Byte Chain Whitepaper
  • 🥇Byte Chain
  • 🍾No-Code Tools & AI
  • ⛓️A decentralized knowledge.
  • 🎗️DeFi compatible
  • 📹Vision
  • 🎲MISSION
  • ⚒️Problem
  • 🧰Solution
  • 🛎️What is a Byte Chain?
  • ♟️How does it work?
  • 📲Byte Chain EVM
  • 💡PoA: Proof of Authority
  • 📖Unlocking Potential
  • 📚Real-World Applications
  • ✍️ByteChain's Target Audience
  • 📍A Closer Look at Its Functionality
  • ✒️Empowering Web3 Adoption
  • 🥇Byte Competitors
  • 💎Why Byte?
  • ⏱️Byte 2025 RoadMap
  • 🌠Byte Growth: Expanding Horizons
  • 💾Byte Datasheet
  • 🪙Byte (BYTX ) - Gas
  • 🔐About BYTX Token
  • 💱ByteChain Tokenomics
  • ⌨️Utility and Validators
  • 📣Call to Action
  • 🔝Byte Chain Grant Program
  • 🔏Privacy Policy
  • 🖊️Terms and Conditions
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Byte (BYTX ) - Gas

BYTX, the native token of ByteChain, functions as the gas that powers the network. Its efficient design ensures smooth and cost-effective blockchain interactions. Here are the key aspects of BYTX as gas:

Low Gas Fees:

Affordable Transactions: With gas fees averaging just $0.000019 per transaction, BYTX allows users to interact with ByteChain without high costs. This affordability opens up a wide range of possibilities for decentralized applications.

Transaction Speed:

Fast Confirmations: BYTX facilitates transactions that typically confirm within 1-5 seconds. This quick processing makes ByteChain suitable for applications that require high-speed transactions, like gaming and DeFi.

Fixed Supply:

Deflationary Model: BYTX has a fixed supply of 5 billion tokens, which ensures a deflationary economic model and protects the value of the token over time.

Multi-Functional Token:

Ecosystem Utility: BYTX is not just for gas fees; it also plays a role in governance, staking, and rewards, making it a versatile asset within the ByteChain ecosystem.

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Last updated 3 months ago

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