Obyte: Totally new consensus algorithm + private untraceable payments

[synthgauge]

Price is exploding. Lisk please dump now, I want to buy more but cheaper! Max be our friend :-)

I'm in contact with Lisk and ICONOMI and they are not going to sell any time soon.

What time frame are we talking about? Weeks, months, years?

Who is it this time? Aww its LiQio, the guy who owes me 50 dollarydoos. I will track u down man, and will get my money back it will cost me. U should fear me, dude --- as Im gonna go after ur ass once I get back to the town.

[tdk2]

thanks for 1.1.0 and a feature request:

I like to keep my cryptocoin data directories on an encrypted drive, so it would be nice if byteball was flexible in where it puts it's data directory.
A start paramater like bitcoin's -datadir=... would be just fine for a start.

Yeah thats nice but I guess you could always crate a symlink from ~/.config/byteball to where you want it to be, until the "feature-request" is fulfilled.

I would recommend this too.
If someone still wants to implement -datadir option, we accept pull requests in our github repo https://github.com/byteball/byteball.

I know, I should have mentioned this, but I'm on Windows... forget reliable symlinks there...

EDIT: tried it, it will read the data throug a link when first opened, but then write out data to the hard-coded %APPDATA%... again instead of through the link.

[kaicrypzen]

I transferred some blackbytes from my Android wallet; after a while, the transaction appeared in my history unconfirmed, and seconds after that, I got this error:



I was using 1.0.0 back then, so I quit the app and updated from the play store to the latest version, however I still get the error at the app start.

When I stop my phone's internet, I am able to access the app (for a while), I see the transaction as confirmed (6 hours ago) in the history, however, the blackbytes do not appear in my recepient device (which is in the latest version and synced).

[str4wm4n]

Shake out the weak hands! 

[tonych]

I transferred some blackbytes from my Android wallet; after a while, the transaction appeared in my history unconfirmed, and seconds after that, I got this error:



I was using 1.0.0 back then, so I quit the app and updated from the play store to the latest version, however I still get the error at the app start.

When I stop my phone's internet, I am able to access the app (for a while), I see the transaction as confirmed (6 hours ago) in the history, however, the blackbytes do not appear in my recepient device (which is in the latest version and synced).

This is a very weird error.
I've just published 1.1.1 to Google play, please update in a few hours.  The error will be just ignored, it won't crash the app.

[kola-schaar]

Nice update!   
Small error report: Byteball 1.1 on android mobile and WIN10
2 of 3 multidevice wallet
If I send a message from one (any) to another device and the chat window is not open this message appears:

 Klickin OK the App crashed..

[LiQio]

Price is exploding. Lisk please dump now, I want to buy more but cheaper! Max be our friend :-)

I'm in contact with Lisk and ICONOMI and they are not going to sell any time soon.

What time frame are we talking about? Weeks, months, years?

Who is it this time? Aww its LiQio, the guy who owes me 50 dollarydoos. I will track u down man, and will get my money back it will cost me. U should fear me, dude --- as Im gonna go after ur ass once I get back to the town.

Interesting, what for?

Question remains unanswered.

[tonych]

Nice update!   
Small error report: Byteball 1.1 on android mobile and WIN10
2 of 3 multidevice wallet
If I send a message from one (any) to another device and the chat window is not open this message appears:

 Klickin OK the App crashed..

Please upgrade to v1.1.1 https://github.com/byteball/byteball/releases

[crypt0hash]

Do the Black bytes play any role in the distribution cycles or is it strictly the white byteballs?

Nope, only red bytes. Green bytes do affect integrity of the code, but they're not as immune to interference as yellow bytes.

are you drunk or its just your colorblindness intensified

[crypt0hash]

sooner or later, byteball will become a top10 coin.
just need some exchange platform to support.

We have already several options for the trading of BB:

Is byteball a crypto? where can byteball be bought? what is the current price of each byteball? is it $29?

Yes it is'
yu can trade buy/sell BB on and in diffrent ways:
Byteball wallet , chat with the bot and set up your trade   https://github.com/byteball/byteball/releases.
http://slack.byteball.org
https://cryptox.pl

price:
https://coinmarketcap.com/currencies/byteball/

[ArabMist]

More than 30x difference.  BB GB price has a lot of upside.  People selling at 0.04 - 0.05 will be kicking themselves over the coming weeks.

I feel this too. So many upsides and if wallet makes use of TOR it could solve a lot of problems for a lot of people.  0.05 is cheap, think well easily see 0.2 inside of two months.

[bcmine]

We'll have our 2nd distribution round under the Full Moon, on 11th of February at 0:33 UTC.
We will probably follow the Full Moon calendar for future rounds too.

Bitcoin snapshot will be taken in the first block after the date.
Snapshot of Byteball database will be taken on exactly this date and will include only final transactions.

The transition bot is already working (find the link at https://byteball.org), chat with it to link your Bitcoin address and check the currently linked addresses and their balances.  If you participated in the 1st round, your linked addresses stay the same, you don't need to link again.

The distribution rules:

BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.1 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.21111 blackbytes

If you already hold bytes, please move them to one of the linked BB addresses (chat with the bot to learn what your linked addresses are) before the distribution date to receive your share of blackbytes.  This is a technicall necessity that follows from how blackbytes work: we need to send the private payloads to your device and we know only the device address of the linked BB address, not of any other BB address.  If you don't care about blackbbytes for some reason, you don't need to do anything.  If you didn't touch your bytes after the 1st round (i.e. didn't send or receive a single transaction), you also don't need to do anything since all your bytes are still on the linked address.

Blackbytes that remain undistributed because some people didn't move their bytes to the linked address, will be transferred to a development fund which will be used to pay for future promotion and development.

In this round and at the current market prices, bytes give you a much larger share in the distribution than Bitcoins.  For example, holding 1 GB gives you the same as holding 1.6 BTC:
1 GB -> 0.1 GB
1.6 BTC -> 1.6 * 0.0625 = 0.1 GB
This is one of the nice things about being an early adopter.

Chat with the bot to check the current status or link new Bitcoin addresses and don't forget to move your Bitcoins and Bytes to the linked addresses before the February Full Moon.

if i move my bytes to the address given me by the bot, arent my Byteballs somewhere else? how do i get access after moving my bytes?

[CryptKeeper]

We'll have our 2nd distribution round under the Full Moon, on 11th of February at 0:33 UTC.
We will probably follow the Full Moon calendar for future rounds too.

Bitcoin snapshot will be taken in the first block after the date.
Snapshot of Byteball database will be taken on exactly this date and will include only final transactions.

The transition bot is already working (find the link at https://byteball.org), chat with it to link your Bitcoin address and check the currently linked addresses and their balances.  If you participated in the 1st round, your linked addresses stay the same, you don't need to link again.

The distribution rules:

BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.1 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.21111 blackbytes

If you already hold bytes, please move them to one of the linked BB addresses (chat with the bot to learn what your linked addresses are) before the distribution date to receive your share of blackbytes.  This is a technicall necessity that follows from how blackbytes work: we need to send the private payloads to your device and we know only the device address of the linked BB address, not of any other BB address.  If you don't care about blackbbytes for some reason, you don't need to do anything.  If you didn't touch your bytes after the 1st round (i.e. didn't send or receive a single transaction), you also don't need to do anything since all your bytes are still on the linked address.

Blackbytes that remain undistributed because some people didn't move their bytes to the linked address, will be transferred to a development fund which will be used to pay for future promotion and development.

In this round and at the current market prices, bytes give you a much larger share in the distribution than Bitcoins.  For example, holding 1 GB gives you the same as holding 1.6 BTC:
1 GB -> 0.1 GB
1.6 BTC -> 1.6 * 0.0625 = 0.1 GB
This is one of the nice things about being an early adopter.

Chat with the bot to check the current status or link new Bitcoin addresses and don't forget to move your Bitcoins and Bytes to the linked addresses before the February Full Moon.

if i move my bytes to the address given me by the bot, arent my Byteballs somewhere else? how do i get access after moving my bytes?

No, it's your own address. To check that this is really your address, click on the cog wheel, then on 'Advanced', then 'Wallet Information'. If you scroll down, you'll see all your addresses.

[bcmine]

We'll have our 2nd distribution round under the Full Moon, on 11th of February at 0:33 UTC.
We will probably follow the Full Moon calendar for future rounds too.

Bitcoin snapshot will be taken in the first block after the date.
Snapshot of Byteball database will be taken on exactly this date and will include only final transactions.

The transition bot is already working (find the link at https://byteball.org), chat with it to link your Bitcoin address and check the currently linked addresses and their balances.  If you participated in the 1st round, your linked addresses stay the same, you don't need to link again.

The distribution rules:

BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.1 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.21111 blackbytes

If you already hold bytes, please move them to one of the linked BB addresses (chat with the bot to learn what your linked addresses are) before the distribution date to receive your share of blackbytes.  This is a technicall necessity that follows from how blackbytes work: we need to send the private payloads to your device and we know only the device address of the linked BB address, not of any other BB address.  If you don't care about blackbbytes for some reason, you don't need to do anything.  If you didn't touch your bytes after the 1st round (i.e. didn't send or receive a single transaction), you also don't need to do anything since all your bytes are still on the linked address.

Blackbytes that remain undistributed because some people didn't move their bytes to the linked address, will be transferred to a development fund which will be used to pay for future promotion and development.

In this round and at the current market prices, bytes give you a much larger share in the distribution than Bitcoins.  For example, holding 1 GB gives you the same as holding 1.6 BTC:
1 GB -> 0.1 GB
1.6 BTC -> 1.6 * 0.0625 = 0.1 GB
This is one of the nice things about being an early adopter.

Chat with the bot to check the current status or link new Bitcoin addresses and don't forget to move your Bitcoins and Bytes to the linked addresses before the February Full Moon.

if i move my bytes to the address given me by the bot, arent my Byteballs somewhere else? how do i get access after moving my bytes?

No, it's your own address. To check that this is really your address, click on the cog wheel, then on 'Advanced', then 'Wallet Information'. If you scroll down, you'll see all your addresses.

truth. thanks. do i have to use always different addresses for deposit? how does that work? sorry to ask if was already answered.

[healey]

Tonych: bitcoin is possibly flawed that the blocksize is not variable based on market supply and demand forces. Similarly Byteball presently mite have flaw that the Witness size (12) is not variable based on market supply and demand forces. So what about having a market set # of Witnesses?

[vlom]

sorry. but i lost track in this topic. what is blackbyte? do get a backbyte the same way you get bytes? or this this a clone of byteball?

[kola-schaar]

sorry. but i lost track in this topic. what is blackbyte? do get a backbyte the same way you get bytes? or this this a clone of byteball?

white paper page 3
„…Transactions in bytes (the base currency) in Byteball are equally visible, but there is a    second currency (blackbytes), which is significantly less traceable.“

Whats the nature of bytes and blackbytes in Byteball?

Please correct me if i'm wrong.
In my imagination bytes are more comparable to fuel.
It’s the currency to ensure the operation and the stability (health) of the network.
So the characteristics of bytes is more like gas (ETH or Ripple) and blackbytes are almost (in the broadest sense) like cash / (~XMR..).
-> Blackbytes are a layer of Bytes (as well as bank notes are a physical layer of a native currency).

Bytes correspond to the actual block size of your transaction, as a fee that you need to pay the network. Blackbytes are used similar to bytes, in the untraceable transactions, where network only records the tx hash, and you need to connect directly to the recipient in order to do the transactions.

....
The transition bot is already working (find the link at https://byteball.org), chat with it to link your Bitcoin address and check the currently linked addresses and their balances.  If you participated in the 1st round, your linked addresses stay the same, you don't need to link again.

The distribution rules:

BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.1 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.21111 blackbytes

If you already hold bytes, please move them to one of the linked BB addresses (chat with the bot to learn what your linked addresses are) before the distribution date to receive your share of blackbytes.  This is a technicall necessity that follows from how blackbytes work: we need to send the private payloads to your device and we know only the device address of the linked BB address, not of any other BB address.  If you don't care about blackbbytes for some reason, you don't need to do anything.  If you didn't touch your bytes after the 1st round (i.e. didn't send or receive a single transaction), you also don't need to do anything since all your bytes are still on the linked address.

Blackbytes that remain undistributed because some people didn't move their bytes to the linked address, will be transferred to a development fund which will be used to pay for future promotion and development.

In this round and at the current market prices, bytes give you a much larger share in the distribution than Bitcoins.  For example, holding 1 GB gives you the same as holding 1.6 BTC:
1 GB -> 0.1 GB
1.6 BTC -> 1.6 * 0.0625 = 0.1 GB
This is one of the nice things about being an early adopter.

Chat with the bot to check the current status or link new Bitcoin addresses and don't forget to move your Bitcoins and Bytes to the linked addresses before the February Full Moon.

[ArabMist]

in this exchange site you can also trade with fiat currencies like USD, European...

vote everyone https://mercatox.com/coins/list byteball is on 2nd position :slightly_smiling_face:

[CryptoMrM]

We'll have our 2nd distribution round under the Full Moon, on 11th of February at 0:33 UTC.
We will probably follow the Full Moon calendar for future rounds too.

Bitcoin snapshot will be taken in the first block after the date.
Snapshot of Byteball database will be taken on exactly this date and will include only final transactions.

The transition bot is already working (find the link at https://byteball.org), chat with it to link your Bitcoin address and check the currently linked addresses and their balances.  If you participated in the 1st round, your linked addresses stay the same, you don't need to link again.

The distribution rules:

BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.1 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.21111 blackbytes

If you already hold bytes, please move them to one of the linked BB addresses (chat with the bot to learn what your linked addresses are) before the distribution date to receive your share of blackbytes.  This is a technicall necessity that follows from how blackbytes work: we need to send the private payloads to your device and we know only the device address of the linked BB address, not of any other BB address.  If you don't care about blackbbytes for some reason, you don't need to do anything.  If you didn't touch your bytes after the 1st round (i.e. didn't send or receive a single transaction), you also don't need to do anything since all your bytes are still on the linked address.

Blackbytes that remain undistributed because some people didn't move their bytes to the linked address, will be transferred to a development fund which will be used to pay for future promotion and development.

In this round and at the current market prices, bytes give you a much larger share in the distribution than Bitcoins.  For example, holding 1 GB gives you the same as holding 1.6 BTC:
1 GB -> 0.1 GB
1.6 BTC -> 1.6 * 0.0625 = 0.1 GB
This is one of the nice things about being an early adopter.

Chat with the bot to check the current status or link new Bitcoin addresses and don't forget to move your Bitcoins and Bytes to the linked addresses before the February Full Moon.

Don't these rates equate to hardly any supply getting distributed?

Bytes to bytes: 1 byte on any Byteball address gives you 0.1 new bytes = 10% of released supply = 1%
BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB) = 100,000 (approx BTC linked) = 6,250 GB = 0.625%

Total = 1.625%

I mean 20 BTC linked is just 1.25 GB which is 0.05 BTC at current market prices (if you even believe in that price and likely to be diluted). Not really worth my time so I'll probably be passing on this one. Unless I've got something wrong?

P.S. Not ungrateful for the free money, just thinking economically with opportunity costs, transfer fees etc

[stkuser1]

We'll have our 2nd distribution round under the Full Moon, on 11th of February at 0:33 UTC.
We will probably follow the Full Moon calendar for future rounds too.

Bitcoin snapshot will be taken in the first block after the date.
Snapshot of Byteball database will be taken on exactly this date and will include only final transactions.

The transition bot is already working (find the link at https://byteball.org), chat with it to link your Bitcoin address and check the currently linked addresses and their balances.  If you participated in the 1st round, your linked addresses stay the same, you don't need to link again.

The distribution rules:

BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.1 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.21111 blackbytes

If you already hold bytes, please move them to one of the linked BB addresses (chat with the bot to learn what your linked addresses are) before the distribution date to receive your share of blackbytes.  This is a technicall necessity that follows from how blackbytes work: we need to send the private payloads to your device and we know only the device address of the linked BB address, not of any other BB address.  If you don't care about blackbbytes for some reason, you don't need to do anything.  If you didn't touch your bytes after the 1st round (i.e. didn't send or receive a single transaction), you also don't need to do anything since all your bytes are still on the linked address.

Blackbytes that remain undistributed because some people didn't move their bytes to the linked address, will be transferred to a development fund which will be used to pay for future promotion and development.

In this round and at the current market prices, bytes give you a much larger share in the distribution than Bitcoins.  For example, holding 1 GB gives you the same as holding 1.6 BTC:
1 GB -> 0.1 GB
1.6 BTC -> 1.6 * 0.0625 = 0.1 GB
This is one of the nice things about being an early adopter.

Chat with the bot to check the current status or link new Bitcoin addresses and don't forget to move your Bitcoins and Bytes to the linked addresses before the February Full Moon.

Don't these rates equate to hardly any supply getting distributed?

Bytes to bytes: 1 byte on any Byteball address gives you 0.1 new bytes = 10% of released supply = 1%
BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB) = 100,000 (approx BTC linked) = 6,250 GB = 0.625%

Total = 1.625%

I mean 20 BTC linked is just 1.25 GB which is 0.05 BTC at current market prices (if you even believe in that price and likely to be diluted). Not really worth my time so I'll probably be passing on this one. Unless I've got something wrong?

P.S. Not ungrateful for the free money, just thinking economically with opportunity costs, transfer fees etc

You're right, I guess there are something missing here. I remember tony said the 2nd round would distribute about 10% of all bytes.