Quote from: crypt0hash on February 03, 2017, 01:19:20 PM

Quote from: coinzcoinzcoinz on February 03, 2017, 01:09:25 PM

Quote from: SatoNatomato on February 03, 2017, 12:47:42 PM

Quote from: coinzcoinzcoinz on February 03, 2017, 11:57:02 AM

New to Byteball; couple of questions that I couldnt figure out myself:

1) what is the difference between bytes and blackbites? Why are there 2 tokens?
2) On Coinmarketcap it says available supply: 100,000 GByte. Why is it called Gbyte there and not bytes?
3) The total supply on Coinmarketcap (100,000), is that the eventual total supply (all coins that will ever exist), or is it the current total supply (10% of the eventual coin supply -- the coins that were released in the first distribution round)?

Thanks!

1) Bytes is the main currency of the Byteball network, is the currency fees are paid in. Blackbytes are a defined asset which can be used for private untraceable exchange of said currency, blackbytes only paying the network fee in bytes.

2) Gbyte because its easier to say and spell out than whole 100 000 000 000, like we use MegaBytes, KiloBytes etc, standard SI notation.

3) Dunno the first post says something about 10^15 total supply, 10% of that is distributed.

Thanks for the answers! Can someone clarify the current total supply (final total supply-90%) and the final supply (current total supply+90%)? 10^15 can't be right?! Thanks!

There are a total of 1000000 giga bytes. 100000 was distributed.

Wow so you are saying the true market cap is $100 million! Crazy! Byteball is awesome, but it is not worth so much at this stage! I'm staying away for now, but will be participating in the next round of free coins. Really cool project btw, beautiful UI/UX for the wallet as well. I wonder if this is truly the next evolution of decentralized distributed networks, it could be. Vitalik and Satoshi will feel pretty stupid if this stuff turns out to be superior to blockchains.