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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1165197 times)
jjacob
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April 22, 2018, 05:00:20 AM
 #18461

KMD aren't investors. They used the airdrops to fund their own project... They are the dumpers
I am not sure about your information, so I will be discover about it later today after coming back to my home.
However, in most cases, airdrop/ bounty/ signature campaigns' receivers are dumpers because most of them want to take quick money. They don't care about how good the project they support/join campaigns are. They only want to sell coins to take fiats and go away.

You have clubbed most of the distribution methods of Byteball together as dumpers. Grin Plus you are wearing Byteball's signature as well! It doesn't matter if most of them dump Byteball, the positive thing is Byteball acquired a lot of users because of the airdrop. The novel distribution method was what set it apart from most of the other altcoins for most users. Those who believe in its potential are still holding.


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ilcapitano
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April 22, 2018, 05:05:22 AM
 #18462

You have clubbed most of the distribution methods of Byteball together as dumpers. Grin Plus you are wearing Byteball's signature as well! It doesn't matter if most of them dump Byteball, the positive thing is Byteball acquired a lot of users because of the airdrop. The novel distribution method was what set it apart from most of the other altcoins for most users. Those who believe in its potential are still holding.

I think that guy is simply said most of participants sold their rewarded coins immediately, not all. That makes sense.
In my opinion, Byteball has several great features which build up its solid basements for future exponential growths. I hope those growths will occur this year (just my hope).

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lidonglan1012
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April 22, 2018, 05:12:18 AM
 #18463

BYTEBALL's consensus algorithm is good, but what really determines a project is its team level, efficiency, the base of the user's fans, the quality of the partner, the quantity, the confidence of the market, and so on.
ilcapitano
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April 22, 2018, 05:23:20 AM
 #18464

BYTEBALL's consensus algorithm is good, but what really determines a project is its team level, efficiency, the base of the user's fans, the quality of the partner, the quantity, the confidence of the market, and so on.
It doesn't make sense. So, to conclude about Byteball potential or real intrinsic value, what did you really imply in your thread?
Is Byteball a good one or not?

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sailthor
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April 22, 2018, 06:50:13 AM
 #18465

KMD aren't investors. They used the airdrops to fund their own project... They are the dumpers
I am not sure about your information, so I will be discover about it later today after coming back to my home.
However, in most cases, airdrop/ bounty/ signature campaigns' receivers are dumpers because most of them want to take quick money. They don't care about how good the project they support/join campaigns are. They only want to sell coins to take fiats and go away.
They literally tweet it.
"#Komodo gets more funding through #Byteball snapshot."
What else would it mean? They claim their GBYTE through their BTC and then sell the GBYTE for BTC to further fund their project development. All of these idiots in the thread trying to shill the coin - stop.

pineapple express
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April 22, 2018, 07:43:32 AM
 #18466

https://medium.com/byteball/attestation-of-accredited-investors-d4a8dabf683b
Quote
Your personal information is available only to VerifyInvestor.com, it can’t be accessed by the bot nor the issuer(s) of the tokens you are going to invest in.
The attestor address is BVVJ2K7ENPZZ3VYZFWQWK7ISPCATFIW3, which is also a witness.

does it mean VerifyInvestor.com now a witness? Why https://byteball.fr/stats.php BVVJ2K7ENPZZ3VYZFWQWK7ISPCATFIW3 operated by Tonych?
Jedgar
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April 22, 2018, 10:03:42 AM
 #18467

I highly warn that users should not deposit Byteball to Cryptopia exchange. I lost my coins with my deposit transactions.
Sad to say that, but it is my bad experience with Cryptopia.
After that, I decided to send my Byteball to Cryptox, everything worked well.
https://coinmarketcap.com/currencies/byteball/#markets
Cryptopia had big issues with byteball lately, but apparently everything was solved. I was able to withdraw my bytes when they allowed withdrawals again a few weeks ago.
By the way, have you tried to contact their support? have you opened a ticket? Look into it, don't lose your bytes so easily

Cryptopia has issue with almost all coins they listed. Better to trade Gbytes on Bittrex, I think, though Cryptox is not bad choice.
tranquynhtien
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April 22, 2018, 11:14:40 AM
 #18468

If can not verify account in Bittrex, Cryptox will be good alternative.
BitcoinArsenal
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April 22, 2018, 01:16:33 PM
 #18469

I received my first few WCG tokens. Thanks for it. But why is the name a long character code starting with DAHn....f0= instead of a name like WCG-Tokens? A bit confusing. Before I saw the chat message that I received tokens I was not sure what those tokens about.
Freefactomizer
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April 22, 2018, 02:32:09 PM
 #18470

I received my first few WCG tokens. Thanks for it. But why is the name a long character code starting with DAHn....f0= instead of a name like WCG-Tokens? A bit confusing. Before I saw the chat message that I received tokens I was not sure what those tokens about.

They are test tokens, they are not registered.

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Alcibiades Agnes
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April 22, 2018, 03:06:14 PM
Last edit: April 22, 2018, 03:27:01 PM by Alcibiades Agnes
 #18471

hold on, mining business will end soon.  

Please Byteball Tony and Byteball Jesus save our cryto world.

I think we are ASIC resistance    Grin

some people do not trust Byteball yet, but we fewer option every minute is pass

blockchain is auto destroying itself.

buy yourself a favor, buy a gbyte Shocked

https://motherboard.vice.com/en_us/article/3kj5dw/what-is-an-asic-miner-bitmain-monero-ethereum

If cryptocurrency is disrupting finance, then powerful computer chips known as ASICs are disrupting cryptocurrency. Their mere existence turned securing the Bitcoin blockchain, which in the network’s early days could be done at home by average users, into a massive industry that eats up unholy amounts of electricity and generates ridiculous profits for hardware manufacturers.

Now, these specialized chips, called application specific integrated circuits (ASICs), are coming for other blockchains. On March 15, the multibillion dollar Chinese company Bitmain tweeted that it was accepting orders for the Antminer X3, a $12,000 ASIC that would be good for only one thing: Mining Monero and other digital currencies secured with the same algorithm. Only two weeks later, on April 3, Bitmain announced the E3, an $800 chip made specifically for mining Ethereum. ASICs like the E3 and X3 are controversial in the cryptocurrency community. Although they are both more efficient at mining compared to graphics cards and CPUs, they are also far more expensive, in short supply, and arguably a driving force behind the centralization of computing power (and the financial rewards from mining) on cryptocurrency networks.
scambust
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April 22, 2018, 07:41:39 PM
 #18472


I think we are ASIC resistance    Grin



Byteball is not resistant, ASIC only works with Proof of Work cryptocurrency in which clearly Byteball is not. So, the apt word is incompatible. Anyway, crypto mining is unsustainable, it will be obsolete soon.

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bottacoin
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April 22, 2018, 08:14:11 PM
 #18473


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blockaudit
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April 22, 2018, 10:16:13 PM
 #18474

Quite a bit of new code from writing the client, wallet, protocol implementation from scratch... have you all put together a proper threat model, identified (and reduced) attack surface and tested a bunch of key interfaces to shake out any security related bugs yet?

Big fan of the Byteball project btw Smiley

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April 23, 2018, 07:18:38 AM
 #18475


I think we are ASIC resistance    Grin



Byteball is not resistant, ASIC only works with Proof of Work cryptocurrency in which clearly Byteball is not. So, the apt word is incompatible. Anyway, crypto mining is unsustainable, it will be obsolete soon.

Crypto mining is already obsolete, but people living in a world of dreams didn't realize it yet. It is probably destined to disappear almost completely. Not only it's energetically unsustainable, but with ASICS it ends up violating the whole idea of decentralisation which is at the basis of the concept of cryptocurrencies as a shared and distributed ledger of transactions.
Byteball is not ASIC resistant, it's ASIC indifferent, just as it's hamburger indifferent or strip-tease indifferent: you can't be resistant to a category you have nothing to do with.

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April 23, 2018, 09:32:36 AM
 #18476

Are there any plans to support a hardware wallet - Ledger or Trezor? It would be awesome to secure my Bytes.

You don't need it. Byteball has the best secured wallet on the world.

Lol. Thanks for this information, do you have any clue about hardware wallets?
I'm unlocking my Software Byteball wallet with the private key, thats one of the most insecure methods in my opinion. If I have missed something which I don't know, please tell me.

Or is it just sarcasm, then it would be really funny  Grin
Freefactomizer
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April 23, 2018, 10:32:07 AM
Merited by codemanX (1)
 #18477

Are there any plans to support a hardware wallet - Ledger or Trezor? It would be awesome to secure my Bytes.

You don't need it. Byteball has the best secured wallet on the world.

Lol. Thanks for this information, do you have any clue about hardware wallets?
I'm unlocking my Software Byteball wallet with the private key, thats one of the most insecure methods in my opinion. If I have missed something which I don't know, please tell me.

Or is it just sarcasm, then it would be really funny  Grin

You can easily set up a multi-device wallet: https://wiki.byteball.org/Wallet#Add_wallet
If you set up a 2 of 3 multi-device wallet, you need at least 2 devices to sign a transaction. Since it's unlikely that your both devices are hacked, it's a secure solution to store your bytes. And in case you lose 1 device, you can still make transaction without bothering to restore a back-up.

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kashish948
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April 23, 2018, 10:46:25 AM
 #18478

great update with the accredited investor verification for byteball icos!
codemanX
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April 23, 2018, 12:43:58 PM
 #18479

Are there any plans to support a hardware wallet - Ledger or Trezor? It would be awesome to secure my Bytes.

You don't need it. Byteball has the best secured wallet on the world.

Lol. Thanks for this information, do you have any clue about hardware wallets?
I'm unlocking my Software Byteball wallet with the private key, thats one of the most insecure methods in my opinion. If I have missed something which I don't know, please tell me.

Or is it just sarcasm, then it would be really funny  Grin

You can easily set up a multi-device wallet: https://wiki.byteball.org/Wallet#Add_wallet
If you set up a 2 of 3 multi-device wallet, you need at least 2 devices to sign a transaction. Since it's unlikely that your both devices are hacked, it's a secure solution to store your bytes. And in case you lose 1 device, you can still make transaction without bothering to restore a back-up.

Thank you for your explanation, I have not looked at it yet but I will. Let's see which devices are supported, it seems my iPhone isn't.
I would still prefer my Ledger Nano S to manage my funds, but thanks for the constructive answer.
xlcus
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April 23, 2018, 02:20:08 PM
 #18480

great update with the accredited investor verification for byteball icos!

Not great at all. No. 95 on the coinmarketcap.com. It is the response of the investors for the recent "great" updates. They voted with the sell.
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