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Author Topic: BYTEBALL: Totally new consensus algorithm + private untraceable payments  (Read 1105848 times)
Somz1
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January 14, 2018, 10:26:24 AM
 #16741

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

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djpitagora
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January 14, 2018, 11:27:45 AM
 #16742

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
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January 14, 2018, 11:30:14 AM
 #16743

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.

Quote
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.

Quote
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
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January 14, 2018, 02:12:27 PM
 #16744

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 Smiley 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  Grin

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

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January 14, 2018, 02:34:07 PM
 #16745

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 Smiley 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  Grin

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

Binary trading with Byteball Bytes https://www.binaryballs.com -  Byteball payment gateway for web merchants https://byteball-for-merchants.com/ - BEEB  (Blackbytes Exchange Bot): https://www.beeb-bot.com/ - Network map, stats, Top Richests and Byteball world map at https://byteball.fr/ -
Hub operator featuring the cashback witness https://byteball-cashback-witness.com - Doubtfull Byteball fan.
ByteFan
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January 14, 2018, 02:36:02 PM
 #16746

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

Binary trading with Byteball Bytes https://www.binaryballs.com -  Byteball payment gateway for web merchants https://byteball-for-merchants.com/ - BEEB  (Blackbytes Exchange Bot): https://www.beeb-bot.com/ - Network map, stats, Top Richests and Byteball world map at https://byteball.fr/ -
Hub operator featuring the cashback witness https://byteball-cashback-witness.com - Doubtfull Byteball fan.
Malek17
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January 14, 2018, 03:51:34 PM
 #16747

Does anybody know how many Byteball addresses with a positive Balance?
ByteFan
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January 14, 2018, 05:35:14 PM
 #16748

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

35757

Binary trading with Byteball Bytes https://www.binaryballs.com -  Byteball payment gateway for web merchants https://byteball-for-merchants.com/ - BEEB  (Blackbytes Exchange Bot): https://www.beeb-bot.com/ - Network map, stats, Top Richests and Byteball world map at https://byteball.fr/ -
Hub operator featuring the cashback witness https://byteball-cashback-witness.com - Doubtfull Byteball fan.
Malek17
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January 14, 2018, 07:06:24 PM
 #16749

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
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January 14, 2018, 08:36:53 PM
 #16750

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?
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January 14, 2018, 08:52:12 PM
 #16751

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!

Join the freedom
Freefactomizer
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January 14, 2018, 09:52:20 PM
 #16752

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 Smiley 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  Grin

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.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Byteball Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
Windy_logan
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January 14, 2018, 09:56:25 PM
 #16753

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
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January 14, 2018, 10:10:55 PM
 #16754

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.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Byteball Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
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January 14, 2018, 10:24:03 PM
 #16755

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
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January 14, 2018, 10:27:22 PM
 #16756

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
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January 14, 2018, 10:33:11 PM
 #16757

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.

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January 14, 2018, 10:40:30 PM
 #16758


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?

To get your transaction confirmed, you need that a majority of witnesses post a transaction after yours. Since the witnesses also pay fees for their transactions, they need to wait that enough transactions has been posted for collecting enough fees in order to not lose money. That's why the network isn't working at full speed yet, confirmation time will become better along with number of transactions increases.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Byteball Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
xlcus
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January 15, 2018, 02:27:12 AM
 #16759

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?

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January 15, 2018, 04:33:34 AM
 #16760

Hi, I have read the whitepaper and as I can understand, the price of a byte should be approximately corresponding to the cost to store one byte of unit data in the decentralized database. So should we expect that Byteball's price will be stable and does not increase much, even decrease over time because the cost of data storage will obviously decrease over time as the technology advances?
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