Topic: [BCN] Bytecoin. Secure, private, untraceable since 2012 - page 74. (Read 1070274 times)

BitcoinGold BTG was created / a modified version of Bitcoin BTC because a technical reason, few people understand...

Bitcoin BTC Blockchain was designed with SHA256 algorithm, developed by the N.S.A.
https://en.wikipedia.org/wiki/Secure_Hash_Algorithms
it turns out, that China developed ASIC Miners that could Monopolize / Control All the Bitcoin in the Future/World...

Bitcoin was created with De-Centralized Idea, anything that goes against Decentralization is against the Original idea/purpose of Bitcoin...
https://bitcoin.org/bitcoin.pdf

Bitcoin has become Centralized,
the Only way to keep Bitcoin Decentralized was to change the Algorithm,

that´s why Litecoin was Born, it was a Mutation of Bitcoin, they replaced the SHA256 algorithm with Scrypt,
but China once again created ASIC Scrypt miners...

New Algorithms were Born, ETHash "Ethereum & Ethereum Classic."
BytecoinBNC CriptoNote, and its mutations like MoneroXMR CryptoNight v6, Now will change to v7 this month.
https://upload.wikimedia.org/wikipedia/commons/7/7a/Forks-tree-fixed.png

Equihash...
and many many more...
https://bitcointalksearch.org/topic/m.30868936
https://bitcointalksearch.org/topic/ann-creditscrds-cpu-only-mining-argon2d-pow-masternodes-1944858


BitcoinGold replaced the SHA256 with Equihash, and a fork was born, "the difference in ideas, how the future should be, similar to Ethereum & Ethereum Classic Fork."
https://en.wikipedia.org/wiki/List_of_bitcoin_forks
ETClassic is "inmutable", ETH is Mutable,
BTC is "inmutable in some aspects" like the 1MB Block Size limit, and the SHA256 algorithm.
when developers don´t agree in the RoadMap, a Fork is Born.
thats why BitcoinCash was born, to increase the Block Size Limit.

the reason for Equihash was backward compatibility, and easy implementation...

Other coins that have a much more advanced Algorithm are Not compatible, and the Blockchain must Start from 0.

e-Coins behave like Darwinism & Natural Selection created by Mutations of the Code, and Environment Adaptation.
https://en.wikipedia.org/wiki/Darwinism
https://en.wikipedia.org/wiki/Neo-Darwinism

to me Bitcoin is the Ford Model-T of this era... and sooner or later it will be replaced, with a much better. LOL .Jajajajajaja

example BTG created its own forum...
https://forum.bitcoingold.org


where does the name Bytecoin comes from?
1 Bit = 1 or 0.
1 Byte = 1 group of 8 bits.
its a way to say its Bigger, it an evolution...
https://en.wikipedia.org/wiki/Bit
https://en.wikipedia.org/wiki/Byte

example internet speed is sold in bits per second because slow speed looks bigger / more impressive.
but hard drive capacity & speed is sold in Bytes because bits are 1/8 too small & will give a number too big.
Sales Marketing.?
pay for a 20Mbps internet or for 2.5MB/s internet?
but SATA port is in Bits, SATA-III = 6Gbps, but PCIe x1 v2 is limited to 5Gbps, if you put 2x SSD's into a controller connected to PCIe x1 v2 speed will half.
https://en.wikipedia.org/wiki/PCI_Express#History_and_revisions


Anyway...
why i think Bytecoin is better than Bitcoin:
https://bitcointalksearch.org/topic/ann-creditscrds-cpu-only-mining-argon2d-pow-masternodes-1944858
https://bitcointalksearch.org/topic/ann-creditscrds-cpu-only-mining-argon2d-pow-masternodes-1944858
https://bitcointalksearch.org/topic/m.33619265
https://bitcointalksearch.org/topic/m.33596490

BCN Technical Specs:
https://bytecoin.org/about/technical-documentation

CryptoNight v6 is the Best Hybrid CPU & GPU algorithm today...
MoneroXMR is launching "this month" a New v7 Algorithm with unknown performance.
CryptoNight is much more power efficient than Equihash and many other algorithms.
also the CPU vs. GPU ratio makes is less Centralized... still makes sense to use the CPU = more decentralized.

GPU Only algorithms like ETHash are responsable for the GPU price increase in the last year,
used price today for a GPU was New Price Yesterday.


are e-coins scam?
real money is scam...
money was backed up in the past with Gold Reserves 1:1... until it was abandoned &/or forbidden by governments.
Today Paper Money worths Nothing, creating inflation & debt.
https://en.wikipedia.org/wiki/Gold_standard#Theory
https://en.wikipedia.org/wiki/United_States_dollar#Silver_and_gold_standards

"Gold coins were confiscated by Executive Order 6102 issued in 1933 by Franklin Roosevelt. The gold standard was changed to 13.71 grains (0.888 g), equivalent to setting the price of 1 troy ounce of gold at $35. This standard persisted until 1968."
https://en.wikipedia.org/wiki/Executive_Order_6102
"Executive Order 6102 is a United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the Hoarding of gold coin, gold bullion, and gold certificates within the continental United States". The limitation on gold ownership in the U.S. was repealed after President Gerald Ford signed a bill legalizing private ownership of gold coins, bars and certificates by an act of Congress codified in Pub.L. 93–373[1] which went into effect December 31, 1974."

PoW coins are made of energy, energy someone has pay'd...
eCoins are stored Energy...

In the Hitman Game, Sapienza At Sunset, when Hitman is walking with the priest, says:
"Money is God,
thats whats Nietzsche never understood,
God simply has taken another form."
https://youtu.be/it1PsAojZJo?t=8m18s

God is Energy, & Money is Energy, Money is a small piece of God's Energy.
thats why every body wants it.
some people call it The Gold Rush.
https://en.wikipedia.org/wiki/Gold_rush

i have felt it, the energy.
is more real than anything else.

Is the Bytecoin a scam? I found an article in which it is asserted that Bytecoin crypto currency is fraud. What do you think about this?

https://medium.com/monero-ru/вывeдeниe-нa-чиcтyю-вoдy-cкaмa-cryptonote-bytecoin-зa-иcключeниeм-monero-eae788509070

Try and get listed on binance and Kucoin don't worry about poloniex that exchange is dying.

Hello Bytecoiners!

Check out our latest Bytecoin Poloniex Campaign: https://www.reddit.com/r/BytecoinBCN/comments/8b7fld/bytecoin_poloniex_campaign/

We can really use your support so the more users that help the better!

All the best,

- The Bytecoin Team

Nobody is going to risk getting their ROI for their ASIC miners to mine BCN so yeah I doubt ASIC's are going to be providing hashing power for this coin unless it has some profits to give that are worthy.

Check out Cryptomedia's latest post about Bytecoin: https://cryptocoremedia.com/bytecoin-privacy-cryptocurrencies/

I noticed one new scam coin using BytePay name to scam people.
Please be aware:

info:
https://bitcointalksearch.org/topic/ann-bytepay-bepay-pow-masternodescam-hodlscam-neoscam-cropcoin-3283379

official self-moderated altered topic:
https://bitcointalksearch.org/topic/ann-bytepay-bepay-pow-tiered-masternodes-3277964

my first coin to be mined, my acquaintance with mining began with him, I hope everything will be fine, the complexity is growing

Hello.  I have wallet version 1.1.1 and can't get any connections anymore.  Am I missing something?  Help is much appreciated.  Thanks.

Hello everybody. Thanks for the update. I've been waiting for him for a long time. I had problems with my wallet. I hope everything will be ok after the update. Good luck to all.
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Meet the updated Bytecoin Desktop release! Added the "Export keys" feature as well as some minor UI bug fixes! Download and enjoy : https://bytecoin.org/downloads

Is there a new link to download the blockchain it's no longer with the downloads on bytecoin.org

Bytecoin wallet: how to Generate multiple addresses in a wallet???

Hi,guys!
I used the walletd version 3.3.0,and I tried to generate multiple addresses in a wallet using the below way:
curl -X POST http://:/json_rpc -H 'Content-Type: application/json-rpc' -d '{"jsonrpc": "2.0", "id": "", "method": "create_addresses", "params": {}}'
the official link is:
https://github.com/bcndev/bytecoin/wiki/Bytecoin-Wallet-Daemon-JSON-RPC-API#1-create-addresses
But I got nothing return...what's wrong,the wiki document is out-of-date???
Or the one wallet only could own one address??

When I generate address,should I need synchronize the full blockchain data??
Could I generate address off-line???

Thanks,guys!

Believe the hardfork will have a changed in algo, but XMR's change in algo was to counter ASICs.  BCN devs have said that they wont consider a change in algo against ASICs until they perceive it as a threat.

I don't know if I missed any post, but does bytecoin plan to change algorithm like monero?

Are you Know on the exchange of hitbtc.com the withdrawal of bytecoin crypto-currency is available or not?

Bytecoin is is a good coin. but now difficulty rose up pretty hard ...
We need more advertising I think. if marketing team is working hard, then I am sure project will succeed.

an interesting coin with a promising name. already a veteran of the crypto market)

HitBTC

Hi people! Why is it impossible to export coins bytecoin from the Poloniex exchange? When do developers fix this issues?

Poloniex contains such a message:


https://b.radikal.ru/b42/1803/7d/f3961e12a519.jpg