Obyte: Totally new consensus algorithm + private untraceable payments

[Malek17]

The Dev should consider using some sort of proof of individuality ( like confirming a telephone number ...etc) to distribute some of the coins it will be more efficient method and it will reach out to a lot more people than the cash back program.

[bitserve]

The Dev should consider using some sort of proof of individuality ( like confirming a telephone number ...etc) to distribute some of the coins it will be more efficient method and it will reach out to a lot more people than the cash back program.

Why?

It would be way more beneficial to everyone if airdrops finished for good. That money would be better spent on dev, mkt and other productive stuff, plus people waiting for future airdrops means LESS people actually BUYING.

It is way better if price does x10 due to that actions than if we all double our stash via airdrop but the price stalls (or even dumps right afterwards).

Not knowing how the remaining coins are going to be distributed cause a lot of uncertainty. Investors hate uncertainty.

[Hhugh]

Isn't byteball better than IOTA on may technical fronts? My concern is that the byteball team does not have the funds or connections to compete with IOTA, any thoughts from someone that knows more about this project?

Byteball team holds 350,000 GB that are planed to be distributed through combination of airdrop, cashback program, and other methods. We are trying to encourage tonych to reserve a bigger portion of that to fund development team going forward rather than giving it *all* away just to be dumped. Current value of those GB is over $200 million. Although tonych controls a big portion of bytes, he has always handled the reserved bytes with great revere and has not misappropriated funds. Main thing to be improved is actually spending more to expand the dev team beyond 3 and possibly add a small public/press relations team besides community volunteers. There is also a community fund.

I strongly endorse this view, funding a larger development team at this stage would be far more useful for the coin than giving it away to dumpers. And I would also suggest the creation of a good marketing team.

Agreed. Not sure if marketing team is top priority but I think investing coins on development and other pursuits is better than giving it to people who can sell at anytime for profit because they have a $0 cost base.

[Malek17]

The Dev should consider using some sort of proof of individuality ( like confirming a telephone number ...etc) to distribute some of the coins it will be more efficient method and it will reach out to a lot more people than the cash back program.

Why?

It would be way more beneficial to everyone if airdrops finished for good. That money would be better spent on dev, mkt and other productive stuff, plus people waiting for future airdrops means LESS people actually BUYING.

It is way better if price does x10 due to that actions than if we all double our stash via airdrop but the price stalls (or even dumps right afterwards).

Not knowing how the remaining coins are going to be distributed cause a lot of uncertainty. Investors hate uncertainty.

Sure air drop need to be finished as soon as possible but promises can't be broken otherwise the coin and the DEV will look dodgy,if first in the white paper said 98% of the coin will distributed then it should be that way you can have a coin distribute 20% and keep 80% for whatever reason you want to name it and that coin will go nowhere,it will be the coin for yourself, i had once mentioned that the Dev can include an optional 1-2% default donation from the airdrop that will go to development of the coin as psychologically will be easier for people to donate that way ,but if keeping 35-40% of the coin for the development everybody will lose faith in the coin and the Dev

[Dr_Voidberg]

The Dev won't look dodgy because the money will be used for the benefit of the coin. It won't benefit those who just want free coins of course. But a larger adoption through marketing (and we have seen what a simple reddit advertisement can do) will be good for the existing coin holders.

[Malek17]

The Dev won't look dodgy because the money will be used for the benefit of the coin. It won't benefit those who just want free coins of course. But a larger adoption through marketing (and we have seen what a simple reddit advertisement can do) will be good for the existing coin holders.

so basically you want to turn Byteball to ICO?2% donation should be enough for marketing the coin if you want an ICO then that something different Tonych was clear in the white paper he want to distribute Byteball to as many people as possible and that's why he hold the airdrop to give time for cashback program and other distributions method not to give time for an ICO

[Black_bl]

fuck this shitcoin..i think i lost in limbo 40 gbb because i wanted to fucking put a stupid sell order. i do not know where those byte have gone but i sure do not have them anymore 

Gbyte is great. But you may be silly.

Yes maybe that guy should more read than think
Anyway an article with overview
https://btcmanager.com/dag-vs-blockchain/

[cryptohunter]

The Dev should consider using some sort of proof of individuality ( like confirming a telephone number ...etc) to distribute some of the coins it will be more efficient method and it will reach out to a lot more people than the cash back program.

Why?

It would be way more beneficial to everyone if airdrops finished for good. That money would be better spent on dev, mkt and other productive stuff, plus people waiting for future airdrops means LESS people actually BUYING.

It is way better if price does x10 due to that actions than if we all double our stash via airdrop but the price stalls (or even dumps right afterwards).

Not knowing how the remaining coins are going to be distributed cause a lot of uncertainty. Investors hate uncertainty.

The entire distribution model was a disaster of cataclysmic proportions and still is.

Rip that band aid off now and just BURN the rest of the coins.

Burn them into the abyss keeping a very small proportion to fund developments and watch the price increase nicely.

Even better fork it and null the known other ico bb wallets and burn those too.

They had a cheek claiming them anyway.

Nobody will even talk about it after a couple of weeks and any icos complaining will look like complaining scabs anyway.

Just do it, i mean we went back on the full moon distributions and pissed off real investors I couldnt care less about upsetting other greedy ICO managers.

That's what i'd suggest from here on.

[miner14]

https://i.imgur.com/0FpnYAL.jpg

Unconfirmed Parent

Btc never received to 1JKBGwCzWoF53GJ9EUGMeXJLgpyraFK1Et

Not very impressed with "Byte-BTC Exchange" part of this wallet when your Byteballs are taken without payment.

I imagine a low fee was used or the transaction cancelled as Unconfirmed Parent was displayed in my electrum wallet. I tried a "child pays for parent" but that did not hasten the transaction.

Anyone know what went on here and if this is the expected behaviour.
Is there any recourse you can suggest to retrieve my Byteballs or request my BTC?
https://imgur.com/0FpnYAL

[Malek17]

The Dev should consider using some sort of proof of individuality ( like confirming a telephone number ...etc) to distribute some of the coins it will be more efficient method and it will reach out to a lot more people than the cash back program.

Why?

It would be way more beneficial to everyone if airdrops finished for good. That money would be better spent on dev, mkt and other productive stuff, plus people waiting for future airdrops means LESS people actually BUYING.

It is way better if price does x10 due to that actions than if we all double our stash via airdrop but the price stalls (or even dumps right afterwards).

Not knowing how the remaining coins are going to be distributed cause a lot of uncertainty. Investors hate uncertainty.

The entire distribution model was a disaster of cataclysmic proportions and still is.

Rip that band aid off now and just BURN the rest of the coins.

Burn them into the abyss keeping a very small proportion to fund developments and watch the price increase nicely.

Even better fork it and null the known other ico bb wallets and burn those too.

They had a cheek claiming them anyway.

Nobody will even talk about it after a couple of weeks and any icos complaining will look like complaining scabs anyway.

Just do it, i mean we went back on the full moon distributions and pissed off real investors I couldnt care less about upsetting other greedy ICO managers.

That's what i'd suggest from here on.

relax don't take personal ,Byte ball will eventually reach 5k and beyond,distribution should continue as planned i agree the distribution should have been over by now but Tonych is absolutely right trying to distribute the coin to as many people as possible,basically the success of the coin will be measured by how many people holding the coin not by the price,good price will eventually come slowly but surely give it until 2020

[byteball3r]

The Dev won't look dodgy because the money will be used for the benefit of the coin. It won't benefit those who just want free coins of course. But a larger adoption through marketing (and we have seen what a simple reddit advertisement can do) will be good for the existing coin holders.

so basically you want to turn Byteball to ICO?2% donation should be enough for marketing the coin if you want an ICO then that something different Tonych was clear in the white paper he want to distribute Byteball to as many people as possible and that's why he hold the airdrop to give time for cashback program and other distributions method not to give time for an ICO

Umm no. You cannot deny that many people got airdrops just for "free money" without caring at all about the platform. Selling bytes on the open market to get money for marketing has the *same* distribution benefit as Whale #35 dumping it.  However in the former case the money is used for a benefit to the ecosystem and further gains users who buy bytes and use the platform, but in the later some random person just got private spending money. And there is no moral high ground of the latter. If everyone keeps Byteball quiet, the holdings of bytes will become more concentrated. Which is the opposite of the stated goal of wide distribution.

While directly distributing bytes to many was a great bootstrap, it is not a panacea... how is auroracoin doing lately? Someone will be much more interested in a platform if they decide to buy into it with a financial stake and learn about it, than if they just get "free money".

[ByteFan]

Blackbytes Escrow Exchange Bot (BEEB) is offering you 1,000,000 Bytes!

Buy and sale BlackBytes on BEEB - More info on http://beeb-bot.com


Here is your link to receive 1,000,000 Bytes: https://byteball.org/openapp.html#textcoin?theory-inquiry-timber-prize-uniform-wear-inquiry-chair-imitate-awesome-weekend-between

[Dr_Voidberg]

I llike this simple solution:

Put 100,000 GBYTE into a Byteball Foundation to use for marketing, corporate outreach, expanding the dev team, etc.

Put 100,000 aside to continue using for cashback merchant program and any other future programs.

Airdrop the rest.

Done.

[codemanX]

I llike this simple solution:

Put 100,000 GBYTE into a Byteball Foundation to use for marketing, corporate outreach, expanding the dev team, etc.

Put 100,000 aside to continue using for cashback merchant program and any other future programs.

Airdrop the rest.

Done.

I like it too, that would be my preferred model, airdrop the rest to Byteball Holder or burn them, it doesn't matter.

[detectiveduck]

I llike this simple solution:

Put 100,000 GBYTE into a Byteball Foundation to use for marketing, corporate outreach, expanding the dev team, etc.

Put 100,000 aside to continue using for cashback merchant program and any other future programs.

Airdrop the rest.

Done.

I like it too, that would be my preferred model, airdrop the rest to Byteball Holder or burn them, it doesn't matter.

Byteball Foundation is the way to go IMO

[pxrunes]

Freebe Blackbyte Exchange Report



There was some action this week at the Blackbyte market! Although we saw the price tanking a little bit (avg. price around 0.045 - 0.05) due to the price rise of byteball bytes the trading pair: GB:GBB seems relatively stable. I expect no big movements in the near future.

24h volume: 376 GBB Best Ask: 0.0533 (20 GBB) Best Bid: 0.04 (1 GBB) Total GBB wanted: 2788 Total GBB for sell: 5748 Total volume all time: 88816 GBB Total successful trades: 1766

Partially traiding enabled! Instantly sell any amount of Blackbytes at the best marketprice.

Just type: sell <amount> <your address> for example: sell 1.45g QUVOQQRO42BWCUG7VH2G6W6CWFKTGGI4. For the amount you can use any unit, such as "g", "m" or "k".

More help, information and live data available at: http://freebe.byte-ball.com

[Dr_Voidberg]

IOTA has 15bn market cap, Byteball 0.3bn. Thats a 50x upside for us! Guys spread the word about Byteball, we can do it!!

[Hyena]

IOTA has 15bn market cap, Byteball 0.3bn. Thats a 50x upside for us! Guys spread the word about Byteball, we can do it!!

Very true. This shows that market actually wants something like Byteball if only it was aware of the existence of Byteball and its implications. IOTA is only a bag of hot air pumped up with ICO funds. They bought their own coin with the ICO funds and also used those funds for marketing but they have no tech to actually justify the price. Byteball, on the other hand, has solid fundamentals.

[xlcus]

IOTA has 15bn market cap, Byteball 0.3bn. Thats a 50x upside for us! Guys spread the word about Byteball, we can do it!!

Very true. This shows that market actually wants something like Byteball if only it was aware of the existence of Byteball and its implications. IOTA is only a bag of hot air pumped up with ICO funds. They bought their own coin with the ICO funds and also used those funds for marketing but they have no tech to actually justify the price. Byteball, on the other hand, has solid fundamentals.

Same tech doesn't mean anything. Bitcoin and other bitcoin-like copies have very different prices.

[sailthor]

IOTA has 15bn market cap, Byteball 0.3bn. Thats a 50x upside for us! Guys spread the word about Byteball, we can do it!!

Very true. This shows that market actually wants something like Byteball if only it was aware of the existence of Byteball and its implications. IOTA is only a bag of hot air pumped up with ICO funds. They bought their own coin with the ICO funds and also used those funds for marketing but they have no tech to actually justify the price. Byteball, on the other hand, has solid fundamentals.

Same tech doesn't mean anything. Bitcoin and other bitcoin-like copies have very different prices.

Bitcoin is community driven, bitcoin-like copies usually have a team.