Obyte: Totally new consensus algorithm + private untraceable payments

[IntelligentIdiot]

Byteball's distribution model could be a great topic for a game theory study.

yes this is very interesting. i regret not knowing about byteball in the very early stages. the distribution is like that old coin CLAM where you get coins based on your BTC, DOGE and LTC wallet holdings. i am saving up some btc for the next distribution. does anyone know the exact time the next snapshot will be taken? thanks and good luck to all participants!

[Michail1]

Byteball's distribution model could be a great topic for a game theory study.

yes this is very interesting. i regret not knowing about byteball in the very early stages. the distribution is like that old coin CLAM where you get coins based on your BTC, DOGE and LTC wallet holdings. i am saving up some btc for the next distribution. does anyone know the exact time the next snapshot will be taken? thanks and good luck to all participants!

Actually, no.
Byteball distribution is way better in that it is based on your holdings and clam was simply a distribution of a set amount for no matter how many coins you had in an address as long as it had more than 0.00000001   So, you could have had effectively nothing in each wallet and scored a large amount of clams.
July 9, 2017 at 04:07 UTC.

[Liquid71]

is this decentralzied or using a database called DAG?

[ByteFan]

is this decentralzied or using a database called DAG?

DAG is for Directed Acyclic Graph. Check the withepaper.

[ByteFan]

How I can Sync my Wallet faster  ?

Is there a benefit to running a full node rather than the lite client? Just linked my BTC  today and downloaded the lite client, so no need for me to sync.

How I can change my wallet from full node to lite client ? Were I can learn more about benefits and differences from full node and lite client? 

Thanks.

Lite client is OK for average use. U can not convert from full to light. Move all your bytes from a full to a separated lite client.

[kola-schaar]

[Notyoursbuisness]

is this thing even working ?  

old version doesn't "catch" browser link.  
new current version doesn't understand "appdata" from old version. and tries to fully re-sync light wallet with network     (maybe i done something wrong with appdata backup)
anyway....

-restored appdata backup for old version
-used new version inside virtual machine ... created new light wallet there
-send money from old (restored version and restored wallet) to new version that have new wallet (transaction got confirmed in like 12 minutes).... but wait....
-new version still have "0"  bytes. around 20 minutes passed still 0 for some reason.
i'm 100% sure that i used correct address in old version to send bytes to new one.

... still 0

[onetwo12]

So if my calculation are right we have :

504928.00786310 btc linked  which will bring approx. : 31,558 gb

and we have 255,492gb in circulation which will bring : 51,098 gb more after airdrop

So


31,558+51,098= 82,656 new gb added to the one in circulation which in total will bring to 338,148 gb in circulation.

Yes that's 1/3 of all gbytes.

Yes i think in this rate we will have at least 3 more airdrops.

great news on this!

looking forward the airdrop soon!



The BTC > GB ratio should be decreased in the august airdrop, imo. Too high price, too many BTC linked.

[Notyoursbuisness]

still 0.
well...looks like something went wrong in transaction from old wallet and old version to new wallet and new version.

[AncientMystery]

That's a good one! Byteball = moon

[clovis A.]

Diggin the new time/date based syncing introduced in the v1.9.1 wallet release. Constant progress from byte team.....noicely done, gents!!

Howlin for the next full moon too

[s1lverbox]

UPDATE :

517467.28398916 btc linked  which will bring approx. : 32,341 gb

and we have 255,492gb in circulation which will bring : 51,098 gb more after airdrop

So


32,341+51,098= 83,439 new gb added to the one in circulation which in total will bring to 338,931 gb in circulation.

Yes that's 1/3 of all gbytes.

Yes i think in this rate we will have at least 3 more airdrops.

[Michail1]

is this thing even working ?  

old version doesn't "catch" browser link.  
new current version doesn't understand "appdata" from old version. and tries to fully re-sync light wallet with network     (maybe i done something wrong with appdata backup)
anyway....

-restored appdata backup for old version
-used new version inside virtual machine ... created new light wallet there
-send money from old (restored version and restored wallet) to new version that have new wallet (transaction got confirmed in like 12 minutes).... but wait....
-new version still have "0"  bytes. around 20 minutes passed still 0 for some reason.
i'm 100% sure that i used correct address in old version to send bytes to new one.

... still 0

Yes, it works.
But, we can't help/check if you don't give us the address(es).

Did you check on the explorer if the GB is still in the old address or if it moved to the new address?
Tell us the address and we can check for ya.

[kola-schaar]

still 0.
well...looks like something went wrong in transaction from old wallet and old version to new wallet and new version.

I do not quite understand your approach, but you can not run parallel instances of the same wallet (same key).
Suggestion (to get the thing clean):
If you have no blackbytes and only one device is available, send the bytes to a exchange. Clean your system, install a new light wallet, transfer the bytes back

[ssvenss]

The price of this coin is growing and growing, it seems to me that it is a bitcoin replacement

[landslide]

The price of this coin is growing and growing, it seems to me that it is a bitcoin replacement

Maybe ethereum replacement

[davidoski]

When the distribution is over the only way to get GB is to buy.... Can't wait to see how that will affect the price.

[Gatekeeper]

sorry if it's been asked before but it's a long thread.

If you sell your GB to the chat bot for BTC how does it work? I ask because if 500k btc have been linked for the next air drop how would the bot handle a ton of sell requests, do you get a set price? If the bot is linked to an exchange there could be crazy slippage with so many new GB coming on the market. If 5k btc is sold to the bot then where do those BTC come from?

I ask because I want to sell to the bot rather than send them to an exchange but I wonder how it's all setup to handle such volume from the air drop and where the btc come from. 500k btc linked would be about 11k btc worth of GB.

[devrobot]

sorry if it's been asked before but it's a long thread.

If you sell your GB to the chat bot for BTC how does it work? I ask because if 500k btc have been linked for the next air drop how would the bot handle a ton of sell requests, do you get a set price? If the bot is linked to an exchange there could be crazy slippage with so many new GB coming on the market. If 5k btc is sold to the bot then where do those BTC come from?

I ask because I want to sell to the bot rather than send them to an exchange but I wonder how it's all setup to handle such volume from the air drop and where the btc come from. 500k btc linked would be about 11k btc worth of GB.

BTC is not sold to anyone, it's only linked.
If you can prove you own a certain BTC address, then the coins in that address can be linked.
that's all, the BTC stay where they are, nobody takes them. The owners keep their BTC and also get free GByte.

You can buy GByte for BTC in exchanges though, and get more GBytes than by just linking your BTC, but obviously you would not keep your BTC that way.

[bitowl]

can you link more than one btc address? my electrum wallet has balances split between a few addresses.