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| OByte 
| #GBYTE
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| GBYTE Price: | $10.93 | | Volume: | $8.6 K | | All Time High: | $1,196 | | Market Cap: | $7.4 M |
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| Circulating Supply: | 679,008 |
| Exchanges: | 5
| | Total Supply: | 679,008 |
| Markets: | 5
| | Max Supply: | 1,000,000 |
| Pairs: | 4
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The price of #GBYTE today is $10.93 USD.
The lowest GBYTE price for this period was $0, the highest was $10.93, and the exact current price of one GBYTE crypto coin is $10.92832.
The all-time high GBYTE coin price was $1,196.
Use our custom price calculator to see the hypothetical price of GBYTE with market cap of ETH or other crypto coins. |
The code for OByte crypto currency is #GBYTE.
OByte is 6.4 years old. |
The current market capitalization for OByte is $7,420,416.
OByte is ranked #571 out of all coins, by market cap (and other factors). |
The trading volume is small during the past 24 hours for #GBYTE.
Today's 24-hour trading volume across all exchanges for OByte is $8,570. |
The circulating supply of GBYTE is 679,008 coins, which is 68% of the maximum coin supply.
A highlight of OByte is it's unusually low supply of coins, as this tends to support higher prices due to supply and demand in the market. |
GBYTE has limited pairings with other cryptocurrencies, but has at least 4 pairings and is listed on at least 5 crypto exchanges.
View #GBYTE trading pairs and crypto exchanges that currently support #GBYTE purchase. |
World Community Grid: +59.1 Billion Charity Points From Obyte | HackerNoon
In 2018, Obyte joined the World Community Grid (WCG) to help good causes — and distribute rewards to our users. The WCG is a charitable digital project started back in 2004 by the tech giant IBM. In 2021, its assets were transferred to Krembil Research Institute, part of the University Health Network (UHN). In a few words, it lets anyone, everywhere, donate their spare computing power for scientific research purposes. By using all the energy that WCG provides, numerous scientists can quickly analyze large packs of data and make simulations of events and treatments. For example, evaluating a candidate protein that could be an effective treatment for COVID-19. This kind of research includes so many variants and data that it would take decades with only the computing power that could be provided by researchers. medium.com Volunteers from all over the world are reducing this humanitarian research to only months by donating their idle power. So far, the WCG has helped to find effective treatments for Zika, dengue, malaria, neuroblastoma cancer cells, HIV/AIDS, and other illnesses. Likewise, they’ve found new materials and methods to provide clean energy and water. They have “published over 35 peer-reviewed papers in scientific journals and have completed millions of CPU-years of computation in less than a decade”. All of this was possible thanks to over 808,000 users with 7.6 million devices, organized in 5,000 teams.... 
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Miners and Validators vs Order Providers in Crypto — What They Can Do If They Collude | HackerNoon
Miners and Validators vs Order Providers in Crypto — What They Can Do If They Collude | HackerNoon - As you may know, a distributed ledger platform is a type of software that enables multiple parties to maintain a shared, decentralized database in a secure and transparent way. One key thing those parties need is consensus. They must agree about the state of the ledger and its data. That’s why we have miners (in PoW blockchains), validators/forgers/bakers/etc. (in PoS blockchains), and Order Providers (in a DAG). Proof-of-Work (PoW) blockchains, such as Bitcoin, solved the consensus problem with mining. In this case, “special” users are in charge of mining (producing) new blocks of transactions. They do so by using their computer power and following strict cryptographic rules. The more computer power they have, the more blocks they can mine, and the more coins they’ll receive for it. On Proof-of-Stake (PoS) blockchains, miners are replaced by validators (a misleading name since what they do is much more than just checking the validity of transactions). Instead of using their computing power, validators buy the right to produce blocks. They have to either lock away a certain number of coins in a special crypto address, or just own them, or have them delegated by others, so they can create blocks and obtain transaction fees in return. The more coins they buy, lock, or are delegated with, the more rights and benef...
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Open-source Development and Cascading Donations | HackerNoon
Donations aren’t uncommon in crypto. Some altcoins and Dapps were created with that purpose, indeed. A lot of NGOs and several good causes have benefited from donations. However, perhaps the ones behind free open-source software are a little bit neglected, to say the least. We’re talking about open-source developers. In case you didn’t know this, most of them don’t receive any payment for their work. “Open-source software” doesn’t necessarily mean it’s a free product. It means that the code of that software is publicly available for review and open to collaboration. But usually, it is free. Quite popular open-source software like LibreOffice, Gimp, VLC Media Player, and Bitcoin itself rely on the goodwill of developers worldwide (and donations from users). This is like a hobby for them because nobody pays them for it, in most cases. So, do they create this software and give it away to the public? Without any monetary benefit? It’s more complicated than that. If you’re a carpenter, you could build a chair and give it away easily. Your goodwill ends when the chair arrives at the final user. Open-source software is different for a simple reason: it needs constant maintenance and updates to survive. — Funding open-source projects - The bad news about these good-will-driven projects is that developers aren’t robots. They need to eat and pay bills, like everyone else. Since open-source development can...
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Educational Byte: DAG explorer and other Obyte stats
As you may know, blockchain explorers are friendly websites to consult any crypto transaction, address, and other related data — if the currency isn’t private. We can find a search bar there, and type (or copy/paste) addresses, hashes, IDs, blocks, or assets to discover more details about them. A DAG explorer isn’t that different. These explorers aren’t really “the blockchain” or “the DAG” themselves, but a software tool to consult the original data, sheltered by the network nodes. They use an Application Programming Interface (API) to pull the information from one of such nodes and display it in a user-friendly way. In other words, they’re just friendly browsers (like Google Chrome) to find information about blockchains and DAGs. The scope of this information varies from ledger to ledger, so let’s learn a bit more about this in Obyte. — Available data in the Obyte DAG explorer - The Obyte DAG Explorer is simple and friendly. Unlike blockchain explorers, it shows the DAG growth in real-time. Every circle (ball) in the graph is a transaction. Obyte refers to transactions as “storage units”, or just “units”, as a financial transaction is just one of many types of data you can store on Obyte. By clicking on them, we’ll open more details to the right. Unit ID: is the unique identity of the transaction. In technical terms, it’s a SHA-256 hash of the transaction’s data encoded with Bas...
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A Key Recap: Cryptos and Obyte News in March 2023
If you’ve been in the crypto world for some time now, you must know that information is gold. It’s very important to keep up to date with the latest news in the industry, and also consider some macroeconomic issues. A healthy portfolio depends on it. So, let’s check what happened in March 2023 for cryptocurrencies and Obyte. — Banks in trouble + crypto market - We heard very bad news from the US banking system last month. Three large US banks failed, while several others are on the brink of it. Besides, they were very related to the technology and cryptocurrency world, providing their services to firms in these industries. The first one to fall was Silvergate Bank, which had a big exposure to the crypto exchange FTX — in bankruptcy since last year. They released a public notice about it on March 8, and the investors started to panic. The next victim was the Silicon Valley Bank (SVB) on March 10. In this case, their exposure to long-term Treasury bonds, combined with mass withdrawals, brought them high losses. Barely two days later (March 12), the Signature Bank collapsed as well. At least 20% of their customers were from the crypto industry.Signature Bank with the press outside. Image by SWinxy_CC The SVB ($209 billion) and Signature Bank ($118 billion) collapses are now considered the third and fourth largest bank failures in the US so far. As a consequence, other banks were in danger too. They include t...
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Crypto oracles on the Obyte network: all you need to know
Blockchains and DAGs can’t read external information by themselves. They’re their own independent digital realms, with their own users, assets, operations, and functions. As such, they’re not natively linked to outside data, let alone to the physical world. Crypto oracles were created to enable that connection. In this context, oracles are services that provide external (off-chain) information to the distributed ledger. In particular, they provide the data that smart contracts may need to complete their tasks. For example, a sports-betting smart contract (or Autonomous Agent) needs the result of an established sports match, like which team won in a football game. The ledger can’t provide that by itself, so the oracle creates a bridge to do it. However, a crypto oracle isn’t really the data, nor the source of that data. As the Canadian National Institute for Scientific Research (INRS) pointed out in a study:“It’s important to note that a blockchain oracle is not the data source itself, but rather the layer that queries, verifies and authenticates external data sources and then relays that information. The data transmitted by oracles comes in many forms, e.g., information, the successful completion of a payment, or the temperature measured by a sensor.” In the same vein, they classified oracles mainly as software, hardware, or human oracles (depending on the data source), and inbound or outbound oracles. The l...
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Educational Byte: Obyte Wallet and its smart functions
Cryptocurrency wallets are, usually, something simple. Beyond all the technical, cryptographic stuff, what the end user gets is a digital app like any other. They could be suitable for desktop or mobile, or both. Most of them are very intuitive and come with only a few functions: balance, history, send, and receive. The Obyte wallet is much more than that. As you may know, Obyte is a smart platform that comes with many interesting features. We can name some of them: multisignature accounts, conditional payments, P2P insurance, smart contracts, self-sovereign identity, oracles, textcoins, chatbots, private tokens, etc. Almost all of them can be accessed through the Obyte wallet, without further issues. Therefore, “send and receive” isn’t the only purpose of our wallet. There are, without counting the settings, at least 27 additional smart functions. Do you know them all? Let’s explore a bit. — Home + Menu + Scan - The first thing we’ll see is the Home (down) and the Main Menu (three lines in the upper left corner). Here is our current balance, divided per token if we have more than GBYTEs. If we go to the right, we’ll find our Blackbytes (GBB) balance as well. The little gear to the right of the graphic can lead us to adjust our preferences for the currently selected account. That includes the account name, color, hidden assets, and the number of addresses we want to generate. On the other hand, the Main ...
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Obyte chatbots: crypto payments and smart features
You’re likely used to chatbots already. They’re quite common in customer support, and they’re everywhere these days. What is really uncommon is seeing them around crypto. That’s maybe because most cryptocurrencies aren’t companies that offer customer support. However, chatbots could also help us to carry on a lot of features in our wallets. A chatbot is nothing more than a simple app designed to “chat” with users and meet their needs. There are complex AI chatbots that try to imitate a real human conversation (with varying degree of success), but there also are simpler chatbots with pre-programmed questions, answers, and features. That’s the kind we’re gonna see here. Simple chatbots are a great tool to eliminate intermediaries, make faster payments, access some features that couldn’t be easily accessed otherwise, and obtain easy instructions for specific functions. In Obyte, they come as a native feature in our wallet. — How Obyte chat and chatbots work - A private chat is already built-in in the Obyte wallet, available for all users. You can talk to people (contacts) there, or simply pick a chatbot to complete a task. Behind all of this, a chatbot is a simple program written in NodeJS. Its connection with the server and the wallet is achieved through WebSockets (a protocol for real-time communication) and an Obyte hub. The hub is an Obyte storage node. It’s the only intermediary in the whole ...
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Educational Byte: How to protect your private keys and personal data
There are some scary and sad stories about crypto private keys. A lot of people lost them, especially in the early days of Bitcoin. And that means they also lost all the money associated with those keys. In some cases, the treasure became millions over the years — crypto prices tend to increase. It is, then, super important to protect your own private keys. Do you already know what ‘private keys’ are? Let’s go over it a bit. Then we will learn some essential security measures. — The importance of private keys - Private and public keys are both cryptographic tools to handle sensitive data. They’re mathematically related to each other. However, the public one is to share with others (like an email address), and the private one is to keep for yourself (like a password). They work to share digital information (or coins) safely and ensure that only the party that has the ‘password’ (private key) can access and control that information — be it data or digital money. A traditional crypto address is derived from the public key, while a “seed” or “mnemonic phrase” is derived from the private key. Every crypto wallet around handles those complex data for you. In the end, your private key (seed) could look like a long string of random words. Just as they do in Obyte, Bitcoin, Ethereum, and other platforms: together orange pelican tooth fox lucky half cup window coil radar pen They seem insignific...
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Blackbytes (GBB): a decentralized and private form of cash
A Directed Acyclic Graph (DAG) distributed ledger like Obyte offers a lot of advantages. One of them is enhanced privacy due to the possibility of using a private cryptocurrency. Blackbytes (GBB) is available here for anyone to use, at any moment, and through several channels. This asset, unlike the current alternatives, is a true form of digital cash — as we’ll see ahead. But first, let’s talk a bit about how regular cryptos work, and why they’re not really private. — Crypto anonymity myths - Not everybody knows this, but achieving privacy by using cryptocurrencies isn’t always possible. Indeed, most cryptocurrencies and blockchains aren’t private at all. Bitcoin (BTC) was used by Darknet users in its early days because it’s pseudonymous: you don’t give away your name, only your wallet address. That doesn’t mean your personal data can’t be traced back to you, though. In the first place, every part of the transaction is publicly available in any blockchain explorer. Things like date, amount, current balance, previous operations, recipient addresses, and much more about your BTC history are easily accessible online. This is worse when you reuse the same address. The location of your device (IP address) isn’t exactly hidden by default, so your location is available as well. Starting with only a wallet address, some experts could actually track your name and personal data. Not to mention that e...
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Crypto Coin Prices and News 