Obyte: Totally new consensus algorithm + private untraceable payments - page 540.

European Central Bank

legendary

Activity: 1288

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Quote from: sinner on August 01, 2017, 05:17:08 PM

Quote from: European Central Bank on August 01, 2017, 05:08:15 PM

i think he's referring to the coin overall. in which case someone better qualified than me will have to answer it.

what do you mean overall? GB + GBB?

i just edited my previous response after i realized that i basically agreed with coinmenace's assessment Cheesy

i presume the question is - how does this coin work?

not how the market dynamics work.

sinner

hero member

Activity: 615

Merit: 500

Quote from: European Central Bank on August 01, 2017, 05:08:15 PM

i think he's referring to the coin overall. in which case someone better qualified than me will have to answer it.

what do you mean overall? GB + GBB?

i just edited my previous response after i realized that i basically agreed with coinmenace's assessment Cheesy

European Central Bank

legendary

Activity: 1288

Merit: 1087

Quote from: sinner on August 01, 2017, 05:06:42 PM

he's arguing that people will want to buy GBYTE to get the 20% bytes bonus (plus blackbyte bonus), which will cause a spike in price before next snapshot. then the price will dump right after snapshot when some people get their GBYTE and sell it.

i partially disagree--i think market expects the dump after snapshot, and if it dumps >16.67% (1/6, ignoring GBB for this calculation) after snapshot, then its more profitable to make buys after snapshot.

personally, i expect choppy price until distribution is over, then a long bull market begins.

i think he's referring to the coin overall. in which case someone better qualified than me will have to answer it.

sinner

hero member

Activity: 615

Merit: 500

Quote from: Funroll_upz on August 01, 2017, 04:16:00 PM

Quote from: coinmenace on August 01, 2017, 04:05:37 PM

in the next few days, we will see spikes in the price of GBYTE leading to the next airdrop. but with that much new GBYTE going into circulation, expect another drop in price after the airdrop.

Can you or someone please ELI5 how this coin works in brief?

he's arguing that people will want to buy GBYTE to get the 20% bytes bonus (plus blackbyte bonus), which will cause a spike in price before next snapshot. then the price will dump right after snapshot when some people get their GBYTE and sell it.

market likely expects the dump after snapshot, and if it dumps >16.67% (1/6, ignoring GBB for this calculation) after snapshot, then its more profitable to make buys after snapshot.

personally, i expect choppy price until distribution is over (probably October), then a long bull market begins.

Funroll_upz

newbie

Activity: 41

Merit: 0

Quote from: coinmenace on August 01, 2017, 04:05:37 PM

in the next few days, we will see spikes in the price of GBYTE leading to the next airdrop. but with that much new GBYTE going into circulation, expect another drop in price after the airdrop.

Can you or someone please ELI5 how this coin works in brief?

coinmenace

hero member

Activity: 882

Merit: 500

Everything you want, is everything you need.

in the next few days, we will see spikes in the price of GBYTE leading to the next airdrop. but with that much new GBYTE going into circulation, expect another drop in price after the airdrop.

s1lverbox

legendary

Activity: 2324

Merit: 1039

UPDATE :

900166 BTC

linked which will bring approx. : 56,260 gb

and we have 365,903gb in circulation which will bring : 73,180 gb more after airdrop

So

365,903+73,180+56,266= 495,343 Gb in total in circulation after give away.

That's 50% of all gbytes.

Yes i think in this rate we will have 3 more airdrops.

Distribution :   0.0625 Gb for each 1 BTC of linked balance and 0.2 new byte for each 1 byte you already hold.
   131.94375 MBB for each 1 BTC of linked balance and 0.42222 new Bbyte for each 1 byte you already hold (on linked addresses only).

Scheduled:   August 7, 2017 at 18:10 UTC

Time left: 5 Days 21h

Previous Updates:

1/08/17 9:12am

BeggarInCryptos

full member

Activity: 401

Merit: 104

Quote from: pwpwpw on August 01, 2017, 01:37:29 PM

Quote from: BeggarInCryptos on August 01, 2017, 01:31:36 PM

It is already weeks that I can't have my Byteball wallets on TWO separate Android devices (one smartphone and one tablet) properly working. Now they both have just a 1of3 multiwallet, but earlier they had other multiwallets and given the problem I have disinstalled and reinstalled the app. Same result: they endlessly try to synchronize and they do not work. Now I cannot even upgrade to the new release of the wallet, so I'll probably have top delete and reinstall everything once more. Any chance that this bus has been resolved in this latest version?

Go to slack and force the issue, keep asking about this, it's a real problem and they will help you solve it just keep insisting (politely). I'm impressed about the new update tonych, hats off to you, hope you can help this fellow here. Mobile wallet usage is the most important thing for BB imo, it looks nice, easy to use and fast, that's what the masses need.

Exactly. It is very important also for the increased security that it offers if you create a 2of3 or 2of4 multisig wallet, but of course if your 2 mobile multisig wallets stop to work in a 2of3 wallet (as an example) , you basically lose the possibility to move your coins forever. And even in a 2of5 wallet you are at risk if your 2 android wallets fail AND one of your two PCs fail too. You'd need 6 devices to be safe, but who has 6 devices at hand ?

pwpwpw

hero member

Activity: 908

Merit: 503

Quote from: BeggarInCryptos on August 01, 2017, 01:31:36 PM

It is already weeks that I can't have my Byteball wallets on TWO separate Android devices (one smartphone and one tablet) properly working. Now they both have just a 1of3 multiwallet, but earlier they had other multiwallets and given the problem I have disinstalled and reinstalled the app. Same result: they endlessly try to synchronize and they do not work. Now I cannot even upgrade to the new release of the wallet, so I'll probably have top delete and reinstall everything once more. Any chance that this bus has been resolved in this latest version?

Go to slack and force the issue, keep asking about this, it's a real problem and they will help you solve it just keep insisting (politely). I'm impressed about the new update tonych, hats off to you, hope you can help this fellow here. Mobile wallet usage is the most important thing for BB imo, it looks nice, easy to use and fast, that's what the masses need.

BeggarInCryptos

full member

Activity: 401

Merit: 104

It is already weeks that I can't have my Byteball wallets on TWO separate Android devices (one smartphone and one tablet) properly working. Now they both have just a 1of3 multiwallet, but earlier they had other multiwallets and given the problem I have disinstalled and reinstalled the app. Same result: they endlessly try to synchronize and they do not work. Now I cannot even upgrade to the new release of the wallet, so I'll probably have top delete and reinstall everything once more. Any chance that this bus has been resolved in this latest version?

Randomshot

newbie

Activity: 45

Merit: 0

Quote from: jwinterm on August 01, 2017, 12:45:28 PM

Quote from: jwinterm on July 31, 2017, 08:07:18 PM

Quote from: jwinterm on July 31, 2017, 09:09:53 AM

OK, I got headless up and running, couple questions.

1. byteball.sqlite is now 2.5 GB, how big is db in sqlite format?

2. RPC call for main chain index returns 348670, where do I compare this to see if I'm fully synced? It's not obvious how/where to check on explorer.byteball.org.

Bump. I'm up to almost 7 GB byteball.sqlite file now (and almost 4 GB log.txt), and main chain index of 821618.

Bumpity bump bump, or is this thread only for asking stupidly obvious questions about air drop that are clearly answered in OP?

Yeah, you should have better luck in Slack chat.

jwinterm

legendary

Activity: 3164

Merit: 1116

Quote from: jwinterm on July 31, 2017, 08:07:18 PM

Quote from: jwinterm on July 31, 2017, 09:09:53 AM

OK, I got headless up and running, couple questions.

1. byteball.sqlite is now 2.5 GB, how big is db in sqlite format?

2. RPC call for main chain index returns 348670, where do I compare this to see if I'm fully synced? It's not obvious how/where to check on explorer.byteball.org.

Bump. I'm up to almost 7 GB byteball.sqlite file now (and almost 4 GB log.txt), and main chain index of 821618.

Bumpity bump bump, or is this thread only for asking stupidly obvious questions about air drop that are clearly answered in OP?

panconpalta

newbie

Activity: 5

Merit: 0

https://i.gyazo.com/31a38eb91aa65d092db92ecd35c21d46.png

Hello I get this when sinchronizing wallet. How to fix it and not lose GBYTE? Version 1.9.3 windows 10 64bit

bspus

legendary

Activity: 2165

Merit: 1002

Quote from: bcsuisse on August 01, 2017, 04:24:54 AM

as the holders of byteball is growing we might only see 2 more. but free money is free money so I will take it and be very very grateful

Actually, as the airdrop amount gets more and more dependent on the byteball part, it becomes more predictable too.
The holders of byteball are the same regardless of dumps or pumps.

Assuming after the august airdrop the circulation is actually 50% or even a little more, it's impossible for there to be just one more airdrop unless the bitcoin linked goes up like ten times.

But what I expect is for the september airdrop, another 100000 Gb from existing gb (predictable) and perhaps another 100000 from the btc (if it keeps increasing at that rate).

That will bring us to 70% which is just about enough for a third airdrop with a little room to spare

memberx

full member

Activity: 238

Merit: 100

I bought some GBB Blackbytes today vs GBYTE

Not these Blackbytes are in this Smartwallet, how can I move it to the normal wallet, if I want to?

And second question, if I leave them in the Smart Wallet, will I get new Blackbytes for it next week in distribution?

thx

julian071

hero member

Activity: 1132

Merit: 818

Voting is a VERY important imlpementation of blockchain technology imho. Great work on a first iteration.

cybterpunk

full member

Activity: 414

Merit: 101

Quote from: tonych on August 01, 2017, 06:38:24 AM

Version 1.10.0 released https://github.com/byteball/byteball/releases

* Redesigned two pages used to create smart contracts: bind payment and offer contract. Now they look more like contract prose rather than web forms. They also reduce manual entry and validate input for a few known oracles (validation is not perfect but prevents the most obvious mistakes).

* Added ability to vote in polls. Now we can have referendums. Poll Bot is added to the Bot Store, it assists in making a vote. A vote is a small transaction that pays to yourself and is signed by your most funded addresses, the weight of the vote is the combined balance of the signing addresses. Note that there is a privacy concern because by making a vote you associate a number of your addresses. Source code of the poll bot: https://github.com/byteball/poll-bot

* Fixed a bug that sometimes caused full clients to crash while syncing
* Fixed a bug that in rare circumstances led to creation of unspendable addresses during first run on Android wallets
* Fixed a bug that caused the wallet to erroneously complain about lack of coins when trying to send blackbytes
* Fixed creation of .desktop files on fresh Linux installs
* Other small bugfixes and improvements

You need to upgrade in order to vote.

that's great!

thanks for the updates

CorePrime95

full member

Activity: 190

Merit: 101

Inbuild vote system is amazing! Byteball is just the best project in crypto Grin

Trollollo

hero member

Activity: 539

Merit: 500

Quote from: tonych on August 01, 2017, 06:38:24 AM

Version 1.10.0 released https://github.com/byteball/byteball/releases

* Redesigned two pages used to create smart contracts: bind payment and offer contract. Now they look more like contract prose rather than web forms. They also reduce manual entry and validate input for a few known oracles (validation is not perfect but prevents the most obvious mistakes).

* Added ability to vote in polls. Now we can have referendums. Poll Bot is added to the Bot Store, it assists in making a vote. A vote is a small transaction that pays to yourself and is signed by your most funded addresses, the weight of the vote is the combined balance of the signing addresses. Note that there is a privacy concern because by making a vote you associate a number of your addresses. Source code of the poll bot: https://github.com/byteball/poll-bot

* Fixed a bug that sometimes caused full clients to crash while syncing
* Fixed a bug that in rare circumstances led to creation of unspendable addresses during first run on Android wallets
* Fixed a bug that caused the wallet to erroneously complain about lack of coins when trying to send blackbytes
* Fixed creation of .desktop files on fresh Linux installs
* Other small bugfixes and improvements

You need to upgrade in order to vote.

This is awesome!One of the best projects in world of cryptos.

kola-schaar

sr. member

Activity: 336

Merit: 260

Quote from: tonych on August 01, 2017, 06:38:24 AM

Version 1.10.0 released https://github.com/byteball/byteball/releases
...
* Added ability to vote in polls. Now we can have referendums. Poll Bot is added to the Bot Store, it assists in making a vote. A vote is a small transaction that pays to yourself and is signed by your most funded addresses, the weight of the vote is the combined balance of the signing addresses. Note that there is a privacy concern because by making a vote you associate a number of your addresses. Source code of the poll bot: https://github.com/byteball/poll-bot
..

Beautiful solution
.. and an update that deserves the term update really...
user-friendly interface - very nice

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