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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1233959 times)
andrew24p
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April 05, 2017, 08:02:54 AM
 #6381

can we get byteball on bittrex so I dont have to use a janky ass exchange?

I think no, because you need to prove that the bitcoin address is yours.

Im not talking about for transitioning, just for buying and selling.

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April 05, 2017, 09:06:46 AM
 #6382

Hey everyone, thanks for helping out. I uninstalled and reinstalled the Light version as recommended by CryptKeeper and this time the bot worked perfect!

In fact, it seems that older messages were displayed, even responding to an earlier response (which was to post my wallet address) so perhaps the Bot caught up to my old messages... which didn't display earlier.

Appreciate the assistance all!

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April 05, 2017, 09:07:51 AM
 #6383

Is there a mobile wallet which you can download via apple's appstore?
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April 05, 2017, 09:10:10 AM
 #6384

Is there a mobile wallet which you can download via apple's appstore?
In the first page has been wrote about Apple wallet, you can following this link: https://github.com/byteball/byteball/blob/master/building-for-ios.md
the artful bodger
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April 05, 2017, 09:49:30 AM
 #6385

can we get byteball on bittrex so I dont have to use a janky ass exchange?

I must admit that cryptox.pl is quite small and not well known yet, but proved to be a reliable exchange!

Any complaints were taken seriously by the staff and were resolved within a reasonable timeframe, as I've read in user comments on our slack.

I have no serious complaints about cryptox.pl, but it's a single point of failure. If it gets hacked it will seriously affect confidence in byteball. A hacker could get a big percentage of the existing byteball distribution. If byteball was on more exchanges it would dilute the number of coins a hacker could steal.
tonych (OP)
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April 05, 2017, 12:55:52 PM
 #6386

Version 1.7.0 released https://github.com/byteball/byteball/releases

This version enables prediction markets based on P2P smart contracts. See https://medium.com/byteball/making-p2p-great-again-episode-iii-prediction-markets-f40d49c0abab



Now you can bet on (or hedge against) any events and get paid if the event happens.  One type of events that is already working today is events based on exchange rates of crypto coins and major fiat currencies.  

You are welcome to add new oracles that post other real-world events and enable prediction markets based on these events.

Other updates:
* New translations thanks to community members: Hungarian, Swedish, Polish.  Dutch translation improved.
* Multiple small improvements and bugfixes

If you are running a full wallet, the upgrade is mandatory.  The new version extends the smart contract language.  As soon as the new language constructs are used for the fist time, old nodes will not recognize them and will be stuck until upgraded.

Simplicity is beauty
Odrak
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April 05, 2017, 01:06:46 PM
 #6387

Version 1.7.0 released https://github.com/byteball/byteball/releases

This version enables prediction markets based on P2P smart contracts. See https://medium.com/byteball/making-p2p-great-again-episode-iii-prediction-markets-f40d49c0abab



Now you can bet on (or hedge against) any events and get paid if the event happens.  One type of events that is already working today is events based on exchange rates of crypto coins and major fiat currencies.  

You are welcome to add new oracles that post other real-world events and enable prediction markets based on these events.

Other updates:
* New translations thanks to community members: Hungarian, Swedish, Polish.  Dutch translation improved.
* Multiple small improvements and bugfixes

If you are running a full wallet, the upgrade is mandatory.  The new version extends the smart contract language.  As soon as the new language constructs are used for the fist time, old nodes will not recognize them and will be stuck until upgraded.

Thanks for the update! Nice release
Limx Dev
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April 05, 2017, 02:02:00 PM
 #6388

Version 1.7.0 released https://github.com/byteball/byteball/releases

This version enables prediction markets based on P2P smart contracts. See https://medium.com/byteball/making-p2p-great-again-episode-iii-prediction-markets-f40d49c0abab



Now you can bet on (or hedge against) any events and get paid if the event happens.  One type of events that is already working today is events based on exchange rates of crypto coins and major fiat currencies.  

You are welcome to add new oracles that post other real-world events and enable prediction markets based on these events.

Other updates:
* New translations thanks to community members: Hungarian, Swedish, Polish.  Dutch translation improved.
* Multiple small improvements and bugfixes

If you are running a full wallet, the upgrade is mandatory.  The new version extends the smart contract language.  As soon as the new language constructs are used for the fist time, old nodes will not recognize them and will be stuck until upgraded.

Thanks for the update! Nice release
Great Job! Nice release!

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April 05, 2017, 02:56:26 PM
 #6389

From the blog

Quote
Now you can short any coin without owning it, simply by betting that its price goes below certain level. Being a binary option, this contract also limits your loss (you can’t lose more than you paid) and includes an implicit take-profit (no risks after the price breaks the set level).

You can actually do better than this with price oracles. You can issue collateralized loans. You can peg a token to any real world asset or basket of assets by backing it with equivalent amount of collateral in bytes or other crypto.
 

.
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April 05, 2017, 04:48:13 PM
 #6390

Do I understand this correctly that to use this betting feature one must find:

1. some other user eager to be a counterparty to the betting contract
2. find out the other user's device address
3. pair the wallet with the other user's device
4. start a chat and set up a contract as described in the medium post

If that's correct we need some community forums to find possible counterparty users to bet with.

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innergy
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April 05, 2017, 04:55:36 PM
 #6391

DirectBet would love it.. Wink

https://bitcointalk.org/index.php?topic=393147.0
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April 05, 2017, 04:57:37 PM
 #6392

As an alternative to Cryptox.pl you could try to use the Bitcoin oracle in order to exchange Bitcoin and Byteballs with someone else. Of course it is not an exchange replacement but it is a new save way to trade.

can we get byteball on bittrex so I dont have to use a janky ass exchange?

I am just playing a little bit around with Byteball and I am wondering if there is an API I can use to access DAG data on localhost? Couldn't find any information on the web.
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April 05, 2017, 05:13:45 PM
 #6393

What is the pairing code of the CoinMarketCap oracle?

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April 05, 2017, 06:21:16 PM
 #6394

Odrak
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April 05, 2017, 06:30:05 PM
 #6395



Nice one Kola
tonych (OP)
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April 05, 2017, 07:04:45 PM
 #6396

Do I understand this correctly that to use this betting feature one must find:

1. some other user eager to be a counterparty to the betting contract
2. find out the other user's device address
3. pair the wallet with the other user's device
4. start a chat and set up a contract as described in the medium post

If that's correct we need some community forums to find possible counterparty users to bet with.

Correct.  (2) and (3) is achieved by exchanging a pairing code.

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tonych (OP)
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April 05, 2017, 07:09:46 PM
 #6397

I am just playing a little bit around with Byteball and I am wondering if there is an API I can use to access DAG data on localhost? Couldn't find any information on the web.

There is no documentation yet but you can read the DAG data by accessing the sqlite database directly.  You can learn something about its structure from https://github.com/byteball/byteballcore/blob/master/byteball-sqlite.sql

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tonych (OP)
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April 05, 2017, 07:11:26 PM
 #6398

What is the pairing code of the CoinMarketCap oracle?

It doesn't accept pairing requests.
What for?

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tonych (OP)
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April 05, 2017, 07:14:56 PM
 #6399

From the blog

Quote
Now you can short any coin without owning it, simply by betting that its price goes below certain level. Being a binary option, this contract also limits your loss (you can’t lose more than you paid) and includes an implicit take-profit (no risks after the price breaks the set level).

You can actually do better than this with price oracles. You can issue collateralized loans. You can peg a token to any real world asset or basket of assets by backing it with equivalent amount of collateral in bytes or other crypto.
 

I guess there is some trust involved that the collateral holder won't run away with the collateral?

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April 05, 2017, 07:21:32 PM
 #6400

http://bitsonline.com/study-costly-side-smart-contracts/

TL;DR version: Turing-completeness = BAD, Turing-incompleteness = GOOD.
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