Author

Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 968. (Read 1234271 times)

legendary
Activity: 2576
Merit: 1073
ok i managed to do it, now it tells me "could not send payment: not enough spendable funds from ..." does it mean i have to have bytes in order to send blackbytes? if so how much?

There was a discussion:

https://bitcointalk.org/index.php?topic=1608859.3060
and
https://bitcointalk.org/index.php?topic=1608859.3080

short:
CryptKeeper: "Yes, from my experience it's about 1500 Bytes per tx."

Yesterday we've made few tests with sending BlackBytes, it turned out for transactions of around 30K and 60K the fee is the same - exactly 699 Byteballs. Didn't test bigger TXes though. Looks like fee would depend on size, but not much.
Took about 20 minutes to confirm transactions btw...
yvv
legendary
Activity: 1344
Merit: 1000
.
Maybe I have missed this,

but is there actually already a way to spend Bytes and use the database?
(...)

Also interested in documentation on this functionality

Judging by the zero replies, I assume that, at this point in time, there are no byteball-based applications or services.
Any announcements I may have missed, anything in the pipeline? Not that I can find anything on byteball.org...

Shouldn't (early) applications play a role in the discussion of potential value and distribution schemes?

No, there no applications on main net yet. There are few example bots on test net. I hope, some applications on main net are coming soon. Tonych is not very active on this thread since after  distribution, I guess he is cocking something to surprise us.
sr. member
Activity: 378
Merit: 250
All blackbytes are already distributed, there is not 2.1111 times more blackbytes than bytes, their limit is the same 2^15, but blackbytes had to be distributed all at once. Guess why.

Rest of rounds will consist of distributing only bytes.
sr. member
Activity: 336
Merit: 260
i think blackbytes value will be 10x more high than whitebytes.
Cause it's 100% anon and only sender and receiver could see amount.


Well if you believe so you get mine. I will offer you 4 BlackByte for 1 Byteball from you.

Same here. I would offer 4 BlackByte for 1 Byteball as well.

Does not sound blackbyte is valuable. If I understand, the ratio of blackbyte to byteball is 2.11 so the transfer rate should be 2.11 blackbyte to 1 byteball. I am wondering why there's no exchange for blackbytes.

In the distribution phase, bytes are more valuable. Because we will have one or more rounds with “more power”:
*62.5 MB for every 1 BTC of proven balance and
*1 new byte for every 1 byte of proven balance

Blackbytes do not play a role at this very early stage, but they will be much more useful later on.
#page 3
Privacy. … Transactions in bytes (the base currency) in Byteball are equally visible, but there is a second currency (blackbytes), which is significantly less traceable..

The one or the other may take a credit to get more bytes (or borrows some BTC)…
The interest he pays with the sale of Blackbytes ..
Or you can change Bytes/ Blackbytes 1:4 ..

.. I'm sure there are 100 more ways to speculate  Smiley
legendary
Activity: 1206
Merit: 1000
Seems that an excellent alternative to a major exchange, for the time being, would be for Erik Voorhees to add byteball to Shapeshift.
sr. member
Activity: 307
Merit: 252
sr. member
Activity: 336
Merit: 260
ok i managed to do it, now it tells me "could not send payment: not enough spendable funds from ..." does it mean i have to have bytes in order to send blackbytes? if so how much?

There was a discussion:

https://bitcointalk.org/index.php?topic=1608859.3060
and
https://bitcointalk.org/index.php?topic=1608859.3080

short:
CryptKeeper: "Yes, from my experience it's about 1500 Bytes per tx."
sr. member
Activity: 307
Merit: 252
ok i managed to do it, now it tells me "could not send payment: not enough spendable funds from ..." does it mean i have to have bytes in order to send blackbytes? if so how much?
legendary
Activity: 1106
Merit: 1004
No risk, no fun!
yes i already paired the devices. and i can also chat between the devices. now, how do i send blackbytes within the chat window? i can only request bytes when i use my mac wallet, i can't select blackbytes! within the android wallet i can request a payment of bytes or blackbytes.

i think it is a bug within the mac wallet.
Both wallets are fully synced?

and dont forget to press "INSERT MY ADRESS" to the another one. Only this is the adress, where you can send your coins!

Greetz
sr. member
Activity: 307
Merit: 252
yes i already paired the devices. and i can also chat between the devices. now, how do i send blackbytes within the chat window? i can only request bytes when i use my mac wallet, i can't select blackbytes! within the android wallet i can request a payment of bytes or blackbytes.

i think it is a bug within the mac wallet.
legendary
Activity: 1106
Merit: 1004
No risk, no fun!
could someone please tell me how i can send blackbytes from my android device to my byteball wallet on my mac??? it is far from intuitive  Angry

Please look at byteball.org

Greetz
Steve

it doesn't tell anything about a step by step guide for sending blackbytes.


greetz

ok...I am sorry:

Go to "Paired Devices" ----> "Add a new device" -----> "Invite The Other Device" ----> send this code to your partner you wanna deal with.
The Partner has to go to "Accept Invitation From the Other Device" ----> put the code from you in.

Now you are connected with your partner.

After that, you can type a message or you can sending blackbytes if you go to "Request Payment". You have the choice now of blackbyteballs or byteballs.

Thats all. :-)

Greetz


sr. member
Activity: 336
Merit: 260
...
it doesn't tell anything about a step by step guide for sending blackbytes.

greetz
please try
1.   paire your devices using QR-Code + cam (Byteball  menu -> add new device)
2.   invite and accept each other device (android -> mac , mac-> android)
3.   test: select a device using paired devices menu
4.   chat vom each paired device to each other
5.   you can also chat with the transition bot (select transition bot) -> try „Hi“ (when he's awake in the distribution phase)
sr. member
Activity: 307
Merit: 252
could someone please tell me how i can send blackbytes from my android device to my byteball wallet on my mac??? it is far from intuitive  Angry

Please look at byteball.org

Greetz
Steve

it doesn't tell anything about a step by step guide for sending blackbytes.


greetz
legendary
Activity: 1106
Merit: 1004
No risk, no fun!
i think blackbytes value will be 10x more high than whitebytes.
Cause it's 100% anon and only sender and receiver could see amount.


Well if you believe so you get mine. I will offer you 4 BlackByte for 1 Byteball from you.

Same here. I would offer 4 BlackByte for 1 Byteball as well.

Does not sound blackbyte is valuable. If I understand, the ratio of blackbyte to byteball is 2.11 so the transfer rate should be 2.11 blackbyte to 1 byteball. I am wondering why there's no exchange for blackbytes.

1. You cannot make total anonymous coins visible on explorers, so actually its not possible to create an exchange with blackbyteballs.

2. Please understand, that blackbyteballs should be private. Its a privatecoin for private deals. I have another  idea for you:

Go to localcrypto.eu.org and make an advertisement for free to build with us the perfect marketplace for privatecoins over person to person exchange. Everything is prepared. Its up to you.

Greetz
Steve
legendary
Activity: 1106
Merit: 1004
No risk, no fun!
could someone please tell me how i can send blackbytes from my android device to my byteball wallet on my mac??? it is far from intuitive  Angry

Please look at byteball.org

Greetz
Steve
legendary
Activity: 1106
Merit: 1004
No risk, no fun!
Maybe I have missed this,

but is there actually already a way to spend Bytes and use the database?
(...)

Also interested in documentation on this functionality

Judging by the zero replies, I assume that, at this point in time, there are no byteball-based applications or services.
Any announcements I may have missed, anything in the pipeline? Not that I can find anything on byteball.org...

Shouldn't (early) applications play a role in the discussion of potential value and distribution schemes?

The first proved app is sending total anonymous Blackbyteballs over the Messenger. On the OP here, there are announced in github few opportunities for coding apps like decentralized exchanges.

Prepared everything; only some skilled coders have to hook up these projects. I am sure, that soon we see some nice Apps.
sr. member
Activity: 307
Merit: 252
could someone please tell me how i can send blackbytes from my android device to my byteball wallet on my mac??? it is far from intuitive  Angry
newbie
Activity: 15
Merit: 0
Maybe I have missed this,

but is there actually already a way to spend Bytes and use the database?
(...)

Also interested in documentation on this functionality

Judging by the zero replies, I assume that, at this point in time, there are no byteball-based applications or services.
Any announcements I may have missed, anything in the pipeline? Not that I can find anything on byteball.org...

Shouldn't (early) applications play a role in the discussion of potential value and distribution schemes?
sr. member
Activity: 504
Merit: 250
i think blackbytes value will be 10x more high than whitebytes.
Cause it's 100% anon and only sender and receiver could see amount.


Well if you believe so you get mine. I will offer you 4 BlackByte for 1 Byteball from you.

Same here. I would offer 4 BlackByte for 1 Byteball as well.

Does not sound blackbyte is valuable. If I understand, the ratio of blackbyte to byteball is 2.11 so the transfer rate should be 2.11 blackbyte to 1 byteball. I am wondering why there's no exchange for blackbytes.
hero member
Activity: 938
Merit: 500

Totally agree with what you said. The distribution of the BB should be to its supporters, most are active in this forum, and to the developers of the applications on top of this framework. When I read the white paper, I see tons of features, great features, that will be used by the applications. So we should reward the creator of these applications with byteballs. Random people, when receiving bb, if they don't have an interest to it, will just dump it. It does not help the coin.

Good point. The strength of the byteball is that it is a platform, so tony should reward those who help to create applications (DAC or those use smart contract) on top of it. Like what Ethereum did to help those projects.

Agree!

While I applaud Tony for his effort and this coin.  

I'm not a big fan of ICO's holding a majority of the coin.  
Will Lisk team start actively developing on top of Byteball?
Dont really think so ...

It would be nice if this somewhat changed for future distributions.

Either way, really would like to see the plan complete distribution laid out and the timeframe for it.

Is the time/amount being decided round by round?  Feels like we're in the dark on the end-to-end distribution of this coin.

I'm not much of a fan of it either, but it's naive to think Tony will start blacklisting addresses... As I see it, the only way to get rid of them is if they dump all their coins on the market.

I hope so, there's no point giving competitors free money. We should encourage development on top of this platform as many said, and block those ICO addresses. Think about it, the only purpose they have is their coin, not this coin.
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