Skip to main content

Have you heard about Byteball ? Yesterday I received $279360 (revealed) plus (hidden values) worth GBYTE absolutely free

Do you know about Byteball & it's fare distribution ?

Byteball is a completely new cryptocurrency with totally new consensus algorithm DAG (Directed acyclic graph). To know more about DAG algorithm you may navigate to  https://en.wikipedia.org/wiki/Directed_acyclic_graph.  DAG is Byteball's backbone where maximum crypto currencies use blockchain. For this Byteball has block size issue, because it has no blocks actually. Instead of blocks on blockchain,  every new transaction references one or more earlier ones (parents) by  including and signing their hashes. The links among transactions form a  DAG. By including its parents, each new transaction also indirectly includes and confirms all parents of the parents, parents of the parents of the  parents, and so on.  As more transactions are added after your  transaction, the number of confirmations you receive grows like  snowball, that’s why the name Byteball (our snowflakes are bytes of  data). 

Mining, Fees & Money Supply

There is no PoW (Proof Of Work), no PoS (Proof of Stake), and no mining. All coins are issued to a genesis address from which every full moon we get free bytes. The fees paid for storing one’s transactions (or any other data) in the  Byteball database are equal to the size of the data being stored.  If  the size of your transaction data is 500 bytes, you pay exactly 500  bytes (the native currency of Byteball) in fees. There are only 10^15 bytes (1 Million GBYTE) existed.  All bytes will be issued in the genesis transaction.  Since the fees paid are returned into the circulation, the money supply will remain the same. 
1 GB = 1000 MB ; 1 MB = 1000 KB, 1 KB = 1000 Bytes, So, 10^15 Bytes means 1 Million GB

Some Interesting Features of Byteball

1. Conditional payments :  You set a condition when the payee receives the money. If the condition is not met, you get your money back. With this great feature you'll able to do exchange bytes to other assets or, bitcoins & vice versa without help from a middleman. A great & true P2P exchange is possible only on Byteball platform, it's sheer different from Bitsquare.
2. P2P payments in chat : You can pay any person via chat by adding their wallet device to your wallet device. Oh! I've forgotten to tell that a nice chat app is integrated to your Byteball wallet, it's decentralized, privacy protected & fully encrypted.
3. Prediction markets : Forget about Gnosis . Byteball has a strong feature to create a P2P smart contract that can be unlocked if a specific event occurs. Use it for betting on price movements and insurances also.
4. P2P insurance :  Buy insurance from peers to get paid in case a negative event occurs. Sell insurance for profit. 
5. P2P betting :  Do you love to bet on soccer matches ? It's very easier on byteball platform now. Bet against other users on sports events without any middleman.
6. Chatbots :  Shop by chatting with a merchant's bot, pay in two clicks. Exchanges and other services are also easy to use in conversational interface.
7. Assets and on-chain exchange :  Bytes is the native currency of Byteball.  Any User can issue any other tokens (assets), e.g. to represent debt.  The debt can be expressed e.g.  in fiat currencies or in natural units (barrels, ounces, kWh, etc).   The issuers of the debt can reveal their real-world identities and/or  be voluntarily attested (i.e. their real-word identities be verified by a  well known third party such as CA).  This enables the use of the  existing legal system to secure against fraud. 
8. Regulated assets :  Regulated institutions can issue assets that are compatible with KYC/AML  requirements. Every transfer of such asset is to be cosigned by the  issuer, and if there is anything that contradicts the regulations, the  issuer won't cosign. This way, banks can issue fiat-pegged assets  and stay fully compliant.  They can open demand deposit accounts and  track them on Byteball as assets.  These assets are easily exchangeable  against bytes and other assets (with bank’s approval). 
9. Private untraceable payments : The most interesting feature is Byteball's fully private untraceable payment system.  Payments in private assets are not published to the public database. Instead, only the hash of the transaction is stored to the database,  while the plaintext of the transaction is sent directly from the payer  to the payee.  To protect against double-spends, a spend proof is  also published to the Byteball database.  The spend proof is constructed as a hash of the output being spent, so that if the same  output is spent twice, the spend proofs will be necessarily the same.  When you want complete privacy, pay in blackbytes, a cash-like untraceable currency whose transactions are not visible on the public database, they are sent peer-to-peer instead. 
There are also a lot of features, to know please, visit Byteball's official homepage : https://byteball.org/ &  Read the whitepaper 

Buy/Sell Byteballs

3. Escrowed Slack Trading Bot - OTC Trading [Automated]
https://ydx.slack.com/messages/gb_btc/ ]
https://ydx.slack.com/messages/gbb_btc/ ]
 
4. Decentralized Bitcoin Exchanges
https://bitsquare.io/ ]
 
5. Regular Bitcoin Exchange Sites
https:/cryptox.pl ]
https://www.cryptopia.co.nz ]
https://bittrex.com ]
https://changelly.com/ ]  

Participation in free Byteball distribution

On every full moon you'll get free bytes & blackbytes by linking your Bitcoin & Byteball Address. The distribution rounds will be finished when all 10^15 bytes are distributed. Here are the rules of distribution :-
BTC to bytes: 1 linked BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes:  1 linked BTC of proven balance gives you 2.1111 * 62.5 million blackbytes  (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.2 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.42222 blackbytes 
How to link your BTC address and its balances with the distribution? It's easy just download the wallet & then navigate to Bot Store. There you find a bot named "Transition Bot". Add it. Now chat with transition bot to link your BTC address. At first type "hi" or, anything then chatbot reacts immediately to display the detailed instructions. Follow carefully the instructions , and it'll done. Actually bot tell you to sign your byteball address with your Bitcoin address to link. There is also an alternative option to send a micro payment to chatbot specified bitcoin address. After 1 confirmation your Bitcoin address will be added successfully.
Here is a full guide :

How to link Bitcoin address for participating Byteball Free Distribution Round ?

How to sign a message with Bitcoin Private Key ? Part #01 

How to sign a message with Bitcoin Private Key ? Part #02 


Yesterday was the 6th round. So, be ready for the next 7th round .......

Here I only share my hot byteball address which is linked with my hot bitcoin address.

Byteball is the Next Bitcoin .........



references :

Tags : Cryptocurrency, Byteball, Tutorials, Money, 

This Post Was Published On My Steemit Blog. Please, navigate to steemit and cast a free upvote to help me if you like my post. First Time heard about Steemit ? Click Here To Know Everything About Steemit 







Comments

Popular Posts (Last 7 Days)

The Real Face Of India - Episode 133

The Real Face Of India - Episode#133 I believe that India is the most beautiful country in the world. In this series I show the real face of beautiful India. Half Dozen Photos of Natural Beauties Snap taken : 21 Mar 2018   Camera : SAMSUNG, Model : SM-A310N0 Other Episodes :  Episode#01 ,  Episode#02 ,  Episode#03 ,  Episode#04 ,  Episode#05 ,  Episode#06 ,  Episode#07 ,  Episode#08 ,  Episode#09 ,  Episode#10 ,  Episode#11 ,  Episode#12 ,  Episode#13 ,  Episode#14 ,  Episode#15 ,  Episode#16 ,  Episode#17 ,  Episode#18 ,  Episode#19 ,  Episode#20 ,  Episode#21 ,  Episode#22 ,  Episode#23 ,  Episode#24 ,  Episode#25 ,  Episode#26 ,  Episode#27 ,  Episode#28 ,  Episode#29 ,  Episode#30 ,  Episode#31 ,  Episode#32 ,  Episode#33 ,  Episode#34 ,  Episode#35 ,  Episode#36 ,  Episode#37 ,  Episode#38 ,  Episode#39 ,  Episode#40 ,  Episode#41 ,  Episode#42 ,  Episode#43 ,  Episode#44 ,  Episode#45 ,  Episode#46 ,  Episode#47 ,  Episode#48 ,  Episode#49 ,  Episode#50 , 

Untitled 3

Tags : Life, Photography, Flood, This Post Was Published On My Steemit Blog . Please, navigate to steemit and cast a free upvote to help me if you like my post. First Time heard about Steemit ? Click Here To Know Everything About Steemit  $3 Donation [Fixed] Donate $Any Amount

Earn Bitcoin by playing free fun games (non gambling)

To earn bitcoin by playing free games is very exciting. Here I give a list of all games I searched on Google. 1.  SatoshiQuiz  :SatoshiQuiz is a quiz website where users win bitcoin for correctly answering questions from various categories.. You can earn 100 to 1000 satoshi per winning quiz.  Try the new android app and get 5000 satoshis.  Download   Min withdrawal amount is 11000 satoshis & Processed once every week on Sunday.1000 satoshi fees deducted per withdrawal to prevent abuse. Premium account fees is 100000 satoshis per month.   2.  Bitcoin Riddles  :Solve riddles presented in YouTube videos and if you are the first to get the correct answer you win a prize in BTC! Minimum withdrawal is 100 bits. After signup you will get free 10 bits.  3.  Sparkprofit  : Spark Profit aims to be the world's most rewarding app! It teaches you how to profitably trade on the financial markets, and pays you cash rewards when you do well. Platform : Windows, Mac, Android &

Fine Arts Tips : How to Draw a Leopard With Pencil - by Leonardo Pereznieto

This video tutorial was made by Leonardo Pereznieto on youtube. For more tutorials please, visit :   https://www.youtube.com/channel/UCaapxaQKJFJ6XC56CHgeTzw Visit his more works on : Facebook :  https://www.facebook.com/LeonardoPereznieto Website:  http://www.ArtistLeonardo.com/         How to Draw a Leopard With Pencil - Big Cat     Thanks :D Tags : Art, Drawing, Tutorials, Video, Youtube, Sketch,  This Post Was Published On My Steemit Blog . Please, navigate to steemit and cast a free upvote to help me if you like my post. First Time heard about Steemit ? Click Here To Know Everything About Steemit  $3 Donation [Fixed] Donate $Any Amount

Steemit bug found in “TAG”

Steemit bug found in “TAG” image credit I just found a serious bug on steemit TAG. Today I published a news cum TIL post with 5 tags - wilt news newslink til steemitnews https://steemit.com/wilt/@royalmacro/what-i-learnt-today-darkweb-raises-funds-for-assassinating-both-donald-trump-and-mike-pence But, my post is visible in only one section in “wilt”. Other tags are not working anymore. I searched frequently in the following sections which I tagged – https://steemit.com/created/news https://steemit.com/created/newslink https://steemit.com/created/til https://steemit.com/created/steemitnews My post is invisible in the above sections. It’s only visible in - https://steemit.com/created/wilt Update : I just found a solution. I used 4 tags instead of 5. Now, my post is visible to all 4 sections. Tags : Blockchain, Bugs, Cryptocurrency, Steemit,  This Post Was Published On My Steemit Blog . Please, navigate to steemit and cast a free upvote to hel

One Black & White Photograph Daily for 30 days - Day #25

green yard - behind of my village home Camera : Xiaomi Model : 2014818 Location : Bongaon, West Bengal, India Snap Taken : 14 March 2016 Tags : Black & White Photography, Flowers & Plants photography, Landscape photography, Nature, Photography,  This Post Was Published On My Steemit Blog . Please, navigate to steemit and cast a free upvote to help me if you like my post. First Time heard about Steemit ? Click Here To Know Everything About Steemit  $3 Donation [Fixed] Donate $Any Amount

mathematics behind chess

Is there any relationship between supposing numerically and supposing in the round of Chess? At the end of the day, should a man having a dynamic personality in Mathematics turned out to be essentially a decent Chess player have aptitudes in Mathematics?  It is important to call attention to that because of the subject intricacy, our endeavors will be to clarify essential attributes of both  Science and Chess which have been postured by surely understood Mathematicians and Chess players. In like manner, we are not keen on uncovering truths, for instance, from the Theory of Knowledge, Psychology, Epistemology or going further into the specialized and complex parts of Chess.  In the first place, let us analyze a few characteristics of Mathernatics.  Individuals having poor involvement in Mathematics trust that knowing how to include, subtract, increase or separation empowers them to say that they could ace Mathematics. Others having some aptitude in performing fa

Visiting deep inside the Sundarbans & spent days with Bawali - Episode #16

In the last October-November I visited Sundarbans, the world's one of the largest mangrove forest. It was also declared as world heritage site by UNESCO in 1997. In this forest a numerous wildlife species exist - birds, reptiles, fishes, amphibians and also the king of the forest "Royal Bengal Tiger". The ganges dolphins & crocodiles are also living in the canals of Sundarbans. Chital is a one kind of spotted deer living in this forest. The rural life in the area of this coastal forest is also very attractive. They basically maintain their lives by collecting honey, woods and fishes. In the native language they are called as Bawali. I spent some days with them. Here I share some of my tour photographs of Sundarbans and Bawali -- Kewra, one kind of mangrove tree grows in Sunderbans Main Mangrove trees in Sundarbans (from left)- Gewa (Excoecaria agallocha L.) , Kewra (Pandanus odoratissimus), Sundori (Heritiera littoralis) and Golpata (Nypa fruticans) Camera :

Yoga and Health

image credit ## Health  In its holistic approach health is defined as a state of complete physical, mental and social well-being. The spiritual perspective is regarded as important as others. So far so much efforts and importance are being given on physical aspects of health. Mental perspective is rarely explored and till late the spiritual soundness is applied to religion only. It is high time we give a balanced importance to physical, mental and spiritual aspects of healthy habits.     image credit ## Yoga  From time immemorial people regard physical exercise as one of the most important way to retain health and fitness. Yoga is a form of exercise that looks after the mental and spiritual health of the person also. Other forms of exercise like aerobics are concerned with the physical wellbeing only. Yoga is believed to elevate the life force - *Kundalini* at the base of the spine. image credit Yoga has –  * Physical Aspects – Consists of postures or *asanas* with

Crop field in my village home

Here I share 4 photographs of crop fields in my village home, India. Pic 1 Pic 2 Pic 3 Pic 4 Tags : Photography, Flowers & Plants photography, Nature, Travel, Landscape photography, Village, India This Post Was Published On My Steemit Blog . Please, navigate to steemit and cast a free upvote to help me if you like my post. First Time heard about Steemit ? Click Here To Know Everything About Steemit 
Back to Top