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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1236366 times)
afbitcoins
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September 11, 2017, 12:31:05 PM
 #13601

Noobish question but how does the exchange bot work? Say I want to buy some gbyte with bitcoin. How do i 'deposit' my bitcoin into the bot? I'm not used to decentralised exchanges and would like to understand more
memii
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September 11, 2017, 12:39:46 PM
 #13602

I like more and more cool features are being added as bots to perform transactions. Chatbots are next big thing which will create hype and demand for these will be on the increase. I have made couple of transactions using bot and it was impressive. Future looks great for byteball project seeing the work being done.
Karartma1
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September 11, 2017, 03:22:48 PM
 #13603

Price moving again. Hopefully to its way up.
Got all my GBB and used them for the first time. They are pretty cool
sinner
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September 11, 2017, 05:27:34 PM
 #13604

why is CMC listing Byteball as Byteball Bytes?  it sounds better as just Byteball.
amacar1
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September 11, 2017, 05:30:43 PM
 #13605

why is CMC listing Byteball as Byteball Bytes?  it sounds better as just Byteball.
As tonych said, byteball is platform, bytes is currency. I believe that he wrote to CMC.
LoyceV
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September 11, 2017, 06:25:08 PM
 #13606

why is CMC listing Byteball as Byteball Bytes?  it sounds better as just Byteball.
This gives potential to add Byteball Blackbytes and other Tokens later.

¡uʍop ǝpᴉsdn pɐǝɥ ɹnoʎ ɥʇᴉʍ ʎuunɟ ʞool no⅄
MrPuffnStuff
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September 11, 2017, 08:46:36 PM
 #13607

Was hoping someone could help me figure out how to send Bytes from my light wallet account to my Bittrex Account.  I've send a few tests of 1GBYTE to Bittrex, my light wallet shows it in my history but days have gone by and nothing has happened.  I still have my original balance on the wallet so haven't lost any bytes, but really want to get some into my trading account, any help would be greatly appreciated!!
Freefactomizer
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September 11, 2017, 09:06:53 PM
Last edit: September 11, 2017, 09:35:27 PM by Freefactomizer
 #13608

Was hoping someone could help me figure out how to send Bytes from my light wallet account to my Bittrex Account.  I've send a few tests of 1GBYTE to Bittrex, my light wallet shows it in my history but days have gone by and nothing has happened.  I still have my original balance on the wallet so haven't lost any bytes, but really want to get some into my trading account, any help would be greatly appreciated!!

Are you sure you sent 1 GB and not only 1 byte ?

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MrPuffnStuff
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September 11, 2017, 09:13:31 PM
 #13609

Was hoping someone could help me figure out how to send Bytes from my light wallet account to my Bittrex Account.  I've send a few tests of 1GBYTE to Bittrex, my light wallet shows it in my history but days have gone by and nothing has happened.  I still have my original balance on the wallet so haven't lost any bytes, but really want to get some into my trading account, any help would be greatly appreciated!!

Are you sure you sent 1 GBB and not only 1 byte ?

Son of a bitch, you're totally right and I'm a little embarrassed thank you for the assistance sir!!
valr
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September 11, 2017, 10:14:40 PM
 #13610

Was hoping someone could help me figure out how to send Bytes from my light wallet account to my Bittrex Account.  I've send a few tests of 1GBYTE to Bittrex, my light wallet shows it in my history but days have gone by and nothing has happened.  I still have my original balance on the wallet so haven't lost any bytes, but really want to get some into my trading account, any help would be greatly appreciated!!

Are you sure you sent 1 GBB and not only 1 byte ?

Son of a bitch, you're totally right and I'm a little embarrassed thank you for the assistance sir!!

Haha, change the Unit for bytes/blackbytes in your wallet settings to GB/GBB to avoid this confusion in the future. It is much easier to transact since most exchanges trade GB (except for the chat bots in the wallet).
afbitcoins
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September 11, 2017, 10:24:11 PM
 #13611

Noobish question but how does the exchange bot work? Say I want to buy some gbyte with bitcoin. How do i 'deposit' my bitcoin into the bot? I'm not used to decentralised exchanges and would like to understand more

Well I took the plunge and put an order using the exchange bot (byte-BTC). I'd like to know a bit more about the inner workings, if anyone can provide a link or something would appreciate.  In any case, to use is quite simple you put in a buy order and then it gives you a bitcoin address to fund. I assume it is trustworthy? Once that receives two confirmations your order is added to the book. I'm not sure why there is a limit of 0.2 BTC ? Sometimes might be nice to go higher than that. There doesn't appear to be much volume or liquidity to speak of but hopefully that might improve in time.

In general I think bytecoin could do with being available on a few bigger exchanges, are there any plans in that regard?
BeggarInCryptos
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September 11, 2017, 10:48:39 PM
 #13612

Moving the wallet to another system.
Which files and folders should I backup?
Running newest version.
Thanks.

If you're using windows operating system. Go to C: > Users > *Your Computer Name* > AppData > Local

Copy/backup the entire byteball directory and put it at the same location.

If you do this you will lose all  the blackbytes. The correct way is to  make multisig wallet (2-1) and move all bytes and blackbytes to new address of this wallet.

Yes, this is the best way, but woudn't the other way also have to work? I remember to have read that there is a wat to backup also the blackbytes....

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.cryptic.
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September 11, 2017, 11:24:52 PM
 #13613

Moving the wallet to another system.
Which files and folders should I backup?
Running newest version.
Thanks.

If you're using windows operating system. Go to C: > Users > *Your Computer Name* > AppData > Local

Copy/backup the entire byteball directory and put it at the same location.

If you do this you will lose all  the blackbytes. The correct way is to  make multisig wallet (2-1) and move all bytes and blackbytes to new address of this wallet.

Yes, this is the best way, but woudn't the other way also have to work? I remember to have read that there is a wat to backup also the blackbytes....
Can you not take a full data back up from the existing wallet and restore from it in the new system? ( Given you dont run the wallet on the old system anymore)
MrPuffnStuff
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September 12, 2017, 01:04:16 AM
 #13614

Was hoping someone could help me figure out how to send Bytes from my light wallet account to my Bittrex Account.  I've send a few tests of 1GBYTE to Bittrex, my light wallet shows it in my history but days have gone by and nothing has happened.  I still have my original balance on the wallet so haven't lost any bytes, but really want to get some into my trading account, any help would be greatly appreciated!!

Are you sure you sent 1 GBB and not only 1 byte ?

Son of a bitch, you're totally right and I'm a little embarrassed thank you for the assistance sir!!

Haha, change the Unit for bytes/blackbytes in your wallet settings to GB/GBB to avoid this confusion in the future. It is much easier to transact since most exchanges trade GB (except for the chat bots in the wallet).

OK, thanks for the help!
ByteFan
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September 12, 2017, 04:06:15 AM
 #13615

Last 24h traded vol: 580 432 MBB and soon 3TBB flawlessly traded on BEEB. Champagne!


http://www.beeb-bot.com/
Michail1
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September 12, 2017, 05:24:35 AM
 #13616

Moving the wallet to another system.
Which files and folders should I backup?
Running newest version.
Thanks.

If you're using windows operating system. Go to C: > Users > *Your Computer Name* > AppData > Local

Copy/backup the entire byteball directory and put it at the same location.

If you do this you will lose all  the blackbytes. The correct way is to  make multisig wallet (2-1) and move all bytes and blackbytes to new address of this wallet.

Actually, you will not lose the blackbytes.  They are stored in the sql file within that data directory.
That said, you do NOT want to run that wallet on two different devices at the same time.
- Setup a mutlisig wallet like xenon131 suggested.  Smiley

Make backups.  Lots of them.  Smiley



Janeterrekg
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September 12, 2017, 05:34:43 AM
 #13617

Is there anyone updated the wallet? I am not sure if I should backup the whole wallet first before update Huh

I did update my wallet with no issues
You should always take a backup before applying an update on the wallet
Yes,That's important for everyone to take a backup before applying an update on the wallet.
codemanX
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September 12, 2017, 06:25:41 AM
 #13618

Last 24h traded vol: 580 432 MBB and soon 3TBB flawlessly traded on BEEB. Champagne!


http://www.beeb-bot.com/
Have tested it, and my sell-order was completed last night, really cool.
What´s you strategy, do you exchange GBB to GB or just keep the GBB?
Karartma1
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September 12, 2017, 06:35:43 AM
 #13619

Noobish question but how does the exchange bot work? Say I want to buy some gbyte with bitcoin. How do i 'deposit' my bitcoin into the bot? I'm not used to decentralised exchanges and would like to understand more

Well I took the plunge and put an order using the exchange bot (byte-BTC). I'd like to know a bit more about the inner workings, if anyone can provide a link or something would appreciate.  In any case, to use is quite simple you put in a buy order and then it gives you a bitcoin address to fund. I assume it is trustworthy? Once that receives two confirmations your order is added to the book. I'm not sure why there is a limit of 0.2 BTC ? Sometimes might be nice to go higher than that. There doesn't appear to be much volume or liquidity to speak of but hopefully that might improve in time.

In general I think bytecoin could do with being available on a few bigger exchanges, are there any plans in that regard?

You probably meant Byteball Grin
There's no rush to go on bigger exchanges IMHO, once we get there (maybe when the distribution phase is over) this project might establish on the top 10 for good. By all means it's better to get there with all coins distributed so that the market can start playing the game.
However, so far it seems to me that in terms of APPS/BOT/AI byteball is way before the competition.
Freefactomizer
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September 12, 2017, 07:40:42 AM
 #13620

2. In terms of privacy and anonymity: What are the advantages of blackbytes against for example Monero? Why shouldn't I just use Monero if my biggest concern is privacy (and not for instance transaction time or fees)?

I can't clearly compare with Monero since I don't know it very well but I can explain a bit how blackbytes work.
You can see blackbytes as bank notes which have their transactions history writted on them. You can see this transaction history only if you own them, there is no public ledger. That's mean that if you receive a payment in Blackbytes, your payer can't know what you will do next with the blackbytes he sent to you. He could know that only if the same blackbytes return in their hands which will become very unlikely if Byteball network becomes bigger. You can still protect yourself against this possibility by using a wallet dedicated to privacy, at start you just need to get some bytes anonymously to fund the Blackbytes transaction. If someone would discover the history of a blackbyte you used, it couldn't link it to anything since he can't see your other transactions made with blackbytes.
In overall there is no way for anybody to get a picture of what's going on with blackbytes, all the transactions are kept private by every blackbyte user. If you want to try to find a flaw, you simply can't, cause you can't get the data. 
The novel system blackbytes use is an excellent compromise between privacy, transaction time and fees.
If I would need ultra-privacy, I would simply hide behind a monero and a blackbyte transaction to get the best of two.

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