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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1224215 times)
amacar1
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August 16, 2017, 08:19:35 PM
 #12741

Lol sorry my bad  Cheesy

I mean:
You have 3 wallets each with 5GB, then you get 5*0.1 + 5*0.1 + 5*0.1 = 1.5GB
You have 1 wallet with 15GB then you get 15*0.1 = 1.5 GB

So it is the same.
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sirazimuth
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August 16, 2017, 09:23:54 PM
 #12742

...

I see, but what about the distribution %?

If it gets divided across different wallets, will I receive less byteballs compared to holding them all on the same wallet, or you receive byteballs for the sum of all the wallets?

If you create another wallet and receive money and you have no 2 wallets, the number that shows up will show the total amount of byteballs of all wallets or individually when you select a wallet?
Can you do some math?

You have 3 wallets each with 5GB, then you get 5*0.1 + 5*0.1 + 5*0.1 = 0.15GB
You have 1 wallet with 15GB then you get 15*0.1 = 0.15 GB

So it is the same.

lol 5*0.1=0.5 GB
15*0.1=1.5 GB

What's funny here? amacar1 all correctly wrote, and you just only copied after him

no dude...

p2p didn’t copy after him.
he correctly pointed out the decimal error.
ok, so maybe not so funny, but your post is, lol...

Bitcoin...the future of all monetary transactions...and always will be
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August 16, 2017, 09:43:40 PM
 #12743

Lol sorry my bad  Cheesy

I mean:
You have 3 wallets each with 5GB, then you get 5*0.1 + 5*0.1 + 5*0.1 = 1.5GB
You have 1 wallet with 15GB then you get 15*0.1 = 1.5 GB

So it is the same.

Sheesh... We are debating the associative property of multiplication here.
Bottom line - it doesn't matter how your coins are split in your wallet.


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neurotypical
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August 16, 2017, 11:26:04 PM
Last edit: August 16, 2017, 11:43:00 PM by neurotypical
 #12744

Lol sorry my bad  Cheesy

I mean:
You have 3 wallets each with 5GB, then you get 5*0.1 + 5*0.1 + 5*0.1 = 1.5GB
You have 1 wallet with 15GB then you get 15*0.1 = 1.5 GB

So it is the same.

Sheesh... We are debating the associative property of multiplication here.
Bottom line - it doesn't matter how your coins are split in your wallet.

Apparently im not the one only that can't do math here Tongue

Anyway, I will keep generating new coins and when I run out of new addresses (by the way, the wallet should prompt you that the new generated addresses after number 20 will be the same that have already been generated...) I will keep making new wallets until I have one byteball address for reach BTC address, that will take a while buts ideal privacy.

My question remains: Once I have several wallets, this number right here (the one that says 100,000 bytes) shows only the holdings of the selected wallet



how do I check the total amount of GB and blackbytes on all wallets?

also is there a limit of wallets you can create? (hopefully not..?)

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August 17, 2017, 02:44:14 AM
 #12745

too late to know the byteball ,it is owsome , i must catch up , learn how to get free coins

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byteball3r
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August 17, 2017, 03:40:10 AM
 #12746

[reminder]

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

To pair with Beeb. In your wallet top left menu "PAIRED DEVICE" then "+ Add a new device" then paste the above cryptic address in "Accept invitation" and validate.

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




I would use the service but imo the price is too high and the liquidity too low. I was thinking more like the range of 10+ GBB at .01-.02 GB per GBB
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August 17, 2017, 04:54:31 AM
 #12747

[reminder]

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

To pair with Beeb. In your wallet top left menu "PAIRED DEVICE" then "+ Add a new device" then paste the above cryptic address in "Accept invitation" and validate.

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




I would use the service but imo the price is too high and the liquidity too low. I was thinking more like the range of 10+ GBB at .01-.02 GB per GBB

The bot is only one week old. As more people will use it, the liquidity will improve. The price is... the price the sellers whishe to sell.

FYI you can be notified by the bot when a price meets your target buy price (use the 'N' command).

Byteball payment gateway for web merchants https://byteball-for-merchants.com/ - BEEB  (Blackbytes Exchange Bot): https://www.beeb-bot.com/ (closed)
Network map, stats, Top Richests and Byteball world map at https://byteball.fr/ (closed) - Hub operator featuring the cashback witness https://byteball-cashback-witness.com (closed)
ofergul
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August 17, 2017, 05:24:12 AM
 #12748

[reminder]

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

To pair with Beeb. In your wallet top left menu "PAIRED DEVICE" then "+ Add a new device" then paste the above cryptic address in "Accept invitation" and validate.

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




wow great bot, i will use it when there is enough liquity
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August 17, 2017, 06:19:31 AM
 #12749

My question remains: Once I have several wallets, this number right here (the one that says 100,000 bytes) shows only the holdings of the selected wallet
how do I check the total amount of GB and blackbytes on all wallets?
GB you can check in http://explorer.byteball.org/, for blackbytes you'll need to check each individual wallet. And, after receiving them, you'll need to create a new backup.

Quote
also is there a limit of wallets you can create? (hopefully not..?)
No.

But since you're into privacy for 60 different addresses: how would you ever use the bytes? Sending them to the same address once again links them together.

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August 17, 2017, 07:02:47 AM
 #12750

If blackbytes cannot be traced, how can they not be tampered with? I meen people can inject false blackbytes into the system, and noone will know if it's a fraud? or?
ico_reviews
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August 17, 2017, 07:38:26 AM
 #12751

See our ICO review of Byteball - https://coins.best/ico-reviews/byteball/
Any kind of feedback is welcome - feel free to comment on the review itself
LoyceV
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August 17, 2017, 07:53:19 AM
 #12752

If blackbytes cannot be traced, how can they not be tampered with? I meen people can inject false blackbytes into the system, and noone will know if it's a fraud? or?
Read this (or that whole thread), it explains it very nicely:
So if I understand correctly, the public block chain is just a "bag of hashes" which cannot be verified or anything by any node or miner.  It is just a block chain of "data".  These data only have meaning for the people receiving "banknote files", which allows them to check the validity of the whole "banknote".  The hashes are in fact nothing else but hashes of "signed transactions", like with bitcoin, except that only the *signature hash* goes on the public block chain, and the actual transaction data remain on the individual banknote file.  Is that the gist ?  In fact, you need, as you say, TWO signatures (or hashes of signatures): one is the transaction signature (including the new beneficiary) and the other is the "spend" signature of simply the previous output.  The first signature (spending signature) makes that you cannot do double spending any more (you have invalidated the file up to the point where you transmit it), and the second signature allows the receiver to have a valid "new address" that he can spend (and only he, because only he has the secret key that goes with it like on bitcoin).

This is indeed a very, very good idea !

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Lead generation one-stop shop platform powered AI


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August 17, 2017, 08:20:53 AM
 #12753

Guys, where can I find new rules for the distribution of coins? If I'm not mistaken, you can use your Bank card and get a cashback of 10% due to GB. Is that so?

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August 17, 2017, 08:51:30 AM
 #12754

See our ICO review of Byteball - https://coins.best/ico-reviews/byteball/
Any kind of feedback is welcome - feel free to comment on the review itself


Nice! However the distribution timeline is inaccurate:

Start Time   7-August-2017 @ 18:10 UTC
End Time   N/A (end of day).

Byteball payment gateway for web merchants https://byteball-for-merchants.com/ - BEEB  (Blackbytes Exchange Bot): https://www.beeb-bot.com/ (closed)
Network map, stats, Top Richests and Byteball world map at https://byteball.fr/ (closed) - Hub operator featuring the cashback witness https://byteball-cashback-witness.com (closed)
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August 17, 2017, 10:04:58 AM
 #12755

I've read few past pages, but didn't see any info. Is there any info about how many aidrop events there will be? Something like 5-8? It's really important for investors who are thinking about byteball purchase right now (they will get some extra profit every month Smiley )

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August 17, 2017, 12:56:38 PM
 #12756

I've read few past pages, but didn't see any info. Is there any info about how many aidrop events there will be? Something like 5-8? It's really important for investors who are thinking about byteball purchase right now (they will get some extra profit every month Smiley )

It is still to be determined, because airdrop volumes depend on how many BTC and GBYTE is linked using the transition bot. There have already been 8 rounds, about 1 every month (every full moon), and there will be a few more, at the current coverage the bot, I would expect 4, maybe 5 more rounds before it's complete.
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August 17, 2017, 01:13:08 PM
 #12757

When is the distribution date for the next byte all distribution? Want to get more involved with byteball i
Hold a lil but need to stack up
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August 17, 2017, 01:37:19 PM
 #12758

When is the distribution date for the next byte all distribution? Want to get more involved with byteball i
Hold a lil but need to stack up

Next is september 6. at a rate of 10 percent on your gb holdings
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August 17, 2017, 03:41:43 PM
 #12759

I've read few past pages, but didn't see any info. Is there any info about how many aidrop events there will be? Something like 5-8? It's really important for investors who are thinking about byteball purchase right now (they will get some extra profit every month Smiley )

It is still to be determined, because airdrop volumes depend on how many BTC and GBYTE is linked using the transition bot. There have already been 8 rounds, about 1 every month (every full moon), and there will be a few more, at the current coverage the bot, I would expect 4, maybe 5 more rounds before it's complete.

Thanks for your answer! I'm surprised dev didn't set lower BTC ratio earlier. We had some crazy last rounds with record BTC amounts linked...

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August 17, 2017, 04:12:16 PM
 #12760

[reminder]

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!)

Trading on BEEB is anonymous.


AxV6ohKFORqIGfGqCZgjK1HlL8vBiNltcWWaI0Rc9yN+@byteball.fr/bb#0000

To pair with Beeb. In your wallet top left menu "PAIRED DEVICE" then "+ Add a new device" then paste the above cryptic address in "Accept invitation" and validate.

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




Byteball payment gateway for web merchants https://byteball-for-merchants.com/ - BEEB  (Blackbytes Exchange Bot): https://www.beeb-bot.com/ (closed)
Network map, stats, Top Richests and Byteball world map at https://byteball.fr/ (closed) - Hub operator featuring the cashback witness https://byteball-cashback-witness.com (closed)
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