Digital Asset Fundamentals (Digital Asset) - TiTdoi (TiTdoi.com)


coin summary Bytecoin (bcn)


- 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 created 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 ones income.
- By using a variation of the DiffieHellman exchange protocol, a receiver has multiple unique onetime 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 crosslink these payments.As a primarily peertopeer p2p payment system, Bytecoin has many of the same usecases 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 ProofofWork 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 pseudoanonymous 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..

Summary of the coin Bytecoin

Summary of the coin Bytecoin


market value (Market Capital) Ranked 1811

highest price statistics: 0.15 $USD
total number of coins(Supply): 184,470,000,000.00 coin
circulated (Circulated): 184,020,000,000.00 coin
99.76%
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Study the exchange market information. Bytecoin


BCN<->BTC BCN<->USDT

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The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,069.80 2,235,309,507.60
2 BTC title=BTC 61,720.00 1,586,330,802.05
3 ETH title=ETH 3,001.35 782,065,652.15
4 SOL title=SOL 144.03 650,633,441.16
5 PEPE title=PEPE <0.01 268,993,007.50
6 RUNE title=RUNE 5.89 201,708,849.60
7 ENA title=ENA 0.90 198,367,261.58
8 DOGE title=DOGE 0.15 186,138,881.41
9 WIF title=WIF 2.88 171,077,245.31
10 XRP title=XRP 0.52 167,516,304.10
11 RNDR title=RNDR 10.49 139,268,094.79
12 WLD title=WLD 5.51 121,419,286.13
13 BOME title=BOME 0.01 88,705,090.89
14 NEAR title=NEAR 7.02 77,297,526.04
15 ADA title=ADA 0.46 73,448,256.05
16 AVAX title=AVAX 34.34 70,909,094.12
17 ETC title=ETC 27.72 64,114,031.36
18 UMA title=UMA 3.24 61,454,719.35
19 TRX title=TRX 0.12 50,727,329.81
20 JTO title=JTO 3.86 50,055,088.85
21 BONK title=BONK <0.01 49,929,053.76
22 ETHFI title=ETHFI 3.70 48,634,629.20
23 FLOKI title=FLOKI <0.01 46,704,990.18
24 BEL title=BEL 0.89 44,215,467.67
25 SUI title=SUI 0.99 41,408,764.65
26 LTC title=LTC 82.37 40,938,562.51
27 ORDI title=ORDI 38.44 40,613,860.96

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 UMA title=UMA 3.24 +24.69
2 ConstitutionDAO title=PEOPLE 0.03 +18.80
3 Bella Protocol title=BEL 0.89 +12.75
4 Acent title=ACE 5.44 +10.58
5 Komodo title=KMD 0.41 +10.24
6 Orion title=ORN 1.50 +10.08
7 Moonriver title=MOVR 14.46 +9.06
8 THORChain title=RUNE 5.89 +8.53
9 API3 title=API3 2.48 +8.06
10 Unifi Protocol DAO title=UNFI 3.89 +8.02
11 Bounce title=AUCTION 16.90 +7.17
12 RAD title=RAD 1.77 +6.10
13 Lisk title=LSK 1.99 +5.68
14 BakerySwap title=BAKE 0.26 +5.56
15 Cats Of Sol title=COS 0.01 +5.43
16 High title=HIGH 4.28 +5.16
17 DODO title=DODO 0.18 +5.12
18 Adventure Gold title=AGLD 1.03 +4.78
19 Curve DAO title=CRV 0.44 +4.76
20 Bluzelle title=BLZ 0.38 +4.55
21 Celo title=CELO 0.81 +4.42
22 Zcash title=ZEC 23.50 +4.35
23 Band Protocol title=BAND 1.54 +4.35
24 Cardano title=ADA 0.46 +4.30
25 Game title=GTC 1.21 +3.97
26 Kusama title=KSM 28.97 +3.95
27 Convex Finance title=CVX 2.58 +3.94
28 Terra title=LUNA 0.62 +3.92
29 Memecoin title=MEME 0.03 +3.91
30 ARPA title=ARPA 0.07 +3.80

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 IDEX title=IDEX 0.06 -10.04
2 Ethernity Chain title=ERN 5.06 -8.95
3 NULS title=NULS 0.64 -8.49
4 Firo title=FIRO 1.62 -8.44
5 Axelar title=AXL 1.11 -7.35
6 DIA title=DIA 0.47 -7.24
7 Sui title=SUI 0.99 -7.12
8 Paris Saint-Germain Fan Token title=PSG 4.21 -6.81
9 Aevo title=AEVO 1.24 -6.19
10 W 0.62 -6.11
11 SingularityNET title=AGIX 0.92 -6.03
12 Bittensor title=TAO 399.90 -5.80
13 IoTeX title=IOTX 0.05 -5.77
14 Worldcoin title=WLD 5.51 -5.65
15 FarmBot title=FARM 72.46 -5.48
16 Powerledger title=POWR 0.31 -5.46
17 Yield Guild Games title=YGG 0.82 -5.36
18 Lido DAO title=LDO 1.88 -5.30
19 Ocean Protocol title=OCEAN 0.93 -5.26
20 Polymesh title=POLYX 0.37 -5.19
21 Viction title=VIC 0.52 -5.01
22 REZ 0.14 -4.96
23 Any Inu title=AI 1.08 -4.53
24 Acala title=ACA 0.11 -4.46
25 Decred title=DCR 20.29 -3.93
26 Nano title=XNO 1.16 -3.91
27 Cortex title=CTXC 0.35 -3.89
28 Vanar Chain title=VANRY 0.18 -3.85
29 IQ title=IQ <0.01 -3.80
30 Pyth Network title=PYTH 0.48 -3.76

Bitcoin's Greed and Fear Index.

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