Bytecoin (BCN) Cryptocurrency Review- Alternative Anonymous Cryptocurrency! Some reports online will inform you the creators of Bytecoin really are a mysterious group of individuals. However, that is not true: that the complete list of staff members and Bytecoin programmers is listed publicly on Bytecoin.org.
Bytecoin (BCN) is a cryptocurrency first launched back in July 2012. When it started, it was priced at around 10 satoshis, and it stayed at that price for the majority of its history. On the other hand, the price of BCN rose abruptly on May 17 into a record high in 109 satoshis around Poloniex.
Bytecoin has one critical distinction from different cryptocurrencies: it had been the primary altcoin affirmed CryptoNote technology. The altcoin is usually known as a”totally anonymous cryptocurrency”. An amount of the advantages of the cryptocurrency embrace the use of ring signatures further as one-time cryptocurrency addresses.
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
Another unique feature of Bytecoin is that it was not made from a fork of bitcoin code. On the contrary, it was coded from scratch.
Bytecoin”protects the user’s cash with the foremost secure and fashionable cryptographic algorithms” that”are not possible to hack on”. The makers of Bytecoin assert that hacking the currency” would need a Brobdingnagian quantity of pricey electricity and procedure power of a supercomputer”. For that reason, you are the sole one who will access your wallet.
There are two ways to have Bytecoins: you can donate to network care using your computer’s computing capacity; or, you can buy Bytecoins directly from exchanges (most major exchanges list BCN).
