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Bytecoin priceBCN
Bytecoin price calculator
More cryptocurrencies calculator >Bytecoin price live data summary
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About Bytecoin (BCN)
Bytecoin is a type of cryptocurrency that was first launched in 2012. It was built based on the principles of blockchain technology, which allows for a decentralized and secure way of transferring value. One of the key features of Bytecoin is its focus on privacy. When compared to some other cryptocurrencies, Bytecoin offers greater anonymity in the way transactions are conducted. This is achieved through the use of special algorithms that make it hard for the transactions to be traced. Another important aspect of Bytecoin is its unique mining process. Unlike other cryptocurrencies that use a proof-of-work system, Bytecoin uses a different algorithm called "CryptoNight". This algorithm is designed to be memory-bound, which means that it requires more memory to mine than other algorithms. This approach makes it harder for large mining operations to monopolize the network. Bytecoin's supply is limited to 184.47 billion coins. This is a contrast to other cryptocurrencies such as Bitcoin, which has a fixed supply of 21 million coins. This means that Bytecoin has a larger supply, but this allows for greater accessibility and affordability for people who want to invest in cryptocurrency. In addition, Bytecoin offers fast and low-cost transactions, making it a suitable option for those who wish to send or receive funds without high fees or long waiting times. While Bytecoin may not be as well-known as some other cryptocurrencies, it still has a dedicated community and continues to develop new features and improvements. It remains to be seen how Bytecoin will fare in the longer term, but its focus on security and privacy makes it an interesting option for those who prioritize these values in their cryptocurrency investments.
Bytecoin price performance in USD
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Bytecoin Social Data
In the last 24 hours, the social media sentiment score for Bytecoin was 3, and the social media sentiment towards Bytecoin price trend was Bullish. The overall Bytecoin social media score was 0, which ranks 1546 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Bytecoin being mentioned with a frequency ratio of 0%, ranking 1546 among all cryptocurrencies.
In the last 24 hours, there were a total of 100 unique users discussing Bytecoin, with a total of Bytecoin mentions of 12. However, compared to the previous 24-hour period, the number of unique users increase by 104%, and the total number of mentions has increase by 71%.
On Twitter, there were a total of 1 tweets mentioning Bytecoin in the last 24 hours. Among them, 100% are bullish on Bytecoin, 0% are bearish on Bytecoin, and 0% are neutral on Bytecoin.
On Reddit, there were 50 posts mentioning Bytecoin in the last 24 hours. Compared to the previous 24-hour period, the number of mentions increase by 525% .
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