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Type of review

Bytecoin (ticker symbol BCN) is the first cryptocurrency based on the CryptoNote technology with an open source code designed for anonymous cash settlement. BCN protects the user's privacy with impassive and anonymous transactions. This is a completely independent currency. The wallet too works in a safe mode. Current BCN tokens quotation is understimated.

Pros
  • Bytecoin is an open-sourced decentralized cryptocurrency with untraceable payments that was started in 2012. The other strength is speed, with confirmations that do not take more than two minutes. At least for the moment the transactions have no cost, because the users who confirm them receive a prize directly from the blockchain (mining). Current good market cap rank (31), $515.575.281
Cons
  • Fairly long transfers. BCN tokens tradable on few exchanges. Marketing actions should be improved.

Bytecoin is going to be a very important cryptocurrency in relation to privacy. They are one of the oldest blockchain projects. They wan’t to improve Bitcoin and not consider Bytecoin as a Bitcoin replacement. I think it is very important to have multiple strong currencies to ensure the satisfaction of all customers in the future in the market.

Pros
  • Cryptonote based project. International and untraceable payments without any additional fees. Very fast transactions.
Cons
  • 80% of all coins were premined before the public release. Already similar cryptos like Monero, Zcash. No “celebrities” working on Bytecoin. not listed on some important Exchanges like Binance, OKEx, Houbi etc.

Es probable que el Bytecoin se convierta en una referencia a nivel mundial en los próximos años. Por ahora está mostrando un bajo perfil, pero tiene un buen equipo, y todas las papeletas para conseguirlo.

Pros
  • Moneda transparente con intercambio rápido y anónimo en todo el mundo. Su proyecto presentado en Marzo parece sólido y el equipo tiene las ideas claras. Hacer una inversión en Bytecoins en este momento es un buen movimiento de cara a futuro.
Cons
  • Pocos mercados la han ido soportando hasta ahora, pero se observa que va creciendo y abriendo puertas desde Junio 2017.

The first high grade privacy cryptocoin. Very attractive project.

Pros
  • Very fast transactions. A+++ High grade privacy. A+++ The amount of coins available would make it possible to be used by far more people and businesses. A+++
Cons
  • Needs to be connected with business parties. Team is not giving any clue about the rumours of been premined.

Revainrating 5 out of 5

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Pros
  • Bytecoin Community is great - BCN is the sleeping Dragon where is waking up
Cons
  • -

#1 in my crypto portfolio which made me about $35.000 in 2 years. I like the idea of untraceability and anonymity. I'm wishing all the best to the dev team, hopefully I'll be able to double my investments this year with BCN

Pros
  • First fully untraceable cryptocurrency, low fees. Pioneers in unlinkable transactions, ring signatures, etc. Transparent and open-sourced development.
Cons
  • few markets, but hopefully will be featured on more.

Revainrating 4 out of 5

Novo time de Dev com novo roadmap põe a Bytecoin com um potencial de…

Novo time de Dev com novo roadmap põe a Bytecoin com um potencial de crescimento incrível, podendo seu potencial destruído caso não se cumpra o prometido...

Pros
  • Moeda anônima, primeira script criptonote, bom perspectiva de crescimento
Cons
  • História obscura, e diversas histórias de premine. Poucas Exchanges

Lot of monero fans and haters will tell you Bytecoin is a scam , But the truth is that Bytecoin is the original coin and the father of cryptonote coins , it has a bright future and it's a very good alternative to bitcoin

Pros
  • First untraceable coin using Cryptonote Father of Monero good investement , if you buy 100k of bytecoin you can be very rich in 3 years
Cons
  • Lot of enemies who want to make rumours about it forgetting that it's the original coin

Please be aware that this coin is a scam. The reasons for being a scam are listed in this thread at bitcointalk.org https://bitcointalk.org/index.php?topic=740112.0 Just a summary: - Not one person of the core developer team is known. They even removed the team page from their website - They say that the project existed "on the deep web" for 2 years, but nobody heard anything about that project in that timespan - The cryptonote whitepaper that the coin is based on, is technically perfect. The

Pros
  • - Cryptonote protocoll
Cons
  • - 80% premined - 100% Scam

Revainrating 4 out of 5

good alternative to replace bitcoin

good alternative to replace bitcoin

Pros
  • Good prospects for the near future, especially after updating the software and launching new payment tools.
Cons
  • Delay in transfers