Review on Bytom by phuong cong
Bytom project is at the forefront of the cryptocurrency space!
Bytom is a public blockchain platform created to help connect, manage, and solve problems related to assets in the digital world with real-world assets. Bytom's mission is to bridge the digital and physical worlds, build a decentralized network where digital assets can be registered and exchanged for (physical evidence). securities, dividends, bonds ...).
Bytom uses a Proof-of-Work consensus mechanism, both Bitcoin and Ethereum are also using this mechanism. However, the Bytom blockchain is not vulnerable to Sybil attacks and 51% attacks, because Bytom only deals with assets. To be realistic with the requirements of the blockchain system, Bytom focuses on decentralization and security rather than performance.
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Pros
- A long-standing project in this space, with great influence
- Have good roadmap products and excellent team
- BTM always maintains good prices even when it is in the bear market
Cons
- I hope the team can develop faster than the project
