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)

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

macro photography of a strawberry

Tags :   Food, Fruits, Macro Photography, Photography, Fruits photography, Food photography This Post Was Published On My Steemit Blog .  Earned : $00.00 SBD Converted to USD @0.8943$ Rate = $00.00 USD .  First Time heard about Steemit ? Click Here To Know...

Before A Heavy Rainfall

I clicked at the exact time ; after about 5 minutes rain started Location : Dakshineswar, Kolkata Snap taken : 02 August 2016 Camera : Xiaomi ; model - 2014818 Tags : Photography, Nature, Landscape photography, Flowers & Plants photography, Sky,  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

"The Old Man"- My Original Abstract Art

My Original Abstract Art "The Old Man"  enjoy :)  Tags : Abstract, Art, Drawing, Painting,  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

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

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

On the bank of India's most sacred river the Ganges

Tags : India, Nature, Photography, Rivers, Landscape photography, Water,  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

Alien 3D - My 3D modeling with poser [Download free this 3D model Here]

Today here I share one of my 3D model "Alien". I create this 3D object with the help of Poser Pro 2010. You may also download free this 3D model in 6 different formats - poser, 3D studio, lightwave, wavefront object etc. If this 3D model will be popular here then I'll make another posts for sharing my 3D models free. Here is also a preview video Now Download this 3D model :  Download Now   I hope you enjoy this :) Tags : 3D Models, Art, Graphics, Poser,  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

The Real Face Of India - Episode 125

The Real Face Of India - Episode#125 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 ,  Epi

What I Learnt Today : Tourists can buy live animals as keychains and lucky charms in China

image credit An amazing & also shocking information is just waiting for you. You must be astonished when you hear the truth about the components used to make some sort of keychains in China. In China some sort of keychains are made with live animals. These special keychains are made for tourists. image credit Which animals are used ? Generally small fishes or turtles are placed in a small sealed plastic keychain container. image credit How long these animals live ? The sellers claim that they keep some nutritious supplements inside the plastic containers. This nutritious supplements keep the animals alive for several weeks or months. This is 100% false. Only food makes no animal live for a long. Without fresh oxygen, water, air no animals can survive for a long. Actually, no access to air and limited space kills these animals quite quickly. image credit Unfortunately, buying or selling these poor creatures as keychains is not banned in China. These activit
Back to Top