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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1231350 times)
-doubleU-
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January 03, 2018, 01:39:21 PM
 #16281

Thank you! How to participate in the distribution. I sent a bot message, but he needs a transfer from bitcoin-purse. What does he want? I want the spread to be 0.3GB, not bitcoins.
I have 0GB on my wallet now, maybe this is the problem? (my GB is still on the stock exchange)
Normally you must hold your (Giga)Bytes in your wallet. Some stock exchanges like cryptox.pl give the airdrop to the users (with a little Fee) that hold Bytes on the Exchange.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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petr87
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January 03, 2018, 01:42:59 PM
 #16282

Thank you! How to participate in the distribution. I sent a bot message, but he needs a transfer from bitcoin-purse. What does he want? I want the spread to be 0.3GB, not bitcoins.
I have 0GB on my wallet now, maybe this is the problem? (my GB is still on the stock exchange)
Normally you must hold your (Giga)Bytes in your wallet. Some stock exchanges like cryptox.pl give the airdrop to the users (with a little Fee) that hold Bytes on the Exchange.


Thanks!
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January 03, 2018, 02:45:01 PM
 #16283

Version 2.1 released: https://github.com/byteball/byteball/releases

* Added ability to send all public assets as textcoins.  Previously it was available only for bytes.
* Added ability to remove the sent textcoins from the wallet, which allows to create paper wallets for cold storage.  The paper wallet is just the 12 words of the textcoin.  After writing it down (and optionally printing as QR code using any QR code generator), you delete the textcoin from the wallet to protect it from online threats.  Later, you can get this money back online by using Claim link on the Receive tab of the wallet and typing the 12 words.  If you don't plan to spend 90% of your balance in the near future, this is a way to keep it safer.
* Added dollar amounts in the texts that come with textcoins.  Those who receive textcoins via email, will have a better idea how much they received.
* Added dollar amounts in the display of wallet balances, transaction history, and fees.  The fees are particularly important.  I saw many people trying to get the dollar value of Byteball fees and almost always they were 2 or 3 zeros off.  The rates are updated from Bittrex and Freebe every 5 minutes.  Hub operators, please update your hubs.
* Fixed the remaining crashes in full wallets





Great. Download and use it.
xlcus
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January 03, 2018, 02:45:58 PM
 #16284

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.

....

Sorry for the delay, the new distribution method is ready now but, to make it better noticed, it will be launched (and announced) after the holidays.

Is there any news about the new distribution method?
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January 03, 2018, 02:51:13 PM
 #16285

Blackbytes Bytes Exchange BEEB is offering you 1,000,000 Bytes!

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


Here is your link to receive 1,000,000 Bytes: https://byteball.org/openapp.html#textcoin?together-orange-pelican-tooth-fox-lucky-half-cup-window-coil-radar-pen
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January 03, 2018, 02:59:31 PM
 #16286

Why do you think IOTA and XRB soared (moon, in crypto slang) while GByte is still 0.05 BTC? Any idea? It doesn't make much sense in my opinion.

Let the bullet fly for a while, dude.
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January 03, 2018, 03:12:31 PM
 #16287

Why do you think IOTA and XRB soared (moon, in crypto slang) while GByte is still 0.05 BTC? Any idea? It doesn't make much sense in my opinion.

it's because noobs think BB is expensive. In the meantime tony keeps ignoring our requests to list the coin in MByte to be psychologically more attractive.
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January 03, 2018, 04:05:35 PM
 #16288

Not so long ago, both Stellar Lumens and Byteball were around the same place at Coinmarketcap, around #20 based on market cap. I remember this, because both were airdropped and both had my attention.
At the moment, Stellar is #6, while Byteball is #56. Byteball only has about 33% left to distribute, Stellar has about 83% left, and keeps a very large share for it's own foundation. Stellar is centralized, has very low fees, a high cost per wallet and hence no privacy in using different addresses, and yet, it has a much higher market cap.
While Byteball went up 4-fold in the past 3 months (measured in dollars), stellar went up 70-fold. I can only dream of Byteball following this path, it would mean more than a Bitcoin per GBYTE, or as many prefer: more than 0.001BTC per MBYTE.
Stellar always had a higher 24h trading volume than Byteball, it's now 450 times larger. But Stellar is traded al almost all possible exchanges.

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January 03, 2018, 04:18:40 PM
 #16289

 The DAG uses each transaction on its “chain” to solve the ones before it, as more transactions go on the quicker the solution is found.
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January 03, 2018, 04:20:02 PM
 #16290

The DAG uses each transaction on its “chain” to solve the ones before it, as more transactions go on the quicker the solution is found.
Byteball distributed their initial “Bytes” back in 2016 via cashback partnerships with merchants and distributing certain amounts dependent on the amount of BTC in an account. This has resulted in a headstart in the market instead of, what has become the industry standard, creating an ICO and hoping for the best.Beyond this, Byteball is offering smart contracts similar in vein to what Ethereum offers. They have even further expanded on the capabilities of these contracts for use in betting on sports events or political elections as well.
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January 03, 2018, 04:26:35 PM
 #16291

Why do you think IOTA and XRB soared (moon, in crypto slang) while GByte is still 0.05 BTC? Any idea? It doesn't make much sense in my opinion.

Let the bullet fly for a while, dude.
That's because the byteball is far more than the money in the public's heart, and compared to the thousands of coins in the market soaring, the byteball is thought to be the bottom at the moment
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January 03, 2018, 04:41:01 PM
 #16292

What is best exchange for this coin to buy?
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January 03, 2018, 06:06:08 PM
 #16293

What is best exchange for this coin to buy?

I think byteball is only list on Bittrex.
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January 03, 2018, 06:19:36 PM
 #16294

Byteball is also listed on Cryptopia but their wallet has been in maintenance for quite some time already, making withdrawals impossible. I do not know the current stats thereof.

For all available markets, see: https://coinmarketcap.com/currencies/byteball/#markets

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January 03, 2018, 06:39:07 PM
 #16295

What is best exchange for this coin to buy?

I think byteball is only list on Bittrex.

Bittrex
Cryptox
Cryptopia

I like Cryptox, is not much traffic, but never had any problem.

 
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tonych (OP)
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January 03, 2018, 06:41:50 PM
 #16296

Awesome features! BTW, improved translations didn't make it into the new version?

Didn't have time to merge them, will make it to the next.

Simplicity is beauty
tonych (OP)
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January 03, 2018, 06:57:33 PM
 #16297

Updated translations of the site:

https://byteball.org/index.html.ja
https://byteball.org/index.html.de
https://byteball.org/index.html.ru

A few other languages are less than half done:
https://byteball.org/index.html.pl
https://byteball.org/index.html.es
https://byteball.org/index.html.zh
https://byteball.org/index.html.da

Please join our crowdin project and help translate https://crowdin.com/project/byteball-web

Simplicity is beauty
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January 03, 2018, 07:07:46 PM
 #16298

is there bounty program for translation?
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January 03, 2018, 07:17:22 PM
 #16299


Happy to contribute but how does this work (I logged in but cannot find the English master file)?

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January 03, 2018, 07:21:44 PM
 #16300

Not so long ago, both Stellar Lumens and Byteball were around the same place at Coinmarketcap, around #20 based on market cap. I remember this, because both were airdropped and both had my attention.
At the moment, Stellar is #6, while Byteball is #56. Byteball only has about 33% left to distribute, Stellar has about 83% left, and keeps a very large share for it's own foundation. Stellar is centralized, has very low fees, a high cost per wallet and hence no privacy in using different addresses, and yet, it has a much higher market cap.
While Byteball went up 4-fold in the past 3 months (measured in dollars), stellar went up 70-fold. I can only dream of Byteball following this path, it would mean more than a Bitcoin per GBYTE, or as many prefer: more than 0.001BTC per MBYTE.
Stellar always had a higher 24h trading volume than Byteball, it's now 450 times larger. But Stellar is traded al almost all possible exchanges.

That is an interesting comparison. You have forgotten to mention that Stellar does a hell of a marketing, and Byteball does zero marketing. We live in an age where marketing, alas, is one of the most important factors in the success of a project, because it deals with the PERCEPTION that people have of a product, which in the end is what really matters. We need a marketing division for Byteball.
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