Author

Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 878. (Read 1234271 times)

legendary
Activity: 2142
Merit: 1010
Newbie
Why dont you go and troll somewhere else.

Harmed much? Was it your sockpuppet?
legendary
Activity: 2142
Merit: 1010
Newbie
Do you have any other questions?

Yes, if you don't have reputation on this forum, what reputation do you have?
sr. member
Activity: 336
Merit: 260
For the community, there is another Valentine gift  Smiley
....
How many from Canada Wink ?!
Google does not provide absolute numbers. No idea - probably only one.
But canada is a whale area - everyone knows that  Grin Grin

sr. member
Activity: 378
Merit: 250
You can even now begin using my witness.

Witness 7ULGTPFB72TOYA67YNGMX2Y445FSTL7O replaces UENJPVZ7HVHM6QGVGT6MWOJGGRTUTJXQ

Quote
Activity: 4

Good joke. Or an attempt to offend us implying our average IQ is in single digits range.
Why dont you go and troll somewhere else.

I for one do not favor a bitcointalk legendary or super-status member to run a witness, such accounts can be bought, that doesnt mean the reputation follows, that portabella is such a newb is in his favor.

Portabella, I ran a witness but few wanted to use it. Good luck anyway. Added.
newbie
Activity: 29
Merit: 0
If by "centralized 'mechanism'" you mean the fact that tonych control all 12 witnesses I'd say I don't think the mechanism of changing witnesses is somehow deactivate 'till the distribution is over.
I think it's in full blow validity and someone who present a very compelling argument to be one of the twelve witnesses could assume the role.
Now, tonych may have any number of reasons to be in this role, but one would be: the network had to start securely somewhere, and the other being: no one's showed up yet with the needed reputation and credibility.

Finally some voice of reason. I felt so lonely with my arguments among all "hodl, to the moon etc." mindless cheerleaders. Thanks for that. It would be nice to hear from tonych what is his plan (if any) for relinquishing control over witnesses and breaking down the current one man cartel. It's obvious that it's very early to talk about that but some plan needs to be outlined if the system is to be considered in the future something more than privately controlled currency by one man. It's so centralized at the moment that the wallet "decentralized value" slogan sounds like a joke.

I think I wasn't able to to express myself appropriately as I certainly wasn't advocating any urge for "tonych to relinquishing control over" anything, much less "breaking down the current one man cartel" in anyway.
In fact, I think the current situation is heath and expected for this stage of the project, and changing witnesses to be risk at the moment (I, for one, won't do this). Byteball need to grow much more so it can resist attacks as I think byteball's decentralized qualities will manifest themselves incrementally while it grows (I am currently learning and can not fully back this claim up, but I can sense witnesses may provide unheard levels of decentralization, much greater than many here acknowledge).
Besides, as far as I know, tonych can't do anything if economy decide to change some witness, apart from offering new version of the software (open source) which s0mehow enforce the witnesses he prefers.  But then, he has to convince everyone to update to his version (admittedly very easy now as I think he, for the foreseen future, has much trust of the economy).
I guess, this puts me in the "mindless cheerleaders" category then Wink.
newbie
Activity: 25
Merit: 0
You can even now begin using my witness.

Witness 7ULGTPFB72TOYA67YNGMX2Y445FSTL7O replaces UENJPVZ7HVHM6QGVGT6MWOJGGRTUTJXQ

Quote
Activity: 4

Good joke. Or an attempt to offend us implying our average IQ is in single digits range.
No offense meant. Yes, low activity, independence. Ive come to this thread due to this actually being Byteball news on the internet.

Do you have any other questions?
legendary
Activity: 2142
Merit: 1010
Newbie
You can even now begin using my witness.

Witness 7ULGTPFB72TOYA67YNGMX2Y445FSTL7O replaces UENJPVZ7HVHM6QGVGT6MWOJGGRTUTJXQ

Quote
Activity: 4

Good joke. Or an attempt to offend us implying our average IQ is in single digits range.
newbie
Activity: 25
Merit: 0
If by "centralized 'mechanism'" you mean the fact that tonych control all 12 witnesses I'd say I don't think the mechanism of changing witnesses is somehow deactivate 'till the distribution is over.
I think it's in full blow validity and someone who present a very compelling argument to be one of the twelve witnesses could assume the role.
Now, tonych may have any number of reasons to be in this role, but one would be: the network had to start securely somewhere, and the other being: no one's showed up yet with the needed reputation and credibility.

Finally some voice of reason. I felt so lonely with my arguments among all "hodl, to the moon etc." mindless cheerleaders. Thanks for that. It would be nice to hear from tonych what is his plan (if any) for relinquishing control over witnesses and breaking down the current one man cartel. It's obvious that it's very early to talk about that but some plan needs to be outlined if the system is to be considered in the future something more than privately controlled currency by one man. It's so centralized at the moment that the wallet "decentralized value" slogan sounds like a joke.
You can even now begin using my witness.

Witness 7ULGTPFB72TOYA67YNGMX2Y445FSTL7O replaces UENJPVZ7HVHM6QGVGT6MWOJGGRTUTJXQ

Replace the one which is the last in current list which is UENJPVZ7HVHM6QGVGT6MWOJGGRTUTJXQ

This is intended actually to be a well run witness, it has been on for a while now, the keys are very safe, it is on good hardware. Just waiting to make a real announce of the witness together with witness-policy and my background and intent with this, and need to gather more technical experience.

Of course the primary intent to run witness is to gather fees, but for me, long-term this witness will actually distribute a percentage of its fees to Wikipedia and Free Software Foundation. Using this witness you would support these non-profit organizations. I got no connection to those orgs other than being donator and have been associate member of FSF.

Choose the witness above if you want simplicity, independence, and to support freedom of software and freedom to acquire knowledge. I am one man, but have no debts, political or religious affiliations, basically am unknown in the cryptopunk or finance world. My technical skills are solid, so if I come under government or crypto-nerd pressure I can do like thepiratebay, disappear but the witness and its keys will continue serving. To see these tech skills in action, I run a witness, several hubs, created the first asset after blackbytes (called First), and left a message for the wife in the DAG like strawman.  Cheesy
sr. member
Activity: 297
Merit: 250
If by "centralized 'mechanism'" you mean the fact that tonych control all 12 witnesses I'd say I don't think the mechanism of changing witnesses is somehow deactivate 'till the distribution is over.
I think it's in full blow validity and someone who present a very compelling argument to be one of the twelve witnesses could assume the role.
Now, tonych may have any number of reasons to be in this role, but one would be: the network had to start securely somewhere, and the other being: no one's showed up yet with the needed reputation and credibility.

Finally some voice of reason. I felt so lonely with my arguments among all "hodl, to the moon etc." mindless cheerleaders. Thanks for that. It would be nice to hear from tonych what is his plan (if any) for relinquishing control over witnesses and breaking down the current one man cartel. It's obvious that it's very early to talk about that but some plan needs to be outlined if the system is to be considered in the future something more than privately controlled currency by one man. It's so centralized at the moment that the wallet "decentralized value" slogan sounds like a joke.
legendary
Activity: 1611
Merit: 1001
Hi all, i have maybe stupid question.. but is there a way how to setup own 'private' byteball network, completely independend?
thx.

do you mean issuing your own private asset like blackbytes or starting a whole new DAG?

in short yes, somethink like this, mainly for learning purposes, beacause i think about some project and want to use standard 'blockcahin tech' and looking for something newer. But need some additional functionality, no interested in cloning..so need deeper understanding..

my suggestion is search for the word "genesis" in the github repository
legendary
Activity: 1364
Merit: 1000
For the community, there is another Valentine gift  Smiley

The screenshot was made in the German browser, but you only have to look at the map..

screenshot date 2017-2-7


screenshot date 2017-2-14

Welcome Russia, Austria and Canada

Source "Google trend" keyword "Byteball" time: last 7 days

How many from Canada Wink ?!
sr. member
Activity: 535
Merit: 250
Love me tender
Hi all, i have maybe stupid question.. but is there a way how to setup own 'private' byteball network, completely independend?
thx.

do you mean issuing your own private asset like blackbytes or starting a whole new DAG?

in short yes, somethink like this, mainly for learning purposes, beacause i think about some project and want to use standard 'blockcahin tech' and looking for something newer. But need some additional functionality, no interested in cloning..so need deeper understanding..
newbie
Activity: 29
Merit: 0
Could you explain in detail why you do not think Byteball is not a crypto currency? All what I understood so far is that Byteball uses some centralized "mechanisms" to stabilize and/or secure the network. This will be stopped as soon as most coins are distributed and a critical amount of users use Byteball. Is this right so far? However the coin is still designed to be a crypto currency.

If by "centralized 'mechanism'" you mean the fact that tonych control all 12 witnesses I'd say I don't think the mechanism of changing witnesses is somehow deactivate 'till the distribution is over.
I think it's in full blow validity and someone who present a very compelling argument to be one of the twelve witnesses could assume the role.
Now, tonych may have any number of reasons to be in this role, but one would be: the network had to start securely somewhere, and the other being: no one's showed up yet with the needed reputation and credibility.
legendary
Activity: 1611
Merit: 1001
Hi all, i have maybe stupid question.. but is there a way how to setup own 'private' byteball network, completely independend?
thx.

do you mean issuing your own private asset like blackbytes or starting a whole new DAG?
sr. member
Activity: 535
Merit: 250
Love me tender
Hi all, i have maybe stupid question.. but is there a way how to setup own 'private' byteball network, completely independend?
thx.
legendary
Activity: 1764
Merit: 1000
I embedded a valentine's day message for my gf in the dag last night  Cheesy

https://explorer.byteball.org/#JwUteajaUhsM0iO9NdJRaO10WvLobxf29BYZj4wFNjw=

BYTEBALL RULES!

heh, awesome. how did you do that?
sr. member
Activity: 336
Merit: 260
For the community, there is another Valentine gift  Smiley

The screenshot was made in the German browser, but you only have to look at the map..

screenshot date 2017-2-7


screenshot date 2017-2-14

Welcome Russia, Austria and Canada

Source "Google trend" keyword "Byteball" time: last 7 days
legendary
Activity: 1540
Merit: 1096
Could you explain in detail why you do not think Byteball is not a crypto currency? ...
... Byteball is not a true cryptocurrency, but it has great potential.
From Byteball Whitepaper: "Reliance on witnesses is what makes Byteball rooted in the real world. At the same time, it makes it highly dependent on human decisions.". The true cryptocurrency doesn't rely on any trust.
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