Published on : 2017-05-12 00:38:25

Bytom will support the Public Key Cryptographic Algorithm SM2 Based on Elliptic Curves 2 and SM3 Cryptographic Hash Algorithm 3 that are compliant with Chinese National standard. BIP44 provides a five-layer path recommendation: (1) to determine the path rules; (2) types of currency; (3) account; (4) change; (5) index of address index. Separate transaction signatures from the rest of the data in a transaction In Bytom’s design, there is a DLT protocol that allows interaction between a variety of assets.

But the design of SM3 algorithm is more complicated. The naming of assets will follow ODIN (Open Data Index Name) standards to ensure the uniqueness of assets across the entire network and blockchain. In terms of similar computational complexity, SM2 is much faster than RSA and DSA in processing private keys, thus a higher efficiency in encryption.

Bytom consists of three layers: data transaction and transmission layer, contract layer and asset interaction layer. Any change in display ranking will be clearly marked as “featured” or “sponsored. .SALT.


Byteball Bytes to GEN

Bytom is an interactive protocol of multiple byte assets. Heterogeneous byte-assets (indigenous digital currency, digital assets) that operate in different forms on the Bytom Blockchain and atomic assets (warrants, securities, dividends, bonds, intelligence information, forecasting information and other information that exist in the physical …
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