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Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 845. (Read 1234271 times)

hero member
Activity: 798
Merit: 1000
To protect those who didn't upgrade fast enough, I'll update the default hub to refuse connections from clients that run an old version.

This is now done.
If you run a your own hub, please upgrade it too.
thx!  Smiley
legendary
Activity: 965
Merit: 1033
To protect those who didn't upgrade fast enough, I'll update the default hub to refuse connections from clients that run an old version.

This is now done.
If you run a your own hub, please upgrade it too.
sr. member
Activity: 378
Merit: 250
If I was a newcomer I would prefer buying byteballs and link them more than link any btc address because the ratio is much better for byteball holders.
Linking BTC was good in the first round unless you have a huge pile.

I didn't realise this.

So hold on.

If someone linked in the first round 10 BTC and got x amount of bytes.

If they just left both the btc wallet and bb wallet as is this is not optimal for each round to get more bytes and black bytes?
This is optimal to receive bytes, but to also be optimal when receiving blackbytes, one should have talked to transition bot and "linked" the Bytes address, it is according to how many bytes you have at a certain address or more byteball-addresses, that many blackbytes you receive.

BTC linked address  gives you => Bytes

Not doing anything since linking it once, the link stays, all is good.

Bytes at 1 or more Byteball-addresses gives you also => blackbytes.
legendary
Activity: 965
Merit: 1033
Important security update 1.5.1 https://github.com/byteball/byteball/releases

It removes a XSS vulnerability that allowed remote code injection via specially constructed chat messages.  Thanks @portabella for discovering the bug.
The update also includes a minor performance improvement.

Upgrade is mandatory.

To protect those who didn't upgrade fast enough, I'll update the default hub to refuse connections from clients that run an old version.
sr. member
Activity: 336
Merit: 260
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
If I was a newcomer I would prefer buying byteballs and link them more than link any btc address because the ratio is much better for byteball holders.
Linking BTC was good in the first round unless you have a huge pile.

I didn't realise this.

So hold on.

If someone linked in the first round 10 BTC and got x amount of bytes.

If they just left both the btc wallet and bb wallet as is this is not optimal for each round to get more bytes and black bytes?
sr. member
Activity: 770
Merit: 251
live the dream but don't live the dream
When I understand correctly, then conditional payments are like smart contracts, right? It is just another name for it isn't it?

Conditional payments is an application based on smart contracts.
I want to ask
How can I get if my bitcoin balance existing in the wallet for 1btc
how to calculate the distribution amount byteball do we get?

The distribution rules:

BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.1 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.21111 blackbytes

so do we have to do anything to get the 0.1 per 1 byte on Byteball addresses or do all byteball addresses get credited automatically?

all byteball addresses will be get credited automatically.

linking is only necessary to get blackbytes.

Only to the extent that ?
we just connect wallet byteball  with our bitcoin wallet
sr. member
Activity: 1932
Merit: 288
When I understand correctly, then conditional payments are like smart contracts, right? It is just another name for it isn't it?

Conditional payments is an application based on smart contracts.
I want to ask
How can I get if my bitcoin balance existing in the wallet for 1btc
how to calculate the distribution amount byteball do we get?

The distribution rules:

BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.1 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.21111 blackbytes

so do we have to do anything to get the 0.1 per 1 byte on Byteball addresses or do all byteball addresses get credited automatically?

all byteball addresses will be get credited automatically.

linking is only necessary to get blackbytes.
jr. member
Activity: 36
Merit: 2
When I understand correctly, then conditional payments are like smart contracts, right? It is just another name for it isn't it?

Conditional payments is an application based on smart contracts.
I want to ask
How can I get if my bitcoin balance existing in the wallet for 1btc
how to calculate the distribution amount byteball do we get?

The distribution rules:

BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.1 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.21111 blackbytes


so do we have to do anything to get the 0.1 per 1 byte on Byteball addresses or do all byteball addresses get credited automatically?
full member
Activity: 144
Merit: 100
I think this is a new coin with new features.

"1% I reserve for myself"

Do we have to believe if you only get 1%?  Grin

Everything about the distribution is as transparent as possible. Simply add the coins given out for free and after the last round of distribution you will see that there are only 2% left in the developers wallet (1% for new wallets and 1% for himself). Check transition.byteball.org for details about the linked addresses.

What rules for 1% for new wallets? Has that started?
hero member
Activity: 812
Merit: 500
How to convert blackbytes to byteball?
legendary
Activity: 2310
Merit: 1422
If I was a newcomer I would prefer buying byteballs and link them more than link any btc address because the ratio is much better for byteball holders.
Linking BTC was good in the first round unless you have a huge pile.
legendary
Activity: 2044
Merit: 1055
When I understand correctly, then conditional payments are like smart contracts, right? It is just another name for it isn't it?

Conditional payments is an application based on smart contracts.
I want to ask
How can I get if my bitcoin balance existing in the wallet for 1btc
how to calculate the distribution amount byteball do we get?

The distribution rules:

BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.1 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.21111 blackbytes
legendary
Activity: 2044
Merit: 1055
I think this is a new coin with new features.

"1% I reserve for myself"

Do we have to believe if you only get 1%?  Grin

Everything about the distribution is as transparent as possible. Simply add the coins given out for free and after the last round of distribution you will see that there are only 2% left in the developers wallet (1% for new wallets and 1% for himself). Check transition.byteball.org for details about the linked addresses.
legendary
Activity: 2044
Merit: 1055

Quote
Quote
- Blackbytes balance of receiver wallet is splitted in GBB in main wallet +  GBB "Also" in smart wallet, why not total amount ?
Because spending of smart wallet is constrained by the smart contract conditions.  You might be not able yet or already not able to spend from it.
If you can spend from it, you move its balance to your main wallet, this is the 3rd and final transaction.

what happen if the third transaction is undone?

What do you mean undone?

Sorry i mean , what will happen if the blackbyte side (the receiver of GBB) don't send coins from smart wallet to main wallet? i.e. if there is not the right amouont of amount of bytes to cover fees

The smart wallet will stay forever until you withdraw the coins.
sr. member
Activity: 444
Merit: 250
blakcbytes u cant trade nor they have value - useless

i understand how they work but this coin is not BTC to make them worth anything

Then you better stick with BTC byteball doesn't need you here.
sr. member
Activity: 1932
Merit: 288
blakcbytes u cant trade nor they have value - useless

i understand how they work but this coin is not BTC to make them worth anything

sooner or later btc needs replace.

why not byteball or similar?  Smiley
legendary
Activity: 1526
Merit: 1000
the grandpa of cryptos
blakcbytes u cant trade nor they have value - useless

i understand how they work but this coin is not BTC to make them worth anything
sr. member
Activity: 374
Merit: 250
I changed my computer from linux to windows and installed Byteball.  How can I transfer my BlackBytes to the new Byteball installation on Windows?  I have the byteball folder from the home directory on the linux installation.

blackyblack [10:03 PM]
@bitwonder to receive GBB if you do not have any try doing it this way: start a chat with paired device, click INSERT ADDRESS in chat menu, now the owner of the blackbytes can click your address and he will see an option to send blackbytes to you

Isn't there a way I can transfer them from a backup or from the config files on the old computer?  The old computer with blackbytes is disconnected from network and I reconstructed my address using my seed on the new pc.

from what i know you can only recover blackbytes is from a full backup . yes you can if your is full backup

download the new version 1.5 wallet, there is a function: settings > restore from full backup

using your seed can only recover white bytes not black
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