Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 10. (Read 1234316 times)

You forget that often the ^[founder] is the same person as the product developer, and because of his narrow specialization, it is difficult for him to delegate authority. Therefore, it is foolish to assume that the fate of the project is in the hands of the community. Yes, we all see that the CEO does not give empty promises, so I hope that soon we will see the expansion of liquidity as it was said. As for the bullish trend, I meant that most of the coins with serious infrastructure made a breakthrough of 500% or more this year, (for this reason, I do not consider the rise of Obyte from $20 to $40 as a bullish trend).

500% is a pretty real figure if you know what to do. A good exchange, paired with a few marketing activities and you should be fine, (for example, prizes for trading volumes or a thoughtful drop under the auspices of the exchange). I recently looked at the list of coins listed on Binance, and I can say that Obyte looks pretty good against the background of most of them. Btway, if you look at these criteria _{[Binance Listing Tips]}, you will understand what I mean when I say that Obyte is pretty good.

Well, 500% for Gbyte seems to be unrealistic. The project lost traction ~ 3  years ago and over these years  there have been many other projects that have taken up the niches that Obyte could have. Now it’s playing  the catching-up role rather then   leading one. BTW, if you wanna get link to Discord ask  tarmo888, he will invite you.

Btway, the link to Discord is inactive.

Tomo chain has the edge over your system since it builds pools itself, no user interaction is needed. You lag far behind with your pool douchbaggery coz people like not to lock up money in the pool but to get free money from a donation facet while maintaining idleness in terms of their act. Pools shall pop up autonomously and be filled with money from the blokchain fund and then send that money to whoever asks for it.

I'm late in answering because I was away from the forum - sorry for that.
You mention judges and governments agreeing among them - come on, this is not the real world. Should Obyte succeed in the extremely unlikely task of becoming the new N.1 because "it's better than Bitcoin" and should it somehow endanger the fiat banking system it would take just seven hitmen for the banksters to get the job done in one single day and if the community forks the project it only means the hitmen would have to be hired for another day or two (according to how many times the community will insist to fork). We're not discussing the "why" should they want to do that - of course as long as Obyte is a little project nobody will care. But if you are planning a platform which has to be better than Bitcoin, it must also possess at least the same resilience. Pushing the problem under the rug is not a solution. It's the only technical (big) flaw I see in an otherwise excellent and still deeply undervalued project.
BTW look at the John McAfee case, he has been imprisoned in Spain for the "crime" of not having filed for taxes... in the USA - LoL, that tell you everything on how what's only matters on earth is power, not rules.

Your choice doesn't matter, best price for your amount should matter, if it doesn't then there is probably bug in UI.

You can still send tokens to specific AA address without oswap.io and then ot will use the pool of your choosing.

Obyte is tyrannic government resistant, which means that unless all governments suddenly agree on something, there is no danger. The breaking point is actually 6-7 Order Providers, not 12 because if you take 6 out then there is no longer majority. If they take out 7 then they have the majority.
Getting all the governments suddenly co-operate with each other and agree on something like that is quite far fetched, especially when there is nothing illegal in what the full nodes are doing. Today, we no longer have majority of Order Proviers in one jurisdiction, so Obyte doesn't have a single-point failure https://stats.obyte.org/witnesses.php

If 6 governments indeed get simultaneously agents to knock on doors of 6 Order Providers then which judges are going to sign that? These 6 people should all have to be breaking some law for the agents to break in. So, Obyte is not in danger if one of the governments loses it's mind or one of the Order Providers is accused in something criminal. Running a full node is not criminal, posting transactions on cryptocurrency platform is not criminal either. Order Providers don't decide whose transaction is valid or not, the whole network does. Bitcoin is protected against same thing - multiple governments going mad, but Bitcoin miners actually decide whose transactions get confirmed, Obyte Order Providers doesn't. https://medium.com/obyte/from-blockchain-to-dag-getting-rid-of-middlemen-28afa7563545

In terms of what will happen if government seizes the machines, if it's even located in the same place as the Order Provider himself - the worst thing they can do is shut the machines down because if there is no majority of Order Providers posting anymore, no new transactions will get stable (confirmed). People could still post new transactions, but the part of the DAG with unstable transactions will not become stable. They could also modify the code and post transactions out of order, but that would just signal everyone that Order Provider is acting bad. They can't change the history, that's blockchain feature, not Obyte's.

If they somehow would get hands on majority of Order Providers (7) and make those post transactions out of order then that would just break the whole network and the community would need to hard-fork.

There is more about exact this thing on Obyte blog https://medium.com/obyte/dag-vs-blockchain-6d2d99f10bd9

If for some reason I upload the new version and cannot see my balance, is there an option to enter my 12 word passphrase to recover?

You didn't mention what platform you are using, but in case it's Windows then you just download the new installer and re-install it.
https://obyte.org/#download

You will also have to accept all the Witness (Order Provider) changes after you launch the new version, there has been 7 changes.

We are launching two rewards programs to improve the liquidity of GBYTE:

- we double your profit from long positions -- for traders
- rewards for net buys -- for holders



Join here: https://trade.obyte.org

More background and details in the blog post: https://medium.com/obyte/obyte-trading-rewards-c7abf1086518

You didn't mention what platform you are using, but in case it's Windows then you just download the new installer and re-install it.
https://obyte.org/#download

You will also have to accept all the Witness (Order Provider) changes after you launch the new version, there has been 7 changes.

Hi everyone,

I just fired up my wallet that I haven't touched since 2016.

It will not let me send. It gives me a connection error after I enter address and amount to send to.

Then I noticed that my wallet says "Byteball" and the new wallet says "Obyte". Do I need to upgrade before I can send?

If so, do I need to do it in a specific manner in order not to lose access to my funds?

Please advise. Thanks in advance.

Jon

Yeah, seems to be a bug. Can it be fixed eventually? Sending  tokens "manually"  to specific AA address is a good alternative  I'm aware of  but such action from me  may result in  the human error  so I would prefer to have automated way to do it via oswap interface.

Nope, it doesn't work this way. Cbyte-OUSD 0.1% pool has the better price to swap from OUSD to GByte than the pool with 0.3% fee  but oswap didn't pick it up. All time when I want to swap from OUSD to GByte  oswap offers me the 0.3% pool instead of the 01% one. So I consider this as a serious drawback because my choice is ignored.

Right, it's not locked forever therefore  collateralization depends on the "will" of someone, who has the power to withdrew from Autonomous Agent.  One more question  for good measure. How to choose GByte - OUSD 0,1% pool to swap tokens? When I click swap tab it always force me to land on 0,3%  pool but I would prefer to make a  swap on 0,1% one.


Any exchange is not "a fortress", including ^Bittrex