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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1224227 times)
MrPuffnStuff
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September 12, 2017, 01:04:16 AM
 #13661

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!
Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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ByteFan
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September 12, 2017, 04:06:15 AM
 #13662

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


http://www.beeb-bot.com/

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)
Michail1
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September 12, 2017, 05:24:35 AM
 #13663

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
 #13664

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
 #13665

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
 #13666

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.

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Freefactomizer
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September 12, 2017, 07:40:42 AM
 #13667

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.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
gtzanap
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September 12, 2017, 08:09:51 AM
 #13668

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?

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LoyceV
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September 12, 2017, 08:24:25 AM
 #13669

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 Smiley

Freefactomizer
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September 12, 2017, 08:25:12 AM
 #13670

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.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
ByteFan
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September 12, 2017, 08:54:51 AM
 #13671

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.

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)
jackfruit
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September 12, 2017, 09:16:08 AM
 #13672

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
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September 12, 2017, 09:32:45 AM
 #13673

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.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
jackbox
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September 12, 2017, 10:32:30 AM
 #13674

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.

Buy a Trezor and Protect your BTC, BCH, BTG, DASH, LTC, DGB, ZEC, ETH and ETC from hackers.
If I was helpful please buy me a coffee BTC: 1DWK7vBaxcTC5Wd2nQwLGEoy8xdFVzGKLK  BTG: AWvN1iBqCUqG2tEh3XoVvRbdcGrAzfBBpW
If I was helpful please buy me a burger DGB: DLASV6CUQpGtGSyaVz5FYuu5YxZ17MoGQz
LoyceV
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September 12, 2017, 10:36:26 AM
 #13675

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
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September 12, 2017, 11:14:42 AM
 #13676

Next time when i go to Italy, I can use byteball to eat food
European Central Bank
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September 12, 2017, 12:57:28 PM
 #13677

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
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September 12, 2017, 01:23:40 PM
 #13678

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
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September 12, 2017, 02:23:16 PM
 #13679

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.

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September 12, 2017, 02:27:39 PM
 #13680

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!
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