Topic: [ANN][AirDrop] Bytether, The New Bitcoin, - 1:1 Cross-Fork of Bitcoin onto Ether (Read 5472 times)

yep, read the thread. the project folded weeks ago.

https://www.bytether.com/ is down ?

How to join airdrop?

No need to follow this thread.

Basically, it's a failed project.  A form of scam to deanonymize your coins.

No need to worry about it.  The project failed before it even got off the ground.

interesting, thank you! yes, I understand it wasn't my ether, all I sent was (barely) enough for the gas to mine the transaction.

You got it, not that it'll do you much good.

https://etherscan.io/token/0xfad572db566e5234ac9fc3d570c4edc0050eaa92?a=0xbc77d133cEdc53814e2B183903dC32bc3B077c02

Can someone explain to me why I didn't got my BTH?
Iv'e registered with this address:
0xbc77d133cedc53814e2b183903dc32bc3b077c02

I think they're gone for good. 


No, if you see on the left where it says "Make sure BTH is ...", the BTH is clickable and gives you information about the token.    This is Bytether: https://etherdelta.com/#BTHE-ETH

That was Bytether paying Oracalize for the lookup to their website.  However, it was Bythether's ether, not yours. 

I assume you mean BTH, Bytether, not BCH, Bitcoin Cash.

and my answer is "not necessarily". there are at least two other tokens, Bether and Beth, that use BTH as their symbol.

they redirected their website to google.com. and I'd say no, there's very little chance this will be fixed, ever.

it this BCH? https://etherdelta.com/#BTH-ETH

I can't access Bytether's website safely.
Is anybody else getting the warning that the connection isn't private? Any chance this will be fixed soon?

Here's the error message:

Your connection is not private
Attackers might be trying to steal your information from www.bytether.com (for example, passwords, messages, or credit cards). Learn more
NET::ERR_CERT_COMMON_NAME_INVALID

 

I wasted more money and a lot more time claiming.

Looks like it was simply a scam to deanonymize wallets.   Kind of like United Bitcoin is where they keep claiming you get something, but turns out you have to keep giving up more and more information.  With Bytether, as least you get/got something that is worthless and stuck in the wallet.

Looks like it's simply a failure before it even started.  Better luck even with B2X.

thanks for your analysis. I guess mine got mined while the website was down, hence no Bytether. my buys are https://etherscan.io/tx/0x1203480f075e8b4a5c4f789266e7e004cea2201d26df48e363de8616985c095f and https://etherscan.io/tx/0x3448c2c7dc7bda9d2ee11e778d262b5e8ea5a3cd95fe15e032fd00f955f14e29. both buys sent a trickle (.000305) of Ether to another contract, https://etherscan.io/address/0x3dbdc81a6edc94c720b0b88fb65dbd7e395fdcf6, but I don't see that mentioned anywhere in the contract. any idea what's up with that?

I only lost about 3 bucks and a few hours on this so I'm not gonna cry. just curious as to what really happened.

I wanted to learn a little about Solidity and Ethereum so I had a look at the Bytether contract to see what it was up to.

First thing is that virtually all of the technical differences on the comparison chart in the OP are due to Ethereums's features.  BTH is just specifying the total circulating supply and launch date.  They haven't developed anything technically significant.

They briefly mention a "user growth pool" of 3m BTH.  I don't see them mentioning that there is also a "developer fund" of 1m BTH.    Both of these are created on top of the 17m bitcoin they're intending to crossfork.  There is no attempt to hide any of this in the code, it even has relevant comments.

The contract uses the bytether.com site to get the amount of BTH to be given.  The contract itself makes no attempt to verify this information, it simply trusts the website and also trusts oracalize.it to relay the information.  They claim that they "cannot" assign BTH from the crossfork pool to any accounts, but that is technically incorrect.  As they control the website they can have it reply with any results that they wish.  As I don't see where they list the signatures they have received there would be no way to know if they were assigning themselves BTH for bitcoin addresses that they do not own unless they happened to be caught using an address they couldn't possibly own (note I haven't seen any evidence that they're actually doing this, nor have any reason to believe thay might be).

The fact that the crossfork process relies on the website means that any attempt to crossfork will fail while the website is down (as it currently is).  There are quite a few pending transactions and they will all fail if they get mined while the website is down.

I don't see them mentioning whether they evaluated using a merkle tree of the UTXOs at the time of the crossfork instead of relying on the website.  

The contract contains the ability to freeze accounts.  It also contains the ability to automatically buy/sell BTH, although its BTH balance is 0 and this feature is currently turned off.  Their revertCrossFork function can be used by moderators at any time to remove a crossforked balance from its initial address.  

The ability to crossfork can be turned off in the contract.  They haven't mentioned when of if this will ever be used.  

I just went to the site, hopefully they will be back. I would be surprised if this turns out to be a scam.

That was a scam in my opinion.

They (I think it's been THEM) only wanted to collect some data, so as to merge the addresses that where used to claim the tokens and thus have a confirmed trail in the blockchain research database. Combining the results of in- and outputs of these addresses leads to the person who holds the funds, if there is a connection to fiat at some point of the trail.

I was dumb enough to hand it over to THEM.

They haven't responded in nearly a week now.

Their website is now taken down as well.

the contract is on the Ethereum blockchain, and has its own address like any other recipient. except you don't send it any money, you only send "gas" along to convince miners to mine it.

a tutorial with screenshots is here: https://medium.com/@bytether/how-to-access-your-bth-dfc17e36c51c

I highly recommend installing MetaMask first. MyEtherWallet is confusing AF.