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Mr. Sovereign
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May 31, 2016, 07:23:14 PM |
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I can't begin to comprehend what the hell I'm looking at, but I understand it is groundbreaking and I've come to expect nothing less from these pros.
Soooooo does this help solve that pesky block chain size debate?
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WildBeastBitcoin (OP)
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May 31, 2016, 07:28:52 PM |
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I can't begin to comprehend what the hell I'm looking at, but I understand it is groundbreaking and I've come to expect nothing less from these pros.
Soooooo does this help solve that pesky block chain size debate?
HI well leveldb is ... slow, good for a 6 month coin, ok that's it  This way will not bloat due the way it is run, we are talking Petabytes here. Look at the images from left to right the more is added the bigger it gets and the faster it becomes. If it solves otehr coins issue? well not if they stay on the old tech. However a few years down the road it will tell Thanks Peter |
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TrueAnon
Legendary
 Offline
Activity: 1120
Merit: 1000
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May 31, 2016, 07:30:23 PM |
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I can't begin to comprehend what the hell I'm looking at, but I understand it is groundbreaking and I've come to expect nothing less from these pros.
Soooooo does this help solve that pesky block chain size debate?
HI well leveldb is ... slow, good for a 6 month coin, ok that's it This way will not bloat due the way it is run, we are talking Petabytes here. Look at the images from left to right the more is added the bigger it gets and the faster it becomes. If it solves otehr coins issue? well not if they stay on the old tech. However a few years down the road it will tell Thanks Peter So if you're saying wbb could solve the blockchain bloat issue....that could be MASSIVE news in crypto scene, no?  |
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WildBeastBitcoin (OP)
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May 31, 2016, 07:31:41 PM |
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I can't begin to comprehend what the hell I'm looking at, but I understand it is groundbreaking and I've come to expect nothing less from these pros.
Soooooo does this help solve that pesky block chain size debate?
HI well leveldb is ... slow, good for a 6 month coin, ok that's it This way will not bloat due the way it is run, we are talking Petabytes here. Look at the images from left to right the more is added the bigger it gets and the faster it becomes. If it solves otehr coins issue? well not if they stay on the old tech. However a few years down the road it will tell Thanks Peter So if you're saying wbb could solve the blockchain bloat issue....that could be MASSIVE news in crypto scene, no? HI well it sorts WBB and other coins I can not speak for. Thanks Peter |
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cryptico
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May 31, 2016, 07:52:13 PM |
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My mind is shattered into pieces..   |
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brightlight
Legendary
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Activity: 1288
Merit: 1000
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May 31, 2016, 07:58:20 PM |
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That's what is called self funded development... No ICO money, no premine, just developer ideas and developer money.
Peter could rise couple millions if these ideas would be announced for ICO funds raising. Only ideas, but here is already job done. Only tests and debuging, as I understand.
Well done, and much thanks Peter for an update!
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cryptico
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May 31, 2016, 08:03:32 PM
Last edit: May 31, 2016, 08:15:20 PM by cryptico |
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That's what is called self funded development... No ICO money, no premine, just developer ideas and developer money.
Peter could rise couple millions if these ideas would be announced for ICO funds raising. Only ideas, but here is already job done. Only tests and debuging, as I understand.
Well done, and much thanks Peter for an update!
this is something mindblowing he could have raised 50K bitcoin easy  |
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brightlight
Legendary
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Activity: 1288
Merit: 1000
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May 31, 2016, 08:16:30 PM |
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And assures the fact that WBB value won't be determined exclusively buy crypto whales, as Peter has plans for negotiations about real world usage.
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TrueAnon
Legendary
Offline
Activity: 1120
Merit: 1000
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May 31, 2016, 08:17:55 PM |
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That's what is called self funded development... No ICO money, no premine, just developer ideas and developer money.
Peter could rise couple millions if these ideas would be announced for ICO funds raising. Only ideas, but here is already job done. Only tests and debuging, as I understand.
Well done, and much thanks Peter for an update!
So true. Trying not to speak of price but $10 WBB is maybe no joke afterall??? lol Esp is companies/gov/etc start implementing the tech that WBB has created. Aside from price talk, it's awesoem to see he's come thru with tech that NO other alt has even done yet or is close to. Can't wait for marketin/promo to start. |
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brightlight
Legendary
Offline
Activity: 1288
Merit: 1000
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May 31, 2016, 08:42:54 PM |
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Let the information settle down. Of course, price jump was expected on such news. Instead there are sells recently.
I have piece of mind, because my investment is part of something exciting, which will be in spot soon.
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WildBeastBitcoin (OP)
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May 31, 2016, 08:45:38 PM |
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Let the information settle down. Of course, price jump was expected on such news. Instead there are sells recently.
I have piece of mind, because my investment is part of something exciting, which will be in spot soon.
HI there is no need to rush in and buy, it is always good to have a natural market. Thanks Peter |
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chilly2k
Legendary
Offline
Activity: 1007
Merit: 1000
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May 31, 2016, 09:09:43 PM |
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HI, OK it is time to put you all out of your misery on guessing As you all know we are working on something over the last few month which will make WBB something special. We are working on to remove all overheads of the client system and in the same time simplify the usage and speed everything up. In the same time we try to ensure fraud on the blockchain and bloat is removed to ensure in the long term WBB does not slow down but gets better over time. What we also looked at is how businesses really can benefit from crypto (apart from accepting some crypto coin as payment only). Also we looked at how can bigger businesses save money by using WBB and it's setup / infrastructure. The other part is the pain of loading / downloading the blockchain. To download a blockchain and sync a wallet takes time and is always a pain to say the least, also if your data gets corrupt (which can happen) you would to download again and start sync from scratch. This is totally unacceptable to businesses and also not reliable. For this reason let me show you what WBB will become and where we go with it all. WBBOS and WBB is undergoing a transformation to say the least. It is a long way but we are getting closer ever day to our goal. At the moment we run cluster tests on a test genesis-block of WBB and V5. This progress takes time and is complex to say the least but we are not far of it. Once this work is completed we will fork WBB in to the new way and open the path for business all kinds to utilize WBB in a proper manner. WBB with this change is open for Data storage companies, Music industry, Banks, Security companies and many more business sectors. The usability is endless the way in can be used after this change. Due this new way the speed of WBB is increasing and the WBB Wallet will become a Blockchain free wallet which does not need to download the blockchain and thus will be in sync within seconds from a fresh install. Every WBB client is still private and there is no need to login to a web or have some password and so on to access the Blockchain. The WBB Wallet you use like you used before for sending and receiving. New of course is the asset insertion (like mention on some businesses above). Of course with insertion there is/are fee's per KB in WBB apart from a basic network fee for sending payment. Network fee will stay the same for sending payments. When we go live with this then we start meeting a few people here in swiss and introduce WBB to them. Groundwork's are done but now we need to wait till we have our work done before we see anyone of them. Enough talk, here is the graphical how the wallet / blockchain part will work when we release V5. We tried to simplify the image so everyone can get some understanding how it would work as the exact handling would be to complex to show.  We will provide you from now on with updates how all runs and where all is going. This is are exiting times as we could be away maybe another 2-3 weeks to run the first BETA version of V5 with clients. We can not rush this part as it needs to be done step by step. There are still things which go wrong but we aim to fix each of them one by one. Hopefully you like this and have a better understanding where we aim with WBB / WBBOS ecosystem. Thanks Peter Peter, Great work. As usual. This almost sounds like the Electrum client/server model. With super nodes added to the server side. Could you explain what the BGC acronym stands for? RDT would be the redundant database tabulator ... That might help a little. Also can you explain where/who will be in control of the BGC/RDT's? I was imagining a user able to start the client in full function mode. It would connect with the network and be assigned a task as either a BCG or RDT based on it's performance. That's just my own pie in the sky idea based on your update. Congrats again. Can't wait to hear more... |
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coinfello
Legendary
Offline
Activity: 1274
Merit: 1000
FLAT OUT!!!
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May 31, 2016, 10:17:49 PM |
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Super update Peter  As I said before WBB will rock the cryto scene, it will be felt worldwide |
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pugilist555
Sr. Member
Offline
Activity: 474
Merit: 261
GBM
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May 31, 2016, 10:24:31 PM |
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Didn't understand a word of technicals but dammit I am excited. I have noticed professionals not rushing to do marketing or ico which is a good sign Glad to be a part of it.
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Blockchain technology
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SamInTampa
Newbie
Offline
Activity: 53
Merit: 0
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June 01, 2016, 12:11:05 AM |
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HI, OK it is time to put you all out of your misery on guessing As you all know we are working on something over the last few month which will make WBB something special. We are working on to remove all overheads of the client system and in the same time simplify the usage and speed everything up. In the same time we try to ensure fraud on the blockchain and bloat is removed to ensure in the long term WBB does not slow down but gets better over time. What we also looked at is how businesses really can benefit from crypto (apart from accepting some crypto coin as payment only). Also we looked at how can bigger businesses save money by using WBB and it's setup / infrastructure. The other part is the pain of loading / downloading the blockchain. To download a blockchain and sync a wallet takes time and is always a pain to say the least, also if your data gets corrupt (which can happen) you would to download again and start sync from scratch. This is totally unacceptable to businesses and also not reliable. For this reason let me show you what WBB will become and where we go with it all. WBBOS and WBB is undergoing a transformation to say the least. It is a long way but we are getting closer ever day to our goal. At the moment we run cluster tests on a test genesis-block of WBB and V5. This progress takes time and is complex to say the least but we are not far of it. Once this work is completed we will fork WBB in to the new way and open the path for business all kinds to utilize WBB in a proper manner. WBB with this change is open for Data storage companies, Music industry, Banks, Security companies and many more business sectors. The usability is endless the way in can be used after this change. Due this new way the speed of WBB is increasing and the WBB Wallet will become a Blockchain free wallet which does not need to download the blockchain and thus will be in sync within seconds from a fresh install. Every WBB client is still private and there is no need to login to a web or have some password and so on to access the Blockchain. The WBB Wallet you use like you used before for sending and receiving. New of course is the asset insertion (like mention on some businesses above). Of course with insertion there is/are fee's per KB in WBB apart from a basic network fee for sending payment. Network fee will stay the same for sending payments. When we go live with this then we start meeting a few people here in swiss and introduce WBB to them. Groundwork's are done but now we need to wait till we have our work done before we see anyone of them. Enough talk, here is the graphical how the wallet / blockchain part will work when we release V5. We tried to simplify the image so everyone can get some understanding how it would work as the exact handling would be to complex to show. https://i.imgur.com/YzG2cR0.png?1We will provide you from now on with updates how all runs and where all is going. This is are exiting times as we could be away maybe another 2-3 weeks to run the first BETA version of V5 with clients. We can not rush this part as it needs to be done step by step. There are still things which go wrong but we aim to fix each of them one by one. Hopefully you like this and have a better understanding where we aim with WBB / WBBOS ecosystem. Thanks Peter  Where do I begin? You want to ensure fraud on the blockchain? You're planning on a HD wallet that many other coins have done. The ideas of what the wallet will do has already been proposed by other projects and go much further than your plans. Last but not least, you want to centralize the blockchain which was invented as a decentralized technology to prevent abuse by those in power. Yes, I know many companies that are interested in this sort of product. They usually call it a clustered database that another company hosts in the cloud. WOW.... Sam I/O Digital |
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thoth-Atlantian
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June 01, 2016, 12:12:47 AM |
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HI, OK it is time to put you all out of your misery on guessing As you all know we are working on something over the last few month which will make WBB something special. We are working on to remove all overheads of the client system and in the same time simplify the usage and speed everything up. In the same time we try to ensure fraud on the blockchain and bloat is removed to ensure in the long term WBB does not slow down but gets better over time. What we also looked at is how businesses really can benefit from crypto (apart from accepting some crypto coin as payment only). Also we looked at how can bigger businesses save money by using WBB and it's setup / infrastructure. The other part is the pain of loading / downloading the blockchain. To download a blockchain and sync a wallet takes time and is always a pain to say the least, also if your data gets corrupt (which can happen) you would to download again and start sync from scratch. This is totally unacceptable to businesses and also not reliable. For this reason let me show you what WBB will become and where we go with it all. WBBOS and WBB is undergoing a transformation to say the least. It is a long way but we are getting closer ever day to our goal. At the moment we run cluster tests on a test genesis-block of WBB and V5. This progress takes time and is complex to say the least but we are not far of it. Once this work is completed we will fork WBB in to the new way and open the path for business all kinds to utilize WBB in a proper manner. WBB with this change is open for Data storage companies, Music industry, Banks, Security companies and many more business sectors. The usability is endless the way in can be used after this change. Due this new way the speed of WBB is increasing and the WBB Wallet will become a Blockchain free wallet which does not need to download the blockchain and thus will be in sync within seconds from a fresh install. Every WBB client is still private and there is no need to login to a web or have some password and so on to access the Blockchain. The WBB Wallet you use like you used before for sending and receiving. New of course is the asset insertion (like mention on some businesses above). Of course with insertion there is/are fee's per KB in WBB apart from a basic network fee for sending payment. Network fee will stay the same for sending payments. When we go live with this then we start meeting a few people here in swiss and introduce WBB to them. Groundwork's are done but now we need to wait till we have our work done before we see anyone of them. Enough talk, here is the graphical how the wallet / blockchain part will work when we release V5. We tried to simplify the image so everyone can get some understanding how it would work as the exact handling would be to complex to show. We will provide you from now on with updates how all runs and where all is going. This is are exiting times as we could be away maybe another 2-3 weeks to run the first BETA version of V5 with clients. We can not rush this part as it needs to be done step by step. There are still things which go wrong but we aim to fix each of them one by one. Hopefully you like this and have a better understanding where we aim with WBB / WBBOS ecosystem. Thanks Peter Well Peter, as far as i understand this, i only think that WBB is on the right direction. Holy Shit balls Batman!!! I understand what it is your trying to do, that is game changing!!!!! but then I look at this graphic and realise I have absolutely no idea of what your talking about. But I do see $$$$$$$ |
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CryptoTrout
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June 01, 2016, 01:14:39 AM |
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Added this to my long term alt bag
might sell some at 20x
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Jdj1727
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June 01, 2016, 01:22:50 AM |
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HI, OK it is time to put you all out of your misery on guessing As you all know we are working on something over the last few month which will make WBB something special. We are working on to remove all overheads of the client system and in the same time simplify the usage and speed everything up. In the same time we try to ensure fraud on the blockchain and bloat is removed to ensure in the long term WBB does not slow down but gets better over time. What we also looked at is how businesses really can benefit from crypto (apart from accepting some crypto coin as payment only). Also we looked at how can bigger businesses save money by using WBB and it's setup / infrastructure. The other part is the pain of loading / downloading the blockchain. To download a blockchain and sync a wallet takes time and is always a pain to say the least, also if your data gets corrupt (which can happen) you would to download again and start sync from scratch. This is totally unacceptable to businesses and also not reliable. For this reason let me show you what WBB will become and where we go with it all. WBBOS and WBB is undergoing a transformation to say the least. It is a long way but we are getting closer ever day to our goal. At the moment we run cluster tests on a test genesis-block of WBB and V5. This progress takes time and is complex to say the least but we are not far of it. Once this work is completed we will fork WBB in to the new way and open the path for business all kinds to utilize WBB in a proper manner. WBB with this change is open for Data storage companies, Music industry, Banks, Security companies and many more business sectors. The usability is endless the way in can be used after this change. Due this new way the speed of WBB is increasing and the WBB Wallet will become a Blockchain free wallet which does not need to download the blockchain and thus will be in sync within seconds from a fresh install. Every WBB client is still private and there is no need to login to a web or have some password and so on to access the Blockchain. The WBB Wallet you use like you used before for sending and receiving. New of course is the asset insertion (like mention on some businesses above). Of course with insertion there is/are fee's per KB in WBB apart from a basic network fee for sending payment. Network fee will stay the same for sending payments. When we go live with this then we start meeting a few people here in swiss and introduce WBB to them. Groundwork's are done but now we need to wait till we have our work done before we see anyone of them. Enough talk, here is the graphical how the wallet / blockchain part will work when we release V5. We tried to simplify the image so everyone can get some understanding how it would work as the exact handling would be to complex to show. We will provide you from now on with updates how all runs and where all is going. This is are exiting times as we could be away maybe another 2-3 weeks to run the first BETA version of V5 with clients. We can not rush this part as it needs to be done step by step. There are still things which go wrong but we aim to fix each of them one by one. Hopefully you like this and have a better understanding where we aim with WBB / WBBOS ecosystem. Thanks Peter Where do I begin? You want to ensure fraud on the blockchain? You're planning on a HD wallet that many other coins have done. The ideas of what the wallet will do has already been proposed by other projects and go much further than your plans. Last but not least, you want to centralize the blockchain which was invented as a decentralized technology to prevent abuse by those in power. Yes, I know many companies that are interested in this sort of product. They usually call it a clustered database that another company hosts in the cloud. WOW.... Sam I/O Digital When the haters come, you know you're doing something right. |
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brightlight
Legendary
Offline
Activity: 1288
Merit: 1000
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June 01, 2016, 04:55:53 AM |
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Well... I know we don't talk here about other coins anymore...
Isn't ETH centralized? Or BTC or other coins?
Peter is creating a huge business for a very long term. A multimillion or even multibillion business with real services in mind. This won't be crypto traders matter, how valuable is the project.
I think that system implementation, we are in discussian about now, is must-have for fast and huge traffic services. How can it be done with wallets on client PCs only?
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thoth-Atlantian
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June 01, 2016, 05:55:40 AM |
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Well... I know we don't talk here about other coins anymore...
Isn't ETH centralized? Or BTC or other coins?
Peter is creating a huge business for a very long term. A multimillion or even multibillion business with real services in mind. This won't be crypto traders matter, how valuable is the project.
I think that system implementation, we are in discussian about now, is must-have for fast and huge traffic services. How can it be done with wallets on client PCs only?
BTC isn't centralised, that is the whole point. everyone with a wallet and a coin owns a stake. I am sure with the security and privacy slant we have already seen with the other releases from this dev team that the wallet system will be safe and secure from anyone, (including dev team) |
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