Byteball

• Third tier
• Coin
• Сryptocurrency

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, and also removes scalability limits common for blockchains, such as 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.