What is Bytecoin? BCNsteemCreated with Sketch.

in #bytecoin7 years ago

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Bytecoin is the private untraceable cryptocurrency launched in 2012.
Bytecoin is the first enterprise-ready solution.

Fee-free instant international payments
Bytecoin network exists in the Internet and works almost as fast as the Internet itself. Some time is required to process the payment, as it requires cryptographic confirmation. It takes 2 minutes.

Your funds are reliably secure
Bytecoin protects user's money with the most secure and modern cryptographic algorithms. They are impossible to hack. The hacking attempt itself would require immense amount of expensive electricity and computational power of a supercomputer. You are the only one who can access your wallet.

Your private data is safe
Bytecoin system ensures that it is totally impossible to get information about your financial operations and wallet balance, unless you decide to reveal those. Only you can manage information that your business partners and third parties will see.

More information
https://bytecoin.org/

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Yea dude i agree with you on that.
This is so secrative that noone actually knows the team behind the currency.
And it is the root curency behind dash and others that i cant think of right now.
Although What makes me unsure about this currency is that most of the coins were premined, meaning some billy bob might own more than half of the total currency out there or a group of sharks. (That takes us to price manipulation territory) and also that there seems to be no help when u need one with this network. I bought about $100 worth and downloaded the wallet about a month ago, and sent it to the wallet. It started syncing after that and it has been a month, just half done and my coins seem to be in transit somewhere.
I like the idea of this currency but it could easily be a scam too.

I really don't know why people invest in this. It doesn't have anything to offer that other cryptos don't as far as I can tell.

Very good post. Good to see I'm not the only one that is thinking about this. Buy and hold for the upcoming 3 years and the blockchain market will find it's way. We really need more insights in the market and previous investment results (even though they don't deliver any guarantee for the future). I found this amazing platform: https://www.coincheckup.com An amazing crypto research site. They researched every single crypto out there. This is truly great.

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