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Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 802. (Read 1234271 times)

sr. member
Activity: 378
Merit: 250
so what's the block time of byteball?

and how can we scalable the TPS?

or what's the maximum TPS?

thank you very much
See a few tens of pages back please these questions have been discussed and answered.
full member
Activity: 266
Merit: 100
so what's the block time of byteball?

and how can we scalable the TPS?

or what's the maximum TPS?

thank you very much
legendary
Activity: 2142
Merit: 1010
Newbie
A hub can do that, but if a unit (transaction) has more than 1 mutation its invalid. Only when 1 witness is replaced by others as well, when the new witness has posted enough stamps, the "stability point" can be moved forward, and then the next witness replaced.

In other words, if you replace one witness with yourself and I replace another witness with myself we'll split the network into two halves. There will be 50% of users behind your choice and 50% of users behind my choice. And of course, I will never accept you as a witness and you will never accept me. Looks like the consensus will diverge for indefinite period of time in this scenario.
hero member
Activity: 608
Merit: 500

Are you worried about the security of the linking process for BTC?
Coinbase cold storage is supported.
https://bitcointalk.org/index.php?topic=1608859.6240

Hardware wallets (i.e. Ledger Nano S, Trezor) are supported.
Tutorial Ledger Nano S
https://bitcointalksearch.org/topic/m.17259024
Tutorial Trezor
https://bitcointalksearch.org/topic/m.17114185

For questions or problems ask the helpdesk: http://slack.byteball.org/

lol that Coinbase user is going to be pretty disappointed that they didn't read carefully about the # of BTC linked to it in the chatbot.  Coinbase storage doesn't use individual wallets it goes to a pool of wallets so the address you sign from has it's balance swept.

The only wallets that have the actual BTC kept at that address on Coinbase are the multisignature vault addresses and you can't sign from a multisignature address.

The distribution only works with signature method via a non-multisig address that you control the private keys to.  

The byteball chat bot will tell you how many BTC are in your linked addresses, and if you link a Coinbase address you'll see that it actually shows no balance.  But I guess they'll find out the hard way soon enough.

legendary
Activity: 2165
Merit: 1002
Could someone tell me if it works with electrum cliet instead of bitcoin core?

Can you sign a message with electrum? Cheesy

So yes, yes it does work ;p    (i used electrum)

or maybe i troll you and say you have to download a 50GB blockchain to participate  Grin (you dont, electrum works, as i said above)

Its actually over 100 GB by now!
sr. member
Activity: 336
Merit: 260

Are you worried about the security of the linking process for BTC?
Coinbase cold storage is supported. (See the posting of testerx below..)
https://bitcointalk.org/index.php?topic=1608859.6240

Hardware wallets (i.e. Ledger Nano S, Trezor) are supported.
Tutorial Ledger Nano S
https://bitcointalksearch.org/topic/m.17259024
Tutorial Trezor
https://bitcointalksearch.org/topic/m.17114185

For questions or problems ask the helpdesk: http://slack.byteball.org/

Edit: See the posting of testerx below..
full member
Activity: 190
Merit: 101
This has probably already been asked, but...

What can I do with byteballs that I can't do with blackbytes? I realize blackbytes have superior privacy. What do byteballs do 'superior' to blackbytes?

The byteballs take part in the upcoming distributions. Depending on how many rounds there will be, the amount of Bytes you hold will multiply by themselves.
hero member
Activity: 1358
Merit: 635
Is there ane trick to speed up the sync? I guess config file needs the strings relavant to  extra nodes. Is it correct?
full member
Activity: 260
Merit: 100
https://i.imgur.com/anpUpg7.jpg
if i have more addresses in my wallet, can i get Bytballs in my each addresses at the snapshot?
sr. member
Activity: 378
Merit: 250

The witness-list can be pulled from any hub, its a centralization/convenience exactly if you as user dont want to care but trust a hub-owner to keep up to date and do the choices for you. If you do want power and control you still have it though.


What if a malicious hub owner pushes its own list of Witnesses ? Isn't it a security threat ?

Still not clear to me the "witness mecanism" of the network. Maybe I have to go seriously to the white paper... (RTFM)
A hub can do that, but if a unit (transaction) has more than 1 mutation its invalid. Only when 1 witness is replaced by others as well, when the new witness has posted enough stamps, the "stability point" can be moved forward, and then the next witness replaced. Exactly how this works is in the whitepaper, do RTFineManual.

There are some small rules, which need to be followed, the worse which happens if someone doesnt follow the rules, those transactions are invalid, its like sending malformed data.
sr. member
Activity: 510
Merit: 260

The witness-list can be pulled from any hub, its a centralization/convenience exactly if you as user dont want to care but trust a hub-owner to keep up to date and do the choices for you. If you do want power and control you still have it though.


What if a malicious hub owner pushes its own list of Witnesses ? Isn't it a security threat ?

Still not clear to me the "witness mecanism" of the network. Maybe I have to go seriously to the white paper... (RTFM)
hero member
Activity: 1073
Merit: 666
This round of distribution will distribute similar amount as the last 2 rounds?
newbie
Activity: 33
Merit: 0
Thank you for a quick response Wink
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
Could someone tell me if it works with electrum cliet instead of bitcoin core?

Can you sign a message with electrum? Cheesy

So yes, yes it does work ;p    (i used electrum)

or maybe i troll you and say you have to download a 50GB blockchain to participate  Grin (you dont, electrum works, as i said above)
newbie
Activity: 33
Merit: 0
Could someone tell me if it works with electrum cliet instead of bitcoin core?
legendary
Activity: 1073
Merit: 1000
So if I have BTC on Poloniex and if I cannot transfer them before 11april due to daily transaction limit of 25KUSD, can I link my poloniex BTC address or is it useless ?

afaik u can't use an exchange addresses.

Confirmed. Anyways, if you transfer them out now, you can get 75k worth in the distribution which is a lot already.
sr. member
Activity: 1932
Merit: 288
So if I have BTC on Poloniex and if I cannot transfer them before 11april due to daily transaction limit of 25KUSD, can I link my poloniex BTC address or is it useless ?

afaik u can't use an exchange addresses.
legendary
Activity: 1291
Merit: 1000
This has probably already been asked, but...

What can I do with byteballs that I can't do with blackbytes? I realize blackbytes have superior privacy. What do byteballs do 'superior' to blackbytes?
sr. member
Activity: 338
Merit: 250
So if I have BTC on Poloniex and if I cannot transfer them before 11april due to daily transaction limit of 25KUSD, can I link my poloniex BTC address or is it useless ?
member
Activity: 147
Merit: 92
Your post inspired me to take a closer look into Byteball's database schema and I wrote a little Python script to request the underlying sqlite database. It returns  data junks in Json format. I put it in my Github repo. Feel free to use and extend it.

https://github.com/ptrk01/ByteballPy

I am just playing a little bit around with Byteball and I am wondering if there is an API I can use to access DAG data on localhost? Couldn't find any information on the web.

There is no documentation yet but you can read the DAG data by accessing the sqlite database directly.  You can learn something about its structure from https://github.com/byteball/byteballcore/blob/master/byteball-sqlite.sql
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