Obyte: Totally new consensus algorithm + private untraceable payments

[ptcgroup10009]

Now that someone has mentioned the word Nano, do you think that Byteball can/will ever be supported also on Ledger Nano or Trezor?

It would be great to have a Ledger Nano Support! But I think it will take some time to bring Byteball to a hardware wallet, because of its DAG chain.

well the byteball has the ability to have a multisig account with a computer plus a tablet or phone or all three to have a payment sent. so a hacker will need to hack two or three accounts at the same time to move your funds.

[harald71]

Hey, I'd like to sell 2,5 GBB. Actually I wanted to held them but I need ETH, so I'd sell them if anyone is interested. PM please

Using an exchange is probably your fastest and safest way.  Or a converter like shapeshift or changelly.

Good idea, if blackbytes would be on exchanges 

[snowdropfore]

with the price  now ,i think i should buy some BYTEBALL and hold,  this is a good project,so undervalued now,take the chance.

[ByteFan]

Hey, I'd like to sell 2,5 GBB. Actually I wanted to held them but I need ETH, so I'd sell them if anyone is interested. PM please

Using an exchange is probably your fastest and safest way.  Or a converter like shapeshift or changelly.

Good idea, if blackbytes would be on exchanges 

There is www.beeb-bot.com

[.cryptic.]

with the price  now ,i think i should buy some BYTEBALL and hold,  this is a good project,so undervalued now,take the chance.

I also see this as a great opportunity to buy and hold some byteballs when the prize is so low. With its low total supply of 1 Million coins and the development happening in the background, it has to moon at some point in time.

[byteball3r]

I agree with Seeder. A roadmap should be publicized and marketing should be improved. Roadmap wouldn't take a whole lot of effort as it is mostly abstractions described in broad terms.

I know a big point of byteball is having simple human-readable contracts (that are not "Turing complete") but it might be prudent in terms of appeal to the markets to have plans to add features to the contract language so that more things could be done similar to ethereum with a "smarter" language. You possibly could still differentiate Byteball by aiming to reduce the possibility of screw-ups as in DAO hack etc while still allowing more smart contract functionality than currently exists on Byteball network. This way you could also hop on iota marketing strategy.

Markets would also probably like it if you brought on more devs in an official capacity. Perhaps compensating with percentage of remaining Byteball similar to/out of original dev reservation.

Just a suggestion. Thanks devs.

[LoyceV]

This coin reminds me of Monero in 2015. Trading volume was almost dead, people were leaving Monero and everyone was yelling Monero is dead.

Well apparently it was the time to accumulate.  

1 Monero in 2015: $0.50
1 MBYTE now: $0.25
1 Monero now: $94.38

If growth like that is going to happen, then indeed GBYTE should be replaced by MBYTE on exchanges. $47000 per GBYTE means you pay your restaurant bill for 0.001 GBYTE, that makes 1 MBYTE as default more convenient.
Then again, Tony's screenshot with the pizza-order always shows 100,000 bytes for a pizza, with mass-adoption we could switch to just prices in bytes.

I'm not saying Byteball is dead now though, it's just not hyped.

I know a big point of byteball is having simple human-readable contracts (that are not "Turing complete") but it might be prudent in terms of appeal to the markets to have plans to add features to the contract language so that more things could be done similar to ethereum with a "smarter" language.

Byteball uses oracles to get anything more complicated into a contract. An oracle can be basically anything you can think of, as long as both parties trust the oracle.

[freigeist]

Byteball uses oracles to get anything more complicated into a contract. An oracle can be basically anything you can think of, as long as both parties trust the oracle.

How can be prevented that the oracle supplies false info to the DAG.
If you have a "smart contract" that relies on oracle which supplies external info to the DAG and if that info is "not correct"
don't you think it could cause a lot of damage.

In my opinion this is a common problem to all technologies (DAGs or blockchains) that supposed to use oracles
not only byteball.

[rigel]

Byteball uses oracles to get anything more complicated into a contract. An oracle can be basically anything you can think of, as long as both parties trust the oracle.

How can be prevented that the oracle supplies false info to the DAG.
If you have a "smart contract" that relies on oracle which supplies external info to the DAG and if that info is "not correct"
don't you think it could cause a lot of damage.

In my opinion this is a common problem to all technologies (DAGs or blockchains) that supposed to use oracles
not only byteball.

How can a smart contract know what's happening in the world outside the blockchain?

This is a problem common to all smart contracts platform.

[Karartma1]

This coin reminds me of Monero in 2015. Trading volume was almost dead, people were leaving Monero and everyone was yelling Monero is dead.

Well apparently it was the time to accumulate.  

1 Monero in 2015: $0.50
1 MBYTE now: $0.25
1 Monero now: $94.38

If growth like that is going to happen, then indeed GBYTE should be replaced by MBYTE on exchanges. $47000 per GBYTE means you pay your restaurant bill for 0.001 GBYTE, that makes 1 MBYTE as default more convenient.
Then again, Tony's screenshot with the pizza-order always shows 100,000 bytes for a pizza, with mass-adoption we could switch to just prices in bytes.

I'm not saying Byteball is dead now though, it's just not hyped.

I don't think this comparison holds steady for the following reasons:
1. Byteball is not like Monero (yes Blackbytes let us do private payments but Monero is publicly traded on exchanges);
2. Monero has a huge community compared to Byteball and more devs work on it;
3. Byteball has a fixed supply based on airdrops, while Monero is still mineable

I am here since the beginning, I believe Byteball needs a bit more time and recognition (and maybe some other exchanges that will list it). But eventually the good will out, I'm sure.
It looks to me one of the most advanced coins out there.

my 2 bytes

[LoyceV]

How can be prevented that the oracle supplies false info to the DAG.

You can prevent this by choosing an oracle you trust. There are already many organisations you (have to) trust. If they abuse your trust, you'll never trust them again. Take for example Bittrex: I already trust them. If they would create an Oracle that provides some sort of information, they'd hurt their main business if their oracle can't be trusted.

If you have a "smart contract" that relies on oracle which supplies external info to the DAG and if that info is "not correct" don't you think it could cause a lot of damage.

The "smart contract" hype creates theoretical uses for all sorts of smart contracts, without the real world link. You can't rent a car with a smart contract, without the rental company knowing about it. An oracle links the virtual currency to the real world.

In my opinion this is a common problem to all technologies (DAGs or blockchains) that supposed to use oracles
not only byteball.

Correct. But you'll have to trust something somewhere to connect bytes to the real world.

[andreibi]

This coin reminds me of Monero in 2015. Trading volume was almost dead, people were leaving Monero and everyone was yelling Monero is dead.

Well apparently it was the time to accumulate.  

1 Monero in 2015: $0.50
1 MBYTE now: $0.25
1 Monero now: $94.38

If growth like that is going to happen, then indeed GBYTE should be replaced by MBYTE on exchanges. $47000 per GBYTE means you pay your restaurant bill for 0.001 GBYTE, that makes 1 MBYTE as default more convenient.
Then again, Tony's screenshot with the pizza-order always shows 100,000 bytes for a pizza, with mass-adoption we could switch to just prices in bytes.

I'm not saying Byteball is dead now though, it's just not hyped.

I don't think this comparison holds steady for the following reasons:
1. Byteball is not like Monero (yes Blackbytes let us do private payments but Monero is publicly traded on exchanges);
2. Monero has a huge community compared to Byteball and more devs work on it;
3. Byteball has a fixed supply based on airdrops, while Monero is still mineable

I am here since the beginning, I believe Byteball needs a bit more time and recognition (and maybe some other exchanges that will list it). But eventually the good will out, I'm sure.
It looks to me one of the most advanced coins out there.

my 2 bytes

Exactly the reasons on why you should be accumulating more during this period. One of these days, you'll look back at the time when few people know about byteball. You exit a coin holding when it's popular and everybody wants a piece of it. People selling now are just in for the quick profit.

[Technos]

I'm not surprised at all with the low volume. Byteball not even started yet. This whole witnesses concept is completely new and untested... but also an unique opportunity to invest, as someone already said.

[TylerJordan]

Anton,   what's Blackbytes? Anonymity is always desired in cryptocurrencies

[Seeder]

Hey, I'd like to sell 2,5 GBB. Actually I wanted to held them but I need ETH, so I'd sell them if anyone is interested. PM please

Using an exchange is probably your fastest and safest way.  Or a converter like shapeshift or changelly.

Good idea, if blackbytes would be on exchanges 

There is www.beeb-bot.com

How about a bot capable of exchanging Bytes and Blackbytes for Fiat? How this works can be seen in BISQ (https://bisq.network).

[Hatat]

with the price  now ,i think i should buy some BYTEBALL and hold,  this is a good project,so undervalued now,take the chance.

The price has not stablized. So it might be better to wait for a few more weeks.

[bitjoin]

Hey, I'd like to sell 2,5 GBB. Actually I wanted to held them but I need ETH, so I'd sell them if anyone is interested. PM please

Using an exchange is probably your fastest and safest way.  Or a converter like shapeshift or changelly.

Good idea, if blackbytes would be on exchanges 

There is www.beeb-bot.com

How about a bot capable of exchanging Bytes and Blackbytes for Fiat? How this works can be seen in BISQ (https://bisq.network).

Defo more options for blackbytes needed. Monero has done very well due to its anonymity features. Blackbytes could do well also given more options for people to trade. From what i see we dont yet have byteballs anywhere but bittrex and couple other small exchanges.

[matt4054]

I'm not surprised at all with the low volume. Byteball not even started yet. This whole witnesses concept is completely new and untested... but also an unique opportunity to invest, as someone already said.

Byteball needs some marketing, especially for the merchant campaign. But it might be a good thing to finish with the distribution first, at least >75% finished. As for the 'untested' witness concept, the concept has been tested times and again in many applications but I get your point as it is an new feature for a cryptocurrency.

[garytheasshole]

I'm not surprised at all with the low volume. Byteball not even started yet. This whole witnesses concept is completely new and untested... but also an unique opportunity to invest, as someone already said.

Byteball needs some marketing, especially for the merchant campaign. But it might be a good thing to finish with the distribution first, at least >75% finished. As for the 'untested' witness concept, the concept has been tested times and again in many applications but I get your point as it is an new feature for a cryptocurrency.

I like tonych's attitude, keep quiet and dev on. If you build it they will come, only bullshit needs heavy marketing.

[pxrunes]

Hey guys,

i am announcing my new project:

Luckybytes

It's an in app lottery in which you can play using your Byteball Bytes. There are three different game modes to participate in. Win large amounts of Bytes depending on the number of players on the principle of «the winner takes it all». All games are provably fair. Each lottey comes with a game and proof hash whichs let a player validate and prove the results against manipulation.

The catch is: you can play it in the byteball app or after login through the app: online on any device!

Please try it out and give me your feedback

https://lucky.byte-ball.com/