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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1233953 times)
pumz
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September 10, 2017, 09:13:36 AM
 #13581

A large portion of my byteballs is from free distribution whereas some I also bought to increase the total numbers of coins. It isn't hard to realize that with coming stuff and features constantly future is very bright. I don't measure potential of any project just because of its market valuation. There are lot of manipulation in every single market so hodling is best policy.
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metalbean
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September 10, 2017, 11:11:18 AM
 #13582

Hey guys, did I get my math right?

You get
- 0.00625 GB for each BTC you link, that's 1.7USD for 4000USD.

And extras if you already have bytes you get 10% more (out of your existing bytes), and another 20% of blackbytes.
- For the bytes you hold on September 6 you receive 0.1 new byte for each 1 byte of your balance
- You also receive 0.21111 blackbytes for each 1 byte

So the ROI is maybe 0.05% per month (0.0425 if you don't count the extras) these days.

The ROI earlier this year was 10x more as you could get 0.5% per month, 0.0625GB per BTC. [1]

[1] if you assume the USD price for byteball and bitcoins were the same as today, at least the difference were the same between the two coins
samer123
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September 10, 2017, 11:12:46 AM
Last edit: September 10, 2017, 11:27:25 AM by samer123
 #13583

time to think
European Central Bank
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September 10, 2017, 11:45:43 AM
 #13584

time to think

that's not great but all volumes for all coins are way, way down compared to where they were a few days ago.

byteball needs to transition from excitement about the airdrops to excitement about the developments. it's well on its way to doing that.
jukKas
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September 10, 2017, 12:05:16 PM
 #13585

Hi!
I have a question about distribution. If I have bytes in multiple wallets, do I have link all of them to participate drop or are they automatically in?
I know there's no way to distribute blackbytes in automaticly since they are untraceable, so they have to be in linked address to be able to get drops. But is there a way to link multible byteball addresses with transition bot?

Thank you in advance!

Bitcoin
Freefactomizer
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September 10, 2017, 02:04:57 PM
 #13586

Hi!
I have a question about distribution. If I have bytes in multiple wallets, do I have link all of them to participate drop or are they automatically in?
I know there's no way to distribute blackbytes in automaticly since they are untraceable, so they have to be in linked address to be able to get drops. But is there a way to link multible byteball addresses with transition bot?

Thank you in advance!

You can link as many byteball addresses as you want.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
DTF
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September 10, 2017, 02:46:58 PM
 #13587

Can somebody please explain how to get free test bytes to start playing around?
neurotypical
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September 10, 2017, 02:55:55 PM
 #13588

Can somebody explain to me the current distribution situation?

This was my first Byteball airdrop ever. I linked all of my BTC, it's 5 figures (in dollars) worth of BTC that I linked. I was excited to receive a nice amount for that. But what do I get? Not even $50 bucks worth of Byteball. Are you kidding me? This is it?

What the hell happened? I was expecting much more than that. At what are are further byteballs being distributed then? it will take forever if such small amounts get spread around. Aren't people that get in earlier supposed to benefit more?

I did read that they changed the model for this term and from now on the people that hold Byteball will get much more than the people that link their BTC accounts. Well, doesn't that make the people that linked their BTC already (and got a lot of GBYTE on the past distribution periods) increasingly rich? they are going to get so much GBYTE because they are already holding a ton. Like I said im ok with earlier people getting a bigger reward but it seems unbalanced, right now we are still early and we got so little with this term that it was a bit depressing to see not even 50 bucks worth of GBYTE after I spent an entire day linking all of my BTC addresses worth a lot more..

Welfare just isn't what it used to be, amirite?

The bot told you what you were going to get and still you expected more?
Reminds me of the bums on the side of the street asking for loose change.  Give them some and they ask, "Got anymore?"

People begging sucks.  If you wanted to get more GB, then you should have bought some as you would have gotten a 10% bonus.  So, either believe in the program and work it right stop complaining when you didn't win the lottery for simply showing up.  Everything was determined a month ago.  Don't act surprised when you got exactly what was expected.

I'm sorry you spent the 'entire day linking addresses' when you could have in one swoop have moved your BTC to a single address or even better.... just simply bought some GB.
You labor efforts are the same as those people spending hours to fill in surveys to get $1.

BTC holders received a lot of money to simply dump.  This has now changed AND no distro next month.  Price will be stable now.
(Of course those dumpers having seen the value drop so much, might now buy back in at these much cheaper prices).


Im complaining because I expected more, I can complain if I want. It was disappointment to link 5 figures worth of BTC and get like 20 bucks.

At what are will one get gbyte now for X amount of gbyte hold? because i heard that that was the goal now, to incentivize holders, well, at least I got 20 bucks, but the ones that did not dump and got into the early rounds are going to be making a ton of money every month with the increased rates I predict.

I'm sorry you spent the 'entire day linking addresses' when you could have in one swoop have moved your BTC to a single address or even better.... just simply bought some GB.
You labor efforts are the same as those people spending hours to fill in surveys to get $1.

Well, if you have been here long enough to be a Legendary member, you should know that linking your entire BTC wallet into a single address is a big mistake when it comes to your privacy.
matt4054
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September 10, 2017, 03:40:53 PM
 #13589

Welfare just isn't what it used to be, amirite?

The bot told you what you were going to get and still you expected more?
...

Im complaining because I expected more, I can complain if I want. It was disappointment to link 5 figures worth of BTC and get like 20 bucks.

You can complain if you want, but Michail1 is right: the bot told you exactly how much to expect, so your expectations were incorrect.

At what are will one get gbyte now for X amount of gbyte hold?

Sorry I didn't quite get that


because i heard that that was the goal now, to incentivize holders

Yes, as in Byteball holders, versus Bitcoin holders.

And the first goal is to incentivize merchants, not holders.

well, at least I got 20 bucks, but the ones that did not dump [...]

So that's the idea right, claim free money, instadump it and whine when the golden goose turns the tap?

and got into the early rounds are going to be making a ton of money every month with the increased rates I predict.

So what the hell are you complaining about anyway?
garytheasshole
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September 10, 2017, 03:43:13 PM
 #13590

So what the hell are you complaining about anyway?

Complains about getting less and less FREE money each month?

Give a man a fish, he'll eat for a day, give him fish everyday he'll eat you alive.

bones261
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September 10, 2017, 03:54:08 PM
 #13591

Well, I decided to move my BTC to segwit addresses. Hope the dev can start to allow for these addresses to be included in the airdrop by November. Otherwise, I will HODL the free bytes and blackbytes that I got so far. Hope the new market plan takes off.
Wekkel
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September 10, 2017, 04:32:03 PM
 #13592

Can somebody please explain how to get free test bytes to start playing around?

Post your address: I will send you some.

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September 10, 2017, 04:42:39 PM
 #13593

Can somebody please explain how to get free test bytes to start playing around?

Post your address: I will send you some.

My address
NHH2G675VLQEPVEUK7S5KXSNTZ4HYWOX
jukKas
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September 10, 2017, 06:47:54 PM
 #13594

Hi!
I have a question about distribution. If I have bytes in multiple wallets, do I have link all of them to participate drop or are they automatically in?
I know there's no way to distribute blackbytes in automaticly since they are untraceable, so they have to be in linked address to be able to get drops. But is there a way to link multible byteball addresses with transition bot?

Thank you in advance!

You can link as many byteball addresses as you want.

Ok, so I just tell my new Byteball address to the transition bot and when it asks my Bitcoin address, I just use my already linked bitcoin address and sign new message? So it won't overwrite my old Byteball address?

Thanks!

Bitcoin
megashira1
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September 10, 2017, 08:51:02 PM
 #13595

most likely, taking into account that the counts have been reduced from 20 to 10 percent and it will not be in the next month, only ideological people hold a coin)

Reduction from 20% to 10% doesn't change anything. The greater the inflation, the greater the reduction in the value of the coin. In theory, nothing has changed except BTC holders get proportionality way less coins to dump in the future. Add in that infrastructure is being grown out, now has never been a better time to hold GBYTEs.



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September 10, 2017, 08:52:03 PM
 #13596


Annoucing the release of the beta version of the first wordpress byteball for Woocommerce plugin, which completely handles  (among other things) the sales notifications to the cashback api (just enter your partner name and key on the plugin settings page).

Byteball for Woocommerce plugin main features:

 - powered by byteball-for-merchants payment gateway,
 - fully integrates Byteball cashback program,
 - multi-currency (Bytes, BTC, EUR, USD),
 - anonymous : no api key needed,
 - extremely simplified setup,
 - includes a Woocommerce integrated optional debugging tool,
 - other Woocommerce gateways compliant.

https://github.com/ByteFan/Byteball-for-Woocommerce

Don't hesitate to download and try it on your wordpress woocommerce site !

Feedbacks welcome !


Nice job! I like!

Good stuff indeed! Byteball infrastructure is slowly but surely getting bigger. Don't pay attention to the price, instead pay attention to the number of new developments surrounding Byteball.

greenhope
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September 10, 2017, 09:17:41 PM
 #13597

Moving the wallet to another system.
Which files and folders should I backup?
Running newest version.
Thanks.
hxtxlcb
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September 11, 2017, 01:19:59 AM
 #13598


Annoucing the release of the beta version of the first wordpress byteball for Woocommerce plugin, which completely handles  (among other things) the sales notifications to the cashback api (just enter your partner name and key on the plugin settings page).

Byteball for Woocommerce plugin main features:

 - powered by byteball-for-merchants payment gateway,
 - fully integrates Byteball cashback program,
 - multi-currency (Bytes, BTC, EUR, USD),
 - anonymous : no api key needed,
 - extremely simplified setup,
 - includes a Woocommerce integrated optional debugging tool,
 - other Woocommerce gateways compliant.

https://github.com/ByteFan/Byteball-for-Woocommerce

Don't hesitate to download and try it on your wordpress woocommerce site !

Feedbacks welcome !


It's Gereat。Getting through the passage of money and ByteBall is a great job
connexus
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September 11, 2017, 01:45:39 AM
 #13599

Moving the wallet to another system.
Which files and folders should I backup?
Running newest version.
Thanks.

If you're using windows operating system. Go to C: > Users > *Your Computer Name* > AppData > Local

Copy/backup the entire byteball directory and put it at the same location.
bcmine
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September 11, 2017, 03:15:15 AM
 #13600


Annoucing the release of the beta version of the first wordpress byteball for Woocommerce plugin, which completely handles  (among other things) the sales notifications to the cashback api (just enter your partner name and key on the plugin settings page).

Byteball for Woocommerce plugin main features:

 - powered by byteball-for-merchants payment gateway,
 - fully integrates Byteball cashback program,
 - multi-currency (Bytes, BTC, EUR, USD),
 - anonymous : no api key needed,
 - extremely simplified setup,
 - includes a Woocommerce integrated optional debugging tool,
 - other Woocommerce gateways compliant.

https://github.com/ByteFan/Byteball-for-Woocommerce

Don't hesitate to download and try it on your wordpress woocommerce site !

Feedbacks welcome !

nice job! good contribution to the byteball ecosystem



Is there any solution in work to crack the 5 tps barriere? Offchain channels? Or sharding?
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