Bytecoin to Undergo Lots of Revolutionary Upgrades, Shares New BCN Roadmap Highlights

A lot could be happening to Bytecoin, one of the real OGs in the cryptocurrency market. BCN, a controversial coin which prides itself as the chief privacy and anonymous transactions-oriented asset, is set to undergo massive upgrades.

What is Bytecoin?

Bytecoin isn’t exactly the kind of cryptocurrency that can create a buzz in the crypto market, thanks to its sordid and debatable past.

Ever since its release in 2012 (not the misleading 2014 that the developers had earlier postulated), BCN hasn’t really commanded the kind of respect it deserves. This is, despite having a market cap of $100 million.

About the Roadmap

According to a roadmap released to highlight this coin’s anticipated growth, tons of important alterations are set to shape the future BCN coin. It is coming in the wake of the release of Amethyst Version 3.4.1, the platform’s latest software update.

Built on top of the now-commonplace CryptoNote application layer, BCN developers are now eager to develop it further. And work might have already started with the newly unleashed Amethyst Version 3.4.1 and the associated modifications.

Enhancing scalability

Part of the developments, according to the roadmap, will aim at enhancing how the memory pool and platform’s core software relate. The essence of doing this will be to get rid of lag times, reduce the computational burden of the miners and effectively help miners extract more coins.

Introduction of the Hardware Wallet Support feature

Another incredibly important day on the roadmap is the 4th of April. This is when the official “Pull Requests” are slated to be completed to the platform’s Ledger and Trezor software repositories. The requests are special appeals lodged in order to update an already-existing code.

Developers of BCN are optimistic that they will eventually add codes for Bytecoin support on its hardware wallets. If the alterations are approved, this coin’s community of BCN holders will be at a huge advantage as well.

There will be a Mainnet hard fork

The roadmap also details what would follow after the release of Amethyst Version 3.4.1 and the introduction of the all-important hardware wallet support.

Basically, the two will pave way for a scheduled Mainnet hard fork whose happening will fundamentally improve the platform. Essentially, the hard fork will revolve around the new software and will only take place upon releasing of 90% of the 720-block frame.

Other upgrades

Towards the end of the roadmap, however, is a total makeover of the Bytecoin desktop app. Some of the alterations expected include getting a new and interactive look and enhancing its functionality.

At almost the same moment, the team will be embarking on eventually unleashing the long-awaited Bytecoin Gateway Project. This project possibly holds the key to finally unlocking the barriers that have been standing in the way of the project’s expansion.

Releasing Bytecoin 3.6.0

Before the year ends, however, Bytecoin’s development team will be well on course and ready to release Bytecoin 3.6.0. The new version will feature a fully-functional messaging feature plus a host of features, including the ability to hide funds incurred while transacting.

All these activities, according to Jenny Goldberg, the project’s CMO, will make Bytecoin realize the positive growth it has been yearning for. He, however, sticks to the fact that everything captured on the roadmap must adhere to the project’s original principles.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide