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About Obyte
Obyte is a distributed ledger technology platform that enables fast, low-cost transactions and smart contracts without relying on traditional blockchain mining or validators. Its key innovation is the DAG (Directed Acyclic Graph) structure, which allows transactions to be processed in parallel rather than sequentially, resulting in greater scalability and energy efficiency compared to blockchain-based systems. The platform also emphasizes privacy through optional end-to-end encryption and is designed for both peer-to-peer payments and autonomous smart contracts.