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Author Topic: BYTEBALL: Totally new consensus algorithm + private untraceable payments  (Read 1109644 times)
tonych
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September 06, 2016, 08:47:09 AM
 #41

I like the idea!  this is far better than 90% legit coins in this forum. let alone those craps.

I will spread the words among my Chinese fellows.


http://btc12.com/byteball-newconcensusanduntracable/


enjoy.

Thank you for your support!
I'll add your QQ group when I add other social media (you know, I don't want QQ to stand there alone)

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bvalis
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September 06, 2016, 08:48:40 AM
 #42

got my first byteballs with android, thanks

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September 06, 2016, 08:54:46 AM
 #43

Quote
BYTEBALL: Totally new consensus algorithm + private untraceable payments

The title is a bit of a click-bait as the DAG concept is already used in IOTA. Still, this is an interesting coin, will follow development.

I would even say, it's probably a clone of iota with some adds...

edit: ok, maybe not. seems to be another language at least ;-)
tonych
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September 06, 2016, 08:55:01 AM
 #44

got my first byteballs with android, thanks

Congrats! (but we say bytes, not byteballs)

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kokokoin
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September 06, 2016, 08:56:17 AM
 #45

Distro is interesting, but exchanges are going to get all the coins.
I agree, i is the main problem of such distribution system.
tonych
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September 06, 2016, 08:56:28 AM
 #46

Your divice isn't compatible...
Noooooo~
Android 4.2.2

4.4+ is supported.

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bvalis
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September 06, 2016, 08:58:27 AM
 #47

got my first byteballs with android, thanks

Congrats! (but we say bytes, not byteballs)

dully noted!

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tonych
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September 06, 2016, 09:00:51 AM
 #48

Quote
BYTEBALL: Totally new consensus algorithm + private untraceable payments

The title is a bit of a click-bait as the DAG concept is already used in IOTA. Still, this is an interesting coin, will follow development.

There is a lot more than just the DAG concept.  I urge you to read the white paper https://byteball.org/Byteball.pdf and ask questions if anything's unclear.

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lordoliver
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September 06, 2016, 09:14:31 AM
 #49

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One last thing.  The remaining 1% will be given away to the first 100m users who install Byteball wallet, 100 Kbytes to each user.  This will start 6 months from now or later, after we get ready for that scale.

please change this. Someone will write a script to grab all...

Further I really would like the ideas, but I find it not nice, being forced to move my paper wallets...
I suggest, that you offer the possibility to use the private key for getting the funds relating to the bitcoin amounts anytime later.
You can still do a registration process, where everyone has to send the relevant public keys, but if you really want as many as possible you just use all (like clams did)
tonych
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September 06, 2016, 09:35:18 AM
 #50

Quote
One last thing.  The remaining 1% will be given away to the first 100m users who install Byteball wallet, 100 Kbytes to each user.  This will start 6 months from now or later, after we get ready for that scale.

please change this. Someone will write a script to grab all...

Don't worry, I see multiple ways to limit abuse.

Further I really would like the ideas, but I find it not nice, being forced to move my paper wallets...
I suggest, that you offer the possibility to use the private key for getting the funds relating to the bitcoin amounts anytime later.
You can still do a registration process, where everyone has to send the relevant public keys, but if you really want as many as possible you just use all (like clams did)

I've already addressed this upthread, having huge number of dormant accounts doesn't bring any value.  We need active users who bother to move their coins within limited timeframe.

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buriks
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September 06, 2016, 09:44:05 AM
 #51

already instal android wallet
byteball:WBIY44DHPXXQ6XBIGFCGXIOYITQCXN6R
hihih Grin

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szachta
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September 06, 2016, 10:02:43 AM
 #52

Received my test when will be real?
lordoliver
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September 06, 2016, 10:26:56 AM
 #53

I've already addressed this upthread, having huge number of dormant accounts doesn't bring any value.  We need active users who bother to move their coins within limited timeframe.

still I have for example multiple paperwallets on different locations for security reasons. Some just have everything in one wallet already and don't care about security. Does that mean, that he is more active, because he is not into safety?
So why we should suffer and merge the coins and do all the work of separation again? Sorry, not nice...
As I said, you can still make registration with public keys...
tangleNinja
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September 06, 2016, 10:52:07 AM
 #54

How is this not a clone of IOTA?
tonych
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September 06, 2016, 11:01:26 AM
 #55

Received my test when will be real?

In about two months.

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tonych
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September 06, 2016, 11:06:05 AM
 #56

How is this not a clone of IOTA?

Not at all - compare the white papers and the source code.

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September 06, 2016, 11:09:56 AM
 #57

Like the idea. Interesting project.

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tonych
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September 06, 2016, 11:20:05 AM
 #58

I've already addressed this upthread, having huge number of dormant accounts doesn't bring any value.  We need active users who bother to move their coins within limited timeframe.

still I have for example multiple paperwallets on different locations for security reasons. Some just have everything in one wallet already and don't care about security. Does that mean, that he is more active, because he is not into safety?
So why we should suffer and merge the coins and do all the work of separation again? Sorry, not nice...
As I said, you can still make registration with public keys...

If you keep your bitcoins in multiple wallets (like many security aware people do), you don't have to merge them, you can claim for each individual address.  Choose what is more convenient for you.

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September 06, 2016, 11:29:08 AM
 #59

how to get this coin dev ? whether by mining or inves ? because I see good enough to follow this project . if you provide a bounty for us ? if there is I would download a wallet for the bounty ! Grin Grin


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tonych
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September 06, 2016, 11:36:12 AM
 #60

how to get this coin dev ? whether by mining or inves ? because I see good enough to follow this project . if you provide a bounty for us ? if there is I would download a wallet for the bounty ! Grin Grin

We don't buy downloads.
There is no mining, we are currently running testnet, you get test bytes from the faucet bot.

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