Obyte: Totally new consensus algorithm + private untraceable payments - page 601.

bhokor

legendary

Activity: 966

Merit: 1000

Quote from: sinner on July 08, 2017, 03:33:33 PM

Quote from: Freefactomizer on July 08, 2017, 03:29:33 PM

It's not only about distribution model, Byteball is quite innovative and disruptive.

touché

Quote from: jackfruit on July 08, 2017, 03:29:43 PM

Gigabayte price in the market seems to be too high for those who are interested in investment to this project. I believe megabayte needs to be available on popular exchange services which will get more attention. Also, more reasonable prices will make it more attractive to Byteball. Although everyone talks about megabyte, i wonder whether or not blackbyte will enter to market soon? I suppose it is tradable just like other coins. Or am i missing a point here about Blackbyte?

totally agree.. buying 1000 $1 coins is much easier than buying 1 $1000 coin psychologically for many people.

is there a general consensus on price for blackbyte yet?

Well following the distribution model and quantity available blackbytes price should be the half of the Byteball , i really dont understand why no one exchange have listed this coin, i think it is a good oportunity to low and mid tiers exchanges to get some nice volume simply by listing it.

crpt777

newbie

Activity: 36

Merit: 0

Quote from: Freefactomizer on July 08, 2017, 03:27:52 PM

Quote from: keyboardwalking on July 08, 2017, 03:14:13 PM

Also can you link bittrex wallet by micropayment from the btc address and give your bittrex gbyte address?

No you can't, you must control the private key.

Quote from: crpt777 on July 08, 2017, 03:20:56 PM

Hi, help me please!

With the first type of the link, send transaction, how many Confirmations are needed for the balance to be read by http://transition.byteball.org/ ? And how often does the update go?

I already link my BTC address to the byteball address.

Now i send bincoin to this address. received 6 confirmations at this time.

Site http://transition.byteball.org/ check 0 balance. Site http://btc.blockr.io check my balance correct.

Do I need to worry? Or at the time of the snapshot all be alright?

If the balance is correct on block explorer then it should be fine.

should? or will be?
And if I do not touch in my wallet, next time in a month I need to make a link again?

sinner

hero member

Activity: 615

Merit: 500

Quote from: Freefactomizer on July 08, 2017, 03:29:33 PM

It's not only about distribution model, Byteball is quite innovative and disruptive.

touché

Quote from: jackfruit on July 08, 2017, 03:29:43 PM

Gigabayte price in the market seems to be too high for those who are interested in investment to this project. I believe megabayte needs to be available on popular exchange services which will get more attention. Also, more reasonable prices will make it more attractive to Byteball. Although everyone talks about megabyte, i wonder whether or not blackbyte will enter to market soon? I suppose it is tradable just like other coins. Or am i missing a point here about Blackbyte?

totally agree.. buying 1000 $1 coins is much easier than buying 1 $1000 coin psychologically for many people.

is there a general consensus on price for blackbyte yet?

kola-schaar

sr. member

Activity: 336

Merit: 260

Quote from: crpt777 on July 08, 2017, 03:20:56 PM

Hi, help me please!

With the first type of the link, send transaction, how many Confirmations are needed for the balance to be read by http://transition.byteball.org/ ? And how often does the update go?

I already link my BTC address to the byteball address.

Now i send bincoin to this address. received 6 confirmations at this time.

Site http://transition.byteball.org/ check 0 balance. Site http://btc.blockr.io check my balance correct.

Do I need to worry? Or at the time of the snapshot all be alright?

Distribution countdown: https://byteball.org/
The cause of your problem is here:
https://byteroll.com/change-address
1. Talk to the bot to be sure you've linked a BTC address.
2. Send all BTC to this address

jackfruit

sr. member

Activity: 416

Merit: 250

Gigabayte price in the market seems to be too high for those who are interested in investment to this project. I believe megabayte needs to be available on popular exchange services which will get more attention. Also, more reasonable prices will make it more attractive to Byteball. Although everyone talks about megabyte, i wonder whether or not blackbyte will enter to market soon? I suppose it is tradable just like other coins. Or am i missing a point here about Blackbyte?

Freefactomizer

full member

Activity: 346

Merit: 107

Quote from: sinner on July 08, 2017, 03:27:07 PM

theres gonna be a bunch of coins copying this distribution model

It's not only about distribution model, Byteball is quite innovative and disruptive.

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: keyboardwalking on July 08, 2017, 03:14:13 PM

Also can you link bittrex wallet by micropayment from the btc address and give your bittrex gbyte address?

No, when Bittrex sends out coins on your behalf, it most likely is not going to be from coins still in your deposit address.

Freefactomizer

full member

Activity: 346

Merit: 107

Quote from: keyboardwalking on July 08, 2017, 03:14:13 PM

Also can you link bittrex wallet by micropayment from the btc address and give your bittrex gbyte address?

No you can't, you must control the private key.

Quote from: crpt777 on July 08, 2017, 03:20:56 PM

Hi, help me please!

With the first type of the link, send transaction, how many Confirmations are needed for the balance to be read by http://transition.byteball.org/ ? And how often does the update go?

I already link my BTC address to the byteball address.

Now i send bincoin to this address. received 6 confirmations at this time.

Site http://transition.byteball.org/ check 0 balance. Site http://btc.blockr.io check my balance correct.

Do I need to worry? Or at the time of the snapshot all be alright?

If the balance is correct on block explorer then it should be fine.

sinner

hero member

Activity: 615

Merit: 500

theres gonna be a bunch of coins copying this distribution model

crpt777

newbie

Activity: 36

Merit: 0

Hi, help me please!

With the first type of the link, send transaction, how many Confirmations are needed for the balance to be read by http://transition.byteball.org/ ? And how often does the update go?

I already link my BTC address to the byteball address.

Now i send bincoin to this address. received 6 confirmations at this time.

Site http://transition.byteball.org/ check 0 balance. Site http://btc.blockr.io check my balance correct.

Do I need to worry? Or at the time of the snapshot all be alright?

keyboardwalking

full member

Activity: 224

Merit: 100

Also can you link bittrex wallet by micropayment from the btc address and give your bittrex gbyte address?

jokumat

sr. member

Activity: 249

Merit: 250

Quote from: holden.commodore on July 08, 2017, 02:01:59 PM

lol time to decrease btc - gbyte ratio to force this people to buy gbyte...any updates on that?

There should be no forcing in crypto

But seriously - 1 btc can buy 3 gigabytes, so you receive 0.6 gigabytes for your bitcoin. Free airdrop is about 0.06 gigabytes per Btc. So if you buy on the exchange you receive 10x more. How much more do you want to pump this coin without compromising such a beatiful distribution scheme??

CryptKeeper

legendary

Activity: 2044

Merit: 1055

Already more than 800,000 Bitcoin linked for the biggest airdrop of all times!
Don't miss your free Byteball coins + 20% bonus tomorrow (Sunday)!
The snapshot is on 9 July at 04:07 UTC

https://byteball.org

Please retweet: https://twitter.com/cryptkeeperbtt/status/883768196226060288

Freefactomizer

full member

Activity: 346

Merit: 107

Quote from: cryptocratic on July 08, 2017, 02:47:47 PM

So, to send blackbytes you need bytes for paying fee?

Yes only bytes can pay for transaction fee.

Freefactomizer

full member

Activity: 346

Merit: 107

Quote from: XbladeX on July 08, 2017, 02:46:07 PM

https://www.timeanddate.com/countdown/taxday?iso=20170709T0407&p0=1440&font=cursive

timer for you guys.
I have one bigger question here how i can check via command my lined btc accounts and their balances to byteball ?
I guess there should be some command to do it .

Just say hi to the transition bot, it will remind the balances of linked addresses.

cryptocratic

member

Activity: 81

Merit: 10

So, to send blackbytes you need bytes for paying fee?

XbladeX

legendary

Activity: 1302

Merit: 1002

https://www.timeanddate.com/countdown/taxday?iso=20170709T0407&p0=1440&font=cursive

timer for you guys.
I have one bigger question here how i can check via command my lined btc accounts and their balances to byteball ?
I guess there should be some command to do it .

n691309

legendary

Activity: 1526

Merit: 1001

Quote from: Michail1 on July 08, 2017, 02:25:05 PM

Quote from: n691309 on July 08, 2017, 02:15:59 PM

Byteball is getting a good support from the bitcoin community and I think that is one of the biggest one?(So many bitcoins linked to byteball). - - I have a question if I linked 2 byteball addresses will the first one "deactivated" or both of them will get invalidated?

It depends on how you link.

If you link the BTC address via TX to two diff byteball, then the BTC is ignored == No distribution.

However, if you link via TX and then via Sig (or sig and sig), then the newer link takes over and you get a link == You're part of the distribution.

If you're unsure, then simply link via Signature and your golden.

I have linked it via signature and then again now via signature so I assume the first one will get invalidated and the second one gets valid. But when I check on the transition.byteball.org the both byteball addresses shows that will receive the distribution from the same bitcoin address, is this possible or the website doesn't recognize which one to invalidate!

dfox101

hero member

Activity: 551

Merit: 500

Quote from: Michail1 on July 08, 2017, 02:20:23 PM

Quote from: dfox101 on July 08, 2017, 01:00:13 PM

is there an exchange trading blackbyte yet?

No exchange does BlackByte yet.
(And probably shouldn't since it's supposed to be anonymous.)

blackbytes are assets thus can be traded. Exchanges just need to pair with each wallet when doing transfer.

kola-schaar

sr. member

Activity: 336

Merit: 260

Quote from: n691309 on July 08, 2017, 02:15:59 PM

Quote from: onetwo12 on July 08, 2017, 01:26:40 PM

[img ]https://i.imgur.com/ZD75bK4.png[/img]
...

..
I have a question if I linked 2 byteball addresses will the first one "deactivated" or both of them will get invalidated?

These are valid and possible combinations:

(i.e. possible configurations: one-to-one relationship, 1:n relationship, multiple one-to-one relationship)

What is not listed here is valid:

Quote from: tonych on May 29, 2017, 10:47:45 AM

Inspired by my conversation with Aleš Janda (who is very knowledgeable in blockchain analysis and runs walletexplorer.com and chainalysis.com), there is a new rule for microtransaction-proven bitcoin addresses:

- if the address had more than 50 transactions in the last 3 days, it is rejected. Linking by signature is still possible.

Such frequent transactions are common for exchanges and other shared wallets, and the rule prevents its customers from linking the shared address by doing a withdrawal.

This adds to the other two rules that serve the same purpose:
- if the microtransaction has more than 2 outputs, it is rejected (with the exception of Electrum 2fa transactions that have 3 outputs), because exchanges often aggregate several withdrawals into a single transaction
- if the same address was already linked before by another user, the new link is rejected and the old link is canceled. This applies only to tx-proven addresses, and the reason for this rule is that for sufficiently popular exchanges, there will likely be more than one user who tries to cheat.

The two old rules were good enough at filtering large well known exchanges but a small number of addresses of smaller exchanges were still linked. The new rule is to filter them too.

Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 601. (Read 1234316 times)