Review on Bytecoin by Amos joseph
Bytecoin
I made a quick research on bytecoin overall I found out base on users rating the project is very secure in term of security, making fast payment executing multiple transaction in second even faster than bitcoin, users privacy protection is what this project was meant and built for.
In my opinion and base on other users rating if you're interested in being an anonymous crypto user and prefer most of your transaction to be anonymous untraceable with fast transaction then bytecoin is a good project you can start from.
Launched in 2012 with dogecoin being it competitive coin but the only problem I found about these project is it market capitalization and trading volume which is very low compared to other competitive coin it price on market cap is very low which will not encourage outside investor to venture in adoption of these coin, more marking strategies need to be introduced to attract more investors.
Pros
- Bytecoin project has good users rating has good users privacy protection policy
- Supported mobile wallet can be used for making fast transaction which can be downloaded directly from their webpage
- Execute transaction in seconds
Cons
- Price of coin is very low in market capitalization with low trading volume
- Bytecoin social platform haven't been updated or working for long now
- New introduced system need to be adopted to attract more investor to the project
