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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1225183 times)
cian
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April 16, 2017, 08:31:15 PM
 #6981

I'm trying to get black bytes, can anyone share with me noobie instructions on how to buy them and how to earn them ? Thanks in advance  Smiley
There are several different types of Bitcoin clients. Header-only clients like Bither trust that the majority of mining power is honest for the purposes of enforcing network rules such as the 21 million BTC limit. Full clients do not trust miners in this way.
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damashup
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April 16, 2017, 09:51:14 PM
Last edit: April 17, 2017, 06:32:15 AM by damashup
 #6982

Getting the follow error from 1.7 wallet (on mac):

Quote

Uncaught exception: Error: Error:
malformed SELECT hash_tree_balls.unit FROM
hash_tree_balls LEFT JOIN units USING(unit) WHERE
units.unit IS NULL ORDER BY ball_index

Screenshot: https://snag.gy/PUn5Vb.jpg

Wallet then crashes. Any ideas on how I can resolve this?

Make sure that the disk is not full and there are no hardware problems.  Try restarting the wallet.  If nothing helps, this might be one of those unfortunate cases when you have to use a backup.

I'm now getting the following error:-



I've tried restoring from full backup (doesn't work - I get the original error message) and from seed (says the seed is invalid even though I know this is correct). Anything I can do to recover my balls or are they lost?
hannusolo
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April 16, 2017, 10:15:19 PM
 #6983

I'm trying to get black bytes, can anyone share with me noobie instructions on how to buy them and how to earn them ? Thanks in advance  Smiley

Blackbytes can not be traded on exchanges yet, this should change in the future. You can buy them directly from users.
Or the easiest way is to participate in the next (5th) and future distribution rounds. (How to is described in the ANN post)
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April 16, 2017, 10:15:40 PM
 #6984



Find one of 5 Byteball Easter Eggs,
each worth 1 GB ($80-$100):

https://youtu.be/uWTTLfclSF0


3rd https://twitter.com/cryptkeeperbtt/status/853274317395824640
and 4th https://twitter.com/cryptkeeperbtt/status/853556030168592385
Easter Eggs found!

Get prepared for the last Easter Egg on Monday, the finder wins 1 GB + 25 GBB (Blackbytes)!

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
CookieFactory
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April 17, 2017, 02:53:46 AM
 #6985

I'm still getting Windows malware detected on new client. Guessing I have to disable virus protection.

Same. Windows defender just removed a "Trojan" from the installation.
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April 17, 2017, 05:31:14 AM
 #6986

happy new year! Smiley

3 coins is very interesting.  byteball/elastic XEL/ Qtum/

will hold my 700BTC shares byteball for one year.

700 BTC shares byteball?  We got a whale in the house!  Cheesy

But yes, it's good to hold byteball for now... I'm curious what will happen with black byteballs.



Coinmarketcap gives 1,499 BTC as the market cap for all the byteballs distributed. I doubt anyone was given 700 BTC worth, that's almost half of all byteballs distributed. It would require linking approximately 30000 BTC to get that number of byteballs from the distribution.
Explorer shows that your bb address contains 1012588898911 bytes:

https://explorer.byteball.org/#N5M2V4ZV3GWBRIGPHKOIVFI54UHDDDGC

not half marketcap..

about 1012588898911 Smiley

byteball will be popular!

i will hold and buy BTC/Byteball/Qtum/elastic XEL  in 2017.


i am happy i am still hold my byteball, did not sell any!

https://explorer.byteball.org/#N5M2V4ZV3GWBRIGPHKOIVFI54UHDDDGC

right now, it's become more..

1347GB.

will hold this until 15th April 2018.

i will hold Byteball/Qtum/Elastic in 2017.

 rich more rich with this method..may be time to restor the balance..think so dev.

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April 17, 2017, 07:52:04 AM
 #6987


Based on this table, I can see a large inflation happen the coming 12 rounds. The percentage of bytes distributed will go up a factor 6 (from 16% to 96%). Until then, the 10% monthly reward for owning bytes makes it interesting to keep the bytes.
However, after the airdrop ends, suddenly the incentive to HOLD ends with it. At that point the price can drop quite a lot.

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April 17, 2017, 08:03:11 AM
 #6988

Byteball is very innovative. But to completely replace the BTC is still very difficult.
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April 17, 2017, 08:06:04 AM
 #6989

Byteball has DAG technology, but the function is not perfect, there is still a long way to go.
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April 17, 2017, 08:13:27 AM
 #6990

Byteball is very innovative. But to completely replace the BTC is still very difficult.

I also think it's possible for any coin to replace BTC. Byteball is still very young so it would take very long time to grow to reach the adoption level of BTC but that is good investment. In future this will be huge coin.
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April 17, 2017, 08:15:38 AM
Last edit: April 17, 2017, 12:33:42 PM by galaxiekyl
 #6991

...

 rich more rich with this method..may be time to restor the balance..think so dev.

Are you a communist?

im not..but this isn't me wich distrib to rich..im not totalitarianism no more.

yu get free money and more yu spit on smaller..i never understand why rich contemp so much poor..when a richs become more rich system is consolidated..but when poors become rich system failure..it is really true.

i like byteball because it is Innovative project not a simple copy of bitcoin..but i no want some body get all coins..and this become a rich dumping.

the process distrib is good because trusted can be verified..yu cant multiple claiming (or it is more difficult)..may be dev can give more percent for small wallet..exemple 20%~<100gb..30%<10gb ect..or reduce part of big wallet..it is simple suggestion.


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April 17, 2017, 08:43:55 AM
 #6992

Congratulation to Byteball that available at bittrex, i hope next also available at poloniex. I will make byteball as second cryptocurrency after bitcoin.
okshin3232
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April 17, 2017, 08:47:15 AM
 #6993

How much is 1 byteball= btc?
innergy
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April 17, 2017, 08:53:20 AM
 #6994

Collecting power for a "over 0.1BTC" market..  Grin Grin

okshin3232
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April 17, 2017, 08:54:44 AM
 #6995

How do I get a reward for 0.01 btc?
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April 17, 2017, 08:59:21 AM
 #6996

How much is 1 byteball= btc?
1 GB = 0.093 BTC
1 GB = 1,000,000,000 bytes
So, 1 byteball = 0.93 / 1,000,000,000 = 0.000000000093 BTC

So, 1 byteball = 0 BTC

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April 17, 2017, 09:01:53 AM
 #6997

How do I get a reward for 0.01 btc?
for 1 BTC your reward is 0.0625 GB
for 0.01 BTC your reward is 0.000625 GB
1 GB = 1,000,000,000 bytes
So, 0.01 BTC will give you 0.000625 X 1,000,000,000 = 625,000 bytes

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Xandan
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April 17, 2017, 09:07:51 AM
 #6998

Last distribution gave me more than 600k bytes that made me excited but once I calculated the value it was shocking. Actually Gbyte and just byte made some confusion at least until to you get used with all unites of the token. Now it made me still happy after all it was free and will try to get better share next month.
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April 17, 2017, 09:38:06 AM
 #6999


Do you think the reasons blackbytes are ridiculously cheap is  no  real exchange at the moment and maybe lack of knowledge of people who just see the white bytes on bittrex?  If the money suppley is 2:1 balck  to  white I feel  at some point there should be a massive price correction/discovery where blackbytes are worth maybe 25% of white bytes?

It simply comes down to lack of exchange. The use case is different and one could argue, they are much more useful to the common man.

Some clever small exchange will crack the problem and then it'll start to be traded more easily, driving the price up.

Someone mentioned timeline and its logical that after the free bytes have all gone then speculators will look to squeeze profit of blackbytes.

For me, this project is all about amassing blackbytes as sooner or later a dark net market will endorse blackbytes and code payment in to their market, hyping blackbytes in the crypto media. If network effects gets started then it's conceivable that blackbytes will be on par or worth more than bytes.

Summary... buy em cheap, hold em and wait it out for a massive profit IF the above happens. They can be bought so cheap, it's well worth the nominal financial risk.
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April 17, 2017, 09:38:39 AM
 #7000

Hi,

For the 4th round I connected my wallet with one bitcoin address(blockchain.info) and the balance was just 0.3BTC but also in this case I should receive some BB? Cause I received nothing  Undecided

Technically, if your funds were on the address you linked, then you should've gotten your share.

How did you link your address? Did you do a micropayment? And if so, did you move your funds back to the address that the bot told you?



Yes they were on the address that I linked. I did a micropayment, I payed 0.001497 BTC from my wallet on blockchain.info. Also got the confirmation from the transition bot after that. Can also show you a screenshot from conversation with transition bot. Really dont know why I did not receive any BB. But now I want to be sure to get some at the next round.
Maybe I use wrong wallet?
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