Bytecoin, the first crypto to use the CryptoNote protocol, has announced that it has updated its systems with state of the art software. The update has addressed the main technical issues prevalent within the system and has made it more reliable and stable. 

The Bytecoin Beta Release was offered to users on February 6th. The update was undertaken by Bytecoin\'s developers, who are looking to boost Bytecoin\'s popularity. Jenny Goldberg, who led the company\'s latest developments, defines Bytecoin as practically unique in the world of cryptocurrency, due to the fact that it has been in existence for such a long period of time without any updates to the system.

Goldberg went on to say that, thanks to the work of the company\'s team of developers, the software had been completely revamped and developed into something incredibly reliable. The new changes will ensure the system\'s popularity and help draw more people in.

As well as new features being added that have helped tackle issues of reliability and speed, the team updated the daemon, set up a new API, upgraded the block downloader, revamped the backend and provided a new API. The team also worked on a number of other smaller developments, such as the inclusion of a Wallet and the enabling of dynamic fees.