What is Bismuth?
Bismuth (BIS) is a unique blockchain platform that functions as both a protocol and a platform. The platform boasts a distinctive approach to scaling its database, limits contract execution, and introduces private contracts to users. Bismuth provides users with several open-source projects to choose from and plugins that can extend its scaling capabilities limitlessly through selective node behavior and customized layers.
The Bismuth platform is designed to make the core node more efficient, streamlined, and well-documented, enabling future extensions and applications to use the plugin system and separate repositories. The platform provides several features, including Hyperblock technology, which compresses transactions regularly, resulting in a blockchain that contains only the number of accounts. This approach reduces the size of the blockchain and saves up to 96% of RAM. Additionally, the OpenField blockchain allows users to save data, including private and public messages and communication with decentralized application interpreters.
HyperNode is another feature of the Bismuth platform that enables the use of a secondary proof-of-stake blockchain to collect metrics independently and reward nodes that provide reliable services. This feature also enables the implementation of any content, including on-chain forking, without disturbing the underlying system. The platform also integrates Tor's onion network, which fully supports completely concealed transaction routing with this platform, allowing anonymous browsing on the Internet.
Bismuth has its cryptocurrency, the BIS token, which is a partially ERC-20 compliant token that supports all operational activity on the platform and is used to reward node operators of the network.
Bismuth was founded in 2015 by Jan Kucera, with a focus on simplicity, efficiency, and innovation in the cryptocurrency space. The core team comprises Sylvian and Geir Hovland, who focus on research and development. The BIS token has a total supply of 63.9 million BIS tokens.
In summary, Bismuth is an innovative blockchain platform that offers a unique approach to database scaling and private contracts. The platform is designed to be efficient and user-friendly, with features like Hyperblock technology and the OpenField blockchain. Additionally, the platform's integration with Tor's onion network ensures anonymous browsing, and its native cryptocurrency, the BIS token, is used to reward node operators.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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