Obyte: Totally new consensus algorithm + private untraceable payments

[Tradingriver]

i tried to sell some Byteball with the internal chatbot and i set my units to "GB" and sent 3 GB, but the wallet sent in reality 3 bytes ist this a known bug?

Seems like if i send a transaction he is ignoring what account i set. It shows GB but it sends bytes.


2.

one more question. If i put a buy or sell order on, could i chancel it later? the bot documentation shows nothing.

Please upgrade to the latest wallet version 1.1.1!

I am on the latest version

[tonych]

If you installed the full wallet can you send a transaction before its synced?

With Bitcoin and most altcoin wallets you can send a transaction before they are fully synced provided the wallet shows it contains your coins. Is byteball the same?

Yes, you can (if the outputs you are going to spend are already in your copy of the DAG).

[ArabMist]

Id say the blackbytes + Tor support makes Byteball more secure and anonymous than even Monero or Zcash.

I hope noone will really believe the quoted words, or they may find themselves in serious troubles...

Now you are just trolling and spreading fear with only these three dots ... to back it up, because your own shit coin iota is worthless.

@tonych, do you support the claim of SatoNatomato the Expert?

Nope. Tony is too professional and most likely too busy to get involved via your baiting.

[bitcampaign]

I think the need to add new trading site for ByteBall, at least it can help people who want to hold onto the bag for byteball

[tonych]

I think I won't wait for SatoNatomato's response, it will likely contain only nonsense. I'll explain my concern right away:

Byteball uses witnesses. There are 2 ways to choose the witnesses:

1. They are picked by every user for himself
2. They are elected via global voting

If it's #1 then it becomes possible that some users are almost isolated from each other because they have only few common witnesses. #2 leads to a more serious problem which arises if a user is faced with more than 2 options (just google why it's a serious problem, there should be many links with mathematical proofs on impossibility of coming to a satisfying consensus). The problem of picking an option has already striked twice in the cryptoindustry. First it was Ripple/Stellar consensus flaw drama when Stellar admitted to have a flawed consensus while Ripple decided to make appearance they were fine (heh, they had enough money not to care about community opinion). The second time which I remember it was Factom drama, now I can't find the links, but in few words: they "sold" a flawed voting mechanism which was unfixable because they allowed more than 2 options.

So my concern is that cryptocoin developers don't take voting seriosly. I noticed this several years ago in Bitshares. Back then I was thinking that voting is easy, only after working with two professors (on two separate tasks) who were specializing in voting I got that it's all actually not that simple...

Voting is not easy indeed, and there is no voting in Byteball consensus.  Instead, there is a requirement that witness lists of neighboring (and not just neighboring - see the white paper for details) units on the DAG are compatible.  Compatible means that they differ by no more than one mutation.  This is similar to biology where the genes of a parent and child are very similar but not the same, and the genes of any member of the same species are also similar but not identical.

[tonych]

Id say the blackbytes + Tor support makes Byteball more secure and anonymous than even Monero or Zcash.

I hope noone will really believe the quoted words, or they may find themselves in serious troubles...

Now you are just trolling and spreading fear with only these three dots ... to back it up, because your own shit coin iota is worthless.

@tonych, do you support the claim of SatoNatomato the Expert?

I think the privacy features of all 3 coins are more or less the same for most practical purposes.   What differs, and what matters most for regular users, is usability.

[Come-from-Beyond]

I think the privacy features of all 3 coins are more or less the same for most practical purposes.   What differs, and what matters most for regular users, is usability.

Thx, I'll use this together with other fuckups of SatoNatomato (which he will, of course, make in the future) to show the real level of his "competence".

[SatoNatomato]

I think the privacy features of all 3 coins are more or less the same for most practical purposes.   What differs, and what matters most for regular users, is usability.

Thx, I'll use this together with other fuckups of SatoNatomato (which he will, of course, make in the future) to show the real level of his "competence".

Another appeal to authority argument. 

I still stand by my words, regardless what tonych thinks, respectfully disagree.

Again no technical discussion from you.

Iota still has no decentralized consensus algorithm aside from centralized "milestones", cannot defend against Sybils/spamming, and does not work or even make sense on IoT devices due to the useless "Proof-of-Work".

You do have a high competence in trolling though, if you only applied that technically that would be great.

[Kryptowerk]

helping me find a solution to link two wallets with two BTC accounts using the transition bot.

What is the exact problem you are facing? When you say two wallets, are they on the same device or on two different devices? Normally, on the same device, when you change wallets, your receiving address also changes. Did you try selecting a wallet, going to the chat, inserting your BB address and then your BTC address (and following instructions) and then doing the same on the other wallet? How did it go?

Thanks a lot! Just entering the address of the new wallet worked to start the bot again.  (:

[CryptoSporidium]

Please upgrade to the latest wallet version 1.1.1!

Is it better to uninstall previous version, or can we just install over the top of old version?

[22naru]

Id say the blackbytes + Tor support makes Byteball more secure and anonymous than even Monero or Zcash.

I hope noone will really believe the quoted words, or they may find themselves in serious troubles...

Now you are just trolling and spreading fear with only these three dots ... to back it up, because your own shit coin iota is worthless.

@tonych, do you support the claim of SatoNatomato the Expert?

I think the privacy features of all 3 coins are more or less the same for most practical purposes.   What differs, and what matters most for regular users, is usability.

keep bring great ideas and make BB to be accepted and used all over the .net

[22naru]

Please upgrade to the latest wallet version 1.1.1!

Is it better to uninstall previous version, or can we just install over the top of old version?

upgrade it , is working  fine ... if you will like to uninstall make a back up of all your BB folder.

[strasboug]

I think the privacy features of all 3 coins are more or less the same for most practical purposes.   What differs, and what matters most for regular users, is usability.

Thx, I'll use this together with other fuckups of SatoNatomato (which he will, of course, make in the future) to show the real level of his "competence".

Another appeal to authority argument. 

I still stand by my words, regardless what tonych thinks, respectfully disagree.

Again no technical discussion from you.

Iota still has no decentralized consensus algorithm aside from centralized "milestones", cannot defend against Sybils/spamming, and does not work or even make sense on IoT devices due to the useless "Proof-of-Work".

You do have a high competence in trolling though, if you only applied that technically that would be great.

I agree with you. Let's not worry about other coins, after all this is where we should discuss byteball, not other coins. Let them troll in their own threads.

From usage point of view, what tony puts in is good enough on the security side.

[altseeker]

I think the privacy features of all 3 coins are more or less the same for most practical purposes.   What differs, and what matters most for regular users, is usability.

Thx, I'll use this together with other fuckups of SatoNatomato (which he will, of course, make in the future) to show the real level of his "competence".

Another appeal to authority argument. 

I still stand by my words, regardless what tonych thinks, respectfully disagree.

Again no technical discussion from you.

Iota still has no decentralized consensus algorithm aside from centralized "milestones", cannot defend against Sybils/spamming, and does not work or even make sense on IoT devices due to the useless "Proof-of-Work".

You do have a high competence in trolling though, if you only applied that technically that would be great.

I think you need to start developing your own coin and show us what you got.

[wpalczynski]

May i suggest moving the discussions to https://bitcointalk.org/index.php?topic=1354220.0

Thanks.

I would gladly talk there.

But he just deletes my posts from that thread.

Then he comes in this thread and spreads FUD about anything I write, especially anything positive I write about Byteball, even when I answer other peoples questions - he counters with fear and vagueness, appeal to his authority or attempts to ridicule.

Should be banned from this thread really, he hasnt contributed anything constructive in the past 10 pages.

I hope most people are familiar with his method of concerned or gentle trolling and see right through it.  It is cluttering up the thread though and should be moderated.

[cybterpunk]

Id say the blackbytes + Tor support makes Byteball more secure and anonymous than even Monero or Zcash.

I hope noone will really believe the quoted words, or they may find themselves in serious troubles...

Now you are just trolling and spreading fear with only these three dots ... to back it up, because your own shit coin iota is worthless.

@tonych, do you support the claim of SatoNatomato the Expert?

I think the privacy features of all 3 coins are more or less the same for most practical purposes.   What differs, and what matters most for regular users, is usability.

people use bitcoin because bitcoin is stable. hope byteball is stable as the stone.

[nillohit]

I just found a bug in the exchange bot. Dev team please, look into this issue. exchange bot can't recognize BTC address. Today I was going to sell at 0.06973 rate. but, the bot failed to recognize my BTC address :

Here is the chat history -

> sell at 0.069733

Selling at 0.069733 BTC/GB..
Please let me know your Bitcoin address.

19Gfy42KDdu65LWH3nGxMuALtoEvp44d9s

> This doesn't look like a valid Byteball address. Please use "Insert my address" button at the bottom of the screen, then hit "Send".

Screenshot here -

[Karartma1]

Sorry if this has already been asked but can't find it.
It is clear to me how to link BTC addresses for distribution rounds but what about Byteball addresses? Do I have to collect my newly acquired byteball into my linked addy or do they get funded automatically and I don't have do anything (except controlling the keys)?

Thanks

[Krypt]

It is clear to me how to link BTC addresses for distribution rounds but what about Byteball addresses? Do I have to collect my newly acquired byteball into my linked addy or do they get funded automatically and I don't have do anything (except controlling the keys)?

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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

so from unlinked byte address you'll get new bytes only (not blackbytes).

[Come-from-Beyond]

I hope most people are familiar with his method of concerned or gentle trolling and see right through it.  It is cluttering up the thread though and should be moderated.

Let me reveal my guess why you support SatoNatomato:

You are a trader who cares only about his profit. SatoNatomato spreads lies trying to make the price rise higher. This aligns with your intention to sell for higher profit. Once you sell you'll start hating SatoNatomato's dirty tactics because they won't align with your intention to buy cheaper.

Am I right?