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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1216816 times)
jukKas
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September 07, 2017, 01:52:47 PM
 #13541

Yes, I got precious Gbytes as always. Thank you very much. It's very nice to see this community is growing and new participants is coming drop after drop.

That that byteball for merchant -concept is also very nice. I'm sure this project will be one of the best in cryptoscene this year.

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doge94
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September 07, 2017, 01:53:53 PM
 #13542

Guys seriously!???.. 1Gbyte = 1,000,000,000 bytes = 320$ Huh
This means that Bytes which is actually the base unit is valued @ 1 Byte = 0.00000032$ ??!.. WTF, this is way undervalued and so much below the value of the shittiest shitcoin... Why's the dev so silent about this??... Getting this out would be the biggest game changer for Byteballs... Is everyone sleeping here??!!.. Do something 'bout it!

turns out 1 byte of storage on the dag is worth next to nothing.
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September 07, 2017, 02:07:31 PM
 #13543

whether it was the  final airdrop? did i understand wrong?

No, this is not last distribution as per last updates only different thing for next round is that is postponed. There is no clear statement that whether in November will be carried on the series of distribution or not. We can only wait for next updates to appear which will be of course next month surely.


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September 07, 2017, 02:11:09 PM
 #13544

Guys seriously!???.. 1Gbyte = 1,000,000,000 bytes = 320$ Huh
This means that Bytes which is actually the base unit is valued @ 1 Byte = 0.00000032$ ??!.. WTF, this is way undervalued and so much below the value of the shittiest shitcoin... Why's the dev so silent about this??... Getting this out would be the biggest game changer for Byteballs... Is everyone sleeping here??!!.. Do something 'bout it!

turns out 1 byte of storage on the dag is worth next to nothing.

Well guess that would amount to a total supply of 1 quadrillion Bytes... crazy lol... prolly best this way
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September 07, 2017, 02:44:16 PM
 #13545

Got all stuff from tonych.

thanks for GB and for GBB tonych. Very generous of yours.

Keep up good work.
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September 07, 2017, 02:57:12 PM
 #13546

The coin price is dramatically low now.

= buying opportunity.

That is right. there are more application and usage of Byteball now.
clovis A.
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September 07, 2017, 03:06:24 PM
 #13547

It was not the final airdrop, there's more airdrops to come. Next airdrop will be on the full moon of November.

Hmmm, did tony announce he's skipping the October 5th full moon?

Either way, thanks again for the bytes and blackbytes, tonych!!

Don't forget to complete a full backup, everyone Smiley

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Cloud storage is about to change
                          Are you ready?
tonych
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September 07, 2017, 03:14:30 PM
 #13548

Did Bittrex renamed Byteball?

The name is now only Bytes. I could swaer it was Byteball luntil recently. The name Byteball isn't even mentioned anywhere.

Did something happend?

Interesting... That's probably because of something we have been discussing months ago.
I think it's important for people to know that byte is the real name of the currency being traded right now, whereas Byteball is the name of the entire platform. As explained by @kaicrypzen in the speculation thread:
How many Bytes equal to one Byteball I'm so confused as to how to count this coin. And blackbytes? how do they work and are they the same currency as byteball? Thanks, guys!

There is no such thing as one Byteball ...
Byteball refers to the whole technologie/DAG/app/software. Byteball comes with two built-in assets/currencies, bytes and blackbytes. What you can find traded on exchanges is GBYTE which is GigaByte which is 1 000 000 000 byte.
Blackbyte is a private untraceable asset.

Thanks btw.

They renamed on my request because people keep calling the currency byteball.
To reiterate: Byteball is the platform, Byte (and derived names Gigabyte, Megabyte, etc) is the main currency.

Simplicity is beauty
Neon~
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September 07, 2017, 03:30:27 PM
 #13549

Received the correct amount of Bytes as per new rules. Do we have to backup the wallet every time after Black byte distribution as its not registered on the DAG and kept locally?

You don't have to backup anything; however, highly suggested you make backups all the time (specifically after any blackbyte send/receive).

No one ever regretted making too many backups.  Most people complain that didn't make a backup when they should have.
My doubt is about how black bytes are tracked and how to get back up and running in case of a hdd crash. Most cases, having the private key of the address is enough if its tracked through DAG / blockchain, but I believe black bytes are transferred P2P with no involvement of DAG / blockchain.
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September 07, 2017, 03:48:54 PM
 #13550

In case you missed it, we keep adding new chatbots to the Bot Store.

This is one of recent additions developed by CoinGaming.io:




Simplicity is beauty
KGBx
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September 07, 2017, 03:53:22 PM
 #13551

Got my 10% 18 hours ago. Thanks for the airdrop!
were blackbytes distributed already?

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candymimi007
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September 07, 2017, 04:54:55 PM
 #13552

Is there anyone updated the wallet? I am not sure if I should backup the whole wallet first before update Huh

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Helios45
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September 07, 2017, 04:57:18 PM
 #13553

Is there anyone updated the wallet? I am not sure if I should backup the whole wallet first before update Huh

I did update my wallet with no issues
You should always take a backup before applying an update on the wallet
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September 07, 2017, 05:05:27 PM
 #13554

Got my 10% 18 hours ago. Thanks for the airdrop!
were blackbytes distributed already?

I am yet to receive GBB as well. These usually take a little while longer to distribute.

Michail1
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September 07, 2017, 05:44:55 PM
 #13555

Got my 10% 18 hours ago. Thanks for the airdrop!
were blackbytes distributed already?

No

It was not the final airdrop, there's more airdrops to come. Next airdrop will be on the full moon of November.

Hmmm, did tony announce he's skipping the October 5th full moon?

Either way, thanks again for the bytes and blackbytes, tonych!!

Don't forget to complete a full backup, everyone Smiley

Yes, listed on the Wiki, byteball.org, and on the OP.

+1 FULL Backup often


I have recieved my share from airdrop, but still no sign of blackbytes. I started receiveng them when thi price was as high as 0.3btc. However, the price kept falling after each airdrop. The coin price is dramatically low now. I think these airdrops will bring its end soon.

Maybe you should read more than just your own post as blackbytes distribution takes a few days as indicated.
So, you're complaining that you're receiving free money?
Since you think it will bring the end of byteball, are you going to simply dump and be done with the thread of still post?

Distribution of bytes is finished.
Total distributed: 57,444.473272169 GB.  It's about $19m at the current rate.
New available supply: 583,896.4940036 GB.  Coinmarketcap is already updated.

I'll update when blackbytes are distributed, it is going to take about 3 days.
whether it was the  final airdrop? did i understand wrong?

How did you interpret that from his statement?  Yes, you understood it wrong.
Next drop is October.

Anyone knows how do I disable trade notifications that are coming on my Android phone for the trades getting settled in freebe bot?

Can anyone please help me with this?

In the Bot chat, type in      /settings
That will give you three options for notifications you can disable.
Or directly like:
/disable_chat
/disable_info     (this is the trading switch you're asking about)
/disable_status





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September 07, 2017, 05:49:02 PM
 #13556

Is there anyone updated the wallet? I am not sure if I should backup the whole wallet first before update Huh

I did update my wallet with no issues
You should always take a backup before applying an update on the wallet

Always backup.
Prior to an update, after an update, and
before and after blackbyte payments.

Like I said before, no one has complained about having too many backups.  People always complain when they didn't have a backup they needed.

Got my 10% 18 hours ago. Thanks for the airdrop!
were blackbytes distributed already?

I am yet to receive GBB as well. These usually take a little while longer to distribute.

Like Tony said less than a day ago....
Distribution of bytes is finished.
Total distributed: 57,444.473272169 GB.  It's about $19m at the current rate.
New available supply: 583,896.4940036 GB.  Coinmarketcap is already updated.

I'll update when blackbytes are distributed, it is going to take about 3 days.

3 - 1 = approximately 2 days.   (Maths)


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September 07, 2017, 05:53:19 PM
 #13557

Got my shares of GBYTE and GBBYTE! Looking forward to November. I don't think we will see this price again  Wink

Thanks tonych and everybody who's contributing here

I am not interested in preserving the status quo; I want to overthrow it. Niccolò Machiavelli
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September 07, 2017, 07:07:13 PM
 #13558

Why doesn't ETH holders dump it and buy Byteball?
Byteball is moving away from dropping based on Coin (bitcoin or altcoin) holdings.  It's moved to benefit people that actually have Byteball.

Most don't know about it.  Here's 2 ideas: 1) send an ERC20 token to everybody who holds 1+ ETH, allow them to exchange it for bytes using the transition bot (give people a taste, like a 1-3% airdrop, like the OmiseGo airdrop, but less than Byteball was dropping first half of 2017), or 2) just have them sign a message with ETH address proving balance, but this kinda encourages people to not talk about it, but its better than nothing cuz it would at least get people do try out the Byteball wallet.

To all Holders: tell people about Byteball: give them 100,000 bytes and 210000 blackbytes if they install the wallet (make a backup after sending blackbytes)), chat with them, and spread the word. Byteball's potential is huge, all it needs now to grow is more users.

Then airdrop on Steem holders.. Steem is almost in the top 1000 websites now.. its blockchain is used more than Bitcoin&Ethereum combined.. or somehow give crypto twitter people a financial incentive to pump it.. like, they give out a referral link, and if you link your ETH or STEEM they get a tiny percentage.  Byteball hasn't really hit twitter yet.. you wanna see a pump? get people like notsofast, cryptoCobain, loomdart, alistairmilne, WhalePanda, Max Keiser to tweet about it.  Market cap would double in a few days.  Although I do expect most of those guys to pump it anyway once the distribution is over.  Right now people have some incentive to not talk about Byteball so they can get more distributions of bytes.

Byteball is moving away from dropping based on Coin (bitcoin or altcoin) holdings.  It's moved to benefit people that actually have Byteball.
And that is really a great step! I am holding Byteball since many months, good that this will be more rewarded than holding another coin.
It would be great if they change the distribution model to benefit the Long-Term Holder, maybe 10% for Coins holding longer than a month, that will decrease the dump every time.

There is some benefit to that, but maybe more benefit if a lot more people know about Byteball and use it.  Maybe do airdrops on people who are sportsbetting or gambling (same idea as the 10% airdrop on purchases, but do it for bets).
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September 07, 2017, 08:04:21 PM
 #13559

Anyone who still thinks IOTA is serious project should read this first.

https://medium.com/@neha/cryptographic-vulnerabilities-in-iota-9a6a9ddc4367

Byteball relies on Bitcoin cryptography. Only libsecp2561k the good old tried and tested. Enjoy!
star citizen
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September 07, 2017, 08:27:24 PM
 #13560

Did Bittrex renamed Byteball?

The name is now only Bytes. I could swaer it was Byteball luntil recently. The name Byteball isn't even mentioned anywhere.

Did something happend?

Interesting... That's probably because of something we have been discussing months ago.
I think it's important for people to know that byte is the real name of the currency being traded right now, whereas Byteball is the name of the entire platform. As explained by @kaicrypzen in the speculation thread:
How many Bytes equal to one Byteball I'm so confused as to how to count this coin. And blackbytes? how do they work and are they the same currency as byteball? Thanks, guys!

There is no such thing as one Byteball ...
Byteball refers to the whole technologie/DAG/app/software. Byteball comes with two built-in assets/currencies, bytes and blackbytes. What you can find traded on exchanges is GBYTE which is GigaByte which is 1 000 000 000 byte.
Blackbyte is a private untraceable asset.

Thanks btw.

They renamed on my request because people keep calling the currency byteball.
To reiterate: Byteball is the platform, Byte (and derived names Gigabyte, Megabyte, etc) is the main currency.
That's a good move. I hope more exchanges do the same.

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