1. Introduction
GoByte (GBX) is an innovative Dash-based cryptocurrency. GoByte is a form of digital currency that is cryptographically protected and issued through a decentralized and advanced mining marketplace. This is an enhanced and further developed version using masternode technology, offering 50% rewards, near instant and secure payments, and anonymous transactions. GoByte has huge potential for rapid growth and expansion. Based on a complete system of jobs and Masternodes, accessible to everyone, it ensures a fair and stable return on investment for Graphics Processing Unit (GPU) miners and Masternode holders.
2. Project introduction
GoByte (GBX) is an innovative cryptocurrency. A form of digital currency that is cryptographically protected and issued through a decentralized and advanced mining marketplace. Based on Dash, this is an enhanced version using masternode technology that offers 50% rewards, near instant and secure payments, and anonymous transactions. GoByte Network is a modular network based on blockchain technology.
GoByte's modules are independently developed, they all share the same blockchain as the core, and together create a fast and secure network. Thanks to the modular structure of the GoByte network, modules can be updated independently without causing errors or problems with other modules. GoByte's network developers are working tirelessly to incorporate new innovative modules with other modules of the network. Each module is led by a senior developer's own team so that we can provide our developers with a clean canvas full of their own imagination. The first and largest module of the GoByte Network is the "Pay" module, which acts as both a payment gateway and a cold wallet. The "payment" module works directly on the blockchain and is able to create and execute transactions, which will later be confirmed by masternodes and miners.
GoByte's Web3 multi-currency wallet makes encryption algorithms easy to use, easy to receive and manage, regardless of the cryptocurrency used. The vision is to carry money under the user's control anytime, anywhere, but no one wants to be tied to a specific device, or require multiple wallets to be installed on a device to manage every digital asset we use. GoByte Web3 multi-currency digital wallet supports customization and can be used to make near-instant digital currency payments.
GoByte Pay makes using cryptocurrencies easier than ever. More than just a payment processing solution, GoByte Pay enables merchants and professional service providers to accept cryptocurrency payments for goods and services. GoByte Pay has been integrated into the GoByte Web3 Wallet, providing a suite of tools that allow you to bill, send, receive and manage cryptocurrency payments directly from the GoByte Web3 Wallet.
For both personal and business applications, GoByte Pay makes it easier than ever to use cryptocurrencies to transact goods, services and cross-border transactions.
GoByte Pay has low transaction fees (lower prices than credit cards, PayPal, and Square), an average processing time of 1.3 seconds per transaction, and integrated tools that are powerful and easy to use Paying businesses and their customers GoByte (GBX), Bitcoin (BTC), Ethereum (ETH) and other cryptocurrencies.
GoByte Masternode holders will receive GBX coins as a block reward for validating transactions and helping secure the GoByte network. In short, as a reward for securing the network and validating transactions, GoByte Masternodes actually mint new GBX coins for their owners. Earned GBX coins can be spent, traded, liquidated or accumulated into new masternodes to increase earnings. Additionally, holders of GoByte Masternodes get the right to vote on proposals in GoByte governance (once per Masternode). Also, GoByte Masternode holders can withdraw GBX coins for free.
