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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1161721 times)
Freefactomizer
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August 26, 2017, 02:45:21 PM
 #13041

Could anyone explain the sports bet procedure (not only the oracle, but the smart contract creation, and where can we find counterparty).

To find a counterparty, there is a dedicated channel on Slack.
The smart-contract creation is described there: https://medium.com/byteball/making-p2p-great-again-episode-iii-prediction-markets-f40d49c0abab

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kola-schaar
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August 26, 2017, 03:53:44 PM
 #13042

Where are the Transaction Fees going ? Why not free like IOTA ?

IMO fees are spam protection. Can someone confirm ?
yes and
white paper page 6
"Fees are collected by other users who help to keep the network healthy (more details
about that later), so they stay in circulation.
" -> see Witnesses (the witnesses collect the charges as a reward)
To understand why fees are required, it is recommended to read this as well: page 3 "Exchange rate"...

From my point of view it is worth reading at least the first pages of the white paper.
ByteFan
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August 26, 2017, 03:59:32 PM
 #13043

Where are the Transaction Fees going ? Why not free like IOTA ?

IMO fees are spam protection. Can someone confirm ?
yes and
white paper page 6
"Fees are collected by other users who help to keep the network healthy (more details
about that later), so they stay in circulation.
" -> see Witnesses (the witnesses collect the charges as a reward)
To understand why fees are required, it is recommended to read this as well: page 3 "Exchange rate"...

From my point of view it is worth reading at least the first pages of the white paper.

A network with no fee has no future (somebody, somewhere, has to pay for the network).

Byteball payment gateway for web merchants https://byteball-for-merchants.com/ - BEEB  (Blackbytes Exchange Bot): https://www.beeb-bot.com/ (closed)
Network map, stats, Top Richests and Byteball world map at https://byteball.fr/ (closed) - Hub operator featuring the cashback witness https://byteball-cashback-witness.com (closed)
staden
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August 26, 2017, 04:24:57 PM
 #13044

Friends ..
I installed a purse and sent coins there GB. I do not have the bitcoins address (But the bot requires it). I get all GB and GBB in the distribution? Or do I need to do something else?
Freefactomizer
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August 26, 2017, 04:34:34 PM
 #13045

Friends ..
I installed a purse and sent coins there GB. I do not have the bitcoins address (But the bot requires it). I get all GB and GBB in the distribution? Or do I need to do something else?

Install Electrum (or any BTC wallet) and sign with a BTC address even if it's empty. Otherwise you won't get your blackbytes.

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August 26, 2017, 05:35:48 PM
 #13046

Byteball v1.10.1 Released and next Snapshot Date
https://steemit.com/byteball/@ash/byteball-v1-10-1-released-and-next-snapshot-date

AltcoinScamfinder
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August 26, 2017, 05:40:22 PM
 #13047

Is anyone trading blackbytes anywhere? I have a bunch I have no idea what to do with. Any info is welcome.

FOR RENT.
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August 26, 2017, 05:41:47 PM
 #13048

Is anyone trading blackbytes anywhere? I have a bunch I have no idea what to do with. Any info is welcome.

https://bitcointalk.org/index.php?topic=1608859.msg20772018#msg20772018

gal_v
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August 26, 2017, 05:45:51 PM
 #13049

If i have byteball , do i need to make something to take practice in the distribution ?
jjacob
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August 26, 2017, 05:51:31 PM
 #13050

If i have byteball , do i need to make something to take practice in the distribution ?

No, you will automatically get the byteballs distributed in the next air drop. However, if you want the free blackbytes, you need to ensure that the byteballs are on a linked byteball address. Should be simple enough, though.


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gal_v
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August 26, 2017, 06:22:59 PM
 #13051

If i have byteball , do i need to make something to take practice in the distribution ?

No, you will automatically get the byteballs distributed in the next air drop. However, if you want the free blackbytes, you need to ensure that the byteballs are on a linked byteball address. Should be simple enough, though.

There is any instructions how to check if my byteballs on a linked byteball address?
Because i want to get the free blackbytes.
Thanks
amacar1
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August 26, 2017, 06:24:56 PM
 #13052

If i have byteball , do i need to make something to take practice in the distribution ?

No, you will automatically get the byteballs distributed in the next air drop. However, if you want the free blackbytes, you need to ensure that the byteballs are on a linked byteball address. Should be simple enough, though.

There is any instructions how to check if my byteballs on a linked byteball address?
Because i want to get the free blackbytes.
Thanks
Talk to the bot ("hi")
tonych
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August 26, 2017, 07:23:55 PM
 #13053

@ChainSmoker
Think of Blackbytes as a post-it handed to you by the previous owner. The post-it says: "ChainSmoker is now the new owner". Together with handing you the post-it, the DAG registers that the previous owner is no longer the owner of these Blackbytes. The DAG does not register that you received the post-it.
Now, if you lose this post-it, the previous owner can simply give you another post-it that says: "ChainSmoker is now the new owner". *
If you want to give your Blackbytes to someone else, your post-it contains all the information you need to create a new valid post-it for the receiving user, and to register the change of ownership in the DAG.

I think giving Tonych your address (and asking politely) is enough. Resending means sending the same transaction again, you'll receive the exact same Blackbytes again.
The sending wallet can click "re-send private payloads" from the transaction history:


I really recommend to try the features Byteball has, create another wallet and send some money around.

* Comment needed on this analogy: does it help explain how Blackbytes work?

Very good analogy!

Simplicity is beauty
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August 26, 2017, 07:54:31 PM
 #13054

If i have byteball , do i need to make something to take practice in the distribution ?

No, you will automatically get the byteballs distributed in the next air drop. However, if you want the free blackbytes, you need to ensure that the byteballs are on a linked byteball address. Should be simple enough, though.

There is any instructions how to check if my byteballs on a linked byteball address?
Because i want to get the free blackbytes.
Thanks
Talk to the bot ("hi")

I talked with the transition boot
I typed my bytealladress
and the boot said to me :
"
Got it, your Byteball address is ETZ........ Now you need to prove your Bitcoin address. To do that, please send 0.001434 BTC to 17wV7vBoBaSmyxATrsJ6UhwMopfAY4qc8t from a wallet where you control the private keys (no exchange wallets, no Coinbase, no Xapo, etc). This micropayment is nonrefundable.

Alternatively, you can prove ownership of your Bitcoin address by signing your Byteball address ETZ........ if your Bitcoin wallet has "Sign message" function. In this case, let me know your Bitcoin address first.
Hello again! In our previous conversation, I asked you to send 0.001434 BTC to my Bitcoin address 17wV7vBoBaSmyxATrsJ6UhwMopfAY4qc8t. Still waiting for your micropayment, it'll allow you to receive your bytes at the address ETZ........ from Byteball distribution.

"
Is it mandatory to send  0.001434 BTC to the adress above in order to get the free blackbyte ?
I don't have any bitcoin balance nor any bitcoin wallet.
Thanks
2dogs
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August 26, 2017, 08:09:12 PM
Last edit: August 26, 2017, 08:21:02 PM by 2dogs
 #13055

Could someone explain how to backup black bytes in the Windows wallet?

Your whole wallet is backed up using the menu function (upper left button) on the small expenses wallet page.
Then click settings>full backup>set up a password>repeat the password>export (indicate where you would like the backup located.)

Don't know if this answers your question or not...



If this ensures that also my black bytes are backupped, yes. Thanks.
I understand that the process must be repeated each time that new blackbytes are received (e.g., after each airdrop).


Yes, the black bytes are included.  
Just make sure the location of the backup is to another drive or usb stick, but you probably know this already.
Don't know if it is a requirement to backup after every airdrop, but I do anyways - it is just once a month.

Had to restore my wallet when I changed hard drives, and it worked for me.
Kudos to the development team for making it so easy.
wry
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August 26, 2017, 09:00:23 PM
 #13056

Is it mandatory to send  0.001434 BTC to the adress above in order to get the free blackbyte ?
I don't have any bitcoin balance nor any bitcoin wallet.
Thanks

No you need to sign the address which while it will not require a bitcoin balance it will require a wallet.

Good Luck.

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CryptKeeper
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August 26, 2017, 09:03:35 PM
 #13057

Is it mandatory to send  0.001434 BTC to the adress above in order to get the free blackbyte ?
I don't have any bitcoin balance nor any bitcoin wallet.
Thanks

No you need to sign the address which while it will not require a bitcoin balance it will require a wallet.

Good Luck.

I recommend to install Electrum (for desktop) or Mycelium (for Android) to do this. Both support signing messages and like wry wrote, you don't have to own any Bitcoins for that.

Follow me on twitter for the latest news on bitcoin and altcoins and I'll follow you back the same day!
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memberx
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August 26, 2017, 09:07:27 PM
 #13058

Is it mandatory to send  0.001434 BTC to the adress above in order to get the free blackbyte ?
I don't have any bitcoin balance nor any bitcoin wallet.
Thanks

No you need to sign the address which while it will not require a bitcoin balance it will require a wallet.

Good Luck.

I recommend to install Electrum (for desktop) or Mycelium (for Android) to do this. Both support signing messages and like wry wrote, you don't have to own any Bitcoins for that.

I can confirm, works fine with Electrum

Michail1
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August 26, 2017, 10:14:18 PM
 #13059

If i have byteball , do i need to make something to take practice in the distribution ?

No, you will automatically get the byteballs distributed in the next air drop. However, if you want the free blackbytes, you need to ensure that the byteballs are on a linked byteball address. Should be simple enough, though.

There is any instructions how to check if my byteballs on a linked byteball address?
Because i want to get the free blackbytes.
Thanks

Yes,

Go to:   http://transition.byteball.org/

On the search on the top right, fill in your byteball address or your bitcoin address.
soros123
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August 27, 2017, 12:51:05 AM
 #13060

Byteball 's group chat function is so marvelous
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