BCN - Bytecoin Price, Charts, All-Time High, Volume & Markets - In USD, EUR, CNY etc. | Nomics
Day

Quote Currency:

USD

Bytecoin

BCN Price:

$0.00047053
-2.11%
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Market Cap
$86.61M
-2.11%
Volume
$35,132
45.45%
Transp. Vol.
$34,57798%48.26%
Transparency GradeA gradeA grade(Transparent)
Circulating Supply184,066,827,286
Max Supply184,470,000,000

Today's Bytecoin price is $0.00047053, which is down 2% over the last 24 hours. Bytecoin's market cap is $86.61M. 24 hour BCN volume is $35,132. It has a market cap rank of 62 with a circulating supply of 184,066,827,286 and max supply of 184,470,000,000. Bytecoin is traded on exchanges. Bytecoin had an all-time high of $0.030611 almost 2 years ago. Over the last day, Bytecoin has had 98% transparent volume.

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Bytecoin Statistics

Price$0.00047053
Price Change
-$0.00001015 (-2.11%)
All-Time High$0.030611
Date of ATH5/8/2018
Days Since ATH659
% of ATH1.54%
Price vs ATH
Market Cap$86.61M
Mkt Cap Change
-$1.87M-$1,868,638 (-2.11%)
Mkt Cap Rank62
Mkt Dominance0%
Mkt Dominance
Circulating Supply184,066,827,286
Max Supply184,470,000,000
% in Circulation99.78%
% in Circulation
Volume$35,132$35,131.81
Vol. Change
$10,977$10,977.29 (45.45%)
Exchange VolumeUnknown
Transparent Volume98%
Transparent Volume (Δ)
48.26%
Transparent Volume
A - 98%
D - 1%
? - <1%

About Bytecoin

Bytecoin (BCN) is a privacy-centered cryptocurrency that launched in July 2012. Based on the CryptoNote protocol which uses ring signatures and stealth addresses, the project claims that transactions are untraceable and unlinkable.

Bytecoin (BCN) should not be confused with Bytecoin (BTE), an inactive cryptoasset based off of Bitcoin’s (BTC) protocol.

Each transaction on the Bytecoin network utilizes a one-time public key. By doing this, the problem of address re-use is eliminated and decreases the traceability of transactions. To help obscure the connection between users and transactions, ring signatures are used. With ring signatures, transactions are digitally signed by one member of a group (each having their own private keys), however, there is no way for an outside observer to determine which one actually signed it.

Bytecoin uses an egalitarian proof-of-work consensus algorithm called “CryptoNight,” designed to restrict ASIC mining and make CPU and GPU mining equally efficient. Each block time on the Bytecon blockchain is 2 minutes (compared to Bitcoin’s 10 minute block time). To maintain a consistent block rate, the mining difficulty changes as the network hash rate increases and decreases after each block. This protects the blockchain from “freezing up” even when the system traffic spikes or has a sharp drop in the number of miners.

Bytecoin is considered one of the first privacy coins to exist in the space. Monero (XMR), a popular privacy project, is actually a fork from the original Bytecoin protocol.

Some have criticized Bytecoin’s mining history. A prominent Monero developer argues that 82% of Bytecoins were pre-mined before the project was released to the public. Bytecoin has a maximum total supply of 184.47 billion coins. At the time of this writing, over 99% of the coins are already in circulation.

The founders of this privacy project are anonymous.

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Currency Name
Bytecoin
Symbol
BCN