Review on Bytecoin by LUIS RIVERO R
Privacy although little used.
This cryptocurrency is designed to protect the privacy of users, its concept is fast non-traceable payments.
-Its main attraction is that transactions cannot be tracked, since it uses ring technology to verify and sign your transactions. Anonymous payment from end to end.
-No one can follow your transactions when you have your wallet address, in addition to being highly scalable each block is processed in two minutes, considerably faster than bitcoin.
Its main problem is that it has few markets to market, and there are not many uses with this asset since there is a growing competition in currencies designed to protect privacy.
In general, this asset has little chance of raising prices in the short term because it does not have many use cases, and most of its apps are outdated
Pros
- Payments cannot be tracked.
- Highly scalable
- Multiple wallet addresses.
- web, mobile and desktop wallet available.
Cons
- Currently there are not many exchanges that listen to you.
- The mobile wallet does not have good reviews.
