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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1165405 times)
iphmp159
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September 21, 2018, 03:41:33 PM
 #20241

Today is a good day for altcoins with considerable rises.
However, I won't sell any bytes because I have strong belief on Byteball team.
The project can moving higher, much higher.
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jwinterm
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September 21, 2018, 04:45:30 PM
 #20242

Today is a good day for altcoins with considerable rises.
However, I won't sell any bytes because I have strong belief on Byteball team.
The project can moving higher, much higher.

Dude, byteball is down versus BTC.

And since meterse deleted my comment from the ico thread I'll repeat it here: with daily volume of 8 BTC across all exchanges you couldn't run an ico for a lemonade stand. It's a joke to promote byteball as an alternative ico platform (whatever you think of ico offerings in general) when you can round down the trading volume to zero.
pineapple express
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September 21, 2018, 05:15:57 PM
 #20243

Today is a good day for altcoins with considerable rises.
However, I won't sell any bytes because I have strong belief on Byteball team.
The project can moving higher, much higher.

Dude, byteball is down versus BTC.

And since meterse deleted my comment from the ico thread I'll repeat it here: with daily volume of 8 BTC across all exchanges you couldn't run an ico for a lemonade stand. It's a joke to promote byteball as an alternative ico platform (whatever you think of ico offerings in general) when you can round down the trading volume to zero.
In addition, you can't build a dapp on a centralized platform. Byterball will continue to decline even in the bull market
tyz
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September 21, 2018, 08:18:14 PM
 #20244

Fellow cruncher - ramp up for the Thor Challenge!

Not on the team yet? Read the details and join other 875 Byteballers to compete and win!


https://steemit.com/byteball/@byteball.org/byteball-competes-in-world-community-grid-s-thor-challenge
It is too complicated to meet requirements to join, but I will try to read them more carefully to see how qualified I am to apply for joining.
Thor Challenge might be a good chance to contribute to Byteball project, a community-supported opportunity.

Which requirements? You do not need to meet any requirements in order to join. You only need a PC or laptop  Wink

Here is a step-by-step tutorial drafted by me
https://bitcointalk.org/index.php?topic=3710733.msg36868308#msg36868308
goldart
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September 22, 2018, 02:05:26 AM
 #20245

Today is a good day for altcoins with considerable rises.
However, I won't sell any bytes because I have strong belief on Byteball team.
The project can moving higher, much higher.

Dude, byteball is down versus BTC.

And since meterse deleted my comment from the ico thread I'll repeat it here: with daily volume of 8 BTC across all exchanges you couldn't run an ico for a lemonade stand. It's a joke to promote byteball as an alternative ico platform (whatever you think of ico offerings in general) when you can round down the trading volume to zero.
there are always many whales, who want to manipulate price movements, it's normal to see byteball price get remains at low price range although it has potential.
phanphanphuyen
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September 22, 2018, 04:50:36 AM
 #20246

there are always many whales, who want to manipulate price movements, it's normal to see byteball price get remains at low price range although it has potential.
The point is which ones are the main reasons of manipulation?
Answer the question correctly will tell us everything.
No need to hurry, worry and fall into panic sells or deeply depression.
Byteball is a good project and the price will recover soon.
jjacob
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September 22, 2018, 06:25:17 AM
 #20247

Today is a good day for altcoins with considerable rises.
However, I won't sell any bytes because I have strong belief on Byteball team.
The project can moving higher, much higher.

Dude, byteball is down versus BTC.

And since meterse deleted my comment from the ico thread I'll repeat it here: with daily volume of 8 BTC across all exchanges you couldn't run an ico for a lemonade stand. It's a joke to promote byteball as an alternative ico platform (whatever you think of ico offerings in general) when you can round down the trading volume to zero.

I am always against moderated threads. Byteball's volume definitely is low, but that can change. I wouldn't call that a disadvantage which would cripple the ecosystem.
Altcoins are not up against BTC. It is just Ripple which is up. That is the reason for the decrease in Bitcoin dominance.


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crypto_dau
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September 22, 2018, 07:59:56 AM
 #20248

To be honest, I sold my Byteball around .023 BTC about 5 or 6 months ago. how lucky I was?
And the price chart gives me greedy feeling to buy them back
https://coinmarketcap.com/currencies/byteball/
Why not buy more, especially cheap coins, at the moment?
Kavallo
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September 22, 2018, 10:20:44 PM
Merited by European Central Bank (1)
 #20249

To scale down the denomination of Byteball on exchanges (from Gigabytes to Megabytes or lower) has been debated for a while now, mainly for reasons of marketing. But someone has pointed out that there are deeper reasons for doing that: to define a Byteball unity as 1 Gigabyte would be like defining an unity of dollar as 1 Million $. Of course this does not make any sense if you are looking for mass adoption, like Byteball is:

Ordinary investors don't really think that deeply. A lot of them just go out and buy the cheapest coin they can find, hoping it will explode like Bitcoin. We need those investors, just like we need the true believers of Byteball.
Denominating GB as the basic unit of Byteball ensures that they pass on.

You are sharing my same opinion without fully realizing it. In fact, not many of the community seem to have understood my post. As soon as you post something just a bit out of the usual common places and stereotypes people look at you as a fool (or an hopium smoker). Even here in the crypto world. Even here in the Byteball community. Sad.

I disagree about needing to change the denomonation. 1 bitcoin is a large sum of money but that doesn't do it any harm. The unit of GByte is quite convenient and nowhere near as big an amount as 1 bitcoin. The denomination is not the problem. If the price rises to millions of dollars we seemlessly start quoting in lesser amounts. Its no big deal, when theres a need.

Quote
A lot of them just go out and buy the cheapest coin they can find, hoping it will explode like Bitcoin. We need those investors, just like we need the true believers of Byteball.

This is true, we need those investors. The distribution has chased those investors away. For the time being. Savvy investors who like byteball will not buy now they will wait until the distribution is ending. There is no incentive to invest now while supply still needs to increase by 30 to 40% Or they give up bored if it becomes the never ending story.

Some people don't really get it. The only reason people buy Bitcoins is because they hope to sell it 10X or 100X higher. They consider it a store of value which possibly can make them rich.
Byteball is supposedly aiming to become a form of money people can actually use. Widespread adoption is the mission. For that purpose the base unity you are using to count the currency must be an everyday life quantity. Gigabytes are the "million of dollars" of Byteball - that doesn't make any sense for a currency you are actually planning to use. You need to scale it down.
Or perhaps the mission instead IS to make Byteball a store of value like Bitcoin. Then this should be stated clearly. But I don't think Tony is thinking like that, which is good, because what the world need is a cryptocurrency people can actually easily use. As a store of value, Bitcoin is already enough.

⚪ Byteball          I T   J U S T   W O R K S .   
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afbitcoins
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September 22, 2018, 10:42:07 PM
 #20250

To scale down the denomination of Byteball on exchanges (from Gigabytes to Megabytes or lower) has been debated for a while now, mainly for reasons of marketing. But someone has pointed out that there are deeper reasons for doing that: to define a Byteball unity as 1 Gigabyte would be like defining an unity of dollar as 1 Million $. Of course this does not make any sense if you are looking for mass adoption, like Byteball is:

Ordinary investors don't really think that deeply. A lot of them just go out and buy the cheapest coin they can find, hoping it will explode like Bitcoin. We need those investors, just like we need the true believers of Byteball.
Denominating GB as the basic unit of Byteball ensures that they pass on.

You are sharing my same opinion without fully realizing it. In fact, not many of the community seem to have understood my post. As soon as you post something just a bit out of the usual common places and stereotypes people look at you as a fool (or an hopium smoker). Even here in the crypto world. Even here in the Byteball community. Sad.

I disagree about needing to change the denomonation. 1 bitcoin is a large sum of money but that doesn't do it any harm. The unit of GByte is quite convenient and nowhere near as big an amount as 1 bitcoin. The denomination is not the problem. If the price rises to millions of dollars we seemlessly start quoting in lesser amounts. Its no big deal, when theres a need.

Quote
A lot of them just go out and buy the cheapest coin they can find, hoping it will explode like Bitcoin. We need those investors, just like we need the true believers of Byteball.

This is true, we need those investors. The distribution has chased those investors away. For the time being. Savvy investors who like byteball will not buy now they will wait until the distribution is ending. There is no incentive to invest now while supply still needs to increase by 30 to 40% Or they give up bored if it becomes the never ending story.

Some people don't really get it. The only reason people buy Bitcoins is because they hope to sell it 10X or 100X higher. They consider it a store of value which possibly can make them rich.
Byteball is supposedly aiming to become a form of money people can actually use. Widespread adoption is the mission. For that purpose the base unity you are using to count the currency must be an everyday life quantity. Gigabytes are the "million of dollars" of Byteball - that doesn't make any sense for a currency you are actually planning to use. You need to scale it down.
Or perhaps the mission instead IS to make Byteball a store of value like Bitcoin. Then this should be stated clearly. But I don't think Tony is thinking like that, which is good, because what the world need is a cryptocurrency people can actually easily use. As a store of value, Bitcoin is already enough.

Yes it is supposedly aiming for that (money you can spend) - (bitcoin started out with that aim too). Its a long long way from that at the moment. I have never yet seen anything I can buy with byteball. When it gets there and one byte is something more valuable than a tiny fraction of a cent (or penny) then maybe that will be a practical unit to quote price with. Besides money needs to be a store of value or it won't be much good as money
tonych
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September 23, 2018, 02:07:14 AM
Merited by LoyceV (1)
 #20251

Version 2.6.0 released https://github.com/byteball/byteball/releases

Notable improvements:

* Ability to hide unused and junk assets.  Now you can hide Nicebytes and other useless tokens.



* Creating polls from Send tab (thanks Tarmo for contributing)
* Changing display unit (GB, MB, etc) from Send tab (thanks Tarmo again)
* Suggested commands in chat: they are inserted but not sent automatically, user can edit before sending.  One of the bots will be updated in a few days and use this feature.
* Ability to scan QR codes that encode textcoin based paper wallets
* Fixed a bug which caused restore from seed to create a multi-address wallet while the original one was single-address
* Multiple minor improvements and bugfixes

Simplicity is beauty
Marc De Mesel
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September 23, 2018, 06:09:42 AM
 #20252

Thanks so much Tony. Great to see you keep on hustling  Cool

Also nice to see someone contributing code, thanks Tarmo!  Smiley

Early Bitcoin, Byteball & Bitcoin Cash Investor. Loving Voluntarysm, Lambos & Girls Wink
Check out my: https://youtube.com/user/Marcdemesel - https://twitter.com/marcdemesel & https://instagram.com/marc_de_mesel
tonych
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September 23, 2018, 09:56:07 PM
 #20253

Another addition in the Bot Store: a dice game.  The game is provably fair.


Simplicity is beauty
altcoinb
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September 24, 2018, 12:46:30 AM
 #20254

Version 2.6.0 released https://github.com/byteball/byteball/releases

Notable improvements:

* Ability to hide unused and junk assets.  Now you can hide Nicebytes and other useless tokens.


* Creating polls from Send tab (thanks Tarmo for contributing)
* Changing display unit (GB, MB, etc) from Send tab (thanks Tarmo again)
* Suggested commands in chat: they are inserted but not sent automatically, user can edit before sending.  One of the bots will be updated in a few days and use this feature.
* Ability to scan QR codes that encode textcoin based paper wallets
* Fixed a bug which caused restore from seed to create a multi-address wallet while the original one was single-address
* Multiple minor improvements and bugfixes

Very nice updates! thank you for this!!
Here is the first poll "Byteball Wallet Poll: What is the best unit for the future?"
https://steemit.com/byteball/@altcoinb/byteball-wallet-poll-what-is-the-best-unit-for-the-future  Grin

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tbct_mt2
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September 24, 2018, 07:20:13 AM
 #20255

Another addition in the Bot Store: a dice game.  The game is provably fair.


I love it, @tonych.
One more feature added to Bot Store which based on Byteball platform, a dice game.
It looks nice, so I gonna spend my time to discover it more later this week when I have a bit more spare time, might be someday nearly the coming weekend.

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September 24, 2018, 09:39:23 PM
 #20256

tonych when blacbytes distribution?
Why do you care? Leave already

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September 24, 2018, 09:53:32 PM
 #20257

Another addition in the Bot Store: a dice game.  The game is provably fair.


I love it, @tonych.
One more feature added to Bot Store which based on Byteball platform, a dice game.
It looks nice, so I gonna spend my time to discover it more later this week when I have a bit more spare time, might be someday nearly the coming weekend.

Oooh, this one I like. However, from a non-byte holder's standpoint, I think this would be best if it has its own website apart from the bot store. I discovered Bitcoin dice games because of Google after learning about Bitcoin. If all features of Byteball is just within the wallet, no one will discover it.

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September 24, 2018, 11:00:52 PM
 #20258

Another addition in the Bot Store: a dice game.  The game is provably fair.



What you guys should do is create a thread under the Bitcointalk forum under "Gambling" and post this dice game there.

I am sure there are many old bitcoin adopters who claimed the Byteball distributions last year and would like to have some fun with their coins. Might bring out the awareness for Byteball. The gambling section is a pretty big part of Bitcointalk.

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holden.commodore
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September 25, 2018, 01:11:43 AM
 #20259

I don't think bytes should be burned at this stage, this would give the market the idea of "total failure of adoption", since the original ideal was to give them by usage.
Maybe it should restart with that full moon distribution stuff because it clearly made a difference, but this time in a rate that would take several years to distribute all the bytes.  Wink
Yaremi
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September 25, 2018, 01:30:59 AM
Last edit: September 25, 2018, 01:45:33 AM by Yaremi
 #20260

Hello.

Where can i buy or sell blackbytes?  I need it for testing:)

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