Review on Bytom by Özgün A
By-Tom
Bytom provides interaction between computers by measuring the maximum capacity of computers. Bytom is especially loved by cryptocurrency users who love to gamble. It is also preferred for clearing and complex multi-layered transactions.
Bytom system consists of 3 stages.
1) Inter-computer data exchange and transmission
2) Mutual contract and asset interaction
3) Interaction between assets.
Phase 3 mutually integrates the contracts between users. This interaction occurs with the approval of the users and the Bytom agreement is made.
It works in harmony with Bitcoin with UTXO pool algorithm.
It is currently listed on the largest exchanges.
It is a low price but logically preferred cryptocurrency. It is a crypto money project that aims to tokenize real-world assets and make them built on blockchain.
That is, he is exchanging asset values.
You can create an asset and sell through Bytom without any limits.
With the OMF algorithm, it ensures that all your assets are traded on different networks.
By converting your real-world assets into tokens, you can sell them for much more than their value through this system.
Pros
- You can tokenize your assets and sell them in the digital world
- Has powerful algorithms such as UTXO and OMF
- Allows your single asset to be sold across multiple blockchain networks
- Compatible with Bitcoin, easily integrated
Cons
- Usage is very low or not allowed in countries that do not allow gambling
- Low in price
