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About Bytecoin

Bytecoin is a cryptocurrency focused on privacy. Transactions on the Bytecoin blockchain can’t be tracked or traced.

Bytecoin (BCN) is a decentralized and private cryptocurrency with an open-source code that aims to allow anyone to contribute to the Bytecoin network’s development. The network aims to ensure efficient operation with minimal cost allowing reduced fees benefiting the end user. The protocol believes in improving the existing financial system and designing and implementing the new ones. Bytecoin platform provides an alternative to the individuals who wish to keep their finance private as it seeks to promote privacy and security.

In addition, the network envisions developing a new and efficient financial system providing the same functions as the existing ones at a reduced cost for the users. The platform aims to have the following governing principles for this project:

The website states that the Bytecoin protocol seeks to operate on three primary technological aspects. The first one is untraceable payments, wherein Bytecoin seeks to use ring signature technology to sign a certain user's transactions on behalf of the group. As a result, a secure and entirely anonymous payment system is created. 

The second one is unlinkable transactions.  In a traditional blockchain, anyone may see the payment users have received and calculate the income. Thus, Bytecoin seeks to mitigate this risk by offering users with several, one-time addresses based on their public key. This prevents transactions from being linked.

Lastly, there is scalable blockchain. Bytecoin is a cryptosystem that does not have any hard-coded restrictions. It seeks to produce a flexible blockchain that responds to the condition and capacity of the network and generates a block every two minutes.

Furthermore, the network has BCN as the native utility token. BCN is the first completely untraceable token created using the Cryptonote protocol, a technology that is designed to provide innovative privacy features. BCN is the primary currency of exchange on the Bytecoin ecosystem, allowing users to trade in partnered exchanges, mining pools, and merchants.

The Bytecoin network was launched on July 4, 2012. Jenny Goldberg serves as the chief marketing officer for the Bytecoin network. The other team members include Gabriel Carranza serving as partnership manager, Harry Ullaman as communications specialist, Ngoc Thach Ho as blockchain engineer, and more.

BCN has a maximum total supply of 184,470,000,000 tokens.

Market

Portugal Market Stats

Market cap

€5.3M

Volume (24h)

€23,084.85

Circulating supply

184.1B BCN

All time high

€0.0281

Portugal Market performance

Price change (1h)

-0.03%

Price change (1d)

-0.96%

Price change (1w)

-13.73%

Price change (2w)

-3.15%

Price change (1m)

+1.13%

Price change (1y)

-32.2%

Portugal News about Bytecoin

The Block • May 02, 24

Dorsey’s Block to invest 10% of bitcoin profits into BTC each month, shares rise on Q1 earnings beat

Jack Dorsey's Block will be investing 10% of its gross profit from bitcoin products into bitcoin purchases and will open-source its treasury.

Read more

News Article Image

Unchained • May 02, 24

Eigen Foundation to Allocate an Additional $1,000 in EIGEN Tokens to Over 280,000 Users

The Eigen Foundation announced Thursday that it will allocate an additional 100 EIGEN tokens, currently worth about $1,000, to more than 280,000 users in an effort to increase the accessibility of its token for early adopters and respond to community criticism of specific details of EigenLayer’s ...

Read more

News Article Image

Decrypt • May 02, 24

Jito Price Jumps After Topping Solana DeFi Protocols With $1 Billion Locked

Jito Network became the top DeFi protocol on Solana, with liquid staking pool token JitoSOL rising by 8.5%.

Read more

News Article Image

Bitcoin Magazine • May 02, 24

Script State from Lamport Signatures

A breakdown by Andrew Poelstra on how Lamport Signatures, a hash based signature scheme, can be used to create a global state that any Bitcoin transaction can reference to settle smart contracts.

Read more

News Article Image

The Block • May 02, 24

Crypto-friendly Reps. Nickel and Flood urge SEC to give the green light to options on spot bitcoin ETFs

Lawmakers asked the SEC to approve the listing and trading of options on spot bitcoin exchange-traded funds amid delays.

Read more

News Article Image

CoinDesk • May 02, 24

Jack Dorsey's Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others

The payments firm announced the news alongside its first quarter earnings report on Thursday afternoon.

Read more

News Article Image

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Bytecoin is on the decline this week.

The price of Bytecoin has decreased by 0.03% in the last hour and decreased by 0.96% in the past 24 hours. Bytecoin’s price has also fallen by 13.73% in the past week. The current price is €0.000029 per BCN with a 24-hour trading volume of €23.08K. Currently, Bytecoin is valued at 99.90% below its all time high of €0.0281. This all-time high was the highest price paid for Bytecoin since its launch.

The current circulating supply of Bytecoin is 184,066,828,814.058 BCN which means that Bytecoin has as total market cap of 184,066,828,814.058.

FAQ

What is the current price of Bytecoin?

We update our Bytecoin to EUR currency in real-time. Get the live price of Bytecoin on Coinbase.

What is the market cap of Bytecoin?

The current market cap of Bytecoin is €5.34M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Bytecoin?

The all-time high of Bytecoin is €0.0281. This all-time high is highest price paid for Bytecoin since it was launched.

What is the 24 hour trading volume of Bytecoin?

Over the last 24 hours, the trading volume of Bytecoin is €23.08K.

What other assets are similar to Bytecoin?

Assets that have a similar market cap to Bytecoin include Receive Access Ecosystem, Valor Token, WHALE, and many others. To see a full list, see our comparable market cap assets.

How many Bytecoin are there?

The current circulating supply of Bytecoin is 184 billion.

Can I buy Bytecoin on Coinbase?

No, Bytecoin is not currently available on Coinbase, but you can sign up to get the latest news on Bytecoin and be notified when it gets added to our exchange.