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 health benefits of yoga

Yoga is a sort of stance and breathing activities. It unites physical and mental controls to accomplish peace of body and psyche, helping you unwind and oversee anxiety and tension. Conventional Yoga puts accentuation on conduct, eating regimen and contemplation. Yet, in the event that you're simply searching for better push administration—and not a whole way of life change, yoga can at present help. Yoga mentors step by step pick simpler to complex exercises for specialists. In any case, all specialists don't as a matter of course need the same sorts of practice.  The potential medical advantages of yoga are various and may include:  1. Stress lessening :  With its peaceful, exact developments, yoga draws your core interest far from your occupied, riotous day and towards quiet as you move your body through represents that require equalization and fixation.  2. Increased fitness :  As you learn and refine new postures, you may appreciate enhanced parity, adapt

One Black & White Photograph Daily for 30 days - Day #06

Green in Town - two palm trees Camera : Nokia Model : N78 Location : Kolkata, West Bengal, India Snap Taken : 25 May 2009 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

HOW GOOGLE'S NEW A.I. MICROCHIPS TAKE A PAGE FROM BITCOIN MINERS

Yesterday at  Google’s I/O developers conference , CEO Sundar Pichai briefly spoke about a custom-built chip that helps give Google its edge in machine learning and artificial intelligence. The chip, dubbed a TPU or Tensor Processing Unit (in keeping with  Google's A.I. platform TensorFlow ), is specifically wrought for running Google’s decision-making algorithms.  Most companies like Facebook and Microsoft use GPUs  for their machine learning and artificial intelligence.But Pichai’s speech and the  accompanying blog post  only reveal a few details about TPUs. About the only useful thing we know about the chip is that it’s an ASIC, or application-specific integrated circuit. ASIC chips aren’t bought off the shelves, but designed specifically to do one task very well without using a lot of power. They’re used in applications that never change, like the controlling how a phone battery charges. .............................. [ read full story ] Tags :   Bitcoin, Business,

Black magic and Voodoo spells

Tags :   Magic, Video, Youtube, Funny This Post Was Published On My Steemit Blog .  Earned : $00.00 SBD Converted to USD @0.8809$ Rate = $00.00 USD .  First Time heard about Steemit ? Click Here To Know...

Visiting deep inside the Sundarbans & spent days with Bawali - Episode #06

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 -- Time to land ..... preparing to go deep inside the jungle After landing on the bank of the canal....... in the forest Camera : SONY Model : DSC-W710 Location : Sundarbans, West Bengal, India Snap Taken : 03 Nov 2017 To Be Continued.

Amazing arts by unknown artists - Series #33

I captured all these art photographs in the Kolkata Book Fair, 2018. I tried to know the original artists of these awesome arts, but, failed. Enjoy this awesome arts. All credits goes to the unknown artists :) To Be Continued.. Previous 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 Tags : Art, Drawing, Fine arts, Painting, 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 [Fi

Ancient alligators which had long legs and run faster than dinosaurs, also ate them

image credit Imagine an alligator with long four legs and runs faster than dogs. Am I crazy ? Probably not. But, this species is now extinct. They lived in the Jurassic Period. The name this amazing creature is Galloping crocodile. It existed 100 million years ago. And also they preyed on dinosaurs!  The most attractive features of Galloping crocodiles are their bone structure. After made research on their bones structure scientists said that they were efficient swimmers but that when they clambered ashore they were also capable of galloping across the plains. But, modern crocodiles crawl on their bellies because their legs sprawl out to the side.  The fossils of this primitive crocodiles are now discovered in North Africa by a group of fossil hunters. Most of the fossils was discovered in the year of 2001.  Hans Larsson , a paleontologist at the University of Montreal, who took part in the expedition which was sponsored by National Geographic, wrote -  "We were surpr

Monkeys playing in a tree - Shot#3 [A better close shot]

A few monkeys playing in a tree......... Tags : Animals photography, Photography, Wildlife, 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

SOLA (Social Layer) - Another Way To Monetize Your Digital Contents On Decentralized Social Platform

What is Sola ? Now-a-days Steemit is very successful in its way. Thousands of bloggers earn over $1000 everyday by blogging on steemit platform. Sola is not very similar to Steemit , but, a common thing is that you can earn on both platforms by sharing your thoughts & creative contents. Steemit is a blogging platform, but, Sola is a social sharing network where you can share anything and people do endorse your digital contents with real money. Both steemit and Sola are decentralized social platform. From it's whitepaper - Sola is the next generation decentralized social platform that incentivizes and benefis all involved parties — users, third-party developers and the core team. The name Sola is an acronym for “social layer.” Sola is an open ecosystem, which means that most of its source code will be made open source and available for audit, improvement and usage by anyone. This document outlines Sola’s fundamental principles, structure and its economic and

A short article on "flying dinosaurs"

image credit 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 credit Pterodactyl Fossil image credit 2. Petinosaurus Petinosaurus wings were formed by membranes of skin and other soft tissues. And also there were no feathers on their wings. These types of flying dinosaurs are small in size than Pterodactyl. Food habit is the same as Pt
Back to Top