Bytecoin (BCN)

cryptocurrency
payments
cryptonight
proof of work
privacy & security
#81

Marketcap Ranking

0.000310 (-14.07%) arrow_drop_down

Market Price (24h change)

56,977,886

Total Market Cap

2.6

-

info_outline What is Bytecoin

2.3

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Short Description

Bytecoin is an open-sourced, private and untraceable cryptocurrency that was started in 2012. Bytecoin is the first coin that implemented CryptoNote technology as a default aspect to build a project. Launched in 2012, Bytecoin was widely spread in the Dark Net as one of the popular available methods for payment. The main thing that separates Bytecoin from most of the other coins is total anonymity - as soon as your transaction appears on a blockchain, your address can’t be viewed by anyone. Bytecoin is the forefather of all of the anonymous cryptocurrencies based on CryptoNote technology

Here’s a list of the tech features and specifications Bytecoin has:. Ring Signatures. A Ring signature is a special type of digital signature that can be created by someone from a group of users, but it is unknown who exactly the signer is. Imagine a letter that is signed by a group of 10 people. You know that one of them signed the letter, but there’s no way to identify who it actually was (you may only guess). This introduces the untraceability property, which means that for any Bytecoin payment there is a number of equal probable senders

Unlinkable Transactions. Unlinkable transactions make the Bytecoin blockchain resistant to being scanned, which means it’s possible to see the details of a user’s transaction, but no one will know the sender or the recipient. Stealth Addresses. With stealth addresses it’s not possible to know the sender and the recipient because of the outputs associated with certain addresses, moreover, it’s impossible to know who belongs to a certain output. The complexity of the features above makes Bytecoin absolutely unique.

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Introduction Video

Bytecoin explained - What is bytecoin and how much is it worth? | David Hay

Buy Bitcoin, Ethereum and Altcoins @ the best rates http://www.davidhay.org/bitcoin (Visa & Mastercard Accepted) In this episode of crypto riot we look at ...

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Screenshot from Website

bytecoin.org
BCN Websitemore_vert

Visit Webpage

Website Informationclose

Organization: Whois Privacy Protection Service, Inc.
Name: Whois Agent (315365053)
Country: US
City: Kirkland
Zipcode: 98083
Address: [ "PO Box 639", "C/O bytecoin.org" ]
Mail: abuse@enom.com
Creation date:
Expiration date:
Nameserver: NS1.HE.NET

attach_money Product Analysis

4.7

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Whitepaper

Bytecoin (BCN) is the first cryptocurrency based on the CryptoNote technology with an open source code designed for anonymous cash settlement. BCN protects the user's privacy with impassive and anonymous transactions.


The whitepaper of Bytecoin is 20 Pages long.

The most influencial keywords are: Bitcoin, Transactions, Signatures, Keys, Pages, Anonymous, Incoming transaction, Time, Blocks, and Public.

file_downloadOpen Whitepaper
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Close Competitors

  • 1.) Electroneum

    Electroneum is a new cryptocurrency, made mainly for your mobile, making it easy for you to send, receive and securely trade digital money on your smartphone.

  • 2.) Lethean

    Lethean is the fuel and operating currency for our peer-to-peer (P2P) decentralized VPN. It is based on the CryptoNote technology and uses the exclusive CryptoNight algorithm. Following development and integration of VPN capabilities into the wallet (see roadmap below), the Intense wallet will allow any network user to act as a VPN exit node in exchange for Lethean. In order to act as a node, staking of Lethean in the wallet will be required, fostering currency utilization and network growth. This establishes a novel approach to staking and creates a hybrid proof-of-work/proof-of-stake (PoW/PoS) purpose for Intense. Beyond VPN technology, we want Lethean to be useable by more than crypto enthusiasts! We aim for Intense to become a coin brand that can be utilized, adapted & traded without entry barriers. Imagine your parents or non techy friends are using Intense for the daily shopping rounds as it is just that simple to use without the technical hick hack around it. Our goal is for Intense to be a crypto brand that can be utilized for exchange of various goods and services with minimal barriers. We want to re-brand crypto from a privilege for technophiles to a method of compensation accessible by everyday people.

  • 3.) Karbo

    Karbo is a decentralized peer-to-peer exchange network and stable exchange medium, designed to be used by customers and merchants as private Internet money that respects and protects their privacy. It does not have centralized management or issuer and ensures privacy and anonymity of transactions without intermediaries and regulators. Its units of exchange are units of information, cryptographically protected (encrypted) from copying and counterfeiting by the blockchain technology.

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Product analysis

Bytecoin was founded back in July 2012. Its source code was released publicly on github on February 2018 under the GNU Lesser General Public License v3.0 license.
Organization wise, Bytecoins Development is Semi-centralized and is being developed under the lead of Daniel.

The consensus on which the Bytecoin network is run is called POW, while the underlying algorithm is called CryptoNight.
In the current state of Bytecoin currently is Working product

group Community Analysis

3.2

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Communities & Events

Bytecoin is a private, decentralized cryptocurrency with an open source code that allows everyone to take part in the network development of Bytecoin. Privacy and security are naturally proponents of Bytecoin and it’s best solution for those who want to keep their finances private.

view_list r/BytecoinBCN Subreddit
person 13,869 Subscribers
directions_run 160 Active Users
create Daily Posts
speaker_notes 2 Daily Comments
linkOpen Subreddit

https://bytecoin.org/
https://twitter.com/Bytecoin_BCN
https://www.reddit.com/r/BytecoinBCN/

BCN News Channel:
@bytecoinews
BCN chat bots:
@bytecoinbcn_bot
@bcntipbot

view_list Bytecoin BCN Channel
person 6,423 Members
directions_run 250 Online
linkOpen in Telegram

Official Twitter account for Bytecoin

view_list @Bytecoin_BCN Channel
person 41,124 Followers
10.15.2019
16:38
Dear Community! We’ve found a lot of suspicious companies that have similar names to Bytecoin. We want to remind our users that you can find the list of where you can buy/sell Bytecoin in the ecosystem section on our site. Please be careful! https://t.co/KnHTfEqh2E $BCN #Bytecoin 66 favorite
09.30.2019
14:08
Is crypto market a threat to the financial security? Let's discuss in this week's Max's Corner: https://t.co/DCQ2Gq389G $BCN #Bytecoin #MaxCorner #Cryptonews #Crypto 37 favorite
09.23.2019
17:00
While we all are waiting for the new Max's Corner that is to be released this week, let's recollect the last one about Edward Snowden and his memoir: https://t.co/x47u3EfMmY https://t.co/4CMQMVUSKs $BCN #Bytecoin #MaxCorner #Cryptonews #Crypto #Snowden 39 favorite
09.19.2019
17:06
Some insight about this controversial figure and what his story could mean for the rest of us, this week in Max's Corner: https://t.co/x47u3EfMmY $BCN #Bytecoin #MaxCorner #Cryptonews #Crypto #Snowden 32 favorite
09.13.2019
18:16
The Bytecoin devs have released an update on the product development strategy. You can read more in the blog: https://t.co/CVnS5jLoXA $BCN #Bytecoin #roadmap 59 favorite
09.12.2019
11:38
Max talks about the latest whale sighting and other rumors in the new edition of Max’s Corner. Read more on CryptoDaily: https://t.co/LK8212TmzQ $BCN #Bytecoin #MaxCorner #Cryptonews #TechNews #whale 29 favorite
09.05.2019
14:19
In his new column Max takes us to the first Swiss Global Digital Summit that was held this week in Geneva and drew some of the biggest figures from the tech and business worlds. https://t.co/nx5if37PbK $BCN #Bytecoin #MaxCorner #Cryptonews #SwissDigitalDay #TechNews 36 favorite
09.03.2019
15:54
Today the Bytecoin community has the opportunity to get to know a new end-to-end secure web wallet - Bytecoin Zero. More about this release in our blog: https://t.co/P73trtlI2u $BCN #Bytecoin #Crypto #release #cryptocurrency 58 favorite
08.29.2019
20:41
The second part of the Max's Corner, Doing Away With The #Crypto=9/11 Meme, is out now! Read more on Cryptodaily: https://t.co/UY6rDViKhJ $BCN #Bytecoin #MaxCorner #Cryptonews #Crypto 27 favorite
08.28.2019
19:55
This week Max's Corner is so comprehensive that we decided to split it into two parts. Read the beginning here, and check out part 2 tomorrow! https://t.co/GADsqQdcZ5 $BCN #Bytecoin #MaxCorner #Cryptonews #Crypto 31 favorite

There are no events for Bytecoin in the next 3 Months

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Google Trends Analysis


The Google Trends chart displays the search interest on google in Bytecoin relative to its peak over the last year. A rising chart shows growing interest int he project.

code Development Analysis

1.3

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Github Analysis

Code Updates (Commits)


Every change to the codebase of Bytecoin is registered as a commit. More active projects have many commits, dead projects nearly none.

Code line changes (+/-)


Extending a project results in many new lines of code. Changing existing code results in nearly the same amount of additions and deletions. Projects that are growing show a large number of code additions with relatively few deletions.

Programming languages

Repository Numbers

star 174 Stars
remove_red_eye 63 Watchers
usb 163 Forks
sync_problem 42 Open Issues
border_color 0.29 % Comment Coverage
lock_open GNU Lesser G License

attach_money Price Analysis

2.8

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Price Prediction

$ 0.000387 (-3.68%) arrow_drop_down

Predicted USD Market Price in 24h

$ 0.000346 (-14.01%) arrow_drop_down

Predicted USD Market Price in 14d

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Converter BCN - USD

Convert between BCN and USD with the live Bytecoin prices, aggregated from all big exchanges that trade Bytecoin.


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Market insights

Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.

account_circle Team Analysis

4.3

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Team

Lead

Unknown -
It is not exactly clear who is the main driving force behind Bytecoin.


supervisor_accountSocial Network Links

Members (6)

Daniel

Core developer

Jayson

Blockchain developer

Mohamed Cherif Zeghad

Blockchain developer

David Inostroza

Financial advisor

Diego Valencia

Pr & copywriting

Eduardo Cerna García

Designer

compare_arrows Exchanges

Markets

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# Exchange Pair Price 24h Volume Trusted
# 1 Poloniex BCN/BTC $ 0.000294 $ 6,674 check
# 2 HitBTC BCN/USDT $ 0.000324 $ 3,506 clear
# 3 HitBTC BCN/BTC $ 0.000320 $ 3,460 clear
# 4 HitBTC BCN/ETH $ 0.000323 $ 776 clear
# 5 Gate.io BCN/BTC $ 0.000323 $ 354 clear
# 6 HitBTC BCN/EOS $ 0.000310 $ - clear
# 7 Crex24 BCN/BTC $ 0.000316 $ 658 clear
# 8 Gate.io BCN/USDT $ 0.000314 $ 243 clear
# 9 CoinDeal BCN/BTC $ 0.000441 $ - clear
# 10 TradeOgre BCN/BTC $ 0.000294 $ - clear

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