Obyte: Totally new consensus algorithm + private untraceable payments

[Kavallo]

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.

[1680173766]

1680173766

[CryptoRobert]

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]

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]

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]

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.

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]

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]

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.

 https://www.meetup.com/BlockchainBarcelona/events/253979032/

[grzem]

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

[ByteFan]

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]

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]

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]

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
See my Byteball: Blackbytes FAQ.

[Xabier. Pineda]

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]

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]

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 

[jjacob]

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
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.

[maco144]

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?

[GamEth]

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]

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]

Smart contract platforms are not all the same.