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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1178060 times)
Freefactomizer
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July 09, 2017, 01:08:52 PM
 #10681

Reserve Russian translation

Are you serious ?

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July 09, 2017, 01:09:00 PM
 #10682

how much is now the circulating supply?

is it like 50% of the previous amount in circulation just got distributed? huge amount that will eat up some of the marketcap.
looks like cheaper to buy now than if you bought GBYTES within the last 2 weeks (even if you got the 0.2 per byte bonus).

Yeah somewhere around 40-50% I think
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July 09, 2017, 01:11:34 PM
 #10683

how much is now the circulating supply?

is it like 50% of the previous amount in circulation just got distributed? huge amount that will eat up some of the marketcap.
looks like cheaper to buy now than if you bought GBYTES within the last 2 weeks (even if you got the 0.2 per byte bonus).

Yeah somewhere around 40-50% I think

This is not due to the airdroppend coins being dumped. Someone dumped hard either immediately after the snapshot or immediately before, speculating to buy a few hours later at a cheper price.

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July 09, 2017, 01:15:04 PM
 #10684

That dump was at 05.10 GMT,I'm not to sure when the snapshot time
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July 09, 2017, 01:16:13 PM
 #10685

That dump was at 05.10 GMT,I'm not to sure when the snapshot time

04:07 UTC
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July 09, 2017, 01:20:28 PM
 #10686

If I understand correctly - blackbytes are held only on users' wallets.
What happens to the blackbytes that I am supposed to receive, if I don't login for a year into my byteball wallet.

In the case of normal cryptocurrencies, I just hold the private keys to my address and coins are transferred to my address, irrespective of whether I am logged in or not. Is it the same with blackbytes?


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ChainSmoker
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July 09, 2017, 01:27:40 PM
 #10687

Any exchange where i can trade blackbytes as of now?

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July 09, 2017, 01:34:40 PM
 #10688

Any exchange where i can trade blackbytes as of now?

You can trade them P2P (with a smart-contract) in Slack.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
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July 09, 2017, 01:39:05 PM
 #10689

If I understand correctly - blackbytes are held only on users' wallets.
What happens to the blackbytes that I am supposed to receive, if I don't login for a year into my byteball wallet.

In the case of normal cryptocurrencies, I just hold the private keys to my address and coins are transferred to my address, irrespective of whether I am logged in or not. Is it the same with blackbytes?

For Blackbytes you need to get also the private informations that the peer sends to you.
The hub serves as a buffer, I don't know if it will keep the (encrypted) data about your Blackbytes for 1 year.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
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July 09, 2017, 01:40:49 PM
 #10690

Distribution of bytes is finished, 110,411.089425997 GB distributed.  New available supply is 365,903.008377294 GB.  It is already updated on coinmarketcap.

Distribution of blackbytes will start in a few hours and will take much longer, likely more than 1 day.  I'll post when it is done.

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July 09, 2017, 01:48:01 PM
 #10691

I have just got my coin. Too slow before the dump. Therefore, I will keep these coin in my wallet and wait for the next distribution. This is very good and poteential. I hope that more people will start using byteball and make this coin stronger than ever. Byteball should be developed and used by rich people

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taiche
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July 09, 2017, 02:04:39 PM
 #10692

Received. Byteball is great!
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July 09, 2017, 02:15:04 PM
 #10693

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%


I received the 20% byte bonus to an unlinked byteball address.  Shocked Grin
seems you don't need to link them!
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July 09, 2017, 02:16:21 PM
 #10694

To be honest I have much better user experience with Byteball than other alt coins. Wallet works great across operating systems and everything works as advertised, I really believe that it should be developed further, after all the air drops. I would say the future airdrops should reduce the amount per coin, to make more rounds, for more people to have time to involve.

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July 09, 2017, 02:17:46 PM
 #10695

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%


I received the 20% byte bonus to an unlinked byteball address.  Shocked Grin
seems you don't need to link them!

I think you only need to link of you want to receive black bytes as well.
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July 09, 2017, 02:25:31 PM
 #10696

To be honest I have much better user experience with Byteball than other alt coins. Wallet works great across operating systems and everything works as advertised, I really believe that it should be developed further, after all the air drops. I would say the future airdrops should reduce the amount per coin, to make more rounds, for more people to have time to involve.

Totally agree with you on that. The devs really thought about the future - normies will only accept something they can easily understand, so why not make an app-like wallet by default?
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July 09, 2017, 03:00:06 PM
 #10697

Wow, Byteball now second highest volume behind BTC-ETH trading pair on Bittrex.com. Great job tonych. Thank you!!!
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July 09, 2017, 03:07:12 PM
 #10698

To be honest I have much better user experience with Byteball than other alt coins. Wallet works great across operating systems and everything works as advertised, I really believe that it should be developed further, after all the air drops. I would say the future airdrops should reduce the amount per coin, to make more rounds, for more people to have time to involve.

What is still missing is enough information about how good actually Byteball is and how many things you can do with it. People speak only about how cool it is to get the free coins and how they could sell blackbytes but few actually investigate the exciting and user friendly features of Byteball. Perhaps Tony should think at some bounties for people making nice videos and writing deep-in articles to make Byteball more and more known and thus push for a wider adoption, and not only for enjoying the airdrops.

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July 09, 2017, 03:07:54 PM
 #10699

Receiving GByte.
Tomorrow : the blackbytes.
Price is dumping for a few hours : don't panic, price will grow up after this.

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July 09, 2017, 03:11:34 PM
 #10700

Wow, Byteball now second highest volume behind BTC-ETH trading pair on Bittrex.com. Great job tonych. Thank you!!!
Byteball's got a long way to go yet.  It's intrinsic value is pretty high due to the static fees.

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