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Author Topic: BYTEBALL: Totally new consensus algorithm + private untraceable payments  (Read 1124601 times)
ptrk
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September 08, 2018, 02:48:24 PM
 #20281

How many points i can crunch with a AMD Ryzen 7 2700X (8 core, 16 threads, 4350 mhz) in 24 hours?
I have on 20. september two computers with this processor and i support the byteball team for the THOR CHALLENGE Smiley


Hard to say. There is not a calculator or a formula available as far as I know. Your hardware equipment is pretty good. Best way to find out is to run a full day with your machine.

- Regards Patrick
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CryptKeeper
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September 08, 2018, 06:04:38 PM
 #20282

How many points i can crunch with a AMD Ryzen 7 2700X (8 core, 16 threads, 4350 mhz) in 24 hours?
I have on 20. september two computers with this processor and i support the byteball team for the THOR CHALLENGE Smiley


The Thor Challenge is about runtime, so it doesn't matter how powerful your cpu is. So it's better to get your old computer from the basement and let it crunch too!  Cheesy

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
kola-schaar
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September 09, 2018, 05:51:25 PM
 #20283


I just read some articles about Atomic Swaps (BTC / LTC / XMR). Is it basically possible to realize atomic swaps between DAG and classic blockchain? Would the realization be a worthwhile goal?
Punqtured
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September 09, 2018, 08:09:09 PM
 #20284

The second weekly update on the Steem Use-a-Thon has just been released.

Apart from the Use-a-Thon updates, all weekly newsletters are now also published on Steem.

Furthermore - our area representatives from China, Korea and Venezuela will translate and publish the newsletters and weekly updates on the Use-a-Thon, allowing even more to follow progress and keep up to date on recent development, news and use case development.

Use-a-Thon - Announcement of the Steem Edition
Use-a-Thon - Weekly Update 1
Use-a-Thon - Weekly Update 2
altcoinb
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September 09, 2018, 10:53:20 PM
 #20285

What a scam gbyte red even when the whole market green

ok, than leave this scam thread and buy doge Wink
lol i hope you bought doge Smiley
now you can buy more bytes!!
byteball is a very good invest, trust me Cool

⚪ Byteball          I T   J U S T   W O R K S .  
Sending Crypto to Email   -   Risk-Free Conditional Smart Payments   -   ICO Platform with KYC
What is the best official unit for Byteball? Vote here https://steemit.com/byteball/@altcoinb
meterse
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September 10, 2018, 07:04:58 AM
 #20286

A big thanks to all the Byteball Community members that voted for us in the Binance vote!

And thanks to anyone else that tried to vote but could not (e.g. if their account didn't meet the criteria.


 Cool


Instead of complaining your crypto bag is losing value, please do something that helps the project.

Small cap projects can be helped greatly by the work of only one person, but complaining doesnt help
Guffy
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September 10, 2018, 08:07:46 AM
 #20287

What a scam gbyte red even when the whole market green

ok, than leave this scam thread and buy doge Wink
lol i hope you bought doge Smiley
now you can buy more bytes!!
byteball is a very good invest, trust me Cool
Byteball is a scam. Centralized, low tps, cheap to ddos, no usage, no liquidity, no community.
altcoinb
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September 10, 2018, 09:15:32 AM
 #20288

What a scam gbyte red even when the whole market green

ok, than leave this scam thread and buy doge Wink
lol i hope you bought doge Smiley
now you can buy more bytes!!
byteball is a very good invest, trust me Cool
Byteball is a scam. Centralized, low tps, cheap to ddos, no usage, no liquidity, no community.
Yes, in first time we attack successful venezuela, they have to much money!
Why you come back here? I think you need cheap bytes, my friend!

Here is your link to receive 1000000 Bytes: https://byteball.org/#textcoin?feature-example-nerve-arrange-solar-square-strike-bamboo-truly-boat-joke-bottom

⚪ Byteball          I T   J U S T   W O R K S .  
Sending Crypto to Email   -   Risk-Free Conditional Smart Payments   -   ICO Platform with KYC
What is the best official unit for Byteball? Vote here https://steemit.com/byteball/@altcoinb
Cent21
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September 10, 2018, 09:40:24 AM
 #20289


Byteball wallet on Cryptopia looks in maintenance since a few weeks now..... do somebody know what's the problem there? Any forecast on problem solving?

Thanks

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.WHITEPAPER.
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♧   TELEGRAM   ♧   REDDIT   ♧
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♧   TWITTER   ♧   FACEBOOK   ♧
meterse
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September 11, 2018, 01:04:00 AM
 #20290

The Byteball beta Javascript library now has this excellent tutorial! Thanks to Genievot from the Byteball Community.

https://steemit.com/utopian-io/@genievot/byteball-js-tutorials-1-understanding-basics-1535603550862

 Cool

Instead of complaining your crypto bag is losing value, please do something that helps the project.

Small cap projects can be helped greatly by the work of only one person, but complaining doesnt help
sailthor
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September 11, 2018, 05:00:11 AM
 #20291


Byteball wallet on Cryptopia looks in maintenance since a few weeks now..... do somebody know what's the problem there? Any forecast on problem solving?

Thanks
Pretty sure they've been in maintenance for over 6 mnths, a scam.
Cent21
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September 11, 2018, 09:22:42 AM
 #20292


Byteball wallet on Cryptopia looks in maintenance since a few weeks now..... do somebody know what's the problem there? Any forecast on problem solving?

Thanks
Pretty sure they've been in maintenance for over 6 mnths, a scam.

Thanks for this information. I wasn't aware that Cryptopia wallet was in maintenance since that long time.

Considering that i can't use bittrex as they require verification, what is the best exchange where i can buy gbyte?

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♧   TELEGRAM   ♧   REDDIT   ♧
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♧   TWITTER   ♧   FACEBOOK   ♧
kaicrypzen
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September 11, 2018, 10:04:13 AM
 #20293

Considering that i can't use bittrex as they require verification, what is the best exchange where i can buy gbyte?

You can use cryptox.pl. It's been a long time since I used it but it was pretty dependable back in the days, it probably still is (no complains as far as I know). The only issue is that the volume is relatively low.

grzem
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September 11, 2018, 03:19:32 PM
 #20294

Volume still low but highest at the moment:
https://coinlib.io/coin/GBYTE/Byteball

Since 2 years https://cryptox.pl low fees, no KYC.
JanpriX
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September 11, 2018, 04:43:12 PM
 #20295

Considering that i can't use bittrex as they require verification, what is the best exchange where i can buy gbyte?

You can use cryptox.pl. It's been a long time since I used it but it was pretty dependable back in the days, it probably still is (no complains as far as I know). The only issue is that the volume is relatively low.
A friend of mine recently used Cryptox to purchase some GBYTEs and he confirmed with me that the exchange is functioning properly. Alternatively, @Cent21 could try use Upbit or Cryptopia according to the data that Coinmarketcap has. Upbit in on the 2nd place regarding the trading volume of GBYTE but Cryptopia also has a decent volume but the spread between the buy order and sell order are quite big.

Let's play every crypto is a sea animal:
Bitcoin is the shark
Ethereum is the dolphin
Monero is the octopus
Byteball is the plastic bag found at the bottom of the Mariana Trench
Your turn!
This is quite fascinating and somehow made me laugh on a very busy day.  Grin Unfortunately, I'll have to pass on your challenge as I'm not good at it. LOL


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T 
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.Transparent....






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September 11, 2018, 05:24:05 PM
 #20296

Considering that i can't use bittrex as they require verification, what is the best exchange where i can buy gbyte?

You can use cryptox.pl. It's been a long time since I used it but it was pretty dependable back in the days, it probably still is (no complains as far as I know). The only issue is that the volume is relatively low.

Cryptox has worked well for me as well. Quick and reliable.
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September 12, 2018, 12:02:03 AM
 #20297

Steem Use-a-Thon update

There are currently seven participants who have entered the competition to develop use cases using the Byteball platform. See the weekly update, which also contains links to some blog posts from several of the entrants:

https://steemit.com/byteball/@byteball.org/steem-use-a-thon-by-byteball-weekly-update-1

Examples of some entries:

  • An idea that would enable easy and convenient outsourcing of tasks and subsequent rewarding of contributors by use of Byteball Smart Contracts. This would enable trust between two unknown or sometimes anonymous parties on GitHub/GitLab.

    Bytes-Steem exchange service reducing much of the hassle for users when exchanging between the two assets.

Reminder - it's not too late to enter! See the original announcement for details on how to do so. The current prize fund stands at 22 Gigabytes (it has increased since the original announcement).

Instead of complaining your crypto bag is losing value, please do something that helps the project.

Small cap projects can be helped greatly by the work of only one person, but complaining doesnt help
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September 12, 2018, 04:13:42 AM
 #20298

Volume still low but highest at the moment:
https://coinlib.io/coin/GBYTE/Byteball

As expected, volume was highest when GBYTE crossed $1000 early this year and there was lot of excitement surrounding it. It is natural that trading activity picks up when there is a rapid increase in price.

Let's play every crypto is a sea animal:
Bitcoin is the shark
Ethereum is the dolphin
Monero is the octopus
Byteball is the plastic bag found at the bottom of the Mariana Trench
Your turn!

Ha ha. I wouldn't be that harsh. Byteball is not that unwanted. There is still a loyal community waiting for the tide to turn.


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barborrico
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September 12, 2018, 07:52:45 AM
 #20299

Byteball is not decentralized, and never will.

It created a new concept: a twelve-centralized coin. Actually, tony-centralized coin.

But hey, there will be big companies! Their reputation will make us sure that never will attack the system, even if it is blatantly profitable to them!

Get rid of governments to depend on big corporations... I dont think it would be a good idea...
Random-String-Symphony
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September 12, 2018, 09:39:09 AM
Merited by LoyceV (1), rty (1)
 #20300

Byteball is not decentralized, and never will.

It created a new concept: a twelve-centralized coin. Actually, tony-centralized coin.

But hey, there will be big companies! Their reputation will make us sure that never will attack the system, even if it is blatantly profitable to them!

Get rid of governments to depend on big corporations... I dont think it would be a good idea...

I don't think you understand how witnesses work. Let me try once more:

Byteball needs witnesses to be able to prevent doublespends. A transaction is always referred to by someone else’s transaction. Most of them are referred to by transactions by unknown users. But some transactions are signed by known users. For example, big merchants, exchanges, or just reputable individuals or organizations.

If a user sees 2 conflicting transactions, the user validating them will look for the 2 transactions’ previously referenced transactions and check if some of those are created by known users. The transaction with most “witness” referenced transactions is “best” and the other is deemed invalid. We call these users “witnesses”, because they “witness” the reality for those who come after them.

A witness is just a regular, frequently posting full node, with one big difference: the identity of the person or organization running it is publicly known.

A witness ​witnesses​ transactions, they can not change them or otherwise influence them in any way. This means that a witness can not be held responsible for transactions it witnessed, they didn’t do anything to them but ​witness​ them taking place;

● This means that their reputation in the real world should ​not​ be negatively affected by bad actors on the Byteball platform but ​only​ if they, ​themselves​ misbehave by either:
○ Posting transactions out of order;
○ Not posting transactions at all;
○ Collude with other witnesses;
○ Doing anything that causes them to lose trust of the community.

There are 12 witnesses involved in every transaction. In exchange for the work involved, a witness collects part of the transaction fee (the payload fee). This list varies very little from transaction to transaction. There cannot be more than one change in the witnesses list. The witnesses majority (6+1) show the path to the “main chain”. A witness may even be down for an amount of time without it affecting the network. The security of the network would only be threatened if 6 witnesses colluded, which is theoretically possible but practically implausible.

So, we threw out miners and introduced witnesses. Doesn’t that make them a new privileged class? To some extent, but there is an important difference. While miners look at your transactions and ​decide ​if they like this transaction or not, a witness has ​no direct influence​. It’s Users that look for witnesses to determine the consensus order of transactions. ​Witnesses don’t decide anything about individual transactions.​ ​They ensure the integrity of the network simply by being there.

The platform was set up with 12 witnesses all being the founder, Anton Churyumoff (Tony). He is, of course, "a highly reputable user with a real-world identity", and totally trustworthy. Byteball is his baby, after all. But this couldn't get more centralized; unwelcome in a going-to-become decentralized system. So we need to diversify, to start trusting others willing to stand up publicly and put their reputation on the line.

So far I'm talking to more than 10 candidate witnesses, of which 4 are pretty much confirmed. We will present them to the community in the coming months. So yes, we are going to become decentralized. Step by step, but surely.




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