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Author Topic: BYTEBALL: Totally new consensus algorithm + private untraceable payments  (Read 1106181 times)
tonych
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June 23, 2018, 01:02:43 AM
Merited by LoyceV (5)
 #19501

Today is a big day for blackbytes: now they can be sent to anyone, even if they are not in Byteball yet, no pairing required.

https://medium.com/byteball/private-textcoins-6a2288d80757



This is part of version 2.3 released today https://github.com/byteball/byteball/releases

* Blackbytes and other private assets can now be sent as textcoins.  Private textcoins are files with .coin suffix, they can be sent over email, chat apps, or using a USB stick.  The file contains the mnemonic, which allows to derive the private key, and private payloads together with their entire history, this is exactly the history which is *not* posted to the public DAG.  Double-clicking the .coin file opens the app and starts claiming the textcoin (it can take a while as a long history needs to be validated), the file can be also drag-n-dropped to the app.
* Ability to sign arbitrary message to prove one's address.  The signer doesn't need to have any bytes.  The text to be signed is offered in chat, the signer clicks it and signs.
* Ability to spend unconfirmed funds.  It will be enabled in the validating code at MCI 2909000 but standard wallets will not be able to select unconfirmed coins as inputs until the next update.  Developer projects such as BIoT (which uses payment channels for streaming payments between IoT devices) can immediately take advantage of this update.  It is a breaking change, all full nodes will have to upgrade.
* Extensions of smart contract language. It is a breaking change, all full nodes will have to upgrade.
* Fixes in determining finality of transactions.  It is a breaking change, all full nodes will have to upgrade.
* Fixes in multi-send feature on non-US locale.
* Fixed the display of confirmation message when posting data (data feeds, attestations, etc) from a multi-sig wallet.  Now the message includes the data being posted.
* Multiple small bugfixes

This is a mandatory update for all full nodes (both GUI and headless).

Simplicity is beauty
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June 23, 2018, 01:03:37 AM
 #19502

Great to see the latest update.
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June 23, 2018, 04:01:28 AM
 #19503

Blackbytes Bytes Exchange BEEB is offering you 1,000,000 Bytes!

Trade BlackBytes on BEEB! - https://beeb-bot.com



Note: the following link can be claimed only once.

Here is your link to receive 1,000,000 Bytes: https://www.beeb-bot.com/textcoinclaim.php#textcoin?negative-present-hair-retreat-second-novel-enjoy-explain-soda-lobster-ozone-hedgehog


Binary trading with Byteball Bytes https://www.binaryballs.com -  Byteball payment gateway for web merchants https://byteball-for-merchants.com/ - BEEB  (Blackbytes Exchange Bot): https://www.beeb-bot.com/ - Network map, stats, Top Richests and Byteball world map at https://byteball.fr/ -
Hub operator featuring the cashback witness https://byteball-cashback-witness.com - Doubtfull Byteball fan.
bunchakhongmz999
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June 23, 2018, 08:53:37 AM
 #19504

Do anyone know that  when distribution rounds will be ended?
I want to know seriously
BitcoinArsenal
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June 23, 2018, 11:10:45 AM
 #19505

Do anyone know that  when distribution rounds will be ended?
I want to know seriously

Which distribution rounds do you mean? If you mean the rounds where you got coins for holding Bytes then this distribution is already over since a couple of months. Currently there are several campaigns for receiving Bytes like inviting friends, crunching tasks by providing processing power, receiving cash back of Bytes for purchases and doing an identification on Byteball dag.



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June 23, 2018, 11:26:45 AM
 #19506

@tony: When can we expect to get the next payment for WCG campaign? Thanks!
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June 23, 2018, 01:54:20 PM
 #19507

Today is a big day for blackbytes: now they can be sent to anyone, even if they are not in Byteball yet, no pairing required.

https://medium.com/byteball/private-textcoins-6a2288d80757



This is part of version 2.3 released today https://github.com/byteball/byteball/releases

* Blackbytes and other private assets can now be sent as textcoins.  Private textcoins are files with .coin suffix, they can be sent over email, chat apps, or using a USB stick.  The file contains the mnemonic, which allows to derive the private key, and private payloads together with their entire history, this is exactly the history which is *not* posted to the public DAG.  Double-clicking the .coin file opens the app and starts claiming the textcoin (it can take a while as a long history needs to be validated), the file can be also drag-n-dropped to the app.
* Ability to sign arbitrary message to prove one's address.  The signer doesn't need to have any bytes.  The text to be signed is offered in chat, the signer clicks it and signs.
* Ability to spend unconfirmed funds.  It will be enabled in the validating code at MCI 2909000 but standard wallets will not be able to select unconfirmed coins as inputs until the next update.  Developer projects such as BIoT (which uses payment channels for streaming payments between IoT devices) can immediately take advantage of this update.  It is a breaking change, all full nodes will have to upgrade.
* Extensions of smart contract language. It is a breaking change, all full nodes will have to upgrade.
* Fixes in determining finality of transactions.  It is a breaking change, all full nodes will have to upgrade.
* Fixes in multi-send feature on non-US locale.
* Fixed the display of confirmation message when posting data (data feeds, attestations, etc) from a multi-sig wallet.  Now the message includes the data being posted.
* Multiple small bugfixes

This is a mandatory update for all full nodes (both GUI and headless).


nice one:) this is a big update Smiley

cheers for that, i need to take out my blackbytes from cold store Smiley



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Marc De Mesel
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June 23, 2018, 01:55:56 PM
 #19508

Hi guys, talked about Byteball adoption in Venezuela in my latest video  Cool

Starting at 11min: https://youtu.be/08Z1oBjF4ig?t=10m56s

Early Bitcoin, Byteball & Bitcoin Cash Investor. Loving Voluntarysm, Lambos & Girls Wink
Check out my: https://youtube.com/user/Marcdemesel - https://twitter.com/marcdemesel & https://instagram.com/marc_de_mesel
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June 23, 2018, 02:09:36 PM
 #19509

Send BB by file sounds cool, but lets say I send a payment to two people simultaneously because I'm a cheater.

Will they both be able to import the file with no problems and see it in their balance or only the first one while the other gets an error?

If they can both import it, then as soon as one of them spends it will the other one find out immediately (as soon as the wallet is synced) or only find out later when he tries to spend it too and gets an error?

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June 23, 2018, 02:51:22 PM
 #19510

How much space would a smart contract take when posted on the DAG? This would guarantee that it is never lost and allow recovery from seed even for non multisig wallets.

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June 23, 2018, 03:34:31 PM
 #19511

I would like to know what kind of cheating they are verifying since the information is very little or if they really plan to activate the bot service?.

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June 23, 2018, 04:35:04 PM
 #19512

Today is a big day for blackbytes: now they can be sent to anyone, even if they are not in Byteball yet, no pairing required.


This is a mandatory update for all full nodes (both GUI and headless).


Great! I thought it would be nice to have your public pgp key published somewhere and sig file for future Byteball releases to ensure our downloads are not compromised by someone else.



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June 23, 2018, 06:53:33 PM
 #19513

Today is a big day for blackbytes: now they can be sent to anyone, even if they are not in Byteball yet, no pairing required.

https://medium.com/byteball/private-textcoins-6a2288d80757
..

Great update tony.
Blackbytes are a wonderful and elegant solution for privacy and anonymity.
The solution is lightweight and flexible. Too bad that the adoption is progressing so slowly.
In principle, I would not mind staying under the radar, but the liquidity is so low.
Market capitalization is still ridiculous (currently around 12.3 million).
I hope the regulatory pressure leads to greater use. Anyway - very good work - thanks! Smiley
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June 23, 2018, 07:03:16 PM
 #19514

Today is a big day for blackbytes: now they can be sent to anyone, even if they are not in Byteball yet, no pairing required.


This is a mandatory update for all full nodes (both GUI and headless).

Yes, very great! Thank you for this nice blackbyte feature Smiley
Pairing device is not for everyone and with this textcoin gbb you solved this! nice

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June 23, 2018, 07:54:54 PM
 #19515

Today is a big day for blackbytes: now they can be sent to anyone, even if they are not in Byteball yet, no pairing required.
This is huge!
One question though (and I would test it myself, but don't want to upgrade yet): does the "black text coin" include bytes for the receiving party to be able to move the blackbytes to his wallet? If not, there's no use sending it to someone who doesn't use Byteball yet without adding a "normal" text coin.

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June 23, 2018, 10:15:53 PM
 #19516

Do anyone know that  when distribution rounds will be ended?
I want to know seriously

Which distribution rounds do you mean? If you mean the rounds where you got coins for holding Bytes then this distribution is already over since a couple of months. Currently there are several campaigns for receiving Bytes like inviting friends, crunching tasks by providing processing power, receiving cash back of Bytes for purchases and doing an identification on Byteball dag.

Couple of months back? I think the last distribution was in November 2017, almost 8 months back.
If you are talking about crunching tasks on WCG, that distribution has been paused as well (although that has more to do with WCG's privacy policy than Byteball).


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eerygarden
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June 24, 2018, 03:53:22 AM
 #19517

Does the reward arrive in one year? Or do we still getting the bytes but with the difference of we can’t withdraw?


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Xantrax
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June 24, 2018, 05:08:34 AM
 #19518

The smart contract will have the 12 and 20$ in bytes at the time of creation right? So people could benefit if the price goes up in that year

.ARAW.
The Decentralised
Payment
for E-Commerce Ecosystem
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dautay_crypto
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June 24, 2018, 06:47:14 AM
 #19519

Today is a big day for blackbytes: now they can be sent to anyone, even if they are not in Byteball yet, no pairing required.

https://medium.com/byteball/private-textcoins-6a2288d80757



This is part of version 2.3 released today https://github.com/byteball/byteball/releases

* Blackbytes and other private assets can now be sent as textcoins.  Private textcoins are files with .coin suffix, they can be sent over email, chat apps, or using a USB stick.  The file contains the mnemonic, which allows to derive the private key, and private payloads together with their entire history, this is exactly the history which is *not* posted to the public DAG.  Double-clicking the .coin file opens the app and starts claiming the textcoin (it can take a while as a long history needs to be validated), the file can be also drag-n-dropped to the app.
* Ability to sign arbitrary message to prove one's address.  The signer doesn't need to have any bytes.  The text to be signed is offered in chat, the signer clicks it and signs.
* Ability to spend unconfirmed funds.  It will be enabled in the validating code at MCI 2909000 but standard wallets will not be able to select unconfirmed coins as inputs until the next update.  Developer projects such as BIoT (which uses payment channels for streaming payments between IoT devices) can immediately take advantage of this update.  It is a breaking change, all full nodes will have to upgrade.
* Extensions of smart contract language. It is a breaking change, all full nodes will have to upgrade.
* Fixes in determining finality of transactions.  It is a breaking change, all full nodes will have to upgrade.
* Fixes in multi-send feature on non-US locale.
* Fixed the display of confirmation message when posting data (data feeds, attestations, etc) from a multi-sig wallet.  Now the message includes the data being posted.
* Multiple small bugfixes

This is a mandatory update for all full nodes (both GUI and headless).

Much great news for Byteball community!
Blackbytes might be used more widenly with this new feature.
In addition, Byteball has also fallen to its low range.
Time to buy and hold!
tonych
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June 24, 2018, 10:19:14 AM
 #19520

Send BB by file sounds cool, but lets say I send a payment to two people simultaneously because I'm a cheater.

Will they both be able to import the file with no problems and see it in their balance or only the first one while the other gets an error?

If they can both import it, then as soon as one of them spends it will the other one find out immediately (as soon as the wallet is synced) or only find out later when he tries to spend it too and gets an error?

Of course only the first one will be able to claim the textcoins, the other will get an error when he tries.

Simplicity is beauty
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