• 

• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 

Further enhancing its ecosystem, Obyte launched a public decentralized data cloud portal, integrating this with the product suite of QORPO. This development underscores Obyte’s commitment to decentralization and data storage, providing a secure and efficient means for data handling within the crypto space. The platform’s security is also enhanced through its connections with other popular networks via decentralized cross-chain bridges, such as Counterstake. This allows for secure and decentralized interoperability with other blockchain ecosystems, further extending the utility and security of Obyte. These kind of projects bring great value and we want to make sure that we’ll be able to technologically advance the project and acquire new users for a long time to come. In essence this is also a distribution method and we think it makes sense to dedicate a sizeable percentage of the undistributed funds to it.

• Meanwhile the community to build on and around Byteball didn’t really take off as fast as we thought it might.
• You can also use the P2P smart contract to bet on the movement of a particular price.
• As you all know we still hold ~32% of Bytes in the undistributed funds.
• These Blackbytes can be sent between two different parties who are communicating via encrypted messaging.
• Highlighted by its versatile conditional payments, Byteball offers a smart contract creation system that is simple enough to be utilized by almost any user.

What is ByteBall? The Cryptocurrency With No Blockchain

It is also a strategic tool for directing development into areas where we see the best opportunities, like for example IoT, gaming, AI or big data. This has a number of benefits over Bitcoin as all transactions on the Bitcoin network are stored on the blockchain and can be traced. This is one of the reasons that so many users are moving to privacy concious coins. ByteBall also has another built-in cryptocurrency that is designed specifically for anonymity.

Sending payments directly to email addresses

Each tool is carefully developed and rigorously tested, and our content is well-sourced, but despite our best effort it is possible they contain errors. We are not to be held responsible for any resulting damages from proper or improper use of the service. They helped us structure our discussion and their creative team came up with more https://www.tokenexus.com/ than a 100 new candidate names. Not to just have a big pool of names to choose from, we had plenty of names ourselves, but to select strategic and creative routes to develop. It is a big effort, but one that is absolutely, positively, worth it. The table above shows the number of days which Obyte closed above a certain price level.

Free Distribution

It would allow ByteBall to easily be used as for these types of institutions. In order to reduce transaction spam on the network, ByteBall makes use of transaction “Witnesses” who will charge a fee of 1 byte per byte of data that is stored on the DAG. In the case of the Bitcoin blockchain, all of the blocks are linked in one long chain since the beginning of the genesis Bitcoin block.

What key events have there been for Obyte?

A small number of them control most block production and can collude to (or be coerced to) censor certain transactions. Obyte makes another leap forward by getting rid of those big power centers and middlemen. DAG stands for Directed Acyclic Graph — it’s a technology that makes Obyte byteball bytes fully decentralized, free of domination, free of censorship, and accessible to all. Blackbytes uses secured transactions improving the privacy of the transactions. Johnny Sessa is a blockchain investor with a dual-concentration MBA specializing in Finance and Mergers & Acquisitions.

bit to Byte Conversion Example

The most exciting thing about DAG is that each ball consists of hashes of previous storage balls. This enables the system to attach a new storage ball by signing the previous transactions hashes to the new one. With a background in anthropology, Zoë is especially fascinated by how this groundbreaking technology is affecting societies around the world. The amounts you receive are proportional to your proven balances in BTC and Bytes on the distribution date. To prove your balances, install the wallet and chat with the Transition Bot (you will find it in the Bot Store in the wallet). The bot will help you link your Bitcoin and Byteball addresses by making a micropayment or signing a message.

Meet BlackBytes: A currency for less traceable transactions

It makes use of a revolutionary new technology called a Directed Acylic Graph or “DAG”. Many people have considered this a great way to overcome blockchain growing pains. The Obyte team has built a number of truly unique, first-of-a-kind apps and features, mostly in the DeFi space.

The platform claims to be the first DAG-based system to offer this capability. Developers can create dApps in Oscript, a programming language designed by Obyte to avoid unsafe patterns found in earlier dApp platforms. Perhaps Byteball’s most innovative feature, conditional bound payments allows users to set a smart contract condition that must occur for the payee to receive bound money. If the payee doesn’t keep his or her promise (or outside data doesn’t meet the stated contract conditional criteria), you can safely take your money back after the designated waiting period. Although the platform offers immutable storage for any data type, it’s most noteworthy feature is its versatile conditional payment system.

• 

• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
•