Obyte (GBYTE) is a token of a cryptocurrency platform and a distributed ledger on a directed acyclic graph (DAG). Access to the ledger is decentralized, non-intermediary, free and open. The project supports dApps and development in the Oscript language, which is designed to avoid unsafe programming patterns common in earlier dApp platforms.

Obyte news today, GBYTE crypto latest news of token ticker

Obyte

Luc Chase [🇧🇧🇬🇧💷⚪]

RT @lucchase: Storage memory has intrinsic value.  The $Gbyte fee to store a record occupying 900 bytes of memory on the @ObyteOrg ledger i…

Storage memory has intrinsic value.  The $Gbyte fee to store a record occupying 900 bytes of memory on the @ObyteOrg ledger is...... 900 bytes; no matter how busy the network. *Unbounded scalability* means no need for fee auctions to ration access to the ledger.  #ScalableDeFi https://t.co/nOHP1uHRM1

Let’s talk about fees…

There is no fee market on #Obyte because it's DAG and everybody just pays the fee based on size it takes in database✅

Even if $GBYTE marketcap would be as big as $ETH, transaction fees would be still 100 times lower💥

#DeFi #Crypto #DLT