reading this:
https://monero.stackexchange.com/questions/852/what-is-the-origin-of-monero-and-its-relationship-to-bytecoinclaims BCN is a Scam, because:
#1. 8O% was premined at the time it was written. Asked: Aug 7 '16 / edit: Mar 26 2018 at 4:47
#2. Real Developers don´t give real name & address.
#3. WhitePaper .pdf date signature are altered.
According to:
https://bytecoin.org/about/technical-documentationOne coin is divisible down to 8 decimal places (divisible up to 10^8)
Total coins: 18,446,744,073,709,551,616 atomic units (= 184.46 billion BCN)
According to Coinmarketcap.com one of the most popular websites ...
https://coinmarketcap.com/currencies/bytecoin-bcn/Circulating Supply Today / Right Now:183,832,211,782 BCN
Max Supply:184,470,000,000 BCN
in my Country 1 Billion = 1Million x 1Million = 1,000,000,000,000
184 Billion = 184,000,000,000,000
in USA & UK 1 Billion = 1Thousand x 1Million = 1,000,000,000
184 Billion = 184,000,000,000
that was the first thing i learned in school.
https://en.wikipedia.org/wiki/BillionA billion is a number with two distinct definitions:
short scale definition normal in both British and American English.
Long scale is one thousand times larger than the short scale billion, and equivalent to the short scale trillion.
we are so close "Reaching the limit" of Scam Believers.... 184,467,440,737 "removing the last 8 digits 09,551,616" (-) Current coin supply today 183,832,211,782 = 635 Million coins remaining.
we just have to wait & see...,
if No more coins can be mined, probably was a scam or a design flaw.
if more coins
can be mined "pass the Threshold",
Scam Believers will still believe its a scam, that´s who they are, its in their DNA. LOL. Jajajaja
#2. & #3. are obvious, & the Reason why nobody gives the real name on internet. unless its a trusted Online store using a Credit Card,
and that was one of the reasons why PayPal was invented, to make transactions more secure, only giving shipping address to the seller.
and forcing seller to give what promised. But that´s another story.
so, who the f**k is:?
edited Mar 26 at 4:47
sgp5,43442086
answered Aug 7 '16 at 12:03
Ginger Ale4,3871838
Nobody is called sgp or Ginger Ale in real life. LOL. Jajajajaja
Trashing developers because don´t want to give real names on internet is insane, beyond absurd.
Bitcoin also has millions of lost coins, coins that do not move, in years... people has written algorithms about that.
http://fortune.com/2017/11/25/lost-bitcoins/https://themerkle.com/here-are-3-things-that-may-happen-to-satoshis-fortune/https://seekingalpha.com/article/4082979-much-bitcoin-lost-foreverhttps://www.reddit.com/r/Bitcoin/comments/7jn6sb/satoshis_last_activity_on_bitcointalkorg_was/https://bitcointalksearch.org/topic/proposal-to-all-miners-to-recover-lost-coins-a-new-modified-blockchain-core-2372215https://medium.com/chainofpoints/re-mining-lost-bitcoins-part-i-195949225af4another kind of inactivity "abandonware coin":
https://cointelegraph.com/news/coinmarketcap-about-40-of-the-coins-ever-added-to-the-site-are-now-inactiveReal Scam Coins only have 1 Year old, yes they are premined, but also use Bots to move the coins to many different Wallets, to artificially inflate the coins value, and USUALLY NEVER Develop a Superior Technology.
CryptoNight Algorithm has Proven to be a Superior Technology...
How can be a Scam?
mining at 100% Load:
GTX 1060 6GB eats:
60w with CryptoNight algorithm.
90w with Equihash.
same settings.
to me another kind of Scam Coins, are those coins that cannot be Mined, and are not backed up by proven reserves, in Dollars, or Gold, Silver, Oil,...
those are true scams.
CryptoNight Algorithm is CPU Friendly = Less Centralized = in favor of Decentralization...
7700K stock speed makes 300H/s,
GTX 1060 6GB Overcloked +200+500 makes: 500H/s. 450H/s stock.
CPU vs. GPU Ratio makes CryptoNight The best hybrid Algorithm so far...
1.5x Ratio Stock.
Equihash makes 90:300 sols. = 3.33x Ratio.
the ideal would be 1:1 Ratio, Price Performance Watt Ratio.
others are much more...
CryptoNight is truly Decentralized = makes No difference where you mine in GPU or CPU, Hardware developers don´t have unfair advantage.
Equihash probably the Second best Hybrid CPU:GPU algorithm.
https://github.com/zcash/zcash/issues/1211#issuecomment-378300395ETHash has Failed, when Bitmain released an ETHash E3 miner = to 4.5x Watercooled Vega64 with 800w @ $800usd.
https://bitcointalksearch.org/topic/ethereum-asic-miner-bitmain-antminer-e3-and-how-you-can-help-hardfork-eth-3251440the oldest entry of one of the original developers of Bytecoin in GitHub is November 14, 2013
https://github.com/amjuarez?tab=overview&from=2013-12-01&to=2013-12-31project moved to a New GitHub address in February 6, 2018:
https://github.com/bcndev?tab=overview&from=2018-02-01&to=2018-02-28