• [email protected]
  • Mon - Fri: 9:00 - 18:30 GMT
Search
Rss Facebook Icon TwitterCreated with Sketch. LinkedinCreated with Sketch.
bitcoin pr buzz logo
  • HOME
  • OUR SERVICES
    • BITCOIN PRESS RELEASE SERVICE
    • SUBMIT YOUR BITCOIN PRESS RELEASE
  • LATEST PRESS RELEASES
  • FREE CONSULTATION
  • OUR TEAM
  • ABOUT US
    • ABOUT
    • CAREERS
  • RESELLER
Menu
  • HOME
  • OUR SERVICES
    • BITCOIN PRESS RELEASE SERVICE
    • SUBMIT YOUR BITCOIN PRESS RELEASE
  • LATEST PRESS RELEASES
  • FREE CONSULTATION
  • OUR TEAM
  • ABOUT US
    • ABOUT
    • CAREERS
  • RESELLER

Byteball to Give Away Its New Cryptocurrency for Free to Bitcoin Holders on Christmas Day

  • December 8, 2016
  • Bitcoin Press Release
bitcoin-pr-buzz-byteball-cryptocurrency

Bitcoin Press Release: Byteball cryptocurrency platform to offer Bytes tokens proportional to users’ Bitcoin holdings on December 25, 2016.

December 8, 2016, Moscow, Russia – The cryptocurrency platform Byteball has announced its upcoming launch on December 25, 2016. As a part of its launch offering, Byteball will allow Bitcoin users to claim fresh Bytes (Byteball’s crypto tokens), proportional to their respective Bitcoin balances on the day of Christmas. The platform will take into account the status of Bitcoin distribution across the network, as available on the first Bitcoin block mined on December 25.

Byteball, the cryptocurrency platform for decentralized storage and transfer of value, is built on Directed Acyclic Graph (DAG) instead of blockchain like other existing cryptocurrencies. The absence of blockchain helps Byteball avoid block size related scalability issues, which Bitcoin is currently facing. In order to receive free Bytes, members of the Bitcoin community will have to prove their Bitcoin balance and link the addresses with that of Byteball before December, 25.

The unique cryptocurrency platform can be used to issue assets representing debt, shares, commodities, etc. Regulatory compliance can be easily achieved through a multi-signature process that requires the issuer to co-sign all transfers. Byteball also makes allowance for the creation of untraceable assets where transaction information is conveyed directly from payer to payee, and only hashes are stored on a public database.

The developers of Byteball have created an entire cryptocurrency ecosystem, including an easy-to-use smart contracts platform, cryptocurrency wallets, bot supported e-commerce, and more. The platform already has a running testnet. Like blockchain, DAG is decentralized and the information stored on the Byteball is immutable. Developers of the platform have set a maximum cap of 10^15 Bytes, out of which 98 percent will be distributed among the community members.

About Byteball

Byteball is an initiative of a Moscow, Russia-based development team. The innovative cryptocurrency uses DAG structure instead of the conventional blockchain, eliminating scaling issues. It is a complete cryptocurrency ecosystem set to go live on the Christmas day of 2016.

Learn more about Byteball at – https://byteball.org
Byteball on BitconTalk – https://bitcointalk.org/index.php?topic=1608859.0
Follow Byteball on Twitter – https://twitter.com/ByteballOrg
Byteball’s Slack channel – http://slack.byteball.org

Media Contact

Contact Name: Anton Churyumov
Company Name: Byteball
Contact Email: [email protected]
Location: Moscow, Russia

 

Byteball is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

About Bitcoin PR Buzz:

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin and digital currency Press Release. Click here for more information.

You found our newsletter subscription!

Did you know that less than 10% of website visitors ever make it all the way to the page end?!

bitcoin pr buzz logo

Blockchain enthusiasts from the start. We have over 7 years experience in Bitcoin marketing specifically: leveraging our unique expertise, partnerships and experience we bring you the most refined, effective, and value for money Bitcoin marketing and Bitcoin press release service to be found.

Please Note:

Press releases are for informational purposes only. The information does not constitute investment advice or an endorsement by Bitcoin PR Buzz. Bitcoin PR Buzz does not certify the accuracy of the information in press releases published on this website.

Issuers of Press Releases, and not Bitcoin PR Buzz, are solely responsible for the content of press releases, and the accuracy of the content in press releases.

Quick Links

  • Press Release Services
  • Submit Press Release
  • Latest Press Release
  • Social Media Service
  • Copywriting
  • About
  • Careers
  • Terms & Conditions
  • GDPR
  • Token Sale Press Release Policy
  • INC verified
Rss Facebook-f Twitter Linkedin

Coins Accepted Here

bprb
Bitcoin News Banner

© 2021 Fintech PR LTD

Welcome to Bitcoin PR Buzz!

Your privacy is immensely important to us and we do our best to safeguard your data. We use cookies to improve your experience and to improve our services. We comply with the EU General Data Protection Regulation act also known as GDPR. We wish you a pleasant stay at bitcoinprbuzz.com, if you have any questions please feel free to chat with us below or email [email protected]

I ConsentCookie settings I need more information
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

  • →
  • Contact Us

    Contact Form

  • Telegram