Stay informed with Blockchain Today. Enable desktop notifications.

Obyte

Obyte (GBYTE) price, charts and news

$5.16

53.80%

Obyte market data

GBYTE Coin Price: $5.16
GBYTE Market Cap: $4,404,922
GBYTE Circulating Supply: 852,929 GBYTE
GBYTE Total Supply: 1,000,000 GBYTE
GBYTE 24 Hour Volume: $3,108
GBYTE 24 Hour High: $--
GBYTE 24 Hour Low: $--
GBYTE 24h Change: 53.80%

What is Obyte?

GBYTE is a cryptocurrency with original properties. The platform, unlike many other cryptocoins, does not work on the basis of the usual blockchain. It uses DAG technology (Directed Acyclic Graph). There is no familiar chain of blocks into which transactions are packed. Instead, new transactions are confirmed by subsequent ones, continuously connecting to the DAG. As a result, transfers are made almost in a matter of seconds, since there is no need to wait until a new block is created. Another popular cryptocurrency, IOTA, functions according to a similar principle. On the platform, you can run smart contracts, conduct initial placement of tokens, create decentralized applications. New users can be attracted to their Dapps conveniently using the Bot Store, which is built into the official wallet of the Bot Store platform this application is somewhat similar to the Google Play Store.

GBYTE price historical chart

Data Provided by CoinStats