Obyte: Totally new consensus algorithm + private untraceable payments

[jwinterm]

Today, we are launching a Telegram bot that allows to pass a small quiz and get a $5.00 worth reward in Bytes.  It is paid from the undistributed funds.

Full story: https://medium.com/byteball/money-for-knowledge-distribution-via-telegram-quiz-bot-2dd400e22997

Telegram bot: @ByteballQuizBot

About 500 users have passed the quiz since launch (despite frequent offs due to bugs, running out of money, running out of daily quota, etc) but I observe some share of fraud too.  It is not very large but concerning.  To reduce the incentive for fraud, the reward will now be reduced to $2.50.

Maybe what you should do is ask users to pay $8 worth of byteball to take the quiz, then if they successfully complete it you'll send them $20 worth of byteball back

[tonych]

Today, we are launching a Telegram bot that allows to pass a small quiz and get a $5.00 worth reward in Bytes.  It is paid from the undistributed funds.

Full story: https://medium.com/byteball/money-for-knowledge-distribution-via-telegram-quiz-bot-2dd400e22997

Telegram bot: @ByteballQuizBot

About 500 users have passed the quiz since launch (despite frequent offs due to bugs, running out of money, running out of daily quota, etc) but I observe some share of fraud too.  It is not very large but concerning.  To reduce the incentive for fraud, the reward will now be reduced to $2.50.

Maybe what you should do is ask users to pay $8 worth of byteball to take the quiz, then if they successfully complete it you'll send them $20 worth of byteball back

Clever enough but unlike jumio there is no cost associated with running the quiz.

[Hhugh]

Today, we are launching a Telegram bot that allows to pass a small quiz and get a $5.00 worth reward in Bytes.  It is paid from the undistributed funds.

Full story: https://medium.com/byteball/money-for-knowledge-distribution-via-telegram-quiz-bot-2dd400e22997

Telegram bot: @ByteballQuizBot

About 500 users have passed the quiz since launch (despite frequent offs due to bugs, running out of money, running out of daily quota, etc) but I observe some share of fraud too.  It is not very large but concerning.  To reduce the incentive for fraud, the reward will now be reduced to $2.50.

Maybe what you should do is ask users to pay $8 worth of byteball to take the quiz, then if they successfully complete it you'll send them $20 worth of byteball back

Bytes, not byteball... you could learn something from the quiz! This is one of the questions:

What’s the  main currency of Byteball?
a - Byteball
b - Byte
c - Blackbyte
d - Bitcoin
https://wiki.byteball.org/Overview#Basic_info

[tspacepilot]

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.".

In my opinion, this is broken behavior.  If the amount is too small to exchange, send it back after some time, don't just confiscate the money..

Is there anyone I can talk to to get my money back?

I was glad to see that whoever runs the BEEB exchange is around to take care of their customers.  Does anyone know who runs the BTC-Byteball exchange bot?  I still haven't heard anything.  It seems like whoever runs this bot just stole my 20$

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.

I mean, if this bot's policy is to take for itself all values under 20$, and there's a fast moving exchange rate, and i'm just hosed.  Ok, it was 20$, not my life savings, no problem.  Still, I wouldn't recommend doing business with such a person.  And I bet I'm not the only one who has had their money stolen.

Does anyone know who the dev is.  I'd like to talk to them.

[hd49728]

Oh, I lost my chance to get money from Byteball quizzes.
I was a little bit busy (heavy loads of works in my office), so I don't have spare time to join your quizze.
However, I highly appreciate your works to control cheaters, who simply tried to join quizz and get money. They should not do that.

About 500 users have passed the quiz since launch (despite frequent offs due to bugs, running out of money, running out of daily quota, etc) but I observe some share of fraud too.  It is not very large but concerning.  To reduce the incentive for fraud, the reward will now be reduced to $2.50.

thanks for sharing me link to get basic information about Byteball and its main currency on wiki.byteball website.
It helps me a lot.

Bytes, not byteball... you could learn something from the quiz! This is one of the questions:

What’s the  main currency of Byteball?
a - Byteball
b - Byte
c - Blackbyte
d - Bitcoin
https://wiki.byteball.org/Overview#Basic_info

[CryptKeeper]

P2P insurance? Yes, you can on Byteball


Please retweet https://twitter.com/ByteballOrg/status/978578961872621568?s=20

[CryptKeeper]

As part of our Global Roadshow Byteball’s Steve Safronoff attending Crypto Summit 2018 in Zurich.  Hope to see our supporters there!


Please retweet https://twitter.com/ByteballOrg/status/978767013316300805?s=20

[Karartma1]

I'm sorry but that is a very stupid move, not because Byteball is not a good investment but since you are putting your savings at stake with no diversification, maybe you should be prepared for what you have done. Like any investement, one should never invest life savings into it: you did gambling

[naska21]

Today, we are launching a Telegram bot that allows to pass a small quiz and get a $5.00 worth reward in Bytes.  It is paid from the undistributed funds.


Full story: https://medium.com/byteball/money-for-knowledge-distribution-via-telegram-quiz-bot-2dd400e22997

Telegram bot: @ByteballQuizBot

I have passed the quiz. It's eye-opening  and funny.It might take out most of us at the same time. The only disapointment was from the bot final message . "There was an error while trying to send your textcoin. We'll automatically retry until the textcoin is sent."

Got it! I would  like to know if we have any statistics on distribution via telegram bot showing that this method  is more effective than the earlier one.

[tuvok007]

Noticed a lot of established members wearing byteball sig in the last week. Is Byteball a new NEM ?? I remember two years ago when i heard that every wallet will receive some free bytes but i probably lost that wallet.

[welhzh]

i want to take part in the campaign, but i am jr member. so sad

[kaicrypzen]

About 500 users have passed the quiz since launch (despite frequent offs due to bugs, running out of money, running out of daily quota, etc) but I observe some share of fraud too.  It is not very large but concerning.  To reduce the incentive for fraud, the reward will now be reduced to $2.50.

Curious about how you detect frauds. Is it based on the number of times the same IP address has passed a payable quiz or is there more to it? Thank you.

[p2pGames]

About 500 users have passed the quiz since launch (despite frequent offs due to bugs, running out of money, running out of daily quota, etc) but I observe some share of fraud too.  It is not very large but concerning.  To reduce the incentive for fraud, the reward will now be reduced to $2.50.

Curious about how you detect frauds. Is it based on the number of times the same IP address has passed a payable quiz or is there more to it ? Thank you.

500 users is good, but to distribute other funds 334000/0,013= 25 600 000 claim around. it's 2much
and for new users it is a dubious incentive to install a wallet and to be interested in the project. At least my friends, even for $ 5, did not want to bother with answers to questions that you need to delve into. And they just gave me their telegrams

[kaicrypzen]

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.".

In my opinion, this is broken behavior.  If the amount is too small to exchange, send it back after some time, don't just confiscate the money..

Is there anyone I can talk to to get my money back?

Does anyone know who the dev is.  I'd like to talk to them.

If I remember correctly, it's tonych.

Oh, I lost my chance to get money from Byteball quizzes.
I was a little bit busy (heavy loads of works in my office), so I don't have spare time to join your quizze.

You can take the quiz anytime. It has 5 questions that take less than 1 minute each to answer if you already know what Byteball is about.

[kola-schaar]

Error handling works, TextCoin received:


From yesterday to today already made 2.2% profit . Now I can afford an Easter egg more. 

[tonych]

Today, we are launching a Telegram bot that allows to pass a small quiz and get a $5.00 worth reward in Bytes.  It is paid from the undistributed funds.


Full story: https://medium.com/byteball/money-for-knowledge-distribution-via-telegram-quiz-bot-2dd400e22997

Telegram bot: @ByteballQuizBot

I have passed the quiz. It's eye-opening  and funny.It might take out most of us at the same time. The only disapointment was from the bot final message . "There was an error while trying to send your textcoin. We'll automatically retry until the textcoin is sent."

Got it! I would  like to know if we have any statistics on distribution via telegram bot showing that this method  is more effective than the earlier one.

Track this address which distributes the rewards https://explorer.byteball.org/#XPOQYAPM5NDYTVRV763C2G557GMKRZXL

[cryptohunter]

I see already the sig bounty is turning into a cluster fuck with legitimate and known BB supporters getting annoyed and seemingly random and unfair treatment by the bounty manager there.

There are many more examples that what I post here ... enough that there is no smoke without fire so i tested it out myself and I find this is not something they are making up. I have never been left out of a sig campaign ever that I applied for.

What's going on with the selection process here?
I'm seeing genuine Byteball fans with a posting history to back this up being left out in favour of bounty hunters who probably couldn't give two shits about Byteball and will dump their Bytes for a few satoshis.

this is a very good point. i also do not find myself on the spreadsheet. hell i even own the byteball web domain in my country and i have been left out with no reason. this is probably an issue that we should take directly with the team because there seems to not be a logical explanation for some of the people left out. hehehe..and i am the first one signing in for the campaign )))

Seems weird to me too, not that I care much but I have been left out too and I used byteball signature for almost a year (for no reward at all) and I'm invested in byteball since it started. Also the campaign manager's price for doing this is pretty insane - at least back in august it was - when I wanted to do a signature campaign for BB and thought outsourcing is the way to go.. but then I reached out to him and got shocked at the price. For that price he should be able to verify everyone's post, every day and instantly accept those who are BB advocates since its inception. The 25 post / week to me seems excessive but if you think spamming the forum is the best way to spread BB, well kudos then but I really doubt people will have meaningful posts with such absurd minimum requirements.

this is very concerning ... there needs to be legitimate reason to leave out known posters and supporters of byteball.

I notice some strange choices here that I am hoping is down more to taking on too many sig bounty campaigns and not investigating thoroughly enough rather than something more worrying.

I as a byteball holder would rather see these known and trusted people on the sig campaign over those that are not interested and will dump the byteball straight away.

I would like to see well considered reply to these queries here else this will need further investigation on a more wide spread level.

I have heard allegations of bounty managers only listing those who agree to kick backs and other such devious means.

If a person is over looked or left out when they are a known poster and supporter of a project there should be in depth and complete disclosure of why that was. The selection process can not be random nor can in demonstrate any obvious unfairness.

Bounties are a large part now of the minting in some cases so absolute transparency and fairness there is essential not to taint the entire project.

This is a serious matter.

I can only hope that this does not spread into futher tainting of the already shambles  like distribution process.

I hope Tony can investigate personally before this tumbles out on to the main board. I was told about this and tested it myself and was also left out.

Do you not find it curious that legitimate know legend posters are held out whilst shit post spamming obvious noob accounts are permitted.

This does not look like the signature campaign we want by pissing off current BB holders and giving it to noob trash to dump as soon as they get it.

What will be done about this.

At the least a full explanation of why these people were not allowed to take part. Else looks like a scam to me.

No way would a bounty manager hold out legends and known posters over noob trash posting shit over and over unless there was some connection between the bounty manger and these noob accounts.

It looks bad and it is only a matter of time before the main board sees a thread labelled more questionable distribution tactics attached to this project.

There is no room for opinion here there is simply observable events suggesting there is an unfair or yet unexplained strange selection for who can get rewarded for promoting byteball and who can not. This needs further investigation at this early stage before more damage is done here.


I would like to see all those that are know BB community members that have a good post history to be allowed into this campaign if they are not then there needs to be a good reason given. Not the explanation the bounty manger gave which was

To all the bums crying they didn't get in, or accusing me of dumb shit. You can stop anytime. Users were not accepted due to their accounts. If you want in campaigns you need to be an active poster, with fairly constructive posts, and not be a fucking alt account or bought account. Don't come in here crying cause you weren't accepted, fix the damn problem

this is not the professionalism of a serious projects bounty manager and I would expect to see this person either fired at once or start acting more like someone you  want officially associated with this project. These are for sure unfounded allegations and I would expect to see these explained and full apology especially to those who are known members of BB community long term.

[JesusCryptos]

I see already the sig bounty is turning into a cluster fuck with legitimate and known BB supporters getting annoyed and seemingly random and unfair treatment by the bounty manager there.

There are many more examples that what I post here ... enough that there is no smoke without fire so i tested it out myself and I find this is not something they are making up. I have never been left out of a sig campaign ever that I applied for.

What's going on with the selection process here?
I'm seeing genuine Byteball fans with a posting history to back this up being left out in favour of bounty hunters who probably couldn't give two shits about Byteball and will dump their Bytes for a few satoshis.

this is a very good point. i also do not find myself on the spreadsheet. hell i even own the byteball web domain in my country and i have been left out with no reason. this is probably an issue that we should take directly with the team because there seems to not be a logical explanation for some of the people left out. hehehe..and i am the first one signing in for the campaign )))

Seems weird to me too, not that I care much but I have been left out too and I used byteball signature for almost a year (for no reward at all) and I'm invested in byteball since it started. Also the campaign manager's price for doing this is pretty insane - at least back in august it was - when I wanted to do a signature campaign for BB and thought outsourcing is the way to go.. but then I reached out to him and got shocked at the price. For that price he should be able to verify everyone's post, every day and instantly accept those who are BB advocates since its inception. The 25 post / week to me seems excessive but if you think spamming the forum is the best way to spread BB, well kudos then but I really doubt people will have meaningful posts with such absurd minimum requirements.

this is very concerning ... there needs to be legitimate reason to leave out known posters and supporters of byteball.

I notice some strange choices here that I am hoping is down more to taking on too many sig bounty campaigns and not investigating thoroughly enough rather than something more worrying.

I as a byteball holder would rather see these known and trusted people on the sig campaign over those that are not interested and will dump the byteball straight away.

I would like to see well considered reply to these queries here else this will need further investigation on a more wide spread level.

I have heard allegations of bounty managers only listing those who agree to kick backs and other such devious means.

If a person is over looked or left out when they are a known poster and supporter of a project there should be in depth and complete disclosure of why that was. The selection process can not be random nor can in demonstrate any obvious unfairness.

Bounties are a large part now of the minting in some cases so absolute transparency and fairness there is essential not to taint the entire project.

This is a serious matter.

I can only hope that this does not spread into futher tainting of the already shambles  like distribution process.

I hope Tony can investigate personally before this tumbles out on to the main board. I was told about this and tested it myself and was also left out.

Do you not find it curious that legitimate know legend posters are held out whilst shit post spamming obvious noob accounts are permitted.

This does not look like the signature campaign we want by pissing off current BB holders and giving it to noob trash to dump as soon as they get it.

What will be done about this.

At the least a full explanation of why these people were not allowed to take part. Else looks like a scam to me.

No way would a bounty manager hold out legends and known posters over noob trash posting shit over and over unless there was some connection between the bounty manger and these noob accounts.

It looks bad and it is only a matter of time before the main board sees a thread labelled more questionable distribution tactics attached to this project.

There is no room for opinion here there is simply observable events suggesting there is an unfair or yet unexplained strange selection for who can get rewarded for promoting byteball and who can not. This needs further investigation at this early stage before more damage is done here.


I would like to see all those that are know BB community members that have a good post history to be allowed into this campaign if they are not then there needs to be a good reason given. Not the explanation the bounty manger gave which was

To all the bums crying they didn't get in, or accusing me of dumb shit. You can stop anytime. Users were not accepted due to their accounts. If you want in campaigns you need to be an active poster, with fairly constructive posts, and not be a fucking alt account or bought account. Don't come in here crying cause you weren't accepted, fix the damn problem

this is not the professionalism of a serious projects bounty manager and I would expect to see this person either fired at once or start acting more like someone you  want officially associated with this project. These are for sure unfounded allegations and I would expect to see these explained and full apology especially to those who are known members of BB community long term.

I see some serious issues raised here, and I say this without being personally interested in joining the campaign since I am busy with another one. But I think it is not the most clever choice to piss off so many true and proved supporters of byteball. I thought we wanted to enlarge adoption, not to shrink it. Moreover, a 25 required posts per week is again a bad move, it will force people to spam the forum with byteball's signature. More weekly posts usually translates into  lower quality posts.

[cryptohunter]

I see already the sig bounty is turning into a cluster fuck with legitimate and known BB supporters getting annoyed and seemingly random and unfair treatment by the bounty manager there.

There are many more examples that what I post here ... enough that there is no smoke without fire so i tested it out myself and I find this is not something they are making up. I have never been left out of a sig campaign ever that I applied for.

What's going on with the selection process here?
I'm seeing genuine Byteball fans with a posting history to back this up being left out in favour of bounty hunters who probably couldn't give two shits about Byteball and will dump their Bytes for a few satoshis.

this is a very good point. i also do not find myself on the spreadsheet. hell i even own the byteball web domain in my country and i have been left out with no reason. this is probably an issue that we should take directly with the team because there seems to not be a logical explanation for some of the people left out. hehehe..and i am the first one signing in for the campaign )))

Seems weird to me too, not that I care much but I have been left out too and I used byteball signature for almost a year (for no reward at all) and I'm invested in byteball since it started. Also the campaign manager's price for doing this is pretty insane - at least back in august it was - when I wanted to do a signature campaign for BB and thought outsourcing is the way to go.. but then I reached out to him and got shocked at the price. For that price he should be able to verify everyone's post, every day and instantly accept those who are BB advocates since its inception. The 25 post / week to me seems excessive but if you think spamming the forum is the best way to spread BB, well kudos then but I really doubt people will have meaningful posts with such absurd minimum requirements.

this is very concerning ... there needs to be legitimate reason to leave out known posters and supporters of byteball.

I notice some strange choices here that I am hoping is down more to taking on too many sig bounty campaigns and not investigating thoroughly enough rather than something more worrying.

I as a byteball holder would rather see these known and trusted people on the sig campaign over those that are not interested and will dump the byteball straight away.

I would like to see well considered reply to these queries here else this will need further investigation on a more wide spread level.

I have heard allegations of bounty managers only listing those who agree to kick backs and other such devious means.

If a person is over looked or left out when they are a known poster and supporter of a project there should be in depth and complete disclosure of why that was. The selection process can not be random nor can in demonstrate any obvious unfairness.

Bounties are a large part now of the minting in some cases so absolute transparency and fairness there is essential not to taint the entire project.

This is a serious matter.

I can only hope that this does not spread into futher tainting of the already shambles  like distribution process.

I hope Tony can investigate personally before this tumbles out on to the main board. I was told about this and tested it myself and was also left out.

Do you not find it curious that legitimate know legend posters are held out whilst shit post spamming obvious noob accounts are permitted.

This does not look like the signature campaign we want by pissing off current BB holders and giving it to noob trash to dump as soon as they get it.

What will be done about this.

At the least a full explanation of why these people were not allowed to take part. Else looks like a scam to me.

No way would a bounty manager hold out legends and known posters over noob trash posting shit over and over unless there was some connection between the bounty manger and these noob accounts.

It looks bad and it is only a matter of time before the main board sees a thread labelled more questionable distribution tactics attached to this project.

There is no room for opinion here there is simply observable events suggesting there is an unfair or yet unexplained strange selection for who can get rewarded for promoting byteball and who can not. This needs further investigation at this early stage before more damage is done here.


I would like to see all those that are know BB community members that have a good post history to be allowed into this campaign if they are not then there needs to be a good reason given. Not the explanation the bounty manger gave which was

To all the bums crying they didn't get in, or accusing me of dumb shit. You can stop anytime. Users were not accepted due to their accounts. If you want in campaigns you need to be an active poster, with fairly constructive posts, and not be a fucking alt account or bought account. Don't come in here crying cause you weren't accepted, fix the damn problem

this is not the professionalism of a serious projects bounty manager and I would expect to see this person either fired at once or start acting more like someone you  want officially associated with this project. These are for sure unfounded allegations and I would expect to see these explained and full apology especially to those who are known members of BB community long term.

I see some serious issues raised here, and I say this without being personally interested in joining the campaign since I am busy with another one. But I think it is not the most clever choice to piss off so many true and proved supporters of byteball. I thought we wanted to enlarge adoption, not to shrink it. Moreover, a 25 required posts per week is again a bad move, it will force people to spam the forum with byteball's signature. More weekly posts usually translates into  lower quality posts.

Exactly and that is not the only issue.

Any unfairness with regard any part of the distribution that is unanswerable or without reasonable justification throws doubt on the entire project.

You can not hire people who are not professional it taints the project.

I wonder if TonyCH will answer this.

[Hhugh]

cryptohunter, these are all reasonable arguments IMO. I've posted it to slack... will be interesting to see what the response is.