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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1225654 times)
samuraijin
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July 27, 2017, 10:17:35 AM
 #11521

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

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1619126593
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ofergul
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July 27, 2017, 10:24:14 AM
 #11522

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.
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July 27, 2017, 10:29:02 AM
 #11523

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.

My setup is ubuntu virtual machines that running in my windows. I find it more comfortable like that.

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Freefactomizer
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July 27, 2017, 10:35:28 AM
 #11524

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


Look at multi-device wallet, a nice feature implemented natively in Byteball (you don't depend of a possibly bugged smart-contract like in ETH  Angry)
You can create 1 of 2 required signature wallet so your bytes are still spendable even if you lose one device.
You can create 2 of 2 required signature wallet to increase security, an attacker would have to hack your both devices to steal your money.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
ofergul
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July 27, 2017, 10:38:41 AM
 #11525

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.

My setup is ubuntu virtual machines that running in my windows. I find it more comfortable like that.

Yes thats more comfortable actually, im currently thinkg of switching to that. Thank you
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July 27, 2017, 11:01:23 AM
 #11526

We can expect a large price increase after August 1. Then we can expect the infusion of bitcoins into the main alternative cryptocurrencies.
yutyuf8687696
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July 27, 2017, 11:44:40 AM
 #11527

How do i check if i got my BByte last round,my GByte came through as expected.I've got BByte in previous rounds,just not for the last round in July
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July 27, 2017, 11:47:22 AM
 #11528

so has anyone here actually used blackbytes for anything or than selling them yet?
om9
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July 27, 2017, 11:51:10 AM
 #11529

Soon 1 byteball = 1 btc Grin

I doubt it
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July 27, 2017, 12:14:20 PM
 #11530

I doubt it

Will see after the 1st of August.  Cheesy
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July 27, 2017, 12:44:45 PM
 #11531

If the witness is attacked by DDOS, and the 12 witnesses are attacked and unable to issue witness blocks, what shall we do? Does byteball's network stop? Will it be as unsafe as DPOS?
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July 27, 2017, 01:11:18 PM
 #11532

If the witness is attacked by DDOS, and the 12 witnesses are attacked and unable to issue witness blocks, what shall we do? Does byteball's network stop? Will it be as unsafe as DPOS?

Witnesses are likely hidden with TOR so you won't be able to find them even with the complicity of the hub they are connected to. In the case you still managed to find their IP, you would need a huge DDOS power to take all them down since they are hosted all around the world on several networks all having their own DDOS protections.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
wry
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July 27, 2017, 01:21:08 PM
 #11533

so has anyone here actually used blackbytes for anything or than selling them yet?

I asked dooglus to make just-balls so we would have a good place to gamble or invest our byteballs and blackbytes but he didn't seem too excited about the idea!   Tongue

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July 27, 2017, 01:47:57 PM
 #11534

If the witness is attacked by DDOS, and the 12 witnesses are attacked and unable to issue witness blocks, what shall we do? Does byteball's network stop? Will it be as unsafe as DPOS?

Witnesses are likely hidden with TOR so you won't be able to find them even with the complicity of the hub they are connected to. In the case you still managed to find their IP, you would need a huge DDOS power to take all them down since they are hosted all around the world on several networks all having their own DDOS protections.

Is it safer to have 100 witness than just 12? Would more resources (block size) be required if there is more witness?
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July 27, 2017, 02:09:17 PM
 #11535

If the witness is attacked by DDOS, and the 12 witnesses are attacked and unable to issue witness blocks, what shall we do? Does byteball's network stop? Will it be as unsafe as DPOS?

Witnesses are likely hidden with TOR so you won't be able to find them even with the complicity of the hub they are connected to. In the case you still managed to find their IP, you would need a huge DDOS power to take all them down since they are hosted all around the world on several networks all having their own DDOS protections.

Is it safer to have 100 witness than just 12? Would more resources (block size) be required if there is more witness?

The choice of 12 witnesses is explained in whitepaper:

Quote
We require that the number of witnesses is exactly 12. This number 12 was selected because:
• it is sufficiently large to protect against the occasional failures of a few witnesses (they might prove dishonest, or be hacked, or go offline for a long time, or lose their private keys and go offline forever)
•it is sufficiently small that humans can keep track of all the witnesses to know who is who and change the list when necessary
•the oneallowed mutation is sufficiently small compared with the 11 unchanged witnesses.

100 witnesses would require too much much work for an individual to investigate about each witness and determinate if he can be trusted or not.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
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July 27, 2017, 03:10:44 PM
 #11536

100 witnesses would require too much much work for an individual to investigate about each witness and determinate if he can be trusted or not.

the more witnesses - the slower the network, the speed of the txs is the main reason to build the network with (limited amount of) trusted nodes/witnesses
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July 27, 2017, 03:13:12 PM
 #11537

I have tried to install Byteball on an old computer with Windows XP, but it doesn't run since there seems to be only the 64 bit version. Is there any 32 bit version i'vre missed or an older realease? I need it for a multisig wallet for added security.

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July 27, 2017, 03:14:19 PM
 #11538

this is profitable for bitcoin holders.
nice and diffrent concept.
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July 27, 2017, 03:18:48 PM
 #11539

I have tried to install Byteball on an old computer with Windows XP, but it doesn't run since there seems to be only the 64 bit version. Is there any 32 bit version i'vre missed or an older realease? I need it for a multisig wallet for added security.

Same URL as 64 bits version, just change 64 for 32:
https://github.com/byteball/byteball/releases/download/v1.9.3/Byteball-win32.exe

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
Searing
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July 27, 2017, 04:19:19 PM
 #11540

on byteball

where it this litewallet you speak of ..I can only find the 64 bit windows 10 version? on the OP page


link please?



(also weird ..this is the only thread I can't quote from on all my years/threads on bitcointalk....even after doing watch/unwatch reboot)

(me thinks byteball hates me) Sad

As an aside this same machine can get a fresh install of bitcoin core and litecoin core in 9 days...still sucks but better then the 3 weeks I've
been trying to get this to work

v1.9.3

anyway just need the litewallet link 






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