Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
I just wish i understood how blck bytes worked it bit better, I get its anonymous but is there a reason it cant go on exchanges?
It is already on some decentralized bot store exchanges. Why black bytes are not listed on CoinMarketCap is beyond me. I feel this is absurd as blackbytes are one of the only truly fungible coins existing.
Is there no records of Blackbytes on network? Can Blackbytes be used by hackers?
I first spent a Blackbyte, and What will happen when I restore the full backup?
No, there is no explorer for Blackbytes (Ergo privacy). Sure, anyone can use blackbytes.
If you spend all or a part of your blackbytes and then recover your wallet to a point prior to spending the bytes, your wallet will show the prior amount; however, you now have a corrupted balance. When you do this, you will lose more than just the part you spent and likely lose access to all your blackbytes. If/When you do this, you will end up sending your wallet to someone like me to recover what can be possibly recovered. I have done this for many people; however, I have basically stopped, because it's not worth my time. I have to admit how cheap people are in that they are willing to spend many hours of time trying to recover $20 especially when it's someone elses time.
So..... Don't do a recovery after an amount has been spent. Hint: Make a backup each time you make a Blackbyte transaction so that you're totally safe from loss.