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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1222695 times)
CryptKeeper
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March 08, 2017, 09:33:35 PM
Last edit: July 30, 2017, 03:57:22 PM by CryptKeeper
 #5661

Byteball Community Announcement

The Byteball crypto project has done great so far. Tony, the chief developer, laid the foundation for this with his great invention and continuous hard work. But this project would be nothing without you - the users. Great ideas, testing, translations, marketing, so much was achieved by the community and it's invaluable! To reward those users who play an active role in the community and therefore accelerate the progress of the Byteball crypto project, a fund was created:

The Byteball Community Fund

Purpose
The Byteball Community Fund's goal is to support and encourage the Byteball crypto platform. Fund raising is done by voluntary donations from investors, stakeholders and enthusiasts. Donation payments are accepted in bytes, blackbytes and bitcoins. The fund will pay out bounties for byteball-related work such as reporting security vulnerabilities, software bugs, user support, marketing campaigns etc.

Security
As a security measure, both byteball and bitcoin wallets of the fund use multi-signature transaction confirmation. The trustees of the Byteball Community Fund are:

   * Tony (Anton Churyumoff, byteball's chief developer)
   * CryptKeeper (byteball's community leader)
   * Marenkar (Travin Keith, board member Nxt Foundation)
   * Durerus (byteball investor and adviser)

Any outgoing transaction needs to be confirmed by at least 3 trustees (3-of-4 multi-sig).

Project funding
Besides bounty payment for smaller achievements, the fund can also decide to support byteball-related projects. For most projects, the project leaders should seek funding by investors or organize a crowdfunding. Because the community fund supply is scarce, funding of such projects should be the last option sought and will only be considered if the project is important for the platform.

Decision-making procedure
As this fund is a community fund, byteball community members will be actively involved in the decision making for the most important issues and community feedback will be taken into account by the trustees.

Like the multi-sig setup implies, trustees come to a decision in an informal meeting with a simple majority.

Fund management
The goal of the community fund is not to gain profits by trading with the donated currencies. Quite the contrary, the fund must be managed in the most conservative way to avoid any risks! However it may be necessary to exchange one currency to another to maintain the fund's liquidity and to be able to pay expenses if another currency is required. The decision of whether a share of the fund should be exchanged will be decided by the trustees with a simple majority.

To maximize the effectiveness of the donations, the fund's wallet addresses will take part in the distributions of free bytes and blackbytes.

Accounting
Fund accounting will be as transparent as possible and detailed reports published regularly, though donors and bounty recipients can choose to stay anonymous.
Current fund balances: 8.47 GB / 3,303.20 GBB / 0 BTC

Donation accounts
If you want to donate, please use one of the following addresses:

For Bytes: KREOV5Y57FRWQKDHJ7BD3SFQBEVVPAG3

For BTC: 35Bpkq2EoadRAwjmiTabWXUTn15X8Z7aii 39zeGpu4nG6BqB9ARxd9xM9XThX9JCmx8t (new address)

You can also donate Blackbytes! In this case, please contact Tony or CryptKeeper, who will guide you through the process.

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Obyte - An open cryptocurrency platform ready for real world adoption
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zanzibar
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March 08, 2017, 09:41:14 PM
 #5662



Nice, will definitely support this. I suggest you guys reach out to Kmodo, Lisk, Iconomi to ask for donations as well, since they are by far the largest holders.
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March 08, 2017, 09:49:55 PM
 #5663

Byteball Community Announcement
....
The Byteball Community Fund
....

Forgot to ask. I am looking for a tutorial how to exchange Byteball for BlackByteball with the new feature in version 1.5. When I understand correctly, the new version of Byteball wallet offers this feature now.

Can you please create a post or a blog entry for that? I would be very grateful.

If someone writes a tutorial, we offer a 0.5GB or 5GBB bounty out of the community fund.

Simplicity is beauty
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March 08, 2017, 09:53:30 PM
 #5664

and i did not manage to send a bided transaction. the text show here just dont appear....

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March 08, 2017, 10:35:43 PM
 #5665

and i did not manage to send a bided transaction. the text show here just dont appear....



You must have installed version 1.5.0 at least and some blackbytes could also be helpful  Smiley

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Obyte - An open cryptocurrency platform ready for real world adoption
tobeaj2mer01
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March 09, 2017, 02:54:05 AM
 #5666

Critical error when sending blackbyteball:

Sirx: SQyHJdSRPk5WyvQ5rJpwDUHrLVSvK2ffFa
dEjAvU97
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March 09, 2017, 04:16:22 AM
 #5667

I am really surprised to see the performance of this coin. It is amazing for a new coin that have new system. I wish I could have gathered some during the initial days. The most important is this coin could be accepted in many exchangers such as poloniex, bittrex and yobit.
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March 09, 2017, 06:40:37 AM
 #5668

Critical error when sending blackbyteball:


The fees must be paid in bytes. Do you have enough bytes for the 3 transactions used in the binding payment contract?

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Obyte - An open cryptocurrency platform ready for real world adoption
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March 09, 2017, 07:16:19 AM
 #5669

Byteball Community Announcement

The Byteball crypto project has done great so far. Tony, the chief developer, laid the foundation for this with his great invention and continuous hard work. But this project would be nothing without you - the users. Great ideas, testing, translations, marketing, so much was achieved by the community and it's invaluable! To reward those users who play an active role in the community and therefore accelerate the progress of the Byteball crypto project, a fund was created:
...

This should be added to the OP.
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March 09, 2017, 07:16:46 AM
 #5670

Byteball Community Announcement

snip

You should start a info blog on the main internet site for this so that we don't lose these kind of information in this thread. It would be good either way to have a news section in the byteball website.
Just a thought

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March 09, 2017, 08:55:39 AM
 #5671

Critical error when sending blackbyteball:


The fees must be paid in bytes. Do you have enough bytes for the 3 transactions used in the binding payment contract?
I have 1000+ byteball, is it enough?

Sirx: SQyHJdSRPk5WyvQ5rJpwDUHrLVSvK2ffFa
SatoNatomato
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March 09, 2017, 09:11:39 AM
 #5672

Critical error when sending blackbyteball:
https://i.imgur.com/7ks2DcK.png

The fees must be paid in bytes. Do you have enough bytes for the 3 transactions used in the binding payment contract?
I have 1000+ byteball, is it enough?
You may need more than that, Id guess 3000 bytes would be enough.
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March 09, 2017, 09:14:28 AM
 #5673

Byteball Community Announcement

The Byteball crypto project has done great so far. ....
...
I am delighted  Smiley - irrespective of all monetary aspects (which also look good), the project advances impressively.
Conditional payments with version 1.5 is a great solution.
I find it extremely important to provide potential developers with good / pioneering solution examples.
It seems the declarative language makes it easy to portage existing (successful) business models.

The Byteball Community Fund is a crucial step for the development of the community.
I will keep my bytes very long, but at the end of each year I will donate 10% of my profits to the fund.. Grin

Continue this way and the success is unstoppable
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March 09, 2017, 10:37:49 AM
 #5674

Question: is it possible to link multiples bitcoin addresses with one Byteball wallet?
Yes, one wallet can contain many addresses, but it is also possible to link multiple bitcoin addresses to one byteball-address.
Question: is it possible to link multiples bitcoin addresses with one Byteball wallet?
Yes, you will see this many times here:
http://transition.byteball.org/
Ok, thanks guys. I will try that.

"Panic Selling is not an Investment Strategy"
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March 09, 2017, 10:53:51 AM
 #5675

Question: is it possible to link multiples bitcoin addresses with one Byteball wallet?

yes, you can trying to add new a entry
Dont forget to update your wallet in the last version.

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mineru
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March 09, 2017, 10:55:34 AM
 #5676

Remember to vote for Byteball if you have an account on Novaexchange . We are at 101 of 250 votes required. You can vote daily.
Regards.

https://novaexchange.com/addcoin/

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March 09, 2017, 11:43:33 AM
 #5677

Remember to vote for Byteball if you have an account on Novaexchange . We are at 101 of 250 votes required. You can vote daily.
Regards.

https://novaexchange.com/addcoin/

will do... @103 now
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March 09, 2017, 01:36:20 PM
 #5678

Remember to vote for Byteball if you have an account on Novaexchange . We are at 101 of 250 votes required. You can vote daily.
Regards.

https://novaexchange.com/addcoin/

I do not think that this exchange can give something significant for this project.
But it certainly will not be superfluous.


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March 09, 2017, 02:46:47 PM
 #5679

what about HD wallets that generate unique addresses each time a spend is made and you have funds scattered around many addresses?

You can either move your complete balance to one linked address or you can sign a message for all addresses, one after the other. Sounds like a lot of work with signing but actually it could be faster because you don't have to wait for slow bitcoin confirmations!

message signing is still hard or not yet possible natively with hardware wallets. so there's only the option of moving all funds to the one address.

Here's a good list of wallets which supports signing: https://bitcointalk.org/index.php?topic=990345.0

This is a tutorial about linking with a trezor: https://medium.com/byteball-help/tutorial-on-linking-trezor-wallet-to-byteball-account-via-signing-a-message-b4e390d7e1a8#.e9iy0wwzw

fyi for those interested you can sign messages with your ledger nano s wallet as well. you need to plug your xpub key into https://iancoleman.github.io/bip39/ to get the path derivation that matches the btc address you want to sign the message with. getting access to the xpub and signing the message are both accessible from the chrome app. this is how i'm linking my btc address this time around instead of sending funds like the first time i participated last round.

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March 09, 2017, 04:06:52 PM
 #5680

What exchanges currently support Byteball? Only that crappy little one still or have more been added?
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