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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1234310 times)
CorePrime95
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April 27, 2017, 09:18:21 PM
 #7381

Hi, can anyone tell me what caused recent price surge?

P2P insurance using Byteball released
sunchunlei
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April 28, 2017, 02:10:23 AM
 #7382

How to receive the blackbyteball from touych
Can you help me? I bought 27G byteball
4.12 blackbyteball hasn't arrived yet
My byteball address is TBXDQ7QBVGLJVTLKHY7AZH5RUTGBWLMH
What do you need to do with blackbyteball distributed by touych
cybterpunk
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April 28, 2017, 02:17:21 AM
 #7383

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.


that's a great usecase.
CryptKeeper
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April 28, 2017, 05:08:10 AM
 #7384

Someone says me how to sign in to my wallet balance after i reinstall windows or i buy a new PC and install on him byteball wallet, how to sign in to my wallet balance Huh

You need to have a backup file from the built-in backup function or a manual copy of the user data folder of your byteball installation.

Follow me on twitter! I'm a private Bitcoin and altcoin hodler. Giving away crypto for free on my Twitter feed!
CryptKeeper
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April 28, 2017, 05:10:05 AM
 #7385

How to receive the blackbyteball from touych
Can you help me? I bought 27G byteball
4.12 blackbyteball hasn't arrived yet
My byteball address is TBXDQ7QBVGLJVTLKHY7AZH5RUTGBWLMH
What do you need to do with blackbyteball distributed by touych

Make sure you have version 1.8.2 installed and wait until it's fully synced. On a full wallet, this can take several hours.

Follow me on twitter! I'm a private Bitcoin and altcoin hodler. Giving away crypto for free on my Twitter feed!
kaicrypzen
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April 28, 2017, 08:09:00 AM
 #7386

I've seen some posts requesting the establishment of a dev fund, just for the record, there is a community fund, used to pay for bounties and other expanses (not main devs salaries as far as I know), check out this post for more information https://bitcointalk.org/index.php?topic=1608859.msg18115774#msg18115774. Maybe a link to this post should be added to the first post.

drawingthesun
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April 28, 2017, 04:13:09 PM
 #7387

I've seen some posts requesting the establishment of a dev fund, just for the record, there is a community fund, used to pay for bounties and other expanses (not main devs salaries as far as I know), check out this post for more information https://bitcointalk.org/index.php?topic=1608859.msg18115774#msg18115774. Maybe a link to this post should be added to the first post.

How is the fund, funded?
kola-schaar
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April 28, 2017, 05:43:20 PM
 #7388

This night (2:59), Byteball exist 3000 hours (125 days).

Gratulation tony & community - well done.
kaicrypzen
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April 28, 2017, 06:26:51 PM
 #7389

I've seen some posts requesting the establishment of a dev fund, just for the record, there is a community fund, used to pay for bounties and other expanses (not main devs salaries as far as I know), check out this post for more information https://bitcointalk.org/index.php?topic=1608859.msg18115774#msg18115774. Maybe a link to this post should be added to the first post.

How is the fund, funded?

Donations in BTC, bytes and blackbytes plus bytes and blackbytes from each round's distribution plus unclaimed blackbytes. There's a spreadsheet with all the ins and outs, you can find the link in the post.

onetwo12
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April 29, 2017, 01:47:06 AM
 #7390

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.


that's a great usecase.

maybe in the future, we can develop more template?

these smart contact usecase can bring a lot of people into byteball.

all in all, byteball is more scalable than Ethereum in the future

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM
wood7
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April 29, 2017, 02:13:12 AM
 #7391

How many Gbyte on the first distribution,if I have 1 btc?
European Central Bank
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April 29, 2017, 02:18:06 AM
 #7392

it was a huge amount more than all the other rounds. maybe 7gb per 1 btc or something.
drawingthesun
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April 29, 2017, 02:19:04 AM
 #7393

I've seen some posts requesting the establishment of a dev fund, just for the record, there is a community fund, used to pay for bounties and other expanses (not main devs salaries as far as I know), check out this post for more information https://bitcointalk.org/index.php?topic=1608859.msg18115774#msg18115774. Maybe a link to this post should be added to the first post.

How is the fund, funded?

Donations in BTC, bytes and blackbytes plus bytes and blackbytes from each round's distribution plus unclaimed blackbytes. There's a spreadsheet with all the ins and outs, you can find the link in the post.

Sweet. My initial post was to get a fund with a little more weight going for long term sustainability.

My position was that I think the community would be ok if Tony put 1% of the supply into the fund purely for non-Tony dev purposes. (As Tony himself has the original 1% reward for building Byteball, which is fair)

As Byteballs value increases this fund would last a long time and help Tony run a top tier team.

I just don't see a dev fund based off of donations being able to pay for top tier contractors over the next 10 years.

Whenever I invest in a coin I try to imagine its staying power, can this coin compete, can it last?

The dev fund is always an important consideration to me.
onetwo12
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April 29, 2017, 02:30:04 AM
 #7394

14   Dogecoin Dogecoin   57,769 BTC   0.00000053 BTC   109,147,719,904 DOGE   3,439 BTC   

that's the first target, to replace doge coin.

let's use byteball.

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
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BTCspace
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April 29, 2017, 02:56:03 AM
 #7395

This night (2:59), Byteball exist 3000 hours (125 days).

Gratulation tony & community - well done.

best community ever.

running farm worldwide
testerx
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April 29, 2017, 04:24:33 AM
 #7396

it was a huge amount more than all the other rounds. maybe 7gb per 1 btc or something.
Yeah basically if you were in every distribution except the first you'd have less than half as much byteball vs if you had gotten in the first round, due to the 10% interest on existing byteball.  Kinda wish the distribution rounds had been more even since this heavily favors the big early players like ICONOMI over people learning about it now. 
vlom
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April 29, 2017, 04:25:22 AM
 #7397

i still was not able to create a smart contract. i just don't get after reading this: https://medium.com/byteball/making-p2p-great-again-episode-iii-prediction-markets-f40d49c0abab

is there an how to for dummies?
davidoski
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April 29, 2017, 05:24:59 AM
 #7398

i still was not able to create a smart contract. i just don't get after reading this: https://medium.com/byteball/making-p2p-great-again-episode-iii-prediction-markets-f40d49c0abab

is there an how to for dummies?
First you need to find somebody (a person)  to be a party (peer) to your contract. Than you need to pair your device inside wallet with that other person and you can offer a contract via chat. When your peer accepts your contract offer - BOOM! It's done - peer-to-peer contract.

Chancellor on brink of second bailout for banks
b-cause
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April 29, 2017, 05:26:36 AM
 #7399

How many Gbyte on the first distribution,if I have 1 btc?

At round 1 10% of all Bytes were distributed and ~ 70k bitcoin were linked.
People got about 1,4GB / linked BTC, approx. 20 times more than now.
bitcoinuserz
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April 29, 2017, 06:06:53 AM
 #7400

This night (2:59), Byteball exist 3000 hours (125 days).

Gratulation tony & community - well done.

best community ever.

Am I only one thinking about the game "Plague"? LMAO

Upgrade our virus!!!!!!  Cheesy Cheesy

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