Bytom Weekly News (June 5th Week)

Bytom Weekly News(June 29th，2018） Dear Bytom supporters, here’s the fresh Bytom weekly report, this week (June 25th-June 29th) we had many progresses on Project Development and Community Building. Project Development Today，Bytom ecology conference “The Taste of Blockchain”was held in Wuzhen Internet International convention and exhibition center which attendees are more than 200. In the first part, we invited the founders of community and source contributors of Bytom to share their understanding and recognition of Bytom. The second part, the founder of 8BTC，Changjia and Bytom founder Duan xinxing interact with community as Q&A, shared Bytom technology innovation and the future development planning to provide a unique answer to the key issues of the public chain project’s technology, application, and futuredevelopment.In addition to asset blockchainization, the ecological construction of Bytom in the future will also include the construction of computing ecology and algorithm ecology, which also indicates that the global strategic process of Bytom will be accelerated. In addition, we invited Dr. Jeffrey Wernick( Uber & Airbnb investor,,Ph.D of the University of Chicago), Dr.Zhong Yin( the China University of Science and Technology, CTO of Chinese technical intelligentchain),Du Xiaojun, director of the Donghu Big Data Exchange, Jiang Yijie from the 360 Information Security Department of blockchain, CTO of BytomLangyu and Bytom architect James conducted a pannel forum session. According to the current development stage of blockchain technology, each of them gave a unique interpretation and analyzed the morphological characteristics of the blockchain at different stages of development and its significance for the future. Several guests gave positive affirmation over the development prospects of Bytom technology innovation and ecological construction. In addition to the recent blockchain security issues that everyone is more concerned about, Jiang Yujie from the 360 Information Security Department proposed that with the advent of the current regular army and the constant standardization of the industry and the construction of a security team, the handling of public-chain security issues will become more and more mature. June 27th，Bytom founder Duan xinxing was honored to be invited to” Satoshi Team Meetup-The First Blockchain Technology and Industry Application Seminar”.At the pannel session hosted by the founder Lu Bin of bihu, Duan ,Satoshi core team member Martti Malmi,Xu Yiji( the founder of Nebulas ), Tan Lin,(the founder of Ulord) and Wang Jing(CTO of Bubi) discussed blockchain environment to analyze the future technology trends and trends of the blockchain. Duan said: hope that there will be new vitality and new increments in the entire blockchain field whether it is in technology or finance, or the whole ecological token system. Community building Bytom Telegram Airdrop Technical community Bytom team is investigating the sidechain technology, making docking attempts and opening up some sidechain processes. what is sidechain？ Sidechains are not essentially single blockchain, but all blockchain that conform to the sidechain protocol. The sidechain protocol is a protocol that enables the safe transfer of currency from the main chain to other blockchain and the safe return of currency from other blockchain to the main chain. It allows you to move your coin from a blockchain to another blockchain, then use them in another blockchain, at the same time it will move them back, this process does not require the existence of a third party.