Ever since realizing Bitcoin is pseudo-anonymous Ive looked for crypto-currencies that strive for anonymity since this is the true analog to cash.
Darkcoin, Shadow, Monero and many others have all crossed my radar in the past. In fact I'm pretty heavily invested in Shadow (another innovative coin) and have a few Monero. I think any investor would do wisely to hedge their bets.
To ignore Bytecoin is total madness. Their code is truly innovative, has changed crypto for the better, and is being developed rapidly. Cryptonote and bytecoin have changed the landscape of anon coins by offering the most powerful anon crypto to date and we owe them thanks, especially developers who have been inspired by or forked their code.
The cryptonote team and bytecoin team stand in solidarity and I am unswayed by the monero view of the world. I want cutting-edge crypto from the guys who brought us the very first CN currency so Im watching bytecoin. Simple as that.
One does not have to invest in bytecoin to profit from it - just ask monero. Even non-CN coins like Shadow owe much to its innovations.
Whether you believe it's a case of pearls to swine or pearls from swine they are still pearls. I applaud the bytecoin team's innovations and hold some BCN in a show of support for its important achievements past and future.
@child_harold, you can't polish a turd,
CN tech is good,
bytecoin implementation of that tech is a steaming pile of scam riddled crap
monero had a fair launch
You unthinkingly repeat the mantra of the Church of Monero. I fear you may have been brainwashed my child. In the words of the great George Clinton, Free Your Mind...And Your Ass Will Follow
I suggest you re-read my text, assuming you read it in the first place. Whether you are prepared to admit it or not, thanks are owed to the CN and BCN team collectively for innovation and achievement. You dont have to invest in BCN to profit from its innovations, it has already changed crypto-currency forever. And development continues…
Today's release introduces an updated Bytecoin RPC Wallet for e-commerce with a new feature called aggregate multi-addresses. In short, this feature allows services to create a branch of unique addresses to easily differentiate users. This feature is a significant update of the CryptoNote protocol:
- It effectively depreciates payment_id (a formerly indispensable part for any CryptoNote currency)
- It facilitates web wallets operation
- It greatly upgrades Bytecoin integration and deposits by allowing to assign each user with a unique address
- It reduces server resources required for maintaining dozens of users' addresses
- It increases overall privacy of Bytecoin
There is more to 1.0.6 release than just aggregate multi-addresses feature:
- Updated IWallet and IBlockchainExplorer high level APIs
- Traffic between the node and the wallet has been optimized providing faster synchronization
Towards easier integration
Now all you have to do to integrate Bytecoin is:
1. Install Bytecoin RPC Wallet
2. Generate users addresses for each new user (through Bytecoin RPC Wallet API)
3. Process the payments in a matter of seconds
Important note: updating your Bytecoin RPC Wallet service will not disrupt your currently established system. This update is entirely backward compatible with payment_id deposits even though payment_id will be depreciated in further releases.
Update explained
The core idea of aggregate multi-addresses can be described as 'shared half of view key', i.e. common data for all users, namely key 'a'. Keys 'b', surely, are unique for each user, which implies different 'spend keys' and different addresses.
We've explained the adjustments in CryptoNote which made this update available in our blog post on aggregate multi-addresses.
Learn more
News post explaining benefits of the update
Blog post with the detailed explanation on how it works
Bytecoin roadmap (updated)
RPC Wallet API
Should you have any questions, do not hesitate to contact us through https://bytecoin.org/contact/ for faster response.