Obyte: Totally new consensus algorithm + private untraceable payments

[MadGamer]

What the shared means on the transition.byteball.org exactly? I have seen addresses where the amount of bitcoin is more but the share is less? and a share of 0 basically means that the user won't receive anything or It's a display error because there is nothing smaller then 0.0001 shares? I wanna know something too, the next distribution that should take place next month, I need to link my bitcoins again or not doing anything is fine?

[CorePrime95]

Thanks I've done that, still not receive anything but I guess I just have to be patient? 

Takes hours for Bytes and even more for Blackbytes. Check your wallet tommorrow and eveything will be there.

[coinzoid]

I've linked my Ledger Nano S and it had more than 5 BTC but transition bot displays following message:

Current balance of this address is 4.80516237 BTC.

Any ideas to fix this issue?

[Disbeliever]

Looks like most of the whales have not moved their coins yet

Whales might afraid to move coz the market volume is very low. I mean if a whale will decide to sell now or when bytes come, the price will drop dramatically and there is no guaranty that it will recover later. So it's a question of time when some of them will dump.

[AltcoinScamfinder]

I've linked my Ledger Nano S and it had more than 5 BTC but transition bot displays following message:

Current balance of this address is 4.80516237 BTC.

Any ideas to fix this issue?

Not now after snapshot. You should have moved all funds to the actual holding address.

[SatoNatomato]

The linked address is not an exchange, exchanges arent allowed.

The dude who is loaded with 54k deserves his bytes just as you do. Stop being jelly.

Exchanges are allowed. What's not allowed is exchange users pretending to own exchange hot wallet addresses by making withdrawals from the exchange hot wallet to the transition bot.

what happen if I put my btc address with a byteball address, but then I change my wallet and put the same btc address? I will receive byte only in the last one?

you shouldn't be able to link the same BTC address to two different Byteball wallets, (as far as i know)

But I will receive bytes only in one? I guess

If you link one BTC address to multiple ByteCoin addresses you will receive nothing at all. That is to prevent the attack I described above. You should move your BTC to a new address and link that to just one ByteCoin address.

Anybody knows what is the fee to send blackbytes? It's surreal that I had to ask this in a forum to complete a transaction...

The fee is one bytecoin per byte of transaction size. Note that fees are paid in byteballs and not blackbytes. This makes sense; if the fee was paid in blackbytes the network wouldn't be able to validate that the correct amount of fee was paid due to blackbyte transaction amounts being opaque.

the typical fee for a transaction seem to be about 535 bytes. That is not a huge amount given the current value of a single byte (its negligible).

He was asking about the fee for blackbyte transactions. I think they tend to be more expensive than regular transactions on account of blackbytes being distributed in discrete units of various fixed sizes. I've seen blackbyte transactions up to 10 or 20kbytes in size (and hence in cost).

how much i get if i link 5 btc? there is a calculator somewhere? thanks

You get 62.5 MB per BTC.

There should be a calculator on your phone or computer. But I can help you out: 62.5 times 5 is 312.5.

This is not ByteCoin, buddy. Exchange-addresses are filtered out no matter if its their users or exchange operators.

There is so much fud in your post, no need just buy bytes, not byteballs, not bytecoins, like everyone else.

This is Byteball and its native currency is bytes. Blackbyre is the first defined private asset.

[retrocoingames]

Looks like most of the whales have not moved their coins yet

Whales might afraid to move coz the market volume is very low. I mean if a whale will decide to sell now or when bytes come, the price will drop dramatically and there is no guaranty that it will recover later. So it's a question of time when some of them will dump.

I mean I was just checking there wallet addresses here: http://transition.byteball.org/

Not many people are moving their bitcoins

[Michail1]

It's a snapshot mechanism. You may now withdraw your BTC and still receive your Byteball.

Everyone calm down.

100% we can withdraw?

Yes

how much i get if i link 5 btc? there is a calculator somewhere? thanks

5BTC * .0625 = 0.3125 GByte

wondering if snapshot is done, if so at which block...

Yes, read back one page.  Most questions are answered already.

tonych [9:29 AM]
block 470514 mined, it will likely be the snapshot block (unless there are reorgs)

[warrenlika]

It's a snapshot mechanism. You may now withdraw your BTC and still receive your Byteball.

Everyone calm down.

100% we can withdraw?

Yes

how much i get if i link 5 btc? there is a calculator somewhere? thanks

5BTC * .0625 = 0.3125 GByte

I think you also get the same amount each month for the next 6 or more months : )

wondering if snapshot is done, if so at which block...

Yes, read back one page.  Most questions are answered already.

tonych [9:29 AM]
block 470514 mined, it will likely be the snapshot block (unless there are reorgs)

It's a snapshot mechanism. You may now withdraw your BTC and still receive your Byteball.

Everyone calm down.

100% we can withdraw?

Yes

how much i get if i link 5 btc? there is a calculator somewhere? thanks

5BTC * .0625 = 0.3125 GByte

wondering if snapshot is done, if so at which block...

Yes, read back one page.  Most questions are answered already.

tonych [9:29 AM]
block 470514 mined, it will likely be the snapshot block (unless there are reorgs)

[bitserve]

The linked address is not an exchange, exchanges arent allowed.

The dude who is loaded with 54k deserves his bytes just as you do. Stop being jelly.

Exchanges are allowed. What's not allowed is exchange users pretending to own exchange hot wallet addresses by making withdrawals from the exchange hot wallet to the transition bot.

What about this? It is very deceitful and honestly just seems like fraud to me. For those that don't think it is:

fraud
frôd/
noun
noun: fraud; plural noun: frauds

    wrongful or criminal deception intended to result in financial or personal gain.
    "he was convicted of fraud"
    synonyms:   fraudulence, cheating, swindling, embezzlement, deceit, deception, double-dealing, chicanery, sharp practice

It looks ok to me. Business as usual. I don't like that in order to pay them he is going to sell the byteballs inmediately but anyways its according to the rules.

On the other hand, calling fraud something that isn't is not good behaviour.

[Michail1]

Anyone knows whether the distribution of this round have already started, or it's still a bit furhter away?

It has not started yet.
You can confirm this by.....
The largest address is paid first (based on history).

It's quite public now that that address is: 1LdRcdxfbSnmCYYNdeYpUnztiYzVfBEQeC
https://explorer.byteball.org/#HZKZGWUXZFBA47D7Y7QXI36RLPYD7NKA

No bytes, so no distro yet based on prior logic.

I've linked my Ledger Nano S and it had more than 5 BTC but transition bot displays following message:

Current balance of this address is 4.80516237 BTC.

Any ideas to fix this issue?

Without more details, we can't help; however, I am almost certainly sure that.....
Your wallet may have 5BTC in it; however, the specific address you signed with only has 4.80516237 while another address or addresses have the remainder.

Since you gave us the amount, we can see your BTC address is:  1EG4DNSQB9QsucVcBhKQGaNaUqPLnHhGFT

Looking at blockchain.info, I can see:
https://blockchain.info/address/1EG4DNSQB9QsucVcBhKQGaNaUqPLnHhGFT

The number reported is correct.  You don't have 5+ in it.  You have 4.80xxx

[CarlOrff]

Hi guys, a few questions please :
When will we see our GBYte from the june free distribution ?
And when is the next distribution (and how many GByte per Bitcoin) ?
Thank you.

[Michail1]

Hi guys, a few questions please :
When will we see our GBYte from the june free distribution ?
And when is the next distribution (and how many GByte per Bitcoin) ?
Thank you.

Please read back a few post before posting the same question already answered several times.

And, a calendar will show you the date/time of the next full moon.

[Ayers]

the bot is not starting for me after i click that link on byteball.org, what i'm missing here? his the conversation for the linked address still not possible to do?

[onemanatatime]

The snapshot is over, so can I move my BTCs already?

When can we expect to receive the tokens in our byteball wallets?

[AltcoinScamfinder]

The snapshot is over, so can I move my BTCs already?

When can we expect to receive the tokens in our byteball wallets?

Reading is fundamental.  Back a page or two.

[ssinc]

the bot is not starting for me after i click that link on byteball.org, what i'm missing here? his the conversation for the linked address still not possible to do?

I'm having the same issue. 

[AltcoinScamfinder]

the bot is not starting for me after i click that link on byteball.org, what i'm missing here? his the conversation for the linked address still not possible to do?

I'm having the same issue. 

Not completely unlikely that the distro after snapshot is causing some intermittent issues.

[CarlOrff]

Hi guys, a few questions please :
When will we see our GBYte from the june free distribution ?
And when is the next distribution (and how many GByte per Bitcoin) ?
Thank you.

Please read back a few post before posting the same question already answered several times.

And, a calendar will show you the date/time of the next full moon.

Ok, sorry.
I was impatient :-)

[Michail1]

the bot is not starting for me after i click that link on byteball.org, what i'm missing here? his the conversation for the linked address still not possible to do?

I'm having the same issue. 

The transistion bot is down.   Same as last month.

Give it time.  No hurry to register right now anyway since the distro is done for this month already.

The snapshot is over, so can I move my BTCs already?

When can we expect to receive the tokens in our byteball wallets?

Really, it would be nice if people would just read a page or two back before posting the same question over and over.  'Where is my free money!'