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Revainrating 4 out of 5

Unlike fiat money transactions, where your money is processed through an…

Unlike fiat money transactions, where your money is processed through an intermediary, bank, or financial institution, transactions between Bytecoin users are carried out over the Internet which makes the transactions much more reliable. Transaction privacy is protected by secure cryptographic algorithms whereby no one can identify who sent the money, who the receiver was, and what amount of money was transferred.

Pros
  • Another revolutionary project that kick started in the year 2012. Bytecoin is an open-sourced decentralized cryptocurrency with untraceable payments, which is the major attribute for which it is known, and for which I picked interest in its operations
Cons
  • I actually have a problem with the supply of BCN. 184 Billion BCN is way too much for such a project

Miners can not access the user's financial data because Bytecoin protects the identity of the sender and recipient, and hides the amount transferred.As a reward, miners receive about 65,000 BCN every 120 seconds. This approach allows for the release of new currency and non-fee transactions.

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 see the actual application from the platform.

as a whole I think they are very solid, BCN has a high level of security, they use cryptographic algorithms that they have used to ignite currencies that cannot be cracked. that's good idea.

Pros
  • in my opinion Bytecoin is resistant to hacking. The cryptographic algorithms that they have used to ignite currencies cannot crack. Any attempt to find out your account key will require a large amount of resources that make the attack unprofitable. their technology is very sophisticated.
Cons
  • they still don't have many customers and their website display is very difficult.

This network is one way to provide personal information that will be of great help to those who are looking for ways to leverage cryptocurrency without linking real identities to transactions. There are many applications for companies, customers and investors. However, it has been used by people in recent years. During this period It got a good reputation. It is useful for people who are really easy to use and want to enhance security through decryption.

Pros
  • Bytecoin is a personalized and distributed open source cryptocurrency. Everyone can participate in this network development. The security and privacy of the crowd stands out. However, it is emerging as a solution for people looking for financial privacy using cryptocurrency.
Cons
  • Monero,dash , zcash are some of the project that bytecoin is in competition with and these other projects are more adopted than bytecoin.

The price of Bytecoin gradually became more expensive over time, as the issue was limited to 184.47 billion BCN. Quantity released every 120 seconds slightly decreased. As a result, BCN increased its value and increased the exchange rate.

Pros
  • One of the projects that has long been on the market. I think the price will surely go up because the project is very famous and it is developing. If the developers adopt it for the market and micropayments, this will be a stunning success.
Cons
  • is a long and aging platform that needs upgrading.

Revainrating 5 out of 5

I think they have a good and trustworthy project, BCN was founded by a…

I think they have a good and trustworthy project, BCN was founded by a professional team, BCN uses a decentralized network financial system that provides the costs needed in currency operations.

Pros
  • They have the basis of a decentralized network financial system that provides the costs required in currency operations. Such an approach allows the Bytecoin financial system to determine optimal conditions when operating efficiency is the highest.
Cons
  • they must increase promotion so that many people use BCN.

Revainrating 5 out of 5

The emission is an open process which employs the computing powers of all…

The emission is an open process which employs the computing powers of all network members. Any user can join the Bytecoin network and take part in the emission process (thus, becoming a miner). Bytecoins are gradually getting more expensive over time, since the emission is limited to 184.47 billion coins. Each 120 seconds is slightly decreasing. As a result BCN gains value and the exchange rate increases.

Pros
  • Is a private, decentralized cryptocurrency with untraceable payments. Is an open-sourse, that allows everyone to take part in the Bytecoin network development. The best solution for those who want to keep their financial privacy. Instant private transactions are provided all around the world by the Bytecoin Network.
Cons
  • Many new altcoin networks that offer the same services as BCN.

Revainrating 4 out of 5

Bytecoin's algorithmic proof-of-work program CryptoNote developed by BCN…

Bytecoin's algorithmic proof-of-work program CryptoNote developed by BCN developers in collaboration with the CryptoNote team, is designed to make CPU and GPU mining equally economical and prevent ASIC mining. Bytecoin Roadmap contains colored coins and assets and Turing full language for on-blockchain scripts in the near future. It has been split twenty-five times but it still remains the most productive CryptoNote coin in terms of market capitalization.

Pros
  • Bytecoin has a key feature that distinguish it from other cryptocurrencies. It runs on the CryptoNote technology. It's one of the totally anonymous cryptocurrency. One of the benefits of this cryptocurrency is that it uses more than one unique crypto currency address to use ring signatures
Cons
  • It's untraceability ability makes it a coin choice for people of the dark world like drug dealers, tax evaders,money launderers.

Nowadays, the high demand for anonymity and untraceable payments are the key to the next generation of cryptocurrency. When Bytecoin enters the new market, it is immediately accepted. Bytecoin has great growth potential in our vision. Bytecoin is already in the top 30 for all cryptocurrencies, but opening up new markets and building new partnerships will take on a whole new dimension.

Pros
  • Bytecoin is one of the fastest ways to send your coins anonymously. It usually takes up to 2 minutes for the transaction to appear in the blockchain. Another example that distinguishes BCN from other privacy-centered coins is that it offers the lowest transaction fees available.
Cons
  • Bytecoin seems to be in the last leg or forgotten cryptocurrency. The Marketcap valuation is high but there is no news or other information to justify it's really alive.

Bytecoin is a personally distributed blockchain platform that works with the open source code system. In this way everyone can join the network. It seems to be one of the best block chains that guarantee users high financial privacy. YouTubers have developed platforms that offer anonymous offerings all over the world. There is no charge for a transaction.

Pros
  • Users control their personal information. Partners and third parties will only be able to see your personal information if you allow them. Otherwise there is no way to break security. - Works as a distributed platform. - The more users participate in the platform, the more reliable the network.
Cons
  • The platform is not so unique these days because of the many new altcoin networks that offer the same services as BCN. It is complicated to update each time a new cryptocurrency appears. - Some users are not excited about Bytecoin Wallet. They always say it should match.

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

Pros
  • The transaction fee will be calculated based upon what the user would like to pay. The higher the fee they will offer the faster their transaction will be processed. This fee will be regulated by the market. Higher fee, the faster processing of transactions, lower fee, the transaction will be processed slower. About smart contracts, that is more directly connected with Ether. The Bytecoin team is working on anonymous tokens but this is still a good deal away.
Cons
  • Frequently encountered issues of withdrawal on the trading floor.

Bytecoin (BCN) is the first cryptocurrency launched in July 2012. It is the first Altcoin based on CryptoNote technology. Altcoin is often called "completely anonymous cryptocurrency". It uses both ring signatures and one-off cryptocurrency addresses. There are two ways to get bytecoins. You can use your computer's computing power to help maintain your network. Or directly from the exchange (most major exchange list BCN).

Pros
  • Fee-free Instant Payment: Processing takes some time, as payment requires encryption verification. Bytecoin Claims transactions are processed in about two minutes. Security: Bytecoin's creator claims "you need expensive supercomputer's electrical and computing power to hack" the currency. Because of this, you are the only person who has access to your wallet. Secure Personal Information: Bytecoin claims "it is absolutely impossible to obtain information about your financial transactions and wallet balance" unless you decide to divulge the information. Only you can manage the information displayed to business partners and third parties.
Cons
  • There are lots of projects in it's category offering one or all of it's services like zcash,verge, dgb e.t.c that has achieved way better than it.

Overall they have a clear and very good project, they have a clear mission they will develop a new financial system, more efficiently than they already are, which provides all the same functions at a lower cost to users.

Pros
  • BCN ensures efficient currency operations at a minimum cost. BCN has sought and they believe that improving the existing financial system, as well as designing and implementing new ones that will serve the same purpose even more efficiently is a must. and I am sure they will improve the existing financial system.
Cons
  • Digital financial technology is the latest breakthrough from BCN they have to provide socialization to many people.

This is a zoo project and have the major development to be future. Project that may to provide multiple utilities in the cash transaction....

Pros
  • It was found it and the well development in the future future. same as a development team and support not supported.
Cons
  • Not unused mode to large in this project.

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 download special software that creates a wallet for you. Using this software, you can start sending money to other users or receive payment from them.

Pros
  • Fee-free instant international payments: The Bytecoin network works as fast as the internet. Bytecoin “protects user’s money with the most secure and modern cryptographic algorithms” that “are impossible to hack”. The makers of Bytecoin claim that hacking the currency “would require immense amount of expensive electricity and computational power of a supercomputer”. For that reason, you’re the only one who can access your wallet.
Cons
  • Payments on the Byte network takes a little bit of time to process, as payments require cryptographic confirmation.

Bytecoin was born in 2012, is an open source currency based on the cryptonote protocol and focuses on the privacy of its users' transactions. for having an active community, immense in 6 languages ​​and for being an open source crypto, the same, can make constant advances that best meet their needs. congratulations to the community and to the creators of bytecoin, a currency with a great future ahead.

Pros
  • A currency with great potential for growth, being open source can be made improvements to benefit its users and still has the advantage that all your transactions are anonymous.
Cons
  • for being a relatively "old" currency has a solid project and a developed community. so I do not see any flaw in the project that shows any flaw that can not be corrected to the will of the community.

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. The creators designed a platform that provides anonymous transactions anywhere in the world. Its also noteworthy that you dont get charged on this network

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. You are the only one who controls your personal wallet. The platform has an innovative and strong security, so there is a very low possibility of hack attacks
Cons
  • The platformm isn’t so unique nowadays , because of many new altcoin projects that provide the same services as BCN. It’s complicated to get renewed every time a new cryptocurrency appears

Bytecoin is the first cryptocurrency based on the CryptoNote technology with an open source code designed for anonymous cash settlement. BCN protects the user's privacy with impassive and anonymous transactions.

Pros
  • The buying rate of this bytecoin is quite feasible and the further processes of trading, securing and back-ups are commendable.. You can give it a try.. Bet a bitcoin & transform the way you spend, invest and expand!!!
Cons
  • The last 2 days have been very decisive for the entire Bytecoin project. BCN, which recently had an $8 million daily trading volume, is now trading at...

Bytecoin is the first cryptocurrency based on the CryptoNote technology with an open source code designed for anonymous cash settlement. BCN protects the user's privacy with impassive and anonymous transactions.

Pros
  • The buying rate of this bytecoin is quite feasible and the further processes of trading, securing and back-ups are commendable.. You can give it a try.. Bet a bitcoin & transform the way you spend, invest and expand!!!
Cons
  • The last 2 days have been very decisive for the entire Bytecoin project. BCN, which recently had an $8 million daily trading volume, is now trading at...

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 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
  • Listed on many exchanges but low liquidity.