Wiki / Forks / Byteball / Obyte (GBYTE)

Byteball / Obyte (GBYTE)GBYTE

From the Bitcoin Takeover Wiki · ✓ 2 sources · 0 podcast anchors · built 2026-11-13

Not a Bitcoin fork — a DAG ledger whose 2016 distribution went to Bitcoin holders. Listed for that airdrop.

A DAG ledger announced in September 2016 with no mining, which promised 98% of its coins to Bitcoin holders who linked their addresses; now called Obyte.

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The wiki's angle: Byteball shows the airdrop idea without the fork — no shared chain, just a promise to Bitcoin holders who proved what they held.[2]

Announcement

The Bitcointalk thread opened by tonych on 5 September 2016 now carries the name Obyte, with the line “Former name: Byteball”[1]. It describes a ledger built as a DAG, without proof of work, proof of stake or mining[1].

The Bitcoin distribution

The 2016 announcement, as quoted in a reply the same day, said “98% of all bytes and blackbytes (the private untraceable currency) will be distributed among bitcoin holders who link their bitcoin and byteball addresses before the launch”, with “1% I reserve for myself”[2]. Holders were to link addresses with a small BTC payment, and bytes would be paid in proportion to the BTC on the linked address “in a specific bitcoin block (e.g. in block 437000 which is expected late October - early November)”[2]. Which block was finally used is not sourced here[2].

References

  1. primarytonych, “[ANN] Obyte: Totally new consensus algorithm + private untraceable payments”, Bitcointalk topic 1608859 (5 Sep 2016; current OP) [archived]
  2. primaryByteball announcement text of 5 Sep 2016 as quoted in reply #18 (EpyxZ, 5 Sep 2016), Bitcointalk topic 1608859 [archived]

Related

Categories: Forks · Fork lineage
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