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Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 1076. (Read 1234271 times)

legendary
Activity: 965
Merit: 1033
b.  By signing a message (if your Bitcoin wallet supports this function).  You tell the bot your Bitcoin address and sign your Byteball address with the Bitcoin address.  After you prove one address (a typical Bitcoin wallet has dozens of them), you can either move all your coins to this single proven address or prove all other addresses in the same way -- by signing a message.

Thanks for this option ! <3
Thanks, hope this method will work on mainnet.
What is signing a message?

Use the other option.  Signing a message is for cryptonerds Smiley
hero member
Activity: 1073
Merit: 666

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?
member
Activity: 98
Merit: 10
Is it possible to create several Byteball addresses in one wallet. I think it would be saver to not put all eggs in one basket by linking to only one address. What do you think?
legendary
Activity: 1540
Merit: 1096
hero member
Activity: 1073
Merit: 666
A question: this system requires 12 witness, the 12 is randomly chosen right? I can be 120 if needed?

Also what's the diff between blackbytes and bytes?
hero member
Activity: 734
Merit: 500
What happens if you send bitcoins from an exchange ?

For verifying your Address?  Huh
legendary
Activity: 1364
Merit: 1000
What happens if you send bitcoins from an exchange ?
hero member
Activity: 518
Merit: 500
b.  By signing a message (if your Bitcoin wallet supports this function).  You tell the bot your Bitcoin address and sign your Byteball address with the Bitcoin address.  After you prove one address (a typical Bitcoin wallet has dozens of them), you can either move all your coins to this single proven address or prove all other addresses in the same way -- by signing a message.

Thanks for this option ! <3
Thanks, hope this method will work on mainnet.
What is signing a message?
full member
Activity: 130
Merit: 100
b.  By signing a message (if your Bitcoin wallet supports this function).  You tell the bot your Bitcoin address and sign your Byteball address with the Bitcoin address.  After you prove one address (a typical Bitcoin wallet has dozens of them), you can either move all your coins to this single proven address or prove all other addresses in the same way -- by signing a message.

Thanks for this option ! <3
Thanks, hope this method will work on mainnet.
legendary
Activity: 1619
Merit: 1004
Bitcoiner, Crypto-anarchist and Cypherpunk.
b.  By signing a message (if your Bitcoin wallet supports this function).  You tell the bot your Bitcoin address and sign your Byteball address with the Bitcoin address.  After you prove one address (a typical Bitcoin wallet has dozens of them), you can either move all your coins to this single proven address or prove all other addresses in the same way -- by signing a message.

Thanks for this option ! <3
legendary
Activity: 965
Merit: 1033
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.

0.  Get your Bitcoin testnet wallet ready and funded.

1.  Download and install the wallet for the new Byteball testnet: https://github.com/byteball/byteball/releases
You will have two Byteball wallets - one for the old testnet that you already have, the other for the upcoming new testnet.

2.  Visit https://byteball.org and click the link to chat with the Transition Bot.  The link will open the new wallet and start a chat.  Follow the instructions of the Transition Bot to prove your Bitcoin balance.


You have two options to prove your Bitcoin balance:
a.  By making a micropayment.  The bot will see your address the payment came from, will know that it is your address, and will instruct you to move your Bitcoins to this address.  By making several micropayments, you can link several Bitcoin addresses to the same Byteball address.
b.  By signing a message (if your Bitcoin wallet supports this function).  You tell the bot your Bitcoin address and sign your Byteball address with the Bitcoin address.  After you prove one address (a typical Bitcoin wallet has dozens of them), you can either move all your coins to this single proven address or prove all other addresses in the same way -- by signing a message.

Update: to clarify, if you try to link the same Bitcoin address to multiple Byteball addresses, only the last linking counts.

If you prove by micropayment, remember to check that the Bitcoin address that the bot received the micropayment from, is indeed your address.  An attacker might see your payment on the blockchain and repeat the same micropayment from his address trying to trick you to move your funds to him.

3.  After linking, there is no use of the new wallet before the distribution, just keep it installed (backup if necessary).  It will receive the bytes on the distribution day.  If you make any Bitcoin payment, your coins will most likely be moved to a new change address.  Chat with the bot again, see the balance on your linked address(es) and move the coins back to the linked address(es) if necessary.

The linking phase will end in late November, after which we'll do the distribution for the new testnet.  Those who linked their Byteball and Bitcoin addresses will receive new test bytes in proportion to their Bitcoin testnet balances on the distribution day.

If all goes well, we'll do exactly same linking, but with real Bitcoin addresses, from early December to December 25 before the upcoming livenet launch and distribution.

Please retweet https://twitter.com/ByteballOrg/status/796810412935282688
member
Activity: 84
Merit: 10
This thread has a good concept and I would like to hold some byteball, how can I get it
sr. member
Activity: 581
Merit: 250
Hi!

Where and how I can link My BTC address with byteball?

Cheers

I have the same question. this feature is it going to be added soon ?
Thanks
hero member
Activity: 1073
Merit: 666
this is a great one , following and going through previous posts. But init sync on testnet seems very slow.
hero member
Activity: 854
Merit: 1000
https://iota.org/
Hi!

Where and how I can link My BTC address with byteball?

Cheers
full member
Activity: 130
Merit: 100
Now i don't get it Smiley if i link 10 btc in the first round i will get byteball thats in total 1 btc?
if you link 10 BTC, and ~all BTC's are linked (16M) then you get 62.5 MB, which will count as 1 BTC in the next round.

10 makes 1, because only 10% is distributed in 1st round
member
Activity: 80
Merit: 10
how much will the byteballs i get in the first round be worth when i claim with them in the second round?

let's suppose i link 10 btc in the first round and get 100k byteballs. in the second round i link again my 10 btc and the 100k byteballs. another guy who missed the first round will link 20 btc in the second round. will i get exactly as many byteballs in the second round as this guy?

It depends on the total BTC linked in the second round.  If it is exactly same as in the 1st round, then yes you'll receive as many bytes as this guy.

Your example 100 Kbytes for 10 BTC is impossible.  Even if all BTC is linked in the 1st round (which will give you the smallest share), you receive:

10 BTC / 16,000,000 BTC * 1015 bytes * 10% = 62.5 MB

Sorry for getting the numbers so wrong Smiley

Ok. So let's suppose I get 62MB for 10 linked BTC in the first round. Now if in the second round the amount of linked btc doubles, my linked 62MB together with my 10 BTC, which I link again, will get as many MB as a guy who missed first round and linked 15 BTC in second round?

You can get this amount of bytes only if _all_ BTC are linked in the 1st round, so there will be no room to double in the 2nd round.  In this case, your 62.5 MB will count as 1 BTC and the total weight of your basket is 11 BTC, hence you get less than the guy with 15 BTC.

My previous answer was wrong: it is the total of BTC linked in the first round what matters, not the total in the second round.

Now i don't get it Smiley if i link 10 btc in the first round i will get byteball thats in total 1 btc?
full member
Activity: 130
Merit: 100

But there is another problem in version 0.2 and 0.5 as well is crashing cinnamon.

Mint 18 cinnamon crashes - solved in v 0.6


Nothing was done specifically for cinnamon..


Unfortunatelly i got crash of GUI with 0.6, it will be hard to find the reason as it is not regular as (I thought) was before.
legendary
Activity: 965
Merit: 1033

But there is another problem in version 0.2 and 0.5 as well is crashing cinnamon.

Mint 18 cinnamon crashes - solved in v 0.6

I didn't notice any info about running byteball as a service or terminal only, is there RPC?
Where to find out about that?

Nothing was done specifically for cinnamon..

If you want to run byteball as a service, see https://github.com/byteball/headless-byteball.
There is no RPC, instead you use chat for the most basic commands, or write small javascript files for more advanced functionality like creating a new asset (there are multiple examples in the repository).
full member
Activity: 130
Merit: 100

But there is another problem in version 0.2 and 0.5 as well is crashing cinnamon.

Mint 18 cinnamon crashes - solved in v 0.6

I didn't notice any info about running byteball as a service or terminal only, is there RPC?
Where to find out about that?
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