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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1157525 times)
Apraksin
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January 15, 2018, 07:18:06 PM
 #16721

Is it fair to say that blackbytes are byteballs + privacy? If this is the case why are blackbytes not worth more?

this is a really good question. i was thinking about the same.

maybe just because it is too "complicated" to use them and you can't just buy them at polo, trex or what ever.
I don't think they could go higher than regular GBYTE because their number is much higher compared to bytes

There are 2,1 million GBB to 1 million GB, so about double. IMO they are severely undervalued.

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European Central Bank
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January 15, 2018, 07:21:41 PM
 #16722

There are 2,1 million GBB to 1 million GB, so about double. IMO they are severely undervalued.

i think they're doomed to remain forever a curio unless there's an easier way of handling and buying and selling them. future users will not be crypto purists. they're looking for ease and utility. they'll go straight for other options that offer them that even if it's detrimental to the actual purpose.
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January 15, 2018, 07:59:01 PM
 #16723

i think they're doomed to remain forever a curio unless there's an easier way of handling and buying and selling them. future users will not be crypto purists. they're looking for ease and utility.
If you order your pizza through Byteball's chat, you can pay for it with just a click. Now imagine this being implemented on a nice website, a GUI to order your pizza, and when you're done it opens the link in your wallet.
It doesn't get much easier than that, all you need is the wallet.

Apraksin
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January 15, 2018, 08:00:05 PM
 #16724

There are 2,1 million GBB to 1 million GB, so about double. IMO they are severely undervalued.

i think they're doomed to remain forever a curio unless there's an easier way of handling and buying and selling them. future users will not be crypto purists. they're looking for ease and utility. they'll go straight for other options that offer them that even if it's detrimental to the actual purpose.

Don't get it, if you have already aquired GB to your wallet it is an extremely simple procedure to buy some GBB.

AlexNedano
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January 15, 2018, 08:34:06 PM
 #16725

Why traders don't like byteball? Daily volume is x10 lower than near positions.
Malek17
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January 15, 2018, 10:25:23 PM
 #16726

There are 2,1 million GBB to 1 million GB, so about double. IMO they are severely undervalued.

i think they're doomed to remain forever a curio unless there's an easier way of handling and buying and selling them. future users will not be crypto purists. they're looking for ease and utility. they'll go straight for other options that offer them that even if it's detrimental to the actual purpose.

Don't get it, if you have already aquired GB to your wallet it is an extremely simple procedure to buy some GBB.
I think the real obstacle for BlackBytes is that the way you need to back up your wallet every time you send or receive BlackBytes most people would want something much simpler where there is not back up required,not sure if it can programmatically changed in the future so not back up required when sending or receiving BlackBytes ,Tonych is a talented Dev i am sure there must something can be done about it
Freefactomizer
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January 15, 2018, 10:53:43 PM
 #16727

There are 2,1 million GBB to 1 million GB, so about double. IMO they are severely undervalued.

i think they're doomed to remain forever a curio unless there's an easier way of handling and buying and selling them. future users will not be crypto purists. they're looking for ease and utility. they'll go straight for other options that offer them that even if it's detrimental to the actual purpose.

Don't get it, if you have already aquired GB to your wallet it is an extremely simple procedure to buy some GBB.
I think the real obstacle for BlackBytes is that the way you need to back up your wallet every time you send or receive BlackBytes most people would want something much simpler where there is not back up required,not sure if it can programmatically changed in the future so not back up required when sending or receiving BlackBytes ,Tonych is a talented Dev i am sure there must something can be done about it

You can set-up a multidevice wallet, then your private informations about your Blackbytes will be replicated on multiple devices after every payments.

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January 15, 2018, 11:21:42 PM
 #16728

Don't get it, if you have already aquired GB to your wallet it is an extremely simple procedure to buy some GBB.

so that's one extra step above just buying some other anon coin and sending it. you have to sync with another wallet to send it. you have to back it up constantly.

you need to be pruning the steps you need to use something to get people on board, not adding them.

dumb? yup. but most people are dumb when it comes to tech.
 
stclair
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January 15, 2018, 11:25:17 PM
 #16729

https://en.wikipedia.org/wiki/Free-rider_problem
Malek17
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January 15, 2018, 11:28:37 PM
 #16730

There are 2,1 million GBB to 1 million GB, so about double. IMO they are severely undervalued.

i think they're doomed to remain forever a curio unless there's an easier way of handling and buying and selling them. future users will not be crypto purists. they're looking for ease and utility. they'll go straight for other options that offer them that even if it's detrimental to the actual purpose.

Don't get it, if you have already aquired GB to your wallet it is an extremely simple procedure to buy some GBB.
I think the real obstacle for BlackBytes is that the way you need to back up your wallet every time you send or receive BlackBytes most people would want something much simpler where there is not back up required,not sure if it can programmatically changed in the future so not back up required when sending or receiving BlackBytes ,Tonych is a talented Dev i am sure there must something can be done about it

You can set-up a multidevice wallet, then your private informations about your Blackbytes will be replicated on multiple devices after every payments.
well the average joe would want something much simpler than that ,if you're a Dev you have to think like the average joe not like a Dev because 99% are simple not technically minded people,if you want a coin for the Devs that's another story
Altcner
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January 15, 2018, 11:29:53 PM
 #16731

In the last quarter so many new people in crypto space. And all those people get aware of byteball because of the free airdrop in march. More and more people will realise that the allts nonsense will not last forever and they will also start to invest some of their money in good projects. And in good projects there is not much choice. All those coins have only promises, byteball have working products. More and more business will start to accept byteball because of the cash back program.  I am sure 2018 is the year of byteball
Malek17
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January 15, 2018, 11:45:46 PM
 #16732

In the last quarter so many new people in crypto space. And all those people get aware of byteball because of the free airdrop in march. More and more people will realise that the allts nonsense will not last forever and they will also start to invest some of their money in good projects. And in good projects there is not much choice. All those coins have only promises, byteball have working products. More and more business will start to accept byteball because of the cash back program.  I am sure 2018 is the year of byteball
That's true but ByteBall still need few more things before it mature enough real ByteBall will start when it's decentralized and at least 95 of the coins are distributed as for now it's still about 40% of the coins are in the the hands of Dev.
Malek17
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January 16, 2018, 12:19:13 AM
 #16733

I think a few more exchanges will help with adoption too, Bittrex is a good one don't get me wrong, Binance, Kucoin, ShapeShift would be great additions.

They were on Changelly but they were delisted, I see they have delisted several other coins too... So not sure what's going on with them.
i guess better get away from Changelly,i wouldn't get near Changelly or any other related companies like Nicehash,i am sure you heard about the Nicehash hack,they stupid enough not even to require Email verification for their users that make it very easy for hackers,Nicehash-Changelly a big not for me Smiley
stclair
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January 16, 2018, 12:25:52 AM
 #16734

Could someone invite me to slack channel please?
xlcus
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January 16, 2018, 03:20:44 AM
 #16735

Where can I find the new distribution method?
Is it out?
I can't find it in the Tony's posts.

It looks like the new one will distribute the left byte via email/textcoin?
What about the Gbyte holders?
https://byteball.org/ -> conditions and timer for next Distribution

The classical distribution to Byte and BTC holder will slowly fade out:
https://bitcointalk.org/index.php?topic=1608859.msg24965637#msg24965637

The focus is shifting towards focus marketing / sponsoring:
https://bitcointalk.org/index.php?topic=1608859.msg28047149#msg28047149

Textcoin will surely be an important tool for transporting Byteball into the real world.
https://bitcointalk.org/index.php?topic=1608859.msg27855312#msg27855312

Thank you, dude, for your reply.
I will follow this and do the research by myself.

Looks the develop direction is forward. I am confident about the success of Byteball.
chenpf
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January 16, 2018, 03:57:21 AM
 #16736

tony,byteball is based on dag technology,if some coyptocurreny is based on dag technology, but it is excavated, is it possable??
sree6020
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January 16, 2018, 05:33:28 AM
 #16737

Is Transition bot down right now?

I was trying to link a BTC address and the bot is not replying back .
bonipper
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January 16, 2018, 05:38:47 AM
 #16738

Where can I find the new distribution method?
Is it out?
I can't find it in the Tony's posts.

It looks like the new one will distribute the left byte via email/textcoin?
What about the Gbyte holders?
https://byteball.org/ -> conditions and timer for next Distribution

The classical distribution to Byte and BTC holder will slowly fade out:
https://bitcointalk.org/index.php?topic=1608859.msg24965637#msg24965637

The focus is shifting towards focus marketing / sponsoring:
https://bitcointalk.org/index.php?topic=1608859.msg28047149#msg28047149

Textcoin will surely be an important tool for transporting Byteball into the real world.
https://bitcointalk.org/index.php?topic=1608859.msg27855312#msg27855312


Does that mean the new distribution method will switch to those responsible for marketing / sponsoring, and eventually exclude everyone else?
jjacob
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January 16, 2018, 06:37:28 AM
 #16739

Where can I find the new distribution method?
Is it out?
I can't find it in the Tony's posts.

It looks like the new one will distribute the left byte via email/textcoin?
What about the Gbyte holders?
https://byteball.org/ -> conditions and timer for next Distribution

The classical distribution to Byte and BTC holder will slowly fade out:
https://bitcointalk.org/index.php?topic=1608859.msg24965637#msg24965637

The focus is shifting towards focus marketing / sponsoring:
https://bitcointalk.org/index.php?topic=1608859.msg28047149#msg28047149

Textcoin will surely be an important tool for transporting Byteball into the real world.
https://bitcointalk.org/index.php?topic=1608859.msg27855312#msg27855312


Does that mean the new distribution method will switch to those responsible for marketing / sponsoring, and eventually exclude everyone else?

Nothing has been finalized yet. Tony will make an announcement soon on this.
But yes, the focus will no longer be on the airdrop because it is an expensive way to bring new users to Byteball.


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Punqtured
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January 16, 2018, 08:20:44 AM
 #16740

Where can I find the new distribution method?
Is it out?
I can't find it in the Tony's posts.

It looks like the new one will distribute the left byte via email/textcoin?
What about the Gbyte holders?
https://byteball.org/ -> conditions and timer for next Distribution

The classical distribution to Byte and BTC holder will slowly fade out:
https://bitcointalk.org/index.php?topic=1608859.msg24965637#msg24965637

The focus is shifting towards focus marketing / sponsoring:
https://bitcointalk.org/index.php?topic=1608859.msg28047149#msg28047149

Textcoin will surely be an important tool for transporting Byteball into the real world.
https://bitcointalk.org/index.php?topic=1608859.msg27855312#msg27855312


Does that mean the new distribution method will switch to those responsible for marketing / sponsoring, and eventually exclude everyone else?

Nothing has been finalized yet. Tony will make an announcement soon on this.
But yes, the focus will no longer be on the airdrop because it is an expensive way to bring new users to Byteball.
And to be frank, airdropping new bytes to existing holders only brings new users in on a very limited scale. I think the recent hand-outs at large events is a way more effective way to raise awareness of the Byteball project. This project really needs organic growth in acceptance and real world applications rather than hyped up marketing and hot air.
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