Obyte: Totally new consensus algorithm + private untraceable payments

[escorted]

Does cryptox return the bb distributed in the second round to the user?
or
Will they not return?

I think they must give back bb but cryptox admin does not tell anything

[1714079473]

1714079473

[LitcoinCollector]

I don't want to send the Bytes back to this linked address, since it's been used to send a tx.
Or can addresses be reused in byteball?

Yes they can be reused. In your wallet you have the list of your addresses in wallet gear icon > wallet info > addresses, any of them is yours and is still usable. If one of them is linked and you don't want to link others then you can send bytes (back) to it.

Thanks, how can I change the currently linked byteball address?

[lizidev]

Does cryptox return the bb distributed in the second round to the user?
or
Will they not return?

I think they must give back bb but cryptox admin does not tell anything

we  need  know  something

[yvv]

The moon is almost full, and a little more than 3 days left before the 2nd round.  Please don't forget to move your bitcoins and bytes to the linked addresses before the Full Moon.  Chat with the transition bot to check these addresses and their balances.

How can I link another pair of addresses? Transition bot tells me my linked bitcoin and byteball addresses, but does not seem to have an option to re-link.
 

[Stratosf43ric]

To backup on Linux:

tar -cvjf" ~/byteball.backup_$(date +%s).tar.bz2" ~/.config/byteball

or when your Byteball process/wallet is off, cp -varp ~/.config/byteball ~/byteball_backup_$(date +%s)

[/quote]

Sorry to bother again, but im still trying to find a way to backup on Linux. I cant find /byteball_backup_$(date +%s) even when wallet is off. The wallet says to copy all /.config/byteball for backup, but it is more than 400MB and i dont have time this week to learn how to make my virtual machine recognize usb to copy it all - I intended to send the backup via email to the host...

Why dont i see that backup file? What is the 12 word seed for when it looks like it cant recover your wallet?

[kaicrypzen]

I don't want to send the Bytes back to this linked address, since it's been used to send a tx.
Or can addresses be reused in byteball?

Yes they can be reused. In your wallet you have the list of your addresses in wallet gear icon > wallet info > addresses, any of them is yours and is still usable. If one of them is linked and you don't want to link others then you can send bytes (back) to it.

Thanks, how can I change the currently linked byteball address?

If you mean link a new byteball address, then you just have to type it in the chat with the bot (and type your btc address after that). If you mean to unlink, then that's not possible.

How can I link another pair of addresses? Transition bot tells me my linked bitcoin and byteball addresses, but does not seem to have an option to re-link.

Type them in the chat with the bot and it will react accordingly. For instance, type bb address, type btc address, type signed message, you are done.

[HI-TEC99]

Does cryptox return the bb distributed in the second round to the user?
or
Will they not return?

I think they must give back bb but cryptox admin does not tell anything

we  need  know  something

For the first distribution the cryptox admin said anyone with a BTC balance on cryptox at snapshot time gets the full 100% GBYTE from the snapshot. I assume those with GBYTE on cryptox also get their share of the second distribution. As cryptox doesn't have a black bytes market you could pm grzem and enquire if cryptox will pay its users the black bytes from the second distribution.

Cryptox.pl has started, all users get GBYTE according to their BTC balance at snapshot time in full 100%.
We've decided to pay in full, as there wasn't rush with BTC depos.
To get GBYTE, go to My account->BMCodes and click Use.

[realbigs21024]

could someone be so kind and help me out please send me a little love to #KWGIYJOT4AHXTEJQUGFDTO3R4XDEKZOO     help me get going if not i do understand, sorry if not allowed no harm meant by this. I was hacked not long ago and they took almost everything i had. I started trading alts a few years ago with $5.68 i made from faucets and traded all the way up to 0.88 BTC that was the highest i ever made it, my goal was 1 Btc. I know it may not be much to some of you but to me that is alot. Thanks and sorry if this is not allowed or makes someone angry, I always helped people when i could when i was doing well because in the beginning i had a few people help me by teaching me the ropes a little

thank you so much to whomever sent me a few of these it really may help me get trading again any little bit helps and this seems to be a great community i like that thanks again

[francisthecrusher]

I'm not really a fan of byteball consensus model, but I think there is a problem with your mining pool argument in favor of BTC consensus model: Bitmain produces almost all of the mining hardware used to mine, and there is speculation that not only antpool is a Bitmain in house mining pool, but that f2pool, viabtc, gbminers, and BTC.top are all basically just Bitmain mining with their own hardware under the guise of decentralization. This is only speculation, except for the bit about Bitmain producing almost all the hardware which is fact, but if true there is really a single entity dominating the Bitcoin network.

They are using Bob McElrath's solution presented at the Scaling Bitcoin conference in Hong Kong - DAG instead of blocks. But he didn't have a reliable consensus model and probably still doesn't, using 'trusted' nodes is a shortcut (instead of finding a trustless consensus algorithm that works) and will probably get things off the ground but something more robust will be needed.

Every time I raise points like this though some die hard supporter (not mentioning any names) calls me a troll, this is quite revealing.

It's really great that someone is doing something new, but answering critics with ad hom attacks.... hopefully it's just supporters and not the devs.

[SatoNatomato]

I'm not really a fan of byteball consensus model, but I think there is a problem with your mining pool argument in favor of BTC consensus model: Bitmain produces almost all of the mining hardware used to mine, and there is speculation that not only antpool is a Bitmain in house mining pool, but that f2pool, viabtc, gbminers, and BTC.top are all basically just Bitmain mining with their own hardware under the guise of decentralization. This is only speculation, except for the bit about Bitmain producing almost all the hardware which is fact, but if true there is really a single entity dominating the Bitcoin network.

They are using Bob McElrath's solution presented at the Scaling Bitcoin conference in Hong Kong - DAG instead of blocks. But he didn't have a reliable consensus model and probably still doesn't, using 'trusted' nodes is a shortcut (instead of finding a trustless consensus algorithm that works) and will probably get things off the ground but something more robust will be needed.

Every time I raise points like this though some die hard supporter calls me a troll, this is quite revealing.

It's great that someone is doing something new, but answering critics with ad hom attacks is probably not a good idea.

This is great, raise more points like this and we will call out the trolls and not you.

I for one welcome criticism. If in doubt, whip it out. We will together find the flaws of this algorithm, maybe even both technically and socially, and use that knowledge to build better next time.

[francisthecrusher]

This is great, raise more points like this and we will call out the trolls and not you.

I for one welcome criticism. If in doubt, whip it out. We will together find the flaws of this algorithm, maybe even both technically and socially, and use that knowledge to build better next time.

Well... last time I quoted from the whitepaper and explained my concerns you called me a troll...

[SatoNatomato]

This is great, raise more points like this and we will call out the trolls and not you.

I for one welcome criticism. If in doubt, whip it out. We will together find the flaws of this algorithm, maybe even both technically and socially, and use that knowledge to build better next time.

Well... last time I quoted from the whitepaper and explained my concerns you called me a troll...

Sorry about that.

I fucked up.

[chat]

Hi Everybody
Question1: Byteball is designed with the (12 trusted witnesses) being able to control the network transactions. What stops them from colluding.I can tell you nothing prevents sometimes 5000 people on working together toward a shameful goal( like the bank in 2016 which allowed 5000 employees to create fake bank accounts).

Question2: The next distribution takes place in a few days and the developers say that each bitcoin linked to a byteball address will get 62.5mb.
So what is the 62.5mb roughly worth in usd or btc.

[yvv]

Question1: Byteball is designed with the (12 trusted witnesses) being able to control the network transactions.

They are not able to control the network transactions. They define the main chain in DAG.

[yvv]

I don't want to send the Bytes back to this linked address, since it's been used to send a tx.
Or can addresses be reused in byteball?

Yes they can be reused. In your wallet you have the list of your addresses in wallet gear icon > wallet info > addresses, any of them is yours and is still usable. If one of them is linked and you don't want to link others then you can send bytes (back) to it.

Thanks, how can I change the currently linked byteball address?

If you mean link a new byteball address, then you just have to type it in the chat with the bot (and type your btc address after that). If you mean to unlink, then that's not possible.

How can I link another pair of addresses? Transition bot tells me my linked bitcoin and byteball addresses, but does not seem to have an option to re-link.

Type them in the chat with the bot and it will react accordingly. For instance, type bb address, type btc address, type signed message, you are done.

Got it. Thanks!

[CryptKeeper]

an other connection. this one if funny a tiny picture.

i.ytimg.com

wants to connect to i.ytimg.com on TCP port 443 (https)

   IP Address   172.217.22.174
   Reverse DNS Name   arn09s11-in-f14.1e100.net
   Established by   /Applications/Byteball.app/Contents/MacOS/nwjs
   Process ID   3668

something googelish according the IP

i will no stop reporting. because i think it is clear that nwjs thing is the reason. dev will know what to do.

Thanks for reporting.  As other people said here and in a few github issues, it is some (supposedly dead) code in nwjs making connections to google properties.  These connections will be blocked in the next release.  If you want to block them now, edit your package.json by adding this proxy setting:

https://github.com/byteball/byteball/commit/dfdd00808e3ac8f3268e7e346c2009bb403260f5

The location of package.json on Mac is /Applications/Byteball.app/Contents/Resources/app.nw/package.json.

Vlom, great finding! 

We need more people like you to test the software. Even with careful developing, such privacy leaks can creep in. Better to eliminate leaks and bugs right from the start!

You have earned a bounty of 1 GB for finding this leak, thank you!

Please post your address here or PM me if you don't want to make it public, thanks.

@CryptKeeper
thank you very much.

you can send me the bytes to this address: 62VPG77DWEHUIDCWJG7BLZFRDUKDI22U

Just sent you 1 GB.

[kola-schaar]

warning medium ot 

I am writing this because this distribution is so incredibly interesting, but probably not everyone is aware of it (Besides, it is a treasure chest for sociologists, economists and marketing experts).
The second round is a good time for a retrospective and a look into the future.

Some history for the newcomer:
When tony started the distribution, he planned a distribution in 4 rounds (see above - a Big Bang with four steps).
1.   Round 10% -> 0,10 * 1E15 Bytes = 1E14 Bytes / 1E9 = 100000 GBytes
2.   Round 20%
3.   Round 30%
4.   Round 39% (1% reserved for future development)
Tony participates like everyone else with his BTC.

Tony's goal was / is a distribution with great spread.  He hoped (last year) that at the optimum 10% of BTC's capitalization would be linked ( 10% => 1600000 BTC = 1,6 billions Dollar)

The interest was however rather modest (70000 BTC -> 0,4 % of BTC's capitalization) . Genesis making by a Big Bang does not seem easy- people are so lazy .
As we can see here ( http://transition.byteball.org/firstround.html ), we were only a very small number of believers - ICOs., some Big, and a lot of small fishes 

According to this result, there was the risk that some early adopters (big fishes) and the ICOs. would suck up all the bytes (like a black hole sucks all the matter by gravitation).
The first distribution scheme still provided a 1: 1 distribution of byte -> bytes. What would have further accelerated the process. Similar to matter, money unfortunately has the property of agglomerate very quickly (The byte to byte ratio controls the gravity in the distribution cosmos).

The newly created Byteball universe would have become dark, boring and desolate. Only inhabited by 3 black holes (the ICOs), two handful of suns/planets, moons, and some planetoids + dust . (However, there are enough coin universes of this kind ).

Tony pulled the emergency brake:
There was a new (newbie friendly) distribution scheme. It slows the distribution radically to remain attractive to new users. It’s also a more altcoin holder friendly scheme ( gravity  set to 0.1 new bytes for every 1 byte you own at the moment of the snapshot-> people have more time to participate).
(new rules: https://bitcointalk.org/index.php?topic=1608859.3580 )

Now it becomes very interesting:
Due to the binding to BTC, the distribution of BTC with the BB distribution is repeated in a timelapse:

Before and right after the first round, Google Trends reported only inquiries from the US and Germany (and no-one else). Now (before the second round) Korea is the leader (since about 7 days), and the Netherlands +UK has joined. We are once around the world  (search google trends “Byteball” time: 7 days).
If you look at this video https://youtu.be/XFFvSYdKN78 you can estimate how the distribution (hopeful) continues.

Conclusion
The first thought was to carry out the distribution like a big bang in 4 steps. That did not quite work. Now, Byteball runs as a symbiont over the host BTC.
Will it work this way? I think yes, because anyone who does not connect his BTC must be totally stupid.  There is a classical win-win situation. Zero risk and one keeps the BTC only 24 hours a month (full moon) at an address.
Earlier or later, the insight should greatly gain ground at a lot btc owners and organizations.
This will be a very interesting year..

[CryptKeeper]

warning medium ot 

I am writing this because this distribution is so incredibly interesting, but probably not everyone is aware of it (Besides, it is a treasure chest for sociologists, economists and marketing experts).
The second round is a good time for a retrospective and a look into the future.

Some history for the newcomer:
When tony started the distribution, he planned a distribution in 4 rounds (see above - a Big Bang with four steps).
1.   Round 10% -> 0,10 * 1E15 Bytes = 1E14 Bytes / 1E9 = 100000 GBytes
2.   Round 20%
3.   Round 30%
4.   Round 39% (1% reserved for future development)
Tony participates like everyone else with his BTC.

Tony's goal was / is a distribution with great spread.  He hoped (last year) that at the optimum 10% of BTC's capitalization would be linked ( 10% => 1600000 BTC = 1,6 billions Dollar)

The interest was however rather modest (70000 BTC -> 0,4 % of BTC's capitalization) . Genesis making by a Big Bang does not seem easy- people are so lazy .
As we can see here ( http://transition.byteball.org/firstround.html ), we were only a very small number of believers - ICOs., some Big, and a lot of small fishes 

According to this result, there was the risk that some early adopters (big fishes) and the ICOs. would suck up all the bytes (like a black hole sucks all the matter by gravitation).
The first distribution scheme still provided a 1: 1 distribution of byte -> bytes. What would have further accelerated the process. Similar to matter, money unfortunately has the property of agglomerate very quickly (The byte to byte ratio controls the gravity in the distribution cosmos).

The newly created Byteball universe would have become dark, boring and desolate. Only inhabited by 3 black holes (the ICOs), two handful of suns/planets, moons, and some planetoids + dust . (However, there are enough coin universes of this kind ).

Tony pulled the emergency brake:
There was a new (newbie friendly) distribution scheme. It slows the distribution radically to remain attractive to new users. It’s also a more altcoin holder friendly scheme ( gravity  set to 0.1 new bytes for every 1 byte you own at the moment of the snapshot-> people have more time to participate).
(new rules: https://bitcointalk.org/index.php?topic=1608859.3580 )

Now it becomes very interesting:
Due to the binding to BTC, the distribution of BTC with the BB distribution is repeated in a timelapse:

Before and right after the first round, Google Trends reported only inquiries from the US and Germany (and no-one else). Now (before the second round) Korea is the leader (since about 7 days), and the Netherlands +UK has joined. We are once around the world  (search google trends “Byteball” time: 7 days).
If you look at this video https://youtu.be/XFFvSYdKN78 you can estimate how the distribution (hopeful) continues.

Conclusion
The first thought was to carry out the distribution like a big bang in 4 steps. That did not quite work. Now, Byteball runs as a symbiont over the host BTC.
Will it work this way? I think yes, because anyone who does not connect his BTC must be totally stupid.  There is a classical win-win situation. Zero risk and one keeps the BTC only 24 hours a month (full moon) at an address.
Earlier or later, the insight should greatly gain ground at a lot btc owners and organizations.
This will be a very interesting year..

Congrats, well written! Can I tweet this? 

[farl4web]

Question:

My laptop is currently undergoing repairs and my Byteball wallet is there too. I synced on the first round. Can I do another sync the next round without having access to my BTC and Byteball wallet?

[kola-schaar]

...

Congrats, well written! Can I tweet this? 

Sure, if it is helpful ..