Bytecoin (BCN)What's Bytecoin (BCN) price right now? How much potential does Bytecoin have? How to buy Bytecoin? And where can you buy it? Find answers to all of those as well as to many others questions related to it and discover similar coins to BCN based on price or price change percentage.
(Data is updated hourly)
Data last updated about 2 hours agoBCN All Time Low/High: €0.00000519 (+515%) / €0.122297 (-100%)
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How popular is Bytecoin cryptocurrency?Bytecoin ranks 1016th among all cryptocurrencies. It has a market cap of €5861467. The total trading volume within the last 24 hours was €719.54.
How much potential does BCN have?How much can Bytecoin grow? It's hard to say how much potential Bytecoin has, but based on its circulating supply (184,020,000,000), it can theoretically grow at least 52849x before it would become more popular than Bitcoin. This means that based on BCN maximum potential it could reach €1.68641 before it would have to overtake Bitcoin. But then again, this is not a BCN price prediction of any sort, but just logical calculation.
Learn more about altcoins maximum potential prices.
How to buy Bytecoin?The easiest way to buy BCN is to use a cryptocurrency exchange. There are a lot of exchanges out there these days - both centralized and decentralized. And you can find Bytecoin in a number of exchanges these days. Currently there should be the very minimum of 6 Bytecoin exchanges available.
Where can you buy Bytecoin?You can currently buy BCN in these exchanges:
The currencies you can use to buy BCN are BTC, EOS, ETH, LTC, USDT.
How to buy Bytecoin using some centralized exchange?
How well has Bytecoin performed compared to top 300 cryptos?So how well has Bytecoin performed lately? How much has BCN price increased or decreased? And let's compare the price changes with the top 300 crypto average change.
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.Read more
|Cryptocurrency: Bytecoin||Symbol: BCN|
|Market Cap: 5861467||Rank: 1016||Volume: 719.54|
|You can buy BCN for||BTC, EOS, ETH, LTC, USDT|
Bytecoin (BCN) live price chart
Cryptos with similar price movements as BCN
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How big was Bytecoin coin volume within the last 24h?
Bytecoin (BCN) last recorded volume was € 719.54.
How much has Bytecoin coin price changed during the last week?
BCN price has changed during the last 7 days 0 %.
How much has Bytecoin price changed during the 30 days?
BCN price has changed during the last 30 days 22.02 %.
How much has Bytecoin price changed during one year?
BCN price has changed during the last year -90.97 %.
Is BCN coin close to its All Time High price?
BCN all time high price (ath) is €0.122297. Its current price is €0.00003191. This means that the difference between Bytecoin (BCN) All Time High price and BCN current price is -100%.
What is the maximum price Bytecoin (BCN) can reach?
BCN has a current circulating supply of 184,020,000,000. Based on our calculation BCN could reach up to €1.68641 before it would have to overtake Bitcoin. So in theory the potential for growth is 52849x its current value (€0.00003191). However, keep in mind that this is just a logical maximum potential price calculation for Bytecoin and in no way is it a prediction of any kind.
Does Bytecoin crypto have limited supply?
Based on its max supply (184,470,000,000) and circulating supply (184,020,000,000), we'd say there is a good chance that Bytecoin has UNlimited supply.
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.