With all the negative news going around about bitcoin coursing a lot of panic and anxiety....do you this its time to look else where for a guarantee investment? There are no guarantees in investing. It's the 5th time this year Bitcoin dropped a lot. The previous 4 times, it reached a record height again later. It may take a few months or even years, but I'm pretty sure it will happen again. Don't forget: pump&dump is meant to get your coins cheaper. I only sell some when it's up, never when it's down. i mean may be eth doge etc....
Both dropped a lot more than Bitcoin.
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however it kept saying ''This voucher is invalid or already redeemed.'' If there is any error, ChipMixer never responds with "invalid or redeemed". When I enter something random as voucher, I get the exact same message: "This voucher is invalid or already redeemed." We have run out of chips again. New chips are being prepared. We need to find a better solution.
Our current ideas are: a - kind-of traffic light that will show when chip level is too low - green ok, yellow under 50 BTC, red under 10 BTC b - massive chip pool increase - that would require to open up for investing and that would require to set flat fee instead of donations
What do you think about both ideas?
Option a should be easy an fast to implement, so I'd say: do it now. Option b might work for future growth, but it requires all chips to be stored in a hot wallet. ChipMixer already has quite a considerable amount of Bitcoins on a hot wallet, which means it can lose quite a considerable amount if it ever gets hacked. If you're willing to risk many coins on a hot wallet anyway, may I suggestion option c: c - automate chip creation, convert deposits into new chips instantly, and add them to the tail of the chip pool: first in first out.
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1. How secure is the chat? I've read that it is encrypted, but can someone explain to me how that is done? Especially with chatpartners on different hubs. Can the hub read the messages or even decide that chats are not encrypted? I mean they could change the code before they open the gates, without people realizing it. And what kind of encryption is used?
It's end-to-end encrypted using AES. The hubs only forward the encrypted messages, they can't see anything. To deliver your message, your wallet connects to the recipient's hub (if it's different from your home hub). The encryption keys are constantly rotated for perfect forward secrecy. This has a side effect that if you restore from an old backup or try to use the same wallet on two devices (which rotate the keys independently), the keys get out of sync and your wallet can't decrypt a received message. This is one of the common reasons for not receiving blackbytes, which are delivered through chat messages. That's great I would say. I'm using the chat like a real one. Whatsapp sucks If a lot of people would use Byteball to chat, wouldn't that give a huge load on the hubs? That would make running hubs expensive, while it doesn't earn anything from relaying chat messages.
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Will not see any signs that the price goes back to the former level, even under such circumstances when the price of btc falls, and the last change to the distribution. Sad..
Think of it this way: $200M in crypto is nothing, it's pumped and hyped out of thin air in seconds. Now, compare $200M in real world applications: it can buy 10,000 nice cars! And that's what Byteball is targeting: real world applications!
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i just realized, that it is not possible to register Segwit Adresses for the Airdrop? When will Segwit for Airdrops be implemented? That can't be to complicated....
SegWit addresses won't be supported: Since segwit has been activated on BTC I noticed that the transition bot doesn't work with the new segwit addresses. If you try to use a segwit generated address you get this message "Only P2PKH addresses are supported". Are there any plans to address this issue?
No such plans. Our developers' time is better spent on Byteball.
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Bump, the last few are still not banned. Title change to draw attention
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We also need a detailed explanation of why we can trust blackbytes cannot be duplicated. The fact that they are not on a ledger and therefore transparent makes it suspicious to many and it is a very sensible question that needs to be answered in a FAQ
Can anyone provide it?
For an in-depth answer, read Hiding entire content of on-chain transactions. For more common questions about Blackbytes, read Byteball: Blackbytes FAQ. But hey, by all means, try to duplicate Blackbytes, test the system if you don't trust it
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why is CMC listing Byteball as Byteball Bytes? it sounds better as just Byteball.
This gives potential to add Byteball Blackbytes and other Tokens later.
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Hi guys I found 5 wallet.dat files, from 2014 I doubt there is something in it but who knows. I installed bitcoin core on a PC I replaced default wallet.dat by these files 1 by 1, then launched the exe. Bitcoin core is not synched. When I go in menu "File", then "Receving address..." it displays me an address like this : https://gyazo.com/af27d73a150ffd936427964e2332c947I checked on blockchain.info explorer and there is no bitcoin in it. Does this mean there is no btc at all then no need to download the blockchain? (even with param prune it's slow) Thank you for your help. Prune doesn't make the download faster, it makes it smaller on your disk. But, if you want to check several old wallet.dat files, you shouldn't use prune. A pruned blockchain can't check old transactions. If it just shows one receiving address, and that one is empty according to blockchain.info, the wallet contains no Bitcoins. Note that this might be different for a corrupted wallet, but that doesn't seem to be the case here.
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Tokens will be distributed to betking account at end of week,
Dean, what happened to the translation bounty? Originally it was set to reserve a bounty of 15% of 1% of all tokens for all translations, after I spent a few hours translating you changed this to get rid of Twitter/Facebook bounties, but translations were kinda forgotten in that announcement. With a total of 13 translations, some with many pages, I'd say I'd be looking at about 4% of that 15% of that 1%, but I doubt my current betking account is even linked to the translation work I did.
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Now the whining about not getting their GBB No whining here, all blackbytes arrived on all wallets I checked. Backups are running as we speak.
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Zoomber deserves a ban for copy/pasting irrelevant posts: Original:I don't understand the probably fair system, why the server seed is changing each bet and why it is not using a nonce like every other dice game?
Copy:I don't understand the probably fair system, why the server seed is changing each bet and why it is not using a nonce like every other dice game?
Archived
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Price will go up again: so many copycat coins have a bigger market cap compared to byteball. In the end only the best projects will prevail (and survive). Byteball is one of them IMHO
There's a lot of air/hype in those copycat coins (or even just tokens). Hype can appear and disappear in an instant, real world usage grows slower but stays longer.
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Anyone not got their waves like me? wanting to invest into JDS - comms aren't great though
Yes, despite about 6 reminders and promises in return, I never received it. I find it peculiar that mainly Newbies say they received the airdrop. I didn't notice untill now, but of course is a bit strange... I didn't get the airdrop, too. Applied like 2 weeks ago, nothing, no reaction. Still no response at all, let's just say I find it extremely unreliable and wouldn't recommend dumping your money in this.
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Due to the decrease in airdrop, this is the smallest payment I ever made for this thread: ea0bd57b5ee9dced7b657d6a8b1549eee377da116ed2af8c8128519f34d478e4Next full moon will be skipped by Byteball, the next airdrop is in November. I'll close this thread soon, if a similar opportunity pops up, I'll re-open it. Thanks for joining!
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Distribution of bytes is finished. Total distributed: 57,444.473272169 GB. It's about $19m at the current rate. New available supply: 583,896.4940036 GB. Coinmarketcap is already updated.
I'll update when blackbytes are distributed, it is going to take about 3 days.
Thanks again Tony for your hard work! (I now have to use two hands to count my balls.)
Phrases like this always make people frown when I talk about (as they hear it) "bite balls" To all Holders: tell people about Byteball: give them 100,000 bytes and 210000 blackbytes if they install the wallet (make a backup after sending blackbytes), chat with them, and spread the word. Byteball's potential is huge, all it needs now to grow is more users. Received the correct amount of Bytes as per new rules. Do we have to backup the wallet every time after Black byte distribution as its not registered on the DAG and kept locally?
Yes. Think of Blackbytes as a post-it handed to you by the previous owner. The post-it says: "you are now the new owner". Together with handing you the post-it, the DAG registers that the previous owner is no longer the owner of these Blackbytes. The DAG does not register who received the post-it. If you lose the post-it, you lose the blackbytes. Read Byteball: Blackbytes FAQ for more.
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I'll admit I haven't been following BB new as much as I was before the last airdrop but I'm certain I never saw any announcement "more than a whole full moon" ago about an intention to cancel the September airdrop here or on slack. That's because September airdrop isn't canceled.
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Interesting, I got airdrop for Bitcoin linked, but not the (much larger) airdrop for Bytes I'm holding yet. In previous airdrops those arrived together. Once again the price drop is more than the airdrop
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These last minute rule changes are somewhat disturbing for building trust into this coin.
There are no "last minute" changes, changes are announced more than a whole full moon ahead.
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Many news today. 1. We have our first cashback merchants: Premiumize: Premium downloads, cloud torrents, and VPN. They also accept payments in Bytes. NODEshare: masternode as a service. They also accept payments in Bytes and offer merchant match for large orders. Other partners are at various stages, I'll announce them when launched. Cashbacks will come from this address https://explorer.byteball.org/#TU3Q44S6H2WXTGQO6BZAGWFKKJCF7Q3W2. We'll skip the October full moon. We need more time to allow more merchants to join the cashback program and I want a larger share of the remaining undistributed coins to be used for acquiring new users. Larger partners have large teams and need more time to make decisions and integrate. The next distribution (after September 6) will be on the full moon of November (Nov 4, 2017), and the rules are the same as for September: +10% for Byte holders, 0.00625 GB/BTC for Bitcoin holders. 3. My long time partner Steve Safronov has joined our team and will take care of business development. He was CEO in one of my previous businesses and helped to grow it manyfold and then sell. His current focus will be helping solid real-world non-crypto projects raise funds through ICOs on Byteball platform, there are a number of projects already being prepared since August (still early stages). He will be our 4th team member with committed time, he will be paid from the Community Fund, and I fully trust him to bring new business into Byteball. Great decisions and good news Tony! As a Byteball holder, I don't need more airdrops as long as that only creates inflation and drops the price further. In retrospect, it would have been most valuable to sell my Bytes the moment I received them. At each airdrop I got more, but the total value didn't go up anymore. Now I am holding them for sure, no point selling at undervalued price. If you can manage to use the remaining bytes to spread awareness and increase the number of users, that will be much more valuable for current Byteball holders than just doubling the amount in our own wallets. Most of current ICOs just use a made-up token with a made-up plan to raise money for nothing quickly. It wouldn't surprise me if most of them disappear again just as fast, after the creators ran with the money of course. Your idea - using ICOs for real-world non-crypto projects, sounds like crowd funding to me, which is a growing market. This opens up many possibilities, but I can already see some difficulties: how to decide which project is trusted for instance. Or, say I invest 1 GBYTE worth $400 in a project that funds a restaurant. The restaurant makes a nice profit, and pays back $40 per year (a decent 10%) to investors each year. Now suppose a GBYTE is worth $4000 just 5 years from now, that means investing in this restaurant was a much worse choice than just holding on to my 1 GBYTE. I do like the idea, and I do think Byteball needs it to grow real-life applications, so I'm very keen to see your implementation.
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