The given quadratic equation is
\[ -16 y^{2} + 8 y - 1 = 0 \]
To solve the quadratic equation, we can use the quadratic formula:
\[ y = \frac{-b \pm \sqrt{b^2 - 4ac}}{2a} \]
where \( a = -16 \), \( b = 8 \), and \( c = -1 \).
First, we calculate the discriminant \( D \):
\[ D = b^2 - 4ac = 8^2 - 4(-16)(-1) = 64 - 64 = 0 \]
Since the discriminant is zero, there is exactly one real solution.
Now, substituting the values into the quadratic formula:
\[ y = \frac{-8 \pm \sqrt{0}}{2 \cdot -16} = \frac{-8}{-32} = \frac{1}{4} \]
The solution to the quadratic equation is
\[ \boxed{y = \frac{1}{4}} \]
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