Obyte: Totally new consensus algorithm + private untraceable payments

[kola-schaar]

Today is a big day for blackbytes: now they can be sent to anyone, even if they are not in Byteball yet, no pairing required.

https://medium.com/byteball/private-textcoins-6a2288d80757
..

Great update tony.
Blackbytes are a wonderful and elegant solution for privacy and anonymity.
The solution is lightweight and flexible. Too bad that the adoption is progressing so slowly.
In principle, I would not mind staying under the radar, but the liquidity is so low.
Market capitalization is still ridiculous (currently around 12.3 million).
I hope the regulatory pressure leads to greater use. Anyway - very good work - thanks!

[1714163799]

1714163799

[altcoinb]

Today is a big day for blackbytes: now they can be sent to anyone, even if they are not in Byteball yet, no pairing required.


This is a mandatory update for all full nodes (both GUI and headless).

Yes, very great! Thank you for this nice blackbyte feature
Pairing device is not for everyone and with this textcoin gbb you solved this! nice

[LoyceV]

Today is a big day for blackbytes: now they can be sent to anyone, even if they are not in Byteball yet, no pairing required.

This is huge!
One question though (and I would test it myself, but don't want to upgrade yet): does the "black text coin" include bytes for the receiving party to be able to move the blackbytes to his wallet? If not, there's no use sending it to someone who doesn't use Byteball yet without adding a "normal" text coin.

[jjacob]

Do anyone know that  when distribution rounds will be ended?
I want to know seriously

Which distribution rounds do you mean? If you mean the rounds where you got coins for holding Bytes then this distribution is already over since a couple of months. Currently there are several campaigns for receiving Bytes like inviting friends, crunching tasks by providing processing power, receiving cash back of Bytes for purchases and doing an identification on Byteball dag.

Couple of months back? I think the last distribution was in November 2017, almost 8 months back.
If you are talking about crunching tasks on WCG, that distribution has been paused as well (although that has more to do with WCG's privacy policy than Byteball).

[eerygarden]

Does the reward arrive in one year? Or do we still getting the bytes but with the difference of we can’t withdraw?

[Xantrax]

The smart contract will have the 12 and 20$ in bytes at the time of creation right? So people could benefit if the price goes up in that year

[dautay_crypto]

Today is a big day for blackbytes: now they can be sent to anyone, even if they are not in Byteball yet, no pairing required.

https://medium.com/byteball/private-textcoins-6a2288d80757



This is part of version 2.3 released today https://github.com/byteball/byteball/releases

* Blackbytes and other private assets can now be sent as textcoins.  Private textcoins are files with .coin suffix, they can be sent over email, chat apps, or using a USB stick.  The file contains the mnemonic, which allows to derive the private key, and private payloads together with their entire history, this is exactly the history which is *not* posted to the public DAG.  Double-clicking the .coin file opens the app and starts claiming the textcoin (it can take a while as a long history needs to be validated), the file can be also drag-n-dropped to the app.
* Ability to sign arbitrary message to prove one's address.  The signer doesn't need to have any bytes.  The text to be signed is offered in chat, the signer clicks it and signs.
* Ability to spend unconfirmed funds.  It will be enabled in the validating code at MCI 2909000 but standard wallets will not be able to select unconfirmed coins as inputs until the next update.  Developer projects such as BIoT (which uses payment channels for streaming payments between IoT devices) can immediately take advantage of this update.  It is a breaking change, all full nodes will have to upgrade.
* Extensions of smart contract language. It is a breaking change, all full nodes will have to upgrade.
* Fixes in determining finality of transactions.  It is a breaking change, all full nodes will have to upgrade.
* Fixes in multi-send feature on non-US locale.
* Fixed the display of confirmation message when posting data (data feeds, attestations, etc) from a multi-sig wallet.  Now the message includes the data being posted.
* Multiple small bugfixes

This is a mandatory update for all full nodes (both GUI and headless).

Much great news for Byteball community!
Blackbytes might be used more widenly with this new feature.
In addition, Byteball has also fallen to its low range.
Time to buy and hold!

[tonych]

Send BB by file sounds cool, but lets say I send a payment to two people simultaneously because I'm a cheater.

Will they both be able to import the file with no problems and see it in their balance or only the first one while the other gets an error?

If they can both import it, then as soon as one of them spends it will the other one find out immediately (as soon as the wallet is synced) or only find out later when he tries to spend it too and gets an error?

Of course only the first one will be able to claim the textcoins, the other will get an error when he tries.

[tonych]

Today is a big day for blackbytes: now they can be sent to anyone, even if they are not in Byteball yet, no pairing required.


This is a mandatory update for all full nodes (both GUI and headless).

Great! I thought it would be nice to have your public pgp key published somewhere and sig file for future Byteball releases to ensure our downloads are not compromised by someone else.

I don't use pgp (not user friendly enough for me) and it's not needed, the releases are digitally signed and the signatures are automatically checked by the OS.  Don't expect regular users to mess with pgp.

[tonych]

Today is a big day for blackbytes: now they can be sent to anyone, even if they are not in Byteball yet, no pairing required.

This is huge!
One question though (and I would test it myself, but don't want to upgrade yet): does the "black text coin" include bytes for the receiving party to be able to move the blackbytes to his wallet? If not, there's no use sending it to someone who doesn't use Byteball yet without adding a "normal" text coin.

Yes, it includes just enough bytes to pay for the fees.

[tonych]

I just received a message from Tony Churyumoff and he wrote me that the trustees decided that Louis Thomas and Milan Horváth are winners in the video contest! Congratulations!


Louis Thomas
https://youtu.be/ZlSjFqwcw7U 
Louis Thomas
GBYTE: 5QRFNHCHE4FN3OR5REYDM7BFJP7EPWIU

Milán Horváth
https://youtu.be/93jnbZsudmw
Byteball: MIW7GEZHIFB65MU5PTTMB2POF5ESTM66

In the decription box of both videos are your Byteball address mentioned so you can expect a reward to this address.

Just paid the rewards to the winners out of undistributed funds https://explorer.byteball.org/#RSTlSBtLRFwaoBbiOTqyFrO2684Sj1VmVWBIFGNNIzY=
Thank you everybody who participated in the contest!

[bustedsynx]

So what else is in the running for Blackbytes? So far, Byteball is the only one DAG type coin with a featured privacy token in its platform as far as I know. Privacy is still a big concern and I haven't heard any developments for Blackbytes aside from the recent one.

[galaxiekyl]

Today is a big day for blackbytes: now they can be sent to anyone, even if they are not in Byteball yet, no pairing required.


This is a mandatory update for all full nodes (both GUI and headless).

Great! I thought it would be nice to have your public pgp key published somewhere and sig file for future Byteball releases to ensure our downloads are not compromised by someone else.

I don't use pgp (not user friendly enough for me) and it's not needed, the releases are digitally signed and the signatures are automatically checked by the OS.  Don't expect regular users to mess with pgp.

i dont what is this maj but i lost my GBB after have made this maj..when i check my smart contract in freebe i had just one choice and i submited "share by textcoin" now my GBB are lost ! any out traces in history send transactions..i dont know where has been send my GBB  

my GBB have been thieved

[galaxiekyl]

SOME ONE CAN TELL ME WHERE HAS BEEN SEND MY GBB ??

WHAT THIS SHIT WHY MY GBB HAS BEEN SEND ANY WHERE WHITOUT MY AUTHORIZATION ? WHY I CAN RECOVER THEM ? WHY I ANY OUT HISTORY TRANSACTION IN MY WALLET ?

PLEASE SOME ONE OF GBYTE TEAM CAN RESPOND ME !

[vlom]

SOME ONE CAN TELL ME WHERE HAS BEEN SEND MY GBB ??

WHAT THIS SHIT WHY MY GBB HAS BEEN SEND ANY WHERE WHITOUT MY AUTHORIZATION ? WHY I CAN RECOVER THEM ? WHY I ANY OUT HISTORY TRANSACTION IN MY WALLET ?

PLEASE SOME ONE OF GBYTE TEAM CAN RESPOND ME !

blackbytes can only be restored if you have a full backup.

EDIT: sorry, there is no connection with restoring in you case.

[CryptKeeper]

SOME ONE CAN TELL ME WHERE HAS BEEN SEND MY GBB ??

WHAT THIS SHIT WHY MY GBB HAS BEEN SEND ANY WHERE WHITOUT MY AUTHORIZATION ? WHY I CAN RECOVER THEM ? WHY I ANY OUT HISTORY TRANSACTION IN MY WALLET ?

PLEASE SOME ONE OF GBYTE TEAM CAN RESPOND ME !

Please stay cool, we're just figuring it out on slack.

[giga4less]

I used byteball.fr/bb as my hub and applied the witness list change with MEJGDND55XNON7UU3ZKERJIZMMXJTVCV to replace JEDZYC2HMGDBIDQKG3XSTXUSHMCBK725. On top of that I replaced UENJPVZ7HVHM6QGVGT6MWOJGGRTUTJXQ   with bittrex address QR542JXX7VJ5UJOZDKHTJCXAYWOATID2. Then I found I was not able to post any transactions due to 2 witness changes. Why the nodes are not able to find an earlier unit posted by MEJGDND55XNON7UU3ZKERJIZMMXJTVCV and see that my transaction is actually compatible with that one?

[galaxiekyl]

SOME ONE CAN TELL ME WHERE HAS BEEN SEND MY GBB ??

WHAT THIS SHIT WHY MY GBB HAS BEEN SEND ANY WHERE WHITOUT MY AUTHORIZATION ? WHY I CAN RECOVER THEM ? WHY I ANY OUT HISTORY TRANSACTION IN MY WALLET ?

PLEASE SOME ONE OF GBYTE TEAM CAN RESPOND ME !

resolved thx BB team   

[ByteFan]

I used byteball.fr/bb as my hub and applied the witness list change with MEJGDND55XNON7UU3ZKERJIZMMXJTVCV to replace JEDZYC2HMGDBIDQKG3XSTXUSHMCBK725. On top of that I replaced UENJPVZ7HVHM6QGVGT6MWOJGGRTUTJXQ   with bittrex address QR542JXX7VJ5UJOZDKHTJCXAYWOATID2. Then I found I was not able to post any transactions due to 2 witness changes. Why the nodes are not able to find an earlier unit posted by MEJGDND55XNON7UU3ZKERJIZMMXJTVCV and see that my transaction is actually compatible with that one?

You can not change more than one witness from the default list. Limited freedom. Only one change is allowed for your unit witnesses list compared with any parent on the DAG. Oldest units on the DAG are not to be selected as parents in order to avoid a "flower" pattern and keep the DAG narrow as the time goes.

In other words the built in default witnesses list rules the world (centralization).

[remember10x]

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