BYTCOIN

About BYTCOIN token

Bytcoin: A Peer-to-Peer Electronic Cash System
Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending.
We propose a solution to the double-spending problem using a peer-to-peer network.The network timestamps transactions by hashing them into an ongoing chain of
hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of
events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to
attack the network, they'll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.

Key metrics & performance data

($BYC) is a Binance Smart Chain-based cryptocurrency token with this contract address 0xf333b913AeF13ed5D3B90c8560856c3eA1c18507. The official launch date of the token was October 15, 2022.

Currently, the BYTCOIN price is $0.00129739607345215 with a 0.00% increase in the last 24 hours. $BYC is held by 1,153 unique holders, with the top 10 collectively owning only 0.93% of the total supply.

Current site metrics show that $BYC is ranked 278th in popularity, and 5410th in GuGu Rank.