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Creator - Bytecoin Developers Team with Amjuarez as tech leader and Nicolas van Saberhaageh as CryptoNote technology creator
Date launched - July 2012
Algorithm - CryptoNight
Bytecoin is the first cryptocurrency to implement CryptoNote protocol, which provides 100% untraceable and unlikable transactions due to ring signatures and stealth addresses. Bytecoin’s proof-of-work algorithm, CryptoNight, created by BCN developers in cooperation with CryptoNote team, was designed to make CPU and GPU mining equally efficient and restrict ASIC mining. Bytecoin roadmap includes colored coins and assets and Turing-complete language for on-blockchain scripts in the nearest future. Since Bytecoin’s inception in 2012 it was forked more than 25 times, but it still remains the most successful CryptoNight coin in terms of market cap.
On Tuesday, Bitfinex listed IOTA on its platform, the first distributed ledger protocol that goes beyond blockchain through its core invention Tangle.
There were a few changes in the top echelons of the market in the week. Mostly, tokens were seen adjusting after the whirlwind.
On Bitcoin Pizza day, it is going to be hot at the top 10 altcoins.
As Bitcoin Continues to grow, some altcoins are not being left behind either. Last week there was an intense competition on the top 10 of CoinMarketCap with som...
Monero, Bytecoin experience price surges - possibly indicating increased interest towards untraceable coins.
CoinTelegraph spoke with Gliss from CoinMarketCap about what it takes to be included in everyone’s favorite Cryptocurrency Index, Ethercoin trading and what wer...
The proof-of-work concept allows network nodes to reach consensus on which version of the blockchain should be considered correct.
July 4 marks the third anniversary of Bytecoin, the world’s first CryptoNote-based cryptocurrency. The Bytecoin team has unveiled an expanded roadmap detailing ...
Bytecoin is the first cryptocurrency to implement CryptoNote technology in the form of the CryptoNight algorithm, which seeks to provide 100% untraceable transa...
The Internet is one of the most underestimated inventions. At the very moment when it seems it has come to a point beyond which it can offer something new, the ...
Visual cryptocurrency reference service MapofCoins has announced updates to its site to improve usability and the power of its unique coin mapping system.
Cryptocurrency reference service MapOfCoins announced February 20 the launch of its Technologies tool aiming to give insight into the inner workings of the most...
On Friday, the developers of the former altcoin duckNote announced they had rebranded their coin, which is now going to be known as darkNote.
In February, Finnish silver investor and Bitcoin millionaire Risto Pietilä, purchased Malla Manor, a 600-year-old castle located in North Estonia. 6 months afte...
duckNote XDN is a freshly appeared mysterious cryptocurrency, based on CryptoNote technology and blowing the mind with its website.
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