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.
In order to distinguish Bytecoin network from Bytecoin currency, the latter is referred to as BCN. For instance, current Bytecoin emission rate is 65,000 BCN each 120 seconds.
Proof-of-work algorithm: CryptoNight
Block time: 120 seconds
Difficulty Retarget: each block
Block Reward Retarget: each block according to the formula:
-BaseReward = (MSupply - A)/218
-where MSupply = (264 - 1) atomic units and 'A' is amount of already generated coins
Divisible up to: 108 units
Total Coins: 18,446,744,073,709,551,616 atomic units (~ 184.47 billion BCN)
|ULLO||Economist / Media Relations|