Obyte

About Obyte token

Obyte, previously known as Byteball, uses Directed Acyclic Graph (DAG) technology, which distinguishes it from other cryptocurrency assets that use blockchain technology. It is the case that unlike blockchains, which allow a limited number of block producers to control varying levels of transaction censorship, Obyte's DAG structure allows users to add transactions directly which greatly improves the level of decentralization and reduces the concentration of control and power. In addition, the platform supports a wide range of functions, which include smart contracts, autonomous agents, and payment systems of a higher level. It is unlike other cryptocurrencies in its emphasis to reduce reliance on third-party services, which enhances personal autonomy in the digital world and assert individual freedoms. These features greatly satisfy the requirements of individuals and organizations who seek an unhindered venue to perform financial transactions and other interactions. Founded in 2016, Obyte has continued to evolve and has further decentralized and introduced innovative applications, especially in the DeFi sector without sacrificing on privacy and security.

Key metrics & performance data

($gbyte) is a Binance Smart Chain-based cryptocurrency token with this contract address 0xeb34de0c4b2955ce0ff1526cdf735c9e6d249d09. The official launch date of the token was November 13, 2021.

Currently, the Obyte price is $2.3132870762548423 with a -8.46% increase in the last 24 hours. The token has a 24-hour trading volume of $87 251 103.70 and a total market capitalization of $2 087 098. ($gbyte) is held in 245 wallet addresses with the top 10 addresses holding 0.94% of the entire supply.

Current site metrics show that $gbyte is ranked 1906th in popularity, and 5942th in GuGu Rank.