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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1171693 times)
crypt0hash
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January 01, 2017, 03:35:37 PM
 #2981

I followed all steps with byteballs bot but my wallet is still empty.
At same time, byteball help told me i received them at this adress  https://explorer.byteball.org/#UUTBBW3F4VW4VB3EFKDUBAZTQYJASMJO

Why the hell my wallet still equal zero?
Use the new version 1.0.0
https://github.com/byteball/byteball/releases/tag/v1.0.0


Thanks a lot.
That's fine now


happy new year and all the best  !!!!!
for you too and for everybody Happy New Year Smiley
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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avariahb
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January 01, 2017, 05:40:30 PM
 #2982

Btyeball starts well the year Smiley

alt213
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January 01, 2017, 05:51:11 PM
 #2983

Happy New Year everyone! When is the second round of distribution  Huh
In the second round, which is expected in mid-February, we'll distribute 62.5 MB for each 1 BTC of linked balance and 0.1 new byte for each 1 byte received in the first round.
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January 01, 2017, 06:02:23 PM
 #2984

The price is going up every day. Is there any application build on top of ByteBall currently?
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January 01, 2017, 06:16:59 PM
 #2985

The price is going up every day. Is there any application build on top of ByteBall currently?
The whitepaper gives tons of opportunities.

Greetz
Steve
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January 01, 2017, 06:52:18 PM
 #2986

People complaining could give suggestions, because the only method fairer than this is POW, the problem is there are no blocks here... and this is probably a good thing, because @tonych is not trying to replicate Bitcoin.

he was given many suggestion long before main net. He chose to ignore them. As yet the motivation is unclear.

To be 100% honest though it was not as bad as it could have been. Lisk, wave and komodo seem to be the largest whales.

I was told the second largest wallet (6.9K) is ICONOMY project wallet. Didn't check that information though...

It is you can check Iconomi's BTC address here:
https://bitcointalk.org/index.php?topic=1587736.0

valley365
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January 01, 2017, 06:59:47 PM
 #2987

The price is going up after the whales' dump, looks like it will go up until the second distribution.

This coin merit a higher price as it has many original features created.
willowfoot
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January 01, 2017, 07:07:40 PM
 #2988

Quote
Participation in Byteball distribution

If you missed the 1st round of distribution, you can still participate in the further rounds.  If you were in the 1st round, you can multiply your holdings.  In the second round, which is expected in mid-February, you receive:
- 62.5 MB for every 1 BTC of proven balance
- 0.1 new bytes for every 1 byte
(received in the 1st round)

There was 100 000 GB distributed in the first round.
This means that there will be 10 000 GB distributed to byteball holders in the second round (0.1 new bytes for every 1 byte received in the 1st round).

Let us assume that in the second round there will be 100 000 BTC linked.
This would mean there will be 6250 GB distributed according to BTC balances.

So most likely the dev will distribute much less bytes in the second round (than in the first round).

People tend to be suspicious about cryptos where the majority of coins is held by the dev for a long time.

This is not like Bitcoin where you know everything about the distribution from the beginning. Here we have the dev who reserves the right for himself to distribute most coins arbitrarily in the future. A free airdrop distribution is risky but possible. But here there is one person who controls 90 percent of the total amount of coins and this one person can ARBITRARILY decide about their future distribution. For months, maybe year(s) to come.


This must make byteball feel like a joke for any serious investor.

Well, I can consider all other critics to be a FUD, and the concerns about the ICOs included in distribution can be also somehow discarded (I believe that will not do that much harm at the end of the day), but this concern quoted above sounds really important to me!! And it is a somewhat worrying.

tonych and/or CryptKeeper, could you please address this comment? Its not a simple FUD or grunt of people who are unhappy by distribution. I believe its valid concern.

If the majority of coins remains at your disposal for so long time, how do you think it will affect the adoption by exchanges or other businesses? You may be the most honest person in the world, and will keep all your promises (and I personally believe you will), but how you can prove that to others, so they believe you will not just dump your undistributed coins?

these are valid concerns, it's like a POS coin done manually that can change at any given moment


BTCspace
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January 01, 2017, 07:12:28 PM
 #2989

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.

running farm worldwide
drays
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January 01, 2017, 09:48:34 PM
 #2990

People complaining could give suggestions, because the only method fairer than this is POW, the problem is there are no blocks here... and this is probably a good thing, because @tonych is not trying to replicate Bitcoin.

he was given many suggestion long before main net. He chose to ignore them. As yet the motivation is unclear.

To be 100% honest though it was not as bad as it could have been. Lisk, wave and komodo seem to be the largest whales.

I was told the second largest wallet (6.9K) is ICONOMY project wallet. Didn't check that information though...

It is you can check Iconomi's BTC address here:
https://bitcointalk.org/index.php?topic=1587736.0

Yes, thats right, found it... Second largest - 3KbWWjumBGLBUWYCeidydxe1uET9QyWoEg - Iconomy fund. So we have Lisk, Iconomy, Waves and possibly Komodo community wallets participating. Not sure about Komodo.  Interesting enough, only Waves Byteballs were moved and maybe partly dumped. The rest - Lisk and Iconomy wallets are intact, so they are waiting (probably to dump on bigger market Smiley Maybe not, who knows... I don't think Lisk will distribute coins to ICO holders. Iconomy wont do that for sure Smiley.

It seems to me, the real second phase of distribution will happen when those ICO whales actually dump  Smiley. Will it be before or after February - that is the question. Well, ok, if it happens after Feb, that will appear to be the third phase of distribution, not the second  Grin


... this space is not for rent ...
HI-TEC99
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January 01, 2017, 09:52:23 PM
 #2991

People complaining could give suggestions, because the only method fairer than this is POW, the problem is there are no blocks here... and this is probably a good thing, because @tonych is not trying to replicate Bitcoin.

he was given many suggestion long before main net. He chose to ignore them. As yet the motivation is unclear.

To be 100% honest though it was not as bad as it could have been. Lisk, wave and komodo seem to be the largest whales.

I was told the second largest wallet (6.9K) is ICONOMY project wallet. Didn't check that information though...

It is you can check Iconomi's BTC address here:
https://bitcointalk.org/index.php?topic=1587736.0

Yes, thats right, found it... Second largest - 3KbWWjumBGLBUWYCeidydxe1uET9QyWoEg - Iconomy fund. So we have Lisk, Iconomy, Waves and possibly Komodo community wallets participating. Not sure about Komodo.  Interesting enough, only Waves Byteballs were moved and maybe partly dumped. The rest - Lisk and Iconomy wallets are intact, so they are waiting (probably to dump on bigger market Smiley Maybe not, who knows... I don't Lisk will they will distribute coins to ICO holders. Iconomy wont do that for sure Smiley. The real second phase of distribution will happen when they dump Smiley



The lisk dev said he would wait until after New Year before he decided what to do with his byteballs. I don't know about what the other devs said they would do.
samuraijin
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January 01, 2017, 09:58:53 PM
 #2992

I hope byteball could have a trading site, at least it may facilitate a lot of people bought some byteball Smiley
drays
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January 01, 2017, 10:03:40 PM
 #2993

I hope byteball could have a trading site, at least it may facilitate a lot of people bought some byteball Smiley


Whats wrong with criptox.pl? Why don't you consider it to be a "trading site"?

... this space is not for rent ...
dariloff
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January 01, 2017, 10:06:57 PM
Last edit: January 01, 2017, 10:32:14 PM by dariloff
 #2994

Satoshi.fund holds about 1k Gb.
https://docs.google.com/spreadsheets/d/1CMoQEXTPKjay9SgiNyvjsAkQAGD2wNYfN7pYfI2FEro/edit#gid=1113545347
ArabMist
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January 01, 2017, 10:33:01 PM
 #2995

I think the .Pl trading platform is so new and has such little volume, people are waiting for Polo to pick it out before they get excited and feel secure.
greenclover
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January 01, 2017, 10:48:50 PM
 #2996

I think the .Pl trading platform is so new and has such little volume, people are waiting for Polo to pick it out before they get excited and feel secure.

no other trading site yet? It's odd for a good coin like this.
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January 01, 2017, 11:15:06 PM
 #2997

I think the .Pl trading platform is so new and has such little volume, people are waiting for Polo to pick it out before they get excited and feel secure.

no other trading site yet? It's odd for a good coin like this.

It's new code. A reputable exchange should look at this extremely carefully, not to mention the fact, that they have to come up with some means of automatisation within their system. You can't expect that to happen over night. Additionally, I suspect that for the bigger exchanges, byteball was kinda flying under the radar, so they probably didn't check out the client during testnet, which means, if they decided to add it, they would look at the code just now.
Plus, to be honest, with polo, you aim too high right now. Get Bittrex on board, that would be a decent start.
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January 02, 2017, 12:44:23 AM
 #2998

Seriously, Diem... Why? Polo said they were going to ditch that piece of crap a few months ago and there it is, still listed.

I suspect they list coins based more o what they can turn a profit on over inspecting the code.

Bittrex would be nice though in the meantime agreed.
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January 02, 2017, 02:19:13 AM
 #2999

Byteball is definitely worthy of Poloniex.
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January 02, 2017, 02:41:32 AM
 #3000

Byteball is definitely worthy of Poloniex.

Poloniex is unpredictable, it listed lisk at launch, took months to list decred, and still hasn't listed waves. It might list byteball tomorrow, or months away, or never. It can afford to be choosy now it's the biggest alt exchange. Byteball's worthy of it though.
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