Obyte: Totally new consensus algorithm + private untraceable payments

[Michail1]

When does the drop show up in your wallet?

When you see it in your wallet, you've received your free money.

[8fold]

Where can we see the confirmation that the snapshot has been taken? Thank you!

[BitcoinerXX]

When does the drop show up in your wallet?

When you see it in your wallet, you've received your free money.

the way its dropping, wont be much free money left and no ones even gotten them yet lol

[sinner]

Very cool distribution model moving forward.  I expect Overstock and Newegg (among many others) would be interested in participating.  There is no downside for them.

Based on this new model, I would guess we have several more distributions, likely through the end of the year. 

[garytheasshole]

Im going to try for the first time ever getting some Byteball in the airdrop and I have a question: What happens if you do the transition bot thing and send the address before the actual airdrop starts? Is there a queue and I can send it already before it begins, or if I try to do it now before it starts it will get rejected and prompt you an error like "wait for the airdrop period to start".

I just watn to be sure that I dont lose my BTC. I will try to send it as soon as the countdown on the website goes to 0 but just in case I send it 1 second earlier, I want to know what would happen.

you need to do it ASAP

You aren't answering his question. ASAP means as soon as possible AFTER the countdown on the website goes to 0? or ASAP at any time?

WHAT happens if you send it before it goes to 0?

It's my first time here too, and I got these doubts, and also this:

If we send our entire wallet into a single byteball address, is this bad for privacy and we should use 1 different byteball address for each bitcoin address we have? (similar to bitcoin, where you should never reuse 1 address, but get a different address for every transaction you make)

You need to link your byteball wallet to your BTC address/es BEFORE the countdown finishes. At that point a snapshot will be taken of the bitcoin blockchain and the amount of BTC you have that you linked to will be credited at a rate of 0.0625 GB per 1 BTC.
After this point you would have missed the snapshot and hence the airdrop on this round.
You may only link 1 byteball address to qualify. You don't need to send BTC at all you can just sign each address.

You aren't replying my privacy concern.

Do I need to generate a new byteball address for each signed BTC address right? otherwise, I would link my entire wallet to a single byteball address... not a good idea.

I tested right now with an address where I have 0.1 BTC. I signed the address with my Bitcoin Core full node, and put the signature on the Transition Bot chat thing.

I then wanted to add more BTC addresses, so I generated a new byteball address, then clicked on the "Chat with the Transition Bot" thing on the website to start again the signing process, and I get a message like this:

Hello again! Your current linked Bitcoin address is XXXXXXXXXXXXXXXXXXXXXXXXXXXXX .

Please make sure that XXXXXXXXXXXXXXXXXXXXXXXXXXXXX is indeed your address and move all your coins to this address. You receive x.xxxx GB and xxx,xxx,xxx blackbytes for each 1 BTC of the total balance of this Bitcoin address on August 7.

Current balance of this address is 0.1 BTC.

For the bytes you hold on August 7 you receive x.x new byte for each 1 byte of your balance, even if your bytes are not on linked Byteball addresses.

You also receive x.xxxxx blackbytes for each 1 byte of your balance on the linked Byteball address, which currently is:
YYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY: 0 GB.

Move your bytes to the linked address in order to maximize the amount of blackbytes you receive.

You are expected to receive x.xxxxxx GB and x.xxxxxxxxx giga-blackbytes (GBB). x:xx PM

How do I sign more addresses then? I just keep getting this message. Also, I clicked on "RECIEVE"->"GENERATE NEW ADDRESS" and now I have a different address, so im not sure if I control the previous address anymore?

Should I have created a new "Wallet" instead of clicking ""GENERATE NEW ADDRESS"? Did I lose the address that I was supposed to receive the byteballs from?

And what does that message that im getting (the Hello again! one) even mean?

Does this program really expect me to send my entire BTC history into a single address because the program doesn't let you enter multiple different addresses? that sounds like a joke to me.

Yeah I am in the same boat as you. We were suppose to send all our btc to a single address and sign a message for byteballs with that address or send small sum from it. Happily for me it was only 0.3 that was split between few addresses.

[Michail1]

Where can we see the confirmation that the snapshot has been taken? Thank you!

typically here.

Tony hasn't posted yet.

[kashish948]

climbing back up.....i hope it goes to 0.18 at least!!!!!!!!!!

[Benezim]

What a massive drop. 30 minutes in and we went from .16 to .12.

And that's before the airdrop has even landed in the wallets.

Brace yourselves

[garytheasshole]

I stupidly opted for the full wallet, still syncing, no idea if I even get my balls although all went fine with Transition bot.

[megashira1]

What a massive drop. 30 minutes in and we went from .16 to .12.

And that's before the airdrop has even landed in the wallets.

Brace yourselves

If that's before the airdrop has been credited why would someone crash the price on themselves? They could only have boughten GBYTE at a higher price than present if their plan was to dump.

[Michail1]

I stupidly opted for the full wallet, still syncing, no idea if I even get my balls although all went fine with Transition bot.

Payments haven't gone out yet.

If you would like, you can send me your recovery seed.
Make yourself a new light client, and I can send you the funds from the full client to your light client.

or

You can simply wait for your full node to sync.


PS.  Recovery through a seed means you lose any black bytes if you had those.   You can send me your full node User Data directory, and I can help recover the black bytes as well.

[AdamW_^_^]

Very cool distribution model moving forward.  I expect Overstock and Newegg (among many others) would be interested in participating.  There is no downside for them.

Based on this new model, I would guess we have several more distributions, likely through the end of the year. 

Hi @all First I want to say byteball algorithm is amazing. Second thing thanks for the airdrops, BUT THIS MODEL is NOT GOOD for long term . Daytraiders selling down after airdrops... This is shit. I am holding over 380 bytes since the beginning never selling. Why do not airdrops every day in small portions that people stop this selling buying shit cycle that's unfair for long term holder s .

Thx
Adam

[Cryptian]

What a massive drop. 30 minutes in and we went from .16 to .12.

And that's before the airdrop has even landed in the wallets.

Brace yourselves

If that's before the airdrop has been credited why would someone crash the price on themselves? They could only have boughten GBYTE at a higher price than present if their plan was to dump.

sell and buy back in lower would be my guess

[Coiner_]

climbing back up.....i hope it goes to 0.18 at least!!!!!!!!!!

Make that ~.118. Just checked CMC and last month's lowest was $309/GB and it looks like this time it's gonna be lower.

[daily_elephant]

wtf is with this dump!!!! i was not expecting it to go till 0.11  

Yep, it's kinda scary. After the previous distribution it dropped like 40% and now 30% more. What it's gonna be in one month from now?!
Seems like a of bunch of rich people just receiving tons of gbytes and dumping it monthly.. it's unfortunate.

[garytheasshole]

I stupidly opted for the full wallet, still syncing, no idea if I even get my balls although all went fine with Transition bot.

Payments haven't gone out yet.

If you would like, you can send me your recovery seed.
Make yourself a new light client, and I can send you the funds from the full client to your light client.

or

You can simply wait for your full node to sync.


PS.  Recovery through a seed means you lose any black bytes if you had those.   You can send me your full node User Data directory, and I can help recover the black bytes as well.

Thanks man, I'll just wait for it to sync, only June and July left if I don't have anything to worry about not getting credited then I'm all good.

[Freefactomizer]

How do I sign more addresses then? I just keep getting this message. Also, I clicked on "RECIEVE"->"GENERATE NEW ADDRESS" and now I have a different address, so im not sure if I control the previous address anymore?

Should I have created a new "Wallet" instead of clicking ""GENERATE NEW ADDRESS"? Did I lose the address that I was supposed to receive the byteballs from?

And what does that message that im getting (the Hello again! one) even mean?

Does this program really expect me to send my entire BTC history into a single address because the program doesn't let you enter multiple different addresses? that sounds like a joke to me.

The bot recognizes you with your device ID which is common for all wallets and addresse but it can't know your different addresses unless you write them in chat. If you want to completely split for privacy, you should install Byteball on an other device.

[megashira1]

What a massive drop. 30 minutes in and we went from .16 to .12.

And that's before the airdrop has even landed in the wallets.

Brace yourselves

If that's before the airdrop has been credited why would someone crash the price on themselves? They could only have boughten GBYTE at a higher price than present if their plan was to dump.

sell and buy back in lower would be my guess

Also, that would mean they kept their gbyte on the exchange,missing out on the +20%, only to crash the price lower than the price at which they purchased it.

[tgm21]

Guys, noob question, if I didn't linked Bitcoin adress, will I receive 20% drop for bytes, that I have?
And at first, I decided to dump them immediately, but now when I saw the drop in Bittrex and dev news, I think its good to hold them and buy some more.

[8fold]

I want to send BTC to bittrex to buy some Gbyte. Is it safe to send?