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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1233954 times)
yvv
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July 31, 2017, 03:46:19 PM
 #11681

Now on Byteball we can create our own tokens. Soon, an influx of new projects will begin that will be based on Byteball technological blockchain.

It is sad that byteball does not have an option to create collateralized tokens, i.e. such tokens which are backed by reserve in some other token. Combined with oracles, this could have very nice use cases.

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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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kaicrypzen
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July 31, 2017, 03:56:23 PM
 #11682

Hi guys, i have a small problem which i hope you can help me out to solve. I had blackbytes on my windows computer. I recently swap to linux operating system but i also got a back up of my wallet before doing that. I did restore it now, but all i see is a 0 balance on my wallet. Did i loose all my blackbytes? Your help will be appreciated.

When you say backup, do you mean a copy of the byteball folder or the file made using the full backup option from the Byteball app?

Is there a difference in the end result? Which one is safer/better?

The backup from the full backup option is cross-platform, ie you can make a backup on Windows and restore from it on Linux. However, if you just take the byteball folder from a Windows machine and copy/paste it in the right directory on the Linux machine, it won't work.

Casmatesid
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July 31, 2017, 05:06:16 PM
 #11683

Now on Byteball we can create our own tokens. Soon, an influx of new projects will begin that will be based on Byteball technological blockchain.

It is sad that byteball does not have an option to create collateralized tokens, i.e. such tokens which are backed by reserve in some other token. Combined with oracles, this could have very nice use cases.


Do you mean that can be used in ICO?
yvv
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July 31, 2017, 06:32:38 PM
 #11684

Now on Byteball we can create our own tokens. Soon, an influx of new projects will begin that will be based on Byteball technological blockchain.

It is sad that byteball does not have an option to create collateralized tokens, i.e. such tokens which are backed by reserve in some other token. Combined with oracles, this could have very nice use cases.


Do you mean that can be used in ICO?

I am not sure how this could help with ICO, but for example insurance policy is essentially a collateralized asset, which can be represented with a token. There are other cools applications like market pegged assets (see bitshares), exchange tokens (see bancor), basket tokens etc.

.
bcsuisse
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July 31, 2017, 07:52:03 PM
 #11685

hi

is the recovery seed enough for a backup or do I have to backup more than that and run a full backup? if the seed is enough thats fine for me.

Bitrated user: kentokyo.
specturul
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July 31, 2017, 08:15:33 PM
 #11686

Now on Byteball we can create our own tokens. Soon, an influx of new projects will begin that will be based on Byteball technological blockchain.

It is sad that byteball does not have an option to create collateralized tokens, i.e. such tokens which are backed by reserve in some other token. Combined with oracles, this could have very nice use cases.


Do you mean that can be used in ICO?

I am not sure how this could help with ICO, but for example insurance policy is essentially a collateralized asset, which can be represented with a token. There are other cools applications like market pegged assets (see bitshares), exchange tokens (see bancor), basket tokens etc.


Yes, really a very good proposal, I think in time someone will embody such an asset in life.

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pwpwpw
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July 31, 2017, 09:01:57 PM
 #11687

Are there any development fund proposals for the future ? What happens after the last air drop ? We need devs and incentive to keep improving this coin. In this regard dash, pivx is really good, we need some system that helps maintain the future of byteball.

someone111
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July 31, 2017, 09:13:26 PM
 #11688

Now we have flight delay insurance bot.  It's already added to the Bot Store.



Users can buy insurance in easy to use chat interface.  They don't need to find a peer, the bot is the peer that is available 24/7.  The insurance is a smart contract, hence you don't need to trust the bot.  It is almost the same contract that you can do peer-to-peer but it is composed automatically, users need only to check the contract before paying.  The bot also reminds users when to unlock the contract.

The quotes are based on real stats provided by flightstats.com, so they vary by delay, airline, and flight.  The bot adds 5% profit margin above the probability of delay derived from the stats.

The source code is at https://github.com/byteball/flight-delays-insurance, you can use it as template for your own bots.
Alright, that's how one can become the insurant. That's how I can insure myself in case my flight is late.

How can I be the insurer? How does that work? Isn't this an interesting investment opportunity?

-
s1lverbox
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July 31, 2017, 10:30:28 PM
 #11689


UPDATE :

930773 BTC linked  which will bring approx. : 58,173 gb

and we have 365,903gb in circulation which will bring : 73,180 gb more after airdrop

So

 365,903+73,180+58,173=497,256 Gb in total in circulation after give away.

That's 50% of all gbytes.

Yes i think in this rate we will have 3 more airdrops
.

Distribution :   0.0625 Gb for each 1 BTC of linked balance and 0.2 new byte for each 1 byte you already hold.
                        131.94375 MBB for each 1 BTC of linked balance and 0.42222 new Bbyte for each 1 byte you already hold (on linked addresses only).

Scheduled:   August 7, 2017 at 18:10 UTC

Time left:          6 Days 19h

Next Update in 12-hours

AncientMystery
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July 31, 2017, 10:35:10 PM
 #11690


UPDATE :

930773 BTC linked  which will bring approx. : 58,173 gb

and we have 365,903gb in circulation which will bring : 73,180 gb more after airdrop

So

 365,903+73,180+58,173=497,256 Gb in total in circulation after give away.

Yes that's 50% of all gbytes.

Yes i think in this rate we will have 3 more airdrops
.

We'll see 1 mil BTC linked for sure. Byteball is starting to roll heavily Wink

zxs
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August 01, 2017, 12:40:11 AM
Last edit: August 01, 2017, 12:56:42 AM by zxs
 #11691

I am participating in the airdrop since the 1st round. But why i was receiving black bytes at the rates of bytes?
2-5 rounds, I got 0.1 (was promised 0.21111) GBB per GBB + 0.0625*2.1111 GBB per BTC
6,7 rounds, 0.2 (was promised 0.42222) GBB per GBB + 0.0625*2.1111 GBB per BTC
Can anyone explain? I did not open my wallet for a long time. I did not get about 100 GBB in total on all of my wallets.
Zabivelli
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August 01, 2017, 01:03:53 AM
 #11692

Noob question.. how do you participate in the Byteball airdrop?.. people are getting this for free? or am I missing something? Roll Eyes Shocked Grin

Use my link to sign up for Crypto.com and we both get $50 USD. You get many staking advantages and you can get the Visa card to spend crypto anywhere in the world. Every time you spend, you get cash back in $MCO. Depending on your card you get free Netflix, Spotify, Airport lounge key and other benefits! The cards are free!
CoinCidental
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August 01, 2017, 01:07:02 AM
 #11693

Noob question.. how do you participate in the Byteball airdrop?.. people are getting this for free? or am I missing something? Roll Eyes Shocked Grin

airdrops are by definition free ,another distribrution  model would be paid like an ico etc
jwinterm
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August 01, 2017, 01:07:18 AM
 #11694

OK, I got headless up and running, couple questions.

1. byteball.sqlite is now 2.5 GB, how big is db in sqlite format?

2. RPC call for main chain index returns 348670, where do I compare this to see if I'm fully synced? It's not obvious how/where to check on explorer.byteball.org.

Bump. I'm up to almost 7 GB byteball.sqlite file now (and almost 4 GB log.txt), and main chain index of 821618.
vhong
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August 01, 2017, 01:08:56 AM
 #11695

Noob question.. how do you participate in the Byteball airdrop?.. people are getting this for free? or am I missing something? Roll Eyes Shocked Grin

Actually, you can participate and get those byteball airdrop free of charge as long as you know how to follow instructions in the OP.
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August 01, 2017, 01:14:46 AM
 #11696

Noob question.. how do you participate in the Byteball airdrop?.. people are getting this for free? or am I missing something? Roll Eyes Shocked Grin

airdrops are by definition free ,another distribrution  model would be paid like an ico etc

Okeeeee so you mean there will be something like an ICO?
Noob question.. how do you participate in the Byteball airdrop?.. people are getting this for free? or am I missing something? Roll Eyes Shocked Grin

Actually, you can participate and get those byteball airdrop free of charge as long as you know how to follow instructions in the OP.

yeah I guess I should do that buddy...going to read Grin

Use my link to sign up for Crypto.com and we both get $50 USD. You get many staking advantages and you can get the Visa card to spend crypto anywhere in the world. Every time you spend, you get cash back in $MCO. Depending on your card you get free Netflix, Spotify, Airport lounge key and other benefits! The cards are free!
kilobytez
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August 01, 2017, 01:17:01 AM
 #11697

I have some bitcoin in the byteball generated address (during the verification process). How do I transfer it out?

░░░░░ Join Bitcoin Asia Network (BAN): https://goo.gl/LCCvy4 ░░░░░
 ░░░░░ COSS Token [Exchange] : https://goo.gl/uTFWbp  ░░░░░ Tips : 0xC8A0eF18f18F19d59CF5603f1777c181BE67205D ░░░░░
levelten
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August 01, 2017, 01:27:45 AM
 #11698

i have a question, can we redeem byteball with bitcoin cash address, since they both share the same privatekey maybe it work too? or this is only for bitcoin? maybe only the address matter which is different for bitcoin cash

I don't think so. You will not receive any Byteball from a Bitcoin Cash address. Because the snapshot will be taking on the BTC blockchain,
not on Bitcoin Cash blockchain, therefore, you will not receive any Byteball.
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August 01, 2017, 02:08:37 AM
 #11699

Byteball looks super interesting, why are there so many useless/p&d/ponzi coins making so much noise in the alt boards, that the really innovative and good quality ones can go unnoticed for so long?

Anyway, now I'm looking forward to the next moon Grin
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August 01, 2017, 03:31:05 AM
 #11700

I am participating in the airdrop since the 1st round. But why i was receiving black bytes at the rates of bytes?
2-5 rounds, I got 0.1 (was promised 0.21111) GBB per GBB + 0.0625*2.1111 GBB per BTC
6,7 rounds, 0.2 (was promised 0.42222) GBB per GBB + 0.0625*2.1111 GBB per BTC
Can anyone explain? I did not open my wallet for a long time. I did not get about 100 GBB in total on all of my wallets.
There is no GBB per GBB, only GBB per GB.
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