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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1229366 times)
sotisoti
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April 10, 2017, 12:55:35 PM
 #6541

Am I too late to participate in the fourth round of distribution?

Bitrated user: sotisoti.
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April 10, 2017, 01:06:31 PM
 #6542

Am I too late to participate in the fourth round of distribution?

that's not late. just join us!


running farm worldwide
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April 10, 2017, 01:34:50 PM
 #6543

Hi,

I would like to join the distribution tomorrow.
I don´t know how to link my btc address with gbyte address. In their web is written: "After installing, chat with the Transition Bot to participate in the next distribution round". But the Transition Bot link is not working.
Any advice please?

Many thanks!

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April 10, 2017, 01:36:44 PM
 #6544

Hi,

I would like to join the distribution tomorrow.
I don´t know how to link my btc address with gbyte address. In their web is written: "After installing, chat with the Transition Bot to participate in the next distribution round". But the Transition Bot link is not working.
Any advice please?

Many thanks!

Go to the chatbot, paste your Byteball adress and follow instructions

ByteFan
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April 10, 2017, 02:05:30 PM
 #6545

Dev can we get this coin on Cryptopia or another exchange??

finally on cryptopia. good job devs!

can someone explain to me how this new algorithm is better for anon-tech & privacy compared to XMR or ZCASH ?

Only blackbytes are anon. Blackbytes are private assets (like barrels of oil or pounds of gold). Blackbytes transcations do not appear in the public chain, they got recorded to a sidechain (pegged to the plublic chain). That's why (appart from initial distribution) you can only get Blackbytes from P2P trading and not from exchange (such as cryptopia). Check Whitepaper.

I am not a dev but a hub operator.
Help spread the network: in your wallet settings->hub set wss://byteball.fr/bb
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April 10, 2017, 02:17:01 PM
 #6546

Only blackbytes are anon. Blackbytes are private assets (like barrels of oil or pounds of gold). Blackbytes transcations do not appear in the public chain, they got recorded to a sidechain (pegged to the plublic chain). That's why (appart from initial distribution) you can only get Blackbytes from P2P trading and not from exchange (such as cryptopia). Check Whitepaper.

This sounds a bit strange to me. Meaning.. can't an exchange send/receive those blackbytes as P2P transfer then trade them as any other coin?
Exchanges handle anon coins too, well enough.

I am not a dev but a hub operator.
Help spread the network: in your wallet settings->hub set wss://byteball.fr/bb

Although the ANN post tells about hubs "the security doesn’t matter much as all messages are end-to-end encrypted" so they are safe enough to use, many will miss that and, since you are Newbie, will not trust your hub.
Ask OP to add your hub address to ANN post, it will give it more strength. It's in his interest too after all.

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April 10, 2017, 02:30:24 PM
 #6547


Although the ANN post tells about hubs "the security doesn’t matter much as all messages are end-to-end encrypted" so they are safe enough to use, many will miss that and, since you are Newbie, will not trust your hub.

I can confirm - although the hub software is rather verbose on the console - all sensitive informations are encrypted when passing throught the hub.

After all we are all Newbies with Byteball, no ?

Ask OP to add your hub address to ANN post, it will give it more strength. It's in his interest too after all.
Good idea. Would you, tonych, make any reference to byteball.fr hub in the ANN post to help diversity ?
Would be appreciated.
Thx.
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April 10, 2017, 02:37:29 PM
 #6548

Where is chatbot?

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April 10, 2017, 02:42:30 PM
 #6549

Where is chatbot?

open the wallet and you will see chat in the right corner.
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April 10, 2017, 03:15:07 PM
 #6550

Do I need to do anything with my byteballs in order to take part in the 4th round or am I automatically in as long as I have them when the snapshot takes place?

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April 10, 2017, 04:00:36 PM
Last edit: April 10, 2017, 04:16:01 PM by naska21
 #6551

I've been using desktop wallet running a light node, sync process never been a problem for me.

Probably it would be the best choice for me but nothing can be changend right now. And dev recomended to instal the full node for desktop. Can not understand why/

Sure it helps the network.

Decided to move all my btc to new address and reinstall BB in light client mode/ The sync process is too painfull

I did it and now have the light client. It does not show the sync bar  at all/ Is this normal? How can I be sure the my light client is fully synchronized?
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April 10, 2017, 04:01:21 PM
 #6552

Do I need to do anything with my byteballs in order to take part in the 4th round or am I automatically in as long as I have them when the snapshot takes place?

if you want to receive black bytes then you have to link your byte-address. otherwise you only will receive bytes.
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April 10, 2017, 04:24:49 PM
 #6553

Let me remind you how the interest will accrue,
8000 gigobayt is given for 130 000 bitcoins  
http://transition.byteball.org/
Consider manually by a simple formula.
137 000+13 700+8 000 April         158 000
158 000+15 800+8 000 may          182 500
182 500+18 250+8 000 June         208 750
208 750+20 875+8 000 July          237 600
237 600+23 760+8 000 August      269 370
269 370+26 937+8 000September 304 300
304 300+30 430+8 000 October    342 700
342 700+34 270+8 000 November 385 000
385 000+38 500+8 000 December 431 500
431 500+43 150+8 000 January    482 700
482 700+48 270+8 000February    539 400
539 400+53 940+8 000March        601 300
601 300+60 130+8 000April          669 000
669 000+66 900+8 000may           744 000
744 000+74 400+8 000June          826 800
826 800+82 600+8 000July           917 000
917 000+91 700+8 000August2018  =1 000000            end
With the current distribution of all is 17 months.
See compound interest.In summary, under the current distribution, will be given to those who hold in bytes,not btc,and in several times,rather 5 times 1.117=5,05.That is, 75% of the distribution will be the owners of the bytes(5 times will get more dark byte), and only 25% owners btc,compound interest win
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April 10, 2017, 04:31:15 PM
 #6554


I am a volunteer to set up and run a witness. Would you replace one of your witnesses by mine in the default list at least until we get some well reputed "captain of industry" to replace me ?

That means : are you socialy ready to start release hands on witnesses ?
Personally, I am ready to place trust in community members.


Nice to hear.

There is now a fresh new witness just started at byteball.fr and posting :

https://explorer.byteball.org/#MEJGDND55XNON7UU3ZKERJIZMMXJTVCV




Imo, witnesses need a way to advertise themselves in the DAG, such that users have an easy way to identify them using the byteball explorer and decide if we can trust them.

.
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April 10, 2017, 05:04:38 PM
 #6555

I've been using desktop wallet running a light node, sync process never been a problem for me.

Probably it would be the best choice for me but nothing can be changend right now. And dev recomended to instal the full node for desktop. Can not understand why/

Sure it helps the network.

Decided to move all my btc to new address and reinstall BB in light client mode/ The sync process is too painfull

I did it and now have the light client. It does not show the sync bar  at all/ Is this normal? How can I be sure the my light client is fully synchronized?
Yes, light client is fully synchronized in 1 second..
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April 10, 2017, 05:56:20 PM
 #6556

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April 10, 2017, 06:33:52 PM
 #6557

COUNTDOWN TO NEXT SNAPSHOT
11th APR 2017 06:08 UTC

This is a nice countdown! I've shamelessly copied it and put it in our #calendar channel.

Thanks  Cool

Follow me on twitter for the latest news on bitcoin and altcoins and I'll follow you back the same day!
Obyte - An open cryptocurrency platform ready for real world adoption
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April 10, 2017, 06:35:47 PM
 #6558



Nice, can I use this gif in twitter?

Follow me on twitter for the latest news on bitcoin and altcoins and I'll follow you back the same day!
Obyte - An open cryptocurrency platform ready for real world adoption
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April 10, 2017, 06:55:52 PM
 #6559

Hello, one question will sound like stupid... Sad

How can I link account signing a message.
The bot said before singning, you must "let me know your bitcoin adress first". How can I show my bitcoin adress to the bot? Writing it in the chatbot doesn't work...

(using android wallet for byteball)

Please, how can I tell the bot my BTC adress before pasting message signed?? I dont want to miss this round!

naska21
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April 10, 2017, 07:06:16 PM
 #6560

Hello, one question will sound like stupid... Sad

How can I link account signing a message.
The bot said before singning, you must "let me know your bitcoin adress first". How can I show my bitcoin adress to the bot? Writing it in the chatbot doesn't work...

(using android wallet for byteball)

Please, how can I tell the bot my BTC adress before pasting message signed?? I dont want to miss this round!

paste address fist and click send icon, then when prompted paste the signed message and click
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