Obyte (GBYTE) Price
GBYTE RANK #1527The price of Obyte (GBYTE) is calculated in real-time by aggregating the latest data across 3 exchanges and 4 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko. Obyte is a distributed ledger based on directed acyclic graph (DAG) technology. It provides a decentralized, disintermediated, free, equal, and open platform for various applications. Launched on December 25, 2016, Obyte operates without blocks and miners, ensuring a unique approach to distributed ledger technology. Obyte is the first DAG-based cryptocurrency platform to support decentralized applications (dApps). The absence of miners and blocks eliminates the risk of front-running and other miner manipulation, making dApps safer and easier to develop. It also features a new programming language called Oscript, which avoids unsafe programming patterns common in earlier dApp platforms. Additionally, Obyte includes self-sovereign identity, private untraceable currencies, textcoins for sending crypto to email, and lightweight libraries suitable for small IoT devices.
