Bytecoin is a cryptocurrency that was first to implement the CryptoNote protocol. Bytecoin made a significant impact on the cryptocurrency industry and remains to be one of the most popular coins on the market to this day. Bytecoin became a base for multiple forks, some of which are Monero, AEON, and Fantomcoin.
There is no doubt that mining is the backbone of every cryptocurrency. Whether it is on a mobile phone, ASIC, or hardware in the Cloud, it is these computations, big or small, that make the transactions of users possible. Here is an up-to-date review of the CryptoNote mining scene.
Dear miners, We’re glad to inform you that MinerGate multicurrency mining pool is now compatible with NiceHash. Through NiceHash Miner GUI software, users can sell the computing power of their CPUs, GPUs, ASICs and rig farms, to buyers who use it to mine with larger pools. To benefit from this feature, MinerGate users simply need […]
You may have heard that Monero (XMR) is about to undergo a “hard fork” which will produce a brand new coin, Monero V (XMV). Originally this fork was scheduled for March 14 but was postponed to the end of April for a few reasons. First of all, the Monero network is going to be updated […]
According to the official announcement, Monero team is going to change PoW and issue a new algorithm CryptoNightV7. The main cause for the change is “to maintain ASIC resistance by swiftly reacting to any potential threat from ASICs and considering slightly modifying the PoW at every hardfork.” The Monero team is protecting XMR from the […]
CryptoNight is a proof-of-work hashing algorithm developed to suit a regular PC with CPU-based computing principles. It originates from CryptoNote protocol that requires 2 Mb per instance. A megabyte of internal memory is an almost unacceptable size for a modern ASIC pipeline, so the consensus is meant to be ASIC resistant. However, some of you […]
Privacy within the cryptocurrency ecosystem is a much sought-after feature, and no one does it better than Monero (XMR). With ever increasing government and regulatory pressure, Monero offers a privacy solution in the form of ring signatures, ring confidential transactions, and stealth addresses to obfuscate the origins, amounts, and destination addresses of all transactions on the […]
Blockchain tech has been making waves as it is rapidly implemented into business models, governing systems, and educational endeavors all over the world. There is no question that this tech, which was born as the driving force of cryptocurrency, is fundamentally changing the world. However, with the inherent need for transparency that blockchain can provide, […]
Everything in cryptocurrencies is experimentation and learning, if you discover a coin you have to study and learn from it to know it. AEON gathers everything to become a “lifestyle” as its official website says. AEON is a private, secure, untraceable currency. You control your funds, and nobody can trace your transfers. It has the […]
Bytecoin’s BCN price soared during the preceding month scoring a 312% rise in its value, even though bitcoin has been witnessing a relatively powerful bearish wave during most of this period. Even more, Bytecoin is one of the cryptocurrencies whose price are expected to reach higher levels in 2018 for many reasons, especially that the […]