1 Level
12 Review
9 Karma
Review on Bytecoin by Nguyen cuong
Bytecoin is a next generation completely anonymous cryptocurrency launched…
Bytecoin is a next generation completely anonymous cryptocurrency launched July 4, 2012, making it the first Cryptonote currency of its kind. Bytecoin is unlike any other cryptocurrency as it allows anonymity by using Ring Signatures to hide wallet balances and transactions, making any transaction you make effectively unlinkable.
Pros
- Bcn has dedicated development team and it is quite big in terms of total number contributors. It has longest history in penny coin. So the stable up price trend is more visible to investors.
Cons
- Wallet stability issues. I heard it will fix and test all bugs in new release. That is encouraging. Public acceptance. Put in big picture, the reason ripple up because Amex and Asian banks willing to take it as settlement protocol. If we can convince some local bank to use bcn and convert to local currency. That will make it fly to the moon instantly.
