New Bytecent Cryptocurrency Offers Innovative Proof of Miner Technology in Addition to an Unprecedented Merchant Initiative

    NEW YORK, NY, November 07, 2014 /24-7PressRelease/ -- The new cryptocurrency Bytecent (www.Bytecent.com) represents a new standard in a high-value cryptocurrency, thanks to a host of exciting features users will not find elsewhere.

First, there is a considerably limited supply of 33 million coins mined over 57 years, which translates into a tremendous opportunity for upside equity appreciation as demand for the new Bytecent cryptocurrency accelerates around the world. Bytecent provides very attractive features that hold tremendous appeal for anyone interested in a cryptocurrency that promises a reliable experience of true freedom from the constraints, annoying costs and privacy concerns associated with mainstream banks and currencies.

Fueling the excitement is the announcement that on November 10, 2014, the developer of Bytecent will release the much-anticipated Bytecent software, making it effortless for everyday consumers to access and use Bytecent. The easy to use platform will also facilitate more simplified and efficient distribution of the Bytecent wallet and miner. Users will no longer have to have a technical understanding and "techie" background to enjoy the freedoms of cryptocurrencies. That means that the Bytecent debut will introduce a vastly larger demographic population and lucrative market to the benefits and advantages that are signature Bytecent hallmarks.

Another reason that Bytecent is generating so much attention and media buzz is that it is the first Proof of Miner cryptocurrency to hit the market. The new Proof of Miner feature utilizes captcha technology to limit mining abuses while keeping the mining process tangible. Proof of Miner requires miners to enter a human readable captcha code every sixty minutes to maintain the mining process without interruption. Mining time can be extended without entering the captcha code by storing a minimum of 25 Bytecents in the local wallet. Proof of Miner renders botnet mining ineffective, while dramatically reducing the effectiveness of mining farms.

In addition to new technology and user-friendliness, another one of Bytecent's most impressive characteristics is its expansive merchant adoption initiative, an ambitious project that has already set it apart from other cryptocurrencies. While many competing cryptocurrencies face a difficult uphill challenge in terms of market penetration, Bytecent has strategically positioned itself as the first merchant friendly cryptocurrency with easy to install shopping cart plug-ins.

This revolutionary combination of flexible, adaptable, one-of-a-kind benefits promises to propel Bytecent onward and upward while simultaneously boosting its underlying market value.

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