Obyte: Totally new consensus algorithm + private untraceable payments

[XbladeX]

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

IMO fees are spam protection. Can someone confirm ?

[MaoChao]

Bytes included in Kaiserex recommended portfolio
https://www.kaiserex.com/what-is-the-recommended-portfolio/

[Karartma1]

Since you ask for blackbytes... do you know, or does anyone reading, know what's the exchange rate for GBYTE/GBBYTE
Please update this price every once in a while here on the forum.  

There is no exchange for it. There is #trading_blackbyte on https://byteball.slack.com where you can see offers:

ASK orders:
1.20539 GB/GBB   |   0.055 GB   |   4.562823717E9 GBB   |   @zonedoutdad (I'm pretty sure this line is a sorting mistake on slack)
0.01 GB/GBB   |   0.01 GB   |   1.0 GBB   |   @moonlander
0.01199 GB/GBB   |   0.0012 GB   |   0.1 GBB   |   @dmicah

BID orders:
0.01809 GB/GBB   |   0.181 GB   |   10.0 GBB   |   @conibito
0.01800 GB/GBB   |   1.8 GB   |   100.0 GBB   |   @altcore

For the record, there are now two bots that facilitate blackbytes' trading, beeb (which is currently in maintenance) and freebe, the latest trade on freebe is at 0.027 GB/GBB. Check out https://byteroll.com/blackbytes#bots for pairing codes (and more info).

Good thanks a lot! I hope these bots will become incresingly efficient so that we can do easy trades ourselves. Byteball is really paving the way of innovation in the crypto world 

[wuala]

Bytes included in Kaiserex recommended portfolio
https://www.kaiserex.com/what-is-the-recommended-portfolio/

Very interesting!

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

[Freefactomizer]

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

[kola-schaar]

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]

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).

[staden]

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]

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.

[favdesu]

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

[AltcoinScamfinder]

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

[rigel]

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]

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

[jjacob]

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.

[gal_v]

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]

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]

@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!

[gal_v]

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]

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]

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.