Coins: 2797
Exchanges: 206
Dominance:
BTC 51.2%
ETH 10.8%
BCH 3.66%
  • Market Cap
    $411,433
  • 24 Hour Trading Vol
    $744.22
  • 24h Low / 24h High
    $0.17 / $0.18
  • Available Supply
    2.32 Million / 33 Million
BYC
USD

Bytecent (BYC)

24h
7d
14d
30d
60d
1y
0.94%
4.0%
3.1%
-24%
-52%
-67%

Bytecent Volume by Exchange

# Exchange Pair Price 24h Volume Volume %
1
Updated 6 minutes ago
$0.18
0.00002669 BTC
$744.22
4201.047 BYC
100.00%
Quick Stats
Bytecent Price $0.18
Bytecent Price (BTC) Ƀ0.00002669
Market Cap $411,466
Trading Volume $744.22
24h Low / 24h High $0.17 / $0.18
Gecko Rank #1636
Market Cap Rank #1207
All-Time High $3.21
Since All-Time High
-94%
All-Time High Date 2018-01-08 (9 months)
24 Hours
0.94%
7 Days
4.0%
14 Days
3.1%
30 Days
-24%
60 Days
-52%
1 Year
-67%
Bytecent/Bitcoin Ratio 1 BTC = 37467.22 BYC
Chain Info Beta (CryptoID)
Mining Difficulty 8.92974085
Total Blocks 2,178,812
Transactions per Second 0.00065
Median Transaction Fee 0.56 BYC
Median Block Size 199 Bytes
Links
Homepage http://bytecent.com/
Blockchain/Supply https://chainz.cryptoid.info/byc/
Discussion Forum http://coinblab.com/forums/12/bytecentBitcoinTalk Thread
Misc. Info
Genesis Date November 09, 2014 (almost 4 years)
Hashing Algorithm -
Hashrate N/A
Block Time 1.0 minutes
Available/Total Supply 2.32 Million / 33 Million
Complete Metrics Score
18%
Total
Major Exchanges Trading Activity
4.5%
Liquidity
Source Code Repository Activity
0%
Developer
Social Media & Discussion Board
16%
Community
About

Bytecent employs a CPU friendly Proof of Work algorithm that verifies prime numbers. It works by locating dense clusters of prime numbers beginning at a number n, where there are six consecutive prime numbers: n, n+4, n+6, n+10, n+12, and n+16. To decipher a block, there is hashing of the block contents to generate a target number. The objective is to locate a prime chain within a particular numerical space greater than the target number. Unlike with other cryptocurrencies that employ similar algorithms, our motivation is not to break any world records in finding prime numbers. We are utilizing this method of mining to make CPU mining more attainable while eliminating the use of GPU & ASIC miners.

Proof of Miner is an innovative mining system that employs captcha technology to limit mining abuses while keeping the mining process tangible. POM requires miners to enter a human readable captcha code every sixty minutes to maintain the mining process without interruption. Mining time can be extended without entering the captcha code by storing x amount of coins in the local wallet. For example, if 25 Bytecents are required to extend mining time for one hour, a miner will need a total of 600 Bytecents stored in his/her local wallet to extend mining time for a total of 24 hours. Coins utilized for mining can be used anytime and are not locked from being spent like with Proof of Stake coins. The number of coins required to extend mining time is based on numerous factors including current price, total volume, and demand.