Bytom (BTM) is a revolutionary blockchain platform designed to bridge digital and physical assets, creating an interconnected ecosystem for diverse asset management. This guide explores Bytom’s technology, mission, and unique value proposition in the cryptocurrency space.
Understanding Bytom (BTM) Coin
BTM serves as the native cryptocurrency of the Bytom blockchain, initially priced at ¥0.25 during its launch. Currently traded on 18 major exchanges, BTM powers a protocol for multi-asset interaction between:
- Digital assets (cryptocurrencies, tokens)
- Physical-world assets (legal documents, equities, bonds, intelligence data)
👉 Discover how Bytom compares to other major blockchain platforms
Technical Architecture
Bytom employs a sophisticated three-layer structure:
- Application Layer
- Mobile-friendly interface
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Developer tools for asset management applications
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Contract Layer
- Genesis and control contracts for asset issuance
- Extended UTXO model (BUTXO)
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Optimized virtual machine with introspection mechanism
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Data Layer
- Distributed ledger technology
- AI-friendly PoW consensus algorithm
- Matrix and convolution calculations in hashing
The platform’s cryptographic foundation combines:
- ECDSA encryption
- SHA-256 hashing
- Future support for Chinese national standards (SM2, SM3)
Bytom’s Vision and Mission
Core Mission: “To connect the bit world with the atomic world, building a decentralized network for diversified asset registration and circulation.”
This vision translates into concrete technological implementations that enable:
- New digital asset creation through smart contracts
- Decentralized application development
- Incentive mechanisms for global participants
Key Objectives
- Establishing Asset Standards
- Global open registration platform
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Simplified asset creation and definition
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Developing Interaction Tools
- Basic asset exchange protocols
- Advanced interaction mechanisms:
| Tool Type | Functionality Example | Real-world Application |
|---|---|---|
| Trigger Tools | Contract-based voting systems | Shared dataset activation |
| Prediction Tools | Zero-sum prediction markets | Insurance hedging, risk management |
👉 Explore real-world blockchain applications
Bytom’s Future Potential
Bytom positions itself as:
- An information economy enabler that:
- Amplifies asset utility
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Creates new value from digital information
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A data infrastructure provider for:
- Artificial intelligence systems
- IoT networks
- Next-generation financial services
Frequently Asked Questions
Q: How does Bytom differ from Ethereum?
A: While both support smart contracts, Bytom specializes in physical-digital asset interoperability with its unique BUTXO model and AI-friendly mining algorithm.
Q: What makes Bytom’s mining special?
A: Its PoW algorithm allows mining hardware to be repurposed for AI acceleration, creating additional social value beyond cryptocurrency mining.
Q: Can Bytom handle complex financial instruments?
A: Yes, its contract layer supports advanced financial operations including prediction markets and conditional triggers for real-world asset management.
Q: Is Bytom compliant with Chinese regulations?
A: The platform plans to implement Chinese national cryptographic standards (SM2/SM3), demonstrating regulatory awareness while maintaining blockchain principles.
Q: What types of assets can exist on Bytom?
A: The network supports both purely digital assets and tokenized representations of physical-world instruments like bonds, equities, and legal documents.
Q: How does Bytom ensure asset security?
A: Through multiple cryptographic layers including ECDSA, SHA-256, and future SM3 implementation, combined with decentralized ledger technology.