Obyte: Totally new consensus algorithm + private untraceable payments

[LoyceV]

My question remains: Once I have several wallets, this number right here (the one that says 100,000 bytes) shows only the holdings of the selected wallet
how do I check the total amount of GB and blackbytes on all wallets?

GB you can check in http://explorer.byteball.org/, for blackbytes you'll need to check each individual wallet. And, after receiving them, you'll need to create a new backup.

also is there a limit of wallets you can create? (hopefully not..?)

No.

But since you're into privacy for 60 different addresses: how would you ever use the bytes? Sending them to the same address once again links them together.

[1713249879]

1713249879

[dreamer81]

If blackbytes cannot be traced, how can they not be tampered with? I meen people can inject false blackbytes into the system, and noone will know if it's a fraud? or?

[ico_reviews]

See our ICO review of Byteball - https://coins.best/ico-reviews/byteball/
Any kind of feedback is welcome - feel free to comment on the review itself

[LoyceV]

If blackbytes cannot be traced, how can they not be tampered with? I meen people can inject false blackbytes into the system, and noone will know if it's a fraud? or?

Read this (or that whole thread), it explains it very nicely:

So if I understand correctly, the public block chain is just a "bag of hashes" which cannot be verified or anything by any node or miner.  It is just a block chain of "data".  These data only have meaning for the people receiving "banknote files", which allows them to check the validity of the whole "banknote".  The hashes are in fact nothing else but hashes of "signed transactions", like with bitcoin, except that only the *signature hash* goes on the public block chain, and the actual transaction data remain on the individual banknote file.  Is that the gist ?  In fact, you need, as you say, TWO signatures (or hashes of signatures): one is the transaction signature (including the new beneficiary) and the other is the "spend" signature of simply the previous output.  The first signature (spending signature) makes that you cannot do double spending any more (you have invalidated the file up to the point where you transmit it), and the second signature allows the receiver to have a valid "new address" that he can spend (and only he, because only he has the secret key that goes with it like on bitcoin).

This is indeed a very, very good idea !

[GazorpPozorpec]

Guys, where can I find new rules for the distribution of coins? If I'm not mistaken, you can use your Bank card and get a cashback of 10% due to GB. Is that so?

[ByteFan]

See our ICO review of Byteball - https://coins.best/ico-reviews/byteball/
Any kind of feedback is welcome - feel free to comment on the review itself

Nice! However the distribution timeline is inaccurate:

Start Time   7-August-2017 @ 18:10 UTC
End Time   N/A (end of day).

[AncientMystery]

I've read few past pages, but didn't see any info. Is there any info about how many aidrop events there will be? Something like 5-8? It's really important for investors who are thinking about byteball purchase right now (they will get some extra profit every month )

[matt4054]

I've read few past pages, but didn't see any info. Is there any info about how many aidrop events there will be? Something like 5-8? It's really important for investors who are thinking about byteball purchase right now (they will get some extra profit every month )

It is still to be determined, because airdrop volumes depend on how many BTC and GBYTE is linked using the transition bot. There have already been 8 rounds, about 1 every month (every full moon), and there will be a few more, at the current coverage the bot, I would expect 4, maybe 5 more rounds before it's complete.

[Sincere_]

When is the distribution date for the next byte all distribution? Want to get more involved with byteball i
Hold a lil but need to stack up

[bobo012]

When is the distribution date for the next byte all distribution? Want to get more involved with byteball i
Hold a lil but need to stack up

Next is september 6. at a rate of 10 percent on your gb holdings

[AncientMystery]

I've read few past pages, but didn't see any info. Is there any info about how many aidrop events there will be? Something like 5-8? It's really important for investors who are thinking about byteball purchase right now (they will get some extra profit every month )

It is still to be determined, because airdrop volumes depend on how many BTC and GBYTE is linked using the transition bot. There have already been 8 rounds, about 1 every month (every full moon), and there will be a few more, at the current coverage the bot, I would expect 4, maybe 5 more rounds before it's complete.

Thanks for your answer! I'm surprised dev didn't set lower BTC ratio earlier. We had some crazy last rounds with record BTC amounts linked...

[ByteFan]

[reminder]

Announcing BEEB - Blackbytes Escrow Exchange Bot.

Instant buy and sell batches of Blackbytes 24h/24h, 7 days a week.
(you don't need to find a peer anymore: the bot is the peer!)

Trading on BEEB is anonymous.

AxV6ohKFORqIGfGqCZgjK1HlL8vBiNltcWWaI0Rc9yN+@byteball.fr/bb#0000

To pair with Beeb. In your wallet top left menu "PAIRED DEVICE" then "+ Add a new device" then paste the above cryptic address in "Accept invitation" and validate.

Support: https://byteball.slack.com/ #beeb channel

[neurotypical]

My question remains: Once I have several wallets, this number right here (the one that says 100,000 bytes) shows only the holdings of the selected wallet
how do I check the total amount of GB and blackbytes on all wallets?

GB you can check in http://explorer.byteball.org/, for blackbytes you'll need to check each individual wallet. And, after receiving them, you'll need to create a new backup.

also is there a limit of wallets you can create? (hopefully not..?)

No.

But since you're into privacy for 60 different addresses: how would you ever use the bytes? Sending them to the same address once again links them together.

Why would I send them to the same address? I will request different addresses and make different deposits and different times. This is what everyone in BTC does for example when depositing in an exchange, you want to use an exchange that allows you to have different addresses for deposits.

About seeing the total holdings... I can't check it on the software itself? that's pretty dumb.

[btcdee]

I keep on recommending this projects to my friends, more then most other projects. Unfortunately most don't take it seriously because of the name (yeah, I know it’s stupid… but these are some serious investors). I hope the project will undergo a rebrand to maximize it's well deserved mass adoption. For a successful rebrand example look at NEO, formally known as Antshares.

[LoyceV]

About seeing the total holdings... I can't check it on the software itself? that's pretty dumb.

Of course you can, but you'll need to check all your wallets one by one.

Unfortunately most don't take it seriously because of the name (yeah, I know it’s stupid… but these are some serious investors).

When I mention "Byte balls" to someone, it gives very weird responses indeed. Calling them "GBYTE" is also confusing, as it's a standard term related to computers.
I understand why the name was chosen though.

[neurotypical]

About seeing the total holdings... I can't check it on the software itself? that's pretty dumb.

Of course you can, but you'll need to check all your wallets one by one.

Unfortunately most don't take it seriously because of the name (yeah, I know it’s stupid… but these are some serious investors).

When I mention "Byte balls" to someone, it gives very weird responses indeed. Calling them "GBYTE" is also confusing, as it's a standard term related to computers.
I understand why the name was chosen though.

But what's pretty stupid is that you need to get your calculator out and sum all the different wallets... why can't the software show me the total amount of all wallets? I dont want to be needing to sum everything everytime I receive payments... don't you see that it is pretty dumb? just show me the total holdings..

[denam]

Even current price are painful but I do think as we will be nearer to next distribution market will react very positive. I expect other type of trend different than previous times. Now benefit is in holding of directly byteballs. This project is very young even distribution didn't complete so give it time to mature and everyone will be happy with results in future.

[erik m.]

Unfortunately most don't take it seriously because of the name (yeah, I know it’s stupid… but these are some serious investors).

When I mention "Byte balls" to someone, it gives very weird responses indeed. Calling them "GBYTE" is also confusing, as it's a standard term related to computers.
I understand why the name was chosen though.

Just explain that "ball" stands for snowball effect, and it's related to the technology.

[cryptounicon]

I have been watching these for a little while, and am considering coming in. I haven't made the jump to buy any though due to the crazy volatility. Might reconsider soon though, but there is a lot of competition for my limited crypto deposits every other week.

[ByteFan]

Unfortunately most don't take it seriously because of the name (yeah, I know it’s stupid… but these are some serious investors).

When I mention "Byte balls" to someone, it gives very weird responses indeed. Calling them "GBYTE" is also confusing, as it's a standard term related to computers.
I understand why the name was chosen though.

Just explain that "ball" stands for snowball effect, and it's related to the technology.

When you think of it bitcoin sounds stupid too (as well as pizza)