Obyte: Totally new consensus algorithm + private untraceable payments - page 152.

LoyceV

legendary

Activity: 3290

Merit: 16489

Thick-Skinned Gang Leader and Golden Feather 2021

Quote from: StandingTall on July 18, 2018, 02:42:55 PM

I run a simulation on how Byteball scales in terms of fees collected by witnesses and results are mind boggling:

So you figured out that if 1 GB goes up 1 million percent, and the number of transactions goes up 100000%, the revenue per witness goes up 1000000000%?
Without checking the rest of your calculations, if you think you can store a database that increases with 86.4 GB per day on a single server type PC, you're going to be disappointed. The witnesses will also need to send massive amounts of data to thousands of clients per second.

StandingTall

jr. member

Activity: 81

Merit: 8

Hi,

I run a simulation on how Byteball scales in terms of fees collected by witnesses and results are mind boggling:

- if Byteball is ever to scale to the so called "Visa level" (2000 tps) and accordingly the market cap reaches $1T (just ten times the current Bitcoin market cap) monthly fees collected by 1 witness will reach $216,000,000.

This does not seem to be sustainable. Running a witness (on a single server type PC machine) would become as profitable as one of the top 10 biggest corporations in the world.

Freefactomizer

full member

Activity: 346

Merit: 107

Quote from: slovakia on July 18, 2018, 11:11:12 AM

Quote from: Freefactomizer on July 17, 2018, 01:14:18 AM

Quote from: slovakia on July 17, 2018, 01:06:32 AM

any news about to resume the Byte distribution for WCG?

It will happen very soon.

days,weeks,months?

Now.
https://medium.com/byteball/byteball-world-community-grid-distribution-is-back-on-track-21ceadb5196e

slovakia

full member

Activity: 770

Merit: 100

Quote from: Freefactomizer on July 17, 2018, 01:14:18 AM

Quote from: slovakia on July 17, 2018, 01:06:32 AM

any news about to resume the Byte distribution for WCG?

It will happen very soon.

days,weeks,months?

CryptKeeper

legendary

Activity: 2044

Merit: 1055

Quote from: PeterDecosse on July 18, 2018, 08:53:17 AM

I referred a friend and he got his 199Mb, explorer show i send him 60K and only me, but no payment for attestation meaning no 49K sent, it's really weird. So no referral was paid also. How can this be fixed?

Questions relating to Steem attestation referral rewards

Steem attestations resumed July 16. If you have a question regarding referral reward attestations please submit the details through this Google Form. Please do not post your question on Slack, Telegram, Twitter etc, as to investigate your query we need all the information that the form requests.

PeterDecosse

newbie

Activity: 72

Merit: 0

I referred a friend and he got his 199Mb, explorer show i send him 60K and only me, but no payment for attestation meaning no 49K sent, it's really weird. So no referral was paid also. How can this be fixed?

cointrader78

newbie

Activity: 140

Merit: 0

Hi! A good friend of mine downloaded the wallet from the website directly, but he wants to use my referral ID. Is there a way to do this??? Any help is very much appreciated.

zuzuca

sr. member

Activity: 490

Merit: 250

Quote from: jwinterm on July 17, 2018, 04:13:19 PM

Quote from: StandingTall on July 17, 2018, 02:56:23 PM

Why are you all using medium.com instead of steemit.com for writing blog posts? It's high time to switch.

It's like appealing to Linux users and publicly demonstrating the use of Windows.

Steem is hot garbage. Fuck that shitcoin/token/whatever.

totally agree. a shitcoin with a very shady way of generating value for it's content.

Freefactomizer

full member

Activity: 346

Merit: 107

Quote from: zazarb on July 18, 2018, 05:02:33 AM

Full last week until now I can't launch wallet(full version )
After launch instantly receive error message:

Quote

Uncaught exception: Error: Mandatory upgrade required, please check the release notes at https://github.com/byteball/byteball/releases and upgrade.

but my wallet is latest version 2.4.0

Latest version is 2.4.1

zazarb

legendary

Activity: 3542

Merit: 1548

Get loan in just five minutes goo.gl/8WMW6n

Full last week until now I can't launch wallet(full version )
After launch instantly receive error message:

Quote

Uncaught exception: Error: Mandatory upgrade required, please check the release notes at https://github.com/byteball/byteball/releases and upgrade.

but my wallet is latest version 2.4.0

jwinterm

legendary

Activity: 3136

Merit: 1116

Quote from: StandingTall on July 17, 2018, 02:56:23 PM

Why are you all using medium.com instead of steemit.com for writing blog posts? It's high time to switch.

It's like appealing to Linux users and publicly demonstrating the use of Windows.

Steem is hot garbage. Fuck that shitcoin/token/whatever.

StandingTall

jr. member

Activity: 81

Merit: 8

Why are you all using medium.com instead of steemit.com for writing blog posts? It's high time to switch.

It's like appealing to Linux users and publicly demonstrating the use of Windows.

elitecstrike

full member

Activity: 560

Merit: 101

Network issues over the weekend and questions about Steem attestations
https://medium.com/byteball/network-issues-over-the-weekend-and-questions-about-steem-attestations-99935d9a3efd

As you may know the Byteball network experienced issues July 13–15. Clearly the timing was not great given the surge in new users following the Steem release made on July 12.
The good news is these have been fixed. Technical details on what happened can be found towards the bottom of this article. But first, here are some resources for the many new users we have attracted from the Steem community.

publiccoin57

newbie

Activity: 110

Merit: 0

Chat is encrypted client side and shared with the peer through the hub. It can be decrypted only by the recipient so the hub merely relays the message which isn't stored on the DAG. Blackbytes works in pretty much the same way, only a hash of the transaction is posted to the DAG. As of version 2.3, a blackbytes transaction can be sent including the entire coin history in an encrypted file, too.

CryptKeeper

legendary

Activity: 2044

Merit: 1055

-blank-

CryptKeeper

legendary

Activity: 2044

Merit: 1055

Quote from: langnhangvl on July 17, 2018, 09:11:07 AM

Hello Is there anyone encountered the same problem ? I downloaded Byteball wallet ages ago, and I deleted it and reinstall it lately, but it just keep syncing every single day

I guess you once had the full wallet installed, which needs a very long time to sync. If you have no coins in your wallet, you can do a fresh install of a 'light' wallet by deleting your Byteball folder in userdata:

Windows: %LOCALAPPDATA%\byteball
MacOS: ~/Library/Application Support/byteball
Linux: ~/.config/byteball

langnhangvl

newbie

Activity: 82

Merit: 0

Hello Is there anyone encountered the same problem ? I downloaded Byteball wallet ages ago, and I deleted it and reinstall it lately, but it just keep syncing every single day

CryptKeeper

legendary

Activity: 2044

Merit: 1055

Quote from: Random-String-Symphony on July 17, 2018, 04:57:55 AM

Quote from: weird123 on July 17, 2018, 04:35:21 AM

What is going on with cryptox.pl ? I know that admin is not anonymous person. What he say?

From Slack, yesterday evening:

Quote

grzem [10:38 PM]
Cryptox is down, problem is known, not conected to the Byteball. Probable up tomorrow at 10:00 CET. Too many registrations, just need to solve it with dev.

Update:

Quote

Cryptox suspended new registrations for about 1 week. Not in elegant way but - holiday.

cryptox service shouldn't interrupt.

Random-String-Symphony

member

Activity: 77

Merit: 26

Quote from: weird123 on July 17, 2018, 04:35:21 AM

What is going on with cryptox.pl ? I know that admin is not anonymous person. What he say?

From Slack, yesterday evening:

Quote

grzem [10:38 PM]
Cryptox is down, problem is known, not conected to the Byteball. Probable up tomorrow at 10:00 CET. Too many registrations, just need to solve it with dev.

weird123

newbie

Activity: 25

Merit: 0

What is going on with cryptox.pl ? I know that admin is not anonymous person. What he say?

Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 152. (Read 1234271 times)