Obyte: Totally new consensus algorithm + private untraceable payments

[o0o0]

One technical question: Every wallet that we create inside the Byteball app has its own new private keyes, or there is one only private key for the app, this means for all the wallets ?

We use BIP44, there is one root key per app, and all wallet keys are derived from it.  The derivation paths are:

m/44'/0'/a'/c/i

where

a is the wallet number: 0 for the first (small expenses) wallet, 1 for the next wallet, etc
c is 0 for receiving addresses, 1 for change addresses
i is address index

tony any thought of having automated wallet updates in future versions? still people getting issues that are versions behind. theres already a prompt for new version available but for those less tech minded an auto update would be great

[btc_rocks_7070]

free btc haha this is good ill link mine

[sprinkles]

Is there any update on how many BTC are linked this month compared to last month's total?
Surely it's going to be a new record this full moon.

[evanuz]

Is there any update on how many BTC are linked this month compared to last month's total?
Surely it's going to be a new record this full moon.

According to official webpage:

https://byteball.org/
7th round on Jul 9, 2017: 949,004 BTC linked, 11.0% distributed.

And right now on the distribution page:

http://transition.byteball.org/
858,129.67596268 BTC


So far its less than last dist but we still have some days

[jjacob]

Now it is more profitable to buy and keep GB (+ 20%) than to keep bitcoin (0.0625GB). The price is good.

If you are talking about the airdrop, there usually is a dip in the price after the airdrop. It is foolish to assume that the price will be constant and take decisions based on that.

[ekoja]

The price continues to crash. Wise people may be selling to secure Bitcoin Cash before 1AUG17.

Why the price of Byteball is linked to BCC?

[HCP]

It isn't directly linked... jjacob is theorising that people are cashing out their GBYTEs for BTC so that they can get more BCC on August 1st... The sell-off of GBYTE is driving the price down due to simple supply and demand economics.

[bitcoinuserz]

Hello guys, I need someone who is knowledgeable for finding and resyncing byteball wallet on android. My android phone is broken and I took found the org.byteball.wallet folder inside. I want to resync the wallet onto other android. Anyone who could be of great help doing this operation, I will personally give out ~$1,000 bounty in byteball. Please give me PM

[Searing]

Well my byteball wallet has taken like  3 weeks since the last drop to get to 7/10/17....it is now doing ONE day PER day

gonna be damn hard to catch the wallet up at that rate

suggestions....

it seems to work ok..I put in the latest wallet up grade... I have a buddy that also did this last drop and he also is in my boat

so...it is damn hard to spend byteball...if you can never get the wallet updated before the next drop

suggestions

I have an I7 laptop 8gb ram......windows 10......and it runs 24 hrs on this thing.. I have a 60mbps cable..with no background downloads etc

er confused

thanks

brad

[Route69]

Your wallet still loading for 7 days already! Or i do something wrong?

[Friladon]

I just learned about Byteball and it's drop.

This 8 round will be my first and since I think it's a great way for an honest distribution I will be holding on to it!

Remember folks!
The 8th round is scheduled for the full moon of August (Aug 7, 2017 at 18:10 UTC)

[o0o0]

Well my byteball wallet has taken like  3 weeks since the last drop to get to 7/10/17....it is now doing ONE day PER day

gonna be damn hard to catch the wallet up at that rate

suggestions....

it seems to work ok..I put in the latest wallet up grade... I have a buddy that also did this last drop and he also is in my boat

so...it is damn hard to spend byteball...if you can never get the wallet updated before the next drop

suggestions

I have an I7 laptop 8gb ram......windows 10......and it runs 24 hrs on this thing.. I have a 60mbps cable..with no background downloads etc

er confused

thanks

brad

ssd hdd and hispeed net? im betting you have a mechanical hdd and its queue for operation is maxed. use the light wallet or get an ssd

[mikhael]

You wallet still loading for 7 days already! Or i do something wrong?

Probably there is something wrong with your wallet installation. Try uninstalling your previously installed byteball wallet, download and install the latest version.

[pwpwpw]

Well my byteball wallet has taken like  3 weeks since the last drop to get to 7/10/17....it is now doing ONE day PER day

gonna be damn hard to catch the wallet up at that rate

suggestions....

it seems to work ok..I put in the latest wallet up grade... I have a buddy that also did this last drop and he also is in my boat

so...it is damn hard to spend byteball...if you can never get the wallet updated before the next drop

suggestions

I have an I7 laptop 8gb ram......windows 10......and it runs 24 hrs on this thing.. I have a 60mbps cable..with no background downloads etc

er confused

thanks

brad

ssd hdd and hispeed net? im betting you have a mechanical hdd and its queue for operation is maxed. use the light wallet or get an ssd

You have no place in the crypto world without a fast SSD, you would never sync up the bitcoin chain in your life with a HDD. I'm syncing right now with 500GB Samsung SSD and it goes up to 35% load, which is huge for SSDs, when a normal HDD is shitting itself at 100% use, an SSD barely moves up to 5-10% so therefor 35% for an SSD would mean the power of 3-4 HDDs together (in terms of I/O, in terms of MB/s it's 4-5MB read, 8MB write). I just synced up and measured exactly 4days of DAG, it took 23 minutes, so roughly 5-6 minutes for a day of DAG now (while having 50 tabs open and some videos playing), the CPU was at 35% or less.  Hardware: I5 2500k, 16GB ram (does not matter if you have 16 or 4 for byteball, but you won't open 50tabs with 4GB), 500GB Samsung evo 850, 100Mbit connection (used about 2Mbit for byteball sync).

tonych, you should edit the main announcement to include this : "DO NOT DOWNLOAD THE FULL WALLET IF YOU DON'T HAVE A FAST SSD AND PATIENCE" because soon half of this thread will be people whining about sync time without even understanding how a hard disk works. I would put this warning on the top of the page with RED

[Freefactomizer]

You have no place in the crypto world without a fast SSD, you would never sync up the bitcoin chain in your life with a HDD.

You're exagerating a bit.
I synced BTC chain with an old HDD laptop in less than 1 week.
I run 2 full Byteball nodes on a HDD dedicated server and it's fine.
It looks like Searing got another problem.

[ofergul]

are there any guide for witness installition, so that i can earn from the network, i tried to install but not transaction fees are coming my way.

[pwpwpw]

You have no place in the crypto world without a fast SSD, you would never sync up the bitcoin chain in your life with a HDD.

You're exagerating a bit.
I synced BTC chain with an old HDD laptop in less than 1 week.
I run 2 full Byteball nodes on a HDD dedicated server and it's fine.
It looks like Searing got another problem.

Right now it took my PC 5-6 minutes for a day of DAG, HDD is at least 10x slower than SSD (and 100x less 1kb or less I/O) so if the DAG will continue to grow in this pace, it will take an hour for every day of DAG, that's 1day sync time for 24 days of DAG using an HDD, good luck syncing up a full node next year with an HDD If you must use HDD, make sure it is not your OS drive because that's when it gets seriously slow, HDDs cannot deal with many operations at once. Also laptops usually have only 1 drive, so if that's not an SSD then it's a nightmare to sync up any blockchain/dag.

Ofc once you synced up, it can easily handle being a full node.

[Freefactomizer]

You have no place in the crypto world without a fast SSD, you would never sync up the bitcoin chain in your life with a HDD.

You're exagerating a bit.
I synced BTC chain with an old HDD laptop in less than 1 week.
I run 2 full Byteball nodes on a HDD dedicated server and it's fine.
It looks like Searing got another problem.

Right now it took my PC 5-6 minutes for a day of DAG, HDD is at least 10x slower than SSD (and 100x less 1kb or less I/O) so if the DAG will continue to grow in this pace, it will take an hour for every day of DAG, that's 1day sync time for 24 days of DAG using an HDD, good luck syncing up a full node next year with an HDD If you must use HDD, make sure it is not your OS drive because that's when it gets seriously slow, HDDs cannot deal with many operations at once. Also laptops usually have only 1 drive, so if that's not an SSD then it's a nightmare to sync up any blockchain/dag.

Ofc once you synced up, it can easily handle being a full node.

I stay with HDD for my full nodes cause with more space available they make Byteball network more resistant to a spam attack.
I agree it will be hard to sync a new Byteball full node in future but there will be solutions. There is still some room for DB optimisation and we can imagine the witnesses attesting a DB backup available for download so you wouldn't have to check all the DAG to set up a new full node.

[samuraijin]

I still hold the bag for the byteball on the trading site, I think I am still worried about losing money in the wallet, I want to keep it in my wallet but worried about losing it because of my mistake not storing backups of my wallet

[ofergul]

I still hold the bag for the byteball on the trading site, I think I am still worried about losing money in the wallet, I want to keep it in my wallet but worried about losing it because of my mistake not storing backups of my wallet

if you dont hold your byteball s at local Wallet you cant get %20 extra every month, i think you should install an ubuntu next to your windows and install wallet there and use Ubuntu only for byteball, thats how i use it.