Posts Tagged ‘Bytecoin exchange’

Bytecoin (BCN) CryptoNight-based alternative cryptocoin

13, Mar 2014

bytecoin-logo

Bytecoin (BCN) is an alternative cryptocurrency, but it is not a fork Bitcoin and uses the unique algorithm CryptoNight, based on CryptoNote technology. Bytecoin is an open decentralized cryptocurrency. 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.

Website:
– https://bytecoin.org/

Block Explorer:
– http://chainradar.com/bcn/blocks

Coin Specifications

  • CryptoNight Algorithm
  • Total coins: 18 446 744 073 709 551 616 atomic units (= 184.46 billion BCN)
  • Block reward decreases each block according to the formula: BaseReward = (MSupply – A)/218, where MSupply = (264 – 1) atomic units and ‘A’ is amount of already generated coins
  • One coin is divisible down to 8 decimal places (divisible up to 108)
  • Block time: 120 seconds (2 minutes)
  • Difficulty retargets each block

Wallet:
– Windows
– Linux
– Mac OS

Source Code:
– at GitHub

Mining Pools:
– MinerGate
– http://bytecoin.miner.center/
– http://bcn.democats.org/
– http://cryptonight.net/
– cryptmonero.com/bytecoin/

Coin Exchanges:
– HitBTC
– Gateio
– Crex
– Stex


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