1 Level
16 Review
37 Karma
Review on Bytecoin by No David
Users control their privacy. The partners and third parties will see your…
Users control their privacy. The partners and third parties will see your personal information only if you allow them to do so. If not, there isn’t any possibility to break the security; The Bytecoin network works as fast as the internet, it’s the first cryptocurrency based on CryptoNote technology. Bytecoin remains to be the first cryptocurrency that introduced the CryptoNote technology. During the platform’s existence, there were recorded increased mining profits. The fact that Bytecoin is still available convinces us that is worth our investments.
Pros
- You will not be charged for transactions. The platform provides a high speed and volume of payment transfers. The designers assure users they only need 2 minutes to get the confirmation. Bytecoin is the first type of cryptocurrency which ensures that secure CryptoNote protocol can be used for the security of users. It provides 100% untraceable transactions with the help of ring signatures and stealth addresses.
Cons
- The platform isn’t so unique nowadays, because of many new altcoin networks that provide the same services as BCN. It’s complicated to get renewed every time a new cryptocurrency appears, There are users that aren’t excited about the Bytecoin Wallet. They say it doesn’t synchronize all the time as it should.
