The Obyte team has built a number of truly unique, first-of-a-kind apps and features, mostly in the DeFi space. You can learn more about them on this website and in our blog. Obyte’s current circulating supply is 739,529 GBYTE out of max supply of 1.00M GBYTE. “Outstanding” here means not inside the company’s own Treasury. Some, even all, of these outstanding shares may have legal restrictions preventing the owners dumping them on the market at any time.

Obyte Price Chart (GBYTE)

While Byteball has come in for criticism by some detractors, the concept undoubtedly has its benefits including fast and irreversible transactions. Obyte is a decentralized, open-source platform for storing and exchanging data and value. It is built on the Byteball platform, which uses directed acyclic graph (DAG) technology to store transactions in a secure and distributed manner. Obyte provides users with an easy way to securely store, transfer, and trade digital assets without relying on third-party intermediaries.

Obyte Dữ liệu về giá theo thời gian thực

This makes sending money between users incredibly easy and painless. Nowadays, sending cryptocurrency is not sufficiently user friendly for mass adoption. We have to send payments to cryptic addresses like 1BtjAzWGLyAavUkbw3QsyzzNDKdtPXk95D. The recipient must already be in the system, and after payment there is no easy way to tell if the payment went to the right person.

Today’s Cryptocurrency Prices, Charts and Data

Byteball has a user-friendly wallet, is completely trustless, and doesn’t use proof-of-work or proof-of-stake systems, since it isn’t built on a blockchain. In Byteball, transactions are not grouped into blocks—they’re connected directly instead. Each new transaction how to buy byteball references one or more previous transactions. Please remember that the prices, yields and values of financial assets change. We recommend seeking the advice of a professional investment advisor for guidance related to your personal circumstances.

DAG platforms are more scalable and more decentralized than blockchain platforms. Byteball data is stored and ordered using a directed acyclic graph [4] (DAG) rather than a blockchain. Byteball data is stored and ordered using a directed acyclic graph [1] (DAG) rather than a blockchain.

Buying GBytes on exchanges; exchanging GB and GBB or bytes and blackbytes; betting on external events using oracles; and more. Let’s say you (the insured) agree to pay to the contract 0.1 GB (that’s Byteball’s currency)  and the peer (the insurer) pays 0.9 GB. If the flight is delayed, you would receive the 1 GB that is locked in the contract. If it’s on time, the insurer will get the money instead.

• Bitball’s mission is to build an ecosystem to bridge the gap between digital currencies, exchanges, and customers.
• If that condition is not met, then you get your money automatically sent back to you.
• Byteball is a master when it comes to peer-to-peer smart contracts.
• GBYTE is up 4.53% against Ethereum and up 0.56% against Bitcoin in the last 1 month.
• This will return you to the first payment screen and allow you to double-check the amount.

If You Are Investing in Cryptocurrency — CoinMarketCap.com Is for You

This substitutes for trust between strangers because neither is able to scam the other. No part of the content we provide constitutes financial advice on coin prices, https://www.tokenexus.com/ legal advice, or any other form of advice meant for you to rely on for any purpose. Any use or reliance on our content is solely at your own risk and discretion.

User-Friendly Peer-to-Peer Payments

The total volume in DeFi is currently $5.91B, 9.17% of the total crypto market 24-hour volume. The volume of all stable coins is now $59.58B, which is 92.46% of the total crypto market 24-hour volume. The wallet chat will show that your payment (for 1GB here) has been sent. Once this payment has confirmed, after maybe 5-10 minutes, the buyer will automatically get a copy of the smart contract/wallet. The buyer can see it by exiting the wallet chat, going to the home screen, clicking on “smart wallet”, and then in the smart wallet home screen clicking on the little eyeball on the right. The amounts you receive are proportional to your proven balances in BTC and Bytes on the distribution date.