1st Byteball Crypto Meetup Milano

This will be the first Byteall meetup in Milano.
Details will be announced soon.

About the meetup group:

This group is for everyone interested or invested in Byteball and Crypto Enthusiasts in general. Milano is well known for a lot of shops, restaurants and B&B´s for accepting Bytes (the native currency of the Byteball Crypto platform) and other crypto currencies. The meetup place will accept Bytes as a payment as well :)

What is Byteball?
Byteball is a risk-free conditional smart payments platform that enables human readable smart contracts. 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. Byteball data is stored and ordered using Directed Acyclic Graph (DAG) rather than blockchain. This allows all users to secure each other's data by referencing earlier data units created by other users. This also removes scalability limits common for blockchains, such as the notorious blocksize issue.

Blockless design is simpler because there are no blocks, there are only transactions. Users just add their transactions to the end of the DAG themselves, they don't have to wait when miners create a new block and there is no guesswork whether miners will include your transaction in the block.

The consensus algorithm used to protect from double-spends is based on establishing a total order within the DAG. This is achieved by selecting a chain, called main chain, which gravitates towards units issued by commonly recognized reputable users — witnesses.

For more detailed information read the whitepaper https://byteball.org/Byteball.pdf

Source: https://www.reddit.com/r/ByteBall/comments/7rppk1/byteball_comprehensive_faq_resource_sticky/