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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1161091 times)
afbitcoins
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May 21, 2018, 10:34:12 PM
 #19041


What is up with bytebal and Venezuela? Can someone give me some official link relating to the matter?

There is a contest organized by an university.

https://www.youtube.com/watch?v=4nuwVqOvH4E&feature=youtu.be

This is a perfect storm for BYTEBALL to shine in Venezuela.
Maduro is president again.

BYTEBALL let's take over venezuela finance ... they print a currency with no value, BYTEBALL has value and it is limited.


Its a good idea to target people living in countries where the 'native' currency is going down the toilet. Dash already doing similar https://www.dashforcenews.com/dash-domination-venezuela/
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afbitcoins
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May 21, 2018, 11:08:33 PM
 #19042

I know I've been a vocal critic of byteball recently, most particularly in light of the changes to distribution methods. Which I still disagree with btw.

I strongly feel it was a mistake to end the airdrops.. The distribution needs to end not drag on.

(And the problematic fact that all the witnesses are still centralised).


However I stand by this coin despite those misgivings and I still believe the intention is to decentralise it. Also I am a fan the features being implemented.  

So with all that off my chest, its an interesting time for Byteball from a Technical Analysis perspective, so I thought I'd share my chart.



Byteball is bouncing strongly from the bottom of a rising channel but also close to reaching the top of a bearish channel which puts it in a wedge. Which way will it follow? There appears to be a lot of uncertainty.

The steep drop in February corresponds to when airdrops to byteball holders were cancelled (penalising byteball holders), which came at an infuriating time when I expected byteball to break up from that bearish channel.  

The prior rise may have been due to decisions to postpone airdrops thereby temporarily reducing the inflation of new coins circulating.

In fact I think its fair to assume a lot of the volatility is caused by decisions made by the dev about the undistributed coins. Again highlighting why the coins need to be distributed ASAP

The general downtrend is explained I think by the simple fact that so many newly distributed coins have been entering circulation, ie there has been extreme high inflation of supply.

I guess it is a balancing act for the dev who perhaps understands that slowing down the supply of new distributed coins helps price to stay more buoyant , but it comes with the cost that it brings a lot of uncertainty and also brings accusations of not being decentralised.

At the moment I am slightly optimistic Byteball can follow that bullish channel and break up from the bearish channel. I thnk the sell off when airdrops were cancelled was not as big as I thought it would be which seems to show a lot of belief in this coin. Lets make good things happen.  

 




 
xlcus
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May 22, 2018, 01:08:57 AM
 #19043

Hey bro.,

For a long period of time, you have keep spreading pessimistic threads on the future of Byteball project.
Then for now, you came and said that you have collected lots of Bytebal in your wallet.
My small recommedations for you is if you are really investor and supporter of the project, please stop spread such boring threads which might have negative impacts on the price of Byteball.
I guess you did it as efforts to buy as cheapes Byteball as possible, lol.
How many Gbyte do they hold? I can bet most of them have far less Gbyte in their wallet than me.

Top 50 is reachable target, and in our hands, mate.
Quote
But, hi, guys, top 5 is only a dream. Let's talk about some realistic target: when will we come back to the top 100?
Top 100 really doesn't look that far. At the rate we are coming back it is just a matter of couple of days that you'll be seeing it on the first page.

What is up with bytebal and Venezuela? Can someone give me some official link relating to the matter?

Yes, Byteball is not so far from the top 100. If the distribution is going well like the previous one (regular and following the rule!), I can beg the Byteball can reach top 50 in one month.
Big Naturals
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May 22, 2018, 02:31:27 AM
 #19044

How many more weeks for the signature campaign?
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May 22, 2018, 03:50:38 AM
 #19045

How many more weeks for the signature campaign?
I guess two more weeks, Big Naturals.
As yahoo62278 said in bounty topic, the Byteball signature campaign will last for one more months. After that day, the campaign has lasted two more weeks, including the current one. That means it will last for only two more weeks if tonych won't decide to expand it a bit more weeks.

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May 22, 2018, 03:59:47 AM
 #19046

How many more weeks for the signature campaign?
I guess two more weeks, Big Naturals.
As yahoo62278 said in bounty topic, the Byteball signature campaign will last for one more months. After that day, the campaign has lasted two more weeks, including the current one. That means it will last for only two more weeks if tonych won't decide to expand it a bit more weeks.

Ok, thanks bro!
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May 22, 2018, 04:02:08 AM
 #19047

Ok, thanks bro!
You are welcome. I have followed the campaign over the last three weeks and hope that tonych will decide expanding it a bit, both period of campaign and more participants.
By the way, the Byteball project is likely a good one, which also invaded deeper into real-life activities, for example in Venezuela.

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May 22, 2018, 08:33:45 AM
 #19048

Yes, Byteball is not so far from the top 100. If the distribution is going well like the previous one (regular and following the rule!), I can beg the Byteball can reach top 50 in one month.
It is time for you to reverse your stance on Byteball project, xlcus.
Congratulations, because it seems that you chose the right time to do it.
Byteball will take off soon when Bitcoin rise exponetially and the whole market fly over the Moon.
Real14Hero
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May 22, 2018, 11:12:01 AM
 #19049

How many more weeks for the signature campaign?
I guess two more weeks, Big Naturals.
As yahoo62278 said in bounty topic, the Byteball signature campaign will last for one more months. After that day, the campaign has lasted two more weeks, including the current one. That means it will last for only two more weeks if tonych won't decide to expand it a bit more weeks.
What you are telling is incorrect. The date Yahoo said that it will go on for one more month, after that 4 paying cycles have already ended. And 4 paying cycles = 1month.

So it should end by now if what yahoo said was followed, but I don't think even yahoo knows if this campaign will continue or not. Wait for Tony's message to yahoo that will make things further clear.
22naru
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May 22, 2018, 12:28:03 PM
 #19050

I know I've been a vocal critic of byteball recently, most particularly in light of the changes to distribution methods. Which I still disagree with btw.

I strongly feel it was a mistake to end the airdrops.. The distribution needs to end not drag on.

(And the problematic fact that all the witnesses are still centralised).


However I stand by this coin despite those misgivings and I still believe the intention is to decentralise it. Also I am a fan the features being implemented.  

So with all that off my chest, its an interesting time for Byteball from a Technical Analysis perspective, so I thought I'd share my chart.



Byteball is bouncing strongly from the bottom of a rising channel but also close to reaching the top of a bearish channel which puts it in a wedge. Which way will it follow? There appears to be a lot of uncertainty.

The steep drop in February corresponds to when airdrops to byteball holders were cancelled (penalising byteball holders), which came at an infuriating time when I expected byteball to break up from that bearish channel.  

The prior rise may have been due to decisions to postpone airdrops thereby temporarily reducing the inflation of new coins circulating.

In fact I think its fair to assume a lot of the volatility is caused by decisions made by the dev about the undistributed coins. Again highlighting why the coins need to be distributed ASAP

The general downtrend is explained I think by the simple fact that so many newly distributed coins have been entering circulation, ie there has been extreme high inflation of supply.

I guess it is a balancing act for the dev who perhaps understands that slowing down the supply of new distributed coins helps price to stay more buoyant , but it comes with the cost that it brings a lot of uncertainty and also brings accusations of not being decentralised.

At the moment I am slightly optimistic Byteball can follow that bullish channel and break up from the bearish channel. I thnk the sell off when airdrops were cancelled was not as big as I thought it would be which seems to show a lot of belief in this coin. Lets make good things happen.  

 




 
nice chart for bulls... hope will play nice and byteball will be back in top 50.
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May 22, 2018, 12:42:40 PM
 #19051

Luckybytes is no longer working for me.  Anyone know what is going on?

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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May 22, 2018, 12:44:04 PM
 #19052

A new DAG project has arrived, it seems that they handle the consensus problem with PoW (IOTA use coordinator and Byteball witnesses)

Quote
DERO-Atlantis few features:

    Block time of ~3 seconds.
    ~500 TPS(Transactions Per Second).
    No orphan blocks.
    Faster settlements and confirmation times of less than 60 seconds. Change spending will be allowed after ~60 seconds.
    Optional Extremely light weight, mobile and offline wallets.
    New Dero address specifications to allocate wallets to everyone. Wallets will be lightweight, private, secure, with support of shadow addresses(infinite). Family-members, Cars, IOTs etc. can have shadow addresses. Shadow addresses are linked to primary wallet and can be used independently just like primary wallet. Example: Refrigerator can have shadow address for independent transactions and records.
    Primary address can view/control shadow address balances etc. but not vice-versa.
    Native blockchain without any lightning networks, validators or off-blockchain solutions.

DERO-DAG(Directed Acyclic Graph): DERO Atlantis will be DERO-DAG based. DERO-DAG is mineable, POW based, fully linear with same level of security as blockchain.
No orphans, scalability limits defined by resources(Compute, Network, Storage etc.)

Client Protocol: It handles same transactions mined by two different miners in different blocks mostly due to luck/Network lag.

Bulletproofs: Smaller transaction sizes for CryptoNote Protocol.

Ultra Compact Blocks: Faster block propagation times and low network usage.

Core progress on track.
Explorer, wallets too are being re-written to handle Atlantis.

In another 15 days Atlantis will be released for alpha-tests and Hopefully before next monthly update we would be on Atlantis.

https://forum.dero.io/t/dero-monthly-update/446
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May 22, 2018, 01:06:04 PM
 #19053

interesting design with advanced parceling elsewhere operation. whether anyone retentive a dozens of btc, he'll receive a crowded share of BYTEBALL
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May 22, 2018, 01:32:59 PM
 #19054

How many more weeks for the signature campaign?

I guess two more weeks, Big Naturals.
As yahoo62278 said in bounty topic, the Byteball signature campaign will last for one more months. After that day, the campaign has lasted two more weeks, including the current one. That means it will last for only two more weeks if tonych won't decide to expand it a bit more weeks.

What you are telling is incorrect. The date Yahoo said that it will go on for one more month, after that 4 paying cycles have already ended. And 4 paying cycles = 1month.

So it should end by now if what yahoo said was followed, but I don't think even yahoo knows if this campaign will continue or not. Wait for Tony's message to yahoo that will make things further clear.

Here is the quote from yahoo62278: https://bitcointalk.org/index.php?topic=3162547.msg35498174#msg35498174:

Just spoke with Tony and he says this will last probably another month

The important thing in that message is probably so actually nobody knows. A month has passed already and the campaign seems to be carrying on. The last week will very likely be announced as such by yahoo62278 at the the beginning of that week, or a coupla days before its end. I'm wondering why it matters to know when the campaign will finish ...

bitcointrader56
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May 22, 2018, 03:18:51 PM
 #19055

Well I dont really care about paid fees, the fact of airdrop cancelation upset me, but o foumd bytelucky nbot in a the wallet.. and getin fun)
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May 22, 2018, 03:21:07 PM
 #19056

I like it! don't know how but I won some bytes pofcourse I spend for tickets. you can easy try it in your wallet using bot store.... it is hard to explaine, I did not get the main pattern how does it exactly work)
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May 22, 2018, 08:24:09 PM
 #19057

I like it! don't know how but I won some bytes pofcourse I spend for tickets. you can easy try it in your wallet using bot store.... it is hard to explaine, I did not get the main pattern how does it exactly work)
Is LuckyBytes working for you?  It is not working for me.

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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May 22, 2018, 09:26:13 PM
 #19058

Monero, Zcash and Dash are being delisted from Coincheck under pressure from Japanese authorities. An opportunity for Blackbytes?

https://medium.com/@byteballjesus/monero-zcash-and-dash-are-being-delisted-under-pressure-from-japanese-authories-a8933cf4736a

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May 22, 2018, 10:23:28 PM
 #19059

Monero, Zcash and Dash are being delisted from Coincheck under pressure from Japanese authorities. An opportunity for Blackbytes?

https://medium.com/@byteballjesus/monero-zcash-and-dash-are-being-delisted-under-pressure-from-japanese-authories-a8933cf4736a

If Japanese authorities pressurize Coincheck to delist privacy-focussed coins, then the exchanges will think twice before adding more privacy-focussed coins. I am not sure how listing blackbytes on an exchange would work, but I do not think Coincheck would be the first one..


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May 23, 2018, 01:11:45 AM
 #19060

If Japanese authorities pressurize Coincheck to delist privacy-focussed coins, then the exchanges will think twice before adding more privacy-focussed coins. I am not sure how listing blackbytes on an exchange would work, but I do not think Coincheck would be the first one..
I think you'll find he means that it is an opportunity (to promote?) using the P2P privacy-based Blackbytes... as opposed to using exchange-based coins. In other words "Use blackbytes!"... NOT "Get blackbytes listed on an exchange"

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