Obyte: Totally new consensus algorithm + private untraceable payments

[HI-TEC99]

Any info on who the twelve validating witnesses are atm? I'm assuming they're just twelve servers being run by tonych, but curious if there is any more info available.

I think the plan is to vote for witnesses much like Komodo is doing at the moment to secure decentralization issue that you focused on in your past posts when comparing to XMR.

Maybe one of the more knowledgable guys can confirm?

The OP says the list of well known users called witnesses is defined by users themselves as they include the list in every transaction they post. I assume the most reliable nodes running for the longest, and with the most bandwidth are the twelve validating witnesses. Anyone can set up a node, and others besides tonych must already be running some.

The main chain is defined deterministically based on the positions of transactions in the graph.  Refer to the white paper for details, but as a general rule, the MC gravitates towards transactions authored by well known users, which we call witnesses.  The list of witnesses is defined by users themselves as they include the list in every transaction they post.  The MC then follows the path within the DAG such that:
1. the witness lists of the neighboring transactions on the chain are either identical or differ by only one mutation,
2. the chain goes through the most number of witness-authored transactions, compared with alternative chains.

The above is very brief and sketchy description with many important details omitted, refer to the white paper for a full technical story.

[1715134507]

1715134507

[1715134507]

1715134507

[1715134507]

1715134507

[Jeff Jefferson]

Some serious fomo buying going on. I am glad I dropped my xmr and eth for byteball. 

[HI-TEC99]

BB needs some serious exchange

This is true but have patience...

If Poloniex links their wallet account in any of the remaining distribution rounds it's game on!

Look at what happened with Pascal coin...10,000% increase in a few months? Just from the "Polo Effect"

I am actually fearing that effect. Imagine the aftermath, best depictured by a wave rolling over a small vessel to turn turtle.

I totally agree with you.
With other words:
If you are new to cryptovillage, then you should not immediately bring your little sister (without big friends) to the wildest pub and forcing her to making a Polo casting as a table dancer.
Listing at Polo has clear advantages, but is also a deal with the devil.
This of course brings quick money - but she never has a future again.

Pascalcoin started on cryptopia before getting onto poloniex. It costs less than 0.12 Bitcoins to get listed there using its Paytopia page.

https://www.cryptopia.co.nz/Paytopia

Cryptopia charges 500000 DOT to add a coin, which costs less than 0.12 Bitcoins at today's price.

https://www.cryptopia.co.nz/Exchange/?market=DOT_BTC

[zanzibar]

Pascalcoin started on cryptopia before getting onto poloniex. It costs less than 0.12 Bitcoins to get listed there using its Paytopia page.

https://www.cryptopia.co.nz/Paytopia

Cryptopia charges 500000 DOT to add a coin, which costs less than 0.12 Bitcoins at today's price.

https://www.cryptopia.co.nz/Exchange/?market=DOT_BTC

Byteball is better than this. It will be added by Polo in time. This exchange looks like garbage.

[PirateShip]

Pascalcoin started on cryptopia before getting onto poloniex. It costs less than 0.12 Bitcoins to get listed there using its Paytopia page.

https://www.cryptopia.co.nz/Paytopia

Cryptopia charges 500000 DOT to add a coin, which costs less than 0.12 Bitcoins at today's price.

https://www.cryptopia.co.nz/Exchange/?market=DOT_BTC

Byteball is better than this. It will be added by Polo in time. This exchange looks like garbage.

Don't hate on the GUI...there are tons of awesome people there, and a HUGE potential to profit big time due to the smaller amount of volume.  Sometimes people wanna buy a coin right then and there, and the buy/sell orders are sometimes behind the rest of the exchanges - what I'm trying to say is awesome arbitrage (they even have a page for that)

Cryptopia is always adding new features - their devs are quite possibly the hardest working out of all the exchanges to date. 

[Wexfgy12]

The bot is telling me that my linked address has 0 bytes in it, because I did a transaction, so I guess they went to a change address?
The addresses are all retained/reusable within the wallet, so I can resend the whole balance to the linked address from before without issue?
All of the addresses under "wallet information"  - last wallet addresses - are still usable?

Thanks

[davidoski]

The bot is telling me that my linked address has 0 bytes in it, because I did a transaction, so I guess they went to a change address?
The addresses are all retained/reusable within the wallet, so I can resend the whole balance to the linked address from before without issue?
All of the addresses under "wallet information"  - last wallet addresses - are still usable?

Thanks

Yes, but before sending just check if the address you're sending to is indeed your address - you can do this in Advanced tab of wallet settings..

[PirateShip]

Total newbie here - reading through the past few pages left me with a migraine  


Can anyone share a link/details on how one could get started with BYTEBALL?  Looking to test the waters  

[Badman0316]

byteball.
Most profitable in 2017

[greentea]

Total newbie here - reading through the past few pages left me with a migraine  


Can anyone share a link/details on how one could get started with BYTEBALL?  Looking to test the waters  

you just need to download the wallet from the main site:
https://byteball.org/

then open the 'chat' and follow directions to link your bitcoin address.

then next round of distribution you will receive 62.5 MB for every bitcoin you have linked.

Or you can go to cryptox.pl and buy some

[ArabMist]

Total newbie here - reading through the past few pages left me with a migraine  


Can anyone share a link/details on how one could get started with BYTEBALL?  Looking to test the waters  

Click page 180 for how to link btc.

[omarsiddiqi]

Can I send the micropayment from a jaxx wallet to prove my btc balance?

[e-coinomist]

Pascalcoin started on cryptopia before getting onto poloniex. It costs less than 0.12 Bitcoins to get listed there using its Paytopia page.

https://www.cryptopia.co.nz/Paytopia

Cryptopia charges 500000 DOT to add a coin, which costs less than 0.12 Bitcoins at today's price.

https://www.cryptopia.co.nz/Exchange/?market=DOT_BTC

Byteball is better than this. It will be added by Polo in time. This exchange looks like garbage.

Don't hate on the GUI...there are tons of awesome people there, and a HUGE potential to profit big time due to the smaller amount of volume.  Sometimes people wanna buy a coin right then and there, and the buy/sell orders are sometimes behind the rest of the exchanges - what I'm trying to say is awesome arbitrage (they even have a page for that)

Cryptopia is always adding new features - their devs are quite possibly the hardest working out of all the exchanges to date. 

You know what's funny? Their daily volume beats HaoBTC by 3898 Dollars! $202,996 vs. $199,098
which is strange, since HaoBTC is heavyweight by their associated BTC mining bussiness.
Now ranging on a 44th place in comparison to all trading sites. This Chinese Fees change is rolling over Bitcoincountry like a thunderstorm.

[ArabMist]

Can I send the micropayment from a jaxx wallet to prove my btc balance?

JAXX used HD Wallets as far as I know, so no. Use Electrum and sign and message might be the easiest way.

[jwinterm]

Any info on who the twelve validating witnesses are atm? I'm assuming they're just twelve servers being run by tonych, but curious if there is any more info available.

I think the plan is to vote for witnesses much like Komodo is doing at the moment to secure decentralization issue that you focused on in your past posts when comparing to XMR.

Maybe one of the more knowledgable guys can confirm?

The OP says the list of well known users called witnesses is defined by users themselves as they include the list in every transaction they post. I assume the most reliable nodes running for the longest, and with the most bandwidth are the twelve validating witnesses. Anyone can set up a node, and others besides tonych must already be running some.

The main chain is defined deterministically based on the positions of transactions in the graph.  Refer to the white paper for details, but as a general rule, the MC gravitates towards transactions authored by well known users, which we call witnesses. The list of witnesses is defined by users themselves as they include the list in every transaction they post.  The MC then follows the path within the DAG such that:
1. the witness lists of the neighboring transactions on the chain are either identical or differ by only one mutation,
2. the chain goes through the most number of witness-authored transactions, compared with alternative chains.

The above is very brief and sketchy description with many important details omitted, refer to the white paper for a full technical story.

Right, there are supposed to be twelve well known users acting as witnesses, but there is a default list of witnesses that I'm presuming no one bothers to change. If they're so well known, then why doesn't anyone know who they are?

Here's a quote from the whitepaper:

Looking for a “reality test”, observe that some of the participants of our network are non-anonymous reputable people or companies who might have a long established reputation, or they are businesses interested in keeping the network healthy. We’ll call them witnesses.

It doesn't seem like anyone knows who these twelve well-known, non-anonymous people are, so I would tend to assume at the moment they are all just servers set up by tonych and set as the defaults.

[pol5]

 rt  please  https://twitter.com/vasys174/status/824858138750771202       We need more exchanges. we will do it

[Jeff Jefferson]

Is cryptox down? Can't open the page. Could someone please check.

[andaristastore]

RT is done,

[kaicrypzen]

Right, there are supposed to be twelve well known users acting as witnesses, but there is a default list of witnesses that I'm presuming no one bothers to change. If they're so well known, then why doesn't anyone know who they are?

It doesn't seem like anyone knows who these twelve well-known, non-anonymous people are, so I would tend to assume at the moment they are all just servers set up by tonych and set as the defaults.

Yes you are right, the default witnesses are Tony's. If someone runs a witness, they can change one of the default list witnesses using their own witness because a one witness difference is allowed. If they want their witness to be used by other users, then they'll have to gain some trust, probably by making themselves public and doing some campaigning.

[nillohit]

Is cryptox down? Can't open the page. Could someone please check.

Yes, cryptox.pl is down everywhere, already contacted admin and informed about this issue