_ _ Bytecoin (BCN) is a next generation completely anonymous cryptocurrency launched July 4, 2012, making it the first Cryptonote currency of its kind. Bytecoin is unlike any other cryptocurrency as it achieves anonymity by adopting the Cryptonote protocol, which allows anonymity by using Ring Signatures to hide wallet balances and transactions, making any transaction you make effectively unlinkable. Your privacy is secured when you use Bytecoin.

ByteCoin mining pool with lowest 1% fee based on high-end Intel Xeon servers. You better throw some shade but be in the Game. The same sought of shade was thrown on bitcoin. Do you want to start mining bcn on minergate? Its easy sign up download the minergate app for windo.

More information on the Cryptonote protocol can be found on the. Here is my experience which I have posted somewhere on bitecoin forum some time ago.:-) I used to use Wolf and now Calymore - both on W8.1 and Minergate (i5-2500K @ 3.3GHz overlocked to 4.2GHz) -t 3. Wolf - shows 150-180 h/s - and hash rate showed in Wolf command window is the same like you see on minergate web page Calymore - shows 220-240 h/s - more stable in showing hash rate in Calymore command window than Wolf but on minergate web page the information of hash rate is not as stable as in command window and on Minergare web site I see range from 130 to 280h/s. My personal feeling is Calymore is slightly better on Minergate. Maybe Calymore is more influenced by other work on the PC which is mining.

Contents • • • • • • History [ ] Bytecoin (BCN) was founded on July 4, 2012. Since the launch, several improvements have been made, including multi-valued transactions and several security updates. In 2013, the original implementation of was rewritten using. As of 2015, Bytecoin has been forked more than 25 times.

Bytecoin contains additional information not directly related to remittances: several blocks include the geographical coordinates of universities, educational institutions among other buildings. Blocks created since August 11, 2012, contain quotes from, and other authors. On March 31, 2015, Bytecoin developers announced their for several future releases. Among others, the following improvements were mentioned: • payment gateway capable of receiving and sending thousands transactions simultaneously • desktop wallet software (released few weeks later in April 2015) • several layers for integration with other software • -based aliases system • -based assets • with embedded turing-complete language December 15, 2017 is planned to develop untraceable. Features [ ] Bytecoin is an open source software.

Crypto currency uses the principle of Proof-of-work ('Proof of work performance'). The algorithm for mining in Bytecoin differs in that it actively uses the and a large amount of memory, which makes mining on the less efficient than for Bitcoin.

It uses the unique algorithm. The essence of the algorithm is in the ring signature, which provides the maximum program anonymity for today. The cryptographic basis for the protocol was created by, and in 2001, and finalized by E. Fujisaki and K. Suzuki in 2007. The EdDSA scheme proposed by the American mathematician is used as the signature algorithm. Additional transaction was added to this basis.

Transactional obfuscation in the CryptoNote protocol Due to and the added to the protocol, passive mixing is provided: all transactions in the system are anonymous, and all participants in the system can use in the event of a capture. Bytecoin advertises itself as a completely anonymous altcoin. Bytecoin claims the following features: • Unlimited instant international payments: the Bytecoin network works as fast as the Internet. Payments take a little time to process, as confirmation is required for payment. Bytecoin claims that transactions are processed in about 2 minutes.

• Security: Bytecoin 'protects the user's money with secure and modern crypto algorithms' which 'can not be hacked.' [ ] The creators of Bytecoin argue that breaking a crypto currency 'will require a lot of expensive electricity and the computing power of supercomputers.' • Secure personal data: Bytecoin states that 'it is absolutely impossible to obtain information about your financial transactions and the balance of your wallet' if you do not want to disclose your data one day. Only the user can manage data that partners and third parties can see.

Usage [ ] Bytecoin is primarily used for anonymous transactions. In addition, Bytecoin is used as a currency in some online stores. As of 1 December 2017, the in Montenegro allows booking rooms by paying with Bytecoin Notes [ ]. Komodo KMD Mining Free Money. Bytecoin: private secure financial system. Retrieved 2017-10-12. Bytecoin: private secure financial system. Retrieved 2017-10-12.

Retrieved 2017-10-12. • christerpangindian (2017-10-04).. Retrieved 2017-10-12. Retrieved 2017-10-12. Bytecoin: private secure financial system. Retrieved 2017-10-12. Retrieved 2017-10-12.

Retrieved 2017-10-12. • (in Russian).

Retrieved 2017-10-12. Gulden NLG Mining Calculater. Bytecoin: private secure financial system. Retrieved 2017-10-12.

Retrieved 2017-10-12. Retrieved 2017-10-12. Retrieved 2017-12-06. Dukley Hotel & Resort (in Russian). Retrieved 2017-12-06. Also [ ] • - peer-to-peer decentralized trade protocol References [ ] • • on.