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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1216194 times)
dave_bbp
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December 23, 2018, 02:25:10 PM
 #21301


Which thousands of people are you talking about? There are around 500 accounts mining for WCG and most of them are pools where the people will never see their bytes or WCG points asset on Byteball (non-transferable), they probably don't even know they would get anything if mined individually. Point of WCG was not to make profit, it's about contributing to something positive like you said. https://wcg.report/

It has been just 2 weeks and there are already more addresses (not users) on draw distribution than there was on WCG http://draw.byteball.org/
"private untracable" is only the blackbytes asset, which are distributed to newsletter subscribers and draw winners at the moment.

That maybe so, but the WCG users are probably NEW Byteball users (which is the actual purpose of a coin distribution ...), whereas the people registering for the lottery are exclusively ALREADY EXISTING Byteball users, which doesn't help the coin at all.

Again, try to keep up, the rules for draw lottery have fine-tuned after every week draw (un-attested small holders still have dis-advantage). Latest rules are these, which will increase the chances for other un-attested users again:

New rules for the next draw scheduled for Friday Dec 28:

1.  Steem attestations with reputation over 60 are now also accepted along with real name attestations.  There are only about 3000 Steem users with such high reputation, and many of them have a significant social following.  The idea is that it'll help to build referral networks, attract smaller holders, and dilute the whales.

2. The draw has been criticized by both whales who think they are punished with the points system, and by smaller holders who see a large share of points still going to whales.  Now the draw is split in two:
- one is based on balances, just balances, no points.  The winner will be named Prince of Whales.
- the other is based on points as before, with rules further adjusted in favor of smaller holders (see below).  The winner will be named King of Goldfish (suggestions about a better name are welcome).
The prize fund is split in two: 100 GB for the Prince of Whales and 100 GB for the King of of Goldfish but each participant automatically participates in both draws and can win in each of them (even in both at the same time).  Now there can be two referrers, one for the Prince of Whales and one for the King of Goldfish, each receives 100 GB and 211.11 GBB.

3. The new rules for calculating points with the second threshold lowered from 1000 GB to 100 GB:
* Real-name attested addresses get 1 point per GB of balance up to 10 GB, plus 0.1 point for each GB between 10 GB and 100 GB, plus 0.01 point for each GB above 100 GB.
* Unattested addresses get 0.01 point per GB of balance.
* 0.1 point is awarded for each GB of balance increase over the maximum balance in the previous draws, up to a 2x increase.
* 0.2 point is deducted for each GB of balance decrease since the previous draw.

Say what? 1% is an "increased chance"? Cheesy
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December 23, 2018, 04:53:58 PM
Last edit: December 24, 2018, 04:28:23 PM by tarmo888
 #21302

That maybe so, but the WCG users are probably NEW Byteball users (which is the actual purpose of a coin distribution ...), whereas the people registering for the lottery are exclusively ALREADY EXISTING Byteball users, which doesn't help the coin at all.

Probably, but most likely not. Hard to tell if most of them are in a pool anyways and maybe don't even know that Byteball exists. So, the pools doesn't fill the purpose of this distribution and that has been the main reason for the rule change.

Say what? 1% is an "increased chance"? Cheesy

That is for the point base draw and only up to 10 GB, that is not counted in balance based draw. There are now 2 draws, 100 GB and 211.11 GBB for the Prince of Whales (balance based) and 100 GB and 211.11 GBB for the King of of Goldfish (points based). Each of both draw's referrer will also get 100 GB and 211.11 GBB, so maximum is 4 x (100 GB and 211.11 GBB), but so far no referrer has been lucky yet, I guess not enough referrers. This is how the point rules (not balances draw) for attested and un-attested have changed:

* Real-name attested addresses get 1 point per GB of balance up to 10 GB, plus 0.1 point for each GB between 10 GB and 100 GB, plus 0.01 point for each GB above 100 GB.
* Unattested addresses get 0.01 point per GB of balance.
* Real-name attested addresses get 1 point per GB of balance up to 10 GB, plus 0.1 point for each GB between 10 GB and 1000 GB, plus 0.01 point for each GB above 1000 GB.
* Unattested addresses get 0.01 point per GB of balance.
* Real-name attested addresses get 1 point per GB of balance up to 10 GB and additionally 0.1 point for each GB above that.
* Unattested addresses get 0.1 point per GB of balance.
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December 25, 2018, 12:20:06 PM
Merited by LoyceV (1)
 #21303

Happy Birthday Byteball!!
CryptoRobert
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December 27, 2018, 01:26:50 PM
 #21304

I've read that the bytes-blackbytes bot exchange is going to close in days. How to get back the bytes you have parked in a smart wallet, bound to a contract with that bot?

  ━━━━━━━━━━━━ ━━━━━━━ ━━━ ━━ ━
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In Partnership With

 
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QueenOfCrypto
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December 27, 2018, 02:13:05 PM
 #21305

I've moved some bytes within my wallet and I've noticed that after 15 minutes still the transaction did not fully confirm. I had never noticed that it takes so long. Which is the average confirmation time before the transferred coins become available?
nhathongkehoc
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December 28, 2018, 03:28:32 AM
 #21306

I've moved some bytes within my wallet and I've noticed that after 15 minutes still the transaction did not fully confirm. I had never noticed that it takes so long. Which is the average confirmation time before the transferred coins become available?
Really, network congestions?
Personally, I have had very good experience with Byteball transactions.
I moved my Byteball so many times from windows wallet to Bittrex, it takes only seconds to appear on explorer.
I don't know what has actually happened recently with your transaction.
doedz
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December 28, 2018, 03:33:39 AM
 #21307

Happy Birthday Byteball!!

oh wow I just found out that December 25 is the birthday of BytBall, Congrast GBYTE!
Maybe the party will continue until the beginning of the new year 2019. yeaaah!

I hope you will continue to be consistent in the world of cryptocurrency because many of my friends who are HODL GBYTE in Bittrex.

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tonych
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December 28, 2018, 03:44:02 PM
 #21308

New rules for the next draw scheduled for Friday Dec 28:

1.  Steem attestations with reputation over 60 are now also accepted along with real name attestations.  There are only about 3000 Steem users with such high reputation, and many of them have a significant social following.  The idea is that it'll help to build referral networks, attract smaller holders, and dilute the whales.

2. The draw has been criticized by both whales who think they are punished with the points system, and by smaller holders who see a large share of points still going to whales.  Now the draw is split in two:
- one is based on balances, just balances, no points.  The winner will be named Prince of Whales.
- the other is based on points as before, with rules further adjusted in favor of smaller holders (see below).  The winner will be named King of Goldfish (suggestions about a better name are welcome).
The prize fund is split in two: 100 GB for the Prince of Whales and 100 GB for the King of of Goldfish but each participant automatically participates in both draws and can win in each of them (even in both at the same time).  Now there can be two referrers, one for the Prince of Whales and one for the King of Goldfish, each receives 100 GB and 211.11 GBB.

3. The new rules for calculating points with the second threshold lowered from 1000 GB to 100 GB:
* Real-name attested addresses get 1 point per GB of balance up to 10 GB, plus 0.1 point for each GB between 10 GB and 100 GB, plus 0.01 point for each GB above 100 GB.
* Unattested addresses get 0.01 point per GB of balance.
* 0.1 point is awarded for each GB of balance increase over the maximum balance in the previous draws, up to a 2x increase.
* 0.2 point is deducted for each GB of balance decrease since the previous draw.


The rules for the next draw are the same.

Simplicity is beauty
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December 28, 2018, 04:09:48 PM
 #21309

Happy Birthday Byteball!!

2 years!
It is a long journey for Byteball and all team members.
The project has witnessed so many important period of the crypto world, sometimes up, sometimes down.
Fortunately, in general Byteball team has grown well over the last 2 years.
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December 28, 2018, 06:07:22 PM
 #21310

I've read that the bytes-blackbytes bot exchange is going to close in days. How to get back the bytes you have parked in a smart wallet, bound to a contract with that bot?

http://freebe.byte-ball.com/

check FAQ

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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December 30, 2018, 01:02:31 PM
 #21311

Hi, help me understand please:

I have a main wallet. I can export its private key through the wallet seed.

I also have a smart wallet created with the Steem Attestation Bot. There are money that I can’t spend until the conditions of the smart contract (1 year of freezing).

My question is:
Does this smart wallet have its own private key? How can I export it separately? (Smart wallet seed?) Do I own the address of the smart wallet that Steem Attestation Bot created?

PS
I know that I can make a full backup copy. The question is not about this now.
I know that money earlier than the terms of the contract will not be fulfilled. Smiley

Thanks for answers.
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December 30, 2018, 01:19:22 PM
 #21312

It would be cool to add a reward in bytes of Byteball to the winners of the CodeBall 2018 competition.

This competition gives you an opportunity to test your programming skills, by creating an artificial intelligence (strategy) controlling a team of robots in a special world (you can learn about details of the CodeBall 2018 world in later sections). In different stages of the contest your team will consist of 2 or 3 robots, and using nitro may or may not be available. All robots have same parameters and are spheres, initial location is guaranteed to be symmetrical. There is also a ball in the game.

http://russianaicup.ru/p/CodeBall?locale=en

The championship has a history since 2012, the average annual number of participants is 2,000 people. The organizers are Mail.Ru Group and Codeforces. Participants implement game strategies (bots) that fight each other in the virtual world. Both professional and novice programmers are invited to participate in the competition. The best receive valuable gifts.

Byteball platform needs PR
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December 30, 2018, 08:31:11 PM
 #21313

Hi, help me understand please:

I have a main wallet. I can export its private key through the wallet seed.

I also have a smart wallet created with the Steem Attestation Bot. There are money that I can’t spend until the conditions of the smart contract (1 year of freezing).

My question is:
Does this smart wallet have its own private key? How can I export it separately? (Smart wallet seed?) Do I own the address of the smart wallet that Steem Attestation Bot created?

PS
I know that I can make a full backup copy. The question is not about this now.
I know that money earlier than the terms of the contract will not be fulfilled. Smiley

Thanks for answers.

Smart-contracts (until they are not spent), contacts, private attestation profile data are all private data and only stored in your wallet, so it can't be backed up with seed words, but only with full backup.

Seed words (user friendly version of private key) can restore only data that is on public DAG. When you create a smart-contract then the contract definition is only stored in wallet of both participant side. The definition is posted to DAG only when either side spends from that smart-contract because that's when other nodes need to validated if the transaction is valid.

So, it doesn't have separate private key and cannot be exported separately, it just doesn't have all the public data in DAG when created. Restore from full backup and create full backups after every time you create a smart-contract/multi-sig/attestation that you can't afford to lose.
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December 30, 2018, 08:53:33 PM
 #21314

New rules for the next draw scheduled for Friday Dec 28:

1.  Steem attestations with reputation over 60 are now also accepted along with real name attestations.  There are only about 3000 Steem users with such high reputation, and many of them have a significant social following.  The idea is that it'll help to build referral networks, attract smaller holders, and dilute the whales.

2. The draw has been criticized by both whales who think they are punished with the points system, and by smaller holders who see a large share of points still going to whales.  Now the draw is split in two:
- one is based on balances, just balances, no points.  The winner will be named Prince of Whales.
- the other is based on points as before, with rules further adjusted in favor of smaller holders (see below).  The winner will be named King of Goldfish (suggestions about a better name are welcome).
The prize fund is split in two: 100 GB for the Prince of Whales and 100 GB for the King of of Goldfish but each participant automatically participates in both draws and can win in each of them (even in both at the same time).  Now there can be two referrers, one for the Prince of Whales and one for the King of Goldfish, each receives 100 GB and 211.11 GBB.

3. The new rules for calculating points with the second threshold lowered from 1000 GB to 100 GB:
* Real-name attested addresses get 1 point per GB of balance up to 10 GB, plus 0.1 point for each GB between 10 GB and 100 GB, plus 0.01 point for each GB above 100 GB.
* Unattested addresses get 0.01 point per GB of balance.
* 0.1 point is awarded for each GB of balance increase over the maximum balance in the previous draws, up to a 2x increase.
* 0.2 point is deducted for each GB of balance decrease since the previous draw.


The rules for the next draw are the same.


Even though I am not a lottery fan, nor I am convinced it is a good idea to give up your anonimity for the hope of winning some coins, I must admit that the rules of the byteball lottery have been significally improved after the first few draws.

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December 30, 2018, 09:57:26 PM
 #21315

I've read that the bytes-blackbytes bot exchange is going to close in days. How to get back the bytes you have parked in a smart wallet, bound to a contract with that bot?

http://freebe.byte-ball.com/

check FAQ

Marc, I read on Twitter that you are planning to continue to run the Byteball <-> BlackByteball bot and to do so, you are looking for someone who can do the technical part. Did you find someone already? I think GBB is a great tech to stay anonymous it would be bad if there is no way to convert bytes and blackbytes to each other.


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.ZEST | I'D BET ON ZEST - GET FREE TOKENS.
altcoinb
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December 30, 2018, 10:00:50 PM
Merited by tyz (1)
 #21316

Marc, I read on Twitter that you are planning to continue to run the Byteball <-> BlackByteball bot and to do so, you are looking for someone who can do the technical part. Did you find someone already? I think GBB is a great tech to stay anonymous it would be bad if there is no way to convert bytes and blackbytes to each other.
He have found an investor and new owner for freebe  Wink

Quote from pxrunes (slack)
Quote
pxrunes [3:59 PM]
Dear users, Great news!
I have found an investor and new owner for freebe: Marc De Mesel‏.
In the coming weeks we will transfer all code and database to freebe’s new server.
Nothing will change for you (except for the new owner).
During the integration phase, the server might be offline for a few hours (I will announce this in advance).
In the coming weeks I will help the new team to support a frictionless transition.
I am very happy that we found a well-known and engaged new owner.
Thanks for all your support! I wish you a happy new year and great holidays!pxrunes
QueenOfCrypto
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December 30, 2018, 10:14:02 PM
 #21317

I've moved some bytes within my wallet and I've noticed that after 15 minutes still the transaction did not fully confirm. I had never noticed that it takes so long. Which is the average confirmation time before the transferred coins become available?
Really, network congestions?
Personally, I have had very good experience with Byteball transactions.
I moved my Byteball so many times from windows wallet to Bittrex, it takes only seconds to appear on explorer.
I don't know what has actually happened recently with your transaction.

Yes, it takes only seconds to appear also for me. But I'm speaking of the transaction being fully confirmed. I've noticed it can take up to 15 minutes or even a bit more. Not a problem at all, perhaps I had just never paid too much attention to that and it felt less.
nhathongkehoc
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December 31, 2018, 06:07:13 AM
 #21318

Good to know that it was fine for your transaction.
Yes, it takes only seconds to appear also for me.

Finally, I understood what you meant.
Quote
But I'm speaking of the transaction being fully confirmed.

Generally, Byteball network has done its works very well over time.
Quote
I've noticed it can take up to 15 minutes or even a bit more. Not a problem at all, perhaps I had just never paid too much attention to that and it felt less.
tyz
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January 01, 2019, 08:31:53 PM
 #21319

Awesome news, thanks for sharing! Could you please share the information here as soon as the new service is available since I am not member on Slack channel?

Marc, I read on Twitter that you are planning to continue to run the Byteball <-> BlackByteball bot and to do so, you are looking for someone who can do the technical part. Did you find someone already? I think GBB is a great tech to stay anonymous it would be bad if there is no way to convert bytes and blackbytes to each other.
He have found an investor and new owner for freebe  Wink

Quote from pxrunes (slack)
Quote
pxrunes [3:59 PM]
Dear users, Great news!
I have found an investor and new owner for freebe: Marc De Mesel‏.
In the coming weeks we will transfer all code and database to freebe’s new server.
Nothing will change for you (except for the new owner).
During the integration phase, the server might be offline for a few hours (I will announce this in advance).
In the coming weeks I will help the new team to support a frictionless transition.
I am very happy that we found a well-known and engaged new owner.
Thanks for all your support! I wish you a happy new year and great holidays!pxrunes


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.ZEST | I'D BET ON ZEST - GET FREE TOKENS.
tarmo888
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January 01, 2019, 09:11:30 PM
 #21320

Awesome news, thanks for sharing! Could you please share the information here as soon as the new service is available since I am not member on Slack channel?

Slack is not only source of news, there is Reddit, Twitter, Telegram, Facebook and newsletter too. Reddit and Twitter probably the best because conversations are properly threaded, so you won't miss the important stuff if you don't visit it every day.

And if you have Freebe bot already added then you should have got that news already via bot.
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