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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1216185 times)
Thul
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October 17, 2018, 11:35:07 AM
 #20461

[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).

[repeating] After this date blackybtes will be lost.

Thank you for your attention.
[...] BB can't be exchange on traditional markets  thus OTC is very important for us.
The developer (supported by the community) prefers to deal with side issues instead of finally running something that could have this currency ahead of all the others.

The management would rather feed people's greed than the usability of the platform.

Blackbytes could easily be exchanged for Altcois and Fiat if a wallet-internal solution is created like the decentralized app BISQ does.
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meterse
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October 17, 2018, 02:20:12 PM
 #20462


Thanks for the suggestion but since most users (like Ben) are not going to be sponsors, we don't want to introduce extra steps for them.

I was thinking the opposite. Make users like Ben sponsors and let them spread the platform.

But if you say they are not going to be sponsors, I have nothing more to say.

I know what it feels when your suggestion is rejected, but what I say is based on data:
out of 72000 steem attested users, only 6700 had ever referred someone else;
out of 25000 real name attested users, only 1700 had ever referred someone else.

I've talked with many people about the possibility of certifying their identity with the real name bot but the idea of providing a copy of their ID card repels most of them. Even with the money incentives. People care about the security of their official documents. Jumio is literally an unknown company based in the USA. The disrespect of foreign citizen rights expressed by the USA government and the last news about GAFAs security leaks don't help to trust the Jumio company.

As I stated on Twitter few days ago, I will certify my identity in next days (waiting my new ID card, previous one outdated since October 10th) due to the warranties provided by the smart voucher about the bytes use I will give to people.

By the way, I'm a binational citizen. Should I certify my identity twice ?

Jumio has verified over 130 million identities. Sure, some people you speak with will not want to, but the fact they have already done so many shows many are fine with it

note: many people in crypto are probably more paranoid about identities than non cyrpto people in the real world (which is the vast majoirty of the worlds population)
mephacles
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October 17, 2018, 03:23:18 PM
 #20463

Tony and your team deserve a lot respect...
Thul
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October 17, 2018, 03:28:21 PM
 #20464


Thanks for the suggestion but since most users (like Ben) are not going to be sponsors, we don't want to introduce extra steps for them.

I was thinking the opposite. Make users like Ben sponsors and let them spread the platform.

But if you say they are not going to be sponsors, I have nothing more to say.

I know what it feels when your suggestion is rejected, but what I say is based on data:
out of 72000 steem attested users, only 6700 had ever referred someone else;
out of 25000 real name attested users, only 1700 had ever referred someone else.

I've talked with many people about the possibility of certifying their identity with the real name bot but the idea of providing a copy of their ID card repels most of them. Even with the money incentives. People care about the security of their official documents. Jumio is literally an unknown company based in the USA. The disrespect of foreign citizen rights expressed by the USA government and the last news about GAFAs security leaks don't help to trust the Jumio company.

As I stated on Twitter few days ago, I will certify my identity in next days (waiting my new ID card, previous one outdated since October 10th) due to the warranties provided by the smart voucher about the bytes use I will give to people.

By the way, I'm a binational citizen. Should I certify my identity twice ?
[...]
note: many people in crypto are probably more paranoid about identities than non cyrpto people in the real world (which is the vast majoirty of the worlds population)
And that's exactly why the majority of the world's population doesn't (yet) want to have anything to do with cryptos... unless they want to buy goods that they can only get with cryptos. But that again requires that there be an easy way for them to exchange their Fiat for Bytes/Blackbyties, as in the case of this project.
meterse
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October 17, 2018, 06:06:37 PM
Last edit: October 17, 2018, 06:58:27 PM by meterse
 #20465

[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).

[repeating] After this date blackybtes will be lost.

Thank you for your attention.

Is there any other reason that BEEB is to close except that one of low volume, the way I see it...? BB can't be exchange on traditional markets  thus OTC is very important for us.

when Blackbytes are distributed again volume will pick up. Before you ask, we are concentraqting on distriubting Bytes first, I dont know when the blackbyte distros will start again.

n.b. IMO blackbytes could be 'better' distributed than bytes, as we are learning lessons with bytes distros that can be used to distribute blackbytes better
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October 17, 2018, 06:20:15 PM
 #20466

Tony and your team deserve a lot respect...

They probably do, as they did a lot of work to develop the coin with many nice features. But the distribution direction was changed in the middle, the marketing was not good at all, this causes a lot people left the project, otherwise this coin should be at top 15 coin at least.
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October 17, 2018, 06:42:05 PM
 #20467

Byteball is an amazing tech, should be in top 15. I think in december Byteball will see ATH in btc prices.
meterse
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October 17, 2018, 06:57:49 PM
 #20468

Tony and your team deserve a lot respect...

They probably do, as they did a lot of work to develop the coin with many nice features. But the distribution direction was changed in the middle, the marketing was not good at all, this causes a lot people left the project, otherwise this coin should be at top 15 coin at least.

the distribution was changed because the model was no longer growing the network like they initially did

in terms of getting bytes into the hands of new people, the new distros are better (though slower)
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October 17, 2018, 09:58:43 PM
 #20469


Thanks for the suggestion but since most users (like Ben) are not going to be sponsors, we don't want to introduce extra steps for them.

I was thinking the opposite. Make users like Ben sponsors and let them spread the platform.

But if you say they are not going to be sponsors, I have nothing more to say.

I know what it feels when your suggestion is rejected, but what I say is based on data:
out of 72000 steem attested users, only 6700 had ever referred someone else;
out of 25000 real name attested users, only 1700 had ever referred someone else.

I've talked with many people about the possibility of certifying their identity with the real name bot but the idea of providing a copy of their ID card repels most of them. Even with the money incentives. People care about the security of their official documents. Jumio is literally an unknown company based in the USA. The disrespect of foreign citizen rights expressed by the USA government and the last news about GAFAs security leaks don't help to trust the Jumio company.

As I stated on Twitter few days ago, I will certify my identity in next days (waiting my new ID card, previous one outdated since October 10th) due to the warranties provided by the smart voucher about the bytes use I will give to people.

By the way, I'm a binational citizen. Should I certify my identity twice ?

Jumio has verified over 130 million identities. Sure, some people you speak with will not want to, but the fact they have already done so many shows many are fine with it

note: many people in crypto are probably more paranoid about identities than non cyrpto people in the real world (which is the vast majoirty of the worlds population)

I totally agree with your point.
Thul
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October 17, 2018, 10:01:37 PM
 #20470

[...]
in terms of getting bytes into the hands of new people, the new distros are better (though slower)
ROFL
These new people only want one thing: to exchange their Bytes for Fiat at the next best opportunity.
What else is there to do with it?

So all Bytes will be collected by the small community of Byteball fanboys.

I am really curious when community and development come to consciousness...
metalbean
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October 18, 2018, 05:17:05 AM
 #20471

Byteball is a project that I really like I supported from the begining, however it is totally lacking in terms of publicity. Long gone are the days that a gret project can just flourish without massive PR.
Thul
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October 18, 2018, 05:54:59 AM
 #20472

Byteball is a project that I really like I supported from the begining, however it is totally lacking in terms of publicity. Long gone are the days that a gret project can just flourish without massive PR.
Management does not respond to personal requests.
One can only hope that the community will continue to build up appropriate pressure.

Marketing and development must finally be adapted to demand.
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October 18, 2018, 08:40:10 AM
 #20473

Byteball is an amazing tech, should be in top 15. I think in december Byteball will see ATH in btc prices.

Sad but true: I would bet against that  Grin

Byteball was more than 0.38 BTC in summer 2017 - now it's 0.0063. If my calculation is correct we need +6000% against BTC.

In only two months? Never say never ... but ... never.
meterse
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October 18, 2018, 09:24:55 AM
 #20474

Byteball is an amazing tech, should be in top 15. I think in december Byteball will see ATH in btc prices.

Sad but true: I would bet against that  Grin

Byteball was more than 0.38 BTC in summer 2017 - now it's 0.0063. If my calculation is correct we need +6000% against BTC.

In only two months? Never say never ... but ... never.

shows how overpriced btc has become
Thul
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October 18, 2018, 09:26:15 AM
 #20475

Byteball is an amazing tech, should be in top 15. I think in december Byteball will see ATH in btc prices.

Sad but true: I would bet against that  Grin

Byteball was more than 0.38 BTC in summer 2017 - now it's 0.0063. If my calculation is correct we need +6000% against BTC.

In only two months? Never say never ... but ... never.
I think that was sarcasm.  Grin
Thul
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October 18, 2018, 09:33:49 AM
 #20476

Byteball is an amazing tech, should be in top 15. I think in december Byteball will see ATH in btc prices.

Sad but true: I would bet against that  Grin

Byteball was more than 0.38 BTC in summer 2017 - now it's 0.0063. If my calculation is correct we need +6000% against BTC.

In only two months? Never say never ... but ... never.

shows how overpriced btc has become
You're right about that, of course. The BTC price (like that of other coins) is pure speculation. Driven almost exclusively by people who are only interested in Fiat winnings.

In contrast to GBYTE BTC meets however on genuine demand. For Bitcoins there are platforms where you can buy goods and services.
meterse
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October 18, 2018, 09:44:36 AM
 #20477



https://twitter.com/ByteballOrg/status/1052855843169931264
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October 18, 2018, 10:00:20 AM
 #20478

Byteball need witnesses + POS. If the witnesses honest, DAG works in the fast mode. If the Byteball witnesses under 51 attack, DAG switch to POS algorithm (slow mode) until 51 attack will not be fixed and the new witnesses will not replace malicious ones.
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October 18, 2018, 02:33:38 PM
 #20479

98% price retrace with no change in fundamentals is no joke. I suppose that at least a short term bounce is due, maybe even something more.
Thul
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October 18, 2018, 02:54:15 PM
 #20480

98% price retrace with no change in fundamentals is no joke. I suppose that at least a short term bounce is due, maybe even something more.
A currency that cannot be used has no fundamentals, furthermore a "ball gag" as naming for an investment sounds anything but serious.
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