Oh wow thanks for the detailed explaination makes a lot more sense now and I can see the project has some merits going for it, I’ll be interested in how this capacity type transaction will be applied to more micro transactions and micropayment uses!
Appreciate the knowldge bomb dropped you a follow so I can stay in the loop
There are multiple IoT projects for Byteball already in works and soon to be released, one of the features that was released just days before Steem airdrop was added to support these upcoming projects.
https://hackernoon.com/welcome-to-biot-iot-solutions-on-byteball-platform-94c4d7640f03
The main functionality right now is the conditional payments with smart-contracts and the Bot Store that let's other developers extend the wallet. Even betting started with simple Sports Oracle bot, but then got extended by other developer as Betting Bot to make it easier for people to find other counterparties for the bets.