Bitcoin Garden Guide: What is Bytecoin? https://bitcoingarden.org/bitcoin-garden-guide-what-is-bytecoin/
Bytecoin was created back in 2012, during the first wave of crypto development, when the blockchain was well outside of mainstream consciousness. In the early days of crypto, buoyed by the possibilities they saw with the emergence of Bitcoin and blockchain technology, and wanting to further the progress of this technology, a team of developers identified some drawbacks inherent with Bitcoin, in particular those concerning anonymity and traceability, and devised a means of ameliorating them. The problem with Bitcoin, from their vantage point, was that, though hailed as a revolutionary means of payment that was decentralized and which protected the identity of its users, the currency was actually traceable and not as secure as it was esteemed to be. These developers wanted to establish a method of payment akin to Bitcoin, with all the doors that it had opened, but also improved, with a further opening of doors thought shut, a method that pronounced more clearly the ideas that comprised the philosophy of the decentralization movement. Out of this attempt to improve upon the preexisting, CryptoNote Technology was born.
Bytecoin built upon what CryptoNote established in those early days, refining itself with the help of a generous and active community, and rising to meet the successive challenges that have faced the cryptocurrency community as it weaves itself into the financial fabric of the modern world....
Topic: [BCN] Bytecoin. Secure, private, untraceable since 2012 - page 12. (Read 1070318 times)
Thanks for releases of Bytecoin Amethyst v3.4.3, v3.4.4 and v3.4.5., but I would like to know about the relationship between Bytecoin and BCNex. Are there relationship and coorporation between Bytecoin and BCNex - that built on Bytecoin platform? Based on what I read, I have not found such relationship / coorporation, but it is better if the Bytecoin team can officially confirm about this to avoid miscommunication, and missunderstanding about Bytecoin and BCNex. Bytecoin stays above 10 satoshis, and have very strong supports (buy walls) from 10 satoshis to 11 satoshis, currently. However, if such buy walls broken, Bytecoin might fastly dive to around 5 satoshis.
Bytecoin Amethyst v3.4.3, v3.4.4 & v3.4.5 Extended Release Notes
The Bytecoin Team has published an article with the extended release notes for Bytecoin Amethyst v3.4.3, v3.4.4 and v3.4.5.
Find more info in the blog
. The Bytecoin Tech Rundown (new post format)
Dear Bytecoin users,
We always want to keep our community informed and updated. That's why we've decided to start making short reports on the technical side of our work to shed light on our current work and plans. This will help you observe our working process.
We always want to keep our community informed and updated. That's why we've decided to start making short reports on the technical side of our work to shed light on our current work and plans. This will help you observe our working process.
You can find a sneak peek at our recent progress here
. Max’s Corner: How the Crypto West Is Being Won
This edition of Max’s Corner takes a look at the evolving regulatory parameters of the cryptocurrency industry.
Read more here
Bitcoin Garden: Bytecoin Follows Up Hard Fork with Early Hardware Wallet Support
https://bitcoingarden.org/bytecoin-follows-up-hard-fork-with-early-hardware-wallet-support/
Fresh off the heels of their recent hardfork, the Bytecoin Team has published a protocol which its users can follow to manually make hardware wallet support available to them. The protocol was written specifically for the Ledger Nano S and works off of the Bytecoin Desktop app.
The Bytecoin Team has been working on making hardware wallets a storage option for its community for some time now. Earlier this year the team announced that Bytecoin had rolled out early hardware support, which would take effect after the hardfork. The project was important for Bytecoin developers because its implementation was seen as an additional usability and security enhancement.
In order to make this happen, the wallet structure for the Bytecoin platform was modified to align with the BIP-32 standard, the model used for hierarchical deterministic wallets. With HD wallets Bytecoin users will be able to use one piece of cryptographic data to create corresponding keys for multiple cryptocurrencies and restore access to all their funds....
https://bitcoingarden.org/bytecoin-follows-up-hard-fork-with-early-hardware-wallet-support/
Fresh off the heels of their recent hardfork, the Bytecoin Team has published a protocol which its users can follow to manually make hardware wallet support available to them. The protocol was written specifically for the Ledger Nano S and works off of the Bytecoin Desktop app.
The Bytecoin Team has been working on making hardware wallets a storage option for its community for some time now. Earlier this year the team announced that Bytecoin had rolled out early hardware support, which would take effect after the hardfork. The project was important for Bytecoin developers because its implementation was seen as an additional usability and security enhancement.
In order to make this happen, the wallet structure for the Bytecoin platform was modified to align with the BIP-32 standard, the model used for hierarchical deterministic wallets. With HD wallets Bytecoin users will be able to use one piece of cryptographic data to create corresponding keys for multiple cryptocurrencies and restore access to all their funds....
BCN Crossing 11 12 Satoshi. getting some fluctuation on its price ...
is it BTC is Down or BCN is Up ?
is it BTC is Down or BCN is Up ?
Bytecoin software v3.4.4 has been released, adding hardware wallet creation functionality to the Bytecoin Desktop. You can download it here:
https://bytecoin.org/downloads
https://bytecoin.org/downloads
Nearly exactly two years ago, during the period from May to June of 2017, Bytecoin was traded from 1 satoshi to 2 satoshis. Then, due to unknown reasonable things, Bytecoin rocketed to above 270 satoshis, then it bumped and dumped several significant rounds. Now, Bytecoin has nearly fallen back to where it went up, 10 satoshis is a cheap price, but I even expect that Bytecoin might decrease more deeply to the range from 2 satoshis to 4 satoshis, at which I might start to think of reinvest in Bytecoin. One of the most important thing to attract investors is how the Bytecoin team can avoid network issues as well as issues with exchanges. In history of Bytecoin, there were some period in which exchanges disabled withdrawals and deposits of Bytecoin.
User friendly? Jezus Christ can't you do anything right?
Nobody goes through this hassle.
Nobody goes through this hassle.
Early Access Guide to Using Bytecoin with Ledger Nano S
The Bytecoin Team has been working on making hardware wallets a storage option for the Bytecoin community for quite some time. We admire the technology and would like to use this space to provide a preview of how Bytecoin can work with one of the most prevalent hardware wallets in the industry, the Ledger Nano S. First we will describe how Ledger devices manage keys, then how to install the Bytecoin app on a Ledger Nano S, and finally show how to use the device to send BCN.
Find more info in the blog
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Its tradding 10 Satoshi right now . its going down every week .
so is it right to buy this or to hold more time untill next pump..
so is it right to buy this or to hold more time untill next pump..
If you believe than it is good opportunity for you to accumulate on such a low price but for big pump you have to keep hodl for long time nobody knows when it will happen. It is good advice invest those which you can afford to hold.
Its tradding 10 Satoshi right now . its going down every week .
so is it right to buy this or to hold more time untill next pump..
so is it right to buy this or to hold more time untill next pump..
When the market seems to improve, invest in cheap coins is the right solution to get big profits, I'm sure BCN is a good and promising project so we deserve to be a long-term investment.
Yes, you have made a good decision. This thinking is far more advanced than just thinking about prices will fall further and not improve. Bringing coins into the long term will make your life easier.
When the market seems to improve, invest in cheap coins is the right solution to get big profits, I'm sure BCN is a good and promising project so we deserve to be a long-term investment.
Bitcoin Garden: Bytecoin Undergoes Long Awaited Hardfork
https://bitcoingarden.org/bytecoin-undergoes-long-awaited-hardfork/
On Friday May 17, Bytecoin, one of the longest standing privacy coins in the crypto space, successfully underwent a scheduled hardfork.
This was a non-contentious hardfork, meaning that it was pre-planned and intended as a means of refining the Bytecoin platform rather than dividing it. Once 90 percent of the blocks in a 720-block frame were submitted via the new version of Amethyst software it triggered the switch height of the blockchain, which in turn initiated the hardfork.
Though long planned, the fork was nonetheless momentous as it has formally ushered in changes to the platform pre-packaged in the Amethyst 3.4.2 software update. While Bytecoin’s maximum coin supply has not been altered in any way by the hardfork, now both new and old Bytecoin addresses work properly and can be transferred amongst each other....
https://bitcoingarden.org/bytecoin-undergoes-long-awaited-hardfork/
On Friday May 17, Bytecoin, one of the longest standing privacy coins in the crypto space, successfully underwent a scheduled hardfork.
This was a non-contentious hardfork, meaning that it was pre-planned and intended as a means of refining the Bytecoin platform rather than dividing it. Once 90 percent of the blocks in a 720-block frame were submitted via the new version of Amethyst software it triggered the switch height of the blockchain, which in turn initiated the hardfork.
Though long planned, the fork was nonetheless momentous as it has formally ushered in changes to the platform pre-packaged in the Amethyst 3.4.2 software update. While Bytecoin’s maximum coin supply has not been altered in any way by the hardfork, now both new and old Bytecoin addresses work properly and can be transferred amongst each other....
Hardfork Announcement: Blockchain Upgrade Completed
The Bytecoin Team is proud to announce that the blockchain has hit block 1792117, and the hardfork process has been successfully completed. From this point on, the blockchain will be accepting version 4 blocks, bringing the long-anticipated technical additions to life. https://bytecoin.org/blog/hardfork-announcement-blockchain-upgrade-completed
The Bytecoin Team is proud to announce that the blockchain has hit block 1792117, and the hardfork process has been successfully completed. From this point on, the blockchain will be accepting version 4 blocks, bringing the long-anticipated technical additions to life. https://bytecoin.org/blog/hardfork-announcement-blockchain-upgrade-completed
I have unloaded my positions in Bytecoin the past few days. Dev's are making mistake after mistake. After the Poloniex delisting other exchanges wil follow making this coin useless.
From the BCN_official reddit account, the developers’ post says:
Dear community, We'd like to clarify the situation with Binance. We are in the process of active communication with the Binance representatives about the delisting situation. Bytecoin should proceed its trading on Binance without any issues, and we are trying to come to an agreement as soon as possible. For now any detailed communication with the Binance can't be disclosed for privacy reasons.We will keep you updated during the day. Thank you for your patience.
This situation shows how exchange listings are a complicated process. Although there’s no confirmation as to why BCN was delisted, Binance does provide certain requirements for staying on their exchange:
“For public transparency, we would like to disclose some factors that inform our decision to delist digital assets:
Commitment of team to project
Quality and level of development activity
Network / smart contract stability
Level of public communication and activity
Responsiveness to our periodic due diligence
Evidence of unethical / fraudulent conduct
Contribution to a healthy and sustainable crypto ecosystem"
Im still waiting for the statement. You'd definitely have supporters in your project if you just disclosed any discrepancies
Dear community, We'd like to clarify the situation with Binance. We are in the process of active communication with the Binance representatives about the delisting situation. Bytecoin should proceed its trading on Binance without any issues, and we are trying to come to an agreement as soon as possible. For now any detailed communication with the Binance can't be disclosed for privacy reasons.We will keep you updated during the day. Thank you for your patience.
This situation shows how exchange listings are a complicated process. Although there’s no confirmation as to why BCN was delisted, Binance does provide certain requirements for staying on their exchange:
“For public transparency, we would like to disclose some factors that inform our decision to delist digital assets:
Commitment of team to project
Quality and level of development activity
Network / smart contract stability
Level of public communication and activity
Responsiveness to our periodic due diligence
Evidence of unethical / fraudulent conduct
Contribution to a healthy and sustainable crypto ecosystem"
Im still waiting for the statement. You'd definitely have supporters in your project if you just disclosed any discrepancies
Poloniex are afraid about legal status of this coin in the USA, trade stopped for US citizens at May 29.
Quote
Geofencing assets for US customers
On Wednesday, May 29th, at 16:00 UTC, the markets for ARDR, BCN, DCR, GAME, GAS, LSK, NXT, OMNI, and REP will be disabled for Poloniex customers in the US. All assets remain available for trading to customers outside the US. Once geofenced, you will be able to withdraw these assets from your wallet for as long as we support the asset globally. You will not, however, be able to see your deposit address or generate a new deposit address.
We are committed to complying with regulatory requirements in every jurisdiction. Today’s action is a result of regulatory uncertainty in the US market. Specifically, it is not possible to be certain whether US regulators will consider these assets to be securities. We understand how frustrating this choice is, and will continue to focus time and energy on supporting positive policy and regulatory developments for crypto assets in the US and around the world.Posted by The Poloniex Team at 2019-05-16 21:20:46
On Wednesday, May 29th, at 16:00 UTC, the markets for ARDR, BCN, DCR, GAME, GAS, LSK, NXT, OMNI, and REP will be disabled for Poloniex customers in the US. All assets remain available for trading to customers outside the US. Once geofenced, you will be able to withdraw these assets from your wallet for as long as we support the asset globally. You will not, however, be able to see your deposit address or generate a new deposit address.
We are committed to complying with regulatory requirements in every jurisdiction. Today’s action is a result of regulatory uncertainty in the US market. Specifically, it is not possible to be certain whether US regulators will consider these assets to be securities. We understand how frustrating this choice is, and will continue to focus time and energy on supporting positive policy and regulatory developments for crypto assets in the US and around the world.Posted by The Poloniex Team at 2019-05-16 21:20:46
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