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About GBYTE

Launched on Dec 25, 2016, Obyte is a distributed ledger based on directed acyclic graph (DAG). It's a post-blockchain technology that achieves true decentralization by getting rid of big power centers and middlemen, such as miners. The team claims that due to the absence of blocks and miners, access to Obyte ledger is decentralized, disintermediated, free (as in freedom), equal, and open.Obyte claims to be the first DAG-based cryptocurrency platform to support dApps. Due to the absence of miners and blocks, the team claims that there is no risk of front-running and other miner manipulation, and dApps are safer and easier to develop than blockchain-based dApps. DApps are developed in Oscript - a new language that avoids many unsafe programming patterns common in earlier dApp platforms.Obyte is connected with other popular networks, such as Ethereum, through Counterstake -- a truly decentralized cross-chain bridge developed by the Obyte team in 2021.The team believes that Obyte is especially well suited for DeFi apps. Some notable DeFi apps that exist only on Obyte are:Bonded stablecoins: stablecoins based on bonding curves, since 2020.Oswap DEX: an AMM DEX with increased APYs for liquidity providers and leveraged trading without liquidations for traders. Since 2020.OSWAP Token: a governance token for Oswap DEX based on a bonding curve specifically designed for this purpose. Since 2023.Kivach cascading donations: a cascading donations platform for helping fund open-source projects on GitHub. Since 2022.Prophet prediction markets: a prediction markets platform based on bonding curves for trading bets on future events, such as sports and cryptocurrency prices. Since 2022.Other features include:self-sovereign identity,private untraceable currencies,sending crypto to email using textcoins,and extremely small-footprint libraries suitable for small IoT devices.

Obyte (GBYTE) is a cryptocurrency launched in 2016. GBYTE has a current supply of 1.00M with 878,246.43 in circulation. The last known price of GBYTE is 5.75 USD and is -0.348886658828 over the last 24 hours. It is currently trading on active market(s) with $6,670.54 traded over the last 24 hours. More information can be found at https://obyte.org/.

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GBYTE Price Statistics
GBYTE’s Price Today
24h Price Change
-$0.3488866588285.72%
24h Volume
$6,670.5463.51%
24h Low / 24h High
$0 / $0
Volume / Market Cap
0.001320333846
Market Dominance
0.00%
Market Rank
#1480
GBYTE Market Cap
Market Cap
$5.05M
Fully Diluted Market Cap
$5.75M
GBYTE Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
GBYTE Supply
Circulating Supply
878,246.43
Total Supply
1.00M
Max Supply
1.00M
Updated Feb 22, 2025 7:57 pm
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GBYTE
Obyte
$5.75
$0.348886658828(-5.72%)
Mkt Cap $5.05M
There's nothing here for now
Trump's Tariff Plan Could Significantly Reduce Lifetime Taxes For Americans
Trump's Tariff Plan Could Significantly Reduce Lifetime Taxes For Americans
According to Cointelegraph, U.S. President Donald Trump has proposed a plan to replace federal income taxes with tariffs, potentially saving the average American at least $134,809 over their lifetime. Research from accounting automation company Dancing Numbers suggests that these savings could increase to $325,561 per person if state-level wage-based income taxes are also eliminated. The states expected to benefit the most from this tax relief include New Jersey, New York, Connecticut, Illinois, and Massachusetts. Punit Jindal, founder of Dancing Numbers, indicated that Trump's plan might be preceded by a 20% 'DOGE Dividend' tax refund, which would provide immediate tax savings as a preliminary measure before a complete federal tax repeal. This initiative aims to offer minor tax relief and stimulate asset prices as investors reinvest their savings into the markets. Such tax cuts could also help counterbalance any potential increase in the cost of goods resulting from reciprocal trade tariffs and potential trade conflicts. President Trump initially proposed the idea of eliminating federal income tax in October 2024, suggesting that the revenue could be replaced by taxes on imported goods. During an appearance on the Joe Rogan Experience, Trump referenced the 19th-century U.S. economy, which was largely funded by tariffs before the establishment of permanent income taxes. In January 2025, Howard Lutnick, who was confirmed as commerce secretary in February 2025, supported the idea of replacing the Internal Revenue Service with an 'external revenue service.' Lutnick emphasized the historical success of tariffs in protecting American workers from unfair trade practices and criticized politicians for their fiscal management. The proposal has sparked discussions about its potential impact on the economy, with some experts suggesting that tax cuts could lead to increased market activity as individuals reinvest their savings. However, there are concerns about the possible rise in consumer goods prices due to trade tariffs, which could offset some of the benefits of the tax cuts. The plan remains a topic of debate as the administration considers its implementation and potential effects on the U.S. economy.
Feb 22, 2025 7:33 pm

Frequently Asked Questions

  • What is the all-time high price of Obyte (GBYTE)?

    The all-time high of GBYTE was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Obyte (GBYTE) is 0. The current price of GBYTE is down 0% from its all-time high.

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  • How much Obyte (GBYTE) is there in circulation?

    As of , there is currently 878,246.43 GBYTE in circulation. GBYTE has a maximum supply of 1.00M.

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  • What is the market cap of Obyte (GBYTE)?

    The current market cap of GBYTE is 5.05M. It is calculated by multiplying the current supply of GBYTE by its real-time market price of 5.75.

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  • What is the all-time low price of Obyte (GBYTE)?

    The all-time low of GBYTE was 0 , from which the coin is now up 0%. The all-time low price of Obyte (GBYTE) is 0. The current price of GBYTE is up 0% from its all-time low.

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  • Is Obyte (GBYTE) a good investment?

    Obyte (GBYTE) has a market capitalization of $5.05M and is ranked #1480 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Obyte (GBYTE) price trends and patterns to find the best time to purchase GBYTE.

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