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Obyte price today is $23.12 USD with a 24-hour trading volume of $46,014.33 USD. Obyte is up 1.87% in the last 24 hours. The current CoinMarketCap ranking is #470, with a market cap of $17,426,500 USD. It has a circulating supply of 753,681 GBYTE coins and a max. supply of 1,000,000 GBYTE coins.
Launched on Dec 25, 2016, Obyte is a distributed ledger based on directed acyclic graph (DAG). The team claims that due to the absence of blocks and miners, access to Obyte ledger is decentralized, disintermediated, free (as in freedom), equal, and open.
Obyte claims to be the first DAG-based cryptocurrency platform to support dApps. Due to the absence of miners and blocks, the team claims that there is no risk of front-running and other miner manipulation, and dApps are safer and easier to develop than blockchain-based dApps. DApps are developed in Oscript - a new language that avoids many unsafe programming patterns common in earlier dApp platforms.
The team believes that Obyte is especially well suited for DeFi apps; some are already available on the platform, such as Discount Stablecoins (https://ostable.org), while some are being developed.
Other features include self-sovereign identity, private untraceable currencies, sending crypto to email using textcoins, and extremely small-footprint libraries suitable for small IoT devices.
|24h Low / 24h High|
|Market Dominance||No Data|
|Fully Diluted Market Cap||$23,121,860.72|
|Yesterday's Low / High|
|Yesterday's Open / Close|
|7d Low / 7d High|
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All Time High
Jan 13, 2018 (3 years ago)
All Time Low
Mar 13, 2020 (10 months ago)
|Circulating Supply||753,681 GBYTE|
|Total Supply||1,000,000 GBYTE|
|Max Supply||1,000,000 GBYTE|