BYTOM - Scary Surprise!

BYTOM - Scary Surprise!

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Building an interactive protocol of multiple byte assets is not something most people will worry about all that much. Looking a bit more into this project, it becomes evident Bytom focuses on creating heterogeneous byte-assets which operate in different forms on the Bytom blockchain. Additionally, there’s a focus on atomic assets – dividends, bonds, etc. – which can be registered, exchanged, and engaged with in the form of contract-based operations using Bytom. Bridging the gap between digital information and real-world information is a noble venture, assuming there is a market for it.

It is evident that Bytom is one of the more technical projects in existence right now. There are three different layers: a data transaction and transmission layer, the contract layer, and the asset interaction layer. Moreover, the Bytom blockchain uses a general address format which supports multiple currencies. Similar to most other cryptocurrencies in existence, a combination of public and private keys allows users to store their assets in a safe and secure manner. Assets issued and digitized on the Bytom blockchain are named using the Open Data Index name system, which should help make their names unique enough.

This Is My Take on BYTOM!/v/worldtraveller32/rmnvs5WqCes

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