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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1236286 times)
julian071
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February 09, 2018, 03:10:22 PM
 #17121

A person's reaction to the Jumio issue may depend on whether they have already encountered Jumio. For example, anyone who has a verified account on Bittrex or Uphold has already taken the plunge and given Jumio their identity details. Like some other commenters, I find the notion of centralized ID-proving to be at odds with the goals of crypto. It's a process that is easily exploited by would-be totalitarian entities. However, it has become a fact of modern life. Whether it will become "normal for everyone" or be "rejected by the masses" remains to be seen.

You may know the name John Perry Barlow, who died yesterday. He spent much of his life trying to keep Big Brother's hands off the Net. "Barlow’s lasting legacy is that he devoted his life to making the Internet into “a world that all may enter without privilege or prejudice accorded by race, economic power, military force, or station of birth . . . a world where anyone, anywhere may express his or her beliefs, no matter how singular, without fear of being coerced into silence or conformity.”"

https://www.eff.org/deeplinks/2018/02/john-perry-barlow-internet-pioneer-1947-2018

Yet here we are.

I can see both sides of the Jumio issue. Tony's (and Jumio's) notion of proving identity to strangers without giving them identity details has some appeal, but it requires a trusted third party (Jumio, in this case) which can potentially leak or be hacked. So far, I'm not persuaded to link any Byteball account(s) I may or may not have with Jumio, but I'm watching with interest.              Smiley


Good points.

Identifying is voluntary and should stay that way. It's useful for people who want to interact with companies that require to know (certain aspects of) the identity of their customers, for whatever reason (could be legal, e.g. in the case of ICO's).

I agree tho that the fundamental strength of crypto is it's total independance of any regulatory agency.

Still there will be points where this free world and the regulated world meet. I for one have no issue with interacting with regulated entities (like Bittrex, where I have a verified account), so I welcome this option.

=P
bobq
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February 09, 2018, 06:55:32 PM
 #17122

A person's reaction to the Jumio issue may depend on whether they have already encountered Jumio. For example, anyone who has a verified account on Bittrex or Uphold has already taken the plunge and given Jumio their identity details. Like some other commenters, I find the notion of centralized ID-proving to be at odds with the goals of crypto. It's a process that is easily exploited by would-be totalitarian entities. However, it has become a fact of modern life. Whether it will become "normal for everyone" or be "rejected by the masses" remains to be seen.

You may know the name John Perry Barlow, who died yesterday. He spent much of his life trying to keep Big Brother's hands off the Net. "Barlow’s lasting legacy is that he devoted his life to making the Internet into “a world that all may enter without privilege or prejudice accorded by race, economic power, military force, or station of birth . . . a world where anyone, anywhere may express his or her beliefs, no matter how singular, without fear of being coerced into silence or conformity.”"

https://www.eff.org/deeplinks/2018/02/john-perry-barlow-internet-pioneer-1947-2018

Yet here we are.

I can see both sides of the Jumio issue. Tony's (and Jumio's) notion of proving identity to strangers without giving them identity details has some appeal, but it requires a trusted third party (Jumio, in this case) which can potentially leak or be hacked. So far, I'm not persuaded to link any Byteball account(s) I may or may not have with Jumio, but I'm watching with interest.              Smiley


I'm having a similar position on the issue. I am not totally against of handling of my data to a reliable part for reasons of identification which could benefit ME in the future. I cannot see as a problem the fact that ONE of my Byteball addresses would be linked to my person, since I would never use it except in very specific cases in which I NEED to prove to be me. However, I am also not in a hurry to hand over my data until it is clear which convenience I have - the few dollars are not really such a compelling reason, especially for someone who already has a lot of Gigabytes. Moreover, if the Jumio procedure is likely to fail for technical problems, as so many have already reported, a fact which would make you even lose money, then you understand why only a couple od hundreds of people have successfuly gone though the process so far.

BTCWagering
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February 09, 2018, 10:17:56 PM
 #17123

Cryptopia has been locking GBYTE for at least 2 months now.

Today I filed a 2nd ticket demanding that they release users' GBYTE.

I encourage you to do the same.

Stealing the time value of money is one thing, but if we get to the March distro and Cryptopia is still locking users' funds, it will be a massive financial crime. (Yes I know exchanges are scummy and steal from users all the time).
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February 09, 2018, 10:31:06 PM
 #17124

I would phrase it otherwise but the lockup (and market freeze) at Cryptopia is indeed becoming rather unfortunate.

BitcoinArsenal
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February 09, 2018, 11:19:59 PM
 #17125

Is there an easy way to convert BlackByteballs into Byteballs? I read about a bot directly in the client which let someone convert B to BB. But I could not find a tutorial how I do it. Any help on this?
afbitcoins
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February 10, 2018, 12:26:53 AM
 #17126

Cryptopia has been locking GBYTE for at least 2 months now.

Today I filed a 2nd ticket demanding that they release users' GBYTE.

I encourage you to do the same.

Stealing the time value of money is one thing, but if we get to the March distro and Cryptopia is still locking users' funds, it will be a massive financial crime. (Yes I know exchanges are scummy and steal from users all the time).

Rule number one. Never trust an exchange as a safe place to store coins.
Rule number two. See rule number one. 
sailthor
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February 10, 2018, 12:41:53 AM
 #17127

Cryptopia has been locking GBYTE for at least 2 months now.

Today I filed a 2nd ticket demanding that they release users' GBYTE.

I encourage you to do the same.

Stealing the time value of money is one thing, but if we get to the March distro and Cryptopia is still locking users' funds, it will be a massive financial crime. (Yes I know exchanges are scummy and steal from users all the time).

Rule number one. Never trust an exchange as a safe place to store coins.
Rule number two. See rule number one. 
What if I wanted to purchase some GBYTE and Cryptopia doesn't let me withdraw. Tony really needs to begin sorting out exchange issues. The only reliable one we have is Bittrex and they are closed to newcomers.

sprinkles
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February 10, 2018, 01:15:40 AM
 #17128

Cryptopia has been locking GBYTE for at least 2 months now.

Today I filed a 2nd ticket demanding that they release users' GBYTE.

I encourage you to do the same.

Stealing the time value of money is one thing, but if we get to the March distro and Cryptopia is still locking users' funds, it will be a massive financial crime. (Yes I know exchanges are scummy and steal from users all the time).

Rule number one. Never trust an exchange as a safe place to store coins.
Rule number two. See rule number one. 
What if I wanted to purchase some GBYTE and Cryptopia doesn't let me withdraw. Tony really needs to begin sorting out exchange issues. The only reliable one we have is Bittrex and they are closed to newcomers.

Yes, this has been dragging on far too long. Will also raise a ticket.

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byteball3r
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February 10, 2018, 01:28:14 AM
 #17129

Many people would like to see a name change so Byteball will be interesting to a broader audience of potential users. You can informally vote here (follow link in text post): https://www.reddit.com/r/ByteBall/comments/7we36c/should_the_byteball_name_be_changed_please_vote/
Zeneize
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February 10, 2018, 01:52:51 AM
 #17130

Quite an interesting idea of the project GBYTE itself, but on the principle of how they started and how high the price was before - I do not think that I will be able to return to the previous level

Unless a coin dies, which of course can happen, or history proves that at some point, sooner or later, limited supply and rising user base leads every coin to reach its ATH again. And Byteball is a very good coin, unique and for sure won't die. So...

⚪ Byteball          I T   J U S T   W O R K S .   
Sending Crypto to Email   -   Risk-Free Conditional Smart Payments   -   ICO Platform with KYC
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ByteFan
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February 10, 2018, 05:10:20 AM
 #17131

Is there an easy way to convert BlackByteballs into Byteballs? I read about a bot directly in the client which let someone convert B to BB. But I could not find a tutorial how I do it. Any help on this?

http://www.beeb-bot.com/help.php
jjacob
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February 10, 2018, 07:34:04 AM
 #17132

Cryptopia has been locking GBYTE for at least 2 months now.

Today I filed a 2nd ticket demanding that they release users' GBYTE.

I encourage you to do the same.

Stealing the time value of money is one thing, but if we get to the March distro and Cryptopia is still locking users' funds, it will be a massive financial crime. (Yes I know exchanges are scummy and steal from users all the time).

This is really worrying. If you fail to withdraw your coins in time for the airdrop and the exchange gets the airdrop, they might still find an excuse to retain your coins. But if they prevent you from withdrawing your coins in time for the airdrop, I would call that an outright scam.


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julian071
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February 10, 2018, 01:25:53 PM
Last edit: February 10, 2018, 01:38:07 PM by julian071
 #17133

Cryptopia has been locking GBYTE for at least 2 months now.

Today I filed a 2nd ticket demanding that they release users' GBYTE.

I encourage you to do the same.

Stealing the time value of money is one thing, but if we get to the March distro and Cryptopia is still locking users' funds, it will be a massive financial crime. (Yes I know exchanges are scummy and steal from users all the time).

This is really worrying. If you fail to withdraw your coins in time for the airdrop and the exchange gets the airdrop, they might still find an excuse to retain your coins. But if they prevent you from withdrawing your coins in time for the airdrop, I would call that an outright scam.

IF there is another airdrop (which I doubt there will be, at least in that form), the exchange's Byteball-address will be excluded. So as the exchange has nothing to gain, calling it a scam is not correct. It's just negligence. Extremely stupid, because the reputation of an exchange is all important. I for one will never ever do business there again. Luckily I don't have any coins there anymore.

Edit: also opened a ticket there to help out.

=P
BTCWagering
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February 10, 2018, 05:19:48 PM
 #17134

IF there is another airdrop (which I doubt there will be, at least in that form), the exchange's Byteball-address will be excluded. So as the exchange has nothing to gain, calling it a scam is not correct. It's just negligence. Extremely stupid, because the reputation of an exchange is all important. I for one will never ever do business there again. Luckily I don't have any coins there anymore.

Edit: also opened a ticket there to help out.

Thanks for opening a ticket.

Each user on Cryptopia has their own Byteball deposit address. So in order to exclude them, Byteball would need a list of all of those addresses, or some successful investigative work to figure out exactly what those addresses are.

Also, exchanges have not been excluded from airdrops in the past, afaik.

In any case, stealing the time value of money IS a scam. Byteball is not an obscure coin or a coin with tech problems.

Exchanges are making money hand over fist, and yet they do everything possible to STEAL more. It's the height of greed and evil really.
Cent21
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February 10, 2018, 06:12:45 PM
 #17135

Is there an easy way to convert BlackByteballs into Byteballs? I read about a bot directly in the client which let someone convert B to BB. But I could not find a tutorial how I do it. Any help on this?

http://www.beeb-bot.com/help.php

I'm unable to send BB there, using android wallet. It says "sending...." for a few minutes than it says "syncing...." forever, and nothing happen.

Any advice?

Thanks
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February 10, 2018, 06:53:22 PM
 #17136

Hi, I own a discord server for discussing DAG coins. Every DAG is listed and has its own channel.

https://discord.gg/auFsMSD.

Feel free to join us ! See ya.  Wink
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February 10, 2018, 06:55:45 PM
Merited by ByteFan (1)
 #17137

Each user on Cryptopia has their own Byteball deposit address. So in order to exclude them, Byteball would need a list of all of those addresses, or some successful investigative work to figure out exactly what those addresses are.
Airdrops to deposit addresses end up in your account. I've seen it happen on Bittrex too (although later Bittrex started consolidating funds into their own address to make sure they get it instead of the customer).

¡uʍop ǝpᴉsdn pɐǝɥ ɹnoʎ ɥʇᴉʍ ʎuunɟ ʞool no⅄
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February 11, 2018, 12:18:34 AM
 #17138

Airdrops to deposit addresses end up in your account. I've seen it happen on Bittrex too (although later Bittrex started consolidating funds into their own address to make sure they get it instead of the customer).

Users' deposit addresses are under the control of the exchange. They can and will do whatever they want with them, and as you mentioned, they will change their policy at any time.

Summary: Please file a ticket with Cryptopia demanding that they re-enable GBYTE withdrawals. The distro is less than 3 weeks away and they have been locking GBYTE for at least 2 months.
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February 11, 2018, 07:15:20 AM
 #17139

Stress test N°2 is scheduled  tuesday Feb 13th at 10 am UTC

During this second test - instead of sending a bunch of posts to the DAG and see how it digests it - I will send a flow of posts at a continuous rate and will compare at the end with the effective rate they are handled by the DAG. The goal of this new test is to get tx rate figures under sustainable posts conditions. This is closer to normal usage of the network where many users send posts in a continuous flow.
We will also log the confirmation time.

See you in front of the explorer!
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February 11, 2018, 06:08:09 PM
 #17140

read the post about problems with the synchronization of the wallet. I also had similar problems
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