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D3m0nKinGx
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May 22, 2017, 10:39:02 AM |
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Do you get more GBB for your existing GBB, in the next distribution?
That's right, and this time it will be 2x more the amount than previous distributions |
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.cryptic.
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May 22, 2017, 10:40:09 AM |
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Do you get more GBB for your existing GBB, in the next distribution?
That's right, and this time it will be 2x more the amount than previous distributions Didnt see it mention anywhere. So if I have 1GBB I get 1.2GBB after the distribution? |
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European Central Bank
Legendary
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Activity: 1288
Merit: 1087
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May 22, 2017, 10:43:25 AM |
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So if I have 1GBB I get 1.2GBB after the distribution?
yep. that's how the distribution works for the next round at least, maybe future ones too. you get 0.2 gb for each gb you already have, plus the new stuff. |
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.cryptic.
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May 22, 2017, 10:44:51 AM |
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So if I have 1GBB I get 1.2GBB after the distribution?
yep. that's how the distribution works for the next round at least, maybe future ones too. you get 0.2 gb for each gb you already have, plus the new stuff. Are you sure? I am asking about GBB aka black bytes and not GB. |
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LoyceV
Legendary
Offline
Activity: 3556
Merit: 18033
Thick-Skinned Gang Leader and Golden Feather 2021
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May 22, 2017, 10:48:13 AM |
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Do you get more GBB for your existing GBB, in the next distribution?
No. D3m0nKinGx and European Central Bank are wrong on this. When in doubt, just read the OP: The snapshots of Bitcoin blockchain and Byteball DAG for the 6th round will be taken on the Full Moon of June, on June 9, 2017 at 13:10 UTC. What you receive, is proportional to your balances in BTC and Bytes:
BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 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: 1 byte on any Byteball address gives you 0.2 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.42222 blackbytes
You only receive GBB (blackbytes) if you own GB (bytes) and have the address linked. Owning GBB doesn't get you anything extra. |
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BTC bitcoin | │ | Buy and Sell
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.cryptic.
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May 22, 2017, 10:49:37 AM |
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Do you get more GBB for your existing GBB, in the next distribution?
No. D3m0nKinGx and European Central Bank are wrong on this. When in doubt, just read the OP: The snapshots of Bitcoin blockchain and Byteball DAG for the 6th round will be taken on the Full Moon of June, on June 9, 2017 at 13:10 UTC. What you receive, is proportional to your balances in BTC and Bytes:
BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 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: 1 byte on any Byteball address gives you 0.2 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.42222 blackbytes
You only receive GBB if you own BB and have the address linked. Owning GBB doesn't get you anything extra. Thats what I thought. Thanks for clarifying. Is it because its impossible to know the users balance in GBB as its anonymous? |
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kola-schaar
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May 22, 2017, 01:08:52 PM |
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Is it because its impossible to know the users balance in GBB as its anonymous?
Yes, blackbytes are private as cash. They are meant to be used as cash, so peer 2 peer (No third party involved). The non-anonymous trading on a exchange would break this privacy (or anonymity if you got thru Tor). Therefore there is the Slack trading channel. Through the Byteball DAG, tony knows the addresses and amount of the bytes (analogous to Blockchain BTC). He can thus distribute bytes and blackbytes to the BB addresses (proportional to the byte amount, which he sees ->Snapshot) But the Byteball DAG (and tony) knows nothing about the Blackbytes. Real world example: “Everyone” can see what you have in your bank account. No one knows how much cash you have in your head pillow. So tony can not see if- or how many blackbytes you have. Actually, he could not send you blackbytes, because device pearing (p2p) is required. Therefore, it is absolutely necessary to link at least one BTC address to get blackbytes: By linking a Byteball address, one exposes their device address which is needed to send the blackbytes (Thanks to kaicrypzen who told me this  ). This is the reason why you can only get blackbytes at linked BB addresses (and only for the amount available there).. |
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Hyena
Legendary
Offline
Activity: 2114
Merit: 1017
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May 22, 2017, 01:18:50 PM |
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Is it because its impossible to know the users balance in GBB as its anonymous?
Yes, blackbytes are private as cash. They are meant to be used as cash, so peer 2 peer (No third party involved). The non-anonymous trading on a exchange would break this privacy (or anonymity if you got thru Tor). Therefore there is the Slack trading channel. Through the Byteball DAG, tony knows the addresses and amount of the bytes (analogous to Blockchain BTC). He can thus distribute bytes and blackbytes to the BB addresses (proportional to the byte amount, which he sees ->Snapshot) But the Byteball DAG (and tony) knows nothing about the Blackbytes. Real world example: “Everyone” can see what you have in your bank account. No one knows how much cash you have in your head pillow. So tony can not see if- or how many blackbytes you have. Actually, he could not send you blackbytes, because device pearing (p2p) is required. Therefore, it is absolutely necessary to link at least one BTC address to get blackbytes: By linking a Byteball address, one exposes their device address which is needed to send the blackbytes (Thanks to kaicrypzen who told me this ). This is the reason why you can only get blackbytes at linked BB addresses (and only for the amount available there).. This is truly amazing. Blacbytes are indeed the most anonymous cryptocurrency invented so far. You can't really get more anonymous than that. When the darknet catches on, expect Moon. |
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str4wm4n
Legendary
Offline
Activity: 1611
Merit: 1001
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May 22, 2017, 01:22:02 PM |
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This is truly amazing. Blacbytes are indeed the most anonymous cryptocurrency invented so far. You can't really get more anonymous than that. When the darknet catches on, expect Moon.
Soooo undervalued at the moment |
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.cryptic.
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May 22, 2017, 01:24:05 PM |
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Is it because its impossible to know the users balance in GBB as its anonymous?
Yes, blackbytes are private as cash. They are meant to be used as cash, so peer 2 peer (No third party involved). The non-anonymous trading on a exchange would break this privacy (or anonymity if you got thru Tor). Therefore there is the Slack trading channel. Through the Byteball DAG, tony knows the addresses and amount of the bytes (analogous to Blockchain BTC). He can thus distribute bytes and blackbytes to the BB addresses (proportional to the byte amount, which he sees ->Snapshot) But the Byteball DAG (and tony) knows nothing about the Blackbytes. Real world example: “Everyone” can see what you have in your bank account. No one knows how much cash you have in your head pillow. So tony can not see if- or how many blackbytes you have. Actually, he could not send you blackbytes, because device pearing (p2p) is required. Therefore, it is absolutely necessary to link at least one BTC address to get blackbytes: By linking a Byteball address, one exposes their device address which is needed to send the blackbytes (Thanks to kaicrypzen who told me this ). This is the reason why you can only get blackbytes at linked BB addresses (and only for the amount available there).. If I have bought some GB from the market, transferred it to my wallet, do I still need to link a btc addresss to recieve GBB? Or would it automatically transfer GBB to all the GB holders without linking? |
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.cryptic.
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May 22, 2017, 01:24:40 PM |
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This is truly amazing. Blacbytes are indeed the most anonymous cryptocurrency invented so far. You can't really get more anonymous than that. When the darknet catches on, expect Moon.
Soooo undervalued at the moment Lack of exhchanges could be one reason. |
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Hyena
Legendary
Offline
Activity: 2114
Merit: 1017
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May 22, 2017, 01:25:41 PM |
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This is truly amazing. Blacbytes are indeed the most anonymous cryptocurrency invented so far. You can't really get more anonymous than that. When the darknet catches on, expect Moon.
Soooo undervalued at the moment It's funny that none of the big boys haven't bought in yet. I mean only 200k BTC linked. WTF? Even the winglewiis have like 100k and it's free money. They would get 6k GB every month, that's 2 000 000$ worth of GB every month for free at current rates  people are so dumb who don't link their BTC, they are missing out free money. and Roger Ver? Why hasn't he linked? But it's good. It means more for me  |
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BurtW
Legendary
Offline
Activity: 2646
Merit: 1138
All paid signature campaigns should be banned.
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May 22, 2017, 01:36:12 PM |
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This is truly amazing. Blacbytes are indeed the most anonymous cryptocurrency invented so far. You can't really get more anonymous than that. When the darknet catches on, expect Moon.
Soooo undervalued at the moment It's funny that none of the big boys haven't bought in yet. I mean only 200k BTC linked. WTF? Even the winglewiis have like 100k and it's free money. They would get 6k GB every month, that's 2 000 000$ worth of GB every month for free at current rates people are so dumb who don't link their BTC, they are missing out free money. and Roger Ver? Why hasn't he linked? But it's good. It means more for me Shhhhhhhhush  |
Our family was terrorized by Homeland Security. Read all about it here: http://www.jmwagner.com/ and http://www.burtw.com/ Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated! |
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ByteFan
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May 22, 2017, 03:19:15 PM |
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We provide worldwide alternatives hubs service (paired with master byteball.org), redistributive witness, usefull stats and network map at https://byteball.frIn your wallet settings hub set byteball.fr/bb (Europe), west.byteball.us/bb (USA), east.byteball.us/bb (USA), byteball.wang/bb (Asia Pacific)
Earn bytes for free. Enjoy! |
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favdesu
Legendary
Offline
Activity: 1764
Merit: 1000
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May 22, 2017, 03:50:53 PM |
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We provide worldwide alternatives hubs service (paired with master byteball.org), redistributive witness, usefull stats and network map at https://byteball.frIn your wallet settings hub set byteball.fr/bb (Europe), west.byteball.us/bb (USA), east.byteball.us/bb (USA), byteball.wang/bb (Asia Pacific)
Earn bytes for free. Enjoy!that's cool, using your witness! |
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D3m0nKinGx
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May 22, 2017, 03:55:19 PM |
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We provide worldwide alternatives hubs service (paired with master byteball.org), redistributive witness, usefull stats and network map at https://byteball.frIn your wallet settings hub set byteball.fr/bb (Europe), west.byteball.us/bb (USA), east.byteball.us/bb (USA), byteball.wang/bb (Asia Pacific)
Earn bytes for free. Enjoy!that's cool, using your witness! Wow this is nice, this even beats masternodes I see i have a balance too ! thank you ByteFan |
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D3m0nKinGx
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May 22, 2017, 03:57:38 PM |
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Do I have to check basically any/all addresses from my wallet to see if i have balance?
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ByteFan
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May 22, 2017, 04:00:44 PM |
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Do I have to check basically any/all addresses from my wallet to see if i have balance?
Yes (as we can not know the addresses on a per-wallet basis) |
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ByteFan
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May 22, 2017, 04:03:20 PM |
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We provide worldwide alternatives hubs service (paired with master byteball.org), redistributive witness, usefull stats and network map at https://byteball.frIn your wallet settings hub set byteball.fr/bb (Europe), west.byteball.us/bb (USA), east.byteball.us/bb (USA), byteball.wang/bb (Asia Pacific)
Earn bytes for free. Enjoy!that's cool, using your witness! Wow this is nice, this even beats masternodes I see i have a balance too ! thank you ByteFan You are welcome. Yes the cashback starts from the witness born day (beginning of april if I remember well) |
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D3m0nKinGx
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May 22, 2017, 04:12:41 PM |
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Do I have to check basically any/all addresses from my wallet to see if i have balance?
Yes (as we can not know the addresses on a per-wallet basis) right ofc anonymity 3 of my addresses I found have balances. and ofc everytime we do an outgoing transaction, a new address is generated... lol that could end up being a lot to go through. there's really no simpler way to do this? Maybe create a bot that can check against the addresses in our wallet against your witness? |
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