Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
CryptKeeper
on 07/03/2017, 07:10:02 UTC
When I understand correctly, then conditional payments are like smart contracts, right? It is just another name for it isn't it?

Conditional payments is an application based on smart contracts.
I want to ask
How can I get if my bitcoin balance existing in the wallet for 1btc
how to calculate the distribution amount byteball do we get?

The distribution rules:

BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.1 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.21111 blackbytes