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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1225553 times)
devrobot
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July 09, 2017, 07:49:45 PM
 #10741

how many rounds will be- 9 or more?
Depends on how many BTC get linked in the next rounds.
Someone calculated at least 4 more.
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Xavofat
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Did you see that ludicrous display last night?


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July 09, 2017, 07:50:36 PM
 #10742

looks like 6000+ GBytes have been dumped since snapshot was taken
It was an absolutely ideal buying opportunity.  I'm already up about 0.05 BTC since the distribution (not to mention the BTC that I linked, which adds more than another 0.05 as well).
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July 09, 2017, 07:50:48 PM
 #10743

As always, thanks for the free Byteball! Smiley

Something strange has happened to me this time:

8 hours before the snapshot I sent an additional 1.1BTC to one of my previously linked BTC addresses.
Some time later (1 or two hours maybe) the transaction got confirmed and checking in transition bot the additional balance was acknowldged.

Yet when I have received my GB it is as if that 1.1BTC wasn't added.

So... how many confirmation are needed for a balance to be considered in the airdrop?

Why do transition bot doesn't apply the same restriction when showing linked balances?

19VBmRQVqrtNTGiwngZutwREagcKxJgVZM
bones261
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July 09, 2017, 07:56:21 PM
Last edit: July 09, 2017, 08:23:50 PM by bones261
 #10744

I've been trying to set up a Witness by following https://gitlab.com/snippets/1548253#L64 but I'm stuck.

1. I'm not clear on these instructions (from the link above):

Quote
The difference between a hub and relay is the exports.bServeAsHub = true or false, both a hub and relay
need a port, and a hub only needs a myUrl - which is advertised when talking with other peers on the network so they can discover you.

So if I want a Witness, is this configuration correct?

conf.js
Code:
exports.port = 6611;
exports.myUrl = 'wss://myIPaddressHere/bb';
exports.bServeAsHub = true;
exports.bSaveJointJson = true;
exports.bLight = false;

2. If a Witness gets 1/12 of transaction fees, where do I enter my Byteball address which collects the fees?

3. Do any other files besides the root conf.js need to be edited if I want to run a Witness (not counting the nginx files)?

My guess is to change one of the addresses in the conf.js file to your address. I believe it is advised to change the address that starts with JED because there can only be one "mutation" per block. So if everyone only changes this one address to theirs, it will not get rejected.
Code:
exports.initial_witnesses = [
'BVVJ2K7ENPZZ3VYZFWQWK7ISPCATFIW3',
'DJMMI5JYA5BWQYSXDPRZJVLW3UGL3GJS',
'FOPUBEUPBC6YLIQDLKL6EW775BMV7YOH',
'GFK3RDAPQLLNCMQEVGGD2KCPZTLSG3HN',
'H5EZTQE7ABFH27AUDTQFMZIALANK6RBG',
'I2ADHGP4HL6J37NQAD73J7E5SKFIXJOT',
'JEDZYC2HMGDBIDQKG3XSTXUSHMCBK725',  //Change this address to yours
'JPQKPRI5FMTQRJF4ZZMYZYDQVRD55OTC',
'OYW2XTDKSNKGSEZ27LMGNOPJSYIXHBHC',
'S7N5FE42F6ONPNDQLCF64E2MGFYKQR2I',
'TKT4UESIKTTRALRRLWS4SENSTJX6ODCW',
'UENJPVZ7HVHM6QGVGT6MWOJGGRTUTJXQ'
];

I hope that I am being helpful since I haven't tried any of this myself. What deterred me from embarking on the project is for the following reason:
You only share 1/12 of the transaction fees of the transactions that would go through your hub. You have to convince people to go through your hub, rather than the default. With the way this witness thing is setup, it's going to be quite the chore to get this decentralized. You can only have one mutation from the witness list per block. You would have to coordinate with all the other people running hubs to make this happen. Good luck.
bones261
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July 09, 2017, 08:06:12 PM
Last edit: July 09, 2017, 08:21:02 PM by bones261
 #10745


So, you would want to see the word 'Scheduled' in bold cause you didn't see it in a normal font color?

You can't make everyone happy all the time.  Keep making changes to be able to explain everything to everyone and you end up with a 50k page manual and a group of people to read and understand it.  Seems like Obamacare then and still no one is happy with it.


By your own admission, the word "scheduled" is too vague. Clarifying that the snapshot will be taken of the next block solved after the full moon takes one sentence, not 50K pages.  Roll Eyes
bobboooiie
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July 09, 2017, 08:08:08 PM
 #10746

Can I ask you guys what are the darkbytes for and if they are tradeable ?
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July 09, 2017, 08:18:53 PM
 #10747

Can I ask you guys what are the darkbytes for
They are for anonymous transactions.  You can only send blackbytes to a linked wallet.
Quote from: bobboooiie
and if they are tradeable ?
You can't trade them on major exchanges like Bittrex, but you can trade them on the Byteball slack under trading_blackbyte.

You should read this article on how to do it, so that you're safe doing these peer-to-peer trades using Byteball's conditional payments.

I should warn you though, blackbytes aren't worth much at all currently.  You might be better holding them long-term until they're worth something significant relative to bytes.
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July 09, 2017, 08:24:38 PM
 #10748

how many rounds will be- 9 or more?
Depends on how many BTC get linked in the next rounds.
Someone calculated at least 4 more.

ok. thx.

with such temp will be some 1.5-1.6 at august round and 4-5 rounds

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c789
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July 09, 2017, 08:24:55 PM
 #10749

I hope that I am being helpful since I haven't tried any of this myself. What deterred me from embarking on the project is for the following reason:
You only share 1/12 of the transaction fees of the transactions that would go through your hub. You have to convince people to go through your hub, rather than the default. With the way this witness thing is setup, it's going to be quite the chore to get this decentralized. You can only have one mutation from the witness block. You would have to coordinate with all the other people running hubs to make this happen. Good luck.

Thank you. I hope there are efforts made to further decentralize this since privacy is linked to decentralization. I suppose I'm now in the same boat as you since I can't think of an easy or practical way to get others to include my hub as a witness. This is a young coin so maybe in the future...

Comparison of Privacy-Centric Coins: https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php also includes Verge and Pivx
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July 09, 2017, 08:44:57 PM
 #10750


So, you would want to see the word 'Scheduled' in bold cause you didn't see it in a normal font color?

You can't make everyone happy all the time.  Keep making changes to be able to explain everything to everyone and you end up with a 50k page manual and a group of people to read and understand it.  Seems like Obamacare then and still no one is happy with it.


By your own admission, the word "scheduled" is too vague. Clarifying that the snapshot will be taken of the next block solved after the full moon takes one sentence, not 50K pages.  Roll Eyes

I am saying that if you keep making change after change to make everyone happy, then no one is happy and it ends up being 50k pages.
Yes, scheduled could be more clear..... and then people complain about the next word they don't like or simply don't read the front page, because it ends up being so big or long.  Like this thread.

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July 09, 2017, 08:48:44 PM
 #10751

As always, thanks for the free Byteball! Smiley

Something strange has happened to me this time:

8 hours before the snapshot I sent an additional 1.1BTC to one of my previously linked BTC addresses.
Some time later (1 or two hours maybe) the transaction got confirmed and checking in transition bot the additional balance was acknowldged.

Yet when I have received my GB it is as if that 1.1BTC wasn't added.

So... how many confirmation are needed for a balance to be considered in the airdrop?

Why do transition bot doesn't apply the same restriction when showing linked balances?


1 confirmation.

We can't confirm anything on your balance unless you post the address to check.

Kwelstr
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July 09, 2017, 09:03:05 PM
 #10752

So the fool moon calendar for the rest of the year is like this:

Date      Name          U.S. East                UTC

Aug. 7     Sturgeon Moon    2:11 p.m.         19:11
Sept. 6    Harvest Moon    3:03 a.m.           08:03
Oct. 5     Hunter's Moon    2:40 p.m.           19:40
Nov. 4     Beaver Moon    12:23 a.m.        05:23
Dec. 3     Cold Moon       10:47 a.m.        15:47

¯\_(ツ)_/¯

BitCore has a free airdrop every Monday. Get your free BTX!
riskthebiscuit
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July 09, 2017, 09:14:45 PM
 #10753

Really enjoyed being part of such a fair airdrop situation. Gonna hodl for a while, I think this coin has some great potential. Lets hope for 4+ more drops fellas Smiley . Lets go!
Wekkel
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yes


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July 09, 2017, 09:27:18 PM
 #10754

I made a (long) tutorial on creating private assets in Byteball and flagged a few issues I encountered. I hope the devs can look into these.

https://steemit.com/cryptocurrency/@wekkel/byteball-create-your-own-tokens

bitserve
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July 09, 2017, 09:33:22 PM
 #10755

As always, thanks for the free Byteball! Smiley

Something strange has happened to me this time:

8 hours before the snapshot I sent an additional 1.1BTC to one of my previously linked BTC addresses.
Some time later (1 or two hours maybe) the transaction got confirmed and checking in transition bot the additional balance was acknowldged.

Yet when I have received my GB it is as if that 1.1BTC wasn't added.

So... how many confirmation are needed for a balance to be considered in the airdrop?

Why do transition bot doesn't apply the same restriction when showing linked balances?


1 confirmation.

We can't confirm anything on your balance unless you post the address to check.

Thanks for the reply.

I am not really confident posting that info on the thread, maybe I could PM though.... but I am trying to understand what happened myself.

I have two different byteball addresses linked to several btc addresses each. So maybe it is me that got wrong in my calculations. Two questions:

- What is the exact block that has been used for the snapshot?
- Have the airdrop already been finished including the 20% per previous byteballs?

19VBmRQVqrtNTGiwngZutwREagcKxJgVZM
s3v3nh4cks
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July 09, 2017, 10:39:36 PM
 #10756

I attempted to link my addresses before the 7th round started, and after it started, I get the same error.

"Address linking is paused during distribution. Check again in a few days."

How do I link it since I get this error??
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July 09, 2017, 10:42:38 PM
 #10757

in a few days the bot said
s3v3nh4cks
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July 09, 2017, 10:50:26 PM
 #10758

in a few days the bot said

Ok, why are some able to get in on this and some have to wait a few days?? sounds sketchy..
bones261
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July 09, 2017, 10:54:02 PM
 #10759

in a few days the bot said

Ok, why are some able to get in on this and some have to wait a few days?? sounds sketchy..

There is no bonus for doing it now, doing it a few days from now or doing it moments before the next snapshot.
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July 09, 2017, 10:55:03 PM
 #10760

in a few days the bot said

Ok, why are some able to get in on this and some have to wait a few days?? sounds sketchy..

There is no bonus for doing it now, doing it a few days from now or doing it moments before the next snapshot.

I tried a few days ago, which is what I said (before it started) So how do I get in on the airdrop at this point??
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