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Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 965. (Read 1234271 times)

hero member
Activity: 868
Merit: 1003
Looked at Coinmarketcap, Byteball with 10% distributed coins ranked at #56:
http://coinmarketcap.com/currencies/byteball/

If all 100% coins are counted, it will be at #15, very good for a new coin like byteball.
sr. member
Activity: 243
Merit: 250
It seems like distribution schemes for new cryptocurrencies are just getting worse and worse.
legendary
Activity: 3136
Merit: 1116
I don't use slack, that's why I asked for someone to tell me about how much blackballs are going for, and if it's more or less than whiteballs.
legendary
Activity: 2044
Merit: 1055
FYI:

There is a slack channel #trading for Bytes and #trading_blackbytes for Blackbytes, please go there if you want to buy, sell, exchange Bytes and Blackbytes or want to speculate about the price!  Grin

There's also an automated order book at #book (Bytes asks and bids only):
Quote
List of commands:
ASKS
BIDS
ASK
BID
REMOVE ASK
REMOVE BID

Please keep this in mind for your own safety:

Quote
Little guide for Byteball trading

This slack channel is for discussing Byteball trading and for organizing such trades. Please be aware that at the moment, the only way to trade safely is through a reputable escrow middleman! Even if you think you know the guy who you want to trade with, you should better trade through an escrow! We've already seen lots of scammers who try to impersonate well-known community members. So proceed with due diligence and always make sure that you are dealing with the right person, especially your escrow middleman. Only use registered escrow services and compare the usernames and bitcoin addresses carefully before you send someone your precious coins!

Registered escrow services:

@yassinnxt
Registered escrow bitcoin address: 153tSmxbKfby652LUyYdYEZhoxY9RzHYrz
Fee: 1% in BTC (from Byteball buyer)
(approx. 2700 BTC escrowed so far)

@seccour
Registered escrow bitcoin address: 1Hx3kxKbYyNgGyqzLB5Qw8BA8dZbuu1Xjn
Fee: none (tips accepted)
(over 500 BTC escrowed so far)

@martis
Registered escrow bitcoin address: 1pMPHbinYokoXEDav5J3tkto14rxBSwx9
Fee: 1% in BTC (split 50/50 between buyer and seller)

Get your slack invite here: http://slack.byteball.org/
legendary
Activity: 2156
Merit: 1070
When can we expect to trade BB on an exchange?

It's traded on https://cryptox.pl and the experiences of the byteball community are very good with this young exchange!

Is there an OTC exchange for blackballs? Any reports on how much they're going for relative to whiteballs?

I sold 1000 GB of Black for 250 GB of white.  I think that probably made the market.
legendary
Activity: 3136
Merit: 1116
When can we expect to trade BB on an exchange?

It's traded on https://cryptox.pl and the experiences of the byteball community are very good with this young exchange!

Is there an OTC exchange for blackballs? Any reports on how much they're going for relative to whiteballs?
legendary
Activity: 2044
Merit: 1055
When can we expect to trade BB on an exchange?

It's traded on https://cryptox.pl and the experiences of the byteball community are very good with this young exchange!
newbie
Activity: 47
Merit: 0
When can we expect to trade BB on an exchange?
hero member
Activity: 868
Merit: 1003
Next distribution is going to be 1/5 or so compared to  first one, so unlikely it will affect the price a lot. A price will be manipulated by wales who got a lot of bytes during first round.

So only 20,000 GB will be distributed?

Probably less. If all GB from the first round is on linked addresses, 10 000 GB will be distributed to the GB holders. Plus, for each linked BTC, 62.5 MB will be distributed; if the linked BTC stays at 70 000 BTC, that's only 4 375 GB.

So the Gbytes which were received in the first round need to be actively linked to receive 10% in the second round? I thought this was automatic according to everyones balance...
 

Me too. If I don't have no bitcoins, it does not make sense to link my byteball address. I should receive bytes according to my current balance at current address. Let's wait for clarifications from tonych.

Sure, tonych is the right one to clarify this. But there is another consideration to make: if BB will be sent to ALL addresses, a lot of them will be received by exchanges (well, currently the only exchange - cryptox.pl), which doesn't sound like a particularly right thing Smiley

Exchanges should distribute the BBs to individual accounts. I don't think we need to link byteball's address, it is automatic. All the linked bitcoin addresses should still be valid for the second round, this is my understanding...
legendary
Activity: 2576
Merit: 1073
Next distribution is going to be 1/5 or so compared to  first one, so unlikely it will affect the price a lot. A price will be manipulated by wales who got a lot of bytes during first round.

So only 20,000 GB will be distributed?

Probably less. If all GB from the first round is on linked addresses, 10 000 GB will be distributed to the GB holders. Plus, for each linked BTC, 62.5 MB will be distributed; if the linked BTC stays at 70 000 BTC, that's only 4 375 GB.

So the Gbytes which were received in the first round need to be actively linked to receive 10% in the second round? I thought this was automatic according to everyones balance...
 

Me too. If I don't have no bitcoins, it does not make sense to link my byteball address. I should receive bytes according to my current balance at current address. Let's wait for clarifications from tonych.

Sure, tonych is the right one to clarify this. But there is another consideration to make: if BB will be sent to ALL addresses, a lot of them will be received by exchanges (well, currently the only exchange - cryptox.pl, but others could join too before the second round), which doesn't sound like a particularly right thing Smiley
hero member
Activity: 715
Merit: 500
What was the distribution ration in the first round per 1btc? For some reason can't find it.

do your own math:

100.000 GB were distributed with over 70.000 linked BTC!

Greetz
Steve

Thanks, will dust off the old calculator. But seriously that's a pretty large sum for distribution in first round, 700mb per BTC, compared to a second round of just 65mb per BTC
sr. member
Activity: 546
Merit: 250
Find funds for the micropayment is possible.
You could just use the signature.
Nothing prevents bind blank address.
But compliance with the rules there is something more than the rules themselves  Grin
yvv
legendary
Activity: 1344
Merit: 1000
.
Next distribution is going to be 1/5 or so compared to  first one, so unlikely it will affect the price a lot. A price will be manipulated by wales who got a lot of bytes during first round.

So only 20,000 GB will be distributed?

Probably less. If all GB from the first round is on linked addresses, 10 000 GB will be distributed to the GB holders. Plus, for each linked BTC, 62.5 MB will be distributed; if the linked BTC stays at 70 000 BTC, that's only 4 375 GB.

So the Gbytes which were received in the first round need to be actively linked to receive 10% in the second round? I thought this was automatic according to everyones balance...
 

Me too. If I don't have no bitcoins, it does not make sense to link my byteball address. I should receive bytes according to my current balance at current address. Let's wait for clarifications from tonych.
sr. member
Activity: 504
Merit: 250
Next distribution is going to be 1/5 or so compared to  first one, so unlikely it will affect the price a lot. A price will be manipulated by wales who got a lot of bytes during first round.

So only 20,000 GB will be distributed?

Probably less. If all GB from the first round is on linked addresses, 10 000 GB will be distributed to the GB holders. Plus, for each linked BTC, 62.5 MB will be distributed; if the linked BTC stays at 70 000 BTC, that's only 4 375 GB.

Not sure why next distribution is much less, shouldn't we distribute each time 10% then it will still need 10 times distribution? otherwise it will be too slow to distribute.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
Next distribution is going to be 1/5 or so compared to  first one, so unlikely it will affect the price a lot. A price will be manipulated by wales who got a lot of bytes during first round.

So only 20,000 GB will be distributed?

Probably less. If all GB from the first round is on linked addresses, 10 000 GB will be distributed to the GB holders. Plus, for each linked BTC, 62.5 MB will be distributed; if the linked BTC stays at 70 000 BTC, that's only 4 375 GB.

well big exchanges look a long time away then.... can't see them listing with a single entity controlling the vast bulk
sr. member
Activity: 427
Merit: 250
Next distribution is going to be 1/5 or so compared to  first one, so unlikely it will affect the price a lot. A price will be manipulated by wales who got a lot of bytes during first round.

So only 20,000 GB will be distributed?

Probably less. If all GB from the first round is on linked addresses, 10 000 GB will be distributed to the GB holders. Plus, for each linked BTC, 62.5 MB will be distributed; if the linked BTC stays at 70 000 BTC, that's only 4 375 GB.

So the Gbytes which were received in the first round need to be actively linked to receive 10% in the second round? I thought this was automatic according to everyones balance...
 
hero member
Activity: 1344
Merit: 656
Next distribution is going to be 1/5 or so compared to  first one, so unlikely it will affect the price a lot. A price will be manipulated by wales who got a lot of bytes during first round.

So only 20,000 GB will be distributed?

Probably less. If all GB from the first round is on linked addresses, 10 000 GB will be distributed to the GB holders. Plus, for each linked BTC, 62.5 MB will be distributed; if the linked BTC stays at 70 000 BTC, that's only 4 375 GB.
legendary
Activity: 1611
Merit: 1001
Does it make sense that the price will be cut in half after the next distribution?

Next distribution is going to be 1/5 or so compared to  first one, so unlikely it will affect the price a lot. A price will be manipulated by wales who got a lot of bytes during first round.



So only 20,000 GB will be distributed?
yvv
legendary
Activity: 1344
Merit: 1000
.
Does it make sense that the price will be cut in half after the next distribution?

Next distribution is going to be 1/5 or so compared to  first one, so unlikely it will affect the price a lot. A price will be manipulated by wales who got a lot of bytes during first round.
legendary
Activity: 1611
Merit: 1001
Does it make sense that the price will be cut in half after the next distribution?
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