BytecoinBCN
$0.000019
0.00000000 BTC
Marketcap
$3,420,254
Volume (24h)
$25,464
Circulating Supply
184,066,828,814 BCN
Total Supply
184,470,000,000 BCN
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What is Bytecoin?
Bytecoin (BCN) is cryptocurrency launched is 2014 focusing on privacy, the first to implement the CryptoNote algorithm. CryptoNote makes all the transactions recorded in the blockchain of Bytecoin anonymous, as they are grouped in "rings".
When a transaction is done in Bytecoin, a random group of private keys is assigned to a ring to be referenced in the transaction. Each member of the ring is equally probable to have actually signed it, so it's infeasible to link it to any specific key t uses proof-of-work as the consensus protocol, but mining BCN is far more CPU-friendly than the average. Mining pools using common CPUs are usual.
Bytecoin is constantly deflating, as the reward rate becomes lower continuously over time.
Latest Bytecoin News
- What Is Nexpace (NXPC)? Binance’s 18th HODLer Airdrop Project ExplainedBlockInsider - 4 days agoKey Points Nexpace (NXPC) is the 18th token released through Binance’s HODLer Airdrops program and began trading on May 15. 3% of NXPC supply (30…
- Bitcoin’s Unpredictability Intensifies Ahead of Today’s Key FOMC Interest Rate VerdictBlockInsider - 1 week agoKey Points Bitcoin’s price fluctuates as the market anticipates the U.S. Federal Reserve’s decision on interest rates. Bitcoin’s future direction could be influenced by Fed…
- Ethereum Whale Dumps $34M on Kraken as Pectra Upgrade UnfoldsBlockInsider - 1 week agoKey Points An Ethereum whale recently sold 18,700 ETH, worth roughly $34.11 million, on Kraken. The sale comes as the Ethereum Pectra upgrade nears, causing…
- Metaplanet Boosts Bitcoin Portfolio to 5555 BTC with Additional $53M InvestmentBlockInsider - 1 week agoKey Points Metaplanet recently purchased an additional 555 Bitcoin (BTC), bringing its total holdings to 5555 BTC, worth over $536 million. The firm has invested…
- Bitcoin Price Could Skyrocket to $100K All-Time High, Pending Key Support LevelBlockInsider - 1 week agoKey Points Bitcoin (BTC) is poised for a major breakout above $100K, aiming for new all-time highs. Large Bitcoin wallets have accumulated an additional 81,338…
- Unraveling the Bitcoin Surge: A Look at Ethereum’s Backseat in the Crypto Rotation StrategyCoinEagle - 5 hours agoKey Points Ethereum failed to follow Bitcoin’s upward trend, indicating a notable divergence. The ETH/BTC pair’s performance could dictate the next significant market movement. Bitcoin…
- Exploring Why Bitcoin Could Be on the Brink of a Massive SurgeCoinEagle - 8 hours agoKey Points Bitcoin’s range formation coincides with falling exchange reserves, indicating a potential bullish trend. Large Bitcoin holders are not selling, suggesting that smart money…
- Surging Stocks Outperform Bitcoin: A Shift in Market Dynamics to Keep an Eye OnCoinEagle - 1 day agoKey Points Bitcoin retail holders are selling aggressively while smart money is investing heavily. Bitcoin’s performance is lagging despite a weaker dollar and a surge…
- Bitcoin Traders Turn Profitable: Are They Overlooking Key Red Flags?CoinEagle - 1 day agoKey Points Bitcoin’s short-term holders’ Profit/Loss Margin jumped from -19% in April to +21% in May, indicating renewed trader optimism. Bitcoin’s Stock-to-Flow Ratio dropped by…
- Deciphering 3 Crucial Indicators: Is a Bitcoin Uprise on the Horizon?CoinEagle - 1 day agoKey Points Bitcoin’s 1M 25 Delta Skew has fallen to -6.1%, indicating higher demand for call options over put options. Whale Exchange Balance Change has…
