Trading activity:
Reported 24-hour volume equals 0.00% of market capitalization. The local markets snapshot lists HitBTC among venues with observed trading activity.
YearBull indicators:
Bull Score 0/100.
YB Market Risk —. This relative market-volatility label is not an investment-safety assessment.
Observed price change: 24h 0.00% · 7d 0.00% · 30d 0.00%.
Values are descriptive and should be read together rather than as a price forecast.
Read the YearBull methodology.
Snapshot date: 2026-10-27.Data history: 72 daily observations available in the latest 90-day window.
Methodology responsibility:
YearBull’s analytical methodology and presentation rules are developed and maintained by
Alan Zelvin, Founder & Lead Crypto Researcher.
This note identifies responsibility for the methodology; it does not attribute authorship of this data snapshot.
What is Bytecoin (BCN)?
Source description
“Bytecoin is the first cryptocurrency created with CryptoNote technology. Bytecoin allows users to make absolutely anonymous money transfers through the CryptoNote algorithm. CryptoNote uses CryptoNote ring signatures to provide anonymous transactions and allows you to sign a message on behalf of a group. The signature only proves the message was created by someone from the group, but all the possible signers are indistinguishable from each other. Even if outgoing transactions are untraceable, everyone may still be able to see the payments received and thus determine one's income. By using a variation of the Diffie-Hellman exchange protocol, a receiver has multiple unique one-time addresses derived from his single public key. After funds are sent to these addresses they can only be redeemed by the receiver; and it would be impossible to cross-link these payments. As a primarily peer-to-peer (p2p) payment system, Bytecoin has many of the same use-cases as Bitcoin. Created in 2012, Bytecoin is one of the earliest developed cryptocurrencies. Until recently, the team behind the coin has kept themselves anonymous. Now, though, they’ve opened up multiple communication channels, removed some layers of anonymity, and even built several local communities. Bitcoin’s PoW consensus algorithm heavily favors miners that use powerful GPU and ASIC machines over those trying to mine with CPUs. This causes the network to centralize around the more powerful miners. Bytecoin attempts to close the gap between these two classes of miners with a new algorithm, Egalitarian Proof-of-Work (PoW). Egalitarian PoW uses a version of skrypt, a proof of work function similar to the hashcash function used by Bitcoin. The difference between the two is that scrypt isn’t memory bound.”
This source-supplied description may contain old, promotional, or unverified claims and is not YearBull editorial analysis.
Recorded network: native asset or no separate token platform identified
Recorded launch or genesis date: 2012-07-04
Official links and contract records appear in Key Facts. Project details can change, so verify current information with the project.
Bytecoin (BCN) FAQ
How do Bytecoin’s ring signatures support transaction privacy?
Bytecoin uses CryptoNote ring signatures, which let a transaction be signed on behalf of a group of possible signers. The signature confirms that someone in the group authorized the transaction, while making the individual signer indistinguishable from the others. The project presents this mechanism as a way to make outgoing transfers difficult to trace, although privacy outcomes can depend on broader transaction activity and analysis.
How does Bytecoin use one-time addresses for incoming payments?
The project says Bytecoin derives multiple unique, one-time addresses from a recipient’s single public key using a variation of the Diffie-Hellman exchange protocol. Funds sent to those addresses can be redeemed only by the intended recipient, while separate payments are designed to resist cross-linking. This approach addresses the visibility of incoming payments, which can otherwise reveal patterns about a user’s income.
What problem is Bytecoin’s Egalitarian Proof-of-Work intended to address?
Bytecoin presents Egalitarian Proof-of-Work as an effort to reduce the advantage held by miners using powerful GPUs and ASICs. The algorithm uses a version of scrypt, a proof-of-work function that is less memory-bound than Bitcoin’s approach and can support efficient CPU mining rigs. The project still acknowledges that GPUs may remain substantially more effective than CPUs.
How has Bytecoin’s project organization changed since its early years?
Bytecoin’s project history is described as fragmented, with isolated teams and multiple forks or versions emerging during its early development. In July 2017, the team said it was changing its public image and becoming more transparent by opening communication channels and building local communities. The team nevertheless remained pseudonymous, presenting names and photographs without biographies or social-media links.
What development plans did Bytecoin announce for 2018?
The project stated that it was refactoring its code and planned to release a new public API on February 6, 2018. It also said it intended to expand into Asian, Middle Eastern, and African markets during 2018. These are historical project plans rather than confirmation that the API release or regional expansion occurred as outlined.
Bytecoin metric comparison
This comparison is a stored snapshot generated 2026-10-22 06:31 UTC from 273 daily observations available from 2025-12-30 through 2026-10-21. It is separate from the latest analytical cards above. Percentiles compare the snapshot value with that day's analytical universe; a higher percentile means a larger observed value, not necessarily a better investment characteristic.
Metric
Snapshot
30d before
90d before
Change vs 30d
Universe percentile
Price
$0.00002329
$0.00002329
$0.00002498
0.0%
n/a
Market cap
n/a
n/a
$4.60M
n/a
n/a
YearBull Rank
n/a
n/a
n/a
n/a
n/a
Bull Score
n/a
n/a
n/a
n/a
n/a
Turnover
n/a
n/a
0.00%
n/a
n/a
YB Market Risk
n/a
n/a
Low
n/a
n/a
Cycle
n/a
n/a
Early
n/a
n/a
Median absolute daily movement 0.56%; distance from the highest local daily price -98.4%; circulating supply change 0.0%. These measurements are descriptive and do not predict future direction.
YearBull Rank context
Latest available YearBull Rank for bytecoin: #7309.
Rank timeline (last 365 days)
Rank change (nearest points).
Reading rule: lower is better in this ranking.
7d window: no reference point available.
30d window: no reference point available.
Risk angle: short bursts do not always translate into durable placement. If the last week is quiet, the current rank is usually easier to trust.
Orderflow context: deep markets usually produce smoother rank paths. If the curve improves but won’t hold, treat it as flow-driven.
Cycle framing: phase changes usually leave a footprint in consistency. If 7d and 30d disagree, treat it as a transition window.
Access context: one venue can dominate the profile in short windows. If rank improves slowly, it often reflects broader access or steadier participation.
YearBull Rank is an internal ordering on YearBull that positions a coin relative to the rest of the tracked universe. It is best read as relative context across time windows, not as a guarantee.
Editorial note:
This analysis was prepared by the YearBull research team under the direction of
Alan Zelvin,
Founder and Lead Crypto Researcher.
The assessment follows YearBull’s internal research methodology and editorial standards.
Methodology ·
Editorial Policy
Related Research
Continue with contextually connected profiles and category data:
Venue refresh pending. Markets last checked: 2026-07-26. The next refresh is queued in the hourly updater. Venue listings and volumes are stored snapshots, not live quotes.
![Quickswap [OLD] (QUICK) (QUICK) logo](https://yearbull.com/wp-content/uploads/coin-images/quick.webp){kind=small}
