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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1236243 times)
boomboom
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March 01, 2017, 11:47:14 PM
 #5401

CfB trolling byteball is very bullish indeed, wish he would troll Komodo too
barnes13
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March 02, 2017, 06:12:28 AM
 #5402

The 3rd Round distribution on March, do I need to sent my previous byteball balance to new wallet, like 2nd round distribution?

And do I need to linked my new BTC address? or I can use my previous BTC address? which is I use for 2nd round.
nillohit
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March 02, 2017, 06:18:05 AM
 #5403

The 3rd Round distribution on March, do I need to sent my previous byteball balance to new wallet, like 2nd round distribution?

And do I need to linked my new BTC address? or I can use my previous BTC address? which is I use for 2nd round.
You have answers in your questions. YES & YES  Smiley

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Come-from-Beyond
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March 02, 2017, 07:38:11 AM
 #5404

CfB trolling byteball is very bullish indeed, wish he would troll Komodo too

Komodo doesn't have a lying cheerleader.
SatoNatomato
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March 02, 2017, 07:50:25 AM
 #5405

CfB trolling byteball is very bullish indeed, wish he would troll Komodo too

Komodo doesn't have a lying cheerleader.
You're just butthurt that I chose Byteball and not Iota. We choose Byteball for an actual IoT product my employer is working on.

You're not here to protect the innocent and gullible, you're here for a personal vendetta for me saying truth about IOTA, that PoW and IoT is oxymoron.

Besides, you have spread more lies and distrust in Byteball here than anyone else, which is shown in the latest example when you equated the Byteball database growth as it was until today - due to its designed usage for transactions, with an attacker storing incompressible data in it - which by design would have a high cost.

But please continue to embarrass yourself and Iota.
sxafir
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March 02, 2017, 07:53:53 AM
 #5406

How to send blackbytes to linked adres and cant download new version from github.
Come-from-Beyond
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March 02, 2017, 08:04:25 AM
 #5407

You're just butthurt that I chose Byteball and not Iota.

Actually, it's exactly the opposite.
c0in_junkie
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March 02, 2017, 08:10:29 AM
 #5408

How many rounds are there in total?
nillohit
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March 02, 2017, 08:16:15 AM
 #5409

Both IOTA & Byteball are excellent DAG coin. Anybody inform me please, which coin is the first DAG coin ?
We must need a strong community for both coins  Smiley

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Krypt
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March 02, 2017, 08:30:22 AM
 #5410

Anybody inform me please, which coin is the first DAG coin ?
The first DAG coin was DAGcoin   Grin Grin Grin
https://bitcointalk.org/index.php?topic=1177633.0
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March 02, 2017, 08:33:35 AM
 #5411

Anybody inform me please, which coin is the first DAG coin ?
The first DAG coin was DAGcoin   Grin Grin Grin
https://bitcointalk.org/index.php?topic=1177633.0

Bitcoin. Учи мaтчacть.
SatoNatomato
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March 02, 2017, 08:44:01 AM
 #5412

Both IOTA & Byteball are excellent DAG coin. Anybody inform me please, which coin is the first DAG coin ?
We must need a strong community for both coins  Smiley
The problem is Iota doesnt have a better consensus algorithm than a random dice roll, and can not work on IoT devices as its PoW is incompatible with power constrained devices, IoT chips just cant do much work and the work they do is too precious to waste on a coinflip.

Maybe thats why Iotadev is here spreading lies about Byteball, saying its a hybrid blockchain dagcoin lol.
nillohit
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March 02, 2017, 08:48:51 AM
 #5413

Both IOTA & Byteball are excellent DAG coin. Anybody inform me please, which coin is the first DAG coin ?
We must need a strong community for both coins  Smiley
The problem is Iota doesnt have a better consensus algorithm than a random dice roll, and can not work on IoT devices as its PoW is incompatible with power constrained devices, IoT chips just cant do much work and the work they do is too precious to waste on a coinflip.

Maybe thats why Iotadev is here spreading lies about Byteball, saying its a hybrid blockchain dagcoin lol.
However if IOTA has such vulnerabilities then we hope dev will fix them soon. If Byteball is bybrid DAG coin then why I can't find that on whitepaper?But, my question is -
which coin is first invented with DAG technology ? IOTA or Byteball ?

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Spratan
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March 02, 2017, 09:07:20 AM
 #5414

Both IOTA & Byteball are excellent DAG coin. Anybody inform me please, which coin is the first DAG coin ?
We must need a strong community for both coins  Smiley

Iota was the first, based on : http://www.tangleblog.com/2017/01/03/byteball-vs-iota-token/
"Based on the announcements-threads on Bitcointalk and the date of the fully functioning main net of IOTA in July 2016, it is safe to say that the first DAG aka the Tangle was IOTA-token"
But as you wrote, both coins are excellent investments, no need to bet just on one based on the start date, especially when dates are so close.
kola-schaar
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March 02, 2017, 09:21:49 AM
 #5415

I like what you guys are trying and did invest some in your coin hope I get some good returns. I just had few queries what are you plans for the future I would recommend you to introduce something more and different because if you now most of the altcoins have untraceable payments I just wanted to know are you going to introduce something more which isn't already there in the market.
I do not have a good overview of the market and what there is. With byteball I find that the overall package is coherent (Byteball has good genes for a wide spread in real world).
1. Future-proof scalability
2. Flexibility (see white paper)
•   page 33 Assets
•   page 37 Bank issued assets
•   page 38 None-financial-assets
•   page 38 Bonds
•   page 39 Commodity Bonds
•   page 40 Funds
•   page 40 Settlements
•   page 40 private payment
•   page 42 Fixed denominations assets
•   page 45 Arbitrary structured data  (..this message type can be used to post Ethereum code for the subset..)
•   page 45 Text
•   page 46 Voting
•   page 47 private messaging
3. easy customization (based on javascript / easy to understand declarative language)
4. very competent and workaholic Dev
5. easy access and good usability (full and light wallets with easy gui for Linux, OSX, Windows, Android, iOS + bots to communicate with the user)
6. compliance / real world compatibility (In Byteball, one can issue assets with any rules that govern their transferability, from no restrictions at all, like Bitcoin, to anything like
requiring every transfer to be cosigned by the issuer (e.g. the bank) or restricted to
a limited set of whitelisted users.
7.fair initial distribution (with zero risk for BTC holders)

Personally, I believe that universality, flexibility and real world compatibility is more important for a wider spread in real world than the overweighting of particular characteristics.
We live in very fast times. The strategy of today is already overtaken tomorrow. So you need a technology that is very flexible / scalable to find your real world users and applications.
kaicrypzen
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March 02, 2017, 09:29:37 AM
 #5416

How to send blackbytes to linked adres

Why do you want to do that? Blackbytes do not matter for the distribution. Generally, to send blackbytes, you should pair with the device you want to send them to.

cant download new version from github.

You mean, you go to https://github.com/byteball/byteball/releases, click on the adequate file to download and can't download it?
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March 02, 2017, 09:50:26 AM
 #5417

How many rounds are there in total?

The number of rounds is not known in advance, it will depend on the rules (if they stay the same or change) and on the linked BTC amount.
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March 02, 2017, 10:24:18 AM
 #5418

I like what you guys are trying and did invest some in your coin hope I get some good returns. I just had few queries what are you plans for the future I would recommend you to introduce something more and different because if you now most of the altcoins have untraceable payments I just wanted to know are you going to introduce something more which isn't already there in the market.
I do not have a good overview of the market and what there is. With byteball I find that the overall package is coherent (Byteball has good genes for a wide spread in real world).
1. Future-proof scalability
2. Flexibility (see white paper)
•   page 33 Assets
•   page 37 Bank issued assets
•   page 38 None-financial-assets
•   page 38 Bonds
•   page 39 Commodity Bonds
•   page 40 Funds
•   page 40 Settlements
•   page 40 private payment
•   page 42 Fixed denominations assets
•   page 45 Arbitrary structured data  (..this message type can be used to post Ethereum code for the subset..)
•   page 45 Text
•   page 46 Voting
•   page 47 private messaging
3. easy customization (based on javascript / easy to understand declarative language)
4. very competent and workaholic Dev
5. easy access and good usability (full and light wallets with easy gui for Linux, OSX, Windows, Android, iOS + bots to communicate with the user)
6. compliance / real world compatibility (In Byteball, one can issue assets with any rules that govern their transferability, from no restrictions at all, like Bitcoin, to anything like
requiring every transfer to be cosigned by the issuer (e.g. the bank) or restricted to
a limited set of whitelisted users.
7.fair initial distribution (with zero risk for BTC holders)

Personally, I believe that universality, flexibility and real world compatibility is more important for a wider spread in real world than the overweighting of particular characteristics.
We live in very fast times. The strategy of today is already overtaken tomorrow. So you need a technology that is very flexible / scalable to find your real world users and applications.


to the point. Smiley
Rando
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March 02, 2017, 10:27:01 AM
 #5419

Hi,
I have the seed + user folder from ver. 1.3 and I would like to reinstall the wallet on a new computer.
How do I do that with 1.4? when do I insert the old seed? do I just overwrite theh user folder?
thank you.
SatoNatomato
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March 02, 2017, 10:41:23 AM
 #5420

Hi,
I have the seed + user folder from ver. 1.3 and I would like to reinstall the wallet on a new computer.
How do I do that with 1.4? when do I insert the old seed? do I just overwrite theh user folder?
thank you.
If you have blackbytes and want to keep them then seed words are not enough, you need to copy/backup the user folder to the new computer, then just run the newer version and it should all work fine.
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