Obyte: Totally new consensus algorithm + private untraceable payments

[Karartma1]

An interesting read about Byteball on steemit:

https://steemit.com/byteball/@cryptomancer/grab-a-ball-of-bytes-for-fun-and-profit

"There's really nothing to lose by taking part in the coming distribution rounds with whatever spare Bitcoin you happen to have on hand, and potentially a lot to gain."

Agreed

[lsqgoddess]

An interesting read about Byteball on steemit:

https://steemit.com/byteball/@cryptomancer/grab-a-ball-of-bytes-for-fun-and-profit

Yes, it is very fun to get free Byteballs and make it into bitcoin, using bitcoin to earn bitcoin is the happiest thing to make bitcoin, yeah.

[pompatore]

i got btc, how to get free byteballs?

[escapefrom3dom]

i got btc, how to get free byteballs?

1. install the wallet.
2. link ur btc and bb addresses (follow the transition bot instructions).
3. check the result via transition bot or here http://transition.byteball.org/

[BTCspace]

byteball will be popular soon.

it's the time to get some free byteball today.

[Jeff Jefferson]

hey guys, i have byteballs in my wallet. when i ask the transition bot it tells me i need to link my bitcoin wallet. but i just want to have my byteball wallet linked. how do i do that

[kaicrypzen]

hey guys, i have byteballs in my wallet. when i ask the transition bot it tells me i need to link my bitcoin wallet. but i just want to have my byteball wallet linked. how do i do that

The only way is to link a bitcoin address to a byteball address (you need both). That is if you want to get blackbytes. It doesn't matter if your bitcoin address is empty.

[kola-schaar]

[starblocks]

Very cool stuff

[GiuliaC]

If we already have a Byteball address with coins, do we have something to do in order to receive black bytes during next distribution round?

[nillohit]

If we already have a Byteball address with coins, do we have something to do in order to receive black bytes during next distribution round?

You need to move your bytes to your linked byteball address to receive blackbytes. Chat with transition bot to find your byteball linked address.

[GiuliaC]

If we already have a Byteball address with coins, do we have something to do in order to receive black bytes during next distribution round?

You need to move your bytes to your linked byteball address to receive blackbytes. Chat with transition bot to find your byteball linked address.

Now it's asking me to send some btc from an address I control, what a hassle! I expected to avoid that by having my own Byteball address

[kaicrypzen]

Now it's asking me to send some btc from an address I control, what a hassle! I expected to avoid that by having my own Byteball address

Having your own byteball address isn't enough to receive blackbytes, you need it to be linked to a bitcoin address. For that you are not obliged to send a micropayment, you can sign your byteball address with your bitcoin address, and give the signature to the bot to link both addresses.

[BTCspace]

what's the rules for round 3?

thank you

[SatoNatomato]

what's the rules for round 3?

thank you

Same as round 2

[favdesu]

is it possible to run a voting on byteball?

I'd be interested in the whole segwit vs BU discussion, how the linked bitcoin stakeholders would vote.

[SatoNatomato]

is it possible to run a voting on byteball?

I'd be interested in the whole segwit vs BU discussion, how the linked bitcoin stakeholders would vote.

Yes polls are possible, see in headless-byteball/play/create_poll.js but its not yet usable aside from developers.

But this kind of poll woild be skewed, possibly overrepresenting people who dont really care either way about bitcoin since we have Bytebal.

Think on that issue of BU, miners "vote" is what matters.

[Spratan]

i am still holding my byteball..

how many byteball will be free giveaways this time?
thank you

The distribution rules are the same as in the second round:

BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.1 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.21111 blackbytes

And blackbytes to blackbytes also ?

No. You'll get free bytes on based of your linked BTC balance & linked byteball address

So there is no incentive at all for blackbytes owners !
Having blackbytes will make you miss every future rounds of distribution.

[escapefrom3dom]

i am still holding my byteball..

how many byteball will be free giveaways this time?
thank you

The distribution rules are the same as in the second round:

BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.1 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.21111 blackbytes

And blackbytes to blackbytes also ?

No. You'll get free bytes on based of your linked BTC balance & linked byteball address

So there is no incentive at all for blackbytes owners !
Having blackbytes will make you miss every future rounds of distribution.

rtfm.

blackbytes are private, so there is no public way to provide such distribution.

[Cryptoholix]

This is definitely an interesting project. too bad i missed out so far...