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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1161852 times)
altcoinb
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June 17, 2018, 01:24:36 PM
 #19361

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?

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pineapple express
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June 17, 2018, 01:33:12 PM
 #19362

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
 #19363

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 ?

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Byteball Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
CEOKEY
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June 17, 2018, 01:55:26 PM
 #19364

In BYBEBALL, the user is protected in all transactions. It can be said that privacy is always guaranteed when personal payments are not made public for a public database. Free distribution is also an advantage for BYTEBALL.

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June 17, 2018, 02:00:25 PM
 #19365

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 ?
what mechanism prevents collusion of 2 oracles?
lookuper
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June 17, 2018, 02:37:52 PM
 #19366

if you search "byteball" in the google news site, you cant find any news for byteball (only shit investor trade spam whatever).
The problem is many peoples of the world use this google service.  This is very bad. Is this a spam for block the word? How we can fix it?
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June 18, 2018, 01:10:04 AM
 #19367

Hey all I was wondering how many % of total gbyte supply has been distributed as of today?

I saw the airdrop has completed 65% distribution, but not sure about the other bounties. Anyone?

This time it's different.
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June 18, 2018, 01:40:05 AM
 #19368

Hey all I was wondering how many % of total gbyte supply has been distributed as of today?

I saw the airdrop has completed 65% distribution, but not sure about the other bounties. Anyone?

I believe the other bounties are negligible.
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June 18, 2018, 02:17:36 AM
 #19369

Anyone know how to use bytes to bet for World Cup Matches?
Thanks for your hints.
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June 18, 2018, 03:59:03 AM
 #19370

Anyone know how to use bytes to bet for World Cup Matches?
Thanks for your hints.


1, open the byteball
2, in the bot store, select and add the "Betting Bot"
3, open "Betting bot" conversation, type "help" and click send button. (if you want, you can select/click preference to choose your language)
4, you can select to only show football games by click the listed icons
5, then it will show all the games and their odds,  like "1.5 - 3.13 - 6.66"  ,  each of these three float numbers can be clicked, they means "win", "draw" and "lose".
6, then when you click one of the "win", "draw" and "lose",  you can now follow the instructions.
Freefactomizer
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June 18, 2018, 08:03:39 AM
 #19371

Anyone know how to use bytes to bet for World Cup Matches?
Thanks for your hints.

Pair with the bot: https://www.youtube.com/watch?v=giFB8DUALGk
Place a bet: https://www.youtube.com/watch?v=ckefX4O27DQ
Get your gain if you've won: https://www.youtube.com/watch?v=vvKBCfzVVtw

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Byteball Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
sufcrop11
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June 18, 2018, 02:11:05 PM
 #19372

If you were anxiously waiting for them to reopen, it's new news. If you hadn't heard that Silent Notary were having their ICO on the Byteball platform, it's old news ;-)
operabit
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June 18, 2018, 02:14:57 PM
 #19373

Anyone know how to use bytes to bet for World Cup Matches?
Thanks for your hints.

Pair with the bot: https://www.youtube.com/watch?v=giFB8DUALGk
Place a bet: https://www.youtube.com/watch?v=ckefX4O27DQ
Get your gain if you've won: https://www.youtube.com/watch?v=vvKBCfzVVtw

It seems interesting for leisure activities, as long as the 2018 world cup is still long making profit seems like everyone's wish.
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June 18, 2018, 05:01:35 PM
 #19374

Betting regularly with the P2P Betting Bot on the World Cup. So far so good (and a bit of extra GBYTEs).
The only thing I would work on for the future is the possibility of placing multiple bets instead of singles. (parlays Wink )
But that's good for now

I am not interested in preserving the status quo; I want to overthrow it. Niccolò Machiavelli
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June 19, 2018, 09:47:23 AM
 #19375

New managers, ambassadors and ICO’s (Byteball email newsletter)
https://medium.com/@byteballjesus/new-managers-ambassadors-and-icos-byteball-email-newsletter-badd5808a1c

GSC Platform ─ ✈ ─ Navigate To The Heart Of A Revolution
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meterse
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June 19, 2018, 03:55:50 PM
 #19376

Watch Masha trying to buy crypto on her own for the first time (Part 3, final attempt!) https://youtu.be/hzc45W2UQ-M
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June 19, 2018, 04:25:37 PM
 #19377


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.

That's a good start and some nice growth already too. Great use case for Byteball and cool to see what a one man army can develop on the platform. I will share it with my trading group too Smiley

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June 19, 2018, 04:32:04 PM
 #19378

Betting regularly with the P2P Betting Bot on the World Cup. So far so good (and a bit of extra GBYTEs).
The only thing I would work on for the future is the possibility of placing multiple bets instead of singles. (parlays Wink )
But that's good for now

Do you have any idea who is actually posting those odds? I can't tell whether people are actually betting against each other or if there is a well capitalised bookie that set's the lines.
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June 19, 2018, 11:56:17 PM
 #19379

Jeez this coin has managed to drop to 112 on CMC  Angry Angry Angry

From 1000$ to 120$ in absolute value, but that is not the issue in a bear market, the issue is that this coin has gone from page 1 on CMC to page 2, and is going into oblivion fast.

Byteball is the leading coin with DAG algorithm and a great wallet and so on. It takes a lot of idiocy and bad marketing to run it into the ground like this.

Having such a small market cap is a major knee jerk, I am 100% sure it would be among the first 30 coins if it was listed in MBYTE instead of GBYTE...

MUCH MUCH MUCH MUCH crappier coins are further up.  Embarrassed Cry

Truth is the new hatespeech.
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June 20, 2018, 02:57:49 AM
 #19380

Anyone know how to use bytes to bet for World Cup Matches?
Thanks for your hints.

You can check here are several betting platforms:
https://papabyte.com/byteball-sport-betting-bot.html

Pairing with the chatbot
In order to use the betting bot, you need to pair with it. To do so, click on: Chat > Bot Store > Betting bot (Semi-trustless) > Open chat. Once paired you can access it at any time from Chat > Contacts.
Detailed tutorials can be found here:
https://wiki.byteball.org/Sports_betting#Betting_bot


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