Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 254. (Read 1234344 times)

how can i get airdrop by "textcoin from Mass sending of textcoins to subscribers of our partners."

So we need spenders here (and at all cryptos with more then getting rich intense), and maybe a good concept to support this user behavior. And support accepting this for payments.
Would there be a way to get some "airdrop" if you spend or accept BB? But to unfold a story this way you just throw all the privacy away. Maybe there are some good ideas around?

it was classified as 'tentative' but it would've been better not to mention it at all and if it was a go to announce it a few weeks beforehand. this method is not too convincing however you want to look at it.



this ID thing will never work. yet again common sense is not on display. you could tell a five year old they'll have to spend 8 bucks that may be wasted to get 20 bucks plus send your ID and their eyes will glaze over before the end of the sentence.

what should be done is to allocate all of the remaining coins to new wallet openings, though I've no idea how you stop that from being spoofed. that settles the distribution for good and then progress can be made.

while the coins are lingering byteball is still in the birthing phase and that needs to end.

i don't want to dump on anyone. i'm not bothered about more free coins. i do want this current limbo to be shot in the head for good. give us some convincing certainty. not wishy washy floating around.

make definitive plans and execute them.

Couldn't agree more. Really looks bad for the reasons many already pointed out.
Giving random people $20 for free will turn them into supporters? Oh well 

Bit of a bad show cancelling an airdrop a week before it's meant to happen.

The problem and the new concerns how long it will take you to finish the distribution with your new methods and make byteball decentralised, 1 year? 10 or 20 years? What about exchanges I am sure you’re aware only the Dev or one of his team members can apply for new exchanges there 0 signs from your side about it,many of the new coins made their way to new exchanges byteball seems to even struggle with existing exchanges like cryptopia as people can’t withdraw their coins there and yet not a word from you.

I have no idea why your post was deleted, moderation on this forum is totally out of my control.

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I understand it was painful for many community members to hear that the March airdrop was cancelled.  But it had to be done for the reasons I stated in November and repeated a few days ago.  Back in summer, there were concerns about what happens when we distribute all the coins and the 10%-20% monthly holding reward goes away.  Since then, we reduced the reward, slowed down the balance-based airdrops, and finally phased them out.  Now, the concerns are over.  Going forward.

Yes, this is the current Zeitgeist in cryptos nowadays. Nobody is interested in any coins except for the rise in price which would allow them to dump on some bagholder. Because it must be clear that people who want to sell high they'd be just happy to screw people who would buy the peak before the price tanking again. So all what "investors" want is just to be able to walk away with more money they had when they walked in, and whatever happens to the coin and to whom will hold it after them is totally irrelevant to them.
This being said, in the place of the dev I'd take the community of Byteball holders, no matter how detached from the spirit of the coin they might be, in some consideration nevertheless.

Ah yes... but do they care about Byteball? Or do they only care about a number in their "investment" portfolio?

All the people here whining about the distribution methods, cancelled airdrops and (most importantly) the price... don't seem to give two shits about Byteball. All they care about is money... and how much "free" money they're NOT getting because the airdrops have been cancelled.

Anyone here who thinks "HODLers" and "investors" are what builds a cryptocurrency are fooling themselves. A bunch of people hoarding something might make the price go up, but it sure as hell doesn't promote usage or encourage vendors to start accepting it as payment.

Can you imagine what the uptake on a service like Paypal would have been if everyone just started putting money into Paypal and were never actually spending it? Because that's what HODLers do... and that's why hardly anyone acccepts Bitcoin... because no-one seems to want to buy anything with it, they're all busy hoarding it.

Byteball should be viewed as more of a service, like Paypal,... a platform... not as some sort of investment. We want people to use it... not hoarding it all hoping it pumps to the moon so they can dump and walk away from it's corpse with a fistful of dollars.

However, we have a very "chicken/egg" problem... we need people to have Byteball to spend it... but they need places to spend it... but there won't be places to spend it if people don't have it...

Thus, the distribution is aimed to get as many people as possible with *some* Byteballs... this will hopefully make it more attractive to prospective vendors... would you rather have 1 customer who has $20,000 to buy whatever it is you sell... or 1000 customers with $20? Granted, it depends a LOT on what you're in the market to sell... but if it's something like coffee... how many coffees is your $20K HODLer likely to buy?

When I saw that subject came in to question again, I thought there is a development. I have invested in both with Btc counterpart airdrop and with my own money. Despite Airdrop, I had 70% loss and quit. (Market cap: $ 356 million, opponents are around $ 3 billion)

The Ethereum code is law I mean Fork-to-take-back-coins-from-broken-code kid has an agenda. His premined Ethereum runs on scam-ICOs to gain popularity, and he must fear the DAG to take over that market.
My simple desktop computer can verify thousands of Bitcoin transactions per seconds (order of magnitude of 1 block per second). It will take a very long time for "every computer" to be the limiting factor.

That post is from person who prefer to   hide his head in the sand, like an ostrich rather then to  gear towards identifying Byteball  problems, including distribution, low profile and  high centralization to name only a few. Sure, people like Marc De Mesel can afford themself to freeze a few M of bucks and wait what will happen. But the mass  from here didn't ripe for it.

hey guys,

What do u think of critique of Vitalik on DAG?

https://www.youtube.com/watch?v=LBy6bGQ7pSs


He says it will improve latency issues, but not scalability issues as with DAG every computer also needs to verify all transactions, and thus the same bottleneck applies as in traditional blockchains.

True or not?



I would say that every computer validating all transactions is not causing the scalability issue we see for example in Bitcoin.

Eventhough every full client will validate all transactions, the network does not need to wait for it in order to continue, but the network does need to wait for a miner to validate a block, and even is not a scalability issue as miners will do this job equally well no matter how much nodes/full clients are in the network. The scalability issue is a non issue as it is articifically caused by capping the blocksize in Bitcoin, causing an aritificial scale limit.


There is a limit in how big you want to let grow the blockchain or dag, as indeed every full client needs to download this and store it, and ethereum for example let it grow much faster as Bitcoin, but still also at a slower rate of demand, thereby seeing trans fees go up as people need to compete to get in, but this problem could also be solved by reducing the data that need be stored (sharding) and possibly many other tricks, thereby allowing demand to meet supply again without needing to pay higher fees.


So a DAG in the end just takes out a bottleneck that Blockchain did have, by removing the blocks where every transaction needed to get in, and allowing transactions to be directly connected to eachother and forming different chains instead of forcing them into blocks that build only 1 chain, you allow a more decentralised way of forming a chain and thereby a faster and more scalable way of building it.


What do u think?

The idea that giving 20$ to a random person will make him a lifelong Byteball community member is a failure. I bet all the people posting here and caring have bought BB.

This is explained in the Byteball wiki page, which contains a list of error messages
https://byteroll.com/error
The site seems to be down now, but once it comes back, you will get your answer.

When I try to send GBB, my wallet says: "Too many authors." Considering splitting the payment into two units. ".
What could it be? How to fix it? I can not do the transaction.

Harsh but spot on. Tony doesn't listen.

Not gonna happen. At this point Byteball would even need a full rebranding to restore investors confidence. There is no reason to think anything is going to change when it hasn't happened when it was easier to come up with a plan and just stick to it.

As I said before just take it or leave it as it is. Don't expect anything and you won't be disappointed. It's more healthy to think that way.  

For me, having less than 10GB's, it's easy to just accept failure (as an asset) in one of many coins. If anyone invested their life savings on it... well, shouldn't have put all your eggs on the same basket, especially in extremely high risk investments.

Oh, and no one was really fooled here... it was perfectly clear from the beginning that this was basically a one man's project, that he decided from the beginning to distribute for free. He can't really be blamed for any posterior value it reached through speculation or any expectations we could have based on our own (wrong) bad judgement.

Probably he never wanted it to hold any (monetary) value and it was all just an undesired side effect due to the high amount of speculation in crypto markets.

Just focus on the tech, monetary value is completely irrelevant at this moment. Maybe in the future some other coins (or as a sidechain) with a market based focus could adopt the code and offer the best of both worlds.

100% agree but history telling us Tonych will never listen or care to what's written in this thread so feel free to continue the discussion regardless to what Tonych will do.