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)

What I Learnt Today : Pterodactyl was not only the flying dinosaur, There were many

What I Learnt Today : Pterodactyl was not only the flying dinosaur, There were many image source & credit :  LINK We are all familiar to Pterodactyl, the flying dinosaur. But, actually there existed so many flying dinosaurs. The common name of all this “flying dinosaurs” is Pterosaurs. There are about 130 genus of Pterosaurs existed in the jurassic period. Here I listed some of them — 1. Pterodactyl The Pterodactyls had a couple of very wide wings up to 40 feet long. But, these wings are not similar to modern bird’s wings. There were no feathers , their wings were made of a leathery substance. They lived near the sea in the cave & trees. They ate sea fish, large insects & other small dinosaurs. We found their fossils in Europe, North America, Australia, and Africa. Pterodactyl image source & credit :  LINK Pterodactyl Fossil image source & credit :  LINK 2. Petinosaurus Petinosaurus wings were formed by membranes of skin and other

Top 10 famous Abstract Art of all the time

Top 10 famous Abstract Art of all the time I love abstract arts. I believe that abstract art is not what you see , it’s what you think. Abstract art is the freedom of using colors, is the freedom of representing your thoughts in colors. Today, here I share top 10 famous abstract arts of all the time. Hope you’ll enjoy them. Number 10 : The Son Of Man by Rene Magritte image source & credit :  LINK Artist: René Magritte Media: Oil paint Created: 1964 Period: Surrealism Subject: René Magritte Number 09 : Garçon à la pipe by Pablo Picasso image source & credit :  LINK Artist: Pablo Picasso Dimensions: 1 m x 81 cm Created: 1905 Media: Oil paint Period: Picasso’s Rose Period Support: Canvas Number 08 : The Night Watch by Rembrandt image source & credit :  LINK Artist: Rembrandt Dimensions: 3.63 m x 4.37 m Created: 1642 Locations: Amsterdam Museum, Rijksmuseum Periods: Baroque, Dutch Golden Age Genres: Portrait, History pain

Top 10 Bitcoin Price Predictions for 2018 to 2022

image credit Although many Bitcoin price analyzer says "Bitcoin price is truly unpredictable", but, there are always some price specialists who love to make their own price predictions in various ways. Here are top 10 Bitcoin price predictions for 2018 to 2022 : 10. $20,000 By December 2018 :: Predicted by Pantera Capital's 9. $25,000 By December 2018 :: Predicted by Fundstrat Global Advisors  8. $28,000 By  April 2018 :: Max Keiser 7. $35,000 – $60,000 By Next Block Reward Halving (   ETA date:   30 May 2020   ) :: Alistair Milne 6. $50,000 By December 2018 :: Anthony Pompliano 5. $75,000 By December 2018 :: John Pfeffer 4. $100,000 By December 2018 :: Kay Van-Petersen 3. $250,000 By 2022 :: Brian Kelly 2. $250,000+ By December 2022 :: Tim Draper 1. $1,000,000 By December 2020 :: John McAfee Source :  bitcoinist Tags : Bitcoin, Cryptocurrency, Crypto Markets, Money, Economics, News,  This Post Was Published On My Steemit Blog . Ple

Seven Day - Black & White Challenge: [Day #04]

Seven day black & white challenge: [Day #04] Some simple rules must be obeyed to be eligible in this contest • Seven black and white images that represent an aspect of your life. • Present one image every day for seven days. • No people. • No explanation. • Nominate someone every day, but anyone can join the fun. • Use the tag -  #sevendaybnwchallenge  - as one of your five tags. My Today's Nomination :  @yogaunimal 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

Beauty of an Indian Village

Tags :   Flowers & Plants photography, India, Landscape photography, Nature, Photography, Village This Post Was Published On My Steemit Blog .  Earned : $33.48 SBD Converted to USD @0.9578$ Rate = $32.0671 USD .  First Time heard about Steemit ? Click Here To Know...

The Real Face Of India - Episode 96

The Real Face Of India - Episode#96 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 : 22 Jan 2018   Camera : SONY, Model : DSC-W710 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 ,  Epis

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 , 

Seven Day - Black & White Challenge: [Day #03]

Seven day black & white challenge: [Day #03] Some simple rules must be obeyed to be eligible in this contest • Seven black and white images that represent an aspect of your life. • Present one image every day for seven days. • No people. • No explanation. • Nominate someone every day, but anyone can join the fun. • Use the tag -  #sevendaybnwchallenge  - as one of your five tags. My Today's Nomination :  @kamesh 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

One day at the Zoo -Episode #07

Two weeks ago I visited "Alipore Zoological Gardens" in Kolkata which is mostly known as "Alipore Zoo". It was founded in the year of 1875 in British India. And it was established by Edward VII, and then The prince of wales. This zoo is the biggest attraction of the tourists in the "City of Joy". However, the Alipore Zoo has some notable historical value as it's the most old zoological garden in India. The zoo was also famous for the home of "Aldabra giant tortoise". But, in 2006 the tortoise died at the age of almost 250. There are now over 1266 animals of 108 species are living in the Alipore Zoo. And annual visitors of the zoo is about 3 millions. **I captured some photos, but, due to the obstacle of the fence I couldn't take them very clearly. ** To be continued ... Episode #1 ,  Episode #2 ,  Episode #3 ,  Episode#4 ,  Episode#5 ,  Episode#6 source of info :  Wikipedia Tags : Animals, Animals photography, Ph

macro of macaw's neck

Tags : Birds, Macro Photography, Photography, Birds photography, Animals photography, Wildlife 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
Back to Top