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4 Karma

Review on Bytecoin by Marco Söppel

Revainrating 4 out of 5

Bytecoin is going to be a very important cryptocurrency in relation to privacy…

Bytecoin is going to be a very important cryptocurrency in relation to privacy. They are one of the oldest blockchain projects. They wan’t to improve Bitcoin and not consider Bytecoin as a Bitcoin replacement. I think it is very important to have multiple strong currencies to ensure the satisfaction of all customers in the future in the market.



Pros
  • Cryptonote based project. International and untraceable payments without any additional fees. Very fast transactions.
Cons
  • 80% of all coins were premined before the public release. Already similar cryptos like Monero, Zcash. No “celebrities” working on Bytecoin. not listed on some important Exchanges like Binance, OKEx, Houbi etc.

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