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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1225178 times)
nathanghart
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June 14, 2017, 08:36:51 PM
 #9781

Haven't sync'ed my wallet for a 1month, seems it takes forever to get sync'ed... performance is an issue!

Yes, but you don't have to run a full node and can switch to a light wallet which syncs in a few seconds.

You dont' need a full wallet for an average use. Switch to a light wallet.

How to switch to a light wallet? Is it a different wallet or is it done in the full one?
What is considered a light wallet?
One that doesn't download the entire blockchain of the .dat file?
I didn't think byteball had a blockchain, just the DAG and witnesses??? I will admit I haven't fully dug into all the terminology though.

I installed the light wallet because I heard the regular wallet took forever to sync... not sure what you are syncing if there are no blocks though....
Yeah that is some strange terminology to the ones who did not follow it from it's very start.
I have been just into to many coins right now and doing sia's wallet right now and it's been trying to sync for the last 2 hours now. 100GB from what I last read up on it's .dat file.
So the light wallet for byteball shouldn't be that big, since it started late last year and not over 2 years of data needed for this wallet to sync with on their type of blockchain.
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June 14, 2017, 09:07:50 PM
 #9782

HI

i sell 28gbb for 1,4gb

pm me. thx

ByteFan
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June 15, 2017, 05:18:56 AM
 #9783

Haven't sync'ed my wallet for a 1month, seems it takes forever to get sync'ed... performance is an issue!

Yes, but you don't have to run a full node and can switch to a light wallet which syncs in a few seconds.

You dont' need a full wallet for an average use. Switch to a light wallet.

How to switch to a light wallet? Is it a different wallet or is it done in the full one?
What is considered a light wallet?
One that doesn't download the entire blockchain of the .dat file?
I didn't think byteball had a blockchain, just the DAG and witnesses??? I will admit I haven't fully dug into all the terminology though.

I installed the light wallet because I heard the regular wallet took forever to sync... not sure what you are syncing if there are no blocks though....
Yeah that is some strange terminology to the ones who did not follow it from it's very start.
I have been just into to many coins right now and doing sia's wallet right now and it's been trying to sync for the last 2 hours now. 100GB from what I last read up on it's .dat file.
So the light wallet for byteball shouldn't be that big, since it started late last year and not over 2 years of data needed for this wallet to sync with on their type of blockchain.

The light wallet does not download the database (not 100GB but around 5GB at the moment). It synchs in a minute and relies on a "home hub" for the database. You can choose the home hub of your choice see https://byteball.fr

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)
testerx
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June 15, 2017, 06:15:54 AM
 #9784

Should probably change market to Mbytes instead of Gbyte, the high price is probably scaring people away.
MaoChao
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June 15, 2017, 06:55:22 AM
 #9785

How I can unlink my Bitcoin address from Byteball wallet?

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June 15, 2017, 07:08:57 AM
 #9786

How I can unlink my Bitcoin address from Byteball wallet?

You can't. It stays linked forever but you can link another address (actually as many as you like).

Follow me on twitter for the latest news on bitcoin and altcoins and I'll follow you back the same day!
Obyte - An open cryptocurrency platform ready for real world adoption
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June 15, 2017, 07:23:41 AM
 #9787

I think it's important for people to know that byte is the real name of the currency being traded right now, whereas Byteball is the name of the entire platform. As explained by @kaicrypzen in the speculation thread:
How many Bytes equal to one Byteball I'm so confused as to how to count this coin. And blackbytes? how do they work and are they the same currency as byteball? Thanks, guys!

There is no such thing as one Byteball ...
Byteball refers to the whole technologie/DAG/app/software. Byteball comes with two built-in assets/currencies, bytes and blackbytes. What you can find traded on exchanges is GBYTE which is GigaByte which is 1 000 000 000 byte.
Blackbyte is a private untraceable asset.

Thanks btw.

Byteball.org   ❱❱❱  IT  JUST  WORKS.  ❱❱❱
Sending Crypto to Email - Risk-Free Conditional Smart Payments - ICO Platform with KYC
dreamhouse
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June 15, 2017, 07:24:22 AM
 #9788

How do you know which coin received their byteball share? What if someone move their coins to new address every round? will he receive byteball again?

First it's important to know that you can participate in multiple rounds with the same Bitcoin. If for instance the Bitcoin was moved to a different address every round, then only the address with the Bitcoin linked to it will receive distribution.
So someone with 10 btc could claim byteball 6 times already (in case if he moves coins to new address every round)?

No need to move around, just register once and every airdrop you are entitled to receive new byteballs, does not even need to re-register.

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portabella
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June 15, 2017, 08:24:19 AM
 #9789

Reposting from slack for visibility.

Byteball, so far has no formal governance model. BUT! It is ripe for having THE BEST governance model - due to the witnesses system.
The witnesses are the rule enforcers, but the users area the witness-selectors. Revolutionary, more than "smart conditional payments"
this inverted model of power... is Byteball strength, killer feature.

See, bitcoin is rule-enforcing, and has no clear rule-makers, Ethereum has, and we know The DAO. Most tech which has a Foundation, that is the rule-makers. Those are the governors, the rule-makers.

Byteball, you dear users, the amount of transactions you can make, ie the amount of bytes you have, is the amount of POWER you HOLD. Over, witnesses, which are rule-enforcers only.

Start using https://byteroll.com/ as your hub today, select the BEST witness! Bringing you the best insights!

Inspired by
 https://www.oii.ox.ac.uk/blog/the-blockchain-paradox-why-distributed-ledger-technologies-may-do-little-to-transform-the-economy/
andrejka
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June 15, 2017, 12:24:01 PM
 #9790

HI

i sell 28gbb for 1,4gb

pm me. thx


wow, such a low rate, I thought gbb are more precious. I better hold mine till the better times  Grin

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BTCspace
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June 15, 2017, 05:40:34 PM
 #9791

Should probably change market to Mbytes instead of Gbyte, the high price is probably scaring people away.

i have the same opinion with you.

we should do that, i think it's a good move for this project..

why can not people realize this?


i think we need use Mbyte !  can we vote for this? how can i sign a message with my byteball wallet?

thank you

running farm worldwide
vlom
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June 15, 2017, 05:51:15 PM
 #9792

Should probably change market to Mbytes instead of Gbyte, the high price is probably scaring people away.

i have the same opinion with you.

we should do that, i think it's a good move for this project..

why can not people realize this?


i think we need use Mbyte !  can we vote for this? how can i sign a message with my byteball wallet?

thank you



why? you can trade Mbyte. and i think i would be nice if everybody knew how high the transaction fees are.
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June 15, 2017, 05:57:01 PM
 #9793

Leaving it at 1GB makes it more expensive, at 1MB it would attract more newcomers since it's "cheap" that way Smiley After a certain price point, GB will be just too big, especially once it goes beyond BTC price.

BTCspace
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June 15, 2017, 05:58:22 PM
 #9794

Leaving it at 1GB makes it more expensive, at 1MB it would attract more newcomers since it's "cheap" that way Smiley After a certain price point, GB will be just too big, especially once it goes beyond BTC price.

yes, why people can not realize this?

why?

 Grin

running farm worldwide
scambust
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June 15, 2017, 06:19:35 PM
 #9795

Yeah, I vote for Mbytes.  Grin
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June 15, 2017, 07:46:35 PM
 #9796

Yeah, I vote for Mbytes.  Grin

Me too
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June 15, 2017, 07:59:02 PM
 #9797

But it would be a good marketing effect when GBYTE becomes more expensive then BTC. Right now BTC is the most expensive coin and GBYTE second.
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June 15, 2017, 08:11:24 PM
 #9798

I would also vote for Mbytes!
Noobs always asking me why Byteball is so expensive:D
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June 15, 2017, 08:12:55 PM
 #9799

unti bias has already done a massive amount of damage to bitcoin's attractiveness to noobs. byteball should change it while it's still easy.
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June 15, 2017, 08:15:01 PM
 #9800

unti bias has already done a massive amount of damage to bitcoin's attractiveness to noobs. byteball should change it while it's still easy.

What damage? Look at the marketcap, it is gigantic
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