Here is a sneak peek of Bytecent 1.4! As you can see, we have redesigned the entire GUI. However, what makes Bytecent 1.4 innovative is not just the GUI but also our new network sponsorship program! Now anyone that is helping to secure the network will have a secondary chance to earn BYC! The top 30 people each week, who have been processing blocks the longest, will each earn extra BYC that will be sent to their BYC address. As our sponsorship program grows, we will increase the amount from 30 to 60 people...etc..etc. After we have tweaked the program, we will reduce the payout time from weekly to daily.
The wallet will be ready in a few weeks, I can't give an exact date yet. As you can see there are a lot of new features just for mining alone, and with new features there are potential new bugs. In addition, I have been working on implementing the captcha in the block chain. It works, but I need to make sure it will not break somewhere down the line. So lots of testing is involved. Placing the captcha in the block chain will make it virtually impossible to game the system.
In addition to the above, I am also working on "BYC Magnet Links". Just like Torrent magnet links, a user will just need to click the magnet link, and the BYC address will automatically be added to "Pay To" wallet field. It will make it more convenient for users to send payments to online shops without the hassle of copying and pasting the BYC address in their wallet.
I am also working on BYC short codes. Unfortunately, digital currency addresses are way too long. Imagine you are on the phone with a friend or family members, and you ask them to send you some BYC. You will have to text or email them the very long BYC address. It would be much simpler to tell them to send the BYC to: B0537128940 compared to BTaL7TwVNPcUH4cthcjVADEFP7Kfy331Y8. Furthermore, it will be much easier for users to remember their own BYC short codes, than remember their standard BYC addresses.