Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 1080. (Read 1234271 times)

I found the bug and it will be fixed in the next release.
If you turned password protection on and created any new wallets _after_ that, these wallets are broken because of the bug.
You'll have to delete any such wallets on all devices.

It was a serious bug and you deserve a bounty for helping to discover it.  Please PM me you bitcoin address

my humble opinion:

The target of the genesis-capitalization (linked BTC capital) is 10% of BTC capitalization (1,2 Mrd.) So as tony explains for the distribution there will be a ratio:
“The ratio 62.5 MB per 1 BTC is chosen so that the total money supply of bytes (10^15) and the total number of BTC in circulation (16,000,000) are equivalent.”

This is not the real capitalization (which will be found at the exchange) Maybe it can be achieved in 5 years. It’s a ambitious goal - it’s good to have ambitious goals.

some scenarios:
#weak performance of (real) capitalization: 0,05 Mrd. -> tony holds 1% => 0,5 Mio.
#good performance of (real) capitalization: 0,085 Mrd. (Average
of the first 10 (without BTC and ETH - I’m a little bit conservative ;-) ):
-> tony holds 1% => 0,85 Mio.
#very good performance of (real) capitalization: 0,28 Mrd. (place 3 like XRP) -> tony holds 1% => 2,8 Mio.
# outperformance of (real) capitalization: 0,93 Mrd. (place 2 like ETH) -> tony holds 1% => 9,3 Mio.

Ups: The Coin has no chance because there is no money for developing the project... We need:
https://[Suspicious link removed]/K2aTW
So, where is the mistake – because tony is a mathematician (not brainsick ) ?
Well, he takes part at the distribution at round 2 with 1% of 10^15 => 10^12 Bytes => (1 Mbyte = 1 BTC) -> 16000 BTC (maybe with only a part of this). The 16000 BTC are not real ! They become real if the project is running successfully.

  “Oooh woow this is a big hammer ! That’s not fair! It’s too much.. give me more bla, bla.. “

So, he need this big hammer for resistance against takeover (maybe a boy with a lot of BTC can capture a large amount of Bytes and he is outside) and for further development. His actual share after distribution depends on the % capitalization obtained. Please reckon themselves some scenarios.
Try  7% 10% and 15% Initial capitalization. After that you will get his stake of distribution %. You can multiply it with your favorite scenario given above..

To the Distribution amount: IOTA 2,8E+15 (micro payment / internet of things), XRP 3,5 E+10 (focus  finances), Byteball 1 E^15 (Decentralized storage and transfer of value)

He has nothing of keeping it only to themselves. Because in this case the project will fail..
I stand to be corrected on this, but for me it is fair - I have only to show my BTC - nothing to work .

Your data is not removed when you uninstall the wallet.
Please keep it for now, I may need your help to investigate the error.

i uninstall wallet..reinstall..i always r.1 error and my balance  how this is possible ?

I do not think there most stupide coin that doge   

Have you ever heard of the metric prefixes -  Mega- , Giga-, Tera- ...
Surely Bytes will be traded as Gigabytes at exchanges.

Money supply

The total number of bytes is 10¹⁵, all bytes will be issued in the genesis transaction. Since the fees paid are returned into the circulation, the money supply will remain the same.

Deterministic finality


LOL thats mean 1.000.000.000.000.000 coins

Are you fucking crazy thats mean 10 million bitcoin market capital at 1 satoshi

And you want to keep 1% of that, 10.000.000.000.000 coins for you, so around 100,000 Bitcoins for you ? ? ?


Most Stupid Coin i ever read, place this shitcoin in your an...  

I'm not sure what's more gross, the costume, or the girl all up on that.

OMG i have big bals in my wallet..dev pls help me !

done..always cannot  

i cancel multisig wallet on my pc..now i can open it..just have an error R.1 when i want access and it closes..andro multisig wallet doesn't always work..i can receive but not send.

I am not sure whether it is already suggested here, but personally I feel for initial fair distribution following what CLAM coin has done must be a better idea to have.

For that, a past time stamp is more important, maybe this thread's opening date must be fair enough in my humble opinion.

They included bitcoin, litecoin and dogecoin addresses for distribution. Here, you can add more and skip any.

Byteball full wallet installed and now playing around. Cannot wait for the linking phase to begin.

@ lerecidiviste: I was sending you 13 Byte from different wallets (two and four days ago).
*to S46FYXPNOJCDWFBGVZMNQLB5VL3YQNPN
*to X6TNUGLG7XL54RDXHZZMIFJDJSGZPQJW
 
The transactions already have been confirmed.

Maybe we are on different testnets  . ("The next big step will be testnet-to-testnet linking..")
If so, we have to wait till testnet-to-testnet linking..

Is it password protected?  Could you please remove password protection and try again?

I not try.. I create multisig wallet on pc & andro and paired it.. Before update it was working.. After update i a error when i try to send BBs.

Thanks for this! Maybe it would be good to have a link in the first page as well. Also, are there any social media bounties?

When the mainnet launches, it will be already too late.
We'll start linking in early December and continue up to the launch date.

After the mainnet launched on the 25th December, wherein snapshot will be taken on the first block of that day.

When will we have to link our btc wallet to be part of the distribution ?!