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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1232518 times)
Kavallo
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September 17, 2018, 07:53:31 AM
 #20101

To scale down the denomination of Byteball on exchanges (from Gigabytes to Megabytes or lower) has been debated for a while now, mainly for reasons of marketing. But someone has pointed out that there are deeper reasons for doing that: to define a Byteball unity as 1 Gigabyte would be like defining an unity of dollar as 1 Million $. Of course this does not make any sense if you are looking for mass adoption, like Byteball is:

Ordinary investors don't really think that deeply. A lot of them just go out and buy the cheapest coin they can find, hoping it will explode like Bitcoin. We need those investors, just like we need the true believers of Byteball.
Denominating GB as the basic unit of Byteball ensures that they pass on.

You are sharing my same opinion without fully realizing it. In fact, not many of the community seem to have understood my post. As soon as you post something just a bit out of the usual common places and stereotypes people look at you as a fool (or an hopium smoker). Even here in the crypto world. Even here in the Byteball community. Sad.
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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CryptoRobert
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September 17, 2018, 08:14:09 AM
 #20102

Thanks to Genievot from the Byteball Community for another great tutorial - how to create a web page that sends bytes to any Byteball account.

https://steemit.com/utopian-io/@genievot/byteball-js-tutorials-2-create-a-web-page-that-sends-bytes-to-any-byteball-account-1535960188987

I have read this piece and it's surely interesting, but I've failed to understand a number of things, including the exact use of this, ie a good contextualization of this technique. It looks like a tutorial for people who can already do what he is explaining and already know why they would want to do that. Perhaps Genievot could have got deeper in his explaination.
afbitcoins
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September 17, 2018, 08:49:47 PM
 #20103

Thanks to Genievot from the Byteball Community for another great tutorial - how to create a web page that sends bytes to any Byteball account.

https://steemit.com/utopian-io/@genievot/byteball-js-tutorials-2-create-a-web-page-that-sends-bytes-to-any-byteball-account-1535960188987

I think that link is broken
altcoinb
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September 17, 2018, 08:55:38 PM
 #20104

Thanks to Genievot from the Byteball Community for another great tutorial - how to create a web page that sends bytes to any Byteball account.

https://steemit.com/utopian-io/@genievot/byteball-js-tutorials-2-create-a-web-page-that-sends-bytes-to-any-byteball-account-1535960188987

I think that link is broken
Steemit is more than 1h offline...
afbitcoins
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September 17, 2018, 08:55:44 PM
 #20105

To scale down the denomination of Byteball on exchanges (from Gigabytes to Megabytes or lower) has been debated for a while now, mainly for reasons of marketing. But someone has pointed out that there are deeper reasons for doing that: to define a Byteball unity as 1 Gigabyte would be like defining an unity of dollar as 1 Million $. Of course this does not make any sense if you are looking for mass adoption, like Byteball is:

Ordinary investors don't really think that deeply. A lot of them just go out and buy the cheapest coin they can find, hoping it will explode like Bitcoin. We need those investors, just like we need the true believers of Byteball.
Denominating GB as the basic unit of Byteball ensures that they pass on.

You are sharing my same opinion without fully realizing it. In fact, not many of the community seem to have understood my post. As soon as you post something just a bit out of the usual common places and stereotypes people look at you as a fool (or an hopium smoker). Even here in the crypto world. Even here in the Byteball community. Sad.

I disagree about needing to change the denomonation. 1 bitcoin is a large sum of money but that doesn't do it any harm. The unit of GByte is quite convenient and nowhere near as big an amount as 1 bitcoin. The denomination is not the problem. If the price rises to millions of dollars we seemlessly start quoting in lesser amounts. Its no big deal, when theres a need.

Quote
A lot of them just go out and buy the cheapest coin they can find, hoping it will explode like Bitcoin. We need those investors, just like we need the true believers of Byteball.

This is true, we need those investors. The distribution has chased those investors away. For the time being. Savvy investors who like byteball will not buy now they will wait until the distribution is ending. There is no incentive to invest now while supply still needs to increase by 30 to 40% Or they give up bored if it becomes the never ending story.
JanpriX
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Buy The F*cking Dip


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September 17, 2018, 10:52:36 PM
 #20106

Thanks to Genievot from the Byteball Community for another great tutorial - how to create a web page that sends bytes to any Byteball account.

https://steemit.com/utopian-io/@genievot/byteball-js-tutorials-2-create-a-web-page-that-sends-bytes-to-any-byteball-account-1535960188987

I have read this piece and it's surely interesting, but I've failed to understand a number of things, including the exact use of this, ie a good contextualization of this technique. It looks like a tutorial for people who can already do what he is explaining and already know why they would want to do that. Perhaps Genievot could have got deeper in his explaination.
What you just experienced with that Steemit article is just normal because that specific tutorial requires prior knowledge with the following (which is also stated at the start of the article):
Code:
Basic understanding of HTML is required
Basic understanding of Javascript and Materialize css.
Any text editor (Atom, VS code, etc.)
Javascript supported any Web browser with an updated version (e.g. Chrome, Mozilla Firefox, edge etc.)
This tutorial is for those who have basic knowledge on the list above but hopefully, this will not hinder other people to learn something new from it.
meterse
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September 18, 2018, 12:27:54 AM
 #20107

Tapas vs tacos, that decision is easy (well at least for the Spanish). But how about DAG vs blockchain? Expect this to be covered at the upcoming Byteball meetup in Barcelona September 25. Register now, free to attend but limited spaces are up for grabs.


grzem
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September 18, 2018, 01:19:08 AM
 #20108

Cryptox has 66% of total GBYTE volume last 24 hours.
https://coinlib.io/coin/GBYTE/Byteball

Since 2 years https://cryptox.pl low fees, no KYC.
ByteFan
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September 18, 2018, 05:43:01 AM
Merited by LoyceV (1)
 #20109

Your attention please. Due to lack of activity BEEB is going to close by the end of october.

Use 'w' to widthdraw a Blackbyte batch or just reclaim your bytes from the smart contract if you have a bid order.

Thank you to thoses who supported the bot.
sailthor
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September 18, 2018, 05:56:37 AM
 #20110

Your attention please. Due to lack of activity BEEB is going to close by the end of october.

Use 'w' to widthdraw a Blackbyte batch or just reclaim your bytes from the smart contract if you have a bid order.

Thank you to thoses who supported the bot.

Sucks theres no use for blackbytes -- even Tony stopped distributing them

altcoinb
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September 18, 2018, 08:54:21 AM
 #20111

Sucks theres no use for blackbytes -- even Tony stopped distributing them
What is with the undistributed blackbytes?
Maybe is a airdrop for hold bytes a way?
LoyceV
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September 18, 2018, 08:57:36 AM
 #20112

I've suggested it before, and I'll suggest it again: I'd like to see (or manage!) a signature campaign paid in Blackbytes, to promote the most private currency ever. It's so private, barely anyone knows about it Cheesy
See my Byteball: Blackbytes FAQ.

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Xabier. Pineda
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September 18, 2018, 09:06:39 AM
 #20113

Thanks to Genievot from the Byteball Community for another great tutorial - how to create a web page that sends bytes to any Byteball account.

https://steemit.com/utopian-io/@genievot/byteball-js-tutorials-2-create-a-web-page-that-sends-bytes-to-any-byteball-account-1535960188987

I think that link is broken
Steemit is more than 1h offline...

I am experimenting  this issue more often than norma
pineapple express
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September 18, 2018, 10:22:36 AM
Last edit: September 18, 2018, 10:37:21 AM by pineapple express
 #20114

no community, no partnerships, no adoption, no scalability, no decentralization, no ddos protection, no icos, no dapps, no merchants, no usage, dead blackbytes, no exchanges, no usd pair, no liquidity, no worldwide distribution, -99% ath, bytball is crypto 3.0. What's next bytball?
D3m0nKinGx
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The snake which cannot cast its skin has to die


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September 18, 2018, 10:56:50 AM
 #20115

no community, no partnerships, no adoption, no scalability, no decentralization, no ddos protection, no icos, no dapps, no merchants, no usage, dead blackbytes, no exchanges, no usd pair, no liquidity, no worldwide distribution, -99% ath, bytball is crypto 3.0. What's next bytball?

Put a big buy order at 1 sat and hope for a 2x  Cheesy

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jjacob
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September 18, 2018, 11:38:54 AM
 #20116

I've suggested it before, and I'll suggest it again: I'd like to see (or manage!) a signature campaign paid in Blackbytes, to promote the most private currency ever. It's so private, barely anyone knows about it Cheesy
See my Byteball: Blackbytes FAQ.

That is a pretty good idea. We don't need blackbytes to become worthless because of flawed distribution methods.
A signature campaign would generate some buzz. It won't be comparable to airdrops, but it will be effective publicity never the less.


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September 18, 2018, 01:58:20 PM
 #20117

If I create an asset on byteball platform there is no means to have the asset becoming blacklisted? If for some reason the asset wasnt considered wanted on the dag is there a way to have it be shut out?
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September 18, 2018, 02:01:24 PM
 #20118

what is happening with the partnerships with merchant ?
with Gbytes distributions ?

Where is this project heading, does someone know and can resume the situation here ?

Thx !
boomboom
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September 19, 2018, 12:53:48 AM
 #20119

no community, no partnerships, no adoption, no scalability, no decentralization, no ddos protection, no icos, no dapps, no merchants, no usage, dead blackbytes, no exchanges, no usd pair, no liquidity, no worldwide distribution, -99% ath, bytball is crypto 3.0. What's next bytball?

Why so negative bro, byteball has one of the best devs in crypto, and we're in the middle of a bear market so every coin is getting squeezed in all those same areas. Compared to Most crypto byteball is still one of the best choices, just need to finish the distribution, which will happen eventually.
meterse
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September 19, 2018, 04:37:10 AM
 #20120

Smart contract platforms are not all the same.

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