Review on Bytecoin by hung toan

Name: Bytecoin
Item: Bytecoin
Rating: 4

September 15, 2018

Bytecoin is a private, open-source crypto project since 2012. By focusing on…

 Bytecoin is a private, open-source crypto project since 2012. By focusing on the decentralization, fully anonymity and untraceable transactions, these are, nowadays, becoming more and more highly-demanded trend. Bytecoin could become a unicorn in the blockchain space.
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Pros

long-term established project in crypto space since 2012 till now, It is an evidence for the truly professional team, legitimate project. supporting by a huge community, Bytecoin is a project based on cryptonote technology which allows free-fee instant transaction. #BCN could be considered as long-term project investment.

Cons

Bytecoin's technology (CryptoNote) seems less unique nowadays. There are few crypto projects currently consider as most direct competitors such as Zcash, Monero, Horizen, etc.