Basic information of Bytom (BTM) mainnet

Basic information of Bytom (BTM) mainnet

Bytom, which first issued the ETH ERC20 token, officially launched its own independent blockchain mainnet on the 24th. Bytom can mine and is ASIC-friendly. At 11 a.m. on the 25th, 2,500 Bytom mining machines - Antminer B3 went on sale and have been sold out.

Let’s take a look at the basic information of Bytom:

Total amount: 2.1 billion 33% used for mining 2.1 billion * 0.33 = 693 million

Consensus Mechanism: POW

Consensus Algorithm: Tensority

Block interval: 2.5 minutes on average

Block reward halving cycle: 840,000 blocks, about 4 years

Difficulty adjustment: 2016 block approximately 3.5 days

Initial block reward: 412.5 BTM

Total halving times: 36 times

Block size: 2~3M


Whitepaper: https://bytom.io/wp-content/themes/freddo/book/BytomWhitePaperV1.0.pdf

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