Topic: [BCN] Bytecoin. Secure, private, untraceable since 2012 - page 19. (Read 1070318 times)

whats happening BCN  , It is now 18 Satoshi .  Its going down from last 6 months. after big 190 satoshi mark.
I had  few when it was 45 , then delisted from Binance and reached 20 .
But 800 BTC wall on HitBtc saved it , I don't know that wall is there or not..
Now its forcing to think about its selling or Holding


I know dev team is working hard but somewhere something we missing ...

It's not good idea to store your holdings on exchanges unless you are trading actively. Unfortunately, the deadline for withdrawal is over and the coin has been delisted already. I'm not sure that this could be resolved. You may seek advice from Binance's  support representatives.

Is there any chance to see this back on Binance again because my coins are still sitting there and I don't want to download this wallet and let it sync from the beginning of the blockchain?

Oh!.
Devraj2000 is tele id

name tirthraj

Please check the latest Chrome updates or contact their support service, maybe it will be helpful. In the meantime, I have checked your link and it works, so perhaps the problem is in the browser.

I like the posted road map.... all the power to you to achieve what has been announced....

Making an anonymous and untraceable cryptocurrency is, by no means, an easy task; blockchain is by default a public system. This is why Bytecoin developers were prompted to use unconventional methods to achieve anonymity: ring signatures to facilitate that anonymity and untraceable addresses to facilitate unlinkability. In this article, we want to examine these systems and describe what the upcoming changes to consensus regarding anonymity are all about.

Ring signatures are an elegant solution to a complex problem: how to make blockchain verifiable, but at the same time preserve the anonymity of senders. They solve it by allowing senders to mix other coins into the transaction to obscure the true origin of value in it. This system offered seven degrees of anonymity to the users: from 0 to 6. This number corresponds to the number of outputs (sometimes called coins) that are mixed in with the senders output in the transaction.

Bytecoin developers were surprised to see increased interest towards 0 anonymity. Turns out, users loved Bytecoin not only for its privacy and security, but also for its speed, reliability, and ease of use. It is important to say now, that by selecting 0 anonymity, the user still does not reveal their address (they are never revealed in Bytecoin). But what he does allow is anyone to track the movement of value between this user’s transactions within the blockchain by connecting coins created in one transaction to their spendings in other (this is called linkability).

In order to prevent this, Bytecoin developers have decided to configure the daemon in the new release to send transactions with minimum anonymity being greater than 3. In addition, the mix-ins are now carefully selected only from those coins retaining their obfuscating value. This small adjustment makes all value movements obscure and makes all spendings more secure.

While this configuration may generally require a little more economic effort (although 0 fee is still allowed), it brings a lot of value to the technology. Bytecoin has always been about security and privacy, and it is better to keep it true to its roots.

You can test out the new features soon in the Amethyst Beta release on the 12th of December, 2018. Stay tuned!


Best regards,

The Bytecoin Team

I was doing gambling with BCN that day and I lost most amount,  so I  left BCN telegram even . Is it happening because of that ?

https://telegram.me/bytecoinchat

Chrome Browser...

Hello! Could you please tell me the name of the Telegram chat and which browser you use?

When i am joining Telegram of BCN I  m getting issue.

Method: account.getNotifySettings
Result: {"_":"rpc_error","error_code":400,"error_message":"CHANNEL_PRIVATE"}

What i supposed to do..

Hello! You are right, we don't have Discord channel. This channel belongs to the bytecoin.hairflash.org maining pool so there is nothing strange here.   

Thank you very much for the heads up. Looking forward to the the new goals and objectives.

the things i remember  ByteCoin  dont have any discord channel  so is this your's or its BCN..

Thank you for new roadmap, I am very happy to see it 

Hi, tirthraj!

We cannot give any price predictions, but we are optimistic about it. We cannot directly influence the price - it follows the laws of supply and demand. If more people would like to buy Bytecoin, then its price will rise to meet the demand.

And how does this roadmap compare to Monero and whats already available.

New roadmap is looking very attractive this could help this coin to bounce back and we will see this again moving with great support. This coin still have very big community I think good time to buy at cheap price before this rally will get started.

Then build it, we as individuals need to take responsibility. Having it working you will be able to build it better over time

Also though, a decentralized exchange has the benefit of not having to pay for hosting/platform costs and only development costs, and doesnt have to follow legislative requirements in theory.

If the BCNex team is serious and isn't a Bytecoin foundation 3.0 then I feel a decentralized exchange would be the best way to go, gives a lot more freedom exchange wise and money doesn't have to be continually spent on hosting and such.