ByteBall

Byteball is a nonprofit blockchain and software development organization headquartered in Moscow, Russia released on December 25, 2016 by Tony Churyumoff. During the release of ByteBall the company offered Bitcoin users the ability to claim the equivalent of their Bitcoin of the ByteBall (GBYTE coin) cryptocurrency.

The company offers a decentralized database based on Directed Acyclic Graph (DAG) technology designed to makes it simple for users to create and maintain smart contracts. Key features include atomic exchange, regulated assets, multi signature, on-chain oracles, immutable storage, and settlement finality.

The ByteBall platform did not hold an initial coin offering (ICO), and instead chose to distribute 99% of the networks two native cryptocurrencies, bytes and blackbytes, for free.