Byteball Smart payments made simple Read the whitepaper Get Byteball Why use Byteball?Byteball allows you to do something that traditional currencies can't: conditional payments.You set a condition when the payee receives the money.If the condition is not met, you get your money back.P2P payments in chat Chat and pay in the same app.Prediction markets Create a P2P smart contract that can be unlocked if a specific event occurs.Use it for betting on price movements and insurance.Find your counterpart in #prediction_markets channel on our Slack.P2P insurance Buy insurance from peers to get paid in case a negative event occurs.Sell insurance for profit.Insurance is just a simple smart contract that can be unlocked by the insured — if the event in question did occur, or by the insurer — otherwise.To insure against flight delay, find your counterpart in #p2p_insurance channel on our Slack, create a contract, and if your flight arrives late, chat with flight delays oracle to have it post the data about the delay, then unlock the contract.

P2P betting Bet against other users on sports events.Find your counterpart in #prediction_markets channel on our Slack and create a contract that can be unlocked by you or your peer depending on the results of a future game.bitcoin sms verificationAfter the result is known, chat with sports oracle to have it post the data about the outcome, then unlock the contract.how does bitcoin escrow workChatbots Shop by chatting with a merchant's bot, pay in two clicks.circle bitcoin limitExchanges and other services are also easy to use in conversational interface.bitcoin news in tamilBot store Easily discover and add new chatbots via the built-in Bot store.yahoo bitcoin botnet

Developers have instant access to all users by publishing their chatbot in the Bot store.See the developer guide about building chatbots.Untraceable currency: blackbytes When you want complete privacy, pay in blackbytes, a cash-like untraceable currency whose transactions are not visible on the public database, they are sent peer-to-peer instead.bitcoin entrepreneur arrestedUsers help each other There is no central entity that stores and processes all the payments.bitcoin x2Instead, transactions created by users are cryptographically linked to each other, and once you add your new transaction, the number of other transactions that link to it grows like snowball.ethereum javaOther features: Immutable storage Once stored in the Byteball database, the data can neither be revised nor removed.litecoin news 2013

Settlement finality After certain criteria are met, a new transaction becomes final.It cannot be revised even by a powerful attacker.Regulated assets Regulated institutions can issue assets that are compatible with KYC/AML requirements.Every transfer of such asset is to be cosigned by the issuer, and if there is anything that contradicts the regulations, the issuer won't cosign.Multi signature For security, you can require that your funds be spendable only when several signatures are provided, e.g.from your laptop and from your phone.For shared control of funds, signatures from different people may be required.On-chain oracles When dealing with untrusted counterparties, you can lock the funds on an address that is spendable either by you or by the counterparty, depending on the events registered to the database by trusted third parties.Atomic exchange When two parties sign a single unit that executes both legs of the exchange, the two transactions either happen simultaneously or don't happen at all.

It is no longer necessary to trust any centralized exchanges.Get the Byteball wallet iOS Android Windows Mac Linux GitHub After installing, chat with the Transition Bot to participate in the next distribution round Buy or sell bytes by chatting with a trading bot P2P exchange bytes vs bitcoins, get your merkle proof by chatting with BTC Oracle View public transactions on the DAG explorer Fair initial distribution 98% of all bytes and blackbytes will be distributed to current Bitcoin holders who bother to prove their Bitcoin balances during at least one of distribution rounds.No investment is required, you need just to link your Bitcoin and Byteball addresses by making a small BTC payment or by signing a message with your Bitcoin address.Then the number of bytes and blackbytes you receive in each round will be proportional to the balance of your Bitcoin address in the snapshot block of that round.In the first round, over 70,000 BTC was linked, and we distributed 10% of all bytes and blackbytes according to linked Bitcoin balances in the first Bitcoin block timestamped Dec 25, 2016 (Christmas block).

In the 2nd to 6th rounds, we distributed another 15.5%, over 450,000 BTC was linked.In the 7th round, which is scheduled for the full moon of July (July 9, 2017 at 04:07 UTC), we'll distribute 62.5 MB for each 1 BTC of linked balance and 0.2 new byte for each 1 byte you already hold.To participate, install the wallet and chat with the Transition Bot that will help you link your Bitcoin and Byteball addresses.Completely new technology Byteball data is stored and ordered using directed acyclic graph (DAG) rather than blockchain.This allows all users to secure each other's data by referencing earlier data units created by other users, and also removes scalability limits common for blockchains, such as blocksize issue.The consensus algorithm used to protect from double-spends is based on establishing a total order within the DAG.This is achieved by selecting a chain, called main chain, which gravitates towards units issued by commonly recognized reputable users — witnesses.See the white paper for details.