Details about BTC Network Demand Set II cryptocurrency
BTC Network Demand Set II
BYTE
Unknown for now
€73
1
Unknown
https://www.tokensets.com/set/byte-1
@SetProtocol
BTC Network Demand Set II price charts
BYTE exchanges
BTC Network Demand Set II, the crypto
BTC Network Demand Set II (BYTE) is a cryptocurrency that operates on the Bitcoin network. It acts as a scaling solution and aims to improve the network's performance by reducing transaction fees and increasing transaction speed.
The point
The main point of BTC Network Demand Set II (BYTE) is to increase the scalability of the Bitcoin network and reduce transaction fees. It achieves this by implementing a second layer on top of the existing network, which supports microtransactions and faster processing times.
The problem
BTC Network Demand Set II (BYTE) tries to solve the problem of slow transaction speeds and high fees on the Bitcoin network. As the number of transactions on the network has increased, the network has struggled to keep up with demand, leading to longer transaction times and higher fees. BYTE aims to address this issue by providing a faster, more efficient payment system that can handle a higher volume of transactions.
Compare BYTE and BTC performance
| Timeframe | BYTE | BTC |
|---|---|---|
| 1h change | 0 % | -1.20369 % |
| 24h change | 0 % | -1.67734 % |
| 7 day change | 0 % | -13.4064 % |
| 14 day change | 0 % | -9.86769 % |
| 30 day change | 0 % | -1.25024 % |
| 200 day change | 0 % | 114.805 % |
| Year change | -50.17 % | 105.794 % |