1 Level
15 Review
22 Karma
Review on Bytecoin by Tiger Lee
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 security with their cryptocurrency.
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
