Obyte (GBYTE)

Obyte
Consensus mechanism	No POS/POW. Instead a Mainchain (MC) for including tx.
Total supply	1.000.000 GBYTE

Renamed from Byteball
Decentralized database, storage and transfer of value
Currency, not-inflationary, Theoretical confirmation-time: ~30s
Mainnet 25th December 2016
Premine 1%
1:1 BYTE per Byte Data transaction fee
No POS/POW. Instead a Mainchain (MC) for including tx.
Underlying tech: Directed Acyclic Graph (DAG) and therefore (supposedly) scalable
“Byteball allows you to do something that traditional currencies can't: conditional payments. You set a condition when the payee receives the money. If the condition is not met, you get your money back.”
In byteball this is called DAG (directed acyclic graph) - every new transaction references one or more earlier ones by including and signing their hashes. By including its parents, each new transaction also indirectly includes and confirms all parents of the parents, parents of the parents of the parents, and so on.
P2P payments in chat, has chatbot function.
Massively scalable, very anonymous (blackbytes).
“There are no blocks, nor is there a privileged caste of people who create them. Instead, users help each other by securing earlier transactions of peers.”
The novel way of initial distribution launched the whole airdrop industry: “98% of all bytes and blackbytes will be distributed to current Bitcoin holders who bother to prove their Bitcoin balances during at least one of distribution rounds. No investment is required, you need just to link your Bitcoin and Byteball addresses by making a small BTC payment or by signing a message with your Bitcoin address. Then the number of bytes and blackbytes you receive in each round will be proportional to the balance of your Bitcoin address in the snapshot block of that round.”
quantum secure NTRU algorithm can be added in the future.
Churyumov, Anton; the solely creator and a well-known skilled scientist and developer in the scene