Bytom Weekly Report (2021. 3.15–2021.3.19)

BytomDAO
BytomDAO
Published in
4 min readMar 20, 2021

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Project Development

Bytom 2.0 WhitePaper is coming soon

In the white paper, Bytom’s five new strategies in the future are respectively revealed, including “New Vision”, “New Economy”, “New Consensus”, “New Platform” and “New MOV”; The of architecture concept Bytom 2.0 is proposed, which combines the architecture of “one side chain and one main chain” into a unified platform, and integrates multi asset DeFi protocol on the unified platform to optimize asset flow efficiency and connect bit world and atomic world, better serve the grand vision of putting assets on the chain.

leaders of Bytom will be invited to participate in AMA on ChainNode to interpret Bytom 2.0

At the invitation of ChainNode, ChangJia, founder of Bytom, LanYu, CEO of Bytom, and James, CTO of Bytom, will participate in AMA at 3 pm on March 22 (the next Monday) to talk about Bytom. What kind of new economic model will be brought by Bytom 2.0? What new benefits can holders enjoy? What is the impact on MOV ecology?

Bytom CTO was invited to participate in ECUG Con 2021, a Global Technology Conference

James, CTO of Bytom, was invited to participate in ECUG Con 2021 to share the relevant topics of Characteristics and Application Scenarios of Blockchain System with the participating developers and describe the development details of blockchain section to developers in other fields.

About ECUG Con

ECUG Con is a technology event sponsored by ECUG community. It was launched in 2007 and has been successfully held for 13 times. During this period, the authoritative technology talents from Google, Microsoft, BAT, Huawei, JD, Ctrip and other well-known enterprises, as well as many Internet technology companies such as qiniuyun, PingCAP, ELeMe, participated in one after another, affecting tens of thousands of technology practitioners.

Bytom Obtains the Blockchain Security Capability Test Certification of CAICT

Bytom blockchain passed the first round of Blockchain Security Capability Test Certification of CAICT (China Academy of Information and Communications Technology), and obtained the test report. This is another national standard certification obtained after passing the Blockchain Function Test of China Electronics Standardization Institute in 2020, which further reflects the effectiveness in safety of Bytom blockchain.

Dev Report

MagnEx protocol

1. Fix price jitter of MagnEx;

2. launch MagnEx real-time transaction;

3. Modify SDK’s bug of MagnEx order processing chain transaction.

SuperTx protocol

1. SuperTx arbitrary token joint debugging test;

2. Test the refund script of any coin listing;

3. SuperTx UI revision, MOV-Web layout revision.

OFMF

1. Complete the modification and test of OFMF automatic signature compatible with erc20 assets;

2. Modify the OFMF api.

BlockCenter

1. The common code of BlockCenter is extracted into a new repo.

Mobile terminal

1. Complete the function of SuperTx open trading pair;

2. Test and fix known bugs in v2.3.3;

3. In the branch of flutter, the functions related to invitation code are reconstructed and integrated into the main project.

Security

1. Implementation of subkey derivation for docking encryption machine

Technical study

1. Research the application of aggregate signature in BTF and write relevant technical documents;

2. The research uses UTXO to save state and txvm to generate txlog to save state;

3. Confirm to attach data in UTXO structure to save state.

MOV platform data

In the past seven days, the number of transactions on MOV reached 744,892, the number of active addresses reached 5,703, and the transaction volume reached $22,480,770.86.

Activity

1, Join Bycoin partnership share permanent dividends

MOV, as the next generation decentralized cross-chain exchange protocol, after the continuous launch of the “cross-chain gift package” and “the first MOV on-chain trading competition” activities, the cross-in assets were nearly 5.71 million dollars, and the on-chain trading volume also increased linearly. In order to promote the further development of MOV’s ecology and share the revenue with community fans, Bytom officially launched the “Bycoin Partnership, Make the Future” Community Partner Program on May 11, 2020.

To thank the community users for their continuous support, the Bycoin team extends the partner program from a limited time to permanent. From August 11, 2020, all partners will receive a permanent dividend equal to 10% of the trading fee, of which the first-level 8% of the fee and the second-level 2% of the trading fee. There is no deadline and no upper limit for dividends.

2, SuperTx governance proposal status update

SuperTx governance has been opened. There are currently 20 proposals in the community, including Litecoin trading pair released, Shortened review voting time, Proposal to open SuperTx listing rights, Reduction of SuperTx transaction fees for SUP holders, Listing Polkadot in MOV, and listing ZEC and ZEN, Let SUP Popularized to capture value, these proposals have been voted by the community;

Click to view the details of superconducting community governance: https://supertx.bymov.io/gov/

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