Without technology deficiencies here and there, we would have had blockchain, a problem led to discovery of new solution. The world economy was at the brink of sudden collapse when bitcoin developers (Satoshi Nakamoto) came to the rescue. He sought to create what no government can created, an open ledger that no one can tamper with. Temporary, he solved the problem of lack of privacy on the internet. To this Mr. Satoshi, we are pretty much grateful!
Upon full exploration of what bitcoin have to offer the human race, we discovered that we can do so much by creating a better blockchain on which tokens can be created without people having to spend a fortune trying to create blockchain.
technology beget technology
Without much ado, the strength of ethereum blockchain was put to test quickly by crypto-kitties. It lapses got repealed and it became clear to everyone that PoW and PoS consensus algorithm is not the solution to current blockchain problem.
This is where Bumo come to develop blockchain to the world, a decentralized public blockchain that will cater for needs of everyone. Bump has been able to strick middle ground between security, speed and performance. It will have child chain which will serve a assistants to the mainchain, using DPoS and PBFT.
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