having an issue with btc linked to byteball transition page.
I have balance 16+ btc but it showing only 3+BTC
Any idea whats happening?
What wallet do you use? Maybe the (BTC) transaction is still unconfirmed and 13 of the total 16 BTC are still located on the original address. Or you are using multiple address but only linked one.
It was promised that the distribution formula will change in the future rounds to give more new Bytes to current Byte holders relative to BTC holders.
On June 9 we'll have the 6th round of distribution, and after more than 4 months in the wild and having survived multiple post-distribution dumps, I think now it feels safer than before to participate in the distribution with Bytes, that's why the formula will change in favor of Byte-holders. Also, I want to accelerate the distribution to minimize the perceived uncertainty connected with undistributed coins.
So, these are the rules for the distribution on June 9 (nothing changes for the today's round):
BTC to bytes: (no change) 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: (no change) 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: (2x increase) 1 byte on any Byteball address gives you 0.2 new bytes
Bytes to blackbytes: (2x increase) 1 byte on linked Byteball address gives you 0.42222 blackbytes
That's awesome, tonych! Good for the hodlers and Byteball believer!