Wood Blank This is How to get Free Bitcoin with Byteball

Hello Wood Blank Visitors This time I will share how to get bitcoin from bytebal.
There are thousands of ways to get free bitcoin. and the most popular method is the faucet, this method can give Satoshi some people. Another method besides that is an application that pays users to do certain things like playing games, but no one pays like Byteball. Then how do byteball give you free bitcoin? There are 2 answers to the question, there is a long answer and there is a short answer.

Explanation and short answer what is Byteball

Byteball is a system that brings a new cryptocurrency - Byte - to the world of altcoin. The distribution system, as well as the principles that support the Byteball system, are completely different from other altcoins so far. Byteball is basically a decentralized system that allows storage of data that is not easily damaged. For this system to function, users pay to transfer data they want to save by Bytes.

Long answer

This allows each user to store all types of data and pay for each byte of data they want to transfer with 1 byte. The data is then transferred and uploaded into the DAG - Direct Acyclic Graph. Therefore, Byteball doesn't have blockchain; DAG replaces the blockchain function. Without blockchain, the transaction authentication process and the creation of Bytes both follow different logic:

• There is one quadrillion Bytes in the system - that is 10 ^ 15 Bytes - and no one can make more. This Altcoin is thus deflation like bitcoin.
• The limited supply of bytes is all circulated through one "Genesis" emission.
• The inventor of Byteball, Anton Churyumov, is responsible for the initial distribution of all Bytes.
• Anton Churyumov will save 1% of all outstanding Bytes and continue to distribute all remaining bytes.
• Users who have bitcoin will be able to get proportional bytes. The Byteball system will distribute Bytes to them if this user proves they have bitcoin (this is part of the free bitcoin with the Byteball system. You can only scroll down and read how to get it without entering technical details).
• Byteball prevents multiple outlays and keeps transaction records through a system that pays fees for witnesses who authenticate and store transactions.
• In order for the transaction to be authentic, the witness must keep a history of all transactions. That is why users pay data storage fees.
• There are no double expenses because the system will always consider the earliest transactions as authentic transactions and ignore the second transaction.
• The transaction will add a hash from the previous transaction, to keep a record of all transactions involving each byte to origin.

This diagram shows how the DAG works and how anyone can trace Byte transactions all the way back to “Genesis”.
And other services that offer systems
Byteball users can use the system to transact with other assets, or make personal transactions, cannot be tracked with "Blackbytes". They can issue debt in Bytes and reveal their identity so that third parties can verify and prevent fraud. Users will then be able to make transactions in fiat currency or in other natural units such as kWh or one ounce. Famous third parties will then be able to make multi-signature transactions for debts at Byteball.

Then How do I get Bitcoin with Byteball?

All these transactions are added to DAG no matter what their nature. Therefore, the system name is Byteball. Because more and more users make more transactions, this appears in the DAG that creates the snowball data effect, then Byteball. Nevertheless, the key to getting free bitcoin with Byteball is located at the initial stage of this snowball data.

Well I will explain with a short and long answer.

To get bitcoin free with Byteball, the only thing users need to do is connect their bitcoin address to the system. Given that all Bytes on Byteballs have been created - Genesis Emission - the only thing left to do is distribute them. The periodic Byte distribution will last up to 99% of distributed bytes. To enjoy the prize from the next distribution, the user must do the following:

• Download and install the Byteball wallet.
• Visit the official website and chat with transition bots.
• Transition bots will ask users to prove the balance of bitcoin.

• Proof of balance through small bitcoin transactions or through message signatures (if their wallet allows this). The Byteball system will then be able to verify that certain users do have the amount of bitcoin in that wallet.
• Byteball will determine the number of prizes based on the number of coins shown by bitcoin blockchain in the wallet.
• Every user who links a bitcoin wallet to Byteball through a transaction, may have to speak with a bot again, to link the wallet from which the payment came from the Byteball system, and return the payment there.
• Anyone who wants to link their bitcoin wallet to get Bytes, must do it before May 10 2017, 21:42 UTC.
• Distribution will take place after this date and time.

Ok I have a Byteball Wallet connected to my Bitcoin Wallet. Now what?

Now the only thing left to do is wait for the Bytes to enter. Once they do, users will be able to go to any exchange that supports Byteball and exchange it for bitcoin. They may want to save Bytes, remembering that currencies can appreciate, but that can be the topic of another article. Those who want to exchange their bytes for bitcoin, will get free bitcoin just to use Byteball.

Byteball price
Conspiracy theories

This might sound too good to be true. Many think that giving a currency without needing to prove anything other than having bitcoin, is strange to say the least. In the cryptocurrency space, people are used to working - to be more accurate, to make their computers work for them - to get their rewards. But Anton Churyumov has a different idea about how to create a system that supports cryptocurrency transactions.

Churyumov supports that Metcalfe's Law applies to Byteball as applied to bitcoin. He sustained that the bitcoin market limit was comparable to the number of active bitcoin users, and was followed by the Byteball market. This means that by giving most of the altcoins they make, for free, the price of each coin will increase and so will the value of the system, because it will get more users. Those who did not buy the explanation of Metcalfe's Law, have built their own conspiracy theories.

Russian Intelligence Service behind Byteball

Metcalfe's law is a very logical explanation, but many will say that ulterior motives can be behind crypto currencies that do not require proof of work or proof of ownership, and are provided free of charge. In fact, some say that Byteball is a tactic from Russian or other intelligence agents to connect bitcoin wallets with users, because that helps identify who this user is. This might be true, or it could be a classic case.

Meanwhile, those who are not worried about conspiracy theories, will have a good opportunity to participate in cryptocurrency projects that are very innovative and will also be able to get bitcoin for free. In fact, this might be better than any other free bitcoin scheme and faucet out there, in terms of the amount of potential bitcoin that users can get. We will definitely connect our bitcoin wallet with Byteball, and we will be able to get free bitcoin!

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