March 2018
https://bitcointalk.org/index.php?topic=1608859.msg24965637#msg24965637

[Freefactomizer]

Freebe now generates you a printable PDF for your vouchers!
Create, print and hand out byte or blackbyte vouchers to local newcommers! All combined with a short instruction!

Just print a few, put them in your pocket and hand them to interested people.

http://freebe.byte-ball.com

Nice ! I wonder where you find all these good ideas 

[HybCZ]

Did you see what is doing IOTA in few last days . Hope Byteball will have the same potentional like IOTA. Just find some info and you will see. I am in stadium to split my investions to IOTA and byteball in this time may be more money to IOTA.

[AlexeyB]

It's not rocket science to make confirmations faster with byteball. Transactions are confirmed when witness broadcasts a unit of transactions into the DAG database. To do so witness needs to pay fee for adding data. Witness earns fees from transactions included in the unit payed by users broadcasting transactions itself. When there's not many transactions it's expensive for witness to post new units every 1 or 2 seconds. When there's plenty of transactions witnesses can post units more frequently making confirmations faster.

Conclusion - transactions will be confirmed faster when there's more transactions and witnesses can earn users' fees to post units more frequently.

Yes, I totally agree with you, but which of 1328 coins from coinmarketcap.com can do >100 TPS at this moment except IOTA, Stellar and Ripple? For example, so that the cryptocurrency could compete with VISA and Mastercard.

[djpitagora]

Did you see what is doing IOTA in few last days . Hope Byteball will have the same potentional like IOTA. Just find some info and you will see. I am in stadium to split my investions to IOTA and byteball in this time may be more money to IOTA.

it's not just iota.....but all alts + btc

[SatoNatomato]

It's not rocket science to make confirmations faster with byteball. Transactions are confirmed when witness broadcasts a unit of transactions into the DAG database. To do so witness needs to pay fee for adding data. Witness earns fees from transactions included in the unit payed by users broadcasting transactions itself. When there's not many transactions it's expensive for witness to post new units every 1 or 2 seconds. When there's plenty of transactions witnesses can post units more frequently making confirmations faster.

Conclusion - transactions will be confirmed faster when there's more transactions and witnesses can earn users' fees to post units more frequently.

Yes, I totally agree with you, but which of 1328 coins from coinmarketcap.com can do >100 TPS at this moment except IOTA, Stellar and Ripple? For example, so that the cryptocurrency could compete with VISA and Mastercard.

Just because its on cmc doesnt mean its a cryptocurency, see BitConnect and IOTA.

Iota is at best a PostgreSQL instance, Coordinator, with useless glitter around to hide it.

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[bcmine]

hi, does anyone know if byteball will be doing more airdrops?

As far as I know  next airdrop will be on Januar 2018(missed December airdrop)

Edit: seems next airdrop date changed to March 2018.

thats very reasonable, the price will rise now, i guess.

[HybCZ]

Did you see what is doing IOTA in few last days . Hope Byteball will have the same potentional like IOTA. Just find some info and you will see. I am in stadium to split my investions to IOTA and byteball in this time may be more money to IOTA.

it's not just iota.....but all alts + btc

people find out crypto world and they starting to be interest in it and may be that is because of what the prices are growing up.

[pxrunes]

Publication of the first in-depth analysis of the popular blackbyte exchange Freebe
All stats and numbers available at: http://www.freebe.byte-ball.com/report.html

[IckyYak22871]

It's not rocket science to make confirmations faster with byteball. Transactions are confirmed when witness broadcasts a unit of transactions into the DAG database. To do so witness needs to pay fee for adding data. Witness earns fees from transactions included in the unit payed by users broadcasting transactions itself. When there's not many transactions it's expensive for witness to post new units every 1 or 2 seconds. When there's plenty of transactions witnesses can post units more frequently making confirmations faster.

Conclusion - transactions will be confirmed faster when there's more transactions and witnesses can earn users' fees to post units more frequently.

Yes, I totally agree with you, but which of 1328 coins from coinmarketcap.com can do >100 TPS at this moment except IOTA, Stellar and Ripple? For example, so that the cryptocurrency could compete with VISA and Mastercard.

DPOS coins (bitshares, steem) can do something like 3000 tps. This is tested.

[bezekal]

What about BTC addresses that starts with 3? The transaction bot says:

Only P2PKH addresses are supported

[BurtW]

What about BTC addresses that starts with 3? The transaction bot says:

Only P2PKH addresses are supported

As mentioned many times before in this thread.  This is not an issue with Byteball or the Byteball client.  The issue is that currently there is no standard for signing messages with Bitcoin addresses that "start with 3".  This is a Bitcoin standards issue, not a Byteball issue.  Someone needs to propose a standard and then everyone would need to adopt and use it.  I am sure as soon as a standard is created Byteball will use it.

[cryptocratic]

So no more heroes with shitload buywalls?

[xlcus]

hi, does anyone know if byteball will be doing more airdrops?

As far as I know  next airdrop will be on Januar 2018(missed December airdrop)

Edit: seems next airdrop date changed to March 2018.

Why is March 2018? Too long time to wait.

[BTCspace]

byteball should have same Value as IOTA ..

or higher.. what we are waiting for?

[BurtW]

hi, does anyone know if byteball will be doing more airdrops?

As far as I know  next airdrop will be on Januar 2018(missed December airdrop)

Edit: seems next airdrop date changed to March 2018.

Why is March 2018? Too long time to wait.

Why is March 2018? Cancel all future airdrops.  They are not working.  Do something else.