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2 Karma

Review on Bytecoin by Phuc Phan

Revainrating 3 out of 5

Miners can not access the user's financial data because Bytecoin protects the…

Miners can not access the user's financial data because Bytecoin protects the identity of the sender and recipient, and hides the amount transferred.As a reward, miners receive about 65,000 BCN every 120 seconds. This approach allows for the release of new currency and non-fee transactions.
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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
  • It should promote marketing and community building.

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