Post
Topic
Board Announcements (Altcoins)
Re: Obyte: Totally new consensus algorithm + private untraceable payments
by
BillionaireWannaBe
on 07/09/2021, 15:44:44 UTC
Whenever I want to open my wallet the following error message appears, is there already a solution for this?
[...] I use Wallet 3.3.2 and a new installation are no success.
Are you using Windows, Mac OS or Linux?

Is this smart contract capable like ethereum
Unlike Ethereum smart contracts, Obyte smart contracts are available to both developers and users. In addition, each transaction in the ETH smart contract costs gas ... "if a developer added a function that needs to go through the growing list of user addresses, the cost of executing that function will also go up as the list gets longer, and ETH throughput is limited with block size, so when there are more users, the fees go up too". This is just a small part of what to chat about, so if you visit this page and spend a few minutes you will find out more, including Features built-into Obyte, Cost predictability and differences in programming languages.


Thanks for that link. I've read it now.
I'm not really a techno wizz if I'm honest. So even after reading those advantages listed in that article from 2019 I would still love to hear from any person capable of analysing these designs and usecases.


So just a couple of quick questions and a suggestion for you guys.

Why not create a comparison chart comparing 0byte with popular smart contract platforms.

Solana, avax, eth, polygon etc.

Then the less techno able investors will see if this is a credible rival.

I see that syscoin is saying their smart contracts will be more " powerful " than that's eth's.
What does more powerful mean? Are there levels of smart contracts?

Can the same sort of apps that run on eth or avax or sol run on 0byte?
I mean I know they are written in a different language not solidity.

Why is this project such low market cap?

Also the name 0byte? Why would anyone rebrand from byteball to 0byte?
This is not a catchy name at all.

Any plans to call it something better?