WHY is a preference to dag-technology, like a BYTEBALL or IOTA?

tonych

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Quote from: HybCZ on November 21, 2017, 05:08:35 AM

Can somebody explain me why is DAG better then blokchain?

DAG is more decentralized than blockchain.

In blockchains, there are block producers who are centers of power. Only they can add transactions to the ledger (by packaging them into blocks they create) while users can only create transactions but not add them.

In DAG ledgers, this power belongs to users as users both create and add transactions to the ledger. That is, the power distribution is more decentralized.

My recent article discusses this issue in more detail https://blog.obyte.org/distribution-of-power-in-dags-and-blockchains-7727ca1a2b6d

HybCZ

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Quote from: Beroximos on January 16, 2018, 08:01:37 AM

On coinidol has been published some article about DAG cryptos.

https://coinidol.com/designed-to-succeed-iota-raiblocks-and-byteball/

that's exactly what we're talking about from beginning

Beroximos

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On coinidol has been published some article about DAG cryptos.

https://coinidol.com/designed-to-succeed-iota-raiblocks-and-byteball/

HybCZ

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Quote from: Thepoint on January 09, 2018, 05:30:52 PM

Quote from: safariwave on December 21, 2017, 09:10:39 AM

I think this new technology will gain more and more traction, however consensus and some security flaws are still to be fixed, in order to give a better infrastructure than bitcoin style blockchain.

Although I definitely do not think that this technology is the most used currently as the subject clearly stands out,because there are more based on blockchains systems than dags.

For now, more currencies are based on a blockchain, but the DAG is only in the beginning and you will see that the ratio will be offset until the DAG eventually takes over the lead role.

Thepoint

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Quote from: safariwave on December 21, 2017, 09:10:39 AM

I think this new technology will gain more and more traction, however consensus and some security flaws are still to be fixed, in order to give a better infrastructure than bitcoin style blockchain.

Although I definitely do not think that this technology is the most used currently as the subject clearly stands out,because there are more based on blockchains systems than dags.

HybCZ

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Quote from: zaliass on January 09, 2018, 06:35:06 AM

What other DAG technology coins would you recommend and why?

Looks like this could be the way forward.

Heard of some issues with RailBlocks (don't quote me on this) so just wanted to know if im missing any projects which i should be investigating.

I personally did not hear about other DAG cryptocurencies. It will be better to be more interested in these two IOTA and BYTEBALL and other good horses will definitely show up in time;)

zaliass

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What other DAG technology coins would you recommend and why?

Looks like this could be the way forward.

Heard of some issues with RailBlocks (don't quote me on this) so just wanted to know if im missing any projects which i should be investigating.

Black_bl

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Quote from: HybCZ on December 22, 2017, 06:13:07 AM

how do you think the segwit2x will come off it will help BTC or vice versa it will help DAG

Segwit and all another forks will definitely help to DAG currencies....$50 a fee? That's ridiculous

HybCZ

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how do you think the segwit2x will come off it will help BTC or vice versa it will help DAG

windsee

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DAG seems to be a great idea. Its in my watch list now. IOTA has quite a big market cap now

HybCZ

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Quote from: kmxl45 on December 21, 2017, 09:08:47 AM

Quote from: HybCZ on December 21, 2017, 02:03:51 AM

Quote from: kmxl45 on December 20, 2017, 01:58:32 PM

Nice times for DAG currencies. IOTA, RailBlocks and Byteball finally makes deserved up moves last weeks. I think year 2018 will be very interesting especially for this coins.

their dueling of the first will also be interesting

.At first it seemed that IOTA would be the number one DAG coin, but what has shown Byteball lately so it may not be true at all

It is hard to guess who will be no.1 but one thing is sure, it will be very good for holders of both coins Wink

Thats true Wink

. I think all coin based on DAG starting to have a proposal above blokchain based crypto Wink

.

safariwave

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I think this new technology will gain more and more traction, however consensus and some security flaws are still to be fixed, in order to give a better infrastructure than bitcoin style blockchain.

kmxl45

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Quote from: HybCZ on December 21, 2017, 02:03:51 AM

Quote from: kmxl45 on December 20, 2017, 01:58:32 PM

Nice times for DAG currencies. IOTA, RailBlocks and Byteball finally makes deserved up moves last weeks. I think year 2018 will be very interesting especially for this coins.

their dueling of the first will also be interesting

.At first it seemed that IOTA would be the number one DAG coin, but what has shown Byteball lately so it may not be true at all

It is hard to guess who will be no.1 but one thing is sure, it will be very good for holders of both coins Wink

HybCZ

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Quote from: kmxl45 on December 20, 2017, 01:58:32 PM

Nice times for DAG currencies. IOTA, RailBlocks and Byteball finally makes deserved up moves last weeks. I think year 2018 will be very interesting especially for this coins.

their dueling of the first will also be interesting

.At first it seemed that IOTA would be the number one DAG coin, but what has shown Byteball lately so it may not be true at all

kmxl45

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Nice times for DAG currencies. IOTA, RailBlocks and Byteball finally makes deserved up moves last weeks. I think year 2018 will be very interesting especially for this coins.

HybCZ

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Quote from: Dread on December 18, 2017, 06:00:03 AM

Quote from: HybCZ on December 18, 2017, 01:37:37 AM

Quote from: Black_bl on December 17, 2017, 08:07:28 AM

It seems that byteball has awaken....130% per day - very nice

After IOTY's success, people saw the potential of DAG currencies and started to invest in others. Whoever did not believe and did not buy again, they have only the eyes for crying.

his biying and trustless its just time of question

And what do you think buy or not buy? Both or just one?

Dread

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Quote from: HybCZ on December 18, 2017, 01:37:37 AM

Quote from: Black_bl on December 17, 2017, 08:07:28 AM

It seems that byteball has awaken....130% per day - very nice

After IOTY's success, people saw the potential of DAG currencies and started to invest in others. Whoever did not believe and did not buy again, they have only the eyes for crying.

his biying and trustless its just time of question

HybCZ

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Quote from: Black_bl on December 17, 2017, 08:07:28 AM

It seems that byteball has awaken....130% per day - very nice

After IOTY's success, people saw the potential of DAG currencies and started to invest in others. Whoever did not believe and did not buy again, they have only the eyes for crying.

Black_bl

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It seems that byteball has awaken....130% per day - very nice

Black_bl

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Quote from: paparadis on December 12, 2017, 04:45:01 PM

We have been witnesses of a nice rise of IOTA, does anyone think that is time for other DAG-based cryptos?

Of course, there are opportunities like in byteball, aidos kuneen, raiblocks (but raiblocks throughout hype)

paparadis

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We have been witnesses of a nice rise of IOTA, does anyone think that is time for other DAG-based cryptos?

Dread

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new reply by Tonych from conference about DAG and BYTEBALL with IOTA

paypall, blockchain and other challenge of a payment mechanism and their decision

https://www.youtube.com/watch?v=PhI3js_7yWw&t=3s

HybCZ

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Quote from: Black_bl on December 01, 2017, 10:14:29 AM

Quote from: dagfan on November 29, 2017, 08:44:02 AM

Quote from: TimeHacker on November 26, 2017, 02:29:46 PM

Quote from: paparadis on November 26, 2017, 12:38:06 PM

Quote from: TimeHacker on November 26, 2017, 12:30:44 PM

Thanks for sharing the article here.
I also prefer Byteball over IOTA for personal use as a cryptocurrency, but it's true that IOTA is better for machine-machine interactions. In the end, it was ment to be like that by their design.

In what way is IOTA (which requires PoW) better for IoT??

Byteball has a fees (around one cent now) whereas IOTA has zero fees and that's a huge difference

Do you think IOTA will never charge fees?

Other big companies such as volkswagen, cisco microsoft are being added to the project. project. What do you think will be the next development around IOTA?

wertram

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Quote from: TimeHacker on November 18, 2017, 08:44:47 AM

Quote from: cryptohunter on November 17, 2017, 07:37:24 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.

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.

Agree. This is very important fact. You can much easily move some low capitalization currency.

jorneyflair

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Iota definitely has a lot more chance to make it in my opinion. There has already been a few ICO tokens that are built on the iota blockchain if i remember correctly(bitdice and paragon, potentially more), whilst byteball hasn't been used much.

Both has potential, though.

Main attraction is obviously the 0 fee transfers, but they really need to make sure their software has no bugs first.

WhaleSlayer

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Quote from: Dread on November 25, 2017, 03:27:21 PM

Quote from: HybCZ on November 23, 2017, 03:13:19 AM

Quote from: TimeHacker on November 18, 2017, 08:44:47 AM

Quote from: cryptohunter on November 17, 2017, 07:37:24 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.

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

I think this comparison tells it all

I would add that for Iota there is some suspicion of foul play as the price discovery mechanism is concerned - it basically appeared on the market with 2 billions of capitalisation, which is unreal.

Morguk

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DAG will be a winner take all scenario, as they are so scalable and have no fee's. IOTA has won this race already, they have the tech, the people, the money, the marketing, everything. I don't really care about other DAG coins, but I do hold some Raiblocks.

Black_bl

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Quote from: dagfan on November 29, 2017, 08:44:02 AM

Quote from: TimeHacker on November 26, 2017, 02:29:46 PM

Quote from: paparadis on November 26, 2017, 12:38:06 PM

Quote from: TimeHacker on November 26, 2017, 12:30:44 PM

Thanks for sharing the article here.
I also prefer Byteball over IOTA for personal use as a cryptocurrency, but it's true that IOTA is better for machine-machine interactions. In the end, it was ment to be like that by their design.

In what way is IOTA (which requires PoW) better for IoT??

Byteball has a fees (around one cent now) whereas IOTA has zero fees and that's a huge difference

dagfan

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Quote from: TimeHacker on November 26, 2017, 02:29:46 PM

Quote from: paparadis on November 26, 2017, 12:38:06 PM

Quote from: TimeHacker on November 26, 2017, 12:30:44 PM

Thanks for sharing the article here.
I also prefer Byteball over IOTA for personal use as a cryptocurrency, but it's true that IOTA is better for machine-machine interactions. In the end, it was ment to be like that by their design.

In what way is IOTA (which requires PoW) better for IoT??

HybCZ

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BTC forever

What about short manual how to "hop in" to the byteball?

HybCZ

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Quote from: Dread on November 25, 2017, 03:27:21 PM

Quote from: HybCZ on November 23, 2017, 03:13:19 AM

Quote from: TimeHacker on November 18, 2017, 08:44:47 AM

Quote from: cryptohunter on November 17, 2017, 07:37:24 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.

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

thanks. it is obvious that the byteball has biger potentioanl then IOTA. We will see what will bring the time.

Qpeep

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Quote from: TimeHacker on November 14, 2017, 03:23:14 PM

I'd say that Byteball and IOTA are technologically equally good and my bet is that both of them can end up at least in Top5. However, as an investment, Byteball seems to be much more attractive as it's current market cap is much lower, so there's more space for profit.

And why is DAG better? For many reasons. It's much faster (no waiting for block to appear), it doesn't need miners (no politics and drama from big mining groups like now with BTC vs BCH), it's ecological (no wasted energy for PoW)... and many others.

I completely agree on this, and the reason why Byteball is still not correctly priced is that most of the people are diffident in front of technologies which are sooo new. But once it will go through, expect fireworks.

paparadis

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Quote from: TimeHacker on November 26, 2017, 02:29:46 PM

Quote from: paparadis on November 26, 2017, 12:38:06 PM

Quote from: TimeHacker on November 26, 2017, 12:30:44 PM

Thanks for sharing the article here.
I also prefer Byteball over IOTA for personal use as a cryptocurrency, but it's true that IOTA is better for machine-machine interactions. In the end, it was ment to be like that by their design. So I'd say they don't intend to compete each other, but they both can compete older blockchain-based currencies, at least in some aspects.
Also, the author correctly states in the article that especially Byteball seems to be highly undervalued by the market, considering the improvements it brings.

So, you also belive that byteball will rise more in near future?

Yes I do. It has huge technological advantage over blockchain-based cryptocurrencies and I'm sure that slowly but surely this will be recognized also by the market. IMHO the market cap of Byteball should be somewhere close to IOTA, at least.

Thank you. It is always better to read opinions from multiple sources.

CryptoSerenity

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I think that Byteball price was being pushed down by the free airdrop. Soon it should stabilize and the rice will be corrected... upwards.

TimeHacker

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Quote from: paparadis on November 26, 2017, 12:38:06 PM

Quote from: TimeHacker on November 26, 2017, 12:30:44 PM

Thanks for sharing the article here.
I also prefer Byteball over IOTA for personal use as a cryptocurrency, but it's true that IOTA is better for machine-machine interactions. In the end, it was ment to be like that by their design. So I'd say they don't intend to compete each other, but they both can compete older blockchain-based currencies, at least in some aspects.
Also, the author correctly states in the article that especially Byteball seems to be highly undervalued by the market, considering the improvements it brings.

So, you also belive that byteball will rise more in near future?

Yes I do. It has huge technological advantage over blockchain-based cryptocurrencies and I'm sure that slowly but surely this will be recognized also by the market. IMHO the market cap of Byteball should be somewhere close to IOTA, at least.

paparadis

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Quote from: TimeHacker on November 26, 2017, 12:30:44 PM

Quote from: MatrixMining on November 26, 2017, 12:14:09 PM

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."

Thanks for sharing the article here.
I also prefer Byteball over IOTA for personal use as a cryptocurrency, but it's true that IOTA is better for machine-machine interactions. In the end, it was ment to be like that by their design. So I'd say they don't intend to compete each other, but they both can compete older blockchain-based currencies, at least in some aspects.
Also, the author correctly states in the article that especially Byteball seems to be highly undervalued by the market, considering the improvements it brings.

So, you also belive that byteball will rise more in near future?

paparadis

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Quote from: ?? on ??

DAG is technological innovation
It's a new direction of development

Yes, it is innovation of blockchain technology. I belive DAG will be more succesfull than simple blockchain - in everyday use

As I said before, I really look forward too how DAG-based system will rise in the future

TimeHacker

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Quote from: MatrixMining on November 26, 2017, 12:14:09 PM

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."

Thanks for sharing the article here.
I also prefer Byteball over IOTA for personal use as a cryptocurrency, but it's true that IOTA is better for machine-machine interactions. In the end, it was ment to be like that by their design. So I'd say they don't intend to compete each other, but they both can compete older blockchain-based currencies, at least in some aspects.
Also, the author correctly states in the article that especially Byteball seems to be highly undervalued by the market, considering the improvements it brings.

Anonymous Kid

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Quote from: Dread on November 07, 2017, 06:58:57 PM

why is a DAG better than simple blockchain?

Its quite complicated and I am not sure how good your understanding of decentralised technology is, so I will try to make it simple

Here goes:

In a blockchain system blocks (groups of transactions) are confirmed one after the other. This is known as 'series'.
Visual example of a blockchain:

[block]=>[block]=>[block]=>[block]=>[block]

Since only one block can get confirmed at a time, the problem with a blockchain is that it is limited to how fast each block can get confirmed and added to the 'series' chain.

In a direct acyclic graph (DAG) chain, blocks get confirmed in 'parallel' which allows for multiple blocks to get confirmed at a time and is considerably faster as it is not limited to the 'one at a time' problem.

Thats the very basics. If you want a more technical understanding, read IOTA's tangle white paper.

paparadis

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Quote from: MatrixMining on November 26, 2017, 12:14:09 PM

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."

Good and helpful article. Thank you!

MatrixMining

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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."

paparadis

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Quote from: speaktome on November 26, 2017, 11:42:57 AM

Quote from: paparadis on November 26, 2017, 08:43:37 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.

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.

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...

speaktome

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Quote from: paparadis on November 26, 2017, 08:43:37 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.

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.

wertram

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Is it possible to change fiat money with byteball or you need to use bitcoin ?

paparadis

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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.

Dread

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Quote from: HybCZ on November 23, 2017, 03:13:19 AM

Quote from: TimeHacker on November 18, 2017, 08:44:47 AM

Quote from: cryptohunter on November 17, 2017, 07:37:24 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.

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

slaman29

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Livecasino, 20% cashback, no fuss payouts.

Quote from: Black_bl on November 21, 2017, 07:08:52 AM

Quote from: HybCZ on November 21, 2017, 05:08:35 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

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.

wertram

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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.

HybCZ

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Quote from: TimeHacker on November 18, 2017, 08:44:47 AM

Quote from: cryptohunter on November 17, 2017, 07:37:24 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.

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?

WhaleSlayer

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Quote from: Black_bl on November 21, 2017, 07:08:52 AM

Quote from: HybCZ on November 21, 2017, 05:08:35 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

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?

Sanglotslongs2

full member

Activity: 260

Merit: 129

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.

Black_bl

full member

Activity: 503

Merit: 102

Quote from: HybCZ on November 22, 2017, 07:56:21 AM

Quote from: Black_bl on November 22, 2017, 06:24:11 AM

Quote from: HybCZ on November 22, 2017, 05:29:16 AM

Quote from: Black_bl on November 21, 2017, 03:52:55 PM

Quote from: HybCZ on November 21, 2017, 10:03:39 AM

Quote from: Black_bl on November 21, 2017, 07:08:52 AM

Quote from: HybCZ on November 21, 2017, 05:08:35 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?

Safer against certain types of risk. The cohesion of the community, either in the case of Bitcoin or Ethereum, is far away from being as before. The more tensions between the community, the worse for these cryptos. Bitcoin still has its unique status and probably will not change in the near future, but in the long run, it could be change. When the next halving comes, and the reward will be only 6.25btc per block, at that time the main part will be the income from the transactions included in the block, and this will be a new situation that can also affect the "mining fee policy". DAG is a new technology, and we are certainly not aware of all the possible aspects of the use in the world of cryptos. We will be able to look forward to new ideas from the developers of the cryptos based on DAG.

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?

I think that the best approach is gradual investment

Where is It best to Trade with these commoditas and what Is needed to have It besides capital to start trading?

You can trade IOTA via Bitfinex and a few others, Byteball via bittrex and others. The full of the list you can check on coinmarketcap for example. I would say you need your own strategy and to be familiar with these trading platform

HybCZ

full member

Activity: 126

Merit: 100

BTC forever

Quote from: Black_bl on November 22, 2017, 06:24:11 AM

Quote from: HybCZ on November 22, 2017, 05:29:16 AM

Quote from: Black_bl on November 21, 2017, 03:52:55 PM

Quote from: HybCZ on November 21, 2017, 10:03:39 AM

Quote from: Black_bl on November 21, 2017, 07:08:52 AM

Quote from: HybCZ on November 21, 2017, 05:08:35 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?

Safer against certain types of risk. The cohesion of the community, either in the case of Bitcoin or Ethereum, is far away from being as before. The more tensions between the community, the worse for these cryptos. Bitcoin still has its unique status and probably will not change in the near future, but in the long run, it could be change. When the next halving comes, and the reward will be only 6.25btc per block, at that time the main part will be the income from the transactions included in the block, and this will be a new situation that can also affect the "mining fee policy". DAG is a new technology, and we are certainly not aware of all the possible aspects of the use in the world of cryptos. We will be able to look forward to new ideas from the developers of the cryptos based on DAG.

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?

I think that the best approach is gradual investment

Where is It best to Trade with these commoditas and what Is needed to have It besides capital to start trading?

Black_bl

full member

Activity: 503

Merit: 102

Quote from: HybCZ on November 22, 2017, 05:29:16 AM

Quote from: Black_bl on November 21, 2017, 03:52:55 PM

Quote from: HybCZ on November 21, 2017, 10:03:39 AM

Quote from: Black_bl on November 21, 2017, 07:08:52 AM

Quote from: HybCZ on November 21, 2017, 05:08:35 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?

Safer against certain types of risk. The cohesion of the community, either in the case of Bitcoin or Ethereum, is far away from being as before. The more tensions between the community, the worse for these cryptos. Bitcoin still has its unique status and probably will not change in the near future, but in the long run, it could be change. When the next halving comes, and the reward will be only 6.25btc per block, at that time the main part will be the income from the transactions included in the block, and this will be a new situation that can also affect the "mining fee policy". DAG is a new technology, and we are certainly not aware of all the possible aspects of the use in the world of cryptos. We will be able to look forward to new ideas from the developers of the cryptos based on DAG.

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?

I think that the best approach is gradual investment

Cnut237

legendary

Activity: 1904

Merit: 1277

Quote from: cryptohunter on November 17, 2017, 07:37:24 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.

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.

HybCZ

full member

Activity: 126

Merit: 100

BTC forever

Quote from: Black_bl on November 21, 2017, 03:52:55 PM

Quote from: HybCZ on November 21, 2017, 10:03:39 AM

Quote from: Black_bl on November 21, 2017, 07:08:52 AM

Quote from: HybCZ on November 21, 2017, 05:08:35 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?

Safer against certain types of risk. The cohesion of the community, either in the case of Bitcoin or Ethereum, is far away from being as before. The more tensions between the community, the worse for these cryptos. Bitcoin still has its unique status and probably will not change in the near future, but in the long run, it could be change. When the next halving comes, and the reward will be only 6.25btc per block, at that time the main part will be the income from the transactions included in the block, and this will be a new situation that can also affect the "mining fee policy". DAG is a new technology, and we are certainly not aware of all the possible aspects of the use in the world of cryptos. We will be able to look forward to new ideas from the developers of the cryptos based on DAG.

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?

Black_bl

full member

Activity: 503

Merit: 102

Quote from: HybCZ on November 21, 2017, 10:03:39 AM

Quote from: Black_bl on November 21, 2017, 07:08:52 AM

Quote from: HybCZ on November 21, 2017, 05:08:35 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?

Safer against certain types of risk. The cohesion of the community, either in the case of Bitcoin or Ethereum, is far away from being as before. The more tensions between the community, the worse for these cryptos. Bitcoin still has its unique status and probably will not change in the near future, but in the long run, it could be change. When the next halving comes, and the reward will be only 6.25btc per block, at that time the main part will be the income from the transactions included in the block, and this will be a new situation that can also affect the "mining fee policy". DAG is a new technology, and we are certainly not aware of all the possible aspects of the use in the world of cryptos. We will be able to look forward to new ideas from the developers of the cryptos based on DAG.

HybCZ

full member

Activity: 126

Merit: 100

BTC forever

Quote from: Black_bl on November 21, 2017, 07:08:52 AM

Quote from: HybCZ on November 21, 2017, 05:08:35 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?

kmxl45

member

Activity: 112

Merit: 10

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.

Black_bl

full member

Activity: 503

Merit: 102

Quote from: HybCZ on November 21, 2017, 05:08:35 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

HybCZ

full member

Activity: 126

Merit: 100

BTC forever

Can somebody explain me why is DAG better then blokchain? How It will affect other currencies (ETH,BTC)?

Black_bl

full member

Activity: 503

Merit: 102

It's certainly cryptocurrency, which deserves attention in the long run. Decentralization is really important thought and in this case I think developers made cool work. The system of dividing fees between witnesses and recipients of future transactions is also a very interesting concept that encourages more frequent use of Byteball

TimeHacker

sr. member

Activity: 521

Merit: 256

Quote from: cryptohunter on November 17, 2017, 07:37:24 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.

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.

cryptohunter

legendary

Activity: 2100

Merit: 1167

MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG

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.

Black_bl

full member

Activity: 503

Merit: 102

Quote from: Dread on November 17, 2017, 06:07:22 PM

Ok- very fast speed, no blocks, no attack 51 and many others its great, BUT..

WHY cryptocrowd nothing tell about DAG?

looks like a conspiracy vs DAG-tehnology

I think the reason why people don't speak about DAG is that this really new technology. There are no many people who understand DAG. It's quite tricky but if you spend your time studying you won't regret!

Dread

member

Activity: 315

Merit: 12

Ok- very fast speed, no blocks, no attack 51 and many others its great, BUT..

WHY cryptocrowd nothing tell about DAG?

looks like a conspiracy vs DAG-tehnology

Orsenise

member

Activity: 92

Merit: 10

Personally I think IOTA will outpeform byteball and it's overall the best investment. IOTA is a long-term investment and returns will come in many years when IOT will be implemented in our daily lifes, it's worth to invest in it if you have a long-term outlook of let's say 10-20 years. It's gonna make you filthy rich one day and you'll thank you past self for making that investment. Fact is that the entire world will be interconnected in the future (more than it is today) and for that to limps work you need some sort of infrastructure and network for all the information to pass alone. IOTA has proven itself the leader on that domain and is well funded to overcome any competition and to outperform anyone who is even thinking about going against it.

kmxl45

member

Activity: 112

Merit: 10

Quote from: Black_bl on November 15, 2017, 05:49:29 PM

Quote from: jk_14 on November 15, 2017, 05:40:05 PM

Quote from: Black_bl on November 15, 2017, 05:38:18 PM

Quote from: jk_14 on November 15, 2017, 04:58:46 PM

Quote from: MatrixMining on November 15, 2017, 04:56:51 PM

I believe it's quite possible that DAG cryptocurrencies will experience a boom very soon. As mentioned above, they are better in so many ways compared to blockchain cryptos - low or no fees, very fast transactions, no mining...
I bet that everyone who's holding a decent amount of Byteball and IOTA will earn nice profits within the next few months.

Fees and transaction speeds will be addressed even by Bitcoin Core, so that's not really an interesting argument.

How do DAG cryptos stay safe with no miners securing the network by the way?

Have you ever heard about the concept of finality of transaction? there is no 51% attack or did you mean the double spend protection?

Finality of transactions is only a buzzword if the transaction history is malleable, which is something that miners make impossible. And I mean all three of these.

Ok let's talk about Byteball. How can transaction history be malleable when each transaction contains a hash previous?

I thought about the security too, but I really don't know how the main chain can be attacked, because each transation contains a hash of previous transaction, like you write. I am not sure yet about the double-spend protection, but I still looking for information about that....I think the devs have slution for that, and I have to find it:)

Black_bl

full member

Activity: 503

Merit: 102

Quote from: jk_14 on November 15, 2017, 05:40:05 PM

Quote from: Black_bl on November 15, 2017, 05:38:18 PM

Quote from: jk_14 on November 15, 2017, 04:58:46 PM

Quote from: MatrixMining on November 15, 2017, 04:56:51 PM

I believe it's quite possible that DAG cryptocurrencies will experience a boom very soon. As mentioned above, they are better in so many ways compared to blockchain cryptos - low or no fees, very fast transactions, no mining...
I bet that everyone who's holding a decent amount of Byteball and IOTA will earn nice profits within the next few months.

Fees and transaction speeds will be addressed even by Bitcoin Core, so that's not really an interesting argument.

How do DAG cryptos stay safe with no miners securing the network by the way?

Have you ever heard about the concept of finality of transaction? there is no 51% attack or did you mean the double spend protection?

Finality of transactions is only a buzzword if the transaction history is malleable, which is something that miners make impossible. And I mean all three of these.

Ok let's talk about Byteball. How can transaction history be malleable when each transaction contains a hash previous?

Black_bl

full member

Activity: 503

Merit: 102

Quote from: jk_14 on November 15, 2017, 05:06:44 PM

Quote from: NavySeals on November 15, 2017, 04:59:32 PM

Quote from: jk_14 on November 15, 2017, 04:58:46 PM

Quote from: MatrixMining on November 15, 2017, 04:56:51 PM

I believe it's quite possible that DAG cryptocurrencies will experience a boom very soon. As mentioned above, they are better in so many ways compared to blockchain cryptos - low or no fees, very fast transactions, no mining...
I bet that everyone who's holding a decent amount of Byteball and IOTA will earn nice profits within the next few months.

Fees and transaction speeds will be addressed even by Bitcoin Core, so that's not really an interesting argument.

How do DAG cryptos stay safe with no miners securing the network by the way?

I agree with this, that's the question that makes my brain confused. Without miners, we can't make sure the network is secure. We need miners to feel secure for our transactions and transfers.

I'm not 100% sure if we really need miners to secure a decentralized network, maybe there is a solution. But if there is I am not aware of it.

If anyone knows this I would be happy about an answer or at least a reference where I can educate myself about this.

But in any case, Bitcoin Core will resolve the problems of speed and fees anyways, and they are also looking into anonymous transfers and smart contracts...

When will this issue solve? that's really interesting question especially if you look back what happened. Segwit2x had support and was planed two years and what happened? I'm curious how long will take time this solution

jk_14

legendary

Activity: 1292

Merit: 1000

Quote from: Black_bl on November 15, 2017, 05:38:18 PM

Quote from: jk_14 on November 15, 2017, 04:58:46 PM

Quote from: MatrixMining on November 15, 2017, 04:56:51 PM

I believe it's quite possible that DAG cryptocurrencies will experience a boom very soon. As mentioned above, they are better in so many ways compared to blockchain cryptos - low or no fees, very fast transactions, no mining...
I bet that everyone who's holding a decent amount of Byteball and IOTA will earn nice profits within the next few months.

Fees and transaction speeds will be addressed even by Bitcoin Core, so that's not really an interesting argument.

How do DAG cryptos stay safe with no miners securing the network by the way?

Have you ever heard about the concept of finality of transaction? there is no 51% attack or did you mean the double spend protection?

Finality of transactions is only a buzzword if the transaction history is malleable, which is something that miners make impossible. And I mean all three of these.

Black_bl

full member

Activity: 503

Merit: 102

Quote from: jk_14 on November 15, 2017, 04:58:46 PM

Quote from: MatrixMining on November 15, 2017, 04:56:51 PM

I believe it's quite possible that DAG cryptocurrencies will experience a boom very soon. As mentioned above, they are better in so many ways compared to blockchain cryptos - low or no fees, very fast transactions, no mining...
I bet that everyone who's holding a decent amount of Byteball and IOTA will earn nice profits within the next few months.

Fees and transaction speeds will be addressed even by Bitcoin Core, so that's not really an interesting argument.

How do DAG cryptos stay safe with no miners securing the network by the way?

Have you ever heard about the concept of finality of transaction? there is no 51% attack or did you mean the double spend protection?

anasso

full member

Activity: 224

Merit: 100

i think IOTA will be the number 1 in coin market cap within few years!

main advantages: scalability, no fees and adoption by big corporates!

jk_14

legendary

Activity: 1292

Merit: 1000

Quote from: NavySeals on November 15, 2017, 04:59:32 PM

Quote from: jk_14 on November 15, 2017, 04:58:46 PM

Quote from: MatrixMining on November 15, 2017, 04:56:51 PM

I believe it's quite possible that DAG cryptocurrencies will experience a boom very soon. As mentioned above, they are better in so many ways compared to blockchain cryptos - low or no fees, very fast transactions, no mining...
I bet that everyone who's holding a decent amount of Byteball and IOTA will earn nice profits within the next few months.

Fees and transaction speeds will be addressed even by Bitcoin Core, so that's not really an interesting argument.

How do DAG cryptos stay safe with no miners securing the network by the way?

I agree with this, that's the question that makes my brain confused. Without miners, we can't make sure the network is secure. We need miners to feel secure for our transactions and transfers.

I'm not 100% sure if we really need miners to secure a decentralized network, maybe there is a solution. But if there is I am not aware of it.

If anyone knows this I would be happy about an answer or at least a reference where I can educate myself about this.

But in any case, Bitcoin Core will resolve the problems of speed and fees anyways, and they are also looking into anonymous transfers and smart contracts...

NavySeals

sr. member

Activity: 371

Merit: 250

Quote from: jk_14 on November 15, 2017, 04:58:46 PM

Quote from: MatrixMining on November 15, 2017, 04:56:51 PM

I believe it's quite possible that DAG cryptocurrencies will experience a boom very soon. As mentioned above, they are better in so many ways compared to blockchain cryptos - low or no fees, very fast transactions, no mining...
I bet that everyone who's holding a decent amount of Byteball and IOTA will earn nice profits within the next few months.

Fees and transaction speeds will be addressed even by Bitcoin Core, so that's not really an interesting argument.

How do DAG cryptos stay safe with no miners securing the network by the way?

I agree with this, that's the question that makes my brain confused. Without miners, we can't make sure the network is secure. We need miners to feel secure for our transactions and transfers.

jk_14

legendary

Activity: 1292

Merit: 1000

Quote from: MatrixMining on November 15, 2017, 04:56:51 PM

I believe it's quite possible that DAG cryptocurrencies will experience a boom very soon. As mentioned above, they are better in so many ways compared to blockchain cryptos - low or no fees, very fast transactions, no mining...
I bet that everyone who's holding a decent amount of Byteball and IOTA will earn nice profits within the next few months.

Fees and transaction speeds will be addressed even by Bitcoin Core, so that's not really an interesting argument.

How do DAG cryptos stay safe with no miners securing the network by the way?

MatrixMining

full member

Activity: 169

Merit: 100

I believe it's quite possible that DAG cryptocurrencies will experience a boom very soon. As mentioned above, they are better in so many ways compared to blockchain cryptos - low or no fees, very fast transactions, no mining...
I bet that everyone who's holding a decent amount of Byteball and IOTA will earn nice profits within the next few months.

Arslada

newbie

Activity: 32

Merit: 0

A few reasons why BYTEBALL, IOTA, DAG are better in their technology:

faster transactions
No miners
Almost zero fees
No forks and fake pump and dump forked tokens
No wasted electricity - better for our earth, our lives
New simple technology
Still very cheap price in my opinion

TimeHacker

sr. member

Activity: 521

Merit: 256

I'd say that Byteball and IOTA are technologically equally good and my bet is that both of them can end up at least in Top5. However, as an investment, Byteball seems to be much more attractive as it's current market cap is much lower, so there's more space for profit.

And why is DAG better? For many reasons. It's much faster (no waiting for block to appear), it doesn't need miners (no politics and drama from big mining groups like now with BTC vs BCH), it's ecological (no wasted energy for PoW)... and many others.

kmxl45

member

Activity: 112

Merit: 10

Quote from: Dread on November 07, 2017, 06:58:57 PM

hi, guys/

BYTE or Iota- whats a Alt will be in TOP-3?

and my question:
why the preference is given to the technology of the dag, for example, BYTEBALL or IOTA?

why is a DAG better than simple blockchain?
that question i have after that article:

https://cointelegraph.com/news/future-of-digital-currency-may-not-involve-blockchains

I can't predict the future but I thing that both of this coins will be in TOP 10.

Blockchain is totally great technology but what all the blockchain splits, miners which can spam blockchain when they want, slow transaction speed, high fees? It seems to me like nothing good for calm future. And now I have found DAG. No miners - great, no/low fees - totally great, speed - yeah baby:D And this is only several advantages what stick in my head....So why not TOP 3? Wink

Dread

member

Activity: 315

Merit: 12

hi, guys/

BYTE or Iota- whats a Alt will be in TOP-3?

and my question:
why the preference is given to the technology of the dag, for example, BYTEBALL or IOTA?

why is a DAG better than simple blockchain?
that question i have after that article:

https://cointelegraph.com/news/future-of-digital-currency-may-not-involve-blockchains

Topic: WHY is a preference to dag-technology, like a BYTEBALL or IOTA? (Read 1497 times)