Obyte: Totally new consensus algorithm + private untraceable payments

[Hadrop.Boyle]

technical question, my wallet, latest version is syncing very very slow. are they any known problems?

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[CryptKeeper]

Use our textcoin feature to send Bytes via WhatsApp, even if the recipient does not yet have a Byteball address




Please retweet https://twitter.com/byteballorg/status/974009242486177792?s=21

[gildinglite]

Who cares about the airdrop, this tech is DOPE and so young and will be around long after the pretender projects die off.

Adding big positions on days of these very dumb dumps.

[HCP]

I had the BTC - Byteball exchange bot "ignore" my deposit because it was "too small".  Admittedly, it wasn't a lot, but it was in the ballpark of 20USD at the time of the deposit.  The message was just "Received your payment of 0.059 GB it is too small to be exchanged, will be ignored.".

This bot has a buyer beware and explicitly says not to deposit the amount you deposited. So I'd have to respectfully say that there's only one place to put the blame if you don't get refunded.

Actually... it doesn't say that at all... what it actually says is:

We'll exchange as much as you pay, but the maximum amount is 1 GB, minimum is 0.002 BTC worth.

Which in my opinion is a little misleading... having maximum as BYTEs and minimum as BTC  

It is perfectly reasonable to expect someone to read that as Max is 1 GB... min is 0.002... user sends 0.059 GB... starts wondering why their deposit is too small when minimum is 0.002. Yes, the user should probably be more careful and read things properly, but still... this is just setting people up to fail and that's just not good UI/UX.

Also, given that the rates are constantly changing... specifying a fixed minimum in the converted unit is a terrible idea!

[scambust]

Who cares about the airdrop, this tech is DOPE and so young and will be around long after the pretender projects die off.

Adding big positions on days of these very dumb dumps.

Since most of the Byteball holders received their stack for free after so many months. Their hands are probably the most weak. They are probably dumping Bitcoin along with the free GBBYTE they got as we speak. Best to add positions after the carnage is over.

[CryptKeeper]

Pre-Announcement

Byteball is in the process of establishing a legal entity in Switzerland/Lichtenstein. This is aimed at bringing marketing and business development to a new level. Consequently, to grow strategically we need a budget enabling us to make short term and medium term plans. We need to hedge against volatility and work in fiat. Byteball is following the best practices in the crypto market.

[Sythyn]

SilentNotary Ethereum token sale starts today!
Crowdsale will be opened at 21:00 UTC 15.03.2018

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

[EnViRoNmEnT]

Pre-Announcement

Byteball is in the process of establishing a legal entity in Switzerland/Lichtenstein. This is aimed at bringing marketing and business development to a new level. Consequently, to grow strategically we need a budget enabling us to make short term and medium term plans. We need to hedge against volatility and work in fiat. Byteball is following the best practices in the crypto market.

Mhh this sounds interesting. Was quite disappointed in the last weeks, because of the progress of this project but maybe Byteball will change tack. I really hope so

[Kalamsid]

There are 3 full time developers and there are developers who are actively working on projects that will work exclusively on the Byteball platform.

Who are the other Devs?

I don't see their names in public forums and don't intend to be the first person to name names... but if you look at Tony's contributions and commits on github and see what has been built in the last year it's self evident he's not working alone.

Are they famous?

[CryptKeeper]

Please visit our improved Byteball wiki at https://wiki.byteball.org

     

Please retweet https://twitter.com/slackjore/status/974331242727559169?s=21

[Hhugh]

I had the BTC - Byteball exchange bot "ignore" my deposit because it was "too small".  Admittedly, it wasn't a lot, but it was in the ballpark of 20USD at the time of the deposit.  The message was just "Received your payment of 0.059 GB it is too small to be exchanged, will be ignored.".

This bot has a buyer beware and explicitly says not to deposit the amount you deposited. So I'd have to respectfully say that there's only one place to put the blame if you don't get refunded.

Actually... it doesn't say that at all... what it actually says is:

We'll exchange as much as you pay, but the maximum amount is 1 GB, minimum is 0.002 BTC worth.

Which in my opinion is a little misleading... having maximum as BYTEs and minimum as BTC  

It is perfectly reasonable to expect someone to read that as Max is 1 GB... min is 0.002... user sends 0.059 GB... starts wondering why their deposit is too small when minimum is 0.002. Yes, the user should probably be more careful and read things properly, but still... this is just setting people up to fail and that's just not good UI/UX.

Also, given that the rates are constantly changing... specifying a fixed minimum in the converted unit is a terrible idea!

I misread... my apologies

[Cent21]

I didn't receive my bb from beeb bot. Tried the resend id procedure, but it says "No such batch can be resent."

Batch number is 4437.

What should i do?

[naska21]

Pre-Announcement

Byteball is in the process of establishing a legal entity in Switzerland/Lichtenstein. This is aimed at bringing marketing and business development to a new level. Consequently, to grow strategically we need a budget enabling us to make short term and medium term plans. We need to hedge against volatility and work in fiat. Byteball is following the best practices in the crypto market.

In very doubt of this. To become  legal financilal entitity the relevant financial regulations and rules should be amended accordingly, subject to prior review by both  National Council and  Federal Assembly of Switzerland.

[atlas21]

This is an interesting blogpost from Dan Hughes (the lead developer of Radix) writing about why DAG coins (like Byteball) will not scale.

https://www.radixdlt.com/post/dags-dont-scale-without-centralization

Byteball is named in only one sentence and it concludes that Byteball (and Iota) are not very censorship resistant.

"At present, the only way for a DAG to guarantee against double spending and 34% attacks is with the aid of a centralized authority. Byteball, another DAG, has 12 ‘Witness Nodes’ and IOTA has ‘The Coordinator’. These tools mean that the networks are not censorship resistant and that, should the centralized authority be compromised, the network would be vulnerable to an attack from the centralized state itself."

Tonych could you enlighten us about this vulnerability about being censhorship resistance?

[Hhugh]

This is an interesting blogpost from Dan Hughes (the lead developer of Radix) writing about why DAG coins (like Byteball) will not scale.

https://www.radixdlt.com/post/dags-dont-scale-without-centralization

Byteball is named in only one sentence and it concludes that Byteball (and Iota) are not very censorship resistant.

"At present, the only way for a DAG to guarantee against double spending and 34% attacks is with the aid of a centralized authority. Byteball, another DAG, has 12 ‘Witness Nodes’ and IOTA has ‘The Coordinator’. These tools mean that the networks are not censorship resistant and that, should the centralized authority be compromised, the network would be vulnerable to an attack from the centralized state itself."

Tonych could you enlighten us about this vulnerability about being censhorship resistance?

#16 in the whitepaper https://byteball.org/Byteball.pdf

I don't think that conclusion is being made with a full understanding of the platform.

[ByteFan]

I didn't receive my bb from beeb bot. Tried the resend id procedure, but it says "No such batch can be resent."

Batch number is 4437.

What should i do?

We are still investigating with Tony why Blackbytes delivery is so delayed. I see you have received your Blackbytes in the meantime.

Thank you for using BEEB!

[pineapple express]

This is an interesting blogpost from Dan Hughes (the lead developer of Radix) writing about why DAG coins (like Byteball) will not scale.

https://www.radixdlt.com/post/dags-dont-scale-without-centralization

Byteball is named in only one sentence and it concludes that Byteball (and Iota) are not very censorship resistant.

"At present, the only way for a DAG to guarantee against double spending and 34% attacks is with the aid of a centralized authority. Byteball, another DAG, has 12 ‘Witness Nodes’ and IOTA has ‘The Coordinator’. These tools mean that the networks are not censorship resistant and that, should the centralized authority be compromised, the network would be vulnerable to an attack from the centralized state itself."

Tonych could you enlighten us about this vulnerability about being censhorship resistance?

#16 in the whitepaper https://byteball.org/Byteball.pdf

I don't think that conclusion is being made with a full understanding of the platform.

16. Censorship...... Only the majority of witnesses can effectively impose forbidden content rules – if users choose such witnesses

government is able to put pressure on public witnesses. And they will simply refuse to be witnesses. In this case it will be almost impossible to find a suitable replacement for them

[zazarb]

It's painful to look like a coin loses its value at such pace 50% per week?) is it already floor? or will we go down until it becomes worthless?

[CryptKeeper]

Bank4YOU Group adds Byteball to their list of accepted fiat and crypto currencies for their ICO, a Mobile Money Remittance System.

Bank4YOU just implemented the option to purchase BFY tokens with Byteball Bytes.
Read all about it on their website https://bank4you.io/

Please retweet https://twitter.com/CryptKeeperBTT/status/974278017710215170

[CryptKeeper]

Send Bytes to your friends using only their email address, a key reason Paypal became a giant
https://medium.com/byteball/sending-cryptocurrency-to-email-5c9bce22b8a9

Please retweet https://twitter.com/ByteballOrg/status/974591124177334278