Quote from: tonych on August 11, 2017, 10:07:50 AM

Quote from: tonych on August 08, 2017, 12:47:19 AM

Distribution of bytes is complete.
160,424.226385661 GB distributed in this round ($56m at the current prices).
526,327.234762955 GB is the new available supply, which is 52.6% of the total supply. Coinmarketcap is already updated.

Distribution of blackbytes will take roughly 3 days, I'll update you when it is finished.

Distribution of blackbytes is now finished too.

As already announced, we'll now distribute bytes between rounds as cashback for purchases at participating merchants https://bitcointalk.org/index.php?topic=1608859.msg20686283#msg20686283.

Distribution on top of existing balances in Bytes and BTC continues too. The next round is on the Full Moon of September (September 6, 2017 at 07:02 UTC):
BTC to bytes: 1 BTC of proven balance gives you 6.25 MB (0.00625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 6.25 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

Putting this another way, to receive 1 GB from the distribution, you need to already hold 160 BTC or 10 GB. These same holdings also give you 2.1111 GBB (giga-blackbyte).

Watch our announcements to learn about merchants who join the cashback program (contact me if you are a merchant and want to apply).

Thanks tonych. Do you know when the transition bot will be operational again? I need to link a change address.