Bytecoin
by Bytecoin
5/5
Bytecoin is a decentralized blockchain platform whose primary focus is privacy.
Average Rating2 Ratings
Overall
5/5
Will this currency still be used in 10 years?
5/5
How scalable is this currency?
5/5
How adaptable is this currency to the changing needs of the market?
5/5
How effective is this currency as a medium of exchange?
4/5
How effective is this currency as a store of value?
5/5
Company Details
- Bytecoin
- https://bytecoin.org
- Privacy Focused Blockchain
Token Stats
About Bytecoin
Bytecoin is a privacy focused blockchain that aims to be completely anonymous. It is the first digital currency based on CryptoNote technology and uses ring signatures. Bytecoin utilizes one-time addresses and multi-signatures to enhance security. Bytecoin has high transaction speeds and users are in complete control their personal information. Any identifiable details can only be seen if you allow it. Bytecoin, and CryptoNote, have led to several popular forks. Monero and Dash are both Bytecoin forks. The CryptoNote Proof-of-Work (PoW) algorithm was designed to provide ASIC resistance and enables anyone with a personal computer to mine it.
