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Revainrating 4 out of 5

With Bytecoin, it is very impossible for a third party to obtain your…

With Bytecoin, it is very impossible for a third party to obtain your financial data. This includes your wallet balance or any other financial transaction performed with BCN. Unless you choose to share this information with others, it will remain hidden. You are the only person who can manage what third parties should and should not see

Pros
  • Bytecoin uses ring signatures to make transactions completely untraceable. By using pseudo-random numbers, the parties involved in the transactions are kept truly anonymous.
Cons
  • Overall everything is great the team the support awesome project, Can't find any problem!

Bytecoin is a cryptocurrency which is around the corner since July 4, 2012 and it has a growing community on Reddit. There are almost 11,150 readers on Reddit at the time of writing this post. However, the community is growing day by day and people are glad to invest in this cryptocurrency. There are several reasons why this network is admired by people. There are people that are happy with the services offered by this network and then there are people that are happy due to the security and…

Pros
  • Bytecoin advertises itself as a totally anonymous altcoin and as the first enterprise-ready altcoin. Let’s take a closer look at some of the advertised features of Bytecoin: Fee-free instant international payments: The Bytecoin network works as fast as the internet. Your payments will take a little bit of time to process, as payments require cryptographic confirmation. Bytecoin claims transactions are processed in about 2 minutes.Bytecoin is a decentralized open source cryptocurrency with impossible to track payments that started in 2012 and is currently still working on the project Reviewed in Okex, similarly associated with Trust.Zone VPN: a service that cares about privacy, It prevents your ISP provider from tracking your movements through the Internet, as well as not keeping any records of your activities.
Cons
  • You mine BCN in MinerGate pool. You can use MG’s app for mobile devices or download the desktop miner which is more profitable. MinerGate’s software is very easy to use.

Revainrating 4 out of 5

With Bytecoin, it is very impossible for a third party to obtain your…

With Bytecoin, it is very impossible for a third party to obtain your financial data. This includes your wallet balance or any other financial transaction performed with BCN. Unless you choose to share this information with others, it will remain hidden. You are the only person who can manage what third parties should and should not see.

Pros
  • Bytecoin uses ring signatures to make transactions completely untraceable. By using pseudo-random numbers, the parties involved in the transactions are kept truly anonymous.
Cons
  • Overall everything is great the team the support awesome project, Can't find any problem!

Revainrating 3 out of 5

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…

Pros
  • Bytecoin is a private and decentralized cryptocurrency which features an open source code. Well, anyone can take part in developing this network. It stands out from the crowd when it comes to security and privacy. However, it markets itself as a solution for people who are looking for financial privacy with the help of cryptocurrency. With the help of this coin, users can perform private transaction quickly by sitting anywhere in the world to any other place in the world. However, all the transactions on this network are completely untraceable and you will have to pay no extra fees. It is because it is bound through the internet and it is automatically international, it is different from fiat currencies that have their own areas.
Cons
  • The reliability of this network comes directly from the fact that users help. You will have the option to let some of your computer’s power to be allocated for the operations of this network. However, the reliability of this network is determined by combining computational power of the computers that are processing the transactions. However, the processing power increases as the number of computers increase which increase the reliability of this network. It means while every single transaction, the money within your wallet will remain protected. However, the safety of your money isn’t dependent on the reliability of a network and it always remain safe.

Bytecoin has one vital distinction from different cryptocurrencies: it had been the primary ever altcoin supported CryptoNote technology. The altcoin is often known as a “totally anonymous cryptocurrency”. a number of the benefits of the cryptocurrency embrace the use of ring signatures further as one-time cryptocurrency addresses.

Pros
  • The Bytecoin network works as quick because the net. Your payments can take a little bit of time to method, as payments need cryptographic confirmation. Bytecoin claims transactions are processed in regarding 2 minutes.
Cons
  • Customer Service and whole time great for me no problem, Great project

Revainrating 4 out of 5

Users control their privacy. The partners and third parties will see your…

Users control their privacy. The partners and third parties will see your personal information only if you allow them to do so. If not, there isn’t any possibility to break the security; The Bytecoin network works as fast as the internet, it’s the first cryptocurrency based on CryptoNote technology. Bytecoin remains to be the first cryptocurrency that introduced the CryptoNote technology. During the platform’s existence, there were recorded increased mining profits. The fact that Bytecoin is st

Pros
  • You will not be charged for transactions. The platform provides a high speed and volume of payment transfers. The designers assure users they only need 2 minutes to get the confirmation. Bytecoin is the first type of cryptocurrency which ensures that secure CryptoNote protocol can be used for the security of users. It provides 100% untraceable transactions with the help of ring signatures and stealth addresses.
Cons
  • The platform isn’t so unique nowadays, because of many new altcoin networks that provide the same services as BCN. It’s complicated to get renewed every time a new cryptocurrency appears, There are users that aren’t excited about the Bytecoin Wallet. They say it doesn’t synchronize all the time as it should.

There are infinite possibilities when it comes to blockchain technology and cryptocurrency, and maintaining privacy in transactions is just one area that's being worked on. Bytecoin has been around since 2012 – a dinosaur, in crypto terms – but it never really had the breakthrough success that Bitcoin and its other forks have had. Is it possible that 2018 will see Bytecoin finally get adopted by more people? Will its price ever get higher than 10 cents? It's hard to say, but if Bytecoin starts…

Pros
  • While Bitcoin is the only cryptocurrency most people can name, there are countless others that have sprung up to do a different take on what cryptocurrency can do. Some focus on the way it's mined, others offer different rewards and features their coins can be used for.
Cons
  • Customer service is low quality! take too much time to respond.

The only thing you need to do is download the special software to create the wallet Bytecoin for you. The fact that Bytecoin is still available convinces us that is worth our investments. Bytecoin is different from other cryptocurrency platforms due to the fact that it’s the first altcoin based on CryptoNote technology. Bytecoin is an open cryptocurrency. If you decide to start using the currency, you can voluntarily take part in the operation of the network. The only thing you need to do is…

Pros
  • As with any altcoin outside of the top 5 or 10, there’s a potential to earn mining profits from Bytecoin right now. Ever since the price surged, there’s been an enormous growth in mining activity. However, the algorithm of Bytecon which is known as CryptoNight was created by BCN developers in collaboration with CryptoNote team.
Cons
  • Fee-free instant international payments: The Bytecoin network works as fast as the internet. Your payments will take a little bit of time to process, as payments require cryptographic confirmation. Bytecoin claims transactions are processed in about 2 minutes

Revainrating 5 out of 5

bytecoin is the decentralized privacy based cryptocurrency. Having better…

bytecoin is the decentralized privacy based cryptocurrency. Having better transaction and full trustable coin. In the market, it has the excellent stand.

Pros
  • Bytecoin is a one of the worlds oldest private and decentralized cryptocurrency. bytecoin transactions are untraceable. The users can transact without lick his own identity. bytecoin is a financial privacy based cryptocurrency. Currently, so many merchants are accepting bytecoin.
Cons
  • we can mostly find wallet related issues like bytecoin doesn't support well in hardware wallet, withdrawal process is also late.

Bytecoin is a next generation completely anonymous cryptocurrency launched July 4, 2012, making it the first Cryptonote currency of its kind. Bytecoin is unlike any other cryptocurrency as it allows anonymity by using Ring Signatures to hide wallet balances and transactions, making any transaction you make effectively unlinkable.

Pros
  • 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.
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.

Revainrating 5 out of 5

Bytecoin is the first type of cryptocurrency which ensures that secure…

Bytecoin is the first type of cryptocurrency which ensures that secure CryptoNote protocol can be used for the security of users. It provides 100% untraceable transactions with the help of ring signatures and stealth addresses. However, the algorithm of Bytecon which is known as CryptoNight was created by BCN developers in collaboration with CryptoNote team. It was designed to make GPU and CPU mining equally effective and limit ASIC mining. Its roadmap includes colored coins and assets. It was…

Pros
  • Bytecoin (BCN) is a cryptocurrency first launched back in July 2012. When it launched, it was priced at around 10 satoshis, and it remained at that price for most of its history. However, the price of BCN rose suddenly on May 17 to a record high of 109 satoshis on Poloniex. Bytecoin has one important difference from other cryptocurrencies: it was the first ever altcoin based on CryptoNote technology. The altcoin is frequently called a “totally anonymous cryptocurrency”. Some of the advantages of the cryptocurrency include the utilization of ring signatures as well as one-time cryptocurrency addresses.
Cons
  • Bytecoin remains to be the first cryptocurrency that introduced the CryptoNote technology. During the platform’s existence, there were recorded increased mining profits. The fact that Bytecoin is still available convinces us that is worth our investments. Bytecoin is different from other cryptocurrency platforms due to the fact that it’s the first altcoin based on CryptoNote technology. It was called ”a totally anonymous cryptocurrency”. The platform uses multi-signatures to create a stronger security. Also, it works with one-time cryptocurrency addresses.

Convenient tools for your business Bytecoin is an open network. All you need to join is Internet access. Detailed manuals and a simple setup allows you to accept Bytecoin hassle-free. We've made every aspect of Bytecoin as easy to use as possible. Should you require any assistance while setting up or using Bytecoin for your business, we will gladly help you.

Pros
  • You can participate in network activity by allocating the computing power of your computer. Because of this mechanism, transaction processing is decentralized, allowing one to be not only a user but also a participant.
Cons
  • Frequently encountered issues of withdrawal on the trading floor.

Revainrating 4 out of 5

I am expecting the next update of the project. The benefits that Bytecoin…

I am expecting the next update of the project. The benefits that Bytecoin brings in the future will be quite large when the coin value is very low now.

Pros
  • Bytecoin (BCN) is an open-source cryptocurrency that is decentralized, Bytecoin is created using CryptoNote technology. Anyone interested can join the Bytecoin network and participate in the currency development.
Cons
  • I don't know where its real value lies.

All Bytecoin virtual currency transactions are made in 120 seconds. The miner ensures that the transaction is handled correctly and provides password protection for transactions and personal data.

Pros
  • Bytecoin will be integrated into Satowallet in their new Android, IOS, and PC App upgrade! https://twitter.com/SatoWallet/status/1037673513631526912
Cons
  • I don't know where its real value lies.

If you set up a high anonymity level for your transactions, nobody will know where you receive money from or where you send it. This is entirely impossible to figure out,Transaction processing requires a significant amount of computing resources. Users who join the network can allocate time to the computer to process the transaction. As a reward they receive the BCN. This process is called mining.

Pros
  • Bytecoin algorithm does not allow other users to know the balance of your wallet, you send money as well as where to get your money.
Cons
  • The anonymous ability also has its bad side.

he Bytecoin emission rate is decreasing over time, which means that the value of each BCN is gradually increasing. You may join Bytecoin mining or purchase BCN on an exchange. The value of your Bytecoins will only increase.

Pros
  • The Bytecoin web/mobile wallets now support Korean and Japanese. Users can access either wallet on the Bytecoin website at: https://bytecoin.org/downloads
Cons
  • It should promote marketing and community building.

Revainrating 4 out of 5

A pioneer in crypto and has a good future when the markets starts to gain…

A pioneer in crypto and has a good future when the markets starts to gain momentum again, Byte-coin is one of the things to watch out for

Pros
  • One of the oldest crypto coins in the existence. Allows anonymous payments between people and protect the privacy.
Cons
  • Does not allow to check the balance of other people. hence difficult to understand cheaters and fraud sellers.

You can receive and make instant transactions without any fees all around the world. This is possible due to transaction processing being conducted by network users who are rewarded by the network itself. 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.

Pros
  • Bytecoin is a private, decentralized blockchain platform that works as an open-source code system. This allows everyone to involve in the network. It seems to be one of the best blockchains that assure users about high financial privacy. Like Bitcoin or Ethereum, Bytecoin is traded entirely on the Internet.
Cons
  • Higher fee, the faster processing of transactions, lower fee, the transaction will be processed slower. Bytecoin couldn't support any hardware wallet so users can not save their bytecoin securely. I heard there would be a fix, but until that hapens, its seen as a con on this project.

While other virtual currencies have fallen sharply on each block, the Bytecoin release is slowing, to protect the currency from economic shocks.

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
  • Many people focus on the profit that BCN brings rather than the BCN platform.

Convenient tools for your business Bytecoin is an open network. All you need to join is Internet access. Detailed manuals and a simple setup allows you to accept Bytecoin hassle-free. We've made every aspect of Bytecoin as easy to use as possible. Should you require any assistance while setting up or using Bytecoin for your business, we will gladly help you.

Pros
  • v3.3.0 Extended Release Notes have been released on the Bytecoin official blog. You may check them out here: https://bytecoin.org/blog/Max%20Hasselhoff,%20Technical%20Support%20and%20Integration%20Engineer
Cons
  • Many people focus on the profit that BCN brings rather than the BCN platform.