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What is the issuance price of Bytecoin BCN currency issuance pr

Date:2024-08-03 18:16:34 Channel:Wallet Read:


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The full name of BCN coin is Bytecoin. It is a highly private decentralized cryptocurrency that allows everyone to participate in the development of the Bytecoin network. The biggest feature of this project is its privacy and security. The project can provide everyone with instant private transactions, and the transaction records cannot be tracked. In addition, BCN coin is a completely independent digital currency. The underlying code of the token is not based on the source code of Bitcoin. It is a project based entirely on CryptoNote. Many investors want to know what the Bytecoin issue price is? Let the Coin Circle editor bring you a list of BCN coin issue prices.

 What is the Bytecoin issue price?

According to the investigation of the Coin Circle editor, the issue price of BCN coin is 0.000065 US dollars, and the issue time is July 4, 2012. Bytecoin BCN includes two anonymous technologies, bit commitment and stealth address, which makes the transaction chain a mess, untraceable and unassociated.

Only users know the balance of their own Bytecoin BCN wallet, the recipient, and transaction history. If users use Bytecoin BCN, no one but the user can manage the wallet.

Mining by CPU has the same efficiency order as mining by GPU. Bytecoin is also ASIC-resistant. Anyone can mine Bytecoin BCN with an ordinary PC.

The block reward of Bytecoin changes dynamically mainly according to the current total amount of coins. Block reward BaseReward = (MSupply - A)/2 to the 18th power. MSupply = (2 to the 64th power
- 1), A equals the number of coins that have been produced.

The API of Bytecoin is multi-purpose and multi-level to meet the special needs of users. The process of launching and approving Bytecoin payments is simple, fast and convenient. It is easy to build user applications on top of the Bytecoin code module. Anyone can build their own Bytecoin-based applications without delving into the details of cryptography and C++.

 Bytecoin Value Analysis

·Bytecoin Decentralization

Bytecoin is a cryptocurrency for blockchains operated by many nodes around the world.

· Payments are untraceable

Bytecoin uses Ring signatures to mix different outputs of similar value into one transaction, making it almost impossible to infer the source of the money. On the Bytecoin blockchain, all addresses are obscured.

· Transactions and addresses are unlinkable

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

· Bytecoin's parameters are adaptive

Bytecoin readjusts the difficulty of each block, making it difficult to react to even the smallest hash rate changes. In addition, Bytecoin's emission curve is smooth, preventing mining rewards from falling.

· Bytecoin is ubiquitous

Bytecoin has a continuously growing ecosystem of partners, integrators, merchants, and mining pools, making it available worldwide.

· Bytecoin is constantly evolving

Bytecoin is an open source software project, and everyone can contribute to the development of the project and keep up with the times.

This article is a comprehensive answer by the editor of Coin Circle to the question of the issue price of Bytecoin. In the current blockchain market, anonymous coins have always been a relatively mainstream project, including some very well-known projects, such as Monero and Dash. The most distinctive feature of anonymous coins is the anonymity of transactions. The BCN coin we introduce to you today is also the same. It is a high-quality and technological blockchain project that has been released since 2012. However, the disadvantage of this currency is that it is not well-known.

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