Bismuth is a Python blockchain, based around modularity and efficiency with ready-made decentralized applications, and optional turing complete public and private contracts. As a digital distributed self-regulating database system whose primary application is currency, its first application is mining. Bismuth is not based on code of $BTC or any of its derivates, it is only inspired by some ideas laid down by Satoshi Nakamoto (BitCoin), Sunny King (Peercoin), NXT and ETH developers. Bismuth does not draw any code from other repositories, instead it reformulates the cryptocurrency code in its own terms to be easily readable, compatible across all platforms, integrated into business solutions with utmost ease and most importantly open for development to wide public through it's simplicity, while minimizing the security risk for custom code implementations.
Bismuth is a decentralized transaction platform focused on modularity and open source approaches. It comes with default decentralized applications and tools out of the box, not only to be used by everyone, but also to be hosted by anyone. These applications are supplied as interpretation engines, which prevents blockchain bloat. Inspired by Satoshi¡¯s whitepaper, Bismuth also offers optional hyperblocks as a pruning mechanism, a system which greatly reduces disk space usage and increases execution speed. On-chain messaging and data storage is available in both public and encrypted forms. Together with Tor support and transaction mixing decentralized application, Bismuth offers top-of-the-line privacy features.
