Bytecoin is an open-sourced, private and untraceable virtual currency that was launched back in 2012. It is the first cryptocurrency to implement the CryptoNote technology as a default aspect to build a project. The currency was widely spread in the dark net as one of the most popular available methods for payment.
With the total supply of 184 billion.Bytecoin (BCN) is experiencing a 114% increase after being listed in Binance.
Did you think is the next big thing after ripple?
Let me correct you buddy. None use bytecoin. Not on dark markets not anywhere else.
There is zero development. Even maintaining is super poorly.
Most likely there are way more coins in existence then 184 billion because of bug that was known to Bytecoin developers quite some time and not fixed.
Bytecoin is today just a pump and dump scheme. When it was presented in 2014 it was get rich fast scheme, since developers lied that it started in 2012 already, but claimed it started in 2014 when they presented it on this forum, but most coins were already mined in secret.
Couldn't agree more, bytecoin is like other altcoins (such as dogecoin) a typical pump and dump coin. Don't be fooled by the big rise you are seeing right now.