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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1233955 times)
bspus
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July 22, 2017, 07:49:49 PM
 #11341

New to Byteball, love the tech behind everything. This question has probably been asked, but what are the future thoughts on price?
one ball one house
If the total supply of bitcoin is 21 million, the byteball total supply is 1 million.
With a superior technology, you do the maths now.

Technology, for all it's importance is not the whole story when it comes to success, in any field. Things would be very easy if it were so.

Trying to predict the price by asking on forums makes little sense too. It's hard to tell honest advice from attempts at manipulation, or even simply wishful thinking.


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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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July 22, 2017, 07:52:25 PM
 #11342

Saw somewhere the other day that iconomi is holding about 10% of all byteball. Are they the largest holder now besides remaining airdrop? Any address holding more? With owner known?
Yes, LISK team is holding a very substantial amount too.
If LISK team decides to redestribute the byteballs after the distribution to the LISK holders, it would be really good for the byteball distribution and LISK holders  Wink
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July 22, 2017, 08:42:01 PM
 #11343

The whole idea of Byteball is amazing and revolutionary
alucard23
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July 22, 2017, 08:43:37 PM
 #11344

Totally new? First of all the thread is old so it's not totally new at all, and secondly it was not totally knew when it was first introduced. There were three other coins previous that have used the exact same type of algorithm and all you're doing is probably cloning their coins.



The witness consensus mechanism with main chain is the first of its type. What are the 3 other that have used this?
Less than a year, and the distribution is not even over yet. Surely it will be something new for a lot of people. Also, as stated above, it is the first of its kind.

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July 22, 2017, 09:06:18 PM
 #11345

Saw somewhere the other day that iconomi is holding about 10% of all byteball. Are they the largest holder now besides remaining airdrop? Any address holding more? With owner known?
Yes, LISK team is holding a very substantial amount too.
If LISK team decides to redestribute the byteballs after the distribution to the LISK holders, it would be really good for the byteball distribution and LISK holders  Wink

Why would Lisk distribute Byteball to Lisk holders?  I would like this but sorry I have a hard time seeing them do this.  They have no obligation to do such a thing either.
Natalya
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July 22, 2017, 09:08:01 PM
 #11346

Hello guys.Can I get blackbytes for holding Gbytes in my wallet,or I will get them only for linking btc?

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July 22, 2017, 09:08:41 PM
 #11347

Saw somewhere the other day that iconomi is holding about 10% of all byteball. Are they the largest holder now besides remaining airdrop? Any address holding more? With owner known?
Yes, LISK team is holding a very substantial amount too.
If LISK team decides to redestribute the byteballs after the distribution to the LISK holders, it would be really good for the byteball distribution and LISK holders  Wink

Why would Lisk distribute Byteball to Lisk holders?  I would like this but sorry I have a hard time seeing them do this.  They have no obligation to do such a thing either.

because they have large amount of bitcoins from the ICO. byteballs are only distributed to bitcoin holders. from this point, it is fair.
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July 22, 2017, 09:15:11 PM
 #11348

Hello guys.Can I get blackbytes for holding Gbytes in my wallet,or I will get them only for linking btc?
You get them for holding gbyte also.
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July 22, 2017, 09:25:46 PM
 #11349

I am having problems with android wallets on TWO separate devices the wallet get stuck with the "starting the engines" message.
Any clues for solution?

No, really, I'm starting to get worried to see that I'm not able to start my lite wallets on DIFFERENT DEVICES. This is something which absolutely should not happen. On one device I have the latest wallet and on the other one the previous one and both of them are stuck with the "starting the engines" message. WTF is that?

Bump, this question needs answering. Meanwhile go to slack and telegram (see ANN OP), might get faster response there, if you get a solution, post it here (or edit your original post).

I have spent some time in Slack today and the guy there had no clue. After 2 days suddenly today I have managed to enter the wallet but when I have later rebooted the phone and tried to enter again I had the same problem again. Someone should really look in this issue.

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July 22, 2017, 10:24:30 PM
 #11350

Non professional investors have a very similar way of trade, they fall in euphry or panic very quickly, and this behaviour helps a lot to the professionals ones to earn easy money, the same like in forex or stock trading.
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July 22, 2017, 10:34:38 PM
 #11351

Saw somewhere the other day that iconomi is holding about 10% of all byteball. Are they the largest holder now besides remaining airdrop? Any address holding more? With owner known?
Yes, LISK team is holding a very substantial amount too.
If LISK team decides to redestribute the byteballs after the distribution to the LISK holders, it would be really good for the byteball distribution and LISK holders  Wink

Why would Lisk distribute Byteball to Lisk holders?  I would like this but sorry I have a hard time seeing them do this.  They have no obligation to do such a thing either.

because they have large amount of bitcoins from the ICO. byteballs are only distributed to bitcoin holders. from this point, it is fair.

That'll never happen.  The bitcoin became their property the moment it was sent over for the ICO.  Unless the team is generous enough to give away millions of dollars for free, I don't see this at all.

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DeepOnion
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July 22, 2017, 11:55:03 PM
 #11352

Saw somewhere the other day that iconomi is holding about 10% of all byteball. Are they the largest holder now besides remaining airdrop? Any address holding more? With owner known?
Yes, LISK team is holding a very substantial amount too.
If LISK team decides to redestribute the byteballs after the distribution to the LISK holders, it would be really good for the byteball distribution and LISK holders  Wink

Why would Lisk distribute Byteball to Lisk holders?  I would like this but sorry I have a hard time seeing them do this.  They have no obligation to do such a thing either.

because they have large amount of bitcoins from the ICO. byteballs are only distributed to bitcoin holders. from this point, it is fair.

That'll never happen.  The bitcoin became their property the moment it was sent over for the ICO.  Unless the team is generous enough to give away millions of dollars for free, I don't see this at all.

Waves team has been so generous few months ago
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July 23, 2017, 01:06:24 AM
 #11353

Guys... I cant find good Informations about this "3. generation" you have nice Links for this? maybe in ger? What you think about it? The difference is no endless grow of the blockchain? You think byteball will have a future? IOTA is free...
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July 23, 2017, 02:03:48 AM
 #11354

I am having problems with android wallets on TWO separate devices the wallet get stuck with the "starting the engines" message.
Any clues for solution?
No, really, I'm starting to get worried to see that I'm not able to start my lite wallets on DIFFERENT DEVICES. This is something which absolutely should not happen. On one device I have the latest wallet and on the other one the previous one and both of them are stuck with the "starting the engines" message. WTF is that?
I have spent some time in Slack today and the guy there had no clue. After 2 days suddenly today I have managed to enter the wallet but when I have later rebooted the phone and tried to enter again I had the same problem again. Someone should really look in this issue.
What device(s) and version(s) of Android are you attempting to run the client on?

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BC.GAME
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kola-schaar
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July 23, 2017, 07:13:57 AM
 #11355

Hello guys.Can I get blackbytes for holding Gbytes in my wallet,or I will get them only for linking btc?
You get them for holding gbyte also.
Right, but do not forget to link the bytes (BB-Address) Smiley
https://bitcointalk.org/index.php?topic=1608859.msg20170375#msg20170375
kola-schaar
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July 23, 2017, 07:22:23 AM
 #11356

Guys... I cant find good Informations about this "3. generation" you have nice Links for this? maybe in ger? What you think about it? The difference is no endless grow of the blockchain? You think byteball will have a future? IOTA is free...
I would recommend reading white paper. I think it is an easy to understand technical description.
https://bitcointalk.org/index.php?topic=1608859.0
or
https://wiki.byteball.org/
or Google "DAG crypto"  Wink
dbc23
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July 23, 2017, 07:24:28 AM
 #11357

I am having problems with android wallets on TWO separate devices the wallet get stuck with the "starting the engines" message.
Any clues for solution?

No, really, I'm starting to get worried to see that I'm not able to start my lite wallets on DIFFERENT DEVICES. This is something which absolutely should not happen. On one device I have the latest wallet and on the other one the previous one and both of them are stuck with the "starting the engines" message. WTF is that?

Bump, this question needs answering. Meanwhile go to slack and telegram (see ANN OP), might get faster response there, if you get a solution, post it here (or edit your original post).

I have spent some time in Slack today and the guy there had no clue. After 2 days suddenly today I have managed to enter the wallet but when I have later rebooted the phone and tried to enter again I had the same problem again. Someone should really look in this issue.

I'm sure someone is, there's bugfix updates for the wallets almost weekly.  The dev is INCREDIBLY active on this project.
just198
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July 23, 2017, 07:32:54 AM
 #11358

 Uncaught exception: Error: user version 12 > 11: looks like you are using a new database with an old client     
what should I do? Cry
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July 23, 2017, 09:16:39 AM
 #11359

Update on the cryptopia situation, GBYTE withdrawals to wallets are now working again.

This was the statement the exchange made:

The GBYTE Dev provided us with an update for the wallet today and this has resolved the withdrawal issues. You should have no further issues with your address being invalid. Thanks, Cryptopia Support

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July 23, 2017, 09:28:18 AM
 #11360

Update on the cryptopia situation, GBYTE withdrawals to wallets are now working again.

This was the statement the exchange made:

The GBYTE Dev provided us with an update for the wallet today and this has resolved the withdrawal issues. You should have no further issues with your address being invalid. Thanks, Cryptopia Support

good news
Now we can get back to business
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