ByteCoin

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This page was last edited on 14 March 2016, at 20:56.

ByteCoin (BCN) is a cryptocurrency based on CryptoNote and uses the Cryptonight proof of work algorithm.

My Address: 

29ZqkPYqohj4ucFQajWCgbLBbVNJeNTBidnJry6KvDnaiQV5hUH3HpFC5NaPEXAEbeS2VzXJxZarMGxL4JM1vawo6i8nbSb

Specifications

ByteCoin has an average block time of 2 minutes. The proof of work algorithm uses AES encryption rounds against 2 MB of memory which makes it ASIC resistant.

This was launched on July 4th, 2012 and will have a maximum supply of 184 billion coins.

Simple Wallet

Transferring ByteCoin

To transfer bytecoin, use the transfer command: 

transfer <mixin_amount> <address> <sum> [-p payment_id]

Where:

  • <mixin_amount> identifies the level of anonymity of the payment, but using 0 is just fine in most cases.
  • <address> is the service's address (used by all the users to deposit funds).
  • <sum> is the deposit sum.
  • [payment_id] is a unique 32-byte identifier of the user assigned by the service, which should be indicated after "-p".

For more information see: https://wiki.bytecoin.org/wiki/Accepting_Bytecoin_payments_with_simplewallet

For example, to transfer 100000 with no mixin: 

transfer 0 24zavX3Bi2PiKGWLKh4bPGTiMsn4iHf3Y6JnKCF6V1PeBpDpuwiAMZ8di7ok6B5SQT6UXUtQgusruCoXbqUZm8VJAfq2xKK 100000

-p bc6129383a475a8a323089ee83db98055768091446b90434665e03c86a402558


See Also

Miner Pools: