New to Byteball; couple of questions that I couldnt figure out myself:
1) what is the difference between bytes and blackbites? Why are there 2 tokens?
2) On Coinmarketcap it says available supply: 100,000 GByte. Why is it called Gbyte there and not bytes?
3) The total supply on Coinmarketcap (100,000), is that the eventual total supply (all coins that will ever exist), or is it the current total supply (10% of the eventual coin supply -- the coins that were released in the first distribution round)?
Thanks!
1) Bytes is the main currency of the Byteball network, is the currency fees are paid in. Blackbytes are a defined asset which can be used for private untraceable exchange of said currency, blackbytes only paying the network fee in bytes.
2) Gbyte because its easier to say and spell out than whole 100 000 000 000, like we use MegaBytes, KiloBytes etc, standard SI notation.
3) Dunno the first post says something about 10^15 total supply, 10% of that is distributed.
Thanks for the answers! Can someone clarify the current total supply (final total supply-90%) and the final supply (current total supply+90%)? 10^15 can't be right?! Thanks!