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Topic: Obyte: Totally new consensus algorithm + private untraceable payments (Read 1236042 times)

Karartma1

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Merit: 1425

Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

March 30, 2017, 06:11:39 AM

#6261

Ok, fine. From your post I understood that another update was available and I got confused. I went on github and I saw there were no updates.
Maybe just check before posting next time. Wink

ParmaBTC

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Activity: 1218
Merit: 1002

Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

March 30, 2017, 06:33:58 AM

#6262

Quote from: kamiyama on March 29, 2017, 12:47:47 PM

Quote from: unsoindovo on March 29, 2017, 12:45:14 PM

hi all!!!
nice to be here!!!
i read great thing about byteball..
but i don't understand well.. how distibution works...
can soomeone give me a simple example???
next snapshot will be April 11, 2017 - 08:08 AM (CEST), or better 06:08 AM (UTC).
if at this time&date i hold 10BTC in my address... how many byteball [BYTE] i will receive??
and when i will be able to spend it?

thank you all!

The snapshots for the 4th round will be taken on the Full Moon of April, on Apr 11, 2017 at 06:08 UTC. This is what you receive:
BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)

Yes, but you will receive Blackbytes also, 2.11 times byteballs amount. In your case with 10 BTC you will receive 0.625 GB and 1.318 GB.

It takes 24/48 to devs team sending byte/blackbyte-ball. And, yes, when received you can transfer at-a-glance. There are coinexchange or slack-trading solutions

CryptKeeper

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Activity: 2044
Merit: 1055

Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

March 30, 2017, 06:43:24 AM

#6263

Great video from Marc de Mesel again!

He mentions Byteball as "basically the only player out there using the new DAG technology" Shocked

Tweeted about it, please retweet: https://twitter.com/cryptkeeperbtt/status/847333799213977602

Follow me on twitter! I'm a private Bitcoin and altcoin hodler. Giving away crypto for free on my Twitter feed!

TeraBite

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Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

March 30, 2017, 07:01:00 AM

#6264

Quote from: cybterpunk on March 29, 2017, 03:53:15 AM

why can not list byteball at bittrex?

or poloniex?

or some Chinese exchange platform?

this seems one of the most interesting technology this year.

Soon it will be on big exchanges as it has amazing technology so this project will be best of the year. Community is growing very fast that is why soon we will be on top exchanges.

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ParmaBTC

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Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

March 30, 2017, 07:23:31 AM
Last edit: March 30, 2017, 07:38:55 AM by ParmaBTC

#6265

Quote from: TeraBite on March 30, 2017, 07:01:00 AM

Quote from: cybterpunk on March 29, 2017, 03:53:15 AM

why can not list byteball at bittrex?

or poloniex?

or some Chinese exchange platform?

this seems one of the most interesting technology this year.

Soon it will be on big exchanges as it has amazing technology so this project will be best of the year. Community is growing very fast that is why soon we will be on top exchanges.

the most important reason is this: because Premine is 80% in dev's hand, when distribution will almost done, polo and bittrex will list for sure

PokerDiceMan

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Merit: 501

Undeads.com - P2E Runner Game

Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

March 30, 2017, 07:47:25 AM

#6266

Quote from: provenceday on March 28, 2017, 03:07:36 PM

3 projects in 2017:Byteball/Qtum/Elastic (1) Byteball: DAG (2)Qtum:Bitcoin+EVM+POS3.0 (3)Elastic is better than Golem

I think byteball is above qtum coin and qtum project
qtum project is die after problem track record dev team, about elastic project iam not follow project, so iam not understand is good coin and good project or not

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testerx

Hero Member

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Activity: 609
Merit: 500

Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

March 30, 2017, 08:10:42 AM

#6267

Quote from: PokerDiceMan on March 30, 2017, 07:47:25 AM

Quote from: provenceday on March 28, 2017, 03:07:36 PM

3 projects in 2017:Byteball/Qtum/Elastic (1) Byteball: DAG (2)Qtum:Bitcoin+EVM+POS3.0 (3)Elastic is better than Golem

lol qtum is not dead at all the ico sold out entirely. It's just that their stupid slack is over the invite limit due to people not signing up requested invites and the other discussion places are all in Chinese. It's funny because on wechat the people complain that qtum.org is in English.

Qtum will be very interesting if they're really able to enable a much more mobile friendly ethereum. I actually wish I had invested a little bit more in the ico. Byteball is very interesting though and the distribution method means you can get some with no risk.

Karartma1

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Activity: 2310
Merit: 1425

Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

March 30, 2017, 05:57:11 PM

#6268

Quote from: ParmaBTC on March 30, 2017, 07:23:31 AM

Quote from: TeraBite on March 30, 2017, 07:01:00 AM

Quote from: cybterpunk on March 29, 2017, 03:53:15 AM

why can not list byteball at bittrex?

or poloniex?

or some Chinese exchange platform?

this seems one of the most interesting technology this year.

Soon it will be on big exchanges as it has amazing technology so this project will be best of the year. Community is growing very fast that is why soon we will be on top exchanges.

the most important reason is this: because Premine is 80% in dev's hand, when distribution will almost done, polo and bittrex will list for sure

They have done it in the past even for lower premines so I don't get why this couldn't be listed Wink

I also believe that, eventually, exchanges will have to include byteball in their books.

jwinterm

Legendary

Offline

Activity: 3220
Merit: 1119

Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

March 30, 2017, 06:29:50 PM

#6269

Quote from: Karartma1 on March 30, 2017, 05:57:11 PM

Quote from: ParmaBTC on March 30, 2017, 07:23:31 AM

Quote from: TeraBite on March 30, 2017, 07:01:00 AM

Quote from: cybterpunk on March 29, 2017, 03:53:15 AM

why can not list byteball at bittrex?

or poloniex?

or some Chinese exchange platform?

this seems one of the most interesting technology this year.

Soon it will be on big exchanges as it has amazing technology so this project will be best of the year. Community is growing very fast that is why soon we will be on top exchanges.

the most important reason is this: because Premine is 80% in dev's hand, when distribution will almost done, polo and bittrex will list for sure

They have done it in the past even for lower premines so I don't get why this couldn't be listed Wink

I also believe that, eventually, exchanges will have to include byteball in their books.

I think this is a problem too, but, ripple is listed on both polo and trex, and I think Ripple labs still holding 66% of all ripples, so exceptions have been made.

tortellino

Sr. Member

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Activity: 504
Merit: 250

Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

March 30, 2017, 06:49:07 PM

#6270

Trading a lot of ALTs beside holding BTC for the long run. There are only 3 other coins i have and will hold tight, beside up and downs. FCT, XRB (even it hasn´t a long track record) and GBYTE Grin

Maybe Tezos will the fourth, first looking at ICO details.

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elelegzet

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Offline

Activity: 749
Merit: 501

🌟 COMSA ICO: 10/02/17 🌟

Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

March 31, 2017, 02:49:59 PM

#6271

I'm trying to recover from seed and my wallet isn't synced yet. PC full wallet says there no active accounts found and does nothing... Does it mean I have to wait untill it's fully synced (over 12 hours)? My phone just soft bricked and I'd love to factory reset it asap but still want to be sure don't need any data from it (I'm only able to download via adb)

. COMSA
ICO: Oct 2 - Nov 6

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Lernerz

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Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

March 31, 2017, 03:19:49 PM

#6272

Quote from: elelegzet on March 31, 2017, 02:49:59 PM

LifeHack:

1. You must waiting full sync
2. Recovery from seed AFTER that!

Its faster and consist less problems.

greentea

Legendary

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Activity: 1420
Merit: 1002

Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

March 31, 2017, 03:43:26 PM

#6273

Quote from: elelegzet on March 31, 2017, 02:49:59 PM

Dont know if it's just me, but it took over 1 full day to sync the network.

Are other people having these problems?

NEM NanoWallet SuperNodes Apostille Landstead Catapult Mijin
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elelegzet

Hero Member

Offline

Activity: 749
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🌟 COMSA ICO: 10/02/17 🌟

Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

March 31, 2017, 03:44:40 PM

#6274

Does any kind of bootstrap exist?

. COMSA
ICO: Oct 2 - Nov 6

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Lernerz

Sr. Member

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Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

March 31, 2017, 04:33:35 PM

#6275

Quote from: greentea on March 31, 2017, 03:43:26 PM

Quote from: elelegzet on March 31, 2017, 02:49:59 PM

Dont know if it's just me, but it took over 1 full day to sync the network.

Are other people having these problems?

Syncronization very fast with modern multicore 64 bit hardware and without recovery from seed.

Cryptoupp

Full Member

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Activity: 140
Merit: 100

Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

March 31, 2017, 05:47:26 PM

#6276

Hi,

I am quite new in the crypto world, and I am a bit lost with distributions. I am really interested with this project and I would like to buy some coins. But I have some doubts..

On 11th Aprill will be the next snapshot (distribution), it means that the price will drop because there will be more coins?

I have read that with 1 BTC you receive 62.5MB (0.0625GB). What is MB or GB? Are them coins?

Do I need to have a Byteball wallet? Is it easy to install for a non tech guy?

Apologies for all these question that might seem a silly ones. I will appreciate any help..

Thank you!!

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jwinterm

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Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

March 31, 2017, 05:51:32 PM

#6277

Quote from: Cryptoupp on March 31, 2017, 05:47:26 PM

No one knows that price will drop, but that is what happened last two snapshots I think.

Base unit is bytes. MB is one million bytes, GB one billion. So for one BTC you receive 62500000 bytes. You also receive 0.1 bytes for every byte you hold in your linked wallet address. So if you have 100 MB, you will get 10 MB more.

You need the wallet and yes it's easy to install.

GTSWPM60

Newbie

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Activity: 5
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Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

March 31, 2017, 05:51:44 PM

#6278

Quote from: Cryptoupp on March 31, 2017, 05:47:26 PM

MB and GB are memory not coins I hope this helps you so to your question 1 BTC will get you 62.5 Megabytes (MB) of memory or 0.0625 Gigabytes (GB) I hope this helps you out!

greentea

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Merit: 1002

Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

March 31, 2017, 05:54:09 PM

#6279

Quote from: Lernerz on March 31, 2017, 04:33:35 PM

Quote from: greentea on March 31, 2017, 03:43:26 PM

Quote from: elelegzet on March 31, 2017, 02:49:59 PM

Dont know if it's just me, but it took over 1 full day to sync the network.

Are other people having these problems?

Syncronization very fast with modern multicore 64 bit hardware and without recovery from seed.

I have a top of the line mac, don't think its hardware issue ...

Krypt

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Activity: 1559
Merit: 1132

Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

March 31, 2017, 06:15:03 PM

#6280

Quote from: GTSWPM60 on March 31, 2017, 05:51:44 PM

MB and GB are memory not coins ...

No, in Byteball they are coins:

Quote from: tonych on September 05, 2016, 04:00:28 PM

... bytes (the native currency of Byteball)

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