Bitcoin Forum
February 25, 2018, 12:43:32 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 [6] 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 ... 883 »
  Print  
Author Topic: BYTEBALL: Totally new consensus algorithm + private untraceable payments  (Read 1073595 times)
tonych
Hero Member
*****
Offline Offline

Activity: 644
Merit: 578


View Profile WWW
September 07, 2016, 08:32:50 AM
 #101

How to prevent somebody from buying a lot of BTC's just before snapshot of bitcoin blockchain and then sell back the BTC to just keep the BYTE in his account.

It's absolutely possible, what's wrong with it?

Simplicity is beauty
1519519412
Hero Member
*
Offline Offline

Posts: 1519519412

View Profile Personal Message (Offline)

Ignore
1519519412
Reply with quote  #2

1519519412
Report to moderator
1519519412
Hero Member
*
Offline Offline

Posts: 1519519412

View Profile Personal Message (Offline)

Ignore
1519519412
Reply with quote  #2

1519519412
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1519519412
Hero Member
*
Offline Offline

Posts: 1519519412

View Profile Personal Message (Offline)

Ignore
1519519412
Reply with quote  #2

1519519412
Report to moderator
1519519412
Hero Member
*
Offline Offline

Posts: 1519519412

View Profile Personal Message (Offline)

Ignore
1519519412
Reply with quote  #2

1519519412
Report to moderator
1519519412
Hero Member
*
Offline Offline

Posts: 1519519412

View Profile Personal Message (Offline)

Ignore
1519519412
Reply with quote  #2

1519519412
Report to moderator
glerant
Sr. Member
****
Offline Offline

Activity: 425
Merit: 250


Find Anything, Get Rewarded


View Profile
September 07, 2016, 08:50:59 AM
 #102


Are you both saying that exchanges will use their customers' bitcoins to claim bytes for themselves?


Why not? All they need to do is link their BTC addresses.

After all, you don't get POS rewards from exchange balances.


      ▄▄▄█▀▀▀▀█▄▄▄
    ▄█▀  ▄▄▄▄▄▄▄ ▀█▄
   █  ▄██▄      ▀█  █
  █  █▌ ██▀▀   ▄███▌
 █  █ █▌▀     ▄█████  █
 █  █   ▐███▌  ▀▀███  █
 █  █    ▀███    ███  █
  █  █▌   █▀    ▄█▀  █
   █  ▀█▄▄██▄▄▄█▀   █
   █   █ █████ █▄███
██▄  █▄██ ▀███▀ ███▄ ███
████▄████  ███  ████████
██▀███▀██  ███  ███ ▀███
▀▀  ▀  ▀▀▀▀▀▀▀▀   ▀▀
         ▀█   █▀
           █▄█
██████
██████


██████
██████
██████


██████
██████
██████
██████


██████
██████
██████


██████
██████

▄         ▄▄████▄▄▄
███▄     ▐████████▀
 ██████▄▄█████████
▀████████████████▌
  ███████████████
  ▀████████████▀
   ▄▄████████▀
 ▀▀▀▀██▀▀▀


             ▄▄▄
        ▄▄▄█████
  ▄▄▄████▀▀▄███
▀▀████▀ ▄██████
    █ ▄███████
     ███▀█████
           ▀█▌

▄████████████████▄
███████████▀▀▀▀███
█████████▀     ███
█████████   ██████
███████        ███
█████████   ██████
█████████   ██████
▀████████   █████▀



 █████████████████
████████▀██████████
████████   ▀███████
████████   ▄███████
████████▄██████████
 █████████████████
metamorphin
Legendary
*
Offline Offline

Activity: 1078
Merit: 1000


No risk, no fun!


View Profile WWW
September 07, 2016, 08:54:35 AM
 #103

*pinned*


tonych
Hero Member
*****
Offline Offline

Activity: 644
Merit: 578


View Profile WWW
September 07, 2016, 09:05:00 AM
 #104


Are you both saying that exchanges will use their customers' bitcoins to claim bytes for themselves?


Why not? All they need to do is link their BTC addresses.

After all, you don't get POS rewards from exchange balances.

Well, technically they can do it, if they don't care what people think when it is uncovered.

Simplicity is beauty
Aabcde
Sr. Member
****
Offline Offline

Activity: 273
Merit: 250



View Profile
September 07, 2016, 09:32:32 AM
 #105

I cannot download it from playstore. It says not compatible. Could you lower it again to Jellybean, sir?

It requires the newer technology that is only there in 4.4+, sorry.

So sad to hear that it's not for mass but only for the one who have newer tech.

Alfred Dulaire
Newbie
*
Offline Offline

Activity: 24
Merit: 0


View Profile
September 07, 2016, 09:34:29 AM
 #106

How to prevent somebody from buying a lot of BTC's just before snapshot of bitcoin blockchain and then sell back the BTC to just keep the BYTE in his account.

It's absolutely possible, what's wrong with it?
thank you for the idea.
I don't even need to buy some bitcoin, just move some of my stack in a new address then put them back away.
ever_3x
Hero Member
*****
Offline Offline

Activity: 665
Merit: 500


View Profile
September 07, 2016, 09:49:26 AM
 #107

I am try to sent some byte to other addy but can not
danel
Full Member
***
Offline Offline

Activity: 217
Merit: 100


View Profile
September 07, 2016, 10:09:43 AM
 #108

I cannot download it from playstore. It says not compatible. Could you lower it again to Jellybean, sir?

It requires the newer technology that is only there in 4.4+, sorry.

So sad to hear that it's not for mass but only for the one who have newer tech.

And this also design for the rich people, the more btc you have the more byteball you will get.
metamorphin
Legendary
*
Offline Offline

Activity: 1078
Merit: 1000


No risk, no fun!


View Profile WWW
September 07, 2016, 10:13:41 AM
 #109

I cannot download it from playstore. It says not compatible. Could you lower it again to Jellybean, sir?

It requires the newer technology that is only there in 4.4+, sorry.

So sad to hear that it's not for mass but only for the one who have newer tech.

And this also design for the rich people, the more btc you have the more byteball you will get.
no. you could increase your funds, when u run from one ico to another one. ;-)
To get rich is more work than you thought, instead of waiting for the lottery.

Greetz
Steve

tonych
Hero Member
*****
Offline Offline

Activity: 644
Merit: 578


View Profile WWW
September 07, 2016, 10:22:13 AM
 #110

I am try to sent some byte to other addy but can not

If you copy the error message, I can try to help.

Simplicity is beauty
sotisoti
Hero Member
*****
Offline Offline

Activity: 760
Merit: 500


View Profile
September 07, 2016, 02:36:11 PM
 #111

Is there any IRC channel or slack group for discussions?
tonych
Hero Member
*****
Offline Offline

Activity: 644
Merit: 578


View Profile WWW
September 07, 2016, 02:45:57 PM
 #112

Is there any IRC channel or slack group for discussions?

This forum so far.

Simplicity is beauty
EpyxZ
Hero Member
*****
Offline Offline

Activity: 602
Merit: 500



View Profile
September 07, 2016, 05:24:12 PM
 #113

And this also design for the rich people, the more btc you have the more byteball you will get.

Yep great idea but as I am a poor person I will end up poor during swap. poor is poor and rich is rich. Kind of pointless to give those who have LOADS of btc more free money. But thats how its gonna work

durerus
Sr. Member
****
Offline Offline

Activity: 320
Merit: 250



View Profile WWW
September 07, 2016, 05:45:01 PM
 #114

And this also design for the rich people, the more btc you have the more byteball you will get.

Yep great idea but as I am a poor person I will end up poor during swap. poor is poor and rich is rich. Kind of pointless to give those who have LOADS of btc more free money. But thats how its gonna work

But it is an elegant way to solve the problem of initial distribution. You can always buy on the market later, if you see higher potential and want to invest money.
dannyman
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500


View Profile
September 07, 2016, 06:17:45 PM
 #115

And this also design for the rich people, the more btc you have the more byteball you will get.

Yep great idea but as I am a poor person I will end up poor during swap. poor is poor and rich is rich. Kind of pointless to give those who have LOADS of btc more free money. But thats how its gonna work

You could in theory get a short term loan and then pay it back.

There aren't that many people that have like more than .1 of Bitcoin anyway, generally speaking its a very good distribution. Also anyone with Bitcoin is richer than the majority of the world that have none. You are the 1% if you own Bitcoin Wink
dannyman
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500


View Profile
September 07, 2016, 06:25:14 PM
 #116

How is it going to work with 1 Trillion coins? That means the lowest price possible of .00000001 will mean a market cap of 6million!
LiQio
Legendary
*
Offline Offline

Activity: 1163
Merit: 1002



View Profile
September 07, 2016, 07:11:31 PM
 #117

And this also design for the rich people, the more btc you have the more byteball you will get.

Yep great idea but as I am a poor person I will end up poor during swap. poor is poor and rich is rich. Kind of pointless to give those who have LOADS of btc more free money. But thats how its gonna work

But it is an elegant way to solve the problem of initial distribution. You can always buy on the market later, if you see higher potential and want to invest money.

It's not so elegant if you look at some of the biggest players and their behavior.
tonych
Hero Member
*****
Offline Offline

Activity: 644
Merit: 578


View Profile WWW
September 07, 2016, 07:23:00 PM
 #118

How is it going to work with 1 Trillion coins? That means the lowest price possible of .00000001 will mean a market cap of 6million!

1 quadrillion actually.
For more convenient numbers, we'll use standard prefixes: Kbytes, MB, GB.

Simplicity is beauty
dannyman
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500


View Profile
September 07, 2016, 07:44:15 PM
 #119

How is it going to work with 1 Trillion coins? That means the lowest price possible of .00000001 will mean a market cap of 6million!

1 quadrillion actually.
For more convenient numbers, we'll use standard prefixes: Kbytes, MB, GB.


Oh only a quadrillion, oh that's ok then, you should of said...no problemo.
superresistant
Legendary
*
Offline Offline

Activity: 1750
Merit: 1011



View Profile
September 07, 2016, 08:02:06 PM
 #120

 
Haha the first IOTA's fork.
That's a good sign.


            ▄▄▄▄▄▄▄▄▄
        ▄▄███▀▀▀▀▀▀▀███▄▄
     ▄██▀▀             ▀▀██▄
    ██▀                   ▀██
   █▌                       ▐█
  █▌                         ▐█
 ▐█            ▄▄▄            █▌
 ██         ▄██▀▀▀██▄         ██
 ▄         ▐█▌     ▐█▌         ▄
███        █▌       ▐█        ███
 ▀   █▄    ▐█▌     ▐█▌    ▄█   ▀
   █▄  █▄   ▀██▄▄▄██▀   ▄█  ▄█
    ▀█   █▄    ▀▀▀    ▄█   █▀
      █▄   █▄       ▄█   ▄█
       ██    █  ▄  █    ██
         █▄    ███    ▄█
          ██    ▀    ██
            █▄  █  ▄█
             ██ █ ██
                ▄
               ███
                ▀

         ▄▄▄▄▄▄▄▄
      ▄████████████▄
    ▄████████████████▄
   ████████████████████
  ██████████████████████
 ████████████████████████
▐████████████████████████▌
▐████████████████████████▌▀▀▀   ▀▀▀
▐████████████████████████▌
 ████████████████████████
  ██████████████████████
   ██▀████████████▀██
    ▀██▀▀██████▀▀██▀
      ▀████████████▀
         ▀▀▀▀▀▀▀▀

▄▄▄▄▄▄▄▄         
▄████████████▄     
▄████████████████▄   
████████████████████   
██████████████████████ 
 ████████████████████████
▐████████████████████████▌
▄▄▄   ▄▄▄▐████████████████████████▌
▐████████████████████████▌
████████████████████████
██████████████████████ 
████████████████████   
▀████████████████▀   
▀████████████▀     
▀▀▀▀▀▀▀▀         
Pages: « 1 2 3 4 5 [6] 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 ... 883 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!