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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1233886 times)
goldart
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June 15, 2018, 10:17:10 PM
 #19201

Real name attestation bot reactivated, now it pays rewards to smart contracts
https://medium.com/byteball/distribution-to-verified-users-and-referrals-episode-ii-29b6f1cd4ecc
This is so cool! The devs concentrate their work to increase adoption with a wide range of features. I personally like experiments in crypto sphere.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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SalmaBR
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June 15, 2018, 10:38:33 PM
 #19202

Nice and great idea I like the project.. also where is the windows wallet
ByteFan
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June 16, 2018, 04:21:11 AM
 #19203

Blackbytes Bytes Exchange BEEB is offering you 1,000,000 Bytes!

Trade BlackBytes on BEEB! - https://beeb-bot.com



Note: the following link can be claimed only once.

Here is your link to receive 1,000,000 Bytes: https://www.beeb-bot.com/textcoinclaim.php#textcoin?blame-lizard-reveal-pride-punch-alter-share-put-piano-blossom-old-rib
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June 16, 2018, 05:58:58 AM
 #19204

i have a question with the name attestation ... the money to user and referer will be pay in one year Huh
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June 16, 2018, 08:47:17 AM
 #19205

To celebrate the World-Cup, the betting-bot has been translated in several languages.



Please spread the word in your language!

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
muleroaa
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June 16, 2018, 04:12:24 PM
 #19206

To celebrate the World-Cup, the betting-bot has been translated in several languages.



Please spread the word in your language!

That's pretty cool, good job. Are there any statistics available for the usage of the betting-bot? Interested to know if it comes close to the average betting crypto betting sites and if people are able to find their way to the bot or that some marketing might be a good idea to stimulate the usage.

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Freefactomizer
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June 16, 2018, 04:47:35 PM
 #19207


That's pretty cool, good job. Are there any statistics available for the usage of the betting-bot? Interested to know if it comes close to the average betting crypto betting sites and if people are able to find their way to the bot or that some marketing might be a good idea to stimulate the usage.

So far 3890 bets have been made through the betting-bot for 8 months of activity, it's certainly far from well known betting sites and of course any marketing is welcomed.
At the beginning the activity was really weak but nothing was really mature and some problems were to be fixed both on sports-oracle and betting-bot. Now everything runs quite smoothly and there is a nice growing trend than began 1 month ago when makers were offered the possibility to automatize their odds offers placement (check https://github.com/Papabyte/betting-bot-API).
With the World Cup, we have now around 60 unique users every single day. I hope that at this point the word will spread and we will see more grow. After all some ICOs get millions to create trustless betting platforms and we are still waiting for their delivery. But thanks to the efficiency and simplicity of Byteball, a one guy army was able to propose such a platform with an unbeatable easiness and extremely low fees.
One issue left is that for now the platform is not trustless for makers, but I have some idea to fix that in a way that is only possible with Byteball.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
Scooby903
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June 16, 2018, 07:17:50 PM
 #19208

can someone make tutorials on youtube how to use all the features of byteball? that would be helpful to everyone interested and invested
altcoinb
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June 16, 2018, 07:41:26 PM
 #19209


That's pretty cool, good job. Are there any statistics available for the usage of the betting-bot? Interested to know if it comes close to the average betting crypto betting sites and if people are able to find their way to the bot or that some marketing might be a good idea to stimulate the usage.

So far 3890 bets have been made through the betting-bot for 8 months of activity, it's certainly far from well known betting sites and of course any marketing is welcomed.
At the beginning the activity was really weak but nothing was really mature and some problems were to be fixed both on sports-oracle and betting-bot. Now everything runs quite smoothly and there is a nice growing trend than began 1 month ago when makers were offered the possibility to automatize their odds offers placement (check https://github.com/Papabyte/betting-bot-API).
With the World Cup, we have now around 60 unique users every single day. I hope that at this point the word will spread and we will see more grow. After all some ICOs get millions to create trustless betting platforms and we are still waiting for their delivery. But thanks to the efficiency and simplicity of Byteball, a one guy army was able to propose such a platform with an unbeatable easiness and extremely low fees.
One issue left is that for now the platform is not trustless for makers, but I have some idea to fix that in a way that is only possible with Byteball.

I am one of the 60 unique users  Grin
but after i set a bet to "germany vs mexico tomorrow",
the game has disappeared.

No other guy can set a bet for this game.
You can find it only with enter in the bot:
Quote
GERMANY_MEXICO_2018-06-17§1 win
or GERMANY_MEXICO_2018-06-17§2 draw
or GERMANY_MEXICO_2018-06-17§3 lose

why?
Freefactomizer
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June 16, 2018, 08:01:15 PM
 #19210

I am one of the 60 unique users  Grin
but after i set a bet to "germany vs mexico tomorrow",
the game has disappeared.

No other guy can set a bet for this game.
You can find it only with enter in the bot:
Quote
GERMANY_MEXICO_2018-06-17§1 win
or GERMANY_MEXICO_2018-06-17§2 draw
or GERMANY_MEXICO_2018-06-17§3 lose

why?

Thanks for your finding. It's a bug that can happen when an outcome is out of liquidity, I will fix it tomorrow.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
jjacob
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June 16, 2018, 08:10:53 PM
 #19211


That's pretty cool, good job. Are there any statistics available for the usage of the betting-bot? Interested to know if it comes close to the average betting crypto betting sites and if people are able to find their way to the bot or that some marketing might be a good idea to stimulate the usage.

So far 3890 bets have been made through the betting-bot for 8 months of activity, it's certainly far from well known betting sites and of course any marketing is welcomed.
At the beginning the activity was really weak but nothing was really mature and some problems were to be fixed both on sports-oracle and betting-bot. Now everything runs quite smoothly and there is a nice growing trend than began 1 month ago when makers were offered the possibility to automatize their odds offers placement (check https://github.com/Papabyte/betting-bot-API).
With the World Cup, we have now around 60 unique users every single day. I hope that at this point the word will spread and we will see more grow. After all some ICOs get millions to create trustless betting platforms and we are still waiting for their delivery. But thanks to the efficiency and simplicity of Byteball, a one guy army was able to propose such a platform with an unbeatable easiness and extremely low fees.
One issue left is that for now the platform is not trustless for makers, but I have some idea to fix that in a way that is only possible with Byteball.

3890 bets in 8 months? That is less than 15 bets a day. We still have a long way to go.
The World Cup is just what we need to really take off. Hopefully the 60 unique users that we are getting now will stick around after the World Cup gets over.


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eerygarden
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June 17, 2018, 06:48:41 AM
 #19212

The value of GBYTE in 12 months depends on the number of new actual users and what they do to promote the platform. I think that's something to keep in mind
potapo
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June 17, 2018, 07:28:23 AM
 #19213

Blackbytes Bytes Exchange BEEB is offering you 1,000,000 Bytes!

Trade BlackBytes on BEEB! - https://beeb-bot.com



Note: the following link can be claimed only once.

Here is your link to receive 1,000,000 Bytes: https://www.beeb-bot.com/textcoinclaim.php#textcoin?blame-lizard-reveal-pride-punch-alter-share-put-piano-blossom-old-rib
Will it be able to restore the price of over $ 1,000 for a coin so that I can recoup my bad investments?

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June 17, 2018, 11:45:42 AM
 #19214


That's pretty cool, good job. Are there any statistics available for the usage of the betting-bot? Interested to know if it comes close to the average betting crypto betting sites and if people are able to find their way to the bot or that some marketing might be a good idea to stimulate the usage.

So far 3890 bets have been made through the betting-bot for 8 months of activity, it's certainly far from well known betting sites and of course any marketing is welcomed.
At the beginning the activity was really weak but nothing was really mature and some problems were to be fixed both on sports-oracle and betting-bot. Now everything runs quite smoothly and there is a nice growing trend than began 1 month ago when makers were offered the possibility to automatize their odds offers placement (check https://github.com/Papabyte/betting-bot-API).
With the World Cup, we have now around 60 unique users every single day. I hope that at this point the word will spread and we will see more grow. After all some ICOs get millions to create trustless betting platforms and we are still waiting for their delivery. But thanks to the efficiency and simplicity of Byteball, a one guy army was able to propose such a platform with an unbeatable easiness and extremely low fees.
One issue left is that for now the platform is not trustless for makers, but I have some idea to fix that in a way that is only possible with Byteball.
still not safe for big bets. You need to hope that oracle doesn't take your bet. In case of a big loss he can post  fake results in the DAG
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June 17, 2018, 12:00:37 PM
 #19215

still not safe for big bets. You need to hope that oracle doesn't take your bet. In case of a big loss he can post  fake results in the DAG

The probability of this event is negligible compared to the probability that the team you chose actually loses.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
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June 17, 2018, 01:01:14 PM
Last edit: June 17, 2018, 01:16:50 PM by pineapple express
 #19216

still not safe for big bets. You need to hope that oracle doesn't take your bet. In case of a big loss he can post  fake results in the DAG

The probability of this event is negligible compared to the probability that the team you chose actually loses.
this is not trustless. Like an ordinary bookie. The pain of centralization moved from administrator of the bookie to oracle, The probability depends on the volume and the greed of oracle. No one knows will it happens at $1m or 100m or 10k volume. There is also the risk of hacking an oracle
Freefactomizer
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June 17, 2018, 01:19:19 PM
 #19217

still not safe for big bets. You need to hope that oracle doesn't take your bet. In case of a big loss he can post  fake results in the DAG

The probability of this event is negligible compared to the probability that the team you chose actually loses.
this is not trustless. Like an ordinary bookie. The pain of centralization moved from administrator of the bookie to oracle, The probability depends on the volume and the greed of oracle. No one knows will it happens at $1m or 100m or 10k volume. There is also the risk of hacking an oracle

You can use several oracles in a same contract.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
altcoinb
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June 17, 2018, 01:24:36 PM
 #19218

still not safe for big bets. You need to hope that oracle doesn't take your bet. In case of a big loss he can post  fake results in the DAG

The probability of this event is negligible compared to the probability that the team you chose actually loses.
this is not trustless. Like an ordinary bookie. The pain of centralization moved from administrator of the bookie to oracle, The probability depends on the volume and the greed of oracle. No one knows will it happens at $1m or 100m or 10k volume. There is also the risk of hacking an oracle

You can use several oracles in a same contract.

But in the moment we have only one sport oracle, or?
What is with the smart contract, if a game is cancel?
pineapple express
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June 17, 2018, 01:33:12 PM
 #19219

still not safe for big bets. You need to hope that oracle doesn't take your bet. In case of a big loss he can post  fake results in the DAG

The probability of this event is negligible compared to the probability that the team you chose actually loses.
this is not trustless. Like an ordinary bookie. The pain of centralization moved from administrator of the bookie to oracle, The probability depends on the volume and the greed of oracle. No one knows will it happens at $1m or 100m or 10k volume. There is also the risk of hacking an oracle

You can use several oracles in a same contract.
this is impossible, because in case of their disagreement, you can't come to a single result
Freefactomizer
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June 17, 2018, 01:49:05 PM
 #19220

But in the moment we have only one sport oracle, or?
What is with the smart contract, if a game is cancel?


For the moment Byteball isn't decentralized, so since you trust Tony as operator of all witnesses you can trust him as bot operator.
If the game is canceled, the bot sweeps the bytes after 5 days and refunds both parties.

You can use several oracles in a same contract.
this is impossible, because in case of their disagreement, you can't come to a single result
You can make a condition like 2 of 3 oracles, it's also possible to have one oracle operated by several entities using a multisignature address.
Any other FUD ?

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
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