Obyte: Totally new consensus algorithm + private untraceable payments

[MahaRamana]

So if I have BTC on Poloniex and if I cannot transfer them before 11april due to daily transaction limit of 25KUSD, can I link my poloniex BTC address or is it useless ?

[Bimmerhead]

This has probably already been asked, but...

What can I do with byteballs that I can't do with blackbytes? I realize blackbytes have superior privacy. What do byteballs do 'superior' to blackbytes?

[escapefrom3dom]

So if I have BTC on Poloniex and if I cannot transfer them before 11april due to daily transaction limit of 25KUSD, can I link my poloniex BTC address or is it useless ?

afaik u can't use an exchange addresses.

[animalroam]

So if I have BTC on Poloniex and if I cannot transfer them before 11april due to daily transaction limit of 25KUSD, can I link my poloniex BTC address or is it useless ?

afaik u can't use an exchange addresses.

Confirmed. Anyways, if you transfer them out now, you can get 75k worth in the distribution which is a lot already.

[Xmr fan]

Could someone tell me if it works with electrum cliet instead of bitcoin core?

[CjMapope]

Could someone tell me if it works with electrum cliet instead of bitcoin core?

Can you sign a message with electrum?

So yes, yes it does work ;p    (i used electrum)

or maybe i troll you and say you have to download a 50GB blockchain to participate  (you dont, electrum works, as i said above)

[Xmr fan]

Thank you for a quick response

[dreamhouse]

This round of distribution will distribute similar amount as the last 2 rounds?

[ByteFan]

The witness-list can be pulled from any hub, its a centralization/convenience exactly if you as user dont want to care but trust a hub-owner to keep up to date and do the choices for you. If you do want power and control you still have it though.

What if a malicious hub owner pushes its own list of Witnesses ? Isn't it a security threat ?

Still not clear to me the "witness mecanism" of the network. Maybe I have to go seriously to the white paper... (RTFM)

[SatoNatomato]

The witness-list can be pulled from any hub, its a centralization/convenience exactly if you as user dont want to care but trust a hub-owner to keep up to date and do the choices for you. If you do want power and control you still have it though.

What if a malicious hub owner pushes its own list of Witnesses ? Isn't it a security threat ?

Still not clear to me the "witness mecanism" of the network. Maybe I have to go seriously to the white paper... (RTFM)

A hub can do that, but if a unit (transaction) has more than 1 mutation its invalid. Only when 1 witness is replaced by others as well, when the new witness has posted enough stamps, the "stability point" can be moved forward, and then the next witness replaced. Exactly how this works is in the whitepaper, do RTFineManual.

There are some small rules, which need to be followed, the worse which happens if someone doesnt follow the rules, those transactions are invalid, its like sending malformed data.

[mr001]

if i have more addresses in my wallet, can i get Bytballs in my each addresses at the snapshot?

[naska21]

Is there ane trick to speed up the sync? I guess config file needs the strings relavant to  extra nodes. Is it correct?

[CorePrime95]

This has probably already been asked, but...

What can I do with byteballs that I can't do with blackbytes? I realize blackbytes have superior privacy. What do byteballs do 'superior' to blackbytes?

The byteballs take part in the upcoming distributions. Depending on how many rounds there will be, the amount of Bytes you hold will multiply by themselves.

[kola-schaar]

Are you worried about the security of the linking process for BTC?
Coinbase cold storage is supported. (See the posting of testerx below..)
https://bitcointalk.org/index.php?topic=1608859.6240

Hardware wallets (i.e. Ledger Nano S, Trezor) are supported.
Tutorial Ledger Nano S
https://bitcointalk.org/index.php?topic=1608859.msg17259024#msg17259024
Tutorial Trezor
https://bitcointalk.org/index.php?topic=1608859.msg17114185#msg17114185

For questions or problems ask the helpdesk: http://slack.byteball.org/

Edit: See the posting of testerx below..

[bspus]

Could someone tell me if it works with electrum cliet instead of bitcoin core?

Can you sign a message with electrum?

So yes, yes it does work ;p    (i used electrum)

or maybe i troll you and say you have to download a 50GB blockchain to participate  (you dont, electrum works, as i said above)

Its actually over 100 GB by now!

[testerx]

Are you worried about the security of the linking process for BTC?
Coinbase cold storage is supported.
https://bitcointalk.org/index.php?topic=1608859.6240

Hardware wallets (i.e. Ledger Nano S, Trezor) are supported.
Tutorial Ledger Nano S
https://bitcointalk.org/index.php?topic=1608859.msg17259024#msg17259024
Tutorial Trezor
https://bitcointalk.org/index.php?topic=1608859.msg17114185#msg17114185

For questions or problems ask the helpdesk: http://slack.byteball.org/

lol that Coinbase user is going to be pretty disappointed that they didn't read carefully about the # of BTC linked to it in the chatbot.  Coinbase storage doesn't use individual wallets it goes to a pool of wallets so the address you sign from has it's balance swept.

The only wallets that have the actual BTC kept at that address on Coinbase are the multisignature vault addresses and you can't sign from a multisignature address.

The distribution only works with signature method via a non-multisig address that you control the private keys to.  

The byteball chat bot will tell you how many BTC are in your linked addresses, and if you link a Coinbase address you'll see that it actually shows no balance.  But I guess they'll find out the hard way soon enough.

[Come-from-Beyond]

A hub can do that, but if a unit (transaction) has more than 1 mutation its invalid. Only when 1 witness is replaced by others as well, when the new witness has posted enough stamps, the "stability point" can be moved forward, and then the next witness replaced.

In other words, if you replace one witness with yourself and I replace another witness with myself we'll split the network into two halves. There will be 50% of users behind your choice and 50% of users behind my choice. And of course, I will never accept you as a witness and you will never accept me. Looks like the consensus will diverge for indefinite period of time in this scenario.

[onetwo12]

so what's the block time of byteball?

and how can we scalable the TPS?

or what's the maximum TPS?

thank you very much

[SatoNatomato]

so what's the block time of byteball?

and how can we scalable the TPS?

or what's the maximum TPS?

thank you very much

See a few tens of pages back please these questions have been discussed and answered.

[Come-from-Beyond]

so what's the block time of byteball?

and how can we scalable the TPS?

or what's the maximum TPS?

thank you very much

See a few tens of pages back please these questions have been discussed and answered.

You lie again. Max TPS question has never been answered directly. "A few tens of pages" contain only attempts to evade answering this direct question.

EDIT: Oh, with that "few tens of pages" you have just evaded it again, you know that noone will go through 10s of pages.