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Bytecoin (BCN)

Bytecoin (BCN) up-to-date price information, find exchanges where to buy BCN, and discover similar coins to BCN based on volume or price.
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Bytecoin

Data last updated about 43 minutes ago
BCN All Time Low/High: €0.00000519 (+913%) / €0.122297 (-100%)
Current price
EUR Price
€ 0.00005258
24h
Positive percentage
12.9%
Week
Negative percentage
-0.68%
14 days
Negative percentage
-9.36%
Month
Negative percentage
-18.42%
Year
Negative percentage
-84.8%
Bytecoin coin logo
Disclaimer: All bcn price data is sourced from a third-party site. While we try to always offer correct and up-to-date bcn price data, it can sometimes be wrong. Cryptolorium assumes no responsibility or liability for any errors or omissions in the content of this site. So we suggest you pay attention to any abnormalities yourself and take all bcn price as well as bcn price change information brought out above with a grain of salt. And as always, keep in mind that trading cryptos contains risks which may result in partial or full loss of your investment.

How popular is BCN cryptocurrency?

Bytecoin ranks 345th among all cryptocurrencies. It has a market cap of €50393054. The total trading volume within the last 24 hours was €34965.

Where can you buy BCN crypto?

You can currently buy BCN in these exchanges: CoinEx, Gate.io, HitBTC, Poloniex, STEX, TradeOgre. The currencies you can use to buy BCN are BTC, EOS, ETH, LTC, USDT.

Where can I find more information about Bytecoin?

You can find more information about BCN from Bytecoin subreddit, Bytecoin twitter page, Bytecoin forum, Bytecoin official homepage, and we always recommend you to do further research about Bytecoin yourself as well.

When was BCN launched?

According to our information BCN coin was launched 4th July 2012.

What is 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 cr...eated 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.

This data has been sourced from third party.

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Cryptocurrency: BytecoinSymbol: BCN
Market Cap: 50393054 Rank: 345Volume: 34965
Exchanges
HitBTC
CoinEx
Poloniex
Gate.io
TradeOgre
STEX
You can buy BCN forBTC, EOS, ETH, LTC, USDT
Crypto launched2012-07-04

Bytecoin (BCN) live price chart

24h
7days
14 days
30 days
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1 year

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How big was Bytecoin coin volume within the last 24h?
Bytecoin (BCN) last recorded volume was € 34965.
How much has Bytecoin coin price changed during the last week?
BCN price has changed during the last 7 days -0.68 %.
How much has Bytecoin price changed during the 30 days?
BCN price has changed during the last 30 days -18.42 %.
How much has Bytecoin price changed during one year?
BCN price has changed during the last year -84.8 %.
Is BCN coin close to its All Time High price?
BCN all time high price (ath) is €0.122297. Its current price is €0.00005258. This means that the difference between Bytecoin (BCN) All Time High price and BCN current price is -100%.
Where can you trade Bytecoin?
Bytecoin is currently listed on at least these crypto exchanges: HitBTC, CoinEx, Poloniex, Gate.io, TradeOgre, STEX and possibly some others.