Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 756. (Read 1234271 times)
April 29, 2017, 08:35:01 AM
Q:Is 1btc the minimum you need for a full moon drop?
April 29, 2017, 08:18:47 AM
i still was not able to create a smart contract. i just don't get after reading this: https://medium.com/byteball/making-p2p-great-again-episode-iii-prediction-markets-f40d49c0abab
is there an how to for dummies?
First you need to find somebody (a person) to be a party (peer) to your contract. Than you need to pair your device inside wallet with that other person and you can offer a contract via chat. When your peer accepts your contract offer - BOOM! It's done - peer-to-peer contract.is there an how to for dummies?
Yeah, and this brings usefulness of these "smart" contracts pretty much close to zero. I can't imagine anybody in good mind going to slack to search for a peer when he wants to buy air ticket insurance. Insurance is a deal between many peers. Those policy holders who are not affected by insured event pay to those who are affected. Normally, insurance company connects them all together. If somebody implements insurance without a middleman, this will be cool, but this two-side betting in chat bot is never going to work.
This can be easily overcome with a simple website where ppl can place their offers (both providing insurance and seeking insurance) - once you see a suitible offer you just pair via wallet and finalize contract. Pretty simple.
You don't go to slack to sell your used phone. You go to ebay and submit an offer. The same applies to finding a counterparty to a peer to peer contract.
A trade is indeed a deal between two parties, but insurance is not. Insurance is a group contract. It works completely differently than a trade. Those who are not affected by insured event pay to those who are affected. Same with prediction markets, it is a group betting between many peers. If everybody is right or everybody is wrong, nobody wins, but if you bet against the crowd when the crowd is wrong, you win a lot.
You must be kidding.
No, I am serious. This chat bot betting is not going to work, because it is wrong.
Tell me, how many bets were made up to now.
Yeah, right. If the point of byteball is to create things which don't matter, have fun.
Quote
How many emails were sent in 1988?
In contrast to many other things, email does matter. This is because it is done the right way.
April 29, 2017, 08:11:41 AM
Byteball getting more value but from my point of view this is just beginning soon we will be on poloniex because this technology is totally new and it deserve moon. Waiting for next distribution my coins are ready into my wallet hope this time will get more value.
April 29, 2017, 08:08:16 AM
i still was not able to create a smart contract. i just don't get after reading this: https://medium.com/byteball/making-p2p-great-again-episode-iii-prediction-markets-f40d49c0abab
is there an how to for dummies?
First you need to find somebody (a person) to be a party (peer) to your contract. Than you need to pair your device inside wallet with that other person and you can offer a contract via chat. When your peer accepts your contract offer - BOOM! It's done - peer-to-peer contract.is there an how to for dummies?
Yeah, and this brings usefulness of these "smart" contracts pretty much close to zero. I can't imagine anybody in good mind going to slack to search for a peer when he wants to buy air ticket insurance. Insurance is a deal between many peers. Those policy holders who are not affected by insured event pay to those who are affected. Normally, insurance company connects them all together. If somebody implements insurance without a middleman, this will be cool, but this two-side betting in chat bot is never going to work.
This can be easily overcome with a simple website where ppl can place their offers (both providing insurance and seeking insurance) - once you see a suitible offer you just pair via wallet and finalize contract. Pretty simple.
You don't go to slack to sell your used phone. You go to ebay and submit an offer. The same applies to finding a counterparty to a peer to peer contract.
A trade is indeed a deal between two parties, but insurance is not. Insurance is a group contract. It works completely differently than a trade. Those who are not affected by insured event pay to those who are affected. Same with prediction markets, it is a group betting between many peers. If everybody is right or everybody is wrong, nobody wins, but if you bet against the crowd when the crowd is wrong, you win a lot.
You must be kidding.
No, I am serious. This chat bot betting is not going to work, because it is wrong.
Tell me, how many bets were made up to now.
April 29, 2017, 08:04:28 AM
i still was not able to create a smart contract. i just don't get after reading this: https://medium.com/byteball/making-p2p-great-again-episode-iii-prediction-markets-f40d49c0abab
is there an how to for dummies?
First you need to find somebody (a person) to be a party (peer) to your contract. Than you need to pair your device inside wallet with that other person and you can offer a contract via chat. When your peer accepts your contract offer - BOOM! It's done - peer-to-peer contract.is there an how to for dummies?
Yeah, and this brings usefulness of these "smart" contracts pretty much close to zero. I can't imagine anybody in good mind going to slack to search for a peer when he wants to buy air ticket insurance. Insurance is a deal between many peers. Those policy holders who are not affected by insured event pay to those who are affected. Normally, insurance company connects them all together. If somebody implements insurance without a middleman, this will be cool, but this two-side betting in chat bot is never going to work.
This can be easily overcome with a simple website where ppl can place their offers (both providing insurance and seeking insurance) - once you see a suitible offer you just pair via wallet and finalize contract. Pretty simple.
You don't go to slack to sell your used phone. You go to ebay and submit an offer. The same applies to finding a counterparty to a peer to peer contract.
A trade is indeed a deal between two parties, but insurance is not. Insurance is a group contract. It works completely differently than a trade. Those who are not affected by insured event pay to those who are affected. Same with prediction markets, it is a group betting between many peers. If everybody is right or everybody is wrong, nobody wins, but if you bet against the crowd when the crowd is wrong, you win a lot.
You must be kidding.
No, I am serious. This chat bot betting is not going to work, because it is wrong.
Tell me, how many bets were made up to now?
April 29, 2017, 08:00:17 AM
i still was not able to create a smart contract. i just don't get after reading this: https://medium.com/byteball/making-p2p-great-again-episode-iii-prediction-markets-f40d49c0abab
is there an how to for dummies?
First you need to find somebody (a person) to be a party (peer) to your contract. Than you need to pair your device inside wallet with that other person and you can offer a contract via chat. When your peer accepts your contract offer - BOOM! It's done - peer-to-peer contract.is there an how to for dummies?
Yeah, and this brings usefulness of these "smart" contracts pretty much close to zero. I can't imagine anybody in good mind going to slack to search for a peer when he wants to buy air ticket insurance. Insurance is a deal between many peers. Those policy holders who are not affected by insured event pay to those who are affected. Normally, insurance company connects them all together. If somebody implements insurance without a middleman, this will be cool, but this two-side betting in chat bot is never going to work.
This can be easily overcome with a simple website where ppl can place their offers (both providing insurance and seeking insurance) - once you see a suitible offer you just pair via wallet and finalize contract. Pretty simple.
You don't go to slack to sell your used phone. You go to ebay and submit an offer. The same applies to finding a counterparty to a peer to peer contract.
A trade is indeed a deal between two parties, but insurance is not. Insurance is a group contract. It works completely differently than a trade. Those who are not affected by insured event pay to those who are affected. Same with prediction markets, it is a group betting between many peers. If everybody is right or everybody is wrong, nobody wins, but if you bet against the crowd when the crowd is wrong, you win a lot.
You must be kidding.
April 29, 2017, 07:57:43 AM
i still was not able to create a smart contract. i just don't get after reading this: https://medium.com/byteball/making-p2p-great-again-episode-iii-prediction-markets-f40d49c0abab
is there an how to for dummies?
First you need to find somebody (a person) to be a party (peer) to your contract. Than you need to pair your device inside wallet with that other person and you can offer a contract via chat. When your peer accepts your contract offer - BOOM! It's done - peer-to-peer contract.is there an how to for dummies?
Yeah, and this brings usefulness of these "smart" contracts pretty much close to zero. I can't imagine anybody in good mind going to slack to search for a peer when he wants to buy air ticket insurance. Insurance is a deal between many peers. Those policy holders who are not affected by insured event pay to those who are affected. Normally, insurance company connects them all together. If somebody implements insurance without a middleman, this will be cool, but this two-side betting in chat bot is never going to work.
This can be easily overcome with a simple website where ppl can place their offers (both providing insurance and seeking insurance) - once you see a suitible offer you just pair via wallet and finalize contract. Pretty simple.
You don't go to slack to sell your used phone. You go to ebay and submit an offer. The same applies to finding a counterparty to a peer to peer contract.
A trade is indeed a deal between two parties, but insurance is not. Insurance is a group contract. It works completely differently than a trade. Those who are not affected by insured event pay to those who are affected. Same with prediction markets, it is a group betting between many peers. If everybody is right or everybody is wrong, nobody wins, but if you bet against the crowd when the crowd is wrong, you win a lot.
April 29, 2017, 07:50:06 AM
counting days for next distribution as there are 11 more to go. At current prices it is getting harder to buy more bitcoins to hold to be eligible to receive. This time I will manage to get some. We are approaching the due date and my excitement is climbing up.
April 29, 2017, 07:47:39 AM
i still was not able to create a smart contract. i just don't get after reading this: https://medium.com/byteball/making-p2p-great-again-episode-iii-prediction-markets-f40d49c0abab
is there an how to for dummies?
First you need to find somebody (a person) to be a party (peer) to your contract. Than you need to pair your device inside wallet with that other person and you can offer a contract via chat. When your peer accepts your contract offer - BOOM! It's done - peer-to-peer contract.is there an how to for dummies?
Yeah, and this brings usefulness of these "smart" contracts pretty much close to zero. I can't imagine anybody in good mind going to slack to search for a peer when he wants to buy air ticket insurance. Insurance is a deal between many peers. Those policy holders who are not affected by insured event pay to those who are affected. Normally, insurance company connects them all together. If somebody implements insurance without a middleman, this will be cool, but this two-side betting in chat bot is never going to work.
This can be easily overcome with a simple website where ppl can place their offers (both providing insurance and seeking insurance) - once you see a suitible offer you just pair via wallet and finalize contract. Pretty simple.
You don't go to slack to sell your used phone. You go to ebay and submit an offer. The same applies to finding a counterparty to a peer to peer contract. Of course the website will be different but the idea is the same.
April 29, 2017, 07:39:27 AM
i still was not able to create a smart contract. i just don't get after reading this: https://medium.com/byteball/making-p2p-great-again-episode-iii-prediction-markets-f40d49c0abab
is there an how to for dummies?
First you need to find somebody (a person) to be a party (peer) to your contract. Than you need to pair your device inside wallet with that other person and you can offer a contract via chat. When your peer accepts your contract offer - BOOM! It's done - peer-to-peer contract.is there an how to for dummies?
Yeah, and this brings usefulness of these "smart" contracts pretty much close to zero. I can't imagine anybody in good mind going to slack to search for a peer when he wants to buy air ticket insurance. Insurance is a deal between many peers. Those policy holders who are not affected by insured event pay to those who are affected. Normally, insurance company connects them all together. If somebody implements insurance without a middleman, this will be cool, but this two-side betting in chat bot is never going to work.
April 29, 2017, 07:34:57 AM
I hope it doesn't pump either, it would be bad for image. If 1GB is sold at a high price but it is standing on fresh air and nothing supporting it, it will get a bad reputation as P and D. Gentle growth as use cases come along would make it much more solid.
One more reason why I think another 1% should be put aside for would be developers. It would be in all our interests.
One more reason why I think another 1% should be put aside for would be developers. It would be in all our interests.
Let's not forget that 1GB is a huge measure unit.
1 GB is 1/millionth part of (eventual) total coin supply
1 BTC is 1/16millionth part of (current) total coin supply
Therefore 1GB is like 16 bitcoins in terms of total coin supply share.
If byteball achieved parity with BTC with regard to market cap, 1GB would be worth 16 BTC.
... and you can buy one now for 0,16 BTC with a guaranteed 10% free airdrop on a monthly basis...
April 29, 2017, 06:35:22 AM
i still was not able to create a smart contract. i just don't get after reading this: https://medium.com/byteball/making-p2p-great-again-episode-iii-prediction-markets-f40d49c0abab
is there an how to for dummies?
First you need to find somebody (a person) to be a party (peer) to your contract. Than you need to pair your device inside wallet with that other person and you can offer a contract via chat. When your peer accepts your contract offer - BOOM! It's done - peer-to-peer contract.is there an how to for dummies?
thank you very much. i will try it. have a nice weekend.
April 29, 2017, 06:20:35 AM
I hope it doesn't pump either, it would be bad for image. If 1GB is sold at a high price but it is standing on fresh air and nothing supporting it, it will get a bad reputation as P and D. Gentle growth as use cases come along would make it much more solid.
One more reason why I think another 1% should be put aside for would be developers. It would be in all our interests.
One more reason why I think another 1% should be put aside for would be developers. It would be in all our interests.
April 29, 2017, 06:05:02 AM
it was a huge amount more than all the other rounds. maybe 7gb per 1 btc or something.
A quick look at my history, it was about 1.5GB per BTC or something close to that.
I also bought some BB but that didn't get accounted for until the next air drop, so maybe the numbers aren't exact.
April 29, 2017, 05:14:53 AM
This hasn't even pumped yet, market cap is relatively small. Technology is good.
People are slowly realising the potential of byteball. Also they are buying for the next distributions.
People are slowly realising the potential of byteball. Also they are buying for the next distributions.
April 29, 2017, 05:11:16 AM
The value of Bytes is simply unbelievable
April 29, 2017, 04:55:43 AM
do not Pump byteball too hard..we are still at early age.
who do you think "pumps" it now ? these are long term holders who want to get in before it reaches parity with btc.
April 29, 2017, 02:52:52 AM
Don't light wallet cannot receive blackbyteball?I am light wallet byteball how to receive byteball, this is I use before April 12th byteball address TBXDQ7QBVGLJVTLKHY7AZH5RUTGBWLMH because cannot receive blackbyteball now I use the signature style to use the new address QHWTSUTXBPZXGTCSKAS3PMIYB5NJD24M 27G, light wallet how to receive blackbyteball.Because light wallet not synchronized into a full wallet
April 29, 2017, 02:23:16 AM
do not Pump byteball too hard..we are still at early age.
April 29, 2017, 01:06:53 AM
This night (2:59), Byteball exist 3000 hours (125 days).
Gratulation tony & community - well done.
Gratulation tony & community - well done.
best community ever.
Am I only one thinking about the game "Plague"? LMAO
Upgrade our virus!!!!!!
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