What is Byteball? - Speaking a bit about Byteball

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What is Byteball? - Speaking a bit about Byteball
# What is Byteball?

<center>![byteballbackground.jpg](https://cdn.steemitimages.com/DQmYKBoS68ALMb6smhMwBoUHHe6G9QqKjs8EjJcG1YNc4D9/byteballbackground.jpg)</center>

Hello steemians, today I want to talk about a topic that is breaking expectations and is going viral in **Steemit**, I will talk about a cryptocurrency which has a promising future with a much more efficient technology than the BTC and ETH.

Byteball is a decentralized system that allows the storage of evidence of arbitrary data, these include data that represent transferable values ​​such as coins. <a href=https://byteball.org>Byteball</a> It has storage units that are linked together so that each unit includes one or more **Hashes** of previous storage units. This serves both to confirm the previous units and to establish and order their partial origin.
#### The blockchain platform that is ready for the adoption of the real world has very interesting functions.

- Payments that can be easily sent to any network
- Identity controlled by the user
- Applications with easy development that connect all the above
- Unalterable contracts
- Scalable technology based on DAG

# Why use Byteball?

Byteball is the only ICO platform in the cryptocurrency market that offers conforming sale of ready-to-use security tokens, sells unregistered securities to accredited investors using integrated investor accreditation, and KYC is also required using the built-in real name verification. can sell by **Bytes, BTC & ETH** showing statistics in real time and all this thanks to the technology that integrates <a href=https://byteball.org>Byteball</a>.

# Byteball Bot Store

You can easily find new users for applications, it has tools so that developers who create applications have instant access to all users on the platform **Byteball** through Bot Store, this can be found in the wallet. Bot store is similar to **Google Play Store** or the Apple App Store, in the future Bot Store will have many applications that can be easily used by all users of the Byteball platform depending on their wallet.

# Wallet Byteball

<center>![wallet.png](https://cdn.steemitimages.com/DQmbdvL25arrPYzVJu4a8prgAQ3FmTKqBJkmwWKLfBunmgj/wallet.png)</center>

The Byteball wallet is a Wallet application available for multiple platforms or operating systems such as **(iOS, Android, Windows, Mac, Linux, Github)** in this variety of commands and services are executed in a decentralized manner through intelligent contracts of the net <a href=https://byteball.org>Byteball</a>. 

> For the massive adoption of this cryptocurrency Byteball devised a strategy in which it creates a free distribution of 99% of its Bytes & Blackbytes is using the intelligent payment system through established conditions, in the most known this reference of users are rewards of verification and rewards of reference. 

# What are the smart payments of Byteball?

If something very good that has the wallet <a href=https://byteball.org>Byteball</a> is that it allows to do something that the traditional currencies do not have, by this I mean the conditional payments, that is to say when making a payment you can establish a condition of payment, if the required conditions of your payment are not met. It is automatically returned to the purse address from which you issued your payment.

# What is P2P security?
The Byteball platform uses Hedge against negative events, you can buy insurance at par to receive the payment in case of a negative event, you can also sell non-profit insurance. Regarding the security that is implemented, it is based on a simple intelligent contract that can be unlocked by the insured if the event in question occurred or by the insurer, otherwise to ensure the delay of the flight you can look for the counterpart in the channel #p2p_insurance of the Byteball wallet in the Slack, you can create a contract, and if your flight is late, you create a chat with the delays in the flights of Oracle so that it publishes the data about the delay, then the contract is unblocked. 

## Pro & Cons of the Byteball wallet
### Pro:
- Smart payments
- P2p security
- Fast and efficient transactions
- Prediction markets
- Sports Betting P2P
- Sent cryptocurrencies by email or chat
- Sovereign identity
- P2P payments in the chat
- Chatbots
### Cons:
> No found cons.

# How to make money with Byteball?

In byteball money comes first, you can earn money through your Wallet by correctly predicting future events, create a smart P2P contract that can be unlocked if a specific event occurs. It can be used to contribute to price movements including sports betting and insurance. That is to say that for the next classic of the **Barcelona Vs Real Madrid** you can bet it safely and decentralized XD. You can find the counterpart in a channel called #prediction_markets in the Slack of **Byteball**.

# What is Textcoin from Byteball?

It is a tool that has the Byteball wallet in which you can send money by email or chat, simply type the email address where you would normally write a Byteball address, when you send it, receive a link in your email or chat. where you click, Best of all is that if the recipient is not yet using Byteball, you will be asked to install the wallet on the platform of your choice. If you have Android, the installation starts automatically.

### One of the things I like the most about Byteball is the sovereign Identity, you can store your identification in your wallet, you can choose to reveal it and to whom. You can verify it and store it safely in your wallet. When you want to reveal your identity to a service provider, for example, to participate in an ICO, you can simply remove it from your wallet with a few clicks.

# What is Blackbytes from Byteball?

It is an impossible currency to track, if you want complete privacy you can make payments in **Blackbytes**, transactions with this currency can not be observed in the public database, only sent as equals, You can even use a switch called **TOR** which is incorporated into the wallet if you wish to further increase your privacy. 

> Byteball is designed to generalize Bitcoin this so that it becomes a tamper-proof storage of any information, not just with electronic single currency transfers, and eliminate some of the most pressing deficiencies that prevent wider adoption and growth of Bitcoin Blocks In Bitcoin, transactions are grouped into blocks and blocks are linked in a single chain. Since the blocks are linearly linked, their spacing in time and size is optimized for close synchronization between the nodes, so that the nodes can share a new block with each other much faster than it normally takes to generate a new block .

The main characteristics of Byteball is the atomic exchange, regulated assets, chain oracles, also has immutable storage and purpose of the agreement. Byteball is a network that already has some time and is currently in the process of adoption in the decentralized world, for my part it is a very ambitious project with multiple tools and services that in some cryptocurrencies I can not find, the technology that they implement, both As a wallet and unique features it makes me see Byteball as a great project.

### I hope you liked my article about Byteball, it will be until next time, I say goodbye to you and wish you good luck and success for all the people and bot that belong to this great community like Steemit. Bye!

<center>https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmRCXEgxdfXMXYqLUvNnn4Mk8SM7MgBHKMCG32qMdwicr8/Gifhg.gif</center>
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