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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1157573 times)
tarmo888
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March 17, 2019, 09:03:21 PM
 #21761

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Private tokens can be exchanged on Freebe exchange, that's not a function either, that's a product built using Obyte functions. Nobody cares and knows what people you use those privacy tokens for.
Let's be honest there is no any know markets accepted GBB. People can't use money if merchants do not accept their money.

Again the merchants, merchants, merchants. Getting old already.
Merchants already have currency they are fine with, they accept the fiat currency that's official in your country.
Cryptocurrencies have much more use cases than just trading it for goods.
Blackbytes are meant to be traded P2P, so if one centralized merchant would have most of the volume of blackbytes then it weakens its privacy features.
There are exchanges for bytes and exchange for blackbytes. Convert bytes/blackbytes to whatever currency the merchant accepts.
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March 17, 2019, 10:08:52 PM
Last edit: March 17, 2019, 10:25:59 PM by diyhockey
 #21762

Quote
Private tokens can be exchanged on Freebe exchange, that's not a function either, that's a product built using Obyte functions. Nobody cares and knows what people you use those privacy tokens for.
Let's be honest there is no any know markets accepted GBB. People can't use money if merchants do not accept their money.

Again the merchants, merchants, merchants. Getting old already.
Merchants already have currency they are fine with, they accept the fiat currency that's official in your country.
Cryptocurrencies have much more use cases than just trading it for goods.
Blackbytes are meant to be traded P2P, so if one centralized merchant would have most of the volume of blackbytes then it weakens its privacy features.
There are exchanges for bytes and exchange for blackbytes. Convert bytes/blackbytes to whatever currency the merchant accepts.
Currency that can't be spend is not a currency.
tarmo888 - you can exchange your eth on btc, btc on gb, gb on gbb
diyhockey - ok, what for?
tarmo888 - in order to convert them to another currency whatever currency the merchant accepts
Reminds me of how my government works lol
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March 17, 2019, 10:32:53 PM
Last edit: March 17, 2019, 11:02:37 PM by tarmo888
 #21763

Quote
Private tokens can be exchanged on Freebe exchange, that's not a function either, that's a product built using Obyte functions. Nobody cares and knows what people you use those privacy tokens for.
Let's be honest there is no any know markets accepted GBB. People can't use money if merchants do not accept their money.

Again the merchants, merchants, merchants. Getting old already.
Merchants already have currency they are fine with, they accept the fiat currency that's official in your country.
Cryptocurrencies have much more use cases than just trading it for goods.
Blackbytes are meant to be traded P2P, so if one centralized merchant would have most of the volume of blackbytes then it weakens its privacy features.
There are exchanges for bytes and exchange for blackbytes. Convert bytes/blackbytes to whatever currency the merchant accepts.
Currency that can't be spend is not a currency.
tarmo888 - you can exchange your eth on btc, btc on gb, gb on gbb
diyhockey - ok, what for?
tarmo888 - in order to convert them to another currency whatever currency the merchant accepts
Reminds me of how my government works lol


Now you got stuck with the "currency" term. Cryptocurrencies are more that just currencies and it takes time before they are more widely accepted than USD, which is not accepted everywhere either.
If you have traveled to other country, that doesn't accept USD, then you should know, this is how even fiat currencies work - if your destination country doesn't accept your candy wrappers, then you exchange it to their candy wrappers in currency exchange.
diyhockey
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March 18, 2019, 10:04:32 AM
 #21764

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if your destination country doesn't accept your candy wrappers, then you exchange it to their candy wrappers in currency exchange
Sure. Ultimate goal of this exchange is getting access to services. Pay the taxi, buy food, pay rent of room.
If sellers do not accept their national currency, then I do not need it, right? I need currency that they accept.  Otherwise is just a used paper, useless thing.
When you say people can exchange their coins on GBB, i ask what for? Which services can be paid with it?
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March 18, 2019, 10:16:21 AM
 #21765

what's the big exchange?

also why not change the unit of Gbyte to Mbyte ?

i think that's will make this coin become more popular...

the coin missed the good opportunity last year, i hope Obyte can take the opportunity this year!
i still believe in this coin and hope this coin have a big future.

running farm worldwide
tarmo888
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March 18, 2019, 12:24:07 PM
 #21766

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if your destination country doesn't accept your candy wrappers, then you exchange it to their candy wrappers in currency exchange
Sure. Ultimate goal of this exchange is getting access to services. Pay the taxi, buy food, pay rent of room.
If sellers do not accept their national currency, then I do not need it, right? I need currency that they accept.  Otherwise is just a used paper, useless thing.
When you say people can exchange their coins on GBB, i ask what for? Which services can be paid with it?

What ever service between 2 people who need privacy, that coin is meant for transaction from person to person, not from person to merchant.
diyhockey
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March 18, 2019, 12:29:35 PM
Last edit: March 18, 2019, 12:48:28 PM by diyhockey
 #21767

Quote
if your destination country doesn't accept your candy wrappers, then you exchange it to their candy wrappers in currency exchange
Sure. Ultimate goal of this exchange is getting access to services. Pay the taxi, buy food, pay rent of room.
If sellers do not accept their national currency, then I do not need it, right? I need currency that they accept.  Otherwise is just a used paper, useless thing.
When you say people can exchange their coins on GBB, i ask what for? Which services can be paid with it?

What ever service between 2 people who need privacy, that coin is meant for transaction from person to person, not from person to merchant.
Do you understand that if a person sends value to a person, then he expects to receive value in return? It can be other sov (in case of travel or investing in better sov), goods, services.
Can you show me list of persons (usually they called merchants) who exchange their value (preferably online services, marijuana dealers, electronics distributors) on gbb?
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March 18, 2019, 12:33:19 PM
 #21768

what's the big exchange?

also why not change the unit of Gbyte to Mbyte ?

i think that's will make this coin become more popular...

the coin missed the good opportunity last year, i hope Obyte can take the opportunity this year!
i still believe in this coin and hope this coin have a big future.

It's not announced yet, which is a new TOP10 exchange.

It's up to exchange to list it as GBYTE or MBYTE, but since it's GBYTE on CMC, all exchanges list it as GBYTE too, to avoid confusion.
If you change GBYTE to MBYTE on CMC then total supply won't be anymore displayed as 1,000,000 GBYTE, but 1,000,000,000 MBYTE.
Also, exchanges are like wholesales, where people trade in bulk, so highest unit makes sense for them.
What opportunity was last year? It's has been over year long bear market and most coin prices follow BTC.
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March 18, 2019, 12:58:58 PM
 #21769

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if your destination country doesn't accept your candy wrappers, then you exchange it to their candy wrappers in currency exchange
Sure. Ultimate goal of this exchange is getting access to services. Pay the taxi, buy food, pay rent of room.
If sellers do not accept their national currency, then I do not need it, right? I need currency that they accept.  Otherwise is just a used paper, useless thing.
When you say people can exchange their coins on GBB, i ask what for? Which services can be paid with it?

What ever service between 2 people who need privacy, that coin is meant for transaction from person to person, not from person to merchant.
Do you understand that if a person sends value to a person, then he expects to receive value in return? It can be other sov (in case of travel or investing in better sov), goods, services.
Can you show me list of persons (usually they called merchants) who exchange their value (preferably online services, marijuana dealers, electronics distributors) on gbb?

That wouldn't be really private then if I could point to that kind of list. It's up to buyer and seller to agree on the price and medium of exchange. I don't go to dark web, so I don't know where you can find them. Blackbytes is meant more for individual persons transacting with each other, not with bigger merchants. If you still don't get it, you should read this https://bitcointalk.org/index.php?topic=1574508.0
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March 18, 2019, 01:04:31 PM
 #21770

Quote
if your destination country doesn't accept your candy wrappers, then you exchange it to their candy wrappers in currency exchange
Sure. Ultimate goal of this exchange is getting access to services. Pay the taxi, buy food, pay rent of room.
If sellers do not accept their national currency, then I do not need it, right? I need currency that they accept.  Otherwise is just a used paper, useless thing.
When you say people can exchange their coins on GBB, i ask what for? Which services can be paid with it?

What ever service between 2 people who need privacy, that coin is meant for transaction from person to person, not from person to merchant.
Do you understand that if a person sends value to a person, then he expects to receive value in return? It can be other sov (in case of travel or investing in better sov), goods, services.
Can you show me list of persons (usually they called merchants) who exchange their value (preferably online services, marijuana dealers, electronics distributors) on gbb?

That wouldn't be really private then if I could point to that kind of list. It's up to buyer and seller to agree on the price and medium of exchange. I don't go to dark web, so I don't know where you can find them. Blackbytes is meant more for individual persons transacting with each other, not with bigger merchants. If you still don't get it, you should read this https://bitcointalk.org/index.php?topic=1574508.0
I got it. Where i can find individual persons who will sell service or goods for gbb? Is there chat?
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March 18, 2019, 01:25:31 PM
 #21771

Quote
if your destination country doesn't accept your candy wrappers, then you exchange it to their candy wrappers in currency exchange
Sure. Ultimate goal of this exchange is getting access to services. Pay the taxi, buy food, pay rent of room.
If sellers do not accept their national currency, then I do not need it, right? I need currency that they accept.  Otherwise is just a used paper, useless thing.
When you say people can exchange their coins on GBB, i ask what for? Which services can be paid with it?

What ever service between 2 people who need privacy, that coin is meant for transaction from person to person, not from person to merchant.
Do you understand that if a person sends value to a person, then he expects to receive value in return? It can be other sov (in case of travel or investing in better sov), goods, services.
Can you show me list of persons (usually they called merchants) who exchange their value (preferably online services, marijuana dealers, electronics distributors) on gbb?

That wouldn't be really private then if I could point to that kind of list. It's up to buyer and seller to agree on the price and medium of exchange. I don't go to dark web, so I don't know where you can find them. Blackbytes is meant more for individual persons transacting with each other, not with bigger merchants. If you still don't get it, you should read this https://bitcointalk.org/index.php?topic=1574508.0
I got it. Where i can find individual persons who will sell service or goods for gbb? Is there chat?

Asking somebody from public chat would not be very private either. I don't know where these people meet.
I have heard that some people make their own one-on-one chats within the wallet app by just sharing the pairing code in some other app. Some even use TOR when doing that.
There is even Private chat room bot where more people can be chatting with other, but I don't know access to these channels either - that chat is readable by developer, but one-on-one chats aren't.
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March 20, 2019, 06:57:17 AM
 #21772

Things are looking bright for Obyte price-wise. Today it is testing price resistance around $40 - $42. If it goes to test $47 resistance, we might really see an end to the long bear market of Obyte.

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March 20, 2019, 09:07:58 AM
 #21773

I have today update for you guys:
- The price chart has still shown good indicators for future growth: https://coinmarketcap.com/currencies/obyte/
- Volume has been nearly tailed off.
- Current price worths around 5% since the all time high.

I have a suggestion to Obyte team, someone should be in charge to keep the topic clean.
It looks trashy by now.
I love Obyte (former Byteball) and its simplified features.

●                   ►                   ●      B I T C O I N   V I D E O   C A S I N O      ●                   ◄                   ●
Slots    Video Poker    Blackjack     ──  Classic fun for serious players  ──     Craps    Roulette    Keno    Dice
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March 20, 2019, 01:22:24 PM
 #21774

I have today update for you guys:
- The price chart has still shown good indicators for future growth: https://coinmarketcap.com/currencies/obyte/
- Volume has been nearly tailed off.
- Current price worths around 5% since the all time high.

I have a suggestion to Obyte team, someone should be in charge to keep the topic clean.
It looks trashy by now.
I love Obyte (former Byteball) and its simplified features.


I have come to understanding that there are few people here who like this trashy feeling because it means that nobody is going to censor them here. Bitcointalk has the same appeal what many cryptocurrencies have, that you can't be censored. I am guessing that's why those people still haven't moved to Reddit, Twitter or Discord.

I did my own analysis what would it have been if I dollar cost averaged my GBYTE investment during last 2 years and the past year has been rough on Obyte investors, but there are positive signs that we will come out of this hole https://twitter.com/tarmo888/status/1108140748346675200
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March 23, 2019, 07:36:46 AM
 #21775

The signature (official or unofficial, I don't know) looks very beautiful.
That guy has worn Obyte signature: https://bitcointalk.org/index.php?action=profile;u=176920
I guess this one is only adjusted a little bit from old one that used for campaign around one year ago, that I also joined.
So, why not update the OP with new signature codes for Obyte, hence Obyte enthusiasts can wear it to support their favorite coin?

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March 23, 2019, 11:12:34 AM
 #21776

Dear Followers!
We are glad to announce our IEO on LATOKEN exchange! We’ll offer 5 000 000 TC at face value 0,2 USD/TC & our partners in LATOKEN provide support with the PR campaign. Following to the IEO ending TC will be listed on LATOKEN exchange.
https://bit.ly/2HKPIBA

Titan Coin IEO on LATOKEN exchange has already started! https://twitter.com/titan_coin

Titan Coin is the first token in the ICO history running on the Byteball Platform and backed up by the actual production of ilmenite concentrate – the valuable source for obtaining titanium group products.

⚪ Byteball     ❱❱❱     I T   J U S T   W O R K S .    ❱❱❱
Sending Crypto to Email  -  Risk-Free Conditional Smart Payments  -  ICO Platform with KYC
ANN THREAD          TELEGRAM          TWITTER          MEDIUM          SLACK          REDDIT
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March 23, 2019, 03:50:49 PM
 #21777

I have today update for you guys:
- The price chart has still shown good indicators for future growth: https://coinmarketcap.com/currencies/obyte/
- Volume has been nearly tailed off.
- Current price worths around 5% since the all time high.

I have a suggestion to Obyte team, someone should be in charge to keep the topic clean.
It looks trashy by now.
I love Obyte (former Byteball) and its simplified features.

No need to censor the topic, people have the right to speak their mind. Although discussions could maybe be a bit more constructive sometimes.

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March 25, 2019, 11:02:14 AM
 #21778

I know the bet feature of Obyte, but I don't know why the Obyte team did not create a gambling topic for Obyte and this feature?
Would the Obyte team mind disclosing reasons of this, please.
I think that the Obyte will get more usages from gamblers if they know more about the bet feature on Obyte network.
I used this feature sometime, and honestly it is very easy to bet.

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March 25, 2019, 05:51:22 PM
Last edit: March 26, 2019, 06:26:10 PM by tarmo888
 #21779

I know the bet feature of Obyte, but I don't know why the Obyte team did not create a gambling topic for Obyte and this feature?
Would the Obyte team mind disclosing reasons of this, please.
I think that the Obyte will get more usages from gamblers if they know more about the bet feature on Obyte network.
I used this feature sometime, and honestly it is very easy to bet.

Because Obyte is not a gambling platform and these gambling products are not provided by Obyte, they are provided whoever decides to build them on Obyte platform.
OByte just has some oracles who post data (sport event results, flight delays, bitcoin block hash/random number) to DAG that can be used by these products.
Random from Bitcoin last block can be used for lottery, Obyte uses it for itself on draw bot. Maybe Luckybytes (product owner posted about that product on Bitcointalk too) or maybe dice bot also used it, not 100% sure, anybody can use that data.
https://obyte.io/@FOPUBEUPBC6YLIQDLKL6EW775BMV7YOH
https://github.com/byteball/luckybytes
https://steemit.com/byteball/@cryptories/dice-game-on-byteball-platform

Data from Sports Oracle is used by Betting bot, which is run by one community member. I made a website with odds for that bot, which has nicer UI than bot interface https://bb-odds.herokuapp.com/

Obyte Twitter posts about products built on Obyte platform, but otherwise it is up to each product owner to promote their own product. Sometimes Obyte (Tony) posts some bigger news here, but most news about what is happening on Obyte platform is not posted on Bitcointalk.
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