Byteball Bytes GBYTE price, market cap & charts

Live Byteball Bytes prices from all markets and GBYTE coin market Capitalization. Stay up to date with the latest Byteball Bytes price movements and discussion. Check out our snapshot charts and see when there is an opportunity to buy or sell Byteball Bytes

Price

BTC 0.00877923
USD

28.01

Market Cap

USD

19,020,547

Change % (1H)

%

-1.24

Change % (24H)

%

-3.65

Byteball Bytes (GBYTE) Historical Price & Volume Charts

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

Genesis Date: 2018-01-12

Website: https://byteball.org/

Mkt. Cap USD 19,020,547 Volume 24H USD 8,141
Mkt. Share 0.02 % Available Supply 679,008
Change % (1H) -1.24 % Max Supply 0
Change % (24H) -3.65 % Total Supply 1,000,000
Change % (7D) 0.07 % Proof
Algorithm Upated: 21 hours ago
Date Price Volume
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