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Blockchain is the underlying technology of Bitcoin. As one of the core technologies for the fourth industrial revolution, it is affecting everything that surrounds us, even the way we live. Bytom, a public blockchain platform designed to transfer assets from atomic world to byteworld. Unlike other public blockchains (such as Ethereum), Bytom only focus on Assets Register and circulation area. Byto is compatible with the UTXO model and the transaction data structure of Bitcoin, to achieve high-speed concurrence and controllable anonymity. BIP44 is used in the design of Bytom wallet, to provide support for multi-currency, multi-account and multi-key. In Bytom's design, signature is separated from the rest of the data in a transaction, to achieve better programmability and contract support. In Bitcoin's design, the PoW mechanism is criticized as the machines could be applied to mining only, resulting in a great waste of hardware and energy. And Bytom's PoW algorithm that is friendly to AI ASIC-chips. Matrix and convolution calculation is introduced into the hashing process. Miners could be used for AI acceleration services after they are outdated, generating additional social benefits. Developers can create a tiny version of X chain or Xrelay, thus achieving cross-chain communication, asset transaction and dividend distribution. In the future, Bytom can be used for management of income assets, films and other projects. We can use Bytom to get funding with an easy, fast and transparent way. More importantly, Bytom will implement a blockchain-based secondary market for asset-backed securities (BABS). The traditional process is complicated and inefficient. But in Bytom's design, it will not only greatly improve the efficiency of ABS operation, but also ensure that information cannot be forged and modified. Bytom, a link between the atomic world and byteworld.
Bytom Blockchain's tokens: Bytom Coin (English Symbol BTM), total of 2.1 billion which will never be increased.
Official website: http://bytom.io/