|ATH (All Time High)||$0.02 |
|ROI (3 мес.)||-39.92 %|
|ROI (6 мес.)||-66.18 %|
|ROI (12 мес.)||-48.83 %|
|Коэф. Шарпа (3 мес.)||0.09%|
|Коэф. Шарпа (6 мес.)||-0.19%|
|Коэф. Шарпа (12 мес.)||0.30%|
|Волатильность (3 мес.)||207.54%|
|Волатильность (6 мес.)||191.91%|
|Волатильность (12 мес.)||150.59%|
Humankind evolved in such a way that people have been learning to perform everyday tasks more and more efficiently, reasonable competition between old and new ways being the basis for the evolution. We know positively that there is space for improvements in any modern area of activity, including finances.
The goal of any financial system is to ensure efficient operation of a currency with minimal costs. Said operation allows for reducing fees, benefitting the end users. We believe that improving existing financial systems, as well as designing and implementing new ones that would serve the same goals even more efficiently is a necessity.
Our mission is to develop a new financial system, more efficient than the existing ones, i.e. providing all the same functions at less cost for the users. We have selected the following governing principles for this project:
Bytecoin (BCN) is the first currency based on the CryptoNote technology and launched back in July, 2012. BCN protects your privacy with completely untraceable and anonymous transactions so it is deservedly called the next generation anonymous cryptocurrency.
It is a fully independent currency which has been developing separately from Bitcoin and its forks. The basis for the creation of Bytecoin was the CryptoNote unique technology.
Your can participate in the operation of the network by allocating the computing power of your computer. Due to this mechanism, transaction processing is decentralized, which allows a person to be not only a user, but also a participant.
The decision entirely your choice, you are able to choose to take part in network maintenance and get a reward for it, or buy BCN directly on exchanges.
Unlike fiat money transactions, where your money is processed through an intermediary, bank, or financial institution, transactions between Bytecoin users are carried out over the Internet which makes the transactions much more reliable. Transaction privacy is protected by secure cryptographic algorithms whereby no one can identify who sent the money, who the receiver was, and what amount of money was transferred.
Safety and Reliability
The reliability of Bytecoin is defined by the total computational power of all the computers that take part in the processing of transactions. The greater the processing power, the more reliable the network.
In so doing all of the money stored in your wallet is already protected during the transaction process and its safety doesn’t depend on the network’s reliability. Your money is always safe.
Bytecoins are gradually getting more expensive over time, since the emission is limited to 184.47 billion BCN. The number of Bytecoin emitted each 120 seconds is slightly decreasing. As a result BCN gains value and the exchange rate increases.
While currencies with sharp decreases of reward per block are exposed to intense declines in network power, Bytecoin emissions are decreasing slowly, which protects the currency from economic shocks.
The emission of fiat currencies is a closed process where an issuer is engaging in its own capabilities. One can’t take part in the emission process.
Bytecoin emission is an open process which employs the computing powers of all network members. Any user can join the Bytecoin network and take part in the emission process (thus, becoming a miner).
Mining in the network results in the creation of new money, which serves as a reward for users who employ their computing power in order to process transactions.
All transactions are carried out every 120 seconds. The Miners ensure that the transactions are processed correctly and provide cryptographic protection of transactions and personal data. However, miners cannot access users' financial data since Bytecoin protects the identity of the sender and the receiver, and conceals the sum transferred.
The basis for our financial system is a decentralized network that provides self-control for the costs required in the operation of the currency. Such an approach allows the Bytecoin financial system to determine the optimal state when operating efficiency is the highest.
The Bytecoin network is developed as an open one. It means that anyone who joins it not only uses the currency, but participates in supporting the system as well.
The network protocol is developed in such a way that both specialized and non-specialized computers would show congruent efficiency when operating on the network.
Прочитать еще о ByteCoin?
The detailed description of Bytecoin network operation principles can be found here.