Related information

Issue Time

2012-07-04

Platform pertained to

Current price

$0.00002618USD

Market Cap

$4.798mUSD

Volume of Transaction

24h

$1,350.09USD

Circulating supply

184.066bBCN

Volume of Transaction

$4,209.33USD

Change

24h

0.00%

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Introduction

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Bytecoin is a privacy-centric cryptocurrency that was launched in 2012, making it one of the earliest digital currencies to emphasize anonymous transactions. It uses CryptoNote technology, which focuses on achieving strong privacy through ring signatures and one-time addresses. These features ensure that transactions on the Bytecoin network are untraceable and unlinkable, providing users with a high degree of privacy.

Bytecoin aims to serve as a secure and private medium of exchange, with its underlying technology also supporting self-executing smart contracts for creating and executing decentralized applications. This makes Bytecoin not only a tool for private transactions but also a platform for building privacy-oriented applications.

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User Reviews

9 ratings

Participate in evaluation

Lord

Tokenomics of Bytecoin has me concerned. The economic sustainability is questionable due to the unclear inflation/deflation pattern. It's a tricky terrain for potential investors - sure needs more clarity.

2024-02-19 11:35

Lixingle

"Token distribution of Bytecoin needs improvement. It appears concentrated which runs the risk of centralization, eroding the inherent value of blockchain."

2024-02-06 23:03

JY-RS

Bytecoin's historical price performance exhibits high volatility, which can be quite worrisome for the risk-averse investor. Despite high peaks, the frequent drastic lows are a red flag.

2023-12-09 15:48

xmj

"Bytecoin's past is tainted by some security breaches, but their response was impressive in patching up. They've taken actions to regain trust, but caution is still suggested."

2024-01-08 03:31

summer79877

"Bytecoin shines in matters of security! Their detailed audit reports underscore highly trusted community practices. Exceptional commitment to safety!"

2024-01-11 01:21

Shaun

"The blockchain technology behind Bytecoin is simply astounding, demonstrating unparalleled scalability and a consensus mechanism that ensures anonymity. Trust me, you'll love it!"

2024-01-09 08:46

Zen Kai Ong

"While Bytecoin's blockchain tech is solid, the community sentiment seems to fall short. Participation is low and developer support could be improved."

2023-10-11 15:44

FTS sys17343073191

"Bytecoin tackles the regulatory environment head-on, with a committed posture towards staying ahead of compliance. Demonstrates potential resilience in an evolving landscape."

2023-10-18 18:35

Mani Kumar Magar

"Bytecoin truly hits the mark with practical real world application. Their problem-solving potential continues to meet a thriving market demand, a testament to its superior utility."

2023-11-04 15:26