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What is Obyte?

Obyte functions as a decentralized ledger built on a directed acyclic graph (DAG) framework, distinguishing itself from centralized ledgers and conventional blockchains by fostering a system that is open, fair, and free of intermediaries. This structure enables users to access the ledger without restrictions while promoting decentralization. Through its Bonded Stablecoins platform, individuals can issue stablecoins pegged to currencies like USD or BTC, as well as create new stablecoins linked to diverse assets or indices. Moreover, the Stable+ coins are designed for appreciation, with holders potentially earning interest rates of up to 16% annually in USD. The platform also offers governance tokens, which increase in value as more Stable+ coins are issued. To facilitate trading of tokens on the Obyte network, users can take advantage of the ODEX decentralized exchange or the Oswap automated market maker; ODEX utilizes off-chain order matching for fast transaction speeds akin to traditional exchanges, while Oswap allows users to earn fees by providing liquidity with each trade. A notable aspect of Obyte is its ability to facilitate conditional payments, enabling users to establish specific conditions that must be fulfilled before the recipient can access their funds, thereby enhancing the flexibility of financial transactions. This groundbreaking functionality not only redefines the utility of digital currencies but also opens the door to numerous innovative applications in the financial landscape. Furthermore, Obyte’s commitment to decentralization and user empowerment marks a significant shift in how digital assets can be managed and utilized.

What is DigiByte?

DigiByte goes beyond being just a fast digital currency; it stands as an innovative blockchain platform designed for various applications such as digital assets, smart contracts, decentralized applications, and secure authentication. Its unique architecture comprises three advanced layers that create a strong network infrastructure, enhance security measures, and improve communication, all while maintaining remarkable speeds. The top layer operates much like an app marketplace, offering practical real-world applications. Through the DigiAssets protocol, users can create a wide range of digital assets directly on the DigiByte blockchain, showcasing its versatility. The middle layer plays a crucial role in governance and security, safeguarding Digital Bytes from counterfeiting, duplication, or hacking. Additionally, DigiByte features a tamper-proof public ledger that carefully records every transaction involving DigiBytes, ensuring transparency and trust. With five proof-of-work algorithms, DigiByte fortifies its security, and new DigiBytes can only be introduced via mining, reinforcing its status as a decentralized currency. This comprehensive framework not only establishes DigiByte as a flexible platform but also positions it as a formidable player in the rapidly changing digital currency arena, paving the way for future innovations and applications.

Media

Media

Integrations Supported

ALX Wallet
Chain49
CoinSpot
Guarda Wallet
Koinly
Ledger Nano X
NOWNodes
PancakeSwap
QuickSwap
Telegram
Uniswap

Integrations Supported

ALX Wallet
Chain49
CoinSpot
Guarda Wallet
Koinly
Ledger Nano X
NOWNodes
PancakeSwap
QuickSwap
Telegram
Uniswap

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Obyte

Company Website

obyte.org

Company Facts

Organization Name

DigiByte Global

Date Founded

2013

Company Website

digibyte.org/en-us/

Categories and Features

Categories and Features

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