Obyte: Totally new consensus algorithm + private untraceable payments

[vlom]

why does the OS X app try to connect to google?

plus.google.com TCP-Port 443 (https)

What makes you think so?
There are no references to any sites (except the default hub) in the source code.

because little snitch tells my that the app wants to connect.

[ArabMist]

byteball is a innovative cryptocurrency ,  It should have its position. If you don't cherish it only because it is free, it will maybe a fault. It may be better than another free coin which is ETC or Eth, example ETC market  ever reached 200 million dollars marketcap,It was just free coin split from eth.

The whole 'free' approach is the best marketing move in crypto to date. I hope those people that are in the second airdrop don't try and sell straight away as bytes have such a promising dev and platform for future years outside of merely making a few dollars.

Blackbytes is where I feel there is as much opportunity.

Question to dev... Are there any plans to integrate the merchant module in the main wallet? I have a small business and would love to spread the news locally and get people on board but this requires mobile merchant technology

[SatoNatomato]

why does the OS X app try to connect to google?

plus.google.com TCP-Port 443 (https)

What makes you think so?
There are no references to any sites (except the default hub) in the source code.

because little snitch tells my that the app wants to connect.

Seems to be nwjs, the component used by Byteball. Maybe it means NodeWebKit.js and is the browser-bundled up.

Google is known for adding a bunch of shit in every source-code they touch to "resolve" something on their servers. This could be information leakage, especially when using it over Tor - who knows what it sends to Google even if it is the hostname and datetime its too much.

@tonych, maybe see if there is a default option which has to be turned off when importing/using nwjs?

edit: https://github.com/nwjs/nw.js/issues/5343 just one issue, expect 100 more "accidents" by google. edit2: if using the chromiu-args proxy workaround, make it something else than 127.0.0.1, like 127.6.6.6 to avoid more other problems.

[scum]

why does the OS X app try to connect to google?

plus.google.com TCP-Port 443 (https)

What makes you think so?
There are no references to any sites (except the default hub) in the source code.

because little snitch tells my that the app wants to connect.

What program is your little snitch? It's so useful I want to install it on my computer.

[ttookk]

why does the OS X app try to connect to google?

plus.google.com TCP-Port 443 (https)

What makes you think so?
There are no references to any sites (except the default hub) in the source code.

because little snitch tells my that the app wants to connect.

What program is your little snitch? It's so useful I want to install it on my computer.

I think it's this one:

https://www.obdev.at/products/littlesnitch/index-de.html

As you can see, it only exists for Mac OS X, though. Anyone knows an alternative for Linux?

[BTCspace]

happy new year!

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!  

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

byteball will be popular!

i will hold and buy BTC/Byteball/Qtum/elastic XEL  in 2017.

seems no blackbyte in my wallet?

i got 1012588898911 bytes in my wallet. how many Gbyte i have ?  i will hold it forever.

Also after this round link.. how many new byte will i receive based on my old byte?
thank you

Welcome Byteball whale! 

You're hodling 1012.5888 GB right now and should have another 2137.6764 GBB (Gigablackbytes) in your wallet, congrats!

thank you! do not worry, i will not sell any byteball for BTC, until byteball become a top 10 coin with a 100000BTC marketcap.
hopefully this will be happen in 2017.

[realbigs21024]

i just downloaded wallet and when it synced it shows 1531 bytes where did they come from. lol

[BTCspace]

i just downloaded wallet and when it synced it shows 1531 bytes where did they come from. lol

free giveaway

[tonych]

i just downloaded wallet and when it synced it shows 1531 bytes where did they come from. lol

Interesting, did you install the wallet before?

[tonych]

byteball is a innovative cryptocurrency ,  It should have its position. If you don't cherish it only because it is free, it will maybe a fault. It may be better than another free coin which is ETC or Eth, example ETC market  ever reached 200 million dollars marketcap,It was just free coin split from eth.

The whole 'free' approach is the best marketing move in crypto to date. I hope those people that are in the second airdrop don't try and sell straight away as bytes have such a promising dev and platform for future years outside of merely making a few dollars.

Blackbytes is where I feel there is as much opportunity.

Question to dev... Are there any plans to integrate the merchant module in the main wallet? I have a small business and would love to spread the news locally and get people on board but this requires mobile merchant technology

There is a merchant bot https://github.com/byteball/byteball-merchant, you can extend this code to sell anything.  The demo is running on testnet https://byteball.org/testnet.html.

[tonych]

could you PLEASE add more possibilites for the trading bot?!!!!
A possibility to delete an order or at least an automatic expiration date? otherwise your byteballs are stuck and can't participate in the next distribution round.

Are you a dev?  Fork, extend, run.

[tonych]

edit2: if using the chromiu-args proxy workaround, make it something else than 127.0.0.1, like 127.6.6.6 to avoid more other problems.

What other problems and how doing this would avoid them?

[BTCspace]

Hi
tonych

maybe you can ask poloniex list byteball, so we can spread byteball to more people, as an developer you request counter more weight than community members.

thank you

here is the link:

https://poloniex.com/coinRequest

[escapefrom3dom]

Hi
tonych

maybe you can ask poloniex list byteball, so we can spread byteball to more people, as an developer you request counter more weight than community members.

thank you

here is the link:

https://poloniex.com/coinRequest

should we consider some danger of price falling after goin into the big tradings at this coming into being period?

[lenyro]

I've been looking for days and did not find it.
What was the conversion rate at the first snapshot please ?
I mean the exact amount of bytes we've got per BTC linked.

EDIT : Thx freigeist

check my last post.. for about 700BTC, i got about 1012588898911 byteball.

you can calculate it.

too much digits for me to counter..

Is it 10215 GB BB? So you have 10% of total supply like waves had, do you have more than 10k btc bind to get so much coins?

[escapefrom3dom]

I've been looking for days and did not find it.
What was the conversion rate at the first snapshot please ?
I mean the exact amount of bytes we've got per BTC linked.

EDIT : Thx freigeist

check my last post.. for about 700BTC, i got about 1012588898911 byteball.

you can calculate it.

too much digits for me to counter..

Is it 10215 GB BB? So you have 10% of total supply like waves had, do you have more than 10k btc bind to get so much coins?

i suppose some proof needed to make such statemets.

[francisthecrusher]

From the Whitepaper:
 

Reliance on witnesses is what makes Byteball rooted in the real world.

Reading through the Whitepaper it seems that the devs took Bob McElrath's "Braiding Bitcoin" idea and solved the consensus problem by using trusted nodes (like Ripple) instead of an algorithm.

So it's basically something like Ripple but using a DAG instead of sequential blocks.

Kudos for starting somewhere, but this isn't a decentralized solution and is vulnerable to sybil attacks.

[escapefrom3dom]

From the Whitepaper:
 

Reliance on witnesses is what makes Byteball rooted in the real world.

Reading through the Whitepaper it seems that the devs took Bob McElrath's "Braiding Bitcoin" idea and solved the consensus problem by using trusted nodes (like Ripple) instead of an algorithm.

So it's basically something like Ripple but using a DAG instead of sequential blocks.

Kudos for starting somewhere, but this isn't a decentralized solution and is vulnerable to sybil attacks.

in the parts 4. Double-spends / 5. The main chain / 6. Witnesses of the whitelist u can see reviews for these cases.

[francisthecrusher]

From the Whitepaper:
 

Reliance on witnesses is what makes Byteball rooted in the real world.

Reading through the Whitepaper it seems that the devs took Bob McElrath's "Braiding Bitcoin" idea and solved the consensus problem by using trusted nodes (like Ripple) instead of an algorithm.

So it's basically something like Ripple but using a DAG instead of sequential blocks.

Kudos for starting somewhere, but this isn't a decentralized solution and is vulnerable to sybil attacks.

in the parts 4. Double-spends / 5. The main chain / 6. Witnesses of the whitelist u can see reviews for these cases.

I read those sections, but (the way I understand it at least) at some point the network still relies on trusted nodes to function, leaving it wide open to sybil attacks. The whole point of Bitcoin of course is that no nodes are 'special'.

Here are some quotes from the whitepaper:

Total order is established by selecting a single chain on the DAG (the main chain) that is attracted to units signed by known users called witnesses.

some of the participants of our network are non-anonymous reputable people or companies who might have a long established reputation...we’ll call them witnesses.

a more practical approach to witness list management is tracking and somehow averaging the witness lists of a few “captains of industry”

[lizidev]

From the Whitepaper:
 

Reliance on witnesses is what makes Byteball rooted in the real world.

Reading through the Whitepaper it seems that the devs took Bob McElrath's "Braiding Bitcoin" idea and solved the consensus problem by using trusted nodes (like Ripple) instead of an algorithm.

So it's basically something like Ripple but using a DAG instead of sequential blocks.

Kudos for starting somewhere, but this isn't a decentralized solution and is vulnerable to sybil attacks.

in the parts 4. Double-spends / 5. The main chain / 6. Witnesses of the whitelist u can see reviews for these cases.

Does this project have a double-spends problem?