[BCN] Bytecoin. Secure, private, untraceable since 2012 - page 395.

David Latapie

hero member

Activity: 658

Merit: 503

Monero Core Team

Quote from: thankful_for_today on April 18, 2014, 08:19:16 AM

Hi!

By the way, Bitmonero (second CryptoNote-based coin) has started today.Details are here: https://bitcointalksearch.org/topic/annbmr-bitmonero-a-new-coin-based-on-cryptonote-technology-launched-563821

The only thing that bothers me with cryptonote is that it is still a PoW coin, thus an energy-hungry coin. Although, pure PoS like NXT, MINT, BC... but also FAC (100% premine although it is not PoS) seem to allow faster transactions - at least this is the case for the first three.

sgk

legendary

Activity: 1470

Merit: 1002

!! HODL !!

A few days back someone mentioned ByteCoin on the forum and I started looking up. Unfortunately I fell for the other ByteCoin (BTE) and almost placed a buy order on Cryptsy. Luckily I found this thread yesterday and realized there are more than one ByteCoin, so I quickly cancelled my order which saved me my BTC.

thankful_for_today

full member

Activity: 126

Merit: 101

Hi!

By the way, Bitmonero (second CryptoNote-based coin) has started today.
Details are here: https://bitcointalksearch.org/topic/annbmr-bitmonero-a-new-coin-based-on-cryptonote-technology-launched-563821

x0rcist

full member

Activity: 238

Merit: 100

abit2slo

member

Activity: 80

Merit: 10

Quote from: Djinou94 on April 18, 2014, 05:58:27 AM

Quote from: DStrange on April 18, 2014, 04:23:05 AM

Quote from: Djinou94 on April 17, 2014, 09:07:30 PM

Quote from: David Latapie on April 17, 2014, 07:41:20 PM

Quote from: DStrange on March 18, 2014, 10:52:31 AM

Giveaway still goes on! I have free coins for you! Just fill the form

Done

I am excited by this coin. ASIC-hostile, GPU-hostile, Pool-hostile. Meant for fair distribution from the start. Fairness of distribution is so important. I'd like to know how it would compare to NXT feature-wise.

Done too
But how can u send me coins mr Satoshi? Is it magic?

I'm sorry to ruin your dreams, but... that's not Satoshi. That's me, who sends free coins for giveaway.

Come onn man you can tell me you are Nick Szabo Cool

Oh i know why because in the question How much is three plus seven? * I answered don't know
Now it's ok

he's not Nick Szabo, 'cause i am

Djinou94

legendary

Activity: 1036

Merit: 1000

Quote from: DStrange on April 18, 2014, 04:23:05 AM

Quote from: Djinou94 on April 17, 2014, 09:07:30 PM

Quote from: David Latapie on April 17, 2014, 07:41:20 PM

Quote from: DStrange on March 18, 2014, 10:52:31 AM

Giveaway still goes on! I have free coins for you! Just fill the form

Done

I am excited by this coin. ASIC-hostile, GPU-hostile, Pool-hostile. Meant for fair distribution from the start. Fairness of distribution is so important. I'd like to know how it would compare to NXT feature-wise.

Done too
But how can u send me coins mr Satoshi? Is it magic?

I'm sorry to ruin your dreams, but... that's not Satoshi. That's me, who sends free coins for giveaway.

Come onn man you can tell me you are Nick Szabo Cool

Oh i know why because in the question How much is three plus seven? * I answered don't know
Now it's ok

David Latapie

hero member

Activity: 658

Merit: 503

Monero Core Team

Quote from: ?? on ??

3 different calcs from 3 different people (me being one of them) put it from 120billion to 140 billion in existence, not 80 million. Where did you read 80 million?

I misread, sorry.

Too bad it had already been mostly mined...

David Latapie

hero member

Activity: 658

Merit: 503

Monero Core Team

Quote from: Djinou94 on April 17, 2014, 09:07:30 PM

But how can u send me coins mr Satoshi? Is it magic?

Your bytocoin folder has a "bytecoin address.txt" file once you generated the wallet. This txt file contains your bytecoin address.

Quote from: gondel on April 18, 2014, 04:37:03 AM

Can i still mine this coin with CPU?

If you read the whitepaper or [the cryptonote website, you will find that url=https://cryptonote.org/inside.php#equal-proof-of-work]the cryptonote website[/url], you will find that it is actually meant to be mainly mineable by CPU

Now, Heavycoin tried the same thing and failed, but maybe this one will work better.

Regarding the mining of Bytecoin: I read there was supposed to be 180 billions coins and that only around 80 millions have already been mined. This would mean that only 0.05% had already been mined, quite the opposite of an unfair launch. Or am I wrong on the numbers?

gondel

legendary

Activity: 1946

Merit: 1005

Hello,
Can i still mine this coin with CPU?

BR,

Gondel

DStrange

sr. member

Activity: 336

Merit: 251

Quote from: Djinou94 on April 17, 2014, 09:07:30 PM

Quote from: David Latapie on April 17, 2014, 07:41:20 PM

Quote from: DStrange on March 18, 2014, 10:52:31 AM

Giveaway still goes on! I have free coins for you! Just fill the form

Done

I am excited by this coin. ASIC-hostile, GPU-hostile, Pool-hostile. Meant for fair distribution from the start. Fairness of distribution is so important. I'd like to know how it would compare to NXT feature-wise.

Done too
But how can u send me coins mr Satoshi? Is it magic?

I'm sorry to ruin your dreams, but... that's not Satoshi. That's me, who sends free coins for giveaway.

smooth

legendary

Activity: 2968

Merit: 1198

I think its pretty clear the coin was not truly pre-mined. If you look at the difficulties in the block chain, finding all those proofs-of-work was not trivial. Some group of people (or at least computers) of fairly significant size were mining it for some period of time, though it doesn't necessarily have to be the period of time advertised.

You can criticize the fast mining schedule and that may be enough to doom the coin (if there isn't enough mining reward it won't be secure), but pre-mining in the usual sense is pretty much not true.

the_darkness

member

Activity: 79

Merit: 10

Quote from: Johnny Mnemonic on April 17, 2014, 11:14:17 PM

The idea of BCN being 80% pre-mined is a bit hasty. Just because the developers didn't want to stir up attention and make an announcement on the largest cryptocurrency forum on the net doesn't mean it's pre-mined. It just means you were late.

That said, I am interested in knowing the rationale behind BCN's unusually fast minting process.

Reading over my post I realize that I gave that impression. I actually agree with you completely. Just because they didn't choose to launch their coin on bitcointalk or reddit doesn't mean that it was inherently somehow "unfair". All I meant was to correct that poster above who seemed to think the coin had just launched.

Johnny Mnemonic

hero member

Activity: 795

Merit: 514

The idea of BCN being 80% pre-mined is a bit hasty. Just because the developers didn't want to stir up attention and make an announcement on the largest cryptocurrency forum on the net doesn't mean it's pre-mined. It just means you were late.

That said, I am interested in knowing the rationale behind BCN's unusually fast minting process.

the_darkness

member

Activity: 79

Merit: 10

Quote from: x0rcist on April 17, 2014, 06:03:15 PM

If none of these messages are signed with proper pgp key of cicada then DONT believe they are who they say they are.

So please guys, only believe this if they show us a signed message!!

Yeah really anyone reading this thread could have picked up on the cicada talk so who knows who actually sent that message.

Quote from: David Latapie on April 17, 2014, 07:41:20 PM

Meant for fair distribution from the start. Fairness of distribution is so important.

Most of the evidence earlier in the thread suggests a large amount (around 80%) has already been mined over the past two years by who knows ~~so I wouldn't necessarily say fairness is a selling point~~ (edit: see below). Assuming what is stated in the whitepaper is in fact implemented, however, bytecoin has several significant improvements, most notably comparative anonymity.

edit: By the way DStrange, thanks for the giveaway, which arrived in my wallet this afternoon.

Djinou94

legendary

Activity: 1036

Merit: 1000

Quote from: David Latapie on April 17, 2014, 07:41:20 PM

Quote from: DStrange on March 18, 2014, 10:52:31 AM

Giveaway still goes on! I have free coins for you! Just fill the form

Done

I am excited by this coin. ASIC-hostile, GPU-hostile, Pool-hostile. Meant for fair distribution from the start. Fairness of distribution is so important. I'd like to know how it would compare to NXT feature-wise.

Done too
But how can u send me coins mr Satoshi? Is it magic?

Djinou94

legendary

Activity: 1036

Merit: 1000

Quote from: Wanesst on April 17, 2014, 09:00:21 AM

Quote from: ?? on ??

Quote from: Wanesst on April 17, 2014, 08:06:28 AM

Quote from: ?? on ??

Is someone can send me 1 bytecoin for try please?
Then i will send you back for trying how to make a transfer

28nKBP39x7U2w5cixjo8xidNubNVZpvAxJ5gqFbype95aXHBpPq1Z9sWD1VdmLMpV3ebLU2kWc6AfLR 3qLcwBBfkLRzKEP5

Done!

Money successfully sent, transaction

Thank you
I received 10 Byte
And 1 Byte
Give me your adress for send back

Check PM

No received PM dude

David Latapie

hero member

Activity: 658

Merit: 503

Monero Core Team

Quote from: DStrange on March 18, 2014, 10:52:31 AM

Giveaway still goes on! I have free coins for you! Just fill the form

Done

I am excited by this coin. ASIC-hostile, GPU-hostile, Pool-hostile. Meant for fair distribution from the start. Fairness of distribution is so important. I'd like to know how it would compare to NXT feature-wise.

x0rcist

full member

Activity: 238

Merit: 100