Bytecoin (BCN) The World's First Private Digital Currency

Bytecoin (BCN) The World's First Private Digital Currency

Bytecoin (BCN) is a decentralized, open-source, cryptographic digital currency (cryptocurrency) which serves as a discreet and secure payment system for digital financial services. Bytecoin was designed with anonymity in mind, and allows for private and untraceable transactions across the network. Bytecoin’s goal is to occupy the privacy niche in the crypto world, in addition to providing fast transactions and low fees.
The Bytecoin project was founded on July 12th, 2012, and has undergone multiple improvements and additions since then. Bytecoin uses the Cryptonote protocol, and was forked 25 times in its first three years of existence, giving birth to well-known coins like Monero. In addition to providing payment and remittance services, the Bytecoin blockchain also carries other data, such as geographical information and business data.
Bytecoin is developed by a completely anonymous team of contributors. Anonymous postings online lay out a road map for the future of Bytecoin, with several features proposed such as smart contracts with embedded turing-complete language, as well as the addition of multiple API layers for future integration with other software.
Transactions on its blockchain are obfuscated by a extremely secure cryptographic algorithm. Anyone interested can join Bytecoin network and take part in currency development. As well as the Internet, Bytecoin is international by its nature. Bytecoin allows safe and secure transactions around the globe and offers the convenience of instant fee-free money transactions.

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