Bytecoin is a private, decentralized cryptocurrency with open source code that allows everyone to take part in the Bytecoin network development. Privacy and security come naturally from using Bytecoin.The best solution for those who want to keep their financial privacy. Instant private transactions are provided all around the world by the Bytecoin Network, they are totally untraceable, and they don’t require any additional fees. Bytecoin has 7 mining pools and uses the CryptoNight algorithm.