Imagine this: An ecosystem where all the cryptocurrencies can interact with each other, where it is not complicated as nowadays to buy certain cryptocurrencies, and take less than a few days if it is the first purchase, where the fees are much cheaper, without the fear of that your data and currencies can be hacked, and with a myriad of decentralized applications and the possibility of trading with thousands and thousands of people. Here is BUMO!
What is BUMO and what does it offer us?
Bumo is an improved blockchain network with the objective of accelerating the flow of cryptocurrencies and other digital assets, which can be tokenized with its own token, called BU token.
This platform is also an ecosystem of decentralized applications, with multiple tools such as its own wallet, intelligent contracts, simple use templates for those who want to make their own applications and upload it to the blockchain that is also public, as well as the advantage of being able to interact with toras people which is useful for many ventures or, rather, all of them, a great advantage to the solo operations that nowadays are taking place in the world of virtual currencies.
The BUMO network:
The BUMO network works with the internet of things through all kinds of intelligent devices that function as the network nodes.
The two basic components of the network are:
Common or standard node: Any intelligent device that has an internet connection, in this can almost even be smart refrigerators, washing machines, cars and any device with a processor and connected to the internet.
Candidate node: These nodes are common users, but they are postulated to be validation nodes.
Validation node: These are the users who ran as candidates and were chosen at random (so that there is equity and avoid corruption), and they are in charge of administering the BUMO network, in exchange for compensation in their BU Token.
Watch this video if you want to know more:
More Information & Resources:
- BUMO Website
- BUMO WhitePaper
- BUMO TechnicalPaper
- BUMO Telegram
- BUMO Weibo
- BUMO Reddit
- BUMO Facebook
- BUMO Twitter
- BUMO Github
- BUMO Wallet
To participate in the contest go to this link
bumo2018
This post has been submitted for the @OriginalWorks Sponsored Writing Contest!
There is also a bonus CateredContent Event to earn additional Steem!
You can also follow @contestbot to be notified of future contests!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit