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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1234311 times)
Cryptogott
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May 10, 2017, 09:04:11 PM
 #7881

How can i trade my blackbytes on exchanges? If i can't trade then what good is it for?

Any reaction?

no exchanges for it. it's p2p only. it's there for the future when a use is found for it. anonymity might become a bunch more important than it is now.

But if we can't trade them, how are we gonna name its price tag? Why would anyone trade something which doesn't have any value?
Kryptowerk
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Disobey.


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May 10, 2017, 09:09:37 PM
 #7882

How can i trade my blackbytes on exchanges? If i can't trade then what good is it for?

Any reaction?

no exchanges for it. it's p2p only. it's there for the future when a use is found for it. anonymity might become a bunch more important than it is now.

But if we can't trade them, how are we gonna name its price tag? Why would anyone trade something which doesn't have any value?
My guess an exchange will be created some time where people have to link their addresses to the central-exchange address and then can change their blackbyte. A realization of this will probably take some time, though.

Get educated about Bitcoin. Check out Andreas Antonopoulos on Youtube. An old but gold talk: https://www.youtube.com/watch?v=rc744Z9IjhY

UPDATE 2024: Daniel Schmachtenberger on The Meta-Crisis: https://www.youtube.com/watch?v=LSx8j8lSewA Important talk about the current state of this planet and human society in general.
European Central Bank
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May 10, 2017, 09:09:59 PM
 #7883

But if we can't trade them, how are we gonna name its price tag? Why would anyone trade something which doesn't have any value?

you can trade them but only with other individuals. think of it as a possible future bonus and maybe forget about them for now. you might get a nice surprise in the future. i don't know where the price is coming from on byteball.co, maybe here - https://byteball.slack.com/?redir=%2Fmessages%2FC3KFYK5H7
s1lverbox
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May 10, 2017, 09:20:32 PM
 #7884

having an issue with btc linked to byteball transition page.

I have balance 16+ btc but it showing only 3+BTC

Any idea whats happening?

using a wallet with a bunch of addresses combined?
check in in wich addresses you a balance have and link all of them.

Check linked addresses on transition.byteball.org

All checked. Had to link again same wallet and same message to get updated wallet numbers
CryptKeeper
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May 10, 2017, 09:23:39 PM
 #7885

It was promised that the distribution formula will change in the future rounds to give more new Bytes to current Byte holders relative to BTC holders.

On June 9 we'll have the 6th round of distribution, and after more than 4 months in the wild and having survived multiple post-distribution dumps, I think now it feels safer than before to participate in the distribution with Bytes, that's why the formula will change in favor of Byte-holders.  Also, I want to accelerate the distribution to minimize the perceived uncertainty connected with undistributed coins.

So, these are the rules for the distribution on June 9 (nothing changes for the today's round):

BTC to bytes: (no change) 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: (no change) 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: (2x increase) 1 byte on any Byteball address gives you 0.2 new bytes
Bytes to blackbytes: (2x increase) 1 byte on linked Byteball address gives you 0.42222 blackbytes


Spread the news, please retweet: https://twitter.com/cryptkeeperbtt/status/862417062869835776

Follow me on twitter! I'm a private Bitcoin and altcoin hodler. Giving away crypto for free on my Twitter feed!
bobq
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May 10, 2017, 09:25:54 PM
 #7886

I have just realised that I have linked all my BTC addresses to a Byteball address in my wallet where according to my history I have received some bytes bought in an exchange. However, if I click on receive in my wallet, I see another address. How can I check and be sure that the linked address belongs actually to my wallet?

CryptKeeper
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May 10, 2017, 09:28:07 PM
 #7887

I have just realised that I have linked all my BTC addresses to a Byteball address in my wallet where according to my history I have received some bytes bought in an exchange. However, if I click on receive in my wallet, I see another address. How can I check and be sure that the linked address belongs actually to my wallet?

You can see all byte addresses of your wallet if you click on the cogwheel symbol -> Advanced -> Wallet Information

Follow me on twitter! I'm a private Bitcoin and altcoin hodler. Giving away crypto for free on my Twitter feed!
portabella
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May 10, 2017, 09:31:52 PM
 #7888

Hello Byteballers!

Dont forget to replace the default witness JED* with the second witness to appear on the network, the fancy fast 7ULGTPFB72TOYA67YNGMX2Y445FSTL7O

You can also use these hubs which should offer you the above witness if you so choose.

Europe: byteroll.com/bb
Americas: e.byteroll.com/bb
Singapore: s.byteroll.com/bb

Diversify the witnesses, let me collect the transaction fees, and in turn keep the network safe! Happy to help with anything even if you want to start your own witness. Thanks!
bobq
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May 10, 2017, 09:32:30 PM
 #7889

I have just realised that I have linked all my BTC addresses to a Byteball address in my wallet where according to my history I have received some bytes bought in an exchange. However, if I click on receive in my wallet, I see another address. How can I check and be sure that the linked address belongs actually to my wallet?

You can see all byte addresses of your wallet if you click on the cogwheel symbol -> Advanced -> Wallet Information

I didn't find Advanced settings. I have wallet light 1.8.2

babybonobo
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#hardworkpaysoff


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May 10, 2017, 09:36:37 PM
 #7890

Byteballs engage!  5 minutes remain... 
 
amacar1
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May 10, 2017, 09:38:19 PM
 #7891

It was promised that the distribution formula will change in the future rounds to give more new Bytes to current Byte holders relative to BTC holders.

On June 9 we'll have the 6th round of distribution, and after more than 4 months in the wild and having survived multiple post-distribution dumps, I think now it feels safer than before to participate in the distribution with Bytes, that's why the formula will change in favor of Byte-holders.  Also, I want to accelerate the distribution to minimize the perceived uncertainty connected with undistributed coins.

So, these are the rules for the distribution on June 9 (nothing changes for the today's round):

BTC to bytes: (no change) 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: (no change) 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: (2x increase) 1 byte on any Byteball address gives you 0.2 new bytes
Bytes to blackbytes: (2x increase) 1 byte on linked Byteball address gives you 0.42222 blackbytes


Spread the news, please retweet: https://twitter.com/cryptkeeperbtt/status/862417062869835776
Retweeted, great info, time to buy more.
D3m0nKinGx
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May 10, 2017, 09:39:52 PM
 #7892

It was promised that the distribution formula will change in the future rounds to give more new Bytes to current Byte holders relative to BTC holders.

On June 9 we'll have the 6th round of distribution, and after more than 4 months in the wild and having survived multiple post-distribution dumps, I think now it feels safer than before to participate in the distribution with Bytes, that's why the formula will change in favor of Byte-holders.  Also, I want to accelerate the distribution to minimize the perceived uncertainty connected with undistributed coins.

So, these are the rules for the distribution on June 9 (nothing changes for the today's round):

BTC to bytes: (no change) 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: (no change) 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: (2x increase) 1 byte on any Byteball address gives you 0.2 new bytes
Bytes to blackbytes: (2x increase) 1 byte on linked Byteball address gives you 0.42222 blackbytes


Spread the news, please retweet: https://twitter.com/cryptkeeperbtt/status/862417062869835776
Retweeted, great info, time to buy more.

This will bring much FOMO for future distribution  Cool

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tobsnn
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May 10, 2017, 09:41:52 PM
 #7893

It was promised that the distribution formula will change in the future rounds to give more new Bytes to current Byte holders relative to BTC holders.

On June 9 we'll have the 6th round of distribution, and after more than 4 months in the wild and having survived multiple post-distribution dumps, I think now it feels safer than before to participate in the distribution with Bytes, that's why the formula will change in favor of Byte-holders.  Also, I want to accelerate the distribution to minimize the perceived uncertainty connected with undistributed coins.

So, these are the rules for the distribution on June 9 (nothing changes for the today's round):

BTC to bytes: (no change) 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: (no change) 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: (2x increase) 1 byte on any Byteball address gives you 0.2 new bytes
Bytes to blackbytes: (2x increase) 1 byte on linked Byteball address gives you 0.42222 blackbytes


Spread the news, please retweet: https://twitter.com/cryptkeeperbtt/status/862417062869835776

Ok cool, any specific reason for the increase to 2x on holding bytes?

bobq
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May 10, 2017, 09:43:25 PM
 #7894

Snapshot should occur in this very moment. How long will it take to be completed?
In other words, when is it OK to eventually withdraw BTCs from linked addresses?

D3m0nKinGx
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May 10, 2017, 09:43:38 PM
 #7895

It was promised that the distribution formula will change in the future rounds to give more new Bytes to current Byte holders relative to BTC holders.

On June 9 we'll have the 6th round of distribution, and after more than 4 months in the wild and having survived multiple post-distribution dumps, I think now it feels safer than before to participate in the distribution with Bytes, that's why the formula will change in favor of Byte-holders.  Also, I want to accelerate the distribution to minimize the perceived uncertainty connected with undistributed coins.

So, these are the rules for the distribution on June 9 (nothing changes for the today's round):

BTC to bytes: (no change) 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: (no change) 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: (2x increase) 1 byte on any Byteball address gives you 0.2 new bytes
Bytes to blackbytes: (2x increase) 1 byte on linked Byteball address gives you 0.42222 blackbytes


Spread the news, please retweet: https://twitter.com/cryptkeeperbtt/status/862417062869835776

Ok cool, any specific reason for the increase to 2x on holding bytes?

He said it dude:

" Also, I want to accelerate the distribution to minimize the perceived uncertainty connected with undistributed coins."

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D3m0nKinGx
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May 10, 2017, 09:44:47 PM
 #7896

Snapshot should occur in this very moment. How long will it take to be completed?
In other words, when is it OK to eventually withdraw BTCs from linked addresses?

Wait at least an hour

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bcmine
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May 10, 2017, 09:46:23 PM
 #7897

Snapshot should occur in this very moment. How long will it take to be completed?
In other words, when is it OK to eventually withdraw BTCs from linked addresses?

Wait at least an hour

why do we have to wait more?

are there any delays?

when can i dump the give away airdrop tokens?
tobsnn
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May 10, 2017, 09:48:17 PM
 #7898

It was promised that the distribution formula will change in the future rounds to give more new Bytes to current Byte holders relative to BTC holders.

On June 9 we'll have the 6th round of distribution, and after more than 4 months in the wild and having survived multiple post-distribution dumps, I think now it feels safer than before to participate in the distribution with Bytes, that's why the formula will change in favor of Byte-holders.  Also, I want to accelerate the distribution to minimize the perceived uncertainty connected with undistributed coins.

So, these are the rules for the distribution on June 9 (nothing changes for the today's round):

BTC to bytes: (no change) 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: (no change) 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: (2x increase) 1 byte on any Byteball address gives you 0.2 new bytes
Bytes to blackbytes: (2x increase) 1 byte on linked Byteball address gives you 0.42222 blackbytes


Spread the news, please retweet: https://twitter.com/cryptkeeperbtt/status/862417062869835776

Ok cool, any specific reason for the increase to 2x on holding bytes?

He said it dude:

" Also, I want to accelerate the distribution to minimize the perceived uncertainty connected with undistributed coins."

omg dude, yeah you're right. I was in a hurry, so I just read the changes, sorry.

bcmine
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May 10, 2017, 09:50:45 PM
 #7899

It was promised that the distribution formula will change in the future rounds to give more new Bytes to current Byte holders relative to BTC holders.

On June 9 we'll have the 6th round of distribution, and after more than 4 months in the wild and having survived multiple post-distribution dumps, I think now it feels safer than before to participate in the distribution with Bytes, that's why the formula will change in favor of Byte-holders.  Also, I want to accelerate the distribution to minimize the perceived uncertainty connected with undistributed coins.

So, these are the rules for the distribution on June 9 (nothing changes for the today's round):

BTC to bytes: (no change) 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: (no change) 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: (2x increase) 1 byte on any Byteball address gives you 0.2 new bytes
Bytes to blackbytes: (2x increase) 1 byte on linked Byteball address gives you 0.42222 blackbytes


Spread the news, please retweet: https://twitter.com/cryptkeeperbtt/status/862417062869835776

Ok cool, any specific reason for the increase to 2x on holding bytes?

i guess the hot potatoes game is getting in the next round.

anyway i could imagine byteballs getting 1bln marketcap like NEM. community growing, this will be a good token for a pump.
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May 10, 2017, 09:51:46 PM
 #7900

I am curious if the snapshot includes unconfirmed coins.

So, as a test (not intentional), I see a wallet which has coins and unconfirmed coins.  Wonder how that will play.

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