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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1219080 times)
ArabMist
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February 13, 2017, 12:08:18 AM
 #4921

Picked up a heap of cheap bytes yesterday right after the snapshot. Will continue to hold for the reminder of the rounds as the developer is constantly doing his job = developing the ecosystem.

Byteball's strong and fast recover has shocked a few naysayers and it's also a testament to the the long term aims of the technology as much as it is from speculators.
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Djinou94
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February 13, 2017, 12:16:13 AM
 #4922

Only 1.6% at this speed all the coins will be distributed in 3 years when this project will be "has been"

u may consider such distribution as a mining analogue.

no need to drop the all bytes in one moment.

Yea but its not mining
Its depend of a dev and full moon
escapefrom3dom
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February 13, 2017, 01:05:21 AM
 #4923

Only 1.6% at this speed all the coins will be distributed in 3 years when this project will be "has been"

u may consider such distribution as a mining analogue.

no need to drop the all bytes in one moment.

Yea but its not mining
Its depend of a dev and full moon


look at the good side of it: we have defined distriburion plan and no need to waste energy for mining.

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February 13, 2017, 01:16:07 AM
 #4924

Picked up a heap of cheap bytes yesterday right after the snapshot. Will continue to hold for the reminder of the rounds as the developer is constantly doing his job = developing the ecosystem.

Byteball's strong and fast recover has shocked a few naysayers and it's also a testament to the the long term aims of the technology as much as it is from speculators.
Totally agree! The speed and quality of development is amazing. Easiness of use adds well to that. Has to go much higher.
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February 13, 2017, 02:26:39 AM
 #4925

byteball create some new technology, and the innovation is big.

i hope byteball can have a 200000BTC marketcap one day, because the innovation deserve it.

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February 13, 2017, 02:27:42 AM
 #4926

where can i find the api of total amount of byteball?


running farm worldwide
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February 13, 2017, 02:34:04 AM
 #4927

39   Byteball Byteball   $7,186,180   $71.86   100,000 GBYTE *   $111,266   25.55%

1GB is too expensive, maybe change the unit to MB, then 1MB=0.0071$

if we do the change, it will be good for byteball to get more users.

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Dervish
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February 13, 2017, 02:35:48 AM
 #4928

What date next share drop round planed?
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February 13, 2017, 02:44:50 AM
 #4929

What date next share drop round planed?

the next full moon march 12th
escapefrom3dom
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February 13, 2017, 02:47:51 AM
Last edit: February 13, 2017, 03:04:25 AM by escapefrom3dom
 #4930

39   Byteball Byteball   $7,186,180   $71.86   100,000 GBYTE *   $111,266   25.55%

1GB is too expensive, maybe change the unit to MB, then 1MB=0.0071$

if we do the change, it will be good for byteball to get more users.

according to the coming total supply of 1 000 000 Gb there is no need to make such changes.

it's simple and understandable at the current state.

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February 13, 2017, 03:27:42 AM
 #4931



I thought about the distribution and seems like 10% compound interest is awesome  Shocked

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Jimmy2011
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February 13, 2017, 06:33:32 AM
 #4932

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0.1 new byte for each 1 byte received in the first round.

So how can one distinguish the byte is from the first round or from the second round?

Thanks.
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February 13, 2017, 07:23:54 AM
 #4933

The chat and the private messaging alognside the blackbytes payments is simply awesome. If there is a way to implement an escrow bot to do trades over the wallet this could be truly awesome  Cool
That way, in my mind, blackbytes become a great form of collateral
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February 13, 2017, 08:43:18 AM
 #4934

i have a feature request.
i bought a small amount of bytes using the bot.
what is miss now is the the rate. i don't remeber what i paid. XX btc / per GB.

at the moment i have to calculate it.
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February 13, 2017, 08:46:16 AM
 #4935

how do i send backbytes? with the chat tells me the wallet.....

thanks.
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February 13, 2017, 08:47:25 AM
 #4936


How you can help

 In particular, we need faster syncing and faster UI.  Before now, I prioritized simplicity of algorithms over performance, now we need speed too.  A 10x improvement should come easy enough, the next 10x will be probably harder.  Discuss any major changes before actually implementing them.



Have tracks been found to accelerate synchronization ?
escapefrom3dom
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February 13, 2017, 09:07:08 AM
 #4937

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0.1 new byte for each 1 byte received in the first round.

So how can one distinguish the byte is from the first round or from the second round?

Thanks.


they are identical.

u can only look to the transaction history to see what amount was added.

Jimmy2011
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February 13, 2017, 09:16:16 AM
 #4938

Quote
0.1 new byte for each 1 byte received in the first round.

So how can one distinguish the byte is from the first round or from the second round?

Thanks.


they are identical.

u can only look to the transaction history to see what amount was added.

Right now we just have the first round and the second round, and we have received the new byte from the only previous(the first) round bytes. So we will know whether the new bytes from the second round will get 0.1 new byte for each 1 byte.

@tonych

escapefrom3dom
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February 13, 2017, 09:27:11 AM
Last edit: February 13, 2017, 09:41:10 AM by escapefrom3dom
 #4939

Quote
0.1 new byte for each 1 byte received in the first round.

So how can one distinguish the byte is from the first round or from the second round?

Thanks.


they are identical.

u can only look to the transaction history to see what amount was added.

Right now we just have the first round and the second round, and we have received the new byte from the only previous(the first) round bytes. So we will know whether the new bytes from the second round will get 0.1 new byte for each 1 byte.

@tonych



ok but according to the bot:

For the bytes you hold on March 12 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. rewards for the storing are:
10% of the full bytes amount for bytes and 21% of the full bytes for blackbytes.

right?

kaicrypzen
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February 13, 2017, 09:51:10 AM
 #4940

Just a small reminder, if you guys have issues and are not on Slack, get your invite here: http://slack.byteball.org and go to #helpdesk. All your questions will be answered. And by the way, Slack is the place to be, up-to-date news, trading, tech, etc.

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