Obyte: Totally new consensus algorithm + private untraceable payments

[Come-from-Beyond]

I see your post history, whats wrong with people compressing data and storing it in byteball?

Nothing wrong, it makes perfect sense.

[CryptKeeper]

thank you
is the transition bot down? it doesnt answer me

Yes, the transition bot and http://transition.byteball.org/ are down at the moment. Please be patient, I'm sure it will be up again soon. 

[crypt0hash]

we need a bigger exchange for this great byteball. this should be the most promising coin this year.

what exchange is it on now?

https://cryptox.pl

[escapefrom3dom]

so if i make a full backup i will be able to restore it? no strings attached? just import the wallet file?

yep, but u importing not only the wallet, let's call it just full backup.

[vlechogo]

I see your post history, whats wrong with people compressing data and storing it in byteball?

Nothing wrong, it makes perfect sense.

What is your problem, creator of iota?

[cybterpunk]

no volume for the coin now?

we need a bigger exchange for this.

how about bittrex ?

[specturul]

no volume for the coin now?

we need a bigger exchange for this.

how about bittrex ?

For Bittrex Baytball could be the best option to increase trading volume and make this exchange again popular.

[Bitcoin0916]

we need a bigger exchange for this great byteball. this should be the most promising coin this year.

Yes true, every coins there are advantages. And for byteball it is interesting many advanced features such as: Private untraceable payments, Private end-to-end encrypted messaging: used to convey private payment data, communicate in multisig scenarios, and chat with a merchant's bots, and some other great features.

I think byteball will available at bigger exchangers like Poloniex, bittrex and many more.

[BTCspace]

bigger exchange and bigger volume.

byteball will be popular.

[nillohit]

This look pretty interesting.. still not on any exchange?

1. In-wallet Exchange bot : byteball:Ar2ukVqx309sX+LoC9RVOpfATgXskt+Ser5jVr3Q2FOo@byteball.org/bb#0000
2. Bitcoin Exchanger : https://cryptox.pl/
3. Decentralized Exchanger : https://bitsquare.io/
4. Byteball Slack Trading Channel : https://byteball.slack.com/messages/trading/
5. Advanced OTC trading : https://ydx.slack.com/messages/gb_btc/
6. BT buy/sell thread : https://bitcointalk.org/index.php?topic=1728405

[ApexEvo]

bigger exchange and bigger volume.

byteball will be popular.

is anyone doing anything to get BB on bigger and more popular exchanges?

[nillohit]

bigger exchange and bigger volume.

byteball will be popular.

Yes, but wait until all coins are distributed fairly. Currently only 11.7% coins are distributed.

[Come-from-Beyond]

What is your problem, creator of iota?

A dude who behaves like a con artist posts lies in this thread and noone tries to fix this, some other dudes even try to defend him. I think this is my problem.

[Spratan]

Yes, I lie to lure newbies into Byteball. /s 

You do, last time it was a lie that data in the DB can be compressed well. I claim that once people start using Byteball seriously they'll be storing high-entropy data and further compression won't help.

Please explain. Always good to have feedbacks from other famous devs.

[Spratan]

i am still holding my byteball..

how many byteball will be free giveaways this time?
thank you

The distribution rules are the same as in the second round:

BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.1 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.21111 blackbytes

And blackbytes to blackbytes also ?

[nillohit]

i am still holding my byteball..

how many byteball will be free giveaways this time?
thank you

The distribution rules are the same as in the second round:

BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.1 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.21111 blackbytes

And blackbytes to blackbytes also ?

No. You'll get free bytes on based of your linked BTC balance & linked byteball address

[kola-schaar]

[SatoNatomato]

Yes, I lie to lure newbies into Byteball. /s 

You do, last time it was a lie that data in the DB can be compressed well. I claim that once people start using Byteball seriously they'll be storing high-entropy data and further compression won't help.

You are talking about an attack scenario in the future while I was talking about the database growth as it was from beginning until today.

The database does compress well when used what it was designed for, as can be shown by compressing it today.

If you think someone will pay in bytes to store uncompressable data, that is your opinion and Iota-FUD, since you wouldnt even cough up the little amount it would require at todays prices. Which proves the whitepaper and my point, please store any shit you like, but it will cost you. You would have to pay alot, as the whitepaper adresses the issue, to overwhelm the network and database size with any kind lf data.

Put your money where your mouth is or get out.

Or at least stop spreading fear and lies about Byteball technology.

[SatoNatomato]

Yes, I lie to lure newbies into Byteball. /s 

You do, last time it was a lie that data in the DB can be compressed well. I claim that once people start using Byteball seriously they'll be storing high-entropy data and further compression won't help.

I see your post history, whats wrong with people compressing data and storing it in byteball?

what's the point of storing data there?

To make new better distributed decentralized applications.

For example you can use Byteball to make a DNS like system as namecoin, the amount of data you store is what you pay for in bytes. Or you coud store ipfs hashes and use Byteball lightclient for looking up ipfs hashes and say a short description of its contents.

You could use it to make uncensored twitter. You could store uncompressable data too, someone stored a short bio of Assange from wikipedia and some others from this forum stored love messages.

Its up to you to make applications and make use of this awesome facility/feature.

The price to store data is payed in bytes, the price is calculated taking into consideration the size of data in bytes.

[SatoNatomato]

What is your problem, creator of iota?

A dude who behaves like a con artist posts lies in this thread and noone tries to fix this, some other dudes even try to defend him. I think this is my problem.

What exactly am I con artisting?

I am a programmer at big enterprise within IoT.

Me and my team decided to pick Byteball over Iota for our platform and products.

Now the Iota dev is butthurt since someone actually in IoT and a programmer, not even altcoin investor, on technical and community grounds picked Byteball. Because Iota sucks and is in normal words shit in IoT space and does not even make sense or work today, while we already have a prototype with Byteball. Lulz.