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Decentralized storage and transfer of value

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Symbol BYTES

Byteball is a decentralised system that allows tamper proof storage of arbitrary data, including data that represents transferrable value such as currencies, property titles, debt, shares, etc. Storage units are linked to each other such that each storage unit includes one or more hashes of earlier storage units, which serves both to confirm earlier units and establish their partial order. There is an internal currency called ‘bytes’ that is used to pay for adding data into the decentralised database. Other currencies (assets) can also be freely issued by anyone to represent property rights, debt, shares, etc.

Articles and research

Byteball analysis by TokenMarket

by Gavin Knight

Bridging Gaps Between the Major Cryptocurrency Paradigms by CoinTelegraph By Guest Author on CoinTelegraph



Anton Churyumov

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