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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1165262 times)
Vaccinus
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May 19, 2017, 05:35:00 PM
 #8361

i have two questions, when the next distribution will be? and can i link the same bitcoin address to another byteball address for the next distribution or i need more bitcoin linked with new address?

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SatoNatomato
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May 19, 2017, 07:03:04 PM
 #8362


It could be he's just a honest enthousiast, but I can't know for sure.


I am. But you dont' have to trust me anyway. The only thing you have to trust is that 6 witnesses (that is to say a majority of the 12) does not collude together.

There is no risk using our witness.
what the fuck.

The whole point of witness is that you have to be trusted.

Yes you can wreck havoc as a witness, especially attempting to be first, you set a precedent. You can attempt double spends on your own.

The risk is huge for Byteball if anyone uses your witness, after what you have shown and said so far.

Actually, ByteFan is right. All we need to care is that the majority of witnesses don't collude. All 12 witnesses belonging to one person (event if it is tonych) is a bigger threat to the network than 12 witnesses belonging to 12 random guys.

What I meant with "have to be trusted" above is exactly the point that the witnesses should not collude. Trusted in the social sense, especially because it is an attempt to snatch the first witness, it sets a precedent for others to follow. Technically of course anyone can start a witness and anyone can spend their own bytes to post transactions using that witness and seemingly inflating any "% of units using the witness in last 1000 transactions" - big deal. As long as majority is honest, network is good.

I, for one, do not for a second doubt that ByteFan would be the first to collude with other witnesses, or make more of them behind different personas, given a chance.

Would you honestly trust that 12 anonymous random guys are actually 12 random real persons and not sockpuppets of ByteFan?
This is why witnesses have to be known in the real world, as the whitepaper says, reputable business or persons,
to whom we place the trust that they wouldnt collude with others and post frequently enough.
Come-from-Beyond
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May 19, 2017, 08:00:42 PM
 #8363

Would you honestly trust that 12 anonymous random guys are actually 12 random real persons and not sockpuppets of ByteFan?

Yes, if measures against Sybil attack are used.
tonych
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May 19, 2017, 08:14:53 PM
 #8364

Now you can P2P bet on the results of football matches using smart contracts:



TKT4UESIKTTRALRRLWS4SENSTJX6ODCW is the address of the sports oracle who will post the result of the game.  This oracle is also a witness.

After the result is known, chat with the sports oracle, its pairing code is Ar1O7dGgkkcABYNAbShlY2Pbx6LmUzoyRh6F14vM0vTZ@byteball.org/bb#0000.  



Then the backer can unlock the contract if his prediction was correct.  Otherwise, the layer can unlock the contract after the contract expires.

A small guide about composing the contract:
1. Oracle address is TKT4UESIKTTRALRRLWS4SENSTJX6ODCW
2. Data feed name is in the format HOMETEAM_AWAYTEAM_YYYY-MM-DD
3. Remove common abbreviations from the team names such as FC, AS, etc
4. Write team names in upper case
5. Remove spaces from multi-word team names.  Manchester United becomes MANCHESTERUNITED
6. Date of the match is in YYYY-MM-DD format
7. Value of the feed is the name of the winner team formatted according to the same rules, or DRAW

You don't need to tell the bot the date of the match, it will find the most recent game between the two teams within the last 7 days.  When talking with the bot, type the names of the teams as they are commonly known (without FC, AS, etc).

Source code: https://github.com/byteball/sports-oracle


Simplicity is beauty
SatoNatomato
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May 19, 2017, 08:28:49 PM
 #8365

Would you honestly trust that 12 anonymous random guys are actually 12 random real persons and not sockpuppets of ByteFan?

Yes, if measures against Sybil attack are used.
Dude, you use words which you dont even understand. Why dont you go and work on your scam coin iota, I heard its soooon going to launch on exchanges, any day now...
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May 19, 2017, 08:41:12 PM
 #8366

Now you can P2P bet on the results of football matches using smart contracts:



TKT4UESIKTTRALRRLWS4SENSTJX6ODCW is the address of the sports oracle who will post the result of the game.  This oracle is also a witness.

After the result is known, chat with the sports oracle, its pairing code is Ar1O7dGgkkcABYNAbShlY2Pbx6LmUzoyRh6F14vM0vTZ@byteball.org/bb#0000.  



Then the backer can unlock the contract if his prediction was correct.  Otherwise, the layer can unlock the contract after the contract expires.

A small guide about composing the contract:
1. Oracle address is TKT4UESIKTTRALRRLWS4SENSTJX6ODCW
2. Data feed name is in the format HOMETEAM_AWAYTEAM_YYYY-MM-DD
3. Remove common abbreviations from the team names such as FC, AS, etc
4. Write team names in upper case
5. Remove spaces from multi-word team names.  Manchester United becomes MANCHESTERUNITED
6. Date of the match is in YYYY-MM-DD format
7. Value of the feed is the name of the winner team formatted according to the same rules, or DRAW

You don't need to tell the bot the date of the match, it will find the most recent game between the two teams within the last 7 days.  When talking with the bot, type the names of the teams as they are commonly known (without FC, AS, etc).

Source code: https://github.com/byteball/sports-oracle


Absolutely amazing feature on byteball
Great release...... thanks tony Cheesy

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ByteFan
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May 19, 2017, 10:02:05 PM
 #8367


It could be he's just a honest enthousiast, but I can't know for sure.


I am. But you dont' have to trust me anyway. The only thing you have to trust is that 6 witnesses (that is to say a majority of the 12) does not collude together.

There is no risk using our witness.
what the fuck.

The whole point of witness is that you have to be trusted.

Yes you can wreck havoc as a witness, especially attempting to be first, you set a precedent. You can attempt double spends on your own.

The risk is huge for Byteball if anyone uses your witness, after what you have shown and said so far.

Actually, ByteFan is right. All we need to care is that the majority of witnesses don't collude. All 12 witnesses belonging to one person (event if it is tonych) is a bigger threat to the network than 12 witnesses belonging to 12 random guys.


I, for one, do not for a second doubt that ByteFan would be the first to collude with other witnesses, or make more of them behind different personas, given a chance.


Wahou I am the daemon among the 12 apostles. God, the bible, the 12 apostles and now the daemon. Everything makes sens sudently.

Byteball payment gateway for web merchants https://byteball-for-merchants.com/ - BEEB  (Blackbytes Exchange Bot): https://www.beeb-bot.com/ (closed)
Network map, stats, Top Richests and Byteball world map at https://byteball.fr/ (closed) - Hub operator featuring the cashback witness https://byteball-cashback-witness.com (closed)
vingaard
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May 19, 2017, 10:03:26 PM
 #8368

Now you can P2P bet on the results of football matches using smart contracts:



TKT4UESIKTTRALRRLWS4SENSTJX6ODCW is the address of the sports oracle who will post the result of the game.  This oracle is also a witness.

After the result is known, chat with the sports oracle, its pairing code is Ar1O7dGgkkcABYNAbShlY2Pbx6LmUzoyRh6F14vM0vTZ@byteball.org/bb#0000.  



Then the backer can unlock the contract if his prediction was correct.  Otherwise, the layer can unlock the contract after the contract expires.

A small guide about composing the contract:
1. Oracle address is TKT4UESIKTTRALRRLWS4SENSTJX6ODCW
2. Data feed name is in the format HOMETEAM_AWAYTEAM_YYYY-MM-DD
3. Remove common abbreviations from the team names such as FC, AS, etc
4. Write team names in upper case
5. Remove spaces from multi-word team names.  Manchester United becomes MANCHESTERUNITED
6. Date of the match is in YYYY-MM-DD format
7. Value of the feed is the name of the winner team formatted according to the same rules, or DRAW

You don't need to tell the bot the date of the match, it will find the most recent game between the two teams within the last 7 days.  When talking with the bot, type the names of the teams as they are commonly known (without FC, AS, etc).

Source code: https://github.com/byteball/sports-oracle



Yupiiiiii... that's amazing... Great new feature for byteball  Grin
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May 19, 2017, 10:16:18 PM
 #8369

Very nice!! When will be the next Distribution Huh

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bustedsynx
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May 19, 2017, 10:28:24 PM
 #8370

The price is dumping - when its free, its free money.  Grin

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May 19, 2017, 10:32:50 PM
 #8371

Very nice!! When will be the next Distribution Huh

June 9, 2017 at 13:10 UTC
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May 19, 2017, 11:13:03 PM
 #8372

Dude, you use words which you dont even understand.

Is it the only counterargument you have?
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May 19, 2017, 11:18:51 PM
 #8373

Dude, you use words which you dont even understand.

Is it the only counterargument you have?

Keeps the thread bumping and my inbox full of notifications of this thread lol, Loving it  keep up the drama Cheesy

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monocolor
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May 19, 2017, 11:30:41 PM
 #8374

The price is dumping - when its free, its free money.  Grin

it will go up before the distribution

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DeepOnion
.Anonymous and Untraceable.
ANN  Whitepaper  Facebook  Twitter  Telegram  Discord 





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May 19, 2017, 11:56:08 PM
 #8375

Keeps the thread bumping and my inbox full of notifications of this thread lol, Loving it  keep up the drama Cheesy

Everyone loves drama and thread bumps, you are not alone. Next week this thread will be bumped more often.
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May 19, 2017, 11:59:48 PM
 #8376

Great coin, what are the apps built on top of it?
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May 20, 2017, 12:27:40 AM
 #8377

How to participate in free BYTEBALL distribution?

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May 20, 2017, 01:02:49 AM
 #8378

How to participate in free BYTEBALL distribution?


Participation in Byteball distribution

If you missed earlier rounds of distribution, you can still participate in the further rounds. 
If you already participated or bought bytes on an exchange, you can multiply your holdings with 20% monthly interest. 

The snapshots of Bitcoin blockchain and Byteball DAG for the 6th round will be taken on the Full Moon of June, on June 9, 2017 at 13:10 UTC.  What you receive, is proportional to your balances in BTC and Bytes:
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 0.2 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.42222 blackbytes

To participate, link your Byteball and Bitcoin addresses before the 6th round:

1.  Download and install the wallet by following the above links.

2.  Visit https://byteball.org and click the link to chat with the Transition Bot.  The link will open the new wallet and start a chat.  Follow the instructions of the Transition Bot to prove your Bitcoin balance.

You have two options to prove your Bitcoin balance:
a.  By making a micropayment.  The bot will see your address the payment came from, will know that it is your address, and will instruct you to move your Bitcoins to this address.  By making several micropayments, you can link several Bitcoin addresses to the same Byteball address.
b.  By signing a message (if your Bitcoin wallet supports this function).  You tell the bot your Bitcoin address and sign your Byteball address with the Bitcoin address.  After you prove one address (a typical Bitcoin wallet has dozens of them), you can either move all your coins to this single proven address or prove all other addresses in the same way -- by signing a message. 

If you try to link the same Bitcoin address to multiple Byteball addresses, both links are ignored.  If you did this by mistake, link another Bitcoin address.

If you prove by micropayment, remember to check that the Bitcoin address that the bot received the micropayment from, is indeed your address.  An attacker might see your payment on the blockchain and repeat the same micropayment from his address trying to trick you to move your funds to him.

3.  If you make any Bitcoin payment, your coins will most likely be moved to a new change address.  Chat with the bot again, see the balance on your linked address(es) and move the coins back to the linked address(es) if necessary.

The linking phase will end on June 9, 2017 at 13:10 UTC, after which we'll do the distribution in proportion to BTC and bytes balances on this date.

In the 6th round, we'll distribute as much as is linked and calculated by the above rules, the exact % is not known in advance. 

The 7th and subsequent rounds (yet to be announced) will follow similar rules, but the relative weight of bytes vs. BTC (i.e. which amount of bytes gives the same share in the new distribution as 1 BTC) in the 7th and further rounds will change and will gradually increase to 1 BTC=62.5 MB.  It will be selected to maximize the value of bytes and keep the speed of distribution in sync with the growth of user base and the actual use of the network.  The ratio 62.5 MB per 1 BTC is chosen so that the total money supply of bytes (1015) and the total number of BTC in circulation (16,000,000) are equivalent.

We'll have as many rounds as is necessary until all bytes are distributed, most likely a new round every full moon.

My 1% doesn't participate in the 2nd and further rounds.

Earlier adopters have the opportunity to participate in greater number of distribution rounds and receive new bytes in each round by using the same BTC balance and bytes received in the previous rounds.  You are effectively multiplying your stake in each additional round you take part in.

Track the progress of linking at http://transition.byteball.org.



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May 20, 2017, 01:25:53 AM
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Has anyone successfully linked online  BTC wallet blockchain.info with byteball client?
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May 20, 2017, 02:15:57 AM
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Has anyone successfully linked online  BTC wallet blockchain.info with byteball client?

YES, EASY IMSTRUCTIONS ABOVE
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