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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1226310 times)
Wekkel
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July 04, 2017, 04:21:44 PM
 #10301

I have a technical question:

I sent some bytes and black bytes to another wallet as test payment.

Does this mean that my wallet is no longer linked for the upcoming airdrop and I wont receive bytes and black bytes?
-for Bitcoin linked
-for balance of bytes / black bytes held in my wallet

I heard some stories that by making a payment, the link is lost.

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s1lverbox
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July 04, 2017, 04:48:18 PM
 #10302

I have a technical question:

I sent some bytes and black bytes to another wallet as test payment.

Does this mean that my wallet is no longer linked for the upcoming airdrop and I wont receive bytes and black bytes?
-for Bitcoin linked
-for balance of bytes / black bytes held in my wallet

I heard some stories that by making a payment, the link is lost.

Link is not lost but balance will change.
Also some of change is sent to new wallet address which is not linked regardless if you controlling private keys.
Wekkel
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July 04, 2017, 04:56:34 PM
 #10303

But for the Bitcoin linked part of the airdrop, nothing should change, right (Bitcoin balance has not moved)?

And for the Byteball linked part of the airdrop, I assume just having a bytes / black bytes balance on any address controlled by me is sufficient?

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July 04, 2017, 05:04:09 PM
 #10304

But for the Bitcoin linked part of the airdrop, nothing should change, right (Bitcoin balance has not moved)?

And for the Byteball linked part of the airdrop, I assume just having a bytes / black bytes balance on any address controlled by me is sufficient?

If you didnt make any new tx on btc side than yeah. Any broadcasted tx always is split in to change address.
Wekkel
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July 04, 2017, 05:09:02 PM
 #10305

Hmm, for the black bytes, I read in the OP that black bytes bonus are only received for black bytes held in a linked address. How can I check my balance of black bytes in a linked address? Apologies for all these questions.
 

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July 04, 2017, 05:20:45 PM
 #10306

Hmm, for the black bytes, I read in the OP that black bytes bonus are only received for black bytes held in a linked address. How can I check my balance of black bytes in a linked address? Apologies for all these questions.
 

Search on google.
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July 04, 2017, 06:16:50 PM
 #10307

Hmm, for the black bytes, I read in the OP that black bytes bonus are only received for black bytes held in a linked address. How can I check my balance of black bytes in a linked address? Apologies for all these questions.
 

You receive no blackbytes for blackbytes held on any address. Nobody knows how many blackbytes you (or anybody else) have. Distribution based on blackbytes balance is not possible.

Blackbytes distribution is based on 1. btc balances of linked addresses 2. normal bytes balances in your wallet
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July 04, 2017, 06:28:55 PM
 #10308

Hmm, for the black bytes, I read in the OP that black bytes bonus are only received for black bytes held in a linked address. How can I check my balance of black bytes in a linked address? Apologies for all these questions.
 

You receive no blackbytes for blackbytes held on any address. Nobody knows how many blackbytes you (or anybody else) have. Distribution based on blackbytes balance is not possible.

Blackbytes distribution is based on 1. btc balances of linked addresses 2. normal bytes balances in your wallet

Actually, the blackbytes are only sent to a linked bytes address. From what I can tell, all one needs to do is say hi to the transition bot and she will tell you what balance you have in the linked account. If you notice you don't have your whole balance in the linked address, you just pick send all of your bytes in the send menu to the linked address.
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July 04, 2017, 06:31:29 PM
 #10309

I did a Google search indeed. There is not much to find on this topic, but the most easy solution seemed to send all my black bytes to a wallet on another device, wait until confirmed and send everything back to the 'linked address'. Black bytes payments carry a payment fee in 'bytes', I think, but about 2,000-3,000 bytes per payment is negligible.

For the 'bytes' in my wallet: the explorer indicates that they have indeed moved to another 'change' address so the 'linked address' shows a balance of zero in the explorer. But for bytes that should not matter in respect of the airdrop; only the black bytes must really be in the 'linked address'.

[edit]: apparently, moving black bytes around makes no sense as they apparently do not count for the 20% bonus, but the 'bytes' must be in a linked address to be eligible for the 'black bytes' bonus.

Quote
BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.2 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.42222 blackbytes

Just followed up on the advice to move all 'bytes' to the main address again via the transition bot. Slow learner here...
Thanks for all the help.

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July 04, 2017, 07:19:46 PM
 #10310

AncientMystery
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July 04, 2017, 07:47:02 PM
 #10311

I did a Google search indeed. There is not much to find on this topic, but the most easy solution seemed to send all my black bytes to a wallet on another device, wait until confirmed and send everything back to the 'linked address'. Black bytes payments carry a payment fee in 'bytes', I think, but about 2,000-3,000 bytes per payment is negligible.

For the 'bytes' in my wallet: the explorer indicates that they have indeed moved to another 'change' address so the 'linked address' shows a balance of zero in the explorer. But for bytes that should not matter in respect of the airdrop; only the black bytes must really be in the 'linked address'.

[edit]: apparently, moving black bytes around makes no sense as they apparently do not count for the 20% bonus, but the 'bytes' must be in a linked address to be eligible for the 'black bytes' bonus.

Quote
BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.2 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.42222 blackbytes

Just followed up on the advice to move all 'bytes' to the main address again via the transition bot. Slow learner here...
Thanks for all the help.

Here's a nice example. It helped me to understand the system better:

So I'm looking at rewards for this next distribution can you guys check my math here?

I put 5 BTC in byteball wallet, that should generate:

5 x .0625 GB which is 0.0625 X 10^9 bytes?

so i would be airdropped 0.3125 GB or 312,500,000 bytes
Correct.

Quote
but if i convert the BTC into bytes and put bytes in my wallet i get double the bonus
Correct.

Quote
312,500,000 X 2 bytes or,

625,000,000 bytes?
Wrong!

You can buy about 15 GBYTE for 5 BTC now. That would get you 20% airdorp, so 3 GBYTE extra. After the airdrop you'll have 18 GBYTE and 0 BTC.
Right after the airdrop the price drops a bit again, last month just over 20%. A few weeks later (now) it's up again. It's a gamble, you can do it, you can profit from it, but there's a chance to lose too.

Quote
Do i get even more for filling my wallet with blackbytes?
No. Read the OP again how it works Smiley

Karlos99
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July 04, 2017, 08:21:52 PM
 #10312

Hi Guys, i make decision register here after long therm when Iam IN (crypto) world.. I mining, trades, interest about this world long time, but i never discuss or share some ideas - I know so selfish... until NOW :-) I read here and see many guys from here like they are so experts and have a lot skills...

I have only one "simply" question. Byteball is for me one big technical question and i was buy on 420 use per each cause i like is different...

I like know yours opinion guys on price after 1 year - really seriously opinion. I know is so hard and you are not Nostradamus, but really your look on that coin.

Thank you very much and good luck in CRYPTO for everybody...
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July 04, 2017, 09:08:41 PM
 #10313

Dev are you stopped for free byteball ? link is error I have instal in android and one some


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WPPENERGY
World Power Production

INNOVATION LEADERS IN THE GLOBAL
    RENEWABLE ENERGY INDUSTRY


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INQUIRE
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July 04, 2017, 09:19:57 PM
 #10314

Sorry for being paranoid.Please answer
Signatures are part of Bitcoin. Short answer: it's safe.
If you think it can be cracked, this address holds 53,880.0574758 BTC ($140 million) and has signed this message.

 Shocked, that's a lot of BTC and expected GBs! 3340.5635634996GBs and $2,839,479.02897466 worth of it (at 1GB = $850) to be exact.
davidoski
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July 04, 2017, 11:45:28 PM
 #10315



Isn't that a nice historical price performance?

Chancellor on brink of second bailout for banks
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July 05, 2017, 08:23:52 AM
 #10316



Isn't that a nice historical price performance?

This chart looks impressive! I think IOTA hype added some value too... I think there might be a small dip in the price after airdrop due to dumping.

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July 05, 2017, 09:34:31 AM
 #10317



Isn't that a nice historical price performance?

Steady price increase indicates for me that this isnt some pump

s1lverbox
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July 05, 2017, 09:46:17 AM
 #10318


UPDATE :

554,855 btc linked  which will bring approx. : 34,678 gb

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

So

 255,492+51,098+34,678= 341,268 Gb in total in circulation after give away.

Yes that's 1/3 of all gbytes.

Yes i think in this rate we will have at least 4 more airdrops
.
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July 05, 2017, 09:50:33 AM
 #10319

As i understood, 7th dealing out will take place soon. I wonder how many in total will be made and if we joined once with an address already, can we participate again with the same address. Little information will be appreciated. And one last question... Is Blackbyte going to be in a market soon? After all, this would be the real progress for the developement of the project as being added on a market is the best marketing you can do.
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July 05, 2017, 11:32:01 AM
 #10320

As i understood, 7th dealing out will take place soon. I wonder how many in total will be made and if we joined once with an address already, can we participate again with the same address. Little information will be appreciated. And one last question... Is Blackbyte going to be in a market soon? After all, this would be the real progress for the developement of the project as being added on a market is the best marketing you can do.

same address will be fine ,no need to change it
it would be good to get onto some  big exchanges
bittrex isnt really puting us on the map compared to the likes of polo ,bitfinex or the big 3 in china
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