Obyte: Totally new consensus algorithm + private untraceable payments

[wjt120316]

I would like to know the details of the next distribution, thank you

[alphahacktivist]

id like to know the few steps of how to participate please. thank you

[Nixzor]

id like to know the few steps of how to participate please. thank you

The steps are explained in the first post and  next distribution is in 4 days.

[laurbyteball]

New open-source bot: Rosie

https://github.com/Laurentiu-Andronache/byteball-chatbot-Rosie

My first one!

[Jimmy2011]

Why the sync is so slow? only 3% for 1 hours?

[addicto]

Why the sync is so slow? only 3% for 1 hours?

Maybe you had problem with your internet connection I don't have any issue with syncing of wallet. Everything is working smoothly for me I think you must restart your modem than make it try I hope this will make sync process faster.

[Hyena]

Why the sync is so slow? only 3% for 1 hours?

Good question. Is it because too many users rely on light nodes? So the few full nodes out there are not capable to send the updates to light nodes fast enough?

Synchronization time definitely is one of the most annoying issue about Byteball. Does it help if more users operate a full node?

[tonych]

New open-source bot: Rosie

https://github.com/Laurentiu-Andronache/byteball-chatbot-Rosie

My first one!

Added to the Bot Store!

[naska21]

Why the sync is so slow? only 3% for 1 hours?

Good question. Is it because too many users rely on light nodes? So the few full nodes out there are not capable to send the updates to light nodes fast enough?

Synchronization time definitely is one of the most annoying issue about Byteball. Does it help if more users operate a full node?

it is because the sync involves only the hubs and relay nodes ( do not mix with the full nodes) . To resolve the issue both should be run on the fast machines having high broadband connection speed. In addition sync will speed up if the hubs are  evenly  shared  among  BB clients.

[evok3d]

Hello,

I had two questions:

- I have downloaded the android wallet, do i need to do anything further to be part of the distribution?
- I have some BTC which i want to use to collect byteball. How do i do that?

Cheers!

[bitserve]

Really, https://www.facebook.com/permalink.php?id=118934018581695&story_fbid=119443318530765

I, for one, vote for these claims to be investigated, and if true, banned from linking.

how the hell did such an obvious scam get so much money?

yes, they should be kicked.

Look at address history: https://blockchain.info/address/1LdRcdxfbSnmCYYNdeYpUnztiYzVfBEQeC
It received 53,880 BTC in 2014 then only some dust. It looks more like a joke from someone who has nothing to do with this address than a scam.

Maybe I am missing something. But it looks to me as a cold wallet of some BIG holder. The signature is valid so why kick him?

[naska21]

Hello,

I had two questions:

- I have downloaded the android wallet, do i need to do anything further to be part of the distribution?
- I have some BTC which i want to use to collect byteball. How do i do that?

Cheers!

U need to read OP (1st post on the 1st page on this tread), at least the  "Participation in Byteball distribution" section

[goldenchip]

quick question: Will i recieve free bytes for GBYTES stored in my mobile wallet on June 9th if i havent linked a btc address??

is anyone concerned that the top address linked for redemption is probably an exchange?? will that dump the price after the distribution??

which address is it ?
does anyone know which exchange ?

If it is referring to the address on the top of the richlist, those are coins that will be distributed.

[ZenFr]

Hi all,

In the wallet, were is the private key, what is it name (not see anywere the word "private key" ?
Not found any private key in parameters -> advanced parameters -> wallet informations.

What is the procédure to backup all the informations of the wallet to be able to restore it from scratch ?

Thanks

[ByteFan]

Hi all,

In the wallet, were is the private key, what is it name (not see anywere the word "private key" ?
Not found any private key in parameters -> advanced parameters -> wallet informations.

What is the procédure to backup all the informations of the wallet to be able to restore it from scratch ?

Thanks

The private key is the seed.

Backup from the wallet backup tool in "settings" then "full backup".

[wry]

Really, https://www.facebook.com/permalink.php?id=118934018581695&story_fbid=119443318530765

I, for one, vote for these claims to be investigated, and if true, banned from linking.

how the hell did such an obvious scam get so much money?

yes, they should be kicked.

Look at address history: https://blockchain.info/address/1LdRcdxfbSnmCYYNdeYpUnztiYzVfBEQeC
It received 53,880 BTC in 2014 then only some dust. It looks more like a joke from someone who has nothing to do with this address than a scam.

Maybe I am missing something. But it looks to me as a cold wallet of some BIG holder. The signature is valid so why kick him?

I can't think of any legit reason to kick him either but my dreams of untold riches from byteball just went up in smoke!  

Maybe the joke is on us?  Price already dropping.  Kudos to him!

[LoyceV]

Maybe the joke is on us?  Price already dropping.  Kudos to him!

Well, it did go up a lot in the past week(s). But I noticed the same, it started dropping at about the same time this address joined.
At the price he joined at, he's looking at $3 million in Byteball on Friday. It's a flaw in the way the airdrop works, but I can't think of any way to prevent the huge windfall to rich Bitcoin holders either.

Imagine this scenario:
If one person (let's call him whale) gets enough bytes to sell through all buy support at bittrex, it can potentially decimate the price. That would be an opportunity for others to buy cheaper bytes, but we all know the whale will get the same amount next month. If the price goes up, he'll dump again, making it a very bad investment, so there's a strong motivation against buying.

This is of course pure speculation, and a whale didn't become a whale by dumping his Bitcoins. He could very well HOLD his bytes too. The problem is: we can't know what he's going to do. All we know is one guy gets a much larger share than even the creator. Tony gets a very moderate 1% of all bytes. In my opinion, the modesty of the developer is more or less wasted if whales get a larger share.

[SatoNatomato]

Maybe the joke is on us?  Price already dropping.  Kudos to him!

Well, it did go up a lot in the past week(s). But I noticed the same, it started dropping at about the same time this address joined.
At the price he joined at, he's looking at $3 million in Byteball on Friday. It's a flaw in the way the airdrop works, but I can't think of any way to prevent the huge windfall to rich Bitcoin holders either.

Imagine this scenario:
If one person (let's call him whale) gets enough bytes to sell through all buy support at bittrex, it can potentially decimate the price. That would be an opportunity for others to buy cheaper bytes, but we all know the whale will get the same amount next month. If the price goes up, he'll dump again, making it a very bad investment, so there's a strong motivation against buying.

This is of course pure speculation, and a whale didn't become a whale by dumping his Bitcoins. He could very well HOLD his bytes too. The problem is: we can't know what he's going to do. All we know is one guy gets a much larger share than even the creator. Tony gets a very moderate 1% of all bytes. In my opinion, the modesty of the developer is more or less wasted if whales get a larger share.

If its not bitcoins made from scam, if it is indeed just his bitcoins sprinkled by spiteful/jelly people with dust, play on, game is same for everyone. Cheap bytes for all. Thank you whale!

[Wekkel]

Gonna try this as well.

Perhaps it is a good idea to show the location of the backup file in the App when finalising a backup of the Android Wallet?

[itraxe]

Isn't 50,000 BTC only equivalent to 3000 byteball?