On August 11th, the launching ceremony of Bytom Global Developer Contest officially kicked off in Hangzhou. The contest is committed to promoting the application of blockchain technology in the industry, strengthening global technical peer exchanges, and screening for the sustainable open source ecosystem of Bytom. Technical seed talents.
In order to better encourage technology developers to join this technology event, Bytom will give out 2 million BTM bonuses worldwide to incentivize outstanding technical teams that stand out in the competition.
Duan Xinxing, the founder and CEO of Bytom, said in a speech that Bytom focuses on the development of underlying technologies and is committed to providing support for underlying applications in the industry. "Although there is a slight coolness in the industry at present, it will always be spring for those who take root in the industry and do things sincerely." He said.
"In the future, the large-scale popularization of digital assets is a trend."
In Duan Xinxing's view, digital assets are a promising future. Because from a historical perspective, gold and silver became the universal currency during the Ming and Qing Dynasties, and banknotes became the mainstream after the 20th century. Nowadays, in the eyes of post-90s, post-00s and post-10s, those who do not use digital payment methods such as WeChat and Alipay may already be "old antiques".
"Digital currency and digital assets will become a natural means of payment and storage of value." Duan Xinxing said.
Not only that, as the smart economy, Internet of Things, and AI industries are more and more prosperous, diversified digital assets will have larger application scenarios. "Intelligent cars go to gas stations with robots to refuel, you can't let them complete the settlement in the traditional way." Duan Xinxing gave an example.
Than the original chain: pay more attention to the underlying technologyLangyu is the CTO of Bytom. According to him, Bytom 0.1.0 was released in September 2017. In April 2018, Bytom 1.0.0 was launched on the mainnet based on the Tensority consensus. As a result, Bytom has become a free and open system. On July 26, Bytom's smart contract was officially launched. Developers can develop millions of Dapps based on Bytom. Among them, killer apps may be born.
"We hope to do a good job in the underlying public chain and prepare for the advent of the times." Duan Xinxing said that Bytom wants to build an Internet of smart assets. Bytom focuses on the development and application of underlying technologies, and pays attention to the underlying code, Protocols and underlying operations enable assets to be chained, but Bytom does not directly participate in the business of asset chaining.
"Assets on the chain and more applications involving finance are things that companies have to do, not us." Duan Xinxing emphasized.
Talking about Bytom’s current plan, Lang Yu said that from October to December 2018, and possibly even from September, Bytom will start to provide multi-language support for BVM virtual machines and develop commercial applications that support B-end users. Dapp. From September to December, Bytom will also release a multi-asset side chain system based on the POW consensus mechanism. "It can fully carry enterprise-level users to complete enterprise digital financial management systems, on-chain transaction systems and other applications on Bytom." Lang Yu said.
How to get 2 million BTM?Duan Xinxing revealed that the Bytom community has gathered many developers from Tencent, Baidu, Alibaba, Douyin, Kuaishou and other platforms. In order to promote the participation and integration of Bytom developers into the Bytom community, the Bytom Global Developer Contest came into being. Raw. In the end, Bytom will give out 2 million BTM to reward outstanding teams.
At present, the official registration channel has been opened. August 11 to October 1 is the preliminary round. After that, the official submission channel will be closed and the final list will be announced. From October 18th to October 21st, the competition enters the closed final stage, and the final winning team will be decided on the 21st.
What can developers do in Bytom? In fact, Bytom Chain provides three directions. The first is a token economy. Developers can establish token logic, issue tokens on Bytom Chain, and then build token applications. Today, Joorschain, a Swiss listed company and a Hong Kong TV station, have begun to try to put assets on the chain for generalized development.
The second is peripheral tools. For example, the Bytom team has developed the Btmscan blockchain browser, which can view information such as Bytom's computing power and transactions. In addition, Yuchi also developed AI Miner, which is a one-click mining optimization tool that facilitates mining with more large-scale mining machines, which will bring a large-scale increase in the computing power of the original chain.
The third is DAPP. In Bytom, developers can make equity, bonds, financing and other asset applications.
Currently, the digital currency market is sluggish, and blockchain-based entrepreneurship is also facing challenges. However, Duan Xinxing is very optimistic. He said: “Now is the worst and best time. Time will prove everything. Excellent projects with strong strength and complete ecological chain will stand out."
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