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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1168431 times)
bitcointrader56
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June 01, 2018, 10:59:04 AM
 #19161

 I think Byteball should partner with more universities. Students are the entrepreneurs of tomorrow.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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vandung_quangtri
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June 01, 2018, 11:05:45 AM
 #19162

I think Byteball should partner with more universities. Students are the entrepreneurs of tomorrow.
Especially in the their world, developing countries. There are lots of talented guys in those places who can change the world entirely.
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June 01, 2018, 12:24:26 PM
 #19163

hi, I need help. I sent bytes from one wallet to another and the bytes never arrived. what should I do?

Have you checked in the explorer https://explorer.byteball.org? Do you see your bytes anywhere? Maybe you mistyped the destination address.

Alcibiades Agnes
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June 01, 2018, 01:52:17 PM
Last edit: June 01, 2018, 02:06:46 PM by Alcibiades Agnes
 #19164

BYTEBALL
 is
Disrupting the Disrupters:
Will DAG Become Better Alternative Solution to Blockchain?



"Though one cannot avoid the fact that there are more developers on the Blockchain side, the need of a robust system in cryptocurrencies like DAG are attempting to disrupt the very technology that is disruption the world of secure digital transaction blockchain’s enterprise vision is based on."

http://www.iotevolutionworld.com/iot/articles/438280-disrupting-disrupters-will-dag-become-better-alternative-solution.htm
harnorno2
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June 01, 2018, 01:58:20 PM
 #19165

hi, I need help. I sent bytes from one wallet to another and the bytes never arrived. what should I do?

Transaction should be instant in the GBYTE application. Did you send to the correct address?

I assume that you are using a mobile operating system, try to close the entire app, clear any background applications, and let your GBYTE application sync again!
meterse
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June 01, 2018, 05:15:26 PM
 #19166

Watch Masha trying to buy crypto on her own for the first time https://buff.ly/2He9ZLE  Leave a comment on Youtube - do you think she will manage to buy Bytes? Maybe crypto is not as easy as those knee deep in the crypto world like to tell everyone
raoulsergia
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June 01, 2018, 08:31:16 PM
 #19167

Hi byteball team,
Is there any plans to list black bytes in any exchange ? I have bought many of it from a friend who was selling it for cheap, now I am not sure how to sell it myself.
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June 02, 2018, 12:34:40 AM
 #19168

Are you still bothering to run your WCG software in the mean time, or you just holding off?
Yes of course I am... As far as I'm concerned, the Byteball rewards from running WCG are secondary. I already had WCG running prior to the Byteball team setting up the WCG bot... and besides, the rewards don't even recover the electricity used, but my computer is on 24/7 and I spend large amounts of time not using it... so why not help out for a good cause? Wink


Is there any plans to list black bytes in any exchange ? I have bought many of it from a friend who was selling it for cheap, now I am not sure how to sell it myself.
The whole point of BlackBytes are that they are an anonymous P2P system of payment... you can't put them on an exchange. If you want to sell them, use one of the bots in the wallet ("Chat" -> "Bot Store")...

There is "BEEB" aka "Blackbytes Escrow Exchange Bot"... or "FreeBe" aka "Blackbyte Exchange"... Either one will let you convert GBB to GB... you can then sell GB using one of the other exchange bots, or send to a centralised exchange like Bittrex

btcsmlcmnr159
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June 02, 2018, 03:09:04 AM
 #19169

The price chart of Byteball shows that it has almost hit the latest bottom.
Please check it there if you interested:
https://coinmarketcap.com/currencies/byteball/
It means Byteball come closer to the point from which it bounce back.
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June 02, 2018, 05:26:53 AM
 #19170

I think Byteball should partner with more universities. Students are the entrepreneurs of tomorrow.
Especially in the their world, developing countries. There are lots of talented guys in those places who can change the world entirely.

yes, what byteball did in venezuela is amazing and the right step to get more people involved. universities in general and the departments who teach technology and finance should have cryptocurrencies and the blockchain technology as a topic by now. the future of money is already happening.
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June 02, 2018, 10:40:47 AM
 #19171

The WCG bot cannot access the WCG stats page at the moment. The GDPR caused them to close access to their api. Byteball already applied for a token that allows access but it's still pending. The bot will catch up when access is restored, so just keep crunching, guys :-)
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June 02, 2018, 12:34:08 PM
 #19172

Monero, Zcash and Dash are being delisted from Coincheck under pressure from Japanese authorities. An opportunity for Blackbytes?

https://medium.com/@byteballjesus/monero-zcash-and-dash-are-being-delisted-under-pressure-from-japanese-authories-a8933cf4736a


lots of exchanges will avoid this kind of coins... lets see when they come back with a big plan
Alcibiades Agnes
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June 02, 2018, 03:06:30 PM
 #19173

The WCG bot cannot access the WCG stats page at the moment. The GDPR caused them to close access to their api. Byteball already applied for a token that allows access but it's still pending. The bot will catch up when access is restored, so just keep crunching, guys :-)

byteball bytes distribution to WCG must be stoped and refocus the distribution to the USE-A-THON to universities around the world, especially more venezuelan universities, institutes, business organization.  Venezuela need many money exchanges house ...

VENEZUELA BYTEBALL IS WITH YOU
Alcibiades Agnes
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June 03, 2018, 03:18:23 AM
 #19174

Disrupting the Disrupters: Will DAG Become Better Alternative Solution to Blockchain?

The distributed ledger technology-directed acyclic graph (DAG) has the potential to eliminate the drawbacks of Blockchain, which has gained immense popularity over the last few years.

Just when we thought we had only entered the beginning of the “hype cycle” for blockchain being used to secure networks, devices and applications, DAG fans are saying blockchain could be easily disrupted by this alternative approach.

In an alternative DAG system, there are no blocks and miners. Users can confirm each other’s transactions through a process that involves confirmation of previous transactions with each new transaction. As there are no blocks, block size is no more an issue and hence, the block scaling debate seen in cryptocurrencies such as Bitcoin no more exist.

Instead of having mining firms confirming transactions via proof of work, DAG exercises the transactions made by users to confirm each other’s transactions. As DAG is a peer-confirming system, it can address some limitations of blockchain technology, for example:

Improved Reliability – The DAG system provides multiple confirmations of transactions. This leads to an improved level of security and decreased possibility of double-spending, compared to transactions made on the blockchain.
Simplified Mining – Blockchain cryptocurrency (Bitcoin) mining has led to an oligopoly issue. Much of mining power is sent to mining pools and by joining it, miners considerably increase their chance of profitability. This leads to a centralization which directly breaks the main principle of cryptocurrencies.
Blockchain-free solutions such as DAG solve this issue.  DAG presents less power in a technological sense to miners as individual transactions are coupled with the speed at which transactions are processed.
Increased Speed – low speed challenges are said to be solved by DAG by confirming transactions on a transaction to transaction basis instead of a block to block basis.
In other words, rather than waiting to process a large transaction block, DAG allows users to process each other’s transactions on a micro scale – leading to lowered transaction costs and faster transaction times.

Several other shortcomings of Blockchain addressed by DAG are decentralization of mining which was highly awaited due to difficulties caused by centralization of mining.

And while scale for blockchain may not be a technical challenge today, as transaction volumes increase, hardware may face computational limitations.

To create an ecosystem where transactions happen regularly, it is very important to have low or no transaction fees. Disrupters like IOTA offer zero transaction fees, which could prove valuable particularly when it comes to Internet of Things (IoT) integration.

IOTA uses a mechanism called “Tangle” whose mission is to be the backbone of IoT and to accelerate the proliferation of “The Economy of Things” concept in the market.

ByteBall is working on a non-blockchain smart payments network.

DagCoin is considered by some to be the fastest and scalable network with very low transaction fees.

Though one cannot avoid the fact that there are more developers on the Blockchain side, the need of a robust system in cryptocurrencies like DAG are attempting to disrupt the very technology that is disruption the world of secure digital transaction blockchain’s enterprise vision is based on.

DAG fans are saying blockless distributed ledgers will be the new standard in cryptocurrencies as more and more systems developers become aware.

Will DAG be the future for cryptocurrency? We’ll continue to follow this space.

http://www.iotevolutionworld.com/iot/articles/438280-disrupting-disrupters-will-dag-become-better-alternative-solution.htm
StandingTall
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June 03, 2018, 09:32:15 AM
 #19175

Disrupting the Disrupters: Will DAG Become Better Alternative Solution to Blockchain?

~
I strongly believe it will be a hot trend in crypto ecosystem this year.
If it will really happen, Byteball will fly over the Moon this year.
DAG is one of the most amazing characteristics of Byteball network, at least in terms of technical aspects.

EOS is stealing all the hype at the moment and if EOS platform will work without major bug/problem there's not much DAG can do that EOS can't. The more I look into EOS the more I like the "delegated" part of its proof of  stake design because it solves the cartelisation problem that is unfortunately present in Byteball.

In EOS there are "block producers" and in Byteball there are witnesses (they both serve similar purpose). The "delegated" part of EOS's POS means that users vote with native currency who is the "block producer". If some or even all block producers start to misbehave they can be replaced quickly by this voting mechanism.

In Byteball there's no such mechanism (yes, I know we can change ONE witness but that's not the solution to the cartel situation). If witnesses form a cartel the system is f***ed and the whole thing needs to fork/schism which is very damaging.

Additionally the much hyped scalability of DAG has not been proven yet. Recent stress tests of Byteball showed that it scales to max. 15 tps and how it scales above that is anybody's guess because the code has not been written yet and it is just a promise. We don't know how far it can scale beyond that.

Chancellor on brink of second bailout for banks
mr.Belyavski
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June 03, 2018, 10:02:32 AM
 #19176

Please tell me, is there any main difference between your project and other competitors in the same field? A brief difference if can be? Thank.

SOVREN  ─────  Trade. Pay. Borrow. Play.
Blockchain Innovation for Securities Markets
          [  https://sovren.app/  ]
scambust
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June 03, 2018, 10:07:20 AM
 #19177


Additionally the much hyped scalability of DAG has not been proven yet. Recent stress tests of Byteball showed that it scales to max. 15 tps and how it scales above that is anybody's guess because the code has not been written yet and it is just a promise. We don't know how far it can scale beyond that.

To me, it's obvious that the DAG design is far more efficient in keeping decentralized records - in theory it looks good. Of course the developers have to hone it to make it work as intended. The Wright brothers were preceded by a lot of failed attempts but all had the base theory of flying.
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June 03, 2018, 10:19:10 AM
 #19178

What is the best exchange to buy Blackbytes?
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June 03, 2018, 12:35:48 PM
 #19179

What is the best exchange to buy Blackbytes?

Bittrex, if you are willing to do a verification first.
Otherwise I made good experience with cryptopia.co.nz as well, although the Byteball trading volume there has recently been decresed.
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June 03, 2018, 02:48:30 PM
 #19180

I tried the Altcoin Byteball Exchange Bot yesterday but no luck in having my funds swapped. Any news?
Quoting myself, does anybody know anything about it? thanks

I am not interested in preserving the status quo; I want to overthrow it. Niccolò Machiavelli
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