Review on Bytom by Alex Martakov

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.