HomeCoinsBytom (BTM)Bytom Weekly Report (2020. 5. 25–5. 29) - BYTOM BLOCKCHAIN

Bytom Weekly Report (2020. 5. 25–5. 29) – BYTOM BLOCKCHAIN

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1, Lately, the paper “MovER: Stabilize Decentralized Finance System with Sensible Threat Administration” by the Bytom researcher Tom Liu was accepted by BRAINS Worldwide Convention — tech supported by IEEE and ACM.

This paper proposes a decentralized and secure monetary system based mostly on a contemporary threat administration and analysis system, together with a collateral framework, stability mechanism, and liquidation mechanism. On the similar time, threat bonds had been launched to withstand the affect of the black swan. This concept fills vacancies associated to threat administration within the DeFi area, which implies that the analysis work associated to the Bytom is on the forefront of the trade, and it additionally supplies a stable theoretical foundation for the next growth of MOV.

For extra particulars: https://medium.com/@Bytom_Official/bytom-researcher-tom-lius-paper-was-accepted-by-brains-2020-64fd9ef8e3de

2, Buying and selling competitors of MOV

The third spherical of the buying and selling competitors is in full swing, and the primary place will obtain a reward of 120,000 BTM! The highest 100 individuals will all obtain rewards, Come and take part!

Subsequent week there would be the fourth spherical of the buying and selling competitors, the rewards are bigger, the primary place will obtain a reward of 200,000 BTM.

3, CryptoDiffer AMA

At 20:30 on the night of Might 25, Bytom CEO Lang Yu was invited to take part within the AMA held by the CryptoDiffer neighborhood. The CryptoDiffer neighborhood covers blockchain challenge analysis, neighborhood companies, consulting, and so forth. Sooner or later, CryptoDiffer will assist Bytom and MOV to distribute content material and popularize the related data of Bytom.

On this AMA, Langyu shared many visions about MOV and DeFi. The next is a evaluate of AMA.

For extra particulars: https://medium.com/bytomofficial/recap-of-ama-with-cryptodiffer-community-20e0e28cc197

4, An announcement of the partnership between OKChain and Bytom was launched.

The scope of the cooperation covers the Multi-sidechains alliance, consensus nodes, MOV and OKChain associated asset trade, and so forth.

Particular cooperation proposal consists of:

1. Multi-sidechains alliance, mutual recognition of facet chain tokens, mutual participation within the governance of one another’s federal nodes, collectively designing a unified cross-link entry plan, and opening up two facet chain ecosystems

2. Take part within the consensus nodes

3. Work collectively to enhance the decentralized Multisignature market making plan and add assist for OKChain

4. TSS (threshold signature) helps OKChain

5. Enhance the atomic trade of OKChain belongings and MOV belongings

6. Collectively set up the DeFi software credit score system based mostly on the Efficient buying and selling quantity(ETV).

For extra particulars:https://medium.com/@Bytom_Official/okchain-bytom-partnership-proposal-9a8a50ff622a


1. The superconducting trade framework’s API is accomplished;

2. Partial framework for superconducting trade updater is accomplished;

3. Performed check and improve of Lightning trade V3;

4. Modify and deploy the primary cross-side computerized signature machine code;

5. Blockcenter synchronizes bitcoin transaction knowledge to the database;

6. API for creating Bitcoin single signature pockets;

7. API for creating and including Bitcoin multi-signature wallets;

8. Unit check for producing Bitcoin single-signature tackle and multi-signature tackle;

9. Construct bitcoin transaction-related codes;

13. Design Switch period microservice;

14. Full the modification of OFMF’s V3 interface mode;

15. Full the transformation of OFMF cross-exit dealing with charge assortment and the transformation of API associated interfaces;

16. The market maker commissioned the deployment of quantitative Nagios;

17. Lightning trade improve v3, v3 joint debugging and deployment;

18. conduct Blockcenter Ok line unit check, write script and API of monitoring perform;


1. The MOV knowledge heart provides new transaction varieties, linked screening of trade belongings, optimizes the UI, and helps entry to knowledge cache;

2. The entrance finish of the MOV market maker knowledge show web page;

3. MOV cross-chain DApp helps cross-chain report question and cross-chain standing show (BTC);

4. Enhance the monitoring of the again finish of the MOV knowledge heart;

5. Add unit testing and integration testing associated to MOV knowledge heart;


  1. Byone v2-v3 interface improve, full the primary web page, asset web page, transaction particulars web page, ship odd transaction web page interface improve;
  2. Bycoin companion improve to v3 model;
  3. Bycoin companion plan replace;
  4. Bycoin V3 model growth is accomplished, interface adaptation is accomplished, BApp adaptation is accomplished, and testing is accomplished;
  5. The event of V1.4.9 necessities is accomplished;
  6. Switch period API and superconducting trade API;

MOV platform knowledge

As of now, MOV cross-chain belongings have reached a complete of 20,921,847 US {dollars}, together with a number of belongings corresponding to BTC / USDT / ETH / BTM.

Prior to now 7 days, the variety of transactions knowledge about buying and selling on MOV reached 275,356, the variety of energetic addresses reached 6,920, and the buying and selling quantity reached $ 2,242,261.80, a rise of 112.03%! of final week.

On April 26, Bytom launched its 2020 coin burn plan. In accordance with the plan, the Bytom Basis will use 20% of the MOV’s revenue to purchase again BTM and burn these cash, so that each one BTM holders share the MOV development dividend.

for extra particulars:https://www.bymov.io/data/

The Bytom Basis will purchase again and burn the BTM based mostly on the general public knowledge on the chain. The publicity time for this destruction is June 3, and the month-to-month publicity time thereafter can also be the third day of every month. The MOV protocol runs on the chain, all knowledge is open and clear and might be monitored by the whole neighborhood.

Particulars: https://www.bymov.io/data/

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