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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1233947 times)
ePesoInitiative
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May 23, 2019, 03:43:59 AM
 #21681


Yikes! Why would the dev team allow an Obyte megawhale join the weekly draw? Hasn't he have enough already? There should have been exclusions added to the weekly draw. I was led to believe that the draw was some form of distribution. Continued distribution of remaining bytes to the largest holders is nuts.

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May 23, 2019, 03:47:46 AM
 #21682

there is no bottom. Obyte just refresh ATL time to time
When everyone or most of us feel tired with repeatedly all time lows of Obyte, the coin will surely hit its true all time bottom, from which Obyte will recover.  If we look back at the history of DASH, Monero, or Ethereum, they all experienced hard periods in their histories, then after survived through all tough time, and actually developed well with innovative technologies for blockchain industry, they all blossomed later. Obyte, in reality, has innovative technology, and if we simply discuss about its transaction; I can say that Obyte brings amazing transaction speeds, cheap fees, and it works smoothly many times I did my Obyte transactions. One more plus point is Obyte does not require mining rigs to confirm transactions, that is really good for our planet, in environmental aspect.
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May 23, 2019, 11:06:13 AM
 #21683


Yikes! Why would the dev team allow an Obyte megawhale join the weekly draw? Hasn't he have enough already? There should have been exclusions added to the weekly draw. I was led to believe that the draw was some form of distribution. Continued distribution of remaining bytes to the largest holders is nuts.

Because that is the main point of the draw airdrop, you hold more bytes on your address and you increase your chances to win.
The draw is still a random lottery, just whales and attested users have more tickets to that draw. There are 2 draws, unattested users get only 0.01 points per GB.
Everybody has a possibility to buy more GBYTE from exchanges and add it to their address to increase their chances in next draw.

Are you saying that we should ban people from draw airdrop who get too much GBYTE on their address? And how are we suppose to do that if they could distribute these bytes to as many addresses they like?
ePesoInitiative
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May 24, 2019, 08:41:09 AM
 #21684


Yikes! Why would the dev team allow an Obyte megawhale join the weekly draw? Hasn't he have enough already? There should have been exclusions added to the weekly draw. I was led to believe that the draw was some form of distribution. Continued distribution of remaining bytes to the largest holders is nuts.

Because that is the main point of the draw airdrop, you hold more bytes on your address and you increase your chances to win.
The draw is still a random lottery, just whales and attested users have more tickets to that draw. There are 2 draws, unattested users get only 0.01 points per GB.
Everybody has a possibility to buy more GBYTE from exchanges and add it to their address to increase their chances in next draw.

Are you saying that we should ban people from draw airdrop who get too much GBYTE on their address? And how are we suppose to do that if they could distribute these bytes to as many addresses they like?

That is why Obyte is giving out more tickets to attested addresses by a wide margin. Spreading out your bytes to several addresses won''t help if the addresses are not attested. And I'm sure having many attested addresses by a single owner in the weekly draw would stick out like a sore thumb.

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May 24, 2019, 09:33:33 AM
 #21685


Yikes! Why would the dev team allow an Obyte megawhale join the weekly draw? Hasn't he have enough already? There should have been exclusions added to the weekly draw. I was led to believe that the draw was some form of distribution. Continued distribution of remaining bytes to the largest holders is nuts.

Because that is the main point of the draw airdrop, you hold more bytes on your address and you increase your chances to win.
The draw is still a random lottery, just whales and attested users have more tickets to that draw. There are 2 draws, unattested users get only 0.01 points per GB.
Everybody has a possibility to buy more GBYTE from exchanges and add it to their address to increase their chances in next draw.

Are you saying that we should ban people from draw airdrop who get too much GBYTE on their address? And how are we suppose to do that if they could distribute these bytes to as many addresses they like?

That is why Obyte is giving out more tickets to attested addresses by a wide margin. Spreading out your bytes to several addresses won''t help if the addresses are not attested. And I'm sure having many attested addresses by a single owner in the weekly draw would stick out like a sore thumb.

So, now you complain that the attested addresses get bonus points? I thought your initial issue was that whales are allowed?
Whales are not usually attested and attested users get bonus for only the first 10GB. That is not wide margin.
The bonus is only given to first attested address. So, attesting multiple addresses won't help, they will have same points as anybody else.
What helps is referring lot of other users to join the draw airdrop, which whales are not doing either.
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May 25, 2019, 12:26:24 PM
 #21686

obyte ded look the price
afbitcoins
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May 25, 2019, 03:55:16 PM
 #21687

A quick glance at this thread shows nothing has changed. The focus is still on dribbling out free bytes (in ever smaller amounts) at the complete whim of the coin originator.

The biggest problem with this coin has always been the distribution method, or lack of. That is whats killing it.
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May 25, 2019, 05:56:55 PM
 #21688

A quick glance at this thread shows nothing has changed. The focus is still on dribbling out free bytes (in ever smaller amounts) at the complete whim of the coin originator.

The biggest problem with this coin has always been the distribution method, or lack of. That is whats killing it.

And what is your vision of perfect distribution? IMHO, Bitcoin airdrop gave out too many bytes too fast, but maybe it was justified back then when there were more active users.
Now when there are little active users because of bear market, you think giving out small amount of bytes is bad? Would you rather give all out at once to small amount of people?
Don't we have already too many whales? By the way, 200GB-400GB per week is 1%-2% per year inflation, so how is that "lack of", should it be even higher?
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May 25, 2019, 06:51:27 PM
 #21689

obyte ded look the price

So this looks like buy signal to me.
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May 25, 2019, 08:29:08 PM
 #21690

obyte ded look the price

So this looks like buy signal to me.
what are you wait for? Buy it
bustedsynx
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May 26, 2019, 02:32:07 PM
 #21691

obyte ded look the price

So this looks like buy signal to me.

Indeed. If I were buying. I'd probably put up a buy order block with a size to accommodate a weekly volume. The volume looks quite dead similar to 2015's average volume of individual altcoins. And then, a few small nibbles into the sell orders for a month or two until I get the fill I need.


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theskillzdatklls
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May 28, 2019, 09:02:16 PM
 #21692

obyte ded look the price

So this looks like buy signal to me.

Indeed. If I were buying. I'd probably put up a buy order block with a size to accommodate a weekly volume. The volume looks quite dead similar to 2015's average volume of individual altcoins. And then, a few small nibbles into the sell orders for a month or two until I get the fill I need.

Is there any honest development still going into this project? I was a big believer in it earlier, bought a bunch, and now see it's just totally dusted. Pretty disheartening.




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theskillzdatklls
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May 28, 2019, 09:22:17 PM
Last edit: June 04, 2019, 02:49:25 AM by theskillzdatklls
 #21693

Obyte is a good project, with good use cases, so you should not stop thinking negatively about Obyte. Thinking simply and positively will help you to have better emotions on Obyte, then can help you maintain patiently waiting for its bull run, that is very close for now. Bitcoin went first with its bull run, that started weeks ago, now it's turn of altcoins, including my favorite Obyte. I still remember my sweety memory with Obyte back in middle of 2018, when the project run its month-lasting campaign.

That wasn't my question. It had to do with development. Is there active development? I don't really care about positive thinking or prayers or karma or bull runs so much.




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tarmo888
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May 28, 2019, 11:57:40 PM
 #21694

Is there any honest development still going into this project? I was a big believer in it earlier, bought a bunch, and now see it's just totally dusted. Pretty disheartening.

Development happens on Github, all the code is open-source, so you can see what is going on https://github.com/byteball
Just month ago, there was a huge wallet update, which fixed many small bugs that the wallet had and also introduced prosaic contracts https://github.com/byteball/obyte-gui-wallet/releases
Next big change is already on testnet https://github.com/byteball/OIPs/blob/master/oip-0002.md

Only the biggest news are posted on Bitcointalk, but these get buried behind FUD very quickly.
If you want to know what is actually going on then join Discord, Reddit or subscribe to newsletter.
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May 29, 2019, 01:51:37 AM
 #21695

The unique feature of Obyte is distribution. Roll Eyes
All community only focused on a failed distribution,since for BTC holders/lovers,converse the free Obyte to BTC is the best choice.
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May 29, 2019, 03:05:06 AM
 #21696

any plan on listing byteball on more exchanges?
it's a great coin with great features.. just need more exchanges and more marketings.

running farm worldwide
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May 29, 2019, 12:29:46 PM
 #21697

any plan on listing byteball on more exchanges?
it's a great coin with great features.. just need more exchanges and more marketings.

Already listed on many exchanges, difficult to list on better exchanges if you don't even have volume on existing ones.
https://obyte.org/#exchanges
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May 30, 2019, 12:46:12 PM
 #21698

Bittrex, on one my withdrawal sent me OBytes twice with an interval of few days. Anyone expirienced that?

Support looks like inadequate and refuse to accept that.

Or maybe I'm wrong somehow? These are transactions ids:

jJJasIustCnTGagYNSmw9KJzp5QuZGKZHrmdllzC3f4=
uh3gMPMLeXFzvdnx/9Wcf8ukZxTlPWzS9NwnZhH0eF8=

Same amount 15000614340, same destination address DHR3TJ647XOEYPQNU3UPKU5T4EEKGXKX, different sender (guess both are Bittrex wallets). I made only one withdrawal, I'm sure of that, and didn't make any other transactions from wallet or from other exchanges.
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May 30, 2019, 12:55:06 PM
 #21699

Bittrex, on one my withdrawal sent me OBytes twice with an interval of few days. Anyone expirienced that?

Support looks like inadequate and refuse to accept that.

Or maybe I'm wrong somehow? These are transactions ids:

jJJasIustCnTGagYNSmw9KJzp5QuZGKZHrmdllzC3f4=
uh3gMPMLeXFzvdnx/9Wcf8ukZxTlPWzS9NwnZhH0eF8=

Same amount 15000614340, same destination address DHR3TJ647XOEYPQNU3UPKU5T4EEKGXKX, different sender (guess both are Bittrex wallets). I made only one withdrawal, I'm sure of that, and didn't make any other transactions from wallet or from other exchanges.

Lol it's such garbage that bittrex is trying to give it away
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May 31, 2019, 07:57:57 AM
 #21700

it's a pity to see this project did not get enough attractions, it's a great project.
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