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Topic: I just did a smart contract in Byteball : mind blow. - page 2. (Read 5568 times)

full member
Activity: 154
Merit: 100
bitbay is the superior choice.

I know this is what this will turn to, my father's farm is bigger than yours. It is good to execute smart contract on Byteball but the issue with this is that can you scale it and make it work for large number of people, this time last year Bitcoin is not having unconfirmed transaction issue but today it is a big problem for users

no doubt that bitbay is the superior choice.
full member
Activity: 154
Merit: 100
son, stop posting and learn to read charts instead

Point out an error or you are just blowing smoke out of your ass.

ive been trading for 5 years and know what im talking about. now go and study

Any one can claim that. You've not pointed out any error. Appeals to authority are highly frowned on in a meritocracy. Point out an error or accept your asshat.

You are fucking wasting everyone's time with your numerous diversionary posts.

hey asshole, go and study dickhead

Don't get mad and frustrated son when you fail. Try to learn that if you can dish out accusations, then you need to be able to back them up with facts.



you really are retarded. i see you havent studied.

im finished with you, time for you to go to the little room in school we all called the retard room.

dont forget your backpack from mommy when you get on the short bus...what a loser you are.
hero member
Activity: 630
Merit: 500
bitbay is the superior choice.

I know this is what this will turn to, my father's farm is bigger than yours. It is good to execute smart contract on Byteball but the issue with this is that can you scale it and make it work for large number of people, this time last year Bitcoin is not having unconfirmed transaction issue but today it is a big problem for users
sr. member
Activity: 336
Merit: 265
son, stop posting and learn to read charts instead

Point out an error or you are just blowing smoke out of your ass.

ive been trading for 5 years and know what im talking about. now go and study

Any one can claim that. You've not pointed out any error. Appeals to authority are highly frowned on in a meritocracy. Point out an error or accept your asshat.

You are fucking wasting everyone's time with your numerous diversionary posts.

hey asshole, go and study dickhead

Don't get mad and frustrated son when you fail. Try to learn that if you can dish out accusations, then you need to be able to back them up with facts.

full member
Activity: 154
Merit: 100
son, stop posting and learn to read charts instead

Point out an error or you are just blowing smoke out of your ass.

ive been trading for 5 years and know what im talking about. now go and study

Any one can claim that. You've not pointed out any error. Appeals to authority are highly frowned on in a meritocracy. Point out an error or accept your asshat.

You are fucking wasting everyone's time with your numerous diversionary posts.

hey asshole, go and study dickhead
sr. member
Activity: 336
Merit: 265
son, stop posting and learn to read charts instead

Point out an error or you are just blowing smoke out of your ass.

ive been trading for 5 years and know what im talking about. now go and study

Any one can claim that. You've not pointed out any error. Appeals to authority are highly frowned on in a meritocracy. Point out an error or accept your asshat.

You are fucking wasting everyone's time with your numerous diversionary posts.
full member
Activity: 154
Merit: 100
son, stop posting and learn to read charts instead

Point out an error or you are just blowing smoke out of your ass.

ive been trading for 5 years and know what im talking about. now go and study
sr. member
Activity: 336
Merit: 265
son, stop posting and learn to read charts instead

Point out an error or you are just blowing smoke out of your ass.
full member
Activity: 154
Merit: 100
WRONG! you need to study up son.

I guess you didn't find the link that you were supposed to find:

http://coinmarketcap.com/charts/#btc-percentage

Study it son.

Bitcoin declined, altcoins declined more on a percentage basis. Yet another correct prediction of mine. Apparently not yet a rush from altcoins to BTC though, and apparently into cash because the ETF event hasn't occurred yet.

son, stop posting and learn to read charts instead
sr. member
Activity: 336
Merit: 265
WRONG! you need to study up son.

I guess you didn't find the link that you were supposed to find:

http://coinmarketcap.com/charts/#btc-percentage

Study it son.

Bitcoin declined, altcoins declined more on a percentage basis. Yet another correct prediction of mine. Apparently not yet a rush from altcoins to BTC though, and apparently into cash because the ETF event hasn't occurred yet.
sr. member
Activity: 336
Merit: 265
Suggestion taken but I think he needs to be stopped at once. He can not berate others whilst doing the same thing.

Whole lotta berating going on. I guess we all ran out of other more important things to do. Any way, I have important things to do, so I'll stop discussing this.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
spoetnik

1 - Fervent maniacal  dash/darkcoin shill Super defender.. even after it was proven to be scam. AND HE CALLED IT HIMSELF A ULTRA SCAM

2 - Idiot DASH cult member.

3 - proabably got bought out by dash and is on the pay roll.


YES you lost the ability to lecture anyone on anything like this now you have been caught out doing the same thing.

This will continue until you confess dash is a scam.

Friendly suggestion is you've made your point. You are not going to be able to corner Spoetnik on this one. I don't think he is complicit with Dash's pump. I think he just hates Monero and Ethereum so much that he can cheer Dash, because it is all about his ego. He picked a fight with Monero and he doesn't want to lose that fight. Spoetnik is here for his ego. He got upset with me lately because I threatening his ego on the forum, when I abandoned any plans of an ICO and I was being logical about Dash and Monero.

He is not coming off ignore, but I see no need to berate him. You made your point loud and clear in numerous threads. Just a suggestion. You don't want people to look down on you for over playing your point.

Suggestion taken but I think he needs to be stopped at once. He can not berate others whilst doing the same thing. When he stops then I shall stop.

How can anyone know what he is complicit with. I think it makes perfect sense now that I notice that he posted a thread for his services to be for sale.

This monero angle is a red herring. Nobody would be on every single anti dash thread cheering it on and protecting it and refusing to call it a scam like he did before without some other reason.

Not be able to corner him? in what way exactly? a 180 degree change of heart with no explanation right after a thread offering his services for sale is enough to raise questions.

When he stops protecting dash in every thread and explain his 180 then this will stop being highlighted.





sr. member
Activity: 336
Merit: 265
spoetnik

1 - Fervent maniacal  dash/darkcoin shill Super defender.. even after it was proven to be scam. AND HE CALLED IT HIMSELF A ULTRA SCAM

2 - Idiot DASH cult member.

3 - proabably got bought out by dash and is on the pay roll.


YES you lost the ability to lecture anyone on anything like this now you have been caught out doing the same thing.

This will continue until you confess dash is a scam.

Friendly suggestion is you've made your point. You are not going to be able to corner Spoetnik on this one. I don't think he is complicit with Dash's pump. I think he just hates Monero and Ethereum so much that he can cheer Dash, because it is all about his ego. He picked a fight with Monero and he doesn't want to lose that fight. Spoetnik is here for his ego. He got upset with me lately because I threatening his ego on the forum, when I abandoned any plans of an ICO and I was being logical about Dash and Monero.

He is not coming off ignore, but I see no need to berate him. You made your point loud and clear in numerous threads. Just a suggestion. You don't want people to look down on you for over playing your point.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
The OP is a fucking idiot and he goes back into hiding every time i show his shitty past.
Like whack-a-mole  Cheesy

3 strikes your out bud.

1 - Fervent maniacal retard MemoryCoin shill Super defender.. even after it was proven to be scam.

2 - Idiot Monero cult member.

3 - Take your pick ..he's an idiot and at greedy one at that.

Smart contracts ? ooooooh fuckin' boy !

TAKE MY MONEY NOW !!111

I hope some of the Investarded out there get hit by a bus.
Worthless brain dead morons just mulling around kicking the can looking for an "investment"
In ?
What ever the fuck will pay out of course.


spoetnik

1 - Fervent maniacal  dash/darkcoin shill Super defender.. even after it was proven to be scam. AND HE CALLED IT HIMSELF A ULTRA SCAM

2 - Idiot DASH cult member.

3 - proabably got bought out by dash and is on the pay roll.


YES you lost the ability to lecture anyone on anything like this now you have been caught out doing the same thing.

This will continue until you confess dash is a scam.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
The OP is a fucking idiot and he goes back into hiding every time i show his shitty past.
Like whack-a-mole  Cheesy

3 strikes your out bud.

1 - Fervent maniacal retard MemoryCoin shill Super defender.. even after it was proven to be scam.

2 - Idiot Monero cult member.

3 - Take your pick ..he's an idiot and at greedy one at that.

Smart contracts ? ooooooh fuckin' boy !

TAKE MY MONEY NOW !!111

I hope some of the Investarded out there get hit by a bus.
Worthless brain dead morons just mulling around kicking the can looking for an "investment"
In ?
What ever the fuck will pay out of course.
legendary
Activity: 3234
Merit: 1399
Join the world-leading crypto sportsbook NOW!
is it kind of like a digital escrow? 
Yes, but it can do more than that too.
So smart contract is like an escrow without any person holding the funds, right? I've never heard about it before, sounds very cool. Is it possible to do that only with byteball and ethereum or with any currency? Can somebody explain in plain words how it works?
From what I read about it I understood that it requires a code written which has the conditions of the contract and the code makes it happen.
There is no site generating a code on your conditions, right?
hero member
Activity: 1092
Merit: 501

Smart contract isn't something new, far from it. So many people has been learning solidity scripting language in the past years but the only time I was given the opportunity of using a smart contract, I didn't and saved myself from one of the biggest fiasco ever in crypto : the DAO.

Right now I just did a smart contract unexpectedly for a real use case and it went like :


That's it. I literally had no idea I was doing a smart contract if I wasn't told it's a smart contract.
I needed to trade with a total stranger on the Internet, the escrow wasn't available so we just did a smart contract through the chat box.

That's how smart contracts should works : for a real use without being aware you're doing a smart contract.


I have never done a smart contract but this is nice, this is the way technology it is supposed to work, technology must be seamless and this is the perfect example of that.
legendary
Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
is it kind of like a digital escrow? 
More than that, byteball have really nice dev behind backing it and have totally new algorithm with smart contract capabilities. Waiting for byteball to get listed in bittrex and polo soon.
full member
Activity: 154
Merit: 100
@thejaytiesto, note I edited my post since you quoted it, to remove what might be construed as "investment advice".

I tend to agree with you, I'd prefer to invest in something I think has a significant long-term future. For me, I can't invest in (hold) anything other than Bitcoin right now (because it is just my cash flow account), because otherwise I only want to invest in what I am working on. Because I compare the feature sets and I have confidence.

However, for speculators and traders, they aren't thinking that way. They want the fastest way to get a ROI, rinse and repeat.

I can't access how well Byteball will do over the long-term. Clearly the lead developer (Tony aka Anthony) is hard working, conscientious, capable, and smart. But the way he structured the transaction fees really made me think he isn't thinking holistically enough about design and long-term. But I am not omniscient and I can't keep up with every design change that every project does. So it would be crazy for me to tell people not to be intrigued by Byteball. I am. So much so, that I dedicated the last chapter (major section) of my whitepaper to Byteball's DAG stability point consensus algorithm.

As a bitcoin holder, how are you going to deal with the following days regarding the ETF? Looks like the price may tank. Im considering selling some in Poloniex using the USDT, wait a couple of days and rebuy back, i've seen a lot of people wanting to do this, this leads me to believe we may see a serious dip and I don't want to be the idiot watching the price tank, at least if I can profit from it I will feel better, since im sure it will recover im not worried long term but I need to make more BTC and this seems like a good opportunity. I doubt price will go any higher than $1200 before dump party begins.

Of course there is the possibility of ETF passing and the market going nuts about it and we may see $1300+... but odds are against that.

If I had a verified account on Poloniex so I could trade to fiat, I would probably consider selling 20% as a hedge at some price north of $1250. I would not buy into altcoins because when Bitcoin's price declines, more money moves from altcoins into Bitcoins to take advantage of the dip opportunity. So altcoins decline more on a percentage basis than Bitcoin. The time to buy altcoins is as Bitcoin starts to rise significantly, then altcoins go bonkers, but sell the altcoins before Bitcoin peaks. Note sentiment about the ETF event is perfectly balanced.
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WRONG! you need to study up son.
sr. member
Activity: 336
Merit: 265
Byteball is better suited for IoT and actually works right now, and does not require PoW

IMO, the world is not going to rely on a blockchain run by 12 witnesses (which will become centralized due to economic facts) that can't be realistically changed except with a hardfork.

Byteball is an interesting "stability points" algorithm, but overall it isn't the solution. And the transaction fee scaling mechanism is totally broken.

Sorry those are the facts and I already communicated that on Byteball's main thread months ago in a discussion with Tony. I don't know what he has changed since then?

You are pointing out the brittleness of relying on total orders, because total orders don't exist over the entire universe. The challenges of blockchain consensus is tied into this fact.

...

However with blockchain consensus we need eventual consistency with a total order over all transactions. Blockchain consensus scaling decentralized is a very, very difficult problem to solve. Vitalik has not solved it. Casper (and even Byteball) will only work centralized...

That is why the I feel the "mind blow" hype is misleading.

There is nothing minding blowing here. Just more of the same centralization failure. Well the concept of a DAG is mind blowing in the sense that it allows proof-of-publishing to be orthogonal to consensus finalization, which is one facet of increasing the TPS rate. But the Byteball "stability points" algorithm solution is incomplete. It hasn't solved the holistic problems entirely.
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