Bytecoin bcnanonymous cryptocurrency based on cryptonote
Bytecoin is a private, decentralized cryptocurrency with open source code that allows everyone to take part in the Bytecoin network development.
Privacy and security come naturally from using Bytecoin. The best solution for those who want to keep their financial privacy. Fiat currencies are assigned to specific territories while Bytecoin is bound to the Internet and therefore bytecoin bcnanonymous cryptocurrency based on cryptonote international by default.
Your can participate in the operation of the network by allocating the computing power of your computer. Due to this mechanism, transaction processing is decentralized, which allows a person to be not only a user, but also a participant.
The decision entirely your choice, you are able to choose to take part in network maintenance and get a reward for it, or buy BCN directly on exchanges.
Unlike fiat money transactions, where your money is processed through an intermediary, bank, or financial institution, transactions between Bytecoin users are carried out over the Internet which makes the transactions much more reliable.
Transaction privacy is protected by secure cryptographic algorithms whereby no one can identify who sent the money, who the receiver was, and what amount of money was transferred. The reliability of Bytecoin is defined by the total computational power of all the computers that bytecoin bcnanonymous cryptocurrency based on cryptonote part in the processing of transactions.
The greater the processing power, the more reliable the network. Your money is always safe. Bytecoins are gradually getting more expensive over time, since the emission is limited to The number of Bytecoin emitted each seconds is slightly decreasing. As a result BCN gains value and the exchange rate increases. While currencies with sharp decreases of reward per block are exposed to intense declines in network power, Bytecoin emissions are decreasing slowly, which protects the currency from economic shocks.
The emission of fiat currencies is a closed process where an issuer is engaging in its own capabilities. Bytecoin emission is an open process which employs the computing powers of all network members.
Any user can join the Bytecoin network and take part in the emission process thus, becoming a miner. Mining in the network results in the creation of new money, which serves as a reward for users who employ their computing power in order to process transactions. All transactions are carried out every seconds. The Miners ensure that the transactions are processed correctly and provide cryptographic protection of transactions and personal data. However, miners cannot access users' bytecoin bcnanonymous cryptocurrency based on cryptonote data since Bytecoin protects the identity of the sender and the receiver, and conceals the sum transferred.
Bytecoin Specifics Your can participate in the operation of the network by allocating the bytecoin bcnanonymous cryptocurrency based on cryptonote power of your computer. Getting started Downloads News Contact.
Community Forum Source code Bytecoin wiki Blog. CryptoNote technology Website archive.
Bytecoin, which is known as the fully-anonymous cryptocurrency which first implemented the CryptoNote protocol, is publishing a major software update. As for the back-end part of the update which as always is divided in the BytecoinD and WalletD partsthe Bytecoin Development Team has decided bytecoin bcnanonymous cryptocurrency based on cryptonote implement the following features to improve the speed and reliability of the software.
In addition to this, the release of this software will also appear in a new GitHub Repository:. The updates above will help make the BCN software more stable than ever. The front-end part has been updated significantly as well and mostly influenced by the major back-end implementations. Take a brief look at the GUI updates: Transactions can be delayed, node synchronization can lag Apr 24, Bytecoin Daemons v3.
The 1st quarter has passed and we are very happy to announce that despite Bytecoin updates its software with the most state of the art in the world for anonymous cryptocurrencies. In addition to this, the release of this software will also appear in a new GitHub Repository: Ports and endpoints remain the same The updates above will help make the BCN bytecoin bcnanonymous cryptocurrency based on cryptonote more stable than ever.
WalletD Earlier the wallet file was used to store keys, the history of transactions, and the cache. In the new WalletD the. The history and cache are divided into their own folders. For this reason the. The wallet file is extremely compact, easier to backup, and almost completely immune to corruption. You can create cache, without touching keys and history.
In case Alice has sent the coins to Bob, then Bob can ask Alice the proof of sent. This is a method of solving disputes.
Coming soon - next beta. Early support for dynamic fees included. Detailed info about your coins such as spendable dust, and locked or unconfirmed coins, bytecoin bcnanonymous cryptocurrency based on cryptonote. Console available on the dashboard. Monitor your daemon activity and easily make reports by copying the stats to a clipboard Unified and simplified API The GUI client now works with the same API as the exchange platforms and merchants Contacts section has been improved.
Yours truly, The Bytecoin Team. Getting started Downloads News Contact. Community Forum Source code Bytecoin wiki Blog. CryptoNote technology Website archive.