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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1172682 times)
jstern
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December 25, 2016, 02:21:46 AM
 #2301

So will I get Byteballs on my wallet? Because I have none. Or is it when the 4 phases are done that we will get a balance?
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December 25, 2016, 02:26:09 AM
Last edit: December 25, 2016, 02:47:36 AM by drays
 #2302

Any retrospective change to the distribution scheme will kill byteball stone dead, nobody would ever believe tonych again.

Just fork and use any distro method you think is better, if you're method is popular you've got a successful coin

Putting a cap is not a change to the distribution scheme, its just an amendment needed to keep the main idea behind this distribution scheme - spreading the coin to as many hands as possible, providing decentralization, among other benefits. The exchange addresses are excluded - is it a change to distribution scheme? Nope. Cheaters (using funds not belonging to them, ICO or whatever else) should be excluded too, for the same reasons as exchange addresses.

With 10-20% of the currently released supply going into single hands, this coin will fail to deliver one of its main points. Note the motto: "Byteball - Decentralized value".

This is not about greed. My tiny share will not change much regardless of whether cap will be set or not. This is about caring of this project. The ones who do not care, are happy to get their freebies (which they will dump as soon as it hits exchanges). Those are the people who praise the Dev for giving them free money, and they call everyone complaining about distribution a "greedy" person. Well, it would be hard to explain something to them, as project is not of an interest to them, they care only for their free money...

... this space is not for rent ...
kamiyama
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December 25, 2016, 02:36:02 AM
 #2303

So will I get Byteballs on my wallet? Because I have none. Or is it when the 4 phases are done that we will get a balance?

Not yet distributed
termion
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December 25, 2016, 03:00:58 AM
 #2304

Byteball die from wrong distribution
CryptoSporidium
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December 25, 2016, 03:04:16 AM
 #2305

Any retrospective change to the distribution scheme will kill byteball stone dead, nobody would ever believe tonych again.

Just fork and use any distro method you think is better, if you're method is popular you've got a successful coin

Putting a cap is not a change to the distribution scheme, its just an amendment needed to keep the main idea behind this distribution scheme - spreading the coin to as many hands as possible, providing decentralization, among other benefits. The exchange addresses are excluded - is it a change to distribution scheme? Nope. Cheaters (using funds not belonging to them, ICO or whatever else) should be excluded too, for the same reasons as exchange addresses.

With 10-20% of the currently released supply going into single hands, this coin will fail to deliver one of its main points. Note the motto: "Byteball - Decentralized value".

This is not about greed. My tiny share will not change much regardless of whether cap will be set or not. This is about caring of this project. The ones who do not care, are happy to get their freebies (which they will dump as soon as it hits exchanges). Those are the people who praise the Dev for giving them free money, and they call everyone complaining about distribution a "greedy" person. Well, it would be hard to explain something to them, as project is not of an interest to them, they care only for their free money...

A cap is definitely a change, some individuals have lots of bitcoin, how can tonych know which whale accounts are legitimate, and which are exchanges and ico funds?

If therer's a change after the snapshot now all credibility is gone. A cap was not part of the rules.

Just wait for a fork, or start one.
wpalczynski
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December 25, 2016, 03:05:00 AM
 #2306

Go and fork it if you don't like the distribution, make your FAIRBALL and see if it catches on.  Pages of posts by people sniffling and whining, jesus.  Obviously the OP though this out and decided on this distribution scheme, its his project.  No one is forcing anyone to participate and certainly no one is investing or risking anything.

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December 25, 2016, 03:12:25 AM
 #2307


so 20% to kordek and 10% to sasha ivanov ..  Grin

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December 25, 2016, 03:30:15 AM
 #2308

So will I get Byteballs on my wallet? Because I have none. Or is it when the 4 phases are done that we will get a balance?

Not yet distributed

Ok, thaks.
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December 25, 2016, 03:39:41 AM
 #2309


so 20% to kordek and 10% to sasha ivanov ..  Grin

They will distribute to lisk & waves holders most likely, it is good for byteball
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December 25, 2016, 04:11:06 AM
 #2310

Is the snapshot complete now?

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December 25, 2016, 04:16:13 AM
 #2311

Go and fork it if you don't like the distribution, make your FAIRBALL and see if it catches on.  Pages of posts by people sniffling and whining, jesus.  Obviously the OP though this out and decided on this distribution scheme, its his project.  No one is forcing anyone to participate and certainly no one is investing or risking anything.


Sure, it tonych's project, so its up to him to decide. Nobody is "whinning", people are just suggesting something they think are good for the project, unlike some who dont care at all, and just are getting ready to dump their free coins Roll Eyes

"Start your fork", "wait for another fork".. Jesus... Don't you think someone want this specific coin to succeed, not just some fork of it...

Anyway, arguing is pointless, lets see how it turns out.

... this space is not for rent ...
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December 25, 2016, 04:21:02 AM
 #2312


so 20% to kordek and 10% to sasha ivanov ..  Grin

They will distribute to lisk & waves holders most likely, it is good for byteball

as long as its shown they give it all to lisk/waves investors and dont use it as a lie to make more for themselves. how will they show transparency
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December 25, 2016, 04:24:34 AM
 #2313

everyone received free distribution of byteball? my wallet still big 0  Cheesy


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kamiyama
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December 25, 2016, 04:29:20 AM
 #2314

everyone received free distribution of byteball? my wallet still big 0  Cheesy

Not yet distributed
kamiyama
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December 25, 2016, 04:34:58 AM
 #2315

slack

tonych [9:11 AM] 
it was crazy day, thank you everybody, now we are waiting 12 hours to make sure there are no reorgs, then i'll run the distribution script that will distribute bytes, and a few hours later, blackbytes
valley365
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December 25, 2016, 05:12:40 AM
 #2316

Any retrospective change to the distribution scheme will kill byteball stone dead, nobody would ever believe tonych again.

Just fork and use any distro method you think is better, if you're method is popular you've got a successful coin

fork never goes anywhere, the original coin always win. There are so many examples there, look at zcash, zcoin, etc etc. The copycats are all jokes, they may have some followers initially but will die quickly.
DiCE1904
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December 25, 2016, 05:19:16 AM
 #2317

Byteball die from wrong distribution

idiot. The ones who are in it for free coins will dump and those who didn't have BTC to participate in the distribution will be be able to sell to people who care about the project and want in

dfox101
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December 25, 2016, 05:33:23 AM
 #2318

Byteball die from wrong distribution

idiot. The ones who are in it for free coins will dump and those who didn't have BTC to participate in the distribution will be be able to sell to people who care about the project and want in

I don't get why half post in this thread is about complaining the distribution not fair, lol. Greedy? everyone wants to get more. This one is distributed freely, no ICO, I really appreciate the dev does it. Stop complaining and enjoy your free coins!
50cent_rapper
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December 25, 2016, 05:37:41 AM
Last edit: December 25, 2016, 05:50:10 AM by 50cent_rapper
 #2319

Meet the heroes: https://bitcointalk.org/index.php?topic=1728002.0
gembira
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December 25, 2016, 06:14:00 AM
 #2320


thank you for sharing  Smiley very interesting
the project was in control by the great people
Max Kordek,Sasha Ivanov and tonych

hard work for FREE to people ,ty tonych Wink


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READ OUR WHITEPAPER
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