Obyte: Totally new consensus algorithm + private untraceable payments

[jwinterm]

BlackBytes received.

One question: if there´s no miners, who earns the transaction fee?

That´s a cool project. The more I read the more I like it. I see the marketcap going x5 within this year. The only thing I don´t get is why list prices in Gigas instead of Megas. Newbies seeing 400USD a coin can perceive it as expensive. 0.4 a coin is easier to promotion.

Is there some way to address it? What thinks Tony about this question?

Tx fees are split:

The fees are collected partially by those who are first to reference your transaction as parent and partially by witnesses.  The former incentivizes referencing the most recent transactions as parents, which results in the DAG growing in one direction only, like the trunk of a tree, and being as narrow as network latency permits.  If new transactions are rare enough, such that all nodes have enough time to sync before a new transaction appears, the DAG will look almost like a chain, with only occasional forks and quick merges.

I think 50/50

re: MB v. GB, it's been discussed ad nauseum in this thread, and I doubt it will change on exchanges. You can set it to show as whatever you want in your wallet tho.

[sailthor]

Thanks for another airdrop. Both byte and blackbytes receives

[kashish948]

do you think byetball will pump? i really need it to pump, i hope tony announced some companies on board for cashback program!

[djuvantebit]

Announcing Byteball for web merchants.

The first payment gateway between web merchant sites and the Byteball network.

With Byteball for web merchants you will be able to accept Byteball payments for any goods or services you sell on the internet. Your website will display a quick Byteball payment button similar to the well known Paypal button. Only one single click on the button is needed by your customer to pay you. It is easy to use, nothing to fill.

In a minute you will be able to be paid in Bytes from mobile or desktop customers holding a Byteball wallet at a minimal cost and effort.

Pure script implementation: nothing to install.

Multi-currency input (Bytes, BTC, EUR, USD) to Bytes output.

Anonymous: you do not need to register with us.

Per sale commission: 1000 Bytes + 0.9% fee

https://byteball-for-merchants.com/

please check :

a bit not in line.

You have to tune the example.html with your own merchant parameters.

Great application of the byteball iinfrastructure, we need more of this, totally thinking in my line

[bobq]

Announcing Byteball for web merchants.

The first payment gateway between web merchant sites and the Byteball network.

With Byteball for web merchants you will be able to accept Byteball payments for any goods or services you sell on the internet. Your website will display a quick Byteball payment button similar to the well known Paypal button. Only one single click on the button is needed by your customer to pay you. It is easy to use, nothing to fill.

In a minute you will be able to be paid in Bytes from mobile or desktop customers holding a Byteball wallet at a minimal cost and effort.

Pure script implementation: nothing to install.

Multi-currency input (Bytes, BTC, EUR, USD) to Bytes output.

Anonymous: you do not need to register with us.

Per sale commission: 1000 Bytes + 0.9% fee

https://byteball-for-merchants.com/

please check :

a bit not in line.

You have to tune the example.html with your own merchant parameters.

Great application of the byteball iinfrastructure, we need more of this, totally thinking in my line

I completely agree! I can't but figure a very bright future for Byteball. I guess soon more people will build more applications on top of Byteball.

[minime0105]

If this merchant system on byteball works out, byteball will really have a nice demand for sure, due to more demand for new users, also because of the new rule of distribution.

[Bitsinmyhead]

Have a lot of Black Bytes to sell if anyone here is interested. Can't figure out the slack trading so not able to sell there.
Have done a lot of deals on this board and can provide references.
Accept Byteballs and BTC, will not sell less than 10 Giga Black Bytes per deal. Please PM me to discuss.

[doremi]

good to know that bitcoin linked address no longer get that much of gbyte in the 9th fullmoon lol

[Denker]

good to know that bitcoin linked address no longer get that much of gbyte in the 9th fullmoon lol

Byteballs you hold will not get that much more new byteballs per distribution either!!
It was extremely reduced in general. From now on using byteballs gets more rewarded than holding it.
And when you linked your BTC adresses pretty early and had some significant amount of BTC you still got enough gbyte to play with on the market.

[clovis A.]

Nearly forgot to thank the Byteball team for Round #8 bytes and bbytes......so, thank you much, tony and company!!

Looking forward to future development and future distro's

[MrChicken1987]

I recently got this error on my android device:

Javascript error: Uncaught Error: null value in {"address":null,"blinding":null}

If I click on ok (only choice) the app closes itself. If I restart the app it just says "Starting the engines..." forever. I can't do anything but swipping between my Byte and Blackbyte balance.

Can someone help me?

I've tried to uninstall the app and reinstall it, but this doesn't change anything. Also, after this reinstallation the app shows the same balance and also the same wallet than before.... Not really an uninstallation IMHO.

Is there a way to delete the Byteball files without root?
Since I have a multidevice-wallet I can send my bytes to the new wallet from another device.

[doremi]

good to know that bitcoin linked address no longer get that much of gbyte in the 9th fullmoon lol

Byteballs you hold will not get that much more new byteballs per distribution either!!
It was extremely reduced in general. From now on using byteballs gets more rewarded than holding it.
And when you linked your BTC adresses pretty early and had some significant amount of BTC you still got enough gbyte to play with on the market.

not that much reduced for byteballs holders actually,it just go back to the same 10% as the previous 2nd to 6th distro

[ByteFan]

What's the purpose to use your service?
There is no added value that would justify the 1000 Bytes + 0.9% fee.

Enable web merchants to get paid in Bytes for goods or services they sell on the internet.
Market will decide.

Does it secure 10% cashback in line with tonych's view on the way of Byteball  moving  towards merchants?

Not yet implemented but it will (20% cashback for payment in bytes).

We are waiting for the technical specs' from Tonych.

[djuvantebit]

good to know that bitcoin linked address no longer get that much of gbyte in the 9th fullmoon lol

Reducing the distribution % from 20% to 10% will not stop the dumping after distribution imo , what byteball ball needs is more applications of the byteball infrastructure to make it mainstream, then the dumper would wish they didn't

[Legendari]

I can't communicate with the chat bot on my every message he responds with "Address linking is paused during distribution. Check again in a few days." When all will be restored?

[doremi]

good to know that bitcoin linked address no longer get that much of gbyte in the 9th fullmoon lol

Reducing the distribution % from 20% to 10% will not stop the dumping after distribution imo , what byteball ball needs is more applications of the byteball infrastructure to make it mainstream, then the dumper would wish they didn't

i do think so,whoever want to dump would dump for this is how people who missed has the chance to get in

[kashish948]

good to know that bitcoin linked address no longer get that much of gbyte in the 9th fullmoon lol

Reducing the distribution % from 20% to 10% will not stop the dumping after distribution imo , what byteball ball needs is more applications of the byteball infrastructure to make it mainstream, then the dumper would wish they didn't

dumping will reduce drastically with the new rules

1. the major dump comes from btc holders and not from byteball holders. this is because it doesnt make any sens for byteball holders to dump the price more than the 20% coins they got. their overall portfolio is then at a loss

2. btc holders airdrop has been reduced to 10% of what that used to be.

3. expect the next dump to be around 4-5% max

4. i would expect a considerable pump in a few days (maybe close to next airdrop) when btc holders start to collect byteballs to get some meaningful amount of coins.

[JamesOng]

good to know that bitcoin linked address no longer get that much of gbyte in the 9th fullmoon lol

Reducing the distribution % from 20% to 10% will not stop the dumping after distribution imo , what byteball ball needs is more applications of the byteball infrastructure to make it mainstream, then the dumper would wish they didn't

dumping will reduce drastically with the new rules

1. the major dump comes from btc holders and not from byteball holders. this is because it doesnt make any sens for byteball holders to dump the price more than the 20% coins they got. their overall portfolio is then at a loss

2. btc holders airdrop has been reduced to 10% of what that used to be.

3. expect the next dump to be around 4-5% max

4. i would expect a considerable pump in a few days (maybe close to next airdrop) when btc holders start to collect byteballs to get some meaningful amount of coins.

Indeed!
simple math:

16 Bitcoin linked you will get 0.1 Gbyte
1 Gbyte you hold will get  0.1Gbyte as well

now look at the price currently on Bittrex then make the decision yourself guys

[ByteFan]

Announcing BEEB - Blackbytes Escrow Exchange Bot.

Instant buy and sell batches of Blackbytes 24h/24h, 7 days a week.
(you don't need to find a peer anymore: the bot is the peer!)

AxV6ohKFORqIGfGqCZgjK1HlL8vBiNltcWWaI0Rc9yN+@byteball.fr/bb#0000

Support: https://byteball.slack.com/ #beeb channel

[Hamliss]

good to know that bitcoin linked address no longer get that much of gbyte in the 9th fullmoon lol

Reducing the distribution % from 20% to 10% will not stop the dumping after distribution imo , what byteball ball needs is more applications of the byteball infrastructure to make it mainstream, then the dumper would wish they didn't

dumping will reduce drastically with the new rules

1. the major dump comes from btc holders and not from byteball holders. this is because it doesnt make any sens for byteball holders to dump the price more than the 20% coins they got. their overall portfolio is then at a loss

2. btc holders airdrop has been reduced to 10% of what that used to be.

3. expect the next dump to be around 4-5% max

4. i would expect a considerable pump in a few days (maybe close to next airdrop) when btc holders start to collect byteballs to get some meaningful amount of coins.

Indeed!
simple math:

16 Bitcoin linked you will get 0.1 Gbyte
1 Gbyte you hold will get  0.1Gbyte as well

now look at the price currently on Bittrex then make the decision yourself guys

That will give people more incentive to buy the Gbyte so the price could rise in the future.