Obyte: Totally new consensus algorithm + private untraceable payments - page 1074.

valley365

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Quote from: ttookk on November 11, 2016, 08:48:07 PM

Quote from: monocolor on November 11, 2016, 07:53:37 PM

This seems a very interesting coin... the only part I don't like that much is the witness. Witness can go bad or be hacked, and 12 seems vulnerable

I don't follow this project very clsely, so there probably already is an answer, but I' gonna ask anyway:

Why 12 witnesses exactly? How is this nuber determined? What would happen, or what would you suspect to happen, if you had, say, 120 witnesses?

saw this is discussed in white paper. The number should not be too small to prevent fraud, yet can't be too big as it will be managed by each user.

ttookk

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Activity: 994

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Quote from: monocolor on November 11, 2016, 07:53:37 PM

This seems a very interesting coin... the only part I don't like that much is the witness. Witness can go bad or be hacked, and 12 seems vulnerable

I don't follow this project very clsely, so there probably already is an answer, but I' gonna ask anyway:

Why 12 witnesses exactly? How is this nuber determined? What would happen, or what would you suspect to happen, if you had, say, 120 witnesses?

crypto-dude

full member

Activity: 215

Merit: 100

Interesting one with DAG instead of blockchain.

monocolor

hero member

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Own ONION

This seems a very interesting coin... the only part I don't like that much is the witness. Witness can go bad or be hacked, and 12 seems vulnerable

valley365

hero member

Activity: 868

Merit: 1003

Quote from: tonych on November 11, 2016, 04:26:23 AM

Quote from: valley365 on November 11, 2016, 04:15:49 AM

It took me 12+ hours to sync the wallet... given that this is only testnet now, I think it will have serious performance issue later on, when we go alive.

We are currently working on improving sync speed.

Quote from: valley365 on November 11, 2016, 04:15:49 AM

Also, when link BTC address, my BTC wallet has several addresses, do I need to link all of them? or do I have to transfer BTC to one single address in my wallet?

Both options are available https://bitcointalksearch.org/topic/m.16837694

OK great, will follow it

dreamhouse

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Quote from: tonych on November 11, 2016, 05:08:06 PM

We started our slack channel http://slack.byteball.org/.
Everyone is invited to join.

nice to have a slack group

CryptKeeper

legendary

Activity: 2044

Merit: 1055

Quote from: tonych on November 11, 2016, 05:08:06 PM

We started our slack channel http://slack.byteball.org/.
Everyone is invited to join.

Great! Come and join the discussion and get insider news.

Please retweet: https://twitter.com/cryptkeeperbtt/status/797213982444683264

tonych

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Quote from: teletobi on November 11, 2016, 05:01:41 PM

Quote from: Jayjay04 on November 11, 2016, 02:38:31 PM

Quote from: teletobi on November 10, 2016, 06:21:37 PM

Quote from: Jayjay04 on November 10, 2016, 06:08:57 PM

What happens if you send bitcoins from an exchange ?

For verifying your Address? Huh

Yes ?!

Hmm first I thought that's stupid. But when I think about it... It depends on the Exchange's wallet System. But maybe you could link their wallet to your Account.

tonych?

If an exchange reuses the same address as its hot wallet, you could try. But you will not be alone.

teletobi

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Activity: 734

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Quote from: teletobi on November 11, 2016, 05:01:41 PM

Quote from: Jayjay04 on November 11, 2016, 02:38:31 PM

Quote from: teletobi on November 10, 2016, 06:21:37 PM

Quote from: Jayjay04 on November 10, 2016, 06:08:57 PM

What happens if you send bitcoins from an exchange ?

For verifying your Address? Huh

Yes ?!

Hmm first I thought that's stupid. But when I think about it... It depends on the Exchange's wallet System. But maybe you could link their wallet to your Account.

Haha, no, makes no sense. After sending your Transaction the Address is used and empty. So only Thing you do, is linking an empty Address.

tonych

legendary

Activity: 965

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We started our slack channel http://slack.byteball.org/.
Everyone is invited to join.

teletobi

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Activity: 734

Merit: 500

Quote from: Jayjay04 on November 11, 2016, 02:38:31 PM

Quote from: teletobi on November 10, 2016, 06:21:37 PM

Quote from: Jayjay04 on November 10, 2016, 06:08:57 PM

What happens if you send bitcoins from an exchange ?

For verifying your Address? Huh

Yes ?!

Hmm first I thought that's stupid. But when I think about it... It depends on the Exchange's wallet System. But maybe you could link their wallet to your Account.

tonych?

tonych

legendary

Activity: 965

Merit: 1033

Quote from: Dirgantara on November 11, 2016, 02:50:10 PM

Do we got the same portion of Byteball per btc wallet or it depends on how much btc in our wallet?

The more btc you have, the more bytes you'll get.

Dirgantara

hero member

Activity: 588

Merit: 500

Do we got the same portion of Byteball per btc wallet or it depends on how much btc in our wallet?

tonych

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Quote from: dreamhouse on November 11, 2016, 01:32:31 PM

But this could be a problem, that I need to have two separate assets, one for public tx only, another for private tx only. usually people want to do private tx only for some transactions.

You'll receive both bytes and blackbytes in the distribution, so both currencies will be quite wide spread.

Quote from: dreamhouse on November 11, 2016, 01:32:31 PM

So if I understand it correctly, that these are for 3rd party assets transactions, that I can use bytes/blackbytes as the "gas" for their transactions (public or private), but I can't for bytes itself when I consider it as an asset?

Bytes are "gas" for all transactions, including those that move only bytes. Blackbytes are not "gas", it's just a regular asset.

Jayjay04

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Quote from: teletobi on November 10, 2016, 06:21:37 PM

Quote from: Jayjay04 on November 10, 2016, 06:08:57 PM

What happens if you send bitcoins from an exchange ?

For verifying your Address? Huh

Yes ?!

dreamhouse

hero member

Activity: 1073

Merit: 666

Quote from: tonych on November 11, 2016, 04:30:25 AM

Quote from: dreamhouse on November 10, 2016, 11:46:57 PM

A question: this system requires 12 witness, the 12 is randomly chosen right? I can be 120 if needed?

It is one of protocol constants https://github.com/byteball/byteballcore/blob/master/constants.js.
You can choose another number but that'll be another network.

ok thanks for clarifying.

Quote from: tonych on November 11, 2016, 04:38:11 AM

Quote from: dreamhouse on November 11, 2016, 01:46:57 AM

Quote from: Krypt on November 11, 2016, 01:08:09 AM

Quote from: dreamhouse on November 10, 2016, 11:46:57 PM

what's the diff between blackbytes and bytes?

Please read this: https://bitcointalksearch.org/topic/m.16217906

Why we use two set of currency, why not use one and when the user send fund around he can choose if he wants the transaction be private or not?

If it were allowed, a single user who wants to remove privacy would also reveal all previous owners of the coin.

But this could be a problem, that I need to have two separate assets, one for public tx only, another for private tx only. usually people want to do private tx only for some transactions.

So if I understand it correctly, that these are for 3rd party assets transactions, that I can use bytes/blackbytes as the "gas" for their transactions (public or private), but I can't for bytes itself when I consider it as an asset?

CryptKeeper

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Merit: 1055

Quote from: lerecidiviste on November 11, 2016, 01:01:13 PM

Quote from: jenea4pda on November 11, 2016, 12:16:48 PM

where i can take testnet Bitcoins?
thanks

hello

wallet===

http://testnetwallet.com/wallet

recieve fake BTC fake testnet btc

https://testnet.coinfaucet.eu/en/

gd luck

Grin

An online wallet for bitcoin testnet? Shocked

How cool is that? Grin

Thanks for sharing mate!

Another option for android users is the mycelium testnet app:
https://play.google.com/store/apps/details?id=com.mycelium.testnetwallet

lerecidiviste

newbie

Activity: 40

Merit: 0

Quote from: jenea4pda on November 11, 2016, 12:16:48 PM

where i can take testnet Bitcoins?
thanks

hello

wallet===

http://testnetwallet.com/wallet

recieve fake BTC fake testnet btc

https://testnet.coinfaucet.eu/en/

gd luck

Grin

bitcoinsforall

hero member

Activity: 714

Merit: 503

Hi,

Do we have any bounties available?

signature campaign/Facebook?

I will like to do an Indian Translation if not reserved

jenea4pda

sr. member

Activity: 382

Merit: 250

Iota and JINN

where i can take testnet Bitcoins?
thanks

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