Review on Bytecoin by Fabrizio Zampieri
Bytecoin (ticker symbol BCN) is the first cryptocurrency based on the…
Bytecoin (ticker symbol BCN) is the first cryptocurrency based on the CryptoNote technology with an open source code designed for anonymous cash settlement. BCN protects the user's privacy with impassive and anonymous transactions. This is a completely independent currency.
The wallet too works in a safe mode.
Current BCN tokens quotation is understimated.
Pros
- Bytecoin is an open-sourced decentralized cryptocurrency with untraceable payments that was started in 2012. The other strength is speed, with confirmations that do not take more than two minutes. At least for the moment the transactions have no cost, because the users who confirm them receive a prize directly from the blockchain (mining). Current good market cap rank (31), $515.575.281
Cons
- Fairly long transfers. BCN tokens tradable on few exchanges. Marketing actions should be improved.
