Project Name : Bumo (website BUMO.IO)
💪Upcoming Airdrop at Telegram Group : https://t.me/bumoen
👉Now a days Available Blockchains are slow and not able to provide feasible solution to available real world problems like Financial Tasks (In India if We starts using Blockchain era , then access of data can make it rekt easily within one city only) , everyone claiming to resolve Healthcare problems , Social Welfare Problems , Financial Problems but no one till now able to actually provide the solution to it.
👉👉Bumo a new company claiming that they have developed an innovative blockchain solution that leverages multi-chain technology, hybrid consensus algorithms, cross-chain protocols, and smart contracts. They are Ubiquitous Trust Network for Next-generation Value Transfer.
Few Points to consider :
👉👉 Bumo also bringing there mainnet (Phase 1) before 31th May , They are claiming to be listed on Top 10 exchanges soon 👈👈
*Completely open and autonomous, any device can join BUMO network as a node.
*BCP(BUMO Consensus Protocol) consensus algorithm applied. Higher transaction rate, better scalable system and safer attack-proof security provided.
*In future , BUMO supports various mainstream smart devices, including those low performance ones, which help extend its reaches to those popular, frequently-used devices like routers, mobile phones, etc.
Few Features :
It consist of BU Firework, BU Canal,BU Orbits,BU CodeMach.
👉👉BU Firework is a DPoS+BFT model.
*BU Orbits — Diversified Subchains are included, It is easy to create a Subchain , easy to store ledgers , easy to value transfer freely among all the Blockchains
*BU Canal — It can bridge the separated MainChains , Both of homogeneous and heterogeneous
*BU CodeMach — It supports Popular programing language with JavaScript, C/C++ and Python, Chrome V8 engine, WebAssembly technology etc.
*Various Dapps features like : You can read more about it on their website — BATP (BUMO Asset Tokenization Protocol) brings better compatibility to tokens, which means that the assets work well with various types of Dapps and any token on BUMO can be reused by other Dapps, providing a shift from assets to wallets.
👀👀Full Details of all Framework and Features are mentioned here : http://www.bumo.io/en/Technical-highlights.html
Team : Only info about Co-Founder Available :
Co-founder of BUMO, Steven Lee, gained his stripes as one of China’s early internet entrepreneurs and as an early practitioner of the blockchain. His experience includes working for Tencent, PPTV, serving as the COO of Jiayuan.com, and as the founder of Betterwood. Steven Lee led talks with developer communities in Berkeley, California and in Atlanta, Georgia. The city of Atlanta, Georgia was recently the victim of a massive ransomware attack that paralyzed its computer-related infrastructure for days. How blockchain technology can mitigate these risks in the future remains to be seen, but it’s fair to say that both community leaders and businesses are seeking new ways to strengthen their networks from rogue elements on the world wide web.
Few Events :
👉👉21st May : Jack Ma came to their sharing in Hangzhou.
19 April : Mr. Jing Wang, the technical consultant of BUMO Foundation and BUBI
CTO, attended 01CAIJING’ s “New Retail,New Finance” 2018 Spring Summit.
🤝27 April : BUMO Foundation signed an investment cooperation agreement with
LD CAPITAL, involving tens of millions of money.
🤝April 2018 BUMO Foundation signed an investment cooperation agreement with
CHENJIU FINANCIAL.
🤝*29 April 2018 BUMO Foundation signed an investment cooperation agreement with
BLOCK VC.
10 May On 10 May, CYZONE’ s “2018 Demo China Spring Summit” was held in Beijing National Convention Center. Mr. Fan Yang, the co — founder of BUBI and general manager of BUMENG, was invited to give a speech. Together with capital tycoons, industry experts and over 4,000 start-up entrepreneurs, they discussed the future digital economy under the trend of blockchain. It is said that BUBI is an important member of the BUMO community.
👉11 May BUMO and MIT CEO CLUB achieved strategic cooperation, both parties will depend on MIT and the surrounding research resources to build a blockchain developer community.
12 May 2018 The official website of BUMO Foundation was released (www.bumo.io).
👏13 May 2018 BUMO Foundation held a press conference at Stanford University.
Industry experts and scholars all participated and the scene became heated up.
Development Progress :
*1 January The logic of transaction execution was optimised, and the status was changed from copying to incremental calculation, to improve the execution efficiency. The valid block height for the transaction execution was set.
*7 January based on the original BFT algorithm, the consensus was improved, and the storage format for KeyStore files of private key was added.
*15 January The underlying technological support for the MacOS operating system was completed.
*2 February The transaction rate design was completed.
*25 February The enhancement of the smart contract security was completed, including removing the random factors in the JSlanguage, monitoring the memory and time occupied when running the contract, and adding grammar checking tools. The documentation of development, operation
and maintenance was improved.
*1 March The consensus algorithm was optimised.
*15 March The code was submitted to a professional security consensus for
scanning, which put the key code under a formalised verification.
*2 April The functions at the first phase were completed, and tested internally.
*4 May Testing network was officially launched.
⭐️You can download PC clients from Here : http://www.bumo.io/en/wallet.html
So in all
⚡️⚡️BUMO aims to build a fully open,autonomous, and next — generation basicpublic blockchain and a new ubiquitoustrustable network for value transactions.BUMO hopes to establish new blockchain network ecosystem which allows the general digital trust, the free flow of assets,
and the common use by the public. Any device can join the network as a node for network maintenance, application development and value circulation together. The ubiquitous |arge — scale network will be formed, which will closely link the real world to the blockchain digital world and make the value flow freely like information does. The implementation of blockchain applications in the areas like ree — flowing digital assets, internet of things and sharing of economy, will come true.⚡️⚡️
Developers Area : https://www.bumo.io/en/dev.html
Is that the last update? I can't see any updates now or what is happening with your development, that's why your project has a only a few users because you are not transparent to your community.
You want update? Try this one https://www.kucoin.com/#/rank/BU , they recently listed on a better exchange.
i'm having trust issues right now if i'm going to invest or not my confidence as a trade and as an investor has been banished along time ago due to fail venture that almost cut my investment down to 0, i'm just hoping that this time it will be like it.
Sure you will! Don't let these fudsters throw you away in crypto. Bumo actually always has an update at least once a week so definitely check them out!