Bytecoin (BCN) vs Monero (XMR) Comparison
User rating
Cryptogeek rating
About
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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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Monero is the most significant privacy-focused cryptocurrency on the market. It was created in 2014. The main feature of Monero is mixing of transactions in the blockchain. Third parties can't see amounts of money sent in transactions and addresses participating in operations, so all payments are untraceable. The developers are keeping it ASIC-resistant. It saves this network from centralization and gives an opportunity for GPU owners to earn something from mining Monero.
Despite its lack of serious marketing campaign Monero has gained a strong following on different forums and social media platforms. In 2016 the price of Monero began to grow. Nowadays this currency is one of the top 15 cryptocurrencies by its market cap.
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Type
Founding Date
Country
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International
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International
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Languages
Team
Protocol
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No data
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Public blockchain
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Current price (USD)
All-time high (USD)
Price change (24h)
Volume (24h)
Hashrate
Max Supply
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99999999999.99999
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No data
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Total supply
Circulating Supply
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99999999999.99999
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48626.28475
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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
4.5 / 5
2 user review
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User rating
5 / 5
3 user review
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| Cryptogeek rating |
Cryptogeek rating
4.6 / 5
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Cryptogeek rating
4 / 5
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| Trust Score
How it works
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Trust Score
4.17 / 5
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Trust Score
3.95 / 5
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| About |
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.
|
Monero is the most significant privacy-focused cryptocurrency on the market. It was created in 2014. The main feature of Monero is mixing of transactions in the blockchain. Third parties can't see amounts of money sent in transactions and addresses participating in operations, so all payments are untraceable. The developers are keeping it ASIC-resistant. It saves this network from centralization and gives an opportunity for GPU owners to earn something from mining Monero.
Despite its lack of serious marketing campaign Monero has gained a strong following on different forums and social media platforms. In 2016 the price of Monero began to grow. Nowadays this currency is one of the top 15 cryptocurrencies by its market cap.
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| Type |
Type
coin
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Type
coin
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| Founding Date |
Founding Date
2016
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Founding Date
2014
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| Country |
Country
International
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Country
International
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| Languages |
Languages
No data
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Languages
No data
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| Team |
Team
Not Public
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Team
Not Public
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| Protocol |
Protocol
No data
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Protocol
Public blockchain
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| Current price (USD) |
Current price (USD)
0.0003
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Current price (USD)
163.1715
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| All-time high (USD) |
All-time high (USD)
0.0301
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All-time high (USD)
495.8400
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| Price change (24h) |
Price change (24h)
-2.07
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Price change (24h)
0.02
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| Volume (24h) |
Volume (24h)
56.55224
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Volume (24h)
1079795.87828
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| Hashrate |
Hashrate
No data
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Hashrate
1
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| Max Supply |
Max Supply
99999999999.99999
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Max Supply
No data
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| Total supply |
Total supply
No data
|
Total supply
No data
|
| Circulating Supply |
Circulating Supply
99999999999.99999
|
Circulating Supply
48626.28475
|
| Transaction speed / Block time |
Transaction speed / Block time
500
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Transaction speed / Block time
26
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| Transaction fee |
Transaction fee
No data
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Transaction fee
No data
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| Mining profitability |
Mining profitability
low
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Mining profitability
low
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| Algorithm |
Algorithm
No data
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Algorithm
CryptoNight-V7
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| Proof type |
Proof type
No data
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Proof type
PoW
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| Fully premined |
Fully premined
No data
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Fully premined
No data
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| Smart contract address |
Smart contract address
No data
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Smart contract address
No data
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| Total coins mined |
Total coins mined
No data
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Total coins mined
17632039.18461
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| Is trading |
Is trading
No data
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Is trading
yes
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| Block reward |
Block reward
No data
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Block reward
1.554846810247
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| Block time |
Block time
No data
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Block time
120
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Social
Website
Twitter
Advantages
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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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Secure
Untraceable
Could grow rapidly with arms trading
Private, untraceable and unfungible
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Disadvantages
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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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Can be used for shady things
Not physically-backed
Risk of regulation
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Rating
| User rating |
User rating
4.5 / 5
2 user review
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User rating
5 / 5
3 user review
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| Cryptogeek rating |
Cryptogeek rating
4.6 / 5
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Cryptogeek rating
4 / 5
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| Advantages |
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.
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Advantages
Secure
Untraceable
Could grow rapidly with arms trading
Private, untraceable and unfungible
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| Disadvantages |
Disadvantages
- Very low cost of the coin;
- Lack of investments from large companies;
- Not for the short term investment.
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Disadvantages
Can be used for shady things
Not physically-backed
Risk of regulation
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Bytecoin (BCN) user rating is 4.5, based on 2 user reviews. Monero (XMR) user rating is 5, based on 3 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
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