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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1234310 times)
sinner
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July 08, 2017, 04:57:21 PM
 #10481

Just to confirm--while you need to link BTC addresses to receive airdrop of bytes/blackbytes, the airdrop on existing GBYTE holders requires no linking--is that correct?

In other words, if a friend sends me some bytes to a new address, I don't have to link that address or anything, I'll just receive 0.2 bytes per byte tonight, right?
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July 08, 2017, 05:01:48 PM
 #10482

Just to confirm--while you need to link BTC addresses to receive airdrop of bytes/blackbytes, the airdrop on existing GBYTE holders requires no linking--is that correct?

In other words, if a friend sends me some bytes to a new address, I don't have to link that address or anything, I'll just receive 0.2 bytes per byte tonight, right?

No.
Your GByte address needs to be linked to a bitcoin address (even if empty).   If you haven't moved your GByte, then you're already linked since you got them from a prior distrobution.  If in question, just check the transition site to see if your byteball is linked.

Now, if a friend sends to a NEW byteball receiving, then you must link to a bitcoin address (even if the btc addy is empty).  That's how it's been explained to me several times, and linking only takes a minute, so not going to risk not getting a bonus of 20%

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July 08, 2017, 05:41:24 PM
 #10483

Hi guys, I don't know if someone knows how to help me.
I was trying to sell BlackBytes, but I had no Bytes to pay for the fees, hence I couldn't settle the deal.

Now I have 60MB on my account, but I still can't proceed. "Could not send payment: not enough indivisible asset coins that fit the desired amount within the specified tolerances, make sure all your funds are confirmed"
which is, interestingly, different from the message I got when there were no Bytes whatsoever on my wallet.

I've been told that I don't have transfered my Bytes from my main wallet to the smart wallet, but I can't find any indications of a "smart wallet receive button" or anything suggesting I can create a separate Bytes balance, to be associated with the chat in which I'm selling BlackBytes.

https://byteroll.com/trading/trading-blackbytes
says in this case I should "Click the Receive tab, copy the address, then paste it into the Send screen of your regular bytes wallet." but when I click on Receive I'm presented with my main wallet receive address. I even tried a transfer and all I did was switch fund from one address to the other, paying a fee for doing nothing, because I'm still keeping all the funds in one wallet, the only one I can visualize.

The wiki page also states: "You can see the details of the smart (wallet) contract by clicking the little eyeball to the right of the smart contract home screen"
 but there's no visibly marked smart contract home screen, if it's either the chat tab, the specific chat with the GBB buyer, or the screen that is visualized when I click to set the binding condition, in none of those cases I have any indication of a different receive button, a separate balance, or a little eyeball.

I'm sorry, I'm stuck.
Anyone?

Thanks in advance.

You can't send Blackbytes without having Bytes to pay the transaction fee.

Once you get bytes, you can then move/sell/trade away your blackbytes.
And, you will need to send various smaller amounts.  Example... If you have 100GBB, then send 75.  Wait for confirmation, then send 15, then 5, etc.  When your wallet is empty of GBB, then move your GB  (assuming that's your intent).

I don't get it. It should be straightforward. Everyone I'm talking to has a different theory. Your version has no relationship with the answer I got on Slack by the author of the wiki guide.
For instance, did anyone see a little eyeball on the wallet? Where?

Anyway. Why the need to send separate chunks, with no explicit rule as to how and what amounts?
Had blackbytes had problems with smaller units, why create the smaller units in the first place?

Besides, I cannot change the amount or send it in a few chunks, since it's about selling blackbytes to someone who already sent a message to which I should bind his payment condition.
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July 08, 2017, 06:00:13 PM
 #10484

is there an exchange trading blackbyte yet?
a7594li
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July 08, 2017, 06:02:45 PM
 #10485

is there an exchange trading blackbyte yet?
Bittrex https://bittrex.com
Cryptox https://cryptox.pl/


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c-none
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July 08, 2017, 06:17:52 PM
 #10486

How to mine this coin by nVidia GPUs?
Is it minable??

Thanks!
amacar1
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July 08, 2017, 06:18:42 PM
 #10487

How to mine this coin by nVidia GPUs?
Is it minable??

Thanks!
No and no.
onetwo12
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July 08, 2017, 06:19:35 PM
 #10488

How to mine this coin by nVidia GPUs?
Is it minable??

Thanks!

buy a computer then you can mine it  Wink

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM
bones261
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July 08, 2017, 06:25:15 PM
 #10489

How to mine this coin by nVidia GPUs?
Is it minable??

Thanks!

You can figure out how to become a witness and share 1/12 of the transaction fees for anyone who uses your hub. Good luck! https://gitlab.com/snippets/1548253
onetwo12
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July 08, 2017, 06:26:40 PM
 #10490



so about 5% of total BTC in circulation been linked with byteball!!!

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM
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July 08, 2017, 06:38:31 PM
 #10491



so about 5% of total BTC in circulation been linked with byteball!!!

Crazy BTC numbers! It was just 500k BTC few days ago. I bet all whales linked their BTC Smiley

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July 08, 2017, 06:43:11 PM
 #10492



so about 5% of total BTC in circulation been linked with byteball!!!

just wow, distribution might end sooner than expected.
Freefactomizer
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July 08, 2017, 06:44:02 PM
 #10493


Crazy BTC numbers! It was just 500k BTC few days ago. I bet all whales linked their BTC Smiley

Yeah these last days we saw many rich addresses linked.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
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July 08, 2017, 07:01:59 PM
 #10494

lol time to decrease btc - gbyte ratio to force this people to buy gbyte...any updates on that?
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July 08, 2017, 07:13:36 PM
 #10495

is there an exchange trading blackbyte yet?
Bittrex https://bittrex.com
Cryptox https://cryptox.pl/

lol these exchanges trade byteballs (GByte), none trade blackbyte...
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July 08, 2017, 07:15:59 PM
 #10496

[img ]https://i.imgur.com/ZD75bK4.png[/img]

so about 5% of total BTC in circulation been linked with byteball!!!

Byteball is getting a good support from the bitcoin community and I think that is one of the biggest one?(So many bitcoins linked to byteball). - - I have a question if I linked 2 byteball addresses will the first one "deactivated" or both of them will get invalidated?
Michail1
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July 08, 2017, 07:20:23 PM
 #10497

is there an exchange trading blackbyte yet?

No exchange does BlackByte yet. 
(And probably shouldn't since it's supposed to be anonymous.)

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July 08, 2017, 07:25:05 PM
 #10498


Byteball is getting a good support from the bitcoin community and I think that is one of the biggest one?(So many bitcoins linked to byteball). - - I have a question if I linked 2 byteball addresses will the first one "deactivated" or both of them will get invalidated?

It depends on how you link.

If you link the BTC address via TX to two diff byteball, then the BTC is ignored == No distribution.

However, if you link via TX and then via Sig   (or sig and sig), then the newer link takes over and you get a link == You're part of the distribution.

If you're unsure, then simply link via Signature and your golden.

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July 08, 2017, 07:32:06 PM
 #10499

Has anyone seen the previous snapshots? Like on the dag?

Is there actually a link to it?
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July 08, 2017, 07:34:08 PM
 #10500

[img ]https://i.imgur.com/ZD75bK4.png[/img]
...
..
 I have a question if I linked 2 byteball addresses will the first one "deactivated" or both of them will get invalidated?
These are valid and possible combinations:

(i.e. possible configurations: one-to-one relationship, 1:n relationship, multiple one-to-one relationship)

What is not listed here is valid:
Inspired by my conversation with Aleš Janda (who is very knowledgeable in blockchain analysis and runs walletexplorer.com and chainalysis.com), there is a new rule for microtransaction-proven bitcoin addresses:

- if the address had more than 50 transactions in the last 3 days, it is rejected.  Linking by signature is still possible.

Such frequent transactions are common for exchanges and other shared wallets, and the rule prevents its customers from linking the shared address by doing a withdrawal.

This adds to the other two rules that serve the same purpose:
- if the microtransaction has more than 2 outputs, it is rejected (with the exception of Electrum 2fa transactions that have 3 outputs), because exchanges often aggregate several withdrawals into a single transaction
- if the same address was already linked before by another user, the new link is rejected and the old link is canceled.  This applies only to tx-proven addresses, and the reason for this rule is that for sufficiently popular exchanges, there will likely be more than one user who tries to cheat.

The two old rules were good enough at filtering large well known exchanges but a small number of addresses of smaller exchanges were still linked.  The new rule is to filter them too.
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