ArtByte (ABY)

ArtByte (ABY) is a cryptocurrency aimed at the art world, letting fans support artists directly with digital tips and payments. Unlike Bitcoin, which positions itself as general-purpose digital money, ArtByte focuses on a niche community of creators and their audiences. Technically it's also a mineable coin, but its branding and use case are entirely art-centric.

ArtByte runs on a Proof-of-Work (PoW) consensus mechanism, meaning transactions are validated by miners who solve computational puzzles. This is the same general approach Bitcoin uses, where network security comes from distributed mining power rather than a central authority. Because it's mineable, anyone with suitable hardware can participate in securing the network and earn ABY as a reward.

New ABY coins enter circulation through mining rewards, which is how Proof-of-Work coins distribute their supply. There's no central issuer printing coins — supply grows as miners confirm blocks on the network. For current supply figures and emission details, check the live market data on this page or the official project site.

Like most cryptocurrencies, ABY can be stored in a wallet that supports the coin, with the official website at applebyte.me listing recommended wallet options. Its main practical use is tipping and paying artists within the ArtByte ecosystem. Always download wallets only from the official site to avoid fake copies.