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Bytom Price: $0.087324 -0.19%
What is Bytom?
Bytom Blockchain Protocol (hereinafter referred as Bytom) is an interactive protocol of multiple byteassets.
Heterogeneous byte-assets (native digital money, digital assets) which operate in various forms on the Bytom Blockchain and nuclear assets (warrants, securities, dividends, bonds, intelligence advice, forecasting advice and other details which exist in the physical world) can be enrolled, exchanged, gambled and engaged in other more complex and contract-based interoperations via Bytom.
The protocol joins the byteworld and the world to promote circulation and the interaction of resources between the two worlds. Bytom adopts three-layer architecture: data transmission coating, contract coating and application layer. The application layer is suitable for developers and favorable to other and mobile terminals to develop asset management applications.
The contract coating use genesis contract and control contracts for advantage issuance and management, optimizing EVM supporting BUTXO of UTXO model at the base layer and utilizing introspection mechanism in Turing complete to reduce deadlock.
The data transmission coating adopts DLT technology to achieve spending, asset issuance, move and other operations. POW algorithm which are favorable to AI ASIC chips is used by the consensus mechanism. the miners may be used to get AI hardware acceleration services, creating additional societal benefits, matrix and convolution calculation is introduced to the procedure.
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