Obyte: Totally new consensus algorithm + private untraceable payments

[Come-from-Beyond]

Many people have problems with restoring byteball backups sized > 4gb. I just build the wallet with patch provided in github https://github.com/byteball/byteball/pull/164. I think it will be preffered to transfer your funds to exchange and wait for the next stable version from Tony. And only then transfer it back. That because your backup may corrupt due to database migration. Enjoy it.

macOS 1.9.1 unofficial fix: "https://mega.nz/#!UPhHgCTR!YAEorVP0MVCF3N5wld3u6jb7j94MJSQeRuMtm994XHA" (copy all between "" and paste in the browser).

How many people will use a fix published by a random dude with no posts history? Ever thought of that?

[cbgvw34]

Many people have problems with restoring byteball backups sized > 4gb. I just build the wallet with patch provided in github https://github.com/byteball/byteball/pull/164. I think it will be preffered to transfer your funds to exchange and wait for the next stable version from Tony. And only then transfer it back. That because your backup may corrupt due to database migration. Enjoy it.

macOS 1.9.1 unofficial fix: "https://mega.nz/#!UPhHgCTR!YAEorVP0MVCF3N5wld3u6jb7j94MJSQeRuMtm994XHA" (copy all between "" and paste in the browser).

How many people will use a fix published by a random dude with no posts history? Ever thought of that?

Haha. at your peril dude.

P.S. You can patch your installed Byteball.app by yourself. Just replace the "unzip" library in the "node_modules" to that "https://github.com/byteball/unzip". The repo is official and is supported by Tony.

[s1lverbox]

Tony as Dev add one small thing for future rounds.

It will get interesting for Gbytes holders.

The 8th round is scheduled for the full moon of August (Aug 7, 2017 at 18:10 UTC). The balances will be snapshotted at the time of the first Bitcoin block after this date, and rules for this round are as indicated above. We will likely have more rounds until we distribute all 98%, the rules in the future rounds will change in favor of current holders of bytes.

[esistHannover]

the transition bot says the linking is disabled.. how to add btc adress for next distribution?

[yvv]

Can anybody tell me how much are the transaction costs in Byteball and Blackbytes and where I can see these?

Around 500 bytes per transaction.

Thx, also 500 Bytes for Blackbyte transactions? So I need GBYTE when I want to transfer Blackbytes?

Yes, you need between 500 and 1500 Bytes for a Blackbyte tx. Could be a little more if you do an exchange with a smart contract with a trading partner.

This is not quite true. Transaction cost equals to payload size. A size of my last blackbyte transaction was ~11000 bytes.

[Freefactomizer]

the transition bot says the linking is disabled.. how to add btc adress for next distribution?

Just wait that the bot is back.

[Come-from-Beyond]

P.S. You can patch your installed Byteball.app by yourself. Just replace the "unzip" library in the "node_modules" to that "https://github.com/byteball/unzip". The repo is official and is supported by Tony.

This is much better, thx.

[ByteFan]

Can anybody tell me how much are the transaction costs in Byteball and Blackbytes and where I can see these?

Around 500 bytes per transaction.

Thx, also 500 Bytes for Blackbyte transactions? So I need GBYTE when I want to transfer Blackbytes?

Yes, you need between 500 and 1500 Bytes for a Blackbyte tx. Could be a little more if you do an exchange with a smart contract with a trading partner.

This is not quite true. Transaction cost equals to payload size. A size of my last blackbyte transaction was ~11000 bytes.

True. 500 bytes is the minimum fee. The fee is proportional to the paylod. For a simple fund transfer it remains quite low (would notbe the same if you post a 8K movie to the DAG).

[metalbean]

tonych,

out of curiosity, why didn't you list byteball on yobit?

[tonych]

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.

Distribution of blackbytes is also finished now.

The next round is scheduled for the Full Moon of August: August 7, 2017 at 18:10 UTC.  The rules stay the same:

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

Putting this another way, to receive 1 GB from the distribution, you need to already hold 16 BTC or 5 GB.  These same holdings also give you 2.1111 GBB (giga-blackbytes).

[Come-from-Beyond]

1 BTC of proven balance gives you 62.5 MB (0.0625 GB)

1 BTC on which chain?

[devrobot]

1 BTC of proven balance gives you 62.5 MB (0.0625 GB)

1 BTC on which chain?

That is a good question but I don't think we can get a clear answer until a bit after August 1st.

[.cryptic.]

1 BTC of proven balance gives you 62.5 MB (0.0625 GB)

1 BTC on which chain?

Different chains will have different names right?
I thought the current chain will become BTC Legacy if a fork occurs.

[dashingriddler]

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.

Distribution of blackbytes is also finished now.

The next round is scheduled for the Full Moon of August: August 7, 2017 at 18:10 UTC.  The rules stay the same:

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

Putting this another way, to receive 1 GB from the distribution, you need to already hold 16 BTC or 5 GB.  These same holdings also give you 2.1111 GBB (giga-blackbytes).

Hi!

Great project, I like the distribution model a lot! It have gained a great community already.
~

It has? Yet when I asked a simply question it got ignored as if I was not serious with my inquiry about the wallet syncing.

Once again: It has been over 5 days of my wallet trying to sync non-stop in which I did an update from the website v1.9.1 install.
Now,

How long is it sposse to take to get it fully synced?

I wish to start to transfer to this wallet. And yes,
I know I can start to transfer to the wallet immediately even without syncing but I do not operate any of my wallets this way and have always allowed them to sync to their respective blockchain(s) before transferring anything of significant value to them.

I thank you for any response to this.
As it seems you are the creator and primary proprietor of this project.

Atleast the way people are talking about you on this thread.

[Come-from-Beyond]

It has? Yet when I asked a simply question it got ignored as if I was not serious with my inquiry about the wallet syncing.

Most of people here are traders, they don't know such things. I suggest you not to stop the syncing, I did it and was stuck in endless DB compacting loop.

[devrobot]

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.

Distribution of blackbytes is also finished now.

The next round is scheduled for the Full Moon of August: August 7, 2017 at 18:10 UTC.  The rules stay the same:

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

Putting this another way, to receive 1 GB from the distribution, you need to already hold 16 BTC or 5 GB.  These same holdings also give you 2.1111 GBB (giga-blackbytes).

Hi!

Great project, I like the distribution model a lot! It have gained a great community already.
~

It has? Yet when I asked a simply question it got ignored as if I was not serious with my inquiry about the wallet syncing.

Once again: It has been over 5 days of my wallet trying to sync non-stop in which I did an update from the website v1.9.1 install.
Now,

How long is it sposse to take to get it fully synced?

I wish to start to transfer to this wallet. And yes,
I know I can start to transfer to the wallet immediately even without syncing but I do not operate any of my wallets this way and have always allowed them to sync to their respective blockchain(s) before transferring anything of significant value to them.

I thank you for any response to this.
As it seems you are the creator and primary proprietor of this project.

Atleast the way people are talking about you on this thread.

It took me one day to sync the wallet, but apparently it has a lot to do with HDD speed (not enough to have a good internet connection). I'm using an SSD, and it seems to influence the speed quite a lot (from the comments I've read).
It's apparently normal for it to take a long time, and I seem to recall that the developer (or someone else) was working on optimising it. Nothing you can do now but wait. (Or cancel the whole thing and start with the light wallet, which syncs in just a few minutes)

[dashingriddler]

It has? Yet when I asked a simply question it got ignored as if I was not serious with my inquiry about the wallet syncing.

Most of people here are traders, they don't know such things. I suggest you not to stop the syncing, I did it and was stuck in endless DB compacting loop.

Ah okay. Did not realize almost all people who collect byteball here are traders and do not have the time nor the know how on what they actually did when they installed the wallet months ago. Which would of taken no time at all to sync since it just started in November 2016 from when I recall seeing it advertised in a signature campaign for the first time.
I will take your advice and not stop it because then I would end up with the same problem and the five days of endlessly syncing would be for nothing.

Thanks for the valuable information about this.
Since I wasted alot of electricity and also warring out my hard drive read and write times doing this syncing process.

[Coiner_]

It has? Yet when I asked a simply question it got ignored as if I was not serious with my inquiry about the wallet syncing.

Most of people here are traders, they don't know such things. I suggest you not to stop the syncing, I did it and was stuck in endless DB compacting loop.

Ah okay. Did not realize almost all people who collect byteball here are traders and do not have the time nor the know how on what they actually did when they installed the wallet months ago. Which would of taken no time at all to sync since it just started in November 2016 from when I recall seeing it advertised in a signature campaign for the first time.
I will take your advice and not stop it because then I would end up with the same problem and the five days of endlessly syncing would be for nothing.

Thanks for the valuable information about this.
Since I wasted alot of electricity and also warring out my hard drive read and write times doing this syncing process.

Are you using the light wallet? Syncing takes milliseconds

[sinner]

i linked my main BTC addresses to a byteball address generated offline

Does that mean you told the transition bot an address that isn't part of the wallet you chat with?

Yes, is that a problem?

How to learn more about blackbytes?  Can you do blackbyte cold storage?

To learn more: experiment! Create 2 (or more) "play wallets" with not too much value in there, and test how it works.
Cold storage is not possible, you can only receive blackbytes in a wallet that has been online.

  thanks, will play around with it

[dashingriddler]

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.

Distribution of blackbytes is also finished now.

The next round is scheduled for the Full Moon of August: August 7, 2017 at 18:10 UTC.  The rules stay the same:

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

Putting this another way, to receive 1 GB from the distribution, you need to already hold 16 BTC or 5 GB.  These same holdings also give you 2.1111 GBB (giga-blackbytes).

Hi!

Great project, I like the distribution model a lot! It have gained a great community already.
~

It has? Yet when I asked a simply question it got ignored as if I was not serious with my inquiry about the wallet syncing.

Once again: It has been over 5 days of my wallet trying to sync non-stop in which I did an update from the website v1.9.1 install.
Now,

How long is it sposse to take to get it fully synced?

I wish to start to transfer to this wallet. And yes,
I know I can start to transfer to the wallet immediately even without syncing but I do not operate any of my wallets this way and have always allowed them to sync to their respective blockchain(s) before transferring anything of significant value to them.

I thank you for any response to this.
As it seems you are the creator and primary proprietor of this project.

Atleast the way people are talking about you on this thread.

It took me one day to sync the wallet, but apparently it has a lot to do with HDD speed (not enough to have a good internet connection). I'm using an SSD, and it seems to influence the speed quite a lot (from the comments I've read).
It's apparently normal for it to take a long time, and I seem to recall that the developer (or someone else) was working on optimising it. Nothing you can do now but wait. (Or cancel the whole thing and start with the light wallet, which syncs in just a few minutes)

That might be the whole problem right there.
I am using an old hard drive from 2014 and it is slow compared to hard drive nowadays at least from early 2016 and onwards.
It is not an ssd and I think this is the sole reason why it is taking 5 days to get anywhere to being complete with the sync.
Thanks for letting me know it is the hard drive speed which influences the speed of the entire sync process.