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<img src="https://cdn.steemitimages.com/DQmdSEKkkq9VwXM3fFYRP6yNyJwH5aApSaHYGvMaLpBBWBv/portada21.jpeg">
<a href="https://twitter.com/BUMOproject"><sup><i>Source</i></sup></a>
</div>
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<p>
<b>The Internet changed the way of exchanging information.</b> Anyone can change their information with another person regardless of the time and place where it is. However, in order to carry out this transmission of information, the presence of a third party (central authority) is required, causing inconvenience when the transmission of information is valuable (money, passwords, confidential information, etc.).
</p>
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<img src="https://cdn.steemitimages.com/DQmeszFYXdfuNGcnrEtychHfhnR9fQSoRBHigURch52YoVe/ezgif.com-gif-maker.gif">
<div class="text-center">
<a href="https://dribbble.com/shots/1796505-Bored"><sup><i>Source</i></sup></a>
</div></div>
<p>
<b>Blockchain technology is currently evolving the technology of IoT</b> (Internet of Things are objects that have the ability to be identified and to transfer data through a network), establishing a new platform where information can be exchanged in a decentralized manner and trustworthy. <b>Where a new way of transmission and delivery of whole human society value is being implemented.</b>
The Blockchain technology focuses on solving the problems of <b>Distributed dynamic networking</b> (keeps connected to the nodes with P2P technology), <b>time-ordered and tamper-proof cryptographics books </b>(prevents manipulations and compares efficiently the books), <b> consensus mechanism under uniform rules </b>(solve traditional distributed consistency and unify the entire Network node book.) and <b>inherent incentive mechanism </b>(benefits for the nodes to integrate into the network).
However, this technology in full growth still has many things to improve. Some of the current problems are:
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<img src="https://cdn.steemitimages.com/DQmRPM5ajrACfmEgoBLLD9353rT2N432bgzACb8pZEHs2SP/tortu.png">
<div class="text-center">
<a href="http://desmotivaciones.es/carteles/caracol/recientes/25"><sup><i>Source</i></sup></a>
</div></div>
<ul>
<li><b>Application threshold:</b> this is due to the lack of professional technical experience, which makes it difficult and costly for companies to develop an infrastructure based on blockchain technology.</li>
<br>
<li><b>Energy: </b> there are two key problems. The first is the high-energy demand that requires mining (PoW by Bitcoin for example) and the second is the centralization of mining (few entities have the computing power in their hands.).</li>
<br>
<li><b>Performance:</b> <a href="https://dailyhodl.com/2018/04/27/cryptocurrency-transaction-speeds-the-complete-review">Bitcoin (4 transactions per second) and Ethereum (17 transactions per second) </a> are the most popular blockchain important so far, they have a very slow transaction speed.</li>
<br>
<li><b>Value isolated island:</b> digital assets have a lack of liquidity, restricting the flow and increasing its cost. More liquid markets are needed for cryptos.</li>
</ul>
Many platforms are emerging to improve and perfect the Blockchain technology. Exist any platform focuses on solving the four main problems that this technology has?. <b>Right, This platform is called
<a href="https://www.bumo.io/">BUMO</a>, its vision is to create a trust network that is present in all places at the same time (ubiquitous), where the value can move freely as the information.</b>
</p>
<center>
<img src="https://cdn.steemitimages.com/DQmXhjz1o6Ei4EoXfwxuUJEQFkdaSymBNBek4NDyJWFuB6n/bumoportada2.png">
<a href="https://www.maxpixel.net/Personal-Touch-Screen-News-System-Touch-Network-3541597"><sup><i>Source</i></sup></a>
</center>
<img src="https://cdn.steemitimages.com/DQmbUD8FC4Fw1nqbjAtzbkdB9t6mMU1KoGxZq2GCtuqLYyk/separator.png">
<img src="https://cdn.steemitimages.com/DQmXaKNQ6MDEz5yhNZYSwqnBzSv5jjx1baWAsJ8PhvXcfMT/bumo.png">
<h3>Core Ideas</h3>
<p>
<div class="pull-left">
<img src="https://cdn.steemitimages.com/DQmcB5nfvqtLqNFKb9SnrxZmgh9Y3pwC4m7hJZutQbAFLPY/002.115197d.png">
<div class="text-center">
<a href=""><sup><i>Source</i></sup></a>
</div></div>
<a href="https://www.bumo.io/">BUMO</a><b> is a public blockchain</b>, aims to use smart devices (as nodes in the network) around the world to create a trust network, where the value can move from one place to another without any resistance, in a completely free, without central authorities.
<a href="https://www.bumo.io/">BUMO</a> propose to use the existing technology (social networks, financial technology and IoT), to improve the transfer experience, improving the digital economy and of course the lives of people and companies.
The goal of <a href="https://www.bumo.io/">BUMO</a> is to create an ecosystem of decentralized applications, where all users have a broad digital confidence in their assets. <a href="https://www.bumo.io/">BUMO</a> <b>uses a trusted network,</b> based on Ubiquitous machines. Where all the nodes are involved in the maintenance and prosperity of the platform.
</p>
<p>
<h3>The solution to all problems in one place</h3>
The problems of<b> Performance and Application Threshold</b> are behind, with <a href="https://www.bumo.io/">BUMO</a> can make up to <b>10 thousand transactions per second</b> and developers can easily, easily and easily implement their dApp (decentralized application). Besides it does not matter if the users do not know how to program, <a href="https://www.bumo.io/">BUMO</a> offers a series of templates so that they can launch their dApps without any inconvenience. This will allow companies and people to lower costs for development and easier and faster implementation.
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<img src="https://cdn.steemitimages.com/DQmfVVn8USM6khLij4dCu1Fs8anB986nDUszgirzPjhQ4bg/ezgif.com-crop.gif"><br>
<a href="https://www.bumo.io/"><sup><i>Source</i></sup></a>
</div></div>
<a href="https://www.bumo.io/">BUMO</a> to be a public chain also solves the problem of<b> Value Isolated Island</b>, because <b>can tokenize any asset</b>. It does not matter if the issue has to do with games or videogames, financial assets, insurance, etc. These tokens can be transferred without any problem anywhere in the world. Allowing there to be <b>high liquidity and circulation in the market.</b>
One of the advantages of blockchain technology is that it offers an alternative to those centralized technologies. However, currently, one of the drawbacks is that some blockchain (Bitcoin, Ethereum, with the PoW and PoS respectively) allow large enough entities to occupy most of the mining work. Obtaining as a result the centralization of the platform. <a href="https://www.bumo.io/">BUMO</a> solves this problem, <b>demonopolizing mining works</b> through the lottery election for validator nodes, where the blockchain is updated in a decentralized manner in all the IoT devices that wish to connect to this platform.
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<h3>Nodes and roles</h3>
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<div class="text-center">
<a href="https://medium.com/bcterminal/how-blockchain-and-bct-can-close-the-compliance-gap-85ca2f7ff308"><sup><i>Source</i></sup></a>
</div></div>
<p>
<a href="https://www.bumo.io/">BUMO</a> allows any user to join their network in the following roles:
<ul>
<li><b>Nodes:</b> are the smart devices connected to <a href="https://www.bumo.io/">BUMO</a>. They are transparent and autonomous.</li><br>
<li><b>Candidate nodes:</b> they are the nodes that wish to become validator nodes, for this they are submitted to an election (lottery).</li><br>
<li><b>Validator nodes:</b> they are the winning nodes of the candidate node election. They are the ones who manage and administer the resources in the network. These nodes receive fees for transactions in the network.</li>
</ul>
<b><a href="https://www.bumo.io/">BUMO</a> is a platform created so that as more people in this ecosystem become more transparent and Ubiquitous.</b>
</p>
<h3>Technical Characteristics</h3>
<p>
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<img src="https://cdn.steemitimages.com/DQmVrco8X5afRPVaS4GVp9zyPTNvV7maeGnRsEPULK9Sdn3/4.png">
<div class="text-center">
<a href="https://www.bumo.io/"><sup><i>Source</i></sup></a>
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<b>Improved Two-layer Consensus Protocol:</b> <a href="https://www.bumo.io/">BUMO</a> has an improved consensus protocol, using DpoS + BFT (Byzantine fault tolerance) for multiple two-layer chains. A multi-child structure is supported, and validators selection is dynamic. This will improve transaction processing and address multiple scenarios, such as dynamic continuing voting.
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<a href="https://www.bumo.io/"><sup><i>Source</i></sup></a>
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<b>Two-layer Polymorphic Architecture for Multi-child Blockchain:</b> it is presented with a two-layer multiform structure. It is multiform because it has different technical characteristics between the two layers (main chain and child chains.). In addition this allows a whole ledger with hashing and indexing and value transfer between all the Blockchains.
<b>Inter-Chain for Routing Value across Blockchains:</b> homogeneous and heterogeneous Blockchains can be connected. In addition InterChain links the main chains just like the traditional internet router. You can Value transfer freely across Blockchains.
<div class="text-center"><img src="https://cdn.steemitimages.com/500x500/https://cdn.steemitimages.com/DQmfWyttmuR6gNci3wZuPtsTwqrjgV526ygDLLrEJhmDFQf/inter.png"><br><a href="https://www.bumo.io/"><sup><i>Source</i></sup></a></div>
<b>Developer-friendly Smart Contract:</b> for developers the most popular programming languages Python, C, C ++ are offered.
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<img src="https://cdn.steemitimages.com/DQmes3dy5Y7fYDLhKsgQQPPiQkmumqD9avay1iLKQdxyrbs/17.png">
<div class="text-center">
<a href="https://www.bumo.io/"><sup><i>Source</i></sup></a>
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<b>Atomic trading structure:</b> adapt to the different application scenarios.
<b>Multi-signature joint account:</b> is responsible for obtaining precise operations controlling the account by several users.
<b>Pluggable storage mechanism:</b> provide users with simple and fast-to-use interfaces.
<b>Value representation and value transfer function:</b> to encourage the interaction of users and partners within the ecosystem, where there is a relationship of mutual benefit and everyone wins.</p>
<h3>BU Token</h3>
<p>
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<img src="https://cdn.steemitimages.com/350x350/https://cdn.steemitimages.com/DQmbG9byi7fpcJSUy7s52ktzWPxiieuogQwrX3fXNHWWGNe/token2.png">
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<a href="https://www.bumo.io/">BUMO</a> has its Token called BU, which denominates gas costs in the <a href="https://www.bumo.io/">BUMO</a> ecosystem. These costs are for <b>storage and network fee</b> (type of transaction and size), and <b>per calculation fee</b> (pesos of the computer resources). Finally, the Validator nodes receive the gas rewards.
Thus, the value of the BU token is based on the amount of BU consumed as fuel in the platform and the ability to participate and interact in the government of the <a href="https://www.bumo.io/">BUMO</a> community.
<br>
<b>Some of the BU token applications are:</b>
- Gas: fuel to run smart contracts
- Rewards for validating nodes
- Development in the construction of the ecosystem of <a href="https://www.bumo.io/">BUMO</a>
- Transfers between <a href="https://www.bumo.io/">BUMO</a> accounts (buy-sell interaction).</p>
<h3>Tokenization Protocol</h3>
<p>
With two ATP and CTP token protocols, users can use the blockchain, quickly and easily. <a href="https://www.bumo.io/">BUMO</a> uses two types of protocols to work quickly and easily on the blockchain:
- <b>Account-based Tokenization Protocol (ATP):</b> users can issue tokens without the need to create smart contracts. They just need to use the corresponding operation interface of the blockchain.
- <b>Contract-based Tokenization Protocol (CTP):</b> used for complex applications, where it is use to meet the compatibility of different applications.</p>
<h3>Smart contracts</h3>
<p>
<div class="pull-right">
<img src="https://cdn.steemitimages.com/DQmaecDcVNPGiJs1CJLNhkUjT7WDeu1iey3mAPXzEqSwS9D/20.png">
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<a href="https://www.bumo.io/"><sup><i>Source</i></sup></a>
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<a href="https://www.bumo.io/">BUMO</a> has a powerful infrastructure that allows less experienced users in the development of applications to use their <b>BuVM (<a href="https://www.bumo.io/">BUMO</a> Virtual Machine)</b> for high-level dApp development. In addition to BuVM, <a href="https://www.bumo.io/">BUMO</a> smart contracts can be executed.
Smart contracts are implemented in Javascript through BuContract. BuVM will support other programming languages known as: Python, C, C ++ among others. This allows any interested developer to easily use <a href="https://www.bumo.io/">BUMO</a>.
<div class="text-center"><img src="https://cdn.steemitimages.com/DQmRGzfG17iS3mqmhJQqRpavQ6pfbyjhYEu4AkSmC595uM5/smart.png"><br><a href="https://www.bumo.io/"><sup><i>Source</i></sup></a></div>
The BuContract allows coordinating the data and the real world:
- A data provider creates and maintains the (real) data contract in a deposit, then if the validating nodes consider that this data acts in a criminal manner, the deposit may be lost.
- The contract notifies the oracle (BuOracle), about the data that must be obtained due to an activation event programmed in the smart contract, then the oracle processes and returns the value to BuVM.
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<p>
One of the benefits that <a href="https://www.bumo.io/">BUMO</a> provides is the <b> free flow of digital assets.</b> The greater the volume of circulation, the greater the new magnitude of the value for all the users that interact in <a href="https://www.bumo.io/">BUMO</a>. It is not enough just to be a <a href="https://www.bumo.io/">BUMO</a> user. The real gain is obtained when <b>interacting within the platform.</b>
<div class="pull-left">
<img src="https://cdn.steemitimages.com/DQmZMRMKkUf8avF7ff5RN74eSqnW9D7Xkf2jHzV47KkcjFe/ezgif.com-gif-maker(1).gif">
<div class="text-center">
<a href="https://giphy.com/gifs/iot-wz7MJqpCm1pYY"><sup><i>Source</i></sup></a>
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<a href="https://www.bumo.io/">BUMO</a> expects by 2020 around 45 billion IoT smart devices around the world, creating a <b>Smart IoT Value Chain.</b> This will generate value to the ecosystem by the data generated by the devices. <a href="https://www.bumo.io/">BUMO</a> also acts as a digital book allowing data to be exchanged between devices.
Another benefit of <a href="https://www.bumo.io/">BUMO</a> is that it will <b>eliminate the high-maintenance costs of the network.</b> As well as the fragmented communication protocols and the distrust that still exists for the illicit nodes within the ecosystem.
One of the advantages of <a href="https://www.bumo.io/">BUMO</a> for companies is that it builds an Internet infrastructure, which can move value through centralized technologies such as BU Firework, BU Orbits, BU Canal and BU CodeMach.
</p>
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<p>
<div class="pull-right">
<img src="https://cdn.steemitimages.com/DQmdJMmSESRDWzsvdJUL91tg6YTyLyLZYy2m9sHUSCz668m/casaint2.jpg">
<div class="text-center">
<a href="https://pixabay.com/es/casa-inteligente-casa-tecnolog%C3%ADa-3395993/"><sup><i>Source</i></sup></a>
</div></div>
<b><a href="https://www.bumo.io/">BUMO</a> is the new generation of blockchain publishes for business.</b> <a href="https://www.bumo.io/">BUMO</a> knows and solves the main problems of public blockchain. This makes it different from other public chains. <a href="https://www.bumo.io/">BUMO</a> had developed a way to achieve speed, energy saving, decentralization in mining, tokenization of any asset, increase of liquidity in the market, development of applications at low cost and rapid implementation for ordinary people and/or developers.
<b><a href="https://www.bumo.io/">BUMO</a> brings security, scalability and performance.</b> Thus, <a href="https://www.bumo.io/">BUMO</a> solves one of the most common problems of mass adoption services (low performance and high hardware cost). Normally, as the number of users increases, the performance of the platforms decreases, on the contrary, <a href="https://www.bumo.io/">BUMO</a> increases the number of users, its platform benefits as it is a transparent ecosystem and provides security thanks to its Ubiquity. And in case it was not enough without running the cats for maintenance.
<a href="https://www.bumo.io/">BUMO</a> is not only scalable due to the design of its platform, but also the easy and cheap acquisition of intelligent devices for those users who wish to become nodes, which allows a <b>massive adoption,</b> since it does not depend on powerful computers to become a node in the network.
</p>
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<img src="https://cdn.steemitimages.com/DQmNVaxXskU43F1LeWMBLbgcqaMoLzMbMxTBiS9oQW8v8vn/AD.png">
<a href="https://www.bumo.io/ambassador/">
<img src="https://cdn.steemitimages.com/DQmaFHu3p27NivJuvDFSPjbUAuLieHWvx3L7H7iMkutKiUf/bumoji.png"></a><center><h3>You want to be BUMO'S Ambassadors?</h3>
</center>
<center><h3>Download their</h3></center>
<center>
<table>
<tr>
<th><a href="https://www.bumo.io/BUMO-White-Paper-en/">BUMO WhitePaper</a></th>
<th><a href="https://www.bumo.io/BUMO-Technology-White-Paper-en/">BUMO Technical WhitePaper</a></th>
</tr>
</table>
</center>
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<h3>Core Members</h3>
<pre>
<img src="https://cdn.steemitimages.com/DQmRVVWaDeEkdNR4K1FEEamfAjr8Yo8UnWx8QecVZusWPD5/1.png"><img src="https://cdn.steemitimages.com/DQmSpv6h7DDjhWAokwuLmeX92mv6hHa5g3Uhxbt76JEuYno/2.png"><img src="https://cdn.steemitimages.com/DQmS6iaEb34XxvK8tsGft8Yc11sgM7rXW611qm2Ftt5WTgk/3.png"><img src="https://cdn.steemitimages.com/DQmZjbxVdgoRp3okyFfA3nXaqHqwfBcDEApB6TPgQGvee1h/4.png"><img src="https://cdn.steemitimages.com/DQmRXuxp3nkHie2e5oo5siKFTroWdGfokFi3GKTMCztc1kT/5.png"></pre>
<i>Scroll to right to see all Team</i>
<h3>Partners And Investors</h3>
<img src="https://cdn.steemitimages.com/DQmXfchicod9RsSaeZm6x1DgyijHQQNarSHf6JDkZwKSsKS/A.png">
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<img src="https://cdn.steemitimages.com/DQmNnqsY9Rg7jqDXSHwc2hWNWDjmoAeTjbLMd2E2SkBrU81/SOCIALM.png">
<table>
<tr>
<th><a href="https://t.me/bumoen">BUMO Telegram</a></th>
<th><a href="https://passport.weibo.com/visitor/visitor?entry=miniblog&a=enter&url=https%3A%2F%2Fweibo.com%2Fp%2F1005056526335573%2Fhome%3Fis_hot%3D1&domain=.weibo.com&sudaref=https%3A%2F%2Fwww.bumo.io%2F&ua=php-sso_sdk_client-0.6.28&_rand=1539572807.0803">BUMO Weibo</a></th>
<th><a href="https://twitter.com/BUMOproject">BUMO Twitter</a></th>
</tr>
<tr>
<th><a href="https://www.reddit.com/r/BUMO/">BUMO Reddit </a></th>
<th><a href="https://www.facebook.com/BUMO-427467781044399/">BUMO Facebook</a></th>
<th><a href="https://github.com/bumoproject">BUMO Github</a></th>
</tr>
</table>
<br>
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<br>
<br>
<p>Here is the link to my <a href="https://twitter.com/chrstnv/status/1052403929869246464">tweet about Bumo</a>
This is the entry for the @originalworks <a href="https://steemit.com/crypto/@originalworks/1250-steem-sponsored-writing-contest-bumo">contest</a></p>
bumotwitter
bumo2018