• Resistance = .08276 SATS
• Support = .05966 SATS
• Next Target = .09528 SATS
• = 54.87
As always, I recommend for every one to further expand their knowledge and do as much research as possible when investing. These are my own personal opinions and should be considered educational resources rather than financial advice. Good luck out there cryptonauts!
Byteball enables trust where trust couldn’t exist before. When a contract is created on Byteball platform, it can be trusted to work exactly as agreed upon. Why? Because it is validated by multiple nodes on the decentralized network, which all follow the same immutable rules. The counterparty, even if it is a total stranger, has to behave honestly because only the rules have authority. Such a contract is called a smart contract. See below for examples of working smart contracts available today.
Byteball allows you to do something that traditional currencies can't: conditional payments. You set a condition when the payee receives the money. If the condition is not met, you get your money back.
Buy insurance from peers to get paid in case a negative event occurs. Sell insurance for profit. Insurance is just a simple smart contract that can be unlocked by the insured — if the event in question did occur, or by the insurer — otherwise. To insure against flight delay, find your counterpart in #p2p_insurance channel on our Slack, create a contract, and if your flight arrives late, chat with flight delays oracle to have it post the data about the delay, then unlock the contract.
ByteBall White Paper: https://byteball.org/Byteball.pdf