Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 721. (Read 1234285 times)

Not as yet, it's still all OTC.

I agree with the first sentence.

I have read the OP many times. 
I can't see where it says the micropayment must be a 1or2 output transaction.

Not saying you're wrong, but I can't find where you see that as a rule.

is there a formal exchange for blackbyte?

NO.

Double the bonus.  Not double the balance.

Bonus was 10% of your balance.
Double the bonus is 20% of your balance.

I read few posts back that at next round we will receive double for holding bytes and blackbytes and bitcoin will give us normal ratio. It is good initiative to encourage people to keep holding their stakes. I was planning to hold anyway till the distribution ends. I also received tonight blackbytes as well.

This won't work. Exchanges include a sending as one output of the same multi-output transaction.

user1 withdraws micropyament to address1
user2 withdraws micropayment to address2
user3 withdraws micropayment to address3
.....

There will be only one transaction from the exchange that outputs to all the addresses the different users withdrew to.

The bot refuses to link any address whose micropayment is included in a transaction that has more than two outputs.

i see thar the value is very low, better to hold for now, anyway i can't sign on that slack channel, what is the team exactly, i need an invite perhaps?

Not true.
First, several exchanges reuse addresses with large amounts of coins.  Same for gambling sites using multisig accounts.  I can prove this with 100% certainty.

No one moves ALL the coins in an address as change to another.  If they did, there would be no reason to even change addresses.

An address having 100 coins normally isn't a single input.  So, if they send you 25 coins, then only the inputs needed to pay you are used and the change of those selected inputs go to a new address.  So, this leaves the majority of coins in the original address.

You forget a crucial detail: the exchange doesn't send the change back to the original address, it sends it to another address. When you withdraw for the second time, it comes from a different address.

Edit: valid points below.

What's the difference between Black Bytes and Normal Bytes? Is it works like darksend?

It's simple.
OP says that if the same address is linked to two different byteball accounts, then the BTC addy is blocked from both.  To fix this (cause you might have made a mistake or tried to claim an exchange address), you must register another BTC address and move the coins there.  (If it's an exchange address, then you can't possibly move all the coins to the newly registered address, unless you actually own them all and made a withdraw from the exchange).   That covers byteball from being hit for double airdrop and rightfully blocks the BTC addy to prevent a large number of people trying to claim exchange/gambling BTC addresses.

That said....
Yes, you can register an exchange address by the following method.
First, you know it's an address from an exchange (or even a gambling site), because you have coins on it.  You make a withdraw to yourself, so you see where it came from so you know how much is in it.    Now, setup a byteball wallet.  transition bot, you give it the address, and it says to send a small payment to an address.  On the exchange, you withdraw the specific amount to the byteball transition bot.  If the exchange uses that wallet to pay you (the bot), then the bot believes you own that address.   So, if no one else does this, then you just scored free bytes/blackbytes during that snapshot.

does anyone know when wallet maintenance on bittrex is completed?

Maybe updating to new version?

Blew out under deposit load?

Trex Wallet under Maintenance Any word why?

The BlackBytes are coming,just be patient

move your eyes a few centimetres up this thread and you will find the answer.

reading is cool and it portrays information.

Is there an exchange for blackbytes?

Because no one took the time to try to do it .


You can trade it Over-The-Counter, there's a blackbytes trading channel in Slack where people seem to trade blackbytes for bytes. There's also a blackbytes to btc trading channel in ydx.slack.com (Slack of Yassin, a reputable escrow). There's also this thread: https://bitcointalksearch.org/topic/byteballs-buying-selling-trading-1728405.



250M blackbytes is 0.25 GBB (GigaBlackByte), the highest buy order in Slack is 0.05 GB per GBB, so 0.25 GBB would be worth 0.0125 GB (for now).

It's not perhaps , that's the way the distribution works. There is no reason bytes in circulation would disappear, they might become inaccessible if one loses the seed or something. Anyway, each address that holds bytes will get credited in any round of the distribution.