The technology behind Bytecoin

Bytecoin is a private, decentralized cryptocurrency with an open source code that allows everyone to take part in the network development of Bytecoin. Privacy and security are naturally proponents of Bytecoin and it’s best solution for those who want to keep their finances private.

  • Untraceable payments

    Bytecoin uses Ring signatures to mix different outputs of similar value into one transaction, making it nearly impossible to deduce where the money came from. On theBytecoin blockchain all addresses are obscured.

  • Bytecoin is decentralized

    Bytecoin is a cryptocurency that works on the blockchain operated by a multitude of nodes around the world.

  • Bytecoin’s parameters are adaptive

    Bytecoin readjusts the difficulty with every block to react to even the slightest hashrate changes. In addition, Bytecoin’s emission curve is smooth which prevents mining reward drops.

  • Transactions and addresses are unlinkable

    Bytecoin allows users to generate numerous unlinkable one-time addresses from a single set of keys. This makes it nearly impossible to establish a connection between transactions or addresses.

  • Bytecoin is evolving

    Bytecoin is an open-source software project, where everyone can contribute to and keep up with the project’s development.

  • Scalable blockchain

    Bytecoin is a cryptosystem with no hard-coded constraints. It results in a flexible blockchain that adapts to the network state and capabilities and generates a block every 2 minutes.

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