Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 985. (Read 1234271 times)

Yes, you have to spend in order to have an opportunity to earn.


Witness list unit is a reference to another unit that already lists your witnesses explicitly.  It is just another way to say who your witnesses are when the same witness list is reused.  It saves space, costs only the size of the unit hash (44 bytes) instead of 12 witness addresses (12 * 32 = 384 bytes).

Here is a question about the second distribution phase: what if I change my Byteball address? Do I lose my 0.1 new byte per 1 byte received in the first round?

There are no timestamps in Byteball protocol.  AFAIK it is the only cryptocurrency that doesn't use clock time at all.  Ordering of transactions is based on Main Chain within the DAG.

Recipients of fees are selected among valid transactions only.

Everything in the transaction, including witness list, is hashed and signed, hence cannot be tampered with.

The IP is visible to the hub only, not to the counterparty.

You can buy some bytes at cryptox.pl for dirt cheap right now. This is even easier than giveaway.

I solved it, the above error happens when no /usr/sbin/sendmail is present, a crash in the mail.js
Then I added a dummy sendmail script to just save the "mail" to file instead as I dont want emails, but my script didnt read stdin, and then the above happened.

Ive now just removed the mail.js function to instead use console.log with a prefix .

Now then, witness, does it require funds/bytes available on its address to operate? I got "will witness" messages and then "no more funds" and a crash, so I sent a few kilobytes to the address of the witness and that worked better and I could see it wasting funds in the ebesr explorer. So a witness will earn fees but also has ro have some small funds to send its approvals?

Also, the witness code crashed on something else but am not close to computer now. In any case, the craah ahould cause the main process to also exit, now its hanging while nothing happens.

Also, another issue, Ive sewn transactions posted by my wallet containing a witness list, I assume this witness list will evwntually wnd uo in a witness list unit and be untamperable, but is it possible to make a modifyed wallet to send a witness list which is 12witnessws of my own choosing, my witnesses would see the transactio n right, modify the witness list to be 11 real ones plus my own and tske the transaction fee. The other witnesses wouldnt know anything, id just take all/many fees.

I know I compare apples and pears ...
but <<0.015 is definitely not a good price to sell...some people are so hectic -
I am surprised - but it's o.k. Money had to move and not everyone is a marathon runner (
and this will definitely be a long way )

I missed the Initial Giveaway but who knows what the future holds, I also read there will be many more Byteball giveaways but with more every time

We use BIP44 for HD wallets, and it is the same as in Bitcoin, and the same safety measures apply.

Is this the entire error message?  Looks generic and no references to our code.
Also make sure you are running node.js v4 or above.

What witness does, it only posts small transactions just to prove its presence.  When another node trusts this witness, it will look for units posted by this witness to make sure it is on the legit version of the DAG and not being sybil'd.

Yes, the witness is also relaying transactions, like any full node for that matter.

Exchanges find it more difficult to list coins with new code bases as opposed to Bitcoin code based altcoins. Cryptsy took a long time to list Nxt and ripple because it had to write new back end code to integrate with those coins instead of making a few changes to its existing back end code to integrate a run of the mill coin. The bigger exchanges will integrate byteball eventually.

If you belive is better to pay for new coin, you got it now, you can buy Byteball's.

Exchanges don't like free coins to list.
Specially when they got the news that biggest holder of byteball are waves and lisk owner.
Byteball failed. distribution wasn't decentralized. who own more money, received more byteball.

They list coins for easy money, Cryptox did it because project is very promising, tonych great job, was not for money too.
Lots shitty ICO's go easily to the biggest markets, because they got your money (ICO investors) to pay for it, then they can show you huge volumes, and finally you ... . You know.

I thought it would be cool if byteball have their first trading sites, at least other people can have some byteball for their bags

Byteball is a complete new crypto solution and every buddy can now cheap buy from weak holders. 

Well quoted. Having byteball run through TOR is an unexpected bonus I guess.

Other question. Transition bot is asleep by the look of it. As next round is mid Feb, am I to assume that my linked wallet from the first round will behave for the second round if I don't deposit/withdraw?

When blackbytes start trading or what is the sprcification to added vote tradesatoshi?