Obyte: Totally new consensus algorithm + private untraceable payments

[gtzanap]

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.

We also need a detailed explanation of why we can trust blackbytes cannot be duplicated.
The fact that they are not on a ledger and therefore transparent makes it suspicious to many and it is a very sensible question that needs to be answered in a FAQ

Can anyone provide it?

[LoyceV]

We also need a detailed explanation of why we can trust blackbytes cannot be duplicated.
The fact that they are not on a ledger and therefore transparent makes it suspicious to many and it is a very sensible question that needs to be answered in a FAQ

Can anyone provide it?

For an in-depth answer, read Hiding entire content of on-chain transactions.

For more common questions about Blackbytes, read Byteball: Blackbytes FAQ.

But hey, by all means, try to duplicate Blackbytes, test the system if you don't trust it

[Freefactomizer]

We also need a detailed explanation of why we can trust blackbytes cannot be duplicated.
The fact that they are not on a ledger and therefore transparent makes it suspicious to many and it is a very sensible question that needs to be answered in a FAQ

Can anyone provide it?

The genesis unit of blackbytes is public: https://explorer.byteball.org/#qO2JsiuDMh/j+pqJYZw3u82O71WjCDf0vTNvsnntr8o=
Every blackbyte comes from there, there can't be more than defined. Double-spend or duplicatio is avoided with a spend proof, I invite you to read the chapter 25 of the whitepaper to learn more about it.
By the way you can see blackbytes have different denominations from 1 to 100000 blackbytes, like they were bank notes.

[ByteFan]

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?

It is a true exchange. Someone else has bought your BB.

[jackfruit]

A tool or option should be added/genreated on app which should allow users to get a back-up of the black bytes. Because current system is not preventing coins from disappearing. Saving all directory shouldn´t be the only way to get a back-up.

[Freefactomizer]

A tool or option should be added/genreated on app which should allow users to get a back-up of the black bytes. Because current system is not preventing coins from disappearing. Saving all directory shouldn´t be the only way to get a back-up.

Just use a multi devices wallet (it's very easy with Byteball), then private informations about blackbytes will be replicated on all your devices. In case you lose one device, the other ones serve as backup.

[jackbox]

i just realized, that it is not possible to register Segwit Adresses for the Airdrop? When will Segwit for Airdrops be implemented? That can't be to complicated....

Segwit has no protocol for signing messages so at this time it is not possible to do.

[LoyceV]

i just realized, that it is not possible to register Segwit Adresses for the Airdrop? When will Segwit for Airdrops be implemented? That can't be to complicated....

SegWit addresses won't be supported:

Since segwit has been activated on BTC I noticed that the transition bot doesn't work with the new segwit addresses.
If you try to use a segwit generated address you get this message "Only P2PKH addresses are supported".
Are there any plans to address this issue?

No such plans.  Our developers' time is better spent on Byteball.

[soros123]

Next time when i go to Italy， I can use byteball to eat food

[European Central Bank]

Segwit has no protocol for signing messages so at this time it is not possible to do.

wow. i did not know that. that's a huge function to be missing. i'm signing stuff all the time.

[codemanX]

Segwit has no protocol for signing messages so at this time it is not possible to do.

wow. i did not know that. that's a huge function to be missing. i'm signing stuff all the time.

I also haven´t known that, signing messages is really important in my opinion, I am a little bit shocked that I haven´t read about that in the whole "Segwit-Story".

[Michail1]

A tool or option should be added/genreated on app which should allow users to get a back-up of the black bytes. Because current system is not preventing coins from disappearing. Saving all directory shouldn´t be the only way to get a back-up.

Ummm, there is.   Simply:
Hamburger (three horizontal lines on top left)
SETTINGS (global settings) - scroll to bottom
Full backup

That will allow you to make a full backup in a password protected file.

didn't receive Black Bytes for bitcoin (received usual bytes, so transition is ok)

Contact me via PM or join the slack channel and ask publicly.
There are many reasons for this and most are the users fault which can be quickly determined.

[SwedishGirl]

I see a lot of people on this thread like to hate on IOTA. I find it silly. I own all of iota, byteball and rayblocks and really hope all of them succeed in their own way. Let's all be friends!

[jjacob]

i just realized, that it is not possible to register Segwit Adresses for the Airdrop? When will Segwit for Airdrops be implemented? That can't be to complicated....

SegWit addresses won't be supported:

Since segwit has been activated on BTC I noticed that the transition bot doesn't work with the new segwit addresses.
If you try to use a segwit generated address you get this message "Only P2PKH addresses are supported".
Are there any plans to address this issue?

No such plans.  Our developers' time is better spent on Byteball.

Ouch. That is a big thing. A lot of bitcoins would have migrated to segwit addresses now.
Of course, since the airdrop is primarily linked to byteball addresses now, people won't feel the impact.

[Karartma1]

I agree that there's no need to spend time upgrading the distribution for Segwit addresses at the moment. BTC linking should be already over to enhance a better byteball distribution among current byteball holders.
The Bitcoin linking has been a great start for this project but as of now there's no need for it anymore.

I mean, come on, hear people only complain about what has been a FREE airdrop.

Go find ICOs around if you wish 

[SatoNatomato]

I see a lot of people on this thread like to hate on IOTA. I find it silly. I own all of iota, byteball and rayblocks and really hope all of them succeed in their own way. Let's all be friends!

Go and write that, mention Byteball in the iota thread. Thanks.

[tonych]

Published an application form for the cashback program and detailed description
https://medium.com/byteball/byteball-cashback-program-9c717b8d3173

[afbitcoins]

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?

There appears to be NO volume on that exchange bot. At least nothing happening I can discern in 2 days that I've looked into it. 

[afbitcoins]

I see a lot of people on this thread like to hate on IOTA. I find it silly. I own all of iota, byteball and rayblocks and really hope all of them succeed in their own way. Let's all be friends!

How come IOTA has much bigger market cap than byteball ?

[BeggarInCryptos]

Next time when i go to Italy， I can use byteball to eat food

Why that? Did you find restaurants in Italy which already accept Byteball? That would be really awesome. Perhaps we should then have a list of Byteball accepting restaurants