GoByte (GBX) is a new cryptocurrency. A form of digital currency secured by cryptography and issued through
a decentralized and advanced mining market.
Based on Dash, it's an enhanced and further developed version, featuring the masternode technology
with 50% Reward, near-instant and secure payments as well as anonymous transactions.
GoByte has great potential for rapid growth and expansion.
Based on a total Proof of Work and Masternode system, it is accesible to everyone, it ensures a fair
and stable return of investment for the Graphic
Processing Units (GPUs) miners and the Masternode holders.
First block mined at 16:00:01 UTC, 16th November 2017
◆ Dark Gravity Wave difficulty adjustment algorithm
◆ NeoScrypt hashing algorithm, CPU/GPU/FPGA mining available
◆ Block time 150 seconds, 2MB blocks, ~56 transactions per second
◆ Decentralized Governance By Blockchain allows masternode owners to vote on budget proposals and decisions that affect GoByte
◆ Protection against blockchain reorganization events (commonly called 51% attacks) using ChainLocks
◆ Superior Transaction Anonymity Using PrivateSend
◆ Block reward decreases by 8.333% per year
◆ Instant transactions using InstantSend
◆ 2.7% (850,000 GBX) Premine*
◆ Estimate Supply 31.8 Milllion
* GoByte, has a premine of only 2.7% that will be used only and only for airdrops, bounties, exchanges, and future projects like the Web Wallet, Android/IOS Wallets and much more.
Masternodes help keep integrity of network and enable support for Darksend and instant send.
You need 1000 GBX to setup a masternode and start to earn rewards.
Masternode Network
In addition to traditional Proof of Work (PoW) rewards for mining GoByte, users are also rewarded for running and maintaining special servers called masternodes.
Thanks to this innovative two tier network, GoByte can offer innovative features in a trustless and decentralized way.
Masternodes are used to power PrivateSend, InstantSend, and the governance and treasury system.
Users are rewarded for running masternodes; 65% of the block reward is allocated to pay the masternode network.
ChainLocks
Which protects the blockchain against 51% mining attacks by signing blocks as they are mined.
PrivateSend
Gives financial privacy through a decentralized implementation of CoinJoin.
InstantSend
Allows for near-instant transactions. GoByte InstantSend transactions are fully confirmed within two seconds.
GoByte Evolution
Will make using cryptocurrency as easy as using PayPal.
Governance and Treasury
Allows stakeholders in GoByte to determine the direction of the project and devotes 10% of the block reward to development of the project and ecosystem.
Wallet Official Or clone the source fromPaper WalletThird-Party Wallets Hardware Wallet