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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1208555 times)
altseeker
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October 13, 2016, 05:34:46 AM
 #661

This is a request for feedback.

I was thinking of an elevator pitch that best describes Byteball and came up with two versions of the pitch:

#1 Imagine a global database that records who owns what, as well as all transfers of ownership.  The database is not controlled by any single entity, it is a common good.  Everyone can have a copy of the database and all the copies necessarily agree.  This is Byteball.

#2 Byteball is an environment that allows anyone to store value and transfer it to other users.  The environment is not controlled by any single entity, it is a common good that is open to everyone like the Internet; and the value can be anything from completely untraceable currency to bank deposits with regulatory constraints.

Which version better resonates with you?  Feel free to suggest a 3rd.

Version number 2

2d version i agree

The words "completely untraceable currency" made me vote for the #2 version.
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Abraxas147
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October 13, 2016, 06:41:39 AM
 #662

This is a request for feedback.

I was thinking of an elevator pitch that best describes Byteball and came up with two versions of the pitch:

#1 Imagine a global database that records who owns what, as well as all transfers of ownership.  The database is not controlled by any single entity, it is a common good.  Everyone can have a copy of the database and all the copies necessarily agree.  This is Byteball.

#2 Byteball is an environment that allows anyone to store value and transfer it to other users.  The environment is not controlled by any single entity, it is a common good that is open to everyone like the Internet; and the value can be anything from completely untraceable currency to bank deposits with regulatory constraints.

Which version better resonates with you?  Feel free to suggest a 3rd.


I would prefer version 2. It's less "technical" (no mention of terms like "database") and it's very clear in describing the core features of byteball. 
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October 13, 2016, 08:29:58 AM
 #663

This is a request for feedback.

I was thinking of an elevator pitch that best describes Byteball and came up with two versions of the pitch:

#1 Imagine a global database that records who owns what, as well as all transfers of ownership.  The database is not controlled by any single entity, it is a common good.  Everyone can have a copy of the database and all the copies necessarily agree.  This is Byteball.

#2 Byteball is an environment that allows anyone to store value and transfer it to other users.  The environment is not controlled by any single entity, it is a common good that is open to everyone like the Internet; and the value can be anything from completely untraceable currency to bank deposits with regulatory constraints.

Which version better resonates with you?  Feel free to suggest a 3rd.

Thanks for your feedback, seems like you are all unanimous that version 2 is better.  If you see ways to improve it, please throw in your ideas.  It should still be short and avoid jargon.  Maybe similarities with existing widely known things would help?

Simplicity is beauty
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October 13, 2016, 09:19:37 AM
 #664

I vote also for the 2 version.
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October 13, 2016, 09:50:45 AM
 #665

Interesting project, I have a few Iota that is devised for IoT and I knew it was matter of time before seeing an expanded adaptation of DAG suitable for human users.

I downloaded the Linux test client but it doesn't include a readme file and I can't understand how to start it or if other dependencies are needed. Any help?



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October 13, 2016, 09:55:39 AM
 #666

Interesting project, I have a few Iota that is devised for IoT and I knew it was matter of time before seeing an expanded adaptation of DAG suitable for human users.

I downloaded the Linux test client but it doesn't include a readme file and I can't understand how to start it or if other dependencies are needed. Any help?

Unpack the zip and run "Byteball test" (start it from terminal)

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October 13, 2016, 10:10:28 AM
 #667

Message for dev:
my wallet in "menu->pair devce" was empity
i can't access to faucet for test the wallet in testnet.
Please help me

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October 13, 2016, 10:30:31 AM
 #668

Message for dev:
my wallet in "menu->pair devce" was empity
i can't access to faucet for test the wallet in testnet.
Please help me

Click the faucet link at https://byteball.org, it should open your wallet and create the pairing automatically.

Simplicity is beauty
corvins
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October 13, 2016, 10:35:13 AM
 #669

Message for dev:
my wallet in "menu->pair devce" was empity
i can't access to faucet for test the wallet in testnet.
Please help me

Click the faucet link at https://byteball.org, it should open your wallet and create the pairing automatically.
Thanks, i try after!!!

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October 13, 2016, 12:08:24 PM
 #670

will it be possible to claim from multisig address?

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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October 13, 2016, 12:32:15 PM
 #671

will it be possible to claim from multisig address?

Of course, nothing special about multisig addresses.

Simplicity is beauty
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October 13, 2016, 01:02:49 PM
 #672

will it be possible to claim from multisig address?

Of course, nothing special about multisig addresses.

I think we've got our first whale Smiley. Well not sure they're the first, at least the first who seems to express interest in the project publicly and who is very likely to hold many BTCs when the snapshot takes place. (not that I mind, the more the merrier Smiley.)

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October 13, 2016, 01:51:27 PM
 #673

there is a Ico??? how does it really works???
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October 13, 2016, 02:41:11 PM
 #674

there is a Ico??? how does it really works???

you can find all the infos on previous pages/ the first one.

The new Cryptocurrency book "The Magical World of Cryptocurrencies" is out now and available for free to everyone!
Make sure to contribute and give something back to the community.
Visit https://coined1.com or the bitcointalk.org thread https://bitcointalk.org/index.php?topic=5088332.0;topicseen
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October 13, 2016, 02:42:30 PM
 #675

Spanish translation: https://bitcointalk.org/index.php?topic=1645336.0.  Thank you freemind1!

Simplicity is beauty
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October 13, 2016, 04:33:36 PM
 #676

will it be possible to claim from multisig address?

Of course, nothing special about multisig addresses.

I think we've got our first whale Smiley. Well not sure they're the first, at least the first who seems to express interest in the project publicly and who is very likely to hold many BTCs when the snapshot takes place. (not that I mind, the more the merrier Smiley.)

Yes that komodo crowdfund address is going to net them quite the little stash of byteballs. Well played!

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October 13, 2016, 04:38:16 PM
 #677

Unpack the zip and run "Byteball test" (start it from terminal)

Thanks, it works and it took about 6h to sync. The wallet is good looking. Exploring the settings I saved the seed and created a spending password as I would do on the real network. I'm confused by the backup part, the instructions say that the seed isn't enough to recreate the account but you need other settings too but it doesn't say which ones or how to save them (I don't remember the exact phrase because it was deleted along the seed after I saved it). 

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October 13, 2016, 04:40:58 PM
 #678



Live interview with #Byteball dev Oct 14 @ 1PM EST on @CoinInterview Don't miss it
https://www.youtube.com/watch?v=zjT7wQNg_s4
 #consensus #untraceable

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October 13, 2016, 05:09:45 PM
 #679

project looks gorgeus! never had any problem to sync the wallet.

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October 13, 2016, 06:48:43 PM
 #680

project looks gorgeus! never had any problem to sync the wallet.

Im syncing now, 24 hrs chain.... it works at 130 b/s
maybe linux version is more efficent?
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