Obyte: Totally new consensus algorithm + private untraceable payments

[S3cco]

I'm pleased to announce that Byteball is featured in the Bitcoin Garden Forum Newsletter that is being sent the our members today.

Congrats to the team. You are doing a great job!

[CryptKeeper]

I'm pleased to announce that Byteball is featured in the Bitcoin Garden Forum Newsletter that is being sent the our members today.

Congrats to the team. You are doing a great job!

Great news, thank you for sharing!

[andrew24p]

If we already participated in the third distribution, can we be distributed more byteball from our BTC/ if we participate in the 4th can we also participate in the 5th, or is it one time only ?

[vlechogo]

If we already participated in the third distribution, can we be distributed more byteball from our BTC/ if we participate in the 4th can we also participate in the 5th, or is it one time only ?

There is no limit in the rounds you can participate as long as you have btc in your linked address at the moment of snapshot

[Karartma1]

Can someone share the image with the projected distribution rounds accumulutation phases, please? I'm afraid I've lost where I've bookmarked it
Thx

[psycodad]

Sorry if I missed that, but does anybody know why Novaexchange rejected Byteball addition after it made it past the voting:

[nillohit]

Sorry if I missed that, but does anybody know why Novaexchange rejected Byteball addition after it made it past the voting:

I purchased nearly 50% votes. All money loss ...... I missed the topic they stated "Novaexchange only supports coins based on Bitcoin or Litecoin at this point, but is working to support other coins aswell. We will announce when it is possible."

They do not support DAG algorithm based coin

[denam]

Sorry if I missed that, but does anybody know why Novaexchange rejected Byteball addition after it made it past the voting:

I purchased nearly 50% votes. All money loss ...... I missed the topic they stated "Novaexchange only supports coins based on Bitcoin or Litecoin at this point, but is working to support other coins aswell. We will announce when it is possible."

They do not support DAG algorithm based coin

This is bad news but Novaexchange not have good volume we need more big exchange like polo and kraken.

[nillohit]

Sorry if I missed that, but does anybody know why Novaexchange rejected Byteball addition after it made it past the voting:

I purchased nearly 50% votes. All money loss ...... I missed the topic they stated "Novaexchange only supports coins based on Bitcoin or Litecoin at this point, but is working to support other coins aswell. We will announce when it is possible."

They do not support DAG algorithm based coin

This is bad news but Novaexchange not have good volume we need more big exchange like polo and kraken.

Yes, but it's not possible until at least 80% coins distributed. currently only 13.7% coins are distributed 

[Spratan]

Sorry if I missed that, but does anybody know why Novaexchange rejected Byteball addition after it made it past the voting:

I purchased nearly 50% votes. All money loss ...... I missed the topic they stated "Novaexchange only supports coins based on Bitcoin or Litecoin at this point, but is working to support other coins aswell. We will announce when it is possible."

They do not support DAG algorithm based coin

This is bad news but Novaexchange not have good volume we need more big exchange like polo and kraken.

Yes, but it's not possible until at least 80% coins distributed. currently only 13.7% coins are distributed 

Why wouldn't it be listed before 80% ? It is already listed.

[onemanatatime]

Dev can we get this coin on Cryptopia or another exchange??

[Xandan]

Dev can we get this coin on Cryptopia or another exchange??

Very soon we will be on big exchanges than price will be over $100. I am just holding coins as well as holding some btc too for next distribution. Byteball has very unique technology so be patience it has very great future.

[MemberCount+1]

Dev can we get this coin on Cryptopia or another exchange??

to much coins in hands of the dev, wait 5-6 months. more fresh coins incoming in the next weeks

[Kartaba]

Installing the wallet... Now 5 hours later its at 35%ish. Thought this would be much faster. Does the lite wallet also give me the option to partake in the distribution? Thanx

[favdesu]

Installing the wallet... Now 5 hours later its at 35%ish. Thought this would be much faster. Does the lite wallet also give me the option to partake in the distribution? Thanx

yes, you just need the light wallet.

[Kartaba]

Installing the wallet... Now 5 hours later its at 35%ish. Thought this would be much faster. Does the lite wallet also give me the option to partake in the distribution? Thanx

yes, you just need the light wallet.

Thank you

[kola-schaar]

[cybterpunk]

how many bitcoin been linked right now?

also maybe we should ask bittrex list byteball coin.

[cybterpunk]

Seems byteball is the future of blockchain

check this thread:

>Also how can you be so confident qtum is going to replace ETH based on it's tech when they haven't released code yet?

Ethereum is using an accounts model, like Ripple. Which is anti-blockchain and anti-privacy and very traceable. It is against the philosophy of Bitcoin.

All coins going forward will be on the UXTO model and it is best practice for blockchain. Moving turing complete smart contracts off of accounts model and onto UXTO is extremely important and that is what qtum appears to be doing.

We need to figure out how to do general computation on a UXTO model. Instead of being restrained to the Ripple/Ethereum accounts model.

I think they will get closer to the goal, but only get there part way
- thin client for smart contracts (major limitation for existing system)
- moving smart contracts onto UXTO (major milestone)

I do not know if qtum has succeeded, but they seem to be going in right direction. I talked to one of their technical leads and they were focused on "Getting it working with something we can do now" and then incremental improvement over time. So first implementing the Ethereum virtual machine on top of UXTO, then working out the research problems for a native turing complete UXTO language later.

I do not know if there is a way to full UXTO while still having "gas". I think you will need to get rid of the "gas". In the ethereum model to take full advantage. I do not know if qtum will be able to go far enough in doing that, but is heading in the correct direction.

Ethereum tries to be both a token and a computer.
- we started with pure tokens (Bitcoin)
- then we added a computer to the tokens (Ethereum)
- now we just trying to figure out how to build  pure computer on UXTO
- Then once we have the computer, the tokens or coins just become a program or entity running on this "distributed computer"

Bitcoin, Ethereum, qtum, byteballs, etc are just stepping stones. Towards a final solution. None of these will exist or be relevant in ten years. We are in an age of transition and I am looking at the projects that are getting closer to the goal, in a pure mathematical sense.

Even Skycoin is being ripped up and its foundations constantly rewritten when it is advantageous to do so. Bitcoin is static and relatively unchanging, while Ethereum has been able to get the community to accept constant small changes.

Skycoin is on a punctuated equilibrium model, where we do bug fixes and polishing, then completely rip up and rebuild the foundation as needed, then go back to bug fixes and polishing.

Right now, we are exploring new networking primitives and the advantage of immutable data structures, but are still on blockchain. Putting EVM on UXTO is heading towards immutable data structures from the perspective of computation, while we are heading towards immutable data structures from the path of consensus, networking and simplifying object synchronization protocols.

One of the pilots that is being spun out of that project is the distibuted, peer-to-peer social media platform built upon immutable data structures and peer-to-peer object replication. For this Skycoin chose a public key, cryptographic publisher/subscriber model and DAG immutable object tree. While Ethereum's project chose a Kadmelia DHT block storage model.

Ignoring the individuals and the drama, I am just looking at the "future direction" and who is heading in that direction.

>Also how can you be so confident qtum is going to replace ETH based on it's tech when they haven't released code yet?

I am not confident it will replace Ethereum. At the start, it will be equivalent to ethereum in terms of being able to run the Ethereum Virtual Machine (EVM) on top of qtum with UXTO. Then they will do a native language.

It will depend on the implementation. I do not know if qtum has succeeded, but they seem to be going in right direction.

Similarly, Byteballs may fail or may not exist in ten years, but they are pioneering the first experiments into replacing the Blockchain with a DAG. Which we have been considering for several years now.

Similarly, Bitcoin was the first but people are getting used to the idea that it will not be the final or best cryptocurrency. That it was just the first generation and that we can build better and improve it substantially.

[sxafir]

Twitter campagin end.