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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1236286 times)
djpitagora
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December 06, 2017, 10:11:02 AM
 #15441

IOTA is rocketing. But Gbyte....
Am I on a wrong train? Huh

you should have been on both trains Smiley)) I hope you didn't take that rivalry between communities to seriously. There was no reason not to join both, since both are good ideas with roughly equal success chances. The way I see it: Byteball has the tech upper hand but is a marketing wreck, iota is doing all the wrong things with tech right now but brilliant in marketing. Imho odds are still 50-50.
coco23
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December 06, 2017, 10:54:14 AM
 #15442

The way I see it: Byteball has the tech upper hand but is a marketing wreck/
Why though? Why aren't the devs funding a proper marketing campaign?
In these crazy hype times it should be so easy to pay a team of experts to gain major attention...
cryptme
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December 06, 2017, 11:00:30 AM
 #15443

IOTA is rocketing. But Gbyte....
Am I on a wrong train? Huh

Nope, you are an a good train, just wait it out. Never cry for a lost opportunity. (and at this moment i wouldn't buy IOTA as it's value must come down from an almost 10x growth in the last 30 days)
There is a massive 1 to 9 marketcap difference between them, byteball will follow upwards, as the tech is brilliant, development is very good and constant.
All the odds are showing byteball will succeed in time.

Dr_Voidberg
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December 06, 2017, 11:16:46 AM
 #15444

Byteball is constantly innovative, it would be foolish to jump ship just because another project has risen faster
HybCZ
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BTC forever


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December 06, 2017, 11:20:48 AM
 #15445

Byteball is constantly innovative, it would be foolish to jump ship just because another project has risen faster

Everything have their own time Wink
Marc De Mesel
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December 06, 2017, 11:31:47 AM
 #15446

Final part of the interview with Tony, enjoy  Grin

Byteball interview 😎❤ Part 3: What Crypto Can & Fiat Not: Conditional Payments
https://twitter.com/marcdemesel/status/938334447774195712

Please retweet, like and subscribe!  Wink


Summary:

Byteball founder Anton Churyumov talks about what he thinks the USP of cryptocurrency is = conditional payments and easy to make and use smart contracts that allow new ways to offer insurance, sports betting, gambling,, prediction markets without having to trust or even know the counterparty, as well as immediate execution.

We also discuss the decentralization of the witnesses and how they need become people and businesses with good reputations to lose outside the Byteball system in case they act dishonest as witness.

To conclude we talk price of bytes and it's true underlying value: 1 byte can buy you 1 byte of data storage in the DAG. Not dumb data like pictures but buys you transactional data that allow you to create smart contracts with guaranteed execution.


Enjoy and remember: sharing is caring 😉❤️👌






Some other interesting video's about Byteball:

What makes Byteball awesome? 😎 Presentation Bytes & Blackbytes
https://www.youtube.com/watch?v=E16xnZ14S2A&t

Coin Interview Episode 27: Anton Churyumov of Byteball
https://www.youtube.com/watch?v=zjT7wQNg_s4

Parametric insurance powered by smart contracts by Tony Churyumoff
https://www.youtube.com/watch?v=PhI3js_7yWw&t



Early Bitcoin, Byteball & Bitcoin Cash Investor. Loving Voluntarysm, Lambos & Girls Wink
Check out my: https://youtube.com/user/Marcdemesel - https://twitter.com/marcdemesel & https://instagram.com/marc_de_mesel
pxrunes
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December 06, 2017, 12:53:51 PM
 #15447

Where can I go to check the price history of GBB?

check http://www.freebe.byte-ball.com/

MadGamer
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December 06, 2017, 02:32:03 PM
 #15448

What the current plans? It would be nice to have a way to trade our Blackbytes or at least see Byteball in new exchanges like Poloniex, Liqui, Binance, Hitbtc etc. I also checked the site to know the upcoming airdrop date but the countdown is not working for some reason?
p2pGames
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December 06, 2017, 02:49:16 PM
 #15449

Buywall again who is this hero?

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Sending Crypto to Email  -  Risk-Free Conditional Smart Payments  -  ICO Platform with KYC
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pxrunes
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December 06, 2017, 02:52:22 PM
 #15450

Byteball Vouchers



It's now possible to choose either english, german or japanese for the voucher text, directly from the download page.

test it here

cryptohunter
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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG


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December 06, 2017, 02:58:19 PM
 #15451

Very good that the kind of Distribution change.

In the past month was the linked BTC Account a big problem. Always the price dump.

If you can cancel Distributuion for linked BTC Account I prefer this.

Stocks with linked GByte is okay.

I recommend that you switch to Mbyte similar as IOTA.



Exactly i have been saying this for a long time switch to MByte.

A lot of noobs buy on price per unit they dont understand the total cap.

How many times have i seen it said byteball is too expensive so i bough iota cos it is cheaper.

Simple psy. This is the first change to be done.

Those asking why iota is 30x higher cap.

You have iota in the hands of very very few people whos interested in colluding and forcing cap higher.

You have BB in the hands of a few people many of which are in competing projects and 50% still in the hands of the dev (iota probably has more but it is hidden)  

Based on the code alone BB should be higher than iota or on a par.

Tear the band aid off get the coins pushed out to current byteball  holders or locked away in a decentralised way with full ledger for development.

Forget asking corner shops to use it... take it to the big companies and create some headlines.

sneaknesbo is good at one thing........marketing and hype .... plus has no problem at all blagging with the big companies. No disrespect to small shop owners and corner stores but you wont get sneaknesbo seeking them out and advertising it. He knows what creates good sound bytes.

Use some BB to create a good marketing team if tony is not comfortable consorting with huge companies that can benefit from BB.



FUlly agree with all said.

And the unit change from GBYTE to MBYTE is probably much more important that it seems, especially for newcomers (less than 1 year in cryptocurrencies).

There is a new horde of people new to the crypto "investments" that are specifically hunting cryptos with a low price per coin. Many of the IOTA holders are like that. A behaviour that seems absurd and difficult to understand for the more experienced traders.... but it IS happening.


The problem is tonych does not listen. He never listens to anything sensible.

The distribution was the biggest mess. Byteball will pay for that for a while yet. That could have been avoided if tony had listened to alternative suggestions back then.

He does not listen or even enter dialogue about such things.

You are all at his complete and utter mercy and that's not a great place to be.

I am not anti byteball at all and have tried to highlight in my latest thread on the main board how it is one of only a handful of real projects of interest.

HOwever the distribution was a complete mess with competing projects claiming huge % of byteballs minting causing tonych to several times go back on the stated full moon distributions (the basis of why many bought BB to hold) to apparent fund BB. When the other projects are busy funding their own projects by dumping on us.

Great plan,.

Iota on the other hand had it correct get all the iota into the hands of those that will collude and make sure the price is held up.
Iota are great marketeers and although have been show up by MIT for making rookie errors are MAGNITUDES higher cap.

Now most know this is easy to manipulate if you have a few people colluding on a couple of bent exchanges but noobs have no clue and are getting their btc in there.

Tony seems so talented on one hand but on the other..........

All the people here at the start shouting the distribution plan was great and there is no problem giving it to competing projects exchanges and a few whales are probably now scratching their heads wondering why iota is MAGNITUDES higher and getting all the attention. PRICE GETS THE ATTENTION.
Coinmarketcrap is the most dangerous site in crypto.

Byteball can eventually gain the upper hand but you just all made it 50x harder for yourselves following that stupid distributional mode at the very start.


Need to bring this to the attention of huge companies or huge whales. Also the remaining tokens need to be in a less precarious state because no real investors will like such a huge proportion of the minting under the control of a sole entity that answers to nobody. Also the witnesses need to possibly be increased and passed to trustworthy individuals.

p2pGames
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December 06, 2017, 03:35:02 PM
 #15452

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. 

So when start new distribution methods?

⚪ Byteball     ❱❱❱     I T   J U S T   W O R K S .    ❱❱❱
Sending Crypto to Email  -  Risk-Free Conditional Smart Payments  -  ICO Platform with KYC
ANN THREAD          TELEGRAM          TWITTER          MEDIUM          SLACK          REDDIT
liliiaolivia2017
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December 06, 2017, 03:37:27 PM
 #15453

How do you ensure safety from scam attacks?
Technos
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December 06, 2017, 03:58:35 PM
 #15454

Which proposes? PoW? I think it stopped to be an example of "fair distribution" a few years ago...

I don't think Tony is ignoring your feedback. If he is smart, he is noting the relevant points.

⚪ Byteball (https://byteball.org/)     ❱❱❱     I T   J U S T   W O R K S .    ❱❱❱
Sending Crypto to Email  -  Risk-Free Conditional Smart Payments  -  ICO Platform with KYC
ANN THREAD (https://bitcointalk.org/index.php?topic=1608859.0)          TELEGRAM (https://t.me/byteball)          TWITTER (https://twitter.com/ByteballOrg)          MEDIUM (https://medium.com/byteball)          SLACK (https://slack.byteball.org/)          REDDIT (https://www.reddit.com/r/ByteBall/)
Qrivium
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December 06, 2017, 04:37:27 PM
 #15455

HI everyone,

I have searched to see if there is some helpful info on setting up and backing up wallets, but can't find any videos etc.  On the wiki it says

Restore from full backup: Note this will permanently delete all your existing wallets and replace them with whatever is in your backup file. If you created this backup on another device, you should have stopped using the original device wallet immediately after creating the backup. Never clone wallets. If you must access from several devices, use multisig.

While I think I understand what this means it is far from clear.  MY understanding is that the safest way to secure your android wallet is to set up "full backup mode"

IF you need to restore your wallet what are the steps??

WHat does it mean if you create backup on another device stop using original device after backup? 

Some tutorials with visuals would be really helpful if the goal is to grow the community.  I saw on another thread that businesses in Milan and Kyoto are testing, but getting store customers on board will be difficult until we have more KISS (keep it simple, stupid) tutorials and examples.    I think this will be key to building traction and more users and reducing barriers to entry.
hanspeter77
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December 06, 2017, 05:03:02 PM
 #15456

i think im delete my wallet where my foulder with the seed or file ?
Michail1
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December 06, 2017, 05:06:38 PM
 #15457

i think im delete my wallet where my foulder with the seed or file ?


On the thumb drive you used to make your backup?
Or on the paper you used to write it down when you installed your wallet.
Or in the recycle bin.

The location where the wallet is store is the same folder when the seed is located.   So, if the folder is gone, then so is the seed.
Good thing you have backups, right?

hanspeter77
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December 06, 2017, 05:23:12 PM
 #15458

no im not found it Sad name of backup is???
that say my wallet Uncaught exception: Error: wallet not found
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December 06, 2017, 09:24:33 PM
 #15459

From reddit - https://www.reddit.com/r/ByteBall/comments/7hxlxz/byteball_developers_take_heed/
Quote from: 1homie
It is not enough to have good tech to be successful. You need to:

Important point: Brand yourself as the scalable, no blockchain cryptocurrency. This is what you need to push! On your website the first thing you see is a heading that says "Why use Byteball?" and you do not even mention this! You mention lots of things that are WAY less important than scalability. Only on the very bottom of your web page, as a side note, do you mention "Unbounded scalability, fast confirmations, no miners, no blocks, low fees" <--- This should be the first thing visitors see when they open your website. This is so important. This is more important than all the other points I mention combined...

    • Change the name. Byteball, Gbytes, this does not appeal to people and scares your average person away.
    • Marketing, do it!
    • Get a bigger team, include business people
    • Do not have both blackbytes and regular Gbytes. If I buy Gbytes I still don't have blackbytes, so what good is it to me? Basically you are seperating your tech into two different coins. This is confusing, and it messes with investors, because being invested in one does not mean you are invested in the other. Pick one, and stick to it.
    • Your chatbot way of dealing with things is not a preferred method. It seems messy and inconvenient. Stick to a normal, simple wallet.
    • Forget these "cashback" programs you have, it makes you seem less serious.
    • Get your coin listed on as many exchanges as possible
    Sincerely, Frustrated Byteball owner
    Obviously that bit about eliminating blackbytes isn't possible, but many good points. Tony doesn't need to do all this he just needs to delegate more to people that will.
    SBMiner
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    December 06, 2017, 10:45:47 PM
     #15460

    @Developer:

    Will it be possible to pair my true SegWit btc wallet for the next distributions?
    Any new info on distribution? (website still says mid November).

    Thanks.
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