Bytecoin (BCN) Cryptocurrency Review

Bytecoin (BCN) Cryptocurrency Review. You can’t fully define Bytecoin without talking about CryptoNote protocol, as Bytecoin is the first cryptocurrency implementing it. CryptoNote is a protocol built to make cryptocurrencies more secure. It works like Bitcoin’s protocol in terms of using public addresses and public keys, but, unlike Bitcoin, Bytecoin transactions hide all the connections of sender and receiver.

Bytecoin (BCN) is a cryptocurrency that is not really popular compared to Bitcoin, so here are some information regarding it. Bytecoin was launched on July 2012, making it the first cryptocurrency to implement CryptoNote protocol, providing 100% untraceable and unlikely transactions due to ring signatures and stealth addresses.

It has remaining one of the most stable cryptocurrencies, with a steadily growing community, and highly reliable team of developers.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

Bytecoin (BCN) Cryptocurrency Review

Bytecoin may not be as publicized as some of the other “anonymous” cryptocurrencies, but it certainly has great potential. When others have been working on building their currency to be more attractive, or to satisfy a wide range of users, the Bytecoin team has been tirelessly working to perfect Bytecoin’s anonymizing technology. At the same time the community has been allowed to grow organically, with users who understand the currency, and know why it is the right choice for their needs.

For those who are looking forward for a way to take advantage of cryptocurrency without having their actual identity linked with the transactions, this network is a way to provide the much needed privacy for them. It has different applications for businesses, customers and investors. However, it has been under the use of people from last few years. It has built up a strong reputation over this time. It is really easy to use and worthy to consider for those who are looking forward for more security with their cryptocurrency.

Bytecoin (BCN) Cryptocurrency Review