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Author Topic: BYTEBALL: Totally new consensus algorithm + private untraceable payments  (Read 1138599 times)
kola-schaar
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March 27, 2018, 08:16:02 PM
 #18061

Today, we are launching a Telegram bot that allows to pass a small quiz and get a $5.00 worth reward in Bytes.  It is paid from the undistributed funds.
...

Full story: https://medium.com/byteball/money-for-knowledge-distribution-via-telegram-quiz-bot-2dd400e22997

Telegram bot: @ByteballQuizBot
Nice idea for an unobtrusive advertising that appeals to interested people.
Also there is something to learn and the usability of Byteball is well presented - well done! Smiley
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Hhugh
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March 27, 2018, 09:50:27 PM
 #18062

The actual sad part of tale is that a lot more started dropping interest in Byteball after seeing things that are happening, at this time this individuals are getting in need of selling their own Gbytes.

A sad part is that after a year beyond release byteball is still slow and centralized. But thanks to  tonych for $1000 worth of free tokens. This is not sad, I dump them with respect and best wishes Smiley


This is sad to see this original project struggling so hard. There are many investors dumping Byteball after Tony canceled airdrop. From what I see this airdrop attracted few big investors and now they are selling because they were only counting on money from airdrop and not wanted to support the project and hold for a long time. This shows that Tony decision was not bad at all I think. The main reason for airdrops is to attract new users and this could not be achieved. There are not much Byteballs left and Tony has to come up with a good strategy on how to distribute them. Still when I see Byteball price and actual community reactions I fill sad that such a great and innovative project had such a bad time.

To be honest I'm not concerned about this project atm. Yes it is struggling to moon, but mooning hasn't been core team's goal as of yet. Development is highly encouraging and a good foundation is being laid to ensure that this project has a fighting chance not only at surviving, but on boarding real users and use cases. I do agree that Tony should have signaled that the airdrop was being cancelled louder and sooner. But the arguments that support cancelling the airdrop IMO are much more compelling than the pro airdrop arguments I've seen.

But perception counts for a lot... if the GBYTE doesn't make new USD highs by the end of the next alt season or if governance or witnesses aren't distributed within a year then I'll get concerned.
truclyiuh
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March 27, 2018, 10:30:14 PM
 #18063

ByteballQuizBot is absolutely amazing! I have shared it with a few friends of mine alongside the Byteball wallet. They couldn't believe what they were witnessing (which to me seems quite easy to get).  Cheesy
Nice job tony!
I am not familiar with this, but I will give this QuizBot a try to win these quizzes and get bytes.
tonych
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March 27, 2018, 11:11:19 PM
 #18064

Today, we are launching a Telegram bot that allows to pass a small quiz and get a $5.00 worth reward in Bytes.  It is paid from the undistributed funds.

Full story: https://medium.com/byteball/money-for-knowledge-distribution-via-telegram-quiz-bot-2dd400e22997

Telegram bot: @ByteballQuizBot

About 500 users have passed the quiz since launch (despite frequent offs due to bugs, running out of money, running out of daily quota, etc) but I observe some share of fraud too.  It is not very large but concerning.  To reduce the incentive for fraud, the reward will now be reduced to $2.50.

Simplicity is beauty
jwinterm
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March 27, 2018, 11:51:51 PM
 #18065

Today, we are launching a Telegram bot that allows to pass a small quiz and get a $5.00 worth reward in Bytes.  It is paid from the undistributed funds.

Full story: https://medium.com/byteball/money-for-knowledge-distribution-via-telegram-quiz-bot-2dd400e22997

Telegram bot: @ByteballQuizBot

About 500 users have passed the quiz since launch (despite frequent offs due to bugs, running out of money, running out of daily quota, etc) but I observe some share of fraud too.  It is not very large but concerning.  To reduce the incentive for fraud, the reward will now be reduced to $2.50.

Maybe what you should do is ask users to pay $8 worth of byteball to take the quiz, then if they successfully complete it you'll send them $20 worth of byteball back Tongue
tonych
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March 28, 2018, 12:09:02 AM
 #18066

Today, we are launching a Telegram bot that allows to pass a small quiz and get a $5.00 worth reward in Bytes.  It is paid from the undistributed funds.

Full story: https://medium.com/byteball/money-for-knowledge-distribution-via-telegram-quiz-bot-2dd400e22997

Telegram bot: @ByteballQuizBot

About 500 users have passed the quiz since launch (despite frequent offs due to bugs, running out of money, running out of daily quota, etc) but I observe some share of fraud too.  It is not very large but concerning.  To reduce the incentive for fraud, the reward will now be reduced to $2.50.

Maybe what you should do is ask users to pay $8 worth of byteball to take the quiz, then if they successfully complete it you'll send them $20 worth of byteball back Tongue

Clever enough Smiley but unlike jumio there is no cost associated with running the quiz.

Simplicity is beauty
Hhugh
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March 28, 2018, 12:11:52 AM
 #18067

Today, we are launching a Telegram bot that allows to pass a small quiz and get a $5.00 worth reward in Bytes.  It is paid from the undistributed funds.

Full story: https://medium.com/byteball/money-for-knowledge-distribution-via-telegram-quiz-bot-2dd400e22997

Telegram bot: @ByteballQuizBot

About 500 users have passed the quiz since launch (despite frequent offs due to bugs, running out of money, running out of daily quota, etc) but I observe some share of fraud too.  It is not very large but concerning.  To reduce the incentive for fraud, the reward will now be reduced to $2.50.

Maybe what you should do is ask users to pay $8 worth of byteball to take the quiz, then if they successfully complete it you'll send them $20 worth of byteball back Tongue

Bytes, not byteball... you could learn something from the quiz! This is one of the questions:

What’s the  main currency of Byteball?
a - Byteball
b - Byte
c - Blackbyte
d - Bitcoin
https://wiki.byteball.org/Overview#Basic_info
tspacepilot
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March 28, 2018, 04:23:47 AM
 #18068

I had the BTC - Byteball exchange bot "ignore" my deposit because it was "too small".  Admittedly, it wasn't a lot, but it was in the ballpark of 20USD at the time of the deposit.  The message was just "Received your payment of 0.059 GB it is too small to be exchanged, will be ignored.".

In my opinion, this is broken behavior.  If the amount is too small to exchange, send it back after some time, don't just confiscate the money..

Is there anyone I can talk to to get my money back?

I was glad to see that whoever runs the BEEB exchange is around to take care of their customers.  Does anyone know who runs the BTC-Byteball exchange bot?  I still haven't heard anything.  It seems like whoever runs this bot just stole my 20$

This bot has a buyer beware and explicitly says not to deposit the amount you deposited. So I'd have to respectfully say that there's only one place to put the blame if you don't get refunded.

I mean, if this bot's policy is to take for itself all values under 20$, and there's a fast moving exchange rate, and i'm just hosed.  Ok, it was 20$, not my life savings, no problem.  Still, I wouldn't recommend doing business with such a person.  And I bet I'm not the only one who has had their money stolen.

Does anyone know who the dev is.  I'd like to talk to them.
hd49728
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March 28, 2018, 04:26:29 AM
 #18069

Oh, I lost my chance to get money from Byteball quizzes.
I was a little bit busy (heavy loads of works in my office), so I don't have spare time to join your quizze.
However, I highly appreciate your works to control cheaters, who simply tried to join quizz and get money. They should not do that.
About 500 users have passed the quiz since launch (despite frequent offs due to bugs, running out of money, running out of daily quota, etc) but I observe some share of fraud too.  It is not very large but concerning.  To reduce the incentive for fraud, the reward will now be reduced to $2.50.
thanks for sharing me link to get basic information about Byteball and its main currency on wiki.byteball website.
It helps me a lot.
Bytes, not byteball... you could learn something from the quiz! This is one of the questions:

What’s the  main currency of Byteball?
a - Byteball
b - Byte
c - Blackbyte
d - Bitcoin
https://wiki.byteball.org/Overview#Basic_info

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CryptKeeper
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March 28, 2018, 05:35:48 AM
 #18070




P2P insurance? Yes, you can on Byteball


Please retweet https://twitter.com/ByteballOrg/status/978578961872621568?s=20

Follow me on twitter for the latest news on bitcoin and altcoins and I'll follow you back the same day!
Byteball - Smart payments made simple
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March 28, 2018, 05:38:12 AM
 #18071




As part of our Global Roadshow Byteball’s Steve Safronoff attending Crypto Summit 2018 in Zurich.  Hope to see our supporters there!


Please retweet https://twitter.com/ByteballOrg/status/978767013316300805?s=20

Follow me on twitter for the latest news on bitcoin and altcoins and I'll follow you back the same day!
Byteball - Smart payments made simple
Karartma1
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March 28, 2018, 06:25:35 AM
 #18072

I'm sorry but that is a very stupid move, not because Byteball is not a good investment but since you are putting your savings at stake with no diversification, maybe you should be prepared for what you have done. Like any investement, one should never invest life savings into it: you did gambling

I am not interested in preserving the status quo; I want to overthrow it. Niccolò Machiavelli
naska21
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March 28, 2018, 06:48:13 AM
Merited by kaicrypzen (1)
 #18073

Today, we are launching a Telegram bot that allows to pass a small quiz and get a $5.00 worth reward in Bytes.  It is paid from the undistributed funds.


Full story: https://medium.com/byteball/money-for-knowledge-distribution-via-telegram-quiz-bot-2dd400e22997

Telegram bot: @ByteballQuizBot

I have passed the quiz. It's eye-opening  and funny.It might take out most of us at the same time. The only disapointment was from the bot final message . "There was an error while trying to send your textcoin. We'll automatically retry until the textcoin is sent."

Got it! I would  like to know if we have any statistics on distribution via telegram bot showing that this method  is more effective than the earlier one.
tbct_mt2
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March 28, 2018, 07:17:13 AM
 #18074

snip
Firstly, I would like to let you know that I received my payments for Byteball signature campaign. Many thanks to you and manager of the campaign, yahoo62278. I will keep support the project with my signature and avatar.
Additionally, looking at Byteball chart, I think it will have more chances to take off, especially with supports from several coming products.

How long the campaign will last, tonych?

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March 28, 2018, 07:28:34 AM
 #18075

Noticed a lot of established members wearing byteball sig in the last week. Is Byteball a new NEM ?? I remember two years ago when i heard that every wallet will receive some free bytes but i probably lost that wallet.

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March 28, 2018, 08:08:02 AM
 #18076

i want to take part in the campaign, but i am jr member. so sad
kaicrypzen
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March 28, 2018, 08:31:43 AM
 #18077

About 500 users have passed the quiz since launch (despite frequent offs due to bugs, running out of money, running out of daily quota, etc) but I observe some share of fraud too.  It is not very large but concerning.  To reduce the incentive for fraud, the reward will now be reduced to $2.50.

Curious about how you detect frauds. Is it based on the number of times the same IP address has passed a payable quiz or is there more to it? Thank you.

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March 28, 2018, 09:49:45 AM
 #18078

About 500 users have passed the quiz since launch (despite frequent offs due to bugs, running out of money, running out of daily quota, etc) but I observe some share of fraud too.  It is not very large but concerning.  To reduce the incentive for fraud, the reward will now be reduced to $2.50.

Curious about how you detect frauds. Is it based on the number of times the same IP address has passed a payable quiz or is there more to it ? Thank you.

500 users is good, but to distribute other funds 334000/0,013= 25 600 000 claim around. it's 2much
and for new users it is a dubious incentive to install a wallet and to be interested in the project. At least my friends, even for $ 5, did not want to bother with answers to questions that you need to delve into. And they just gave me their telegrams

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March 28, 2018, 10:15:39 AM
 #18079

I had the BTC - Byteball exchange bot "ignore" my deposit because it was "too small".  Admittedly, it wasn't a lot, but it was in the ballpark of 20USD at the time of the deposit.  The message was just "Received your payment of 0.059 GB it is too small to be exchanged, will be ignored.".

In my opinion, this is broken behavior.  If the amount is too small to exchange, send it back after some time, don't just confiscate the money..

Is there anyone I can talk to to get my money back?

Does anyone know who the dev is.  I'd like to talk to them.

If I remember correctly, it's tonych.



Oh, I lost my chance to get money from Byteball quizzes.
I was a little bit busy (heavy loads of works in my office), so I don't have spare time to join your quizze.

You can take the quiz anytime. It has 5 questions that take less than 1 minute each to answer if you already know what Byteball is about.

kola-schaar
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March 28, 2018, 11:10:17 AM
 #18080

Error handling works, TextCoin received:


From yesterday to today already made 2.2% profit Wink. Now I can afford an Easter egg more.  Tongue
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