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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1152247 times)
sailthor
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April 11, 2018, 09:51:45 PM
 #18301

Tonych, what about the possible BOINC project for Byteball? No decision or action yet for that? I'm still looking forward to contribute some computing power for any decent research.

There will be a distribution to World Community Grid contributors soon.
I'm currently developing the bot that will link Byteball addresses to WCG accounts.

That's the future plan of distribution?
It seems like the early distribution of Ripple.
Is it FAIR or effective?
Is it fair? It is literally POW. Is it effective? Ask Ripple.

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April 11, 2018, 10:44:43 PM
 #18302

Tonych, what about the possible BOINC project for Byteball? No decision or action yet for that? I'm still looking forward to contribute some computing power for any decent research.

There will be a distribution to World Community Grid contributors soon.
I'm currently developing the bot that will link Byteball addresses to WCG accounts.

That's the future plan of distribution?
It seems like the early distribution of Ripple.
Is it FAIR or effective?
Is it fair? It is literally POW. Is it effective? Ask Ripple.

As I understand it, ripple XRP were 100% premined and 60% are still hodl'd by the creators. With byteball it was 100% premined and I think 35% are currently hodl'd by creator. So yes quite similar. But byteball not quite as bad. And Tony (byteball creator) still as far as I know 'promising' to distribute all in ways judged to increase the amount of byteball users. (however the timescale for distribution is unknown).
witch
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April 11, 2018, 10:48:21 PM
 #18303

Tonych, what about the possible BOINC project for Byteball? No decision or action yet for that? I'm still looking forward to contribute some computing power for any decent research.

There will be a distribution to World Community Grid contributors soon.
I'm currently developing the bot that will link Byteball addresses to WCG accounts.

That's the future plan of distribution?
It seems like the early distribution of Ripple.
Is it FAIR or effective?
Is it fair? It is literally POW. Is it effective? Ask Ripple.
Haha, that one was good.

To the fairness debatte: I think it is fair to reward btc whales more than smaller btc holders, because these are mostly the early adopters.
Bannedseller
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April 11, 2018, 11:24:31 PM
 #18304

Quietly potential Shocked Should I invest a little bit?

This project BYTEBALL is a hidden germ. They just need to do some marketing:They just hires first PR agency (see above)...
nhathongkehoc
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April 11, 2018, 11:27:19 PM
 #18305

As I understand it, ripple XRP were 100% premined and 60% are still hodl'd by the creators. With byteball it was 100% premined and I think 35% are currently hodl'd by creator. So yes quite similar. But byteball not quite as bad. And Tony (byteball creator) still as far as I know 'promising' to distribute all in ways judged to increase the amount of byteball users. (however the timescale for distribution is unknown).
Thanks. 35% premined hold by tonych, the rest will be distributed completely somehow. It is still better than Ripple. The project has good features which can change the mining industry, and with plans for distribution 65% premined, I hope Byteball will have appropriate marketing campaigns to attract as many investors as possible.

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\ HIGH ROI, Low supply / - \ A privacy focused MN/PoS coin /
nhathongkehoc
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April 12, 2018, 12:10:24 AM
 #18306

Byteball has changed the mining industry in somewhat extent. Non-DAG algorithm, no block, no chain. Let's go Byteball, one of the most promising textcoin in the crypto world.

DarkPayCoin - [100% community governed and built]
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\ HIGH ROI, Low supply / - \ A privacy focused MN/PoS coin /
CryptKeeper
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April 12, 2018, 04:18:06 AM
 #18307




Ethereum for sophistication, Byteball for clarity
https://byteball.org



Please retweet https://twitter.com/byteballorg/status/984088260854075392?s=21

Follow me on twitter for the latest news on bitcoin and altcoins and I'll follow you back the same day!
Obyte - An open cryptocurrency platform ready for real world adoption
nguyenthithuken
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April 12, 2018, 05:50:40 AM
 #18308

Hi dev, I used the private key to sync the wallet my mobile to my computer but it didn't sync. I don't know how to sync. Please everybody know about this issue help me! Thanks
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April 12, 2018, 05:57:29 AM
 #18309

< image snipped >


Ethereum for sophistication, Byteball for clarity
https://byteball.org



Please retweet https://twitter.com/byteballorg/status/984088260854075392?s=21
Yeah, simplicity is the best, as Tony stated via his signature. No block, no chain, non-DAG algorithm, textcoin (no need available wallet to send coins to receivers). Lots of breaking features in Byteball specifications.
I support Byteball and hope someday this one will become greater than Ethereum.

DarkPayCoin - [100% community governed and built]
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\ HIGH ROI, Low supply / - \ A privacy focused MN/PoS coin /
sailthor
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April 12, 2018, 07:26:01 AM
 #18310

< image snipped >


Ethereum for sophistication, Byteball for clarity
https://byteball.org



Please retweet https://twitter.com/byteballorg/status/984088260854075392?s=21
Yeah, simplicity is the best, as Tony stated via his signature. No block, no chain, non-DAG algorithm, textcoin (no need available wallet to send coins to receivers). Lots of breaking features in Byteball specifications.
I support Byteball and hope someday this one will become greater than Ethereum.
Huh Read up more, your info is incorrect

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April 12, 2018, 07:32:48 AM
 #18311

Maybe that guy implied about sending coins via email address
https://medium.com/byteball/sending-cryptocurrency-to-email-5c9bce22b8a9
Non-DAG is incorrect, it should be DAD instead.

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tyz
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April 12, 2018, 08:33:05 AM
 #18312

What would interest me in general about byteball, when are the witnesses chosen or determined? As far as I know (and so it is in the white paper) Tony and/or the admins are still controlling the nodes. Thus, Byteball is currently centralized to my understanding. Is there a roadmap to when the witnesses should be determined?

dungp3132
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April 12, 2018, 08:38:29 AM
 #18313

What would interest me in general about byteball, when are the witnesses chosen or determined? As far as I know (and so it is in the white paper) Tony and/or the admins are still controlling the nodes. Thus, Byteball is currently centralized to my understanding. Is there a roadmap to when the witnesses should be determined?
They have conducted give-away campaigns to distributed those premined coins. Textcoin, DAG algorithm, no-chained, no-blocked, simplicity, in-wallet bots.

DarkPayCoin - [100% community governed and built]
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\ HIGH ROI, Low supply / - \ A privacy focused MN/PoS coin /
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yes


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April 12, 2018, 09:26:31 AM
 #18314

I love these short and simple Ad-banners.

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DeepOnion
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ANN  Whitepaper  Facebook  Twitter  Telegram  Discord 





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tranthidung
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April 12, 2018, 11:12:57 AM
 #18315

I love these short and simple Ad-banners.
What are you talking about, m8? Looks like spamming thread.

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April 12, 2018, 12:53:14 PM
 #18316

I love these short and simple Ad-banners.
What are you talking about, m8? Looks like spamming thread.

Looking at his signature of DeepOninion. You will know well that he is spamming his scam.
fabi90
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April 12, 2018, 04:46:12 PM
 #18317

What if Byteball goes from negligible fees to no fees? Then it will be on par with IOTA and Nano. These three coins (and their their successor DAG coins) will then dominate the entire cryptocurrency space!
meterse
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April 12, 2018, 05:14:49 PM
 #18318

What if Byteball goes from negligible fees to no fees? Then it will be on par with IOTA and Nano. These three coins (and their their successor DAG coins) will then dominate the entire cryptocurrency space!

Let me quote the founder and lead developer once again:

About the fees. We want a system that is fair as much as possible, and doesn’t bleed resources to the outside world such as what PoW does, and still protects against spam. We don’t want a fee market and uncertainty that it brings, we want a fee that is known for certain. And fair means that the fee is proportional to the amount of resources consumed from the peers.

The simplest way to satisfy all these criteria is to set the fee equal to the transaction size in bytes. That simple. This also gives the natural name to the native currency: byte. You pay 1 byte of the currency to store 1 byte of transaction data.

Having no fees at all means less security and no spam protection.
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April 12, 2018, 05:18:53 PM
 #18319

Read the latest Byteball email newsletter: buy bytes using visa and mastercard plus two new grants accepted https://mailchi.mp/d4e199de62b3/buy-bytes-using-visa-and-mastercard-plus-two-new-grants-accepted
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April 12, 2018, 06:08:58 PM
 #18320

You can not compare Ripple and Byteball. Neither the technology nor the distribution. It is like comparing bears and apples. Ripple has a horrible distribution. Some months ago I read this post on Reddit covering Ripple's distribution. It shows all the madness.
https://www.reddit.com/r/Ripple/comments/7pr341/xrp_distribution/

As I understand it, ripple XRP were 100% premined and 60% are still hodl'd by the creators. With byteball it was 100% premined and I think 35% are currently hodl'd by creator. So yes quite similar. But byteball not quite as bad. And Tony (byteball creator) still as far as I know 'promising' to distribute all in ways judged to increase the amount of byteball users. (however the timescale for distribution is unknown).

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