Submit News All Crypto News

Bytecoin (BCN): Anonymity at its best

Category: General

Bytecoin (BCN) was developed two years ago in the shady underground of the dark web and was designed to offer truly anonymous financial transactions. Since then Bytecoin developers have made significant updates and community has had the chance to appreciate its full potential.
The CryptoNote protocol is something that holds the whole idea of Bytecoin together. It was developed in conjunction with Bytecoin in July of 2012. Those who see the need for freedom from financial surveillance can use the technology offered by CryptoNote and take part in automatic, decentralized, anonymous financial transactions.
The CryptoNote protocol offers untraceable payments by utilizing ring signature technology. This scheme makes it possible to sign a message on behalf of a group. While the fact of transaction taking place is clear, nobody will be able to pinpoint the transfer to a specific individual.
The CryptoNote protocol also offers unlinkable transactions. Payments are split up between multiple one-time addresses that can only be received by the person who has the correct public key. In other words, observers wonít be able to determine the amount of a transfer in total.
Since Bytecoin is open-source, it allows developers to work on top of the protocol, which makes development to be community oriented. The core developers have recently made improvements to the API, allowing anyone to make modifications at their own discretion.


Contact
Stephen Hawking
Share on Facebook Share on Twitter Share on Whatsapp Share on Reddit


Cryptocoin News RSS


XRumer 19.0 + XEvil 4.0: mass posting on 8 million websites!
XRumer 19.0 + XEvil 4.0: innovative software complex for breaking any Captcha 1. Powerful Neuronets: XEvil OCR can solve more than 12000 of different types of Captcha's, including such of popular, like Google CAPTCHA's ReCaptcha v2, v3 (in XEvil 4.0 Ultra only!), Captcha.Com, SolveMedia, Bing

Predicting the Crypto Markets with the World's 1st Crypto-themed Tarot Cards
Announcing its release of the world's very 1st crypto tarot cards on OpenSea.io, CryptoTarot is introducing a new way to get acquainted with cryptocurrency and blockchain tech, helping to facilitate wider adoption. As countless of crypto traders, gurus and enthusiasts grapple with predicting the

Pieta ICO Sale 2nd Phase is now Live: Make sure you don't miss this†one
Here is exciting news coming up for all the investors who are looking to invest in a reliable & eco-friendly solar-powered blockchain project for crypto mining operations. All such investors can join the 2nd Phase of Pietaís public ICO Sale running currently & purchase the Pieta Tokens at a discount

DAVORCOIN X (DAVX) Pre Sale is Live Now: The World First Ultimate Digital Coin
The pre-sale of DavorcoinX (DAVX) is live now with an exclusive price of $0.5. The public ICO sale will start from 15th July. Those looking to invest can register on the website now. We are glad to announce the launch of the official pre-ICO sale of DavorcoinX (DAVX) from the 1st of July. Laun

Pieta is One of the most trusted Investment Projects out there that will never let you down
One of the reasons why so many people are troubled by the idea of investing in cryptocurrencies is the lack of trust. While these crypto-tokens offer a great investment opportunity with huge return potential, people simply canít trust them because there is no centralized authority or regulation asso

14FhRj6ztVJYaeX63FxSXPyA1YUcTnCjqC
leil„o

Clarification for Users: Titan is a Coin, not a Token
Ever since the very first cryptocurrency bitcoin was created, people have been constantly confused about the difference between coin and token. While many people regard these two as the same, it is not actually the case. The existing and potential users of Titan Coin should know that this is a co

Pieta Project Concept Is Great, Coin Value Will Increase Very Soon
Individual and institutional investors who have already invested in the Pieta project are happy with their investment and continuously motivating other people to invest in the project as well. According to a number of expert investors who have already become a part of Pieta, the project concept i

DavorcoinX Launch Airdrop - Each Participant Can Earn 100 DAVX Free Coin. Join Today
Davorcoin X (DAVX) is a new, revolutionary cryptocurrency which has been launched with the aim to make digital payments secure and convenient for everyone. DAVX intends to present the best case for an alternative payment currency which is the same as bitcoin and Ether in functioning & features but a

A beginnerís guide to cryptocurrency investments
Daily internet break about peopleís high soaring bank account with the investment in cryptocurrencies, led envisioning the currency as a become-quick-rich investment. At the other end, it is also misunderstood as a currency of speculation because of its price flexibility. This is not the case either

Contact: daniel@coincrunch.com Submit News RSS