"Byteball is an alternative legal system based on smart contracts.When a contract is created on Byteball, it just works exactly as agreed upon. Trust in the counterparty and reliance on the slow and expensive conventional legal system are not required any more as the contracts are enforced by the immutable rules of the decentralized platform."
What we don't like:
The supply of Byteball is somewhat misleading. Byteball is measured in Gigabytes.The individual unit of a singular Byte is 1 billionth of a gigabyte. To put it into perspective. There is 10^15 total bytes and 2.3^13 total satoshi’s. So while on the surface it looks like it has a lower supply than BTC it actually has a much larger supply. One of Byteball’s main uses as a peer to peer predictions coin, has a lot of competition. Even though they are the first to have a working predictions market, the wallet/platform interface isn’t set up for mass adoption.
What we like:
The technology surrounding Byteball is advanced. The DAG (directed acyclic graph) used in place of a blockchain could possibly be the next step in cryptocurrency. The conditional payment aspect of Byteball is makes it perfect for a peer to peer betting platform, peer to peer exchange, or even just a transfer of services without having to trust the individual you are working with. Byteball also has a private payment option. Byteball is distributed for free to Bitcoin and Byteball holders, If you are a Bitcoin Hodler you should get your free Bytes. 16 BTC= .1GB, 1GB=.1GB during scheduled distribution.