Byteball: The first DAG crypto with smart payments

in #byteball • 7 years ago (edited)

In my previous post I wrote about byteball in details & explained how can you get free bytes absolutely free. Now, I share a superb video uploaded on wiki.byteball.org by Jore Bohne.



In this video it shows how the conditional payment really works. So, to exchange two different assets between two individuals we do not need any other third party exchanges or escrows. All is made through P2P exchanges via smart contracts. It's a fantastic feature built on byteball platform. This is also called "Atomic Sweep". What is "Atomic Exchange ?" When two parties sign a single unit that executes both legs of the exchange, the two transactions either happen simultaneously or don't happen at all. It is no longer necessary to trust any centralized exchanges.

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7 years ago in #byteball by
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     7 years ago 

    Thanks for sharing these great features!

    Also participate in the free Byteball airdrop:
    https://steemit.com/interest/@coinlend/3-ways-to-gain-interest-from-your-bitcoin-holdings-in-the-upcoming-20-days

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     7 years ago 

    Nice post, followed! Do you think Byteball could be a long-term?

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     7 years ago 

    DAG is the future!

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     7 years ago 

    yes, I think. because it has completely new technology with tons of amazing features :)

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       7 years ago 

      This post has been ranked within the top 50 most undervalued posts in the second half of Jun 18. We estimate that this post is undervalued by $23.74 as compared to a scenario in which every voter had an equal say.

      See the full rankings and details in The Daily Tribune: Jun 18 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.

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