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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1226962 times)
whotheff
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November 29, 2018, 02:51:55 PM
 #21021


That's very nice. Is there any date already set when this "game" to receive bytes will be launched? When will the rules be published?

Excellent, finally a next step in distribution and it seems like a fun way to manage it. Hopefully it will be limited to recently active wallets. Looking forward to see more how this will be working.

To spread the coin more evenly, it has to be aimed at recently created, active and creating brand new wallets.
Otherwise it goes to the whales. After all, mass adoption is aimed. Also - there is no push for creating
relay nodes, nor a complete guide how to do it.
Example, I'm willing to run such node, but i need a thorough guide, since Linux is not my main focus.

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tarmo888
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November 29, 2018, 05:24:18 PM
 #21022


That's very nice. Is there any date already set when this "game" to receive bytes will be launched? When will the rules be published?

Excellent, finally a next step in distribution and it seems like a fun way to manage it. Hopefully it will be limited to recently active wallets. Looking forward to see more how this will be working.

To spread the coin more evenly, it has to be aimed at recently created, active and creating brand new wallets.
Otherwise it goes to the whales. After all, mass adoption is aimed. Also - there is no push for creating
relay nodes, nor a complete guide how to do it.
Example, I'm willing to run such node, but i need a thorough guide, since Linux is not my main focus.

You forgot the fact that whales can create also new wallets and addresses, so this spreading coins to recently created ones has no effect, but distribution that has some kind of attestation gives somewhat control over not having the same people rewarded too many times.

Detailed guide how to run headless-wallet, relay and hub will be published soon. If you would be in Byteball community on Slack then you would already seen some drafts about them.
Thul
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November 29, 2018, 05:54:21 PM
 #21023


That's very nice. Is there any date already set when this "game" to receive bytes will be launched? When will the rules be published?

Excellent, finally a next step in distribution and it seems like a fun way to manage it. Hopefully it will be limited to recently active wallets. Looking forward to see more how this will be working.

To spread the coin more evenly, it has to be aimed at recently created, active and creating brand new wallets.
Otherwise it goes to the whales. After all, mass adoption is aimed. Also - there is no push for creating
relay nodes, nor a complete guide how to do it.
Example, I'm willing to run such node, but i need a thorough guide, since Linux is not my main focus.

You forgot the fact that whales can create also new wallets and addresses, so this spreading coins to recently created ones has no effect, but distribution that has some kind of attestation gives somewhat control over not having the same people rewarded too many times.
I had a hunch: Only those who drop their pants (KYC) are allowed to play along.  Grin
tarmo888
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November 29, 2018, 06:32:42 PM
 #21024

I had a hunch: Only those who drop their pants (KYC) are allowed to play along.  Grin

Do you have any actually ideas how to distribute coins so whales don't get it (whale can be any script-kiddie who finds a loophole). Nobody wants a coin, where most of it is owned by whales, that is no way different than fiat currencies. Why are you even here, Byteball clearly doesn't fit with what you want, go buy some Monero.
pineapple express
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November 29, 2018, 06:59:27 PM
 #21025

OMG again. KYC your mom russian spies
Thul
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November 29, 2018, 07:02:05 PM
Last edit: November 29, 2018, 07:20:03 PM by Thul
 #21026

Those who engage in this nonsense have no place in the Cryptoworld. - Basically they only want Fiat.
And where do the bites end up? - Exactly, with the whales.  Tongue

I, on the other hand, still can't sell anything against black bites.
Will that ever be possible? - I don't know.

.. Why are you even here, Byteball clearly doesn't fit with what you want, go buy some Monero.
I know, I know. Thank you for the reconfirmation.

@all
The team is fooling you as long as you don't fight this endless series of wrong decisions together.
whotheff
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November 29, 2018, 08:10:15 PM
 #21027

OMG again. KYC your mom russian spies

You made me laugh Pineapple Express Cheesy Cheesy

You are right. Why do you have distributed network, e-mail confirmation, encrypted connection,
anonymous payments... and then you KYC. What is the point then?

I think this coin needs to decide if it is going to be 100% anonymous
or 100% KYC. Having both in one coin seems to bee too hard for the team
or too hard in general when combined with mass adoption and anti-whale.


@Tarmo88 - sorry, cannot install another chat app just to monitor progress.
I'll visit btctalk from time to time.

Instead of giving Byteballs for free, consider proven method with bounties
for articles, nodes, promo videos, guides, translations, etc.
That way you will atleast get some work done for the project.

Thul
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November 29, 2018, 09:16:48 PM
Last edit: November 29, 2018, 10:30:45 PM by Thul
 #21028

Instead of giving Byteballs for free, consider proven method with bounties
for articles, nodes, promo videos, guides, translations, etc.
That way you will atleast get some work done for the project.
Even better: For the development of a decentralized marketplace where I and thousands of my colleagues can finally sell goods against black bites.  Cool
tarmo888
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November 29, 2018, 10:20:02 PM
Last edit: November 29, 2018, 10:34:09 PM by tarmo888
 #21029

OMG again. KYC your mom russian spies
You made me laugh Pineapple Express Cheesy Cheesy
So, Russophobia makes your day? Your blend of humor, what you like is when somebody says something phobic? Or did the Your Mom joke make you laugh? Shouldn't you be in bed already?


You are right. Why do you have distributed network, e-mail confirmation, encrypted connection,
anonymous payments... and then you KYC. What is the point then?
Point is, you can't distribute coin that doesn't have mining without creating whales if you don't make sure that the addresses belong to different people. 1 address is not 1 user. Kind of insane that you still don't get the basics of being anonymous and how cryptocurrencies work (you can create as many addresses you want, all transactions are on public database).


I think this coin needs to decide if it is going to be 100% anonymous
or 100% KYC. Having both in one coin seems to bee too hard for the team
or too hard in general when combined with mass adoption and anti-whale.
Where did you get that 100% anonymous claim? Nothing is as black and white as 100% anonymous or 100% KYC. Bitcoin is also not 100% anonymous. Bytes are not 100% anonymous, blackbytes are anonymous (don't know what percentage). Even Monero is not 100% anonymous.


@Tarmo88 - sorry, cannot install another chat app just to monitor progress.
I'll visit btctalk from time to time.
You do not need an app for that, you register there http://slack.byteball.org/ and you chat there https://byteball.slack.com/ (no app, web browser)


Instead of giving Byteballs for free, consider proven method with bounties
for articles, nodes, promo videos, guides, translations, etc.
That way you will atleast get some work done for the project.
Byteball has #grants (Slack channel) for developers and bounties for translations via Utopian.io
It even had contest for writers https://www.reddit.com/r/ByteBall/comments/9ud8j5/writers_wanted_new_byteball_contest/
Some people (except you) work on Byteball every day and they don't come to Bitcointalk to whine. Others who don't work on Byteball, just keep themselves up to date, so they wouldn't embarrass themselves claiming something that is not true (that's you).
tarmo888
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November 29, 2018, 10:46:07 PM
 #21030

Those who engage in this nonsense have no place in the Cryptoworld. - Basically they only want Fiat.
And where do the bites end up? - Exactly, with the whales.  Tongue

I, on the other hand, still can't sell anything against black bites.
Will that ever be possible? - I don't know.

.. Why are you even here, Byteball clearly doesn't fit with what you want, go buy some Monero.
I know, I know. Thank you for the reconfirmation.

@all
The team is fooling you as long as you don't fight this endless series of wrong decisions together.

This is not how it works, nobody forces you to use Byteball like government forces you to use the fiat. You pick whatever cryptocurrency that suits for you by doing the research what the coin is about. If you want sell your Blackbytes on something, go build that something or convince somebody else to build it for you. You are not convincing anybody at the moment because you think that you can force others to do something (also not how open-source works).
Thul
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November 29, 2018, 11:05:56 PM
 #21031

What tarmo888's hiding: With the again crazy distribution method people get bites that don't really do anything with it. - KYC sheep are only interested in Fiat.

I'm sure the team is aware of that. Which makes the suspicion stronger that these tricks are really about something completely different.

The team is obviously not interested in creating a benefit that ultimately leads to broad acceptance.
Proof:

This is not how it works, nobody forces you to use Byteball like government forces you to use the fiat. You pick whatever cryptocurrency that suits for you by doing the research what the coin is about. If you want sell your Blackbytes on something, go build that something or convince somebody else to build it for you. You are not convincing anybody at the moment because you think that you can force others to do something (also not how open-source works).
CryptoRobert
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November 29, 2018, 11:24:30 PM
 #21032


Where did you get that 100% anonymous claim? Nothing is as black and white as 100% anonymous or 100% KYC. Bitcoin is also not 100% anonymous. Bytes are not 100% anonymous, blackbytes are anonymous (don't know what percentage). Even Monero is not 100% anonymous.


As far as I know Blackbytes are 100% anonymous, and they are so untrackable that this makes it in fact impossible to trade them on centralized exchanges.
tarmo888
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November 29, 2018, 11:59:06 PM
Last edit: November 30, 2018, 12:40:24 AM by tarmo888
 #21033


Where did you get that 100% anonymous claim? Nothing is as black and white as 100% anonymous or 100% KYC. Bitcoin is also not 100% anonymous. Bytes are not 100% anonymous, blackbytes are anonymous (don't know what percentage). Even Monero is not 100% anonymous.


As far as I know Blackbytes are 100% anonymous, and they are so untrackable that this makes it in fact impossible to trade them on centralized exchanges.

There is no such thing as 100% anonymous, not even with TOR. There is no 100% anonymity because there is always cost for that anonymity, that's why Monero is slow and expensive. Also, most people will reveal themselves some other way (usually they befriend undercover FBI agents) even if they use the most anonymous currency. Ross Ulbricht didn't get caught because of Bitcoin semi-anonymity, he got caught because he needed to learn how to use TOR with PHP on StackOverflow.

What makes Blackbytes "impossible" to trade on centralized exchanges is that it would not be anonymous if it goes through centralized exchange, you will be trusting your anonymity to the centralized exchange. It's not impossible, it's just very unfriendly for any exchange to do, because it would go against their purpose. Adding it to centralized exchange would be same kind of stupid thing as ETFs, which are no different than how current banks work. People should have their own private keys, not let others hold their money.
tarmo888
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November 30, 2018, 12:22:59 AM
 #21034

What tarmo888's hiding: With the again crazy distribution method people get bites that don't really do anything with it. - KYC sheep are only interested in Fiat.

I'm sure the team is aware of that. Which makes the suspicion stronger that these tricks are really about something completely different.

The team is obviously not interested in creating a benefit that ultimately leads to broad acceptance.
Proof:

This is not how it works, nobody forces you to use Byteball like government forces you to use the fiat. You pick whatever cryptocurrency that suits for you by doing the research what the coin is about. If you want sell your Blackbytes on something, go build that something or convince somebody else to build it for you. You are not convincing anybody at the moment because you think that you can force others to do something (also not how open-source works).

Nobody is forcing you to participate where you think that the amount of privacy you give away is not worth it. You can still use Byteball even if you don't do KYC and your personal info is safe in your wallet, not on public database. Not everybody who does KYC is interested in withdrawing to shitty fiat currencies, many do KYC in order to buy cryptocurrencies legally.

Whales get it only when people who don't understand cryptocurrencies sell their coins, so instead of spreading FUD and causing the price to drop, we should educate them not to sell. Bitcoin would not have dropped so low either if there wouldn't be so many people who don't understand the value (it's not privacy, blockchains are public) in cryptocurrencies. Then again, it probably wouldn't ever gone so high either.
Thul
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November 30, 2018, 07:29:42 AM
Last edit: November 30, 2018, 07:41:46 AM by Thul
 #21035


Where did you get that 100% anonymous claim? Nothing is as black and white as 100% anonymous or 100% KYC. Bitcoin is also not 100% anonymous. Bytes are not 100% anonymous, blackbytes are anonymous (don't know what percentage). Even Monero is not 100% anonymous.


As far as I know Blackbytes are 100% anonymous, and they are so untrackable that this makes it in fact impossible to trade them on centralized exchanges.
On a decentralized market, where you can also buy goods and services for black bites, they are very easy to trade.
But the team is not interested in meaningful developments that massively increase the benefits.

The intention must be different.

KYC... unbelievable...

Hint to the speculators: A benefit also increases the value and thus also the price of the currency.
funcho
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do your own research


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November 30, 2018, 11:56:52 AM
 #21036

careful when you change the HUB Roll Eyes

i inserted byteball.com/bb instead of byteball.org/bb now my wallet crashes each time i try to restore with seed
still haven't fixed it
deleting the /users/byteball folder doesn't help

https://bit.ly/bittmex
whotheff
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November 30, 2018, 01:35:07 PM
 #21037

OMG again. KYC your mom russian spies
You made me laugh Pineapple Express Cheesy Cheesy
So, Russophobia makes your day? Your blend of humor, what you like is when somebody says something phobic? Or did the Your Mom joke make you laugh? Shouldn't you be in bed already?


You are right. Why do you have distributed network, e-mail confirmation, encrypted connection,
anonymous payments... and then you KYC. What is the point then?
Point is, you can't distribute coin that doesn't have mining without creating whales if you don't make sure that the addresses belong to different people. 1 address is not 1 user. Kind of insane that you still don't get the basics of being anonymous and how cryptocurrencies work (you can create as many addresses you want, all transactions are on public database).


I think this coin needs to decide if it is going to be 100% anonymous
or 100% KYC. Having both in one coin seems to bee too hard for the team
or too hard in general when combined with mass adoption and anti-whale.
Where did you get that 100% anonymous claim? Nothing is as black and white as 100% anonymous or 100% KYC. Bitcoin is also not 100% anonymous. Bytes are not 100% anonymous, blackbytes are anonymous (don't know what percentage). Even Monero is not 100% anonymous.


@Tarmo88 - sorry, cannot install another chat app just to monitor progress.
I'll visit btctalk from time to time.
You do not need an app for that, you register there http://slack.byteball.org/ and you chat there https://byteball.slack.com/ (no app, web browser)


Instead of giving Byteballs for free, consider proven method with bounties
for articles, nodes, promo videos, guides, translations, etc.
That way you will atleast get some work done for the project.
Byteball has #grants (Slack channel) for developers and bounties for translations via Utopian.io
It even had contest for writers https://www.reddit.com/r/ByteBall/comments/9ud8j5/writers_wanted_new_byteball_contest/
Some people (except you) work on Byteball every day and they don't come to Bitcointalk to whine. Others who don't work on Byteball, just keep themselves up to date, so they wouldn't embarrass themselves claiming something that is not true (that's you).


1. Russophobia? LoL Smiley Hell no! It's the sentence just sounds hilarious in my native language (imagine Arnold Schwarzenegger saying it Cheesy). Please excuse me if my sense of humor offends you.

2. Yes, you can distribute the coin evenly without creating (lazy) whales
I'm new to this coin. I opened the BTC talk thread and red the first page. Did not see any bounties.
Installed the wallet, saw there were some bots, verified my e-mail. and got some Byteballs (the claim was $10 worth, but i actually got $0.01).
Then i started mining and searching for a way to acquire more of it. I found what a witness is, I found there are nodes, but you get nothing for running them.
Plus, they require some Linux skills. Then i started asking questions. Thanks to the people here (and also you) I learned more. I was amazed how a simple wallet can accomodate hybrid coin which has both: a regular coin, mineable via WCG (where you also help anti-cancer research) and an Anonymous equivalent. Then you add automatic bots which work very well plus high speed of transactions (seconds!). I started wondering why it is not famous!?

Then i visit the last topic and it says there that you have to KYC to obtain coins. I see no clear vision for development and no action plan. So i suggested ways for people to be paid for spreading the coin. My intention is to help it grow.

I'm also interested in other coins and i monitor their progress for a long time. I can see this coin work by creating a lot of bounties for it (translations of: wallet, whitepaper, BTC talk tread, articles, videos, twitter posts, signature bounties you name it!), spreading the news among CPU mineable forums, threads is a must. Creating an exchange will boost things a lot. Creating a real-world use for the coin will shoot it sky-high.  How to avoid script kiddies to create thousands of wallets and just wait for the drop? By making them earn those coins! In other cryptos they had the same problem. Referral bonus was high, so they got thousands of fake referrals. How did they fight that: 1 week delay before referral payment, so they can check for scam. They were sifting them manually until one day they implemented AI bot to do this and since then it runs flawlessly.

All this means there are ways to do it right, just use the carrot.

Thul
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November 30, 2018, 02:00:28 PM
 #21038

.. I started wondering why it is not famous!?
Because the benefit is missing and the team persistently refuses to develop one.
Instead, for months, one mischief has followed another. Of course without any coordination with the community (i.e. the people outside the filter bubble).

The project management's sense of reality is generally not very pronounced. So it took two years until they were able to change this unspeakable naming hopefully soon.
whotheff
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November 30, 2018, 03:10:10 PM
 #21039

.. I started wondering why it is not famous!?
Because the benefit is missing and the team persistently refuses to develop one.
Instead, for months, one mischief has followed another. Of course without any coordination with the community (i.e. the people outside the filter bubble).

The project management's sense of reality is generally not very pronounced. So it took two years until they were able to change this unspeakable naming hopefully soon.

Sorry to hear that, I really liked the project idea.

Thul
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November 30, 2018, 04:08:44 PM
 #21040

.. I started wondering why it is not famous!?
Because the benefit is missing and the team persistently refuses to develop one.
Instead, for months, one mischief has followed another. Of course without any coordination with the community (i.e. the people outside the filter bubble).

The project management's sense of reality is generally not very pronounced. So it took two years until they were able to change this unspeakable naming hopefully soon.

Sorry to hear that, I really liked the project idea.
The project idea is excellent. That's why I'm still here.
Only the team shines with arrogance and ignorance and an absurd misjudgement of reality.

This is no coincidence:
"Byteball Bytes price equal to 27.942 USD at 2018-11-30, but your current investment may be devalued in the future."
https://walletinvestor.com/forecast/byteball-bytes-prediction

Regularly the project could already be in the top 10 - if some maniacs didn't have the control.
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