Review on Bytecoin by Syzmon Nowak
high privacy blockchain network by bytecoin
The premise of this cryptocurrency is quick non-traceable payments that safeguard users' privacy.
- Its primary selling point is that transactions are untraceable since it use ring technology to verify and sign transactions. From beginning to end, the payment is anonymous.
- When you have your wallet address, no one can track your transactions, and each block is completed in two minutes, which is significantly quicker than bitcoin.
Its primary issue is that it has limited markets to sell to, and there aren't many uses for this asset given the rising rivalry in privacy-protecting currencies.
Pros
- There's a wallet for the web, mobile, and desktop.
- There are several wallet addresses.
Cons
- The mobile wallet has received negative feedback.
- There aren't many exchanges that pay attention to you right now.
