Bytecoin (BCN) - Cryptonote | The first private untraceable cryptocurrency




  • What is Bytecoin?

    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.

    Instant private transactions are provided all around the world by the Bytecoin Network, they are totally untraceable, and they don’t require any additional fees.

    Fiat currencies are assigned to specific territories while Bytecoin is bound to the Internet and therefore is international by default.

    Technical documentation

    Specifications

    • Algorithm: CryptoNight
    • Block time is 120 seconds
    • Difficulty retarget each block
    • Block reward decreases each block according to the formula:
    • BaseReward = (MSupply - A)/218
    • where MSupply = (264 - 1) atomic units and 'A' is amount of already generated coins
    • One coin is divisible down to 8 decimal places (divisible up to 10^8)
    • Total coins: 18,446,744,073,709,551,616 atomic units (= 184.46 billion BCN)

    Sources

    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.

    Bytecoin Transactions

    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.

    Safety and Reliability

    The reliability of Bytecoin is defined by the total computational power of all the computers that take part in the processing of transactions. The greater the processing power, the more reliable the network.

    In so doing all of the money stored in your wallet is already protected during the transaction process and its safety doesn’t depend on the network’s reliability. Your money is always safe.

    Deflation

    Bytecoins are gradually getting more expensive over time, since the emission is limited to 184.47 billion BCN. The number of Bytecoin emitted each 120 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.

    Emission

    The emission of fiat currencies is a closed process where an issuer is engaging in its own capabilities. One can’t take part in the emission process.

    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 120 seconds. The Miners ensure that the transactions are processed correctly and provide cryptographic protection of transactions and personal data. However, miners cannot access users' financial data since Bytecoin protects the identity of the sender and the receiver, and conceals the sum transferred.

    Bytecoin for Customers

    Bytecoin cryptocurrency works according to principles that are radically different from ones the fiat currencies and their digital analogues use.

    Alongside this it needs a modest amount of energy and human resources. This permits users to get along without transaction fees. It’s your quick start, with one of the most easy-to-use cryptocurrency networks, to be a part of the Bytecoin ecosystem.


    Your money is safe with Bytecoin
    Bytecoin is resistant to hacks. Cryptographic algorithms that we've used to power the currency are impossible to crack. Any attempt to figure out your account key would require an enormous amount of resources which makes an attack unprofitable.


    Bytecoin Protects your Personal Data
    If you set up a high anonymity level for your transactions, nobody will know where you receive money from or where you send it. This is entirely impossible to figure out.


    Instant International Zero-Fee Money Transfers
    Highly-developed infrastructure allows every user from all around the world to transfer their money instantly and without fees. The only thing you need is a device connected to Internet.


    Reliable Investment of your Resources
    The Bytecoin emission rate is decreasing over time, which means that the value of each BCN is gradually increasing. You may join Bytecoin mining or purchase BCN on an exchange. The value of your Bytecoins will only increase.


    Easy to mine on an average PC
    You can increase Bytecoin network security through currency mining for which you get rewards in BCN. Bytecoin algorithms offer no advantage to GPU mining which means that you can mine even with an average office computer. There is no need in buying ASIC devices.

    For Business

    Enterprise-ready solutions based on Bytecoin blockchain technology is your chance to start the safest business cooperation. We have created a currency that is convenient and reliable for businesses mostly oriented towards a digital sphere or those who'd like to renew the vision of common goods in a network sphere.


    Your money is safe with Bytecoin
    Bytecoin is resistant to hacks. Cryptographic algorithms that we've used to power the currency are impossible to crack. Any attempt to figure out your account key would require an enormous amount of resources which makes an attack unprofitable.


    Instant International Zero-Fee Money Transfers
    You can receive and make instant transactions without any fees all around the world. This is possible due to transaction processing being conducted by network users who are rewarded by the network itself. During transaction processing users have no access to the information concerning sender, receiver, or the amount of money transferred.


    Reducing your Business Risks
    Bytecoin is oriented towards fair and open business. The Bytecoin network offers fraud protection which makes automatic chargeback impossible. Once a deal is closed and the payment is sent no transfer can be returned automatically. The payment can be refunded only through the free will of the parties involved.


    Protecting your Private Data
    If you set up a high anonymity level for your transactions, nobody will know where you receive money from or where you send it. This is entirely impossible to figure out.


    Convenient tools for your business
    Bytecoin is an open network. All you need to join is Internet access. Detailed manuals and a simple setup allows you to accept Bytecoin hassle-free. We've made every aspect of Bytecoin as easy to use as possible. Should you require any assistance while setting up or using Bytecoin for your business, we will gladly help you.

    Bytecoin for Investors

    Got an idea to become an investor of a private and sustainable project? We've got the special solutions for those who like to store their funds in a private and secure way.


    Profits
    The annual dividend for the stakeholders XX% in USD and XX% in BTC.
    The Bytecoin ecosystem is extremely diverse which makes it very liquid by its nature.


    Safety
    You are the only person who has access to your investments. All coins are located in your desktop wallet that exclude any gateway to them by a third party which makes your investments secure.


    Privacy
    Untraceable deposits and withdrawals will make your investments inaccessible in all instances. No one will know the wallet address from where the coins came from. Save your transaction history and keep your balance away from prying eyes.


    Benefits
    For big investors there are some more unique options to make your money work for you.

    Contact us to learn more. Jenny Goldberg [email protected] Telegram: BCN_official

    Mission

    Humankind evolved in such a way that people have been learning to perform everyday tasks more and more efficiently, reasonable competition between old and new ways being the basis for the evolution. We know positively that there is space for improvements in any modern area of activity, including finances.

    The goal of any financial system is to ensure efficient operation of a currency with minimal costs. Said operation allows for reducing fees, benefitting the end users. We believe that improving existing financial systems, as well as designing and implementing new ones that would serve the same goals even more efficiently is a necessity.

    Our mission is to develop a new financial system, more efficient than the existing ones, i.e. providing all the same functions at less cost for the users. We have selected the following governing principles for this project:

    Self-regulation

    The basis for our financial system is a decentralized network that provides self-control for the costs required in the operation of the currency. Such an approach allows the Bytecoin financial system to determine the optimal state when operating efficiency is the highest.

    Openness

    The Bytecoin network is developed as an open one. It means that anyone who joins it not only uses the currency, but participates in supporting the system as well.

    Egalitarianism

    The network protocol is developed in such a way that both specialized and non-specialized computers would show congruent efficiency when operating on the network.

    The detailed description of Bytecoin network operation principles can be foundhere.

    Download:

    Web Wallet

    The easiest way to store your funds. Manage your money from any device 24/7 using our web wallet.


    Open Web Wallet

    Mobile Wallet

    Keep track and use your Bytecoin on the go. All of your finances at your fingertips with the Bytecoin Android Mobile App.





    Download APK v1.1.0

    Read Instructions

    Bytecoin Desktopversion v3.3.2

    We have made a new wallet available for our users, download and experience it today.


    Download for Windows 32-bit OTHER VERSIONS

    Windows 64-bit   Windows 32-bit

    Linux 64-bit

    MacOS </> Source code Release notes Bytecoin Daemonsversion v3.3.2

    Willing to accept Bytecoin? Check out our robust daemonized console RPC wallet designed for e-commerce projects.


    Download for Windows 32-bit OTHER VERSIONS

    Windows 64-bitWindows 32-bit

    Linux 64-bit

    MacOS </> Source code Release notes

    Exchanges

    Cryptocurrency exchange is a service to buy and sell Bytecoins(BCN) for Bitcoins(BTC) and fiat currency. The exchange rate fluctuates in real-time based on the demand and supply of other users.


    Poloniex

    The largest BCN exchange in terms of trading


    HitBTC

    Large and innovative Bytecoin exchange featuring other CryptoNotes


    Bytecoin Web Wallet

    Exchange BTC and ETH to BCN with the Best Rates


    Coinspot

    Buy BCN directly and instantly using AUD


    Cryptonator

    Buy BCN for EUR/USD/RUR/UAH


    Changelly

    High-volume instant exchange accepting card and crytpocurrencies


    Stocks.exchange

    BCN/BTC and BCN/ETH pairs to trade


    Best Rate

    Exchange site that users can trade Bytecoin for crypto and vice versa


    Godex

    Exchange site that users can trade Bytecoin for crypto and vice versa


    Vebitcoin

    Turkish Crypto Exchange with BCN/TRY pairs


    TradeOgre

    New Crypto Exchange with a Simple Design


    Cfinex

    New Crypto Exchange with a Simple Design


    Crex24

    Cryptocurrency Exchange with Fiat Deposits and Withdrawals.


    Gate.io

    One of the largest Asia's exchanges with comfortable fees, robust security system and apps for iOS and Android.


    Bitexbook.com

    Bitexbook is an exchange with servers located in St. Vincent and Grenadines. They offer fast deposits, withdrawals and verification. 

    Mining Pools

    Mining pool is a mining service, which allows multiple users to combine their mining powers to generate one block and split the reward.


    Minergate

    The largest mining pool with an elegant graphic and 2% fees


    Bytecoin.uk

    Fee-free pool straight from the United Kingdom


    Eobot

    Bytecoin cloud mining made easy with any mining hardware


    Bytecoin.party

    New zero-tx fee pool


    Bytecoin Tuga

    Bytecoin pool with payments in PPS mode


    Bytecoin-pool.org

    Community-made pool with competitions


    Bytecoin.cloud

    Fee-free pool straight from the United Kingdom


    Mining-pool.guru

    Young pool with a friendly interface

    Multi wallets

    Store and use all your crypto-currency funds in one place.


    Freewallet

    Store and manage Bytecoin with ease in the smart and beautiful mobile-first cryptocurrency wallets.


    Cryptonator

    Securely store, easily receive and quickly send Bytecoin 24/7.


    Bitladon

    This beautiful Dutch wallet is a safe, fast, and easy way to buy or exchange Bytecoin. 


    SatoWallet

    Functional and accessible multi-currency wallet for Desktop, iOS and Android with some innovative features.

    Merchants

    All of the most popular places where you can use your Bytecoin in a hassle free environment!


    Gabo

    Art transformed into things for everyday life


    LeBytecoin.fr


    Bytecoinmarket

    Works of art inspired by French culture


    Dukley hotel & resort

    Five-star luxury hotel located in the heart of Montenegro’s Budva Riviera


    Star Brite Car Wash

    Wash your vehicle and pay with BCN


    Check-Coin

    Online store that offers electronic goods for Cryptocurrency


    Sheldon Store

    Buy Amazon, iTunes, Google Play, Uber and other gift cards with BCN


    Emaildatabasepro

    Buy the email databases of several different countries with BCN


    Domaine de Cromey

    Discover the best of Burgundy. Food. Wine. Experience


    Hosting For Services

    Web hosting service with the newest technology servers


    Payza

    Spend BCN/FIAT or receive payments online with ease


    RPM Accessories

    Gun accessories, paid for with BCN


    Coinpayments

    Integrated payment gateway for cryptocurrencies


    Bytecoin Fans

    Buy awesome Bytecoin merchandise


    HearFirst

    Shop For The Best Hearing Aids and Hearing Aid Prices


    Gemma LED

    Optimized LED plant growing lights


    Manta Medya

    Digital design


    MonoVM

    VPS, dedicated servers and hosting services


    1Gbits

    Dedicated servers from more than 20 locations

    Block Explorers

    Block explorer is a service which shows all the blocks generated with all the transactions in each block.


    Official Block Explorer

    Official BCN explorer to track transactions and other Bytecoin network data


    Minergate

    Block explorer to track transactions and other Bytecoin network data

    Calculators

    Currency convertor which is up to date with the current exchange rates.


    CoinMill

    Bytecoin fiat convertr in any known fiat currency


    Cryptonator

    An easy to use Bytecoin calculator with mobile apps available

    Gambling

    The list of the resources to play online using Bytecoin.


    BytecoinCasino

    Bytecoin casino with free bytecoin every hour, play our game whenever you want


    Luckygames.io

    Revolutionary Multicoin Casino

    Media

    Bytecoin-focused media resources


    BCNlog

    News, Articles and Analitics about Bytecoin in Russian


    Links:

    website:https://bytecoin.org/

    reddit:https://www.reddit.com/r/Bytec...

    twitter:https://twitter.com/Bytecoin_B...

    telegram:https://telegram.me/bytecoinch...

    youtube:https://www.youtube.com/channe...

    kakao:https://open.kakao.com/o/grDXB...

    blog:https://bytecoin.org/blog

    News & Updates:https://bytecoin.org/news



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