Privacy coins continue to gain traction in the cryptocurrency industry. They appeal to those people who desire to keep their activities and identities off the public eye. Bytecoin (BCN) according to its website is “The first private untraceable cryptocurrency” that provides a clear way to a private future for its users.
Bytecoin surged tremendously during the trading session yesterday, Tuesday 28 after the network announced that BCN deposits and withdrawals are now opened on Poloniex cryptocurrency exchange. The team went ahead to say that the United States-based exchange has been one of their oldest partners. At the time of writing Bytecoin is up 13.20% in the last 24 hours and is exchanging at $0.002211. The digital asset’s trading volume more than double from $4.3 million on August 27 to $9.6 million at the close of the session yesterday. The market capitalization reflected the surge with an increase from $342 million to $404 million at the time of writing.
Recently, Bytecoin (BCN) announced the public release of v3.2.4 testnet. This launch is essential to Bytecoin ecosystem because it is laying the groundwork for a future large-scale infrastructure referred to as stagenet. The release can be found on the website as well as Bytecoin’s GitHub page.
The upgrade introduced the testnet functionality and “Fixed WRONG_BLOCKCHAIN problem when walletd ends up in a state where it could not sync with bytecoind.” It also “Put a stop to infinite attempts to download the blockchain from nodes which are lagging behind.”
Significantly, the software v3.2.4 is not only meant for the testnet functionality, it also carries out important fixes that better the user experience. The team further said that the test phase infrastructure is currently in its final preparation stage and will in future be utilized in innovations. Moreover, the infrastructure will be released with considerations for future scalability along with high loading. However, it is vital that the community takes part in the tests in order to make software audits better and faster. The network recommended that:
“Our users and integrators to update their software versions in a timely manner, as the latest versions provide much more stability and functionality.”
That is, however, not all from the Bytecoin team, they have also announced the launch of an Android Mobile Wallet. The wallet integrates new amazing features such as the ability to buy BCN using ETH. This feature gives users an option to the already available BCN purchase using BTC. The mobile wallet is integrated with the web wallet, which means that the same account can be used across the two platforms. Users can view the activities of the mobile wallet on the web wallet and vice versa.
In addition to that, Chinese language has been added to the platform. Besides, the team is making plans to add the support for more languages in the near future. Importantly, the design of the mobile app is intuitive and has made it possible for users to have access to their funds even on the go.
It is essential to note that, currently the wallet is accessible to Android devices via an APK that can be found on the website for downloads. However, soon the application will be available on Google Play Store.