Bytecoin is a decentralized cryptocurrency with high privacy; it has open source code that allows everyone to participate in Bytecoin network development. Using byte coins can effectively protect privacy and security. Bytecoin network provides instant private transactions for users around the world, untraceable and at no additional charge.

About Bytecoin

Bytecoin Decentralization
Bytecoin is a cryptocurrency suitable for blockchains operated by numerous nodes around the world.

Payment cannot be tracked
Bytecoin uses Ring signature to mix different outputs of similar value into a transaction, making it nearly impossible to infer the source of money. On the Bytecoin blockchain, all addresses are covered up.

Transactions and addresses are not linkable
Bytecoin allows users to generate a large number of non-linkable one-time addresses from a set of keys. This is almost impossible to establish a connection between transactions or addresses.

Bytecoin parameters are adaptive
Bytecoin readjusts each block's difficulty, making it difficult to react even with the smallest hashrate changes. Additionally, Bytecoin's emission curve is smooth, preventing digging rewards from falling.

Bytecoin is everywhere
Bytecoin has a growing ecosystem that includes partners, integrators, merchants and mining pools, making it available worldwide.

Bytecoin continues to evolve
Bytecoin is an open source software project where everyone can contribute to the development of the project and keep pace with the times.

Byte Coin BCN has the following six characteristics:

Untrackable transactions
ByteCoin BCN includes two anonymous technologies: bit promise and stealth address, making the transaction chain a confused, untrackable and inrelated.

Unlinkable Transfer
Only users know the balance, receiver, and transaction history of their ByteCoin BCN wallet. If the user uses byte currency BCN, no one but only the user can manage the wallet.

Free instant international payment
All payments are immediately recognized and processed by the network within two minutes. Any byte currency user can instantly transfer any amount of money to anywhere in the world.

Equal Mining
Mining through CPU has the same efficiency order as mining through GPU. Bytecoin also resists ASIC. Anyone can mine byte coins BCN with a regular PC.
The block reward of byte coins is mainly changed dynamically based on the current total amount of coins. Block reward BaseReward = (MSupply - A)/2 to the power of 18. MSupply = (2 to the power of 64 - 1), A is equal to the number of coins that have been released.

Strong and flexible API
Bytecoin API is multi-purpose and multi-level to meet the special needs of users. The payment process to initiate approved byte coins is simple, fast and convenient.

Modular Code Basics
It is easy to build user applications on top of the ByteCoin Code module. Anyone can build their own bytecoin-based applications without exploring the details of cryptography and C++.

Our Task

Humans evolved in such a way that people have learned to perform daily tasks increasingly, and reasonable competition between the old and new methods is the basis of evolution. We know for sure that there is room for improvement in any modern area of ​​activity, including finance.

The goal of any financial system is to ensure the effective operation of the currency at a minimum cost. The operations allow for reduced costs and benefit end users. We believe there is a need to improve existing financial systems, as well as design and implement new financial systems that can more effectively achieve the same goals.

Our mission is to develop a new financial system that is more efficient than existing financial systems, i.e., to provide users with all the same functions at a lower cost. We have selected the following management principles for this project:

Self-regulation
The basis of our financial system is a decentralized network that can self-control the costs required for monetary operations. This approach allows the Bytecoin financial system to determine the best state when the operational efficiency is highest.

Openness
Bytecoin Network is an open network. This means that anyone joining the currency will not only use the currency, but will also participate in supporting the system.

Everyism
Network protocols are developed in such a way that both dedicated and non-specialized computers show equal efficiency when running on the network.

Related links:

https://www.jinse.com/blockchain/90420.html