Hello Tonych and Byteball team,
In Chapter 6 of the Byteball whitepaper, you say : [...], and also expect them to post frequently enough, [...]
Could you be more explicit about your definiton of "frequently" and "enough" because it could be an open door to abuses even considering the network fees.
Thank you
Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 113. (Read 1234271 times)
October 12, 2018, 09:30:06 AM
October 12, 2018, 08:37:54 AM
... But complaining doesnt help
No, of course not, as long as the management doesn't give a damn about the user's comments.As long as the thing is called "Byteball", every effort to advance this project is a waste of time and energy.
So if we find a more suitable name, we solve the next problem, but together.
Only with increasing demand does the value increase. A currency that "bites a ball", on the other hand, is not taken seriously.
First of all this problem should be solved.
Then the next in the whole series of failures...
October 12, 2018, 07:34:03 AM
anyone know why deposit is still disable on cryptopia for Byteball?
October 12, 2018, 07:32:10 AM
It is for Byteball investors, especially someone who bought the coin earlier this year.
Today, Byteball has stood around $41: https://coinmarketcap.com/currencies/byteball/
In addition, I would like to know that whether Cryptopia exchange safely to buy and move Byteball.
Over the last day, only $35 value of Byteball traded there: https://www.cryptopia.co.nz/Exchange?market=GBYTE_BTC
Today, Byteball has stood around $41: https://coinmarketcap.com/currencies/byteball/
In addition, I would like to know that whether Cryptopia exchange safely to buy and move Byteball.
Over the last day, only $35 value of Byteball traded there: https://www.cryptopia.co.nz/Exchange?market=GBYTE_BTC
October 12, 2018, 07:24:22 AM
... But complaining doesnt help
No, of course not, as long as the management doesn't give a damn about the user's comments.As long as the thing is called "Byteball", every effort to advance this project is a waste of time and energy.
So if we find a more suitable name, we solve the next problem, but together.
October 12, 2018, 07:17:03 AM
It's just impossible to download a full node, same problem as Ethereum.
On chain scaling has been proved to be impossible. ^
This shows why we need small blocks and a second layer for scaling.
On chain scaling has been proved to be impossible. ^
This shows why we need small blocks and a second layer for scaling.
unlike ethereum byteball has no blocks
Sure, but it still has a chain of transactions which has become so massive that a full node can't be downloaded on a desktop computer.
October 12, 2018, 07:13:58 AM
Byteball Bytes Price Prediction
" If you are looking for virtual currencies with good return, GBYTE can be a bad, high-risk 1-year investment option. Byteball Bytes price equal to 42.580 USD at 2018-10-11, but your current investment may be devalued in the future. "
https://walletinvestor.com/forecast/byteball-bytes-prediction
Byteball is a currency for gamblers and players. Exactly this impression he also conveys name.
Should the general public finally take this currency seriously, first of all a change of name would be necessary. But the management shows itself very little insightful and unwilling in this direction.
And that is not the only point...
" If you are looking for virtual currencies with good return, GBYTE can be a bad, high-risk 1-year investment option. Byteball Bytes price equal to 42.580 USD at 2018-10-11, but your current investment may be devalued in the future. "
https://walletinvestor.com/forecast/byteball-bytes-prediction
Byteball is a currency for gamblers and players. Exactly this impression he also conveys name.
Should the general public finally take this currency seriously, first of all a change of name would be necessary. But the management shows itself very little insightful and unwilling in this direction.
And that is not the only point...
its not for gamblers, gambling is just a current use case
But this argumentation again shows clearly how unwilling one is to encounter public criticism.
more FUD from newbie accounts on bitcointalk
October 12, 2018, 06:48:58 AM
As a BYTEBALL user and investor of the first hour I would like to thank you for the very good work of the team and especially Tony. I continue to stick to this project and see great potential in it.
The mobile wallet is great and intuitive, the same goes for the desktop wallet. I would recommend anyone to try the wallets and chatbots.
However, I would like to attach a few constructive criticisms and suggestions for improvement:
a) Bot Store: The amount of new chatbots makes this area more and more confusing. Best Case would be a UI like the Apple App Store with overviews, recommendations, different categories and with detailed descriptions. The chatbots urgently need a better detail page.
b) The Unit Byte: I know, this is a much discussed topic and actually the unit is good. In reality, the representation of bytes and the jump between bytes, MB and GB is often confusing. For example, it took me two tries to transfer the correct amount from my desktop wallet (unit there: GB) to my mobile wallet (unit there: MB), although I'm actually very familiar with bytes, megabytes, and so on. So I used a wrong value in GB and sent me 0.1 MB, although I wanted to send 100 MB. I was just too lazy to switch my desktop wallet to MB.
Furthermore, the block explorer with bytes as a unit is not usable by the human eye. There are just too big numbers to capture them at a glance. Generally I would recommend to relaunch the block explorer. The Explorer is very confusing.
My recommendation would be to install a simple switch anywhere in the UI or to take MB as the default, at least for the block explorer.
c) Website / Communication: Honestly, the website seems to me "too cheap". Sorry for the harsh words. The website / communication (+ YT, Twitter, etc.) is not worthy of a multi-million dollar project. The website looks like a $ 25 WordPress theme. This always strikes me when the buttons "Subscribe to Newsletter" and "Download Wallet" appear. This looks like a "purchased standard theme"! A simple website was good at the beginning and underlined the "it just works" principle. But this has to evolve. The website and the whole communication concept should promote real professionals, not just a single graphic designer or individual consultant. Take a real communication leader and put everything to the test. I mean, for example an agency like the one that has created the new corporate logo and developed the new livery of the aircraft at Lufthansa. An agency from this league. Byteball also plays in this league. This costs a lot of money, yes, but it is well spent money.
The mobile wallet is great and intuitive, the same goes for the desktop wallet. I would recommend anyone to try the wallets and chatbots.
However, I would like to attach a few constructive criticisms and suggestions for improvement:
a) Bot Store: The amount of new chatbots makes this area more and more confusing. Best Case would be a UI like the Apple App Store with overviews, recommendations, different categories and with detailed descriptions. The chatbots urgently need a better detail page.
b) The Unit Byte: I know, this is a much discussed topic and actually the unit is good. In reality, the representation of bytes and the jump between bytes, MB and GB is often confusing. For example, it took me two tries to transfer the correct amount from my desktop wallet (unit there: GB) to my mobile wallet (unit there: MB), although I'm actually very familiar with bytes, megabytes, and so on. So I used a wrong value in GB and sent me 0.1 MB, although I wanted to send 100 MB. I was just too lazy to switch my desktop wallet to MB.
Furthermore, the block explorer with bytes as a unit is not usable by the human eye. There are just too big numbers to capture them at a glance. Generally I would recommend to relaunch the block explorer. The Explorer is very confusing.
My recommendation would be to install a simple switch anywhere in the UI or to take MB as the default, at least for the block explorer.
c) Website / Communication: Honestly, the website seems to me "too cheap". Sorry for the harsh words. The website / communication (+ YT, Twitter, etc.) is not worthy of a multi-million dollar project. The website looks like a $ 25 WordPress theme. This always strikes me when the buttons "Subscribe to Newsletter" and "Download Wallet" appear. This looks like a "purchased standard theme"! A simple website was good at the beginning and underlined the "it just works" principle. But this has to evolve. The website and the whole communication concept should promote real professionals, not just a single graphic designer or individual consultant. Take a real communication leader and put everything to the test. I mean, for example an agency like the one that has created the new corporate logo and developed the new livery of the aircraft at Lufthansa. An agency from this league. Byteball also plays in this league. This costs a lot of money, yes, but it is well spent money.
October 12, 2018, 06:48:32 AM
It's just impossible to download a full node, same problem as Ethereum.
On chain scaling has been proved to be impossible. ^
This shows why we need small blocks and a second layer for scaling.
On chain scaling has been proved to be impossible. ^
This shows why we need small blocks and a second layer for scaling.
unlike ethereum byteball has no blocks
October 12, 2018, 06:47:09 AM
Byteball Bytes Price Prediction
" If you are looking for virtual currencies with good return, GBYTE can be a bad, high-risk 1-year investment option. Byteball Bytes price equal to 42.580 USD at 2018-10-11, but your current investment may be devalued in the future. "
https://walletinvestor.com/forecast/byteball-bytes-prediction
Byteball is a currency for gamblers and players. Exactly this impression he also conveys name.
Should the general public finally take this currency seriously, first of all a change of name would be necessary. But the management shows itself very little insightful and unwilling in this direction.
And that is not the only point...
" If you are looking for virtual currencies with good return, GBYTE can be a bad, high-risk 1-year investment option. Byteball Bytes price equal to 42.580 USD at 2018-10-11, but your current investment may be devalued in the future. "
https://walletinvestor.com/forecast/byteball-bytes-prediction
Byteball is a currency for gamblers and players. Exactly this impression he also conveys name.
Should the general public finally take this currency seriously, first of all a change of name would be necessary. But the management shows itself very little insightful and unwilling in this direction.
And that is not the only point...
its not for gamblers, gambling is just a current use case
But this argumentation again shows clearly how unwilling one is to encounter public criticism.
more FUD from newbie accounts on bitcointalk
October 12, 2018, 03:47:21 AM
Byteball Bytes Price Prediction
" If you are looking for virtual currencies with good return, GBYTE can be a bad, high-risk 1-year investment option. Byteball Bytes price equal to 42.580 USD at 2018-10-11, but your current investment may be devalued in the future. "
https://walletinvestor.com/forecast/byteball-bytes-prediction
Byteball is a currency for gamblers and players. Exactly this impression he also conveys name.
Should the general public finally take this currency seriously, first of all a change of name would be necessary. But the management shows itself very little insightful and unwilling in this direction.
And that is not the only point...
" If you are looking for virtual currencies with good return, GBYTE can be a bad, high-risk 1-year investment option. Byteball Bytes price equal to 42.580 USD at 2018-10-11, but your current investment may be devalued in the future. "
https://walletinvestor.com/forecast/byteball-bytes-prediction
Byteball is a currency for gamblers and players. Exactly this impression he also conveys name.
Should the general public finally take this currency seriously, first of all a change of name would be necessary. But the management shows itself very little insightful and unwilling in this direction.
And that is not the only point...
its not for gamblers, gambling is just a current use case
But this argumentation again shows clearly how unwilling one is to encounter public criticism.
October 12, 2018, 03:30:42 AM
It's just impossible to download a full node, same problem as Ethereum.
On chain scaling has been proved to be impossible. ^
This shows why we need small blocks and a second layer for scaling.
On chain scaling has been proved to be impossible. ^
This shows why we need small blocks and a second layer for scaling.
October 12, 2018, 03:19:10 AM
Bittrex delisting is coming guys, last chance to sell shit 
Am I missing something here or are you just spreading FUD to scoop up some cheap BYTEBALL? Just checked the link for Bittrex's coin removal[1] and haven't seen any shadow of BYTEBALL being listed there. If you are indeed telling the truth, would you mind to sharing the information to us and provide the link where you get that?[1]
https://support.bittrex.com/hc/en-us/sections/200560334-Coin-Removals
you are missing nothing, just poor attempts at FUD
October 12, 2018, 03:17:03 AM
Byteball Bytes Price Prediction
" If you are looking for virtual currencies with good return, GBYTE can be a bad, high-risk 1-year investment option. Byteball Bytes price equal to 42.580 USD at 2018-10-11, but your current investment may be devalued in the future. "
https://walletinvestor.com/forecast/byteball-bytes-prediction
Byteball is a currency for gamblers and players. Exactly this impression he also conveys name.
Should the general public finally take this currency seriously, first of all a change of name would be necessary. But the management shows itself very little insightful and unwilling in this direction.
And that is not the only point...
" If you are looking for virtual currencies with good return, GBYTE can be a bad, high-risk 1-year investment option. Byteball Bytes price equal to 42.580 USD at 2018-10-11, but your current investment may be devalued in the future. "
https://walletinvestor.com/forecast/byteball-bytes-prediction
Byteball is a currency for gamblers and players. Exactly this impression he also conveys name.
Should the general public finally take this currency seriously, first of all a change of name would be necessary. But the management shows itself very little insightful and unwilling in this direction.
And that is not the only point...
its not for gamblers, gambling is just a current use case
October 12, 2018, 02:26:18 AM
... But complaining doesnt help
No, of course not, as long as the management doesn't give a damn about the user's comments.As long as the thing is called "Byteball", every effort to advance this project is a waste of time and energy.
So if we find a more suitable name, we solve the next problem, but together.
October 12, 2018, 02:06:38 AM
An issue with PoW is that some miners are greedy. They want to earn high transaction fees, but users want low fees. There is an inherent conflict of interest between users and miners. Byteball has fair fees. You pay 1 byte in fees to add 1 byte to the DAG. Simple.
limited bandwidth problem. If bitcoin blocks are full, users with the highest fees get place in the blocks.
If byterbal bandwidth full (15 tps). Byteball network has a negative feedback loop for higher values than 15 tps. Such negative feedback is quickly non linear and becomes >1 at higher rates than 17 tps (in others words after 17 tps any attempt to push 1 more post per second to the network has a larger negative impact over the whole network which slow downs more than 1 tps). The Byteball networks response adjusted itself to the requested tps up to 15 tps then the network started becoming congested under a non linear curve scheme for higher tps request. At 15 tps requested, the response is 14.74 tps. At 16 tps the response is 14.32 tps. At 17 tps requested the response is 12.97 tps. At 18 tps the response is 10.04 tps.
@meterse Stop spreading misinformation. Byterbal does not solve the problem, it moves it to another corner. Any sane person understands that it is better to have the ability to send money for a higher fee than not having such an opportunity at all.
October 11, 2018, 08:37:44 PM
An issue with PoW is that some miners are greedy. They want to earn high transaction fees, but users want low fees. There is an inherent conflict of interest between users and miners. Byteball has fair fees. You pay 1 byte in fees to add 1 byte to the DAG. Simple.
October 11, 2018, 12:01:05 PM
Byteball Bytes Price Prediction
" If you are looking for virtual currencies with good return, GBYTE can be a bad, high-risk 1-year investment option. Byteball Bytes price equal to 42.580 USD at 2018-10-11, but your current investment may be devalued in the future. "
https://walletinvestor.com/forecast/byteball-bytes-prediction
Byteball is a currency for gamblers and players. Exactly this impression he also conveys name.
Should the general public finally take this currency seriously, first of all a change of name would be necessary. But the management shows itself very little insightful and unwilling in this direction.
And that is not the only point...
" If you are looking for virtual currencies with good return, GBYTE can be a bad, high-risk 1-year investment option. Byteball Bytes price equal to 42.580 USD at 2018-10-11, but your current investment may be devalued in the future. "
https://walletinvestor.com/forecast/byteball-bytes-prediction
Byteball is a currency for gamblers and players. Exactly this impression he also conveys name.
Should the general public finally take this currency seriously, first of all a change of name would be necessary. But the management shows itself very little insightful and unwilling in this direction.
And that is not the only point...
October 11, 2018, 08:06:35 AM
Serious investor:
Mmmm this byteball platform seems serious and undervalued...
I am going to suscribe to newsletter...
Binaryballs, not working...
$0.25/MB at the time of writing, now $0.05/MB...
Mmmm better stay away from this thing.
Get ready to see 5-6 mbtc/GB and probably lower
Mmmm this byteball platform seems serious and undervalued...
I am going to suscribe to newsletter...
Binaryballs, not working...
$0.25/MB at the time of writing, now $0.05/MB...
Mmmm better stay away from this thing.
Get ready to see 5-6 mbtc/GB and probably lower
Hummm... you can not say that Binaryballs is the cause of such flat EEG. Binaryballs was discontinued due to EU regulation. The pathology is intrinsically linked to the patient itself.
October 11, 2018, 07:33:39 AM
Serious investor:
Mmmm this byteball platform seems serious and undervalued...
I am going to suscribe to newsletter...
Binaryballs, not working...
$0.25/MB at the time of writing, now $0.05/MB...
Mmmm better stay away from this thing.
Get ready to see 5-6 mbtc/GB and probably lower
Mmmm this byteball platform seems serious and undervalued...
I am going to suscribe to newsletter...
Binaryballs, not working...
$0.25/MB at the time of writing, now $0.05/MB...
Mmmm better stay away from this thing.
Get ready to see 5-6 mbtc/GB and probably lower
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