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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1234262 times)
mindrust
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April 13, 2018, 07:51:10 PM
Last edit: April 13, 2018, 08:30:59 PM by mindrust
 #18221

We've got our first fiat on-ramp https://medium.com/byteball/buying-bytes-with-visa-or-mastercard-d8ee2d1a2b07.  

After passing the real-name attestation, it is now possible to buy Bytes with Visa and Mastercard with a low fee.  The fee is partially subsidized from undistributed funds.

People are underestimating this feature because they are forgetting that its not just byteballs you can buy with VISA/MC, you can buy all the crypto with your credit card. You can use this bot for doing CreditCard>Byteball>Any crypto. Byteball to other crypto transformation can be incredibly cheap if you use the right exchange.

It is already very hard to buy crypto with credit cards. I know there are other ways but one of the most popular one I know is CEX.IO and while their exchange rates are already ridiculous, you also add like another %5 for the credit card fees. (total premium is around %10)

%3 is godsend compared to other similar cc/crypto services. Tbh, I don't know anything cheaper when it comes to buy crypto with cc. Even if the rates weren't good, this feature just enables another door for FIAT>Crypto route. It benefits everybody. (everybody but FIAT holders)

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European Central Bank
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April 13, 2018, 08:28:39 PM
 #18222

I'm not impressed. I don't see a point in this. If you have a visa/mastercard card, you have a bank account. If you have a bank account, you can just wire money on an exchange and buy bytes with reasonable 1-3% fee. Instead of working with high volume exchanges to list bytes, Tonych and team developed this rather bizarre way of buying bytes heavily subsidizing a private company in the process with undistributed funds.

Tell me what's so cool about it?

do you know how many countries don't have decent exchanges? plenty. you might have to send money abroad or not be able to do it at all. localbitcoins is the obvious alternative but premiums there can easily be far more than this card fee.

remember there's a whole world out there and every single country has a different level of crypto accessibility.


People are underestimating this feature because they are forgetting that its not just byteballs you can buy with VISA/MC, you can buy all the crypto with your credit card. You can use this bot for doing CreditCard>Byteball>Any crypto. Byteball to other crypto transformation can be incredible cheap if you use the right exchange.

this is a very good point. i do wonder though how solid this avenue is going to be though. cards and crypto are looking pretty shaky these days.
tonych (OP)
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April 13, 2018, 10:53:22 PM
 #18223

We've got our first fiat on-ramp https://medium.com/byteball/buying-bytes-with-visa-or-mastercard-d8ee2d1a2b07

After passing the real-name attestation, it is now possible to buy Bytes with Visa and Mastercard with a low fee.  The fee is partially subsidized from undistributed funds.

Bot "Buy bytes with Visa or Mastercard"
don't work Undecided
"No profiles matching the request criteria"

Real name attestation bot:
"You were already attested at 2018-02-22. Attest again?"

Do you have all these fields in your profile: first name, last name, country, date of birth, ID number, ID type?

Yes, all fields "first name, last name, country, date of birth, ID number, ID type"
Tab "send this profile" don't active

Byteball wallet v2.1.0 light

Try upgrading to 2.2.0.  If it doesn't help, please pm me your attested address.

Simplicity is beauty
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April 13, 2018, 11:33:31 PM
 #18224


Ripple did this several years ago. This was fun, but they stopped it because this giveaway was gamed like hell by guys who had access to HPC clusters. I got a lot of XRP renting AWS compute instances Smiley

Did too.  This could be easily managed by only making payments to Byteball verified accounts (Jumio), and limiting the payouts to a reasonable amount of computing power. What Tony needs is a lot of people with small rigs, not a few people with huge rigs.

Great idea if it will be fine tuned so as to be reasonably sure than nobody will be able to rig the system - as it often happens when there are givaways. We have recently seen it happening with the Byteball quiz.
It is POW. You can't "rig the system" - that's the point of POW rewards

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April 14, 2018, 03:14:12 AM
 #18225

~
Try upgrading to 2.2.0.  If it doesn't help, please pm me your attested address.

Hi tonych,

Can I find rich list in the Byteball DAG explorer? If yes, please tell me how to see rich list of Byteball holders.

★★★ BitCloak Bitcoin Mixer |BTC & BCH| FAST MIX | API | PGP PROOF | ESCROW ★★★
★ Tor and Clearnet mirrors | Payouts Every 60 seconds | Cheap 2% Service Fee | The Most Advanced Mixer | Discuss More
jhenfelipe
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April 14, 2018, 03:26:58 AM
 #18226

~
Try upgrading to 2.2.0.  If it doesn't help, please pm me your attested address.

Hi tonych,

Can I find rich list in the Byteball DAG explorer? If yes, please tell me how to see rich list of Byteball holders.
You can check the Byteball Top 100 richest list here https://byteball.fr/Top100ByteballRichest.php . You'll be able to search your address too to easily check if you belong to top 100. I'm not sure though if it's up to date.
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April 14, 2018, 04:15:31 AM
 #18227

You can check the Byteball Top 100 richest list here https://byteball.fr/Top100ByteballRichest.php . You'll be able to search your address too to easily check if you belong to top 100. I'm not sure though if it's up to date.

Highly appreciate your information, jhenfelipe. I have visited the link and found that most of byteball coins belong to the top 10 in the rich list.
Furthermore, what I know is 99% of Byteball will be planned to distribute to community via campaigns. Therefore, I guess the top 2 (or a bit lower ranks) belongs to Byteball team. Am I right?

★★★ BitCloak Bitcoin Mixer |BTC & BCH| FAST MIX | API | PGP PROOF | ESCROW ★★★
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CryptKeeper
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April 14, 2018, 06:07:47 AM
 #18228




Smart contracts are not only for smart kids
https://byteball.org



Please retweet https://twitter.com/ByteballOrg/status/984435303334150144

Follow me on twitter! I'm a private Bitcoin and altcoin hodler. Giving away crypto for free on my Twitter feed!
bitcampaign
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April 14, 2018, 06:11:37 AM
 #18229




Smart contracts are not only for smart kids
https://byteball.org



Please retweet https://twitter.com/ByteballOrg/status/984435303334150144
it looks interesting, i think save the better byteball inside the wallet, i like the concept of this project since long time, retweet done

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April 14, 2018, 07:16:53 AM
 #18230

PUBLIC SERVICE ANNOUNCEMENT

Quote
Dear Byteball SilentNotary tokenholders!
Due to the technical error of the tokensale bot termination, several completely erroneous transactions:
42DCC3RPADD2DGXH52NTFZ5GLYCGA7TD
OUZ6WHKI53QJMGLF73JAYA7JWKEHDFNV
DYTQJ64VBVSVQ2KERMYYTWQZ4NUU6UYR
DYTQJ64VBVSVQ2KERMYYTWQZ4NUU6UYR
JTYIJR6GSK2F26JM6IHFLS575FQ3DXK2 were made.
These transactions do not correspond to the token sale aggrement and violate the rights of legal tokens holders, so the following decision was made:
1. We will issue a new tokens (assets) on the Bytball platform and distribute them between all legal token holders in the appropriate proportion. 2. The old token (asset) is no longer supported.
We apologize for the inconvenience and kindly ask you to temporarily refrain from operations with SilentNotary assets.

(from Byteball Slack)

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acquafredda
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April 14, 2018, 09:13:11 AM
 #18231

We've got our first fiat on-ramp https://medium.com/byteball/buying-bytes-with-visa-or-mastercard-d8ee2d1a2b07.  

After passing the real-name attestation, it is now possible to buy Bytes with Visa and Mastercard with a low fee.  The fee is partially subsidized from undistributed funds.

You are really full of surprises! Even implementing the missing fiat bridge for bytes. I wonder how long do we have to wait for the selling side to be 100% able to use byteball wallet as an excellent gateway in and out the crypto world.
Excellent job!
ByteFan
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April 14, 2018, 10:20:40 AM
Last edit: April 14, 2018, 10:44:32 AM by ByteFan
 #18232

We've got our first fiat on-ramp https://medium.com/byteball/buying-bytes-with-visa-or-mastercard-d8ee2d1a2b07.  

After passing the real-name attestation, it is now possible to buy Bytes with Visa and Mastercard with a low fee.  The fee is partially subsidized from undistributed funds.

You are really full of surprises! Even implementing the missing fiat bridge for bytes. I wonder how long do we have to wait for the selling side to be 100% able to use byteball wallet as an excellent gateway in and out the crypto world.
Excellent job!

What is the point of "partially subsidize" the fee from the distribution fund? Why not fully compensate, or adjust to the average exchange fee (bittrex fee is 0.25%), if the goal is to facilitate FIAT-->GByte conversion.
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April 14, 2018, 11:02:21 AM
 #18233

how I get the password for the byteball wallet? before they did not ask me and now that if I can not access my account
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April 14, 2018, 11:06:39 AM
 #18234

This year the coin whether can fly to the moon?

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April 14, 2018, 11:08:58 AM
 #18235

how I get the password for the byteball wallet? before they did not ask me and now that if I can not access my account

mhh, this is really strange. i dont think that the app just sets a password by itself. you have to enable the feature "request password" and while doing this you have to enter it twice.
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April 14, 2018, 04:15:46 PM
 #18236

Are there any news about the WorldCommunityGrid bot integration and when it starts? I read some days ago that a user is almost done with the bot.

By the way, how can I get an invitation for the Byteball Slack?
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April 14, 2018, 04:48:17 PM
 #18237

Are there any news about the WorldCommunityGrid bot integration and when it starts? I read some days ago that a user is almost done with the bot.

By the way, how can I get an invitation for the Byteball Slack?

Invite page for Slack is here: https://slack.byteball.org/ (login with twitter or other social media is the easiest and fastest way)

On Slack go to #wcg-bot-test channel, there you can see the progress!

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April 14, 2018, 05:30:28 PM
 #18238

This is your merkle proof of ****** :0.00201532. Please copy and paste it on the Send page to unlock the funds from your smart wallet:
3081-Nnc3xXXoU7NozfcT4DYonxGRUDQvpkl2rsXh4KfImOk=-V/76zxkz/3YO91VuHWmpLDWAN9Vi9AlPwmNDF0mI5bE=-KkW45XrG1mm6+q39pse0ISmfuTaJdm8alvD+WH6bnIo=-ZG5d9n/uUUhKWOp8W0oiixVhLSYoPub0QDlG4l5L7jQ=-A24g5vcxD2cSSjbtXvGoNrdCBrPZz41mzkkp5bnUKXg=-rzQ8EojOR8b6llvxqQ8B+lfDAIEFSeu2aYgcPcI5BZk=-weNanK7ufcgHaQviZF8bkDX+jAQrK8LAVE+vapX+NHk=-P7PNkFbHzyTYQZUCFrAYP1MXgbc5RyyT82LQQT0C6oA=-KMWktf7cA25YPXdZDYbh/ex6LPi2IKsGay/qgRwEG/o=-UhCQG0x6AZeaKotTi3y2mJm5aYyNrkoLKdp491W/+PY=-B4kRSdl4kq1FzKEVYCE3PDfa+quM3Y0X/upEIYCLaD8=-gbVkrt+nphNt+sHgzxVn2GQfJQm0+AA2DLlv2ugcfYE=-V6EBNUqAZPwkirqn5LjM2Br0RMQb9jRUzHIxmCesCm8=

Hi Guys How I can "Unlock this fund"?Procedure is not so clear Sad I need to install bitcore?

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April 14, 2018, 07:55:57 PM
 #18239

Are there any news about the WorldCommunityGrid bot integration and when it starts? I read some days ago that a user is almost done with the bot.

By the way, how can I get an invitation for the Byteball Slack?
Punqtured via Telegram:
Prior to launching the World Community Grid distribution, there's a need for a few more testers. Since you've probably already got the Byteball wallet, all you need to do, is to create an account on World Community Grid (https://www.worldcommunitygrid.org) download the WCG-client and start it. In the wallet, pair with the device:

Az9An2FuRQUIQ1VlI91mCbFIccZG290lLS0GXemRmLeB@byteball.org/bb#0000

which is the bot. It will walk you through linking your wallet with your WCG account.
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April 14, 2018, 08:28:05 PM
 #18240

In the wallet, pair with the device:

Az9An2FuRQUIQ1VlI91mCbFIccZG290lLS0GXemRmLeB@byteball.org/bb#0000

which is the bot. It will walk you through linking your wallet with your WCG account.
When i try to link a Account with the Username that the Bot me tell, a error occurs.
Quote
There was an unexpected error, admin is notified. Please try again in a few hours.

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