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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1233954 times)
bobq
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May 11, 2017, 07:50:17 PM
 #8041

Thanks, got the bytes! waiting for GBBs.

I'm happy that the overall distribution will be accelerated by the doubling at the next round! With that the coin's value shoud settle faster.

Doubling next round? Where did they say that?

They announced it recently - but they'll double only the bytes you get from your stack of bytes, airdrop for BTCs remain the  same.
By the way, hi Bob, still a EMC2 whale and a lover of sport cars?  Wink

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Michail1
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May 11, 2017, 07:52:55 PM
 #8042

Thanks, got the bytes! waiting for GBBs.

I'm happy that the overall distribution will be accelerated by the doubling at the next round! With that the coin's value shoud settle faster.

Doubling next round? Where did they say that?
https://bitcointalk.org/index.php?topic=1608859.msg18963073#msg18963073

It was promised that the distribution formula will change in the future rounds to give more new Bytes to current Byte holders relative to BTC holders.

On June 9 we'll have the 6th round of distribution, and after more than 4 months in the wild and having survived multiple post-distribution dumps, I think now it feels safer than before to participate in the distribution with Bytes, that's why the formula will change in favor of Byte-holders.  Also, I want to accelerate the distribution to minimize the perceived uncertainty connected with undistributed coins.

So, these are the rules for the distribution on June 9 (nothing changes for the today's round):

BTC to bytes: (no change) 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: (no change) 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: (2x increase) 1 byte on any Byteball address gives you 0.2 new bytes
Bytes to blackbytes: (2x increase) 1 byte on linked Byteball address gives you 0.42222 blackbytes


statdude
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May 11, 2017, 07:53:40 PM
 #8043

Still no blackbytes, how much are they worth anyway per 1 btc snapshot?

Someone answered before but answered about byteball not blackbytes.

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May 11, 2017, 07:56:20 PM
 #8044

Still no blackbytes, how much are they worth anyway per 1 btc snapshot?

Someone answered before but answered about byteball not blackbytes.

The very first post.


The snapshots for the 5th round will be taken on the Full Moon of May, on May 10, 2017 at 21:42 UTC.  This is what you receive:
BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.1 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.21111 blackbytes


kola-schaar
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May 11, 2017, 08:16:42 PM
 #8045

Distribution forecast

The exact number of rounds can’t be predicted.
This depends on two factors:
1.   The number of linked BTCs in each additional round (BTC Power)
2.   The compound interest rate in the distribution of the bytes (interest power -> currently 20%)


sample calculation
vingaard
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May 11, 2017, 08:25:14 PM
 #8046

Any news about blackbytes distribution? ... No blackbytes yet...  Huh
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May 11, 2017, 08:53:55 PM
 #8047

@Tony is it necessary to backup ~/.config/byteball folder?

I ask because in the wallet I read this message:

"To restore your wallets, you will need a full backup of Byteball data at ~/.config/byteball"

And if so, does a backup of this folder have to be done after any new activity in the wallet (i.e. sending/receiving tokens, smart contracts, chats, etc)

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May 11, 2017, 09:14:17 PM
 #8048

Guys what we can do with blackbytes ? we can trade them or ?
Can we use that blackbytes like in dice or elsewhere : ) ?

Request / 26th September / 2022 APP-06-22-4587
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May 11, 2017, 09:20:31 PM
 #8049

I can see my bytes on the explorer, but not in my wallet. Any idea how i can let them appear?

try to substitute the hub

Uh explain haha...never heard of that before Smiley

Settings > Hub>  and type any address of these

byteroll.com/bb - 1gbit unlimited in North Europe.
e.byteroll.com/bb - 1gbit unlimited in North America
s.byteroll.com/bb - 200mbit in Singapore.
byteball.fr/bb
byteroll.com/bb
byteball-ua.net/bb

then save


Thanks, tried it, but still same amount as before the round. Don't get it, it is visible on the explorer though.

Do you have the latest version of the Byteball client?
levelten
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May 11, 2017, 09:41:55 PM
 #8050

Any news about blackbytes distribution? ... No blackbytes yet...  Huh


Same here. It has been 12 hours since I received my Byteball, still no blackbytes yet.
hannusolo
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May 11, 2017, 09:49:30 PM
 #8051

Distribution forecast

The exact number of rounds can’t be predicted.
This depends on two factors:
1.   The number of linked BTCs in each additional round (BTC Power)
2.   The compound interest rate in the distribution of the bytes (interest power -> currently 20%)


sample calculation


Thank you for sharing this so fast, you da real MVP! Wink
So it seems 13th should be the last round.
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May 11, 2017, 09:49:32 PM
 #8052

Do you have the latest version of the Byteball client?

Installed latest, still the same.

https://explorer.byteball.org/#HNVWUGZURQK2MDKHVHVAKB765YXAQER2

Only the 2.55GB is available...the 4.05GB is not visible in the client Sad
Michail1
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May 11, 2017, 10:04:24 PM
 #8053

So I uninstalled/cleaned PC for Byteball files/downloaded/reinstalled Byteball AGAIN on my Windows 10 Pro 64 Bit. Still crashes directly after starting up. Would be nice if I could get some support here. Not impressed so far.

Just installed on a Win10Pro64 myself as a test.  Took 4-5 mins to install.   Set to lite wallet.  Took about 20 seconds to sync.

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May 11, 2017, 10:07:01 PM
 #8054

So I uninstalled/cleaned PC for Byteball files/downloaded/reinstalled Byteball AGAIN on my Windows 10 Pro 64 Bit. Still crashes directly after starting up. Would be nice if I could get some support here. Not impressed so far.

Just installed on a Win10Pro64 myself as a test.  Took 4-5 mins to install.   Set to lite wallet.  Took about 20 seconds to sync.

I've run like every version of the light win 10 x64 wallet since coin launched with no problem. Maybe would help if you checked the logs and provided some info besides just saying it crashed.
tonych (OP)
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May 11, 2017, 10:38:46 PM
 #8055

Version 1.8.3 released https://github.com/byteball/byteball/releases.

This is mainly a bugfix update, it fixes a few annoying issues that affected the full clients.

* Full backup is working again in full clients
* Fixed out-of-memory crashes in full clients
* Fixed an issue that significantly slowed down the sync in full clients
* Indonesian translation

P.S. Blackbytes are still being distributed.

Simplicity is beauty
levelten
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May 11, 2017, 10:43:56 PM
 #8056

Version 1.8.3 released https://github.com/byteball/byteball/releases.

This is mainly a bugfix update, it fixes a few annoying issues that affected the full clients.

* Full backup is working again in full clients
* Fixed out-of-memory crashes in full clients
* Fixed an issue that significantly slowed down the sync in full clients
* Indonesian translation

P.S. Blackbytes are still being distributed.

Thank you for the update.
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May 11, 2017, 10:48:13 PM
 #8057

Unfortunately I missed the previous round of airdrop...

Bitrated user: sotisoti.
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May 11, 2017, 10:57:05 PM
 #8058

Version 1.8.3 released https://github.com/byteball/byteball/releases.

This is mainly a bugfix update, it fixes a few annoying issues that affected the full clients.

* Full backup is working again in full clients
* Fixed out-of-memory crashes in full clients
* Fixed an issue that significantly slowed down the sync in full clients
* Indonesian translation

P.S. Blackbytes are still being distributed.

Thank you for the update.

Thanks i was experiencing Full backup Failure, hope this can fix it
ByteFan
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May 12, 2017, 04:07:00 AM
 #8059

byteball.fr
Updated to  1.8.3. Enjoy !


byteball.fr is an alternative hub (paired with master byteball.org) and community witness operated on a 300Mbps unmetered link.

We need more support to our community-driven Witness:
In your wallet settings  hub set byteball.fr/bb
bspus
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May 12, 2017, 04:41:45 AM
 #8060

Thanks, got the bytes! waiting for GBBs.

I'm happy that the overall distribution will be accelerated by the doubling at the next round! With that the coin's value shoud settle faster.

Doubling next round? Where did they say that?

They announced it recently - but they'll double only the bytes you get from your stack of bytes, airdrop for BTCs remain the  same.
By the way, hi Bob, still a EMC2 whale and a lover of sport cars?  Wink

Thanks for the info. That should protect from dumps at least in the following months as folding bytes becomes more valuable.

Who's bob?

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