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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1232875 times)
meterse
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October 20, 2018, 06:26:23 PM
 #20461

www.mammon.app - The best app for cryptocurrency!

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in Mexico mamon means 'dickhead, bastard' etc. its pretty offensive

mamon 4ever might be a good name
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Whoever mines the block which ends up containing your transaction will get its fee.
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adaseb
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October 20, 2018, 11:18:03 PM
 #20462

wow nice pump today for gbyte on cryptox Shocked

I am looking at it on Bittrex and there is a small 10% bump in price but nothing to be excited about. Currently the daily volume is only 6BTC so it basically means that the GBYTE market at the moment is very ill liquid.

I think until we break the 0.016 GBYTE/BTC rate then we are still in a bear market and we can still be making newer lows. Its unfortunate that we didn't get the Binance listing last month.

.BEST..CHANGE.███████████████
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..BUY/ SELL CRYPTO..
CryptoUnicornRider
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October 21, 2018, 01:01:52 AM
 #20463

Wild witness wasting bytes appeared!
https://i.imgur.com/pt9JFMv.png

True, be an official witness requires a high reputation within the Byteball community and the chance to have your witness unit selected as lighthouse is very low to not say inexistant. But this point can't stop you to run your own witness node and to set it in your main wallet to be your own witness and have your transaction confirmed faster. And if your friends trust you, you can be their permuted witness. And more people trust you, more chances you have to see your witness unit selected as a milestone of the main chain and even give you the hope to be elected as official in future.
Would you trust any individual? I dont know who to trust, so I let the hub/network restrictions decide.


In plus, running a non-official witness node will create an alternate version of history that could save all the chain integrity in case of unfortunate behaviors by one or more witnesses.
All chain integrity could be harm by unfortunate behaviors by one or more witnesses??!?!? Really??

By the way, in my interpretation, the majority of witnesses means 6+1.
ups


Well, if you don't trust yourself barborrico, who can you trust ;-)

Honnest witnesses are here to warranty the chain integrity as lighthouses/milestones. And as I stated to pineapple express, bad behaviors can be detected by honnest witnesses. For instance, if dishonnest witnesses collude in an attempt to rewrite history, this foolish act will inevitabily generate orphan units and that breaks the chain integrity of these units until the genesis unit. Honnest witnesses will then select a parallel history to keep chain integrity.

Sorry barborrico and pinneapple express,

Small imprecision, it's not only honest witnesses that can detect bad behaviors and rupture of chain integrity but also normal nodes. So, normal nodes can change their path until older witness-authored units or worst until the genesis unit through alternate chains.
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October 21, 2018, 05:45:24 AM
 #20464

wow nice pump today for gbyte on cryptox Shocked

I am looking at it on Bittrex and there is a small 10% bump in price but nothing to be excited about. Currently the daily volume is only 6BTC so it basically means that the GBYTE market at the moment is very ill liquid.

I think until we break the 0.016 GBYTE/BTC rate then we are still in a bear market and we can still be making newer lows. Its unfortunate that we didn't get the Binance listing last month.

Speculators don't put money in a coin with an association to a bite gag. Even a listing on Binance does not change this.

Marketing is still miserable, but in the end it's what the gamblers are into, because you can hardly actually apply a project so far.
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October 21, 2018, 10:21:40 AM
Last edit: October 21, 2018, 10:36:12 AM by CryptoUnicornRider
 #20465

wow nice pump today for gbyte on cryptox Shocked

I am looking at it on Bittrex and there is a small 10% bump in price but nothing to be excited about. Currently the daily volume is only 6BTC so it basically means that the GBYTE market at the moment is very ill liquid.

I think until we break the 0.016 GBYTE/BTC rate then we are still in a bear market and we can still be making newer lows. Its unfortunate that we didn't get the Binance listing last month.

Speculators don't put money in a coin with an association to a bite gag. Even a listing on Binance does not change this.

Marketing is still miserable, but in the end it's what the gamblers are into, because you can hardly actually apply a project so far.

Speculators put money where they want without care about immature opinions.

Your negativity is useless and most of your posts are irrelevants and irrespectuous.

Try at less to read carefully the whitepaper to avoid to look silly.
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October 21, 2018, 10:49:49 AM
 #20466

wow nice pump today for gbyte on cryptox Shocked

I am looking at it on Bittrex and there is a small 10% bump in price but nothing to be excited about. Currently the daily volume is only 6BTC so it basically means that the GBYTE market at the moment is very ill liquid.

I think until we break the 0.016 GBYTE/BTC rate then we are still in a bear market and we can still be making newer lows. Its unfortunate that we didn't get the Binance listing last month.

Speculators don't put money in a coin with an association to a bite gag. Even a listing on Binance does not change this.

Marketing is still miserable, but in the end it's what the gamblers are into, because you can hardly actually apply a project so far.

Speculators put money where they want without care about immature opinions.

Your negativity is useless and most of your posts are irrelevants and irrespectuous.

Try at less to read carefully the whitepaper to avoid to look silly.
People like you are responsible for falling demand.
tarmo888
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October 21, 2018, 01:30:39 PM
 #20467

Speculators don't put money in a coin with an association to a bite gag. Even a listing on Binance does not change this.

Marketing is still miserable, but in the end it's what the gamblers are into, because you can hardly actually apply a project so far.

Speculators put money where they want without care about immature opinions.

Your negativity is useless and most of your posts are irrelevants and irrespectuous.

Try at less to read carefully the whitepaper to avoid to look silly.
People like you are responsible for falling demand.

I agree with CryptoUnicornRider, the name of the project is exactly immature as you are, so if it is immature for most then it means that most speculators are immature.

There are many projects with horrible name, but it seems they have more mature speculators who don't spread FUD so much, because without getting yourself involved and just whining about stuff that are not done as you like makes the price more volatile and drops harder when everything goes down.

So thanks, FUDsters, you can be proud of managing to get GBYTE as low at it is with your constant whining. Yor greatest skill is whining.
barborrico
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October 21, 2018, 03:38:17 PM
 #20468

Let's do some constructive criticism:

When a user attests their identity, there is a field called "ID number". Anyone would expect here the personal identifier issued by government. Instead, this ID is the card ID, so when the card is renewed it changes.

https://github.com/Jumio/implementation-guides/blob/master/netverify/netverify-retrieval-api.md

use personalNumber instead of number, which is using actually (line 95): https://github.com/byteball/real-name-attestation/blob/master/modules/jumio_api.js
tarmo888
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October 21, 2018, 04:15:52 PM
 #20469

Let's do some constructive criticism:

When a user attests their identity, there is a field called "ID number". Anyone would expect here the personal identifier issued by government. Instead, this ID is the card ID, so when the card is renewed it changes.

https://github.com/Jumio/implementation-guides/blob/master/netverify/netverify-retrieval-api.md

use personalNumber instead of number, which is using actually (line 95): https://github.com/byteball/real-name-attestation/blob/master/modules/jumio_api.js


This is true, but probably the reason for that is because not all passports have personal code on it, but all have document number.
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October 21, 2018, 04:33:25 PM
 #20470

Let's do some constructive criticism:

When a user attests their identity, there is a field called "ID number". Anyone would expect here the personal identifier issued by government. Instead, this ID is the card ID, so when the card is renewed it changes.

https://github.com/Jumio/implementation-guides/blob/master/netverify/netverify-retrieval-api.md

use personalNumber instead of number, which is using actually (line 95): https://github.com/byteball/real-name-attestation/blob/master/modules/jumio_api.js


This is true, but probably the reason for that is because not all passports have personal code on it, but all have document number.
Two options then:
- personalNumber?personalNumber:number;
- rename that field to Document ID and add Number ID if it exists.

I think this must be changed, because the reason of existence of this bot is to attest identities, not document cards. What do you think?
tarmo888
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October 21, 2018, 04:58:18 PM
 #20471

Let's do some constructive criticism:

When a user attests their identity, there is a field called "ID number". Anyone would expect here the personal identifier issued by government. Instead, this ID is the card ID, so when the card is renewed it changes.

https://github.com/Jumio/implementation-guides/blob/master/netverify/netverify-retrieval-api.md

use personalNumber instead of number, which is using actually (line 95): https://github.com/byteball/real-name-attestation/blob/master/modules/jumio_api.js


This is true, but probably the reason for that is because not all passports have personal code on it, but all have document number.
Two options then:
- personalNumber?personalNumber:number;
- rename that field to Document ID and add Number ID if it exists.

I think this must be changed, because the reason of existence of this bot is to attest identities, not document cards. What do you think?

It doesn't attest documents, it attest identities, but it just can't make sure that they are all unique. You can't do that also because some nations allow to have multiple citizenship.

It would be nice to have more info, but you can't rename existing fields because that would break backwards compatibility, so you could just add new extra fields, but this fields is problematic because it doesn't always exist.

Real name attestation can't become a way to make sure that all attested identities are unique because there will always be documents that doesn't have personal code. What it can do and what it does is that it proves that you are who you claim to be because your face matches with the document that you provided. Check-in to some hotel and you will see that nobody cares about your personal code, what they care about is document ID because it is always there. It is more important to be sure that the user is who they claim to be than the user is unique.

Same way when you are doing a KYC and have to provide some bill that is sent to your address, you are not attesting your address, nobody cares about your address, what you are attesting there is that you are living in a jurisdiction of the country that you claimed to be living.
BtcVolcano
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October 21, 2018, 05:00:51 PM
 #20472

Maybe this time the whole market will grow a little. At least the fact that the market is more often already green is nice to watch
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October 21, 2018, 06:46:15 PM
 #20473

Byteball big problems is lack of reputable witnesses, scalability, adoption, store of value. From my experience the most useless coin in the portfolio shows the best growth. That's why you need to buy as many gbytes as you can!
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October 21, 2018, 10:41:00 PM
 #20474

Byteball big problems is lack of reputable witnesses, scalability, adoption, store of value. From my experience the most useless coin in the portfolio shows the best growth. That's why you need to buy as many gbytes as you can!
I think you have a personality disorder. What happened to your FUD? Shouldn't I be selling all my coins on cryptox following your advice?

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October 22, 2018, 01:01:21 AM
 #20475

https://twitter.com/ByteballOrg/status/1053243171260588032
Cool

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October 22, 2018, 06:40:25 AM
 #20476

Byteball big problems is lack of reputable witnesses, scalability, adoption, store of value. From my experience the most useless coin in the portfolio shows the best growth. That's why you need to buy as many gbytes as you can!
I think you have a personality disorder. What happened to your FUD? Shouldn't I be selling all my coins on cryptox following your advice?
No no no it's time to buy bro
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October 22, 2018, 09:03:50 AM
 #20477

Some customers who are rather inexperienced with Cryptocurrencies buy Bitcoins. Why? Because it's easy.

Bitcoin is not attractive because it is technically better than other coins, but because you can USE this currency. That's why this coin is becoming increasingly popular, while bite ball and other projects are dependent on the greed of fugitive speculators, who certainly don't want to use these coins to pay for goods and services.

The compulsive effort to get bite ball among the people will certainly not contribute to its spread. On the contrary, everyone who gets the coins for free will either forget them, bet them or convert them into Fiat as soon as possible, because you can't do anything else with them.
And therefore the bite ball commuity remains small and insignificant... and probably dissolves more and more.
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October 22, 2018, 12:22:24 PM
 #20478

Some customers who are rather inexperienced with Cryptocurrencies buy Bitcoins. Why? Because it's easy.

Bitcoin is not attractive because it is technically better than other coins, but because you can USE this currency. That's why this coin is becoming increasingly popular, while bite ball and other projects are dependent on the greed of fugitive speculators, who certainly don't want to use these coins to pay for goods and services.

The compulsive effort to get bite ball among the people will certainly not contribute to its spread. On the contrary, everyone who gets the coins for free will either forget them, bet them or convert them into Fiat as soon as possible, because you can't do anything else with them.
And therefore the bite ball commuity remains small and insignificant... and probably dissolves more and more.


Many people will disagree with you what is technically better, but the truth is, BTC is not going anywhere and in some sense it will always be better than others, but not for everything, so that's why there is room for altcoins. Some altcoins will do some stuff better, will be technically better in some areas, but worse in some other.

It is funny that you list one of the use cases what you can do with it (betting) and then say you can't do anything else with them. That is literally what some cryptocurrency projects have made ICOs about (whole cryptocurrency for just betting), but on Byteball you can already do that and it is just one of the use cases. You CAN USE many other features on Byteball too, some people do it too already, like creating 1-year vested contracts or issuing tokens without writing single line of code.

The main difference is that when mainstream media talks about cryptocurrencies then they talk about Bitcoin because it is the oldest and the biggest. Bitcoin is the first cryptocurrency everybody learn about because it is the most talked about and well known.

Top cryptocurrencies generally get fiat pairs first, but all centralized exchanges need to do KYC when handling fiat. Byteball does that too and that's why you can buy GBYTE with fiat too. It helps getting more new users get GBYTE easier, but it is not a magic bullet because Byteball is not as well known.

BTC is 9 years old, Byteball is less than 2, but for some reason, you think in order to be successful, it should have already catched up BTC? Or, if it hasn't done it with 2 years then it will never become anything and always remain small and insignificant?

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October 22, 2018, 01:25:48 PM
 #20479

Some customers who are rather inexperienced with Cryptocurrencies buy Bitcoins. Why? Because it's easy.

Bitcoin is not attractive because it is technically better than other coins, but because you can USE this currency. That's why this coin is becoming increasingly popular, while bite ball and other projects are dependent on the greed of fugitive speculators, who certainly don't want to use these coins to pay for goods and services.

The compulsive effort to get bite ball among the people will certainly not contribute to its spread. On the contrary, everyone who gets the coins for free will either forget them, bet them or convert them into Fiat as soon as possible, because you can't do anything else with them.
And therefore the bite ball commuity remains small and insignificant... and probably dissolves more and more.


BTC is 9 years old, Byteball is less than 2, but for some reason, you think in order to be successful, it should have already catched up BTC? Or, if it hasn't done it with 2 years then it will never become anything and always remain small and insignificant?


don't panic tarmo888, buy gbyte now and sell winter
tonych (OP)
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October 22, 2018, 04:43:22 PM
 #20480

We are making the first step towards decentralization of witnesses.

First Decentralized Witness Candidate — Rogier Eijkelhof



Full story: https://medium.com/byteball/first-decentralized-witness-candidate-rogier-eijkelhof-9e5619166334
Interview: https://youtu.be/TI7cb57Yu9A
Witness pledge: https://www.docdroid.net/pqmfskj/rogier-eijkelhof-byteball-witness-pledge.pdf

Your action is required to support the candidate, see the story above.




Simplicity is beauty
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