Review on Bytecoin by Sheila Cova
Bytecoin Project
It is a private, decentralized currency with non-traceable payment methods through the use of ring signatures on your transactions.
Transactions cannot be linked, that is, due to granting multiple addresses to a single user, the user cannot track the transaction.
It is a scalable open source platform that generates blocks every 2 minutes due to its flexible blockchain.
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Pros
- Transactions are free of charge and are executed quickly.
- Almost anonymous data privacy and high-level security with secure cryptographic algorithms.
- It has a native BCN token, although it does not have the expected development.
Cons
- The purchase of the token can be done in several exchanges but only in BTC, ETH and USDT and does not support purchase through fiat currencies.
