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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1219101 times)
CryptKeeper
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February 17, 2017, 10:16:24 PM
 #5081

Hi, I have strange problem, my byteball client (v1.3.0) stoped syncing

I turned them off when was 60%, after restart it stuck on 0%

Don't worry, sometimes syncing takes a very long time and the percentage jumps 10-20% suddenly.
I suggest to drink a nice cup of tea or coffee and wait.  Cheesy

Follow me on twitter for the latest news on bitcoin and altcoins and I'll follow you back the same day!
Obyte - An open cryptocurrency platform ready for real world adoption
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February 17, 2017, 10:39:18 PM
 #5082

can anybody tell about TPS rate and predictable database growth?

There is no TPS set in stone as with bitcoin, where the blocksize basically determines how many transactions you can fit in a block, with Byteball, theoretically it should handle hundreds of thousands tx/s, but today its not optimized at all for this speed.

Correct.

I guess the upper practical limit is the 12 witnesses, how many transactions they can see (bot dont need to see it at the same time) and post to each other and append to the database, to the main chain.

Wrong.  Witnesses don't do any more work than any other full node, they are not special with respect to TPS, and they are not a limiting factor in any way.

There is nothing stopping you from making really a massive amounts of transactions on your own chain - and have it merged to the Main Chain when posting it for the witnesses to see. As long as you didnt double-spend, the verification of which witnesses do takes little time compared to what you spend in making the transactions, if all is fine, your chain of massive amount of txs will be in the main chain.

Again, this implies that it is witnesses who are doing verification and detect double-spends.  Wrong - every full node does it in exactly the same way.

We use witnesses only to establish order of events by looking back in history.

Simplicity is beauty
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February 17, 2017, 10:43:56 PM
 #5083

Hi, I have strange problem, my byteball client (v1.3.0) stoped syncing

I turned them off when was 60%, after restart it stuck on 0%

Don't worry, sometimes syncing takes a very long time and the percentage jumps 10-20% suddenly.
I suggest to drink a nice cup of tea or coffee and wait.  Cheesy

lol, yeah, after hours I see 1%, thx Wink

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February 18, 2017, 01:45:31 AM
 #5084

Why is Byteball called Byte on Bitsquare and not Byteball?
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February 18, 2017, 03:29:28 AM
 #5085

Why is Byteball called Byte on Bitsquare and not Byteball?

Because they trade bytes, the native tokens of byteball.

.
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February 18, 2017, 04:35:50 AM
 #5086

Why is Byteball called Byte on Bitsquare and not Byteball?

Because they trade bytes, the native tokens of byteball.


Seems confusing doesn't it?

If you're on bitsquare and you see bytes but have never heard of byteball, you're not going to know what's being traded.

There's no mention of Byteball anywhere.
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February 18, 2017, 07:09:37 AM
 #5087

Why is an IOTA developer stalking me, a supposed troll, around in the Byteball thread? Makes me wonder.

I explained it upthread. Your post in IOTA thread looked as trolling, I followed your previous posts and saw signs of a long con against Byteball community. Even more, you had modus operandi of one scammer I met in the past. So now I'm paying close attention to your words. When you post bullshit, I reveal that. It's not my fault that you post bullshit that often that my behavior looks as trolling.
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February 18, 2017, 08:59:37 AM
 #5088

Why is Byteball called Byte on Bitsquare and not Byteball?

Byteball is a platform, Bytes is a currency.  Same as Ethereum/Ether.

Simplicity is beauty
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February 18, 2017, 09:43:59 AM
 #5089

Why is Byteball called Byte on Bitsquare and not Byteball?

Byteball is a platform, Bytes is a currency.  Same as Ethereum/Ether.

but shouldn't it be called GByte?

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February 18, 2017, 11:06:35 AM
 #5090

Hi!
How many of the maximum 1,000,000 GBYTE are in use now?
Coinmarketcap is saying available supply 117,610 GBYTE. Is it true?
http://coinmarketcap.com/currencies/byteball/#markets
Thanks,
Cryptme

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February 18, 2017, 11:12:00 AM
 #5091

Coinmarketcap is saying available supply 117,610 GBYTE. Is it true?
|
|
V
New available supply: 117,610.194028342 GB.
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February 18, 2017, 12:17:55 PM
 #5092

can we get GBYTE on a bigger exchange?  yobit or cryptopia?

☆★☆★ 🚀🚀🚀 TO THE MOON AND BEYOND!!! 🚀🚀🚀 ★☆★☆
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February 18, 2017, 12:25:40 PM
 #5093

Coinmarketcap is saying available supply 117,610 GBYTE. Is it true?
|
|
V
New available supply: 117,610.194028342 GB.

will the rest of the coins 882390 be distributed the same way as until now (btc linked wallets)?
Must understand this coin  Huh

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February 18, 2017, 12:44:33 PM
 #5094

can we get GBYTE on a bigger exchange?  yobit or cryptopia?

You really think yobit is bigger? I think yobit lists many scam coins, it is not big, maybe big one bittrex will list byteball, which is much more legit than yobit.
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February 18, 2017, 01:16:26 PM
 #5095

can anybody tell about TPS rate and predictable database growth?

There is no TPS set in stone as with bitcoin, where the blocksize basically determines how many transactions you can fit in a block, with Byteball, theoretically it should handle hundreds of thousands tx/s, but today its not optimized at all for this speed.

Correct.

I guess the upper practical limit is the 12 witnesses, how many transactions they can see (bot dont need to see it at the same time) and post to each other and append to the database, to the main chain.

Wrong.  Witnesses don't do any more work than any other full node, they are not special with respect to TPS, and they are not a limiting factor in any way.

There is nothing stopping you from making really a massive amounts of transactions on your own chain - and have it merged to the Main Chain when posting it for the witnesses to see. As long as you didnt double-spend, the verification of which witnesses do takes little time compared to what you spend in making the transactions, if all is fine, your chain of massive amount of txs will be in the main chain.

Again, this implies that it is witnesses who are doing verification and detect double-spends.  Wrong - every full node does it in exactly the same way.

We use witnesses only to establish order of events by looking back in history.
Wow, thank you for the corrections! Much better than I even realized.

Does adding more byteball-hubs help the network process more transactions? Does a byteball-relay also help, but just doesnt store temporarily any private-messages like a hub does?
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February 18, 2017, 01:28:01 PM
 #5096

Why is Byteball called Byte on Bitsquare and not Byteball?

Because they trade bytes, the native tokens of byteball.


Seems confusing doesn't it?

If you're on bitsquare and you see bytes but have never heard of byteball, you're not going to know what's being traded.

There's no mention of Byteball anywhere.

No, it is not confusing. You pay for every byte of data storage, hence the token is called byte. It is pegged to unit of storage. If you never heard of byteball, you don't need to buy bytes.
 

.
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February 18, 2017, 01:29:08 PM
 #5097

Why is an IOTA developer stalking me, a supposed troll, around in the Byteball thread? Makes me wonder.

I explained it upthread. Your post in IOTA thread looked as trolling, I followed your previous posts and saw signs of a long con against Byteball community. Even more, you had modus operandi of one scammer I met in the past. So now I'm paying close attention to your words. When you post bullshit, I reveal that. It's not my fault that you post bullshit that often that my behavior looks as trolling.
Thank you for doing the Byteball community a service, I am not sarcastic, please watch out for any other possible scammers as well, I do appreciate that. No sarcasm, for real.

I have no problem with you watching over the Byteball community, feel free to question me and unravel any scam-attacks.

But there is a problem when you insinuate Byteball can not scale or is not fast enough, twice now already even after tonych told you clearly there is no architectural limits, and otherwise spread other distrust in the project. What Byteball can do is even better than I understood it, and yet you insinuated there is a limit or speed-disadvantage compared to your own home-made hash function.

That is when I question your real motive for being here.

Attack me as a person, question my motives, but Ill stand up for Byteball, for what is right, just because I can.  Kiss

Just as you are watching over me, I will be watching over any Iota "investors"/victims, and remind them who you are and why you are following me around here.

EDIT:

And your trolling is bad, I did mention signature validation, that is verification.

Then it seems to me that your "really a massive amounts of transactions" is not that massive as I assumed. I see you have very little understanding about cryptocoins internals and bottlenecks they have.

Well, yes, yes it is really a massive amounts of transactions, even more massive than I understood it. Got a problem with that?
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February 18, 2017, 01:52:31 PM
 #5098

Well, yes, yes it is really a massive amounts of transactions, even more massive than I understood it. Got a problem with that?

No, the only problem is that you spread misinformation and blatant lies.
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February 18, 2017, 02:06:28 PM
 #5099

Well, yes, yes it is really a massive amounts of transactions, even more massive than I understood it. Got a problem with that?

No, the only problem is that you spread misinformation and blatant lies.
Ah so that is your real motivation for being here, to make sure I dont "tell lies and misinformation", about what exactly, about Byteball?

I didnt tell a lie, Byteball does scale really really massively, and it is not misinformation.

You are the one who claimed twice it doesnt scale and claimed Byteballs signature verification is a bottleneck.

Take your lies, misinformation and trolling to your own Iota thread.
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February 18, 2017, 02:11:45 PM
 #5100

Ah so that is your real motivation for being here, to make sure I dont "tell lies and misinformation", about what exactly, about Byteball?

I didnt tell a lie, Byteball does scale really really massively, and it is not misinformation.

You are the one who claimed twice it doesnt scale and claimed Byteballs signature verification is a bottleneck.

Take your lies, misinformation and trolling to your own Iota thread.

You claimed that I had said Byteball was a sidechain of Bitcoin. It's a blatant lie. Or you can bet money on your claim?
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