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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1214900 times)
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September 23, 2016, 03:47:26 PM
 #501

is there a date when it will be released?
perhaps i overseen it.. can you give me an info about this?


why so excited.... you have tons of BTC or a micro penis?

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September 23, 2016, 04:04:01 PM
 #502

Where put my adres btc to received btc and byteball?
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September 23, 2016, 04:06:59 PM
 #503

I like this project. 

I start a sub forum on my site.


http://btc12.com/?forum-community.htm

cheers.
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September 23, 2016, 04:26:38 PM
 #504

Where put my adres btc to received btc and byteball?

You will be guided by a chatbot in the Byteball wallet for the initial distribution, but please be patient. The projected date for this is end of october/start of november at the earliest.

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September 23, 2016, 07:36:47 PM
 #505

@tonych: A few crypto enthusiasts keep on about the term "main chain" you used in the whitepaper. They think that the DAG used in Byteball isn't "pure" because it has a "chain" built-in and they see it as a big failure of the concept.

IMHO it's a big misunderstanding. As far as I have understand the concept, the term "main chain" is only used to draw an analogy for the role of the 12 witnesses. As they periodically issue transactions, these "trusted transactions" prevent double-spends and build something like a chain through the DAG. Maybe a better term for this could be "breadcrumbs" but maybe I'm totally wrong about it!  Cheesy

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September 23, 2016, 10:11:41 PM
 #506


tonych

Tonych: I hope I was not to offensive in bringing BCNext name here. But the whitepaper with reference to 1984, the technical development, your Russian background, the 22 month development time, the combination of this facts gives a little bit meat around the bone. Would you be interested for an interview in my blog, what I would than bring in two languages German and English?

Thanks a lot for your post!
No, it is not offensive, it is definitely flattering to be mentioned alongside one of the Greats in the history of crypto, but I am not BCNext.
Of course, I would be interested in an interview for your blog.

Many thanks, have some full days in front of me, but will send you a pm when I'm ready.

Thank you.
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September 23, 2016, 10:55:45 PM
 #507

When will the Bitcoin address be announced for participating on the distribution?
Will it be hold somewhere in October / November?

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September 23, 2016, 11:00:51 PM
 #508

I like this project. 

I start a sub forum on my site.


http://btc12.com/?forum-community.htm

cheers.

Glad to see that!
BTW, Byteball logo would look better on a dark background.

Simplicity is beauty
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September 23, 2016, 11:18:12 PM
 #509

@tonych: A few crypto enthusiasts keep on about the term "main chain" you used in the whitepaper. They think that the DAG used in Byteball isn't "pure" because it has a "chain" built-in and they see it as a big failure of the concept.

IMHO it's a big misunderstanding. As far as I have understand the concept, the term "main chain" is only used to draw an analogy for the role of the 12 witnesses. As they periodically issue transactions, these "trusted transactions" prevent double-spends and build something like a chain through the DAG. Maybe a better term for this could be "breadcrumbs" but maybe I'm totally wrong about it!  Cheesy

Main chain is more than just an analogy.  You can also call it "main path" or "main thread".  It is a path that goes through a subset of transactions (marked in bold).  



Given a DAG, you can build a number of paths through the DAG, the main path is special in that it gravitates towards witness-authored transactions.  If you want analogies, imagine a thick cord -- this is the DAG.  Inside the cord, there are multiple wires, one of the wires is the main chain.  The analogy is not accurate because in an electric power cord the wires do not intersect, while in our DAG there are frequent forks and merges among wires.

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September 23, 2016, 11:26:20 PM
 #510

Will it be an ICO?

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September 24, 2016, 02:30:13 AM
 #511

Will it be an ICO?
No ICO
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September 24, 2016, 03:15:33 AM
 #512

When will the Bitcoin address be announced for participating on the distribution?
Will it be hold somewhere in October / November?

Most probably, the exact date will be announced when mainnet is fully functional and ready for launch.

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CryptKeeper
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September 24, 2016, 06:03:03 AM
 #513

@tonych: A few crypto enthusiasts keep on about the term "main chain" you used in the whitepaper. They think that the DAG used in Byteball isn't "pure" because it has a "chain" built-in and they see it as a big failure of the concept.

IMHO it's a big misunderstanding. As far as I have understand the concept, the term "main chain" is only used to draw an analogy for the role of the 12 witnesses. As they periodically issue transactions, these "trusted transactions" prevent double-spends and build something like a chain through the DAG. Maybe a better term for this could be "breadcrumbs" but maybe I'm totally wrong about it!  Cheesy

Main chain is more than just an analogy.  You can also call it "main path" or "main thread".  It is a path that goes through a subset of transactions (marked in bold).  



Given a DAG, you can build a number of paths through the DAG, the main path is special in that it gravitates towards witness-authored transactions.  If you want analogies, imagine a thick cord -- this is the DAG.  Inside the cord, there are multiple wires, one of the wires is the main chain.  The analogy is not accurate because in an electric power cord the wires do not intersect, while in our DAG there are frequent forks and merges among wires.

This explains it very well, thanks!

Follow me on twitter for the latest news on bitcoin and altcoins and I'll follow you back the same day!
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September 24, 2016, 08:36:43 AM
 #514

To participate on distribution we'll need to send btc to an address? Why do not just sign a message from the wallet?


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September 24, 2016, 08:43:26 AM
 #515

To participate on distribution we'll need to send btc to an address? Why do not just sign a message from the wallet?


How else can they pull off what might end up the biggest BTC heist in bitcoins history. They are going to steal your BTC.
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September 24, 2016, 09:32:05 AM
 #516

To participate on distribution we'll need to send btc to an address? Why do not just sign a message from the wallet?


How else can they pull off what might end up the biggest BTC heist in bitcoins history. They are going to steal your BTC.

How could they do this? Just send the coins then move your stash asap
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September 24, 2016, 10:31:08 AM
 #517

I have install bytebal and when i try open it not open.what to do fix this?
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September 24, 2016, 10:34:43 AM
 #518

To participate on distribution we'll need to send btc to an address? Why do not just sign a message from the wallet?


How else can they pull off what might end up the biggest BTC heist in bitcoins history. They are going to steal your BTC.

You can't be serious, you only have to send out a few satoshis. This is a normal payment function which is available in every wallet. Signing messages is not possible in all wallets, so the dev favors the smallest common denominator by using the payment function.

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September 24, 2016, 10:47:23 AM
 #519

I have install bytebal and when i try open it not open.what to do fix this?

What operating system do you use and do you see an error message?

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September 24, 2016, 10:52:53 AM
 #520

I have install bytebal and when i try open it not open.what to do fix this?

What operating system do you use and do you see an error message?
Win 10 64 bit
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