CRYPTO NEWS & DATA SPACE

CRYPTO NEWS & DATA SPACE

Bytom partners with SINSO

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Bytom partners with SINSO, a Filecoin Layer2 infrastructure based on the Web 3.0 Ecosystem. SINSO is the Web3.0 infrastructure that focuses on decentralized high-speed cache and FVM-based data governance.

SINSO team is composed of top technical members from all over the world. Drawing support from the up-to-date achievements of the Filecoin network, SINSO will expand the middle layer of Web3.0.

How does SINSO work?

Furthermore, SINSO will solve the application iteration problems caused by Filecoin’s lack of a complete ecological infrastructure system. Without further ado, let’s get to the highlights of the week.

SINSO Getway can help individuals and organizations with storage needs store data to Filecoin in a faster and more efficient way. Currently, Oort Digital, with the help of SINSO Getway, is moving beyond static storage and will be able to store its dynamic metadata on Filecoin.

Without affecting the user’s gaming experience, greatly increasing the intrinsic value of Oort Digital NFTs.

Recently, SINSO has been partners with Bytom, a unified platform for putting assets on the blockchain.

Moreover, Bytom Foundation was registered in Singapore, approved by The Accounting and Corporate Regulatory Authority (ACRA), and registered as a non-profit foundation under the category of Public company limited by guarantee. As the main governance body of Bytom, Bytom Foundation regulates and manages Bytom’s technology development and application development.

What is Bytom 2.0

While the decentralization of PoW creates huge value, it also brings extremely high costs. The solution of Bytom 1.0 is that the main chain adopts PoW, which is responsible for asset issuance, and the side chain adopts PoS, which is responsible for transaction efficiency.

Furthermore, the economic security and economic efficiency of the PoS architecture also bring great convenience to the development of upper-level ecology such as DeFi, and it is more conducive to MOV to explore its most potential. In addition, the integration of technical architecture will inevitably bring great flexibility to the introduction of a more versatile smart contract system and developer ecology, which is the only way to shape an open ecology.

Bytom and SINSO Partnership Highlight

Additionally, SinSo Network will soon support the data storage of Maze NFT. And they will explore more cooperation possibilities in the future.

Moreover, Maze is a trading platform that integrates NFT minting, trading, as well as gifting. It is the first platform in the world to adopt a radical trading model. The NFT on the platform is in the auction state for 24 hours.

Furthermore, SINSO commits to building the Web3.0 ecosystem for DAPPs. Focused on high-speed Decentralized Cache and Data-governance.

Moreover, with an architecture designed to seamlessly migrate data to Web3.0, SINSO has provided a solution to the efficiency issues on the Filecoin network, and a variety of components for developers to assist in DAPPs iteration and migration into Filecoin Network.

ABOUT Bytom
Bytom is a blockchain protocol for financial and digital asset applications. Additionally, by using the Bytom protocol, individuals and enterprises alike can register and exchange not just digital assets (i.e. Bitcoin) but traditional assets as well (i.e. securities, bonds, or even intelligence data).

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ABOUT SINSO
SINSO is essentially working the infrastructure of the middle layer of Filecoin, which is layer2 of Filecoin.

Website | Twitter

RESOURCES
Bytom Network

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