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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1216842 times)
tarmo888
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November 16, 2018, 02:21:08 AM
Last edit: November 16, 2018, 02:38:23 AM by tarmo888
 #20981


crypotounicornrider    Date Registered:   12-10-2018
tarm0888                  Date Registered:   12-10-2018


come on guys....


Hi cryptohunter,

First, my aim is not to offend you or to disrespect you. You have logical arguments and you have been here since the beginning and I respect that.

Nevertheless, I believe that your exclusive focus on investors and speculators doesn't serve the Byteball platform cause. Worst, it's fuel for pessimists and trolls.

In plus, you don't give any real consideration to Byteball platform aims : Wide adoption and real world adoption. Grossly translated, that means first mister and miss everybody and secondly the industrial, financial and retail sector even if these target groups are complementary. These groups don't care about CC markets even if financial sector could monitor it from a remote perspective.

In my opinion, investors/speculators/BTC holders were useful as a kick-starter. But now, the snowball effect doesn't need them to grow the network.

I was a Byteball BitcoinTalk thread's silent reader since January 2017. To improve my understanding of the Byteball platform, I decide to share my poor knowledge with users. Barborrico used it nicely. And I noticed that Tarmo888 subscribed the same day than myself. Two possibilities, it's a coincidence or, more egocentric, I motivate him to act :-) Only Tarmo888 can answer to it.

And I guarantee you that we are two different persons even if we have common aims. He's a lion. He spends a lot of energy trying to sanitize the Byteball BitcoinTalk thread of pessimist people. And he's doing an important job because this thread should be used to inform and help the Byteball community, not to spread pessimism. Btw, I call this kind of behaviors insider trading.

In my opinion, BitcoinTalk threads are focus on the CC market community (your target). So, I prefer focus myself on other targets. Maybe have you read some of my articles like Byteball : A pizza for two generals or Byteball : An Unstoppable Financial Revolution ;-)

I sincerely hope you'll stop to fuel pessimists and trolls. And that you review your positions about how relevant is wide adoption and real world adoption.

And I don't think that Anton Churyumov is naive. In fact, he has a master plan in mind since the beginning. But it's my personal opinion.

Pleasure to read you again.

I 100% agree what crypotounicornrider said, but that could be because crypotounicornrider and tarmo888 could be the same person. I guess you will never know because that what is the disadvantage of anonymous platforms. You don't know how many actual people are behind usernames, same way you can't tell how many actual people are behind Bitcoin addresses.

But wait, there is more, maybe this person who is behind these 2 accounts that agree with each other, is also behind account that is total opposite and the motivation to do this to prove why anonymous witnesses is bad idea.

Thul    Date Registered:   11-10-2018

What if it's another alter-ego of the same person:
* Thul is against KYC, I am pro-KYC.
* Thul likes blackbytes, I don't give sh|t about blackbytes (I don't have any either, never had).
* Thul thinks that Bitcoin airdrop was good idea, i think it was bad idea.
* Thul thinks random anonymous witnesses are good idea, i think it is worse idea ever.

Also, Thul is Luht backwards. Luht is common Estonian familyname and means "meadow that gets flooded" (also very common thing to happen in Estonia and Finland). Guess what is also popular is Estonia and Finland. Yeah, Tarmo means energy/power in Finnish and is firstname in Finland and Estonia. Did anybody also noticed my other fun facts about Estonian and Finnish language?

Also, Pineapple Express IS NOT me, but he has been a great inspiration because of his split-personality.
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Thul
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November 16, 2018, 08:48:31 AM
 #20982

A crypto currency that wants to survive concentrates on a corresponding target group. This target group should be defined in advance and the development should be concentrated in this direction.

As soon as there are state crypto currencies, the dream of a mass adoption of free cryptos is over. Free Cryptos will only occupy small niches (if they are able to define them clearly).

There is no clearly defined target group for bite ball. Result:
"Byteball Bytes price equal to 38.946 USD at 2018-11-16, but your current investment may be devalued in the future."
tarmo888
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November 16, 2018, 08:56:40 AM
 #20983

A crypto currency that wants to survive concentrates on a corresponding target group. This target group should be defined in advance and the development should be concentrated in this direction.

As soon as there are state crypto currencies, the dream of a mass adoption of free cryptos is over. Free Cryptos will only occupy small niches (if they are able to define them clearly).

There is no clearly defined target group for bite ball. Result:
"Byteball Bytes price equal to 38.946 USD at 2018-11-16, but your current investment may be devalued in the future."

This is exactly what my alter-ego would say.
pineapple express
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November 16, 2018, 09:17:04 AM
 #20984

Quote
Those remained that were different and/or had dedicated teams to support those coins (Litecoin, XRP, Dogecoin)
Litecoin is not different, is a worse copy of bitcoin. Shorter distance between blocks means less POW. So if you need at least 2 blocks in bitcoin, some merchants wait 6, in litecoin you will need 8 - 48 blocks to get the same security.  Again any altcoin has hash power less than 51% of the hash power aviable on the market, it always under risk of 51 attack. So it never will be as safe as bitcoin. This is why litecoin is a worse copy of bitcoin.
tarmo888
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November 16, 2018, 09:26:14 AM
 #20985

Quote
Those remained that were different and/or had dedicated teams to support those coins (Litecoin, XRP, Dogecoin)
Litecoin is not different, is a worse copy of bitcoin. Shorter distance between blocks means less POW. So if you need at least 2 blocks in bitcoin, some merchants wait 6, in litecoin you will need 8 - 48 blocks to get the same security.  Again any altcoin has hash power less than 51% of the hash power aviable on the market, it always under risk of 51 attack. So it never will be as safe as bitcoin. This is why litecoin is a worse copy of bitcoin.

Yes, but they didn't give up and actually implemented many improvements much earlier than Bitcoin (SegWit, Lightning etc). And they also focused heavily to be on all major exchanges. That what made them different from rest of the hundreds coins that were abandoned.
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November 16, 2018, 05:08:07 PM
 #20986

I need help with an error message that appears on client launch from one day to another. New installation of the client software did not solve the error. I use MacOs.

Message encrypted to unknown key. The error might be caused by restoring from an old backup or using the same keys on another device



Is anyone here who can help me on this? Someone pm'ed me and told me the issue arise if one run the same wallet on different machines. However, I have run the wallet only on one machine since I am dealing with Byteball. I also did not restore a wallet backup or something else. Just want to get back access to my Bytes :/

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November 16, 2018, 07:20:46 PM
Last edit: November 16, 2018, 08:31:07 PM by vlom
 #20987

I need help with an error message that appears on client launch from one day to another. New installation of the client software did not solve the error. I use MacOs.

Message encrypted to unknown key. The error might be caused by restoring from an old backup or using the same keys on another device



Is anyone here who can help me on this? Someone pm'ed me and told me the issue arise if one run the same wallet on different machines. However, I have run the wallet only on one machine since I am dealing with Byteball. I also did not restore a wallet backup or something else. Just want to get back access to my Bytes :/

i had this too. sorry but i cant remember what i did to solve it.
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November 16, 2018, 08:30:49 PM
Merited by tyz (1)
 #20988

what i found is this:

i was not able to start the osx wallet and received this message.

Uncaught exception: Error: message encrypted to unknown key, device , len=228. The error might be caused by restoring from an old backup or using the same keys on another device.

i had this problem after I had done this:

I changed the hub from https://byteball.fr to byteball.org/bb

so I had old messages encrypted with my old key and stored on the other hub.

what solved the problem was:
i switched back the hub.
i deleted all the messages.
then i changed the hub and received the error message.
the wallet crashed.
the after the next restart the wallet worked again.
CryptoUnicornRider
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November 16, 2018, 09:25:19 PM
 #20989

You're Machiavellian Tarmo888 😂😂😂 We are all Agent Smith.
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November 16, 2018, 10:42:39 PM
Merited by tyz (1)
 #20990

I need help with an error message that appears on client launch from one day to another. New installation of the client software did not solve the error. I use MacOs.

Message encrypted to unknown key. The error might be caused by restoring from an old backup or using the same keys on another device



Is anyone here who can help me on this? Someone pm'ed me and told me the issue arise if one run the same wallet on different machines. However, I have run the wallet only on one machine since I am dealing with Byteball. I also did not restore a wallet backup or something else. Just want to get back access to my Bytes :/

I remember a similar error was reported on our Slack helpdesk. AFAIR it could be resolved by starting the wallet several times.

Follow me on twitter for the latest news on bitcoin and altcoins and I'll follow you back the same day!
Obyte - An open cryptocurrency platform ready for real world adoption
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November 19, 2018, 08:44:53 AM
 #20991

Read the latest Byteball email newsletter: Delta listing

https://medium.com/@byteballjesus/read-the-latest-byteball-email-newsletter-delta-listing-f922b7b3a804
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November 19, 2018, 11:41:09 AM
 #20992

Tony, Byteball founder and lead developer. Ask me anything - Nov 19-20

https://www.reddit.com/r/ByteBall/comments/9yfbvt/i_am_tony_byteball_founder_and_lead_developer_ask/
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November 19, 2018, 01:55:27 PM
 #20993

what i found is this:

i was not able to start the osx wallet and received this message.

Uncaught exception: Error: message encrypted to unknown key, device , len=228. The error might be caused by restoring from an old backup or using the same keys on another device.

i had this problem after I had done this:

I changed the hub from https://byteball.fr to byteball.org/bb

so I had old messages encrypted with my old key and stored on the other hub.

what solved the problem was:
i switched back the hub.
i deleted all the messages.
then i changed the hub and received the error message.
the wallet crashed.
the after the next restart the wallet worked again.

I need help with an error message that appears on client launch from one day to another. New installation of the client software did not solve the error. I use MacOs.

Message encrypted to unknown key. The error might be caused by restoring from an old backup or using the same keys on another device



Is anyone here who can help me on this? Someone pm'ed me and told me the issue arise if one run the same wallet on different machines. However, I have run the wallet only on one machine since I am dealing with Byteball. I also did not restore a wallet backup or something else. Just want to get back access to my Bytes :/

I remember a similar error was reported on our Slack helpdesk. AFAIR it could be resolved by starting the wallet several times.

Thank you both for your help! I followed both suggestions and after several restarts I got a message at startup "whether the hub X should be replaced by hub Y?" I clicked on "replace" button and now my wallet works again. I have no idea which of the two methods led to success.

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November 19, 2018, 02:38:50 PM
 #20994

I just got message from the wallet:

NEW WITNESSES

The hub suggests replacing the following witnesses:

JEDxxxxxxxxxxxxxxxxxxxxxxxx

to

4GDxxxxxxxxxxxxxxxxxxxxxxx

REPLACE               Maybe LATER

Can someone explain what this means?

Who are these witnesses? Whom should i trust and why?
barborrico
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November 19, 2018, 04:59:24 PM
 #20995

https://medium.com/byteball/first-decentralized-witness-candidate-rogier-eijkelhof-9e5619166334

https://medium.com/byteball/rogier-eijkelhof-added-to-byteball-default-witness-list-f1555e1fdc8d

https://steemit.com/byteball/@barborrico/witnesses-in-byteball

https://steemit.com/byteball/@barborrico/witnesses-in-byteball-and-ii
whotheff
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November 19, 2018, 05:27:31 PM
 #20996


Thanks for the education materials. However this created more questions than
answers.

1. why I should prefer one addres before another?

for me they are just a bunch of numbers and letters

2. what happens if a trusted witnes goes rouge?

3. What happens when he dies?
barborrico
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November 19, 2018, 09:14:48 PM
 #20997


1. why I should prefer one addres before another?

for me they are just a bunch of numbers and letters

At least you have to agree on 11 of 12 network witnesses in order to use the platform.

2. what happens if a trusted witnes goes rouge?

3. What happens when he dies?
Nothing, if their node is still running.
whotheff
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November 19, 2018, 09:24:47 PM
 #20998


1. why I should prefer one addres before another?

for me they are just a bunch of numbers and letters

At least you have to agree on 11 of 12 network witnesses in order to use the platform.

2. what happens if a trusted witnes goes rouge?

3. What happens when he dies?
Nothing, if their node is still running.

How do I know if i should trust

JEDxxxxxxxxxxxxxxxxxxxxxxxx

or

4GDxxxxxxxxxxxxxxxxxxxxxxx ?

tarmo888
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November 20, 2018, 02:36:00 AM
 #20999


1. why I should prefer one addres before another?

for me they are just a bunch of numbers and letters

At least you have to agree on 11 of 12 network witnesses in order to use the platform.

2. what happens if a trusted witnes goes rouge?

3. What happens when he dies?
Nothing, if their node is still running.

How do I know if i should trust

JEDxxxxxxxxxxxxxxxxxxxxxxxx

or

4GDxxxxxxxxxxxxxxxxxxxxxxx ?



Your passport number is also just bunch of letters and numbers, the pledge PDF says that Rogier is behind that address.

You might want to read the pledge PDF again https://medium.com/byteball/first-decentralized-witness-candidate-rogier-eijkelhof-9e5619166334

Quote
I have set up a “dead man’s switch” failsafe construction to make sure if I come to die or otherwise unable to personally operate or maintain my witness node, the information to unlock my node keys will become available to 3 trusted members from the community, secured with 2-out-of-3 keys encryption.

All the other witnesses are in control of the Tony, so if you want Byteball to become more decentralized, you will replace Tony's witness. Also, default Hub is in control of Tony, so basically the founder of Byteball suggest you to replace witness that is not him anymore. When all 11 witnesses have replaced (Tony have said to be only one) then it becomes a matter if I should trust old one or new one, until then replace it makes Byteball more decentralized and should be no-brainer thing to do.
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November 20, 2018, 03:54:05 AM
 #21000

Thanks for the info.

I think this should be explained when you get the question in the wallet.
Imagine mine (and probably everyone else's) suprise and head scratching
when they ask you if you trust one or another byteball address Smiley


Now i have more questions: can i run a hub under windows OS?
I saw the github repository, but unfortunately have minimal Linux experience.
If it is Linux only, what are the system requireents and is there
a (very) detailed guide how to set it up?
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