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GoByte is an ASIC resistant coin using the NeoScrypt hashing algorithmthat can be mined using Graphic Processing Units (GPUs).
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#1666AE
Fun Blue
22, 102, 174
208, 78, 38
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GoByte is a community-driven digital currency and blockchain ecosystem built on the Dash core. Its fair-launch proof-of-work network uses the ASIC-resistant NeoScrypt algorithm, enabling mining with graphics processing units. A decentralized masternode tier helps secure the network, verify transactions, and support features including InstantSend and PrivateSend. GoByte describes InstantSend as providing very fast confirmations, averaging 1.3 seconds, while PrivateSend uses a decentralized masternode mixing network to provide on-chain privacy.
The network is designed for everyday payments and merchant integration. GoByte Pay, integrated with the GoByte Web3 Wallet, gives individuals, merchants, and professional service providers tools to invoice, send, receive, and manage cryptocurrency payments. The project also offers wallets and information about exchanges, mining pools, and network resources.
Masternode operators earn GBX block rewards for helping verify transactions and protect the network. They may spend, trade, or accumulate their rewards, and receive voting rights on governance proposals. GoByte presents its services as tools for secure, private payments and cross-border transactions, supported by a global community and open development resources.
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