All transactions are carried out each 120 seconds. Miners ensure that the transactions are processed correctly and provide cryptographic protection of transactions and personal data. However, miners cannot access users’ financial data since Bytecoin protects the identity of the sender and the receiver, and conceals the sum transferred.
As a reward, miners receive roughly 65,000 BCN (Currently 4848 BCN) each 120 seconds. Such approach allows both new money emission and zero-fee transactions.
Bytecoins are gradually getting more expensive over time, since the emission is limited to 184.47 billion BCN. The number of Bytecoin emitted each 120 seconds is slightly decreasing. As a result BCN gains value and exchange rate increase.
While currencies with sharp decrease of reward per block are exposed to intense declines in network power, Bytecoin emission is decreasing slowly, which protects the currency from economic shocks.

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