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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1234086 times)
IOTUSA
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June 08, 2017, 03:22:35 AM
 #9061

Whats the byteball (in coins or $$) you receive from registering a BTC wallet with say 20 BTC?

20 x 62.5 = 1250 Mbytes

they are trading at ~0.3 btc per Gbytes

I'm not very sure but if we follow 1024 MB as 1 GB
you would have a pretty decent amount of BTC on selling them

And I can do this through the ledger wallet without moving my coins?

chronicsky
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June 08, 2017, 03:50:24 AM
 #9062

Whats the byteball (in coins or $$) you receive from registering a BTC wallet with say 20 BTC?

20 x 62.5 = 1250 Mbytes

they are trading at ~0.3 btc per Gbytes

I'm not very sure but if we follow 1024 MB as 1 GB
you would have a pretty decent amount of BTC on selling them

And I can do this through the ledger wallet without moving my coins?

you need to prove ownership of that address by either signing or sending a small amount of btc
no need to move coins
Jeff Jefferson
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June 08, 2017, 03:56:59 AM
 #9063

yes just sign a message with your ledger and you will receive a little over 1GB. The price will drop immediately after next distribution. If you look at the past you will see that it's really worth it to just keep the coins as the price went ballistic the last weeks. and for you these are free coins
btc4u
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June 08, 2017, 04:11:29 AM
 #9064

my full wallet cant sync,always 0%
how to import full wallet turn to light wallet?
where is my privkey?
shit design.......
DieJohnny
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June 08, 2017, 04:27:27 AM
 #9065

Whats the byteball (in coins or $$) you receive from registering a BTC wallet with say 20 BTC?

20 x 62.5 = 1250 Mbytes

they are trading at ~0.3 btc per Gbytes

I'm not very sure but if we follow 1024 MB as 1 GB
you would have a pretty decent amount of BTC on selling them

Followed Transition Bot instructions, so am I good for the next distro, coins will show up magically in my wallet?

Those who hold and those who are without property have ever formed distinct interests in society
coin@coin
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June 08, 2017, 04:39:14 AM
 #9066

Takes ages to do a full sync, and is it better to send a small amount of coins or just by signing with a bitcoin address?

Which gives you more chance to get a distribution?
DieJohnny
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June 08, 2017, 04:44:51 AM
 #9067

Takes ages to do a full sync, and is it better to send a small amount of coins or just by signing with a bitcoin address?

Which gives you more chance to get a distribution?

I did the light wallet installation.

I signed and it seems after signing it is irrelevant how you validate your address, the payout sounds to be the same:

"You receive 62.5 MB and 131,943,750 blackbytes for each 1 BTC of the total balance of these Bitcoin addresses on June 9."

Those who hold and those who are without property have ever formed distinct interests in society
dreamhouse
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June 08, 2017, 05:40:27 AM
 #9068

This is one of the few serious projects in the altcoin space, looking forward to the next round distribution.
lijoe408
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June 08, 2017, 07:01:36 AM
 #9069

Ok so I send some BTC to the address provided by the transition bot in order to link my BTC, afterwards it says

"Please make sure that [xxxxxxxxxxxxx] is indeed your address and move all your coins to this address. You receive 62.5 MB and 131,943,750 blackbytes for each 1 BTC of the total balance of this Bitcoin address on June 9.

Current balance of this address is 0 BTC"

Why does it say the current balance is 0 when there is bitcoin in my Electrum wallet? 

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DeepOnion
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bobo012
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June 08, 2017, 07:09:00 AM
 #9070

Ok so I send some BTC to the address provided by the transition bot in order to link my BTC, afterwards it says

"Please make sure that [xxxxxxxxxxxxx] is indeed your address and move all your coins to this address. You receive 62.5 MB and 131,943,750 blackbytes for each 1 BTC of the total balance of this Bitcoin address on June 9.

Current balance of this address is 0 BTC"

Why does it say the current balance is 0 when there is bitcoin in my Electrum wallet?  

There is bitcoin in your electrum, but not on that address. You need to either move bitcoin to that address  or even better just sign the message through electrum with the addresses that contain bitcoins. It's much better than moving coins
Be careful not to move bitcoins to some address that you don't control, ofcourse
Freefactomizer
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June 08, 2017, 07:51:03 AM
 #9071

This is one of the few serious projects in the altcoin space, looking forward to the next round distribution.

Yeah and this project isn't a promise, it's a working software !

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
droizs
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June 08, 2017, 08:15:52 AM
 #9072

Can we use a Poloniex address? Or do I need to send the BTC to my private wallet to prove I own them?
yefi
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June 08, 2017, 08:18:30 AM
 #9073

20 x 62.5 = 1250 Mbytes

they are trading at ~0.3 btc per Gbytes

I'm not very sure but if we follow 1024 MB as 1 GB
you would have a pretty decent amount of BTC on selling them

Likely to be less when everyone dumps however. Not sure if I should try to get there first, or hang on until before the next distribution for a pump.
Freefactomizer
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June 08, 2017, 08:20:47 AM
 #9074

Can we use a Poloniex address? Or do I need to send the BTC to my private wallet to prove I own them?

You need a private wallet.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
Freefactomizer
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June 08, 2017, 09:11:31 AM
 #9075

If we buy byteball and send those byteballs to our wallet, will we get the 20% stake?


Yes, you still need to link a BTC address (even empty) to get also BlackBytes (an anonymous asset).

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abonarea
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June 08, 2017, 09:20:35 AM
 #9076

No need to rush at all when project is being worked on restlessly what dev is doing. Features have been introduced couple of days ago which cleared the direction and hidden potential of the Byteball. Let the distribution rounds be completed and by then most of the features will be already functional and more will be out. Then will be time to judge this project right now it can be in undervalued token's category.
ByteFan
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June 08, 2017, 09:30:22 AM
 #9077

[reminder]

Beware of change addresses in your BTC wallet AND in your byteball wallet for the next distribution round!
Byteball distribution companion helps you.

          Is you address properly linked?
          Is your linked BTC balance what you expected?
          Are all your bytes on your byteball linked address?
          How much will you receive?




+Bookmark. Once distribution has started you can follow in near real time when bytes arrive in your wallet. Enjoy!
kola-schaar
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June 08, 2017, 09:54:36 AM
 #9078

sammrheza
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June 08, 2017, 10:04:17 AM
 #9079

Hello, i still confused with this things.

Which one btc wallet I need to use since we cant use exchanger wallet

and say I have 1 btc on my wallet, and after drop I use my btc , and when drop comes next month I added again 1 btc or more to my wallet , can I do that or I need to hold my btc forever in my wallet in case to get airdrop ?

Thanks
Freefactomizer
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June 08, 2017, 10:07:29 AM
 #9080

Hello, i still confused with this things.

Which one btc wallet I need to use since we cant use exchanger wallet

and say I have 1 btc on my wallet, and after drop I use my btc , and when drop comes next month I added again 1 btc or more to my wallet , can I do that or I need to hold my btc forever in my wallet in case to get airdrop ?

Thanks

You need to put your BTC on your linked address at the time of the distribution. Between distributions, you can do whatever you want with them.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
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