Obyte, the crypto
Obyte, also known as GBYTE, is a decentralized distributed ledger platform that uses Directed Acyclic Graph (DAG) technology to manage data transactions. It was launched in 2016 with the aim of providing a secure, decentralized, and scalable platform for data storage and sharing.
The main point of Obyte (GBYTE) is to provide a secure and decentralized platform for managing data transactions. The platform uses DAG technology to allow for fast and efficient transactions that can be processed in real-time without the need for intermediaries.
Obyte (GBYTE) aims to solve the problem of data management in a trustless and decentralized manner. It provides a platform for managing data transactions without the need for intermediaries, which reduces the risk of fraud and censorship. The platform also provides privacy features such as stealth payments and encrypted messages, which protect user data from prying eyes.
We used an AI to answer three questions about GBYTE, so take this info with a grain of salt.