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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1219081 times)
Krypt
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February 10, 2017, 08:24:49 AM
 #4581

So the utilization of witnesses to choose a main chain would make this a delegated tangle or DDAG.
So...  you do not read even tonich's answers?  Thank you for your valuable opinion.
Witnesses do not decide ordering of units.  Ordering is determined by the algorithm that looks back at the witnesses-authored units in the DAG.
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Jeff Jefferson
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February 10, 2017, 08:41:24 AM
 #4582

So what exactly do I have to do to receive the new bb and bytes. I have a linked byteball address. But I have sent some bytes away from it. Is it enough to have all my bytes today evening back in the linked byteball address?
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February 10, 2017, 09:22:12 AM
 #4583

i think you know the current size of the entire Byteball database, do you? because i still was not able to install a full wallet i don't know. thank you.
It is about 650MB right now.

Witnesses get the transaction fees, my full node wallet hasnt received any meaningful amount of fees.
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February 10, 2017, 09:38:39 AM
 #4584

It is about 650MB right now.

Witnesses get the transaction fees, my full node wallet hasnt received any meaningful amount of fees.

I'd like to see that poor soul who chooses you as a witness...
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February 10, 2017, 09:44:32 AM
 #4585

i think you know the current size of the entire Byteball database, do you? because i still was not able to install a full wallet i don't know. thank you.
It is about 650MB right now.

Witnesses get the transaction fees, my full node wallet hasnt received any meaningful amount of fees.

thank you. i hope that i will be able so set up a full wallet on my raspberry as soon as i am back home an have access to it. but i have to admit, that i am a GUI-user and have to learn a lot.

to set up a full wallet. do i need to follow these steps?
https://github.com/byteball/byteball
i tried it with my macbook. but i was not able to launch the wallet.
i struggled here:
Quote
Then run Byteball desktop client:

/path/to/your/nwjs/nwjs

Or is this all only for building the light wallet?

i feel a bit ashamed to ask these questions....
SatoNatomato
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February 10, 2017, 10:08:20 AM
 #4586

i think you know the current size of the entire Byteball database, do you? because i still was not able to install a full wallet i don't know. thank you.
It is about 650MB right now.

Witnesses get the transaction fees, my full node wallet hasnt received any meaningful amount of fees.

thank you. i hope that i will be able so set up a full wallet on my raspberry as soon as i am back home an have access to it. but i have to admit, that i am a GUI-user and have to learn a lot.

to set up a full wallet. do i need to follow these steps?
https://github.com/byteball/byteball
i tried it with my macbook. but i was not able to launch the wallet.
i struggled here:
Quote
Then run Byteball desktop client:

/path/to/your/nwjs/nwjs


Or is this all only for building the light wallet?

i feel a bit ashamed to ask these questions....

No need to feel ashamed this is new to many here me too.

Ive seen someone mention writing a guide on running these components, relay hub witness and headless wallet, get in touch with them they are on slack, even just getting input from you what happens when you follow the guide would be very helpful.

Yes, the byteball/byteball is for building the full and light wallets and can build android app.

You can use on raspberry pi byteball/byteball-relay or -hub of you want to help the network. Headless-byteball if you want to send payments programmatically and also help network.
portabella
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February 10, 2017, 10:42:14 AM
 #4587

i think you know the current size of the entire Byteball database, do you? because i still was not able to install a full wallet i don't know. thank you.
It is about 650MB right now.

Witnesses get the transaction fees, my full node wallet hasnt received any meaningful amount of fees.

thank you. i hope that i will be able so set up a full wallet on my raspberry as soon as i am back home an have access to it. but i have to admit, that i am a GUI-user and have to learn a lot.

to set up a full wallet. do i need to follow these steps?
https://github.com/byteball/byteball
i tried it with my macbook. but i was not able to launch the wallet.
i struggled here:
Quote
Then run Byteball desktop client:

/path/to/your/nwjs/nwjs


Or is this all only for building the light wallet?

i feel a bit ashamed to ask these questions....

No need to feel ashamed this is new to many here me too.

Ive seen someone mention writing a guide on running these components, relay hub witness and headless wallet, get in touch with them they are on slack, even just getting input from you what happens when you follow the guide would be very helpful.

Yes, the byteball/byteball is for building the full and light wallets and can build android app.

You can use on raspberry pi byteball/byteball-relay or -hub of you want to help the network. Headless-byteball if you want to send payments programmatically and also help network.

The mentioned technical guide on running a byteball-hub is being written here https://www.gitlab.com/snippets/1548253

Have a look, follow it, and ask questions in the slack, the vision is the guide should be good enough to have a hub running on Linux in a short amount of time with high security.

You can join the byteball group on gitlab https://www.gitlab.com/byteball and contribute directly.
eastwind_ja
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February 10, 2017, 10:54:57 AM
 #4588

0.62Mbyte= ?  Gbyte       ,,,why  the second  round  distribution is so little?  how many 1btc can get  in the first round ?

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February 10, 2017, 11:02:37 AM
 #4589

0.62Mbyte= ?  Gbyte       ,,,why  the second  round  distribution is so little?  how many 1btc can get  in the first round ?

0.62 Mb == 0.62x10^-3 Gb == 0.00062 Gb

first round info:
http://transition.byteball.org/firstround.html
0.70663132 btc/Gb

why the second round distribution is so little?
dev's decision + there are many nonzero bb balances that also participate in distribution.

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February 10, 2017, 11:10:37 AM
 #4590

0.62Mbyte= ?  Gbyte       ,,,why  the second  round  distribution is so little?  how many 1btc can get  in the first round ?

0.62 Mb == 0.62x10^-3 Gb == 0.00062 Gb

first round info:
http://transition.byteball.org/firstround.html
0.70663132 btc/Gb

why the second round distribution is so little?
dev's decision.
thanks for your answer..  the second round  less than  1/10 of the first round,,, Nonsense   and  meaningless

SatoNatomato
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February 10, 2017, 11:17:58 AM
 #4591

0.62Mbyte= ?  Gbyte       ,,,why  the second  round  distribution is so little?  how many 1btc can get  in the first round ?

0.62 Mb == 0.62x10^-3 Gb == 0.00062 Gb

first round info:
http://transition.byteball.org/firstround.html
0.70663132 btc/Gb

why the second round distribution is so little?
dev's decision + there are many nonzero bb balances that also participate in distribution.
But it is 62.5MB not 0.625MB.

That is 0.062GB, bot 0.0006...
escapefrom3dom
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February 10, 2017, 11:20:22 AM
 #4592

0.62Mbyte= ?  Gbyte       ,,,why  the second  round  distribution is so little?  how many 1btc can get  in the first round ?

0.62 Mb == 0.62x10^-3 Gb == 0.00062 Gb

first round info:
http://transition.byteball.org/firstround.html
0.70663132 btc/Gb

why the second round distribution is so little?
dev's decision + there are many nonzero bb balances that also participate in distribution.
But it is 62.5MB not 0.625MB.

That is 0.062GB, bot 0.0006...


ur right, but initial question was about 0.62 Mb. ☺

eastwind_ja
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February 10, 2017, 11:20:54 AM
 #4593

0.62Mbyte= ?  Gbyte       ,,,why  the second  round  distribution is so little?  how many 1btc can get  in the first round ?

0.62 Mb == 0.62x10^-3 Gb == 0.00062 Gb

first round info:
http://transition.byteball.org/firstround.html
0.70663132 btc/Gb

why the second round distribution is so little?
dev's decision + there are many nonzero bb balances that also participate in distribution.
But it is 62.5MB not 0.625MB.

That is 0.062GB, bot 0.0006...

yes,,, it is less than  1/10 fhe frist round ,,what the dev is doing ?

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February 10, 2017, 11:30:58 AM
 #4594

0.62Mbyte= ?  Gbyte       ,,,why  the second  round  distribution is so little?  how many 1btc can get  in the first round ?

0.62 Mb == 0.62x10^-3 Gb == 0.00062 Gb

first round info:
http://transition.byteball.org/firstround.html
0.70663132 btc/Gb

why the second round distribution is so little?
dev's decision + there are many nonzero bb balances that also participate in distribution.
But it is 62.5MB not 0.625MB.

That is 0.062GB, bot 0.0006...

yes,,, it is less than  1/10 fhe frist round ,,what the dev is doing ?

that's not right. But Byteball need a new exchange platform
escapefrom3dom
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February 10, 2017, 11:31:44 AM
 #4595

0.62Mbyte= ?  Gbyte       ,,,why  the second  round  distribution is so little?  how many 1btc can get  in the first round ?

0.62 Mb == 0.62x10^-3 Gb == 0.00062 Gb

first round info:
http://transition.byteball.org/firstround.html
0.70663132 btc/Gb

why the second round distribution is so little?
dev's decision + there are many nonzero bb balances that also participate in distribution.
But it is 62.5MB not 0.625MB.

That is 0.062GB, bot 0.0006...

yes,,, it is less than  1/10 fhe frist round ,,what the dev is doing ?

maybe it's because of

For the bytes you hold on February 11 you receive 0.1 new byte for each 1 byte of your balance, even if your bytes are not on linked Byteball addresses.
You also receive 0.21111 blackbytes for each 1 byte of your balance on the linked Byteball addresses.


i. e. in 2nd round u can get 10% only of ur current bb balance + additional 21% of blackbb.
and it's quite enough.

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February 10, 2017, 11:33:23 AM
 #4596

0.62Mbyte= ?  Gbyte       ,,,why  the second  round  distribution is so little?  how many 1btc can get  in the first round ?

0.62 Mb == 0.62x10^-3 Gb == 0.00062 Gb

first round info:
http://transition.byteball.org/firstround.html
0.70663132 btc/Gb

why the second round distribution is so little?
dev's decision + there are many nonzero bb balances that also participate in distribution.
But it is 62.5MB not 0.625MB.

That is 0.062GB, bot 0.0006...

yes,,, it is less than  1/10 fhe frist round ,,what the dev is doing ?
He is creating a new currency and economic platform. Not enriching holders of bitcoin, not enriching ICO holders and other "crypto-world" gangsters.
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February 10, 2017, 11:36:06 AM
 #4597

0.62Mbyte= ?  Gbyte       ,,,why  the second  round  distribution is so little?  how many 1btc can get  in the first round ?

0.62 Mb == 0.62x10^-3 Gb == 0.00062 Gb

first round info:
http://transition.byteball.org/firstround.html
0.70663132 btc/Gb

why the second round distribution is so little?
dev's decision + there are many nonzero bb balances that also participate in distribution.
But it is 62.5MB not 0.625MB.

That is 0.062GB, bot 0.0006...

yes,,, it is less than  1/10 fhe frist round ,,what the dev is doing ?

It is more than 1/10 of the first round. You get 0.1GB for every GB you have, plus 0.62MB for each BTC you link.

.
eastwind_ja
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February 10, 2017, 11:38:06 AM
 #4598

0.62Mbyte= ?  Gbyte       ,,,why  the second  round  distribution is so little?  how many 1btc can get  in the first round ?

0.62 Mb == 0.62x10^-3 Gb == 0.00062 Gb

first round info:
http://transition.byteball.org/firstround.html
0.70663132 btc/Gb

why the second round distribution is so little?
dev's decision + there are many nonzero bb balances that also participate in distribution.
But it is 62.5MB not 0.625MB.

That is 0.062GB, bot 0.0006...

yes,,, it is less than  1/10 fhe frist round ,,what the dev is doing ?

maybe it's because of

For the bytes you hold on February 11 you receive 0.1 new byte for each 1 byte of your balance, even if your bytes are not on linked Byteball addresses.
You also receive 0.21111 blackbytes for each 1 byte of your balance on the linked Byteball addresses.


i. e. in 2nd round u can get 10% only of ur current bb balance + additional 21% of blackbb.
and it's quite enough.
that is  what the particpant of first round can get ,,,what for the first time to particapate the second round ,,,means  unfair

escapefrom3dom
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February 10, 2017, 11:49:06 AM
 #4599

0.62Mbyte= ?  Gbyte       ,,,why  the second  round  distribution is so little?  how many 1btc can get  in the first round ?

0.62 Mb == 0.62x10^-3 Gb == 0.00062 Gb

first round info:
http://transition.byteball.org/firstround.html
0.70663132 btc/Gb

why the second round distribution is so little?
dev's decision + there are many nonzero bb balances that also participate in distribution.
But it is 62.5MB not 0.625MB.

That is 0.062GB, bot 0.0006...

yes,,, it is less than  1/10 fhe frist round ,,what the dev is doing ?

maybe it's because of

For the bytes you hold on February 11 you receive 0.1 new byte for each 1 byte of your balance, even if your bytes are not on linked Byteball addresses.
You also receive 0.21111 blackbytes for each 1 byte of your balance on the linked Byteball addresses.


i. e. in 2nd round u can get 10% only of ur current bb balance + additional 21% of blackbb.
and it's quite enough.
that is what the particpant of first round can get ,,,what for the first time to particapate the second round ,,,means  unfair

no, u got it wrong since u can simply buy necessary amount of bb without 1st round.

and all these bought bb will give u additional 10% bb and 21% blackbb.

eastwind_ja
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February 10, 2017, 11:54:57 AM
 #4600

0.62Mbyte= ?  Gbyte       ,,,why  the second  round  distribution is so little?  how many 1btc can get  in the first round ?

0.62 Mb == 0.62x10^-3 Gb == 0.00062 Gb

first round info:
http://transition.byteball.org/firstround.html
0.70663132 btc/Gb

why the second round distribution is so little?
dev's decision + there are many nonzero bb balances that also participate in distribution.
But it is 62.5MB not 0.625MB.

That is 0.062GB, bot 0.0006...

yes,,, it is less than  1/10 fhe frist round ,,what the dev is doing ?

maybe it's because of

For the bytes you hold on February 11 you receive 0.1 new byte for each 1 byte of your balance, even if your bytes are not on linked Byteball addresses.
You also receive 0.21111 blackbytes for each 1 byte of your balance on the linked Byteball addresses.


i. e. in 2nd round u can get 10% only of ur current bb balance + additional 21% of blackbb.
and it's quite enough.
that is what the particpant of first round can get ,,,what for the first time to particapate the second round ,,,means  unfair

no, u got it wrong since u can simply buy necessary amount of bb without 1st round.

and all these bought bb will give u additional 10% bb and 21% blackbb.
are  you kiding ,,,in the first round  you can get 1.4 Gbyte/btc,   second round 0.0625Gbyte/btc,     this is the main difference ,,I will never buy an unfair distribution coin,,because it is the coin for the first round participants

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