Obyte, which is currently listed alternatively as Obyte and Byteball Bytes, depending on the platform, is the next level word in the cryptocurrency space. This is a cryptocurrency that is not reliant on any kind of blocks or miners, since its mechanics allows transactions and users to connect directly. That kind of technology is called the “directed acyclic graph”, or DAG for short. The project will have two native tokens, the Bytes as well as Blackbytes, but of course Obyte can be used as the base for new digital assets. The platform offers a wide range of resources to create a brand-new token from scratch in less than five minutes. Among the key features the team is offering a so-called “conditional payments” which are basically smart contracts that give out the money from one side to the other if certain conditions are met only, providing 100% secure way to place bets, buy insurance and so on.