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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1231358 times)
bonipper
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January 13, 2018, 06:02:39 AM
 #16581

So is the cat out of the bag now? Been a nice accumulation phase. Shame it didn't last just a little bit longer.

What's the big news?
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January 13, 2018, 07:24:42 AM
 #16582

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


Another small but important update: when a textcoin link is clicked on Android which doesn't have Byteball app installed yet, the user will be automatically redirected to our app on Google Play and the textcoin will be passed on to Google Play, then to the newly installed app, and claimed immediately after the wallet is created.  Which is a very smooth process for new users.

that's the only few coin i think are doing great.

i hope byteball can become as big as iota.

it's a great coin with a great future.

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM
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January 13, 2018, 09:30:26 AM
Merited by LoyceV (2)
 #16583

The Great ByteBall Name Debate:
What follows is taken from an exchange with some folks on our Reddit, encapsulating the essence of the great ByteBall name debate, and some responses which obviously I feel have value. I present this here in the hopes that it be a bridge to a place where we are all on the same page and moving forward in the most constructive way. My apologies if I seem a bit harsh at times in the larger thread [link below], but some issues have the potential to do us great harm. Especially with marketing efforts. I don't want that to happen. Let's fix things, even if only temporarily until we are a bit further along and much stronger.

Everytime the name or denomination issue comes up, we all pick sides and quarrel with each other. I am just as passionate as you about this outstanding project and I want my (our) investment of time and money to do very well. But, we must understand that Byteball is a huge endeavor with many, many moving complex parts, and the project is very young. It still very much needs to be nurtured. When we look at what has been accomplished in just over a year, who can say it's not breathtaking, but it is not a certainty - most especially if we quarrel amongst ourselves and allow others to distract us with issues that can be framed very differently.

Potential Investor:
There’s no marketing for byteball How come IOTA? How come RaiBlocks? How come everyone else is to the moon but us?
Response:
A shame you can't see how much is actually going around you. There are Translations, Video Fawcets, experiments with Textcoin, email money, paid article placements videos being made, articles being written and promoted and so much more it's hard to keep track. Things also have to be in place first for bigger promotions to have the best effect - I guess you're too focused on the price alone. cmon bro, get involved, do something to help your investment, go make a positive comment somewhere or give a few bytes to a buddy. we all got some work to do.  Things are coming together perfectly. Things often need a bit of time for the pieces to come together just right. Why no moon for us yet? Markets are strange beasts that sniff out uncertainty and act accordingly.

Investor:
ByteBall sounds like BITE BALL. Which normie would put serious money into something that sounds obscene. If in doubt about Byteball name, ask your mum or girlfriend for honest opinion :-)
Response:
If your mum or girlfriend read the Whitepaper (https://byteball.org/Byteball.pdf) (which you obviously have not), they would immediately understand why it's named ByteBall - it's named for what it is - Not so hard to understand. Say it out loud a few times with some good energy behind it. It's a FANTASTIC NAME! It Fits Perfectly!  ... and we don't need normies who think we sound obscene. when they grow up, we will be here.

Investor:
The name isn't just a barrier facing investors, it's also a barrier facing the average potential user. As many such users face the same decision, "can I really say 'how many byteballs?' to my barista / boss / mom," some will understandably choose not to use it. That's a real problem, that's adoption. Good tech is only one piece of usability; network effects of a payment platform is even more important. So while it's understandable that tech comes first, it's also important to realize good branding is a core part of the product itself for consumer products.
Really, they should just hire someone to handle it.

Response:
It has to be understood that the whole "name & denomination as a big problem" thing arose after the price didn't skyrocket like so many other lesser offerings, leaving bewildered supporters to point fingers and quarrel amongst each other. Seriously flawed analysis IMO. The price was depressed for completely different reasons. Community infighting is one of the worst things that can happen to a project such as this - it has the potential to mess things up big time. I've been in marketing my whole life and have seen first hand, over and over, how quickly & easily the right messaging changes peoples perception of things. This young project did not have that aspect properly in place, and communications have also not been optimal - so the issue has festered. I have also seen countless times how infighting can destroy a project. Let's not let that happen here.

It's time for this to change.

With our help, messaging and communications will become more & more sophisticated over time, addressing the concerns of yours and others that the name is somehow sexually obscene.

For example, ByteBall is the platform, Bytes are the currency.
One would say to one's barista / boss / mom, "how many Bytes", will that be Gbytes, Mbytes, or Kbytes? In the same way, ByteBall (the platform) can use messaging that clearly presents it as Revolutionary New Technology, DAG - a "Ball of Bytes" - an astonishingly flexible Platform for Virtual Asset Value Transfer in the Digital Age - in short time there would be no issue at all.

Last thing I want to say is this: I have no doubt whatsoever that an even better name could be conjured, but it is absolutely the wrong time to be having these debates. It is divisive, demoralizing and as counterproductive as anything could be right now, and those things had very little to do with the price - price was governed by entirely different factors, things are not always what they appear to be - at minimum, we need to put this on the shelf for a while. The most productive thing supporters could do right now is to move forward united & engaged in building this amazing thing together. If you are a contributor, your efforts are bringing enormous value to the platform. Thank you! Please shrug off any feelings of low morale you may have because of any divisive issues. Let's do our best work within the structure we currently have - all will work out just fine.

Wonderful things are happening all over the place. We are sitting on a Rocket. Let's get on with what really matters right now.

Reference:
https://www.reddit.com/r/ByteBall/comments/7pkwc0/wake_up_marketing_rebrand_learn_from_railblocks/
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January 13, 2018, 09:59:20 AM
 #16584

I submitted a form to add Byteball to Bit-Z exchange and filled Tonych contacts (public of course).
Anton, sorry for such impudence.

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January 13, 2018, 10:01:56 AM
 #16585

Good stuff Pinstripe! Glad to have you involved  Smiley

⚪ Obyte     ❱❱❱     I T   J U S T   W O R K S .    ❱❱❱
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January 13, 2018, 10:30:07 AM
 #16586

Is anyone in contact with jl777 about trying to get Byteball on BarterDEX? jl777 is a major holder of BB, it might take some work, but man, it would be worth it to have atomic swaps for BB with bitcoin clones, KMD, and maybe ETH and erc20 tokens soon too.


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LoyceV
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January 13, 2018, 10:38:05 AM
 #16587

I noticed textcoin is denominated in GB too btw. I think the high value of a full GB is fitting for what BB is.
You can easily edit that.
Thanks for the tip, but I can't seem to change it in the mobile wallet. It is set to bytes as a unit, but the message talks about GB.
You can (manually) edit it before posting. It's just text.

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January 13, 2018, 11:18:06 AM
 #16588

I noticed textcoin is denominated in GB too btw. I think the high value of a full GB is fitting for what BB is.
You can easily edit that.
Thanks for the tip, but I can't seem to change it in the mobile wallet. It is set to bytes as a unit, but the message talks about GB.
You can (manually) edit it before posting. It's just text.

Ah I see, thanks. Worthwhile to do, I'm trying to turn all my friends, collegues and acquintances into Byteball millionairs =D

=P
tonych (OP)
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January 13, 2018, 11:19:33 AM
 #16589

I also like a lot the new wallet showing dollar values of GB and assets,will it be possible in future to also add Euros(and eventually other FIAT currencies)?
Multicurrency Values of GB was a good option for the future. I think that is possible, Tonych can use the Coinmarketcap API instead the Bittrex API. I hope he like your Idea... 

It will be possible.  Not a huge priority at the moment though.

Simplicity is beauty
tonych (OP)
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January 13, 2018, 11:45:50 AM
 #16590

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


Another small but important update: when a textcoin link is clicked on Android which doesn't have Byteball app installed yet, the user will be automatically redirected to our app on Google Play and the textcoin will be passed on to Google Play, then to the newly installed app, and claimed immediately after the wallet is created.  Which is a very smooth process for new users.

You are silently doing something great and I do hope you will get what you deserve for your work and committment to this project.
I am using the Byteball app with some friends where we chat together, bet together, share expenses together and that feels so great. I can't do the same with any other coin!
Thanks tony

Glad to hear!  Could you tell us more about this?  These real life stories are the most authentic marketing I can imagine.

Simplicity is beauty
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January 13, 2018, 12:47:34 PM
Last edit: January 13, 2018, 01:55:13 PM by tonych
 #16591

An update about our upcoming promotional activities.

1. Eli Taranto has joined our team as PR and Marketing director.
He has a strong track record in marketing, business development, and investor relations.
See his LinkedIn profile https://www.linkedin.com/in/eli-taranto/
He will be paid from the Community Fund

2. Steve will give a talk about Byteball at World Crypto Economic Forum in San Francisco http://wcef.co/ on January 15-16.
Eli will also be there, and there is a number of meetings planned in addition to the conference.
Unfortunately, I cannot attend as it was unrealistic to get a visa within such short time frame.
We sponsor WiFi at the conference.  This is paid from the Community Fund.

We will also send out $10 worth textcoins to all 1000 participants of the conference.  This will be paid from the undistributed funds.  And it is one of the new distribution methods.

3. I will speak at Altcoin Meetup in Zurich on February 2.  The meetup is organized by Bitcoin Association of Switzerland.

Simplicity is beauty
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January 13, 2018, 12:47:47 PM
 #16592


Hi tonych,

You may find this quite an authentic marketing possibility for a future portion of the remaining Bytes:
https://www.reddit.com/r/ByteBall/comments/7opnl4/bytes_accepted_here_contest_10000000_bytes_prize/dsgoj8c/

When you have a moment, consider giving it a read.

By engaging the community, we can provide opportunities for growing the ByteBall Economy, while also demonstrating use cases and showcasing the technology,
The fact that we could build an ethical marketing machine that ties it all together is icing on the cake.
It could be very powerful, and perhaps even go super viral under the right conditions.
I believe the plan is ethical and would help to massively grow the entrepreneurial spirit of our ByteBall Economy.
Bytes need to circulate amongst us more and more to build value in the system.

Anyways, hope you find it interesting.

love what you guys are doing.

cheers. Pinstripe.
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January 13, 2018, 12:59:20 PM
 #16593

An update about our upcoming promotional activities.

..
Simple beautiful this news! Wink
Textcoin is a very powerful tool. This will greatly help Byteball and future ICOs to enter the real world.
Keep it up   Smiley
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January 13, 2018, 01:05:11 PM
 #16594

You may find this quite an authentic marketing possibility for a future portion of the remaining Bytes:
https://www.reddit.com/r/ByteBall/comments/7opnl4/bytes_accepted_here_contest_10000000_bytes_prize/dsgoj8c/
Allow me to quote the main part of this link:
Quote
What if… Byteball makes a special ‘Discover Byteball’ page where people can upload their contactlist with email addresses. Every email address you provide will receive 1 MB (± $0,70) via textcoin from this fund.
I see two main problems with this:
1. Basically, it's spamming people. And although that is a powerful method used by almost every social media website, I personally hate it when a company sends me an email because someone else leaked my email address.
2. It will be very easy to abuse. Giveaways in general are heavily abused, and if all that's required is an email address, many people will claim this many times.


Here is your link to receive 25000 Bytes (≈0.03 USD): https://byteball.org/openapp.html#textcoin?repair-spoon-lumber-correct-rug-depth-account-sun-hammer-below-noble-garden

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January 13, 2018, 01:19:00 PM
 #16595

An update about our upcoming promotional activities.

1. Eli Taranto has joined our team as PR and Marketing director.
He has a strong track record in marketing, business development, and investor relations.
See his LinkedIn profile https://www.linkedin.com/in/eli-taranto/
He will be paid from the Community Fund

2. Steve will give a talk about Byteball at World Crypto Economic Forum http://wcef.co/ on January 15-16.
Eli will also be there, and there is a number of meetings planned in addition to the conference.
Unfortunately, I cannot attend as it was unrealistic to get a visa within such short time frame.
We sponsor WiFi at the conference.  This is paid from the Community Fund.

We will also send out $10 worth textcoins to all 1000 participants of the conference.  This will be paid from the undistributed funds.  And it is one of the new distribution methods.

3. I will speak at Altcoin Meetup in Zurich on February 2.  The meetup is organized by Bitcoin Association of Switzerland.


This is good stuff. Byteball's technical development and community have always been strong, we definitely needed some more marketing.
Beefing up the marketing team and increasing our media presence will definitely attract more users to Byteball.


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January 13, 2018, 01:46:43 PM
 #16596

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?soda-rural-soul-say-napkin-aisle-crowd-debate-tooth-lumber-report-mixed
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January 13, 2018, 02:00:15 PM
 #16597


This is a good thing, even though they should have spent a few more words for us, Byteball surely deserves that Smiley
However, even a simple mention like this with the link to Byteball's website is a very good thing - smart money doesn't need more Smiley
tonych (OP)
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January 13, 2018, 02:16:51 PM
 #16598

You may find this quite an authentic marketing possibility for a future portion of the remaining Bytes:
https://www.reddit.com/r/ByteBall/comments/7opnl4/bytes_accepted_here_contest_10000000_bytes_prize/dsgoj8c/
Allow me to quote the main part of this link:
Quote
What if… Byteball makes a special ‘Discover Byteball’ page where people can upload their contactlist with email addresses. Every email address you provide will receive 1 MB (± $0,70) via textcoin from this fund.
I see two main problems with this:
1. Basically, it's spamming people. And although that is a powerful method used by almost every social media website, I personally hate it when a company sends me an email because someone else leaked my email address.
2. It will be very easy to abuse. Giveaways in general are heavily abused, and if all that's required is an email address, many people will claim this many times.

I agree with LoyceV.  These emails must come from a known trusted sender.  It is either a person-to-person email/chat, or a mass mailing from a business/organization you already have some relations with.

Simplicity is beauty
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January 13, 2018, 02:40:37 PM
 #16599

The market seems to be reacting positively to the upcoming promotional activities on Byteball. Was news about the upcoming promotion published elsewhere before today? That could explain the huge run up in price over the last couple of days.
If it was not, then it could be a classic case of traders with inside information lapping up cheap bytes.  Wink


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Rogerdale
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January 13, 2018, 02:45:41 PM
 #16600

The market seems to be reacting positively to the upcoming promotional activities on Byteball. Was news about the upcoming promotion published elsewhere before today? That could explain the huge run up in price over the last couple of days.
If it was not, then it could be a classic case of traders with inside information lapping up cheap bytes.  Wink

The funny thing is the market reaction to price below and above $1000:
 $800 - too expensive, won't buy.
 $1150 - solid coin, easy buy.
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