Cryptocurrencies: 26901
Markets: 106767
Market Cap: $3,743,426,752,261     
24h Vol: $129,864,322,227
1 Obyte (GBYTE) Rank 1693
$3.003472
Obyte (GBYTE) Rank 1693
Website Twitter
895,246 GBYTE

Obyte (GBYTE)

Obyte (GBYTE)

GBYTE

Obyte (GBYTE) Price
$3.00

Obyte (GBYTE) 24h Vol
$9,047

Obyte (GBYTE) Market Cap
$2,688,847

Obyte (GBYTE) Circulating
895,246

Full Name
Obyte (GBYTE)
Symbol
GBYTE
Algorithm
BTC Price
0.00002612 BTC
BTC Market
23 BTC
BTC 24h Vol
0 BTC
Total Coins Mined
895,246 GBYTE
1h
-0.81 %
24h
-8.56 %
7d
-17.46 %
Charts

Obyte (GBYTE)

Description

Byteball is a decentralized database with it's own native cryptocurrency, Bytes, that unlike most does not require PoW or PoS mining and does not have a blockchain nor blocks. Instead, Byteball links transactions by signing the hashes from the previous transactions on the new one. These links between transactions form a DAG (Directed Acyclic Graph). Since Byteball has no blocks, there is no block size issue.

Byteball can be used as a means to transfer value between users in a transaction, either with Bytes or assets that can be issued on the network or as a decentralized data base that allows users to store information within it. Byteball's currency, Bytes, are used to pay transaction fees in this network. Transactions can be meant to exchange value or to store any type of data. The transaction fees (Bytes) are relative to the Bytes used in the transaction, so if a transaction uses 500 Bytes, that's the tx fee that will be charged. This system gives the currency intrinsic value, each Byte is worth a byte of information that is stored on the network, which alows the system to scale according to its use.

1 GBYTE equals 1000000000 BYTES

Byteball has been rebranded to Obyte, for more information related to the rebrand, please click here.

Full Name Obyte (GBYTE)
Start Date N/A
Algorithm N/A
Proof Type N/A
Website obyte.org/
Twitter @ObyteOrg
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Total Coins Mined 895,246 GBYTE
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
Obyte (GBYTE) News

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