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.
GoByte aims to be the most user-friendly and scalable payments-focused cryptocurrency in the world. The GoByte network features instant transaction confirmation, double spend protection, optional privacy equal to that of physical cash, a self-governing, self-funding model driven by incentivized full nodes and a clear roadmap for on-chain scaling to up to 400MB blocks using custom-developed open source hardware. While GoByte is based on Bitcoin and compatible with many key components of the Bitcoin ecosystem, its two-tier network structure offers significant improvements in transaction speed, privacy and governance.
GoByte Pay is more than just a payment processing solution that allows merchants and professional service providers to accept cryptocurrency payments for goods and services.
Integrated into your GoByte Web3 Wallet, GoByte Pay provides a suite of tools that allow you to invoice, send, receive and manage cryptocurrency payments directly from your GoByte Web3 Wallet. Suitable for personal and business applications, GoByte Pay makes using cryptocurrency for goods, services and cross border transactions easier than ever.
GoByte Masternode holders earn GBX coins as block rewards for verifying transactions and helping secure the GoByte Network. Simply put, as a reward for securing the network and verifying transactions, GoByte Masternodes literally mint new GBX coins for their owners.
GBX coins earned may be spent, traded, liquidated or accumulated into new masternodes to compound earnings.
Additionally, GoByte Masternode holders earn the right to vote (once per Masternode) on proposals in GoByte’s Governance.
