Bytus
Last Update
May 13, 2019
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1 BYTS=0.59 USD
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1 BYTS=0.53 USD
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1 BYTS=0.35 USD
5 % Ecosystem Creation
4.5 % CryptoBank, Validator, Registrar
10 % Team
3 % Advisors
1.7 % Bounty
Pre-Sale - up to 15% of the purchased number of tokens
Crowd Sale - up to 10% of the purchased number of tokens
About Bytus
Bytus has a mission to create a convenient, safe ecosystem so that the user can conveniently pay both through payment terminals and via the internet using a QR code with instant conversion of cryptocurrency into fiat. Bytus provides a platform where a token is needed for work. The utility token in this project is a key tool the system cannot exist without it. It is intended to indicate the size of the channel. The more tokens you have, the wider payment channel. The width of the channel allows transactions on the network within the allotted time interval. The new ecosystem promotes a policy of full openness, maximum cooperation, speed and the possibility of increasing the number of currencies, all in one application. Bytus will help current retail chains easily payment of crypto-currencies who can attract new customers want to pay and receive new markets.
Payment apps yet do not provide a stable solution to this global issue. Bytus app will change this scenario to the traders' and end-users' advantage. This app will instantly make payments with cryptocurrency or fiat currency as per your preference. The most beneficial thing about it is the exchange that it provides, it can convert your cryptocurrency to fiat and vice-versa. With only a number of coins, it can create a meta-analysis which helps in optimizing the user base and providing the best a user can expect. Securing it with blockchain provides Bytus app a fool proof shield which secures each and every transaction. We believe in nurturing the technology in accordance with global trends and updating them timely in order to meet the new challenges. The diversification of portfolio defines us as a unique service provider.
With an avant-garde technology and its spinoff like blockchain, we can achieve the unprecedented. Regardless of the volatility of market, the provisions of exchanges are never abided by the majority, which brings certain level of discomposure among newbies in business. Bytus works at an advanced level of algorithm, it is intricate and logical at the same time. It works in congruity with most of retailers and metrics set by them. The formula set by Macroeconomic theory of progression do take a diverse turn in this equation. Bytus goes miles ahead in equating the business terms and fledgling the fundamentals. We atop the coordinators and invigilators of a fragile economy. Supporting the base of consumers, we provide a stout membership support to our client base.
Features
The Bytus utility token is backed by Ethereum and is the medium of exchange in the Bytus ecosystem. It provides the much needed unit of account to the Bytus users that they will be able to use to buy goods and services through Bytus’s global network of retailer . The token will represent the user’s channel width i.e. the higher the number of tokens a user has the more transactions they will be able to make in a specified time. For instance, a user who has 10 tokens will be able to make up to 10 transactions in 24 hours . Once a transaction has been made with a token it cannot be used for 24 hours. The frozen token can be brought back to the main account then. The Bytus blockchain works on POS 2.0 and the token is charged at 3% per annum on the account balance in the wallet.
The Bytus Private Blockchain network will ensure all information is out there in the open to every user to ensure transparency and security of the highest order. Any transaction made by a user and their initiation to exchanging tokens are public information which allows for free transactions in the internal operations . The blockchain has a centralized method of confirming the transactions. A transaction can only be initiated by the owner of the private key assigned to each user making it impossible for anyone else to spend the asset tokens except for the owner.
The Bytus Private Blockchain is based on the Graphene chain protocol. Graphene is an open-source code that can significantly reduce bandwidth in the block propagation process. The graphene source code is available in numerous variations, as has been forked and adapted many times. Graphene is interesting, since it is modular in nature, so it is adaptable to different uses. Graphene technology has the capabilities for massive scalability, potentially supporting hundreds and thousands of transactions per second.
The private blockchain has attracted more than 1,000,000 retailers from around the globe which has opened up the possibilities for a Bytus-based economy. The retailers on the Bytus network accept payments through the Bytus wallet which makes it easier and safer for both parties involved in the exchange.
Bytus wallet is an all-in-one online multi cryptocurrency wallet that supports a wide variety of cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Fiat currencies.The wallet allows for quick and easy transactions with retailers and users that are part of the Bytus ecosystem. It allows instant exchange between various cryptocurrencies in your personal account.
The wallet offers usability as well as high level privacy and security. Bytus offers its users multi-cryptocurrency accounts, that they can access 24/7 from anywhere through their laptop, desktop or mobile devices alike.
The Bytus crypto bank is a virtual institution that will perform the banking function in the Bytus ecosystem. It is based on a mobile app that is equipped with all the features to provide users the ease that modern banking provides.
The crypto bank is highly secured and safety of funds is a guarantee, because of being backed by the blockchain technology that ensures no transaction record gets lost. User’s funds are also secured through SSL encryption and other technological means that guarantee much higher security than by other conventional banks.
The bank acts as an exchange for users where they can convert their cryptocurrency into fiat instantly without incurring any commissions or other costs. Moreover, you get a virtual credit card that you can use to pay for purchases online. This card is linked to the user’s crypto bank account. The users are also entitled to an overdraft facility that the bank issues by interacting with the Bytus mobile wallet.
Technical Info
The Bytus Blockchain Private Network is the foundation of our Global Bytus Ecosystem. It will allow users to make transactions within the system without having to pay any sort of commission or transaction charges. The information regarding all transactions will remain public in accordance with the Blockchain technology to make sure your tokens do not get stolen or misused.
It is based on the Graphene chain protocol. The Graphene architecture allows for much greater throughput which means, Global Digital Payment’s network will easily cater to the needs of users in micro payments without having to incur any transaction costs.
Bytus Roadmap
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May 23 2018
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Idea Generate
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June 2018
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Team Build
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Aug 2018
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Development of the architecture and the creation of whitepaper
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November 2018
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Preparing for private sale
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December 2018
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Development of the private blockchain network.
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March 2019
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Development of mobile wallet applications.
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April 2019
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Testing private blockchain network.
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May 2019
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Development of CryptoBank and Pre-Sale
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July 2019
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The launch of the alpha version of the private blockchain network;
Launching alpha versions of mobile applications. -
September 2019
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Crowd Sale
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October 2019
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Launching the beta version of the network.
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November 2019
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Post Sale, selling tokens via CryptoBank;
The launch of the alpha version of CryptoBank;
Launching beta version of mobile applications. -
January 2020
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The release of the beta version of CryptoBank.
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February
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Improving the work of network shutdowns for community needs.
Participation in events
- TechCrunch Sessions: Blockchain 2018
- Grabenstrasse 6, 6300 Zug, Switzerland
Bytus Team
Verified 100%
Bytus Interviews
-Superior development skills include OOD, Agile Development, Solutions Architecture, Project Management, and Technical Documentation. -Programming languages include C/C++/C#, ASP.NET, HTML5, VBScript, Java, JavaScript, T-SQL, JQuery, XML, PHP, Objective C and MySQL. -Exceptional ability to work in the following environments: Java Enterprise Edition, UNIX, Linux, and Windows. -Strong decision maker, critical thinker, and creative designer with the ability to think around problems of unusual yet highly effective solutions. -Excels in systems evaluation to identify system performance indicators and the best course of action to take to improve or correct performance based upon specific system goals.
The platform will assist retail businesses in introducing cryptocurrencies as an accepted payment method. This will enable the businesses to attract more customers who prefer using cryptocurrencies as a payment method as well as help customers explore new markets.
Bytus Tokens will be the platform’s main and only utility token. Depending on their needs, the user can freeze the tokens for incoming and outgoing transactions. After the transaction, the tokens become inactive for 24 hours during which they can be returned to the main account
Five years in the field brokering a total of $200 million for clients
Holder of series 10 and 76 brokerage certificates
Exceptional grasp of market trends and strategies
Exemplary customer service provider promoting company success and relationships
Understanding of securities investments financial products governing body regulations tax laws and more
Background in recording and maintaining confidential records
The platform will assist retail businesses in introducing cryptocurrencies as an accepted payment method. This will enable the businesses to attract more customers who prefer using cryptocurrencies as a payment method as well as help customers explore new markets.
Bytus Tokens will be the platform’s main and only utility token. Depending on their needs, the user can freeze the tokens for incoming and outgoing transactions. After the transaction, the tokens become inactive for 24 hours during which they can be returned to the main account
The platform will assist retail businesses in introducing cryptocurrencies as an accepted payment method. This will enable the businesses to attract more customers who prefer using cryptocurrencies as a payment method as well as help customers explore new markets.
Bytus Tokens will be the platform’s main and only utility token. Depending on their needs, the user can freeze the tokens for incoming and outgoing transactions. After the transaction, the tokens become inactive for 24 hours during which they can be returned to the main account.
The platform will assist retail businesses in introducing cryptocurrencies as an accepted payment method. This will enable businesses to attract more customers who prefer using cryptocurrencies as a payment method as well as help customers explore new markets.
Bytus Tokens will be the platform’s main and only utility token. Depending on their needs, the user can freeze the tokens for incoming and outgoing transactions. After the transaction, the tokens become inactive for 24 hours during which they can be returned to the main account
The platform will assist retail businesses in introducing cryptocurrencies as an accepted payment method. This will enable the businesses to attract more customers who prefer using cryptocurrencies as a payment method as well as help customers explore new markets.
Bytus Tokens will be the platform’s main and only utility token. Depending on their needs, the user can freeze the tokens for incoming and outgoing transactions. After the transaction, the tokens become inactive for 24 hours during which they can be returned to the main account
The platform will assist retail businesses in introducing cryptocurrencies as an accepted payment method. This will enable the businesses to attract more customers who prefer using cryptocurrencies as a payment method as well as help customers explore new markets.
Bytus Tokens will be the platform’s main and only utility token. Depending on their needs, the user can freeze the tokens for incoming and outgoing transactions. After the transaction, the tokens become inactive for 24 hours during which they can be returned to the main account.
Managing 50+ engineers over the years and Program budgets exceeding 15M€, I have successfully lead and delivered :
- Defense & Space projects for worldwide governments
- Blockchain related projects, some of them being in partnership with Asian governments
Always motivated and craving for new experiences and knowledge, I strongly believe that new technologies like blockchain can and will contribute to everyone’s wellbeing and enhance our quality of life.
The platform will assist retail businesses in introducing cryptocurrencies as an accepted payment method. This will enable the businesses to attract more customers who prefer using cryptocurrencies as a payment method as well as help customers explore new markets.
Bytus Tokens will be the platform’s main and only utility token. Depending on their needs, the user can freeze the tokens for incoming and outgoing transactions. After the transaction, the tokens become inactive for 24 hours during which they can be returned to the main account
I can create smart contracts on stellar Blockchain and also help many projects like Bitcoin X in advising which is also listed on coinmarketcap and it has more than 78k community on telegram.
And am into crypto currency from last 5 years. I worked with more than 20+ projects including Bitacium, cewnote etc.
And Currently working with more than 27+ ICOs to get those ICOs to their desired position in the market.
The platform will assist retail businesses in introducing cryptocurrencies as an accepted payment method. This will enable the businesses to attract more customers who prefer using cryptocurrencies as a payment method as well as help customers explore new markets.
Bytus Tokens will be the platform’s main and only utility token. Depending on their needs, the user can freeze the tokens for incoming and outgoing transactions. After the transaction, the tokens become inactive for 24 hours during which they can be returned to the main account
with this methodology it will have something different for the community which is need of such revolutions
Experienced Full Stack Developer with 12 years in the industry and high-level proficiency in the following programs: Java, Javascript, SQL, Python, C#, and Python, expertise with HTML and CSS seeks to establish a career as the Full Stack Developer for Renaissance Tech Developers. I am very familiar and experienced with Web Application Architecture and have worked with a good number of successful development teams.
I am very familiar and experienced with Web Application Architecture and have worked with a good number of successful development teams.
Hands-on experience of PHP 7, including testing (phpunit), profiling, debugging (Xdebug)
Extensive knowledge of one of modern PHP frameworks (Symfony)
Ability to write clean code and handling difficult and complicated tasks and issues
Solid experience in dealing with SQL databases (eg MySQL) and ORM solutions (preferably Doctrine 2)
Practical knowledge of Linux based systems and LAMP/LEMP stack setup
Good knowledge of source control systems (Git)
Good knowledge of HTML5, CSS3 and JavaScript
Able to change calculations in a cryptocurrency to a fast and secure way
the team will do everything to achieve this goal
Bytus Last News
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