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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1218044 times)
diyhockey
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January 27, 2019, 09:47:43 AM
Last edit: January 27, 2019, 10:10:12 AM by diyhockey
 #21421

Quote
There aren't many merchants in Ukraine that accept other cryptocurrencies (there are very few for Bitcoin), so it would be surprising to see altcoins accepted there first, but I would look that as opportunity, anybody can become the first merchant to accept Bytes.
Only two coins have sufficient network effects to have the hope of being widely accepted over time only thanks to the efforts of the holders of this coin. The rest of the coins not achieved such a thrust, so we observe their degradation. Their community and adoption is not only not growing, it is decreasing. In their case, the hope is only on the efforts of the team. If the team does not take active steps in this direction, the adoption will never happen. Honestly, i get the feeling that obyte team is not even trying to look for possible partnerships. Either you try, but the product is worse or not better than alternatives. Then i ask myself what the sense of the existence of coins, the main purpose of which is recognized as utopian.
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January 27, 2019, 12:09:23 PM
 #21422

Quote
There aren't many merchants in Ukraine that accept other cryptocurrencies (there are very few for Bitcoin), so it would be surprising to see altcoins accepted there first, but I would look that as opportunity, anybody can become the first merchant to accept Bytes.
Only two coins have sufficient network effects to have the hope of being widely accepted over time only thanks to the efforts of the holders of this coin. The rest of the coins not achieved such a thrust, so we observe their degradation. Their community and adoption is not only not growing, it is decreasing. In their case, the hope is only on the efforts of the team. If the team does not take active steps in this direction, the adoption will never happen. Honestly, i get the feeling that obyte team is not even trying to look for possible partnerships. Either you try, but the product is worse or not better than alternatives. Then i ask myself what the sense of the existence of coins, the main purpose of which is recognized as utopian.
Caution! Criticism is undesirable.
If you now make the mistake of supporting this criticism with arguments, you will very quickly get the title "Troll".
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January 27, 2019, 04:32:28 PM
 #21423

I'm still using v1.10.1 light wallet.  Is that ok?

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.....DeepVault.....
....Blockchain File Signatures....
...deeponion.org...
scambust
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January 27, 2019, 05:10:13 PM
 #21424

I'm still using v1.10.1 light wallet.  Is that ok?

Yeah, I think so. The dev team just made a rebranding which won't affect any Byteball function at all. If there were software updates, it will be related to software.

Looking forward to the effects of the re-branding.
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January 27, 2019, 05:11:15 PM
 #21425

I'm still using v1.10.1 light wallet.  Is that ok?

Yeah, I think so. The dev team just made a rebranding which won't affect any Byteball function at all. If there were software updates, it will be related to software.

Looking forward to the effects of the re-branding.
what you expect?
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January 27, 2019, 05:41:37 PM
Last edit: January 27, 2019, 06:07:59 PM by Yurkov
 #21426

Hello all!

Can anyone explain why Byteball Bytes has disappeared from Coinmarketcap?
Unfortunately, but I can not find it on the list or through the search engine. I can not also found official information about delisting.

Edit/ It looks like the just change the name - now is "Obyte"
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January 27, 2019, 08:38:36 PM
 #21427

I'm still using v1.10.1 light wallet.  Is that ok?

That's like saying: "I am still using Windows 98, is that ok?"

v1.10.1 is not even the latest version of v1 branch. If v1.10.1 is still working for you then I am surprised, but maybe that's because you are using light wallet (with full node that would not be possible).
Current version is 2.6.0, which has had endless amount of features, bug fixes and improvements since v1.10.1
https://github.com/byteball/obyte-gui-wallet/releases
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January 27, 2019, 08:59:52 PM
Merited by kaicrypzen (1)
 #21428

Quote
There aren't many merchants in Ukraine that accept other cryptocurrencies (there are very few for Bitcoin), so it would be surprising to see altcoins accepted there first, but I would look that as opportunity, anybody can become the first merchant to accept Bytes.
Only two coins have sufficient network effects to have the hope of being widely accepted over time only thanks to the efforts of the holders of this coin. The rest of the coins not achieved such a thrust, so we observe their degradation. Their community and adoption is not only not growing, it is decreasing. In their case, the hope is only on the efforts of the team. If the team does not take active steps in this direction, the adoption will never happen. Honestly, i get the feeling that obyte team is not even trying to look for possible partnerships. Either you try, but the product is worse or not better than alternatives. Then i ask myself what the sense of the existence of coins, the main purpose of which is recognized as utopian.

What's the other one besides Bitcoin? Ripple, Ethereum, Litecoin or Dogecoin? These are one of the oldest coins out there, so it is not surprising that they have more network effect.
Did Bitcoin foundation made all those deals that Bitcoin is more accepted than others? No. Obviously the communities are decreasing during the bear market, there was lot of companies who accepted Bitcoin too before the fees went nuts, they discontinued accepting Bitcoin. Many haven't still returned even that fees have gone down and Lightning has become available, many still don't even use native-SegWit (P2WPKH) or pay-to-script-hash (P2SH), but old pay-to-pubkey-hash (P2PKH), which takes longer to be confirmed (I could be wrong about that, but SegWit transactions should be possible to validate faster).
Cryptocurrency companies are not like regular companies where partnerships only happen when deals are made. Cryptocurrencies are open-source, so everybody can become a merchant, you don't need to ask permision for that. If you like the old adoptions-by-deals approach then maybe Ripple is your kind of coin.
Now, during the bear market, it is time to build all those intergrations and those who are ready for next bull-run, benefit from that more.
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January 28, 2019, 09:20:54 PM
 #21429

Now, during the bear market, it is time to build all those intergrations and those who are ready for next bull-run, benefit from that more.
I like the sentence utmost.
As Vitalik (ETH's founder) said somewhere else, bearish period is the time to concentrate more on building up intrinsic value from technical developments.
ETH, years ago, born and grown like this.

Yeah, Vitalik Buterin is great inspiration for me, I also like his view on how ridiculous are those ICOs/testnets who promise high-TPS.
Other people who have similar understanding about bear market are Ivan Liljeqvist, Ari Paul, Anthony Pompliano and Andreas Antonopoulos.
Basically, most people who are not seeing bear market like this first time.
tonych
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January 28, 2019, 09:59:47 PM
Last edit: January 29, 2019, 08:53:28 PM by tonych
 #21430

In case someone missed the news, we are having a poll about the future exchange listings

https://medium.com/obyte/obyte-on-new-exchanges-92f8bb1d0506

Simplicity is beauty
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January 29, 2019, 12:29:22 AM
 #21431

Based on the shit show happening in hear, anyone interested in DAG should check out Constellation, another interesting DAG coin and semi-shitshow currently that does have some long term prospects.

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  Website
    Twitter
      Gitlab
      Reddit
    Telegram
Whitepaper
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tranthidung
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January 29, 2019, 01:50:43 AM
 #21432

I don't know those guys, but will search their information and their roles, impacts in the crypto world later.
Other people who have similar understanding about bear market are Ivan Liljeqvist, Ari Paul, Anthony Pompliano and Andreas Antonopoulos.

Exactly!
Bearish market gives smart investors perfect opportunities to start their dream.
It takes a long period (months or years) for their dream come true, but it is worthy due to massive rewards later.
Quote
Basically, most people who are not seeing bear market like this first time.





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diyhockey
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January 29, 2019, 12:26:01 PM
 #21433

You talk about the price. Of course, the price of most coins is rising in a bull market. There is no need to be an expert, create a portfolio of shit at random, divide the deposit into parts and buy all the deeps, a year, two, three, up to zero prices it does not matter. You will either lose if you was the last fool or win if you will see another bull.
I meant adoption, the only logical explanation for the existence of cryptocurrency. Obyte saw all types of markets and was not adopted on any of them. There is no reason why this story will not happen again if we will see another bull cycle. It is for this reason that I believe that the point is not in market cycles, but in the absence of network effects. After all Obyte lost community on the bull market.
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January 29, 2019, 02:18:10 PM
 #21434

You talk about the price. Of course, the price of most coins is rising in a bull market. There is no need to be an expert, create a portfolio of shit at random, divide the deposit into parts and buy all the deeps, a year, two, three, up to zero prices it does not matter. You will either lose if you was the last fool or win if you will see another bull.
I meant adoption, the only logical explanation for the existence of cryptocurrency. Obyte saw all types of markets and was not adopted on any of them. There is no reason why this story will not happen again if we will see another bull cycle. It is for this reason that I believe that the point is not in market cycles, but in the absence of network effects. After all Obyte lost community on the bull market.
Don't bother. This has been the topic for two years. On this ear the team is deaf. It feels comfortable in its echo chamber and continues to develop gimmicks without demand.
Apart from gambling, there is no target group worth mentioning, and even those are served more comfortably outside the crypto scene.
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January 29, 2019, 07:37:19 PM
 #21435

You talk about the price. Of course, the price of most coins is rising in a bull market. There is no need to be an expert, create a portfolio of shit at random, divide the deposit into parts and buy all the deeps, a year, two, three, up to zero prices it does not matter. You will either lose if you was the last fool or win if you will see another bull.
I meant adoption, the only logical explanation for the existence of cryptocurrency. Obyte saw all types of markets and was not adopted on any of them. There is no reason why this story will not happen again if we will see another bull cycle. It is for this reason that I believe that the point is not in market cycles, but in the absence of network effects. After all Obyte lost community on the bull market.


What? Where did I even mentioned the price before? Bear market is not only about price. Let me explain it to you again.

People leave cryptocurrencies during bear market. Bitcoin was losing adoption even during bull market because Lightning was not available and fees were high. For example, Steam was one of those stopped accepting Bitcoins during bull-market, that was on Dec 6, 2017. Bear market started in mid-January 2018.

Obyte also had more adoption during bull-market, some of the bot operators stopped running mid-2018 (some of their code was bought and open-sourced for others to run).
Obyte didn't lose community during bull-market, it lost most when Bitcoin moondrop was cancelled, which was in February 2018, month after the bear market started.

It's all about the market cycles. Those who are wise enough, prepare for next bull-market by building, others just whine how bad everything is. Ethereum was built when everybody lost interest in cryptocurrencies after Mt.Gox and Silk Road, lot of people though that Bitcoin was done then, just like lot of people think now. Binance was built also before bull-market, now they are biggest. They would not be biggest if they started building during bull-market.


What's the other one besides Bitcoin? Ripple, Ethereum, Litecoin or Dogecoin? These are one of the oldest coins out there, so it is not surprising that they have more network effect.
Did Bitcoin foundation made all those deals that Bitcoin is more accepted than others? No. Obviously the communities are decreasing during the bear market, there was lot of companies who accepted Bitcoin too before the fees went nuts, they discontinued accepting Bitcoin. Many haven't still returned even that fees have gone down and Lightning has become available, many still don't even use native-SegWit (P2WPKH) or pay-to-script-hash (P2SH), but old pay-to-pubkey-hash (P2PKH), which takes longer to be confirmed (I could be wrong about that, but SegWit transactions should be possible to validate faster).
Cryptocurrency companies are not like regular companies where partnerships only happen when deals are made. Cryptocurrencies are open-source, so everybody can become a merchant, you don't need to ask permision for that. If you like the old adoptions-by-deals approach then maybe Ripple is your kind of coin.
Now, during the bear market, it is time to build all those intergrations and those who are ready for next bull-run, benefit from that more.
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January 29, 2019, 08:27:47 PM
 #21436

I case someone missed the news, we are having a poll about the future exchange listings

https://medium.com/obyte/obyte-on-new-exchanges-92f8bb1d0506


Some checkboxes and then some textboxes for further clarification might be a bit more efficient for this questionnaire.

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January 31, 2019, 01:21:34 AM
 #21437

Now, during the bear market, it is time to build all those intergrations and those who are ready for next bull-run, benefit from that more.
I like the sentence utmost.
As Vitalik (ETH's founder) said somewhere else, bearish period is the time to concentrate more on building up intrinsic value from technical developments.
ETH, years ago, born and grown like this.

Yeah, Vitalik Buterin is great inspiration for me, I also like his view on how ridiculous are those ICOs/testnets who promise high-TPS.
Other people who have similar understanding about bear market are Ivan Liljeqvist, Ari Paul, Anthony Pompliano and Andreas Antonopoulos.
Basically, most people who are not seeing bear market like this first time.


Obyte founder more on Reddit not Bitcointalk https://www.reddit.com/r/obyte
altcoinb
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February 02, 2019, 06:54:27 PM
 #21438

Quote
Valerius Coppens: More collaboration will help speed up mass adoption of technology
Valerius Coppens explains how Obyte aims to solve issues of unpredictability of fees and scalability as the technology moves towards mass adoption
https://coinrivet.com/valerius-coppens-more-collaboration-will-help-speed-up-mass-adoption-of-technology/
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February 04, 2019, 08:30:05 AM
 #21439

Nice to know it's quiet here now  Cool

Obyte community no longer uses this thread, FYI, just Slack and Reddit https://www.reddit.com/r/obyte
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February 04, 2019, 12:41:06 PM
 #21440

Nice to know it's quiet here now  Cool

Obyte community no longer uses this thread, FYI, just Slack and Reddit https://www.reddit.com/r/obyte

Is there any reasonable explanation for this step? Of course, if it's an official statement.
I can understand for Reddit, but Slack?





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