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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1233958 times)
LoyceV
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June 23, 2017, 11:31:10 AM
 #10001

What do you mean by a linked Byteball address ? Linked to what ?
I understand what is the BTC linked address, bur the linked Bytewall address, not sure...
In my case, i have many BTC addresses linked to my Byteball address, but I have only one ByteBall address, but not linked to anything (except the BTC address, of course).
The address holding bytes should be linked to a Bitcoin address to receive blackbytes. So you're good.
Note that your bytes move to a different (change) address after you sent some bytes. In that case you should move them back to a linked address to receive blackbytes.

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CarlOrff
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June 23, 2017, 12:38:43 PM
 #10002

What do you mean by a linked Byteball address ? Linked to what ?
I understand what is the BTC linked address, bur the linked Bytewall address, not sure...
In my case, i have many BTC addresses linked to my Byteball address, but I have only one ByteBall address, but not linked to anything (except the BTC address, of course).
The address holding bytes should be linked to a Bitcoin address to receive blackbytes. So you're good.
Note that your bytes move to a different (change) address after you sent some bytes. In that case you should move them back to a linked address to receive blackbytes.
Thank you for your reply.
Ok,If I understand :
Linked for a Byteball address is "linked to a BTC address" ?
And if you don't move your Byteball (no change return, then no new Byteball address), your Byteball address is necessarly linked to one or more bticoin address ?

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June 23, 2017, 04:57:11 PM
 #10003

Much vaunted Eth is having a congestion problem causing overall cryptomarket into a downside push. I wonder how would Byteball deal with a similar load of transactions. Would it handle it better?

https://news.bitcoin.com/status-ico-generates-over-60-million-but-fails-to-deliver-meanwhile-ethereum-flounders/

As I understand, in theory, as Byteball i not using BlockChain but a Directed Acyclic Graph (DAG) a.k.a "Tangle", it is not concerned by overload of transactions. Is it the otherway around, the more transactions, the quicker they are confirmed.

https://explorer.byteball.org/#W/xyYlbV7wP5nkZ46s73dWi+EBjFgpzNkbCkld+jI0c= The Graph become larger when the number of transaction increase.

The bottleneck in this setup are full nodes (and to some extent light nodes) and synchronization. Imagine 20.000 tps. With such huge load full nodes would not keep up with new transactions coming and they would be in constant synchronizing state. The same applies to witnesses, oracles etc.  

In this case (20000tps) we will have a huge bunch of full nodes and witnesses, each will not need to be aware of all the transaction immediately. isn't it?

Unfortunately it is. Every full node stores a full DAG database which contains the history of all transactions ever happened. There's no sharding/pruning as of now.

Yes, they will end with the full dag, but does it have to be true at every moment, or can they receive update by bunches (branches of tree)?
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June 23, 2017, 05:05:10 PM
 #10004

2 weeks to the next distribution... expect price to pop before the distribution, with 20% monthly interest, it is a very good deal.

BTW, anyone can become a witness? or they are all controlled by dev?

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kaltun
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June 23, 2017, 05:09:16 PM
 #10005

2 weeks to the next distribution... expect price to pop before the distribution, with 20% monthly interest, it is a very good deal.

BTW, anyone can become a witness? or they are all controlled by dev?

How long will it take? i mean this distribition of byteball ?
dfox101
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June 23, 2017, 05:20:45 PM
 #10006

2 weeks to the next distribution... expect price to pop before the distribution, with 20% monthly interest, it is a very good deal.

BTW, anyone can become a witness? or they are all controlled by dev?

How long will it take? i mean this distribition of byteball ?

Not sure how many distributions will come, so far only 15% distributed?
ByteFan
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June 23, 2017, 05:27:00 PM
 #10007

2 weeks to the next distribution... expect price to pop before the distribution, with 20% monthly interest, it is a very good deal.

BTW, anyone can become a witness? or they are all controlled by dev?

How long will it take? i mean this distribition of byteball ?
25% distributed so far.

http://transition.byteball.org/ show the total linked BTC
Byte->byte = +20%

You can approximate. Next distribution should be around 80 GB
coinpreacher
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June 23, 2017, 07:38:48 PM
 #10008

How many wallet have been installed since now ? I remember 1% will be given to the first 100 million wallets.

Sorry guys, english is not my first language ...
Come-from-Beyond
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June 23, 2017, 08:03:41 PM
 #10009



I'm trying to launch RPC version as explained in https://github.com/byteball/headless-byteball/wiki/Running-RPC-service and get this error. Running headless version without RPC works. Any suggestions?
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June 23, 2017, 08:13:54 PM
 #10010

... or they are all controlled by dev?

As far as I know, at the current state, all witnesses are maintained and thus controlled by the developer(s).
However it is planned that witnesses will be trusted people or organizations in the future.
CarlOrff
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June 23, 2017, 09:05:37 PM
 #10011

I remember 1% will be given to the first 100 million wallets.
Are you sure ?
Where have you read that ?

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June 23, 2017, 09:08:46 PM
Last edit: June 23, 2017, 09:52:17 PM by hey_monkey
 #10012

Aren't we suppose to use the same seed on different devices? i have this message all the time:could not payement: duplicate definition of adress xyz, bnonserial=false
wry
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June 23, 2017, 10:30:56 PM
 #10013

I remember 1% will be given to the first 100 million wallets.
Are you sure ?
Where have you read that ?

It's at the end of the first post in this thread.

Quote
One last thing.  The remaining 1% will be given away to the first 100m users who install Byteball wallet, 100 Kbytes to each user.  This will start 6 months from now or later, after we get ready for that scale.

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ByteFan
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June 24, 2017, 04:45:41 AM
 #10014

... or they are all controlled by dev?

As far as I know, at the current state, all witnesses are maintained and thus controlled by the developer(s).
However it is planned that witnesses will be trusted people or organizations in the future.

No, there are a few others independants witnesses among which already exists the first redistributive witness:


Join the cashback witness to earn more free bytes.

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June 24, 2017, 06:04:20 AM
 #10015

Aren't we suppose to use the same seed on different devices? i have this message all the time:could not payement: duplicate definition of adress xyz, bnonserial=false

No you are not supposed to use same seed. Instead you can use a nicely feature called "multidevice wallet" which works perfectly (go "add wallet" -> "multidevice wallet").

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ruptan
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June 24, 2017, 06:51:17 AM
 #10016

I remember 1% will be given to the first 100 million wallets.
Are you sure ?
Where have you read that ?

It's at the end of the first post in this thread.

Quote
One last thing.  The remaining 1% will be given away to the first 100m users who install Byteball wallet, 100 Kbytes to each user.  This will start 6 months from now or later, after we get ready for that scale.

Thats very small amount. I think the dev should make that at least 5 MB to make it look promising and attraction if he really wants to do it. Thanks anyway though.

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June 24, 2017, 03:53:32 PM
 #10017

I have full backup file. But when I try restore from full backup file, my wallet loading ~30 sec (Import wallet...) and get the message "Incorrect password or file". If I use any other password I get same message immediately (it's mean that I use correct passsword, but file is broken).
Why it happens?
Maybe there are any way to fix the file?

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June 24, 2017, 05:07:48 PM
 #10018

I have full backup file. But when I try restore from full backup file, my wallet loading ~30 sec (Import wallet...) and get the message "Incorrect password or file". If I use any other password I get same message immediately (it's mean that I use correct passsword, but file is broken).
Why it happens?
Maybe there are any way to fix the file?

I think if you wrote down your seed you can at least recover bytes (but not blackbytes).
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June 24, 2017, 05:30:38 PM
 #10019

Hello,

I am still not able to get my BTC address linked.

I go to the Transition bot in the Byteball wallet and insert my Byteball address (by clicking on ... and then on "Insert my address").

Then I get the answer: "Got it, your Byteball address is ... [...] Alternatively, you can prove ownership of your Bitcoin address by signing your Byteball address ... if your Bitcoin wallet has "Sign message" function. In this case, let me know your Bitcoin address first."

I then enter my BTC address, but nothing happens. No answer from the bot.

Am I doing it wrong? Maybe someone can help?

Thanks, much appreciated!

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June 24, 2017, 05:40:44 PM
 #10020

Hello,

I am still not able to get my BTC address linked.

I go to the Transition bot in the Byteball wallet and insert my Byteball address (by clicking on ... and then on "Insert my address").

Then I get the answer: "Got it, your Byteball address is ... [...] Alternatively, you can prove ownership of your Bitcoin address by signing your Byteball address ... if your Bitcoin wallet has "Sign message" function. In this case, let me know your Bitcoin address first."

I then enter my BTC address, but nothing happens. No answer from the bot.

Am I doing it wrong? Maybe someone can help?

Thanks, much appreciated!



You're good, but now you need to actually sign a message (put your byteball address as the message)
I wrote a guide here, in case you missed another step.

https://byteballblog.wordpress.com/how-to-get-free-byteballs
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