Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
sailthor
on 13/01/2018, 04:49:03 UTC
Anyone know if I link my BTC wallets with my Byteball wallet right now, will this set me up for the next distribution or do I need to wait for the announcement?

You will be set up.

Cheers mate - thanks.

My other question is re: the backups.

For the main asset GBytes, a one time back-up of the seed is sufficient to restore your wallet and your balance correct?

Contrasted with the full back-up option, which is required to be done each time you receive Blackbytes (the private asset) - should we do a full-back up after we spend and receive Blackbytes or only after we receive Blackbytes?

Just found out the linking feature of the byteball wallet via signing a message only works for legacy bitcoin wallets (ie. non-segwit). So I linked my non-segwit account, which has a current balance of zero.

When the next airdrop is announced, all I would have to do is send my BTC from my non-linked to my linked (the legacy one) address and this would be automatically detected by the byteball link bot right? I don't need to do anything else other than sending my funds to the linked address ?

Thanks for all the help!
From the wikipedia https://wiki.byteball.org/backups:
Byteball uses a single extended private key for all wallets, BIP44 is used for wallet address derivation. There is a BIP39 mnemonic for backing up the wallet key, but it is not enough. Private payments and co-signers of multisig wallets are stored only in the app's data directory, so better use the built-in backup function! Go to hamburger menu > settings > full backup, this will create an encrypted and optionally compressed backup file.


Yes. We are not totally sure if the March airdrop is going to happen though, Tony (dev) may change it.