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Author Topic: BYTEBALL: Totally new consensus algorithm + private untraceable payments  (Read 1105693 times)
szachta
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December 06, 2016, 10:23:38 PM
 #1401

I am using electrum wallet also have support privkey it is ok to byteball linking?
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kaicrypzen
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December 06, 2016, 10:38:26 PM
 #1402

Is there a participation instruction?

Instructions for the testnet distribution are here: https://bitcointalk.org/index.php?topic=1608859.msg16837694#msg16837694. This phase is now over. Instructions for the real distribution will be the same, we are just waiting for the livenet wallets to be released, scrolling up a bit:

Bitcoind is now fully synced, transition bot is up and running (on a new address), and I'm preparing to release the wallets.



I am using electrum wallet also have support privkey it is ok to byteball linking?

There is no reason this wallet can't be used, so yes it is ok.

tonych
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December 06, 2016, 11:56:18 PM
 #1403

Starting now, you can link your Byteball and Bitcoin addresses for the upcoming distribution.

1.  Download and install the wallet for Byteball live network:
Desktop: https://github.com/byteball/byteball/releases
Android: https://play.google.com/store/apps/details?id=org.byteball.wallet
You will have two Byteball wallets - one for the testnet that you already have, the other for the upcoming live network.

2.  Visit https://byteball.org and click the link to chat with the Transition Bot.  The link will open the new wallet and start a chat.  Follow the instructions of the Transition Bot to prove your Bitcoin balance.


You have two options to prove your Bitcoin balance:
a.  By making a micropayment.  The bot will see your address the payment came from, will know that it is your address, and will instruct you to move your Bitcoins to this address.  By making several micropayments, you can link several Bitcoin addresses to the same Byteball address.
b.  By signing a message (if your Bitcoin wallet supports this function).  You tell the bot your Bitcoin address and sign your Byteball address with the Bitcoin address.  After you prove one address (a typical Bitcoin wallet has dozens of them), you can either move all your coins to this single proven address or prove all other addresses in the same way -- by signing a message.  

If you try to link the same Bitcoin address to multiple Byteball addresses, only the last linking counts.  This rule might be adjusted if we see attempts to link exchange-owned addresses.

If you prove by micropayment, remember to check that the Bitcoin address that the bot received the micropayment from, is indeed your address.  An attacker might see your payment on the blockchain and repeat the same micropayment from his address trying to trick you to move your funds to him.

3.  After linking, there is no use of the new wallet before the distribution, just keep it installed (backup if necessary).  It will receive the bytes on the distribution day.  If you make any Bitcoin payment, your coins will most likely be moved to a new change address.  Chat with the bot again, see the balance on your linked address(es) and move the coins back to the linked address(es) if necessary.

The linking phase will end on December 24 at 23:59:59 UTC, after which we'll do the distribution in proportion to Bitcoin balances in the first block timestamped after December 25 00:00:00 UTC (Christmas block).  I'll announce the exact block number several hours after this block is mined (the waiting time is to exclude the slightest chance of reorg).  The bytes and blackbytes will be sent out in the afternoon of December 25.

During this distribution we'll distribute 10% of the total supply of bytes and blackbytes.  The remaining 88% will be distributed during subsequent distribution rounds, exact dates to be announced later.  The planned distribution percentages (subject to change):

2nd round: 20%
3rd round: 30%
4th round: 38%

The rounds will be spaced 1 to 2 months.

In each subsequent distribution round, we'll take a new snapshot.  The distribution rules in the 2nd and further rounds will be slightly different from the 1st.  You'll show both your BTC balances (as in the 1st round) and your balance in bytes (which you received in earlier rounds or bought from other users).  You have a sort of basket that consists of a mixture of BTC and bytes.  To determine the weight of the basket, every 62.5 MB are counted as 1 BTC.  For example, if you have 125 MB and 3 BTC, the weight is 2+3=5 BTC.  The distribution of new bytes in the 2nd and subsequent phases will be proportional to the weight of your basket.

My 1% doesn't participate in the 2nd and further rounds.

The ratio 62.5 MB per 1 BTC is chosen so that the total money supply of bytes (1015) and the total number of BTC in circulation (16,000,000) are equivalent.

Earlier adopters have the opportunity to participate in greater number of distribution rounds and receive new bytes in each round by using the same BTC balance and bytes received in previous rounds.  You are effectively doubling your stake in each additional round you take part in.

Track the progress of linking at http://transition.byteball.org

Please retweet https://twitter.com/ByteballOrg/status/806290785486467073

Simplicity is beauty
zanzibar
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December 07, 2016, 12:49:13 AM
 #1404

.1 BTC Bounty for someone to write up a tutorial on linking Trezor or Ledger wallet to Byteball account via signing a message. This should include details on what needs to be done with full balance (do we need to send it to one address within wallet) before signing message. Thanks.
samspaces
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December 07, 2016, 12:53:23 AM
 #1405

71 pages for an obvious rip off out of your BTC wallet. Why else would a BTC address be linked to this coin, except for you 'proving' you own BTC by sending it. Man.

People must be getting desperate.
imbladednow
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December 07, 2016, 01:28:36 AM
 #1406

71 pages for an obvious rip off out of your BTC wallet. Why else would a BTC address be linked to this coin, except for you 'proving' you own BTC by sending it. Man.

People must be getting desperate.

What am I missing, what happened?

I need crypto in my life and garbage out of it.
CowboyKiller
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December 07, 2016, 02:16:23 AM
 #1407

71 pages for an obvious rip off out of your BTC wallet. Why else would a BTC address be linked to this coin, except for you 'proving' you own BTC by sending it. Man.

People must be getting desperate.

You probably thought CLAMS was a scam too right?

imbladednow
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December 07, 2016, 02:38:49 AM
 #1408

71 pages for an obvious rip off out of your BTC wallet. Why else would a BTC address be linked to this coin, except for you 'proving' you own BTC by sending it. Man.

People must be getting desperate.

You probably thought CLAMS was a scam too right?




LOL. HAHAHA. LOL.

Clams is one of my best investments ever. I cant talk for him but I always loved it from the moment I started investing.

I need crypto in my life and garbage out of it.
John_Paul
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December 07, 2016, 02:57:17 AM
 #1409

I downloaded the light wallet. To back up my wallet, what else should I do besides writing down my wallet seed?

It seems I don't need the wallet seed to log into my wallet/account. Is it right?
ICOcountdown.com
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December 07, 2016, 02:58:51 AM
 #1410

@tony I messed up the linking of the addresses to the wallet, I have uninstalled deleted my wallet and otherwise is there any way to unlink?

drays
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December 07, 2016, 03:16:28 AM
 #1411

@tony I messed up the linking of the addresses to the wallet, I have uninstalled deleted my wallet and otherwise is there any way to unlink?

Just install the wallet again, and re-link all your btc addresses to new Byteball address. Should work.

See this:
If you try to link the same Bitcoin address to multiple Byteball addresses, only the last linking counts.  This rule might be adjusted if we see attempts to link exchange-owned addresses.

If you want answer only from Tony, please disregard this reply Smiley

... this space is not for rent ...
DiCE1904
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December 07, 2016, 03:18:56 AM
 #1412

Looks like a really cool project, will be watching

ExchangeD.I2p  First Ever Darknet CryptoCurrency Exchange. Trade altcoins anonymously.
http://ylmulgfskl6uiwac4hw4ecwqdzd3oxtwaemzj25zc6k5q4rkexra.b32.i2p
Official Thead: https://bitcointalk.org/index.php?topic=1092682.0
ICOcountdown.com
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December 07, 2016, 03:23:46 AM
 #1413

@tony I messed up the linking of the addresses to the wallet, I have uninstalled deleted my wallet and otherwise is there any way to unlink?

Just install the wallet again, and re-link all your btc addresses to new Byteball address. Should work.

See this:
If you try to link the same Bitcoin address to multiple Byteball addresses, only the last linking counts.  This rule might be adjusted if we see attempts to link exchange-owned addresses.

If you want answer only from Tony, please disregard this reply Smiley

It doesn't thanks for the advise though, I already deleted the wallet.dat and also uninstalled and reinstalled byteball. Please tony save me Cry

It still remebers the link even though I create a new Byteball address and a new wallet key.

Thanks Drays.

valley365
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December 07, 2016, 03:28:16 AM
 #1414

Great, so we have livenet wallet available and will need to link our bitcoin account address with it. The snapshot of bitcoin blockchain will be taken at Dec 25, but when the byteball distribution will actual happen? i.e. when we will receive byteballs?
ICOcountdown.com
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December 07, 2016, 03:29:34 AM
 #1415

Great, so we have livenet wallet available and will need to link our bitcoin account address with it. The snapshot of bitcoin blockchain will be taken at Dec 25, but when the byteball distribution will actual happen? i.e. when we will receive byteballs?

December 25th Afternoon.  Cool

AleScamHole
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December 07, 2016, 03:30:18 AM
 #1416

@tony I messed up the linking of the addresses to the wallet, I have uninstalled deleted my wallet and otherwise is there any way to unlink?

Just install the wallet again, and re-link all your btc addresses to new Byteball address. Should work.

See this:
If you try to link the same Bitcoin address to multiple Byteball addresses, only the last linking counts.  This rule might be adjusted if we see attempts to link exchange-owned addresses.

If you want answer only from Tony, please disregard this reply Smiley

It doesn't thanks for the advise though, I already deleted the wallet.dat and also uninstalled and reinstalled byteball. Please tony save me Cry

lol could  not have happened to a better person Cheesy

do you even KNOW how .dat files work? if you deleted one with coins in any form on it, without  some form of file recovery for your deleted files, you are SCREWED.

valley365
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December 07, 2016, 03:36:51 AM
 #1417

Quote
b.  By signing a message (if your Bitcoin wallet supports this function).  You tell the bot your Bitcoin address and sign your Byteball address with the Bitcoin address.  After you prove one address (a typical Bitcoin wallet has dozens of them), you can either move all your coins to this single proven address or prove all other addresses in the same way -- by signing a message.

I can sign a message and send to bot, but question is: (1) what message I should sign? any message? (2) what's the format I should send message and signed message to bot, so it can verify? and how do I send them? Can you give the steps in details?
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December 07, 2016, 03:39:27 AM
 #1418

another scam coin -do not even bother IMO.

yolo
CowboyKiller
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December 07, 2016, 03:49:24 AM
 #1419

another scam coin -do not even bother IMO.

You probably thought CLAMS was a scam too right?

DiCE1904
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December 07, 2016, 04:26:37 AM
 #1420

another scam coin -do not even bother IMO.

yawn

ExchangeD.I2p  First Ever Darknet CryptoCurrency Exchange. Trade altcoins anonymously.
http://ylmulgfskl6uiwac4hw4ecwqdzd3oxtwaemzj25zc6k5q4rkexra.b32.i2p
Official Thead: https://bitcointalk.org/index.php?topic=1092682.0
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