BCN – Bytecoin

Live Price

bytecoin
bytecoin

Bytecoin (BCN)

Price
$ 0.000709

Key Info

Average Blocktime9.6 minutes
Median Transaction Fee$0.0746
Block Size718k
Coin Circulation Limit21 million
Beta Coefficient0.8913
CategoryCurrency

Historical Returns

Coin Ratings

Bytecoin
SymbolCrypto ScoreVolumeVolatilityLiquidityIndustryApplicationMarketcapSupplyVolume (24h)Last 24h
BCN4.981.659.471.335.666.77$ 130.44 M184.07 B$ 99.96 K

Coin Summary

Bytecoin is a privacy-based cryptocurrency which uses ring signature technology to complete unanimous, untraceable transactions. Bytecoin is a soft-coded, open-sourced blockchain with the robust ability to change its system to increase the scalability of the network. The blockchain readjusts the mining difficulty of each block to account for hash rate variability. The project hopes to revolutionize finance processes through reducing transaction fees, decentralizing payment facilitation, and allowing a network which is accessible by all types of hardware, advanced and non-advanced. There new proof of work algorithm strides to connect CPUs to GPUs and ASICs miners to connect and contribute to the blockchain network. The currency is one of the earliest cryptocurrency blockchain projects, released in 2012 and is directly correlated to Monero as XMR in fact is a fork of this privacy based project.

What is Bytecoin?

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