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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1224233 times)
ali50
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August 15, 2017, 02:40:30 PM
 #12701

you earn free money if you hold byteball, so this is happen by itself  Cheesy
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August 15, 2017, 03:09:23 PM
 #12702

I want to make a suggestion for the developers. Please, make a section in the wallet that lists all the receiving addresses generated.

Right now when I click on the generate address button, it creates the QR code, the new address, but the previous QR code and address disappear (even if I still own it)

I want to keep track, something like this on Bitcoin Core:



I want to bring this up again because im really confused at the way Byteball wallet works and how it deals with recieving addresses.

Why isn't there a way to keep track of all the receiving addresses that you generated? they just overlap each other when you create a new one, they don't get saved anywhere or at least I can't find the place where all the receiving addresses that I ever generated are at...

I also want someone to explain me what is the FINAL total supply after all the Byteballs are distributed. And also, for how long there will be a distribution going?

Can someone draw a graph of how the inflation levels look like on this coin?
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August 15, 2017, 03:16:51 PM
 #12703

Click on this:


then advanced->wallet information, at the bottom all your byteball addresses are listed.

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August 15, 2017, 03:18:14 PM
 #12704


I also want someone to explain me what is the FINAL total supply after all the Byteballs are distributed. And also, for how long there will be a distribution going?

Can someone draw a graph of how the inflation levels look like on this coin?


dunno about the address bit.

all gbyte already exists. there is no inflation. it has to be distributed still. it's about halfway there.

i assume the distribution will continue changing if better ideas come along so there's no guaranteed end.
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August 15, 2017, 03:36:47 PM
 #12705

I didn't buy any GB all bytes i posses i received just by linking btc
cool
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August 15, 2017, 03:55:44 PM
 #12706

Hey all. we need your help

Please visit link and vote to add Gbyte to shapeshift.


Link @ https://shapeshift.zendesk.com/hc/en-us/community/posts/115000497510-ADD-REQUEST-Byteball-Symbol-GBYTE-

To get things going just follow from drawing bellow

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August 15, 2017, 04:21:07 PM
 #12707

Hey all. we need your help
Please visit link and vote to add Gbyte to shapeshift.
Done Smiley
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August 15, 2017, 04:25:09 PM
 #12708

 the software updata no matter what vision, A full backup that was backed up with the original version, restore at any newest wallet vision is work?
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August 15, 2017, 06:10:07 PM
 #12709

Click on this:


then advanced->wallet information, at the bottom all your byteball addresses are listed.

Thanks, it's good to know that there's a way to keep track of all your recieving addresses, otherwise it would be a mess. I will try later once I get back home.


I also want someone to explain me what is the FINAL total supply after all the Byteballs are distributed. And also, for how long there will be a distribution going?

Can someone draw a graph of how the inflation levels look like on this coin?


dunno about the address bit.

all gbyte already exists. there is no inflation. it has to be distributed still. it's about halfway there.

i assume the distribution will continue changing if better ideas come along so there's no guaranteed end.

But I assume the earlier you get the more coins you get right?

I see a % of distributed coins that keeps increasing:



Quote
    2nd round on Feb 11, 2017: 121,763 BTC linked, 1.8% distributed;
    3rd round on Mar 12, 2017: 129,139 BTC linked, 2.0% distributed;
    4th round on Apr 11, 2017: 145,441 BTC linked, 2.3% distributed;
    5th round on May 10, 2017: 207,672 BTC linked, 2.9% distributed;
    6th round on Jun 9, 2017: 453,621 BTC linked, 6.6% distributed;
    7th round on Jul 9, 2017: 949,004 BTC linked, 11.0% distributed.
    8th round on Aug 7, 2017: 1,395,899 BTC linked, 16.0% distributed.


So this doesn't look like it benefits early adopters, unless you where in the first distribution where they released 10% at once

Quote
The first distribution round took place on Dec 25, 2016 when the network launched, over 70,000 BTC was linked, and 10% of the total supply of bytes and blackbytes was distributed. In the subsequent rounds, the total distributed supply reached 52.6%:

I see that you get some % depending on how much you are holding tho

Quote
The rest of the distribution is split into multiple rounds and in each round holders of BTC and Bytes are rewarded. The amounts you receive are proportional to your proven balances in BTC and Bytes on the next distribution date:

    For every 16 BTC you receive 0.1 GB (1 gigabyte = 1 billion bytes),
    For every 1 GB you receive additional 0.1 GB.

I don't know, it seems a bit complicated compared to the simple approach of bitcoin where it's a predictable curve.


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August 15, 2017, 06:59:08 PM
 #12710

When I try to send Blackbytes from my Android wallet it says Syncing forever without sending any.

Is it a known issue?
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August 15, 2017, 07:13:56 PM
 #12711

stop your bullshit! we all know that the last two airdrops had screw the Gbyte price. It only served(as well as Bitcoin cash) to pump the bitcoin price.

Gballs was a cool boat floating in the ocean. We enter now in the submarine mode and Gballs is heading to tha abyss. Don't expect to see that shit at 0.3 anytime soon.
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August 15, 2017, 10:38:36 PM
 #12712

It only served(as well as Bitcoin cash) to pump the bitcoin price.
And to simultaneously solve almost every single major problem with crypto, but I guess that doesn't matter if you enjoy commenting on things you know nothing about.
I don't know, it seems a bit complicated compared to the simple approach of bitcoin where it's a predictable curve.
Byteball's approach is to get through to as many different people as possible.  That means using the market which has already matured the most (Bitcoin) to try and distribute as well as easily possible.

The difference between BTC and Byteball here is that in BTC, it's the block reward for mining.  In Byteball there is no mining, and transactions are verified in a somewhat centralised manner using democratically elected "witnesses".  All bytes already exist, and the challenge is simply finding the best way to distribute them.  So there is no guarantee of exactly what will happen in all of the future rounds, but I consider it unlikely that there will be more coins to distribute in a year's time.


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August 15, 2017, 11:11:52 PM
 #12713

I really like byteball for the speed and the working wallet. iota wallet is shit compared to byteball

Bitrated user: kentokyo.
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August 15, 2017, 11:32:52 PM
 #12714

When I try to send Blackbytes from my Android wallet it says Syncing forever without sending any.

Is it a known issue?

I have seen this when trying to send all blackbytes.   Meaning, it is made up of a lot of 'messages'.   Try sending a smaller amount.

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August 15, 2017, 11:37:43 PM
 #12715

Click on this:


then advanced->wallet information, at the bottom all your byteball addresses are listed.

I just saw that I had to click on advanced to bring up the additional options. I think this is not really an advanced feature, it should be reachable easier imo. I think people like to keep track of all the addresses they have to receive payments in a nice and ordered way. Even if you should generate a new address each time for better privacy, it's good to keep track of them, and newbies may be confused than this is an advanced feature IMO.
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August 15, 2017, 11:38:26 PM
 #12716

Can anyone confirm how Windows backups and restore works? Just copy the %LOCALAPPDATA%\byteball -folder to the new computer at the same location, install Byteball wallet, and I should see my balances?

Btw, new website is very cool!

Isn't anybody tried to recover wallet? I have Light wallet, and need to move my wallet to new computer.

If you still have accesso to old wallet it is easier for you to install a new wallet on the new computer and to transfer the asset. Otherways you can use the full backup, if you have made it.

Ok, thank you. I have of course full backup in a safe place. I try to install new wallet and recover it with my backup. Let's see if that's really that easy. I had Light wallet and going to install that again.

Is is that the case that, if I want to backup/recover assets with passphrase(except untraceable ones ie. blackbytes), I need to use full wallet at all times?

You don't need to uninstall/install the application.  You can rename the folder which the actual wallet is in.   This is one way of having multiple wallets, etc.  Always a good idea to backup the directory AND the wallet itself

Simply doing a Full Backup on one computer and then a Full Restore on another computer is all you need.  This even works across platforms.
This works for light and full node backups.  Only exception is that you can't do a full restore of a full node on an android.

You can do a full backup and restore.  It will also recover the blackbytes from the time of the backup.  If more blackbytes were received (or spent) on a computer, then you need to rebackup else it causes problems (and possible loss/overstatement) when restoring on the new computer.  Regular bytes is no problem.

You mentioned 'full wallet', but I think you meant 'full node'.   No, restoring doesn't require a full node; however, a restore from SEED requires a full node.

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August 15, 2017, 11:46:41 PM
 #12717

I just saw that I had to click on advanced to bring up the additional options. I think this is not really an advanced feature, it should be reachable easier imo. I think people like to keep track of all the addresses they have to receive payments in a nice and ordered way. Even if you should generate a new address each time for better privacy, it's good to keep track of them, and newbies may be confused than this is an advanced feature IMO.

Why would any regular person want to see old receive addresses?   Bitcoin doesn't do this by default either.

Click on Receive and you see an address.  You can click on Generate New Address at will.
I think that blasting a screen with a lot of receive and change addresses would simply confuse most people.  I think for this reason, no wallet (that I know of) floods the screen with such addresses for any crypto by default.


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August 16, 2017, 03:08:54 AM
 #12718

I really like byteball for the speed and the working wallet. iota wallet is shit compared to byteball

Have to agree with this. I have some Byteball and IOTA. I prefer Byteball.
Much more user friendly.
I think the gap in the market caps will start to close soon.

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August 16, 2017, 06:21:38 AM
 #12719

I really like byteball for the speed and the working wallet. iota wallet is shit compared to byteball

Have to agree with this. I have some Byteball and IOTA. I prefer Byteball.
Much more user friendly.
I think the gap in the market caps will start to close soon.


Also Byteball has much bigger and active community, people working on stuff for the Byteball platform. Take dagcoin for example.

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August 16, 2017, 06:56:55 AM
 #12720

Click on this:


then advanced->wallet information, at the bottom all your byteball addresses are listed.

I just saw that I had to click on advanced to bring up the additional options. I think this is not really an advanced feature, it should be reachable easier imo.
I love the suggestion to make it more like Bitcoin Core: for instance, I would like to give a label to sending and receiving addresses.
Another suggestion: it would be very nice to be able to find someone in Chat by using a custom name, like Skype does. Instead of showing: A8JlWkrGQd9XxG7VPAtyWs2uzVuVqMlJOBpu8rusG8v0@byteball.org/bb#8xKKnk399Pi7 , wouldn't it be nice if I can register "LoyceV", and connecting to "LoyceV" is enough to get a pairing code?
Of course, this would be on a first-come-first-serve basis, like any nickname.

Why would any regular person want to see old receive addresses?
For example: if you're waiting for payments from 5 different persons, it's really nice to see which address gets funded. Having an overview is easier than checking 5 different chats.

Quote
Bitcoin doesn't do this by default either.
Bitcoin Core: File > Receiving Addresses: Addresses and Labels. A screenshot was shown earlier in the thread:
I want to keep track, something like this on Bitcoin Core:



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