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naska21
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November 24, 2019, 09:12:54 AM |
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Hi, I'm thinking of passing my cryptocapital on to my grandchildren when the time comes and wonder whether that possible with any contract on Obyte platform?
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naska21
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November 25, 2019, 08:02:35 AM |
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Thanks, I'm not going to die and asked cuz the topic how to pass cryptocurrency on to heirs is widely discussed by users of Russian board , and now, I can tell them of the available solution designed on Obyte platform. |
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ifinta
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November 25, 2019, 10:05:25 PM |
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FYI Yes, this thread is a scam accusation, but at the start I wasn't able to decide it.
......
But IOTA is a simple scam, I taste it already.
Then do the needful like first changing your Title. I doesn't seem to suggest that IOTA is scam, does it? I think, IOTA can be the biggest delusion ever ( not a scam of course  )... bitcointalk.org should show, IOTA is a scam, ... We should consider it already.[/b]
Scam is not morderated here so don't expect admin to do anything about it. It's your duty as a member to create a scam accusation with clear evidence and proof that a project is scam is you have been scammed or believe people are likely to be scammed. Please. I did. IOTA is scam because IOTA isn't a DLT, but listed, managed as a DLT, since YEARs here, on bitcointalk.org at this time also. Please ADMINs, do what is to do, in a such situation. We (community of bitcointalk.org) shouldn't scam people with scam projects as IOTA i.e. ... |
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tarmo888
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November 26, 2019, 09:59:08 AM |
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FYI Yes, this thread is a scam accusation, but at the start I wasn't able to decide it.
......
But IOTA is a simple scam, I taste it already.
Then do the needful like first changing your Title. I doesn't seem to suggest that IOTA is scam, does it? I think, IOTA can be the biggest delusion ever ( not a scam of course )... bitcointalk.org should show, IOTA is a scam, ... We should consider it already.[/b]
Scam is not morderated here so don't expect admin to do anything about it. It's your duty as a member to create a scam accusation with clear evidence and proof that a project is scam is you have been scammed or believe people are likely to be scammed. Please. I did. IOTA is scam because IOTA isn't a DLT, but listed, managed as a DLT, since YEARs here, on bitcointalk.org at this time also. Please ADMINs, do what is to do, in a such situation. We (community of bitcointalk.org) shouldn't scam people with scam projects as IOTA i.e. ... How is this related to Obyte? Is this an invitation to call IOTA a scam? In Obyte thread? IOTA is probably not a scam, but that's pretty much the only good thing to say about it. The words "scam" is so misused by cryptocurrency people. Like the quote above, "delusion" is more accurate word. IOTA is DLT, just not very good one. |
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whotheff
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November 26, 2019, 11:35:10 AM |
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Last time I visited this thread was a year ago.
As far as I can see people here are still arguing if Obyte
is scam or not, if management decisions are good or not.
Either a lot of people invested and are now dissatisfied due to price
or there is something wrong with the whole coin.
Whatever it is, Obyte is a popular coin, using different (than most) distribution method
which will bring variety to the whole blockchain experiment. Good luck.
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ifinta
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November 26, 2019, 08:50:30 PM |
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FYI Yes, this thread is a scam accusation, but at the start I wasn't able to decide it.
......
But IOTA is a simple scam, I taste it already.
Then do the needful like first changing your Title. I doesn't seem to suggest that IOTA is scam, does it? I think, IOTA can be the biggest delusion ever ( not a scam of course )... bitcointalk.org should show, IOTA is a scam, ... We should consider it already.[/b]
Scam is not morderated here so don't expect admin to do anything about it. It's your duty as a member to create a scam accusation with clear evidence and proof that a project is scam is you have been scammed or believe people are likely to be scammed. Please. I did. IOTA is scam because IOTA isn't a DLT, but listed, managed as a DLT, since YEARs here, on bitcointalk.org at this time also. Please ADMINs, do what is to do, in a such situation. We (community of bitcointalk.org) shouldn't scam people with scam projects as IOTA i.e. ... How is this related to Obyte? Is this an invitation to call IOTA a scam? In Obyte thread? IOTA is probably not a scam, but that's pretty much the only good thing to say about it. The words "scam" is so misused by cryptocurrency people. Like the quote above, "delusion" is more accurate word. IOTA is DLT, just not very good one. OByte use DAG as IOTA trying also to use - since years, but IOTA can't solve DAG well. IOTA seems to be the "first" and "big" DAG project, but IOTA isn't a true DLT, because the centralized structure through Coordinator. IOTA will be sold as DLT, but IOTA isn't a DLT project. So is IOTA a simple scam. |
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tarmo888
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November 26, 2019, 09:51:18 PM
Last edit: November 27, 2019, 12:57:29 AM by tarmo888 |
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OByte use DAG as IOTA trying also to use - since years, but IOTA can't solve DAG well. IOTA seems to be the "first" and "big" DAG project, but IOTA isn't a true DLT, because the centralized structure through Coordinator. IOTA will be sold as DLT, but IOTA isn't a DLT project. So is IOTA a simple scam.
I agree that the existence of the Coordinator makes it horrible solution, but it's still a DLT. DLT stands for distributed ledger technology, not decentralized ledger technology. DAG is just a database structure, a graph of nodes (transactions) that should be linked so they form specific direction and not circle back to previous nodes (transactions). Same as blockchain is just a database structure called linked list of nodes (blocks), technically it's also graph if you take account all orphaned nodes (blocks). Some say that blockchain needs to be decentralized and PoW too, but the main point that makes blockchain a blockchain is the Byzantine Fault Tolerance, which is also requirement for all DLTs. What makes the DLT a DLT is that the data is distributed and all nodes (databases) come to same conclusion (they add only valid blocks/transaction to the database in same order on all nodes even if they are received in different order). This solves the double-spend problem. Most mainstream people now call everything a blockchain, while what they actually mean is DLT. Both blockchain and DAG cryptocurrencies are DLTs. What DLT is not - a single database or multiple replications of a single database, which is operated by same operator. Obyte was a DLT even when all witnesses were operated by Tony. Now with 2 witnesses replaced, Obyte is even more decentralized than how Libra was suppose to launch (15/100 validators = 15%, 2/12 witnesses = 16%), but main difference is that Obyte witnesses don't vote on valid transactions or double-spends, they just provide transaction ordering with their own transactions. Cryptocurrency platform where the governance entity can censor transactions is still a DLT, just not very good one (Hedera Hashgraph, EOS). Bitcoin can be censored too if mining pools collude, but even then, it is still DLT. For example, mining pools could agree not to add any Satoshis transactions to new blocks and Satoshi would be fucked because there is no way he could build a mining farm that powerful now to compete with existing mining pools (unless he already controls one). It will still be blockchain and DLT, even if they do censor Satoshi. https://www.forbes.com/sites/ktorpey/2019/07/28/bitcoin-mining-centralization-is-quite-alarming-but-a-solution-is-in-the-works/#2ee71027530bhttps://en.bitcoin.it/wiki/Weaknesses#Attacker_has_a_lot_of_computing_powerhttps://bitslog.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/ |
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Crypto_Man1212
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November 26, 2019, 10:06:56 PM |
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What's up with Tony these days? Still not caring about what other people recommend and doing only his thing? Project on #262 on CMC, so I guess this must be the case.
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tarmo888
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November 26, 2019, 11:17:18 PM
Last edit: November 26, 2019, 11:47:04 PM by tarmo888 |
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What's up with Tony these days? Still not caring about what other people recommend and doing only his thing? Project on #262 on CMC, so I guess this must be the case.
You can see all Tony's latest posts there https://bitcointalk.org/index.php?action=profile;u=412662;sa=showPostsMost work has gone into bringing smart-contracts as powerful as Ethereum to Obyte, they will be called Autonomous Agents and it's available on testnet already. https://medium.com/obyte/introducing-autonomous-agents-6fe12fb12aa3There has been improvements how witnesses are displayed on app and stats page, so people can make better decision with new upcoming witnesses. https://medium.com/@pauljamesmurray/wallet-version-2-8-0-released-d620dc825e07https://medium.com/@pauljamesmurray/showing-the-world-that-blocks-and-miners-are-not-needed-the-alternative-obyte-witness-model-is-a2fa95f4272https://medium.com/@pauljamesmurray/new-witness-monitoring-service-autonomous-agents-contest-update-408b7a79281aAlso, still lot of effort goes into explaining what witnesses do, some people still confuse them with gatekeepers like block producers or voters. In order to remove the confusion with Steem Witnesses, alternative name to Witnesses is now Order Providers. https://medium.com/obyte/from-blockchain-to-dag-getting-rid-of-middlemen-28afa7563545CoinMarketCap ranking doesn't show any change to these announcement, it has been stuck at #262 since CMC introduced new ranking system for all coins outside top 200. CoinGecko ranks Obyte on #182 https://www.coingecko.com/en/coins/obyteLive Coin Watch ranks Obyte on #170 https://www.livecoinwatch.com/price/ByteballBytes-GBYTE |
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ifinta
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November 27, 2019, 03:34:47 AM
Last edit: November 27, 2019, 03:45:33 AM by ifinta |
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OByte use DAG as IOTA trying also to use - since years, but IOTA can't solve DAG well. IOTA seems to be the "first" and "big" DAG project, but IOTA isn't a true DLT, because the centralized structure through Coordinator. IOTA will be sold as DLT, but IOTA isn't a DLT project. So is IOTA a simple scam.
I agree that the existence of the Coordinator makes it horrible solution, but it's still a DLT. Good. I understand. IOTA is a kind of WCLT. (= well centralized ledger technology......) Well. Me "centralized" won't equal "distributed"...... Sorry. What's up with Tony these days? Still not caring about what other people recommend and doing only his thing? Project on #262 on CMC, so I guess this must be the case.
... CoinMarketCap ranking doesn't show any change to these announcement, it has been stuck at #262 since CMC introduced new ranking system for all coins outside top 200. CoinGecko ranks Obyte on #182 https://www.coingecko.com/en/coins/obyteLive Coin Watch ranks Obyte on #170 https://www.livecoinwatch.com/price/ByteballBytes-GBYTEI suggest, that OByte using #1 DAG algo! Yes, OByte is the first working DAG algo. Simple. Blockchain is popular, but don't better. It is then #1 ranking for OByte. Congratulation to all dev's! |
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tarmo888
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November 27, 2019, 12:57:40 PM
Last edit: November 30, 2019, 08:35:32 PM by tarmo888 |
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OByte use DAG as IOTA trying also to use - since years, but IOTA can't solve DAG well. IOTA seems to be the "first" and "big" DAG project, but IOTA isn't a true DLT, because the centralized structure through Coordinator. IOTA will be sold as DLT, but IOTA isn't a DLT project. So is IOTA a simple scam.
I agree that the existence of the Coordinator makes it horrible solution, but it's still a DLT. Good. I understand. IOTA is a kind of WCLT. (= well centralized ledger technology......) Well. Me "centralized" won't equal "distributed"...... Sorry. What's up with Tony these days? Still not caring about what other people recommend and doing only his thing? Project on #262 on CMC, so I guess this must be the case.
... CoinMarketCap ranking doesn't show any change to these announcement, it has been stuck at #262 since CMC introduced new ranking system for all coins outside top 200. CoinGecko ranks Obyte on #182 https://www.coingecko.com/en/coins/obyteLive Coin Watch ranks Obyte on #170 https://www.livecoinwatch.com/price/ByteballBytes-GBYTEI suggest, that OByte using #1 DAG algo! Yes, OByte is the first working DAG algo. Simple. Blockchain is popular, but don't better. It is then #1 ranking for OByte. Congratulation to all dev's! Decentralization is spectrum, not binary value. Open source enables us to improve Bitcoin and many have inspired by Bitcoin to build alternative solutions, trying to fix the shortcomings that Bitcoin has. Yet, for over 5 years, Bitcoin has preferred ASIC-miners, which has grown so big problem that you have to do it in pools to even have any chance to win a block reward. And who controls the manufacturing of ASICs - few companies, which products are hard to get in other ways than from those few, GPUs circuits are manufactured by many. Who could buy a GPU and mine ETH? Anyone who owns less than 1 BTC, just go to computer shop and buy bunch of GPUs. And who controls, which transactions get picked to next block? Mining pools, but it should be individual miners in pool who decide. All these improvements have been solved on many altcoins, yet Bitcoin is so centralized that none of that gets merged because it's not in the interest of ASIC manufacturers. Again, not completely centralized and not decentralized, it's a spectrum of many things. |
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bacsicare
Newbie
Activity: 1
Merit: 0
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December 04, 2019, 02:51:43 AM |
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With the new release of the wallet which is the best way to make the backup of a full node wallet, so that we backup also the blackbytes? Just to do the full backup or to copy the whole directory?
Why wouldn't you do it the same way you've done it in the part? Same process for all versions. Full Backup It makes a file you can use on any platform. Now, I think you might be asking how to convert a full node to a light wallet in an attempt to retain your bytes/blackbytes in the process? I'm just asking since I remember discussions in the past where it was suggested to backup the whole byteball directory so as to be sure to secure also the blackbytes. As for converting a full node to a light wallet I guess you could do that by just transferring you assets to a light wallet on another device, am I right? But in fact would then a full backup of a light wallet retain also the blackbytes? |
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tarmo888
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December 04, 2019, 03:18:10 AM |
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With the new release of the wallet which is the best way to make the backup of a full node wallet, so that we backup also the blackbytes? Just to do the full backup or to copy the whole directory?
Why wouldn't you do it the same way you've done it in the part? Same process for all versions. Full Backup It makes a file you can use on any platform. Now, I think you might be asking how to convert a full node to a light wallet in an attempt to retain your bytes/blackbytes in the process? I'm just asking since I remember discussions in the past where it was suggested to backup the whole byteball directory so as to be sure to secure also the blackbytes. As for converting a full node to a light wallet I guess you could do that by just transferring you assets to a light wallet on another device, am I right? But in fact would then a full backup of a light wallet retain also the blackbytes? The functionality to backup all wallet data (including private data) is built into the wallet app in the Setting menu. Converting a full node to light node is complicated, you could: * transfer the blackbytes to some other wallet. * copy the seed words. * destroy the wallet and start it again to create a light wallet. * restore the seed words. * transfer blackbytes back to new wallet. |
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naska21
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December 06, 2019, 06:35:15 PM |
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The functionality to backup all wallet data (including private data) is built into the wallet app in the Setting menu.
I'm still using the old-fashion style to backup my light weight client by doing it for the whole ....\AppData\Local\byteball folder and it never let me down. |
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tarmo888
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December 06, 2019, 06:45:11 PM |
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The functionality to backup all wallet data (including private data) is built into the wallet app in the Setting menu.
I'm still using the old-fashion style to backup my light weight client by doing it for the whole ....\AppData\Local\byteball folder and it never let me down. You are missing one of the features of built-in backup feature, which is the encryption with a passphrase. This makes it possible to backup your wallet to cloud drive. I guess you could do the same by password protecting the zip file or adding the password spending restriction, but that seems like lot more work. |
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naska21
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December 07, 2019, 07:06:22 AM |
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The functionality to backup all wallet data (including private data) is built into the wallet app in the Setting menu.
I'm still using the old-fashion style to backup my light weight client by doing it for the whole ....\AppData\Local\byteball folder and it never let me down. You are missing one of the features of built-in backup feature, which is the encryption with a passphrase. This makes it possible to backup your wallet to cloud drive. I guess you could do the same by password protecting the zip file or adding the password spending restriction, but that seems like lot more work. I never trust any cloud services when it comes to these kind of things and my wallet is not password protected. Why would I need it if the wallet is on my home computer. Anyway I use multisig 1-of-2 wallet and if even one of two is out off commission I'm safe. |
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tarmo888
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December 07, 2019, 06:55:38 PM |
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The functionality to backup all wallet data (including private data) is built into the wallet app in the Setting menu.
I'm still using the old-fashion style to backup my light weight client by doing it for the whole ....\AppData\Local\byteball folder and it never let me down. You are missing one of the features of built-in backup feature, which is the encryption with a passphrase. This makes it possible to backup your wallet to cloud drive. I guess you could do the same by password protecting the zip file or adding the password spending restriction, but that seems like lot more work. I never trust any cloud services when it comes to these kind of things and my wallet is not password protected. Why would I need it if the wallet is on my home computer. Anyway I use multisig 1-of-2 wallet and if even one of two is out off commission I'm safe. No trust needed when encrypted with strong passphrase. If the backup is on same machine as the wallet then it's really not a backup, but copy of data folder. But yeah, 1-of-2 wallet is good option too, but it would still be good to have a backup of that other device somewhere else too. |
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naska21
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December 10, 2019, 09:52:48 AM |
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The functionality to backup all wallet data (including private data) is built into the wallet app in the Setting menu.
I'm still using the old-fashion style to backup my light weight client by doing it for the whole ....\AppData\Local\byteball folder and it never let me down. You are missing one of the features of built-in backup feature, which is the encryption with a passphrase. This makes it possible to backup your wallet to cloud drive. I guess you could do the same by password protecting the zip file or adding the password spending restriction, but that seems like lot more work. I never trust any cloud services when it comes to these kind of things and my wallet is not password protected. Why would I need it if the wallet is on my home computer. Anyway I use multisig 1-of-2 wallet and if even one of two is out off commission I'm safe. No trust needed when encrypted with strong passphrase. If the backup is on same machine as the wallet then it's really not a backup, but copy of data folder. But yeah, 1-of-2 wallet is good option too, but it would still be good to have a backup of that other device somewhere else too. The copy of Obyte's data folder on the non-system drive that residents on the same machine is still a back-up if the system drive failed.  Of course, it's a matter of taste whether you holding that copy on second drive or, say, on removable flash drive. |
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