Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
HI-TEC99
on 06/01/2017, 16:17:00 UTC
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.

Sorry, but those numbers do not fit each other. We all got exactly 2.1111 times more BlackBytes than Bytes. Currently only 10% of Bytes is distributed, so if it is true that all BlackBytes are already distributed now, that should mean there are much less BlackBytes than Bytes!

And btw there is 10^15 Bytes, not 2^15, as far as I know.

Something is wrong in your statements above. Please clarify.


Wrong. According to the white paper, the amount of blackbyte is 2.111 times the byteballs. The reason this number comes from is because of the denominators I think. Here's the quote:

Quote
In Byteball, we have a private fixed denominations asset blackbytes that is
defined by these properties:
{
44
cap: 2,111,100,000,000,000,
...[snip]
]
}


That's confirmed again by tonych here. The total supply of blackbytes is 2.1111 times more than that of bytes.



7.  Total supply of blackbytes is 2.1111 * 1015, that is 2.1111 times more than that of bytes.  If you want to know more where this number comes from, see the whitepaper https://byteball.org/Byteball.pdf, page 44.