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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1168440 times)
Vorksholk
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January 30, 2017, 01:54:03 AM
 #3921

My apologies if this has been already discussed, but what stops someone from sending the BTC proof from an exchange wallet? With a very small balance on an exchange, someone could potentially pretend they represent 1000s of Bitcoins.

I believe this distribution would be a lot more fair if it required the signature method, rather than allowing the tx method of proving address ownership.

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ArabMist
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January 30, 2017, 02:20:38 AM
 #3922

Would updating windows wallet reset the transition bot meaning I would have to re-link?
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January 30, 2017, 02:45:15 AM
 #3923

why dev dont pay 5BTC and go to Bittrex ?

yolo
strasboug
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January 30, 2017, 02:49:28 AM
 #3924

why dev dont pay 5BTC and go to Bittrex ?

I don't think there's any point to go to Bittrex, we have an exchange for byteball, and it trades well, so if you want to trade, just go there. On the contrary, we do need an exchange for blackbyte.

BTW, when February distribution will happen?
str4wm4n
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January 30, 2017, 03:02:52 AM
 #3925

why dev dont pay 5BTC and go to Bittrex ?

I don't think there's any point to go to Bittrex, we have an exchange for byteball, and it trades well, so if you want to trade, just go there. On the contrary, we do need an exchange for blackbyte.

BTW, when February distribution will happen?

February 11th, it's been mentioned 100 times...
barnes13
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January 30, 2017, 03:08:17 AM
 #3926

If i want to install the byteball android wallet, what should i choose 3.7 or 4.0, i give the screen shoot below:

BITEX
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The First Locally-Embedded, Yet Global, Crypto-Bank
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Seccour
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January 30, 2017, 04:24:52 AM
 #3927

My apologies if this has been already discussed, but what stops someone from sending the BTC proof from an exchange wallet? With a very small balance on an exchange, someone could potentially pretend they represent 1000s of Bitcoins.

I believe this distribution would be a lot more fair if it required the signature method, rather than allowing the tx method of proving address ownership.

Exchanges addresses has been ban. If an exchange want to link their wallet they will have to sign a message.

Seccour
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January 30, 2017, 04:27:46 AM
 #3928

If i want to install the byteball android wallet, what should i choose 3.7 or 4.0, i give the screen shoot below:


TN is the TestNet i think, either way if you are not sure follow the link from the official Byteball website here.

barnes13
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January 30, 2017, 04:57:24 AM
 #3929

--snip--

TN is the TestNet i think, either way if you are not sure follow the link from the official Byteball website here.
OK thanks, Byteball site directing me to 3.7 ver, i will choose the 3.7.

BITEX
            ███     ███     ███
              ███     ███     ███
                ███     ███     ███
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              ███     ███     ███
            ███     ███     ███

The First Locally-Embedded, Yet Global, Crypto-Bank
TELEGRAM    FACEBOOK   TWITTER    YOUTUBE    LINE

                  ███     ███     ███
                ███     ███     ███
              ███     ███     ███
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sdfghghjk23
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January 30, 2017, 05:52:18 AM
 #3930

thank you , i will choose the 3.7 ver too
nillohit
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January 30, 2017, 06:15:26 AM
 #3931

--snip--

TN is the TestNet i think, either way if you are not sure follow the link from the official Byteball website here.
OK thanks, Byteball site directing me to 3.7 ver, i will choose the 3.7.

3.7 is not the version it seems to be the rating of the byteball app on google play store

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January 30, 2017, 06:17:20 AM
 #3932

Are there benefits when running a full node?
Vorksholk
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January 30, 2017, 06:17:50 AM
 #3933

My apologies if this has been already discussed, but what stops someone from sending the BTC proof from an exchange wallet? With a very small balance on an exchange, someone could potentially pretend they represent 1000s of Bitcoins.

I believe this distribution would be a lot more fair if it required the signature method, rather than allowing the tx method of proving address ownership.

Exchanges addresses has been ban. If an exchange want to link their wallet they will have to sign a message.

How do the byteball guys know all of the addresses that exchanges use?

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CryptKeeper
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January 30, 2017, 07:00:35 AM
 #3934

Would updating windows wallet reset the transition bot meaning I would have to re-link?


No, you don't have to link again after an update. Did it myself several times, all addresses stay linked. Please always chat with the transition bot to make sure all your addresses are linked and have balance on it!

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January 30, 2017, 07:02:31 AM
 #3935

why dev dont pay 5BTC and go to Bittrex ?

I don't think there's any point to go to Bittrex, we have an exchange for byteball, and it trades well, so if you want to trade, just go there. On the contrary, we do need an exchange for blackbyte.

BTW, when February distribution will happen?

For keeping Blackbytes anonymous, trading at exchanges is the wrong way. There will be escrow contracts for  trustless trading bb soon.

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January 30, 2017, 07:34:42 AM
 #3936

why dev dont pay 5BTC and go to Bittrex ?

So that you can dump your holdings on a well known exchange? Bittrex should add this coin for its own sake. I don't understand why tonych should pay for it.

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wrxbuzz
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January 30, 2017, 07:51:48 AM
 #3937

why dev dont pay 5BTC and go to Bittrex ?

So that you can dump your holdings on a well known exchange? Bittrex should add this coin for its own sake. I don't understand why tonych should pay for it.

You are right, why they need to pay for that? And current in a small exchange is helpful to the price, when it is on bittrex, I am afraid the price will go down a lot because many dumpers wanna dump.
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January 30, 2017, 07:53:34 AM
 #3938

My apologies if this has been already discussed, but what stops someone from sending the BTC proof from an exchange wallet? With a very small balance on an exchange, someone could potentially pretend they represent 1000s of Bitcoins.

I believe this distribution would be a lot more fair if it required the signature method, rather than allowing the tx method of proving address ownership.

It would be a lot more fair if they did it in any other way probably than the way they are doing it now.

BTW are you still part of curecoin? I've followed your guides since the start of arriving at this forum and mostly decided on cure on the basis of you being core to that project?

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January 30, 2017, 07:58:21 AM
 #3939

why dev dont pay 5BTC and go to Bittrex ?

I don't think there's any point to go to Bittrex, we have an exchange for byteball, and it trades well, so if you want to trade, just go there. On the contrary, we do need an exchange for blackbyte.

BTW, when February distribution will happen?

For keeping Blackbytes anonymous, trading at exchanges is the wrong way. There will be escrow contracts for  trustless trading bb soon.
Fantastic. Anything that encourages OTC and keeps crypto P2P is a step in the right direction.

Would byteball chat ever be able to handle group conversations in same thread? Multiple devices concurrently?
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January 30, 2017, 07:58:55 AM
 #3940

why dev dont pay 5BTC and go to Bittrex ?

So that you can dump your holdings on a well known exchange? Bittrex should add this coin for its own sake. I don't understand why tonych should pay for it.

You are right, why they need to pay for that? And current in a small exchange is helpful to the price, when it is on bittrex, I am afraid the price will go down a lot because many dumpers wanna dump.

The price is going to be screwed for yonks because the distributional model is a disgrace. You have those that hold the most with the biggest incentive to see it burn. Other big ICOS are not interested in seeing BB succeed. Most here in the community hold crumbs and will soon realise this.

On top of this no real exchange will touch it whilst 90% is still under the control of a sole entity.

Best thing just get it ALL out there on the market now and let it find its true value after the dumping and manipulation is done and over. Then it will eventually get to compete on its tech with other projects.

Could have been an amazing project and perhaps still can but the distribution will hold it back for ages from finding fair value in the market place.

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