[ANN]BYTOM: An interoperational protocol for diversified byte assets

[Bytom_official]

Bymov V0.2 easy cross-chain, easy trading and earn anytime

https://medium.com/bytomofficial/bymov-v0-2-easy-cross-chain-easy-trading-and-earn-anytime-891e46b0979e

[1714010871]

1714010871

[1714010871]

1714010871

[1714010871]

1714010871

[1714010871]

1714010871

[1714010871]

1714010871

[Bytom_official]

Trading Protocol Update
In #MOV DeFi we have three types of trading protocols, we updated their new names, and many new features have been added.

Check out these new names:

Lightning Exchange > FlashSwap
Magnet Exchange > MagnEx
Superconducting Exchange >SuperTx

[Bytom_official]

SuperTx adds BTC, ETH, BTM to trading pairs (low slippage) and liquidity Pool (estimated 15% APR)

https://medium.com/@Bytom_Official/supertx-adds-btc-eth-btm-to-trading-pairs-and-liquidity-pool-this-is-beneficial-to-long-term-bef43f5aa96f

[Bytom_official]

Bytom together with Math Wallet, Bitpie, imToken and Cobo, deployed the Open Federation Management Framework (OFMF)

https://medium.com/@Bytom_Official/bytom-together-with-math-wallet-bitpie-imtoken-and-cobo-deployed-the-open-federation-management-ff2d447025a9

[Bytom_official]

Byone V3.0.0 version has been released in Chrome Web Store

Update content:
1. User Interface update
2. The functional modules restructure
3. Wallet system update

Make cross-chain easier and faster for you on Web: https://crosschain.bymov.io/cross-chain

[LabelMen]

[Bytom BTM] So far, the total number of locked positions in the liquidity pool of the Bytom MOV platform has reached $ 73.57 million, becoming the DEX platform with the second highest number of active users, third day trading volume and fifth day trading volume worldwide!

[LabelMen]

Cool result! Friends, let me present you the result of the work of the MOU platform in 4 days !!! 100,000,000 !!! I believe that the DeFe project, according to Bytom, is definitely making serious progress and until it made a lot of noise (after which the SUP coin will cost completely different money), I highly recommend everyone to take a closer look at the ideas laid down in the MOU project, to the code that was created for 4 years on our own blockchain developed by the HOUSEHOLD team! Well, the decision on investment and risks is definitely yours.

[LabelMen]

1.
The second meeting of the #IEEE Identity Key Management Working Group (P3209) led by #Bytom has been successfully held.
I like the composition of the participants! Firechain Technology, Sichuan Changhong, Math Wallet, Zhongke Fuyun, Zheshang Bank, #Hyperchain, #IEEE, #Haier, #Ontology, #NEO Global Development Ltd and other members participated in the discussion. Again in a month!
https://t.co/hVgaHtVxx7?amp=1

2.
All SUP Holders, we are welcome you to read this article: SUP Community #Governance #Proposal Draft V1
It’s not only about $SUP, but it’s also about you. Being a SUP holder you can #determine many things about SUP.
https://link.medium.com/AcH17yR489

3.
The speed of #crosschain from Bytom's #sidechain to #mainchain has been improved. In normal circumstances, it only takes less than Клaвишa 1 minute to complete the corsschain process.  
Try it on Bycoin, download: http://bycoin.im/en
(P.S. No fee cost from sidechain to mainchain)

4.
This is the first buyback and coin burn of SUP!
SUP coin burn TxHash:6062b02616f75443a31ceb0eb7863f99fb40e62c38489057b920fd4df330805a  (http://Blockmeta.com)

5.
MOV Network
At 3:00 am (UTC), Sep 29, 2020, SUP will be available in mainchain address, and SUP crosschain from sidechain to mainchain will be enabled. Download Bycoin wallet from https://t.co/3xbYZFxSMv

6.
Announced listing of SUP on some exchanges
https://support.mxc-exchange.com/hc/en-001/articles/360049775232
MXC will list Supertx Token (SUP) in the Assessment Zone and open trading for SUP/USDT trading pair. The specific timeline is shown below.
Deposit: 10:00 (UTC+8), September 29
Trading: 10:30 (UTC +8), September 29
Withdrawal: 10:30 (UTC +8), September 29

[LabelMen]

listing on 4 exchanges!
Trades are open! $USDT
1) https://gate.io/en/trade/SUP_USDT
2) https://mxc.com/trade/easy#SUP_USDT
3) https://bkex.com/trade/SUP_USDT
4) https://bitkan.com/chart/29200
#SUP is the value capture token of the #MOV #SuperTx protocol (an advanced and improved AMM trading alternative to #Uniswap) and an important part of the MOV #DeFi protocol suite.


To everyone who is interested in the SOUP coin (this is not just a coin, it will give the owner some attractive rights and opportunities! So you can learn more about the SUP and get answers to your questions in the specialized telegram group: https://t.me/sup_community

[LabelMen]

Bytom CEO Lang Yu: DeFi-Educating users to truly understand the blockchain, it has great significance.
The “POW’ER 2020 DEFI Innovator Conference”, hosted by Mars Blockchain and co-hosted by TRON, was held in Shenzhen on 29th Sep.
The topics of the conference covered 10 major subdivisions in the field of DeFi. DeFi innovation leaders, industry leaders, and first-line investment and research institutions at home and abroad were widely invited to an in-depth discussion about a variety of topics such as the challenges and opportunities in DeFi, investment strategies in primary and secondary markets, DeFi, and NFT encrypted art auctions.
In the morning session, Bytom’s CEO Lang Yu commented that the essence of DeFi has four key points.
https://medium.com/@Bytom_Official/bytom-ceo-langyu-defi-educating-users-to-truly-understand-the-blockchain-it-has-great-31c9d9b61f40

[LabelMen]

1) The last $SUP coins are mined! Their circulation is only 100,000! The #Bytom team is developing an interesting product, #DeFi, which will form the basis of a large infrastructure. SUP is already on 4 exchanges!
https://bapp.blockmeta.com/sup


Awesome news!
2) Bytom's Mainchain (Bytom blockchain) and Sidechain (Vapor) all added into #alibaba  Cloud Marketplace. Users can deploy Bytom’s #mainchain and sidechain in one click.
Alibaba cloud (alibabacloud.com) Cloud is the second cloud service company that supports Bytom after Amazon Web Services (aws.amazon.com)

[LabelMen]

"We finally set up a systematic risk management system for stablecoin, providing all-round financial parameters guidance at all times.
Our evaluation shows that classic risk management tools can also play an efficient effect on the cryptocurrency market."
                                                                                                                                               ~ Qiushan Liu from Bytom~
I loved employee Qiushan Liu from #Bytom foundation performance at Brains 2020! He outlined the main direction that the Bytom team considers strategically correct and for which a solution has already been created! I recommend reading: https://medium.com/@Bytom_Official/recap-of-chief-research-qiushan-tom-lius-presentation-at-brains-conference-d8be5c962d6

[LabelMen]

It's nice to know that the Bytom team has such gifted, smart and respected employees!
1) Congrats! Bytom CTO James Zhu elected as expert member of Hangzhou Blockchain Technology and Application Association.


2) Recap of Chief research Qiushan(Tom) Liu’s presentation at BRAINS Conference, See Bytom’s research on how to build a stablecoin ecosystem for
MOV  MOV with practical risk management.
https://t.co/meUojtfsyQ?amp=1

[LabelMen]

SUP Community governance proposal Amendment
https://medium.com/bytomofficial/sup-community-governance-proposal-amendment-ade8dd310178
SUP is the value capture token of MOV SuperTx and an important part of MOV.


Bytom Weekly Report (2020. 10. 12–10. 16)
https://medium.com/bytomofficial/bytom-weekly-report-2020-10-12-10-16-69222e4a7e64

[LabelMen]

I am glad to see interest in the developments of the Bytom team from Western companies. I welcome Emerita Capital   and thank you for your willingness to help #Bytom build ecology in the Western market. More details here: https://medium.com/bytomofficial/emerita-capital-has-now-joined-bytoms-sidechain-vapor-node-campaign-4950ecaf777
Emerita Capital has now joined Bytom’s sidechain (Vapor) node campaign
Brief introduction of Emerita Capital
Emerita Capital is an independent financial research firm based in San Francisco, specializing in Blockchain Technology and Artificial Intelligence.
Emerita Capital had the first communication with Bytom Foundation in August this year. In the subsequent online meetings between the two parties, the two parties exchanged the latest developments and trends in their respective fields.

[sv.alyona]

On the KuKoin exchange, the replenishment and withdrawal of Bytom tokens are again available, as well as the addresses of wallets have been changed after the hacking incident https://www.kucoin.com/news/en-ksm-btm-hc-deposits-and-withdrawals-now-open

[sv.alyona]

In the weekly news in another report from Bytom during this period, the key points are:

-OFMF Bytom updated to version 0.2
-Release from Vapor version V1.1.6.
- MOV SuperTx Community Governance launched.

https://bytom-official.medium.com/bytom-weekly-report-2020-10-26-10-3-d3e07f875623

[LabelMen]

To many who didn’t know Bytom’s comprehensive ecosystem.
We will be releasing a series of articles explaining #Bytom($BTM)’s ecosystem over the coming days. Stay tuned!
Here is the first:
#Blockchain #crosschain #DeFi #exchange #protocol #sidechain
https://bytom-official.medium.com/bytom-ecosystem-explained-1-bytom-and-its-products-fd9b4cd9d175

[LabelMen]

Here's some really cool news!
Bytom launches the MAG coin!
$MAG mining Debut will come, MAG distribution will be distributed through 5 ways.
$MAG the governance token of MagnEx protocol.
MagnEX protocol is a decentralized Order book exchange.
MagnEX is available in Bycoin wallet( http://bycoin.im/en)
https://bytom-official.medium.com/mag-mining-a-journey-of-value-discovery-and-consensus-cohesion-b571f9e324ba

[LabelMen]

We have published two previous articles, If you have not seen kindly make out some time to read the short articles:

1) https://bytom-official.medium.com/bytom-ecosystem-explained-1-bytom-and-its-products-fd9b4cd9d175
2) https://medium.com/bytomofficial/bytom-ecosystem-explained-2-what-is-the-relationship-between-bytom-mainchain-and-vapor-471690f9de3a

Vapor created as a sidechain for the Bytom ecosystem, is a Layer 2 scaling solution to solve the scaling issue for Bytom blockchain (Known as Mainchain).
Vapor is a DPoS + BBFT (Bytom Byzantine Fault Tolerance) consensus blockchain, the TPS of Vapor can theoretically reach 16,000 which can fully support many applications.
Vapor has 10 Block producer nodes and many Standby Block producer nodes. And those nodes are playing important role in the Vapor’s ecosystem:
1, These nodes are elected by BTM holders
2, Maintain the blockchain network and earn incentive (reward)
3, With the continuous development of MOV, the rewards for the nodes has improves as they can share more transaction fee from the massive transactions running on Vapor.
4, With the continuous development of Vapor, the nodes will have many other features and roles.
Currently the nodes of Vapor are around the world, we have nodes from different sectors in this industry. For example: Exchange (like Huobi), community (like Bytom 313 community), Capital (like Emerita Capital), wallet (like Cobo, Bepal, Mathwallet), professional staking service provider( like InfStones), professional research website( like Dappreview), among others.
All these nodes are important partners of Vapor ecosystem, and will help in many ways.
The opportunity is open to new partners who want to be
Vapor nodes provider. Kindly contact Bytom official for more information.
DPoS — Delegated Proof of Stake is an alternative to proof of work consensus algorithm and considered an upgrade to Proof of Stake (PoS). DPoS and PoS requires less external investment (power consumption and hardware). DPoS counts with a voting system where stakeholders outsource their work to a third-party.