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1 = $0.055335254
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About

Byte is a digital currency launched to address the growing need for efficient microtransactions within the digital economy. Originating from a team of experts in blockchain technology, Byte was designed to facilitate a high volume of low-cost, instantaneous transactions, making it ideal for small payments. Utilising a unique consensus mechanism that blends delegated proof of stake and sharding, Byte ensures scalability while maintaining decentralisation. This cryptocurrency prides itself on energy efficiency, significantly reducing the carbon footprint typically associated with traditional blockchain networks. Byte's open-source architecture encourages innovation, allowing developers worldwide to contribute to its evolving ecosystem and providing a robust platform for dApp development focused on micropayments.