Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
Ted_Nugent
on 19/06/2017, 19:24:09 UTC
Bytes = Byteball currency
1 KB = 1000 Byte
1 MB = 1000 KB
1 GB = 1000 MB

Blackbytes = First Byteball private asset, completly anonymous
1 KBB = 1000 BlackBytes
1 MBB = 1000 KBB
1 GBB = 1000 MBB


Thanks to all. Through the last two comments posted I've come to see that Byteball has 2 currencies i.e Bytes and Blackbytes. Prior I was thinking of a byte as a numbered unit and not as a currency.

"Already now, bound payments allow you to P2P exchange bytes (the native currency of Byteball) against blackbytes (a private untraceable currency on Byteball platform) or any other asset issued on Byteball."

Q. Looking at the notes associated with the 7th round offer, there is a split with what you can get in either bytes or Blackbytes. So, you just let Byteball know which you would prefer or do you just convert the one you get over to the other without cost?