BCNBytecoin
$0.00001879
$0.0000235906
(55.66%)
Mkt Cap$3.46M
Vol0.02
Fundamentals
Mkt Cap
$3.46M
24H Volume
$0.02
7D High
$0.000019
FDV
$3.46M
Circ Supply
184.02B
Total Supply
184.07B
Max Supply
184.47B
24H High
$0.00004238
24H Low
$0.00001852
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Bullish/Bearish Forum Sentiment
Indicates whether most users posting on a crypto’s stream over the last 24 hours are bearish or bullish.
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1 day ago
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Message Board Activity
Measures the total amount of chatter on a stream over the last 24 hours.
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Discussion Diversity
Measures the number of unique accounts posting on a stream relative to the number of total messages on that stream.
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AboutBytecoin is the first cryptocurrency created with CryptoNote technology. Bytecoin allows users to make absolutely anonymous money transfers through the CryptoNote algorithm. CryptoNote uses CryptoNote ring signatures to provide anonymous transactions and allows you to sign a message on behalf of a group. The signature only proves the message was created by someone from the group, but all the possible signers are indistinguishable from each other. Even if outgoing transactions are untraceable, everyone may still be able to see the payments received and thus determine one's income. By using a variation of the Diffie-Hellman exchange protocol, a receiver has multiple unique one-time addresses derived from his single public key. After funds are sent to these addresses they can only be redeemed by the receiver; and it would be impossible to cross-link these payments. As a primarily peer-to-peer (p2p) payment system, Bytecoin has many of the same use-cases as Bitcoin. Created in 2012, Bytecoin is one of the earliest developed cryptocurrencies. Until recently, the team behind the coin has kept themselves anonymous. Now, though, they’ve opened up multiple communication channels, removed some layers of anonymity, and even built several local communities. Bitcoin’s PoW consensus algorithm heavily favors miners that use powerful GPU and ASIC machines over those trying to mine with CPUs. This causes the network to centralize around the more powerful miners. Bytecoin attempts to close the gap between these two classes of miners with a new algorithm, Egalitarian Proof-of-Work (PoW). Egalitarian PoW uses a version of skrypt, a proof of work function similar to the hashcash function used by Bitcoin. The difference between the two is that scrypt isn’t memory bound. Because of this, you can produce highly efficient CPU mining rigs. GPUs will always be about 10 times more effective, though. The Bytecoin project has been fairly fractured since its inception in July 2012. Previously, several isolated teams worked on the project without seemingly communicating with each other. This led to numerous forks and versions of the coin. In July 2017, the team decided to change their image and provide more transparency to the community. The team still remains pseudo-anonymous by only providing names and headshots on their webpage – no bios or social media links. But, it’s tough to expect more from a project that’s focused on privacy. The team has been busy at work refactoring their code and are planning to release a new public API on February 6, 2018. They’ll also be entering the Asian, Middle East, and African markets throughout 2018.
DetailsSource
Categories
PrivacyPrivacy CoinsProof of Work (PoW)Smart Contract Platform
Date
Market Cap
Volume
Close
June 06, 2026
$3.46M
$0.02
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June 06, 2026
$3.48M
$0.02
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May 30, 2026
$6.61M
$2.57
$0.0000359461
May 29, 2026
$9.6M
$0.07
$0.0000521432
May 28, 2026
$9.71M
$0.14
$0.000052727
May 27, 2026
$6.62M
$2.04
$0.000035957
May 26, 2026
$1.28M
$0.20
$0.056951
May 25, 2026
$6.43M
$110.18
$0.0000349459
May 24, 2026
$6.43M
$0.31
$0.0000349567
May 23, 2026
$6.43M
$0.31
$0.0000349567