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Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 577. (Read 1234315 times)

legendary
Activity: 2142
Merit: 1010
Newbie
It doesn't really matter for me. I am going to sit tight with bitcoins on both chains, if a fork does occur.
So which ever chain the distributors pick, I am going to get my GB.

Not efficient. You might get double reward during the airdrop by knowing the chain in advance and selling BTC on one chain for BTC on another.
full member
Activity: 238
Merit: 100
Actually, distribution of byteballs in first 10 days of august sounds not very good.
I mean that possible blockchain split of BTC on 1st August. IMO better stay in fiat for these days.

Of course you can, no need to take part in the distribution Smiley but you could also hold GBYTE instead of BTC
member
Activity: 131
Merit: 18
Actually, distribution of byteballs in first 10 days of august sounds not very good.
I mean that possible blockchain split of BTC on 1st August. IMO better stay in fiat for these days.
full member
Activity: 238
Merit: 100
Received my Blackbytes yesterday, thanks guys


Looking fwd. to the next distribution and will buy some more GBYTE next days
legendary
Activity: 1258
Merit: 1001
Since I wasted alot of electricity and also warring out my hard drive read and write times doing this syncing process. Embarrassed

I think most people are using the default "light wallet" option. There's no need to sync the DAG if you use the light wallet.

What is this 'light wallet' option?
When you install it gives you the option to do one of two things:
1. Install the entire wallet - the one I am doing and it is halfway done now.
2. Lightwallet - which it allows you to just download those latest of the recent blocks of the byteball chain.

The second option is there to get you up and running within a matter of minutes instead of a couple of hours it warns you about before the installation of the secondary option for the wallet.
The syncing of the wallet takes the longest time.
Just imagine trying to download and sync the bitcoin core qt as of now over the 8 years it has been running.
I did not think this one would take so long but oh well.
Might as wait and let it finish since I got to it this far already.

Just hope there is a bright and golden light at the end of the rainbow after this is done and finished syncing. Undecided
Is all I am asking for now. Grin
legendary
Activity: 1418
Merit: 1002
Since I wasted alot of electricity and also warring out my hard drive read and write times doing this syncing process. Embarrassed

I think most people are using the default "light wallet" option. There's no need to sync the DAG if you use the light wallet.

What is this 'light wallet' option?
sr. member
Activity: 616
Merit: 251
CryptoTalk.Org - Get Paid for every Post!
It doesn’t look like there was that much of a change from the distribution round. The guys that received the coins through the distribution prolly sold all their coins already so I am pretty sure that we can just move forward with the price for Byteball.

Byteball will get a price even more than it’s at right now since there’s large investors interested in the project and what it’s doing for the people that are holding Bitcoins.

legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
1 BTC of proven balance gives you 62.5 MB (0.0625 GB)

1 BTC on which chain?

It doesn't really matter for me. I am going to sit tight with bitcoins on both chains, if a fork does occur.
So which ever chain the distributors pick, I am going to get my GB.
sr. member
Activity: 409
Merit: 250
you dream

It's an unique opportunity to get my bitcoins doubled, I hope it won't be just a dream.  Grin

Double the coins, less than half the value. More like a nightmare.

But you're probably just kidding anyway
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
It has? Yet when I asked a simply question it got ignored as if I was not serious with my inquiry about the wallet syncing.

Most of people here are traders, they don't know such things. I suggest you not to stop the syncing, I did it and was stuck in endless DB compacting loop.
Ah okay. Did not realize almost all people who collect byteball here are traders and do not have the time nor the know how on what they actually did when they installed the wallet months ago. Which would of taken no time at all to sync since it just started in November 2016 from when I recall seeing it advertised in a signature campaign for the first time.
I will take your advice and not stop it because then I would end up with the same problem and the five days of endlessly syncing would be for nothing. Undecided

Thanks for the valuable information about this.
Since I wasted alot of electricity and also warring out my hard drive read and write times doing this syncing process. Embarrassed

I could help you, but you have an attitude problem so I won't bother...
 Kiss
legendary
Activity: 2142
Merit: 1010
Newbie
you dream

It's an unique opportunity to get my bitcoins doubled, I hope it won't be just a dream.  Grin
member
Activity: 99
Merit: 10
hero member
Activity: 615
Merit: 500
Many people have problems with restoring byteball backups sized > 4gb. I just build the wallet with patch provided in github https://github.com/byteball/byteball/pull/164. I think it will be preffered to transfer your funds to exchange and wait for the next stable version from Tony. And only then transfer it back. That because your backup may corrupt due to database migration. Enjoy it.

macOS 1.9.1 unofficial fix: "https://mega.nz/#!UPhHgCTR!YAEorVP0MVCF3N5wld3u6jb7j94MJSQeRuMtm994XHA" (copy all between "" and paste in the browser).

How many people will use a fix published by a random dude with no posts history? Ever thought of that?
Haha. at your peril dude.

P.S. You can patch your installed Byteball.app by yourself. Just replace the "unzip" library in the "node_modules" to that "https://github.com/byteball/unzip". The repo is official and is supported by Tony.

Thanks.

Does anybody know how to get your private key from Byteball lite wallet?
member
Activity: 79
Merit: 10


Noobs dumping gbytes. No one serious will dump at this price.


The lower the dump - the higher the pump.
legendary
Activity: 1258
Merit: 1001
It seems to be half way there so I have another five days+ of straight syncing of the entire wallet's blockchain to go. Lips sealed

You will find it goes a lot faster if you put the config folder into a memory-backed device when doing large syncs. On Linux I use a tmpfs device. I don't know what the equivalent would be on other operating systems.
I using a laptop and it is windows10.
So I do not know what you exactly mean by memory-back device.
If you mean by a external HD enclosure.
No. I am not using this.
It is all on my laptop.

But yes. I will join the slack channel as someone has described if this whole sync does not work after 10 days of running non stop.

Thanks to all for the help.

So the byteball community does give a hand of their fellow byteballers after all! Smiley

Good to know! And thank you fellow Dooglus Cool on the advice!
legendary
Activity: 2940
Merit: 1333
It seems to be half way there so I have another five days+ of straight syncing of the entire wallet's blockchain to go. Lips sealed

You will find it goes a lot faster if you put the config folder into a memory-backed device when doing large syncs. On Linux I use a tmpfs device. I don't know what the equivalent would be on other operating systems.
legendary
Activity: 2940
Merit: 1333
Since I wasted alot of electricity and also warring out my hard drive read and write times doing this syncing process. Embarrassed

I think most people are using the default "light wallet" option. There's no need to sync the DAG if you use the light wallet.
full member
Activity: 306
Merit: 106
It has? Yet when I asked a simply question it got ignored as if I was not serious with my inquiry about the wallet syncing.

Most of people here are traders, they don't know such things. I suggest you not to stop the syncing, I did it and was stuck in endless DB compacting loop.


Hop into the slack for questions. They are super available for support. Seriously. There is almost always more than one person online.
legendary
Activity: 1258
Merit: 1001
It has? Yet when I asked a simply question it got ignored as if I was not serious with my inquiry about the wallet syncing.

Most of people here are traders, they don't know such things. I suggest you not to stop the syncing, I did it and was stuck in endless DB compacting loop.
Ah okay. Did not realize almost all people who collect byteball here are traders and do not have the time nor the know how on what they actually did when they installed the wallet months ago. Which would of taken no time at all to sync since it just started in November 2016 from when I recall seeing it advertised in a signature campaign for the first time.
I will take your advice and not stop it because then I would end up with the same problem and the five days of endlessly syncing would be for nothing. Undecided

Thanks for the valuable information about this.
Since I wasted alot of electricity and also warring out my hard drive read and write times doing this syncing process. Embarrassed

Are you using the light wallet? Syncing takes milliseconds
Obviously not if I am going on day five of trying to get this complete.
It seems to be half way there so I have another five days+ of straight syncing of the entire wallet's blockchain to go. Lips sealed
legendary
Activity: 1258
Merit: 1001
Distribution of bytes is finished, 110,411.089425997 GB distributed.  New available supply is 365,903.008377294 GB.  It is already updated on coinmarketcap.

Distribution of blackbytes will start in a few hours and will take much longer, likely more than 1 day.  I'll post when it is done.

Distribution of blackbytes is also finished now.

The next round is scheduled for the Full Moon of August: August 7, 2017 at 18:10 UTC.  The rules stay the same:

BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 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 0.2 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.42222 blackbytes

Putting this another way, to receive 1 GB from the distribution, you need to already hold 16 BTC or 5 GB.  These same holdings also give you 2.1111 GBB (giga-blackbytes).
Hi!

Great project, I like the distribution model a lot! It have gained a great community already.
~
It has? Yet when I asked a simply question it got ignored as if I was not serious with my inquiry about the wallet syncing.

Once again: It has been over 5 days of my wallet trying to sync non-stop in which I did an update from the website v1.9.1 install.
Now,

How long is it sposse to take to get it fully synced?

I wish to start to transfer to this wallet. And yes,
I know I can start to transfer to the wallet immediately even without syncing but I do not operate any of my wallets this way and have always allowed them to sync to their respective blockchain(s) before transferring anything of significant value to them.

I thank you for any response to this.
As it seems you are the creator and primary proprietor of this project.

Atleast the way people are talking about you on this thread. Undecided

It took me one day to sync the wallet, but apparently it has a lot to do with HDD speed (not enough to have a good internet connection). I'm using an SSD, and it seems to influence the speed quite a lot (from the comments I've read).
It's apparently normal for it to take a long time, and I seem to recall that the developer (or someone else) was working on optimising it. Nothing you can do now but wait. (Or cancel the whole thing and start with the light wallet, which syncs in just a few minutes)
That might be the whole problem right there. Embarrassed
I am using an old hard drive from 2014 and it is slow compared to hard drive nowadays at least from early 2016 and onwards.
It is not an ssd and I think this is the sole reason why it is taking 5 days to get anywhere to being complete with the sync.
Thanks for letting me know it is the hard drive speed which influences the speed of the entire sync process.
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