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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1216874 times)
tarmo888
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November 10, 2018, 05:49:57 PM
Last edit: November 10, 2018, 06:13:56 PM by tarmo888
 #20901

Will it be fair distribution if most of the remaining funds will be distributed among steem accounts?
Tony steem investor or what? Why byterbal community should pay advertising of this abandoned shiftboard? What do we get in return other than an endless dump?
Why we can't spend balls on advertising for bytebal?
Where the stats? How you can say that bitcoin airdrop was uneffective if you even don't have a stats of steem airdrop?
Are you wash balls? How we can know that Tony and ko did not create millions of steem accounts and now you just steal the remaining balls?

Before spreading FUD, did you even try to calculate how many Steem users need to attest before the distribution fund runs out. Because you think Byteball created millions of Steem users itself, I guess it shows that you have done 0 research on this topic.
I did and it was around 1 million users in case the the price doesn't change and in case nothing gets distributed anywhere else. Steem attestation is not the only distribution at the moment and you can't create new spam users because users that are eligible for the reward need be registered long time ago and by now the reputation threshold is at 45 for $10 reward
https://github.com/byteball/steem-attestation/blob/master/conf.js

Where are the stats?
https://byteball.co/attestors
http://transition.byteball.org
https://wcg.report/
https://explorer.byteball.org/

So, it is not endless dump, stop spreading FUD!

Before coming up with another FUD story, make sure you understand the numbers. It's really easy to think there is fraud if you haven't even done the attestation and don't know when exactly the reward is given out. Ability to read the open-source code also helps.
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Random-String-Symphony
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November 10, 2018, 06:23:42 PM
 #20902

What's the point of these endless complain posts? It's starting to feel like a childish personal vendetta.

What makes Byteball unique is that it allows regular people (without coding knowledge) to easily create secure smart contracts. That's something very valuable that no other project has. Whether regular people actually need smart contracts in their everyday lives remains to be seen. As long as Byteball is hardly known by anyone and too few people are experimenting with it we will never know.

Pretty straightforward what you could be doing instead of complaining, right?


⚪ Obyte     ❱❱❱     I T   J U S T   W O R K S .    ❱❱❱
stasyk411
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November 10, 2018, 06:26:16 PM
 #20903

It was one of the most promising projects that I considered as an investment, but alas, something went wrong and the project, or rather its price, was blown away.
Random-String-Symphony
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November 10, 2018, 06:37:57 PM
 #20904

It was one of the most promising projects that I considered as an investment, but alas, something went wrong and the project, or rather its price, was blown away.

What does price have to do with it? If anything it should be even more interesting to invest in it now?

⚪ Obyte     ❱❱❱     I T   J U S T   W O R K S .    ❱❱❱
tarmo888
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November 10, 2018, 07:02:35 PM
 #20905

It was one of the most promising projects that I considered as an investment, but alas, something went wrong and the project, or rather its price, was blown away.

What went wrong was that some people started sabotaging their own investment and talk shit about it. Everybody acts differently under pressure and it can mess you up pretty good if you enter ATH and see it drop over 90%. Same with people who got Bitcoin at $18k, they swear they never touch cryptocurrencies again because they lost their life savings. Only difference is that Bitcoin is so much bigger than Byteball, so if somebody did a bad investment choice with altcoin then it is heard lot louder.

But it is kind of human nature to FOMO when the price goes up and invest ATH and then panic-SELL when the price is down. For successful investing, you need to act against the human nature and buy when it is low (now) and sell ATH. People who can't change that behavior, I would suggest them to try to build their own index-fund with TOP10 cryptocurrencies (stay away from altcoins) and then do portfolio balancing, but that is not sexy because gains are lot lower that investing into lower altcoins (basically, lottery).
Thul
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November 10, 2018, 07:14:06 PM
 #20906

Will it be fair distribution if most of the remaining funds will be distributed among steem accounts?
Tony steem investor or what? Why byterbal community should pay advertising of this abandoned shiftboard? What do we get in return other than an endless dump?
Why we can't spend balls on advertising for bytebal?
Where the stats? How you can say that bitcoin airdrop was uneffective if you even don't have a stats of steem airdrop?
Are you wash balls? How we can know that Tony and ko did not create millions of steem accounts and now you just steal the remaining balls?

The only website that even tracked tx per day and stuff shut down: byteball.fr

Rip in peace biterballs

Byteball.fr is for sale: 100GB (including hub service, web site source code and a 1 year hosting on dedicated SSD host)
A sinking ship should be abandoned early. Good decision.  Cool

The articles above me show very clearly that the sect prefers to stay in its parallel universe.  Roll Eyes
Thul
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November 10, 2018, 10:01:57 PM
 #20907

"As we wrote about last week, we have our first decentralized witness candidate. [...]"
https://medium.com/@byteballjesus/read-the-latest-byteball-email-newsletter-decentralized-witness-candidate-input-requested-42109f62ae96

Unbelievable! You really belong in psychiatry.

At bite ball nothing is decentralized.

BISQ is decentralized.
Retroshare is decentralized.
Bitmessage is decentralized.
OpenBazaar is decentralized.
...

Bite ball is a centralized system with twelve witnesses. Easy targets for state assaults.

As long as you tell this shit instead of doing sensible work, you get a mighty headwind.

Not all of us are brainwashed.
tarmo888
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November 10, 2018, 11:20:37 PM
 #20908

"As we wrote about last week, we have our first decentralized witness candidate. [...]"
https://medium.com/@byteballjesus/read-the-latest-byteball-email-newsletter-decentralized-witness-candidate-input-requested-42109f62ae96

Unbelievable! You really belong in psychiatry.

At bite ball nothing is decentralized.

BISQ is decentralized.
Retroshare is decentralized.
Bitmessage is decentralized.
OpenBazaar is decentralized.
...

Bite ball is a centralized system with twelve witnesses. Easy targets for state assaults.

As long as you tell this shit instead of doing sensible work, you get a mighty headwind.

Not all of us are brainwashed.

Thul, why are you here? And why are you so butthurt?
Sell your bytes and go buy Monero or Zcash. Your whining is not helping anybody.
gefander
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November 11, 2018, 01:11:10 AM
 #20909

I think that now many burning butt due to too low prices at the coin. But many do not want to notice the fact that the scales have become larger.
coloseum
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November 11, 2018, 01:25:17 AM
 #20910

I think that now many burning butt due to too low prices at the coin. But many do not want to notice the fact that the scales have become larger.
Byteball community have expanded considerably this year.
In my opinion, burning will help to decrease total supply, which might have good impacts on GBYTE's price.
Thul
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November 11, 2018, 06:20:33 AM
 #20911

Nobody is doing the project a favour if deficits are always beautified.

That's why it took almost two years to finally use other names instead of byteball, bytes and blackbytes.

Critics are the most important capital for a project. Where this leads if you ignore them penetratingly can be seen here.

Bite ball offers solutions that nobody currently needs (if at all). But where are those you need?

There won't be mass adoption if you don't focus on the current benefit.
JesusCryptos
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November 11, 2018, 06:39:47 PM
 #20912

Nobody is doing the project a favour if deficits are always beautified.

That's why it took almost two years to finally use other names instead of byteball, bytes and blackbytes.

Critics are the most important capital for a project. Where this leads if you ignore them penetratingly can be seen here.

Bite ball offers solutions that nobody currently needs (if at all). But where are those you need?

There won't be mass adoption if you don't focus on the current benefit.


It's true that critics with reason is so much more important than brainless hype for the long term success of a project. However a continuos daily (or even hourly) whining on the levels of "OH MY GOSH I DIDN'T LAMBO YET SO THIS COIN IS A SHIT" is frankly boring and scarcely useful. It must be said that this level of losers posts is quite common these days across the ANN threads of this forum, as most of the coins out there have lost between 80% and 99% of their ATH price and soo many people are soo sorry they didn't dump at ATH and then lambo.
Byteball's developement is moving forwards at a nice pace - that's the only important issue here.

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Thul
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November 11, 2018, 07:01:24 PM
 #20913

Nobody is doing the project a favour if deficits are always beautified.

That's why it took almost two years to finally use other names instead of byteball, bytes and blackbytes.

Critics are the most important capital for a project. Where this leads if you ignore them penetratingly can be seen here.

Bite ball offers solutions that nobody currently needs (if at all). But where are those you need?

There won't be mass adoption if you don't focus on the current benefit.


It's true that critics with reason is so much more important than brainless hype for the long term success of a project. However a continuos daily (or even hourly) whining on the levels of "OH MY GOSH I DIDN'T LAMBO YET SO THIS COIN IS A SHIT" is frankly boring and scarcely useful. It must be said that this level of losers posts is quite common these days across the ANN threads of this forum, as most of the coins out there have lost between 80% and 99% of their ATH price and soo many people are soo sorry they didn't dump at ATH and then lambo.
Byteball's developement is moving forwards at a nice pace - that's the only important issue here.
Unfortunately, in the wrong direction. And it is a shame that one has to point this out again and again. However, nothing changes.

Probably the "whining" is just not loud and intense enough yet...
gefander
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November 12, 2018, 02:22:31 AM
 #20914

I think that now many burning butt due to too low prices at the coin. But many do not want to notice the fact that the scales have become larger.
Byteball community have expanded considerably this year.
In my opinion, burning will help to decrease total supply, which might have good impacts on GBYTE's price.
I fully support the idea of burning it can really have a good effect on the price of GB. Question only and there is that burn? the cap is quite small in comparison for example with the dash.
CryptoUnicornRider
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November 12, 2018, 10:19:21 PM
 #20915

Hello dear snowflake complainers  Grin


I know you have reading and understanding troubles, so I will limit myself to very simple and very specific questions.


First set of questions :

Do you know what is/are the Byteball product(s) ?

Do you know what is/are the Byteball specific market sector(s) ?

Do you know what is/are the Byteball target group(s) ?

Do you know how to soak up deeply the mind of the Byteball target group(s) ?

Do you know what is/are need(s) of the Byteball target group(s) ?

Do you know what is/are the Byteball method(s) to reach its aim(s) ?




So, you pretend that the Byteball team should focus exclusively on early investors, holders and speculators.


Second set of questions :

Could you explain us why ?

Could you explain us what is the added value of this group for the Byteball platform ?

Could you explain us what have they do for the Byteball platform and what have you do ?



By the way, you pretend that the Byteball team should also focus on building Blackbytes bridges with BISQ and OpenBazaar.


Third set of questions :

Do you know what is Blackbytes ?

Do you know how works Blackbytes ?

Do you know how works BISQ ?

Could you explain us why the Byteball team should help criminals ?

Could you explain us what will be the consequences for the Byteball team and the Byteball platform if they help criminals ?



Don't make me wait too long, I have an article to write and your expertise will help me. By the way, don't hesitate to collaborate and don't hesitate to be more specific than yes or no answers Wink

See you soon
joe1823
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November 13, 2018, 07:25:55 PM
 #20916

Nothing wrong with a lesser decentralized project fro some use cases. (look at EOS)
But this is just taking too long.....................
- Funds should have been distributed years ago.
- 12 DIFFERENT witnesses should have been in place already.
There's just too much uncertainty.
CryptoUnicornRider
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November 13, 2018, 11:39:01 PM
Last edit: November 14, 2018, 12:53:30 AM by CryptoUnicornRider
 #20917

Nothing wrong with a lesser decentralized project fro some use cases. (look at EOS)
But this is just taking too long.....................
- Funds should have been distributed years ago.
- 12 DIFFERENT witnesses should have been in place already.
There's just too much uncertainty.

Hi joe1823,

How could Byteball platform reach mass/wide adoption if all funds are concentrate in hands of few ?
Have any previous cryptocurrency reached mass adoption with concentration ? Could you mention an example ?
Has the first cryptocurrency reached mass adoption in ten years with whales ?

12 witnesses are already in place even if they are controlled by Anton Churyumov. Being an autonomous witness has technical constraints. You need to be known and trusted, have appropriate hardwares, Internet landlines and technical knowledge. So, it takes time and money. By the way, with more users, the Byteball network will attract new autonomous witnesses. Finally, the first autonomous witness has been revealed one month ago.

And Byteball has not yet two years. So, patience is required.

Hope I answered appropriately to your post.
PinchClock
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November 14, 2018, 07:43:57 AM
 #20918

In other news, https://www.bbc.com/news/technology-46150107

A Chinese headmaster was fired for using his school's electricity supply to mine Ethereum. A better idea would have been using Byteball: no miners, no blocks, just transactions.  Cool
keeek
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November 14, 2018, 09:00:01 AM
 #20919

I observe this thread from the beginning and I'm a bit disappointed that there is no community management at all. I once had a few ideas for the bot store, the distribution and posted other things here, for example the observation, that the Byteball Explorer is unreadable for human users at the moment, etc. Maybe the ideas were crap, but you can also discuss that. No reaction from the Byteball team, although this thread has 1055 pages. I am an investor from the depths of the top 50 addresses (richlist from Byteball.fr - the site is also offline since a few days?! ....anotherone who turns away?) and disappointed that there is no reaction at all.

I will sell my byteball funds now and sell all the bytes I have kept for more than a year.

If anyone is interested, she/he can contact me.
Random-String-Symphony
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November 14, 2018, 09:48:02 AM
 #20920

I observe this thread from the beginning and I'm a bit disappointed that there is no community management at all. I once had a few ideas for the bot store, the distribution and posted other things here, for example the observation, that the Byteball Explorer is unreadable for human users at the moment, etc. Maybe the ideas were crap, but you can also discuss that. No reaction from the Byteball team, although this thread has 1055 pages. I am an investor from the depths of the top 50 addresses (richlist from Byteball.fr - the site is also offline since a few days?! ....anotherone who turns away?) and disappointed that there is no reaction at all.

I will sell my byteball funds now and sell all the bytes I have kept for more than a year.

If anyone is interested, she/he can contact me.

Bitcointalk is not really the best place to discuss ideas. For the longest time there was no team and Tony basically had to do everything by himself. He didn't have time for community management, he was working 18 hours a day on the platform. Anyone could and still can become a contributor through github. Only a few people did. Byteball didn't have ICO funds to work with to hire a team so it had to completely depend on volunteers. Of which I was one myself. I recently joined the team though, since we do have some funds now. We discuss most things on our Slack (https://slack.byteball.org/), which is also free for anyone to join.

The biggest problem is that people just sit and wait for their coins to magically increase in value and let other people do all the work. It doesn't work like that. No community management? Volunteer to do community management, et voila, now it's there.

⚪ Obyte     ❱❱❱     I T   J U S T   W O R K S .    ❱❱❱
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