Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 619. (Read 1234316 times)

Tech support for old grandmothers does not belong in this thread.

But anyway, you first check, and double-check that your computer has all the cables attached, back in the day people called it wires, look for those, they are many all should be attached. Also tell your dog to stop running around your computer when you are trying to computer.

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?

Version 1.9.1 released https://github.com/byteball/byteball/releases

* Android app now displays balance almost immediately after starting
* Hide balance before the password is entered when starting a password-protected wallet
* Bugfix: smart wallets created based on other smart wallets are now visible
* Bugfix: when using "Send all" sometimes the wallet was sending only part of the balance
* Bugfix: sync could become stalled if sending a new transaction while still syncing
* Additional checks to prevent creation of unspendable addresses which occasionally happened on some Android devices
* Ability to re-send private payloads to other co-signers on multisig wallets
* Ability to delete multisig wallet whose creation was not finished
* Sync progress is now displayed as date (percentages caused confusion for many users)
* Multiple UI improvements
* Multiple small bugfixes
* Small performance improvement
* Improved translations

Special thanks to @CorePrime95 for multiple UI improvements and bugfixes.

@tonych, Hi, recently I did a BB transaction via light client, v 1.9.0. As it was expected the remaining  fund (f=f1+f2) has been split between two addresses i.e ADDR1 (f1) and  ADDR2(f2).  I have decided to consolidate all of it on ADDR1, but after  choose "Send all" option and click "Send" nothing happened in sense that fund  again was split  between ADDR1 (f1) and ADDR2(f2). I have repeated the same once more but the result was exactly similar. So I look on transaction and found that it was that really happened ADDR(f1) ==> ADDR(f1) (transaction)  and ADDR(f2) = ADDR2(f2) (which means no transaction). Then I did the following : choose Amount, put into Amount field   f1 + f2  (in fact a bit smaller to take into account the fee), choose ADDR1 and Send. With this procedure I have finally got ADDR1 (f1+f2). So conclusion: the "Send all"  does not function properly in    v 1.9.0. With previous client's version there was no such problem

I have installed Byteball on my Android device but when I try to communicate with the bot, it never responds. Struck here from 2 days now, no bots reply to anything. Can anyone tell me how it works.?

Is there a way to see all your addresses inside a lite wallet?

Sorry for not reading all, I have an easy question: Is this coin at least as anonymous/private as the cryptonote coins (Monero & Co)?
Thank you.

   July 9, 2017 at 04:07 UTC

First, let's discuss the main problems with Iota vs Byteball:

1)  Anti-spam PoW (unprofitable PoW) for emails was entirely designed for one-offs.  You put in some labor and the state changes from 0 to 1 once it's been satisfied and this information is now meaningless and can be thrown away afterwards.  Satoshi decided that in order to chain the past to the future in a continous ledger, he would need to create a linked list with a get rich quick scheme built on top of it, otherwise there are no incentives for the burden associated with the cost of holding this data forever.  

It seems like IOTA was invented (unprofitable PoW) while ignoring everything Satoshi learned needed to be utilized in order to launch the bitcoin scheme.  True, Iota could utilize a form of pruning, thus correcting the incentives problem and dragging it back to more like email PoW in nature, but then you have a very fragile, unsound money system with no valid form of state recovery if it goes down.

I'm not saying bitcoin is sound money, because it's not.  It doesn't function as a store of value due to price floor being recursive based on it's own demand, meaning you can always mine an endless stream of coins as transaction fees at the new floor and the floor can crater to nothingness at any time unless bitcoin was the unit of account of something (but it never will be since it doesn't function as a store of value - chicken and egg scenario).

Most attempts to increase bitcoin scalability in altcoins, and thus lower redundancy, seem to make it even less sound money where you can no longer trick people into believing it's money at all.  People will see how fragile they are and treat them as they should be, just as a throwaway currency like airline miles instead of pretending they are a valid store of value like gold or silver.

As for Byteball:

2)  Is there really a purpose in a, hmm how to describe it in general, a branching/multi-threaded/non-linear system like a DAG if you're just using bitshares-style consensus to force convergence and make it linear in a single path again?