I found a nice article on Steemit comparing Byteball and IOTA: https://steemit.com/cryptocurrency/@jimmco/byteball-vs-iota-battle-of-two-dag-cryptocurrencies
The author of the article concludes:
"After making this research I must say I like both of these projects although I consider ByteBall more interesting for general crypto user like myself. As I said there are not much danger for each other but rather for some older types of crypto coins. Simply said ByteBall is great for man-man or man-bot interactions and IOTA for machine-machine or man-machine interaction."
Topic: WHY is a preference to dag-technology, like a BYTEBALL or IOTA? - page 3. (Read 1521 times)
November 26, 2017, 11:14:09 AM
November 26, 2017, 10:59:56 AM
I really look forward to how dag-technology based systems will rise in the future.
It has many advantages than blockchain - based systems - it seems that noone can influence it.
Although I do not know much about it,blockchain technology currently is much more used,so it must be more secure in some way,although it is also true that it has not yet been applied to large scales,and also that one seems to be evolving once interoperability between them is achieved those will do almost the same result that dag-technology systems.It has many advantages than blockchain - based systems - it seems that noone can influence it.
Yes, this is true blockchain is much more used, but we can also see disadvantages of blockchain systems (fees, influecing, etc...) I belive that blockchain tech. used coins - specifically Bitcoin will be used as we are using - or other people using gold
. (not used for paying, just for keeping) Dag-technology based systems will be more suitable for wveryday use - micropayments etc...
November 26, 2017, 10:42:57 AM
I really look forward to how dag-technology based systems will rise in the future.
It has many advantages than blockchain - based systems - it seems that noone can influence it.
Although I do not know much about it,blockchain technology currently is much more used,so it must be more secure in some way,although it is also true that it has not yet been applied to large scales,and also that one seems to be evolving once interoperability between them is achieved those will do almost the same result that dag-technology systems. It has many advantages than blockchain - based systems - it seems that noone can influence it.
November 26, 2017, 10:14:58 AM
Is it possible to change fiat money with byteball or you need to use bitcoin ?
November 26, 2017, 07:43:37 AM
I really look forward to how dag-technology based systems will rise in the future.
It has many advantages than blockchain - based systems - it seems that noone can influence it.
It has many advantages than blockchain - based systems - it seems that noone can influence it.
November 25, 2017, 02:27:21 PM
BYTEBALL is obviously a far better project and is a far better investment from here.
IOta is untested and until it has the training wheels removed and no serious attacks are successful from many months its not even a proven functional design.
I would take byteball as a better bet from here any day.
IOta is untested and until it has the training wheels removed and no serious attacks are successful from many months its not even a proven functional design.
I would take byteball as a better bet from here any day.
You're probably right. Another thing is that the Byteball and IOTA technology is quite similar, as well as their valuation potential. But Byteball has much lower market cap right now, which means that the potential gain is also much bigger.
More people talk about the byteball, but Iota could also have the potential. Could you please point out the main differences?
easy-pizy
Byteball
- the ordering of transactions is based on main chain
- there is no chance of orphaning
- there are deterministic criteria when a transaction becomes final
- has multiple assets and smart contracts
- there are assets that are transferred privately
Iota
IOTA uses PoW
parts of the DAG can be orphaned
there are no exact criteria, it is still probabilistic, based on intuition
is a single token currency with only plain payments
all payments are public
is that from byteball-wiki
November 25, 2017, 02:24:26 PM
Can somebody explain me why is DAG better then blokchain? How It will affect other currencies (ETH,BTC)?
So firstly, DAG is a block free technology. Without miners and their influence on a network. Scalability isn't a problem in cryptos based on DAG. Confirmation time is faster because you mustn't wait than your transaction is placed to a blockchain. Moreover all transaction fees (byteball) go to other users (Iota has zero fees). A lot of wealth from bitcoin ecosystem earn energy companies This is also my understanding, DAG's main edge over so called first generation blockchain is that it is block free. From what I understand, when the network grows, that is more users, more transactions and more nodes, the network actually gets faster and more secure. How exactly this works I don't quite understand at least, not how it helps to scale. I've seen now three DAGs, I believe Byteball was the first one that looked serious and had all that attention thanks to almost hitting $1,000 back in April or May.
But I think this is all theory, they never grew big enough to test their scalability, in my opinion.
November 25, 2017, 02:19:05 PM
SPEED IS THE MOST IMPORTANT. Speed is future.
We are still in the world when the speed is the most important and on the other site people don't like when they have to wait.
So if blockchain think it is not a problem if people will wait many hours for finish one transaction, so blockchain is still living in middle age.
If some paying sistem wants to have future, must be fast as paypal or fiat money when you paying with card....
And from this view BYTEBALL is future - Sayonara blockchain.
We are still in the world when the speed is the most important and on the other site people don't like when they have to wait.
So if blockchain think it is not a problem if people will wait many hours for finish one transaction, so blockchain is still living in middle age.
If some paying sistem wants to have future, must be fast as paypal or fiat money when you paying with card....
And from this view BYTEBALL is future - Sayonara blockchain.
November 23, 2017, 02:13:19 AM
BYTEBALL is obviously a far better project and is a far better investment from here.
IOta is untested and until it has the training wheels removed and no serious attacks are successful from many months its not even a proven functional design.
I would take byteball as a better bet from here any day.
IOta is untested and until it has the training wheels removed and no serious attacks are successful from many months its not even a proven functional design.
I would take byteball as a better bet from here any day.
You're probably right. Another thing is that the Byteball and IOTA technology is quite similar, as well as their valuation potential. But Byteball has much lower market cap right now, which means that the potential gain is also much bigger.
More people talk about the byteball, but Iota could also have the potential. Could you please point out the main differences?
November 22, 2017, 08:16:19 PM
Can somebody explain me why is DAG better then blokchain? How It will affect other currencies (ETH,BTC)?
So firstly, DAG is a block free technology. Without miners and their influence on a network. Scalability isn't a problem in cryptos based on DAG. Confirmation time is faster because you mustn't wait than your transaction is placed to a blockchain. Moreover all transaction fees (byteball) go to other users (Iota has zero fees). A lot of wealth from bitcoin ecosystem earn energy companies Yes, the low fees or zero fees and a much better scalability are the true winning points. By the way, someon can tell me which are exactly the fees at Byteball?
November 22, 2017, 02:18:15 PM
It's a good tech because blockchain can be very slow. It's not super effective and DAG (or tangle) are another way of fixing problem, in particulary SCALING. Scaling is a big problem because you can't do it whitout decrease security. Byteball and IOTA must proof that they can be better than other crypto with blockchain.
November 22, 2017, 02:05:08 PM
Can somebody explain me why is DAG better then blokchain? How It will affect other currencies (ETH,BTC)?
So firstly, DAG is a block free technology. Without miners and their influence on a network. Scalability isn't a problem in cryptos based on DAG. Confirmation time is faster because you mustn't wait than your transaction is placed to a blockchain. Moreover all transaction fees (byteball) go to other users (Iota has zero fees). A lot of wealth from bitcoin ecosystem earn energy companies Many thanks for informations. Is It the DAG technology safe? How is It works?
What do you think about massive outflow of capital from cryptos Based on blokchain, because of fees and transaction speed, in these projects?
Seems like a good project. Do you think that now is the right time to invest in byteball Or will be better to wait a while how the situation around this project will develop?
Where is It best to Trade with these commoditas and what Is needed to have It besides capital to start trading?
November 22, 2017, 06:56:21 AM
Can somebody explain me why is DAG better then blokchain? How It will affect other currencies (ETH,BTC)?
So firstly, DAG is a block free technology. Without miners and their influence on a network. Scalability isn't a problem in cryptos based on DAG. Confirmation time is faster because you mustn't wait than your transaction is placed to a blockchain. Moreover all transaction fees (byteball) go to other users (Iota has zero fees). A lot of wealth from bitcoin ecosystem earn energy companies Many thanks for informations. Is It the DAG technology safe? How is It works?
What do you think about massive outflow of capital from cryptos Based on blokchain, because of fees and transaction speed, in these projects?
Seems like a good project. Do you think that now is the right time to invest in byteball Or will be better to wait a while how the situation around this project will develop?
Where is It best to Trade with these commoditas and what Is needed to have It besides capital to start trading?
November 22, 2017, 05:24:11 AM
Can somebody explain me why is DAG better then blokchain? How It will affect other currencies (ETH,BTC)?
So firstly, DAG is a block free technology. Without miners and their influence on a network. Scalability isn't a problem in cryptos based on DAG. Confirmation time is faster because you mustn't wait than your transaction is placed to a blockchain. Moreover all transaction fees (byteball) go to other users (Iota has zero fees). A lot of wealth from bitcoin ecosystem earn energy companies Many thanks for informations. Is It the DAG technology safe? How is It works?
What do you think about massive outflow of capital from cryptos Based on blokchain, because of fees and transaction speed, in these projects?
Seems like a good project. Do you think that now is the right time to invest in byteball Or will be better to wait a while how the situation around this project will develop?
November 22, 2017, 04:52:53 AM
BYTEBALL is obviously a far better project and is a far better investment from here.
IOta is untested and until it has the training wheels removed and no serious attacks are successful from many months its not even a proven functional design.
I would take byteball as a better bet from here any day.
IOta is untested and until it has the training wheels removed and no serious attacks are successful from many months its not even a proven functional design.
I would take byteball as a better bet from here any day.
I would agree that Byteball is the better of the two projects, and it would be the best of the two to buy even if they were equal in cap, but given that Byteball's marketcap is so much lower it is certainly the one to accumulate.
November 22, 2017, 04:29:16 AM
Can somebody explain me why is DAG better then blokchain? How It will affect other currencies (ETH,BTC)?
So firstly, DAG is a block free technology. Without miners and their influence on a network. Scalability isn't a problem in cryptos based on DAG. Confirmation time is faster because you mustn't wait than your transaction is placed to a blockchain. Moreover all transaction fees (byteball) go to other users (Iota has zero fees). A lot of wealth from bitcoin ecosystem earn energy companies Many thanks for informations. Is It the DAG technology safe? How is It works?
What do you think about massive outflow of capital from cryptos Based on blokchain, because of fees and transaction speed, in these projects?
Seems like a good project. Do you think that now is the right time to invest in byteball Or will be better to wait a while how the situation around this project will develop?
November 21, 2017, 02:52:55 PM
Can somebody explain me why is DAG better then blokchain? How It will affect other currencies (ETH,BTC)?
So firstly, DAG is a block free technology. Without miners and their influence on a network. Scalability isn't a problem in cryptos based on DAG. Confirmation time is faster because you mustn't wait than your transaction is placed to a blockchain. Moreover all transaction fees (byteball) go to other users (Iota has zero fees). A lot of wealth from bitcoin ecosystem earn energy companies Many thanks for informations. Is It the DAG technology safe? How is It works?
What do you think about massive outflow of capital from cryptos Based on blokchain, because of fees and transaction speed, in these projects?
November 21, 2017, 09:03:39 AM
Can somebody explain me why is DAG better then blokchain? How It will affect other currencies (ETH,BTC)?
So firstly, DAG is a block free technology. Without miners and their influence on a network. Scalability isn't a problem in cryptos based on DAG. Confirmation time is faster because you mustn't wait than your transaction is placed to a blockchain. Moreover all transaction fees (byteball) go to other users (Iota has zero fees). A lot of wealth from bitcoin ecosystem earn energy companies Many thanks for informations. Is It the DAG technology safe? How is It works?
What do you think about massive outflow of capital from cryptos Based on blokchain, because of fees and transaction speed, in these projects?
November 21, 2017, 07:44:03 AM
I am really enthusiastic about the second generation of crypto. The first based on blockchains was totaly breakthrough. The new ideas and technologies which it has brought with it are totaly insane. But they have some bugs, some small, some bigger....But the new generation will be something diferent....similar ideas but much better possibilities with better technology. And we are on start line and we can watch it (and have money in it) from the beginning. And it will be greatfull (and very profitable) journey.
November 21, 2017, 06:08:52 AM
Can somebody explain me why is DAG better then blokchain? How It will affect other currencies (ETH,BTC)?
So firstly, DAG is a block free technology. Without miners and their influence on a network. Scalability isn't a problem in cryptos based on DAG. Confirmation time is faster because you mustn't wait than your transaction is placed to a blockchain. Moreover all transaction fees (byteball) go to other users (Iota has zero fees). A lot of wealth from bitcoin ecosystem earn energy companies Jump to: