Cryptocurrency is a vast domain that is crowded by a great number of brands. It is pretty obvious that no single brand of cryptocurrency can possibly claim to be a comprehensive solution to address all requirements of people. Byteball Bytes have been able to offer a trustworthy option of making payments that can facilitate both peers.
Byteball or GBYTE cryptocurrency offers a unique way of linking transactions with each other by leveraging a cryptographic method. This results in addition of new transactions on top of old ones resembling the formation of a snowball. This also explains the name ‘Byteball’.
Byteball is designed to offer an exclusive feature of conditional payment to build trust between two strangers. Byteball Bytes guarantee a secure transaction that safeguards interests of both parties.
Every payment through Byteball Bytes is backed by smart contract feature that can ideally be applied in transactions wherever there is possibility of negative events. The peer to peer applications can be found in sports betting with facility of zero fee crypto exchanges and can also facilitate insurance payments.
Payments of Byteball Bytes are synonymous with instant confirmations and outstanding scalability with no involvement of blocks and miners. The fees are also extremely low. The storage of Byteball data leverages DAG (Directed Acyclic Graph) instead of blockchain that suffers from constraints of scalability as well as concerns of a block-size. DAG also enables GBYTE users to protect each other’s data as past data which is formed by other users is always referenced.
Block-less design of Byteball Bytes exudes simplicity because absence of blocks means no transactions as users themselves are supposed to reference their past transactions by adding every transaction at the end of Directed Acyclic Graph. It also obviates role of miners who will take their own sweet time for creation of a new block. Moreover, users are not left guessing about whether your transactions are included by miners in particular block.
One more distinct feature of Bytes cryptocurrency is availability of an option that provides total privacy of paying out which is as good as paying in cash. BlackBytes facilitates complete anonymity of a peer to peer transaction which would never be visible on a public database.
E-commerce, in simple words, is buying and selling products or services using an online platform. The internet is alre
Websites can be powerful marketing tools for advertising your products and services effectively online and today most businesses are using unique and
Mark Cuban June-05-2018
On 29th April 2018, UNICEF Australia proclaimed an initiative which allows a user to hand over his o
There was a time when 10,000 BTC coins would buy 2 pizzas. This was around 8 years back. Now, one
In its past reports, CCN made a note that the 8,200 USD resistance level seems to be a crucial st
Tony Scott May-16-2018
In a meeting with CNBC this Monday, i.e. 14th May, a top-rated policymaker of the US spoke in sup
Jeremy Liew May-08-2018
Sergey Brin, the co-founder of Google says Ethereum mining has assumed an important part in the curr
Tony Scott May-07-2018
The Bitcoin blockchain left its mark in April with the 17 millionth Bitcoin being mined. In case you
Tony Scott May-05-2018
Bitcoin and Ethereum are two world-renowned cryptocurrencies that have led the crypto market and sur
Jeremy Liew May-04-2018
Today, digital currencies are doing kind of things that investors and Wall Street have never seen be
After long, the world’s most popular cryptocurrency, Bitcoin seems to come back. The &lsquo