Bytus Private Blockchain

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 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.