Byteball Bytes, often referred to simply as Bytes, are the native digital currency of the Byteball platform. Byteball is designed for fast and secure transactions, allowing users to transfer value without relying on extensive mining.Bytes are generated through a process called “airdrop,” which distributes Bitcoin holders a portion of Bytes based on their Bitcoin holdings at given intervals. This mechanism aims to incentivize users and create a broad user base.Byteball operates on a directed acyclic graph (DAG) structure, which ensures that transactions are instantly confirmed and scalable. Unlike traditional blockchains, this design allows for greater speed and efficiency.In addition to facilitating transactions, Bytes can be used to interact with smart contracts and decentralized applications on the Byteball platform. Users can create and manage various types of assets, making it versatile for a range of financial activities.Overall, Byteball Bytes serve not only as a medium of exchange but also as a tool for innovative applications within the Byteball ecosystem.