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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1225180 times)
onemanatatime
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April 02, 2017, 06:35:39 PM
 #6321

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

This time it's different.
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Xandan
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April 02, 2017, 06:41:44 PM
 #6322

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.
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April 02, 2017, 06:42:40 PM
 #6323

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 Wink
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April 02, 2017, 07:11:34 PM
 #6324

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
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April 02, 2017, 07:15:10 PM
 #6325

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.

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April 02, 2017, 07:44:37 PM
 #6326

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
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April 02, 2017, 07:56:51 PM
 #6327

cybterpunk
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April 03, 2017, 05:41:59 AM
 #6328

how many bitcoin been linked right now?

also maybe we should ask bittrex list byteball coin.

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April 03, 2017, 07:03:30 AM
 #6329

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.
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April 03, 2017, 07:06:14 AM
 #6330

Twitter campagin end.
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April 03, 2017, 07:08:37 AM
 #6331

Cryptocurrencies can become popular within a short period of time in today's age, and they have higher chances of becoming

popular if they have a name that is widely accepted and equally liked among different cultures. Bitcoin is such a name.

Byteball, as well, is a very attractive and nice name for a cryptocurrency project that embraces simplicity and elegant

technology. Along with a new consensus algorithm and untraceable payments, as well as chat built in from the beginning, this

one is one to observe and get involved in.
You said it man.

Byteball, like snowball but instead of snow, bytes are rolling.

Byteball really needs a community manager who can reach out to exchanges and organize marketing, etc...
Maybe, but I wouldnt do that yet, to reach exchanges - those places are filled with "altcoin traders", an echo-

chamber of the same people. To reach a wider audience, to gain more actual users and not speculators, we need to reach

channels where altcoiners are not present. Niches where geeks do not hang around. Mom forums. Those kind of places, where you

wouldnt think to mention byteball, but we do need it, to diversify and grow userbase. To learn what they need, what is

difficult in the current wallet, to remove any obstacles for them to "pay" with very small price for something they want.

Exchanges are easy, every currency will get there, but to reach actual users is hard, and thats why its more worth to (begin)

doing.

It would be nice with digital-service webshop, like "Send us bytes, which you can buy with PayPal/Visa/MasterCard from here

..., to receive access to ad-free content or gain imaginary karma-points on a forum". Must have something of worth for people

to start and use a wallet over.

The more stuff you can buy, the more success byteball will have.

definitely more doors are there the more chance of success are also there.
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April 03, 2017, 07:48:15 AM
 #6332

how many bitcoin been linked right now?

also maybe we should ask bittrex list byteball coin.



Honestly the longer off bittrex the better for the time being. With Bittrex and polo come the big dumps.

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April 03, 2017, 08:03:14 AM
Last edit: April 03, 2017, 08:34:31 AM by stormia
 #6333

It is too bad I wasn't already wealthy in bitcoin so I could be wealthy in byteball, too.

I understand why the distribution needed to be done this way, but byteball doesn't much appeal to me (like all coins that distribute proportionally to prior wealth) because the same exact people who control the majority of wealth in bitcoin get to control the majority of wealth in byteball, without taking on any additional risk (there's no risk at all since there's no investment through mining or otherwise, so obviously risk is not proportional/does not scale at all). In other distribution models of course the wealthier you are to begin with the more you can get by investing more, but you also take on more risk proportional to how much you invest. Here the rich just get richer.

Not to mention all the projects with huge sums of bitcoin from ICOs that get huge amounts of byteball wealth off the backs of their investors. And the exchanges that get huge amounts of byteball wealth off the backs of their users.

So while the tech here appears to be groundbreaking the economics are more than a bit discouraging.
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April 03, 2017, 08:34:41 AM
 #6334

Is the chatbot down at the moment? Can't seem to link any addresses.

Also, if I linked a bitcoin address in the last round, will it automatically participate in this round? Will the bytes that I received participate in this round or do I need to link them somehow?
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April 03, 2017, 08:59:37 AM
 #6335

 i syn 50%, and i close the wallet,net time when i open the wallet,it start from 0% to syn,why?
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April 03, 2017, 09:33:14 AM
 #6336

i syn 50%, and i close the wallet,net time when i open the wallet,it start from 0% to syn,why?

Maybe it requires 100% sync to be able to saved the entire chain in the beginning.
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April 03, 2017, 09:37:03 AM
 #6337

An exceptional coin, I think BYTEBALL coin must to do a massive marketing strategy, there are opportunities to be number # 1. Dev., please do my advise. thanks

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cybterpunk
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April 03, 2017, 10:30:27 AM
 #6338



i think at least byteball is much much better than Dogecoin.

we need wait patient.

our first target, let's hold the ball.
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April 03, 2017, 10:31:06 AM
 #6339

An exceptional coin, I think BYTEBALL coin must to do a massive marketing strategy, there are opportunities to be number # 1. Dev., please do my advise. thanks

maybe coindesk articles?
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April 03, 2017, 01:34:15 PM
 #6340

Hello

I try to send byteballs from my wallet, but I receive this message (in red):

"Impossible to send payment: [internal] connection closed".

Can anybody give me an advise?

Thank you very much
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