Obyte: Totally new consensus algorithm + private untraceable payments

[Karartma1]

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.

Yes.
Before the Wavecrest issues we were using our Coinsbank cards to pay for groceries, pubs, food and stuff in the following way.
We had a multisig in place and when we agreed on the amount to pay we used Changelly to move bytes to ltc (therefore using ltc as a base currency for payments via coinsbank).

But I think the most interesting one was that we were betting against each other using those betting oracles in the bot store. And of course instead of using whatsapp/telegram ... we chat via the byteball app!

[ohzeih5n]

I've been surprised by this team, It seems like all devs,mods and community are doing their best to make the project successful and I'm sure that it will be one of the best in cryptos. Hope the best for you all

[-doubleU-]

Exchange Listings: What if an exchange was able to offer every one of their clients a little bit of "free money" and get some in return (say 10% of what is distributed to their clients for performing a service that ByteBall wants) - a little taste of ByteBall for all their clients as a promotion - do you think the Exchange would like that? I do. It would be a Fantastic No-Brainer Promotion that I would jump on in a second (good for them, good for us, good for everyone).

Imagine if we could sign up a couple million new users in a few weeks time by offering this to a few exchanges we feel are worthy. The Amounts Distributed could be too small and too diverse to make heavy selling a possibility (and why would they want to sell? - I think they would buy more ), the wallet would also then be in the hands of people who are already crypto enthusiasts - the exact people that can and will direct funds from other cryptos into Bytes, tell their crypto buddies about it and actually use Bytes in commerce. This is targeting at its finest.

I think KuCoin would a good and innovative Exchange for a Promotion on a way like this. KuCoin makes Offers and Promotions when she list new coins in the last time. Tonych can contact this Exchange with this Form.

[Somz1]

Byteball has grown at almost the same rate as eth
Nice to see that, good luck

[djpitagora]

Byteball has grown at almost the same rate as eth
Nice to see that, good luck

what have you been smoking? Over the whole year there has barely been growth. A lot of people got months ago at 700$. Yes, if you got in late at 200$ maybe, but take a step back to see the bigger picture

[LoyceV]

a) Exchange Listings: What if an exchange was able to offer every one of their clients a little bit of "free money" and get some in return (say 10% of what is distributed to their clients for performing a service that ByteBall wants) - a little taste of ByteBall for all their clients as a promotion - do you think the Exchange would like that? I do. It would be a Fantastic No-Brainer Promotion that I would jump on in a second (good for them, good for us, good for everyone).

I've been thinking about this too, but I see several possible problems:
-it has to be an exchange with full KYC to prevent double accounts (people are already selling Binance accounts, and Bittrex for example has disabled all unverified accounts).
-you risk airdropping money on old unused accounts, basically just making the exchange richer.
-many people who "trade altcoins" on exchanges don't ever install a wallet on their own. Even if giving more free money to more traders can pump up the price, it doesn't accomplish Tony's goal of getting actual users to really use the wallet.
-you have to trust the exchange, you can't verify how many users they have.

Imagine if we could sign up a couple million new users in a few weeks time by offering this to a few exchanges we feel are worthy.

Reaching millions is the dream! The Transition Bot currently shows only 69249 entries, and that includes many people with more than one address. Giving away many millions of dollars worth of Bytes and Blackbytes didn't reach that many people, and yet, this little number of people already lead to a great value.

What if we set up a Smart Contract whereby a Byteballer Invites someone to participate, and gets a 10% refferal fee (or other percentage)?

This has the same problem of abuse: how do you know they're not just referring themselves? I alone have installed at least 7 wallets already!

I think the best advertising for any product is mouth to mouth marketing. Most Byteball users got many bytes for free. Just send some textcoins to people you think might like it, and let Byteball roll!

Here is your link to receive 66666 Bytes (≈0.07 USD): https://byteball.org/openapp.html#textcoin?foam-end-need-verify-chalk-jelly-assume-return-clutch-strike-crew-cave

[zaliass]

Hi All,

Newbie on Forum = YES!
Crypto < 6 months Byteball < 2 months.

Wanted to post that since stumbling across ByteBall I have fallen for it, spread the word to my friends & family by donating some bytes and managed to get a few of them on board while a few others need more time We get involved sending money to eachother, chatting and using the bots.

I had a few questions in regards to the project. I work as a securities trader and the CFD trading bot has really caught my eye. ( yes i know how much all of you hate banks/corporations but it all needs to start somewhere).
My questions were:
are we expecting to see more cryptos to trade CFDs vs BB?
are we likely to see a CFD platform on financial products / indices / commodities  vs BB or fiat and the payout would be in BB?

Also, for my betting if the specific bet is on Bettingbot i will certainly go through there otherwise just use my own betting site.
What is the capacity here in growing out the markets for each betting event (Over x goals, under x points)? I know there's a way to make the contract yourself ( Haven't had the time to explore this due to my time constraint) but adding this to the BettingBot would be super cool 

I understand with the amount of work ongoing and all the avenues being explored this isn't on the priority list but just a thought.

Overall, love the project.

Peace

[ByteFan]

Hi All,

Newbie on Forum = YES!
Crypto < 6 months Byteball < 2 months.

Wanted to post that since stumbling across ByteBall I have fallen for it, spread the word to my friends & family by donating some bytes and managed to get a few of them on board while a few others need more time We get involved sending money to eachother, chatting and using the bots.

I had a few questions in regards to the project. I work as a securities trader and the CFD trading bot has really caught my eye. ( yes i know how much all of you hate banks/corporations but it all needs to start somewhere).
My questions were:
are we expecting to see more cryptos to trade CFDs vs BB?
are we likely to see a CFD platform on financial products / indices / commodities  vs BB or fiat and the payout would be in BB?

Also, for my betting if the specific bet is on Bettingbot i will certainly go through there otherwise just use my own betting site.
What is the capacity here in growing out the markets for each betting event (Over x goals, under x points)? I know there's a way to make the contract yourself ( Haven't had the time to explore this due to my time constraint) but adding this to the BettingBot would be super cool 

I understand with the amount of work ongoing and all the avenues being explored this isn't on the priority list but just a thought.

Overall, love the project.

Peace

You will enjoy https://binaryballs.com/ (Binary Options Trading with Byteball Bytes) too

[ByteFan]

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

[Malek17]

Does anybody know how many Byteball addresses with a positive Balance?

[ByteFan]

Does anybody know how many Byteball addresses with a positive Balance?

35757

[Malek17]

Does anybody know how many Byteball addresses with a positive Balance?

35757

Doesn't seems a lot ,does it? i was expecting something above 100k

[AlexNedano]

How bots being added to the store? Does Tonych check if they are not fraud? And how this will work in future when there will be hundreds developers?

[paparadis]

There's a very optimistic article about Byteball on the TheMerkle news web: https://themerkle.com/iota-raiblocks-whos-next-byteball/
It's nice to see that Byteball is getting more and more news coverage lately... it's a good marketing and hopefully many more new people will learn about it.

Really good article, thanks!

[Freefactomizer]

Hi All,

Newbie on Forum = YES!
Crypto < 6 months Byteball < 2 months.

Wanted to post that since stumbling across ByteBall I have fallen for it, spread the word to my friends & family by donating some bytes and managed to get a few of them on board while a few others need more time We get involved sending money to eachother, chatting and using the bots.

I had a few questions in regards to the project. I work as a securities trader and the CFD trading bot has really caught my eye. ( yes i know how much all of you hate banks/corporations but it all needs to start somewhere).
My questions were:
are we expecting to see more cryptos to trade CFDs vs BB?
are we likely to see a CFD platform on financial products / indices / commodities  vs BB or fiat and the payout would be in BB?

Also, for my betting if the specific bet is on Bettingbot i will certainly go through there otherwise just use my own betting site.
What is the capacity here in growing out the markets for each betting event (Over x goals, under x points)? I know there's a way to make the contract yourself ( Haven't had the time to explore this due to my time constraint) but adding this to the BettingBot would be super cool  

I understand with the amount of work ongoing and all the avenues being explored this isn't on the priority list but just a thought.

Overall, love the project.

Peace

I'm the dev and operator of these 2 chatbots, I'm glad you like them !

Currently the CFD-trading bot takes coverage by selling/buying on Bittrex with my own holdings, as you can guess I don't hold much cryptos thus the choice is limited. In the future, we can imagine a lending market but for now I prefer to be responsible only for my own money.
I thought about introducing stock indices but the problem is that the financial coverage would need a conversion to fiat which would trigger a fiscal event for me (and I live in a fiscal evil...).

About the betting-bot I want to keep them as simple as possible for now, I don't want to confuse players with kinds of bets that are not common in their country.

[Windy_logan]

Guys,

does anybody knows what is the Byteball transaction limit? In accordance to this comparison (https://www.guidetocrypto.com/investing/byteball-vs-iota-vs-raiblocks-directed-acyclic-graph-dac-coin-comparison/) the current limit is 20-30 TPS. Is that right?

[Freefactomizer]

Guys,

does anybody knows what is the Byteball transaction limit? In accordance to this comparison (https://www.guidetocrypto.com/investing/byteball-vs-iota-vs-raiblocks-directed-acyclic-graph-dac-coin-comparison/) the current limit is 20-30 TPS. Is that right?

It is right but it doesn't mean anything about Byteball scalabilty. For now, byteball-core is coded in a clear and simple manner to be robust and easily understood by new devs. When needed, it will be possible to optimize the code base to increase performance in term of TPS. There is no architectural limit with DAG.

[BillionairePal]

I think KuCoin would a good and innovative Exchange for a Promotion on a way like this. KuCoin makes Offers and Promotions when she list new coins in the last time. Tonych can contact this Exchange with this Form.

Absolutely! KuCoin is THE FASTEST GROWING crypto exchange and I expect it to get into top 5 within several months. It would be great if they listed Byteball. They have 50 coins and they plan to add 1,000 this year! They have an absolutely disruptive growth model, no verification, no withdrawal limits. Irresistible! Check this out: KuCoin

Tony, Eli, please apply!

[Windy_logan]

Guys,

does anybody knows what is the Byteball transaction limit? In accordance to this comparison (https://www.guidetocrypto.com/investing/byteball-vs-iota-vs-raiblocks-directed-acyclic-graph-dac-coin-comparison/) the current limit is 20-30 TPS. Is that right?

It is right but it doesn't mean anything about Byteball scalabilty. For now, byteball-core is coded in a clear and simple manner to be robust and easily understood by new devs. When needed, it will be possible to optimize the code base to increase performance in term of TPS. There is no architectural limit with DAG.

Many thanks for the answer.

I have another question: In the comparison there is 30 second of maximum (theoretical) time for confirmation. However some say, that currently it takes longer, 1-2 minutes or even more. Is it possible to reduce the time in the future?

[CryptoRobert]

I think KuCoin would a good and innovative Exchange for a Promotion on a way like this. KuCoin makes Offers and Promotions when she list new coins in the last time. Tonych can contact this Exchange with this Form.

Absolutely! KuCoin is THE FASTEST GROWING crypto exchange and I expect it to get into top 5 within several months. It would be great if they listed Byteball. They have 50 coins and they plan to add 1,000 this year! They have an absolutely disruptive growth model. Irresistible! Check this out: KuCoin

Tony, Eli, please apply!

Moreover, KuCoin is not bothering their clients with withdrawing limits and intrusive identity verification processes, I have felt very comfortable to start using it, unlike it happens with other exchanges. I would really hope to see Byteball listed there, especially as Bittrex is accepting no new members.