Hello everybody.
I'd like to thank the Bytecoin Team for publishing another article that I wrote by popular demand (thanks for the feedback I got after "The History of Proof Of Work").
The article is called Alternatives for Proof of Work, Part 1: Proof of Stake. I've tried to briefly show how PoS works and highlight some advantages and disadvantages of this algo. Again, this is the first part of the article that discovers alternative algos that underlie cryptocurrencies. I'm currently finishing the second part.
Hope you guys will take a look and tell me what you think about it!
Ray
Topic: [BCN] Bytecoin. Secure, private, untraceable since 2012 - page 177. (Read 1070171 times)
Yes very good update thanks a lot dev.
This fixed my peer problem. Thanks.
Bytecoin Updates to 1.0.7.1, Enhances Network Stability
Today Bytecoin has been updated to v.1.0.7.1. This release is mainly devoted to enhanced network stability and simplewallet improvements.
There have been several reports on Bytecoin Wallet not being able to sync after the latest release. Today's update resolves any issue that could arise. We urge you to update your daemons and Wallets to the most recent version.
Apart from the mentioned improvements, today's release also defines the internal Fusion Manager interface which will be responsible for fusion transactions. The latter is the special type of zero fee transactions designed for optimizing users wallets. In layman terms, the process will be similar to changing a number of coins into a smaller number of larger banknotes. It will decrease the size of the ordinary transactions, allowing greater flexibility and higher anonymity level.
Fusion transactions are scheduled for release v.1.0.8, which is coming out next week.
Today Bytecoin has been updated to v.1.0.7.1. This release is mainly devoted to enhanced network stability and simplewallet improvements.
There have been several reports on Bytecoin Wallet not being able to sync after the latest release. Today's update resolves any issue that could arise. We urge you to update your daemons and Wallets to the most recent version.
Apart from the mentioned improvements, today's release also defines the internal Fusion Manager interface which will be responsible for fusion transactions. The latter is the special type of zero fee transactions designed for optimizing users wallets. In layman terms, the process will be similar to changing a number of coins into a smaller number of larger banknotes. It will decrease the size of the ordinary transactions, allowing greater flexibility and higher anonymity level.
Fusion transactions are scheduled for release v.1.0.8, which is coming out next week.
Beside everything i still mine this coin 
love it 
since no one else posted it in here so far. article covers the bytecoin/cointelgraph connection in a couple of paragraphs.
have fun reading
https://medium.com/@iandemartino/more-on-cointelegraph-by-a-former-writer-b4e1058b37ca
That's one hell of an article.. Could anyone do a TL;DR?have fun reading
https://medium.com/@iandemartino/more-on-cointelegraph-by-a-former-writer-b4e1058b37ca
shortest tl;dr: bytecoin and cointelegraph are conspiring on various levels, are shady as fuck and can't be trusted.
since no one else posted it in here so far. article covers the bytecoin/cointelgraph connection in a couple of paragraphs.
have fun reading
https://medium.com/@iandemartino/more-on-cointelegraph-by-a-former-writer-b4e1058b37ca
That's one hell of an article.. Could anyone do a TL;DR? have fun reading
https://medium.com/@iandemartino/more-on-cointelegraph-by-a-former-writer-b4e1058b37ca
Interesting article about bcn..
since no one else posted it in here so far. article covers the bytecoin/cointelgraph connection in a couple of paragraphs.
have fun reading
https://medium.com/@iandemartino/more-on-cointelegraph-by-a-former-writer-b4e1058b37ca
have fun reading
https://medium.com/@iandemartino/more-on-cointelegraph-by-a-former-writer-b4e1058b37ca
Anyone else having problem syncing since last release? I get 0 peers.
Same problem! Win7 x64Still 0 peers problem. Ran out of options and ideas to fix this, specially considering this is the only coin I am facing such issue.
The devs are currently working on the sync issue. Please, stay assured they do everything possible.
Still 0 peers problem. Ran out of options and ideas to fix this, specially considering this is the only coin I am facing such issue.
Anyone else having problem syncing since last release? I get 0 peers.
Same problem! Win7 x64
Is this Bytecoin? http://www.coindesk.com/interpol-held-a-dark-market-war-game-using-its-own-cryptocurrency/
Note, that they have also chosen not to answer this:
Note, that they have also chosen not to answer this:
Or, it is a honey pot.
Ullo, are you or have you been - or anyone else in BCN or CN teams to the best of your knowledge - working with or in co-operation with any law enforcement agencies or national security authorities on the subject of crypto currencies? If the answer is yes, but you are not allowed to answer, then don't, and we will know the answer and you haven't broken your gag order nor lied to us (sting operation / entrapment could get the case dismissed in some jurisdictions so it's in your best interest to not answer if you have to lie).
Ullo, are you or have you been - or anyone else in BCN or CN teams to the best of your knowledge - working with or in co-operation with any law enforcement agencies or national security authorities on the subject of crypto currencies? If the answer is yes, but you are not allowed to answer, then don't, and we will know the answer and you haven't broken your gag order nor lied to us (sting operation / entrapment could get the case dismissed in some jurisdictions so it's in your best interest to not answer if you have to lie).
Anyone else having problem syncing since last release? I get 0 peers.
What is your OS? Do you use GUI or reference client? Please, give me more details of the problem.
GUI
I already tried deleting the whole bytecoin folder in %appdata% but 0 peers still and I cannot download any block. This didn't happen before. I can download blocks fine on bitcoin and any other coin.
I already deleted %appdata%/bytecoin and went back to 1.0.5 but still the same problem occur. It is allowed on windows firewall.
I tried bytecoind and same thing happens.
2015-Aug-13 09:31:42.709836 INFO [daemon] bytecoin v1.0.7.564()
2015-Aug-13 09:31:42.709836 INFO [daemon] Module folder: C:\Users\x\Downloads\bytecoin-windows\bytecoin-windows\bytecoind.exe
2015-Aug-13 09:31:42.725449 INFO [daemon] Initializing p2p server...
2015-Aug-13 09:31:42.756716 INFO [node_server] Binding on 0.0.0.0:8080
2015-Aug-13 09:31:42.772330 INFO [node_server] Net service binded on 0.0.0.0:8080
2015-Aug-13 09:31:42.772330 INFO [node_server] Attempting to add IGD port mapping.
2015-Aug-13 09:31:43.999198 INFO [node_server] Added IGD port mapping.
2015-Aug-13 09:31:43.999198 INFO [daemon] P2p server initialized OK
2015-Aug-13 09:31:44.014787 INFO [daemon] Initializing core...
2015-Aug-13 09:31:44.014787 INFO [Blockchain] Blockchain not loaded, generating genesis block.
2015-Aug-13 09:31:44.030411 INFO [Blockchain] Blockchain initialized. last block: 0, d1135.h7.m31.s44 time ago, current difficulty: 1
2015-Aug-13 09:31:44.046037 INFO [daemon] Core initialized OK
2015-Aug-13 09:31:44.046037 INFO [daemon] Starting core rpc server on address 127.0.0.1:8081
2015-Aug-13 09:31:44.060208 INFO [daemon] Core rpc server started ok
2015-Aug-13 09:31:44.061194 INFO [daemon] Starting p2p net loop...
2015-Aug-13 09:31:44.061194 INFO [node_server] Starting node_server
2015-Aug-13 09:32:41.736838 ERROR [node_server] Failed to connect to any of seed peers, continuing without seeds
2015-Aug-13 09:32:41.752409 INFO [core]
2015-Aug-13 09:32:41.752409 INFO [core] **********************************************************************
2015-Aug-13 09:32:41.752409 INFO [core] The daemon will start synchronizing with the network. It may take up to several hours.
2015-Aug-13 09:32:41.752409 INFO [core]
2015-Aug-13 09:32:41.752409 INFO [core] You can set the level of process detailization* through "set_log
2015-Aug-13 09:32:41.752409 INFO [core]
2015-Aug-13 09:32:41.752409 INFO [core] Use "help" command to see the list of available commands.
2015-Aug-13 09:32:41.752409 INFO [core]
2015-Aug-13 09:32:41.752409 INFO [core] Note: in case you need to interrupt the process, use "exit" command. Otherwise, the current progress won't be saved.
2015-Aug-13 09:32:41.752409 INFO [core] **********************************************************************
2015-Aug-13 09:33:23.251392 ERROR [node_server] [85.25.194.245:8080 OUT] COMMAND_HANDSHAKE Failed, wrong network! (00000000-0000-0000-0000-000000000000), closing connection.
2015-Aug-13 09:33:23.313846 WARNING [node_server] Failed to HANDSHAKE with peer 85.25.194.245:8080
2015-Aug-13 09:33:39.067709 ERROR [node_server] Failed to connect to any of seed peers, continuing without seeds
2015-Aug-13 09:34:02.732990 ERROR [node_server] [85.25.196.146:8080 OUT] COMMAND_HANDSHAKE Failed, wrong network! (00000000-0000-0000-0000-000000000000), closing connection.
2015-Aug-13 09:34:02.815552 WARNING [node_server] Failed to HANDSHAKE with peer 85.25.196.146:8080
2015-Aug-13 09:34:34.510578 ERROR [node_server] Failed to connect to any of seed peers, continuing without seeds
2015-Aug-13 09:35:34.140857 ERROR [node_server] Failed to connect to any of seed peers, continuing without seeds
2015-Aug-13 09:35:47.792689 ERROR [node_server] [62.75.236.152:8080 OUT] COMMAND_HANDSHAKE Failed, wrong network! (00000000-0000-0000-0000-000000000000), closing connection.
2015-Aug-13 09:35:47.870757 WARNING [node_server] Failed to HANDSHAKE with peer 62.75.236.152:8080
2015-Aug-13 09:35:52.445501 ERROR [node_server] [85.25.194.245:8080 OUT] COMMAND_HANDSHAKE Failed, wrong network! (00000000-0000-0000-0000-000000000000), closing connection.
2015-Aug-13 09:35:52.472084 WARNING [node_server] Failed to HANDSHAKE with peer 85.25.194.245:8080
2015-Aug-13 09:36:29.158836 ERROR [node_server] Failed to connect to any of seed peers, continuing without seeds
2015-Aug-13 09:37:20.224351 ERROR [node_server] [85.25.194.245:8080 OUT] COMMAND_HANDSHAKE Failed, wrong network! (00000000-0000-0000-0000-000000000000), closing connection.
2015-Aug-13 09:37:20.289053 WARNING [node_server] Failed to HANDSHAKE with peer 85.25.194.245:8080
2015-Aug-13 09:37:25.513880 ERROR [node_server] Failed to connect to any of seed peers, continuing without seeds
2015-Aug-13 09:37:40.392118 ERROR [node_server] [85.25.196.145:8080 OUT] COMMAND_HANDSHAKE Failed, wrong network! (00000000-0000-0000-0000-000000000000), closing connection.
2015-Aug-13 09:37:40.436229 WARNING [node_server] Failed to HANDSHAKE with peer 85.25.196.145:8080
2015-Aug-13 09:37:54.521831 ERROR [node_server] [85.25.196.146:8080 OUT] COMMAND_HANDSHAKE Failed, wrong network! (00000000-0000-0000-0000-000000000000), closing connection.
2015-Aug-13 09:37:54.582636 WARNING [node_server] Failed to HANDSHAKE with peer 85.25.196.146:8080
2015-Aug-13 09:38:02.539148 ERROR [node_server] [5.199.168.138:8080 OUT] COMMAND_HANDSHAKE Failed, wrong network! (00000000-0000-0000-0000-000000000000), closing connection.
2015-Aug-13 09:38:02.570354 WARNING [node_server] Failed to HANDSHAKE with peer 5.199.168.138:8080
2015-Aug-13 09:38:18.270166 ERROR [node_server] Failed to connect to any of seed peers, continuing without seeds
2015-Aug-13 09:39:09.431693 ERROR [node_server] [5.199.168.138:8080 OUT] COMMAND_HANDSHAKE Failed, wrong network! (00000000-0000-0000-0000-000000000000), closing connection.
2015-Aug-13 09:39:09.494191 WARNING [node_server] Failed to HANDSHAKE with peer 5.199.168.138:8080
2015-Aug-13 09:39:14.749793 ERROR [node_server] Failed to connect to any of seed peers, continuing without seeds
2015-Aug-13 09:40:00.108031 ERROR [node_server] [85.25.194.245:8080 OUT] COMMAND_HANDSHAKE Failed, wrong network! (00000000-0000-0000-0000-000000000000), closing connection.
2015-Aug-13 09:40:00.178598 WARNING [node_server] Failed to HANDSHAKE with peer 85.25.194.245:8080
2015-Aug-13 09:40:10.653014 ERROR [node_server] Failed to connect to any of seed peers, continuing without seeds
2015-Aug-13 09:41:03.745681 ERROR [node_server] [85.25.196.144:8080 OUT] COMMAND_HANDSHAKE Failed, wrong network! (00000000-0000-0000-0000-000000000000), closing connection.
2015-Aug-13 09:41:03.808194 WARNING [node_server] Failed to HANDSHAKE with peer 85.25.196.144:8080
2015-Aug-13 09:41:06.126988 ERROR [node_server] [5.199.168.138:8080 OUT] COMMAND_HANDSHAKE Failed, wrong network! (00000000-0000-0000-0000-000000000000), closing connection.
2015-Aug-13 09:41:06.205102 WARNING [node_server] Failed to HANDSHAKE with peer 5.199.168.138:8080
2015-Aug-13 09:41:06.220728 ERROR [node_server] Failed to connect to any of seed peers, continuing without seeds
2015-Aug-13 09:41:50.867623 ERROR [node_server] [85.25.196.144:8080 OUT] COMMAND_HANDSHAKE Failed, wrong network! (00000000-0000-0000-0000-000000000000), closing connection.
2015-Aug-13 09:41:50.930072 WARNING [node_server] Failed to HANDSHAKE with peer 85.25.196.144:8080
2015-Aug-13 09:41:54.181145 ERROR [node_server] [5.199.168.138:8080 OUT] COMMAND_HANDSHAKE Failed, wrong network! (00000000-0000-0000-0000-000000000000), closing connection.
2015-Aug-13 09:41:54.263193 WARNING [node_server] Failed to HANDSHAKE with peer 5.199.168.138:8080
2015-Aug-13 09:41:59.505807 ERROR [node_server] Failed to connect to any of seed peers, continuing without seeds
Information about the supposed premine would be interesting, too
Monero is working fine.
Even the built-in miner works, but I still can't get peers.
Anyone else having problem syncing since last release? I get 0 peers.
What is your OS? Do you use GUI or reference client? Please, give me more details of the problem.
EDIT: It seems the closed source thing is a lie. https://github.com/amjuarez/bytecoin
Forking could be an option.
Forking could be an option.
The GUI wallet is closed source.
The coin (without GUI wallet) has been forked like 30 times already, starting back in April last year when the community started to figure out what a joke this launch was.
Hi BCN community,
I am investigating Smooth as a developer who spends his entire day attacking his competitors, with 50 posts attacking 3 competitors today. I am not here to assess the validity of any particular coin and I have never invested in BCN or know much about it apart from it was the original Cryptonote coin.
Feel free to vote or provide any info on Smooth that might be relevant.
https://bitcointalksearch.org/topic/xmraeon-developer-smooth-investigation-1151565
Anyone else having problem syncing since last release? I get 0 peers.
EDIT: It seems the closed source thing is a lie. https://github.com/amjuarez/bytecoin
Forking could be an option.
Forking could be an option.
The GUI wallet is closed source.
The coin (without GUI wallet) has been forked like 30 times already, starting back in April last year when the community started to figure out what a joke this launch was.
This "they had to premine over 80% of the coins in order to """"prevent"""" malicious entities, and lie about it multiple times" comment is so absurd I am not even going to reply it. If you want people to take you seriously I suggest you to think before typing such comments, or else people will believe you are a shill or something because that's so absurd.
As for the updates, yes I do believe they are developing well. They seem to be miles ahead of any other CN coin, including monero.
I thought this would obviously be open source, like all other coins are and are supposed to be. Yet another bad surprise to hear this is closed source.
I hope everything pans out well with this coin.
EDIT: It seems the closed source thing is a lie. https://github.com/amjuarez/bytecoin
Forking could be an option.
As for the updates, yes I do believe they are developing well. They seem to be miles ahead of any other CN coin, including monero.
I thought this would obviously be open source, like all other coins are and are supposed to be. Yet another bad surprise to hear this is closed source.
I hope everything pans out well with this coin.
EDIT: It seems the closed source thing is a lie. https://github.com/amjuarez/bytecoin
Forking could be an option.
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