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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1164783 times)
CryptoRobert
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November 08, 2018, 11:25:26 PM
 #20921

I'm interested in getting into the identity verification issue, so as to be able to send vouchers to friends. However, there are a few things I'd like to understand first on that topic.
This is the medium post which has introduced the subject in January 2018:

https://medium.com/byteball/bringing-identity-to-crypto-b35964feee8e

Someone below the article is asking : "Can I have several accounts with the same identity?" and the answer is "yes". But I didn't understand exactly how that would work.

Let's say I'd like to create a wallet with a "public" profile, ie linked to my identity, in the app on my laptop. Later I'd decide to "extend" my identity also to a wallet I'm having on my mobile phone and/or to a multisig wallet on my PCs. How exactly would I have to do?

And another question: If I'm creating a wallet with little funds inside an app where is already another (main) wallet of mine with all my funds (which for obvious reasons I'd like to keep private) - would it be possible to connect my identity just to the wallet with the little funds while keeping full privacy over the other wallet(s) which are in the same app? If yes, what should I especially pay attention to?

If the bot asks you do share your private profile from your wallet (that's where your data is saved, there is no public profile, DAG only has hash), you can share any data from your private profile with that bot and the bot can verify if the Real Name Attestor has posted a hash about it, so the data is not manipulated.

Attested addresses need to be single-address wallets, so I think you can create as many single-address wallets on as many devices and attest them again, I haven't tried it though.

Probably not great to have all your funds on single-address wallet, which is created by default as a first wallet since this January. You get little bit more privacy if you have your funds on wallets that are not single-address wallets (wallets that generate new change addresses). If you move the funds out of that single-address wallet and then attest it publicly (email or steem attestation) then it will be visible that address with your email or steem username once had that many bytes, but they need to do lot more to find out, which change addresses it has moved in your other wallet. With email and steem attestation, you have also option to do the private attestation, but then you won't get the features that let's others use them as aliases to your Byteball address. You can always later go from private to public (except real name attestation), but not other way.

Thanks for your answer. Still not everything is clear to me. I know nothing about the "steem attestation" so I don't understand how this fits with the theme and half of your explanation makes therefore no sense to me.

My question which went unanswered is what  "Can I have several accounts with the same identity?" and the answer is "yes". " exactly means.
Do you have to perform a new KYC (at a $8 cost) for every new address you create or is it possible to apply an already made KYC also to new addresses?
I'm asking because I'd probably want to have an attested address being a multisig address, but in this moment I have no access to all my devices so if'd undergo the KYC now I would have to apply it only to one non-multisig address.

I'm happy that Byteball is seeking mass adoption but I can assure you that it is still damned complicated to sort such things out (and I'm no latecomer in this field) and both a simple way to do such things and clear set of explanation and tutoriar are totally missing. Still only a business for nerds, sorry I have to say that.


I am guessing, it depends what an account means, if it is a OS account then it is like new device. If the account is a different wallet inside of the app then same private profile can be used with any of the wallets within same OS account.

But no worries, I will try to answer again in more detail, just differently, so maybe it makes sense this way:
* You can only attest single-address wallet, so you can't attest your multisig wallet because it is not single-address. You also can't attest wallet that has change addresses, but ...
* attestations are saved in the private profile inside your app (per OS account), so it doesn't matter much, which wallet you use on that device because if the bot asks you to provide your identity, you can provide it no matter what wallet you have selected.
* The way attestations work is that they are either private or public and linked to single-address wallet, real name attestation is always private, so only hash is public on DAG. email or steem attestations can either be private or public and if user picks public then email/username are public on DAG too. Reason I mention this is that public attestations can be looked up to see whose email/username is linked to which address, but with private attestation you can only check if the profile provided by user is not tampered with (and actually attested by correct attestor), you can't go and look on DAG everybody who are born on year 2000.
* I have not tried to attest with real name attestation on another device, but I am guessing it will ask $8 again if you want to attest it on multiple devices because Jumio will still need to make sure that it's a valid document and it is indeed you. I don't know if there is any other limitations about doing it on multiple devices, but I am guessing you won't get rewards twice on next device with same ID (needs to be different ID for a reward).

Whether it is business for nerds or not, hard to tell. I think we nerds are the ones who want to figure out beforehand what is the most optimal way how to setup these things, but most people will probably just attest the default single-address wallet they have and be done with it.


Thanks, that is a very good answer. As for for they've meant with "account" we should ask both who made that question and who gave that answer on that medium post. Coming to your answer:

Quote
You can only attest single-address wallet, so you can't attest your multisig wallet because it is not single-address.

Are you 100% sure about that? If I create a new wallet inside the app and i select the option for creating a multisig wallet I still am allowed to check also the option to make it a single address wallet. So shouldn't that allow that single address multisig wallet to be used for the Jumio attestation?
This is an important question because if this is possible then:
1. You can prove your identity when necessary regardless of where you are and which of your devices you are using since you have a multisig wallet.
2. With a multisig wallet you enjoy a higher protection against losing your attested wallet due to hardware failure etc.

Finally: if attestations are saved in the private profile inside your app, does that somehow affect your privacy if you are using not attested wallets and you DON'T want to reveal your identity? I guess the answer is no, but this is something we should really be sure about.

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tarmo888
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November 09, 2018, 12:46:01 AM
Last edit: November 09, 2018, 12:06:43 PM by tarmo888
 #20922


Quote
You can only attest single-address wallet, so you can't attest your multisig wallet because it is not single-address.

Are you 100% sure about that? If I create a new wallet inside the app and i select the option for creating a multisig wallet I still am allowed to check also the option to make it a single address wallet. So shouldn't that allow that single address multisig wallet to be used for the Jumio attestation?
This is an important question because if this is possible then:
1. You can prove your identity when necessary regardless of where you are and which of your devices you are using since you have a multisig wallet.
2. With a multisig wallet you enjoy a higher protection against losing your attested wallet due to hardware failure etc.

Finally: if attestations are saved in the private profile inside your app, does that somehow affect your privacy if you are using not attested wallets and you DON'T want to reveal your identity? I guess the answer is no, but this is something we should really be sure about.

You are right, I totally missed that, there is indeed option like that. I have not tried it with multisig, maybe it prompts your other wallet too, so you could save the private profile, if not then the private profile is only in device that communicated with the bot.

EDIT: private profile is stored only in one device at the moment.

You are revealing your identity only when you want to reveal by selecting "..." button from chat, clicking "insert private profile" and choosing, which values you want to share
dautay_crypto
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★777Coin.com★ Fun BTC Casino!


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November 09, 2018, 03:48:00 PM
 #20923

Finally, Byteball started moving upwards.
The coin rose around 7% today.
Nevertheless, recent total daily volume has been low, which should be increased significantly in order to play as one of strong momentum for future movements of GBYTE.

Thul
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November 09, 2018, 05:48:03 PM
 #20924

Finally, Byteball started moving upwards.
The coin rose around 7% today.
Nevertheless, recent total daily volume has been low, which should be increased significantly in order to play as one of strong momentum for future movements of GBYTE.
And what is your proposal to increase demand (and thus volume)?
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November 09, 2018, 08:31:55 PM
 #20925

gefander
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November 10, 2018, 03:30:57 AM
 #20926

And what do you think now the value of the coin on the exchange is overstated or Vice versa understated? As far as I can tell, technically the coin should be in the first hundred.
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November 10, 2018, 03:55:46 AM
 #20927

Byteball is now on Delta Direct! Download the app and add GBYTE for updates from the team.  Cool

https://delta.app/
Thul
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November 10, 2018, 07:48:00 AM
Last edit: November 10, 2018, 08:05:47 AM by Thul
 #20928

- A decentralization that is not one.
- Fiat on the ramp, but certainly not P2P, so no black bites against Fiat (or?).
- With the enormous circulation of the currency, scaling is of course very important.

Q4-2019: Integration of a particle accelerator?
barborrico
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November 10, 2018, 12:12:46 PM
 #20929

- A decentralization that is not one.
Technically, it is not correct.

Factually, even with undistributed witnesses and almost no usage, all transactions achieve finality in 5 - 15 minutes and nobody can rewrite them.

Let there be light!
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November 10, 2018, 12:20:32 PM
Last edit: November 10, 2018, 12:43:47 PM by pineapple express
 #20930

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?
Thul
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November 10, 2018, 01:02:18 PM
 #20931

Why we can't spend balls on advertising for bytebal?
Because marketing doesn't know what argument to use to attract buyers. There is nothing essential that distinguishes bite ball from the competition.

So far, the crypto market has been dominated by speculators. No project is yet willing to focus on the needs of the consumer.

Where the stats? How you can say that bitcoin airdrop was uneffective if you even don't have a stats of steemean 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?
He should donate the remaining 22% to Wikileaks, paradism.org, Open Bazaar or system-critical blogs. They can at least do something useful with it.
Then this distribution debacle is finally over and he can concentrate on more important things: Usefulness
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November 10, 2018, 01:32:20 PM
 #20932

Why we can't spend balls on advertising for bytebal?
Because marketing doesn't know what argument to use to attract buyers. There is nothing essential that distinguishes bite ball from the competition.

So far, the crypto market has been dominated by speculators. No project is yet willing to focus on the needs of the consumer.

Where the stats? How you can say that bitcoin airdrop was uneffective if you even don't have a stats of steemean 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?
He should donate the remaining 22% to Wikileaks, paradism.org, Open Bazaar or system-critical blogs. They can at least do something useful with it.
Then this distribution debacle is finally over and he can concentrate on more important things: Usefulness
Wikileaks dump this shit the next day
jwinterm
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November 10, 2018, 03:53:51 PM
 #20933

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
ByteFan
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November 10, 2018, 05:29:55 PM
Last edit: November 10, 2018, 05:49:47 PM by ByteFan
 #20934

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)

Byteball payment gateway for web merchants https://byteball-for-merchants.com/ - BEEB  (Blackbytes Exchange Bot): https://www.beeb-bot.com/ (closed)
Network map, stats, Top Richests and Byteball world map at https://byteball.fr/ (closed) - Hub operator featuring the cashback witness https://byteball-cashback-witness.com (closed)
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November 10, 2018, 05:49:57 PM
Last edit: November 10, 2018, 06:13:56 PM by tarmo888
 #20935

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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November 10, 2018, 06:23:42 PM
 #20936

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?


⚪ Byteball     ❱❱❱     I T   J U S T   W O R K S .    ❱❱❱
stasyk411
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November 10, 2018, 06:26:16 PM
 #20937

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.

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Random-String-Symphony
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November 10, 2018, 06:37:57 PM
 #20938

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?

⚪ Byteball     ❱❱❱     I T   J U S T   W O R K S .    ❱❱❱
tarmo888
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November 10, 2018, 07:02:35 PM
 #20939

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).
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November 10, 2018, 07:14:06 PM
 #20940

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
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