DAG (IOTA, XRB) : Bytes need more attention
In the world of DAG, I do think it's time for Byteball to get more attention. Yes, I know that for English-speaking people, the name is hilarious. I will pass on this topic.
Like IOTA, Byteball is scalable. On the contrary, it doesn't use POW. It uses a Mainchain with a very small fee to include tx. So, there is an incentivization. Try it and you'll see : Byteball is very fast and never stops.
Byteball also has an anonymous asset called : Blackbyte. You can buy them with GBYTE within the wallet. You won't find Blackbyte on traditional exchanges since it's totally private.
I have just mentionned the wallet : it's the best I have ever seen (and I know that Ark and Neon are pretty cool too but this one is totally different). Use the light one (because the full node is very slow to sync). Within the wallet, you'll find an altcoin exchange performed by Changelly. It means you can switch very easily from byteball to other alts without going to any exchanges. There's also some oracles/bots which let you insure your flight or bet on sports game. They are very easy to use. There's also an asset manager that let you create byteball assets.
Also, the first ICO on Byteball platform (Titan) used the wallet to receive and send funds : it was the easiest ICO I have ever seen (even with Request :)
There's also a new functionnality to send Byteball via email. User-friendly as fuck.
If you are on mobile, wallets are also available for Android and even though it's a bit more difficult for iOS it's possible to use it with XCode.
Byteball has also a utility in the real world : there's a 20% cashback program with real merchants if the payment is done with bytes or blackbytes. There's already merchants and the list keeps growing.
- Premiumize : premium downloads, cloud torrents, and VPN
- NODEshare : Masternode as a service
- Osteria il Trullo : a restaurant in Milan (have you ever eat in Milan ? Gorgeous)
- Dr. Terrence Lee : Fertility Care @ Orange County, CA
- Jojo Savard : a Canadian television psychic
- BTC Germany : a cryptocurrency blog
- A AirBNB host in Tokyo
- Marigona Dent : dental clinic in Kosovo
- Kanzlei Hellinger : a law firm in Germany
- LP : a hair salon in Japan
- StarDelta Audio Mastering : a Grammy Award Winning Music Studio
- Yamauchi-Dou : a store in Japan
Also, there's a bigger cashback program ongoing in Milan, Italy with 14 merchants.
MINUS : Right now, Byteball is still to much centralized : 12 of 15 witnesses are from Tonych, the founder. But it's changing. The tech is still young and remember that in the beginning, Bitcoin was centralized, too. IOTA is still very much centralized. And some other platforms like Dash have a centralized point.
Byteball lacks of marketing : it's very true and I hope it's going to change. The community on BTC Talk and Slack is very active and can help to promote byteball. I try to do it myself because I'm in love with this platform.
PLUS : Actually, Byteball is still very cheap : a GBYTE is currently $265 or 0.0158 BTC / a GIOTA is $4820 or 0.25 BTC ! But in the end, they will only be 645 222 GBYTE while there is 2.77 millions GIOTA.
Disclaimer : I own IOTA, XRB and GBYTE/BB.
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