Tingos

Tingos are a new asset/token on the Byteball platform, designed to be easily spread around. Practise receiving them, sending them to others, making textcoins with them, exchanging them with other assets in smart contracts, etc. It doesn't matter if you mess up somehow as they are worthless.

It takes two to Tingo
So spread them around! They have no monetary value, since there are enough for 9 billion people to have 1,000,000 each. You can always get more. They are like Zangos without decimal points.

There isn't much you can do with a wallet on a single device. But if you have separate (not multisig) wallets on two or more devices, maybe a laptop and a cellphone, you can pair them and execute smart contracts between them, which is excellent practice.

Each transaction will cost a regular transaction fee of 500-1000 bytes. If 1 GB = $1000, 1 MB = $1, 1 KB (1000 bytes) = 1/10 cent.

Change addresses
Be aware of change addresses and how they work. The usual time you would first notice this is when you send some of your nice new Tingos to a friend and then cannot send any more anywhere for 5-10 minutes.

Smart contract
Here's how to use Tingos in a smart contract. Let's say you are exchanging 10,000 Tingos for 75 X's (KB, Tangos, whatever) with a peer. First, pair your devices.

Pairing

 * One party gives the other a pairing code, either written out in full or via QR code. Generate this in Byteball wallet chat by clicking on "+ Add a new device" then "Invite the other device". It will look something like  . The other party in Byteball wallet chat clicks on "+ Add a new device" then "Accept invitation from the other device" and pastes the pairing code into the almost-invisible line above the "pair" button.

After pairing

 * 1) In chat, peer sends you a receive address.
 * 2) You left-click the address, and click "Pay to this address".
 * 3) From the drop-down menu, select Tingos. Click "bind this payment to a condition". Use "I receive another payment" as the condition. Adjust the "take-back" time if you wish. Fill in the amount of 75 X's. Click "Bind payment".
 * 4) Fill in your payment amount of 10,000 Tingos and click Send. Or click Cancel if you were just trying it out.
 * 5) Peer reads the contract and if it's what was agreed, clicks Pay/Send. Done deal, both payments occur at once.

New tokens in your wallet
(Copied from Asset)

You started off with 0 bytes in your wallet. Later, you probably got some bytes, and maybe some blackbytes. At present, maybe some Tingos and/or something else. If you click the Send tab, you'll see you a drop-down menu, and you can spend from any of your asset types.

Note that these listed asset/token types remain, even if the balance of one particular asset/token is zero. So every time someone receives some Bongos, the Bongo asset/token type gets added to their wallet asset/token list, indelibly so for now. After a few of these, if you don't really want them, they act as spam.

So, please don't send your new assets/tokens to someone without asking them first if they want them.

Differences between Tingos and Tangos

 * There are 10^15 Tangos and 9 x 10^15 Tingos
 * Ummm...

Definition
Source

cap: 9,000,000,000,000,000

is_private: false

is_transferrable: true

auto_destroy: true

fixed_denominations: false

issued_by_definer_only: true

cosigned_by_definer: false

spender_attested: false

Registry publication
Source

asset: O1DbJWbZJfKhjZQYH5RrdRQ2ojMuo2WiaKbjIWSWd4E=

decimals: 0

name: Tingos by Jore Bohne

shortName: Tingos

issuer: Jore Bohne

ticker: TINGO

description: Like Tangos, they have zero monetary value, and are for zero-risk practice with textcoin, smart contracts, and other Byteball features.