The first private
Bytecoin is powered by Cryptonote Technology
Bytecoin implements the ring signature technology to sign the transactions of a given user on behalf of the group. This results in a robust and completely anonymous payment scheme.
In regular blockchain, anyone can see the payments you have received and determine your income. Bytecoin eliminates this vulnerability by providing users with multiple, one-time addresses derived from the user's public key. This makes linking transactions impossible.
Bytecoin is a cryptosystem with no hard-coded constraints. It results in a flexible blockchain that adapts to the network state and capabilities and generates a block every 2 minutes.
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