Obyte: Totally new consensus algorithm + private untraceable payments

[escapefrom3dom]

How many rounds of distributions are left after the Febuary round?

until all bytes are distributed.

under the current rules – 1-2 years.

[francisthecrusher]

Well, I just bought 1BTC worth of Bytes for the long haul because although I don't believe the 'witness' thing is a good idea I see it as a far superior, more distributed and way more scalable version of Ripple. Hope I'm right.

[devlin]

Let's see what will be in the future, so far byteball is superior to other cryptocoins which raised many BTC from ICO.

[Krypt]

... I see it as a far superior, more distributed and way more scalable version of Ripple.

I agree with you. Byteball is not a true cryptocurrency, but it has great potential.

[Karartma1]

... I see it as a far superior, more distributed and way more scalable version of Ripple.

I agree with you. Byteball is not a true cryptocurrency, but it has great potential.

But since Ripple became corporate banks crap this is never going to happen even though, and I agree on that, this could simply replace the original idea behind ripple when it first started. Yes, this is way better than ripple but hopefully this will never get where Ripple is today. I would dump all of my bytes in the case. No space for corporate crap in my portfolio  But I don't think this is the case

[Jeff Jefferson]

Do you guys think it's possible to have a xmr / gbyte market at cryptox? Would really appreciate it! I think it would increase the volume. I'm sick of converting xmr to btc first and then buying byteballs

[kaicrypzen]

Do you guys think it's possible to have a xmr / gbyte market at cryptox? Would really appreciate it! I think it would increase the volume. I'm sick of converting xmr to btc first and then buying byteballs

This might be a good idea. As for the possibility, you should contact grzem, the admin of cryptox about that, it will probably go faster if you contact him directly on Slack.

[str4wm4n]

I embedded a valentine's day message for my gf in the dag last night 

https://explorer.byteball.org/#JwUteajaUhsM0iO9NdJRaO10WvLobxf29BYZj4wFNjw=

BYTEBALL RULES!

[rytyr]

Could you explain in detail why you do not think Byteball is not a crypto currency? All what I understood so far is that Byteball uses some centralized "mechanisms" to stabilize and/or secure the network. This will be stopped as soon as most coins are distributed and a critical amount of users use Byteball. Is this right so far? However the coin is still designed to be a crypto currency.

... I see it as a far superior, more distributed and way more scalable version of Ripple.

I agree with you. Byteball is not a true cryptocurrency, but it has great potential.

[kaltun]

I embedded a valentine's day message for my gf in the dag last night  

https://explorer.byteball.org/#JwUteajaUhsM0iO9NdJRaO10WvLobxf29BYZj4wFNjw=

BYTEBALL RULES!

lol nice, but is she in to crypto my gf is noob on the computer let alone with cryptocoins

but the idea counts , succes tonight ,
(i hear a song : ive got a feeling hoooohooooo......   https://www.youtube.com/watch?v=uSD4vsh1zDA )

[str4wm4n]

<3
Embedding custom Valentine's Day messages into the DAG!
Express your immutable love eternally!
ONLY 0.01 GB!
PM me for details!
<3

[yvv]

Could you explain in detail why you do not think Byteball is not a crypto currency? All what I understood so far is that Byteball uses some centralized "mechanisms" to stabilize and/or secure the network. This will be stopped as soon as most coins are distributed and a critical amount of users use Byteball. Is this right so far? However the coin is still designed to be a crypto currency.

It is designed to be much more than mere "crypto currency".

[Krypt]

Could you explain in detail why you do not think Byteball is not a crypto currency? ...

... Byteball is not a true cryptocurrency, but it has great potential.

From Byteball Whitepaper: "Reliance on witnesses is what makes Byteball rooted in the real world. At the same time, it makes it highly dependent on human decisions.". The true cryptocurrency doesn't rely on any trust.

[kola-schaar]

For the community, there is another Valentine gift 

The screenshot was made in the German browser, but you only have to look at the map..

screenshot date 2017-2-7


screenshot date 2017-2-14

Welcome Russia, Austria and Canada

Source "Google trend" keyword "Byteball" time: last 7 days

[favdesu]

I embedded a valentine's day message for my gf in the dag last night 

https://explorer.byteball.org/#JwUteajaUhsM0iO9NdJRaO10WvLobxf29BYZj4wFNjw=

BYTEBALL RULES!

heh, awesome. how did you do that?

[str4wm4n]

I embedded a valentine's day message for my gf in the dag last night  

https://explorer.byteball.org/#JwUteajaUhsM0iO9NdJRaO10WvLobxf29BYZj4wFNjw=

BYTEBALL RULES!

heh, awesome. how did you do that?

using this script!

https://github.com/byteball/headless-byteball/blob/master/play/create_data.js

[Sindren]

Hi all, i have maybe stupid question.. but is there a way how to setup own 'private' byteball network, completely independend?
thx.

[str4wm4n]

Hi all, i have maybe stupid question.. but is there a way how to setup own 'private' byteball network, completely independend?
thx.

do you mean issuing your own private asset like blackbytes or starting a whole new DAG?

[freezal]

Could you explain in detail why you do not think Byteball is not a crypto currency? All what I understood so far is that Byteball uses some centralized "mechanisms" to stabilize and/or secure the network. This will be stopped as soon as most coins are distributed and a critical amount of users use Byteball. Is this right so far? However the coin is still designed to be a crypto currency.

If by "centralized 'mechanism'" you mean the fact that tonych control all 12 witnesses I'd say I don't think the mechanism of changing witnesses is somehow deactivate 'till the distribution is over.
I think it's in full blow validity and someone who present a very compelling argument to be one of the twelve witnesses could assume the role.
Now, tonych may have any number of reasons to be in this role, but one would be: the network had to start securely somewhere, and the other being: no one's showed up yet with the needed reputation and credibility.

[favdesu]

I embedded a valentine's day message for my gf in the dag last night  

https://explorer.byteball.org/#JwUteajaUhsM0iO9NdJRaO10WvLobxf29BYZj4wFNjw=

BYTEBALL RULES!

heh, awesome. how did you do that?

using this script!

https://github.com/byteball/headless-byteball/blob/master/play/create_data.js

nice, thank you! that's cool