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Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 608. (Read 1234316 times)

member
Activity: 81
Merit: 10
Guys, what about exchanges? They might link a lot of users' bitcoins which is not very fair condition.
legendary
Activity: 1288
Merit: 1012
Hello! I wanted to know if you have to relink your btc address for each round? Or if I have done it already in the last airdrop I can just use that one again?

Sorry if this has been asked.
No, Once is enough! But make sure your linked BTC address has balance. Wish I'd linked my BTC address from start of the airdrop. Undecided
legendary
Activity: 2324
Merit: 1039

UPDATE :

635157.46534311 btc linked  which will bring approx. : 39,697 gb

and we have 255,492gb in circulation which will bring : 51,098 gb more after airdrop

So

 255,492+51,098+39,697= 346,278 Gb in total in circulation after give away.

Yes that's 1/3 of all gbytes.

Yes i think in this rate we will have at least 4 more airdrops
.
full member
Activity: 203
Merit: 100
Hello! I wanted to know if you have to relink your btc address for each round? Or if I have done it already in the last airdrop I can just use that one again?

Sorry if this has been asked.

Just once.
sr. member
Activity: 534
Merit: 250
The Protocol for the Audience Economy
Hello! I wanted to know if you have to relink your btc address for each round? Or if I have done it already in the last airdrop I can just use that one again?

Sorry if this has been asked.
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
Does anyone know how many more of these sweet airdrops of byteball are going to happen?

probably at least 4+ but it depends on the rate of adoption
legendary
Activity: 2044
Merit: 1055
Over 630,000 Bitcoin linked for the biggest airdrop of all times!
Don't miss your Byteball free coins + 20% bonus


Please retweet: https://twitter.com/CryptKeeperBTT/status/883218969481674752
hero member
Activity: 1344
Merit: 656
... but have one question. ... but what about the Byteball snapshot? I have acquired a few and as I understand there are no blocks being generated like in Bitcoin so is that snapshot taken exactly at 4:07? If anyone know please let me know.

Your understanding is right, so yes the snapshot of the Byteball DAG will be taken at exactly 04:07 UTC on the 9th of July.
legendary
Activity: 1499
Merit: 1164
Hi everyone!
Great and friendly thread you have here. Have been reading a lot of it, but have one question. It seems the Bitcoin snapshot will be taken in the block after the full moon 4:07UTC, but what about the Byteball snapshot? I have acquired a few and as I understand there are no blocks being generated like in Bitcoin so is that snapshot taken exactly at 4:07? If anyone know please let me know.
Thanks so much!

The bitcoin snapshot IS for the byteball distribution.

The snapshot is the first block after 4:07 UTC.   Then given some time (in case of a reorg), then bytes will be sent out based on the snapshot.
legendary
Activity: 1499
Merit: 1164
Does anyone know how many more of these sweet airdrops of byteball are going to happen?

No.  It was expected about 4 more; however, with the number of bitcoin linked for the distribution growing so fast, it might be cut down unless the rate and bonus change.
newbie
Activity: 59
Merit: 0
Hi everyone!
Great and friendly thread you have here. Have been reading a lot of it, but have one question. It seems the Bitcoin snapshot will be taken in the block after the full moon 4:07UTC, but what about the Byteball snapshot? I have acquired a few and as I understand there are no blocks being generated like in Bitcoin so is that snapshot taken exactly at 4:07? If anyone know please let me know.
Thanks so much!
member
Activity: 178
Merit: 10
Does anyone know how many more of these sweet airdrops of byteball are going to happen?
legendary
Activity: 2142
Merit: 1010
Newbie
I decided to relaunch my headless node hoping it will continue syncing and now I'm watching this for several hours already:



How long can this last?

This time I was syncing from scratch periodically stopping and relaunching the software. All was good until I got the same problem again:



Is there a way to solve it?

PS: As an alternative I might try to use a remote node with enabled RPC, is there such the node?
legendary
Activity: 1499
Merit: 1164
very good idea and very interesting project , but i don't have any BTC in wallet .so i think i can't get the byteball

You can buy byteball just like you can buy BTC.
legendary
Activity: 1240
Merit: 1001
Thank God I'm an atheist
I've noticed that many more BTCs have been linked for this round and that the adoption rate is therefore happily growing. Let's hope that the newcomers learn from the past price action and don't dump their free Bytes. Anyone who did dump in the past has good reasons to regret now.

Your community members are doing a good job spreading the word.  Wink I think I'll HODL for a bit. Although I am sure the 59 MB that I'll be getting really wouldn't effect the market much. Maybe I'll buy some GB two weeks after the airdrop.

If you want to buy best time is just after the airdrop, when all lamers dump and price goes down
full member
Activity: 346
Merit: 107
how do you do cold storage for byteball?

i suppose i could just run the byteball software on an air-gapped offline machine to generate keys?

For good security have at a look at multi-device wallet, it's a nicely feature of Byteball. You can choose a combinaison of signatures required for an address you created, for example 2 of 3 signatures from your desktop computer, tablet and smartphone. This way an attacker would have to hack several of your devices to steal your money, that makes things a lot harder.

I am very interested in joining the snapshots before they end. I wanted to also ask, is it a good idea to purchase some form Bittrex also and place in the wallet? Will I receive more Byteballs if I hold some in my wallet also or I must just have Bitcoin? Also do I need to have the wallet open to receive the coins or it does not matter? Thank you in advance for your answers.

You will receive 0,2 bytes per byte you own during airdrop. You don't necessary need to keep the wallet open to receive the coins.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
My only concern with Byteball is what happens after the last distribution round? I think the frequent high airdrops are the main incentive to hold this coin and have encouraged a lot of Whales to hold in the interim.  It seems a massive selloff after the last round is unavoidable and I wonder where the project/price will go from there.
I used to think this too, until I read the exact opposite: after the airdrops stop, the only way to get Bytes is to buy them.
There are arguments for going either way.
As far as I know no other coin has an airdrop schedule like Byteball has. That makes me very curious how it is going to develop. I have high hopes, so far Tony is holding 1% ($9 million now), and considering the good job he did so far, I believe he thought this through too.
full member
Activity: 346
Merit: 107
My only concern with Byteball is what happens after the last distribution round? I think the frequent high airdrops are the main incentive to hold this coin and have encouraged a lot of Whales to hold in the interim.  It seems a massive selloff after the last round is unavoidable and I wonder where the project/price will go from there.

Since it's extremely easy to create assets running on Byteball, be sure it will be used at least for ICO. There is already one in China: https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=fr&ie=UTF-8&u=http%3A%2F%2Fibank.one%2F&edit-text=&act=url
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
My only concern with Byteball is what happens after the last distribution round? I think the frequent high airdrops are the main incentive to hold this coin and have encouraged a lot of Whales to hold in the interim.  It seems a massive selloff after the last round is unavoidable and I wonder where the project/price will go from there.

thats what i thought at the start but after using byteball and seeing how good it is (better than bitcoin ,ethereum and monero combined)
im not worried about that at all

its only a matter of time before its listed at exchanges larger than bittrex and the price will reach bitcoin parity and keep going

ive been buying coins since 2011 and byteball is the most impressive and easy solution to use ive seen yet

also the unit of accounting will be changed from gbyte to mbyte and this will make it appear cheaper to the masses

only an idiot would sell his free gbytes imo and thankfully there are plenty of those so i can buy MOAR !
sr. member
Activity: 303
Merit: 250
very good idea and very interesting project , but i don't have any BTC in wallet .so i think i can't get the byteball
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