Obyte: Totally new consensus algorithm + private untraceable payments

[long8899]

it is amazing you guys even have QQ and wechat

I tried to add you in wechat, but I can't find it. are you still using wechat?

[Michail1]

I just wish i understood how blck bytes worked it bit better, I get  its anonymous but is there a reason it cant go on exchanges?

It is already on some decentralized bot store exchanges. Why black bytes are not listed on CoinMarketCap is beyond me. I feel this is absurd as blackbytes are one of the only truly fungible coins existing.

Is there no records of Blackbytes on network? Can Blackbytes be used by hackers?
I first spent a Blackbyte, and What will happen when I restore the full backup?

No, there is no explorer for Blackbytes (Ergo privacy).  Sure, anyone can use blackbytes.
If you spend all or a part of your blackbytes and then recover your wallet to a point prior to spending the bytes, your wallet will show the prior amount; however, you now have a corrupted balance.  When you do this, you will lose more than just the part you spent and likely lose access to all your blackbytes.   If/When you do this, you will end up sending your wallet to someone like me to recover what can be possibly recovered.  I have done this for many people; however, I have basically stopped, because it's not worth my time.  I have to admit how cheap people are in that they are willing to spend many hours of time trying to recover $20 especially when it's someone elses time. 

So..... Don't do a recovery after an amount has been spent.   Hint:  Make a backup each time you make a Blackbyte transaction so that you're totally safe from loss.   

[jianxinss]

Suddenly byteball Chinese community initial prototype, the number of groups also exceeded 200 people, today there are several bitcoin players have generated interest. byteball literal translation is "byte snowball", very hard to pronounce, in fact, "byte" as translated into "bit", byteball translated as "bitball", more straightforward, byteball is known to the Chinese community, in part because of the bit Volatility in currency interest, remember that in September, more than 1.3 million bitcoins were bundled with airdrops. Of course, after November, their team is ready to adjust its strategy and prepare for a new round of currency payment, which should be beneficial to the byteball community.

[preshpresh]

so sad i missed 7 of the airdrops, i really believe in gbytes potential but am stuck with mere crumbs

[Michail1]

so sad i missed 7 of the airdrops, i really believe in gbytes potential but am stuck with mere crumbs

I missed the first 6..... But, you can still buy now before it's too late.
Quite possibly in the future, people will be saying.... Damn, I missed out on byteball when it was under $300.       Never know.

[xlcus]

When will be the next round distribution? 

[CryptKeeper]

Australia, here we come!

Byteball Bytes can now be bought and sold within Australia on Australians leading cryptocurrency trading site CoinSpot.

Please retweet: https://twitter.com/cryptkeeperbtt/status/933593316393914368

     

[xlcus]

Australia, here we come!

Byteball Bytes can now be bought and sold within Australia on Australians leading cryptocurrency trading site CoinSpot.

Please retweet: https://twitter.com/cryptkeeperbtt/status/933593316393914368

     

Nice. Let's go.

[pxrunes]

Freebe Blackbyte Exchange Report



We continue to have very much volume and increased trades and traders at Freebe. The buy side of the blackbyte market is still very strong, we have a momentary price of: 0.0428 GB/GBB.
But i have the feeling that the price surge may continue a bit (don't take me for granted!).

24h volume: 1756 GBB Last trade: 100 GBB at: 0.0403 Best Ask: 0.0498 (50 GBB) Best Bid: 0.0411 (50 GBB) Total GBB wanted: 6524 Total GBB for sell: 1664 Total volume all time: 72139 GBB Total successful trades: 1194

Partially traiding enabled! Instantly sell any amount of Blackbytes at the best marketprice.

Just type: sell <amount> <your address> for example: sell 1.45g QUVOQQRO42BWCUG7VH2G6W6CWFKTGGI4. For the amount you can use any unit, such as "g", "m" or "k".

More help, information and live data available at: http://freebe.byte-ball.com

[Dr_Voidberg]

Thinking of going to hub.berlin to meet Tony  

The list of speakers is truly impressive and Tony is among them I have a feeling that Titan Coin will not be the only industry related asset that will be made on Byteball

[wiseye]

Is there no records of Blackbytes on network? Can Blackbytes be used by hackers?
I first spent a Blackbyte, and What will happen when I restore the full backup?

No, there is no explorer for Blackbytes (Ergo privacy).  Sure, anyone can use blackbytes.
If you spend all or a part of your blackbytes and then recover your wallet to a point prior to spending the bytes, your wallet will show the prior amount; however, you now have a corrupted balance.  When you do this, you will lose more than just the part you spent and likely lose access to all your blackbytes.   If/When you do this, you will end up sending your wallet to someone like me to recover what can be possibly recovered.  I have done this for many people; however, I have basically stopped, because it's not worth my time.  I have to admit how cheap people are in that they are willing to spend many hours of time trying to recover $20 especially when it's someone elses time. 

So..... Don't do a recovery after an amount has been spent.   Hint:  Make a backup each time you make a Blackbyte transaction so that you're totally safe from loss.   

Thanks, I see, backup is so important!

[lightningbeast]

Nice app and nice roadmap, I can.see.the progress of Byteball, Kudos.

[Marc De Mesel]

Won't be going to hub.berlin as Tony is also going to Bitcoin Wednesday in Amsterdam the week after, on Dec 6, which is much closer for me, and cheaper!  

He is giving a Byteball presentation there, and we can maybe organise something before or after for the byteball fans as well? Ideas welcome!

Who is coming to Bitcoin Wednesday in Amsterdam on Dec 6?

[MrChicken1987]

Right now if Tony dies the project is over and out, so witnesses can still be centralised in Tony, as the project is still fully dependent on him anyway. Over time though it is indeed important that more people take on leadership roles so that the project can go on without him if necessary, and indeed witnesses become more decentralised as well.

True.

The cashback witness MEJ... http://www.cashback-witness.com has already been adopted by many people (see: https://byteball.fr/stats.php) but will never be a full replacment of Tony original JED....

True decentralization will come only when independant witnesses will be added in the default list by Tony. There is not sufficient attention/motivation from  end users to the witnesses to make them change their default wallet parameters (actualy they just don't care...). Or in other words: thoses who are concerned will never be the majority.

Which brings me to the question: Why are the 12 default witnesses all controlled by Tony? Okay, the fees, I get that, but Tony already keeps 1 % of all bytes. Does he really need the transaction fees?

As far as I can see it, there are right now 13 operating witnesses. 1 is yours and 12 are Tony's.
In my opinion it would be a good counter arguement against the decentralization accusations, if your witness (and the next 4-5 upcoming witnesses) are listed in the default list.
Couldn't Tony make that happen right now? He still gets 11/12 of all fees at the moment.

When all is distributed, who will pay the bills?
A coin needs continuous development and marketing.
Paying these things from donations is not a business model.
You need a piece of the created coins to pay for this so that all coinholders pay their part of the bill.

Fully agree. There needs to be a dedicated reserve for marketing, UX & development in order to attract a larger community and to secure the future of Byteball.

Would it be possible that the byteball community fund operates a witness? (Which becomes a part of the default witness list, too).
That way, the witnesses are more decentralized (a bit) and the community fund gets steady income based on the fees. They can hire devs or pay for marketing with that.

[ByteFan]

Right now if Tony dies the project is over and out, so witnesses can still be centralised in Tony, as the project is still fully dependent on him anyway. Over time though it is indeed important that more people take on leadership roles so that the project can go on without him if necessary, and indeed witnesses become more decentralised as well.

True.

The cashback witness MEJ... http://www.cashback-witness.com has already been adopted by many people (see: https://byteball.fr/stats.php) but will never be a full replacment of Tony original JED....

True decentralization will come only when independant witnesses will be added in the default list by Tony. There is not sufficient attention/motivation from  end users to the witnesses to make them change their default wallet parameters (actualy they just don't care...). Or in other words: thoses who are concerned will never be the majority.

Which brings me to the question: Why are the 12 default witnesses all controlled by Tony? Okay, the fees, I get that, but Tony already keeps 1 % of all bytes. Does he really need the transaction fees?

Honestly I think Tonych does not care at all about earning the transactions fee. He holds the vast majority of the witnesses because Byteball is still a new project in its growing age and no major Witness candidate operator has emerge.
One can say i any case that end users are sole responsible for other witnesses adoption (it is in the protocol).
My talk was to say that since end users do not very much care actualy Tonych will certainly have to push independant witnesses in the default list at some point.

[ByteFan]

Right now if Tony dies the project is over and out, so witnesses can still be centralised in Tony, as the project is still fully dependent on him anyway. Over time though it is indeed important that more people take on leadership roles so that the project can go on without him if necessary, and indeed witnesses become more decentralised as well.

True.

The cashback witness MEJ... http://www.cashback-witness.com has already been adopted by many people (see: https://byteball.fr/stats.php) but will never be a full replacment of Tony original JED....

True decentralization will come only when independant witnesses will be added in the default list by Tony. There is not sufficient attention/motivation from  end users to the witnesses to make them change their default wallet parameters (actualy they just don't care...). Or in other words: thoses who are concerned will never be the majority.

Which brings me to the question: Why are the 12 default witnesses all controlled by Tony? Okay, the fees, I get that, but Tony already keeps 1 % of all bytes. Does he really need the transaction fees?

Honestly I think Tonych does not care at all about earning the transactions fee (only the payload part of, actually). He still holds the vast majority of the witnesses because Byteball is still in its growing age and no major Witness candidate operator has emerge. He already told he is willing to keep only one witness at the end.
One can say in any case that end users are sole responsible for other witnesses adoption (it is in the protocol and in the wallet).
My talk was to say that since end users do not very much care actually, Tonych will certainly have to push independant witnesses in the default list at some point to force for witnesses decentralization.

[Sam123]

Australia, here we come!

Byteball Bytes can now be bought and sold within Australia on Australians leading cryptocurrency trading site CoinSpot.

Please retweet: https://twitter.com/cryptkeeperbtt/status/933593316393914368

     

Nice to see Byteball on CoinSpot

[s1lverbox]

Daily volume again around 29+Gbyte




Orderbook looks thin. But we have some buyers and sellers.



If you have some bytes to sell and you not on rush just place you bid or ask and see. Who knows it might get filled.

yesterday we had over 36Gb traded within 24h.
Just click my signature or follow this link: https://cryptochangex.com

[Starving_Marvin]

Hey, something happened. I opened my byteball wallet after a long period of silence. Now it asks that "do I want to download the whole database" or "keep only data relevant to me".
Does this mean that my old wallet is lost in oblivion?
I can't find the byteball folder in the roaming folder.

I should have a full backup somewhere but I don't have any idea what should I be looking for...

[Starving_Marvin]

Hey, something happened. I opened my byteball wallet after a long period of silence. Now it asks that "do I want to download the whole database" or "keep only data relevant to me".
Does this mean that my old wallet is lost in oblivion?
I can't find the byteball folder in the roaming folder.

I should have a full backup somewhere but I don't have any idea what should I be looking for...

I found the original byteball folder (located in local-folder) but I get this error message and the program closes:
https://i.imgur.com/ZZr7Bod.jpg

What kind of backup does the byteball create? What file name, where is the default location etc.