Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 225. (Read 1234271 times)

This. Distribute the rest of the bytes through POW (This is essentially what this method is - POW). Love the idea behind helping science/charity as well

This is truly an excellent and instructive read. It should be given more audience.
I'd recomment to create also content bounties to spread the information about Byteball, which for sure would be sooo much more effective that the current Twitter bounties campaign. Who on earth is watching Twitter?
Content bounties should be given to people able to reach real audiences.

Most currencies have lost 80% of their value in the past few months... it is a macro-problem of the whole crypto echosystem which is in deep bear market.

This is a great suggestion, the distribution has gotten bogged down in controversy lately, lots of toxic comments flying around over Sig campaign mistakes etc world community grid would be unambiguously good cause for BB to be associated with!

Hey ptrk, Good idea. I think Tony would want to see a concrete plan for the distribution of bytes to participants. Is there a fixed amount of bytes given away per time period, with the amount everyone receives being pro-rated by contributions? Or does every registered participant get a fixed amount per month? How to prevent people from joining multiple times and exploiting the distribution method (maybe only real name attestation users can participate)?

If this is pursued I might suggest that only accounts that were already registered as of this date are eligible, and each account gets a fixed amount of bytes regardless of contribution size as long as they meet a minimum threshold. This way the distribution couldn't be exploited. It is unlikely that the people who are already participating have already set up multiple accounts. And Tony does want to bring in new people into the network who aren't already plugged in (a fact that some here have a hard time accepting because it means dilution of their positions).

Idea For A Sustainable Alternative To The Signature Campaign To Airdrop Remaining Bytes

I have been following Byteball for some time and I think the end of free coins just by holding the balance was the right decision. However, I do not like the new way to award coins for posts via a signature campaign. Apart from the fact that the benefit to the project should be limited, users who have high levels and probably already own Bytes are preferred. To get new users -- which should be the goal -- this way is rather not sustainable.

So I have another suggestion where everyone can participate and do something good. I have long been an active member of WorldCommunityGrid where you can leverage your free computing power for meaningful projects and research, e.g. fighting cancer and diseases, and other important things. The software of WorldCommunityGrid named BOINC (Berkeley Open Infrastructure for Network Computing) is quick and easy to install (all major operating systems and mobile phones are supported). Anyone can set up the software in a few minutes and contribute processing power.

My idea: why do not we start a WorldCommunityGrid (WCG) Byteball team. For calculating small tasks, participants receive WCG points automatically. Via a Byteball bot, members can connect their Byteball address with their WCG username, and then receive free bytes from the bot - say, once a week - depending on the amount of WCG points earned. WCG provides a simple API with which the data can be read into the Byteball DAG via an oracle.

The effort is not big. In principle, only the bot would have to be written. I would have liked to set the task, but unfortunately I'm not a great NodeJs programmer.

If possible, the bot could also accept donations, so that the campaign could also be supported by donations and not only by the remaining bytes to be distributed. I would give a donation myself.

Do good and get bytes!
What do you think about the idea?

These guys agree... could be an interesting ICO that gives Byteball a lot of exposure.

https://www.sustainableplatform.com/home/
http://www.sustainabletoken.io/

Edit: as long as it's legit... I haven't seen any recognition from official sources.

It means the seed you recorded (although valid) was never used.

During a recovery, it checks your addresses.  If there is no balance, it checks the next and the next.  I believe it is still 20 addresses ahead.   Nothing there, so it checks the next wallet (I believe 5 wallets).
When nothing is found, it simply stops and gives you that error.

There is a way to force checks of more, but if nothing is in the firsts, then unlikely something in the latter.  Bitcoin webwallets perform a similar check when restoring.

You sure you recorded the seed to the correct wallet?   What are you trying to actually do?

On the "Send" tab you have the option to send "Data" from the drop down menu.



After posting data (text only is allowed) it looks like this:

https://explorer.byteball.org/#QbGi4ULbmJ0jUObbcrCSbFbwc1saNqUR5+p7fTJSSfk=



From now on it's buried forever in the DAG database and will be stored by all full nodes for the end of times.

Since the beginning of start of the project I had coins and charges are farther. Then strong recession began and I sold all coins because it became terrible to hold them. And here now interestingly it is a high time buy can or as in your opinion.

It's been a long time since I used the recover from seed function to recover addresses with no funds or transactions, I think that's the message you get when you do such a thing. Can you say if you managed to recover your address(es)?

Someone correct me if I'm wrong, but decentralization is not the main selling point of Byteball.
I guess there might be some censorship, but not any kind of censorship. Witnesses actions will depend on how much it affects their businesses.

Here is some quote that I found very useful:

Indeed. The core functionality of Byteball is DAG which is superior to the linear blockchain. It's like comparing an uncompress image to jpeg and alike. Maybe one day Ethereum will switch to a DAG, LOL.

Doesnt this mean that if anybody can be forced to censorship then those that control alot of it could be having advantage over the other? That pretty much mean that it isnt really decentralized isnt it? I kinda hard to analyze it on my own, care to explain it in short instead or is there a  link reference for it?

With DAG you sacrifice decentralization  by removing POW and POS. Any Byteball holder can be forced to censorship and responsibility.

frankly, I didn't know about that until saw this. How could I upload and after that download arbitrary data into Byteball DAG? Please, step-by-step.

What does it mean “No active addresses found.” when recovering from the seed?

Is it because the wallet has no bytes or transactions?

They continuously use "Blockchain / DAG" everywhere in the whitepaper, so they probably haven't decided which one to use. They want it for transfer of in-game objects between players.
From the whitepaper: "we chose Ethereum as our base platform because of its customization possibilities and the constant improvements of the computing platform itself." They then go on to describe all of the drawbacks of using this kind of technology for games, they do a good job of describing why it's probably a pretty bad idea.

Mainly transactions speed, fees and irreversibility. A DAG based solution would help with the first two and they think they have figured out some kind of "safety measures" for the last one. They say they want a "risk free environment", so probably some kind of hybrid, not pure DLT. Maybe centralised first then on "commit" by player write to the Blockchain / DAG. Clever marketing will make hardly anyone care about this.

In their own words:
"ByteBall platform is not used yet so widely as Ethereum, but Byteball uses not blockchain technology, but DAG, that solves the above potential issues of Ethereum: the response time in ByteBall is less than 1 sec, the commission for making a transaction is cheaper than Ethereum’s more than in 1000 times and now is on average $ 0.0001. Until we are sure that one of the platforms is much more attractive for our users, we will support both platforms. Tokens released on one platform can be exchanged for tokens from another platform in a 1:1 ratio." [Page 33 from the WP]

Not much of a choice if you ask me, but ICO teams right now are probably too afraid to switch 100% to Byteball because of community backlash, can't just ditch Ethereum and get away with it. This will happen more and more as the serious projects start building their applications. They will find out the hard way that Ethereum doesn't scale and won't for a few years. Then you start looking at alternatives but there are almost none. Byteball is the only working platform on which you can actually build your stuff. A lot of projects never actually release anything so they don't have this problem.

The future is bright for Byteball.

You can't have your cake and eat it too.

I could write a viewer that turns every DaVinci picture into child porn and make the code of this viewer out of characters in the bible. The algorithm to create this code would be derived from the constitution and Einstein's theory of relativity.

That guy complained all the time about Byteball signature campaigns (maybe he implied all campaigns of Byteball projects, which have been operated concurrently). Why is that?
If signature campaigns are not powerful, efficient tool to spread projects information out, no projects' founders, managers will do it in the forum.
It's simple fact.
Moreover, as someone said in previous pages, this guys mainly posted shits. I have spent my precious minutes to look at hist post history and I can not disagree with this point.