Byte3
Pronounced — “Byte cubed”
  1. Byte3 is a novelty item with the capability of storing and transmitting merit data. It has the unique ability to retain the merit data in both digital and physical forms.

Byte Cube

A single unit of the byte3 is called a byte cube.

Giga Cube

A giga cube is a group of byte cubes.

Slice

A slice is a group of byte cubes taken out of a giga cube.

Holder

A holder is anyone in possession of one or more slices.

  1. Byte3 is built on the foundation of the base-2 numeral system; all of the calculations are based on the power of two (2x). A byte cube is represented with one byte, which consists of eight bits (23). A giga cube is a three-dimensional cube array of byte cubes with the length of 1024 (210) byte cubes in all three directions. This makes a giga cube have a total of 1073741824 (230) byte cubes. Each giga cube has a unique ID and a specific merit type that it uses in concurrence with.

Why?

The primary purpose of byte3 is to enable the exchange of merit data.

Giga cubes are used to establish the merit type and to hold the data. Slices are used to represent portions of the merit data that are calculated against the total size of the giga cube as a whole. This can be used as a solution to bridge different types of merit data. Having the ability to be both physical and digital, and enables the bridging of merit data in all possible digital and physical variations. Conceptually, byte3 is a self-sustained middleman economy.

To summarise, byte3 is a unique, limited, and secure product that is capable of storing and transferring merit data digitally and physically in ways that have not been possible before.

How it works

  1. First, a unique ID and a merit type are assigned to a giga cube. The giga cube is then issued a three-dimensional array that is filled with empty bytes. Our proprietary algorithm goes over each byte, in the new giga cube, and gives it a unique non-repeating value. The giga cube gets locked and is then turned into a read-only entity. From this point forward, it becomes a single source of truth for all of the same merit type transactions.

How it works

Byte3 is built on top of a few key principles that are imperative to its fundamental capabilities. These rules have been put in place to prevent abuse, maintain privacy, and ensure security.

The software will always remain closed-source. We believe in security through obscurity.

There cannot be more than a total of 256 giga cubes. Once a 256 giga cube is created, no more giga cubes can ever be created.

All transactions with the giga cube are unilateral. Once a slice is issued or returned, it cannot be reversed. Every action can only be executed once.

Key Advantages

The unique structure and all the rules combined together, create a product with groundbreaking abilities.

  • The slice meets all of the requirements for classification as a digital product and a physical product.

  • The slice can maintain a constant, and provable value regardless of shape, size, or current form (physical/digital).

  • The slice has no expiration date and does not require any special software to store, transmit, transport, or change form.

  • The slice can be transported and transmitted through any existing or any future created and/or discovered methods of transport and/or transmission.

  • The slice can be useful in circumstances where merit data does not have all the necessary components for successful transmission and/or transport.

Security

  1. At the core of byte3 lies a state-of-the-art proprietary encryption algorithm. Each byte cube slice gets encrypted when issued.

    The slice has the unique ability to be mutated upwards of 256 times, all while maintaining the same size and retaining within itself all of the original data. The mutations are forward-only, rendering any previous versions of the slices un-usable. This provides a slice holder with the ability to secure their slice if the data was (or is believed to be) compromised.

    Aside from the encryption, each slice is assigned: 64-bit giga cube key, 64-bit ledger key, 128-bit signature, and a 1024-bit secret key. This information is added on top of the data issued from the giga cube. With a few additional pieces of information written into a byte cube slice, the value comes out to be a total of 256 bytes minimum. That is equivalent to a 2048-bit size used in modern-day cryptography.