This smart-contract feature has many real-world peer-to-peer applications, including:. One can send Bytes Byteball funds by email or WhatsApp etc, even if the recipient is not in Byteball yet.
For email, the sender just writes an email address where he would normally write a Byteball address. When he hits "Send", his email app is opened with pre-filled text for the recipient.
The sender can edit the textcoin text before sending. The recipient receives an email with a link. Starting 18 January, every Byteball user can link his Byteball address to his real world identity. At the same time, a hash of the personal data is stored on the public DAG and signed by a trusted attestor. The attestor also serves as a witnessso it is already trusted.
This attestation allows the user to prove to anybody that his Byteball "Wikipedia slacks for en dag" is linked to a verified person, without disclosing any personal information. It also allows to reveal the private information to individual service providers on demand, and the service provider can easily verify authenticity of this information using the hash stored on the public DAG.
When you have attested an email address using the Email attestation botanyone can make payments to you from their wallet using only that email address. The platform will automatically replace it with the attested Byteball address. Note that if you have several email addresses you Wikipedia slacks for en dag link each one to separate single-address wallets you create in your main wallet.
This is all independent of the identity verification procedure above. Private payments can be made using blackbytesa cash-like untraceable currency.
Its transactions are not visible on the public database that shows all payments made with white bytes. Blackbytes are sent peer-to-peer instead in an encrypted chat session. The more trustful the situation is, the less ideal. Byteball has its native currencies, Bytes and Blackbytes. You can simply send your asset to anyone with a Byteball wallet, or you can use your asset in many smart contracts.
All Bytes and Blackbytes were created at the genesis unit. Byteball data is stored and ordered using a directed acyclic graph  rather than a blockchain. This allows all users to secure each other's data by referencing earlier data units created by other users, and also removes scalability limits common to blockchains such as the blocksize issue. There are no blocks: You just add your transaction to the end of the DAG yourself, without waiting for the miners to hopefully include it in some future block.
A presentation given by Tony on 2 Februarythat gives an excellent overview of Byteball.
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This page contains changes which are not marked for translation. Retrieved from " https: Byteball, listed on CoinMarketCap as Wikipedia slacks for en dag Bytes, is a DAG-based This wiki is aimed at general cryptocurrency users, as well as Byteball users, who want.
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