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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1226981 times)
meterse
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October 12, 2018, 11:48:32 AM
 #20321

It's just impossible to download a full node, same problem as Ethereum.

On chain scaling has been proved to be impossible. ^

This shows why we need small blocks and a second layer for scaling.

unlike ethereum byteball has no blocks
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October 12, 2018, 11:48:58 AM
Merited by LoyceV (2), kaicrypzen (1)
 #20322

As a BYTEBALL user and investor of the first hour I would like to thank you for the very good work of the team and especially Tony. I continue to stick to this project and see great potential in it.

The mobile wallet is great and intuitive, the same goes for the desktop wallet. I would recommend anyone to try the wallets and chatbots.
However, I would like to attach a few constructive criticisms and suggestions for improvement:
   

a) Bot Store: The amount of new chatbots makes this area more and more confusing. Best Case would be a UI like the Apple App Store with overviews, recommendations, different categories and with detailed descriptions. The chatbots urgently need a better detail page.

b) The Unit Byte: I know, this is a much discussed topic and actually the unit is good. In reality, the representation of bytes and the jump between bytes, MB and GB is often confusing. For example, it took me two tries to transfer the correct amount from my desktop wallet (unit there: GB) to my mobile wallet (unit there: MB), although I'm actually very familiar with bytes, megabytes, and so on. So I used a wrong value in GB and sent me 0.1 MB, although I wanted to send 100 MB. I was just too lazy to switch my desktop wallet to MB.
Furthermore, the block explorer with bytes as a unit is not usable by the human eye. There are just too big numbers to capture them at a glance. Generally I would recommend to relaunch the block explorer. The Explorer is very confusing.
My recommendation would be to install a simple switch anywhere in the UI or to take MB as the default, at least for the block explorer.

c) Website / Communication: Honestly, the website seems to me "too cheap". Sorry for the harsh words. The website / communication (+ YT, Twitter, etc.) is not worthy of a multi-million dollar project. The website looks like a $ 25 WordPress theme. This always strikes me when the buttons "Subscribe to Newsletter" and "Download Wallet" appear. This looks like a "purchased standard theme"! A simple website was good at the beginning and underlined the "it just works" principle. But this has to evolve. The website and the whole communication concept should promote real professionals, not just a single graphic designer or individual consultant. Take a real communication leader and put everything to the test. I mean, for example an agency like the one that has created the new corporate logo and developed the new livery of the aircraft at Lufthansa. An agency from this league. Byteball also plays in this league. This costs a lot of money, yes, but it is well spent money.
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October 12, 2018, 12:13:58 PM
 #20323

Byteball Bytes Price Prediction

" If you are looking for virtual currencies with good return, GBYTE can be a bad, high-risk 1-year investment option. Byteball Bytes price equal to 42.580 USD at 2018-10-11, but your current investment may be devalued in the future. "

https://walletinvestor.com/forecast/byteball-bytes-prediction

Byteball is a currency for gamblers and players. Exactly this impression he also conveys name.

Should the general public finally take this currency seriously, first of all a change of name would be necessary. But the management shows itself very little insightful and unwilling in this direction.
And that is not the only point...

its not for gamblers, gambling is just a current use case

The name (Byteball) suggests something completely different. And this is precisely the point of criticism: The naming

But this argumentation again shows clearly how unwilling one is to encounter public criticism.

more FUD from newbie accounts on bitcointalk
Knowledge resistant and arrogant. Nothing new, then.
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October 12, 2018, 12:17:03 PM
 #20324

It's just impossible to download a full node, same problem as Ethereum.

On chain scaling has been proved to be impossible. ^

This shows why we need small blocks and a second layer for scaling.

unlike ethereum byteball has no blocks

Sure, but it still has a chain of transactions which has become so massive that a full node can't be downloaded on a desktop computer.

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October 12, 2018, 12:24:22 PM
 #20325

... But complaining doesnt help
No, of course not, as long as the management doesn't give a damn about the user's comments.

As long as the thing is called "Byteball", every effort to advance this project is a waste of time and energy.

So if we find a more suitable name, we solve the next problem, but together.
Personally, I really like the name "Byteball". Changing the name does not help make the price high. Everyone was laughing at Dogcoin too))

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October 12, 2018, 12:32:10 PM
 #20326

It is for Byteball investors, especially someone who bought the coin earlier this year.
Today, Byteball has stood around $41: https://coinmarketcap.com/currencies/byteball/
In addition, I would like to know that whether Cryptopia exchange safely to buy and move Byteball.
Over the last day, only $35 value of Byteball traded there: https://www.cryptopia.co.nz/Exchange?market=GBYTE_BTC

iad_xo
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October 12, 2018, 12:34:03 PM
 #20327

anyone know why deposit is still disable on cryptopia for Byteball?
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October 12, 2018, 01:37:54 PM
 #20328

... But complaining doesnt help
No, of course not, as long as the management doesn't give a damn about the user's comments.

As long as the thing is called "Byteball", every effort to advance this project is a waste of time and energy.

So if we find a more suitable name, we solve the next problem, but together.
Personally, I really like the name "Byteball". Changing the name does not help make the price high. Everyone was laughing at Dogcoin too))
Besides an incompetent management, the uncritical community is also responsible for the "success" of this project.

Only with increasing demand does the value increase. A currency that "bites a ball", on the other hand, is not taken seriously.

First of all this problem should be solved.
Then the next in the whole series of failures...
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October 12, 2018, 02:30:06 PM
 #20329

Hello Tonych and Byteball team,

In Chapter 6 of the Byteball whitepaper, you say : [...], and also expect them to post frequently enough, [...]

Could you be more explicit about your definiton of "frequently" and "enough" because it could be an open door to abuses even considering the network fees.

Thank you
meterse
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October 12, 2018, 03:11:55 PM
 #20330

It's just impossible to download a full node, same problem as Ethereum.

On chain scaling has been proved to be impossible. ^

This shows why we need small blocks and a second layer for scaling.

unlike ethereum byteball has no blocks

Sure, but it still has a chain of transactions which has become so massive that a full node can't be downloaded on a desktop computer.



it depends on your connection speed, I think most full nodes use remote servers
meterse
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October 12, 2018, 03:13:21 PM
 #20331

anyone know why deposit is still disable on cryptopia for Byteball?

because they have not updated their wallet. they have been unresponsive for a while
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October 12, 2018, 03:15:27 PM
 #20332

It is for Byteball investors, especially someone who bought the coin earlier this year.
Today, Byteball has stood around $41: https://coinmarketcap.com/currencies/byteball/
In addition, I would like to know that whether Cryptopia exchange safely to buy and move Byteball.
Over the last day, only $35 value of Byteball traded there: https://www.cryptopia.co.nz/Exchange?market=GBYTE_BTC

I suggest trading at cryptox.pl  or bittrex. cryptoia have not updated their wallet, hence lack of volume
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October 12, 2018, 03:38:00 PM
 #20333

It's just impossible to download a full node, same problem as Ethereum.

On chain scaling has been proved to be impossible. ^

This shows why we need small blocks and a second layer for scaling.

unlike ethereum byteball has no blocks

Sure, but it still has a chain of transactions which has become so massive that a full node can't be downloaded on a desktop computer.

it depends on your connection speed, I think most full nodes use remote servers

Actually, it mainly depends on your drive. Even with a fiber optic internet connection, if you don't have an SSD, then syncing just gets insanely slow at some point. If you want a full node, you must use an SSD.

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October 12, 2018, 03:52:12 PM
Last edit: October 12, 2018, 04:05:02 PM by pineapple express
 #20334

It's just impossible to download a full node, same problem as Ethereum.

On chain scaling has been proved to be impossible. ^

This shows why we need small blocks and a second layer for scaling.

unlike ethereum byteball has no blocks

Sure, but it still has a chain of transactions which has become so massive that a full node can't be downloaded on a desktop computer.

it depends on your connection speed, I think most full nodes use remote servers

Actually, it mainly depends on your drive. Even with a fiber optic internet connection, if you don't have an SSD, then syncing just gets insanely slow at some point. If you want a full node, you must use an SSD.
so basically byterbak get rid of blocks and get relativity fast, cheap transactions and finality in exchange for decentralization and ddos resistance? Is this worth it?
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October 12, 2018, 04:07:19 PM
 #20335

It's just impossible to download a full node, same problem as Ethereum.

On chain scaling has been proved to be impossible. ^

This shows why we need small blocks and a second layer for scaling.

unlike ethereum byteball has no blocks

Sure, but it still has a chain of transactions which has become so massive that a full node can't be downloaded on a desktop computer.

it depends on your connection speed, I think most full nodes use remote servers

Actually, it mainly depends on your drive. Even with a fiber optic internet connection, if you don't have an SSD, then syncing just gets insanely slow at some point. If you want a full node, you must use an SSD.
so basically byterbak get rid of blocks and get relativity fast, cheap transactions and finality in exchange for decentralization and ddos resistance? Is this worth it?

Requiring an SSD isn't really sacrificing decentralization; having one dude run all twelve validating nodes is though. And having one dude hand pick a replacement for four of them isn't solving the issue.
meterse
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October 12, 2018, 04:18:48 PM
 #20336

It's just impossible to download a full node, same problem as Ethereum.

On chain scaling has been proved to be impossible. ^

This shows why we need small blocks and a second layer for scaling.

unlike ethereum byteball has no blocks

Sure, but it still has a chain of transactions which has become so massive that a full node can't be downloaded on a desktop computer.

it depends on your connection speed, I think most full nodes use remote servers

Actually, it mainly depends on your drive. Even with a fiber optic internet connection, if you don't have an SSD, then syncing just gets insanely slow at some point. If you want a full node, you must use an SSD.
so basically byterbak get rid of blocks and get relativity fast, cheap transactions and finality in exchange for decentralization and ddos resistance? Is this worth it?

Requiring an SSD isn't really sacrificing decentralization; having one dude run all twelve validating nodes is though. And having one dude hand pick a replacement for four of them isn't solving the issue.

yes fair point however the first 12 witnesses will not be forever, and future witness selection will not be by the team.

the plan is to get higher profile witnesses later than the first ones (which will be replaced). but right now as the witness model is still untested its unrealistic to think any household name would be one yet
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October 12, 2018, 04:40:09 PM
 #20337

It's just impossible to download a full node, same problem as Ethereum.

On chain scaling has been proved to be impossible. ^

This shows why we need small blocks and a second layer for scaling.

unlike ethereum byteball has no blocks

Sure, but it still has a chain of transactions which has become so massive that a full node can't be downloaded on a desktop computer.

it depends on your connection speed, I think most full nodes use remote servers

Actually, it mainly depends on your drive. Even with a fiber optic internet connection, if you don't have an SSD, then syncing just gets insanely slow at some point. If you want a full node, you must use an SSD.
so basically byterbak get rid of blocks and get relativity fast, cheap transactions and finality in exchange for decentralization and ddos resistance? Is this worth it?

Requiring an SSD isn't really sacrificing decentralization; having one dude run all twelve validating nodes is though. And having one dude hand pick a replacement for four of them isn't solving the issue.

This ^.
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October 12, 2018, 04:43:01 PM
 #20338

It's just impossible to download a full node, same problem as Ethereum.

On chain scaling has been proved to be impossible. ^

This shows why we need small blocks and a second layer for scaling.

unlike ethereum byteball has no blocks

Sure, but it still has a chain of transactions which has become so massive that a full node can't be downloaded on a desktop computer.

it depends on your connection speed, I think most full nodes use remote servers

Actually, it mainly depends on your drive. Even with a fiber optic internet connection, if you don't have an SSD, then syncing just gets insanely slow at some point. If you want a full node, you must use an SSD.
so basically byterbak get rid of blocks and get relativity fast, cheap transactions and finality in exchange for decentralization and ddos resistance? Is this worth it?

Requiring an SSD isn't really sacrificing decentralization; having one dude run all twelve validating nodes is though. And having one dude hand pick a replacement for four of them isn't solving the issue.
i mean byterbal got rid of the blocks and lost decentralization. Is the DAG really so cool?
2009 blockchain - got rid of the central banks. Wow we can change the world of money with this.
2018 DAG - got rid of the decentralization. Central banks (the King in byterbal case) is good, 17 tps and network under ddos, crypto 3.0 weeeeeeee no blocks no problems.
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October 12, 2018, 05:11:33 PM
 #20339

On chain scaling has been proved to be impossible. ^

^^^ Bald assertion, devoid of any supporting evidence.

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.

I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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October 12, 2018, 05:16:48 PM
 #20340

Personally, I really like the name "Byteball". Changing the name does not help make the price high. Everyone was laughing at Dogcoin too))

Yes, but Dogecoin has an image built around an iconic mascot that is universally viewed as cute and cuddly.

'Bite My Balls' does not conjure up a similarly endearing image.

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.

I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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