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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1169660 times)
tyz
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September 05, 2018, 11:36:23 AM
 #20101

Does anyone know the captain of WCG's Byteball team named Papabyte?

There starts the WCG's Thor Callenge on the end of September. We are currently the 13th best team of all teams in terms of daily run time. So we have really good chances to get into the top ranks.

To participate on the callenge, the team leaders need to accept the invitation which they receive via email. I figured out that our team leader has not opt-in receiving emails on the WCG team page, so s(he) is probably not aware of the callenge.

https://www.worldcommunitygrid.org/forums/wcg/viewthread?thread=41044
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September 05, 2018, 11:45:01 AM
 #20102

2. byteball has 3 fruit and veg stores in italy using it and a piano shop- those can only afford to use mission critical working products..
It would be really good if Byteball can use the cash back program on a Chinese webshop (DealExtreme, Lightinthebox, Banggood, Miniinthebox and/or others). That will give a much larger wordwide audience. Local shops won't give exponential growth in adoption.

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September 05, 2018, 02:11:42 PM
Merited by cryptohunter (2)
 #20103

I think Tony should burn the remaining undistributed bytes.

This would:

1. Serve as a token of gratitude to everyone who has believed in the project so far.

2. End the current uncertainty about the remaining bytes. It was once crystal clear who was getting what and when. This is no longer the case.
Tony distributed bytes to BTC users in hopes it would give BB the best possible chance to succeed. Most agreed this was a sound system for multiple reasons.
After x months Tony believed continuing this process was no longer the most optimal route to gain new users. I can understand this reasoning as well.
Sidenote: I personally think he should have done this whole distribution in just 1-3 steps. Sure, repeating the percentage bonus over and over created hype. However it also further increased the gap between holders. Personally I'm not sure if the former made up for the latter.

But here we are and the distributions to BTC holders has ended. Great. I think Tony has done a fantastic job with this project so far. Now just burn the rest. Let us move forward from here knowing the distribution process has been completed. This would help making the current core of the community as happy as it can be before continuing the expansion outwards. You want us to be as motivated as possible to help you out with this expansion. You already have a great product and it's only going to get better..but you also need to preserve and encourage the community you've built so far.

I'd also support Tony taking 5% for himself instead of just 1. He could also ask for donations if he needs more bytes.
I bet a lot of people would be more than happy to send him some extra bytes if he'd just burn the rest.

// Mac
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September 05, 2018, 02:38:21 PM
 #20104

I think Tony should burn the remaining undistributed bytes.

This would:

1. Serve as a token of gratitude to everyone who has believed in the project so far.

2. End the current uncertainty about the remaining bytes. It was once crystal clear who was getting what and when. This is no longer the case.
Tony distributed bytes to BTC users in hopes it would give BB the best possible chance to succeed. Most agreed this was a sound system for multiple reasons.
After x months Tony believed continuing this process was no longer the most optimal route to gain new users. I can understand this reasoning as well.
Sidenote: I personally think he should have done this whole distribution in just 1-3 steps. Sure, repeating the percentage bonus over and over created hype. However it also further increased the gap between holders. Personally I'm not sure if the former made up for the latter.

But here we are and the distributions to BTC holders has ended. Great. I think Tony has done a fantastic job with this project so far. Now just burn the rest. Let us move forward from here knowing the distribution process has been completed. This would help making the current core of the community as happy as it can be before continuing the expansion outwards. You want us to be as motivated as possible to help you out with this expansion. You already have a great product and it's only going to get better..but you also need to preserve and encourage the community you've built so far.

I'd also support Tony taking 5% for himself instead of just 1. He could also ask for donations if he needs more bytes.
I bet a lot of people would be more than happy to send him some extra bytes if he'd just burn the rest.

// Mac

for sure ...let's all start putting pressure to go in this direction.

else like someone else suggested start pushing the cash back to some sensible online places that have some traffic and adoption.

I prefer the burn it and let tony keep 5% Idea.


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September 05, 2018, 02:44:00 PM
 #20105

Meanwhile byteball has dropped to 65;) I hope it will drop to 50.
Real14Hero
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September 05, 2018, 04:45:59 PM
 #20106

Meanwhile byteball has dropped to 65;) I hope it will drop to 50.
I dont know when will this stablize or if it will stablize or not.

Its really really sad to see decline of such a nice project and this now makes it look like a scam. Good for people who sold it when the price was 10x.


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barborrico
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September 05, 2018, 04:49:39 PM
 #20107

You can't treat every byte as if it were gold, while ignoring reality. I know the awesome tech behind them, but, well, that does not guarantee mass adoption, see VHS vs beta...

But don't worry guys, when bytes would be being distributed faster than now (due to lower price), then magically all distributions will be capped.

The only thing I like of this kind of "distribution": tied to $ value.
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September 05, 2018, 04:50:37 PM
 #20108

any changes with byteball bot wcg? 2 days without rewards  Wink thanks for explain

Yes, there were no payouts for 2 days but 8 hours ago a payment came into my wallet from the wcg bot.

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operabit
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September 05, 2018, 05:25:13 PM
 #20109

Meanwhile byteball has dropped to 65;) I hope it will drop to 50.
I dont know when will this stablize or if it will stablize or not.

Its really really sad to see decline of such a nice project and this now makes it look like a scam. Good for people who sold it when the price was 10x.

Actually, from the supply that has been made, it seems that the price will go where, but what happens is beyond expectations. Byteball should be more than $ 100 and survive, but instead follow the current market turmoil.
slavino
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September 05, 2018, 05:33:59 PM
 #20110

how can i to send GBYTE to bitrrex when doesnt working QR scanning wallets address on bittrex? any help? just manually write? blah
LoyceV
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September 05, 2018, 05:41:21 PM
 #20111

I think Tony should burn the remaining undistributed bytes.
I don't agree. Look at Stellar Lumens for example, another coin I received through airdrops. I got them around the same time as the Byteball airdrops, and both coins had about the same market cap.
Stellar went up, Byteball went down. Stellar's market cap is now almost 100 times larger than Byteball's market cap, while less than 20% of all XLM has been distributed.

All Byteball needs to do is "catch on", and it can easily go 100x or more. But since I've been hoping for that, only the opposite has happened.
Undistributed funds that can be used for promotions are still an edge.

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September 05, 2018, 06:12:09 PM
 #20112

how can i to send GBYTE to bitrrex when doesnt working QR scanning wallets address on bittrex? any help? just manually write? blah

Three steps:

1. on bittrex.com, click on COPY next to your deposit address
2. go to http://goqr.me/, write 'byteball:' into the text field and paste your address right after that
3. scan the qr code shown on the right with your wallet to send Bytes to Bittrex

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Obyte - An open cryptocurrency platform ready for real world adoption
LoyceV
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September 05, 2018, 06:18:35 PM
 #20113

1. on bittrex.com, click on COPY next to your deposit address
2. go to http://goqr.me/, write 'byteball:' into the text field and paste your address right after that
3. scan the qr code shown on the right with your wallet to send Bytes to Bittrex
4. Check if the address is the same as you expected! Don't trust online QR-code generators when it comes to crypto.

TobiWan
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September 05, 2018, 07:33:09 PM
 #20114

Something is wrong with beeb. I sent some bytes an hour ago and still didn't received my blackbytes...
meterse
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September 05, 2018, 10:55:46 PM
 #20115

Something is wrong with beeb. I sent some bytes an hour ago and still didn't received my blackbytes...

delays sometimes happen. if you still havent got them please post in the #beeb channel on Byteball Slack
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September 05, 2018, 11:40:59 PM
 #20116

Something different, hold on.

Thanks to Byteball Community member Fabien who has released the beta of Byteball.js.

Byteball.js is a JavaScript library that allows you to interact with a Byteball node. It was designed to work both in the browser and in Node.js:

https://steemit.com/utopian-io/@fabien/byteball-js-the-javascript-library-for-byteball-is-out

Amazing work.  Cool
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September 06, 2018, 01:00:37 AM
 #20117

Something different, hold on.

Thanks to Byteball Community member Fabien who has released the beta of Byteball.js.

Byteball.js is a JavaScript library that allows you to interact with a Byteball node. It was designed to work both in the browser and in Node.js:

https://steemit.com/utopian-io/@fabien/byteball-js-the-javascript-library-for-byteball-is-out

Amazing work.  Cool
I dont know why but I beleive that this work has come up pretty late.
The coin is next to dead now and i wont be surpised if the price sinks down 50x times now.
A new pathbreaking tieup or a different innovation is required for adoption of byteball by masses.


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meterse
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September 06, 2018, 03:43:36 AM
 #20118

Something different, hold on.

Thanks to Byteball Community member Fabien who has released the beta of Byteball.js.

Byteball.js is a JavaScript library that allows you to interact with a Byteball node. It was designed to work both in the browser and in Node.js:

https://steemit.com/utopian-io/@fabien/byteball-js-the-javascript-library-for-byteball-is-out

Amazing work.  Cool
I dont know why but I beleive that this work has come up pretty late.
The coin is next to dead now and i wont be surpised if the price sinks down 50x times now.
A new pathbreaking tieup or a different innovation is required for adoption of byteball by masses.

FUD from someone that knows nothing about Byteball and is being paid for his signature ICO shitcion
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September 06, 2018, 06:19:49 AM
Merited by tyz (3)
 #20119

Does anyone know the captain of WCG's Byteball team named Papabyte?

There starts the WCG's Thor Callenge on the end of September. We are currently the 13th best team of all teams in terms of daily run time. So we have really good chances to get into the top ranks.

To participate on the callenge, the team leaders need to accept the invitation which they receive via email. I figured out that our team leader has not opt-in receiving emails on the WCG team page, so s(he) is probably not aware of the callenge.

https://www.worldcommunitygrid.org/forums/wcg/viewthread?thread=41044




We’re in: https://www.worldcommunitygrid.org/forums/wcg/viewpostinthread?post=593172

Start is on 24 September.

Now let’s get the old computers from the basement to ramp up the crunching!

 Cheesy  Cheesy  Cheesy

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September 06, 2018, 06:33:40 AM
 #20120

Hey Guys,
 New to the community here,two quick questions:

1. Is there a SECURE paper wallet generator for main net (or will there be?).
2. Besides the seed, what else do you need to back up to create a back up? And how/where do you do it?

Thank you,
    Pablo.

There is no paper wallet generator yet.
The seed is not enough because blackbytes are stored only on your devices, not in the public database.
For both backup and security, set up multisig wallet with redundancy, 2-of-3 is best if you have 3 devices on platforms that we support.

Hey,
  Thanks for getting back. Just to be clear, if I do not have any black byte TX's the seed is enough to back up all my regular TX's from device to device?
It would be enough if we had an easy way to import the seed.

Quote
Am I understanding correctly that in the case of blackbytes your solution is to have redundant access?
Correct.

Quote
Final question: Do you plan to have a marketplace by the December 25th launch, or will trades be OTC? I am interested in acquiring some if possible but I do not invest in BTC, only altcoins,.
About exchanges, not clear yet.  I'll announce if there are any confirmed agreements with exchanges.


Thanks for helping me out.

So currently how would you import the seed? Is it hard or impossible? I am trying to gauge how to secure my investment on release as I am not convinced by the redundant access theory TBH. A secure paper wallet generator would really solve most of my issues.

Thank you for you time Smiley.

Pablo.

It is possible but rather involved.
One way to restore from the seed is by installing the headless wallet https://github.com/byteball/headless-byteball.  It stores the seed in a file keys.json in its data directory.  Run the wallet once to see the format of the file (it'll generate new keys the first time it runs), then delete all data and recreate keys.json from your saved seed.  It should see the balance, then you can move the entire balance from the headless to a GUI wallet via chat commands.

Hello Mr. Tony. It's been a while since you posted this, but I am having a similar issue to the OP; I have two questions:

Since this case, has the GUI version changed to include the seed being written to keys.json in the main directory? Does this need to be done with the headless wallet?

I am trying to install this on a Mac, but I can't find node.js anywhere; am I missing something? Your help would be great, Restore-from-seed option is giving me pesky error "NO ACTIVE ADDRESSES FOUND". :|
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