Bytom (BTM) Coin

bytom logo

What is Bytom?

People are not often aware of cryptocurrency, what it is about, how it is used and what the main benefits it has. Cryptocurrency is a digital currency that is independent of the banks or the government. It can be transferred as well as used as a substitute for real money. The government cannot restrict or confiscate your cryptocurrency. Bytom is a great infrastructure of asset Internet. It’s a blockchain protocol, designed for both digital and financial asset applications.

How Does Bytom Work?

People are often unaware of how cryptocurrencies work that is why this Bytom cryptocurrency review is going to explain it in the most detailed way. The few steps that you have to follow are really easy and understandable. These steps are as follows:

1) Creating a Wallet

The first thing you will have to do is create a digital wallet for yourself. You will create an ID on either Ethereum or Bitcoin. You can only create an address if you have a wallet. It will be up to you to share your address to make transactions.

2) Secure Identity

All the transactions you make will be saved into a ledger that anyone can view. A private key will be included on the address that you use to make transactions through. This key is used to confirm your identity.

3) No Manipulation

All the transactions that are waiting get confirmed by Mining. The transactions are packed in a block so that people do not try to manipulate them.

Bytom has its own cryptocurrency known as BTM. With the help of BTM, it is possible to perform the next functions inside the Bytom system:

  • To pay commissions;
  • To use BTM as payment of dividends;
  • BTM will be used to provide Bytom network assets.

Benefits of Bytom:

  • Bytom is an independent currency. Stores such as Apple and many other independent online stores have started accepting Cryptocurrency instead of money. This shows how times are changing. Investing in any cryptocurrency is an intelligent thing to do at the moment as they are on a rise.
  • Cryptocurrencies such as Bytom are recognized universally thus they do not need to be transferred or exchanged.
  • Bytom is having a high demand and it is said to rise in 2018 and the next upcoming years. It will be a good idea to invest into.

How to Setup Bytom?

Creating an account of on Ethereum or Bitcoin will create a new deposit address you can then create a new address to make transactions. You can create up to ten addresses and use these address to hold cryptocurrencies. You can make your deposit account visible by clicking on ‘Show my address’ in ‘Actions’.

How Much Does Bytom Cost?

Bytom costs around $0.632340. Bytom is more focused on the transfer of assets as compared to other cryptocurrencies. Bytom can digitalize any kind of assets, even if it is a physical asset so that you can gamble.  You can exchange assets such as bonds with the help of Bytom.

How to Invest In Bytom?

You will link your bank account through coin base and buy Bytom and invest in it. It will be very easy to allocate your money from Bytom to other currencies if you think that the value of Bytom is going to go down. Bytom allows you to interact with other blockchains.

Key Features of Bytom:

There are three layers to Bytom as it is a bit complex as compared to other currencies: contract layer, app layer, and ledger layer.

Bytom’s main goal is to create a decentralized network which will provide exchanging as well as registering of various atomic and byte assets. It should be mentioned that there are 3 types of Bytom assets:

  • Equity Assets (needs investor verification for transfers. It also includes equity in private companies as well as shares of a non-public investment)
  • Income Assets (local government investments, non-performing assets, and crowdfunding campaigns)
  • Security Assets (has a predictable cash flow)

Bytom (BTM) Specification

Algorithm: 

Start Date:

Total Supply:

Circulating Supply:

PoW

20/06/2017

1 407 000 000 BTM

987 000 000 BTM

Bytom (BTM) Roadmap

January 2017

Project Established

June 2017

Fund completed

September 2017

Testnet Released

October 2017

Testnet Released

December 2017

“SPARK” Bytom 0.2.0

January 2018

Tensority Released “Scope” Bytom 0.3.0

February 2018

“NEU” Bytom 0.4.0

Q2 2018

Mainnet launch

Bytom (BTM) Wallets

bytom logo

Bytom Wallet

ledger

Ledger Nano S

trezor

TREZOR

jaxx

Jaxx

myetherwallet

MyEtherWallet

metamask

MetaMask

parity

Parity

guarda wallet

Guarda Mobile Wallet

guarda wallet

Guarda Multi-currency Web Wallet

ethereum mist

Ethereum Mist DApp

Bytom (BTM) Exchanges

huobi

Huobi

okex

OKEx

bibox

Bibox

gate io

Gate.io

cryptopia

Cryptopia

kucoin

Kucoin

exx

EXX

allcoin

Allcoin

lbank

Lbank

oex

OEX

etherdelta

EtherDelta

coolcoin

Coolcoin

hitbtc

HitBTC

rightbtc

RightBTC

coinegg

CoinEgg

coinex

CoinEx

zb com

ZB.COM

bigone

BigONE

Bytom (BTM)

Team of the Bytom (BTM)

Chang Jia founder of 8btc of bytom

Chang Jia

FOUNDER OF 8BTC

Duan Xinxing founder and ceo of bytom

Duan Xinxing

FOUNDER AND CEO OF BYTOM

Lang Yu cto of bytom

Lang Yu

CTO OF BYTOM

Zhu Yiqi senior blockchain specialist of bytom

Zhu Yiqi

SENIOR BLOCKCHAIN SPECIALIST

Li Yongfeng front end engineer of bytom

Li Yongfeng

FRONT-END ENGINEER

Ma Yao blockchain engineer of bytom

Ma Yao

BLOCKCHAIN ENGINEER

Yang Sheng blockchain engineer of bytom

Yang Sheng

BLOCKCHAIN ENGINEER

Lin Haoyu blockchain engineer of bytom

Lin Haoyu

BLOCKCHAIN ENGINEER

Wang Zhang blockchain engineer of bytom

Wang Zhang

BLOCKCHAIN ENGINEER

Qu Zhaoxiang coo of bytom

Qu Zhaoxiang

COO OF BYTOM

Li Zongcheng cfo of bytom

Li Zongcheng

CFO OF BYTOM

Li Muyang business development director of bytom

Li Muyang

BUSINESS DEVELOPMENT DIRECTOR

Ma Qianli bytom operation director of bytom

Ma Qianli

BYTOM OPERATION DIRECTOR

Juan Ibagon business development manager of bytom

Juan Ibagon

BUSINESS DEVELOPMENT MANAGER

Hou Yi pr manager of bytom

Hou Yi

PR MANAGER

Fawn Fang oversea operation manager of bytom

Fawn Fang

OVERSEA OPERATION MANAGER

Xu Nan new media manager of bytom

Xu Nan

NEW MEDIA MANAGER

Peng Zhuowen oversea operation manager of bytom

Peng Zhuowen

OVERSEA OPERATION MANAGER

Zhong Lifei tech operation manager of bytom

Zhong Lifei

TECH OPERATION MANAGER

Bytom (BTM) Explorer

Summary

Bytom is exactly like other cryptocurrencies but still different. Its focus is filling the gap between real and digital world.  It is a bit technical as compared to other digital currencies. As well as every good project waiting for its development, Bytom is not the exception.