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Coins: 3611
Exchanges: 262
Dominance:
BTC 54.4%
XRP 11.3%
ETH 8.51%
BCN
USD

Bytecoin (BCN)

1h
24h
7d
14d
30d
1y
0.65%
2.7%
-14%
-36%
-53%
-89%

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Bytecoin Volume by Exchange

# Exchange Pair Price 24h Volume Volume %
1
Updated 6 minutes ago
$0.00
0.0000001618 BTC
$127,859.59
244269500.000 BCN
67.91%
2
Updated 6 minutes ago
$0.00
0.000537 USD
$42,079.31
78359980.000 BCN
21.79%
3
Updated 1 minute ago
$0.00
0.00000017 BTC
$17,368.19
31614506.696 BCN
8.79%
4
Updated about 2 hours ago
$0.00
0.0000061 ETH
$1,339.54
2584000.000 BCN
0.72%
5
Updated 6 minutes ago
$0.00
0.000531 USDT
$487.25
918954.329 BCN
0.26%
6
Updated 10 minutes ago
$0.00
0.000000161 BTC
$379.97
729149.816 BCN
0.20%
7
Updated 11 minutes ago
$0.00
0.00000016 BTC
$308.16
595066.264 BCN
0.17%
8
Updated about 1 hour ago
$0.00
0.00000016 BTC
$120.99
233737.670 BCN
0.06%
9
Updated about 1 hour ago
$0.00
0.00001367 XMR
$79.26
149453.820 BCN
0.04%
10
Updated 28 minutes ago
$0.00
0.000000161 BTC
$77.19
148200.000 BCN
0.04%
11
Updated 5 minutes ago
$0.00
0.00026992 EOS
$33.14
64000.000 BCN
0.02%
12
Updated 9 minutes ago
$0.00
0.00000572 ETH
$6.50
13197.074 BCN
0.00%
Quick Stats
Bytecoin Price CA$0.00
Market Cap CA$130,225,294
Market Cap Dominance 0.09%
Trading Volume CA$254,398
24h Low / 24h High CA$0.00 / CA$0.00
Gecko Rank #88
Market Cap Rank #41
All-Time High CA$0.19
Since All-Time High -100%
All-Time High Date May 08, 2018 (7 months)
1 Hour 0.72%
24 Hours 2.8%
7 Days -14%
14 Days -36%
30 Days -53%
60 Days -63%
1 Year -89%
Bytecoin/Bitcoin Ratio 1 BTC = 6117483.83 BCN
Misc. Info
Genesis Date July 04, 2012 (over 6 years)
Hashing Algorithm Cryptonight
Hashrate N/A
Block Time 2.0 minutes
Available/Total Supply 184 Billion / 184 Billion How is this calculated?
Complete Metrics Score
50%
Total
Major Exchanges Trading Activity
29%
Liquidity
Source Code Repository Activity
57%
Developer
Social Media & Discussion Board
47%
Community

About Bytecoin

Bytecoin is the first cryptocurrency created with CryptoNote technology. Bytecoin allows users to make absolutely anonymous money transfers through the CryptoNote algorithm. CryptoNote uses CryptoNote ring signatures to provide anonymous transactions and allows you to sign a message on behalf of a group. The signature only proves the message was created by someone from the group, but all the possible signers are indistinguishable from each other.

Even if outgoing transactions are untraceable, everyone may still be able to see the payments received and thus determine one's income. By using a variation of the Diffie-Hellman exchange protocol, a receiver has multiple unique one-time addresses derived from his single public key. After funds are sent to these addresses they can only be redeemed by the receiver; and it would be impossible to cross-link these payments.

As a primarily peer-to-peer (p2p) payment system, Bytecoin has many of the same use-cases as Bitcoin. Created in 2012, Bytecoin is one of the earliest developed cryptocurrencies. Until recently, the team behind the coin has kept themselves anonymous. Now, though, they’ve opened up multiple communication channels, removed some layers of anonymity, and even built several local communities.

Bitcoin’s PoW consensus algorithm heavily favors miners that use powerful GPU and ASIC machines over those trying to mine with CPUs. This causes the network to centralize around the more powerful miners. Bytecoin attempts to close the gap between these two classes of miners with a new algorithm, Egalitarian Proof-of-Work (PoW). Egalitarian PoW uses a version of skrypt, a proof of work function similar to the hashcash function used by Bitcoin. The difference between the two is that scrypt isn’t memory bound. Because of this, you can produce highly efficient CPU mining rigs. GPUs will always be about 10 times more effective, though.

The Bytecoin project has been fairly fractured since its inception in July 2012. Previously, several isolated teams worked on the project without seemingly communicating with each other. This led to numerous forks and versions of the coin. In July 2017, the team decided to change their image and provide more transparency to the community. The team still remains pseudo-anonymous by only providing names and headshots on their webpage – no bios or social media links. But, it’s tough to expect more from a project that’s focused on privacy. The team has been busy at work refactoring their code and are planning to release a new public API on February 6, 2018. They’ll also be entering the Asian, Middle East, and African markets throughout 2018.

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Stars
130
Watchers
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Forks
8
Contributors
10
Merged Pull Requests
23 / 36
Closed Issues / Total Issues