1 Level
34 Review
40 Karma
Review on Bytecoin by Julio Arvelo
The emission is an open process which employs the computing powers of all…
The emission is an open process which employs the computing powers of all network members. Any user can join the Bytecoin network and take part in the emission process (thus, becoming a miner).
Bytecoins are gradually getting more expensive over time, since the emission is limited to 184.47 billion coins. Each 120 seconds is slightly decreasing. As a result BCN gains value and the exchange rate increases.
Pros
- Is a private, decentralized cryptocurrency with untraceable payments. Is an open-sourse, that allows everyone to take part in the Bytecoin network development. The best solution for those who want to keep their financial privacy. Instant private transactions are provided all around the world by the Bytecoin Network.
Cons
- Many new altcoin networks that offer the same services as BCN.
