Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 1020. (Read 1234328 times)

Cryptox.pl is going to add new market GBYTE/BTC (Giga Byteball), start is planned on 2016-12-27 0:00.
All users registered by now will get appropriate sum of Byteball according to their BTC balance at snapshot time.

Newly registered users also can participate in the first round of distribution by depositing BTC's on the stock market, however, will receive  90% of the sum.

Blackbytes, will not be listed on cryptox, users who receive byteball through the stock exchange, will be able to receive blackbytes in similar proportions through contact with [email protected].

I'm having some troubles starting the wallet on kali linux:





This is the last live version (https://github.com/byteball/byteball/releases/download/v0.7.1/byteball-linux64.zip)

As you can see I'm starting with ./Byteball

Should I start it with ./byteball.desktop ? I can see that this last one is a bash shell that calls ./Byteball with the parameter "test", so I dont think I should run this since I want to run in the live net.

It's not the wallet as such, it's the bot. When you click on the link to the bot you authorise external software to run and this is in addition to the wallet itself.

...
Well, it doesn't make any difference what computer you use if your Bitcoin private key has been compromised. Whoever holds the private can spend your Bitcoin.

Unpack the zip and run "Byteball test" (start it from terminal)

Could someone explain the difference of bytes and blackbytes to me, please? Google did not help me.

That's a good question that presents me an opportunity to tell you about another workflow, which is the only workflow possible for blackbytes (the private currency).  When you pay in blackbytes, the private payload is not stored on the public database, rather it is sent directly to the payee.  To deliver it, we need to establish a direct communication link between the payer and the payee.  This is accomplished by pairing their wallets.  

One of the parties (payer or payee) creates an invitation in his wallet by clicking Menu button -> Paired devices -> Add new -> Invite.  Select and send the long code to the other party (if meeting in person, the other party can just scan the QR code).  The other party just clicks the code if it is clickable, or pastes it in his wallet at Menu button -> Paired devices -> Add new -> Accept invitation.  Now they are paired.  Don't paste the code on this forum as it is for one-time use only, it won't work for the second person.  Rather PM it to the intended counterpart.

Once you are paired, start a chat and use "Insert address" button to share your address with the correspondent (this will be a freshly generated address, specifically for this correspondent).  The other party then clicks the received address and sends payment in bytes or in blackbytes, and you immediately receive notification in chat and know who sent the payment.  At this moment, the private payload (if it was payment in blackbytes) is already saved in your wallet, and only you and the payer know about it.

I think I trust the author, that's why I linked my bitcoin address. But to be honest there is no way to know what exactly the bot is doing. I guess it will not be easy for the bot to record all key strokes of my local machine (for example) without being detected by my protection software. Open source is one thing, but that does not guarantee anything about the bot, which come from the website and can be anything.

Everybody who has concerns about downloading unknown software is damn right!

These concerns are valid and you should proceed with due diligence. I recommend to not install any piece of software which you don't trust on your work pc. Install it on an unused computer instead or use a virtual machine (virtual box from oracle is free), then your safe. A check for viruses with virustotal.com is also a good idea.

The Byteball wallet is open source software, so it's integrity can be proven quite simply. The wallet will gain trust over time. The more users download and run this wallet without issues, the more trust it will gain. It must be several hundreds now, a lot of legendary btt members among them, who know the usual altcoin scam. And the real identity of the developer is known and we've already seen his face in a video. IMHO we're pretty safe with this software!

I don't see how they could do that ...



A bit less, linking is possible till 23:59:59 UTC of December the 24^th. That is 1 day and 9 hours from now.

I guess I'm kinda of a noob here, but Im getting really frustrated trying to link my funds.

Im using multibit as my wallet.  I sent the required amount to the address to link, I have 1 btc and sent the 0.00135 to byteballs address. however it says there is 0 in the address I sent it from. So I thought piss, Ill try sending a small amount to the address byteball wants to see my funds in, that seems to have disappeared now.

So I thought well ill try signing a message, but the address Im signing with contains 0 as well!

Is it a mistake using multibit? am i missing something?

Any help would be most appreciated

Hello, I have an amateur question! Will the price of Byteball be ourselves that we will define?