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What is cryptocurrency Bytecoin (BCN)

Cryptocurrency Bytecoin (BCN) is one of the first cryptocurrency to be completely anonymous. Bytecoin is a cryptocurrency created in 2012 by a programmer under the pseudonym Amjuarez, who decided not to repeat for the majority of developers, who at the time did fork Bitcoin, and wrote the code Bytecoin completely from scratch. Bytecoin attracts attention primarily because of its sometimes high volatility, which is why we could not circumvent the review of this project.

Technical features of cryptocurrency Bytecoin (BCN)

Official website – bytecoin.org;

Year of foundation – 2012;

Encryption algorithm – Crypto Night;

Protection method – Proof of Work;

Trade name – BCN;

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The maximum emission is 184 000 000 000 BCN;

Capitalization – $200 000 000;

The price of BCN is $0.001082.

Features cryptocurrency Bytecoin (BCN)

In 2012, cryptocurrency Bytecoin was a “flying saucer” in a wheat field, because then there was no such abundance of anonymous cryptocurrency as it is now. Cryptocurrency Bytecoin has 3 very important characteristics that allow it to hold 29th place among cryptocurrency by capitalization, this:

– Fast payments;

– Financial security;

– Security of personal data.

These three characteristics, like three whales holding the ground, keep the whole system of work cryptocurrency Bytecoin.

Where to buy cryptocurrency Bytecoin (BCN)

Cryptocurrency Bytecoin is traded on popular exchanges such as Poloniex and HitBTC, and you can buy it through purses Cryptonator, its review is here, Coinomi, Coinspot and many others. Or you can go to the official website and download the official application, available on all kinds of operating systems, as well as on Android.

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Prospects of cryptocurrency Bytecoin (BCN)

If not for such a strong competition in the sector of anonymous cryptocurrency, then, undoubtedly, the price of Bytecoin would increase faster, but the market is oversaturated. The second aspect, which points to the low price of Bytecoin, is the number of coins, and they are calculated to release 184 billion, which is a lot. But the event that is capable of forcing the price to grow is the end of the issue of cryptocurrency Bytecoin. Only 1 billion BCN is left to go. Because of the low cost of BCN, it can be bought in sufficient quantity even for 10 dollars.

Conclusion

More information about cryptocurrency Bytecoin we could not find, if you read our review, you could understand what is Bytecoin and what its prospects, then share this article in your social networks.

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