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Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 449. (Read 1234315 times)

legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
THANKS!

Now the whining about not getting their GBB [because they did not link a Bitcoin address to their ByteBall address] can officially start.
legendary
Activity: 965
Merit: 1033
Distribution of bytes is finished.
Total distributed: 57,444.473272169 GB.  It's about $19m at the current rate.
New available supply: 583,896.4940036 GB.  Coinmarketcap is already updated.

I'll update when blackbytes are distributed, it is going to take about 3 days.

Distribution of blackbytes is now finished.

The 10th round will be on the Full Moon of November (November 4, 2017 at 05:23 UTC), and the rules stay the same:
BTC to bytes: 1 BTC of proven balance gives you 6.25 MB (0.00625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 6.25 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.1 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.21111 blackbytes

Putting this another way, to receive 1 GB from the distribution, you need to already hold 160 BTC or 10 GB.  These same holdings also give you 2.1111 GBB (giga-blackbyte).

By that time, we'll have more apps in the Bot Store, more cashback partners, and hopefully a few teams will start their token sales on Byteball platform.
member
Activity: 112
Merit: 10
I really believe in the byteball, with this community and tech we can reach to 5 digits in a year.
that would be really awesome! Smiley
i hope
legendary
Activity: 1237
Merit: 1010
One question:  I took part in the last 3 Airdrops. My addresses are linked fine and the bot says I'm to expect getting X GB and X GBB. The GB amount is fine but my GBB amount is still 0. I've now waited months for them to appear and also tried to create a couple of addresses to fix it (40-50 total) but nothing seems to help. What am I missing?
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
Price will go up again: so many copycat coins have a bigger market cap compared to byteball.
In the end only the best projects will prevail (and survive). Byteball is one of them IMHO
There's a lot of air/hype in those copycat coins (or even just tokens). Hype can appear and disappear in an instant, real world usage grows slower but stays longer.
legendary
Activity: 2310
Merit: 1422
Price will go up again: so many copycat coins have a bigger market cap compared to byteball.
In the end only the best projects will prevail (and survive). Byteball is one of them IMHO
hero member
Activity: 672
Merit: 500
The main purpose of this currency is the solution accumulated in cryptosphere problems: anonymity if it's necessary, opportunity to be confirmed by third parties. All of it looks really attractive.
full member
Activity: 346
Merit: 107
Would be great that Blackbytes Bots could report it's price and volume to coimarketcap like sites or blockfolio like apps

One bot already reports on a website: http://freebe.byte-ball.com/
It should be easy to add a small API to be used by external apps.
sr. member
Activity: 432
Merit: 251
Would be great that Blackbytes Bots could report it's price and volume to coimarketcap like sites or blockfolio like apps
full member
Activity: 346
Merit: 107
Okay that sounds really cool. So how come they are not traded on exchanges then; how does one assess the value of these bytes then? And I know there is a blackbyte bot now

but does that mean it is a set rate built in ? Or do you have to wait for a buyer to come accept your price? I barely understood bytes, now you guys dropping blackbytes on me Cheesy

There are 2 blackbytes exchanges in the bot store.
sr. member
Activity: 518
Merit: 252
What are the Blackbytes needed for? Is it a own Coin or is it something like GAS in Ethereum or in NEO/Antshares Huh

Blackbytes are a cash-like tokens like bytes build-in byteball platform. You can use them as a form of payment which is private and untraceable. The transactions are far more safe, secure and cannot easily identified the source or destination. 



Okay that sounds really cool. So how come they are not traded on exchanges then; how does one assess the value of these bytes then? And I know there is a blackbyte bot now

but does that mean it is a set rate built in ? Or do you have to wait for a buyer to come accept your price? I barely understood bytes, now you guys dropping blackbytes on me Cheesy
sr. member
Activity: 317
Merit: 317
What are the Blackbytes needed for? Is it a own Coin or is it something like GAS in Ethereum or in NEO/Antshares Huh

Blackbytes are a cash-like tokens like bytes build-in byteball platform. You can use them as a form of payment which is private and untraceable. The transactions are far more safe, secure and cannot easily identified the source or destination. 

hero member
Activity: 1358
Merit: 635
This is the period of high and widely distributed supply. It may last a few months (or years if bitcoin goes back to $1000), but once it is done consolidating, it will be possible for the price to appreciate substantially within a new hype wave. All that is needed is time, marketing, and awareness.

Good point, bro. Byteball has a long way to go to reach both  its glory and real market appreciation. Keep crossing fingers for luck.
member
Activity: 89
Merit: 12
This is the period of high and widely distributed supply. It may last a few months (or years if bitcoin goes back to $1000), but once it is done consolidating, it will be possible for the price to appreciate substantially within a new hype wave. All that is needed is time, marketing, and awareness.
sr. member
Activity: 1015
Merit: 289
So sick of this price talking.

DO YOU REALIZE MARKET CAP IS STILL THE SAME AND PRICE DROPS DUE RELEASING NEW SUPPLY???

True. And the bytes are streaming from the people who don't care about the coin to those who do, when this process will be complete the road well be mostly upwards.
member
Activity: 81
Merit: 10
So sick of this price talking.

DO YOU REALIZE MARKET CAP IS STILL THE SAME AND PRICE DROPS DUE RELEASING NEW SUPPLY???
hero member
Activity: 770
Merit: 605
I really believe in the byteball, with this community and tech we can reach to 5 digits in a year.

I like this coin too, seems many good features. But the recent price behavior is bad, looks like those who held a lot started dumping.
sr. member
Activity: 510
Merit: 260
https://www.reddit.com/r/CryptoCurrency/comments/6yufil/warning_dash_users_on_government_watchlist/

Interesting post on reddit about  how dash instasend may not be as anyonymous as once thought and people are touting monero's ring signatures as the best privacy coin based on cryptonote.  Can tonych or one of the other byteball devs elaborate on how anonymous/secure blackbytes are compared to monero?  Assuming I send  over tor with blackbytes being peer to peer is it comparable to monero? I think privacy  is a very important thing in the crypto world moving forward especially  with how US government overreaches.  I think if blackbytes are truly anonymous then they are massively undervalued  at the current price levels or its just  that no one knows about them in the darknet community.

if blackbytes are truly anonymous i agree with you that they are currently undervalued... and then that would be because it ain't yet popular

[reminder]

Announcing BEEB - Blackbytes Escrow Exchange Bot.

Instant-buy and sell batches of Blackbytes 24h/24h, 7 days a week.
(you don't need to find a peer anymore: the bot is the peer!)

Trading blackbytes on BEEB is anonymous.


In your wallet Bot store - click on "Blackbytes Exchange BEEB (Trustful)"

Or direct pair with BEEB at: [email protected]/bb#0000
In your wallet top left menu "PAIRED DEVICE" then "+ Add a new device" then paste the above cryptic address in "Accept invitation" and validate.


OR scan the BEEB QR code


Support: https://byteball.slack.com/ #beeb channel

full member
Activity: 178
Merit: 100
I really believe in the byteball, with this community and tech we can reach to 5 digits in a year.
that would be really awesome! Smiley
member
Activity: 111
Merit: 10
Cryptowhiz
https://www.reddit.com/r/CryptoCurrency/comments/6yufil/warning_dash_users_on_government_watchlist/

Interesting post on reddit about  how dash instasend may not be as anyonymous as once thought and people are touting monero's ring signatures as the best privacy coin based on cryptonote.  Can tonych or one of the other byteball devs elaborate on how anonymous/secure blackbytes are compared to monero?  Assuming I send  over tor with blackbytes being peer to peer is it comparable to monero? I think privacy  is a very important thing in the crypto world moving forward especially  with how US government overreaches.  I think if blackbytes are truly anonymous then they are massively undervalued  at the current price levels or its just  that no one knows about them in the darknet community.

if blackbytes are truly anonymous i agree with you that they are currently undervalued... and then that would be because it ain't yet popular
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