Do you know about Byteball & it's fair 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 no block size issues, because it has no blockchain 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 ...

In my previous  post  I wrote about byteball in details & explained how can you  get free bytes  absolutely free. Now, I share a superb video uploaded on  wiki.byteball.org by  Jore Bohne. In this video it shows how the conditional payment really works. So, to exchange two different assets between two individuals we do not need any other third party exchanges or escrows. All is made through P2P exchanges via smart contracts. It's a fantastic feature built on byteball platform. This is also called "Atomic Sweep". What is "Atomic Exchange ?" When two parties sign a single unit that executes both legs of the exchange, the two transactions either happen simultaneously or don't happen at all. It is no longer necessary to trust any centralized exchanges. Tags : Byteball, Cryptocurrency, Money, Video, Crypto Markets,  This Post Was Published On My Steemit Blog . Please, navigate to steemit and cast a free upvote to help me if you like m...

Do you know about Byteball & it's fare distribution ? image credit 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 sno...