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Revainrating 4 out of 5

Bytom - Byteassests era!

Bytom is a cross-chain protocol facilitating the activities related to byteassets and providing a brilliant management environment for them. The blockchain inherits Bitcoin's essential features and includes advanced features for fulfilling its ultimate goal mentioned. Bytom utilizes sophisticated mechanism to accelerate transaction speed, guarantee the security, anonymity, assets uniqueness, prevent double-spend attempts, and incentivize users. Its goal of bridging physical world with byte…

Pros
  • Bytom connects physical world with byte world to support the development of global finance
  • BUTXO models is proposed to enhance high-speed concurrence and controllable anonymity
  • BIP32, BIP43, and BIP44 is leveraged to support multi-currency, multi-account, multi-address, and multi-key with HD wallets to make storage more optimal, safe and convenient
  • Bytom's encryption is of Chinese National Encryption standard so it is secure enough for byteassets storage
  • ODIN standards differentiate assets making them unique. Blockchain height is used to name the assets
  • Quasi "Segregated Witness" Design is the design that helps the interoperation of different types of assets.
  • Good liquidity on many major exchanges is another strong point
  • The team often interacts with the community
  • It is very friendly to ASIC miners
Cons
  • Overall ideas are too similar to many other projects
  • PoW has critical problems that need to be tackled

Revainrating 3 out of 5

Bytom a crypto that must improve

Bytom is a platform that seeks the connection between real assets and blockchain services, allows lateral smart contracts as well as cross assets. -It has a fairly moved team, in addition to keeping the repositories updated in addition to good interaction with the community that supports them that is really great. -News section where you can find relevant information. - In addition to being faster and lighter than the current ethernet network. -Like Neo is a Chinese cryptocurrency developed…

Pros
  • Repositories updated and with progress constantly informed.
  • Exchange of information and digital assets.
  • Good positioning in the global cryptocurrency market within the first 100.
  • Supports smart contracts.
  • They have raised a lot of capital in the different sales made. Repositories updated and with progress constantly informed.
Cons
  • There are many competitors in this regard.
  • Some people and negative news related to mining.
  • The mining algorithm was hacked causing investors to lose money.
  • There are multiple data related to possible problems with your code.
  • Centralized Mining

Revainrating 4 out of 5

Bytom an asset interaction system

Bytom a project that brings with it a model that wants to change the old system of exchanges of goods, since the world is constantly evolving, establishing a digital world for finance can become successful in the future, in a great way the vision of the project it is to integrate people to a large extent using the platform to manage and issue goods from the physical world through the bytom ecosystem functions As for the platform model that consists of three layers, the application layer…

Pros
  • Innovative project migration of physical assets to digital
  • It can have an impact on the finance market
  • Modern asset designation system (ODIN)
  • Supports the DLT protocol, which allows interaction between assets
  • It is much lighter than the Ethereum network
  • BTM accessible in multiple recognized exchanges and high liquidity
Cons
  • There are already several competitors in the market
  • The platform model can be complicated
  • His vision of the project requires greater adoption to the world of blockchain, which requires time

Revainrating 4 out of 5

Financial world

The Bytom network can carry three types of assets: - Equity assets such as tokens; - Securitized assets, such as bonds. - Each claim is assigned a name using the ODIN standard, which provides unique and cannot copy assets. So what? The project is very interesting and promising. If its creators can fully realize their plans, the modern world of finance will come closer to the digital embodiment. However, if they succeed in this, it is impossible to say. In addition, many less promising comp

Pros
  • The Bytom network can carry three types of assets:
  • he project is very interesting and promising
  • Use case
Cons
  • Competitors

Revainrating 4 out of 5

Taking into account such factors, Bytom application can become a popular tool…

Taking into account such factors, Bytom application can become a popular tool for working with digital data. Analysts positively assess its potential in the global economy, provided the qualitative implementation of technologies of interaction between different operators and blockchains.

Pros
  • As part of the functionality, Bytom provides several levels of work with these assets: (+)- application – contains tools for managing papers and user interaction with them; (+)- smart contracts – drawing up agreements on a contract basis for interaction with other users; (+)- issue your own assets and tokens, transactions and transfers. For all operations, the Bytom blockchain requires the processing power of network-connected devices. The Protocol for achieving consensus in the framework of decentralization of the network Proof of Work. Taking into account the algorithm used, ASIC devices can be included in mining. The Betum token (BTM) is not positioned as a means of payment for widespread use. The main task of this cryptocurrency is internal functionality. There are three areas in which these coins are used: (+)- payment of transaction fees and asset management; (+)- accrual of dividends for the storage of assets within the Bytom platform; (+)- provision of used assets. Thanks to these factors, the Bytom application creates all conditions for the successful conduct of financial activities. The distinctive features of the platform is the use of technologies that combine different blockchains to work within the same system.
Cons
  • For a short time of exchange trading, the token showed a sharp rise and collapse, which many associate with speculative actions.

Revainrating 4 out of 5

Bytom uses Tensority PoW mining and supports blockchain interoperability. The…

Bytom uses Tensority PoW mining and supports blockchain interoperability. The tri-layer approach makes it nimble, and it has so far passed through both U.S. and Chinese regulation. This project is toeing all the right lines and is a seriously undervalued crypto project. When AI machine learning algorithms and big data start ruling the technological roost, the value of Bytom will really be seen.

Pros
  • Bytom has a triple-layer approach that divides the blockchain into transactions, transmissions, and asset interactions. It submitted itself to the SEC Howey Test and avoided classification as a security. It's associated with 8BTC and very popular in China. The mainnet launched, and the Ethereum-based testnet is still up.
Cons
  • Because it's a Chinese project, English support is thin. It's difficult to get much information on this project in the western world.

Revainrating 3 out of 5

http://bytom.io/ Well reasoned tech back end. Multiple use cases already…

http://bytom.io/ Well reasoned tech back end. Multiple use cases already succeeding and performing. The 1 year check in report ( I know guys, I know) will be written, but your own chapter with BYTOM is starting today. Go write some pages yourself and let me know how it goes.

Pros
  • ETH shaped swap exchange. Thoughtful and interesting technical whitepaper. Second level swapping structure ( more than BTC for cash, or ETH for cash, or BTC for ETH - Can exchange BTC for 3 or 4 or 6 other things.
Cons
  • ETH shaped swap exchange that touts gambling as one of it's intended features. Also offering previous gen financial products -securities, dividends, bonds.