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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1157457 times)
accsell
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January 16, 2018, 08:24:02 AM
 #16741

Aha,  This project seems pretty interesting to me
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1553526572
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HybCZ
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January 16, 2018, 10:08:46 AM
 #16742

Aha,  This project seems pretty interesting to me

but it seems it is nothink for beginers Wink
MatrixMining
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January 16, 2018, 11:39:28 AM
 #16743

There is a new news article about Byteball on Coinidol: https://coinidol.com/designed-to-succeed-iota-raiblocks-and-byteball/

It basically says that Byteball will soon follow the success of IOTA and Raiblocks. I personally think that Byteball is the best one of them, so it seems quite likely that it will happen. At least I don't see any reason why Raiblocks and IOTA should spike and Byteball should stay somewhere at the bottom when it has even more features.
TimeHacker
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January 16, 2018, 12:53:13 PM
 #16744

There is a new news article about Byteball on Coinidol: https://coinidol.com/designed-to-succeed-iota-raiblocks-and-byteball/

It basically says that Byteball will soon follow the success of IOTA and Raiblocks. I personally think that Byteball is the best one of them, so it seems quite likely that it will happen. At least I don't see any reason why Raiblocks and IOTA should spike and Byteball should stay somewhere at the bottom when it has even more features.

I can only agree with this. For use by real people, not toasters and fridges, Byteball is definitely better than IOTA and offers much wider functionality. If IOTA and Raiblocks jumped up like crazy, Byteball will definitely follow.

Malek17
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January 16, 2018, 12:58:59 PM
 #16745

There is a new news article about Byteball on Coinidol: https://coinidol.com/designed-to-succeed-iota-raiblocks-and-byteball/

It basically says that Byteball will soon follow the success of IOTA and Raiblocks. I personally think that Byteball is the best one of them, so it seems quite likely that it will happen. At least I don't see any reason why Raiblocks and IOTA should spike and Byteball should stay somewhere at the bottom when it has even more features.
IOTA and Railblocks have feeless transaction that’s probably why they are more attractive to some people also the price of IOTA and Railblocks is a single digit when byteball is in the three digits most people will invest in cheaper coins even though theoretically IOTA and Railblocks are not cheap and Byteball is not expensive
cryptohunter
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January 16, 2018, 01:23:20 PM
 #16746

There is a new news article about Byteball on Coinidol: https://coinidol.com/designed-to-succeed-iota-raiblocks-and-byteball/

It basically says that Byteball will soon follow the success of IOTA and Raiblocks. I personally think that Byteball is the best one of them, so it seems quite likely that it will happen. At least I don't see any reason why Raiblocks and IOTA should spike and Byteball should stay somewhere at the bottom when it has even more features.
IOTA and Railblocks have feeless transaction that’s probably why they are more attractive to some people also the price of IOTA and Railblocks is a single digit when byteball is in the three digits most people will invest in cheaper coins even though theoretically IOTA and Railblocks are not cheap and Byteball is not expensive

the second point you are making is very valid and has been covered at length.. sadly tony disagrees with the vast majority of the community so reducing unit size is not going to happen... this is how decentralised projects operate apparently...... the problem is with even the best decentralised projects (byteball is not the best in this respect at all and maybe near the bottom of the pile) but the talent and ability to make changes is  not decentralised so in theory the success of the project is still highly centralised ... I, you, and 99.99% of people on this thread have no clue how to adapt or improve the bb code so we are at the mercy of 1 person to listen to us or do the right/wrong thing.

Although to be fair iota and raiblocks devs are top tier in skill level i think tony is their equal or even better so lets hope that alone pulls bb through in the end. Right now in comparison it is by far the best deal.

ByteFan
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January 16, 2018, 01:45:56 PM
 #16747

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

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


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

Byteball payment gateway for web merchants https://byteball-for-merchants.com/ - BEEB  (Blackbytes Exchange Bot): https://www.beeb-bot.com/ (closed)
Network map, stats, Top Richests and Byteball world map at https://byteball.fr/ (closed) - Hub operator featuring the cashback witness https://byteball-cashback-witness.com (closed)
bottacoin
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January 16, 2018, 04:04:50 PM
 #16748


*** congratulations binaryballs players !!! ***

https://binaryballs.com/common/img/last24hstats-2018-01-16.jpeg

On the last 24h, binaryballs players predictions have been really impressive : every 1 MByte played on binaryballs.com brought back an average 28% return rate

https://byteball.fr/bandeau.png

Crypto_Jay_99
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January 16, 2018, 04:48:48 PM
 #16749

Can anyone lend me a little bit of GB? I stupidly exchanged mine for GBB but now I need some GB in order to change back to GB... PM me and I'll PM you my address. I'll send back the funds once I did my trade...
Thanks!
zefir41076
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January 16, 2018, 05:31:41 PM
 #16750

There is a new news article about Byteball on Coinidol: https://coinidol.com/designed-to-succeed-iota-raiblocks-and-byteball/

It basically says that Byteball will soon follow the success of IOTA and Raiblocks. I personally think that Byteball is the best one of them, so it seems quite likely that it will happen. At least I don't see any reason why Raiblocks and IOTA should spike and Byteball should stay somewhere at the bottom when it has even more features.

I can only agree with this. For use by real people, not toasters and fridges, Byteball is definitely better than IOTA and offers much wider functionality. If IOTA and Raiblocks jumped up like crazy, Byteball will definitely follow.
I am also sure that IOTA compared with Byteball looks like a more profitable investment, but do not forget that this is in the future a huge market where there is a place worthy of competitors. Therefore, I would distribute my portfolio equally among these projects.

LoyceV
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January 16, 2018, 05:39:10 PM
 #16751

Can anyone lend me a little bit of GB? I stupidly exchanged mine for GBB but now I need some GB in order to change back to GB... PM me and I'll PM you my address. I'll send back the funds once I did my trade...
Thanks!
I've sent you a whopping 20,000 Bytes textcoin, should be enough for many Blackbyte-transactions.

Karartma1
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January 16, 2018, 06:36:06 PM
 #16752

In the red days full of altcoin blood it looks me Byteball always holds its ground. On the other hand, when the crypto world goes green Byteball does not skyrocket. But I'm pretty confident this will change. Hold on to your bytes.
My two bytes  Wink

I am not interested in preserving the status quo; I want to overthrow it. Niccolò Machiavelli
jwinterm
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January 16, 2018, 07:00:41 PM
 #16753

What's the typical size of a transaction (since the fee is equal to the size in bytes, right?)? I'm curious what kind of costs are incurred for typical single output tx.

Also, I assume it's possible to generate extremely large txs by creating many outputs, or many txs with one output. Does this mean that the cost to spam the network with 1 GB of data is currently ~$1k? Would validator nodes simply reject a 1 GB tx? Spammers could be banned by validator?
TimeHacker
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January 16, 2018, 07:03:38 PM
 #16754

There is a new news article about Byteball on Coinidol: https://coinidol.com/designed-to-succeed-iota-raiblocks-and-byteball/

It basically says that Byteball will soon follow the success of IOTA and Raiblocks. I personally think that Byteball is the best one of them, so it seems quite likely that it will happen. At least I don't see any reason why Raiblocks and IOTA should spike and Byteball should stay somewhere at the bottom when it has even more features.
IOTA and Railblocks have feeless transaction that’s probably why they are more attractive to some people also the price of IOTA and Railblocks is a single digit when byteball is in the three digits most people will invest in cheaper coins even though theoretically IOTA and Railblocks are not cheap and Byteball is not expensive

Yes, it has been discussed several times if Byteball exchange unit should be changed to MByte instead of GByte. This would make the price appear to be about $1 instead of $1000, which looks much more attractive for potential investors. I personally agree that it should be done, but some people don't... don't know if some agreement can be reached on this.

djpitagora
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January 16, 2018, 07:03:59 PM
 #16755

What's the typical size of a transaction (since the fee is equal to the size in bytes, right?)? I'm curious what kind of costs are incurred for typical single output tx.

Also, I assume it's possible to generate extremely large txs by creating many outputs, or many txs with one output. Does this mean that the cost to spam the network with 1 GB of data is currently ~$1k? Would validator nodes simply reject a 1 GB tx? Spammers could be banned by validator?

well they would have to pay 1 GB fee for a 1 GB size tx, so it's unlikely to see that kind of spam. Unlike IOTA and XRB that have literally no defense against spammers. A small fee is better then no fee.
ItsEzMkay
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January 16, 2018, 07:10:37 PM
 #16756

In the red days full of altcoin blood it looks me Byteball always holds its ground. On the other hand, when the crypto world goes green Byteball does not skyrocket. But I'm pretty confident this will change. Hold on to your bytes.
My two bytes  Wink

Basically Gbyte doesn't react when you think it should, it reacts on its own doing when it pleases which is hilarious Cheesy. I am kind of torn on the fact that marketing isn't huge here yet that also makes me like the coin too because it means no pump and dump. What does the community think is best moving forward? More marketing or keep it as is and let people find Gbyte slowly?

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jwinterm
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January 16, 2018, 07:12:10 PM
 #16757

What's the typical size of a transaction (since the fee is equal to the size in bytes, right?)? I'm curious what kind of costs are incurred for typical single output tx.

Also, I assume it's possible to generate extremely large txs by creating many outputs, or many txs with one output. Does this mean that the cost to spam the network with 1 GB of data is currently ~$1k? Would validator nodes simply reject a 1 GB tx? Spammers could be banned by validator?

well they would have to pay 1 GB fee for a 1 GB size tx, so it's unlikely to see that kind of spam. Unlike IOTA and XRB that have literally no defense against spammers. A small fee is better then no fee.

Ye verily, but I'm just curious about typical tx size, as well as validation of extremely large or extremely repetitive small txs.

Consider this, iota was an ico that raised (supposedly) 1337 BTC. If byteball started to get traction, and assuming that iota still had this BTC and claimed it in initial and subsequent airdrops, would these gbytes be more valuable to them to sell on the market (probably enough to crash it several times over) or to attach their competitor with TBs of spam.

I just am wondering how an attack like this would be handled by the network and validators, since, especially at this point the network is quite centralized.
Mrnat
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January 17, 2018, 05:09:50 AM
 #16758

tonich, i had bitcoin in bittrex account before month of november, how could i be able to proclaim gbyte? im so mad with these shitty exchanges as they steal one in so many ways.... i almost feel theres no way to be able to prove that i had, unless you would accept to see my orders history, would that work?
Hopefully it will as i got so much raped by Bittrex is unbelievable
Thanks for your time to answer bro

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codemanX
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January 17, 2018, 07:13:17 AM
 #16759

tonich, i had bitcoin in bittrex account before month of november, how could i be able to proclaim gbyte? im so mad with these shitty exchanges as they steal one in so many ways.... i almost feel theres no way to be able to prove that i had, unless you would accept to see my orders history, would that work?
Hopefully it will as i got so much raped by Bittrex is unbelievable
Thanks for your time to answer bro

That will not work, we all didn't get Bytes just because of BTC Balance, we had to Link our BTC-Wallet to our Byteball-Wallet, that's impossible if you had your BTC on an exchange at the time of the Airdrop. Further the drop is long ago, so I wonder why you expect to get anything.

You can't blame Bittrex in this case, it's simple your fault!
Karartma1
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January 17, 2018, 07:45:52 AM
 #16760

If you can't read those very clear information in page 1 about how the current Byteball distribution / airdrop works well you can not really blame anyone but yourself if you don't get it.
On a different note, I'm happy to see byteball is holding its ground. Good sign if you ask me  Smiley

I am not interested in preserving the status quo; I want to overthrow it. Niccolò Machiavelli
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