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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1232109 times)
Michail1
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December 14, 2017, 09:36:37 PM
 #15741

compared to IOTA and RaiBlocks.... still undervalued af.
GOOD SHIT!

+1



------------------
Here is your link to receive 2 MB: https://byteball.org/openapp.html#textcoin?cluster-venture-thunder-federal-coyote-rebel-almost-safe-pudding-tomorrow-make-describe

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"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
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Bcassell
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December 14, 2017, 09:57:24 PM
 #15742

The Cryptopia process requires that it send a confirmation email for you to reply to but it seems to get filtered into the spam.  This happened to me.  I had to go into control panel of email provider and restore it there.
I can't remember if it even notifies you about this email confirmation requirement upon withdrawel/transfer.
You can also see the record of the withdrawel in the withdrawels history with a flag to say if the email has been confirmed.
bribed
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December 14, 2017, 09:58:14 PM
 #15743

Hi everybody, I read a lot of good stuff about Byteball and would like to find an entry at some point, but I dont know if I should still wait or not. What do you suggest? Do you expect for it to go up more soon?

It is very cheap at the moment. All the other DAG coins have already multiplied in price.

Yeah I agree, its a good entry from looking at the charts. As we are at the beginning of an bull run on alts, its likely a good thing to buy now before it takes off. I will sell some positions and get into Byteball (been eyeing on it for way too long already).
LoyceV
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December 14, 2017, 10:09:46 PM
 #15744

Lastly, our own cashback program now supports textcoins: merchants don't have to update their order forms to ask users about their Byteball address, instead they can give us the user's email address and we send a textcoin.  Updated API description: https://github.com/byteball/byteball/wiki/Cashback-API
This is a very nice update for the cashback program! I love how you don't make any promises, but out of the blue create very good updates.

Wekkel
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yes


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December 14, 2017, 10:41:40 PM
 #15745


I started buying some GBYTE because I feel it will rock in the near future. But the Cryptopia issues mean that my purchased Byteballs are somewhere floating in cyberspace instead of being parked in my wallet. Ok, they are still held by Cryptopia I guess, but who said that cryptocurrencies come without adventure  Kiss

Good to hear that the Byteball team reached out to Cryptopia on this.

I am confident that this project will go places, even if it could take multiple years.

hannusolo
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December 14, 2017, 10:45:17 PM
 #15746

My notebook is finally out of the warranty service, so I installed the new wallet version. Too bad that the last sync I made was around the beginning of october. It will be a while till it catches up. It could be a nightmare for those who just downloads the wallet and wants to do a sync from zero. On an HDD it's just chanceless.

Is it planned to enhance/optimize the load time?
Hadrop.Boyle
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December 14, 2017, 11:00:14 PM
 #15747

Hello Byteballers,

I stopped checking this 1 month ago, because of  being not able to register BTC Segwit adresses at the Transition bot.
Is this still a issue? Or did they stop the Distribution to handle with that first?

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avandrim
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December 15, 2017, 12:08:50 AM
 #15748

I like this project very much but I do not understand why there is only 12 witnesses. 7 people can very easily collude or get captured and then the network is basically dead. Why not more?
examplens
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December 15, 2017, 12:33:52 AM
 #15749

Now textcoins are enabled in server-side (headless) wallets and are available to developers.

Here is the doc about sending them: https://github.com/byteball/byteballcore/wiki/Sending-textcoins

Now, any service that has email addresses of its users (that is, almost any service) can easily mass-pay them using just email addresses.

Textcoins are also easy to integrate with chatbots.  For example, a telegram bot could reward its users for certain actions, e.g. for taking surveys or writing reviews.

-----

Lastly, our own cashback program now supports textcoins: merchants don't have to update their order forms to ask users about their Byteball address, instead they can give us the user's email address and we send a textcoin.  Updated API description: https://github.com/byteball/byteball/wiki/Cashback-API

Wow. what a great stuff.
Can you explain more about security and user experience. How is safe and easy to use? Now when cryptoworld expand there we have many of new crypto users which is not much familiar with cryptocurrencies

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..BUY/ SELL CRYPTO..
ByteFan
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December 15, 2017, 06:06:09 AM
 #15750

Now textcoins are enabled in server-side (headless) wallets and are available to developers.

Here is the doc about sending them: https://github.com/byteball/byteballcore/wiki/Sending-textcoins

Now, any service that has email addresses of its users (that is, almost any service) can easily mass-pay them using just email addresses.

Textcoins are also easy to integrate with chatbots.  For example, a telegram bot could reward its users for certain actions, e.g. for taking surveys or writing reviews.

-----

Lastly, our own cashback program now supports textcoins: merchants don't have to update their order forms to ask users about their Byteball address, instead they can give us the user's email address and we send a textcoin.  Updated API description: https://github.com/byteball/byteball/wiki/Cashback-API

Wow. what a great stuff.
Can you explain more about security and user experience. How is safe and easy to use? Now when cryptoworld expand there we have many of new crypto users which is not much familiar with cryptocurrencies

Read https://medium.com/byteball/sending-cryptocurrency-to-email-5c9bce22b8a9
CryptKeeper
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December 15, 2017, 07:00:52 AM
 #15751

My notebook is finally out of the warranty service, so I installed the new wallet version. Too bad that the last sync I made was around the beginning of october. It will be a while till it catches up. It could be a nightmare for those who just downloads the wallet and wants to do a sync from zero. On an HDD it's just chanceless.

Is it planned to enhance/optimize the load time?

Use the light wallet which is the default and recommended option now.

Follow me on twitter! I'm a private Bitcoin and altcoin hodler. Giving away crypto for free on my Twitter feed!
Michail1
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December 15, 2017, 08:58:16 AM
 #15752

My notebook is finally out of the warranty service, so I installed the new wallet version. Too bad that the last sync I made was around the beginning of october. It will be a while till it catches up. It could be a nightmare for those who just downloads the wallet and wants to do a sync from zero. On an HDD it's just chanceless.

Is it planned to enhance/optimize the load time?

Use the light wallet which is the default and recommended option now.

You mean to say that by default, a wallet installs in minutes and syncs within seconds?
So, during the install, just pick the DEFAULTs and you get an awesome user experience.

Just to re-interate.... Stop messing with the options and click the defaults?

Thanks.     (Ok, done trolling.)    Smiley

 Defaults for the win!


----------------------
Here is your link to receive 0.001 GB: https://byteball.org/openapp.html#textcoin?cinnamon-magic-habit-old-crop-own-divide-job-ten-win-divorce-nice

Freefactomizer
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December 15, 2017, 09:04:01 AM
 #15753

I like this project very much but I do not understand why there is only 12 witnesses. 7 people can very easily collude or get captured and then the network is basically dead. Why not more?

Cause otherwise nobody would have time to check and select seriously the witnesses, it's explained in whitepaper. Look at what is happening on Lisk or other DPoS coin, selection of delegates is a complete mess, nobody knows who is who anymore. Better have 12 reliable witnesses than hundred of randomly chosen ones.
And no, 7 people out of 12 can't easily collude and it's always possible for anybody running a full node to check if witnesses behave correctly.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
ChainSmoker
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December 15, 2017, 09:38:38 AM
 #15754

I am disappointed with Byte-BTC exchange bot in byteball app.I sold some Bytes for btc and the bot sent me Bitcoin with 20sat/byte fee which is very low.Even the parent tx is unconfirmed.I am waiting from almost 16 hours for my tx to get confirmed.Please remove that bot from byteball app. :/

I'm forwarding this to the chief developer. In the meantime, could you please try this service: https://pool.viabtc.com/tools/txaccelerator/
I've used it several times now and it worked well. It's very popular, so you'll probably need several attempts to get in the queue.
Even if I get lucky for including my tx in viabtc accelerator then also it won't accelerate my tx because 6 parent tx are unconfirmed too and viabtc doesn't accelerate tx if parent tx is unconfirmed.In this case I have to get lucky 7 times for viabtc to accelerate my tx which seems impossible.
Nice way to rip people Gbyte by selling btc and then sending it with very low fees.  Undecided

CPFP.   Basically, you're at the end of the chain of people not wanting to pay fees.   Pay a higher fee which would be enough to cover all 6 prior transactions.  If you don't want to wait and simply bitch about it, you can do that as well; however, it's pointless.   People know about the issue, but they continue the problem and still bitching about it.

I see the same thing for ebay.   People lower the price of an item, but raise the shipping cost.  The buyer knows this UP FRONT, but still decides to get the item.  Once delivered, they immediately bitch about the costs.

Basically.... a low fee is paid on tx so it takes longer.
If a higher tx fee was paid, then the person buying would complain about that too.
NO MATTER WHAT - A person will complain.  It's life.

Did you even read my previous posts before writing this BS? I am not complaining.I am disappointed by that bot and No,people prior to me didn't paid low fees.Even I did not paid the low fees.It's that dumb bot in byteball app that send Bitcoin to us with low fees and you are saying like we people had the option to choose fee when requesting withdraw from byteball app -_-
Get your facts straight before sharing your views and why would I do CPFP when the amount transacted will be less than the fee used to cover all fees? It's the bug in that bot that caused all this and if sharing this here to get the bot fixed is 'bitching about it' then great keep that bot running like that.I will use exchange from next time to dump Gbyte  Wink

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Kalo12
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December 15, 2017, 11:24:32 AM
 #15755

One of the greatest coins, but with the shittiest prices ever!

What a shame!
kaicrypzen
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December 15, 2017, 01:25:02 PM
Last edit: December 15, 2017, 02:52:06 PM by kaicrypzen
 #15756

My notebook is finally out of the warranty service, so I installed the new wallet version. Too bad that the last sync I made was around the beginning of october. It will be a while till it catches up. It could be a nightmare for those who just downloads the wallet and wants to do a sync from zero. On an HDD it's just chanceless.

Is it planned to enhance/optimize the load time?

Use the light wallet which is the default and recommended option now.

You mean to say that by default, a wallet installs in minutes and syncs within seconds?
So, during the install, just pick the DEFAULTs and you get an awesome user experience.

Just to re-interate.... Stop messing with the options and click the defaults?

Thanks.     (Ok, done trolling.)    Smiley

Defaults for the win!

Let me butt in here to say that in some cases users might not have a choice in running a light wallet.
I personally had an app installed in full mode which had bytes and blackbytes on it, I didn't run it for months. When I launched it to sync, it synced well up to some point but then it was just almost stuck (on an HDD). What I did was make a full backup, copy it to a computer with an SSD and restore from it. Needless to say that using a light wallet wouldn't have solved the problem ...

p2pGames
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December 15, 2017, 01:38:43 PM
 #15757

so nesxt airdrop for btc and byte holders will be in mart 2018, what about airdrop by new method?

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mxshvdv
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December 15, 2017, 03:12:25 PM
 #15758

Hi guys,

Quote
The total number of bytes is 1015, all bytes were issued in the genesis transaction. Since the fees paid are returned into the circulation, the money supply will remain the same.

Exchanges list the currency as gigabytes (GB, GBYTE), 1 gigabyte is 1 billion bytes.  The total money supply in gigabytes is 1,000,000.

I look at coinmarketcap and see:


Code:
Circulating Supply
645,222 GBYTE

Total Supply
1,000,000 GBYTE

What is that mean? Is BYTEBALL still supplying coins?
plr82
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December 15, 2017, 03:16:31 PM
 #15759

The distribution rounds aren't fully over. However, the pace has been slowed down a bit. The next distribution round will take place at March 2nd. For updates check byteball.org under "distribution".


Hi guys,

Quote
The total number of bytes is 1015, all bytes were issued in the genesis transaction. Since the fees paid are returned into the circulation, the money supply will remain the same.

Exchanges list the currency as gigabytes (GB, GBYTE), 1 gigabyte is 1 billion bytes.  The total money supply in gigabytes is 1,000,000.

I look at coinmarketcap and see:


Code:
Circulating Supply
645,222 GBYTE

Total Supply
1,000,000 GBYTE

What is that mean? Is BYTEBALL still supplying coins?
mxshvdv
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December 15, 2017, 03:23:06 PM
 #15760

The distribution rounds aren't fully over. However, the pace has been slowed down a bit. The next distribution round will take place at March 2nd. For updates check byteball.org under "distribution".


Hi guys,

Quote
The total number of bytes is 1015, all bytes were issued in the genesis transaction. Since the fees paid are returned into the circulation, the money supply will remain the same.

Exchanges list the currency as gigabytes (GB, GBYTE), 1 gigabyte is 1 billion bytes.  The total money supply in gigabytes is 1,000,000.

I look at coinmarketcap and see:


Code:
Circulating Supply
645,222 GBYTE

Total Supply
1,000,000 GBYTE

What is that mean? Is BYTEBALL still supplying coins?

Ok, tnx. And who is control ~one thirth of all supply now?
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