Author

Topic: [BCN] Bytecoin. Secure, private, untraceable since 2012 - page 322. (Read 1070171 times)

member
Activity: 412
Merit: 10
In a mood to tell my opinion

I think Bytecoin is the tremendous thing to happen to crypto world since litecoin. It's software is on a higher step than other crypto currencies , it's even much more significant than litecoin.

+1

what I like most is that there is no gui miner.
member
Activity: 314
Merit: 10
In a mood to tell my opinion

I think Bytecoin is the tremendous thing to happen to crypto world since litecoin. It's software is on a higher step than other crypto currencies , it's even much more significant than litecoin.
full member
Activity: 224
Merit: 100
BCN price is growing! Looks like the activity is rising  Smiley


lots of active miners recently jumped aboard over at Extreme Pool!

http://bcn.extremepool.org


member
Activity: 314
Merit: 10
BCN price is growing! Looks like the activity is rising  Smiley
full member
Activity: 234
Merit: 100
Questions on how to send receive bytecoin payments.

From the bytecoin webpage it states

"The service generates the 32-byte (256-bit) sequence, transforms it into a string and assigns to this newly arrived user"

How exactly does one do this? Does any value here work, can this value be left out if I am sending money from one wallet controlled by myself to another wallet controlled by myself?

The sample payment command on the bytecoin webpage is

"transfer 0 24MUWTSatNeTx4nGwVwn8tdVDorJD6esSThZa17cVzCL8ZDC7YeZwaxibsyepc6MAK9pKS
g4cHAd1Yd2MFwWTQxcFAkhwkB 100000 852adfb2894f72d204926ced238fbe085885e862c5b394f9102
42f675a859c71"

This example command has no information about a transfer fee. Does the network currently accept transfers without a fee in a reasonable time frame or is there an accepted minimum fee as with bitcoin which should be added into the command somehow?

The wallet adds a fee of 0.01 by default.

In you transfer money there's always fee. So the fee is too little to notice it.
hero member
Activity: 637
Merit: 500
CryptoNight is a new memory-bound algorithm for the proof-of-work pricing function, which is ASIC-resistant. It relies on random access to a slow memory and emphasizes latency dependence. As opposed to scrypt, every new block (64 bytes in length) depends on all the previous blocks. As a result a hypothetical "memory-saver" should increase his calculation speed exponentially.
What does the bolded really mean?
Talks about the scrypt known vulnerability, the time-memory trade off.
legendary
Activity: 2968
Merit: 1198
Questions on how to send receive bytecoin payments.

From the bytecoin webpage it states

"The service generates the 32-byte (256-bit) sequence, transforms it into a string and assigns to this newly arrived user"

How exactly does one do this? Does any value here work, can this value be left out if I am sending money from one wallet controlled by myself to another wallet controlled by myself?

The sample payment command on the bytecoin webpage is

"transfer 0 24MUWTSatNeTx4nGwVwn8tdVDorJD6esSThZa17cVzCL8ZDC7YeZwaxibsyepc6MAK9pKS
g4cHAd1Yd2MFwWTQxcFAkhwkB 100000 852adfb2894f72d204926ced238fbe085885e862c5b394f9102
42f675a859c71"

This example command has no information about a transfer fee. Does the network currently accept transfers without a fee in a reasonable time frame or is there an accepted minimum fee as with bitcoin which should be added into the command somehow?

The wallet adds a fee of 0.01 by default.
legendary
Activity: 1946
Merit: 1055
Questions on how to send receive bytecoin payments.

From the bytecoin webpage it states

"The service generates the 32-byte (256-bit) sequence, transforms it into a string and assigns to this newly arrived user"

How exactly does one do this? Does any value here work, can this value be left out if I am sending money from one wallet controlled by myself to another wallet controlled by myself?

The sample payment command on the bytecoin webpage is

"transfer 0 24MUWTSatNeTx4nGwVwn8tdVDorJD6esSThZa17cVzCL8ZDC7YeZwaxibsyepc6MAK9pKS
g4cHAd1Yd2MFwWTQxcFAkhwkB 100000 852adfb2894f72d204926ced238fbe085885e862c5b394f9102
42f675a859c71"

This example command has no information about a transfer fee. Does the network currently accept transfers without a fee in a reasonable time frame or is there an accepted minimum fee as with bitcoin which should be added into the command somehow?




sr. member
Activity: 406
Merit: 250
CryptoNight is a new memory-bound algorithm for the proof-of-work pricing function, which is ASIC-resistant. It relies on random access to a slow memory and emphasizes latency dependence. As opposed to scrypt, every new block (64 bytes in length) depends on all the previous blocks. As a result a hypothetical "memory-saver" should increase his calculation speed exponentially.
What does the bolded really mean?
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
full member
Activity: 234
Merit: 100
Is there only Poloniex exchange to trade BCN?? it's indeed so slow... Sometimes it doesn't allow me to get to my account  Embarrassed

https://cryptonote.exchange.to/market/bcn/btc

This one is better, IMHO. More info about BCN and even a graphics to see volume via time
full member
Activity: 308
Merit: 100
Is there only Poloniex exchange to trade BCN?? it's indeed so slow... Sometimes it doesn't allow me to get to my account  Embarrassed

https://cryptonote.exchange.to/market/bcn/btc
member
Activity: 170
Merit: 10
Is there only Poloniex exchange to trade BCN?? it's indeed so slow... Sometimes it doesn't allow me to get to my account  Embarrassed
full member
Activity: 139
Merit: 100
 this beast is taking a lot of my ddr when saving blockchain, and im nor from it,,,  

but its a great wallet,,like a slotmaschine only with numbers on screen...

and not very hard to operate,indeed.    complaining are only people who never owned    Commodore 64,,with cassette player Grin

Im running bytecoin on this

joke Cheesy


....,didnt try transaction yet thou

    but its stil TATA of cryptonote

man,you need a good computer,,looks like my 4Gb in laptop is not enough,,,,,,,,can I reduce this bytecoind usage somehow

does bytecoind start to mine when you begin to download blockchain?   it is using cpu thread while downloading blockchain or?

core RPC server started...

 I need more powaaa...4gb not runnig smooth Grin


Is this a joke? or what?

Anyway, does anyone know why Poloniex is so slow??

If you like this coin you will find that you need to read between rows .... check small hint below the picture. :-)
btw my memory usage with bytecoind.exe is 3.380MB now.
member
Activity: 147
Merit: 10
 this beast is taking a lot of my ddr when saving blockchain, and im nor from it,,,  

but its a great wallet,,like a slotmaschine only with numbers on screen...

and not very hard to operate,indeed.    complaining are only people who never owned    Commodore 64,,with cassette player Grin

Im running bytecoin on this

joke Cheesy


....,didnt try transaction yet thou

    but its stil TATA of cryptonote

man,you need a good computer,,looks like my 4Gb in laptop is not enough,,,,,,,,can I reduce this bytecoind usage somehow

does bytecoind start to mine when you begin to download blockchain?   it is using cpu thread while downloading blockchain or?

core RPC server started...

 I need more powaaa...4gb not runnig smooth Grin


Is this a joke? or what?

Anyway, does anyone know why Poloniex is so slow??
member
Activity: 246
Merit: 10
Just head over MRO! It has volume:) Hope you guys have a bit of it at least, just to hedge your position in case the return of the Bytecoin dev doesnt come true.

Oh and btw, nice reddit Strange! It's full of fantastic stories. I had a nice read, thanks!

I wouldn't worry about the Bytecoin developers, they are working on the coin (there are no signs of it stopping) and will release good stuff.

The Monero developers are also adding good stuff too, I expect these two coins to grow together, using parts from each. I personally won't invest in Bytecoin, I've made that point clear many times. However I see no signs of the developers of this coin going away. So stop worrying people!

Remember that the developers of Monero and Bytecoin will release their code when it's ready and will not over promise on features. These both are not pump and dump coins so don't expect to see the developer worship here or crazy features for no reason over than pump, pump, pump.

These both are good solid coins and will do well.

Please remember that the main areas of development rests mainly with the core code first, transaction processing, the blockchain size, etc...

The last thing the CryptoNote coins need is a GUI right now so it "takes off" and then we get hundreds of complaints about problems with the chain and stuff. These cryptonote coins are actually anonymous, in time they will shine. Marketing something that isn't ready for prime time can be problematic.

You r reading my mind. Agree with you these two coins have potential. And I am against any gui miners. That's the least thing I am expecting from devs
sr. member
Activity: 336
Merit: 250
 this beast is taking a lot of my ddr when saving blockchain, and im nor from it,,,  

but its a great wallet,,like a slotmaschine only with numbers on screen...

and not very hard to operate,indeed.    complaining are only people who never owned    Commodore 64,,with cassette player Grin

Im running bytecoin on this

joke Cheesy


....,didnt try transaction yet thou

    but its stil TATA of cryptonote

man,you need a good computer,,looks like my 4Gb in laptop is not enough,,,,,,,,can I reduce this bytecoind usage somehow

does bytecoind start to mine when you begin to download blockchain?   it is using cpu thread while downloading blockchain or?

core RPC server started...

 I need more powaaa...4gb not runnig smooth Grin
sr. member
Activity: 336
Merit: 250
 this beast is taking a lot of my ddr when saving blockchain, and im nor from it,,,  

but its a great wallet,,like a slotmaschine only with numbers on screen...

and not very hard to operate,indeed.    complaining are only people that never owned    Commodore 64,,with cassette player Grin

Im running bytecoin on this

joke Cheesy


....,didnt try transaction yet thou

    but its stil TATA of cryptonote
legendary
Activity: 1176
Merit: 1015
Just head over MRO! It has volume:) Hope you guys have a bit of it at least, just to hedge your position in case the return of the Bytecoin dev doesnt come true.

Oh and btw, nice reddit Strange! It's full of fantastic stories. I had a nice read, thanks!

I wouldn't worry about the Bytecoin developers, they are working on the coin (there are no signs of it stopping) and will release good stuff.

The Monero developers are also adding good stuff too, I expect these two coins to grow together, using parts from each. I personally won't invest in Bytecoin, I've made that point clear many times. However I see no signs of the developers of this coin going away. So stop worrying people!

Remember that the developers of Monero and Bytecoin will release their code when it's ready and will not over promise on features. These both are not pump and dump coins so don't expect to see the developer worship here or crazy features for no reason over than pump, pump, pump.

These both are good solid coins and will do well.

Please remember that the main areas of development rests mainly with the core code first, transaction processing, the blockchain size, etc...

The last thing the CryptoNote coins need is a GUI right now so it "takes off" and then we get hundreds of complaints about problems with the chain and stuff. These cryptonote coins are actually anonymous, in time they will shine. Marketing something that isn't ready for prime time can be problematic.
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