Obyte: Totally new consensus algorithm + private untraceable payments

[jbreher]

Check BitCore(BTX) ! It’s the future!
World record- check what is it about!?

This is the Byteball thread. Go peddle your shitcoin elsewhere.

BTW, if you are still crowing about your supposed 'world record' sized 3MB block, you should just shut the F up. Bitcoin Cash mined a 7.995 MB block within the first few days of its existence.

Now how about them GBYTEs?

edit: jeeze. I guess I was in a bad mood when I posted that. Sorry for the aggression.

[jwinterm]

Hi I am new to Byteball and hear because it looks like best of DAG and is actually functional. I am about to try sending through the alternative crypto to byte bot and after I do so I am wondering what is the best way to secure my coins? I see a paper wallet import but dont know how to export private keys or secure it by any other means. Can someone help me while I get myself acquainted?

You could create 2 multisig wallets on 2 different devices with a 1-2 rule. So if you lose one of the 2 devices, the other can still manage your bytes.

Ok but if computer crashes and I lose my phone then im SOL? The idea of having something on paper or usb I can restore from is really appealing to me if Im gonna take a position in a crypto.

edit: Im unsure if this difference in extra security available by downloading full desktop client?

Also, could someone tell me the current DAG size so I know what to expect?

You don't need full client.
For security, write down the seeds of your wallets. They are sufficient to recover any bytes that are not stored on a smart-contract.

I think this is technically correct, but slightly misleading, as black bytes are not recoverable by seed, and require a full backup.

[SenseiSan]

I've heard you can link wallets on different devices, where would I find more information about that?

[Michail1]

Hi I am new to Byteball and hear because it looks like best of DAG and is actually functional. I am about to try sending through the alternative crypto to byte bot and after I do so I am wondering what is the best way to secure my coins? I see a paper wallet import but dont know how to export private keys or secure it by any other means. Can someone help me while I get myself acquainted?

You 'could' also do a Full backup and store the encrypted file on an ecypted thumb drive.
You 'could' also do a backup of the SEED and restore later.

All very true but you must give them what they want. They don't want to pay 250 bucks per gbyte they want to pay 0.25 bucks per megabyte so why not let them have what they want so they dont support competing projects who will give them what they want.

I would say let them have  mega deal and just do it in bytes its obviously cheaper and better value so  why argue with the masses who want it.... let them have what they want will you.
...
To be super serious though.... let's have vote on the change to megabytes or even bytes ... this isn;t a dictatorship with one person holding all the cards and making all the decisions is it?

I would vote against.
It would go along the same lines of saying we should rename Bitcoin to mBitcoin in order to get the price to appear closer to an affordable number.
If people saw MByte and you even got all the exchanges to change, then people would just remember it being worth $250 and now only $0.25 - Looks like a big fail.
- Same as if Bitcoin was renamed to drop it from $17000 to $170.   The 'people' would think bitcoin crashed.  heh.

Check BitCore(BTX) ! It’s the future!
Good team!
Nice community!
World record- check what is it about!?

World record?   Uhhh, I checked and it's lost 80% of it's value in the last month.  20% today alone.  Future not so bright currently, but I thank them for the free coins.  I haven't dumped then yet, but should have.



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Here is your link to receive 0.001 GB: https://byteball.org/openapp.html#textcoin?argue-asset-piece-agree-bridge-hair-ten-nest-actress-couple-lock-gravity

[hanspeter77]

hello
my GB are lost have not save my wallet, butt have save my seed shit happen i have overwright it damn it.
butt there was only 0.5 gb.

[Michail1]

hello
my GB are lost have not save my wallet, butt have save my seed shit happen i have overwright it damn it.
butt there was only 0.5 gb.

if you have your seed, then you haven't lost your GB.  Just do a restore.




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Here is your link to receive 0.001 GB: https://byteball.org/openapp.html#textcoin?argue-asset-piece-agree-bridge-hair-ten-nest-actress-couple-lock-gravity

[maco144]

That was quite easy to initiate chat transfer from alt to byte. Thanks for earlier help on methods to secure. I hope to accumulate more while price is low but dont see how this coin isnt being more widely used given it has sports betting, p2p private, and easy alt-to-alt changes.

[hanspeter77]

hello
my GB are lost have not save my wallet, butt have save my seed shit happen i have overwright it damn it.
butt there was only 0.5 gb.

if you have your seed, then you haven't lost your GB.  Just do a restore.




-------------------
Here is your link to receive 0.001 GB: https://byteball.org/openapp.html#textcoin?argue-asset-piece-agree-bridge-hair-ten-nest-actress-couple-lock-gravity

thanks for you replay
yeah butt i have delete my seed damn it
you think byteball is an great projekt?

[antonioasmoura]

One question guys. The whole chain/dag is saved/stored in MySQL/SQLite ?

[Freefactomizer]

One question guys. The whole chain/dag is saved/stored in MySQL/SQLite ?

On a full wallet, yes.

[antonioasmoura]

One question guys. The whole chain/dag is saved/stored in MySQL/SQLite ?

On a full wallet, yes.

And this scale ? Any other crypto that runs their core in MySQL ? Any example, even in Blockchain ?

[Michail1]

thanks for you replay
yeah butt i have delete my seed damn it
you think byteball is an great projekt?

So, you deleted the wallet from your computer AND the seed?
- Then yes, it's all gone.  No possible way to recover if you deleted the wallet, the seed, and any backups.

Yes, I think it's a great project.

One question guys. The whole chain/dag is saved/stored in MySQL/SQLite ?

On a full wallet, yes.

And this scale ? Any other crypto that runs their core in MySQL ? Any example, even in Blockchain ?

So far, yes.  No other crypto that I know of.



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Here is your link to receive 0.0015 GB: https://byteball.org/openapp.html#textcoin?wrap-silk-useful-heart-jaguar-alarm-saddle-whip-virtual-allow-magnet-lock

[ByteFan]

thanks for you replay
yeah butt i have delete my seed damn it
you think byteball is an great projekt?

So, you deleted the wallet from your computer AND the seed?
- Then yes, it's all gone.  No possible way to recover if you deleted the wallet, the seed, and any backups.

Yes, I think it's a great project.

One question guys. The whole chain/dag is saved/stored in MySQL/SQLite ?

On a full wallet, yes.

And this scale ? Any other crypto that runs their core in MySQL ? Any example, even in Blockchain ?

So far, yes.  No other crypto that I know of.



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Here is your link to receive 0.0015 GB: https://byteball.org/openapp.html#textcoin?wrap-silk-useful-heart-jaguar-alarm-saddle-whip-virtual-allow-magnet-lock

https://sqlite.org/limits.html

"The largest possible setting for SQLITE_MAX_PAGE_COUNT is 2147483646. When used with the maximum page size of 65536, this gives a maximum SQLite database size of about 140 terabytes."

[NorrisK]

Transition bot has been working perferctly again! Managed to link my bitcoin that got send to a change address

Looking forward to the next developments!

[lxxmng]

Hi guys - just started to play with GBYTEs - can anyone send me a texcoin in private msg to see how its working with further distribution/payments

Thanks!

[Michail1]

Transition bot has been working perferctly again! Managed to link my bitcoin that got send to a change address

Looking forward to the next developments!

Awesome.   But, just so you know, you could always just send all your coins to the linked address right before the airdrop (enough time for them to confirm first).
Next drop isn't for months, so you had plenty of time, but practice is good too.

Hi guys - just started to play with GBYTEs - can anyone send me a texcoin in private msg to see how its working with further distribution/payments

Thanks!

---------------
Here is your link to receive 0.001 GB: https://byteball.org/openapp.html#textcoin?rather-expand-patient-later-organ-high-rough-snake-estate-install-hazard-poem

[antonioasmoura]

I was reading more about Byteball. It looks pretty centralized.  Any plans to remove the `Witness` concept to another consesus way?

[tonych]

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[ByteFan]

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Here is your link to receive 1,000,000 Bytes: https://byteball.org/openapp.html#textcoin?medal-choice-donkey-dash-hobby-panel-chat-end-bus-crew-allow-bundle

[fulcare]

I was reading more about Byteball. It looks pretty centralized.   Any plans to remove the `Witness` concept to another consesus way?

Wouldn't the degree of centralization that you dislike apply to many coins working with masternodes?