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Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 1057. (Read 1234271 times)

sr. member
Activity: 269
Merit: 250
Is there a participation instruction?
hero member
Activity: 1344
Merit: 656
what's the basket mechanism ...?

From https://bitcointalksearch.org/topic/m.16569906:

The 2nd and subsequent rounds are slightly different.  You show both your BTC balances (as before) and your balance in bytes.  You have a sort of basket that consists of a mixture of BTC and bytes.  To determine the weight of the basket, every 62.5 MB are counted as 1 BTC.  For example, if you have 125 MB and 3 BTC, the weight is 2+3=5 BTC.  The distribution of new bytes on the 2nd and subsequent stages is proportional to the weight of your basket.

The ratio 62.5 MB per 1 BTC is chosen so that the total money supply of bytes (1015) and the total number of BTC in circulation (16,000,000) are equivalent.

So If you participated in a previous round of distribution, bytes you got will also count for the next distribution. As stated, every 62.5 Megabytes will count as 1 BTC.

also after link, when can we get the first real byteball? and what's the timeline to distribute the left byte all?

You'll probably get your bytes as soon as possible after the snapshot of December 25. Check the post I linked above for info about the distribution.

thank you

You are welcome.
hero member
Activity: 952
Merit: 501
also after link, when can we get the first real byteball? and what's the timeline to distribute the left byte all?
hero member
Activity: 952
Merit: 501
what's the basket mechanism ...?

thank you
hero member
Activity: 868
Merit: 1003
Total linked amount: 481.9111768 TBTC.
Transition rate is 0.0048191117683 TBTC per Gigabyte.

If I'm calcutating well, there is 10% TBB released (the same  is planned at 25-12 for BB), probably there is no time to organize another snaphots for TBB, am I right?

Yes your calculations are right. About the transition bot, tonych said:

I'm still syncing the bitcoin blockchain (now at 90%) and plan to launch the linking campaign tomorrow, this is the day when the transition bot will start working.

So it seems the next time the transtion bot is up will be for the linking of BTC addresses. I assume there might be other rounds of TBB distribution before each round of BB distribution to test the basket mechanism ...

You are right, the next testnet distribution will be prior to the second round, sometime in January.

Bitcoind is now fully synced, transition bot is up and running (on a new address), and I'm preparing to release the wallets.

nice, looking forward to the livenet wallet and prepare my bitcoin wallet also Smiley
legendary
Activity: 965
Merit: 1033
Total linked amount: 481.9111768 TBTC.
Transition rate is 0.0048191117683 TBTC per Gigabyte.

If I'm calcutating well, there is 10% TBB released (the same  is planned at 25-12 for BB), probably there is no time to organize another snaphots for TBB, am I right?

Yes your calculations are right. About the transition bot, tonych said:

I'm still syncing the bitcoin blockchain (now at 90%) and plan to launch the linking campaign tomorrow, this is the day when the transition bot will start working.

So it seems the next time the transtion bot is up will be for the linking of BTC addresses. I assume there might be other rounds of TBB distribution before each round of BB distribution to test the basket mechanism ...

You are right, the next testnet distribution will be prior to the second round, sometime in January.

Bitcoind is now fully synced, transition bot is up and running (on a new address), and I'm preparing to release the wallets.
member
Activity: 112
Merit: 10
When mainet goes live? I thought eraly december....
full member
Activity: 210
Merit: 100
True Flip ICO: 28 of June 2017
When will the mainnet be there ?

Dev said possibly some time next week... anyway the distribution snapshot will be Dec 25, so in any case we should get enough time to link the bitcoin wallets.

You are right. There is plenty of time for new users to get in and try out Byteball. I hope that the testnet will run fine without any issues. Wishing the team the very best!
hero member
Activity: 1344
Merit: 656
Total linked amount: 481.9111768 TBTC.
Transition rate is 0.0048191117683 TBTC per Gigabyte.

If I'm calcutating well, there is 10% TBB released (the same  is planned at 25-12 for BB), probably there is no time to organize another snaphots for TBB, am I right?

Yes your calculations are right. About the transition bot, tonych said:

I'm still syncing the bitcoin blockchain (now at 90%) and plan to launch the linking campaign tomorrow, this is the day when the transition bot will start working.

So it seems the next time the transtion bot is up will be for the linking of BTC addresses. I assume there might be other rounds of TBB distribution before each round of BB distribution to test the basket mechanism ...
full member
Activity: 130
Merit: 100

A couple of addresses made movements after the snapshot block.  The balances above are balances in the snapshot block.

Total linked amount: 481.9111768 TBTC.
Transition rate is 0.0048191117683 TBTC per Gigabyte.

The network will start in a few hours.
If I'm calcutating well, there is 10% TBB released (the same  is planned at 25-12 for BB), probably there is no time to organize another snaphots for TBB, am I right?
hero member
Activity: 481
Merit: 500
Woking as a binman sucks.
@tonych

Hi tonych, i want know if snapshot will start 25th exactelly for all claimer ? because i already lost money with ardor to distrib snaphot..i doesnt want lose more money if btc dump during BB claiming..so do you plan to delay for snapshot ?

Yes, the snapshot is exactly in the first block of December 25th for all claimers.

Oh wow. I totally had it confused with i dont even know what. My mind seems to be playing tricks on me. I'll be ready on  Christmaseve for this one.
legendary
Activity: 965
Merit: 1033
@tonych

Hi tonych, i want know if snapshot will start 25th exactelly for all claimer ? because i already lost money with ardor to distrib snaphot..i doesnt want lose more money if btc dump during BB claiming..so do you plan to delay for snapshot ?

Yes, the snapshot is exactly in the first block of December 25th for all claimers.

So you will publish the block number right? Hope I will get my BTCs in one address soon, just need to do a bunch self-transfers, but it is a bit annoying to find out on each address in my wallet how much they have etc.

Yes I'll publish the exact block number on Dec 25 after it is deep enough in the blockchain (to exclude the slightest chance of reorg).
legendary
Activity: 965
Merit: 1033
Can anyone send link to transiction bot?

I'm still syncing the bitcoin blockchain (now at 90%) and plan to launch the linking campaign tomorrow, this is the day when the transition bot will start working.
hero member
Activity: 868
Merit: 1003
@tonych

Hi tonych, i want know if snapshot will start 25th exactelly for all claimer ? because i already lost money with ardor to distrib snaphot..i doesnt want lose more money if btc dump during BB claiming..so do you plan to delay for snapshot ?

Yes, the snapshot is exactly in the first block of December 25th for all claimers.

So you will publish the block number right? Hope I will get my BTCs in one address soon, just need to do a bunch self-transfers, but it is a bit annoying to find out on each address in my wallet how much they have etc.
legendary
Activity: 965
Merit: 1033
@tonych

Hi tonych, i want know if snapshot will start 25th exactelly for all claimer ? because i already lost money with ardor to distrib snaphot..i doesnt want lose more money if btc dump during BB claiming..so do you plan to delay for snapshot ?

Yes, the snapshot is exactly in the first block of December 25th for all claimers.
legendary
Activity: 2002
Merit: 1113
@tonych

Hi tonych, i want know if snapshot will start 25th exactelly for all claimer ? because i already lost money with ardor to distrib snaphot..i doesnt want lose more money if btc dump during BB claiming..so do you plan to delay for snapshot ?
hero member
Activity: 1150
Merit: 502
where is the Transition Bot? had it been deleted from the official website?

thank you very much.

Finally, you can experience the pre-distribution linking of Byteball and Bitcoin addresses.

We are launching a new testnet, and you'll be able to get a portion of its distribution in proportion to your balance in Bitcoin testnet.
......

The Transition Bot was tasked with helping you link your Bitcoin testnet and Byteball testnet addresses.  Now that the new testnet is launched, this mission is complete, and the bot needs some rest.  But he'll be back when we start linking addresses for the upcoming livenet distribution.  You'll see the bot again very soon.

First time Im hearing about transition bot and its amazing. The idea is worth the Nobel prize. Who in burning hell coded that bot? Is it open source?
hero member
Activity: 518
Merit: 500
Can anyone send link to transiction bot?
hero member
Activity: 481
Merit: 500
Woking as a binman sucks.
Today i must send btc to adres create bot or 25 december?

From what i understand you can do it anytime up until december 25th.
legendary
Activity: 965
Merit: 1033
I've run bytebal-headless, what can I do next with it?
How to
-check if it is working at all.
-check balance
-get new address
-check incomming transactions
Anybody can show examples using curl from command line?  
How to stop it, if it is working in background?

It is mostly managed by chat, see the documentation at https://github.com/byteball/headless-byteball.
To stop it, like any other unix daemon, say "ps x" on the command line to learn its pid, then "kill ".
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