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Author Topic: [ANN]BYTOM: An interoperational protocol for diversified byte assets  (Read 75366 times)
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November 10, 2020, 07:18:10 AM
 #1121

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
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November 10, 2020, 07:22:09 AM
 #1122

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

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November 19, 2020, 06:30:11 AM
 #1123


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.
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