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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.

Pros
  • Your project sounds good, the structure and the concepts was very good, users are more engaged and ready to join the project. That's why the project is going to far. I hope this project get more success in the future. So keep it up guys and all the best for your bright future.
Cons
  • The anonymous ability also has its bad side.

Bytecoin is an open process that uses computer power from all members of the network. Every user can join the Bytecoin network and participate in the Bytecoin release process.

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
  • What functions will be available after hardfork? Will the project be integrated into payment systems and how will the scalability problem be addressed?

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.

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
  • 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
  • I think total BCN supply exceeded. 184,470,000,000 BCN

Like Bitcoin or Ethereum, Bytecoin is traded entirely on the Internet. The privacy of the transaction is protected by secure cryptographic algorithms, so that no one can determine who is sending the money, who the recipient is, and how much money is being exchanged.

Pros
  • Bytecoin virtual currency transaction processing is carried out by the entire user network. However, no participant has access to the transaction details. All transfers are anonymous.
Cons
  • no profit for the miner.

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.

There are two ways to earn Bytecoins. You can join network maintenance and get rewards for it, or buy BCN directly on the exchange.

Pros
  • Bytecoin is resistant to hacks. Cryptographic algorithms that we've used to power the currency are impossible to crack. Any attempt to figure out your account key would require an enormous amount of resources which makes an attack unprofitable.
Cons
  • The community is not big enough and not connected.

You can increase Bytecoin network security through currency mining for which you get rewards in BCN. Bytecoin algorithms offer no advantage to GPU mining which means that you can mine even with an average office computer. There is no need in buying ASIC devices.

Pros
  • Bytecoin will be integrated into Satowallet in their new Android, IOS, and PC App upgrade! https://twitter.com/SatoWallet/status/1037673513631526912
Cons
  • Investors do not have much confidence in BCN

New updates and features those being prepared to be released in near future, can move the price. It was in May last time when price went over 100 satoshi now few other old coins have broke the trend recently. Bytecoin also can show quick spike. A 3x isn't at all but if market becomes more friendly then targets can be revisited.

Pros
  • 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. During transaction processing users have no access to the information concerning sender, receiver, or the amount of money transferred.
Cons
  • Daily trading volume is low.

Mining in the resulting network generates new money, serving as a reward for users who use their computing power to process 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
  • Listed on many exchanges but low liquidity.

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 is international in nature. Bytecoin enables global secure and secure transactions, providing the convenience of currency transactions completely free of charge.
Cons
  • Investors do not have much confidence in BCN

Bytecoin is an open process that uses computer power from all members of the network. Every user can join the Bytecoin network and participate in the Bytecoin release process.

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
  • Daily trading volume is low.

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 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
  • It should promote marketing and community building.

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

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
  • 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
  • The community is not big enough and not connected.

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

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
  • The anonymous ability also has its bad side.

Like Bitcoin or Ethereum, Bytecoin is traded entirely on the Internet. The privacy of the transaction is protected by secure cryptographic algorithms, so that no one can determine who is sending the money, who the recipient is, and how much money is being exchanged.

Pros
  • Your project sounds good, the structure and the concepts was very good, users are more engaged and ready to join the project. That's why the project is going to far. I hope this project get more success in the future. So keep it up guys and all the best for your bright future.
Cons
  • no profit for the miner.

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.

Pros
  • Bytecoin virtual currency transaction processing is carried out by the entire user network. However, no participant has access to the transaction details. All transfers are anonymous.
Cons
  • Frequently encountered issues of withdrawal on the trading floor.

Revainrating 5 out of 5

overall this is very good, they offer transaction privacy protected by a…

overall this is very good, they offer transaction privacy protected by a secure cryptographic algorithm where one can identify who the money is, who is the recipient, and how much money is transferred. very good convenience.

Pros
  • byetcoin is different from fiat money transactions, where your money is processed through intermediaries, banks, or financial institutions, with byetcoin transactions between Bytecoin users made via the Internet which makes transactions much more reliable.
Cons
  • They don't have many customers.

I have my investments here and to the best of my knowledge, 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. The Bytecoin network works as fast as the internet. Your payments will take a little bit of time to…

Pros
  • BCN has a dedicated development team and it is quite big in terms of total number of contributors. Frequent updates and a genuine approach to its usecase is paramount amongst the founders and the team. The communty too is bubbling an I like the energy there anytime am free to read up chats
Cons
  • Wallet stability issues. I heard it will fix and test all bugs in new release. I heard there would be a fix, but until that hapens, its seen as a con on this project.