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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1227339 times)
jwinterm
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July 16, 2019, 12:05:03 AM
 #21841

With Bitcoin the manner and the distribution scheme is known (set in stone). With GBYTE, it’s basically a number of coins forming an unknown factor and overhang on the market. I like the airdrops. Perhaps dumping can be discouraged by locking airdropped coins in a smart contract of 12 months or so?

Agreed. But I think the airdrops should just be done, no smart contract. Give it to all the holders. At this point any holders left standing are diehard about byteball. Get it over and done with, like ripping off a bandaid. Yes the price might crash more, or maybe not if it really is the diehard holders who would be more likely to hodl. But sfter that all uncertainty of the airdrop is removed. There is no more inflation of supply. The road from there is up.

(ahem not mentioning centralised witnesses at this point)

Bitcoin aren't given away for free you expend a lot of energy to mint new bitcoin. Byteball is a never ending airdrop of a 100% premine at whim of the holder. There is vast difference. Bitconi is predetermined by the protocol. Byteball is .. oh never mind. I've been through this countless times before.

Its laughable that so many are clueless, especially people involved in the project,  why the byteball distribution has been a disaster.

edit. sorry obyte



Dude. Just take a picture of a man-made or naturally occurring "O" shaped object and be grateful for your crumbs lol.
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tarmo888
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July 16, 2019, 01:13:39 AM
 #21842

With Bitcoin the manner and the distribution scheme is known (set in stone). With GBYTE, it’s basically a number of coins forming an unknown factor and overhang on the market. I like the airdrops. Perhaps dumping can be discouraged by locking airdropped coins in a smart contract of 12 months or so?

Agreed. But I think the airdrops should just be done, no smart contract. Give it to all the holders. At this point any holders left standing are diehard about byteball. Get it over and done with, like ripping off a bandaid. Yes the price might crash more, or maybe not if it really is the diehard holders who would be more likely to hodl. But sfter that all uncertainty of the airdrop is removed. There is no more inflation of supply. The road from there is up.

Its laughable that so many are clueless, especially people involved in the project,  why the byteball distribution has been a disaster.

You would give rest of the bytes to existing hodlers and what then?
We would still have small amount of users, but they would just have bigger bags.
Any examples of projects that distributed all their coins with just 2-3 years and now they are doing great?

Best way how to get people use Obyte is by giving the tools to use it, which in Obyte case is not just the software, but also the bytes.
Without distribution fund, who would pay for the real name attestation costs of new users, you think companies like Jumio do it for free?
I get it, you think real name attestation is pointless, but you are not an user either, your just hodler, you only wish to see the price to go up.

If anyone is clueless then that's you because you don't see the bigger picture. You just want that instant gratification of seeing nice number on your portfolio that you never cash out.
fuk
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July 17, 2019, 03:50:27 PM
 #21843

222 new low guys
tonych
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July 18, 2019, 03:44:58 PM
 #21844

A major update is coming to livenet in 2-4 months, today it was launched on testnet.

The update introduces Autonomous Agents and vastly increases the design space available to developers.

Here are some ideas of apps that can be created based on Autonomous Agents:

*    tradable shares in prediction markets;
*    futures contracts;
*    algorithmic stable coins;
*    synthetic assets;
*    other derivatives;
*    collateralized lending;
*    margin trading;
*    decentralized exchange;
*    decentralized oracles;
*    payment channels;
*    game economies;
*    market makers;
*    automatic management of investment portfolios;

Read the full story https://medium.com/obyte/introducing-autonomous-agents-6fe12fb12aa3



To encourage development of new apps and to extensively test the new functionality while it is still on testnet, we are simultaneously launching a developer contest

https://medium.com/obyte/obyte-autonomous-agents-developer-contest-6a67ae3dacd2

Every two weeks we'll have up to 4 winners:

Best apps:
    Winner: 140 GB + 422 GBB
    2nd place: 70 GB + 147.7 GBB
    3rd place: 35 GB + 73.85 GBB

Best tutorial/guide: 55 GB + 116.05 GBB

The prize pool comprises of undistributed funds that would otherwise have been spent in the weekly Draw Airdrop, making the draw a bi-weekly event.

Instead of distributing funds at random to existing Obyte users, money is instead spent on incentivizing creation of useful applications on the platform.

With this move, we are course-correcting our distribution policy and do not plan to launch any major distribution campaigns targeted at acquiring new users before a sufficient number of popular apps is built.

https://medium.com/obyte/distribution-outlook-bb28ff0b91aa

Simplicity is beauty
fuk
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July 18, 2019, 03:59:08 PM
 #21845

Quote
We believe that the retention rates could be improved by having more apps on the platform that the users would engage with and extract value from.
LOL two years later you heard us. Too late tony
Wekkel
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July 18, 2019, 05:04:12 PM
 #21846

Never too late.

tarmo888
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July 18, 2019, 08:58:02 PM
 #21847

Quote
We believe that the retention rates could be improved by having more apps on the platform that the users would engage with and extract value from.
LOL two years later you heard us. Too late tony

Where have you been living? Under the rock? Obyte has been all the time "we need more adoption". There has been always been more tools available than anybody could need, now there is even more.
fuk
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July 18, 2019, 09:45:14 PM
 #21848

Quote
We believe that the retention rates could be improved by having more apps on the platform that the users would engage with and extract value from.
LOL two years later you heard us. Too late tony

Where have you been living? Under the rock? Obyte has been all the time "we need more adoption". There has been always been more tools available than anybody could need, now there is even more.
users don't need your tools, they need apps. Apps better than other places can offer
tarmo888
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July 18, 2019, 11:39:47 PM
 #21849

Quote
We believe that the retention rates could be improved by having more apps on the platform that the users would engage with and extract value from.
LOL two years later you heard us. Too late tony

Where have you been living? Under the rock? Obyte has been all the time "we need more adoption". There has been always been more tools available than anybody could need, now there is even more.
users don't need your tools, they need apps. Apps better than other places can offer

No sh!t, and who are doing these apps? Developers. This latest update is specially for them, so they can build more decentralized apps by doing more on-chain.
Are you now saying that you have been telling we need more developers on Obyte all the time and nobody hasn't listened you?
Mac Red
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July 19, 2019, 01:48:15 AM
 #21850

That’s some pretty awesome news Tony. Excellent idea to shift focus to reward developers.
Freefactomizer
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July 19, 2019, 05:33:00 AM
 #21851

A major update is coming to livenet in 2-4 months, today it was launched on testnet.

The update introduces Autonomous Agents and vastly increases the design space available to developers.

Here are some ideas of apps that can be created based on Autonomous Agents:

*    tradable shares in prediction markets;
*    futures contracts;
*    algorithmic stable coins;
*    synthetic assets;
*    other derivatives;
*    collateralized lending;
*    margin trading;
*    decentralized exchange;
*    decentralized oracles;
*    payment channels;
*    game economies;
*    market makers;
*    automatic management of investment portfolios;

Read the full story https://medium.com/obyte/introducing-autonomous-agents-6fe12fb12aa3



To encourage development of new apps and to extensively test the new functionality while it is still on testnet, we are simultaneously launching a developer contest

https://medium.com/obyte/obyte-autonomous-agents-developer-contest-6a67ae3dacd2

Every two weeks we'll have up to 4 winners:

Best apps:
    Winner: 140 GB + 422 GBB
    2nd place: 70 GB + 147.7 GBB
    3rd place: 35 GB + 73.85 GBB

Best tutorial/guide: 55 GB + 116.05 GBB

The prize pool comprises of undistributed funds that would otherwise have been spent in the weekly Draw Airdrop, making the draw a bi-weekly event.

Instead of distributing funds at random to existing Obyte users, money is instead spent on incentivizing creation of useful applications on the platform.

With this move, we are course-correcting our distribution policy and do not plan to launch any major distribution campaigns targeted at acquiring new users before a sufficient number of popular apps is built.

https://medium.com/obyte/distribution-outlook-bb28ff0b91aa


A preview of apps that can be created with AA: https://github.com/byteball/oscript-editor/tree/dc4084cf8a23d1a8bc6b39d8c3e5bc50976ffd75/src/templates/lib
The possibilities are huge for such a pretty simple script language!

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
fuk
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July 19, 2019, 08:13:13 AM
 #21852

Quote
We believe that the retention rates could be improved by having more apps on the platform that the users would engage with and extract value from.
LOL two years later you heard us. Too late tony

Where have you been living? Under the rock? Obyte has been all the time "we need more adoption". There has been always been more tools available than anybody could need, now there is even more.
users don't need your tools, they need apps. Apps better than other places can offer

No sh!t, and who are doing these apps? Developers. This latest update is specially for them, so they can build more decentralized apps by doing more on-chain.
Are you now saying that you have been telling we need more developers on Obyte all the time and nobody hasn't listened you?
you have no funding anyway, good luck searching for enthusiasts
tarmo888
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July 19, 2019, 12:56:45 PM
 #21853

Quote
We believe that the retention rates could be improved by having more apps on the platform that the users would engage with and extract value from.
LOL two years later you heard us. Too late tony

Where have you been living? Under the rock? Obyte has been all the time "we need more adoption". There has been always been more tools available than anybody could need, now there is even more.
users don't need your tools, they need apps. Apps better than other places can offer

No sh!t, and who are doing these apps? Developers. This latest update is specially for them, so they can build more decentralized apps by doing more on-chain.
Are you now saying that you have been telling we need more developers on Obyte all the time and nobody hasn't listened you?
you have no funding anyway, good luck searching for enthusiasts

What are you talking about FUDster? Just because we didn't do ICO doesn't mean we don't have funding. Did you even read any of the announcement posts or you just spread your FUD without even reading what the update was about https://medium.com/obyte/obyte-autonomous-agents-developer-contest-6a67ae3dacd2
maxvall
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July 19, 2019, 03:10:07 PM
Last edit: July 20, 2019, 06:53:27 AM by maxvall
 #21854

To encourage development of new apps and to extensively test the new functionality while it is still on testnet, we are simultaneously launching a developer contest

Every two weeks we'll have up to 4 winners:

Best apps:
    Winner: 140 GB + 422 GBB
    2nd place: 70 GB + 147.7 GBB
    3rd place: 35 GB + 73.85 GBB

Best tutorial/guide: 55 GB + 116.05 GBB
How winners will be selected?
fuk
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July 19, 2019, 03:52:31 PM
 #21855

Quote
We believe that the retention rates could be improved by having more apps on the platform that the users would engage with and extract value from.
LOL two years later you heard us. Too late tony

Where have you been living? Under the rock? Obyte has been all the time "we need more adoption". There has been always been more tools available than anybody could need, now there is even more.
users don't need your tools, they need apps. Apps better than other places can offer

No sh!t, and who are doing these apps? Developers. This latest update is specially for them, so they can build more decentralized apps by doing more on-chain.
Are you now saying that you have been telling we need more developers on Obyte all the time and nobody hasn't listened you?
you have no funding anyway, good luck searching for enthusiasts

What are you talking about FUDster? Just because we didn't do ICO doesn't mean we don't have funding. Did you even read any of the announcement posts or you just spread your FUD without even reading what the update was about https://medium.com/obyte/obyte-autonomous-agents-developer-contest-6a67ae3dacd2
check gbyte price, your coins almost worthless. What about talented developers developing really necessary things and not useless crafts? We are sick of it.
altcoinb
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July 19, 2019, 05:31:51 PM
 #21856

check gbyte price, your coins almost worthless. What about talented developers developing really necessary things and not useless crafts? We are sick of it.
A perfect price for entry ;-)
Why are you here "when everything is crap"? Did you lose your money here?
fuk
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July 19, 2019, 05:51:14 PM
 #21857

check gbyte price, your coins almost worthless. What about talented developers developing really necessary things and not useless crafts? We are sick of it.
A perfect price for entry ;-)
Why are you here "when everything is crap"? Did you lose your money here?

a bit, i'm to help people do not commit my mistake
Wekkel
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July 19, 2019, 06:07:23 PM
 #21858

For all you know, Obyte could be at its lowest point with a massive multi year rally ahead. And you would be talking people out of it.

altcoinb
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July 19, 2019, 06:12:18 PM
 #21859

check gbyte price, your coins almost worthless. What about talented developers developing really necessary things and not useless crafts? We are sick of it.
A perfect price for entry ;-)
Why are you here "when everything is crap"? Did you lose your money here?

a bit, i'm to help people do not commit my mistake
ok, I'm sorry for you. i also paid $400 for 1 GB, but i do not regret it,
I'm happy about the current price, because i get for the same money ~15 GB
When did you start your invest and what did you expect from the project?
Did you have any interest in the project or was it only gambling?
tarmo888
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July 19, 2019, 06:19:32 PM
 #21860

check gbyte price, your coins almost worthless. What about talented developers developing really necessary things and not useless crafts? We are sick of it.
A perfect price for entry ;-)
Why are you here "when everything is crap"? Did you lose your money here?

a bit, i'm to help people do not commit my mistake

If you want to help people not make your mistakes then teach them not to FOMO coins during bull-runs and stop harassing projects that actually deliver what was promised on whitepaper.
You didn't gamble on wrong horse, you did it at wrong time and now you are just spreading FUD on projects that actually do work.
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