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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1230656 times)
codemanX
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February 15, 2018, 12:12:59 PM
 #17221

I am a little bit confused about the next distribution. First I thought there will be an upcoming full moon distribution on March. Then I read a blog article on Byteball Medium blog which says there will be distribution only for new and existing Byteball accounts which do a verification. What information is correct? Or are both correct?

Both are correct.

There will be distribution on 2th march. If you verify your identity and hold until then, you will receive a 10% extra bytes.

This will be probably the last airdrop.

Where is the announcement of these extra 10% Bytes for KYC, I can't find anything about it on Medium ot the Byteball website? That means I have to do this Jumio KYC thing if I want the extra Bytes? I thought that's only for Referral rewards.  Huh
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ByteFan
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February 15, 2018, 02:31:16 PM
Merited by jjacob (2), EcuaMobi (1)
 #17222

Byteball stress test article on Medium

https://medium.com/@prat486/byteball-main-net-under-stress-test-c131ba85b72b
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February 15, 2018, 03:13:32 PM
 #17223


Very good job! By the way, the table which compares performance of different blockchains is wrong in your article. Graphene, on top of which steem is built, is able to handle thousands of tps, and at least several other blockchains too (https://steemit.com/cryptocurrency/@cyberblock/top-9-market-cap-blockchains-ranked-in-order-by-transaction-speed-lets-see-where-steem-fits-in). Also, graphene transactions are confirmed in few seconds. This makes byteball to look very poor in comparison.   Performance and scalability of byteball should definitely be addressed.
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February 15, 2018, 04:10:37 PM
Last edit: February 15, 2018, 06:16:33 PM by ByteFan
 #17224


Very good job! By the way, the table which compares performance of different blockchains is wrong in your article. Graphene, on top of which steem is built, is able to handle thousands of tps, and at least several other blockchains too (https://steemit.com/cryptocurrency/@cyberblock/top-9-market-cap-blockchains-ranked-in-order-by-transaction-speed-lets-see-where-steem-fits-in). Also, graphene transactions are confirmed in few seconds. This makes byteball to look very poor in comparison.   Performance and scalability of byteball should definitely be addressed.


I am ready to amend my article but I would like others third party figures. Can others guys can make comment about effective tps on *LIVE WORKING* networks. Thx.
Also the article is open for comments on Medium.
kola-schaar
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February 15, 2018, 07:19:03 PM
Merited by ByteFan (10)
 #17225


Very good job! By the way, the table which compares performance of different blockchains is wrong in your article. Graphene, on top of which steem is built, is able to handle thousands of tps, and at least several other blockchains too (https://steemit.com/cryptocurrency/@cyberblock/top-9-market-cap-blockchains-ranked-in-order-by-transaction-speed-lets-see-where-steem-fits-in). Also, graphene transactions are confirmed in few seconds. This makes byteball to look very poor in comparison.   Performance and scalability of byteball should definitely be addressed.


I am ready to amend my article but I would like others third party figures. Can others guys can make comment about effective tps on *LIVE WORKING* networks. Thx.
Also the article is open for comments on Medium.
THX, excellent work should be rewarded  Smiley  - peering code for donation needed..
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February 15, 2018, 09:48:53 PM
 #17226

I should have exchanged my GBYTE over the exchange bots we have on the wallet. I should have never used cryptopia in the first place. I think we should start being more supportive over those dex we have on byteball

Isn't the bot on the Byteball wallet use Changelly to actually effect the exchange? If that is the case, I am not sure it will still work. Changelly seems to have removed support for Byteball.
The fee of 0.75% for the bots also has a damping effect, given that exchanges charge almost negligible fees.


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tonych (OP)
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February 15, 2018, 10:47:47 PM
 #17227

Meet new ICO on BB Platform.

https://silentnotary.com/

SilentNotary is a digital notary that saves and certifies documents, emails, chats, and audio/video recordings.  The authenticity of these records will be ensured by posting them both to Ethereum blockchain and Byteball DAG.  The ICO is active until 15 March 2018.  Find "SilentNotary ICO" bot in the Bot Store, you can buy SNTR tokens with Bytes, BTC, or Ether.


Simplicity is beauty
SHBlizzard
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February 16, 2018, 03:30:39 AM
 #17228

Meet new ICO on BB Platform.
...

...  Find "SilentNotary ICO" bot in the Bot Store, you can buy SNTR tokens with Bytes, BTC, or Ether.


 I can't find the new bot in the Bot store. Is it only me?



could be wrong about this, but maybe you need to do ID Verification first?
I haven't tried yet. but here is from the SNTR website

Open your ByteBall Wallet
Go to Chat  Bot Store  SilentNotary ICO
Start chat with the SilentNotary ICO bot  Send the required amout of GBYTES, BTC, ETH to buy SilentNotary tokens
Get your SilentNotary tokens instantly

https://silentnotary.com/mobile.html

⚪ 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
ANN THREAD                  TELEGRAM                     TWITTER                  MEDIUM                  SLACK                  REDDIT
SHBlizzard
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February 16, 2018, 04:38:31 AM
 #17229

Meet new ICO on BB Platform.
...

...  Find "SilentNotary ICO" bot in the Bot Store, you can buy SNTR tokens with Bytes, BTC, or Ether.


 I can't find the new bot in the Bot store. Is it only me?



could be wrong about this, but maybe you need to do ID Verification first?
I haven't tried yet. but here is from the SNTR website

Open your ByteBall Wallet
Go to Chat  Bot Store  SilentNotary ICO
Start chat with the SilentNotary ICO bot  Send the required amout of GBYTES, BTC, ETH to buy SilentNotary tokens
Get your SilentNotary tokens instantly

https://silentnotary.com/mobile.html

I am verified with Jumio.  The SilentNotary ICO bot is not listed on my Bot Store  Huh

weird, it is on mine, scroll all the way to the bottom of the bot store

⚪ 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
ANN THREAD                  TELEGRAM                     TWITTER                  MEDIUM                  SLACK                  REDDIT
Freefactomizer
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February 16, 2018, 05:18:12 AM
 #17230

Meet new ICO on BB Platform.
...

...  Find "SilentNotary ICO" bot in the Bot Store, you can buy SNTR tokens with Bytes, BTC, or Ether.


 I can't find the new bot in the Bot store. Is it only me?



could be wrong about this, but maybe you need to do ID Verification first?
I haven't tried yet. but here is from the SNTR website

Open your ByteBall Wallet
Go to Chat  Bot Store  SilentNotary ICO
Start chat with the SilentNotary ICO bot  Send the required amout of GBYTES, BTC, ETH to buy SilentNotary tokens
Get your SilentNotary tokens instantly

https://silentnotary.com/mobile.html

I am verified with Jumio.  The SilentNotary ICO bot is not listed on my Bot Store  Huh

If you use an alternative hub, you might have to wait that its operator applies the update.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
ByteFan
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February 16, 2018, 05:38:56 AM
 #17231

Meet new ICO on BB Platform.
...

...  Find "SilentNotary ICO" bot in the Bot Store, you can buy SNTR tokens with Bytes, BTC, or Ether.


 I can't find the new bot in the Bot store. Is it only me?



could be wrong about this, but maybe you need to do ID Verification first?
I haven't tried yet. but here is from the SNTR website

Open your ByteBall Wallet
Go to Chat  Bot Store  SilentNotary ICO
Start chat with the SilentNotary ICO bot  Send the required amout of GBYTES, BTC, ETH to buy SilentNotary tokens
Get your SilentNotary tokens instantly

https://silentnotary.com/mobile.html

I am verified with Jumio.  The SilentNotary ICO bot is not listed on my Bot Store  Huh

If you use an alternative hub, you might have to wait that its operator applies the update.

I am waiting Tonych releases the pairing code to the bot to push it on byteball.fr hub.
ByteFan
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February 16, 2018, 05:40:58 AM
 #17232


Very good job! By the way, the table which compares performance of different blockchains is wrong in your article. Graphene, on top of which steem is built, is able to handle thousands of tps, and at least several other blockchains too (https://steemit.com/cryptocurrency/@cyberblock/top-9-market-cap-blockchains-ranked-in-order-by-transaction-speed-lets-see-where-steem-fits-in). Also, graphene transactions are confirmed in few seconds. This makes byteball to look very poor in comparison.   Performance and scalability of byteball should definitely be addressed.


I am ready to amend my article but I would like others third party figures. Can others guys can make comment about effective tps on *LIVE WORKING* networks. Thx.
Also the article is open for comments on Medium.
THX, excellent work should be rewarded  Smiley  - peering code for donation needed..

Thank you. Feel welcome to push a donation to any of the donation addresses mentioned in the paper:

To show your support consider an anonymous donationby by throwing:
a few GBytes at VXPRGNFBEWXTA7LH7CB23TIDP2NXO3AZ
or a few BTCs at 1292iSvBFXMHWbEdjCZyMMBcgufRLj9NEp
or a few BCHs at qqx8ecnlfzcpzjht7k5hkld6kj3242cwwg2tjf22qz
or a few ETHs at 0x5b5963a4F62CED34cBE22Ab85fAa1DB1FaCE2665

 
luluvic
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February 16, 2018, 08:31:08 AM
 #17233

 I am very excited for ByteBall, listened to interviews with Tony. I like he is very straight forward and open about his vision, especially how he was talking about existing TCP/IP being 40-50 years old.
Jedgar
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February 16, 2018, 08:48:20 AM
 #17234

Meet new ICO on BB Platform.

https://silentnotary.com/

SilentNotary is a digital notary that saves and certifies documents, emails, chats, and audio/video recordings.  The authenticity of these records will be ensured by posting them both to Ethereum blockchain and Byteball DAG.  The ICO is active until 15 March 2018.  Find "SilentNotary ICO" bot in the Bot Store, you can buy SNTR tokens with Bytes, BTC, or Ether.



You have done a fair job. Hope ICO trend will push demand for Gbytes higher and and hopefully the price of coin.
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February 16, 2018, 12:27:46 PM
Last edit: February 16, 2018, 07:52:18 PM by barborrico
 #17235


I am holding Gbytes since a very beginning but don't want to expose myself and verify identity. Will I receive?

Where is the announcement of these extra 10% Bytes for KYC, I can't find anything about it on Medium ot the Byteball website? That means I have to do this Jumio KYC thing if I want the extra Bytes? I thought that's only for Referral rewards.  Huh

From https://byteball.org/:

Quote
Part of the Bytes will be distributed as cashback for purchases at the merchant stores we partner with. In most cases, the offered cashback is 10% of the purchase amount. Fill out the application form or contact us if you run a store or a payment processor and want to be part of the cashback program.

Another part of the distribution is split into multiple rounds and in each round holders of BTC and Bytes are rewarded. The amounts you receive are proportional to your proven balances in BTC and Bytes on the distribution date, these are the rules for the November round:

For every 16 BTC you receive 0.1 GB (1 gigabyte = 1 billion bytes),
For every 1 GB you receive additional 0.1 GB.
To prove your balances, install the wallet and chat with the Transition Bot (you find it in the Bot Store in the wallet). The bot will help you link your Bitcoin and Byteball addresses by making a micropayment or signing a message.

You also receive blackbytes in proportion to your linked BTC balance and your balance in Bytes on the linked Byteball address.

The first distribution round took place on Dec 25, 2016 when the network launched, over 70,000 BTC was linked, and 10% of the total supply of bytes and blackbytes was distributed. In the subsequent rounds, the total distributed supply reached 64.5%:

2nd round on Feb 11, 2017: 121,763 BTC linked, 1.8% distributed;
3rd round on Mar 12, 2017: 129,139 BTC linked, 2.0% distributed;
4th round on Apr 11, 2017: 145,441 BTC linked, 2.3% distributed;
5th round on May 10, 2017: 207,672 BTC linked, 2.9% distributed;
6th round on Jun 9, 2017: 453,621 BTC linked, 6.6% distributed;
7th round on Jul 9, 2017: 949,004 BTC linked, 11.0% distributed.
8th round on Aug 7, 2017: 1,395,899 BTC linked, 16.0% distributed.
9th round on Sep 6, 2017: 1,306,573 BTC linked, 5.7% distributed.
10th round on Nov 4, 2017: 1,093,155 BTC linked, 6.1% distributed.
The 11th round is tentatively scheduled for the full moon of March (Mar 2, 2018 at 00:51 UTC). The balances will be snapshotted at the time of the first Bitcoin block after this date, and rules for this round are as indicated above. Depending on the progress of other distribution methods, this round can be postponed or even canceled.

If you hold, you will receive 10%. No matter if your address is attested or not.
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February 16, 2018, 02:13:46 PM
 #17236

a fair good job!

I don't understand. The performance of Gbyte is not as good as expected, though it looks better than btc.
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February 16, 2018, 07:19:29 PM
 #17237

a fair good job!

I don't understand. The performance of Gbyte is not as good as expected, though it looks better than btc.

This test discovered the tps limits under the current network infrastructure. There is no the protocol or architectural limit though and when necessary the team will be able to increase the tps limit. The team is very practical and hasn't made "showcasing" tps a priority, otherwise a few zeros could be added to the results.   

Here's a good section of Tony talking about current tps status.

https://youtu.be/tB0AUpiF9B4?t=18m5s
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February 16, 2018, 07:35:02 PM
 #17238

Announcing Byteball +2 mutations brute force attack scenario.

https://medium.com/@prat486/byteball-2-mutations-brute-force-attack-29fc1f49c654
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February 16, 2018, 07:37:31 PM
 #17239

I am disappointed by the byteball, after a very attractive airdrop to bitcoin holders and attracted a lot attentions, the byteball reverse its course for airdrop. This serious damages the credibility of the coin and caused a lot dump. Hope it will be back to its course an establish a better credibility.

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February 16, 2018, 09:19:45 PM
 #17240

Why you are disappointed? Attractive airdrop to bitcoin holders was a good thing but we see that many people sell the airdropped coins very fast and dump the price. Now searching Tony for another distribution to make the userbase bigger. This is good for a stable price and the credibility from Byteball or from Tony was never the question. Stay strong and Hodl, Byteball is IMHO one of the undervalued coins in the market.
But you are right, it is nothing for fast and easy free money  Wink

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