There was no closed source release of anything from the Monero project. It has all been released on github, when practical with accompanying Windows, Mac and Linux binaries. We can't control what everyone else does, but we have certainly encouraged optimized miner developers to share them, in one case offering a bounty (though it turned out not to be necessary as we independently developed comparable optimizations).

We're released two rounds of miner optimizations in open source, improving on the original bytecoin miner by approximately 10x (hardware dependent).

Ask the bytecoin developers. Oh wait, they're hiding somewhere.

We can't prove this 100%, but several highly qualified programmers (including at least one not associated in any way with the Monero project) have looked at the code and found it difficult to accept any other explanation. Draw your own conclusions.

The coin launched on April 18, so 32 days is almost exactly on the nose.

There was a public announcement a week before.

There is no source. There was no premine or instamine.

The issue involved someone, apparently in Russia (Russian language forum site), who discovered that the bytecoin miner (subsequently cloned to MRO) had apparently been de-optimized prior to public release and could be made several times faster with relatively simple changes. It was one of the MRO developers (NoodleDoodle) who promptly released an un-deoptmized miner (subsequently back ported to bytecoin), and later released additional optimizations.

You won't find a more fair launch of any coin no will you find team behind a coin with more integrity than the Monero team in my opinion (though as a minor disclaimer, I don't know all of them outside of our work on Monero -- the work on Monero has been 100% above board and community-focused).

I don't remember there being a bounty for a GUI miner, although maybe there was. Perhaps you are thinking of the GUI wallet bounty?

That is a pretty decent hash rate. The whole network is around 800k so you have almost 1/1000 of it. There are an average of 1440 blocks per day so you should be getting an average of a block per day with solo mining. Of course some days will be zero, some will be multiples.

Please remove my offer for now. 

I recommend solo mining at this point. None of the pools are that reliable.

Solo mining provides the maximum value to the network by running a node and decentralizing control away from pools (even if other people do use them). Solo miners are the true heros of any coin.

The down side is that you need to be extremely patient and not have unrealistic expectations of getting coins on a consistent basis (or with a low hash rate, ever). If you view it as providing a service to the network and look at any coins you do get as nice prize or bonus, you will enjoy solo mining. If you check every 15 minutes to see if you got some coins, you will find solo mining very frustrating.

Yes it is possible. You are playing lottery. Nothing wrong with that. You won't get consistent coins, but you have the same fair chance of getting a block as anyone else relative to your hash rate. Which is to say you have 1/10 the chance of someone with 400. If you are patient and don't have unrealistic expectations there is nothing wrong with solo mining.

I have no idea what you are looking at. This coin was trading below 0.001 yesterday. When it first started trading at poloniex it was a bit over 0.001, now (as I write this) it is over 0.002. Of course there are ups and downs, but this coin as a long and exciting future ahead of it. Of that you can be certain.

Your chart is upside down?

I take care of my old friends

Bitmonero was the original name. Monero is the new name. Same coins.

Take a look at the githubs. Monero devs are doing a more useful work now than the bytecoin devs are. It was the Monero devs who sped up mining by a factor of 10 and have made other important fixes.

The Monero community is now larger and more active than the Bytecoin community. That will continue to attract and motivate great developers to work on this project.

It was was the Monero community that put together the bounty for an open source pool and open source miner. We also have a prototype GIU wallet. Bytecoin never did that.

Nobody even knows who the bytecoin devs are. For all we know they are busy cashing out their 140 billion premined bytecoins and have essentially abandoned the project, or just keeping up the pretense of working on it to support the price while they cash out. Monero has no premine. No one is cashing out. The only way the developers get anything out of this project is to build it along with the community.

Do not judge Monero on the basis of comparison with Bytecoin. Judge it on what we have accomplished and continue to accomplish.

It is certainly false that we are dependant on the bytecoin developers. If we were, I'd be very worried. Fortunately we are not.

The OTC exchange is now closed

If you have escrowed coins, please contact me to redeem them. I will eventually track you down in any case

Congratulations to all early participants. Your efforts have now taken MRO to the next level where it is being traded on multiple web exchanges.

I am still available to escrow on a case-by-case basis.

Sent

Exactly, as I said above (in bold now).

I'm hopeful that over time the exchanges will just switch to the usual method of generating a deposit address for each customer. The current method is a pain and is putting unencrypted payment IDs into the block chain, potentially compromising privacy. I think they are doing it the way they are because the wallet APIs for Monero are currently very rough, but that will improve over time.

Shorter term, the exchanges may provide a method to give a payment ID for withdrawals, which would allow direct transfers.

For now, yes you need to need to send to your own wallet first.

That is way old

I do have an offer up now though. See the first post

I'd suggest 24 hours, to at least give people in every time zone a chance to see it.