Byteball Bytes Prediction 2018, GBYTE Forecast and Price Charts – When to buy GBYTE? What is the GBYTE price today? GBYTE Forecast, Short term and Long term Price Predictions for Next Months and Year: 2018, 2019 and 2020.
WHAT IS BYTEBALL BYTES (GBYTE)?
Byteball (sym. GBYTE) is a decentralized smart payment system that allows users to store data in a tamper-proof way on other systems. It ensures trust by making use of multiple nodes under the same immutable rules for validation. It also allows the sender to set rules that the receiver should meet to complete the payment, else your money is given back to you.
BYTEBALL BYTES (GBYTE): HISTORY
The launch and the first coin distribution both happened on Dec 25, 2016. Of the total supply of Byteball, 10% were distributed and the company received more than 70000 BT’s during that time. The company managed to sell 48.4% more coins in 8 subsequent offerings.
HOW DOES BYTEBALL BYTES (GBYTE) WORK?
Byteball Bytes makes storing arbitrary data transparent, anonymous and secure. It uses a data linking mechanism in which each block of data will have hashes from the block behind it to make the connection. It uses its own internal currency “bytes” to pay for these transactions but also allows the user to use any currency to pay for the goods/ services they purchase. Users also get to choose a trusted witness who is a trusted member of the unit and is the least likely to double spend. There is also a black version of the byte coin that is untraceable and unexchangeable without pairing wallets.
HOW TO BUY BYTEBALL BYTES (GBYTE)?
The first step will be to buy some BTC from Coinbase or any other preferred site. Now find an exchange that trades Byteball bytes like Bittrex or Cryptopia and create an account. Then go to the receive/deposit tab on your newly created Bitcoin wallet and note the wallet address. Then send BTC to this wallet and then trade it for GBYTE on the exchange of your choice.
BYTEBALL BYTES (GBYTE) PRICE PREDICTION 2018
Byteball Bytes applies the blockchain concepts for arbitrary data storage and is a nice option to put your money on. The value as of 22-2-2017 is $460.55. You will get 0.217 GBYTEs for every 100$ of your investment. Based our forecasts, we can expect a long-term increase in price with a five-year prognosis placing currency at $3294.480. Today’s price is $457.93 USD. There are only 645,222 GBYTE tokens in supply. The market cap sits at $297,156,371 and the trading volume stands at $1,951,420. Byteball Bytes price prediction, GBYTE price forecast, GBYTE price and news, GBYTE price forecast, GBYTE price prediction 2018, What is the price of Byteball Bytes 2018.