29 Jun 2018 Pavel Petrov
Bytecoin Hits the News with Roadmap Update
One of the highlights is the introduction of the new high-load resistant release, set to go live on July 23th, 2018. This update will enable processing of high load instances on the network, ensuring all transactions are successful and none are displaced from pools. This will be possible thanks to the newly developed internal guard mechanism. The Bytecoin wallet cache will also receive a touch-up - improvement of its blockchain scanning abilities.
In the middle of Q3, the 17th of August is the launch date of the public TestNet release, when Bytecoin developers will be able to try out the top-notch updates. Moreover, a test coin will be released on its blockchain with the pleasant surprise for users to mine it and complete transactions in the TestNet without fees.
The last day of August will mark the most prominent change planned on the roadmap - the release of a hard fork and the introduction of dynamic fees. This protocol-breaking improvement will empower the Bytecoin ecosystem in increasing miner’s rewards and prioritizing transactions according to the fee set by the sender.
Similarly to other coins, the Bytecoin team has focused on developing the project and the hard fork, rather than building up an intense calendar of marketing activities.
The exciting news of an upcoming hard fork and update skyrocketed Bytecoin’s price by almost 10% into the green to 0,04 USD. With over $25 million in trading volumes and a market cap of $568 million, it's safe to say that Bytecoin’s future looks bright with a steady growth rate.