Obyte: Totally new consensus algorithm + private untraceable payments

[francisthecrusher]

This is great, raise more points like this and we will call out the trolls and not you.

I for one welcome criticism. If in doubt, whip it out. We will together find the flaws of this algorithm, maybe even both technically and socially, and use that knowledge to build better next time.

Well... last time I quoted from the whitepaper and explained my concerns you called me a troll...

Sorry about that.

I fucked up.

Now I feel warm and fuzzy inside 

[zanzibar]

Byteball so needs a legit exchange

[syclone]

Got a wallet and am following the instructions on the chat...

ZFKUX5SVNKFA5GRO46R3N2D6VZKAM55P   Send some dust for testing purposes plzzzz.

[str4wm4n]

Byteball so needs a legit exchange

No doubt it would help for sure.

It's only a matter of time!

[francism]

Byteball so needs a legit exchange

No doubt it would help for sure.

It's only a matter of time!

Probably not, legit exchange might be waiting for complete distribution of all bytes which may take sometime.

[windjc]

I had to wipe my computer and all my applications.

I am trying to determine if I had a backup of my wallet. How does one backup a wallet?

[jwinterm]

I had to wipe my computer and all my applications.

I am trying to determine if I had a backup of my wallet. How does one backup a wallet?

I believe you need the seed for normal byteballs and the entire data directory for blackballs.

[windjc]

I had to wipe my computer and all my applications.

I am trying to determine if I had a backup of my wallet. How does one backup a wallet?

I believe you need the seed for normal byteballs and the entire data directory for blackballs.

Ok, but where is that seed located? Typically a crypto wallet will give you the seed. In this case, where do you get it from?

[jwinterm]

I had to wipe my computer and all my applications.

I am trying to determine if I had a backup of my wallet. How does one backup a wallet?

I believe you need the seed for normal byteballs and the entire data directory for blackballs.

Ok, but where is that seed located? Typically a crypto wallet will give you the seed. In this case, where do you get it from?

You get the seed from the wallet. Go to settings --> backup --> show seed.

[windjc]

I had to wipe my computer and all my applications.

I am trying to determine if I had a backup of my wallet. How does one backup a wallet?

I believe you need the seed for normal byteballs and the entire data directory for blackballs.

Ok, but where is that seed located? Typically a crypto wallet will give you the seed. In this case, where do you get it from?

You get the seed from the wallet. Go to settings --> backup --> show seed.

Ok, thanks. So if I did not do that then I have lost my other wallet forever, I assume?

[jwinterm]

...
You get the seed from the wallet. Go to settings --> backup --> show seed.

Ok, thanks. So if I did not do that then I have lost my other wallet forever, I assume?

You may still be able to recover your files. I think if you can recover the byteball directory you will be able to recover your seed. Try something like this for windows:
http://www.remorecover.com/windows/how-to-recover-folder-after-format.html

or look for something comparable for linux.

[farl4web]

Question:

My laptop is currently undergoing repairs and my Byteball wallet is there too. I synced on the first round. Can I do another sync the next round without having access to my BTC and Byteball wallet?

If you didn't move or spend any of your byteballs after the first round you will get your second round coins sent to your wallet without you needing access to it. If you didn't move your Bitcoins from the address you linked then you will get more coins sent to your byteball wallet without you needing access to it.

Second round byteballs get sent to all addresses with a byteball balance, but second round black bytes only get sent to linked addresses, and bitcoin addresses must be linked to claim second round coins.

I haven't moved anything, so I think I am save. Thanks for your reply. 

[jacaf01]

Byteball so needs a legit exchange

Byteball needs a bigger exchange with higher trading volume, yes. But to say Cryptox is not a legit exchange is not fair to them, the exchange that support the price at the present price of 0.08BTC. I have used Cryptox to trade and my experience of the site is good

[Karartma1]

Byteball so needs a legit exchange

No doubt it would help for sure.

It's only a matter of time!

Probably not, legit exchange might be waiting for complete distribution of all bytes which may take sometime.

I don't really think is a matter of finishing the distribution: with this reasoning mostly no coins should be on exchanges since even BTC is still far away from 21 million coins. I agree that is kind of interesting to see big exchanges still not onboard but I do believe they will jump on the train after the second round.

[tangleNinja]

When will distribution be finished?

[vlom]

i would like to help more. but i need help.
is it possible to run a bb hub on a raspberry pi?
the instructions here https://github.com/byteball/byteball-hub are not enough for me.

how to for:
- Install node.js
- clone the repository

[PolyPanto]

Participation in Byteball distribution
The snapshots for the second round will be taken on the Full Moon of February, on February 11 at 00:33 UTC.  In this round, you receive:
- 62.5 MB for every 1 BTC of proven balance
- 0.1 new bytes for every 1 byte you own at the moment of the snapshot

Hello, can someone explain to be how many MB in 1 BYTE? I see everywhere how much MB for 1 BTC, but I didn't understand how many in 1 byte. Also, I saw in the transition list  there are 30 pages of  0 balance, so it confused me as I thought that distribution will be in % proportion from your BTC balance or I understood something wrong? Thanks

[tangleNinja]

go to google and type in

1 MB = ? byte

or

1 byte = ? MB

google can pretty much convert everything into anything ( that makes sense )

[PolyPanto]

go to google and type in

1 MB = ? byte

or

1 byte = ? MB

google can pretty much convert everything into anything ( that makes sense )

Thank you for the fast reply, sorry but just to double check for every 1 invested BTC I will receive 6.25 BYTE? Did I understand correctly?

[SatoNatomato]

Participation in Byteball distribution
The snapshots for the second round will be taken on the Full Moon of February, on February 11 at 00:33 UTC.  In this round, you receive:
- 62.5 MB for every 1 BTC of proven balance
- 0.1 new bytes for every 1 byte you own at the moment of the snapshot

Hello, can someone explain to be how many MB in 1 BYTE? I see everywhere how much MB for 1 BTC, but I didn't understand how many in 1 byte. Also, I saw in the transition list  there are 30 pages of  0 balance, so it confused me as I thought that distribution will be in % proportion from your BTC balance or I understood something wrong? Thanks

lol,

How do you type 1 million? Like 1 million dollars. How do you say 1 billion and 50 million dollars?

1 million, has 6 zeroes, like this. 1 000 000

1 billion has 9 zeroes, like this, 1 000 000 000

1 050 000 000 is 1 billion and 50 million bytes. Instead of saying/writing all those zeroes, you can use decimals, like 1.05GB.

1 byte is 1. Instead of saying million bytes we say megabytes, mega is scientific notation for million, and giga, for billion. 1 byte is almost useless as the transaction fee is usually around 540 bytes.

For 1BTC you will receive 62 500 000 bytes.