Many cryptocurrency traders might not be aware that Bytecoin (BCN) was the first new generation anonymous cryptocurrency and the first virtual currency to use CryptoNote technology for its launch on July 4th, 2012. Bytecoin (BCN)ensures that transactions remain anonymous and untraceable through its use of ring signatures that ensure wallet balances are private. Even though Monero (XMR) developed as a result ofBytecoin (BCN), Monero (XMR)is presently at the 12th position in market cap as of the time of writing this article, while BCN in the 24th position. This as a result of the withdrawal of most of its community members when a pre-mined scam was announced in the media. However, in recent time, most investors are beginning to trust the coin and it was able to hit about 154% increase within 30 days, from April 2, 2018, to May 2, 2018. BCN traded at $0.002166 on April 2 and $0.005514 on May 2. What Makes Bytecoin (BCN) a Good Bye? 1) Return of investors interest: The return of investors could be observed from the volume of trades BCN experienced between April 2 to May 2, 2018, which ensured that it returned back to its market capitalization that is above $1 billion within this duration. During this time, its trading volume moved from 825,353 to 6,643,490 which represents 5,818,137 increase and a percentage rise of 704.93%. 2) Addition of new exchanges on the horizon: Even though Poloniex exchange stopped deposits and withdraws of Bytecoin (BCN), on May 1st the ban was lifted and transactions could be processed. Also, the Bytecoin (BCN) team is on the verge of reaching consensus with Binance and Bitfinex, which has led to most of its community members to  hodl because such trades increase value more than its present performance. This is because less than 1 billion BCN remains to be mined, out of close to 185 billion in total supply. 3) Strategic partnerships: BCN team are striving had to ensure that its holders and traders are open to manymarkets. Because of this, they are handing out an airdrop of 195k BCN to the first 20 traders who make the most trades, with a benchmark of 25k BCN to be traded in the partnering exchange The price ranges from 65k BCN to 2500 BCN. The duration is from April 30th, 2018 to May 20th, 2018. 4) Acceptance of ASIC mines: In a place where most coins refused to accept ASIC mines for mining, even Monero (XMR), the BCN team said that to improve the efficiency of mining and also the profitability they will accept ASIC mines. This is because Bitmain, the producer of the ASIC mines, had made a commitment to introduce FPGA devices in its new ASIC mines ensuring an easy adjustment to a code change that will not affect the mines. They also believe that ASIC mines are better than CPU and GPU mines. These mining activities will increase BCNvalue. Based on the four points discussed, I believe you will easily agree with me as to why I believe BCN is a worthy 

Fellow Bytecoiners! Let's help @GiveBytes win the Virgin Media startup competition and vote on this project on Give Bytes is a true game changer in crowdfunding. It’s the first platform that allows anyone with a computer to contribute to a crowdfunding campaign without spending money. Thanks to Blockchain technology and the process of browser-mining any person in the world with access to online computer can chip in. The donated processing power is used to mine cryptocurrency which is then converted to traditional money and transferred to the fundraiser. This disrupts the current status quo, where only wealthy compassionate people can help others. The Give Bytes project is also enabling transparent corporate social responsibility (CSR) where in exchange for logo placement sponsors will be able to match the computing power generated by all campaign supporters so that the fundraiser receives even more. This way it's a 3 x WIN situation for the fundraiser (the campaign receives even more), the supporters (their donations for the campaign they are supporting are increased) and the sponsor (they're sponsorship is visible to everyone who is mining for this campaign). It's a noble idea and it promotes Bytecoin so it will definitely help us moon very soon! Let's show the power of this community and win this competition!
The Bytecoin Team has released the Amethyst Beta, introducing Auditable coins in the Stagenet. Read more about the technology behind Auditable wallets here: can get the Beta software for early testing in the Stagenet at: