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Author Topic: BYTEBALL: Totally new consensus algorithm + private untraceable payments  (Read 1106280 times)
tonych
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December 09, 2016, 06:49:07 PM
 #1561

Already watching this address.  Looks like it is Bittrex hot wallet but I'm not sure https://www.walletexplorer.com/wallet/015a002330a8624a?from_address=13vHWR3iLsHeYwT42RnuKYNBoVPrKKZgRv.
If somebody did withdrawals from Bittrex and can find this address in history, please confirm.

I confirm, this is Bittrex hot wallet address. As soon as I saw it here, it looked familiar, and I have checked, and indeed some (in fact - most) of my recent withdrawals from Bittrex were sent from that address.

Thanks, removed this address.



If you link the same Bitcoin address to another Byteball address, the old link is currently removed.  We could blacklist such Bitcoin addresses altogether (i.e. if different Byteball addresses try to link to them) but this might negatively affect blockchain.info users who have constant address by default as far as I know (correct me if I'm wrong).

There can be a simple strict rule - if some address was linked more than once, just block it and have bot report it, so if a legit owner is trying to link it, he could move his coins to another address and link that one.
That will automatically rule out exchange wallets, as there always will be more than one cheater.

Now repeated attempts to link the same Bitcoin address will automatically blacklist this address.

Yes, signed message cannot be abused easily.

This part below is mostly IMHO Smiley
Frankly speaking, I believe having only signature way of linking the Bitcoin address would be just enough. This microtracsaction method only messes things up. If user does not know how to sign, he could learn. If his wallet does not have signing capability, he can move his Bitcoins to a wallet which has that capability. This could be a good reason for someone to educate himself, and prove he really wants to have Byteball! Kind of a PoW - "proof of work", "proof of willingness", "proof of worthiness"  Grin

Well, the Bitcoin community is not all tech savvy people now, and the learning curve might prove too steep.  
Now that we have wallets with good design and good UX, forcing people to switch from Copay to Mycelium would be a step backwards, IMHO.
And lastly, signed message doesn't work for multisig addresses.

Simplicity is beauty
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tonych
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December 09, 2016, 06:53:51 PM
 #1562

should us prouv bbs balance for next round ? or claimers are listed and get airdrop bonus auto ?

Auto.  Your Byteball address is already known, and the balance of this address counts for the 2nd round.  You might only have to move funds within your wallet to this address.

Simplicity is beauty
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December 09, 2016, 07:18:13 PM
 #1563

Why would lowering the micropayment be riskier than with the current micropayments? (because they would be easily spotted?)

Because the attack would become cheaper, hence worthwhile.

mmmm, in my opinion the attack is already worthwhile, anyway such an attack won't succeed unless the attackee is not vigilant and doesn't double check their address (as the bot instructs them), so why not lower it if it permits to filter out exchanges addresses at the detection process (not requiring you to check suspect addresses)?

People do make mistakes, and having to be overly vigilant scares them off.  I'd rather have a more comfortable environment for the entire process.
The attacker's ROI depends on 3 factors:
- % of people who do not check that the address is theirs after receiving a second notification "Received your payment from ..." (the attacker's microtransaction is almost certainly later than the legitimate one)
- average balance of such users
- cost of attacking, which is the average amount of the microtransaction
By lowering the cost, we turn the ROI at some point from negative to positive.

Simplicity is beauty
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December 09, 2016, 07:19:16 PM
 #1564

Any rough statistics of how many users will be connecting their BTC to Bytball address?

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December 09, 2016, 08:56:19 PM
 #1565

Good news: as soon as Bytes and Blackbytes are distributed, otc trading at the #trading channel on slack can start! Famous Yassinnxt will act as an escrow  Smiley

Get your invite to the Byteball slack here:
http://slack.byteball.org
i can confirm!!  Grin Cool Cool





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tonych
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December 09, 2016, 09:18:42 PM
 #1566

Any rough statistics of how many users will be connecting their BTC to Bytball address?

http://transition.byteball.org/

Simplicity is beauty
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December 09, 2016, 09:35:08 PM
 #1567

Good news: as soon as Bytes and Blackbytes are distributed, otc trading at the #trading channel on slack can start! Famous Yassinnxt will act as an escrow  Smiley

Get your invite to the Byteball slack here:
http://slack.byteball.org
i can confirm!!  Grin Cool Cool

Nice to have you here Yassin! Smiley
I have never dealt with you personally, but it is a pleasure to have such positive and helpful people like you around!  Cool

... this space is not for rent ...
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December 09, 2016, 09:41:57 PM
 #1568

i try to link my btc add with my bb wallet by signing but bot said sign is wrong..i yet sign with bb add+my btc add and send message at bot..i dont understand why it not work..i work with elecrum.like this :

You need to paste your BB address only in the message field (top field)
and your BTC address in the address field (middle field)
Then press "sign" and you'll get signature (bottom field)
Copy this signature and send it to the bot
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December 09, 2016, 09:57:03 PM
 #1569

i try to link my btc add with my bb wallet by signing but bot said sign is wrong..i yet sign with bb add+my btc add and send message at bot..i dont understand why it not work..i work with elecrum.like this :

You need to paste your BB address only in the message field (top field)
and your BTC address in the address field (middle field)
Then press "sign" and you'll get signature (bottom field)
Copy this signature and send it to the bot


yeah i do a mistake  Grin THX

for electrum users yu must process like this for singning message :

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December 09, 2016, 10:00:44 PM
 #1570

Current transition rate is 0.0879991356076 BTC per Gigabyte  Cool

we can interrogated bot..what are the fonctions pls ?
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December 09, 2016, 10:23:39 PM
 #1571

Just signed my addresses and it was much easier than I expected. Google is your friend guys.


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December 09, 2016, 10:26:55 PM
 #1572

great work hermesesus

what about a tutorial for Ledger Wallet (HW.1, Nano), anyone?

Unfortunately, it is not possible yet to sign a message with a Ledger Wallet and its Chrome app
The "sign a message" feature is in development (roadmap: https://trello.com/c/xMK8hj9r)

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December 09, 2016, 11:07:28 PM
 #1573

How to make a safe backup of the wallet?

The text in the wallet warns that saving the seed is not enough. See image below.

 

Is that correct? If so, where is the data directory to save?

1.) Search %APPDATA% if on Windows.

2.) Navigate to "local" folder.

3.) Copy and paste byteball folder. (DO NOT DELETE OR MOVE IT.)

4.) Place the byteball folder in selected backup location with the paste function.

 Cool

what about the main folder in c:programs , should it be backed up as well ?

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December 09, 2016, 11:08:26 PM
 #1574

How to make a safe backup of the wallet?

The text in the wallet warns that saving the seed is not enough. See image below.

 

Is that correct? If so, where is the data directory to save?

1.) Search %APPDATA% if on Windows.

2.) Navigate to "local" folder.

3.) Copy and paste byteball folder. (DO NOT DELETE OR MOVE IT.)

4.) Place the byteball folder in selected backup location with the paste function.

 Cool

what about the main folder in c:programs , should it be backed up as well ?

Yes I would back it all up just for safety.

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December 10, 2016, 12:06:24 AM
 #1575

Any rough statistics of how many users will be connecting their BTC to Bytball address?

http://transition.byteball.org/

looks like some big fishes linked their BTC. Do we have a count how much BTCs are already linked?
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December 10, 2016, 12:38:27 AM
 #1576

Any rough statistics of how many users will be connecting their BTC to Bytball address?

http://transition.byteball.org/

looks like some big fishes linked their BTC. Do we have a count how much BTCs are already linked?

Currently there are 8706.44455897 BTC that you can find on top of the statistic page.
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December 10, 2016, 01:34:58 AM
 #1577

Is it possible to use different BB address for every BTC address? I tried generating new BB address and bot still asks to sign previous one.

Thanks
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December 10, 2016, 05:36:57 AM
 #1578

Can you link your btc address now and then empty that address or it needs to be btc filled till 24.12?

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December 10, 2016, 06:42:23 AM
 #1579

This already can get in android versions or only on the desktop

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December 10, 2016, 07:10:54 AM
 #1580

Can you link your btc address now and then empty that address or it needs to be btc filled till 24.12?

The bitcoin snapshot will be taken on the first block on or after dec-25 00:00:00 UTC, at that point in time you should have bitcoins in your linked address!  Wink

Follow me on twitter for the latest news on bitcoin and altcoins and I'll follow you back the same day!
Byteball - Smart payments made simple
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