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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1161275 times)
zuzuca
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July 29, 2018, 02:59:10 PM
 #19741

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?lizard-brand-valid-awake-blind-tooth-hobby-hurry-front-female-loyal-alone
yup...this link is legit.. if you click it will get 1,000,000 bytes. not much but it's ok.
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barborrico
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July 29, 2018, 05:33:48 PM
Last edit: July 29, 2018, 06:25:49 PM by barborrico
 #19742

any news about to resume the Byte distribution for WCG?

If the distribution continue in dollar terms and unlimited bytes per day, there is a potential for further price erosion because there is no cap on bytes distribution.
However if the distribution is cap in bytes per day, the distribution will become profitable overtime organically.

This new model of distribution bytes in dollars terms without cap is hurting the price in top of the lack of liquidity because of lack of exchanges.

If the byteball price continue south you ends up distributing more bytes, and if the bytes distributed hit the market the price will depreciate even more, then the next day the distribution of byte will be more, and so on...

I am not against airdrop, or any distribution method. But the amount of bytes distributed per day and years should be a fix number.
Potentially or theoretically all remaining bytes can be distributed in one day if the price of on Gbyte is 0.1 dollar.



This is not a problem. It is the consecuence of going against market.
If Byteball would have sticked to their word (by not cancelling airdrops), all bytes would have been distributed so long ago and we had stayed on top 10 from there to now.
There is no distribution method fair and simply. You have to choose one of two. Byteball chose second, and then broke his word. That is uncertainity.

In fact, this is the market helping Byteball distribution: lowering price to reduce $ amount to distribute.

If you add exchanges, you will only get temporal pumps and downtrend again. This effect will last until Byteball word can be trusted again or end of fund distribution. By trust I mean not changing rules because their are unfair or gamable:
Quote
Mass adoption requires wide distribution, that's why 98% of all bytes and blackbytes are to be distributed for free. The distribution is split into multiple rounds and in each round holders of BTC and Bytes are rewarded. The amounts you receive are proportional to your proven balances in BTC and Bytes on the next distribution date:

Even if you add exchanges you will not get rid of downtrend because:
- If the price goes up, actual distribution will last longer, with all uncertainity it carries.
- If the price goes down, actual distribution will end sooner.

However, airdropped amounts were not affected by price, only by bytes held and btc linked. That is certainity.

If all wcg devices would join wcg bytes distro, Byteball would be distributing around $8k per day. With a price of $140,around 60 GB per day, ending distribution in 10 years.

But if price drops all distribution methods speed up... then Byteball will, of course,  try to act as a central banker, and then... ByeBall.

Let there be light!
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July 29, 2018, 05:43:59 PM
 #19743

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?lizard-brand-valid-awake-blind-tooth-hobby-hurry-front-female-loyal-alone
yup...this link is legit.. if you click it will get 1,000,000 bytes. not much but it's ok.
This is a small amount for those who operate gigabytes.
Nevertheless, the time will come when 1Mb will become a decent amount.
I'll wait patiently for this time  Grin
Scooby903
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July 30, 2018, 10:02:40 AM
 #19744

promoted the byteball airdrop for steem users with a post on trending. Problem is that the refferall bytes don't hit my account, even if they registered through my link. Possible a bug, can someone please help me ?
Simss
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July 30, 2018, 11:53:00 AM
 #19745

The best way to earn bytes is to identify a use case that the Byteball platform can help solve. Then build a small business or whatever accepting bytes. Take a commission and earn your bytes instead of hunting "free money". It's a far more satisfying way to "get bytes"
meterse
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July 30, 2018, 09:21:31 PM
Merited by hopenotlate (1)
 #19746

Intrigued by the Byteball Witness system? Watch Milan Horvath of Byteball explaining the basics:

https://www.youtube.com/watch?v=N1aWPAm0SdY&feature=youtu.be
adaseb
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July 30, 2018, 10:27:17 PM
 #19747

It seems like something is brewing for this coin again.

Maybe its a potential listing somewhere like Binance.

Been looking at the hourly charts and there seems to be huge hidden buys walls and these buy balls are probably > 100+ BTC or so.

This was especially evident during a day when both BTC and most alts were crashing but GBYTE stayed positive.

The future looks good for Byteball.

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sailthor
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July 30, 2018, 11:27:16 PM
 #19748

It seems like something is brewing for this coin again.

Maybe its a potential listing somewhere like Binance.

Been looking at the hourly charts and there seems to be huge hidden buys walls and these buy balls are probably > 100+ BTC or so.

This was especially evident during a day when both BTC and most alts were crashing but GBYTE stayed positive.

The future looks good for Byteball.
Quit the FUD. We're getting 20 BTC daily volume which is absolutely nothing.

hassanchahrour
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July 31, 2018, 05:53:13 AM
 #19749

Any idea if a finger print option will be added to the app?? I like the password protect option for spend, but when I enable it I also have to put it in everytime I open the wallet app.
Because I've obviously chosen a complex password is annoying to have to input it everytime I open the app.
A fingerprint option would be ideal
Just providing feedback, other I love the app
hopenotlate
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July 31, 2018, 10:25:19 AM
 #19750

Intrigued by the Byteball Witness system? Watch Milan Horvath of Byteball explaining the basics:

https://www.youtube.com/watch?v=N1aWPAm0SdY&feature=youtu.be

Thanks for sharing : not being tech savvy it's often hard for me understanding techincal aspects but the author of the video explained in simple words complex (for me) concepts.

Xantrax
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July 31, 2018, 01:02:19 PM
 #19751

Didnt the byte founder stopped airdrops because he wanted something more long term. This move defeats the very purpose he had and its damaging the credibility of project.
bspus
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July 31, 2018, 02:57:11 PM
 #19752

Didnt the byte founder stopped airdrops because he wanted something more long term. This move defeats the very purpose he had and its damaging the credibility of project.

I think he wanted to spread the funds out. Something that was not gonna happen by airdropping to the same people over and over.
Not saying that the other methods have proved so successful. The whole process has taken way too long. I just wish they could be done with it and move on.

Alcibiades Agnes
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July 31, 2018, 03:50:43 PM
 #19753

since we now have an id system in byteball, we have name and country of residence  and picture ID recorded on the DAG.
Is it a good time to run a voting system for proposal?
Like which youtube video of byteball of the month is best and give a regard to the winner and we all make a vote.

By the way, which project of Venezuela Simon Bolivar University won the contest, how you selected, can we the community be part of that next time, by voting? About what the different projects were about? Where were they published? Is it a secret strategy?

All tsunamis start with a ripple. Since July 12 more than 48,000 Steem users have chosen to ride the Byteball wave!

You can see the live data here https://byteball.co/attestors


My mobile byteball wallet (android, 2.4.2 light) still doesn't show the steem att bot, looks like the bot store stopped updating, what could be wrong with it   Huh
xfunk
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July 31, 2018, 04:29:00 PM
 #19754

Is there any moves happening from devs on decentralisation of the network?

Cent21
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July 31, 2018, 07:34:46 PM
 #19755


I'm still unable to chat with bots using the android wallet... I get this error: "javascript error: uncaught TypeError: type error"

Maybe this happen after the last update.

Anyone is having the same problem?

Xantrax
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July 31, 2018, 08:51:09 PM
 #19756

Didnt the byte founder stopped airdrops because he wanted something more long term. This move defeats the very purpose he had and its damaging the credibility of project.
meterse
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August 01, 2018, 12:58:26 AM
 #19757

Read last week's Byteball email newsletter: Steem/Byteball integration surpasses 49,000 users (update, now closer to 53,000)

https://medium.com/@byteballjesus/weekly-byteball-email-newsletter-steem-byteball-integration-surpasses-49-000-users-df4634664acb

jhenfelipe
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August 01, 2018, 01:38:54 AM
 #19758


I'm still unable to chat with bots using the android wallet... I get this error: "javascript error: uncaught TypeError: type error"

Maybe this happen after the last update.

Anyone is having the same problem?
I have the updated version and have tried the exchange bot yesterday, it's working fine in my end. Have you tried chatting the other bots to see whether the problem exists for all? I wonder if there's a bug in this version, because someone else has a problem previously, he can't see a specific bot in the Bot store for some time.

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meterse
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August 01, 2018, 02:14:32 AM
 #19759

Didnt the byte founder stopped airdrops because he wanted something more long term. This move defeats the very purpose he had and its damaging the credibility of project.

the new distributions of locking % of funds in smart contracts and distributing to people with reputation on other platforms is working. note Steem was the first large scale time we have done this. more are coming soon
meterse
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August 01, 2018, 02:18:09 AM
 #19760

Didnt the byte founder stopped airdrops because he wanted something more long term. This move defeats the very purpose he had and its damaging the credibility of project.

I think he wanted to spread the funds out. Something that was not gonna happen by airdropping to the same people over and over.
Not saying that the other methods have proved so successful. The whole process has taken way too long. I just wish they could be done with it and move on.

its taken long because we couldnt find a good model that went viral until we tried Steem, and that only started 3 weeks go. The original btc distirubtions went well early on but stopped growing the community. Dont forget, unspent funds are a major strengeth byteball has vs virutally all other crypto projects. And now we are locking a % in a smart contract for 12 months to lessen the dumping effect previous distros had. The future is looking much brighter for byteball than most alt coins
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