Obyte company info

What does Obyte do?
Obyte (CRYPTO:GBYTE) is a decentralized cryptocurrency platform that is designed to be scalable, secure, and easy to use. It is built on a new consensus mechanism called Directed Acyclic Graph (DAG). This consensus mechanism is designed to be more energy-efficient and scalable than traditional Proof-of-Work consensus mechanisms. Obyte operates using a decentralized network of witnesses. These witnesses are responsible for processing transactions and securing the network. GBYTE holders can stake their tokens to become witnesses and earn rewards for participating in the consensus mechanism. The main objective of Obyte is to become a leading decentralized cryptocurrency platform that is used by people from all over the world. The Obyte team is committed to providing a fast, secure, and affordable platform for users to transact and store their digital assets.
Obyte company media