Byteball Bytes (GBYTE) Creates a Username Payments System, Says Goodbye to Long Addresses Byteball Bytes (GBYTE) attracted positive attention while the rest of the market remained in the red today. The GBYTE coin has appreciated fast, adding a net 7.38% in 24 hours, up to $61.14. But even at these prices, GBYTE is depressed, falling from peak levels of $1,058.49 achieved in January 2018.
The Byteball Bytes project recently released its biggest achievement – a system of intuitive usernames to be used in making transactions. The approach solves one of the biggest problems of cryptocurrencies – large and bulky addresses, which often lead to errors and losses.
Projects like DASH and (BCH) have suggested they may work on a similar idea of intuitive crypto addresses. However, the solution has not appeared yet in its full form.
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