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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1236130 times)
CorePrime95
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April 26, 2017, 08:59:15 PM
 #7321

My GBYTES are at Bittrex. (How) can I participate in the airdrop distribution?


You could also install a byteball light wallet and withdraw them from bittrex for that day.
hannusolo
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April 26, 2017, 09:18:53 PM
 #7322

How does one became a witness besides being online all the time? I should post address here or somewhere, than someone may add me as a witness, or how does this ecosystem work?
realbigs21024
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April 26, 2017, 09:33:06 PM
 #7323

Will milk cows and mow laws for byteball lol as you can tell I love me some byteball but have no btc for them right now is there anyway to earn them.
Oraculus
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April 26, 2017, 09:48:59 PM
 #7324

Hello, i updated my full wallet to v. 0.18 and made a full encrypted backup while it was synching (synch took over 24h) and tried to make another one now and it doesnt work, I get a red backup failed message... Why would this happen?
Am i good just copying byteball.sqlite manually? Is the first backup OK (i havent received yet all my coins at the moment of backup)?
escapefrom3dom
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April 27, 2017, 01:56:45 AM
 #7325

Hello, i updated my full wallet to v. 0.18 and made a full encrypted backup while it was synching (synch took over 24h) and tried to make another one now and it doesnt work, I get a red backup failed message... Why would this happen?
Am i good just copying byteball.sqlite manually? Is the first backup OK (i havent received yet all my coins at the moment of backup)?

u can make a full backup manually by copying the whole folder C:\Users\UserName\AppData\Local\byteball (Win10).

davidoski
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April 27, 2017, 04:39:10 AM
 #7326

Dear hodlers,

The time has come to put your bytes into real use.

We are launching P2P insurance on smart contracts https://medium.com/byteball/making-p2p-great-again-episode-iv-p2p-insurance-cbbd1e59d527.


This is pretty huge. The multibillion insurance business that is run by big corporations is now open to every individual. All because in p2p contract it doesn't matter who are you insured with - if its a big corporation or a man in a cave in Afganistan - the result of the contract is the same. It means that the insurance companies better start insure within the byteball system or simply loose market share to us - the people.

Chancellor on brink of second bailout for banks
onemanatatime
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Aluna.Social


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April 27, 2017, 04:46:52 AM
 #7327

Price on a tear!!! good job devs keep it up.. this will soon be a contender against the likes of DASH XMR ZEC

This time it's different.
kola-schaar
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April 27, 2017, 05:12:29 AM
 #7328

ByteFan
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April 27, 2017, 05:21:05 AM
Last edit: April 27, 2017, 06:57:02 AM by ByteFan
 #7329

byteball.fr
now provides a heartbeat page that summarizes units activity on the network.

Byteball.fr is an alternative hub (paired with master byteball.org) and community witness operated on a 300Mbps unmetered link.
To get efficient communication, faster wallet sync and to support our community-driven Witness:

In your wallet settings  hub set byteball.fr/bb

Heps guys! We need more support for our witness! Thx
vlom
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April 27, 2017, 07:02:41 AM
 #7330

byteball.fr
now provides a heartbeat page that summarizes units activity on the network.

Byteball.fr is an alternative hub (paired with master byteball.org) and community witness operated on a 300Mbps unmetered link.
To get efficient communication, faster wallet sync and to support our community-driven Witness:

In your wallet settings  hub set byteball.fr/bb

Heps guys! We need more support for our witness! Thx

please tell me why you need us to change the settings in the wallet. what will change for you?
upsstart
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April 27, 2017, 07:20:55 AM
 #7331

Can anybody help me solve the problem with my light wallet (upgraded to v1.8.2)?
I funded it with some Gb recently, and today tried to make outgoing transaction to another BB address and saw this message from light wallet:
Failed to send payment: [connect to light vendor failed]: Error: Socket Closed

What can I do to fix it?
Come-from-Beyond
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April 27, 2017, 07:48:18 AM
 #7332

The flight oracle is run by tonych so there is too much incentive for him not to lie, and he has very much already earned street cred.

Most oracles should not be anonymous though, unless you think shady deals.

How reliable is this oracle? If it doesn't report the information in time, can we see that it indeed has crashed and hasn't been just switched off to not report the outcome which would lead to money loss for its operator? Without reliability usage of such oracle is like playing in online casino which can say "Oops, we can't decide if you have won or lost" any time when you would win.
provenceday
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April 27, 2017, 07:56:30 AM
 #7333

The flight oracle is run by tonych so there is too much incentive for him not to lie, and he has very much already earned street cred.

Most oracles should not be anonymous though, unless you think shady deals.

How reliable is this oracle? If it doesn't report the information in time, can we see that it indeed has crashed and hasn't been just switched off to not report the outcome which would lead to money loss for its operator? Without reliability usage of such oracle is like playing in online casino which can say "Oops, we can't decide if you have won or lost" any time when you would win.

oracle should have some secure deposit based on game theory.
provenceday
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April 27, 2017, 07:57:02 AM
 #7334

Dear hodlers,

The time has come to put your bytes into real use.

We are launching P2P insurance on smart contracts https://medium.com/byteball/making-p2p-great-again-episode-iv-p2p-insurance-cbbd1e59d527.

Starting today, you can use your bytes to buy or sell insurance against flight delay.
Some of you might be going to fly in the near future.  Buy insurance from peers and get paid if your flight is delayed.  
If you are selling insurance, you have opportunity to make a profit, thus earning interest on your holdings (with correct risk management, of course!).

Before buying/selling, learn stats about your flight to estimate the probability of delay and decide how much you are willing to pay (if buying) or ask (if selling).  Some useful resources:
http://www.flightstats.com
http://flightaware.com/
https://www.flightradar24.com

Then post your offer in #p2p_insurance channel on our slack.

I'm going to fly to Dalaman (Turkey) via Istambul, and to get this market going, I ask you to insure my flights:
TK420 on Apr 30
TK2554 on Apr 30
TK2561 on May 9
TK413 on May 10

I'm willing to pay 10% for insurance against delay of 15 minutes or more, or 5% for insurance against delay of 30 minutes or more (I didn't actually research the stats and don't know how fair these premiums are, but a disbalance of supply and demand will tell me if I'm wrong).  Each flight is a separate contract, and I'll be more than happy to buy from different sellers.


thanks for the updates, that's a good business and usecase.
Come-from-Beyond
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April 27, 2017, 08:02:33 AM
 #7335

oracle should have some secure deposit based on game theory.

Ethereum is planning to do so in Casper, interesting, if Byteball uses this anti-cheat measure.
onetwo12
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April 27, 2017, 08:05:25 AM
 #7336

byteball.fr
now provides a heartbeat page that summarizes units activity on the network.

Byteball.fr is an alternative hub (paired with master byteball.org) and community witness operated on a 300Mbps unmetered link.
To get efficient communication, faster wallet sync and to support our community-driven Witness:

In your wallet settings  hub set byteball.fr/bb

Heps guys! We need more support for our witness! Thx

do you know how many people moved their byteball?


Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM
provenceday
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April 27, 2017, 08:10:00 AM
 #7337

oracle should have some secure deposit based on game theory.

Ethereum is planning to do so in Casper, interesting, if Byteball uses this anti-cheat measure.

casper goes a little far away, but for a decentralized network, it's hard to find a way to restraint nodes behavior.

bitcoin only use reward structure for good nodes, no punishment for bad nodes.  Wink


escapefrom3dom
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April 27, 2017, 08:13:49 AM
 #7338

oracle should have some secure deposit based on game theory.

Ethereum is planning to do so in Casper, interesting, if Byteball uses this anti-cheat measure.

casper goes a little far away, but for a decentralized network, it's hard to find a way to restraint nodes behavior.

bitcoin only use reward structure for good nodes, no punishment for bad nodes.  Wink

metropolis will come first.

here is a good article:
http://www.coindesk.com/whats-to-do-before-ethereum-enters-its-third-metropolis-stage/

provenceday
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April 27, 2017, 08:16:54 AM
 #7339

oracle should have some secure deposit based on game theory.

Ethereum is planning to do so in Casper, interesting, if Byteball uses this anti-cheat measure.

casper goes a little far away, but for a decentralized network, it's hard to find a way to restraint nodes behavior.

bitcoin only use reward structure for good nodes, no punishment for bad nodes.  Wink

metropolis will come first.

here is a good article:
http://www.coindesk.com/whats-to-do-before-ethereum-enters-its-third-metropolis-stage/

Ethereum is a hype right now, no one really using the smart contract function right now(maybe in the future)
people are using Ethereum as the world biggest crowdfunding platform.  Grin
also all the nodes are running the same contract just to get the consensus...
that's not the future of blockchain.
xolod
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April 27, 2017, 08:20:09 AM
 #7340

what is it?
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