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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1233916 times)
Tsar Bomba
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November 07, 2017, 03:22:06 PM
 #14841

Hi! I'm a bit unfamiliar with consensus algorithms. You said you have a new consensus algorithm so what about DAG? But i'm interested on that untraceable payment feature of yours. It will help anyone that does not want to compromise their privacy.

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November 07, 2017, 03:34:16 PM
 #14842

@coiner.

Fair enough answers i think.

Different views/perspectives that is all.

I don't know why anyone would not like fair launch POW.

IMO it makes the bar of entry that much higher. Needing to download the entire blockchain (which may be several gigs), having an (almost) always on internet connection, a truly top of the line system/mining farm setup and worrying about how much kwh you're using effectively disqualifies POW for me as a means to get any crypto for the foreseeable future.



Gbb is private asset. Not sure if people want to trade that on exchange.

Yes they do. You too can buy and sell GBB on http://www.beeb-bot.com/
U talking about in wallet bot. I'm talking about exchange where you have public addresses. Gbb is private asset. There is no blockchain to track it. So therefore gbb is different than public assets/tokens or gbytes.

I agree with ByteFan here. Monero, Zcash, Zencash etc. all lay claim to the "best privacy crypto" title but unlike GBB they're all tradeable outside the confines of a wallet bot, on Bittrex no less. I'm not that knowledgeable on how it works so I have to ask: what is it, specifically, that makes having Monero on trex still private but not GBB?

Reading through answers like these and threads like this makes it appear like GBB isn't all that private and/or won't ever stop being a really niche privacy crypto.
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November 07, 2017, 05:57:45 PM
 #14843

i have also received my fair share of airdroped tokens. the price is a little scary right now but when people will see the power of this coin...

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/Whitepaper/ /Sign Up/ /Buy Token Now/


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CorePrime95
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November 07, 2017, 06:15:22 PM
 #14844

Distribution of Bytes is now finished.
61,299.720840161 GB distributed
645,222.052937914 GB is available supply after the distribution.

Distribution of blackbytes will start in a few hours and will take a few days, be patient.  I'll post here when it is complete.

I'll decide and announce the plans for future distribution around mid-November.  But it is already certain that we skip the December full moon.  The purpose of the free distribution is in acquiring new users, and we should use the remaining undistributed coins most efficiently.  That's why we are slowing down the distribution and gradually phasing out the method based on balances, which is not expected to produce much positive impact any more.  Cashback has already proved more efficient in terms of cost of user acquisition, albeit it is still slow.  Other product updates linked to the distribution are still in the making but not certain enough to speak about them now, I expect more certainty in the middle of November.

I can understand that you want to remove the airdrop because it does not acquire new users anymore. However I think you should be careful not to lose existing users because of this. I think the majority of Byteball users are "people who have the wallet installed but are not using it often", as the Byteball economy is still in infant stage.

BUT these users are coming back on a regular basis because of the airdrops. They read this thread, the slack, the website, update their clients and such. The airdrops have been a big event that brings the Byteball community together at regular intervalls. Thats why the TitanCoin preICO was started at the airdrop date, because most people would notice it. It would be a waste to lose the conditioning of the Byteball userbase and the full moon meme that was so costly acquired.

So I urge you not to skip december airdrop or atleast have a replacement event. We already saw interest fainting when the last airdrop was skipped. There are lots of bling bling coins and christmas time coming up. For the average user its super easy to totally forget about your Byteball installation during two months if nothing is happening.
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November 07, 2017, 06:22:01 PM
 #14845

My phone tries to synchronize a black byte payment from distribution for about an hour already, and still says "Synching ... 16 private payments left". It is getting hot and I need to tap it all the time to prevent from sleeping. Not very practical I would say.
Yes, that's a known problem. Devices with very low write / read perforance (i.e. mobiles) have problems synchronizing Blackbytes. tip: energy saving mode to maximum,
stroke from time to time (to prevend the energy saving mode), patience
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November 07, 2017, 06:37:25 PM
 #14846

Distribution of Bytes is now finished.
61,299.720840161 GB distributed
645,222.052937914 GB is available supply after the distribution.

Distribution of blackbytes will start in a few hours and will take a few days, be patient.  I'll post here when it is complete.

I'll decide and announce the plans for future distribution around mid-November.  But it is already certain that we skip the December full moon.  The purpose of the free distribution is in acquiring new users, and we should use the remaining undistributed coins most efficiently.  That's why we are slowing down the distribution and gradually phasing out the method based on balances, which is not expected to produce much positive impact any more.  Cashback has already proved more efficient in terms of cost of user acquisition, albeit it is still slow.  Other product updates linked to the distribution are still in the making but not certain enough to speak about them now, I expect more certainty in the middle of November.

Distribution of blackbytes is now finished.

I know about the "removing stable witnessed unit" error, working on it.

Simplicity is beauty
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November 07, 2017, 06:42:36 PM
 #14847

when the next?
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November 07, 2017, 06:51:26 PM
 #14848

Syncing... 36 private payments left. PC is with i7, so power is not a cause. This is getting worse everyday, not only price of the coin.
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November 07, 2017, 06:54:58 PM
 #14849

Syncing... 36 private payments left. PC is with i7, so power is not a cause. This is getting worse everyday, not only price of the coin.

ssd hardrive?
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November 07, 2017, 06:55:01 PM
 #14850

Syncing... 36 private payments left. PC is with i7, so power is not a cause. This is getting worse everyday, not only price of the coin.

I have similar issue. Stuck syncing three probate payments, before and after updating to latest client...
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November 07, 2017, 07:11:07 PM
 #14851

The owner of Osteria Il Trullo restaurant in Milan is doing great job expanding our cashback program.  He has recruited 12 new merchants in Milan in the area around his restaurant.



To get the cashback, you keep your fiscal receipt, walk to one of the two Distribution Points, and receive cashback in Bytes according to the amount on the receipt.

See details:
English: https://byteball.org/milan/
Italian: https://byteball.org/milano/

Simplicity is beauty
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November 07, 2017, 07:28:19 PM
 #14852

Syncing... 36 private payments left. PC is with i7, so power is not a cause. This is getting worse everyday, not only price of the coin.

I have similar issue. Stuck syncing three probate payments, before and after updating to latest client...

i am using the latest OSX wallet and have the same problem. stuck at 33 private payments.
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November 07, 2017, 07:41:29 PM
 #14853

The owner of Osteria Il Trullo restaurant in Milan is doing great job expanding our cashback program.  He has recruited 12 new merchants in Milan in the area around his restaurant.

To get the cashback, you keep your fiscal receipt, walk to one of the two Distribution Points, and receive cashback in Bytes according to the amount on the receipt.

See details:
English: https://byteball.org/milan/
Italian: https://byteball.org/milano/


Real world usage of Byteball, great!!
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November 07, 2017, 07:51:43 PM
 #14854

Syncing... 36 private payments left. PC is with i7, so power is not a cause. This is getting worse everyday, not only price of the coin.

ssd hardrive?

Sure, 500gb samsung 850.
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November 07, 2017, 07:53:21 PM
 #14855

my wallet is synced and doesn't have problems (mac os), glad to see more brick and mortar stores joining the cash back program. maybe next summer i'll drop a visit in milano. how is the titan ICO going? if gbyte starts to become a ico platform and more companies use its blockchain and smart contract protocols, this might get biig



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kola-schaar
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November 07, 2017, 08:41:28 PM
 #14856

my wallet is synced and doesn't have problems (mac os), glad to see more brick and mortar stores joining the cash back program. maybe next summer i'll drop a visit in milano. how is the titan ICO going? if gbyte starts to become a ico platform and more companies use its blockchain and smart contract protocols, this might get biig
Tech works perfect.
For the fact, that there is no advertising it is running well, I would say.
Judging by the attractiv offer it is lazy. It reminds me a lot of the start time of Byteball Distribution (No media, no ads, no Investors).
The times are unfortunately so that you can have the best product, but without media echo you die poor.
But I think that will be recognized soon - marketing can be set up quickly. Therefore, there is so much scam.  Smiley
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November 07, 2017, 09:10:06 PM
 #14857

Syncing... 36 private payments left. PC is with i7, so power is not a cause. This is getting worse everyday, not only price of the coin.

ssd hardrive?

Sure, 500gb samsung 850.

No SSD here, regular old spinny disk in laptop running win 10. Is there any advice for this? Restore from backup or something?
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November 07, 2017, 09:19:34 PM
 #14858

Syncing... 36 private payments left. PC is with i7, so power is not a cause. This is getting worse everyday, not only price of the coin.

It's an issue with the wallet.
2 ways to solve this.

1)  Send me your wallet and I will send it back repaired.
2) Create a new wallet on another device, send all your funds to it, then move the new wallet to your primary machine.

I have similar issue. Stuck syncing three probate payments, before and after updating to latest client...

Same answer.

i am using the latest OSX wallet and have the same problem. stuck at 33 private payments.

Same answer.

My phone tries to synchronize a black byte payment from distribution for about an hour already, and still says "Synching ... 16 private payments left". It is getting hot and I need to tap it all the time to prevent from sleeping. Not very practical I would say.


Same answer.


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November 07, 2017, 09:23:33 PM
 #14859

i received the exspected amount of bytes in the last drop but i didn't get any blackbytes.
does anybody have the same problem?
what can i do to receive the amount of blackbytes which was exspected by the chat bot?

(sorry if this problem was already discussed in this thread.)


I am not going to answer this for you since it is the same question that happens after each and every distribution.
Read what Tony said in his last post.

I have received my byteballs, thanks to the dev. But I don't receive blackbytes. Are they dropping in different days?

Same answer.



Yes same for me too..

Anyways, excited to be part of this after receiving my first airdrop! Only started learning about Byteball in the last couple of weeks  Grin

Same answer.


I am also getting this issue.  Is there any estimate as to when this fix will be released?  This issue happened before I was able to backup after the most recent distribution so I am getting nervous - I really want to backup.

To make a backup, simply backup the data directory where your wallet is at.  Copy the full directory to a usb drive.



I suggest a beautiful feminine figure to represent Byteball.
IOTA got Jesse Babbra‏ and I think that's their best move.

picture

picture

Tony is great but he isn't sexy.


Love that idea.   People love looking at women.  Quite rare to order coffee from a male 'barista'

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November 07, 2017, 09:38:47 PM
 #14860

...

Same answer.



Thanks for the answer Michail, I will give it a shot soon, but that doesn't really address what the actual problem is. Is it corrupt db? Is this something that used to happen with conditional payments but now has been corrected?
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