Cryptocurrencies: 200 / Markets: 14619 Market Cap: 24h Vol:
Byteball (GBYTE) Rank 158
$43.56303
Byteball (GBYTE) Rank 158
Website Reddit Twitter
662,811 GBYTE

Byteball (GBYTE)
Byteball (GBYTE)
GBYTE

Byteball (GBYTE) Price
$43.56

Byteball (GBYTE) 24h Vol
$168,560

Byteball (GBYTE) Market Cap
$28,874,045

Byteball (GBYTE) Circulating
662,811

Full Name
Byteball (GBYTE)
Symbol
GBYTE
Algorithm
BTC Price
0.006584 BTC
BTC Market
4,364 BTC
BTC 24h Vol
25 BTC
Total Coins Mined
662,811 GBYTE
1h
0.06 %
24h
7.01 %
7d
-15.02 %

Charts



Description

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

Full Name Byteball (GBYTE)
Start Date N/A
Algorithm N/A
Proof Type N/A
Website https://byteball.org/
Twitter @ByteballOrg
Facebook https://www.facebook.com/byteball.org/
Reddit https://www.reddit.com/r/ByteBall//
Block Number N/A
Block Time N/A
Block Reward N/A
Total Coins Mined 662,811 GBYTE
Previous Total Coins Mined N/A
Net Hashes Per Second N/A