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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1226979 times)
Thul
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November 05, 2018, 12:43:59 PM
Last edit: November 05, 2018, 12:55:31 PM by Thul
 #20781

Quote
What small amounts and what "lot of people" are you talking about? http://transition.byteball.org

I say that the distribution should have been reduced to small amounts, not that it was small amounts.

Quote
Byteball has around 1000 active users daily and you think that it should distribute the rest of 22% with this same shitty method that has got it to 1000 active users? Where are all those 70 000 Bitcoin addresses (not users) who should be using Byteball at the moment?

They gone, because Tony removed airdrop to balls holders before the network got use cases to support needs of all these holders. They gone, because Tony removed the only reason of hold.
I have been waiting for more than a year to sell my products for bites/blackbites. But there is still no marketplace for it, and such a marketplace is probably not yet in sight.
I strongly doubt that this is the direction in which they are thinking at all.
Yeah airdrop to OB merchants and users with balls or even black balls integration would be sweet. Purse integration would be nice as well.

Or a completely own market place, integrated as a function in the wallet which starts the browser.

The witnesses would be ideal for this (as long as they are not limited in number, routed through TOR and randomly connected to the net).

The "cashback" action for merchants could be ingeniously integrated. Customers get a discount, traders get more attraction, and since they get the discount refunded through distribution, they don't suffer any loss, which means that more traders become aware of this project.

More traders = more products = more customers = even more traders = even more customers ...

If then there would be the possibility to exchange Fiat directly into bites/blackbites (of course also integrated into the wallet) all other projects would be quickly outflanked.

For the development of the past mischief with which people like me got annoyed, there would still have been time.
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November 05, 2018, 02:42:38 PM
 #20782

So, where are those HODLers now?

Here.

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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November 05, 2018, 02:47:19 PM
 #20783

Twitter (retweetet):
"So far my Smart Voucher gave me 40% ROI, yes you read that right: 40%. Also want to make money by introducing people to the easiest to use crypto platform in existence? Read this article to find out how. ..."

That's what bite ball fanboys want: "to make money". - Of course $, €, ... Roll Eyes

It only increases speculation, but not use and certainly not adoption.

And where do the sold bites finally accumulate?
bitcampaign
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November 05, 2018, 02:52:38 PM
 #20784

Quote
this makes that 22% is still left to distribute. Only difference is that Byteball tries to distribute it fairly, but Bitcoin basically distributes to those already rich guys who have the most computing power.
meanwhile Max Kordek ceo of lisk own the biggest individual byterbal wallet Cheesy

seriously, do you see how to get a link to see their wallet or one of them from Max Kordek, I know about the LISK project, I think it is also good news when many big people hold BYTEBALL too
https://explorer.byteball.org/#XCQ3LC6BSRGLPKC6LDQBTHZBKHLGIS5B?asset=bytes  62242 gbyte.
https://blog.lisk.io/financial-report-2016-7e68cdd13b12
oh, thank you for your link information, I have recalled that after some time I have seen the ICO LISK proceeds to get a free byteball distribution by holding BTC, I think it is not only LISK that there are even some other ICO holders participating to claim this byteball distribution

JACS|JUST ANOTHER
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tarmo888
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November 05, 2018, 03:44:31 PM
 #20785

Twitter (retweetet):
"So far my Smart Voucher gave me 40% ROI, yes you read that right: 40%. Also want to make money by introducing people to the easiest to use crypto platform in existence? Read this article to find out how. ..."

That's what bite ball fanboys want: "to make money". - Of course $, €, ... Roll Eyes

It only increases speculation, but not use and certainly not adoption.

And where do the sold bites finally accumulate?

Isn't that what everybody wants? An additonal revenue stream besides their daytime-job?

Why do you want that blackbytes marketplaces for? For selling illegal crap below market value? 😂
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November 05, 2018, 04:01:01 PM
 #20786

Not to beat a dead house, but this whole emphasis on "fair distribution" by tarmo and shit talking about Bitcoin is laughable.

You know what's not fair? Announcing a distribution schedule and mechanism, then pulling the rug out from under it two or three times - first cancelling BTC air drops, then delaying Bytes drops, and finally abandoning the original distribution mechanism completely.

You know what else isn't fair? Dribbling out coins to people that have access to shit loads of crappy CPUs (WCG) and account farmers on steem. That's really unfair to me as I only have like five computing devices and think steem is a swamp of shit tier content born out of a scam.

You know what is fair? Announcing a distribution mechanism and schedule and standing by it like it's etched in stone. In ten years Bitcoin hasn't changed its mechanism or schedule at all. You think it would be more "fair" to halt mining and pass out remaining BTC to WCG bot nets and steem lords?

Another one who doesn't know what fair means. Nobody is entitled to get the bytes and if distribution doesn't work then it needs to be fixed, not just continue with a broken one. Bitcoin is laughable, was designed to be decentralized currency, but thanks to a broken distribution system, becomes more centralized with every day. Byteball is moving in other direction, started as centralized and becomes more decentralized every day.

"Bitcoin is laughable"

Posts 800 times per day on bitcointalk...

🤔
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November 05, 2018, 04:16:51 PM
 #20787

Not to beat a dead house, but this whole emphasis on "fair distribution" by tarmo and shit talking about Bitcoin is laughable.

You know what's not fair? Announcing a distribution schedule and mechanism, then pulling the rug out from under it two or three times - first cancelling BTC air drops, then delaying Bytes drops, and finally abandoning the original distribution mechanism completely.

You know what else isn't fair? Dribbling out coins to people that have access to shit loads of crappy CPUs (WCG) and account farmers on steem. That's really unfair to me as I only have like five computing devices and think steem is a swamp of shit tier content born out of a scam.

You know what is fair? Announcing a distribution mechanism and schedule and standing by it like it's etched in stone. In ten years Bitcoin hasn't changed its mechanism or schedule at all. You think it would be more "fair" to halt mining and pass out remaining BTC to WCG bot nets and steem lords?

Another one who doesn't know what fair means. Nobody is entitled to get the bytes and if distribution doesn't work then it needs to be fixed, not just continue with a broken one. Bitcoin is laughable, was designed to be decentralized currency, but thanks to a broken distribution system, becomes more centralized with every day. Byteball is moving in other direction, started as centralized and becomes more decentralized every day.

"Bitcoin is laughable"

Posts 800 times per day on bitcointalk...

🤔

Another one with zero attention span. Do you realize that Bitcointalk is not about only Bitcoins, but about all cryptocurrencies. And this is not a Bitcoin thread, but Byteball thread, where everything gets compared to the big old Bitcoin.
Do you get trigger by single words without understanding the whole sentance?
Didn't you notice that it was a reply using?

What are you guys smoking? I just realized that this could be a reason why you are talking nonsense.
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November 05, 2018, 04:19:29 PM
 #20788



No comments, just quoting for archival purposes because this is internet gold.

So nothing new then.
Thanks for wising up.

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November 05, 2018, 04:37:40 PM
 #20789

So, where are those HODLers now?

Here.

Here

hodler and still buying more now and then.

I invest more just because one of the only persons I know of that has a proven deep knowledge of CC told me that byteball was the one of the only projects that had interested him since bitcoin in a big way.

Tonych knows his stuff and perhaps so do these other ones but these are not people friendly and should be confined to working with machines only.

You need an interface between them and a community of people.


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November 05, 2018, 05:47:27 PM
 #20790

Can anbody tell me what this error message of the Byteball wallet means means and how to solve it?  :  http://
"Uncaught exception: error: message encrypted to unknown key,device 0XU..., len=140. The error might be caused by restoring from an old backup or using the same keys on another device."

This error causes the wallet to immediately close after confirmation so I cannot do anything further now.
Before this error I changed the Hub address from byteball.fr/bb to byteball.org/bb which was used on my mobile phone
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November 05, 2018, 06:00:52 PM
 #20791

Can anbody tell me what this error message of the Byteball wallet means means and how to solve it?  :  
"Uncaught exception: error: message encrypted to unknown key,device 0XU..., len=140. The error might be caused by restoring from an old backup or using the same keys on another device."

This error causes the wallet to immediately close after confirmation so I cannot do anything further now.
Before this error I changed the Hub address from byteball.fr/bb to byteball.org/bb which was used on my mobile phone

Try restarting couple more times, it maybe because you use really old backup or your wallet got somehow out of sync while byteball.fe/hub went down.

If this keeps happening, are you using same backup on multiple devices? You shouldn't, multi-device wallets are for that.

For quicker help from more community members (most active uaers are there, no helpdesk here), please join Slack community and write what exactly you did in #helpdesk channel https://slack.byteball.org
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November 06, 2018, 01:17:13 AM
 #20792

Some food for thought  Grin

The Bitcoin pizza story struggles to compete with this: Byteball is like a magic pizza, each time you split it in two, the calorific value of each new slice is doubled.

https://busy.org/@henric/byteball-a-pizza-for-two-generals
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November 06, 2018, 01:59:48 AM
 #20793

The distro is finished, tony concentrates on dev work ... byteball becomes a shit load more decentralized, adoption is driven by motivated community members (the ones who left and/or became disillusioned when distro rules changed) working with funded foundation.

And that will slow the adoption down even more because instead of getting some bytes for free, users need to go get the bytes from exchange. Right now, they can use many features without having to sign up to any exchange. That's why smart voucher system is great, they can get started with the help of the referrer and get started. They could even attest their identity without any bytes, so they could buy bytes cheaper with credit card. Requiring new users to go to exchanges is not a great plan for adoption. Crypto-fanatics are ok with exchanges, but one day, your parents and relatives won't even know that cryptocurrency had that kind of shitty user experience https://twitter.com/FedericoTenga/status/1058316647289798656

Adoption will increase rapidly when the distro is finished, or byteball will fail ... those are the two possible outcomes.

Tony dribbling out small amounts from the undistributed 22% for years isn't spreading adoption if the vast majority of recipients don't become active users, and most are just mindlessly collecting tiny freebies, and not buying more coins and most won't become regular users.

Adoption will spread when current users who have big holdings and have a vested interest in seeing the project succeed get motivated to start working on adoption, BUT, those guys need certainty from the distro being finished, and no more changes that lower confidence.

Real adoption comes organically from people spreading something they believe in, and changing the original distro plan killed a lot of community belief and enthusiasm.
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November 06, 2018, 07:07:00 AM
 #20794

All these objections lead to nothing. 
The needs of users are obviously still being ignored.
The bite ball dictator prefers to surround himself with submissive courtiers who talk after his mouth.

Fantasy must enter this project again. A roadmap in which the required points would be considered would not only increase the price of the currency but also its value.

At this point, everyone's just disillusioned.

"Byteball Bytes price equal to 45.458 USD at 2018-11-06, but your current investment may be devalued in the future."
https://walletinvestor.com/forecast/byteball-bytes-prediction
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November 06, 2018, 07:17:31 AM
 #20795

The distro is finished, tony concentrates on dev work ... byteball becomes a shit load more decentralized, adoption is driven by motivated community members (the ones who left and/or became disillusioned when distro rules changed) working with funded foundation.

And that will slow the adoption down even more because instead of getting some bytes for free, users need to go get the bytes from exchange. Right now, they can use many features without having to sign up to any exchange. That's why smart voucher system is great, they can get started with the help of the referrer and get started. They could even attest their identity without any bytes, so they could buy bytes cheaper with credit card. Requiring new users to go to exchanges is not a great plan for adoption. Crypto-fanatics are ok with exchanges, but one day, your parents and relatives won't even know that cryptocurrency had that kind of shitty user experience https://twitter.com/FedericoTenga/status/1058316647289798656

Adoption will increase rapidly when the distro is finished, or byteball will fail ... those are the two possible outcomes.

Tony dribbling out small amounts from the undistributed 22% for years isn't spreading adoption if the vast majority of recipients don't become active users, and most are just mindlessly collecting tiny freebies, and not buying more coins and most won't become regular users.

Adoption will spread when current users who have big holdings and have a vested interest in seeing the project succeed get motivated to start working on adoption, BUT, those guys need certainty from the distro being finished, and no more changes that lower confidence.

Real adoption comes organically from people spreading something they believe in, and changing the original distro plan killed a lot of community belief and enthusiasm.

Any examples from real life where this has been the case? Or even in cryptoverse, which coin has suddenly got adoption and still alive because the distro has finished? Does your theory have any base or just a hunch?

Reality is, if the distro is finished and you still don't have adoption by that time then the coin is doomed. And if there is no development fund either then maintance stops too, it gets dropped from exchanges and dies during bear market. Just look what has been common to all the previous Bitcoin forks. Luckily, even that Byteball fucked up (wasted over 50%) with Bitcoin airdrop, they are more forward thinking now.
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November 06, 2018, 08:56:55 AM
 #20796

"All You Need to Know About Decentralized Cryptocurrency Exchange Bisq.Network"
https://btcmanager.com/decentralized-cryptocurrency-exchange-bisq-network/

A "BISQ" integrated into the wallet with bite ball as base currency would be a unique selling point compared to all other projects. One that finally also has a real benefit.

Another group of developers should be working on the programming of a marketplace in parallel.
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November 06, 2018, 09:18:45 AM
 #20797

Twitter (retweetet):
"So far my Smart Voucher gave me 40% ROI, yes you read that right: 40%. Also want to make money by introducing people to the easiest to use crypto platform in existence? Read this article to find out how. ..."

That's what bite ball fanboys want: "to make money". - Of course $, €, ... Roll Eyes

It only increases speculation, but not use and certainly not adoption.

And where do the sold bites finally accumulate?
Rewards in bytes for spread the word and help for real world adoption, perfect stimulation! or not?
People works better with rewards, that's a nature law.
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November 06, 2018, 10:19:29 AM
 #20798

Twitter (retweetet):
"So far my Smart Voucher gave me 40% ROI, yes you read that right: 40%. Also want to make money by introducing people to the easiest to use crypto platform in existence? Read this article to find out how. ..."

That's what bite ball fanboys want: "to make money". - Of course $, €, ... Roll Eyes

It only increases speculation, but not use and certainly not adoption.

And where do the sold bites finally accumulate?
Rewards in bytes for spread the word and help for real world adoption, perfect stimulation! or not?
People works better with rewards, that's a nature law.
Without use case there is no "real world adoption".
Result: The bites are turned into Fiat and the project is forgotten.

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November 06, 2018, 10:45:13 AM
 #20799

Twitter (retweetet):
"So far my Smart Voucher gave me 40% ROI, yes you read that right: 40%. Also want to make money by introducing people to the easiest to use crypto platform in existence? Read this article to find out how. ..."

That's what bite ball fanboys want: "to make money". - Of course $, €, ... Roll Eyes

It only increases speculation, but not use and certainly not adoption.

And where do the sold bites finally accumulate?
Rewards in bytes for spread the word and help for real world adoption, perfect stimulation! or not?
People works better with rewards, that's a nature law.
Without use case there is no "real world adoption".
Result: The bites are turned into Fiat and the project is forgotten.

So, you are basically saying that because there is no blackbytes marketplace to sell shady stuff, there is no use cases? Buying stuff with blackbytes is just one use case, which seems nobody is interested to build a marketplace for. If nobody is interested to build it, why would there be suddenly interest to use it?

There are many other use cases already and more than enough features that support those use cases - what is still missing is real users, we have just bunch of hodlers. Creating a new use case doesn't automatically bring new users same way like burning away whole distribution fund would bring magically user adoption.
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November 06, 2018, 11:42:36 AM
 #20800

Without use case there is no "real world adoption".
Result: The bites are turned into Fiat and the project is forgotten.
Thul 2008 / 2009 Grin
Quote
"why do you mine or give away bitcoins?

As a reminder:
"Adoption can only be achieved by a product that can also be used.
The first step would have been to ensure the usability of the product.
"

"Who exactly is the bit coin target group?
Mine, i.e. the producer and trader at least not. As a result, not the consumers either."

"My customers pay with visa. The customers of others especially with cash." Lips sealed

"Bit coin have no chance for adoption, wakes up finally!
you are all here bitcoin fanboys! mimimimi nobody agrees me " Cry

is this your second account?
Date Registered: 11.10.2018 
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