Bytecoin, also called abbreviated BCN, is a cryptocurrency launched in July 2012. It differs from other cryptocurrencies by its design. This is indeed the first alternative currency based on CryptoNote technology. It is completely anonymous and offers the advantage of allowing the use of ring signatures and single-use cryptocurrency addresses. Another feature that distinguishes it from Bitcoin and other alternative currencies is that it was not designed from a hard fork of Bitcoin code. Bytecoin was encoded from scratch.
BCN started from 0.1278 INR on 1st September 2017 and slowly leaped towards 0.0908 INR on 30th September 2017. Although the BCN team was into building the bytecoin payment processor.
It is after its wallet release, Cryptonator that BCN started from 0.0914 INR on 1st October 2017 and experienced a descent towards 0.0902 INR on 31st October 2017.
However, BCN witnessed a move from 0.0911 INR on 1st November 2017 and leaped towards 0.1064 INR on 30th November 2017.
Therefore, BCN started at 0.1123 INR on 1st December 2017 and moved towards 0.4002 INR on 31st December 2017.
Therefore, BCN started at INR 0.3925 on 1 January 2018 and moved towards INR 0.3854 on 31 January 2018.
Therefore, BCN started at INR 0.3767 on 1 January 2018 and was trading at INR 0.2999 on 26 February 2018.
Bytecoin, a totally untraceable cryptocurrency According to its creators, Bytecoin is not just an anonymous alternative currency. It is also the first to be adapted to the use of the company. With Bytecoin, instant international payments are free. Its network works as fast as your internet connection. However, it should be noted that each payment requires cryptographic confirmation, which may take some time. On an average, claims are processed in less than two minutes.
When it comes to protecting data and private information, Bytecoin says it's simply not possible to get information about your transactions and the balance of your wallet unless you reveal that information yourself.
What about the safety of Bytecoin? To ensure users high security and protection of money, Bytecoin uses safe and modern cryptographic algorithms. The creators of this alternative currency ensure that their system is impossible to hack. This is why each user is the only one to have access to their own wallet.