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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1219089 times)
kaicrypzen
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February 13, 2017, 10:03:50 AM
 #4941

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.

Of course they will.

You will get new bytes depending on your balances on the day of the snapshot, (and blackbytes for bytes if these are on linked addresses).

It doesn't matter if you got them on first round or second round or you bought them or you move them or whatever ... If you want to be part of the next round, just make sure your bytes and BTC are on linked addresses when the snapshot occurs and that's it Wink.

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?

Right (mind the linking to get blackbytes).

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February 13, 2017, 12:25:11 PM
 #4942

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

thanks.

To receive blackbytes (BB/GBB) if you do not have any yet, try doing it this way: start a chat with paired device, click INSERT ADDRESS in chat menu, now the owner of the blackbytes can click your address and he will see an option to send blackbytes to you. You will need some bytes in your wallet to pay the fee for the blackbyte transfer.

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February 13, 2017, 12:27:40 PM
 #4943

What date next share drop round planed?

the next full moon march 12th

About 1 month again. no problem.

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February 13, 2017, 01:52:40 PM
 #4944

Oh, thank you very much. I really like the distribution schema of Byteball.

Is there an official schedule of all upcoming distribution dates (plus the distribution schema) or at least the schedule for the third distribution.
This information would be very helpful to spread the word.
Every full moon. Find the dates when the moon shines in full, that is when bytes are distributed

Would be nice if you could add two new columns with the distributed amount which is given through linked Bitcoins and existing Byteballs. When I know rightly, one get 10% of new Byteballs based on the account's Byteball balance.
What amount of Byteball's does one get for one linked Bitcoins in the next distributions? Does the amount of 0.0625 GB/BTC remain constant?



I thought about the distribution and seems like 10% compound interest is awesome  Shocked
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February 13, 2017, 02:18:15 PM
 #4945

Oh, thank you very much. I really like the distribution schema of Byteball.

Is there an official schedule of all upcoming distribution dates (plus the distribution schema) or at least the schedule for the third distribution.
This information would be very helpful to spread the word.
Every full moon. Find the dates when the moon shines in full, that is when bytes are distributed

Would be nice if you could add two new columns with the distributed amount which is given through linked Bitcoins and existing Byteballs. When I know rightly, one get 10% of new Byteballs based on the account's Byteball balance.
What amount of Byteball's does one get for one linked Bitcoins in the next distributions? Does the amount of 0.0625 GB/BTC remain constant?



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







Bitcore BTX - Bitsend BSD - Bitloud BTDX - Megacoin MΣC
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February 13, 2017, 02:20:50 PM
 #4946

Would be nice if you could add two new columns with the distributed amount which is given through linked Bitcoins and existing Byteballs. When I know rightly, one get 10% of new Byteballs based on the account's Byteball balance.

Actually, the 10% rule is in round 2 and round 3, in subsequent rounds it might change ... The same goes for the BTC rate, and moreover, one can only speculate on the linked amounts ...

What amount of Byteball's does one get for one linked Bitcoins in the next distributions? Does the amount of 0.0625 GB/BTC remain constant?

In the next round (the third), the rate stays the same.

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February 13, 2017, 02:51:56 PM
 #4947

My addresses are linked, but I did not get blackbytes.
My Bitcoin address: 1Lxkcczzk1s83XoN9JR3MdmoTnCAzCy1FB, my Byteball address: UCH73SRSVZMKVPKN5XMMEARBGVK7KDSO.
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February 13, 2017, 03:07:45 PM
 #4948

My addresses are linked, but I did not get blackbytes.
My Bitcoin address: 1Lxkcczzk1s83XoN9JR3MdmoTnCAzCy1FB, my Byteball address: UCH73SRSVZMKVPKN5XMMEARBGVK7KDSO.

Your bitcoin balance is empty. You can look it up on transition.byteball.org

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February 13, 2017, 03:11:37 PM
 #4949

My addresses are linked, but I did not get blackbytes.
My Bitcoin address: 1Lxkcczzk1s83XoN9JR3MdmoTnCAzCy1FB, my Byteball address: UCH73SRSVZMKVPKN5XMMEARBGVK7KDSO.

There's a typo in your address, it should be Y instead of O at the end, but that's not the issue.

So yes, your addresses are linked and you got the corresponding amount of bytes.

Do you have the latest version? On Android it's still 1.2.0 but on other OS it's 1.3.0, you can get it here: https://github.com/byteball/byteball/releases/tag/v1.3.0. Is your device synced?

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February 13, 2017, 03:18:19 PM
 #4950


what price are blackbytes going for these days?
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February 13, 2017, 03:33:37 PM
 #4951

My addresses are linked, but I did not get blackbytes.
My Bitcoin address: 1Lxkcczzk1s83XoN9JR3MdmoTnCAzCy1FB, my Byteball address: UCH73SRSVZMKVPKN5XMMEARBGVK7KDSO.

There's a typo in your address, it should be Y instead of O at the end, but that's not the issue.

So yes, your addresses are linked and you got the corresponding amount of bytes.

Do you have the latest version? On Android it's still 1.2.0 but on other OS it's 1.3.0, you can get it here: https://github.com/byteball/byteball/releases/tag/v1.3.0. Is your device synced?

I have v1.3.0, and the device is fully synchronized.
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February 13, 2017, 04:07:12 PM
 #4952

My addresses are linked, but I did not get blackbytes.
My Bitcoin address: 1Lxkcczzk1s83XoN9JR3MdmoTnCAzCy1FB, my Byteball address: UCH73SRSVZMKVPKN5XMMEARBGVK7KDSO.

There's a typo in your address, it should be Y instead of O at the end, but that's not the issue.

So yes, your addresses are linked and you got the corresponding amount of bytes.

Do you have the latest version? On Android it's still 1.2.0 but on other OS it's 1.3.0, you can get it here: https://github.com/byteball/byteball/releases/tag/v1.3.0. Is your device synced?

I have v1.3.0, and the device is fully synchronized.

I had two other leads, but I think they might not be good:

- Do you have another wallet on your device? Having said that I assume you should've received bytes and blackbytes on the same wallet ...

- I also assume your unit of display for blackbytes is not GB. Having said that, 1.3.0 is supposed to display decimals when the unit is high ...

So (if the above is good), I think you should send a private message to tonych.

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February 13, 2017, 04:10:35 PM
 #4953



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

When i got free BYTEBALL Grin

https://www.youtube.com/watch?v=vWIgI71e2KE


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February 13, 2017, 04:26:04 PM
 #4954



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

When i got free BYTEBALL Grin

https://www.youtube.com/watch?v=vWIgI71e2KE

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February 13, 2017, 04:42:32 PM
 #4955

Here is a image with 20%




LISK:


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February 13, 2017, 04:46:22 PM
 #4956



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

When i got free BYTEBALL Grin

https://www.youtube.com/watch?v=vWIgI71e2KE




.
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February 13, 2017, 04:55:12 PM
 #4957

My addresses are linked, but I did not get blackbytes.
My Bitcoin address: 1Lxkcczzk1s83XoN9JR3MdmoTnCAzCy1FB, my Byteball address: UCH73SRSVZMKVPKN5XMMEARBGVK7KDSO.

There's a typo in your address, it should be Y instead of O at the end, but that's not the issue.

So yes, your addresses are linked and you got the corresponding amount of bytes.

Do you have the latest version? On Android it's still 1.2.0 but on other OS it's 1.3.0, you can get it here: https://github.com/byteball/byteball/releases/tag/v1.3.0. Is your device synced?

I have v1.3.0, and the device is fully synchronized.

I had two other leads, but I think they might not be good:

- Do you have another wallet on your device? Having said that I assume you should've received bytes and blackbytes on the same wallet ...

- I also assume your unit of display for blackbytes is not GB. Having said that, 1.3.0 is supposed to display decimals when the unit is high ...

So (if the above is good), I think you should send a private message to tonych.


I did everything right ...
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February 13, 2017, 06:56:09 PM
 #4958

How many rounds of distributions are left after the Febuary round?
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February 13, 2017, 06:59:41 PM
Last edit: February 13, 2017, 11:01:58 PM by escapefrom3dom
 #4959

How many rounds of distributions are left after the Febuary round?

until all bytes are distributed.

under the current rules – 1-2 years.

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February 14, 2017, 02:09:21 AM
 #4960

Well, I just bought 1BTC worth of Bytes for the long haul because although I don't believe the 'witness' thing is a good idea I see it as a far superior, more distributed and way more scalable version of Ripple. Hope I'm right.
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