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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1178476 times)
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July 14, 2017, 08:21:51 AM
 #11041

Why do you think you would get double reward then? at the same time you would be just long one of both...

Because instead of 1 BTC on A and 1 BTC on B I would get 2 BTC on A/B.


I think if you have 1 BTC before, then you will later have 1 one A or B, not 1 on both? As you have to decide what chain you will use.

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July 14, 2017, 08:23:59 AM
 #11042

Why do you think you would get double reward then? at the same time you would be just long one of both...

Because instead of 1 BTC on A and 1 BTC on B I would get 2 BTC on A/B.

You'd risk getting stuck with all your bitcoin on what turns out to be the fork that dies? 

I'm not going to be on which (if it happens) fork wins, I'll play it safe and hold all chains until it's settled down.

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July 14, 2017, 08:25:47 AM
 #11043

Why do you think you would get double reward then? at the same time you would be just long one of both...

Because instead of 1 BTC on A and 1 BTC on B I would get 2 BTC on A/B.

You'd risk getting stuck with all your bitcoin on what turns out to be the fork that dies? 

I'm not going to be on which (if it happens) fork wins, I'll play it safe and hold all chains until it's settled down.


Yes but that means don't be in BTC at that time, so no double reward that Come-from-Beyond mentioned, what I think is incorrect

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July 14, 2017, 08:38:51 AM
 #11044

Isn't it just a better option to buy GBYTES with your Bitcoins? Bitcoin might even crash after the fork who knows.
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July 14, 2017, 08:41:08 AM
 #11045

Isn't it just a better option to buy GBYTES with your Bitcoins? Bitcoin might even crash after the fork who knows.


I think finally if BTC crashes most of the Altcoins will follow Sad

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July 14, 2017, 08:45:27 AM
 #11046

Isn't it just a better option to buy GBYTES with your Bitcoins? Bitcoin might even crash after the fork who knows.


I think finally if BTC crashes most of the Altcoins will follow Sad

Yeah but if you are holding GBYTES at the time you are guaranteed to receive more funds which you could sell for BTC later on compared to holding quickly depreciating BTC. My 2 cents.
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July 14, 2017, 08:47:49 AM
 #11047

Isn't it just a better option to buy GBYTES with your Bitcoins? Bitcoin might even crash after the fork who knows.


I think finally if BTC crashes most of the Altcoins will follow Sad

Yeah but if you are holding GBYTES at the time you are guaranteed to receive more funds which you could sell for BTC later on compared to holding quickly depreciating BTC. My 2 cents.


true but if all the coins are falling this won't help your portfolio Cheesy Also as seen last time the prices are significantly decreasing after the distribution

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July 14, 2017, 09:16:45 AM
 #11048

Isn't it just a better option to buy GBYTES with your Bitcoins? Bitcoin might even crash after the fork who knows.


I think finally if BTC crashes most of the Altcoins will follow Sad
This is holding true. Just look at the price of eth and dash. They are falling just at the same time as bitcoin is.

The only one which hasn't really flinched is litcoin. And is holding strong.

Isn't it just a better option to buy GBYTES with your Bitcoins? Bitcoin might even crash after the fork who knows.
That was my concern too and made a quick decision in supporting a different alternative until all has settled and passed after the looming date we were given before the fork happens to the blockchain.

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July 14, 2017, 09:23:41 AM
 #11049

You'd risk getting stuck with all your bitcoin on what turns out to be the fork that dies? 

I'm not going to be on which (if it happens) fork wins, I'll play it safe and hold all chains until it's settled down.

It's not worse than playing SatoshiDice, but you get double GBs as a bonus.
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July 14, 2017, 09:26:18 AM
 #11050

CFB in thread is good sign. When NEM was low he was in thread all the time too. Millions will be made again.

Byteball is really nice tech. Hold on to your GB like me Smiley

New Economy Movement (NEM) https://nem.io
The Movement (MVT) https://bitcointalk.org/index.php?topic=2068554
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July 14, 2017, 09:39:41 AM
 #11051

CFB in thread is good sign. When NEM was low he was in thread all the time too. Millions will be made again.

Byteball is really nice tech. Hold on to your GB like me Smiley

Of coz it's a good sign, CFB doesn't hang out in shitcoin threads.
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July 14, 2017, 09:46:38 AM
 #11052

CFB in thread is good sign. When NEM was low he was in thread all the time too. Millions will be made again.

Byteball is really nice tech. Hold on to your GB like me Smiley

Of coz it's a good sign, CFB doesn't hang out in shitcoin threads.

 Cheesy

I guess it's a very good sign for byteball. Price is very low now, good time to buy. Next airdrops will draw more attention for sure!

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July 14, 2017, 10:31:23 AM
 #11053

Anybody knows whats these black bytes are useful for?
Why cant we trade it in any exchange like GBYTE?
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July 14, 2017, 11:38:56 AM
 #11054

Byteball got pumped hard, but the big wall of China at least isn't in the orderbook anymore, I think the whale already accumulated or sold everything he wanted. Now the price will grow again.
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July 14, 2017, 12:28:49 PM
 #11055

CFB in thread is good sign. When NEM was low he was in thread all the time too. Millions will be made again.

Byteball is really nice tech. Hold on to your GB like me Smiley

Of coz it's a good sign, CFB doesn't hang out in shitcoin threads.

 Cheesy

I guess it's a very good sign for byteball. Price is very low now, good time to buy. Next airdrops will draw more attention for sure!

4-6 airdrops left, so we are getting closer to the full distribution.
I think after the last dstribution, the price will dump a lot...
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July 14, 2017, 12:33:25 PM
 #11056

4-6 airdrops left, so we are getting closer to the full distribution.
I think after the last dstribution, the price will dump a lot...

I heard these words so often that I start suspecting someone just wants us to believe in that. For some reason...
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July 14, 2017, 12:35:37 PM
 #11057

Byteball got pumped hard, but the big wall of China at least isn't in the orderbook anymore, I think the whale already accumulated or sold everything he wanted. Now the price will grow again.

Pumped? I think u meant to say Dumped.

Every smart person accumulate as we speak. Or already in. Please check last month give away, same time same dump. From 14-15 upwards we should see rise.

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July 14, 2017, 12:37:17 PM
 #11058

4-6 airdrops left, so we are getting closer to the full distribution.
I think after the last dstribution, the price will dump a lot...

I heard these words so often that I start suspecting someone just wants us to believe in that. For some reason...

Might be more airdrops as tony the dev is shed some light for next after august distros.

Please check slack for more info. But yesterday i did read something about move towards GB holders.
This could be big.
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July 14, 2017, 01:26:05 PM
 #11059

But yesterday i did read something about move towards GB holders.
Any particular info?
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July 14, 2017, 01:36:53 PM
 #11060

If you find bugs, report them.
I have a few minor bugs. I already posted one on Slack, but it could easily be overlooked. I'll post here for reference, and send you a PM too.

1. Error missing directory

On Linux, when I start Byteball on a new clean user account without ever logging in to the desktop environment, I get this error after setting my device name:

Code:
Uncaught exception: Error: failed to write desktop file: Error: ENOENT: no such file or directory, open /home/test4/.local/share/applications/byteball.desktop

This error doesn't happen if I create directory ~/.local/share first.
It also doesn't happen if I start the graphical desktop environment first (this creates the directory too).

To reproduce:
create new user "test4" # never log in as test4
xhost si:localuser:test4 # allow user test4 to open programs onto my current desktop
su - test4
/path/Byteball

Required fix:
Instead of giving this error, Byteball should create the directory it needs.

2. Blackbytes
It's not always possible to send any number of blackbytes.
Example: I want to send 50 kBB, but I can only send 100 kBB. I don't have smaller units in my wallet.

Required fix:
If I cannot send a certain number of blackbytes, my wallet should inform me how much I can send.
Feature request:
I would like to be able to see what units of blackbytes I have in my wallet.

3. Linux file permissions
The default file permissions on the Linux wallet are too restrictive: if I save the wallet as root, a user can't use it.
Example:
Code:
-rwx------   1 root root   842920 Dec  6  2016 Byteball
This should be:
Code:
-rwxr-xr-x   1 root root   842920 Dec  6  2016 Byteball
Required fix:
All 18,000+ files should have permissions that allows "other" users to read and (if appropriate) execute them.

4. Light wallets don't stop Syncing
My wallets are "Syncing" most of the time now, for more than 36 hours. Sometimes one or a few of them are done, but all light wallets continue "Syncing" again after a while. They all have different amounts of "private payments left". Restarting a wallet sometimes solves it.
Screenshot:


Required fix:
Syncing should be much faster than this.

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