Obyte: Totally new consensus algorithm + private untraceable payments

[CryptoTickets]

Does Smb knows, whether this team has experience?

[vlom]

Does Smb knows, whether this team has experience?

experience in what? in developing this coin / tool / project? yes, a lot of things have been done since the beginning of byteball.

[Yefet]

Hi,

Could anyone help/advise about the byteball wallets -

I installed the mobile wallet and decided to import the seed from the desktop, but saw a warning not to clone the wallet and if proceed stop using the wallet with the same seed  

So the question is if it is possible to access the same wallet/address from the different devices (at least not simultaneously, but in turn), ie use the mobile client on the go and then switch to the desktop one when get back home.

[LoyceV]

So the question is if it is possible to access the same wallet/address from the different devices (at least not simultaneously, but in turn), ie use the mobile client on the go and then switch to the desktop one when get back home.

You're gonna corrupt your blackbytes if you do this.

What you need, is a multisig wallet: 2 devices, 1 needed to sign. You can set it up from your existing wallet by adding a new 1-2 wallet, then pair with the other device, transfer a small amount to test, and once it works: transfer everything.

[XbladeX]

So the question is if it is possible to access the same wallet/address from the different devices (at least not simultaneously, but in turn), ie use the mobile client on the go and then switch to the desktop one when get back home.

You're gonna corrupt your blackbytes if you do this.

What you need, is a multisig wallet: 2 devices, 1 needed to sign. You can set it up from your existing wallet by adding a new 1-2 wallet, then pair with the other device, transfer a small amount to test, and once it works: transfer everything.

last time i have tried to recover from seed and i don't see my blackbytes . Do I have lost them or what ?
I got some strange messages.

[LoyceV]

Interview with Anton Churyumov and how blockchain enables trust

One could rephrase the famous quote about statistics and say “There are three kinds of scams: scams, downright scams, and ICOs”.

With this quote in mind, may I remind all the people who are complaining about the airdrop that Tony never made any promises, never asked for money, and only gives away a great product and money for free?

last time i have tried to recover from seed and i don't see my blackbytes . Do I have lost them or what ?

Blackbytes are anonymous, the seed doesn't restore them, use the backup-feature in the wallet.

[forensick]

Interview with Anton Churyumov and how blockchain enables trust

One could rephrase the famous quote about statistics and say “There are three kinds of scams: scams, downright scams, and ICOs”.

With this quote in mind, may I remind all the people who are complaining about the airdrop that Tony never made any promises, never asked for money, and only gives away a great product and money for free?

last time i have tried to recover from seed and i don't see my blackbytes . Do I have lost them or what ?

Blackbytes are anonymous, the seed doesn't restore them, use the backup-feature in the wallet.

Does this mean that every time I receive Blackbytes I have to do a full backup? If I will recover from seed, will I have 0 blackbytes?

[amacar1]

Unfortunately yes, you need to backup after every blackbytes transaction.

[ujang1]

I also will try to exchange my GBB with GB. I want to keep GB continuously even I don't want to make any transaction at the moment. I also am looking for the update on next distribution whether it be carried out or postponed for next month. Lot of things are being built which will bring value in future for sure with the increase of demand.

You can sell your GBB on http://www.beeb-bot.com

This resource can be trusted? First time I see that somewhere it is possible to sell blackbytes, except in wallet with the help of bot.

[Freefactomizer]

Interview with Anton Churyumov and how blockchain enables trust

One could rephrase the famous quote about statistics and say “There are three kinds of scams: scams, downright scams, and ICOs”.

With this quote in mind, may I remind all the people who are complaining about the airdrop that Tony never made any promises, never asked for money, and only gives away a great product and money for free?

last time i have tried to recover from seed and i don't see my blackbytes . Do I have lost them or what ?

Blackbytes are anonymous, the seed doesn't restore them, use the backup-feature in the wallet.

Does this mean that every time I receive Blackbytes I have to do a full backup? If I will recover from seed, will I have 0 blackbytes?

Yes.
Best way to be safe is to use a multi-device wallet, then each time you receive blackbytes the private data are replicated among all your devices.

[Freefactomizer]

I also will try to exchange my GBB with GB. I want to keep GB continuously even I don't want to make any transaction at the moment. I also am looking for the update on next distribution whether it be carried out or postponed for next month. Lot of things are being built which will bring value in future for sure with the increase of demand.

You can sell your GBB on http://www.beeb-bot.com

This resource can be trusted? First time I see that somewhere it is possible to sell blackbytes, except in wallet with the help of bot.

This one uses a bot too, it was the first blackbyte exchange launched.

[bobq]

Distribution of Bytes is now finished.
61,299.720840161 GB distributed
645,222.052937914 GB is available supply after the distribution.

Distribution of blackbytes will start in a few hours and will take a few days, be patient.  I'll post here when it is complete.

I'll decide and announce the plans for future distribution around mid-November.  But it is already certain that we skip the December full moon.  The purpose of the free distribution is in acquiring new users, and we should use the remaining undistributed coins most efficiently.  That's why we are slowing down the distribution and gradually phasing out the method based on balances, which is not expected to produce much positive impact any more.  Cashback has already proved more efficient in terms of cost of user acquisition, albeit it is still slow.  Other product updates linked to the distribution are still in the making but not certain enough to speak about them now, I expect more certainty in the middle of November.

I can understand that you want to remove the airdrop because it does not acquire new users anymore. However I think you should be careful not to lose existing users because of this. I think the majority of Byteball users are "people who have the wallet installed but are not using it often", as the Byteball economy is still in infant stage.

BUT these users are coming back on a regular basis because of the airdrops. They read this thread, the slack, the website, update their clients and such. The airdrops have been a big event that brings the Byteball community together at regular intervalls. Thats why the TitanCoin preICO was started at the airdrop date, because most people would notice it. It would be a waste to lose the conditioning of the Byteball userbase and the full moon meme that was so costly acquired.

So I urge you not to skip december airdrop or atleast have a replacement event. We already saw interest fainting when the last airdrop was skipped. There are lots of bling bling coins and christmas time coming up. For the average user its super easy to totally forget about your Byteball installation during two months if nothing is happening.

Well, sooner or later the airdrop will HAVE to stop anyway, when all coins will be distributed, and THEN if we continue with the old distribution method we would have a catastrophic landing. That landing we have already had, partially, in the past 2 months, as the people interested only in the airdrop has dumped. Now much better to use the remaining coins to be distributed to enlarge the adoption base, which is the only thing which can give more value to the coin long term.

[NickCrypto]

Great Chart Gallery of Byteball Bytes on BitScreener

https://bitscreener.com/coins/byteball/chart_gallery

[EnViRoNmEnT]

Hey Guys! Can anybody help me? Just looked in my Byteball wallet and saw that I havent received my blackbytes yet but my Gbytes... Always used the same address and hadnt any problems in the past airdrops. What can I do?

[sailthor]

Hey Guys! Can anybody help me? Just looked in my Byteball wallet and saw that I havent received my blackbytes yet but my Gbytes... Always used the same address and hadnt any problems in the past airdrops. What can I do?

Got the same issue!
https://bitcointalk.org/index.php?topic=1608859.msg24273995#msg24273995

I've sent a message to Tony, no reply yet.

[EnViRoNmEnT]

Ahh oki, so it seems that i am not the only one with this issue. Please let me know once you heard anything from tony I am sure he will respond when he has time, because tony roxx

[bobq]

Hey Guys! Can anybody help me? Just looked in my Byteball wallet and saw that I havent received my blackbytes yet but my Gbytes... Always used the same address and hadnt any problems in the past airdrops. What can I do?

Got the same issue!
https://bitcointalk.org/index.php?topic=1608859.msg24273995#msg24273995

I've sent a message to Tony, no reply yet.

Are you sure you didn't send any payments in these two months? When you do your change (what is left in your wallet) gets automatically transferred to a new address inside the wallet, so before the airdrop you have to relink it. BTW this is a mistake I have just done myself for this latest airdrop, and didn't get any blackbytes either.

[LoyceV]

Does this mean that every time I receive Blackbytes I have to do a full backup? If I will recover from seed, will I have 0 blackbytes?

Yes.
Best way to be safe is to use a multi-device wallet, then each time you receive blackbytes the private data are replicated among all your devices.

Use a 1 out of 2 multisig wallet to have a "live backup", see Byteball: Blackbytes FAQ for details.

My favourite analogy:
Think of Blackbytes as a post-it handed to you by the previous owner. The post-it says: "you are now the new owner". Together with handing you the post-it, the DAG registers that the previous owner is no longer the owner of these Blackbytes. The DAG does not register who received the post-it.
Now, if you lose this post-it, the previous owner can simply give you another post-it that says: "you are now the new owner".
If you want to give your Blackbytes to someone else, your post-it contains all the information you need to create a new valid post-it for the receiving user, and to register the change of ownership in the DAG.
Note that there's nobody to give you a new post-it if you sent part of your blackbytes, and lose the post-it that holds your change!

[bobq]

Does this mean that every time I receive Blackbytes I have to do a full backup? If I will recover from seed, will I have 0 blackbytes?

Yes.
Best way to be safe is to use a multi-device wallet, then each time you receive blackbytes the private data are replicated among all your devices.

Use a 1 out of 2 multisig wallet to have a "live backup", see Byteball: Blackbytes FAQ for details.

My favourite analogy:
Think of Blackbytes as a post-it handed to you by the previous owner. The post-it says: "you are now the new owner". Together with handing you the post-it, the DAG registers that the previous owner is no longer the owner of these Blackbytes. The DAG does not register who received the post-it.
Now, if you lose this post-it, the previous owner can simply give you another post-it that says: "you are now the new owner".
If you want to give your Blackbytes to someone else, your post-it contains all the information you need to create a new valid post-it for the receiving user, and to register the change of ownership in the DAG.
Note that there's nobody to give you a new post-it if you sent part of your blackbytes, and lose the post-it that holds your change!

1of2 multisig wallet is the best way, except for a 1of3 which is even better
And BTW thank you for this nice analogy for the blackbytes mechanism - very easy to grasp.

[kola-schaar]

Does this mean that every time I receive Blackbytes I have to do a full backup? If I will recover from seed, will I have 0 blackbytes?

Yes.
Best way to be safe is to use a multi-device wallet, then each time you receive blackbytes the private data are replicated among all your devices.

Use a 1 out of 2 multisig wallet to have a "live backup", see Byteball: Blackbytes FAQ for details.

My favourite analogy:
Think of Blackbytes as a post-it handed to you by the previous owner. The post-it says: "you are now the new owner". Together with handing you the post-it, the DAG registers that the previous owner is no longer the owner of these Blackbytes. The DAG does not register who received the post-it.
Now, if you lose this post-it, the previous owner can simply give you another post-it that says: "you are now the new owner".
If you want to give your Blackbytes to someone else, your post-it contains all the information you need to create a new valid post-it for the receiving user, and to register the change of ownership in the DAG.
Note that there's nobody to give you a new post-it if you sent part of your blackbytes, and lose the post-it that holds your change!

1of2 multisig wallet is the best way, except for a 1of3 which is even better
And BTW thank you for this nice analogy for the blackbytes mechanism - very easy to grasp.

Yes, that's right when it comes to security through redundancy.
But you have to note the following: With each additional device also increases the risk of being hacked.
At 1 of 3 it is enough to hack one device. So if you manage serious volumes I would recommend 2 of 3.
This corresponds to a 2FA authentication.
If you change the password regularly you have a very high security level.
I also suggested implementing time and volume based payment terms.
This can reduce a loss if you were hacked. But you can also do many other things e.g. Pocket money, Prepaid ..