Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
kola-schaar
on 10/01/2017, 08:23:20 UTC
....

anonymous, for shady transactions, like monero and zcash

ive heard an attacker is able to source your IP as its peer to peer.

its a little deceptive from reading the ann.

yeah im a little dissatisfied, im allowed to share my concerns, we cant all love in happy unicorn shill land.

Page 1
…. Users can also issue assets whose transfers are not published to
the database, and therefore not visible to third parties. Instead, the information about the
transfer is exchanged privately between users, and only a hash of the transaction and a
spend proof (to prevent double-spends) are published to the database.

Page 3 …
Privacy. … Transactions in bytes (the base currency) in Byteball are equally visible, but there is a second currency (blackbytes), which is significantly less traceable.

If you like to hide your IP you can run Byteball through TOR..(this has already been discussed)

I do not see any parallel to Monero / ZCash and that’s (in my opinion) a feature - such properties do not lead to worldwide acceptance of a basic technology.
It’s pure marketing - certain features are overburdened because they are just fashionable..
The marketing works just like for soft- and energy drink and their derivatives…

May be they are famous in cryptoland ( it’s more cryptovillage), but believe me they will never leave the village .. (But this is probably not their goal)
If you want to leave the village you need flexibility , compatibility and reliability.