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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1222695 times)
nillohit
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March 02, 2017, 08:48:51 AM
 #5421

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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1611240531
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Spratan
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March 02, 2017, 09:07:20 AM
 #5422

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
 #5423

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
 #5424

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?

kaicrypzen
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March 02, 2017, 09:50:26 AM
 #5425

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.

songsunling
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March 02, 2017, 10:24:18 AM
 #5426

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
 #5427

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
 #5428

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.
ittou
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March 02, 2017, 12:35:56 PM
 #5429

Hi,
I left the folder of BYTEBALL and installed the OS cleanly. And when BYTEBALL was started, the balance became 0.
How can I upgrade BYTEBALL? With this way, the balance will be 0 every time, so I am afraid to use it.

Can you please be a bit more specific about what you exactly did? My understanding is that you saved your data directory and reinstalled your system, however I don't understand if you restored your data directory from your backup or not ...

Thank you for your reply.
I did the former.I did my saved data directory,and reinstalled my system.
I will give up the lost balance the worst but I would like to know what I should have done.
Do you have the seed words? From those you can restore your wallet with at least the bytes balance intact.

You have also a saved data directory, you took a backup before reinstalling your system. Then, try to shut down Byteball wallet, ensure it is not in Task Manager, then, replace the current  data directory, with the one you saved, and start Byteball wallet again, is your balance now intaact?


I have no saved data.I backed up only the data folder.
Since other coin could be backed up this way, we did not know where the wallet data is, so we did it the same way.
There is no way but I will give up lost data.
thank you very much.
kaicrypzen
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March 02, 2017, 02:25:48 PM
 #5430

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.

Did you try using a folder backed up on one computer, on another one? I remember reading about users who tried it and it didn't work (even though it was the same operating system on both computers).

kacumoto
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March 02, 2017, 04:33:02 PM
 #5431

please help me!!
I had tried buy byteball in wallet from bot, and return message what order writen in "book". It was last week.
I want return their BTC.
Have what some command bot for cancel buy and return my btc on wallet?
Please, i think it question was last pages. It very long search.
If somebody have it problem or knows answer.
I will thanks you!!
SatoNatomato
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March 02, 2017, 04:45:54 PM
 #5432

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.

Did you try using a folder backed up on one computer, on another one? I remember reading about users who tried it and it didn't work (even though it was the same operating system on both computers).
Yes it worked for me on Linux, from OpenSuse to Ubuntu, but I can understand if it fails on windows, it can select diffrent paths for the data folder which is difficult to discover.
SatoNatomato
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March 02, 2017, 04:47:27 PM
 #5433

please help me!!
I had tried buy byteball in wallet from bot, and return message what order writen in "book". It was last week.
I want return their BTC.
Have what some command bot for cancel buy and return my btc on wallet?
Please, i think it question was last pages. It very long search.
If somebody have it problem or knows answer.
I will thanks you!!
Unfortuneatly there is no cancel chat command, but you can try to buy your own order.
Jeff Jefferson
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March 02, 2017, 04:53:34 PM
 #5434

what is your order, you can decrease your sell order or increase your buy order at any time. then someone sells/buys at your price.
Thegodzilla
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March 02, 2017, 04:59:34 PM
 #5435

How to use lisk to make byteball?
zanzibar
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March 02, 2017, 05:05:40 PM
 #5436

How to use lisk to make byteball?

Go to exchange, sell Lisk for BTC, take BTC to cryptox.pl and buy BB
AncientEnemy
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March 02, 2017, 05:09:07 PM
 #5437

i'm in sync now, then I'll try to participate to the next round
Jeff Jefferson
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March 02, 2017, 06:29:39 PM
 #5438

So anyone else buying byteball or just everyone selling
kacumoto
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March 02, 2017, 06:52:13 PM
 #5439

what is your order, you can decrease your sell order or increase your buy order at any time. then someone sells/buys at your price.

How can I return my btc from byteball order book?
clovis A.
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March 02, 2017, 06:54:08 PM
 #5440

Few questions regarding byte backups.

1) What's the difference between the "backup wallet seed" and "full backup" functions? I assume the full backup takes the wallet seed and the data from the `local` folder and then encrypts and compresses that data into a single file......am I close?

2) Is it necessary to complete both the "backup wallet seed" and "full backup" functions to properly secure my wallet?

3) With the addition of the "full backup" function in the 1.4.0 wallet, is one still required to backup the file in the `local` folder?


Thanks in advance!

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