What does BytomDAO do?
Bytom (CRYPTO:BTM) is a public blockchain platform that enables the digitization, asset registration, circulation, and exchange of heterogeneous assets. It was founded in 2017 by a team of experienced developers and security experts.
Bytom's blockchain is powered by a unique consensus algorithm called Proof-of-Value (PoV). PoV is a more energy-efficient and secure consensus algorithm than Proof-of-Work (PoW). It also allows for more decentralized participation in the network.
Bytom's mainnet launched in 2019, and it has since processed over 10 million transactions. Bytom is also used by a number of decentralized applications (DApps), including Bytom Asset Exchange (BAE), a decentralized exchange for digital assets.
Bytom's mission is to "make assets more accessible and efficient." The platform is committed to creating a more open and inclusive financial system.