Bytecoin (BCN)
CryptoScore Pro global score : 52/100 (computed on 2026-10-29)
Bytecoin (BCN) is a privacy-focused cryptocurrency launched in 2012, making it one of the first digital currencies to emphasize anonymous transactions. It is based on the CryptoNote protocol, which utilizes ring signatures and one-time addresses to obscure transaction details, ensuring user privacy and fungibility. Bytecoin aims to solve the problem of traceable transactions observed in many other cryptocurrencies by providing a secure and untraceable method of transferring value. The underlying blockchain uses a decentralized, peer-to-peer network with a consensus mechanism based on Proof-of-Work (PoW), similar to Bitcoin, but with enhanced privacy capabilities. Bytecoin's tokenomics include a total supply reaching 184.47 billion BCN, with no maximum supply limit, making it inflationary. The project is governed by a decentralized community, with development overseen by the Bytecoin team and contributors from around the world. Bytecoin has been adopted by various privacy-centric communities and is listed on several cryptocurrency exchanges. Key milestones include its launch in 2012 and subsequent updates to improve privacy and security features. Unique differentiators include its…
Scores by pillar
| Technology | 44/100 |
|---|---|
| Tokenomics | 75/100 |
| Team | 63/100 |
| Adoption | 49/100 |
| Liquidity | 30/100 |
| Compliance | 77/100 |
Market data
| Price | $0.00002746 |
|---|---|
| 24h volume | $3.42 |
| 24h change | 0% |
| 7d change | -5.2% |
| Blockchain | Bytecoin |
| Sector | Privacy |
Analysis
The BCN token powers the Bytecoin network. This Layer 1 protocol uses CryptoNote, a transaction-obfuscation mechanism. The chain relies on Proof-of-Work, a mining-based consensus. The token is used for anonymous value transfer via ring signatures and stealth keys that mask the sender.