1 Level
6 Review
11 Karma
Review on Bytecoin by thien song cuong
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.
