Byteball Bytes GBYTE Price Chart, Market Data, and Coin Information

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

Coin Price

BTC 0.00683638
USD

44.55

Market Capitalization

USD

29,527,258

Change % (1H)

%

0.23

Change % (24H)

%

2.92

Byteball Bytes (GBYTE) Price Chart, Coin Value, Market Cap & Trading Volume Graph

Basic Information

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 URL:: https://byteball.org/

Market CapUSD 29,527,258Volume 24HUSD 49,392
Current Mkt. Share0.01 %Available Supply662,811
Change % (1H)0.23 %Max Coin Supply0
Change % (24H)2.92 %Total Coin Supply1,000,000
Change % (7D)6.93 %Proof
AlgorithmUpated: 26 seconds ago
DateCoin PriceVolume