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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1234010 times)
vingaard
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January 21, 2018, 07:29:20 PM
 #16861

I had to format my computer, but I had made a backup of my wallet on august 2017... now I have installed new version of byteball, and I can recover my wallet from restore option but always says this:

Quote
Uncaught exception: Error: message encrypted to unknown key, device *********************************, len=228. The error might be caused by restoring from an old backup or using the same keys on another device.

What can I do in order to restore my wallet?... I'm using the latest version of byteball and my backup was from august 2017  Huh
Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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January 21, 2018, 07:44:11 PM
 #16862

What happens if the private keys to an address are compromised? Can we contact Jumio to ensure that we are able to link a new address, and the verification of the previous address is revoked?
It shouldn't be too difficult for Jumio to implement a standard procedure in these cases. With increase in cybercrimes, this is bound to occur.

Good question. Let's say somebody attests via a smartphone and looses it? Then what? Some stranger can use the attested identity on the phone indefinitely for whatever purpose? This is dangerous.

Chancellor on brink of second bailout for banks
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January 21, 2018, 08:26:12 PM
 #16863

Let's say somebody attests via a smartphone and looses it? Then what? Some stranger can use the attested identity on the phone indefinitely for whatever purpose? This is dangerous.
Setting a strong password prevents this.

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January 21, 2018, 09:16:07 PM
 #16864

Let's say somebody attests via a smartphone and looses it? Then what? Some stranger can use the attested identity on the phone indefinitely for whatever purpose? This is dangerous.
Setting a strong password prevents this.

You better make sure it's realy strong. And make sure your phone or PC is unhackable so nobody will steal your password via a keylogger and the like methods.

And make sure that the Jumio database is never hacked. Because once it's hacked you are ...cked.

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January 21, 2018, 09:25:01 PM
 #16865

And make sure that the Jumio database is never hacked. Because once it's hacked you are ...cked.
As far as I know, Jumio shouldn't keep records, right? Jumio only verifies the identity (once!), then it's hash is stored in the DAG, and Jumio doesn't need your paperwork anymore. Jumio witnesses the hash is correct.
Im not sure if I am right here, but this would make perfect sense to me.

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January 21, 2018, 09:27:58 PM
 #16866

And make sure that the Jumio database is never hacked. Because once it's hacked you are ...cked.
As far as I know, Jumio shouldn't keep records, right? Jumio only verifies the identity (once!), then it's hash is stored in the DAG, and Jumio doesn't need your paperwork anymore. Jumio witnesses the hash is correct.
Im not sure if I am right here, but this would make perfect sense to me.

Cmon. Then how this KYC/AML works when needed? How three letter agency can find a user if they need by court order etc?

Quote
Personal information.  Jumio collects a wide range of personal information through the Services.  This information varies depending on the Jumio application and the Third-Party Data Controller in question, but may include such information as name, physical address, email address, telephone number, social security number, driver’s license number, state or national ID card number, passport number, other ID card number, credit or debit card number, CVV, expiration date, and/or date of birth.  In some cases, Jumio may collect a visually scanned or photographed image of your face and/or your identification card, driver’s license, passport, utility bill, bank account statement, insurance card, or credit/debit card.  This image may include your photograph and other information from the imaged document, such as your eye color, weight, height, and organ donor status.
https://www.jumio.com/legal-information/privacy-policy/jumio-inc-privacy-policy-for-online-services/

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tonych (OP)
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January 22, 2018, 12:42:05 AM
 #16867

Some advice after running the real name attestation for a few days.

- read the instructions.  They are long but everything is important.

Two most frequent mistakes:
1. make sure you are in a single address wallet.  If not, switch to one.  If it doesn't exist, create it.  Fortunately, for all new users, the main wallet is single-address by default.
2. use a document with your ID in Latin characters.  Some countries (e.g. China, Russia) have their national ID cards with the name printed in the national language only.  They don't work.  Use your driver license or the passport you use to travel abroad.

- when scanning your ID, make sure there is no glare from reflected light, especially if your ID has a glossy surface.  Otherwise, Jumio can't read it.


Also, when you are referring someone, be prepared to babysit them a bit to ensure the best experience.

Simplicity is beauty
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January 22, 2018, 12:46:59 AM
 #16868

any wallet for win 32 dev?
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January 22, 2018, 12:49:14 AM
 #16869

Is the free distribution going on? looks like the dev distributed ~50% what happened to the rest?

EDIT: just read the new rules... real identity?? give me a break, lol Shocked
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January 22, 2018, 11:12:26 AM
 #16870

I like my mondays with Forbes mentioning Byteball in positive light.

https://www.forbes.com/sites/shermanlee/2018/01/22/explaining-directed-acylic-graph-dag-the-real-blockchain-3-0/#6d160855180b

don't let me make you question your assumptions
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January 22, 2018, 12:28:39 PM
 #16871


The article definitely mentions DAG in a positive light, but I wouldn't go as far as saying that Byteball is mentioned in a positive light. Nxt is the coin which is highlighted, while all other coins which use DAG, like ITC, IOTA and Byteball only get a passing mention.
Of course, even passing mentions like Forbes could do us a world of good.


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January 22, 2018, 01:02:22 PM
 #16872

In respect of the identification campaign: I ended a lot of resistance to submitting personal info to Jumio. I guess this thought (transparent cryptocurrency uses) just has to develop further a couple of years.

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January 22, 2018, 04:35:33 PM
 #16873

And make sure that the Jumio database is never hacked. Because once it's hacked you are ...cked.
As far as I know, Jumio shouldn't keep records, right? Jumio only verifies the identity (once!), then it's hash is stored in the DAG, and Jumio doesn't need your paperwork anymore. Jumio witnesses the hash is correct.
Im not sure if I am right here, but this would make perfect sense to me.

Cmon. Then how this KYC/AML works when needed? How three letter agency can find a user if they need by court order etc?

Quote
Personal information.  Jumio collects a wide range of personal information through the Services.  This information varies depending on the Jumio application and the Third-Party Data Controller in question, but may include such information as name, physical address, email address, telephone number, social security number, driver’s license number, state or national ID card number, passport number, other ID card number, credit or debit card number, CVV, expiration date, and/or date of birth.  In some cases, Jumio may collect a visually scanned or photographed image of your face and/or your identification card, driver’s license, passport, utility bill, bank account statement, insurance card, or credit/debit card.  This image may include your photograph and other information from the imaged document, such as your eye color, weight, height, and organ donor status.
https://www.jumio.com/legal-information/privacy-policy/jumio-inc-privacy-policy-for-online-services/

The are not supposed to store your private data in no database. Only hash in the DAG. To collect does not mean to store. If they do store your private data in their database, all this ID verification on byteball does not make sense.
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January 22, 2018, 07:13:06 PM
 #16874


That is nice to see. Nice article!

Congrats to the team, well deserved.  Smiley

Blackbytes Bytes Exchange BEEB is offering you 1,000,000 Bytes!

More info at http://beeb-bot.com - Buy and sale your BlackBytes on BEEB!



Here is your link to receive 1,000,000 Bytes: https://byteball.org/openapp.html#textcoin?together-orange-pelican-tooth-fox-lucky-half-cup-window-coil-radar-pen
(please say 'Hi' if you successfully claimed this giveaway to show it is not a scam, thanks!)
vlom
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January 22, 2018, 07:27:49 PM
 #16875

received them, thank you
wwzsocki
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January 22, 2018, 11:00:30 PM
 #16876


That is nice to see. Nice article!

Congrats to the team, well deserved.  Smiley

Blackbytes Bytes Exchange BEEB is offering you 1,000,000 Bytes!

More info at http://beeb-bot.com - Buy and sale your BlackBytes on BEEB!



Here is your link to receive 1,000,000 Bytes: https://byteball.org/openapp.html#textcoin?together-orange-pelican-tooth-fox-lucky-half-cup-window-coil-radar-pen
(please say 'Hi' if you successfully claimed this giveaway to show it is not a scam, thanks!)
I keep getting a message "already claimed" Huh?

That was just for one person?

-doubleU-
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January 23, 2018, 12:33:37 AM
 #16877

That was just for one person?
yes, a textcoin can only once claimed

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January 23, 2018, 03:13:06 AM
Last edit: January 23, 2018, 03:41:26 AM by byteball3r
 #16878

90% of Jumio verification attempts failed for technical reasons and Jumio gets $8 regardless according to https://www.reddit.com/r/ByteBall/comments/7sawz9/report_some_errors_during_id_verification/. Jumio partnership may have been a good idea or noble in theory but in practice it seems to be a flop. The distribution of the remaining bytes should not be in such a centralized manner with only one glitchy service receiving a significant portion of distributed bytes. And sorry but you are not going to improve Byteball's attractiveness to this market by giving away free money. You do that by marketing it to them... The second XRB stopped their captcha faucet it skyrocketed along with its user count.

Devs really need to improve the image of Byteball. There's a lot of information asymmetry (for example https://www.reddit.com/r/ByteBall/comments/7sarfg/distribution_methods/). I personally thought the name was okay but most people on reddit/newbies disagree. Daily posts complaining about the name. I strongly encourage the devs to rename the platform and units. Pretty much anything nice and serious-sounding without any unrelated connotations would be good and you could do some polling.

Still no new exchanges? If you need to pay them to list GBYTE that is a much better investment of the undistributed funds than subsidies of Jumio. Look Jumio partnership is okay, but you need to halt it until they fix their technical problems and their pricing structure to only charge if the attempt failed due to a fraudulent attempt, not merely a technical fault of Jumio. And to put it bluntly a flood of verified users trying to get free money is pointless without an ecosystem of enterprises that those users would patronize and that require users to be identified by Jumio.

Disclaimer: I hold bytes and am not selling, just suggesting improvements.

Edit: Added quote from baki on slack.
Quote
It is worth pondering why IOTA and Raiblocks scored much more users. They do not use propagation methods, for example, in Byteball. The best way to distribute and accept this is a large number of exchanges, as well as a demonstration of opportunities. When buying on the exchange, people get tokens expensive, and they value them more, a large number of investments attract not only speculators, but also users. Demonstration of scaling gives people to understand which crypto currency really has a future. Byteball makes two mistakes, ignores advertising and new exchanges. If your product is ready for use right now, and the number of users is small, you need advertising and simplify the method of buying crypto currency. Demonstration of scaling is part of such advertising, as it increases the confidence of users in the capabilities of crypto currency.
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January 23, 2018, 03:44:44 AM
 #16879

I don't think partnership with Jumio is a good idea it's just wasting of time,same as the partnership with merchants cashback program that won't help Byteball Much either it's just a total time wasting.
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January 23, 2018, 03:54:52 AM
 #16880

90% of Jumio verification attempts failed for technical reasons and Jumio gets $8 regardless according to https://www.reddit.com/r/ByteBall/comments/7sawz9/report_some_errors_during_id_verification/. Jumio partnership may have been a good idea or noble in theory but in practice it seems to be a flop. The distribution of the remaining bytes should not be in such a centralized manner with only one glitchy service receiving a significant portion of distributed bytes. And sorry but you are not going to improve Byteball's attractiveness to this market by giving away free money. You do that by marketing it to them... The second XRB stopped their captcha faucet it skyrocketed along with its user count.


Disclaimer: I hold bytes and am not selling, just suggesting improvements.

So what is the point of paying 8 dollars on front UNCONDITIONALY, I don't get it. We won't have too many new Byteball user. Why centralize the verification ID with "Jumio", there is https://shuftipro.com/ also.
I thought we are in a decentralice small world with a conditional payments.
Why should I loose 8 dollars if the condition of ID verification is not met. I thoght that we were in Byteball, not bitcoin.
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