I definitely prefer ByteCoin and duckNote over Monero.
It has to do with the devs, community and the coins' brandings for my choices. Noob geniuses love to yell "premined LOL!OL!!!!111" at ByteCoin, while the people who actually do their research sit quietly mining and buying with confidence. I'm not here to convince anyone because it's a lost cause--there are fanboys for every altcoin now, so half of the people "investing" in altcoins have no idea what they are investing in and just jump on the hype train. That's the case with DogeCoin, that's definitely the case with DarkCoin, and possibly Monero (although I just think their branding, logo, name, and devs are terrible).
I see the Shibisms more and more every day in these coins' communities, and all I can do is laugh or pray for their naivety. Half of the people here can't even get their numbers straight for how much ByteCoin was mined before the "public release" as they are too concerned with branding it "premined"--a cancerous word in cryptoland. Most fail to understand that bitcoin is 60% mined already and that most altcoins have a very high percentage of ownership by a very few addresses.
To each their own. IMO ByteCoin and duckNote are the real deal, in their own special ways.
Topic: Bytecoin [BCN] vs MONERO [XMR] who will be the winner in the Cryptonote War - page 12. (Read 15757 times)
June 25, 2014, 05:43:58 PM
June 25, 2014, 05:37:07 PM
Monero obviously.
Bytecoin didnt even have a working Miner for christs sakes...PLUS it has a 82% premine....
The premine can be found on the Bytecoin Blockchain geniuses, just because a coin is anonymous and you can't identify a address to a person, doesnt mean that you cant see that 83% of Bytecoins entire coin supply was mined before it became known.
The Bytecoin Blockchain is proof of the premine..Anyone argueing against it either hasn't checked the blockchain, is a troll/blatantly lying, or is a bytecoin bagholder.
Bytecoin didnt even have a working Miner for christs sakes...PLUS it has a 82% premine....
The premine can be found on the Bytecoin Blockchain geniuses, just because a coin is anonymous and you can't identify a address to a person, doesnt mean that you cant see that 83% of Bytecoins entire coin supply was mined before it became known.
The Bytecoin Blockchain is proof of the premine..Anyone argueing against it either hasn't checked the blockchain, is a troll/blatantly lying, or is a bytecoin bagholder.
June 25, 2014, 05:29:33 PM
Those who only own Bytecoin will probably call Monero a copy-and-paste clone. Those who only own Monero will probably call Bytecoin a premined scam. Both descriptions are incorrect although they have some sense of truth in them and I think neither coin is necessarily "better" than the other simply because each one has its own pros and cons.
Bytecoin pros:
They were the first to implement CryptoNote.
Skilled dev team who wrote the code and understand it.
Bytecoin cons:
Poor distribution as most coins were mined by the deep web community.
Monero pros:
Much more transparent distribution.
Benefits from a much more inclusive community.
Monero cons:
Dev team didn't write the code themselves and so are probably less familiar with it.
Bytecoin pros:
They were the first to implement CryptoNote.
Skilled dev team who wrote the code and understand it.
Bytecoin cons:
Poor distribution as most coins were mined by the deep web community.
Monero pros:
Much more transparent distribution.
Benefits from a much more inclusive community.
Monero cons:
Dev team didn't write the code themselves and so are probably less familiar with it.
Like I said all Cryptonote coins will help each other if the devs keep on working.
BCN will be "haunted" forver imo due to the bad distribution whatever the devs do.
I would rather lose my investment on XMR than try to persuade people that BCN's distribution was fair.
Yes, the mysterious distribution is my biggest concern with Bytecoin and it's the reason why I didn't go all the way with BCN but invested in Monero as well. Another fact to consider which I forgot to mention is that the distribution opens the price to possible manipulation (i.e. a BCN whale could seriously crash the price). This is not the case with Monero, of course.
Interestingly, the distribution of Bytecoin has many parallels with NXT's initial distribution and attempts by the community to launch forks of NXT with a wider initial distribution.
Finally, there is the moral question to consider among this all. Bytecoin was the one that started it all, and to have it fail would, to me, represent a failure of open source principles. It is apparent that whoever wrote the code behind Bytecoin and its forks put in a lot of effort into it and so there is also the moral idea that the Bytecoin devs have every right to reap the rewards of their creation.
EDIT/DISCLAIMER: I am invested 50:50 in both BCN and XMR.
June 25, 2014, 05:26:54 PM
I prefer developers over speculators, so Bytecoin is my choice 
Do you really prefer Darkcoin situation or Bytecoin situation? Developers should have credit. Forks count show it all. I don't think there will be clear winner tho.
BTW nobody knows anything about Bytecoin coin distribution. It's anonymous coin, remember
Any premine statement about how many people have those 80% are just nonsense.
Do you really prefer Darkcoin situation or Bytecoin situation? Developers should have credit. Forks count show it all. I don't think there will be clear winner tho.BTW nobody knows anything about Bytecoin coin distribution. It's anonymous coin, remember
Any premine statement about how many people have those 80% are just nonsense. 
June 25, 2014, 05:18:26 PM
XMR is not 83% premined.
end of discussion lol
+1end of discussion lol
The real question is not so much about Bytecoin, but of the other Cryptonote coins, which one will acheive widest adoption? The most focus now is on Monero, but Fantomcoin and Quazarcoin are of the same family and have their own unique properties.
Quazarcoin has none unique property. It just copies Monero from the start and that with a lag...
XMR for me too because i own some. And i own XMR instead of BCN because of the premine and active community. You may call it whatever you like but noone serious would ever invest in something a few people hold 82% of it...And by few i expect it to be less than 25...
As for fantomcoin i dont really know but why would i need it?
Quazarcoin has a longer block period and a slower release phase. Those make it different.
Fantomcoin offers merged mining and 18.4 million coins vs 184 Billion coins of BCN. Those make it different. Also, less coins means more value per coin.
As i have written again less coins doesnt mean something has more value. Some diseases are rare but not valuable...Merge mining is good but i see no purpose right now...
As for Quazrcoin much difference such wow
June 25, 2014, 05:12:06 PM
Those who only own Bytecoin will probably call Monero a copy-and-paste clone. Those who only own Monero will probably call Bytecoin a premined scam. Both descriptions are incorrect although they have some sense of truth in them and I think neither coin is necessarily "better" than the other simply because each one has its own pros and cons.
Bytecoin pros:
They were the first to implement CryptoNote.
Skilled dev team who wrote the code and understand it.
Bytecoin cons:
Poor distribution as most coins were mined by the deep web community.
Monero pros:
Much more transparent distribution.
Benefits from a much more inclusive community.
Monero cons:
Dev team didn't write the code themselves and so are probably less familiar with it.
Bytecoin pros:
They were the first to implement CryptoNote.
Skilled dev team who wrote the code and understand it.
Bytecoin cons:
Poor distribution as most coins were mined by the deep web community.
Monero pros:
Much more transparent distribution.
Benefits from a much more inclusive community.
Monero cons:
Dev team didn't write the code themselves and so are probably less familiar with it.
Like I said all Cryptonote coins will help each other if the devs keep on working.
BCN will be "haunted" forver imo due to the bad distribution whatever the devs do.
I would rather lose my investment on XMR than try to persuade people that BCN's distribution was fair.
June 25, 2014, 05:07:19 PM
Those who only own Bytecoin will probably call Monero a copy-and-paste clone. Those who only own Monero will probably call Bytecoin a premined scam. Both descriptions are incorrect although they have some sense of truth in them and I think neither coin is necessarily "better" than the other simply because each one has its own pros and cons.
Bytecoin pros:
They were the first to implement CryptoNote.
Skilled dev team who wrote the code and understand it.
Bytecoin cons:
Poor distribution as most coins were mined by the deep web community.
Monero pros:
Much more transparent distribution.
Benefits from a much more inclusive community.
Monero cons:
Dev team didn't write the code themselves and so are probably less familiar with it.
Bytecoin pros:
They were the first to implement CryptoNote.
Skilled dev team who wrote the code and understand it.
Bytecoin cons:
Poor distribution as most coins were mined by the deep web community.
Monero pros:
Much more transparent distribution.
Benefits from a much more inclusive community.
Monero cons:
Dev team didn't write the code themselves and so are probably less familiar with it.
June 25, 2014, 05:06:07 PM
XMR is not 83% premined.
end of discussion lol
+1end of discussion lol
The real question is not so much about Bytecoin, but of the other Cryptonote coins, which one will acheive widest adoption? The most focus now is on Monero, but Fantomcoin and Quazarcoin are of the same family and have their own unique properties.
Quazarcoin has none unique property. It just copies Monero from the start and that with a lag...
XMR for me too because i own some. And i own XMR instead of BCN because of the premine and active community. You may call it whatever you like but noone serious would ever invest in something a few people hold 82% of it...And by few i expect it to be less than 25...
As for fantomcoin i dont really know but why would i need it?
Quazarcoin has a longer block period and a slower release phase. Those make it different.
Fantomcoin offers merged mining and 18.4 million coins vs 184 Billion coins of BCN. Those make it different. Also, less coins means more value per coin.
June 25, 2014, 05:01:53 PM
XMR is not 83% premined.
end of discussion lol
+1end of discussion lol
The real question is not so much about Bytecoin, but of the other Cryptonote coins, which one will acheive widest adoption? The most focus now is on Monero, but Fantomcoin and Quazarcoin are of the same family and have their own unique properties.
Quazarcoin has none unique property. It just copies Monero from the start and that with a lag...
XMR for me too because i own some. And i own XMR instead of BCN because of the premine and active community. You may call it whatever you like but noone serious would ever invest in something a few people hold 82% of it...And by few i expect it to be less than 25...
As for fantomcoin i dont really know but why would i need it?
June 25, 2014, 04:59:33 PM
The one that has the biggest community , no scams behind it (underground 80% premine).
But all in all it needs the three devs BBR's - XMR's - BCN's willingness to work on there projects and fix the flaws.
XMR is the leader in my opinion and will prevail.
But all in all it needs the three devs BBR's - XMR's - BCN's willingness to work on there projects and fix the flaws.
XMR is the leader in my opinion and will prevail.
June 25, 2014, 04:56:38 PM
XMR is not 83% premined.
end of discussion lol
+1end of discussion lol
The real question is not so much about Bytecoin, but of the other Cryptonote coins, which one will acheive widest adoption? The most focus now is on Monero, but Fantomcoin and Quazarcoin are of the same family and have their own unique properties. People should check those out in addition to XMR.
June 25, 2014, 04:47:25 PM
Dear Cryptonote followers
I've started this thread because some of you are discussing this on the Coinmarketcap thread and that's the wrong place for that.
So let's talk here about the pros and cons of this two innovative coins and write your opinion down
why MONERO or BYTECOIN is better
Let's have fun and don't be to personally!
Don't forget we are all in the same boat because everyone of us likes Cryptonotes!
I've started this thread because some of you are discussing this on the Coinmarketcap thread and that's the wrong place for that.
So let's talk here about the pros and cons of this two innovative coins and write your opinion down
why MONERO or BYTECOIN is better
Let's have fun and don't be to personally!
Don't forget we are all in the same boat because everyone of us likes Cryptonotes!
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