Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 981. (Read 1234271 times)
December 31, 2016, 06:11:00 AM
Where can I buy BB?
December 31, 2016, 05:57:59 AM
do not worry 
BYTEBALL will be great.
BYTEBALL will be great.
Why will it be great?
read the whitepaper...
its pure dynamit!
Greetz
Steve
I have it is doesn't look that great to me.
December 31, 2016, 05:56:53 AM
do not worry
BYTEBALL will be great.
BYTEBALL will be great.
Why will it be great?
read the whitepaper...
its pure dynamit!
Greetz
Steve
December 31, 2016, 05:56:22 AM
when is plan byteball coin to added exchanger
already done
cryptox.pl
December 31, 2016, 05:55:44 AM
when is plan byteball coin to added exchanger
December 31, 2016, 05:50:52 AM
do not worry
BYTEBALL will be great.
BYTEBALL will be great.
Why will it be great?
December 31, 2016, 05:49:48 AM
Byteball's now on coinmarletcap. Being on the first page is good publicity.
https://coinmarketcap.com/currencies/byteball/#markets
https://coinmarketcap.com/currencies/byteball/#markets
December 31, 2016, 02:23:17 AM
Quote
Participation in Byteball distribution
If you missed the 1st round of distribution, you can still participate in the further rounds. If you were in the 1st round, you can multiply your holdings. In the second round, which is expected in mid-February, you receive:
- 62.5 MB for every 1 BTC of proven balance
- 0.1 new bytes for every 1 byte (received in the 1st round)
If you missed the 1st round of distribution, you can still participate in the further rounds. If you were in the 1st round, you can multiply your holdings. In the second round, which is expected in mid-February, you receive:
- 62.5 MB for every 1 BTC of proven balance
- 0.1 new bytes for every 1 byte (received in the 1st round)
There was 100 000 GB distributed in the first round.
This means that there will be 10 000 GB distributed to byteball holders in the second round (0.1 new bytes for every 1 byte received in the 1st round).
Let us assume that in the second round there will be 100 000 BTC linked.
This would mean there will be 6250 GB distributed according to BTC balances.
So most likely the dev will distribute much less bytes in the second round (than in the first round).
People tend to be suspicious about cryptos where the majority of coins is held by the dev for a long time.
This is not like Bitcoin where you know everything about the distribution from the beginning. Here we have the dev who reserves the right for himself to distribute most coins arbitrarily in the future. A free airdrop distribution is risky but possible. But here there is one person who controls 90 percent of the total amount of coins and this one person can ARBITRARILY decide about their future distribution. For months, maybe year(s) to come.
This must make byteball feel like a joke for any serious investor.
Well, I can consider all other critics to be a FUD, and the concerns about the ICOs included in distribution can be also somehow discarded (I believe that will not do that much harm at the end of the day), but this concern quoted above sounds really important to me!! And it is a somewhat worrying.
tonych and/or CryptKeeper, could you please address this comment? Its not a simple FUD or grunt of people who are unhappy by distribution. I believe its valid concern.
If the majority of coins remains at your disposal for so long time, how do you think it will affect the adoption by exchanges or other businesses? You may be the most honest person in the world, and will keep all your promises (and I personally believe you will), but how you can prove that to others, so they believe you will not just dump your undistributed coins?
This is a valid concern, lets hope tony has a deadline of 3-6 months for the distro to be completed by. Before then I'd be surprised if the price did anything exciting, too many large holders, but I don't agree with all the negativity by some over the ico whales getting such a big stake, I think long-term their dumping now will be seen in a positive light, it keeps downward pressure on the price so regular Jo & Jane can buy a nice stake at a reasonable price. A period of low prices is essential for a coin without an ico or mining to spread the tokens around, if the price is too high too early then the subsequent crash burns all the early adopters who bought too high, then you have lots of pissed off people calling 'scam' forever more. Look at other coins like NXT that had to distribute 100% of the coins at the start, problems with jealousy and frustration at the ico whales that took years to unwind, I think having the BB ico whale dumping ballast here with BB will keep prices low, let people accumulate, and prevent a lot of anger later on. The NXT whale 'problem' has been avoided here, as the price willbe in the toilet for a while to come, nobody made 2000 bitcoin profit with BB.
Any birthing process looks horrible, who's seen a human born ... looks aweful, but it's effective. BB birth is pretty good, but also has some blood and guts about too.
Pro tip, accumulate BB slowly and expect the price to be very low for 12 months or more
Good post, CS! It really resonated with me
December 31, 2016, 01:02:48 AM
Quote
Participation in Byteball distribution
If you missed the 1st round of distribution, you can still participate in the further rounds. If you were in the 1st round, you can multiply your holdings. In the second round, which is expected in mid-February, you receive:
- 62.5 MB for every 1 BTC of proven balance
- 0.1 new bytes for every 1 byte (received in the 1st round)
If you missed the 1st round of distribution, you can still participate in the further rounds. If you were in the 1st round, you can multiply your holdings. In the second round, which is expected in mid-February, you receive:
- 62.5 MB for every 1 BTC of proven balance
- 0.1 new bytes for every 1 byte (received in the 1st round)
There was 100 000 GB distributed in the first round.
This means that there will be 10 000 GB distributed to byteball holders in the second round (0.1 new bytes for every 1 byte received in the 1st round).
Let us assume that in the second round there will be 100 000 BTC linked.
This would mean there will be 6250 GB distributed according to BTC balances.
So most likely the dev will distribute much less bytes in the second round (than in the first round).
People tend to be suspicious about cryptos where the majority of coins is held by the dev for a long time.
This is not like Bitcoin where you know everything about the distribution from the beginning. Here we have the dev who reserves the right for himself to distribute most coins arbitrarily in the future. A free airdrop distribution is risky but possible. But here there is one person who controls 90 percent of the total amount of coins and this one person can ARBITRARILY decide about their future distribution. For months, maybe year(s) to come.
This must make byteball feel like a joke for any serious investor.
Well, I can consider all other critics to be a FUD, and the concerns about the ICOs included in distribution can be also somehow discarded (I believe that will not do that much harm at the end of the day), but this concern quoted above sounds really important to me!! And it is a somewhat worrying.
tonych and/or CryptKeeper, could you please address this comment? Its not a simple FUD or grunt of people who are unhappy by distribution. I believe its valid concern.
If the majority of coins remains at your disposal for so long time, how do you think it will affect the adoption by exchanges or other businesses? You may be the most honest person in the world, and will keep all your promises (and I personally believe you will), but how you can prove that to others, so they believe you will not just dump your undistributed coins?
This is a valid concern, lets hope tony has a deadline of 3-6 months for the distro to be completed by. Before then I'd be surprised if the price did anything exciting, too many large holders, but I don't agree with all the negativity by some over the ico whales getting such a big stake, I think long-term their dumping now will be seen in a positive light, it keeps downward pressure on the price so regular Jo & Jane can buy a nice stake at a reasonable price. A period of low prices is essential for a coin without an ico or mining to spread the tokens around, if the price is too high too early then the subsequent crash burns all the early adopters who bought too high, then you have lots of pissed off people calling 'scam' forever more. Look at other coins like NXT that had to distribute 100% of the coins at the start, problems with jealousy and frustration at the ico whales that took years to unwind, I think having the BB ico whale dumping ballast here with BB will keep prices low, let people accumulate, and prevent a lot of anger later on. The NXT whale 'problem' has been avoided here, as the price willbe in the toilet for a while to come, nobody made 2000 bitcoin profit with BB.
Any birthing process looks horrible, who's seen a human born ... looks aweful, but it's effective. BB birth is pretty good, but also has some blood and guts about too.
Pro tip, accumulate BB slowly and expect the price to be very low for 12 months or more
December 31, 2016, 12:24:42 AM
What other distribution model would be better?
Even a lottery would be better.
And what is needed to enter this lottery? A Bitcointalk-account? A email? What? On what basis do you want to give tickets away for this Lottery?
Sell them for bitcoins, pay the prize in bytes.
December 30, 2016, 09:10:33 PM
Quote
Participation in Byteball distribution
If you missed the 1st round of distribution, you can still participate in the further rounds. If you were in the 1st round, you can multiply your holdings. In the second round, which is expected in mid-February, you receive:
- 62.5 MB for every 1 BTC of proven balance
- 0.1 new bytes for every 1 byte (received in the 1st round)
If you missed the 1st round of distribution, you can still participate in the further rounds. If you were in the 1st round, you can multiply your holdings. In the second round, which is expected in mid-February, you receive:
- 62.5 MB for every 1 BTC of proven balance
- 0.1 new bytes for every 1 byte (received in the 1st round)
There was 100 000 GB distributed in the first round.
This means that there will be 10 000 GB distributed to byteball holders in the second round (0.1 new bytes for every 1 byte received in the 1st round).
Let us assume that in the second round there will be 100 000 BTC linked.
This would mean there will be 6250 GB distributed according to BTC balances.
So most likely the dev will distribute much less bytes in the second round (than in the first round).
People tend to be suspicious about cryptos where the majority of coins is held by the dev for a long time.
This is not like Bitcoin where you know everything about the distribution from the beginning. Here we have the dev who reserves the right for himself to distribute most coins arbitrarily in the future. A free airdrop distribution is risky but possible. But here there is one person who controls 90 percent of the total amount of coins and this one person can ARBITRARILY decide about their future distribution. For months, maybe year(s) to come.
This must make byteball feel like a joke for any serious investor.
Well, I can consider all other critics to be a FUD, and the concerns about the ICOs included in distribution can be also somehow discarded (I believe that will not do that much harm at the end of the day), but this concern quoted above sounds really important to me!! And it is a somewhat worrying.
tonych and/or CryptKeeper, could you please address this comment? Its not a simple FUD or grunt of people who are unhappy by distribution. I believe its valid concern.
If the majority of coins remains at your disposal for so long time, how do you think it will affect the adoption by exchanges or other businesses? You may be the most honest person in the world, and will keep all your promises (and I personally believe you will), but how you can prove that to others, so they believe you will not just dump your undistributed coins?
GL BB team and happy days in 2017:).
December 30, 2016, 08:38:03 PM
Quote
Participation in Byteball distribution
If you missed the 1st round of distribution, you can still participate in the further rounds. If you were in the 1st round, you can multiply your holdings. In the second round, which is expected in mid-February, you receive:
- 62.5 MB for every 1 BTC of proven balance
- 0.1 new bytes for every 1 byte (received in the 1st round)
If you missed the 1st round of distribution, you can still participate in the further rounds. If you were in the 1st round, you can multiply your holdings. In the second round, which is expected in mid-February, you receive:
- 62.5 MB for every 1 BTC of proven balance
- 0.1 new bytes for every 1 byte (received in the 1st round)
There was 100 000 GB distributed in the first round.
This means that there will be 10 000 GB distributed to byteball holders in the second round (0.1 new bytes for every 1 byte received in the 1st round).
Let us assume that in the second round there will be 100 000 BTC linked.
This would mean there will be 6250 GB distributed according to BTC balances.
So most likely the dev will distribute much less bytes in the second round (than in the first round).
People tend to be suspicious about cryptos where the majority of coins is held by the dev for a long time.
This is not like Bitcoin where you know everything about the distribution from the beginning. Here we have the dev who reserves the right for himself to distribute most coins arbitrarily in the future. A free airdrop distribution is risky but possible. But here there is one person who controls 90 percent of the total amount of coins and this one person can ARBITRARILY decide about their future distribution. For months, maybe year(s) to come.
This must make byteball feel like a joke for any serious investor.
Well, I can consider all other critics to be a FUD, and the concerns about the ICOs included in distribution can be also somehow discarded (I believe that will not do that much harm at the end of the day), but this concern quoted above sounds really important to me!! And it is a somewhat worrying.
tonych and/or CryptKeeper, could you please address this comment? Its not a simple FUD or grunt of people who are unhappy by distribution. I believe its valid concern.
If the majority of coins remains at your disposal for so long time, how do you think it will affect the adoption by exchanges or other businesses? You may be the most honest person in the world, and will keep all your promises (and I personally believe you will), but how you can prove that to others, so they believe you will not just dump your undistributed coins?
December 30, 2016, 07:13:25 PM
Well, this thread is jumping the shark rather quickly!
I enjoyed the intelligent, technical comments from yesterday much much more. The distro model will never please everyone; why argue now? Tony created byteball and he can and will fall on the distribution sword if it comes to that, but remember, it is his baby and he makes the rules. I just can't complain when this cost me nothing.
peace!
I enjoyed the intelligent, technical comments from yesterday much much more. The distro model will never please everyone; why argue now? Tony created byteball and he can and will fall on the distribution sword if it comes to that, but remember, it is his baby and he makes the rules. I just can't complain when this cost me nothing.
peace!
Not true if you hold other alts. It was not and will not be free. Its a dilution coin.
December 30, 2016, 07:11:47 PM
What other distribution model would be better?
Even a lottery would be better.
And what is needed to enter this lottery? A Bitcointalk-account? A email? What? On what basis do you want to give tickets away for this Lottery?
December 30, 2016, 07:10:10 PM
Well, this thread is jumping the shark rather quickly!
I enjoyed the intelligent, technical comments from yesterday much much more. The distro model will never please everyone; why argue now? Tony created byteball and he can and will fall on the distribution sword if it comes to that, but remember, it is his baby and he makes the rules. I just can't complain when this cost me nothing.
peace!
I enjoyed the intelligent, technical comments from yesterday much much more. The distro model will never please everyone; why argue now? Tony created byteball and he can and will fall on the distribution sword if it comes to that, but remember, it is his baby and he makes the rules. I just can't complain when this cost me nothing.
peace!
December 30, 2016, 07:09:04 PM
The dreams:
and the reality:
I contacted Sasha Ivanov, founder of Waves, about the linked address 1NGfrU4YNp8dox1gLeUDyjD5Vpfck9no5j that has 4800 BTC from Waves ICO. His response was that if the project is successful, he is going to distribute our coin as dividend to Waves holders.
and the reality:
Quote from: Sasha link=https://wavesplatform.slack.com/archives/general/p1482999414008654
We managed to make 35 BTC with byteballs, will be distributed as BTC token to WCT holders, it'll happen after the holidays
Thanks for sharing this! I do not know this "Sasha" personally, but everything shows he is a cheater in all aspects. Tony was warned multiple times about those cheaters (by many people, including me), but chose to stick to original rules... No comments, maybe he is right, maybe not. Time will show.
They managed to make 35 BTC ?
It funny how they did end up with such small amount With their linked 6.9k BTC, they should have got at least 100-150 BTC! So this means one of two things: either they are going to dump more soon, or Sasha tricked his own investors, and kept 60-70% of coins for himself
Waithing for Lisk now
The wave team managed to make 35 BTC with byteballs? I was wondering what happened to the byteball price at the exchange, now I know the answer. What is the point to distribute byteballs to these ICO fund, that the only consequence is to dump it? I strong ask the dev to ban all ICO fund in the future distribution.
Distributing to ICO fund doesn't make sense, they don't care about byteballs, they care only their BTCs.
look who has had a change of heart..... lol
hopefully lisk and all the other whales will dump on your ass to so your BB is worthless for eons.
This distributional model is worthless as you will soon find out. No investors are coming here for this ever.
Clone this tech and distribute in a less ridiculous manner.
December 30, 2016, 06:58:45 PM
The dreams:
and the reality:
I contacted Sasha Ivanov, founder of Waves, about the linked address 1NGfrU4YNp8dox1gLeUDyjD5Vpfck9no5j that has 4800 BTC from Waves ICO. His response was that if the project is successful, he is going to distribute our coin as dividend to Waves holders.
and the reality:
Quote from: Sasha link=https://wavesplatform.slack.com/archives/general/p1482999414008654
We managed to make 35 BTC with byteballs, will be distributed as BTC token to WCT holders, it'll happen after the holidays
Thanks for sharing this! I do not know this "Sasha" personally, but everything shows he is a cheater in all aspects. Tony was warned multiple times about those cheaters (by many people, including me), but chose to stick to original rules... No comments, maybe he is right, maybe not. Time will show.
They managed to make 35 BTC ?
It funny how they did end up with such small amount With their linked 6.9k BTC, they should have got at least 100-150 BTC! So this means one of two things: either they are going to dump more soon, or Sasha tricked his own investors, and kept 60-70% of coins for himself
Waithing for Lisk now
The wave team managed to make 35 BTC with byteballs? I was wondering what happened to the byteball price at the exchange, now I know the answer. What is the point to distribute byteballs to these ICO fund, that the only consequence is to dump it? I strong ask the dev to ban all ICO fund in the future distribution.
Distributing to ICO fund doesn't make sense, they don't care about byteballs, they care only their BTCs.
December 30, 2016, 06:46:27 PM
do not worry
BYTEBALL will be great.
BYTEBALL will be great.
December 30, 2016, 05:57:26 PM
In fact there was documentation to check linked BTC balances, actually there was even a website specifically for that (http://transition.byteball.org/). That's why the community was immediately able to spot Waves and Lisk's linked BTC addresses.
Thanks for stepping in and post some useful facts after all these fud posts.
But please don't give these fud posts importance by quoting them!
There is a handy function in bitcointalk which is called 'ignore', please use it to keep updated with the facts and not the fud.
December 30, 2016, 05:50:36 PM
Something is troubling me about the 62.5 MB to 1 BTC rate ... In the opening post, it is written:
Let's assume for the sake of argument that 16*106 bitcoins are linked for the second round, so this means that 1015 bytes should be distributed which wouldn't be possible, or am I missing something? Thx.
Quote
The ratio 62.5 MB per 1 BTC is chosen so that the total money supply of bytes (1015) and the total number of BTC in circulation (16,000,000) are equivalent.
Let's assume for the sake of argument that 16*106 bitcoins are linked for the second round, so this means that 1015 bytes should be distributed which wouldn't be possible, or am I missing something? Thx.
In this unlikely case, we'll distribute the remaining 88% proportionally.
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