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Review on Bytecoin by Juliette Loius
Bytecoin is a private, decentralized blockchain platform that works as an open…
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
