Obyte: Totally new consensus algorithm + private untraceable payments - page 1122.

tonych

legendary

Activity: 965

Merit: 1033

Quote from: rnr on September 06, 2016, 10:23:55 PM

Why not cap the max amount? Lets say 10 or 20 BTC. It would be nice if there would be a balanced distribution without giant "whales"!!

I have no idea how you want to check if someone use several addresses. But it would help to keep the exchanges out.

Or like NEM has done. But i can imagine that this would gives you a huge effort to check the claims.

As you correctly noted yourself, whales will use several addresses, it won't work.

tonych

legendary

Activity: 965

Merit: 1033

Quote from: Aabcde on September 07, 2016, 03:04:14 AM

I cannot download it from playstore. It says not compatible. Could you lower it again to Jellybean, sir?

It requires the newer technology that is only there in 4.4+, sorry.

Aabcde

sr. member

Activity: 1050

Merit: 256

I cannot download it from playstore. It says not compatible. Could you lower it again to Jellybean, sir?

Sam123

hero member

Activity: 980

Merit: 502

How to prevent somebody from buying a lot of BTC's just before snapshot of bitcoin blockchain and then sell back the BTC to just keep the BYTE in his account.

rnr

sr. member

Activity: 247

Merit: 250

Why not cap the max amount? Lets say 10 or 20 BTC. It would be nice if there would be a balanced distribution without giant "whales"!!

I have no idea how you want to check if someone use several addresses. But it would help to keep the exchanges out.

Or like NEM has done. But i can imagine that this would gives you a huge effort to check the claims.

vlight

hero member

Activity: 656

Merit: 500

Very interesting distribution method. The equivalent to this would be as if you collect the BTC, distribute "byteballs" in proportion to the amount sent, refund BTC to the investors.

Also, it seems fair that you give time for IOTA to hit the exchanges Wink

tonych

legendary

Activity: 965

Merit: 1033

Quote from: tonych on September 05, 2016, 02:10:04 PM

Quote from: pusaka on September 05, 2016, 11:18:47 AM

any wallet for win 32 dev?
I have already download but win 64.
its not compatibel for 32bits. Angry

Try this: https://github.com/byteball/byteball/releases/download/v0.1.1/Byteball-test-win32.exe.
This 32bit version works on my win64, you will be the first to try it in win32.

Please report if it worked. Then I'll add the link to the OP.

durerus

sr. member

Activity: 321

Merit: 252

Watching with increasing interest.

Sam123

hero member

Activity: 980

Merit: 502

interesting. Will download it tonight.
Thanks

tonych

legendary

Activity: 965

Merit: 1033

Quote from: MisO69 on September 06, 2016, 01:10:47 PM

Quote

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.

1 Quadrillion coins is a little much don't ya think? Forget about BTC and LTC markets. Doge markets is where this one will be traded..such wow.

1,000,000,000,000,000

I don't think it's too much. For comparison, Bitcoin is going to have 2.1 quadrillion satoshi (1 BTC = 10⁸ satoshi) when all bitcoins are mined. Byte, like satoshi, is the smallest currency unit.

MisO69

legendary

Activity: 1946

Merit: 1005

My mule don't like people laughing

Quote

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.

1 Quadrillion coins is a little much don't ya think? Forget about BTC and LTC markets. Doge markets is where this one will be traded..such wow.

1,000,000,000,000,000

EpyxZ

hero member

Activity: 994

Merit: 500

Quote from: tonych on September 06, 2016, 12:49:05 PM

Quote from: EpyxZ on September 06, 2016, 12:34:33 PM

Quick question, whats going to stop me from linking all of Satoshi Nakamoto's accounts? What kind of verification process is going to be in place to ensure that coins claimed are on a btc balance the claimer controls?
(not being negative, questions have to be asked)

If you are Satoshi, you are most welcome!!
If you are not, you probably can't use his keys. To verify that you own the keys, we'll ask you to make a small 0.001 BTC payment from the address you claim to own.

Thanks for the fast response and answer.

I wish i was him :p

tonych

legendary

Activity: 965

Merit: 1033

Quote from: EpyxZ on September 06, 2016, 12:34:33 PM

Quick question, whats going to stop me from linking all of Satoshi Nakamoto's accounts? What kind of verification process is going to be in place to ensure that coins claimed are on a btc balance the claimer controls?
(not being negative, questions have to be asked)

If you are Satoshi, you are most welcome!!
If you are not, you probably can't use his keys. To verify that you own the keys, we'll ask you to make a small 0.001 BTC payment from the address you claim to own.

tonych

legendary

Activity: 965

Merit: 1033

Quote from: ICOcountdown.com on September 06, 2016, 12:31:20 PM

Quote from: tonych on September 06, 2016, 12:28:01 PM

Quote from: willowfoot on September 06, 2016, 12:02:28 PM

So will there be a time/window, to claim and that is it?

Is it going to be a 1:x ratio, and what's going to happen to the coins unclaimed?

There will be a time/window, it'll be announced later, watch this thread.

Unclaimed coins are impossible by design: all 98% to be claimed will be distributed in proportion to the balance of linked bitcoin addresses.

The math is very simple. If the balance of all your linked bitcoin addresses is 100 BTC, and the total balance of all linked bitcoin addresses of all users is 1,000,000 BTC, then this is the number of bytes that will be yours:

100 / 1000000 * 0.98 * 10¹⁵ = 98,000,000,000

How long have you been working on this concept for? The whitepaper has some very interesting cryptographic methods.

Thank you adding Byteball to ICOcountdown!
It took about 22 months from the first idea (which was DAG instead of blockchain) to the final concept implemented in code.

EpyxZ

hero member

Activity: 994

Merit: 500

Quick question, whats going to stop me from linking all of Satoshi Nakamoto's accounts? What kind of verification process is going to be in place to ensure that coins claimed are on a btc balance the claimer controls?
(not being negative, questions have to be asked)

ICOcountdown.com

hero member

Activity: 1008

Merit: 500

Quote from: tonych on September 06, 2016, 12:28:01 PM

Quote from: willowfoot on September 06, 2016, 12:02:28 PM

So will there be a time/window, to claim and that is it?

Is it going to be a 1:x ratio, and what's going to happen to the coins unclaimed?

There will be a time/window, it'll be announced later, watch this thread.

Unclaimed coins are impossible by design: all 98% to be claimed will be distributed in proportion to the balance of linked bitcoin addresses.

The math is very simple. If the balance of all your linked bitcoin addresses is 100 BTC, and the total balance of all linked bitcoin addresses of all users is 1,000,000 BTC, then this is the number of bytes that will be yours:

100 / 1000000 * 0.98 * 10¹⁵ = 98,000,000,000

How long have you been working on this concept for? The whitepaper has some very interesting cryptographic methods.

tonych

legendary

Activity: 965

Merit: 1033

Quote from: willowfoot on September 06, 2016, 12:02:28 PM

So will there be a time/window, to claim and that is it?

Is it going to be a 1:x ratio, and what's going to happen to the coins unclaimed?

There will be a time/window, it'll be announced later, watch this thread.

Unclaimed coins are impossible by design: all 98% to be claimed will be distributed in proportion to the balance of linked bitcoin addresses.

The math is very simple. If the balance of all your linked bitcoin addresses is 100 BTC, and the total balance of all linked bitcoin addresses of all users is 1,000,000 BTC, then this is the number of bytes that will be yours:

100 / 1000000 * 0.98 * 10¹⁵ = 98,000,000,000

ICOcountdown.com

hero member

Activity: 1008

Merit: 500

Congratulations BYTEBALL has been added to http://icocountdown.com

I know it's not really crowdsale but I want to make sure people are aware of the opt-in.

Thanks!

cointrader83

hero member

Activity: 742

Merit: 500