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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1216158 times)
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September 21, 2018, 12:38:47 AM
Last edit: September 21, 2018, 12:52:10 AM by afbitcoins
 #20201

The only thing which tonych cannot controll is PRICE

Another thing occured to me from your comment. Tonych cannot control price that is true, but he can influence it. Perhaps having the opposite effect than he intended though, (due to aforementioned lack of basic economic principles.) But he can influence it. He controls a good 30-40% of the supply at the moment. Via airdrops (helicopter money) (central bank style tinkering) he does influence the price a lot. So far this has been to the downside which begs the question.. Does Tony prefer the price low for reasons at this time unknown Or does Tony want the price high but keep doing the wrong thing?
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September 21, 2018, 12:39:50 AM
 #20202

Will drop my two cents.

I meet Tonych personally with another team member at Bitkom in germany.
Byteball is clearly his project and as a main dev he does makes decisions which we all can accepted or not. The only thing which tonych cannot controll is PRICE

Tonych is great dev and delivers huge amount of work on regualr basis.
Maybe marketing is not the strongest part, maybe decision about airdrop was bad decision but please consider he build this from scratch.
Wallet is working without issue, smart contracts works without issue, there is huge market for altcoins and i do believe byteball will shine.

We goign through cycle which kills many alts. Kills even btc for 100th time. But so what? If product is good, and dev is still here than i dont see this to be a scam.

Just go to Masternode scene and check in there. 99.9% its pure scam.

Byteball is definatelly not a scam. Witnesses should be spreaded. Regardless of some opinions i do believe byteball will be back on track. And tech will win on long run.

I agree with a lot of what you say but..  Why are masternodes a scam? I disagree with that entirely. Provide some reasons for such a remark.  Dash masternodes were a terrific innovation and groundbreaking inspiring many copy cat ideas, not least the Governance and treasury

Back to byteball. YES the witnesses should be spread. And YES the tokens to be distributed.

mn are copy pasta pivx/dash/btc. nothing more. no innovation. like erc20

Dash developed masternodes. It didn't copy paste because the idea didn't exist.Think again
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September 21, 2018, 12:41:57 AM
 #20203

The only thing which tonych cannot controll is PRICE

Another thing occured to me from your comment. Tonych cannot control price that is ture, but he can influence it. Perhaps having the opposite effect than he intended though, (due to aforementioned lack of basic economic principles.) But he can influence it. He controls a good 30-40% of the supply at the moment. Via airdrops (helicopter money) (central bank style tinkering) he does influence the price a lot. So far this has been to the downside which begs the question.. Does Tony prefer the price low for reasons at this time unknown Or does Tony want the price high but keep doing the wrong thing?

Most likely he knows he cannot dictacte the price. And lack of any movement due to new announcements onyl proves marketing is poor or non existent.
Maybe if he start sponsoring stuff and maybe if he focus more on marketing would change a thing.
But i seriously think he just want tech to work and also he want deliver. Price eventually will catch up.

He could sell his 1% long time ago. but he didnt. which proves he is serious about project.
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September 21, 2018, 12:44:12 AM
 #20204

Will drop my two cents.

I meet Tonych personally with another team member at Bitkom in germany.
Byteball is clearly his project and as a main dev he does makes decisions which we all can accepted or not. The only thing which tonych cannot controll is PRICE

Tonych is great dev and delivers huge amount of work on regualr basis.
Maybe marketing is not the strongest part, maybe decision about airdrop was bad decision but please consider he build this from scratch.
Wallet is working without issue, smart contracts works without issue, there is huge market for altcoins and i do believe byteball will shine.

We goign through cycle which kills many alts. Kills even btc for 100th time. But so what? If product is good, and dev is still here than i dont see this to be a scam.

Just go to Masternode scene and check in there. 99.9% its pure scam.

Byteball is definatelly not a scam. Witnesses should be spreaded. Regardless of some opinions i do believe byteball will be back on track. And tech will win on long run.

I agree with a lot of what you say but..  Why are masternodes a scam? I disagree with that entirely. Provide some reasons for such a remark.  Dash masternodes were a terrific innovation and groundbreaking inspiring many copy cat ideas, not least the Governance and treasury

Back to byteball. YES the witnesses should be spread. And YES the tokens to be distributed.

mn are copy pasta pivx/dash/btc. nothing more. no innovation. like erc20

Dash developed masternodes. It didn't copy paste because the idea didn't exist.Think again

Geez , you really wnat to be so pedantic? dash -->pivx--> all MN at the monent. And yes, none of them solving anything. its huge fools game, sell to greater fool for as high as possible. end of. none of the MN projects brings anything new. There is not even step forward towards adoption. Nothing.  Presale of MN which only gives devs btc. Premine on most of them and then at certain point dump
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September 21, 2018, 12:49:10 AM
Last edit: September 21, 2018, 11:37:38 AM by afbitcoins
 #20205

Will drop my two cents.

I meet Tonych personally with another team member at Bitkom in germany.
Byteball is clearly his project and as a main dev he does makes decisions which we all can accepted or not. The only thing which tonych cannot controll is PRICE

Tonych is great dev and delivers huge amount of work on regualr basis.
Maybe marketing is not the strongest part, maybe decision about airdrop was bad decision but please consider he build this from scratch.
Wallet is working without issue, smart contracts works without issue, there is huge market for altcoins and i do believe byteball will shine.

We goign through cycle which kills many alts. Kills even btc for 100th time. But so what? If product is good, and dev is still here than i dont see this to be a scam.

Just go to Masternode scene and check in there. 99.9% its pure scam.

Byteball is definatelly not a scam. Witnesses should be spreaded. Regardless of some opinions i do believe byteball will be back on track. And tech will win on long run.

I agree with a lot of what you say but..  Why are masternodes a scam? I disagree with that entirely. Provide some reasons for such a remark.  Dash masternodes were a terrific innovation and groundbreaking inspiring many copy cat ideas, not least the Governance and treasury

Back to byteball. YES the witnesses should be spread. And YES the tokens to be distributed.

mn are copy pasta pivx/dash/btc. nothing more. no innovation. like erc20

Dash developed masternodes. It didn't copy paste because the idea didn't exist.Think again

Geez , you really wnat to be so pedantic? dash -->pivx--> all MN at the monent. And yes, none of them solving anything. its huge fools game, sell to greater fool for as high as possible. end of. none of the MN projects brings anything new. There is not even step forward towards adoption. Nothing.  Presale of MN which only gives devs btc. Premine on most of them and then at certain point dump

Sell to greater fool? What are you on about? Most masternode owners view as long term investment. Brings nothing new? In dash it brings native decentralised coin mixing; Instant send, governance and a treasury. The treasury can fund developers and marketing and more. In Dash the number of masternodes is currently near an all time high. People believe and invest in it. There is no dumping. Are you a closet monero investor by any chance?
meterse
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September 21, 2018, 01:05:21 AM
 #20206

Fellow cruncher - ramp up for the Thor Challenge!

Not on the team yet? Read the details and join other 875 Byteballers to compete and win!


https://steemit.com/byteball/@byteball.org/byteball-competes-in-world-community-grid-s-thor-challenge
s1lverbox
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September 21, 2018, 01:10:25 AM
 #20207

Will drop my two cents.

I meet Tonych personally with another team member at Bitkom in germany.
Byteball is clearly his project and as a main dev he does makes decisions which we all can accepted or not. The only thing which tonych cannot controll is PRICE

Tonych is great dev and delivers huge amount of work on regualr basis.
Maybe marketing is not the strongest part, maybe decision about airdrop was bad decision but please consider he build this from scratch.
Wallet is working without issue, smart contracts works without issue, there is huge market for altcoins and i do believe byteball will shine.

We goign through cycle which kills many alts. Kills even btc for 100th time. But so what? If product is good, and dev is still here than i dont see this to be a scam.

Just go to Masternode scene and check in there. 99.9% its pure scam.

Byteball is definatelly not a scam. Witnesses should be spreaded. Regardless of some opinions i do believe byteball will be back on track. And tech will win on long run.

I agree with a lot of what you say but..  Why are masternodes a scam? I disagree with that entirely. Provide some reasons for such a remark.  Dash masternodes were a terrific innovation and groundbreaking inspiring many copy cat ideas, not least the Governance and treasury

Back to byteball. YES the witnesses should be spread. And YES the tokens to be distributed.

mn are copy pasta pivx/dash/btc. nothing more. no innovation. like erc20

Dash developed masternodes. It didn't copy paste because the idea didn't exist.Think again

Geez , you really wnat to be so pedantic? dash -->pivx--> all MN at the monent. And yes, none of them solving anything. its huge fools game, sell to greater fool for as high as possible. end of. none of the MN projects brings anything new. There is not even step forward towards adoption. Nothing.  Presale of MN which only gives devs btc. Premine on most of them and then at certain point dump

Sell to greater fool? What are you on about? Most masternode owners view as long term investment. Brings nothing new? In dash it brings native decentralised coin mixing; Instant send, governance and a treasury. The treasury can fund developers and marketing and more. What are you on about? In Dash the number of masternodes is currently near an all time high. People believe and invest in it. There is no dumping. Are you a closet monero investor by any chance?

In dash this in dash that. i reffer to MN after dash and pivx. tell me one project AFTER DASH AND PIVX doing something more than just milking good btc for uselles copy of dash or pivx?  long term investment? please. MN is nothing more than simple ponzi, zomething like ico was last year.
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September 21, 2018, 01:37:28 AM
 #20208

Fellow cruncher - ramp up for the Thor Challenge!

Not on the team yet? Read the details and join other 875 Byteballers to compete and win!


https://steemit.com/byteball/@byteball.org/byteball-competes-in-world-community-grid-s-thor-challenge
It is too complicated to meet requirements to join, but I will try to read them more carefully to see how qualified I am to apply for joining.
Thor Challenge might be a good chance to contribute to Byteball project, a community-supported opportunity.
coloredcoin
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September 21, 2018, 06:27:35 AM
 #20209

Will drop my two cents.

I meet Tonych personally with another team member at Bitkom in germany.
Byteball is clearly his project and as a main dev he does makes decisions which we all can accepted or not. The only thing which tonych cannot controll is PRICE

Tonych is great dev and delivers huge amount of work on regualr basis.
Maybe marketing is not the strongest part, maybe decision about airdrop was bad decision but please consider he build this from scratch.
Wallet is working without issue, smart contracts works without issue, there is huge market for altcoins and i do believe byteball will shine.

We goign through cycle which kills many alts. Kills even btc for 100th time. But so what? If product is good, and dev is still here than i dont see this to be a scam.

Just go to Masternode scene and check in there. 99.9% its pure scam.

Byteball is definatelly not a scam. Witnesses should be spreaded. Regardless of some opinions i do believe byteball will be back on track. And tech will win on long run.

I agree with a lot of what you say but..  Why are masternodes a scam? I disagree with that entirely. Provide some reasons for such a remark.  Dash masternodes were a terrific innovation and groundbreaking inspiring many copy cat ideas, not least the Governance and treasury

Back to byteball. YES the witnesses should be spread. And YES the tokens to be distributed.

mn are copy pasta pivx/dash/btc. nothing more. no innovation. like erc20

Dash developed masternodes. It didn't copy paste because the idea didn't exist.Think again

Geez , you really wnat to be so pedantic? dash -->pivx--> all MN at the monent. And yes, none of them solving anything. its huge fools game, sell to greater fool for as high as possible. end of. none of the MN projects brings anything new. There is not even step forward towards adoption. Nothing.  Presale of MN which only gives devs btc. Premine on most of them and then at certain point dump

Sell to greater fool? What are you on about? Most masternode owners view as long term investment. Brings nothing new? In dash it brings native decentralised coin mixing; Instant send, governance and a treasury. The treasury can fund developers and marketing and more. What are you on about? In Dash the number of masternodes is currently near an all time high. People believe and invest in it. There is no dumping. Are you a closet monero investor by any chance?

In dash this in dash that. i reffer to MN after dash and pivx. tell me one project AFTER DASH AND PIVX doing something more than just milking good btc for uselles copy of dash or pivx?  long term investment? please. MN is nothing more than simple ponzi, zomething like ico was last year.
Yes,agree.MN is the Delegated centralized Nodes,much like DPoS of EOS or something,it's real not a innovative feature,it's just for speed.
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September 21, 2018, 08:21:32 AM
 #20210

[reminder] BlackBytes Exchange BEEB is to close on october the 25th.

All customers MUST withdraw their blackbytes before this date or they will be lost (use the 'w' key when paired with BEEB).

After this date blackybtes will be lost.

Thank you for your attention.

Byteball payment gateway for web merchants https://byteball-for-merchants.com/ - BEEB  (Blackbytes Exchange Bot): https://www.beeb-bot.com/ (closed)
Network map, stats, Top Richests and Byteball world map at https://byteball.fr/ (closed) - Hub operator featuring the cashback witness https://byteball-cashback-witness.com (closed)
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September 21, 2018, 10:20:01 AM
 #20211

The only thing which tonych cannot controll is PRICE

Another thing occured to me from your comment. Tonych cannot control price that is true, but he can influence it. Perhaps having the opposite effect than he intended though, (due to aforementioned lack of basic economic principles.) But he can influence it. He controls a good 30-40% of the supply at the moment. Via airdrops (helicopter money) (central bank style tinkering) he does influence the price a lot. So far this has been to the downside which begs the question.. Does Tony prefer the price low for reasons at this time unknown Or does Tony want the price high but keep doing the wrong thing?

The distribution methods do influence the price. One thing which can be done is stop further dilution - no more Bytes to be distributed. He can set a floor (say $1000) beyond which GB will be sold in the open market, for the overall development of Byteball. This will prevent dumping of distributed Bytes at exchanges. It would also prevent the price from going beyond $1000 until all the Bytes are distributed, but existing holders shouldn't have any problems with that.


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September 21, 2018, 11:36:21 AM
 #20212

The only thing which tonych cannot controll is PRICE

Another thing occured to me from your comment. Tonych cannot control price that is true, but he can influence it. Perhaps having the opposite effect than he intended though, (due to aforementioned lack of basic economic principles.) But he can influence it. He controls a good 30-40% of the supply at the moment. Via airdrops (helicopter money) (central bank style tinkering) he does influence the price a lot. So far this has been to the downside which begs the question.. Does Tony prefer the price low for reasons at this time unknown Or does Tony want the price high but keep doing the wrong thing?

The distribution methods do influence the price. One thing which can be done is stop further dilution - no more Bytes to be distributed. He can set a floor (say $1000) beyond which GB will be sold in the open market, for the overall development of Byteball. This will prevent dumping of distributed Bytes at exchanges. It would also prevent the price from going beyond $1000 until all the Bytes are distributed, but existing holders shouldn't have any problems with that.

Except that it would erode trust because all along it has been stated 99% will be distributed. And if he did it would be the most overt display yet of how tony influences the price with central bank style tinkering.

Yes,agree.MN is the Delegated centralized Nodes,much like DPoS of EOS or something,it's real not a innovative feature,it's just for speed.

Whats with all the Dash FUD on here? Masternodes are not centralised. Anyone who can stump up collateral can run one. Dash has around 5000 of these nodes. That is not centralised at all. Much easier for anyone to do that than run a byteball witness.
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September 21, 2018, 01:03:31 PM
Last edit: September 21, 2018, 03:13:44 PM by barborrico
 #20213

Byteball is a very curious project.

On some moment of design, Tony realized that there will never be decentralized trust on their platform, decentralized like bitcoin, trusting no one and, at same time, without wasting energy on brute force hashing.

So, a distributed ledger without the need of trusting anyone and energy efficient at same time can't be built. Tony`s solution: FORCE TRUST. FORCE TRUST ON 12 NODES. Well, at least it could be used to pay everyday coffee.

Sorry but, for big amounts, I prefer Bitcoin.

Also, another question for Tony, but I think I already know the answer:

When will you start to spend your 1%?
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September 21, 2018, 03:33:18 PM
Last edit: September 21, 2018, 05:23:29 PM by pineapple express
 #20214

Quote
at least it could be used to pay everyday coffee
it won't, 15 tps is not enough for everyday coffee. Especially when throughput capacity begin to decrease when reaching 17 tps
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September 21, 2018, 03:41:33 PM
 #20215

Today is a good day for altcoins with considerable rises.
However, I won't sell any bytes because I have strong belief on Byteball team.
The project can moving higher, much higher.
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September 21, 2018, 04:45:30 PM
 #20216

Today is a good day for altcoins with considerable rises.
However, I won't sell any bytes because I have strong belief on Byteball team.
The project can moving higher, much higher.

Dude, byteball is down versus BTC.

And since meterse deleted my comment from the ico thread I'll repeat it here: with daily volume of 8 BTC across all exchanges you couldn't run an ico for a lemonade stand. It's a joke to promote byteball as an alternative ico platform (whatever you think of ico offerings in general) when you can round down the trading volume to zero.
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September 21, 2018, 05:15:57 PM
 #20217

Today is a good day for altcoins with considerable rises.
However, I won't sell any bytes because I have strong belief on Byteball team.
The project can moving higher, much higher.

Dude, byteball is down versus BTC.

And since meterse deleted my comment from the ico thread I'll repeat it here: with daily volume of 8 BTC across all exchanges you couldn't run an ico for a lemonade stand. It's a joke to promote byteball as an alternative ico platform (whatever you think of ico offerings in general) when you can round down the trading volume to zero.
In addition, you can't build a dapp on a centralized platform. Byterball will continue to decline even in the bull market
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September 21, 2018, 08:18:14 PM
 #20218

Fellow cruncher - ramp up for the Thor Challenge!

Not on the team yet? Read the details and join other 875 Byteballers to compete and win!


https://steemit.com/byteball/@byteball.org/byteball-competes-in-world-community-grid-s-thor-challenge
It is too complicated to meet requirements to join, but I will try to read them more carefully to see how qualified I am to apply for joining.
Thor Challenge might be a good chance to contribute to Byteball project, a community-supported opportunity.

Which requirements? You do not need to meet any requirements in order to join. You only need a PC or laptop  Wink

Here is a step-by-step tutorial drafted by me
https://bitcointalk.org/index.php?topic=3710733.msg36868308#msg36868308


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.ZEST | I'D BET ON ZEST - GET FREE TOKENS.
goldart
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September 22, 2018, 02:05:26 AM
 #20219

Today is a good day for altcoins with considerable rises.
However, I won't sell any bytes because I have strong belief on Byteball team.
The project can moving higher, much higher.

Dude, byteball is down versus BTC.

And since meterse deleted my comment from the ico thread I'll repeat it here: with daily volume of 8 BTC across all exchanges you couldn't run an ico for a lemonade stand. It's a joke to promote byteball as an alternative ico platform (whatever you think of ico offerings in general) when you can round down the trading volume to zero.
there are always many whales, who want to manipulate price movements, it's normal to see byteball price get remains at low price range although it has potential.
phanphanphuyen
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September 22, 2018, 04:50:36 AM
 #20220

there are always many whales, who want to manipulate price movements, it's normal to see byteball price get remains at low price range although it has potential.
The point is which ones are the main reasons of manipulation?
Answer the question correctly will tell us everything.
No need to hurry, worry and fall into panic sells or deeply depression.
Byteball is a good project and the price will recover soon.

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