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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1216755 times)
jjacob
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March 07, 2018, 11:01:48 PM
 #17701

That is equivalent to just burning the undistributed Bytes. Waiting to see if the methods proposed by Tony to actually bring in new users will be prudent. By and large, the method of distributing Bytes to those who link their real world ids seems to have failed. That doesn't mean that the other proposed methods are not worth trying out.

The ID verification system JUST started. It is by no means a failure yet.

Airdrop is not quite the same as burn. An airdrop seems more likely to crash the price, but cause a wider distribution.

An airdrop across Bitcoin and Byteball holders (as was done previously) is not the same as a burn. But Saxnot's idea was an airdrop of Bytes to the existing Byte holders. This would do nothing to widen the distribution and is similar to a burn. The only advantage could be psychological - liquidity could increase as Byte holders consider these as free dividends and might be more likely to sell them.


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Malek17
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March 08, 2018, 12:05:37 AM
Last edit: March 08, 2018, 02:31:52 AM by Malek17
 #17702

Any body here think the word Byteball is an appropriate name for the coin,people when they hear the word Balls usually think of testicles,what's the first thing you think of when you hear the word balls?
phonglouis
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March 08, 2018, 04:52:38 AM
 #17703

if i want someone to do the verifiction, i send them a textcoin with at least 8$ worth of bytes and once he verified i get 20$?
Scooby903
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March 08, 2018, 06:30:38 AM
 #17704

How to sell Blackbytes which we received with airdrop?
any markets to sell it
Sythyn
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March 08, 2018, 07:23:01 AM
 #17705

To provide long-term stimulation, team tokens were frozen up to 3 years by special smart contract with vesting schedule.
Contract address: https://etherscan.io/address/0x7052ad9bbc671804616e2280059fb3113dcd735b#code

ICO SilentNotary on Byteball https://silentnotary.com/




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Silent Notary
The 1st Blockchain Notary Company in the World
Limited seats available
ByteFan
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March 08, 2018, 07:38:53 AM
 #17706

How to sell Blackbytes which we received with airdrop?
any markets to sell it

http://beeb-bot.com

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)
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March 08, 2018, 08:00:54 AM
 #17707

To provide long-term stimulation, team tokens were frozen up to 3 years by special smart contract with vesting schedule.
Contract address: https://etherscan.io/address/0x7052ad9bbc671804616e2280059fb3113dcd735b#code

ICO SilentNotary on Byteball https://silentnotary.com/



This approach is very good on the Ethereum platform.
Will the byteball Crowdfunding Gbyte has a similar plan?
I am looking forward to SilentNotary byteball in operation!
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March 08, 2018, 10:46:35 AM
 #17708

How to sell Blackbytes which we received with airdrop?
any markets to sell it

http://beeb-bot.com

Bought some Blackbytes using this bot in-wallet, how long should I wait for the blackbytes to get to my wallet ? been a few hours now..
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March 08, 2018, 12:12:04 PM
 #17709

Hello,

This is on the site:

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.

Where can i see updated info about the distribution?
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March 08, 2018, 12:36:26 PM
 #17710

How to sell Blackbytes which we received with airdrop?
any markets to sell it

http://beeb-bot.com

Bought some Blackbytes using this bot in-wallet, how long should I wait for the blackbytes to get to my wallet ? been a few hours now..

What the main purpose of using Blackbytes for you? I have around 40 Gigs of them but   a man like me could find no use for it.
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March 08, 2018, 02:26:11 PM
 #17711

Hello,

This is on the site:

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.

Where can i see updated info about the distribution?

You may look backward on this thread. Or you can trace the posts by tony. In somewhere, he presented his idea about the next round distribution.
mishax1
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March 08, 2018, 02:39:14 PM
 #17712

How to sell Blackbytes which we received with airdrop?
any markets to sell it

http://beeb-bot.com

Bought some Blackbytes using this bot in-wallet, how long should I wait for the blackbytes to get to my wallet ? been a few hours now..

What the main purpose of using Blackbytes for you? I have around 40 Gigs of them but   a man like me could find no use for it.

Speculative investment.. what else?
BTCWagering
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March 08, 2018, 03:14:09 PM
 #17713

if i want someone to do the verifiction, i send them a textcoin with at least 8$ worth of bytes and once he verified i get 20$?

Correct, but he must use the bytes you sent him to pay for the verification. Of course new users have no bytes so you will always get the $20.

It's actually an amazing opportunity to refer people. If you can figure out a way to scale to thousands of referrals, you'll be rich in no time.

Which is why I say the referral program is good, we just need to wait for it to take off.
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March 08, 2018, 03:57:15 PM
 #17714

Hello,

This is on the site:

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.

Where can i see updated info about the distribution?

You may look backward on this thread. Or you can trace the posts by tony. In somewhere, he presented his idea about the next round distribution.

Thanks for the help!
Not taking the time to update the site with this info says a lot about the seriousness of the project though  Sad
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March 08, 2018, 04:09:56 PM
 #17715

Hello,

This is on the site:

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.

Where can i see updated info about the distribution?

You may look backward on this thread. Or you can trace the posts by tony. In somewhere, he presented his idea about the next round distribution.

Thanks for the help!
Not taking the time to update the site with this info says a lot about the seriousness of the project though  Sad

The project is very good, you need to buy tokens until they are expensive, then it will be too late.


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March 08, 2018, 11:46:53 PM
 #17716

Hello,

This is on the site:

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.

Where can i see updated info about the distribution?

You may look backward on this thread. Or you can trace the posts by tony. In somewhere, he presented his idea about the next round distribution.

Thanks for the help!
Not taking the time to update the site with this info says a lot about the seriousness of the project though  Sad
just read further on that same homepage!
it explanes all distribution details on there.
what you quoted from there was just the old distribution method.
the new ones are written somewhere above these.
being lazy on reading the homepage and then questioning the seriousness of the project... those are the right people we want in this project!
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March 09, 2018, 02:20:15 AM
 #17717

The remaining distributed gbytes hope to be distributed fairly to more people.
It also hopes that community members can participate in the formulation of distribution rules.
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March 09, 2018, 07:02:36 AM
 #17718

I think textcoins are a really powerful application, we might think about using this in the distribution methods, we could send free coins to people through the mail and recover the ones that has not been used, given a timelapse. What do you think about that?
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March 09, 2018, 09:08:40 AM
 #17719


I disagree about the March airdrop though, I consider it a PR disaster.  Also I don't see anything wrong with short term gains if thats what one wants to do with their bytes. Not what I was planning to do, I'd have HODL'D  but still I see nothing wrong with it. The whole point they would have been in circulation which is the entire point. Free market. I can speculate that many who sold might have kept byteball on their radar, and one day might have bought back in at higher prices. Whos to say?

For those with a longer term interest they now have to factor that holding for long term now means you can't count on benefiting from any of the new methods of airdrop but you can count on the supply being increased by 40%. You can't know the timeline for this though. The reasons to hold longer term appear to have diminished, that is surely hard to deny.


There is no problem with short term decision making, unless it is at the expense of long term.

People bitching and whining give no shit about Byteball's long term prospects and were in it mostly to dump on the predictable pump airdrops caused.

It would have harmed the long term success of Byteball to do another airdrop blowing many coins with little adoption to show for.


Your logic that the supply will be increased now as they no longer go to existing byteball holders is correct.

But if you use this supply profitably, ie: you give less coins to someone than the value they add to the network, the value of your bytes will go up with every transaction.

Getting tired of the false argument you and many others are continuing to make.


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March 09, 2018, 09:10:26 AM
 #17720

I think textcoins are a really powerful application, we might think about using this in the distribution methods, we could send free coins to people through the mail and recover the ones that has not been used, given a timelapse. What do you think about that?

I agreed that textcoins are a really powerful application. However, the market doesn't think so. I can check the recent price.
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