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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1233953 times)
ranlo
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August 09, 2017, 05:15:04 AM
 #12381

Hey guys, curious about something regarding Byteball. Are there any casinos that currently use it (poker, dice, etc.)? And would it be technically feasible to implement Blackbytes into one? The way it works is a little confusing and off the top of my head it seems like there'd be a bigger risk of data loss there due to how they're handled?

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Freefactomizer
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August 09, 2017, 05:31:03 AM
 #12382

I've created an asset based on Byteball, very cool and very easy, except that the name of the asset MUST me a hash, which makes it quite useless for most of the uses. Is there any plan to improve this feature and to add the functionality of chosing a name for a created asset?

Yes there is a plan for broadcasting asset names, this will be likely controled by the hubs.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
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August 09, 2017, 06:00:24 AM
 #12383

Sooooo

are blackbytes being traded anywhere?

Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws

https://www.binance.com/?ref=10062065
majestymage
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August 09, 2017, 06:25:44 AM
 #12384

yup..i finally received my gbb.. no ideea what to do with them....but i got them Grin

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BeggarInCryptos
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August 09, 2017, 06:29:13 AM
 #12385

Sooooo

are blackbytes being traded anywhere?

Yes, for example in Slack, and then making the transaction though smart contract in bots.

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bobq
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August 09, 2017, 06:43:27 AM
 #12386

I've created an asset based on Byteball, very cool and very easy, except that the name of the asset MUST me a hash, which makes it quite useless for most of the uses. Is there any plan to improve this feature and to add the functionality of chosing a name for a created asset?

Yes there is a plan for broadcasting asset names, this will be likely controled by the hubs.

Wow, this is definetly good news. So if I understand it well, assets which have already been created and which appear in wallets only with the hashname, once names will be broadcasted they would start to show up in wallets with their already existing (but yet invisible) names?

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August 09, 2017, 07:39:28 AM
 #12387

Pretty impressed with how soon the price has started climbing back up, I thought the post airdrop dump would last for a couple of weeks at the very least - especially since it is the last one for the Bitcoin whales.

Well, it is already considerably lower than the previous month. Less room to fall.
And now the pump and dump fluctuations should be even smaller each month.

I expect another 6 airdrops now with the new rules. Should all be smoother now

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August 09, 2017, 07:42:45 AM
Last edit: August 09, 2017, 08:16:41 AM by JamesOng
 #12388

not sure here why everyone is so surprised about price drops. unless user interest and adoption increases equal to coin increase rate its logical it will drop. byteball is 50% distributed. at 100% distribution at current user base i expect it to halve its current price at least maybe more due to the no more free coin factor. under current trends id expect at 100% distribution its value per 1gb to be 0.05btc. it will be higher if user ownership increases 100% of what it is today.

this is just logical. why are people so surprised that when coins increase that price decreases if user amount is the same?

it is already an illogic when you presume user amount is the same ,where do you think that 1.4 million linked bitcoin came from?

thats linking good sir and in no way indicitive of users. it simply represents "free" coin wanters. the market shows a reflection of buys to sells. more buys less sells means either a few want a lot more or a lot want a few more. price lowering indicates less userbase or decreasing userbase.

byteball has lost value from 0.3 to 0.12. this is likely going to happen because the coins are increasing but unique users arent or are and arent accumulating more.

i like byteball its great but im going to be logical. it will increase in time but it will lower in price with each airdrop its common sense unless use base and coins added to each increases proportionally with new coin amount.

your more linked coins means more users invested is false. its not a true indication. many claim then sell. they arent a user but according to your more linked stat they are.

buyers are users and sellers are users as well,your illogic here is you think that sellers are not the users, so you simply blaimed the price drop is due to no new users increase  is not a fact.
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August 09, 2017, 07:48:48 AM
 #12389

...
send me 1 BYTEBALL, AND I WILL SEND YOU BACK A CONTRACT
....
Or
That's really cool. So easy to make a deal with no escrows and stuff

yea that really cool thing about byteball, you could easily send me a contract to test if you want.

You don't need to learn to code and have 20 step like ETH , just SEND > trade with me for ammount > send to person
jeezy
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August 09, 2017, 07:55:30 AM
 #12390

If you had your GBYTE on Bittrex during the Airdrop, you got the GBYTE accordingly from the Drop but there is no chance to get the Blackbytes right?
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August 09, 2017, 08:00:50 AM
 #12391

I've created an asset based on Byteball, very cool and very easy, except that the name of the asset MUST me a hash, which makes it quite useless for most of the uses. Is there any plan to improve this feature and to add the functionality of chosing a name for a created asset?
Yes there is a plan for broadcasting asset names, this will be likely controled by the hubs.
If this happens, will unique names be enforced? Waves has the problem that fake-Bitcoins are called Bitcoin and trades in fake Bitcoins even show up in the real Bitcoin trade history. Waves Tokens are highly used/abused to scam.

If you had your GBYTE on Bittrex during the Airdrop, you got the GBYTE accordingly from the Drop but there is no chance to get the Blackbytes right?
Not exactly. Your GBYTE on Bittrex didn't get any airdrop, but if Bittrex had any GBYTE left in your Bittrex deposit address (in other words: Bittrex didn't use your deposit yet for someone else's withdrawal), it received the airdrop.
The related Blackbytes are unclaimed and send to the Byteball community fund.

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August 09, 2017, 09:01:08 AM
 #12392

not sure here why everyone is so surprised about price drops. unless user interest and adoption increases equal to coin increase rate its logical it will drop. byteball is 50% distributed. at 100% distribution at current user base i expect it to halve its current price at least maybe more due to the no more free coin factor. under current trends id expect at 100% distribution its value per 1gb to be 0.05btc. it will be higher if user ownership increases 100% of what it is today.

this is just logical. why are people so surprised that when coins increase that price decreases if user amount is the same?

it is already an illogic when you presume user amount is the same ,where do you think that 1.4 million linked bitcoin came from?

thats linking good sir and in no way indicitive of users. it simply represents "free" coin wanters. the market shows a reflection of buys to sells. more buys less sells means either a few want a lot more or a lot want a few more. price lowering indicates less userbase or decreasing userbase.

byteball has lost value from 0.3 to 0.12. this is likely going to happen because the coins are increasing but unique users arent or are and arent accumulating more.

i like byteball its great but im going to be logical. it will increase in time but it will lower in price with each airdrop its common sense unless use base and coins added to each increases proportionally with new coin amount.

your more linked coins means more users invested is false. its not a true indication. many claim then sell. they arent a user but according to your more linked stat they are.

buyers are users and sellers are users as well,your illogic here is you think that sellers are not the users, so you simply blaimed the price drop is due to no new users increase  is not a fact.

no i didnt blame the price drop i said its natural without proportional more people with amount of coins coming out each drop. if that doesnt happen it will drop with each airdrop until all coins distributed then the base value is achieved.

its not bad against byteball its just more bytes are coming out than the growth iskeeping up with understand? simples. thatsthe logical truth.
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August 09, 2017, 09:09:44 AM
 #12393

Very interesting project. I'm not thinking of dumping airdropped bytes myself. In the last round I received a significant chunk less bytes than the transistion bot had expected, just curious why that was?

edit
Actually I think I figured it out. I didn't know I had to move my existing bytes so I've missed the 0.2  per gbyte for those Sad shame
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August 09, 2017, 09:21:16 AM
 #12394

not sure here why everyone is so surprised about price drops. unless user interest and adoption increases equal to coin increase rate its logical it will drop. byteball is 50% distributed. at 100% distribution at current user base i expect it to halve its current price at least maybe more due to the no more free coin factor. under current trends id expect at 100% distribution its value per 1gb to be 0.05btc. it will be higher if user ownership increases 100% of what it is today.

this is just logical. why are people so surprised that when coins increase that price decreases if user amount is the same?

it is already an illogic when you presume user amount is the same ,where do you think that 1.4 million linked bitcoin came from?

thats linking good sir and in no way indicitive of users. it simply represents "free" coin wanters. the market shows a reflection of buys to sells. more buys less sells means either a few want a lot more or a lot want a few more. price lowering indicates less userbase or decreasing userbase.

byteball has lost value from 0.3 to 0.12. this is likely going to happen because the coins are increasing but unique users arent or are and arent accumulating more.

i like byteball its great but im going to be logical. it will increase in time but it will lower in price with each airdrop its common sense unless use base and coins added to each increases proportionally with new coin amount.

your more linked coins means more users invested is false. its not a true indication. many claim then sell. they arent a user but according to your more linked stat they are.

Good analysis man, as much as like the free airdrops distribution like the other person, user base is the deal to up price and that only comes with awareness and confidence in the coin, which I believe is what the airdrops are for, the more the link addresses the more the opportunity for more users and yeah people will definitely take profit its the whole essence of trading but you don't get new entries except price dips. In all everything isvfine as far as byteball is concern IMO, its just obeying the law of S-D

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August 09, 2017, 09:44:17 AM
 #12395

Be careful with bittrex if you are an unverified user. They just dropped their withdrawal limit from 1BTC to 0.025 BTC without warning.

It's time to switch to https://cryptox.pl
No limit, very low fees and nice GUI.
When trading bots are active, prices are similar to Bittrex.

I'll give it a try next time I have something to trade. It doesn't help for the ~4 BTC I have stuck on there right now though, 4 withdrawals has tuned into 160 withdrawals without sending them some identifying information. It just seems rude not to give clear advanced warning, I may have even verified if they had given a reasonable argument as to how they will be responsible with the information (last time I verified on an exchange my identifying information was leaked publicly and I am just having none of that now).


Seriously don't understand the obsession of US based exchange with verification for full access, not like they are linked to the banks for withdrawal that would be understandable, operating an industry where decentralization and anonymity drives participation and insisting on have private information for access is just annoying. Angry

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August 09, 2017, 10:23:12 AM
 #12396

not sure here why everyone is so surprised about price drops. unless user interest and adoption increases equal to coin increase rate its logical it will drop. byteball is 50% distributed. at 100% distribution at current user base i expect it to halve its current price at least maybe more due to the no more free coin factor. under current trends id expect at 100% distribution its value per 1gb to be 0.05btc. it will be higher if user ownership increases 100% of what it is today.

this is just logical. why are people so surprised that when coins increase that price decreases if user amount is the same?

it is already an illogic when you presume user amount is the same ,where do you think that 1.4 million linked bitcoin came from?

thats linking good sir and in no way indicitive of users. it simply represents "free" coin wanters. the market shows a reflection of buys to sells. more buys less sells means either a few want a lot more or a lot want a few more. price lowering indicates less userbase or decreasing userbase.

byteball has lost value from 0.3 to 0.12. this is likely going to happen because the coins are increasing but unique users arent or are and arent accumulating more.

i like byteball its great but im going to be logical. it will increase in time but it will lower in price with each airdrop its common sense unless use base and coins added to each increases proportionally with new coin amount.

your more linked coins means more users invested is false. its not a true indication. many claim then sell. they arent a user but according to your more linked stat they are.

Good analysis man, as much as like the free airdrops distribution like the other person, user base is the deal to up price and that only comes with awareness and confidence in the coin, which I believe is what the airdrops are for, the more the link addresses the more the opportunity for more users and yeah people will definitely take profit its the whole essence of trading but you don't get new entries except price dips. In all everything isvfine as far as byteball is concern IMO, its just obeying the law of S-D

yep its handy to know for accumulation. the coins price will drop more released unless a lot more new people come on board that match the new coins. tonych knows this why do you think hes lowering btc claims and adding merchants? btc linking served its purpose for a few rounds... its now only adding coins for those with them or groups like iconomi that sell. tonych wants byteballs in more hands not lesser people with bigger hands.

byteball will be finding its place until all coins distributed. itll jump near airdrop and drop after. when these all stop around 2 months of settling and you'll know the value the users put it at
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August 09, 2017, 10:28:06 AM
 #12397

The next airdrop will reward sellers that accept Blackbytes as payments, but there are no markets of Blackbytes. What is the point?


How should the stores price the products in blackbytes?

Sure there  is a need for wide advertising&marketing campaigns to  appeal to a wide base of people within targeted  seller and cash processing markets. Hope, tonych is realise that and know what to do.
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August 09, 2017, 10:39:04 AM
 #12398

Maybe someone already posted it... Let's ask exchanges to add Bytebal

Please help getting Byteball listed on ShapeShift and Poloniex ###################################################
For ShapeShift, fill out the form at http://v.ht/shapeshift-byteball-request
1. Name of asset: Byteball (symbol: GBYTE)
2: Dev contact or additional info:
Website: www.byteball.org
Telegram: @Byteball or https://t.me/byteball
Slack: https://byteball.slack.com

###################################################

For Poloniex, fill out the form at https://poloniex.com/coinRequest
Name: Byteball
Symbol: GBYTE
Announcement link: https://bitcointalk.org/index.php?topic=1608859.0
Website: https://byteball.org/
Block explorer: https://explorer.byteball.org/

And whatever personal motivation or explanation you want to add yourself. For example that Byteball is a very promising cryptocurrency, has a user friendly wallet and client for all desktop and mobile platforms, it's accessible, works very well, offers very fast, cheap, efficient and secure transactions, it supports smart contracts / conditional payments and a lot more interesting properties.
###################################################

                 FREE DISTRIBUTION TO BTC HOLDERS         NEW CONSENSUS ALGORITHM
● Byteball ●    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
               REGULATORY COMPLIANT ASSETS               UNTRACEABLE PAYMENTS
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August 09, 2017, 11:05:59 AM
 #12399

I think it is working now. I got free byteballs sold them after my first airdrop at 0.23 and now I rebought at 0.11. now I am holding more byteballs as btc is only giving almost 0 byteballs in the next drop.

I used  byteballs to pay money to some friends (which I owed them for travel or drinks  etc.) works fine and they are happy with 10% + per month.

seriously this is better than mining...

Bitrated user: kentokyo.
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August 09, 2017, 11:31:10 AM
 #12400

I think it is working now. I got free byteballs sold them after my first airdrop at 0.23 and now I rebought at 0.11. now I am holding more byteballs as btc is only giving almost 0 byteballs in the next drop.

I used  byteballs to pay money to some friends (which I owed them for travel or drinks  etc.) works fine and they are happy with 10% + per month.

seriously this is better than mining...

Keep up the good work Soldier!
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