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Revainrating 4 out of 5

bytecoin is one of the best digital decentralized cryptocurrency which gives…

bytecoin is one of the best digital decentralized cryptocurrency which gives many features to their developers also provides good security. bytecoin team is also supportive and also being active on social media.

Pros
  • Bytecoin is a decentralized cryptocurrency whose team is much active on social media recently bytecoin partnershipped with one of the best VPN in the world, i.e., trust.zone. bytecoin is a fully open source digital cryptocurrency. bytecoin team is always solving miner bugs also much secure cryptocurrency.
Cons
  • bytecoin is a good cryptocurrency but there are some cons of bytecoin such as little lousy reputation that can affect on its progress also scalability is less also wallet issues are also seen. Otherwise very beneficial for users.

Revainrating 4 out of 5

Bytecoin algorithms don’t allow other users to know your wallet balance, also…

Bytecoin algorithms don’t allow other users to know your wallet balance, also to whom you send money and from where you receive your funds. Privacy remains full secure. Transection system is excellent.

Pros
  • Bytecoin is the cryptocurrency which is very secure and very specialized in the private transactions. By this, we can send any amount of fund to anybody without showing our identity to anyone. Transection system is also excellent. And privacy is excellent. The growth of this is very high. Privacy based coin.
Cons
  • 80% premined, also Monero is an improvement over Bytecoin.

Revainrating 4 out of 5

Bytecoin is a decentralized cryptocurrency which is reputed in the market…

Bytecoin is a decentralized cryptocurrency which is reputed in the market which gives their best for their developers and users. The transaction system is very nice and about security also it is excellent.

Pros
  • Bytecoin is the privacy, security, and profit based cryptocurrency which gives many benefits for their users. bytecoin investors get an annual dividend for the stake. It is excellent and reputed by nature. It saves your transaction history and gives much security to their users.
Cons
  • Bytecoin have so many wallet issues. bytecoin wallets take high-end PC to install it. bytecoin light wallet is available but each and every people prefer the best wallet to store but its main wallet that is too bad.

Revainrating 4 out of 5

bytecoin is a best opensource cryptocurrency listed on many exchanges…

bytecoin is a best opensource cryptocurrency listed on many exchanges, bytecoin ranking and reputation is also good in the market but day by it becoming pump and dump otherwise it is a great project

Pros
  • bytecoin is opensource privacy based and securest cryptocurrency, bytecoin team doing great devlopment recently bytecoin release their android light wallet and also listed on worlds 2 largest exchanges binance, okex, the bytecoin is having the great reputation in market
Cons
  • bytecoin is becoming a pump and dump coin recently bytecoin price pump from 34satoshi to 10000satoshi in 1 day in binance so trader faces huge loses

Revainrating 3 out of 5

It’s far more anonymous.

It is one of the older cryptocurrencies that have been released, and perhaps the oldest of the privacy focal crypto. It has very important first in the cryptocurrency ecosystem, it was the very first coin to be based on the CryptoNote technology. And partially because of this it is sometimes called the “totally anonymous cryptocurrency.” It takes advantage of one time address usage and ring signatures as part of its privacy features. The transactions are on public ledger which gives you the…

Pros
  • The deflect security mechanism assure that the its Blockchain cannot be hacked.
  • It provides high transactions speeds as well as volumes, Free of cost transactions.
  • It is the first Crypto Note technology based Altcoin.
  • Privacy is in the hands of the users. Third parties can only see your information if you allow them to do so.
Cons
  • It is not unique anymore as many platforms such as Ethereum provide the same services.
  • It does not synchronize consistently.
  • Wider Public acceptance is in question.

Revainrating 3 out of 5

bytecoin is a best opensource decentralized cryptocurrency, Daniel and…

bytecoin is a best opensource decentralized cryptocurrency, Daniel and Alexander are fonder of bytecoin, bytecoin team listed bytecoin to world's top exchanges

Pros
  • bytecoin is an opensource decentralized currency and bytecoin was developed by prominent experts who is Daniel and Alexander in 2012 bytecoin is currently listed on world best exchanges, bytecoin team is always active bytecoin is planning for hard fork adoption bytecoin transaction speed is much better than other cryptocurrencies such as bitcoin, dogecoin any much more
Cons
  • bytecoin wallet is so much bulky because wallet always take loads and download millions of small files, so computer becomes very slow, and bytecoin wallet so consume much internet for install

Revainrating 4 out of 5

Bytecoin review

Bytecoin is the first ever blockchain to implement the CryptoNote algorithm. It is designed to substantially increase the security of the cryptocurrency. The network also has some interesting privacy features. While it still uses public and private addresses, just like other networks, but the public keys are grouped in such a way, that no one can accurately tell from where the transaction originated. Bytecoin is a quite controversial project and cryptocurrency. Even though the community doesn’t

Pros
  • Bytecoin is the first network to use the CryptoNote algorithm, which provides low-fee and private transactions. The CryptoNote algorithm wraps the addresses using a ring signature. This makes it impossible for transaction analysis and the blockchain to pinpoint the origin of the transaction because these ring signatures are shared between multiple users.
Cons
  • The network is not using the best technology that is available and also, the cryptocurrency is completely pre-mined from the start. there are known wallet stability issues that hinder the normal usage.

Revainrating 4 out of 5

In my Bytecoin price prediction guide, I am going to cover everything you need…

In my Bytecoin price prediction guide, I am going to cover everything you need to know. Firstly I am going to give you a quick overview of what the Bytecoin project actually is. Next, I am going to briefly explain the importance of understanding that pricing predictions should be taken with caution, as they are just that – predictions! As you will see, pricing predictions can vary depending on who is giving them, so always consider how they came to their conclusion. I have also explained some…

Pros
  • Bytecoin is a cryptocurrency that specializes in private and anonymous transactions, allowing anyone in the world to send and receive funds without revealing their identity. It was created in 2012 by a group of anonymous developers, which even to this day, still remain unknown.
Cons
  • During the first three years of trading, the BCN coin saw practically no interest at all. In fact, daily trading volumes were just a few thousand dollars. Then, in May 2017, after almost 12 months of no communication from the team, Bytecoin suddenly announced that they were working hard on making their goals a reality.

Revainrating 4 out of 5

Bytecoin remains to be the first cryptocurrency that introduced the CryptoNote…

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. And that’s the end of my Bytecoin price prediction guide! I hope the information I have provided has benefited your decision-making process. If you have read my guide from start to finish, you should have a good understanding of what the…

Pros
  • Before I give my opinions, I thought I would make it clear that my Bytecoin price prediction guide is not financial advice. Like all predictions, it is nothing more than an opinion. You should always conduct your own research before making an investment.
Cons
  • Firstly, in terms of the technology, it has a lot of advantages against the most popular cryptocurrency, which is Bitcoin. As I mentioned earlier, Bytecoin can confirm a transaction in 2 minutes, while Bitcoin takes 10 minutes. Bytecoin is also more anonymous than Bitcoin, which makes it much easier to send transactions privately.

Revainrating 5 out of 5

Wallet The funds in DGB are stored in the official DigiByte wallet available…

Wallet The funds in DGB are stored in the official DigiByte wallet available on their website. It requires to run a full node and store the DigiByte blockchain. This requirement adds a hurdle for first time users. DigiByte Pros Decentralization One of DigiByte’s greatest strengths is its level of decentralization. Utilizing a multi-algorithm (multi-algo) approach, DigitByte makes its currency mineable by a variety of hardware types including Antimers and conventional graphics cards (GPUs)…

Pros
  • Background DigiByte’s blockchain is roughly 5 years old, which is ancient in the cryptocurrency world. Because it has been around so long, they proudly describe DigiByte as “the longest, fastest and most secure UTXO blockchain.” Disclaimer: This article was written to the best of our knowledge with the information available to us. We do not guarantee that every bit of information is completely accurate or up-to-date. Please use this information as a complement to your own research. Nothing we write in any of our articles is intended as investment advice nor as an endorsement to buy/sell/hold anything. Cryptocurrency investments are inherently risky so you should never invest more than you can afford to lose.
Cons
  • Summary Overall, I’m neutral on this project. Off the bat, I don’t see any major flaws with it, but I’m also not sold on its merit over other coins. The multi-algo approach seems like an innovative way to ensure decentralization since only 20% of blocks can be mined under each algorithm. It’s reassuring that DigiByte can’t be taken over by ASIC miners, like Bitcoin has been. However, DigiByte has been in existence for about 5 years and I’m just now hearing about it. Why doesn’t this coin have more hype or a more vocal community? Coins need more marketing and PR to break all of the noise and get adoption. How can DigiByte improve? By better marketing! They never had an ICO so they missed a huge opportunity to get the word out. Right now, I’m not interested in investing in this DigiByte since I don’t think the price will move much in the near future. But I will keep it an eye on it for the future since it’s technology seems sound. Disclaimer: This article was written to the best of our knowledge with the information available to us. We do not guarantee that every bit of information is completely accurate or up-to-date. Please use this information as a complement to your own research. Nothing we write in any of our articles is intended as investment advice nor as an endorsement to buy/sell/hold anything. Cryptocurrency investments are inherently risky so you should never invest more than you can afford to lose.

Revainrating 5 out of 5

Bytecoin advertises itself as a totally anonymous altcoin and as the first…

Bytecoin advertises itself as a totally anonymous altcoin and as the first enterprise-ready altcoin. Let’s take a closer look at some of the advertised features of Bytecoin: Bytecoin is an open cryptocurrency. If you decide to start using the currency, you can voluntarily take part in the operation of the network. The only thing you need to do is download special software that creates a wallet for you. Using this software, you can start sending money to other users or receive payment from them.

Pros
  • Bytecoin (BCN) is a cryptocurrency first launched back in July 2012. When it launched, it was priced at around 10 satoshis, and it remained at that price for most of its history. However, the price of BCN rose suddenly on May 17 to a record high of 109 satoshis on Poloniex. Bytecoin has one important difference from other cryptocurrencies: it was the first ever altcoin based on CryptoNote technology. The altcoin is frequently called a “totally anonymous cryptocurrency”. Some of the advantages of the cryptocurrency include the utilization of ring signatures as well as one-time cryptocurrency addresses. Another unique feature of Bytecoin is that it wasn’t made from a fork of bitcoin code. Instead, it was coded from scratch. This is where things get confusing: some people call bitcoin forks Bytecoins (BTE), which is different from Bytecoin (BCN), the currency we’re talking about today.
Cons
  • Some reports online will tell you that the creators of Bytecoin are a mysterious team of individuals. However, that’s not really true: the full list of team members and Bytecoin developers is listed publicly on Bytecoin.org. Most of these developers go by alias names. However, we know a little bit about their educational background and country of origin. Nevertheless, some developers are totally unknown even to the development team – so there’s definitely a layer of mystery about Bytecoin’s background.

Revainrating 4 out of 5

All Bytecoin virtual currency transactions are made in 120 seconds. The miner…

All Bytecoin virtual currency transactions are made in 120 seconds. The miner ensures that the transaction is handled correctly and provides password protection for transactions and personal data.Mining in the resulting network generates new money, serving as a reward for users who use their computing power to process transactions.

Pros
  • Bytecoin is an open Cyptocurrency so anyone can become a user of this electronic currency and voluntarily participate in network activity. The only thing you need to do is download the special software to create the wallet Bytecoin for you. With the help of this software, you can completely send money to others and receive payments from them.
Cons
  • Listed on many exchanges but low liquidity.

Revainrating 4 out of 5

Basically Bytecoin is a currency that was born in the first generation of the…

Basically Bytecoin is a currency that was born in the first generation of the Blockchain in general, has a lot of experience and travel that makes it totally reliable without any doubt, however, both its technology and promotion throughout the ecosystem could improve its value over time, allowing for greater adoption and its growth in price.

Pros
  • Bytecoin is a decentralized currency, where one of its main characteristics is the privacy it has, since no transaction carried out within its network can be tracked. Additionally, transaction fees are almost nil and are executed instantaneously which makes Bytecoin an excellent alternative to protect people's assets and more when large money transfers are made, because thanks to its cryptographic algorithms nobody can see who was the sender and receiver of the money and of course the amount that has been transferred. Another interesting feature is how the Bytecoin network becomes more secure and reliable, since it is proportionally linked to the total computing power of all the computers that maintain the network; and the more reliable computing power over time it becomes. All this makes Bytecoin safe for its implementation in natural and legal persons. The objective of the currency is self-regulation, frankness and egalitarianism that makes it work efficiently and with minimal costs. It is present in the exchanges with the greatest volume in the whole ecosystem.
Cons
  • Due to its exaggeratedly high total supply, the currency does not have a great progress in the price in the medium or long term, which makes investors discouraged to participate in it. It is necessary to create communities in other countries, which translates into the need for more publicity about it and extending it to all regions of the world. The Wallet has had certain failures. Its technology and operation must be updated as the competition increases more and more having very good projects that also offer privacy and security to a greater extent.

Revainrating 4 out of 5

Mining in the resulting network generates new money, serving as a reward for…

Mining in the resulting network generates new money, serving as a reward for users who use their computing power to process transactions.

Pros
  • As with any altcoin outside of the top 5 or 10, there’s a potential to earn mining profits from Bytecoin right now. Ever since the price surged, there’s been an enormous growth in mining activity. However, the algorithm of Bytecon which is known as CryptoNight was created by BCN developers in collaboration with CryptoNote team.
Cons
  • We can mostly find wallet related issues like bytecoin doesn't support well in hardware wallet, withdrawal process is also late.

Revainrating 4 out of 5

Another unique feature of Bytecoin is that it wasn’t made from a fork of…

Another unique feature of Bytecoin is that it wasn’t made from a fork of bitcoin code. Instead, it was coded from scratch. This is where things get confusing: some people call bitcoin forks Bytecoins (BTE), which is different from Bytecoin (BCN), the currency we’re talking about today. I think the potential of Bytecoin is higher and it has to be more promoted. I see no reason that speaks against this currency. When I think in the past how ripple was unknown and suddenly it jumps, then I see…

Pros
  • The transaction fee will be calculated based upon what the user would like to pay. The higher the fee they will offer the faster their transaction will be processed. This fee will be regulated by the market. Higher fee, the faster processing of transactions, lower fee, the transaction will be processed slower. About smart contracts, that is more directly connected with Ether. The Bytecoin team is working on anonymous tokens but this is still a good deal away.
Cons
  • I don't see the actual application from the platform.

Revainrating 4 out of 5

For those who are looking forward for a way to take advantage of…

For those who are looking forward for a way to take advantage of cryptocurrency without having their actual identity linked with the transactions, this network is a way to provide the much needed privacy for them. It has different applications for businesses, customers and investors. However, it has been under the use of people from last few years. It has built up a strong reputation over this time. It is really easy to use and worthy to consider for those who are looking forward for more…

Pros
  • Bytecoin advertises itself as a totally anonymous altcoin and as the first enterprise-ready altcoin. Let’s take a closer look at some of the advertised features of Bytecoin: Fee-free instant international payments: The Bytecoin network works as fast as the internet. Your payments will take a little bit of time to process, as payments require cryptographic confirmation. Bytecoin claims transactions are processed in about 2 minutes.Bytecoin is a decentralized open source cryptocurrency with impossible to track payments that started in 2012 and is currently still working on the project Reviewed in Okex, similarly associated with Trust.Zone VPN: a service that cares about privacy, It prevents your ISP provider from tracking your movements through the Internet, as well as not keeping any records of your activities.
Cons
  • Overall everything is great the team the support awesome project, Can't find any problem!

Revainrating 3 out of 5

I dont know, people are saying its not promoted properly, and yes thats true…

I dont know, people are saying its not promoted properly, and yes thats true, but until they get everything sorted out and running smoothly, do they really want publicity? publicity that will bring thousands of people to something that may not work correctly everytime? i think theyre doing the correct thing by sorting the software before the image.

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.

Revainrating 4 out of 5

ytecoin is a private, decentralized cryptocurrency with open source code that…

ytecoin is a private, decentralized cryptocurrency with open source code that allows everyone to take part in the Bytecoin network development. Privacy and security come naturally from using Bytecoin. The best solution for those who want to keep their financial privacy.

Pros
  • 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
Cons
  • nothing nice project

Revainrating 4 out of 5

For those who are looking forward for a way to take advantage of…

For those who are looking forward for a way to take advantage of cryptocurrency without having their actual identity linked with the transactions, this network is a way to provide the much needed privacy for them. It has different applications for businesses, customers and investors. However, it has been under the use of people from last few years. It has built up a strong reputation over this time. It is really easy to use and worthy to consider for those who are looking forward for more…

Pros
  • Bytecoin algorithms don’t allow other users to know your wallet balance, to whom you send money and where you receive your funds from. 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. Bytecoin is the first private untraceable cryptocurrency using the Cryptonote algorithm, it provides low-fees instant and international payments, privacy and security to your finances and data.
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