cdn.bytom.io/res/WhitePaper-Bytom%202.0-en.pdf
WhitePaper Bytom 2.0 is already available, evolution will greatly affect the Bytom blockchain!
I am confident this update will lead to tremendous success and more partnerships.
Meet the Guide at New Solar Epoch! Download PDF!
#DeFi $BTM #blockchain #MOV
Topic: [ANN]BYTOM: An interoperational protocol for diversified byte assets - page 4. (Read 77085 times)
April 12, 2021, 03:53:30 AM
April 12, 2021, 03:50:42 AM
To better understand Bytom 2.0 revolutions. A series of articles explaining the key revolutions of Bytom 2.0 will be posted over the coming days. Stay tuned!
1. Insight into Revolutions of Bytom 2.0 (1): New Economy
https://medium.com/bytomofficial/insight-into-revolutions-of-bytom-2-0-1-new-economy-2bb00008cd5e
2. Insight into Revolutions of Bytom 2.0 (2): New Consensus
https://medium.com/bytomofficial/insight-into-revolutions-of-bytom-2-0-2-new-consensus-7b3a99a7e44
3. Insight into Revolutions of Bytom 2.0 (3): New Platform
https://medium.com/bytomofficial/insight-into-revolutions-of-bytom-2-0-3-new-platform-283fc6cf79f
#Bytom #Blockchain #MOV #DeFi $btm
1. Insight into Revolutions of Bytom 2.0 (1): New Economy
https://medium.com/bytomofficial/insight-into-revolutions-of-bytom-2-0-1-new-economy-2bb00008cd5e
2. Insight into Revolutions of Bytom 2.0 (2): New Consensus
https://medium.com/bytomofficial/insight-into-revolutions-of-bytom-2-0-2-new-consensus-7b3a99a7e44
3. Insight into Revolutions of Bytom 2.0 (3): New Platform
https://medium.com/bytomofficial/insight-into-revolutions-of-bytom-2-0-3-new-platform-283fc6cf79f
#Bytom #Blockchain #MOV #DeFi $btm
April 09, 2021, 08:23:20 AM
Today I want to take you for a ride in a time machine!
Let's take a look at the $BTM price in 2017.
I found printscreen by accident and was pleasantly surprised! And in April 2018, the price of $BTM will rise to $1! It's a hint https://coinmarketcap.com/currencies/bytom/
#Bytom #coinmarketcap #CMC
Let's take a look at the $BTM price in 2017.
I found printscreen by accident and was pleasantly surprised! And in April 2018, the price of $BTM will rise to $1! It's a hint https://coinmarketcap.com/currencies/bytom/
#Bytom #coinmarketcap #CMC
April 05, 2021, 04:28:07 AM
I see how people's interest in the Bytom project is waking up! Did you know that #Bytom has a good #referral program? I admit, I have not used it before, but now I want to start and I advise everyone!
Here is my invitation code: YYYXGJ
instructions for use
Download Bycoin:
You can download it from the official website Bycoin.im
or install via standard official app stores:
iOS: https://itunes.apple.com/us/app/bycoin/id1442183969?l=zh&ls=1&mt=8
Android: https://play.google.com/store/apps/details?id=io.bytom.bycoin&hl=en
Note: Earnings from the previous month will be calculated on the 20th of each month and automatically sent to the Bycoin wallet.
Bycoin wallet has an affiliate program «Bycoin Partnership, Make the Future».
You only need to send your referral link to new users! All partners will receive permanent dividends in the amount of 10% of the commission from the trades of your referrals in the three exchange protocols FlashSwap, MagnEX, SuperTx.
The functionality of the wallet is constantly expanding and new coins are frequently added. Take a look at how many people have already earned from this:
#Bycoin
Here is my invitation code: YYYXGJ
instructions for use
Download Bycoin:
You can download it from the official website Bycoin.im
or install via standard official app stores:
iOS: https://itunes.apple.com/us/app/bycoin/id1442183969?l=zh&ls=1&mt=8
Android: https://play.google.com/store/apps/details?id=io.bytom.bycoin&hl=en
Note: Earnings from the previous month will be calculated on the 20th of each month and automatically sent to the Bycoin wallet.
Bycoin wallet has an affiliate program «Bycoin Partnership, Make the Future».
You only need to send your referral link to new users! All partners will receive permanent dividends in the amount of 10% of the commission from the trades of your referrals in the three exchange protocols FlashSwap, MagnEX, SuperTx.
The functionality of the wallet is constantly expanding and new coins are frequently added. Take a look at how many people have already earned from this:
#Bycoin
April 02, 2021, 02:08:08 AM
New $BTM is coming soon!
Bytom 2.0 will also broaden the practical scenarios of BTM token.
According to the WhitePaper, the practical scenarios include but is not limited to voting governance, purchasing basic services, consensus node election, participating in other public chain mining, airdrop, trading fee discount (holding BTM token can enjoy the trading fee discount of the on-chain DeFi protocol), collateral & lending.
Read more in the article:
https://medium.com/bytomofficial/insight-into-revolutions-of-bytom-2-0-1-new-economy-2bb00008cd5e
Bytom 2.0 will also broaden the practical scenarios of BTM token.
According to the WhitePaper, the practical scenarios include but is not limited to voting governance, purchasing basic services, consensus node election, participating in other public chain mining, airdrop, trading fee discount (holding BTM token can enjoy the trading fee discount of the on-chain DeFi protocol), collateral & lending.
Read more in the article:
https://medium.com/bytomofficial/insight-into-revolutions-of-bytom-2-0-1-new-economy-2bb00008cd5e
March 29, 2021, 03:08:48 AM
Join Bytom 2.0 Community Call at 19:00 UTC+1
today! Come chat, ask your questions, share some ideas and more!
Link: https://zoom.us/j/96310176248?pwd=bS8wOElmV0ZCUXpFRFh6MWliQmxSZz09
today! Come chat, ask your questions, share some ideas and more!
Link: https://zoom.us/j/96310176248?pwd=bS8wOElmV0ZCUXpFRFh6MWliQmxSZz09
March 25, 2021, 08:21:58 AM
Bytom 2.0 Roadmap Explained: Usher in An New Epoch by Three Steps
To achieve a safe and stable transition from Bytom 1.0 to Bytom 2.0, Bytom decides to usher in a new era of Bytom 2.0 with three steps:
1. Earth Engine
2. Stop Rotation
3. Driving out of the Solar System
Only by taking each step, can we gradually start the pledge operation and transaction consensus of POS-based Bytom.
The first stage “Earth Engine” (underlying function construction)
Bytom 2.0 needs to complete the construction of all safety attributes and underlying functions including:
Based on a larger scale of staking to ensure the economic security of PoS, enhance the efficiency of consensus verification, and improve the supporting facilities for community participation in the construction of PoS;
Introducing asset issuance and GAS mechanism;
Complete the compatibility transformation of MOV platform, including wallet, cross-chain gateway system OFMF, MagnEx, FlashSwap, SuperTx, and MOV JieDai;
Improve the smart contract system and establish a more general and open developer platform;
Improve the efficiency and economic security of cross-chain interoperability.
The second stage, “Stop Rotation”
The original BTM token will be irreversibly migrated from the PoW-based Bytom to the new PoS-based Bytom (called “Bytom 2.0”). BTM token migrated to Bytom 2.0 is the original value carrier of Bytom in the true sense, and is recognized and circulated by all major trading platforms as always. How to deal with the historical PoW-based Bytom and its historical token — —
(1) If there is a successor receiver (which can be any community or miners’ interest group) in the historical PoW-based Bytom, the future direction and planning of PoW Bytom, as well as the subsequent circulation and pricing of BTM, will be decided by the receiver independently. It is suggested to be named “Bytom Classic”;
(2) If the community and interest groups agree to the 2.0 process and jointly migrate from PoW-based Bytom to PoS-based Bytom 2.0, and there is no successor, then PoW-based Bytom and the remained BTM will completely withdraw from the stage of history.
The specific implementation steps of this stage are as follows:
Deal with the market, investor relations, exchange, community, let everyone know, handle and resolve objections;
Start BTM migration channel at a certain date in the future;
Finally, the historical PoW-based Bytom will become a “free planet” after the deadline, Bytom Official will no longer carry out maintenance and endorsement.
The third stage “Driving out of the Solar System”
Fully start the pledge operation and transaction consensus of PoS-based Bytom;
In order to better implement the MOV open financial strategy, develop more diversified MOV protocol clusters, and obtain the value capture of BTM token by the development dividend of DeFi;
Bytom 2.0 will fundamentally reform its own smart contract system and developer ecology, introduce or be compatible with Ethereum contract system, so as to facilitate the migration of its projects and developers;
With a more powerful overlapping cross-chain system, MOV can be widely recognized outside Bytom’s ecology.
To achieve a safe and stable transition from Bytom 1.0 to Bytom 2.0, Bytom decides to usher in a new era of Bytom 2.0 with three steps:
1. Earth Engine
2. Stop Rotation
3. Driving out of the Solar System
Only by taking each step, can we gradually start the pledge operation and transaction consensus of POS-based Bytom.
The first stage “Earth Engine” (underlying function construction)
Bytom 2.0 needs to complete the construction of all safety attributes and underlying functions including:
Based on a larger scale of staking to ensure the economic security of PoS, enhance the efficiency of consensus verification, and improve the supporting facilities for community participation in the construction of PoS;
Introducing asset issuance and GAS mechanism;
Complete the compatibility transformation of MOV platform, including wallet, cross-chain gateway system OFMF, MagnEx, FlashSwap, SuperTx, and MOV JieDai;
Improve the smart contract system and establish a more general and open developer platform;
Improve the efficiency and economic security of cross-chain interoperability.
The second stage, “Stop Rotation”
The original BTM token will be irreversibly migrated from the PoW-based Bytom to the new PoS-based Bytom (called “Bytom 2.0”). BTM token migrated to Bytom 2.0 is the original value carrier of Bytom in the true sense, and is recognized and circulated by all major trading platforms as always. How to deal with the historical PoW-based Bytom and its historical token — —
(1) If there is a successor receiver (which can be any community or miners’ interest group) in the historical PoW-based Bytom, the future direction and planning of PoW Bytom, as well as the subsequent circulation and pricing of BTM, will be decided by the receiver independently. It is suggested to be named “Bytom Classic”;
(2) If the community and interest groups agree to the 2.0 process and jointly migrate from PoW-based Bytom to PoS-based Bytom 2.0, and there is no successor, then PoW-based Bytom and the remained BTM will completely withdraw from the stage of history.
The specific implementation steps of this stage are as follows:
Deal with the market, investor relations, exchange, community, let everyone know, handle and resolve objections;
Start BTM migration channel at a certain date in the future;
Finally, the historical PoW-based Bytom will become a “free planet” after the deadline, Bytom Official will no longer carry out maintenance and endorsement.
The third stage “Driving out of the Solar System”
Fully start the pledge operation and transaction consensus of PoS-based Bytom;
In order to better implement the MOV open financial strategy, develop more diversified MOV protocol clusters, and obtain the value capture of BTM token by the development dividend of DeFi;
Bytom 2.0 will fundamentally reform its own smart contract system and developer ecology, introduce or be compatible with Ethereum contract system, so as to facilitate the migration of its projects and developers;
With a more powerful overlapping cross-chain system, MOV can be widely recognized outside Bytom’s ecology.
March 24, 2021, 12:54:58 AM
What is Bytom 2.0? Why the team chooses Bytom 2.0 upgrade? – and what are their differences?
In this article, you get insights on how Bytom 2.0 serves the MOV strategy and supports applications and assets with higher quality.
Bytom 2.0 path will be as firm as ever before, better than the construction, in-depth industry to application, to play a role in national economy and people’s livelihood. “Five key evolution” of Bytom 2.0 is coming!
https://medium.com/bytomofficial/insight-into-the-whitepaper-every-thing-you-need-to-know-about-bytom-2-0-4be9b72ee308
In this article, you get insights on how Bytom 2.0 serves the MOV strategy and supports applications and assets with higher quality.
Bytom 2.0 path will be as firm as ever before, better than the construction, in-depth industry to application, to play a role in national economy and people’s livelihood. “Five key evolution” of Bytom 2.0 is coming!
https://medium.com/bytomofficial/insight-into-the-whitepaper-every-thing-you-need-to-know-about-bytom-2-0-4be9b72ee308
March 22, 2021, 06:08:11 AM
Click here to view the details of the WhitePaper: https://cdn.bytom.io/res/WhitePaper-Bytom%202.0-en.pdf
New Vision
Based on the Vapor side chain architecture and the multi-year operation and implementation of
MOV open financial platform, Bytom, chose to re-examine its historical position and decided
to usher in a new era of Bytom 2.0 with extraordinary significance——
Ÿ PoW Bytom blockchain evolves into PoS Bytom blockchain
Ÿ Build a united PoS Bytom blockchain on Vapor, turn the architecture of "one main side
and one side chain" into a unified platform
Ÿ Build an economic model of deflation to help the BTM holders participate in the
underlying construction of public chain and gather consensus
Ÿ Better focus on compatibility with external ecology and contract system to serve the
open financial strategy MOV
Ÿ Fundamentally realize the mission of value capture for BTM
Download PDF document to read the full text!
https://cdn.bytom.io/res/WhitePaper-Bytom%202.0-en.pdf
New Vision
Based on the Vapor side chain architecture and the multi-year operation and implementation of
MOV open financial platform, Bytom, chose to re-examine its historical position and decided
to usher in a new era of Bytom 2.0 with extraordinary significance——
Ÿ PoW Bytom blockchain evolves into PoS Bytom blockchain
Ÿ Build a united PoS Bytom blockchain on Vapor, turn the architecture of "one main side
and one side chain" into a unified platform
Ÿ Build an economic model of deflation to help the BTM holders participate in the
underlying construction of public chain and gather consensus
Ÿ Better focus on compatibility with external ecology and contract system to serve the
open financial strategy MOV
Ÿ Fundamentally realize the mission of value capture for BTM
Download PDF document to read the full text!
https://cdn.bytom.io/res/WhitePaper-Bytom%202.0-en.pdf
March 19, 2021, 04:27:24 AM
Bytom blockchain passed the first round of Blockchain Security Capability Test Certification of CAICT (China Academy of Information and Communications Technology) and obtained the test report. This is another national standard certification obtained after passing the Blockchain Function Test of China Electronics Standardization Institute in 2020, which further reflects the effectiveness in the safety of Bytom blockchain.
About the test
This round of Blockchain Security Capability Test Certification is led by CAICT (China Academy of Information and Communications Technology). The participating enterprises are based in provinces and cities covering Beijing, Shanghai, Jiangsu, Zhejiang, Shandong, Fujian, Shaanxi, and Guangdong, including the top 3 public chain projects, communication blockchain service platform, industrial blockchain platform, government blockchain service platform, commercialized consortium blockchain infrastructure platform.
The test was officially launched in December 2020. The test is based on the industry standard “Requirements for Security Protection of Blockchain Infrastructure” and “Test Requirements for Security Protection of Blockchain Infrastructure”. The test team, by four steps, namely questionnaire, technical interview, tool measurement and retest after investigation, conducts the test of account authority management, data and personal privacy, password mechanism, consensus mechanism, smart contract, security operation of the blockchain project as well as 108 indexes in 6 fields for safety capability.
About Bytom Blockchain
As the representative of public chain projects in China, Bytom blockchain fully meets the security test standards of CAICT in the fields of consensus algorithm, basic security, password mechanism, laying a solid foundation for the development of digital economy and carrying all kinds of blockchain applications.
March 18, 2021, 06:16:12 AM
Bytom 2.0 Roadmap released! Bytom decides to usher in a new era of Bytom 2.0 with three steps: Earth Engine, Stop Rotation, Driving out of the Solar System.
March 18, 2021, 04:15:53 AM
One successful blockchain investor once told me: don't sell an asset while you see the team working hard on development. It doesn't matter what the price is today: if someone is working on a product, then you don't even know what the next update will be. #BYTOM $BTM
Coming soon BYTOM 2.0
News published today 03/18/2021
We are excited to announce that we are going to launch Bytom 2.0, A new upgrade for Bytom blockchain with #NewVision, #NewEconomicModel, #NewConsensus, #NewPlatform, and New #ytom $BTM #MOV #DeFi
Coming soon BYTOM 2.0
News published today 03/18/2021
We are excited to announce that we are going to launch Bytom 2.0, A new upgrade for Bytom blockchain with #NewVision, #NewEconomicModel, #NewConsensus, #NewPlatform, and New #ytom $BTM #MOV #DeFi
February 18, 2021, 07:59:19 AM
Do you know how to deposit in JieDai?
Here comes the third infographic
You can download Bycoin Wallet (download: http://bycoin.im/en) to Deposit and earn interest.
Here comes the third infographic
You can download Bycoin Wallet (download: http://bycoin.im/en) to Deposit and earn interest.
February 18, 2021, 07:58:20 AM
Do you know how to Borrow in JieDai？
Here comes the second infographic
You can download Bycoin wallet (download: http://bycoin.im/en) to Borrow.
Here comes the second infographic
You can download Bycoin wallet (download: http://bycoin.im/en) to Borrow.
February 17, 2021, 03:17:01 AM
MOV Lending Protocol WhitePaper Released: An On-chain Interest Rate Protocol Based on Algorithm Model Click here to view the details of
the WhitePaper: https://cdn.bytom.io/res/MOV_Lending_Protocol_EN.pdf
MOV official site: https://mov.network/en/
The interest protocol based on liquidity construct pool is a very crucial part of the establishment of comprehensive DeFi of MOV. The lending feature is also the most fundamental interest rate infrastructure. It will directly improve the capital utilization efficiency of Layer 2 and has a very significant bilateral network effect. The innovation of MOV lending products is embodied in four models-interest rate, risk control, liquidation and derivative asset, which are integrated with the existing MOV protocol group and the Bytom ecology to fully enhance value-capturing effect of underlying assets. This WhitePaper focuses on the technical implementation details of MOV lending.
The Bycoin wallet is a pass in the #DeFi world from the Bytom team! The lending protocol JieDai is launching soon and I highly recommend that you familiarize yourself with this tool. http://Blockmeta.com/wallet/en
the WhitePaper: https://cdn.bytom.io/res/MOV_Lending_Protocol_EN.pdf
MOV official site: https://mov.network/en/
The interest protocol based on liquidity construct pool is a very crucial part of the establishment of comprehensive DeFi of MOV. The lending feature is also the most fundamental interest rate infrastructure. It will directly improve the capital utilization efficiency of Layer 2 and has a very significant bilateral network effect. The innovation of MOV lending products is embodied in four models-interest rate, risk control, liquidation and derivative asset, which are integrated with the existing MOV protocol group and the Bytom ecology to fully enhance value-capturing effect of underlying assets. This WhitePaper focuses on the technical implementation details of MOV lending.
The Bycoin wallet is a pass in the #DeFi world from the Bytom team! The lending protocol JieDai is launching soon and I highly recommend that you familiarize yourself with this tool. http://Blockmeta.com/wallet/en
February 16, 2021, 10:02:20 AM
We will be releasing a series of infographics explaining JieDai over the coming days. Stay tuned!
February 16, 2021, 09:56:57 AM
The interest protocol based on the liquidity construct pool is a very crucial part of the establishment of comprehensive DeFi of MOV. The lending feature is also the most fundamental interest rate infrastructure.
Bytom is launching JieDai soon! MOV.network/en
Click here to view the details of the WhitePaper:
cdn.bytom.io/res/MOV_Lending_Protocol_EN.pdf
Bytom is launching JieDai soon! MOV.network/en
Click here to view the details of the WhitePaper:
cdn.bytom.io/res/MOV_Lending_Protocol_EN.pdf
January 03, 2021, 05:04:37 AM
What is MAG？
MAG is generated by trading on MagnEx protocol, MAG will be the governance token of MOV MagnEx protocol.
Total supply
The total amount of MAG is limited to 1 million, 15% of the Total supply will be distributed to MagnEx users.
Airdrop Plan
1. The address that did trading on MagnEx before Oct 1st, 2020 will get the MAG airdrop, and the address of SUP will get the MAG airdrop.
2, All airdrop MAG amount is 15% of the total MAG including
1) 5% will be equally distributed to address that did trading on MagnEx
2) 5% will be distributed according to a certain proportion, the trading of buy BTM weight is 2, other tradings weight is 1.
3) The remaining 5% will be distributed to the relevant users in proportion to the amount of SUP users hold, the amount of SUP depends on the snapshot of the sidechain address on January 1, 2021 (Beijing time) shall prevail.
3, Users need to claim MAG, The starting time for the claim is 2:00 am (UTC), January 4, 2021
https://bytom-official.medium.com/mov-magnex-mag-airdrop-mining-debut-39ca4d72939f
MAG is generated by trading on MagnEx protocol, MAG will be the governance token of MOV MagnEx protocol.
Total supply
The total amount of MAG is limited to 1 million, 15% of the Total supply will be distributed to MagnEx users.
Airdrop Plan
1. The address that did trading on MagnEx before Oct 1st, 2020 will get the MAG airdrop, and the address of SUP will get the MAG airdrop.
2, All airdrop MAG amount is 15% of the total MAG including
1) 5% will be equally distributed to address that did trading on MagnEx
2) 5% will be distributed according to a certain proportion, the trading of buy BTM weight is 2, other tradings weight is 1.
3) The remaining 5% will be distributed to the relevant users in proportion to the amount of SUP users hold, the amount of SUP depends on the snapshot of the sidechain address on January 1, 2021 (Beijing time) shall prevail.
3, Users need to claim MAG, The starting time for the claim is 2:00 am (UTC), January 4, 2021
https://bytom-official.medium.com/mov-magnex-mag-airdrop-mining-debut-39ca4d72939f
December 31, 2020, 08:28:19 AM
December 30, 2020, 06:34:12 AM
3 days to SUP snapshot
6 days to 150,000 MagnEx(Mag) Airdrop
Users who can get MAG:
1, The amount of SUP snapshotted on Jan 1th, 2021 is not zero
or
2, Previous MagnEx users
Download: http://bycoin.im/en
Telegram: https://t.me/BytomInternational or https://t.me/sup_community
#Airdrop for all $SUP holders! Friends, Bytom issues a $MAG coin and everyone who has a #SUP coin on their wallet will receive #MAG! A snapshot of all wallet balances will be taken soon, but there is still time
SUP coin is traded on exchanges:
1) https://gate.io/trade/SUP_USDT
2) https://mxc.com/trade/easy#SUP_USDT
3) https://bkex.com/#/trade/SUP_USDT
6 days to 150,000 MagnEx(Mag) Airdrop
Users who can get MAG:
1, The amount of SUP snapshotted on Jan 1th, 2021 is not zero
or
2, Previous MagnEx users
Download: http://bycoin.im/en
Telegram: https://t.me/BytomInternational or https://t.me/sup_community
#Airdrop for all $SUP holders! Friends, Bytom issues a $MAG coin and everyone who has a #SUP coin on their wallet will receive #MAG! A snapshot of all wallet balances will be taken soon, but there is still time
SUP coin is traded on exchanges:
1) https://gate.io/trade/SUP_USDT
2) https://mxc.com/trade/easy#SUP_USDT
3) https://bkex.com/#/trade/SUP_USDT
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