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Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
Any info on these tiny BTC addresses that are getting a huge share:
I think that's formating oversight for shares who have nothing but zeros up to fifth decimal.
I wouldn't worry. BTC linked is what will most likely be used for actual distribution. Transition page is just informative.
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
which block we use to take the snapshot?
444951？
thank you
444951？
thank you
where u can see block mined pls ?
Total balance linked: 26045.36542280 BTC
Current transition rate: 0.26045365 BTC/gigabyte
good promotion..congrat @TONYCH &BBs team
Try Blockr.io
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
Just in case, for anyone confused, this is time left to official phase one ending, as stated on first page:
https://www.timeanddate.com/countdown/generic?p0=211&iso=20161224T235959&year=2016&month=12&day=24&hour=23&min=59&sec=59&msg=ByteBall%20phase%201%20distribution
https://www.timeanddate.com/countdown/generic?p0=211&iso=20161224T235959&year=2016&month=12&day=24&hour=23&min=59&sec=59&msg=ByteBall%20phase%201%20distribution
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
signed message but the bot keeps going back to "please just pay xyz"
edit,
since only the most recent matters, i uninstalled and reinstalled to try again. anyways the bot is not saying anything now.. maybe is offline.
edit,
since only the most recent matters, i uninstalled and reinstalled to try again. anyways the bot is not saying anything now.. maybe is offline.
Despite what bot is saying this is verified method of linking through signature:
1. Click bot link and wait for its prompt in BB client.
2. Enter exact BTC address you wish to link, press enter.
3. Enter BB address you wish to link to, press enter. (You can create multiple BB addresses before this step and use them here)
4. Enter signature that you got by signing BB address (3) using BTC address (2). Press enter.
At this point bot will show you a report of all linked addresses for your account.
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
What do expect here when there are wallets with 700-1000 btc and more linked?
Peanuts. doesn't seems a fair distribution.
Basically rich get richer. It's not like a free airdrop where everyone got same chance to receive based on task to solve.
I mean like some airdop where you need to do some work or task to apply (it means who got nothing got same chance as who got a lot)
It's more like "hey, i have 1000 btc, just press link address and you get more".
Not so much fair.
It's already centralized from who have more btc on his hand before launch. Just to not do nothing. You have more money then me, you get more byteball.
Peanuts. doesn't seems a fair distribution.
Basically rich get richer. It's not like a free airdrop where everyone got same chance to receive based on task to solve.
I mean like some airdop where you need to do some work or task to apply (it means who got nothing got same chance as who got a lot)
It's more like "hey, i have 1000 btc, just press link address and you get more".
Not so much fair.
It's already centralized from who have more btc on his hand before launch. Just to not do nothing. You have more money then me, you get more byteball.
I would also like for everyone to be rich and carefree. Hopefully that day will come.
But for now, you better compare yourself with ~15 760 000 BTC that won't be linked in this first phase. Only ~0.25% of all existing BTC will be linked in phase 1.
Dont compare to few negligible whales that take part.
We need wide distribution for success. "Rich" compared to "poor" have somewhat lower chance of dumping all they have for short term, which would result in collapse. Good mix of both is better.
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
Oh Lord, I can't manage!!!!! 
What am I doing wrong here... I've got BitCoin Core Wallet. Sending the amount needed, but the address won't match up with my address with balance... How do I change this sending address to an receiving address and sen my BTC there?
EDIT: I guess I just can send the BTC there...
What am I doing wrong here... I've got BitCoin Core Wallet. Sending the amount needed, but the address won't match up with my address with balance... How do I change this sending address to an receiving address and sen my BTC there?EDIT: I guess I just can send the BTC there...
If you have synced BC core than its much faster to simply sign messages. If you insist on sending microtransaction then you have option (in upper part of send tab) to manually select exactly from which address to send.
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
Hello, when trying this and getting to the step where I sign my byteball address with my electrum wallet. When I try to validate the signing (it says to remove and replace the ledger wallet and it will come back as a keyboard and type something in a note pad, but this does not happen, on either of my computers). Secondly, when I try to sign any message, it says that "unfortunately this message can not be signed with ledger wallet. Only 140 alphanumerical characters are allowed, please delete all tabs, spaces ,etc and retry" but there is no special characters.
I've even tried signing the message "hello" with the same issues. Whats going on here?
Thank you.
Also, I can't verify by sending from address because my ledger wallet chaanges addresses with each send, even though I have it checked off on electrum.
Thank you.
I am not sure if its related but I also had problems with Electrum signing messages. My keys were not hardware imported but from a list. I also found its most likely a bug that wasnt addressed for almost a month.
Here it is: https://bitcointalk.org/index.php?topic=1709943
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
Transaction explorer is online https://explorer.byteball.org
It is the coolest transaction explorer in crypto, isn't it?
It is the coolest transaction explorer in crypto, isn't it?
Wheel zooming and scrollbar would indeed top the cake and make these balls best in the hood :3
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
Please fix transition.byteball.org. Doesnt show numbers of balance linked and transition rate. Tried Firefox and Chrome.
I think its not up to tony.. blockr.io API is dropping secure connection for some reason.. it will probably resolve later.
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
Based on the progress of address linking that we've seen so far, I have to make a few adjustments to the future distribution plan. Nothing changes for the first round (December 25) but the rules for further rounds are optimized to maximize the long-term value of your bytes.
For the 2nd round:
- for every 1 BTC of proven balance you receive 62.5 MB
- for every 1 byte, you receive 0.1 new bytes
We no longer commit to distributing exactly 20% in the second round, we'll distribute as much as is linked and calculated by the above rules. After the price of byte is established in the markets, the rules make it significantly simpler for new users to estimate how much they get by linking their Bitcoins or by buying bytes. Hopefully, this will encourage much more people to join.
Compared with the previous rules, the weight of bytes in the basket is decreased. This still encourages byteholders to hold in order to receive more bytes in the future rounds, while giving more weight to the newly linked BTC. We do need to be more attractive to new users, who are going to eventually link much much more BTC than we see in the current round, otherwise they might feel like a huge chunk of the second distribution will go to the participants of the first distribution, while new users are significantly disadvantaged. If it is not quite clear, this is the math:
Under the old rules, for the basket weight calculation, 62.5 MB were accepted as 1 BTC. 1014 bytes are distributed in the first round, the total weight of these bytes is 1,600,000 BTC. This seems huge compared with the amount of BTC the second-rounders are going to realistically link, based on current progress. Therefore, under the old rules, the vast majority of new bytes are going to be distributed to the first-rounders, which scares new users off and contradicts my plans of creating the widest possible distribution and increasing value through network effects (which are proportional to square of the number of users). To give new users better chance, the total weight of bytes distributed in the first round is reduced to 160,000 BTC under the new rules.
We will probably distribute less than 20% in the 2nd round, this means we'll have more rounds before all bytes are distributed, more opportunity to multiply your holdings in each round, more incentive to hold.
The 3rd and subsequent rounds will follow similar rules, but the relative weight of bytes vs. BTC in the 3rd and further rounds will change and will gradually increase back to 1 BTC=62.5 MB. It will be selected to maximize the value of bytes and keep the speed of distribution in sync with the growth of user base and the actual use of the network.
The date of the 2nd round is not decided yet, rough estimate is mid-February.
For the 2nd round:
- for every 1 BTC of proven balance you receive 62.5 MB
- for every 1 byte, you receive 0.1 new bytes
We no longer commit to distributing exactly 20% in the second round, we'll distribute as much as is linked and calculated by the above rules. After the price of byte is established in the markets, the rules make it significantly simpler for new users to estimate how much they get by linking their Bitcoins or by buying bytes. Hopefully, this will encourage much more people to join.
Compared with the previous rules, the weight of bytes in the basket is decreased. This still encourages byteholders to hold in order to receive more bytes in the future rounds, while giving more weight to the newly linked BTC. We do need to be more attractive to new users, who are going to eventually link much much more BTC than we see in the current round, otherwise they might feel like a huge chunk of the second distribution will go to the participants of the first distribution, while new users are significantly disadvantaged. If it is not quite clear, this is the math:
Under the old rules, for the basket weight calculation, 62.5 MB were accepted as 1 BTC. 1014 bytes are distributed in the first round, the total weight of these bytes is 1,600,000 BTC. This seems huge compared with the amount of BTC the second-rounders are going to realistically link, based on current progress. Therefore, under the old rules, the vast majority of new bytes are going to be distributed to the first-rounders, which scares new users off and contradicts my plans of creating the widest possible distribution and increasing value through network effects (which are proportional to square of the number of users). To give new users better chance, the total weight of bytes distributed in the first round is reduced to 160,000 BTC under the new rules.
We will probably distribute less than 20% in the 2nd round, this means we'll have more rounds before all bytes are distributed, more opportunity to multiply your holdings in each round, more incentive to hold.
The 3rd and subsequent rounds will follow similar rules, but the relative weight of bytes vs. BTC in the 3rd and further rounds will change and will gradually increase back to 1 BTC=62.5 MB. It will be selected to maximize the value of bytes and keep the speed of distribution in sync with the growth of user base and the actual use of the network.
The date of the 2nd round is not decided yet, rough estimate is mid-February.
Why also not increase number of phases thus also decreasing percentages? Its easy to announce and increase/modify later if everything starts rolling. It would allow time for market to develop.
My mistake
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
Your current linked Bitcoin address is
Please make sure that is indeed your address and move all your coins to this address. The amount of bytes you receive will be proportional to the total balance of this Bitcoin address on December 25.
Current balance of this address is 0 BTC.
Current transition rate is 0.2081652227613 BTC per Gigabyte
---
I will transfer some BTC to my linked BTC address. Am I need to do something to update or just transfer the BTC to that address and everything will be ok?
Please make sure that is indeed your address and move all your coins to this address. The amount of bytes you receive will be proportional to the total balance of this Bitcoin address on December 25.
Current balance of this address is 0 BTC.
Current transition rate is 0.2081652227613 BTC per Gigabyte
---
I will transfer some BTC to my linked BTC address. Am I need to do something to update or just transfer the BTC to that address and everything will be ok?
You dont need to do anything but link BTC address properly. To check if it's properly linked (showing right amount of BTC), use transition bot link and its report inside BB live client.
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
Hi everybody. Need some help, please.
I installed the Byteball wallet and got some coins from the faucet. But when I tried the link, chat with the Transition Bot, nothing happens. I tried it on firefox, chrome and explorer.
In firefox I get, The address wasnt understood.
Any suggestions?
I installed the Byteball wallet and got some coins from the faucet. But when I tried the link, chat with the Transition Bot, nothing happens. I tried it on firefox, chrome and explorer.
In firefox I get, The address wasnt understood.
Any suggestions?
Are you sure its not a test client?
Second raw is live.
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
I send each day some btc to linked my BTC adres but bot is not update automatically,what to do?
My experience is that it works flawlessly, if you are certain what your address is.
You probably have full control over your bitcoins but not address?
Can you please provide some more info? Does the bot show a diffrent balance than what is shown in a Bitcoin blockchain explorer for your linked address?
As you are sending BTC instead of signing a message, you probably have to wait for that transaction to be confirmed. Does your transaction have confirmations?
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
Tonych -
I set up my wallet. I sent my transaction from my blockchain.info wallet per the transition bots request. The incoming wallet address is 1LwrNbfBNQBchpycFBVu7q3xVXHsa3phpB.
I was told on this forum that the next step would be for me to send all my blockchain.info bitcoin to 1LwrNbfBNQBchpycFBVu7q3xVXHsa3phpB.
However, it doesn't look like I am in control of 1LwrNbfBNQBchpycFBVu7q3xVXHsa3phpB. Its had other transactions coming in and out of it that weren't mine in the past.
So, apparently the way I was told I could do all this while keeping my funds in my blockchain.info wallet doesn't work.
Please advise on what I should do? Thanks.
I set up my wallet. I sent my transaction from my blockchain.info wallet per the transition bots request. The incoming wallet address is 1LwrNbfBNQBchpycFBVu7q3xVXHsa3phpB.
I was told on this forum that the next step would be for me to send all my blockchain.info bitcoin to 1LwrNbfBNQBchpycFBVu7q3xVXHsa3phpB.
However, it doesn't look like I am in control of 1LwrNbfBNQBchpycFBVu7q3xVXHsa3phpB. Its had other transactions coming in and out of it that weren't mine in the past.
So, apparently the way I was told I could do all this while keeping my funds in my blockchain.info wallet doesn't work.
Please advise on what I should do? Thanks.
Sending minute amount of BTC to given address (in your case 1LwrNbfBNQBchpycFBVu7q3xVXHsa3phpB) serves only to prove that you control SENDING address. All your BTC should remain in that sending address under your full control.
You must be certain what your sending address is and have full control over it. I dont know how blockchain.info works in that regard. Someone else should chime in.
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
I send each day some btc to linked my BTC adres but bot is not update automatically,what to do?
My experience is that it works flawlessly, if you are certain what your address is.
You probably have full control over your bitcoins but not address?
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
I hope someone puts up a countdown meter please for mining phase. Thx
There you go: http://www.timeanddate.com/countdown/generic?p0=211&iso=20161224T235959&year=2016&month=12&day=24&hour=23&min=59&sec=59&msg=Countdown%20to%20ByteBall%20phase%201&csz=1
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
I am generally with you on fairness issue. One measure of civilization is how fair and reasonable it is.
But your sentiment here is propelled by the same greed that drives all of us including whales.
If you recognize that, you will cease hiding behind elaborate "reasoning" supposedly for universal fairness.
Better world is possible but a knot to untie that world is way bellow sky planes of currency.
Interesting but incorrect in this particular case.
I have worked out that I would probably capture less BB if it went fair launch POW than I would by linking my BTC addresses.
I also do not find my reasoning to be elaborate in this instance. It is there is black and white for anyone to examine.
Sometimes common sense is enough. In this case rewarding the wealthiest with the most and giving the poorest the least is enough. It is just the start in this case there are many levels upon which this fails compared to POW and even ICO.
Also keep in mind that proposed per phase distribution allows for some quite generous and incentivizing dynamic. I am not sure if its intention or a mistake but think of this:
In first phase you linked 5 BTC. On 25th of december you will get something between 10 and 35 Gb. For second phase, your total share will be equal to 165-565 BTC (10Gb/62.5Mb+5BTC - 35Gb/62.5Mb+5BTC). Against those who entered phase one with you, proportion remains the same. But those entering in phase 2 will have to own >165-565 BTC to receive more than you in that phase. Not to mention phase 3 etc.
Going from 5 to 165-565 BTC weight is some serious incentivization for early adopters.
This all stands if explanation from page 1 is complete, final and correct.
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
I am generally with you on fairness issue. One measure of civilization is how fair and reasonable it is.
But your sentiment here is propelled by the same greed that drives all of us including whales.
If you recognize that, you will cease hiding behind elaborate "reasoning" supposedly for universal fairness.
Better world is possible but a knot to untie that world is way bellow sky planes of currency.
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
Where can I see my btc address connected to my byteball address?
Click transition bot link and you will get account statement inside BB app.