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Category Archives: Technology

MOV JieDai Protocol Explained

Jun 10, 2021

bytomchain

What is MOV JieDai protocol? The MOV JieDai protocol is a crypto asset rate protocol based on the Bytom mainchain and Bytom layer2 sidechain Vapor. Simply speaking, MOV actually realizes the lending service like a bank through rate algorithm model based on smart contract. User...

Bytom 2.0 Solonet Released

May 25, 2021

bytomchain

On May 25, Bytom 2.0 released solonet, which will start Bytom blockchain’s transition from PoW-based to POS-based, and the block confirmation time will be offset to 6s. This new version can stably blocking under solonet. It supports the main functions of Bytom 1.0, such as wallet creati...

The Rising Popularity of NFTs in China Reveals A Huge Paradox

Apr 8, 2021

The crypto industry has recently entered into what can only be described as a frenzy, going crazy for a type of digital asset that provides proof of digital ownership—non-fungible tokens (NFTs). And while NFTs certainly aren’t a new type of cryptocurrencies, they’ve seen a renaissance in ...

Chinese Auction House Yongle to Enter the NFT Market

Apr 6, 2021

The rise in popularity non-fungible tokens (NFTs) have seen in the past few months has been unprecedented in the crypto industry. Believed by many to be the future of collectibles and digital identity, the novel token format has taken up the industry by storm, setting records on every corner. ...

View MOV SuperTx From Perspective of Harvest+Curve

Oct 26, 2020

Vincent He

After news broke of this incident, rates of corresponding stablecoins fluctuated as Curve.fi’s rate balance was broken by a flash loan attack. As you would expect, some aggregators, especially stablecoin yield farms, are linked to curve.  Therefore, these events may result in an instant rat...