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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1233936 times)
nik888
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January 23, 2019, 11:30:02 AM
 #21341

in Russian, byteball was better, I hope in English Obyt sounds good


Personally for me. In any case, Obyte technology is the best among cryptocurrencies.
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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tarmo888
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January 23, 2019, 12:17:11 PM
 #21342

Not the critics of this project are the problem, but submissive opportunists.
Nobody cares about your critics without arguments.
Arguments? Ha. There were lots of arguments. Not only from me. My contributions in this thread consist almost exclusively of arguments, but this arrogant dictatorship, including its boot-licking minions, proves to be resistant to knowledge.

Neutral name... Yes, the name is so neutral that it drowns in the swamp of bits and bytes. A unique selling point looks different. And it's not just bad, it's a disaster.

Every beginner asks himself unconsciously what this "O" stands for... Zero? OMG? Possibly even a WC over "00" pushes itself into the subconscious.

The first impression, the admission ticket for further interest, you have completely screwed up.

"Byteball" had at least a funny laughable note, and was therefore unique, but now... OMG-Byte.  Roll Eyes

In short: You are totally crazy.


So, when somebody writes, OMG, the first thing that comes to your mind is zero-MG? Stop hating because nobody takes your "contributions" seriously.
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January 23, 2019, 01:45:03 PM
 #21343

in Russian, byteball was better, I hope in English Obyt sounds good
Hardly. Goes completely under in the flood of bits and bytes.

Personally for me. In any case, Obyte technology is the best among cryptocurrencies.
So far, only theoretically. Since there is no benefit, there is no practical proof.
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January 24, 2019, 04:31:09 PM
 #21344

Hopefully, this clears up what the logo is about


This is enlightening, great job.

Merit deserved.

█████████████████████████
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BC.GAME
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..CASINO....SPORTS....RACING..
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tarmo888
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January 24, 2019, 08:14:29 PM
Last edit: January 24, 2019, 08:29:36 PM by tarmo888
 #21345

Hopefully, this clears up what the logo is about


This is enlightening, great job.

Merit deserved.


Thanks for the merit.
Also, this bold blue O with white background and bold blue O with light blue background can be seen on stable units in explorer, just scroll up from genesis unit https://explorer.obyte.org/#oj8yEksX9Ubq7lLc+p6F2uyHUuynugeVq4+ikT67X6E= or scroll down from latest units https://explorer.obyte.org/
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January 26, 2019, 01:47:15 PM
 #21346

Any single merchant added obyte for the past 6 month? Is there online retailers in Ukraine where i can spend coins?
btw why confirmation is so slow? Just sent bytes to a friend and waited 12 minutes, even slower than bitcoin Sad . Even after confirmation i see unconfirmed on my device, hub lags far behind.
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January 26, 2019, 02:29:05 PM
 #21347

Any single merchant added obyte for the past 6 month? Is there online retailers in Ukraine where i can spend coins?
btw why confirmation is so slow? Just sent bytes to a friend and waited 12 minutes, even slower than bitcoin Sad . Even after confirmation i see unconfirmed on my device, hub lags far behind.
The developers and their submissive minions are more concerned with gimmicks than with creating a use.

Other DAG projects now deserve attention. After all, they have a roadmap. I'm curious if anything was understood there:
https://dagcoin.org/
https://travelflex.org/index.php
https://www.kizunacoin.net/
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January 26, 2019, 02:47:44 PM
Last edit: January 26, 2019, 02:58:27 PM by diyhockey
 #21348

Also guys why multisig wallet still not working for the last version? Four month from the last release...

Quote
Other DAG projects now deserve attention. After all, they have a roadmap. I'm curious if anything was understood there:
https://dagcoin.org/
https://travelflex.org/index.php
https://www.kizunacoin.net/
One more DAG and i run out of money, enough is enough Cheesy
tarmo888
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January 27, 2019, 02:29:28 AM
 #21349

Any single merchant added obyte for the past 6 month? Is there online retailers in Ukraine where i can spend coins?
btw why confirmation is so slow? Just sent bytes to a friend and waited 12 minutes, even slower than bitcoin Sad . Even after confirmation i see unconfirmed on my device, hub lags far behind.
There aren't many merchants in Ukraine that accept other cryptocurrencies (there are very few for Bitcoin), so it would be surprising to see altcoins accepted there first, but I would look that as opportunity, anybody can become the first merchant to accept Bytes.
Confirmation is now slow, but it could be faster and has been faster when there are more transactions on the network. Also, most places fully confirm Bitcoin transactions after 6 confirmations because just 1 confirmation is not final, Obyte transaction is final after first confirmation.
Light wallets lag little bit behind, full wallets don't. That is the disadvantage of running using light wallet. Shitty internet connection can affect it too.

Also guys why multisig wallet still not working for the last version? Four month from the last release...
This issue has been fixed already, just new version with the fix has not been released yet because it impacts very small amount of all users. There are many other small fixes in next release that haven't been released yet because they also affect small amount of all users. It's more important to get next release out with less bug than rush out new version with sum bugs fixed and introduce more bugs that could affect bigger number of all users.
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January 27, 2019, 08:17:41 AM
 #21350

any plan for this one of the best coin?

it's a pity to see this happen
tarmo888
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January 27, 2019, 08:52:27 AM
 #21351

any plan for this one of the best coin?

it's a pity to see this happen

What;s you question again? Do you mean, is there any plans? Yes, there are updates on Medium https://medium.com/obyte and you can subscribe to newsletter to get more info about plans https://obyte.org/
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January 27, 2019, 09:47:43 AM
Last edit: January 27, 2019, 10:10:12 AM by diyhockey
 #21352

Quote
There aren't many merchants in Ukraine that accept other cryptocurrencies (there are very few for Bitcoin), so it would be surprising to see altcoins accepted there first, but I would look that as opportunity, anybody can become the first merchant to accept Bytes.
Only two coins have sufficient network effects to have the hope of being widely accepted over time only thanks to the efforts of the holders of this coin. The rest of the coins not achieved such a thrust, so we observe their degradation. Their community and adoption is not only not growing, it is decreasing. In their case, the hope is only on the efforts of the team. If the team does not take active steps in this direction, the adoption will never happen. Honestly, i get the feeling that obyte team is not even trying to look for possible partnerships. Either you try, but the product is worse or not better than alternatives. Then i ask myself what the sense of the existence of coins, the main purpose of which is recognized as utopian.
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January 27, 2019, 12:09:23 PM
 #21353

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There aren't many merchants in Ukraine that accept other cryptocurrencies (there are very few for Bitcoin), so it would be surprising to see altcoins accepted there first, but I would look that as opportunity, anybody can become the first merchant to accept Bytes.
Only two coins have sufficient network effects to have the hope of being widely accepted over time only thanks to the efforts of the holders of this coin. The rest of the coins not achieved such a thrust, so we observe their degradation. Their community and adoption is not only not growing, it is decreasing. In their case, the hope is only on the efforts of the team. If the team does not take active steps in this direction, the adoption will never happen. Honestly, i get the feeling that obyte team is not even trying to look for possible partnerships. Either you try, but the product is worse or not better than alternatives. Then i ask myself what the sense of the existence of coins, the main purpose of which is recognized as utopian.
Caution! Criticism is undesirable.
If you now make the mistake of supporting this criticism with arguments, you will very quickly get the title "Troll".
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January 27, 2019, 04:32:28 PM
 #21354

I'm still using v1.10.1 light wallet.  Is that ok?
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January 27, 2019, 05:10:13 PM
 #21355

I'm still using v1.10.1 light wallet.  Is that ok?

Yeah, I think so. The dev team just made a rebranding which won't affect any Byteball function at all. If there were software updates, it will be related to software.

Looking forward to the effects of the re-branding.

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January 27, 2019, 05:11:15 PM
 #21356

I'm still using v1.10.1 light wallet.  Is that ok?

Yeah, I think so. The dev team just made a rebranding which won't affect any Byteball function at all. If there were software updates, it will be related to software.

Looking forward to the effects of the re-branding.
what you expect?
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January 27, 2019, 05:41:37 PM
Last edit: January 27, 2019, 06:07:59 PM by Yurkov
 #21357

Hello all!

Can anyone explain why Byteball Bytes has disappeared from Coinmarketcap?
Unfortunately, but I can not find it on the list or through the search engine. I can not also found official information about delisting.

Edit/ It looks like the just change the name - now is "Obyte"

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January 27, 2019, 08:38:36 PM
 #21358

I'm still using v1.10.1 light wallet.  Is that ok?

That's like saying: "I am still using Windows 98, is that ok?"

v1.10.1 is not even the latest version of v1 branch. If v1.10.1 is still working for you then I am surprised, but maybe that's because you are using light wallet (with full node that would not be possible).
Current version is 2.6.0, which has had endless amount of features, bug fixes and improvements since v1.10.1
https://github.com/byteball/obyte-gui-wallet/releases
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January 27, 2019, 08:59:52 PM
Merited by kaicrypzen (1)
 #21359

Quote
There aren't many merchants in Ukraine that accept other cryptocurrencies (there are very few for Bitcoin), so it would be surprising to see altcoins accepted there first, but I would look that as opportunity, anybody can become the first merchant to accept Bytes.
Only two coins have sufficient network effects to have the hope of being widely accepted over time only thanks to the efforts of the holders of this coin. The rest of the coins not achieved such a thrust, so we observe their degradation. Their community and adoption is not only not growing, it is decreasing. In their case, the hope is only on the efforts of the team. If the team does not take active steps in this direction, the adoption will never happen. Honestly, i get the feeling that obyte team is not even trying to look for possible partnerships. Either you try, but the product is worse or not better than alternatives. Then i ask myself what the sense of the existence of coins, the main purpose of which is recognized as utopian.

What's the other one besides Bitcoin? Ripple, Ethereum, Litecoin or Dogecoin? These are one of the oldest coins out there, so it is not surprising that they have more network effect.
Did Bitcoin foundation made all those deals that Bitcoin is more accepted than others? No. Obviously the communities are decreasing during the bear market, there was lot of companies who accepted Bitcoin too before the fees went nuts, they discontinued accepting Bitcoin. Many haven't still returned even that fees have gone down and Lightning has become available, many still don't even use native-SegWit (P2WPKH) or pay-to-script-hash (P2SH), but old pay-to-pubkey-hash (P2PKH), which takes longer to be confirmed (I could be wrong about that, but SegWit transactions should be possible to validate faster).
Cryptocurrency companies are not like regular companies where partnerships only happen when deals are made. Cryptocurrencies are open-source, so everybody can become a merchant, you don't need to ask permision for that. If you like the old adoptions-by-deals approach then maybe Ripple is your kind of coin.
Now, during the bear market, it is time to build all those intergrations and those who are ready for next bull-run, benefit from that more.
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January 28, 2019, 09:20:54 PM
 #21360

Now, during the bear market, it is time to build all those intergrations and those who are ready for next bull-run, benefit from that more.
I like the sentence utmost.
As Vitalik (ETH's founder) said somewhere else, bearish period is the time to concentrate more on building up intrinsic value from technical developments.
ETH, years ago, born and grown like this.

Yeah, Vitalik Buterin is great inspiration for me, I also like his view on how ridiculous are those ICOs/testnets who promise high-TPS.
Other people who have similar understanding about bear market are Ivan Liljeqvist, Ari Paul, Anthony Pompliano and Andreas Antonopoulos.
Basically, most people who are not seeing bear market like this first time.
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