Obyte: Totally new consensus algorithm + private untraceable payments

[kola-schaar]

see also:
https://bitcointalk.org/index.php?topic=1608859.msg18760587#msg18760587
https://bitcointalk.org/index.php?topic=1608859.msg18774667#msg18774667

[naska21]

better to buy

why? btc linking costs you nothing.

Let's not forget that 1GB is a huge measure unit.

1 GB is 1/millionth part of (eventual) total coin supply
1 BTC is 1/16millionth part of (current) total coin supply

Therefore 1GB is like 16 bitcoins in terms of total coin supply share.

If byteball achieved parity with BTC with regard to market cap, 1GB would be worth 16 BTC.

... and you can buy one now for 0,16 BTC with a guaranteed 10% free airdrop on a monthly basis...

thanks for this. it makes things nice and clear. too many zeroes otherwise.

look. suupose I decided to invest 1 btc. In the case of linking u will get 0.065 GB for it.  Let us assume  u decided to buy  5Gb at 0.2 - the worse case. The same 1 btc investment but your bounty will be 0.5 GB > 0.065 GB

[Fern]

Is BlackByte price listed somewhere?

[Viper1]

Greetings. Been looking into new coins and today I'm looking at DAG coins. I read the white paper which I found to be woefully inadequate for being a cryptocoin. No probability formulas. One page talking about double spend which only talked about one possible attack vector. And then I saw that it's centralized by requiring "reputable" witnesses, "captains of industry" they were called. So the only question I currently have is whether or not this coins cryptography and implemention has been peer reviewed by experts in the actual field.

[SatoNatomato]

Greetings. Been looking into new coins and today I'm looking at DAG coins. I read the white paper which I found to be woefully inadequate for being a cryptocoin. No probability formulas. One page talking about double spend which only talked about one possible attack vector. And then I saw that it's centralized by requiring "reputable" witnesses, "captains of industry" they were called. So the only question I currently have is whether or not this coins cryptography and implemention has been peer reviewed by experts in the actual field.

Greetings,

The implementation has been reviewed by interested developers, some bugs were found and closed, the discussion of cryptography/schemes happened on this forum before the launch. Correct, it is not trust-less, requires to trust 12 honest/well-behaved/incentivized/fee-collecting nodes/entities called witnesses on the network. There is no probabilities of confirmation times or similar, a transaction can be in two states, unconfirmed or confirmed.

There has been lower amount of technical/design discussion last week due to high price and everyone clapping, its about time someone got to the technical/criticism parts again.

[MultumInParvo]

hi all,
is there someone of the dev team around? I have a problem with a wrong linked btc wallet within my byteball v1.8.2 linking process!?
I've followed the instruction must closely by sending .000082 btc to my byteball address over my btc address, but the byteball bot tells me some sort of other btc address linked to my byteball wallet.

[D3m0nKinGx]

hi all,
is there someone of the dev team around? I have a problem with a wrong linked btc wallet within my byteball v1.8.2 linking process!?
I've followed the instruction must closely by sending .000082 btc to my byteball address over my btc address, but the byteball bot tells me some sort of other btc address linked to my byteball wallet.

What kind of btc wallet did you use? blockchain.info, multibit-hd, coinbase?   

[Come-from-Beyond]

There has been lower amount of technical/design discussion last week due to high price and everyone clapping, its about time someone got to the technical/criticism parts again.

Great. Will it be you answering or someone more... skilled?

[cryptohunter]

Greetings. Been looking into new coins and today I'm looking at DAG coins. I read the white paper which I found to be woefully inadequate for being a cryptocoin. No probability formulas. One page talking about double spend which only talked about one possible attack vector. And then I saw that it's centralized by requiring "reputable" witnesses, "captains of industry" they were called. So the only question I currently have is whether or not this coins cryptography and implemention has been peer reviewed by experts in the actual field.

Well anonymint did say it was one of the only designs he found of  interest on this entire board so that seems hopeful.

[MultumInParvo]

hi all,
is there someone of the dev team around? I have a problem with a wrong linked btc wallet within my byteball v1.8.2 linking process!?
I've followed the instruction must closely by sending .000082 btc to my byteball address over my btc address, but the byteball bot tells me some sort of other btc address linked to my byteball wallet.

What kind of btc wallet did you use? blockchain.info, multibit-hd, coinbase?  

Ledger Nano S with the associated Ledger BTC Wallet, because of that I'm not able to sign the message of the correct btc address and pass it to the transition bot. I've told the bot the correct btc address, now he asked me to sign the byteball wallet with my btc wallet, but to my knowledge that is actually not possible with the ledger nano s?

[D3m0nKinGx]

hi all,
is there someone of the dev team around? I have a problem with a wrong linked btc wallet within my byteball v1.8.2 linking process!?
I've followed the instruction must closely by sending .000082 btc to my byteball address over my btc address, but the byteball bot tells me some sort of other btc address linked to my byteball wallet.

What kind of btc wallet did you use? blockchain.info, multibit-hd, coinbase?  

Ledger Nano S with the associated Ledger BTC Wallet, because of that I'm not able to sign the message of the correct btc address and pass it to the transition bot. I've told the bot the correct btc address, now he asked me to sign the byteball wallet with my btc wallet, but to my knowledge that is actually not possible with the ledger nano s?

Then that wallet must be sending btc whilst creating a newly generated address each time, which means you need to check your wallet for the address that byteball says it's linked with, and then just move your btc to that address on your nano

[BTCspace]

1GB=1BTC coming in few Months.

[BTCspace]

how about change trading unit to MB?

1GB is too big...

[Candsno8]

How does the airdrop work with a Ledger Nano S?  The address I send from is not the same as my bitcoin address.

[BTCspace]

How does the airdrop work with a Ledger Nano S?  The address I send from is not the same as my bitcoin address.

there are some instructions about this.

[Candsno8]

How does the airdrop work with a Ledger Nano S?  The address I send from is not the same as my bitcoin address.

there are some instructions about this.

Thank you! Can you point me in that direction?

[Viper1]

Greetings. Been looking into new coins and today I'm looking at DAG coins. I read the white paper which I found to be woefully inadequate for being a cryptocoin. No probability formulas. One page talking about double spend which only talked about one possible attack vector. And then I saw that it's centralized by requiring "reputable" witnesses, "captains of industry" they were called. So the only question I currently have is whether or not this coins cryptography and implemention has been peer reviewed by experts in the actual field.

Well anonymint did say it was one of the only designs he found of  interest on this entire board so that seems hopeful.

lol... I suggest you have a look at this thread.
https://bitcointalk.org/index.php?topic=1319681.0
If he even bothered to look at this particular project he would trash it in seconds due to it being centralized. I suspect he was talking more about DAG itself as that's how I ended up over there following some of CfBs posts. I was hoping for a technical discussion but apparently the two of them couldn't come to an agreement on the definition of something. Regardless I've only made it through about 8 pages of that thing and it's given me a bit of a headache lol.. Will reply to the other response to my post later or tomorrow once I've cleared my head and done more reading on some DAG type stuff.

[Hitomi]

Can I use blockchain.info(with sig message available) web wallet to receive airdrop?
I can't download bitcoin core wallet because #RIP mobile data user

[naska21]

how about change trading unit to MB?

1GB is too big...

It would undermine its value

[ByteFan]

see also:
https://bitcointalk.org/index.php?topic=1608859.msg18760587#msg18760587
https://bitcointalk.org/index.php?topic=1608859.msg18774667#msg18774667

@kola-schaar Thx!

@all:

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