Bitcoin (BTC) vs Bytecoin (BCN) Comparison
User rating
Cryptogeek rating
About
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Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
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Bytecoin (BCN) is one of the first digital coins based on the CryptoNote software algorithm. The Bytecoin cryptocurrency is an independent project that is developing in isolation from bitcoin and altcoins based on this currency. You can check Bytecoin's market cap and volume on the widget of our partner. Also, you can see the latest BCN price on Cryptogeek.info. You can leave your feedback and reviews about Bytecoin cryptocurrency here.
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Type
Founding Date
Country
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International
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International
|
Languages
Team
Protocol
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Public blockchain
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No data
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Current price (USD)
All-time high (USD)
Price change (24h)
Volume (24h)
|
2422819702.00083
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13871.42670
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Hashrate
Max Supply
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21000000.00000
|
99999999999.99999
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Total supply
Circulating Supply
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19692421.00000
|
99999999999.99999
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Transaction speed / Block time
Transaction fee
Mining profitability
Algorithm
Proof type
Fully premined
Smart contract address
Total coins mined
Is trading
Block reward
Block time
| Company |
|
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| User rating |
User rating
2.0 / 5
2 user review
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User rating
4.5 / 5
2 user review
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| Cryptogeek rating |
Cryptogeek rating
4.2 / 5
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Cryptogeek rating
4.6 / 5
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| Trust Score
How it works
|
Trust Score
3.74 / 5
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Trust Score
4.17 / 5
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| About |
Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
|
Bytecoin (BCN) is one of the first digital coins based on the CryptoNote software algorithm. The Bytecoin cryptocurrency is an independent project that is developing in isolation from bitcoin and altcoins based on this currency. You can check Bytecoin's market cap and volume on the widget of our partner. Also, you can see the latest BCN price on Cryptogeek.info. You can leave your feedback and reviews about Bytecoin cryptocurrency here.
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| Type |
Type
coin
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Type
coin
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| Founding Date |
Founding Date
2009
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Founding Date
2016
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| Country |
Country
International
|
Country
International
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| Languages |
Languages
No data
|
Languages
No data
|
| Team |
Team
Not Public
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Team
Not Public
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| Protocol |
Protocol
Public blockchain
|
Protocol
No data
|
| Current price (USD) |
Current price (USD)
60185.1912
|
Current price (USD)
0.0003
|
| All-time high (USD) |
All-time high (USD)
20089.0000
|
All-time high (USD)
0.0301
|
| Price change (24h) |
Price change (24h)
-5.35
|
Price change (24h)
-2.90
|
| Volume (24h) |
Volume (24h)
2422819702.00083
|
Volume (24h)
13871.42670
|
| Hashrate |
Hashrate
93000000000
|
Hashrate
No data
|
| Max Supply |
Max Supply
21000000.00000
|
Max Supply
99999999999.99999
|
| Total supply |
Total supply
No data
|
Total supply
No data
|
| Circulating Supply |
Circulating Supply
19692421.00000
|
Circulating Supply
99999999999.99999
|
| Transaction speed / Block time |
Transaction speed / Block time
7
|
Transaction speed / Block time
500
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| Transaction fee |
Transaction fee
1
|
Transaction fee
No data
|
| Mining profitability |
Mining profitability
low
|
Mining profitability
low
|
| Algorithm |
Algorithm
SHA-256
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Algorithm
No data
|
| Proof type |
Proof type
PoW
|
Proof type
No data
|
| Fully premined |
Fully premined
No data
|
Fully premined
No data
|
| Smart contract address |
Smart contract address
No data
|
Smart contract address
No data
|
| Total coins mined |
Total coins mined
18433468.00000
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Total coins mined
No data
|
| Is trading |
Is trading
yes
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Is trading
No data
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| Block reward |
Block reward
6.250000000000
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Block reward
No data
|
| Block time |
Block time
600
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Block time
No data
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Social
Website
Twitter
Advantages
|
- Anonymity;
- Small commissions;
- High translation speed;
- Blockchain technology;
- The new payment method officially legalized in a number of countries.
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- Ensuring the security of users' funds, storing them in the form of Bytecoins. Users' digital coins are protected by an advanced cryptographic encryption algorithm;
- Protection of personal user information when performing financial transactions;
- Possibility of crypto mining both on the processor and on a mid-level video card, which makes it possible for a larger number of users to plunge into the world of mining;
- All transactions are carried out instantly and there is no commission;
The coin has built-in protection against fraudulent activities, as well as against double-spent of funds and refunds at the end of transactions;
- The use of Bytecoin's deflationary scheme. The final number of cryptocoins is limited by the creators. It is gradually becoming more and more difficult to mine bytes, which after a while should lead to a rise in the value of the currency.
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Disadvantages
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- Attack 51%;
- Illegality in many countries;
- Unpredictable rate.
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- Very low cost of the coin;
- Lack of investments from large companies;
- Not for the short term investment.
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Rating
| User rating |
User rating
2.0 / 5
2 user review
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User rating
4.5 / 5
2 user review
|
| Cryptogeek rating |
Cryptogeek rating
4.2 / 5
|
Cryptogeek rating
4.6 / 5
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| Advantages |
Advantages
- Anonymity;
- Small commissions;
- High translation speed;
- Blockchain technology;
- The new payment method officially legalized in a number of countries.
|
Advantages
- Ensuring the security of users' funds, storing them in the form of Bytecoins. Users' digital coins are protected by an advanced cryptographic encryption algorithm;
- Protection of personal user information when performing financial transactions;
- Possibility of crypto mining both on the processor and on a mid-level video card, which makes it possible for a larger number of users to plunge into the world of mining;
- All transactions are carried out instantly and there is no commission;
The coin has built-in protection against fraudulent activities, as well as against double-spent of funds and refunds at the end of transactions;
- The use of Bytecoin's deflationary scheme. The final number of cryptocoins is limited by the creators. It is gradually becoming more and more difficult to mine bytes, which after a while should lead to a rise in the value of the currency.
|
| Disadvantages |
Disadvantages
- Attack 51%;
- Illegality in many countries;
- Unpredictable rate.
|
Disadvantages
- Very low cost of the coin;
- Lack of investments from large companies;
- Not for the short term investment.
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Bitcoin (BTC) user rating is 2.0, based on 2 user reviews. Bytecoin (BCN) user rating is 4.5, based on 2 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
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