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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1178498 times)
kola-schaar
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July 03, 2017, 08:26:42 AM
 #10281

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Notyoursbuisness
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July 03, 2017, 09:14:55 AM
 #10282

is this thing even working ?  

old version doesn't "catch" browser link.  Sad
new current version doesn't understand "appdata" from old version. and tries to fully re-sync light wallet with network  Sad   (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

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onetwo12
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July 03, 2017, 10:38:23 AM
 #10283


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.

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Notyoursbuisness
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July 03, 2017, 01:16:24 PM
 #10284

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

   ⚡⚡ PRiVCY ⚡⚡   ▂▃▅▆█ PRiVCY (PRIV) is a new PoW/PoS revolutionary privacy project  ☞ Best privacy crypto-market! █▆▅▃▂
    Own Your Privacy! ───────────────── WebsiteGithub  |  Bitcointalk  |  Twitter  |  Discord  |  Explorer ─────────────────
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July 03, 2017, 01:35:31 PM
 #10285



That's a good one! Byteball = moon Smiley

clovis A.
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July 03, 2017, 02:36:22 PM
 #10286

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 Wink

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Cloud storage is about to change
                          Are you ready?
s1lverbox
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July 03, 2017, 03:40:01 PM
 #10287


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
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July 03, 2017, 03:53:50 PM
 #10288

is this thing even working ?  

old version doesn't "catch" browser link.  Sad
new current version doesn't understand "appdata" from old version. and tries to fully re-sync light wallet with network  Sad   (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
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July 03, 2017, 03:59:32 PM
 #10289

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
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July 03, 2017, 04:00:22 PM
 #10290

The price of this coin is growing and growing, it seems to me that it is a bitcoin replacement
landslide
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July 03, 2017, 05:21:17 PM
 #10291

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

Maybe ethereum replacement Smiley
davidoski
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July 03, 2017, 06:04:18 PM
 #10292

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.

Chancellor on brink of second bailout for banks
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July 03, 2017, 06:20:17 PM
 #10293

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.

(1470) <KLYE> But I was far too drunk to fuck a midget
(1470) <KLYE> I will fuck a chicken for 250 btc
devrobot
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July 03, 2017, 06:26:18 PM
 #10294

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
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July 03, 2017, 07:03:57 PM
 #10295

can you link more than one btc address? my electrum wallet has balances split between a few addresses.
CoinCidental
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July 03, 2017, 07:13:53 PM
 #10296

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


yes ,as many as you like

or you can consolidate all your balances to 1 address if you wish
peschi
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July 03, 2017, 07:15:54 PM
 #10297

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

Yes, you can link as much addresses as you want. You can link all BTC addresses to just one Byteball address or you can create several Byteball addresses and link every BTC address. It depends how you want to do this.


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July 03, 2017, 07:17:28 PM
 #10298

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


yes ,as many as you like

or you can consolidate all your balances to 1 address if you wish

Remember that currently bitcoin fees can be much lower than what they were a month ago.
Fee calculation is not correct in many places, since they are still outdated.
kola-schaar
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July 03, 2017, 07:19:11 PM
 #10299

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July 03, 2017, 08:17:07 PM
 #10300


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.

you completely misunderstood my point but thanks anyway. You can buy and sell GB through the chatbot. It's actually a fantastic idea, it completely cuts out the need for exchanges. The chat bot has a built in order book. I've looked into it more but there's very little liquidity so,for now, exchanges still need to be used but it'd be fantastic to see people grow the chatbot order book rather than trade on exchanges.

It's actually an amazing idea, if all coins had their own built in order book you could create a sort of decentralized all seeing eye bot that could connect with all the individual coin bots and create a way to trade any coin at any time without ever needing an exchange.

Byteball should really push the built in order book, maybe offer a small incentive or something to stop people using exchanges.

(1470) <KLYE> But I was far too drunk to fuck a midget
(1470) <KLYE> I will fuck a chicken for 250 btc
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