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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1236334 times)
devrobot
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June 13, 2017, 04:44:05 PM
 #9701

Will there be a change in units as byteball grows? Displaying the price of 1gb might look odd when it's worth more than 2000d$ for example.

There is an option in the wallet to display GB, MB, or Kb, same for black bytes
Michail1
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June 13, 2017, 04:44:23 PM
 #9702

Will there be a change in units as byteball grows? Displaying the price of 1gb might look odd when it's worth more than 2000d$ for example.

This can already be done in the wallet.

Go to settings -> Unit for bytes

You have the option of bytes, kB, MB, GB

Right under that is the ability to do that for Blackbytes as well.


erik m.
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June 13, 2017, 04:55:28 PM
 #9703

Will there be a change in units as byteball grows? Displaying the price of 1gb might look odd when it's worth more than 2000d$ for example.

There is an option in the wallet to display GB, MB, or Kb, same for black bytes
This depends on the exchanges and coinmarketcap itself. But I think it helps keep inexperienced investors away.

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BTCspace
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June 13, 2017, 05:29:33 PM
 #9704






what happened?


byteball should be top10 soon!




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BTCspace
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June 13, 2017, 05:35:21 PM
 #9705

let's buy byteball until top10

personally i think byteball is as good as iota?

anyone give more inputs on byteball compare with iota?


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Michail1
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June 13, 2017, 05:35:42 PM
 #9706

what happened?

byteball should be top10 soon!


The standard monthly Full Moon people dumping their free coins for money.  The same people that come back weeks later and wish they kept everything as the price exceeds the prior months distribution.

BTCspace
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June 13, 2017, 05:46:28 PM
 #9707

Byteball  Vs IOTA ?


7   IOTA IOTA   $1,484,019,013   $0.533910   2,779,530,283 IOT *   $14,426,500   ?

32   Byteball Byteball   $188,208,378   $736.65   255,492 GBYTE *   $828,588   25.60%



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BTCspace
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June 13, 2017, 05:53:14 PM
 #9708

Also how about we change Gbyte to Byte..

Gbyte are too expensive?


let's change to Byte ?

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provenceday
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June 13, 2017, 06:05:58 PM
 #9709

Also how about we change Gbyte to Byte..

Gbyte are too expensive?


let's change to Byte ?


Gbyte to Mbyte should be ok.

1Gbyte will be too big in the future.
goldenchip
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June 13, 2017, 06:13:18 PM
 #9710

They have full supply, that's why the marketcap is so high. Right now, a much higher market capitalization for Byteball probably would not be a good idea, because the price would crash and probably not recover after each distribution phase.

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provenceday
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June 13, 2017, 06:16:38 PM
 #9711

Byteball will grow as big as IOTA for sure.
SatoNatomato
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June 13, 2017, 06:37:22 PM
 #9712

let's buy byteball until top10

personally i think byteball is as good as iota?

anyone give more inputs on byteball compare with iota?


Just read the thread, pathetic attempts at FUD by iota dev, baseless accusations, fundamental mistakes.

Iota will never work for IoT, within IoT PoW cannot be done. Its price is inflated by marketing, just like Bancor and other ICOs.

Thats all there is about iota, very good marketing, people want IoT, its in the name, its buzzword. But I am in IoT company, iota will never be used on actual things, on actual microcontrollers.
jokumat
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June 13, 2017, 06:54:19 PM
 #9713

Byteball will grow as big as IOTA for sure.

Byteball and Iota are much different. People naively think they are comparable because they both use DAG.

Iota is ready for IOT use, byteball is not.
Byteball relies on trust based witnesses. This can be good for government compliance but it is definitely not good for a crypto. As far as I know, everything revolves around a few trusted nodes, right?

Maybe on top of something more decentralized, byteball tech can be useful.

 
naska21
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June 13, 2017, 07:14:25 PM
 #9714






what happened?


byteball should be top10 soon!





Take it easy. Market cap for any coin is virtual someway as the whole  supply  of that coin can not be paid for the current price. Price is in inverse proportion to the single buy volume. In other words no entity will pay the current price for the whole supply.
SatoNatomato
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June 13, 2017, 07:20:22 PM
 #9715

Byteball will grow as big as IOTA for sure.

Iota is ready for IOT use, byteball is not.
Byteball relies on trust based witnesses. This can be good for government compliance but it is definitely not good for a crypto. As far as I know, everything revolves around a few trusted nodes, right?

 
Iota is not ready for IoT and wont ever be, an IoT cant do the Prof of Work required to send transactions, iota devs talked about letting another trusted node do the transacting, duh, any coin can do that. They had this dumb idea of making a Jinn coprocessor, like hey just add another microcontroller on your microcontroller to have "zero fee" transactions.

Byteball can and has been ported as a light client to an IoT chip, something iota devs hadnt even heard of they think a raspberry pi or smartphone is an iot device.

What Byteball can learn from iota is marketing, getting nice words from Big Names, signing partnerships and paying for it by premine/presale of the tokens, just like any other ICO.

The witnesses dont have to be trusted individually, only to not conspire together, if they do the worst they can do is stall the network.
naska21
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June 13, 2017, 07:26:46 PM
 #9716


Byteball can and has been ported as a light client to an IoT chip,

Great! Does it mean that Byteball team is already  in negotiation with IoT producers?
olarsson
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June 13, 2017, 07:29:13 PM
 #9717

I have have installed Byteball small expenses wallet on my android device.

Do you know of any user instructions?


olarsson
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June 13, 2017, 07:37:16 PM
 #9718

Are there transactionsfees in Byteball?

How many nodes are there?

What is the incentive for running a node?

Is there inflation? I assume there is not.

In my wallet I can see something that is called blackbytes. What is the difference between blackbytes and normal bytes?
Michail1
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June 13, 2017, 07:53:57 PM
 #9719

Also how about we change Gbyte to Byte..

Gbyte are too expensive?


let's change to Byte ?


You don't have to buy a whole GByte, just like you don't have to buy a whole Bitcoin.

olarsson
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June 13, 2017, 07:57:42 PM
 #9720

Gbyte are too expensive?

Gbyte are expensive because there only is 255,492 of them.
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