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*2nd Update*
Bytecoin Development team is working hard to fix all the network issues. Most of the problems have already been fixed. The fixed software is going online so be prepared to update your Bytecoin clients.
We will update you right after the software will be available for download.
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Hello Community,
The web wallet is back online. In case you’re facing some issues reaching the website, please clear your browser’s cache and/or use a VPN. The whole system is getting overhauled, we’ll come out with an update about the situation later today. Thank you for your patience in the meantime.
All the best,
The Bytecoin Team
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Dear Community,
The network is experiencing an unusually high load at the moment. Transactions can be delayed and node synchronization can lag far behind.
The team is working as hard as possible to solve these issues.
It's strongly recommended to avoid any transferring of BCN until the situation is resolved.
We hope to have this issue solved as soon as possible. Thank you for your patience in the meantime.
- The Bytecoin Team
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CONSENSUS ABOUT THE v7 UPGRADE (ASIC RESISTANCE)First of all, I'll make this short. I strongly belive that we need to upgrade. As many of you know the blockchain technology need some upgrades from time to time, not so long ago the Bytecoin blockchain suffered an attack in which 693 million BCN coins were created from nowhere. Almost every cryptonight coin has upgraded their code or is in process of upgrading it (I'll not mention the projects but you can check in https://www.cryptunit.com/ all the coins that uses cryptonight algo and wich ones runs on v7). Right now the community need to know the risks associated to not upgrading to v7, some risks are: - Hashrate attack
- TimeStamp attack
- 51% attack
- Blockchain control from ASIC suppliers
As a community, we must participate in a consensus to decide if Bytecoin need to upgrade their Cryptonigh protocol to v7 (ASIC resistance). Please participate, discuss and in the end of the post leave this comment: YES UPGRADE or NOT UPGRADEI strongly believe that we need to upgrade. Soon I'll create a threadpool, some in Twitter. Cheers and keep up the good work !! Thanks for sharing your post, however, you should read the Statement one more time, there you will find that your arguments have failed. Long Story Short The truth is that ASICs PREVENT the network from a hashrate attack, moreover, it’s quite easy to control and monitor the situation to prevent the system from any 51% attacks. Despite the strength of the Monero, they have made an unwise decision and let their users become de-anonymized. Bytecoin has its own logic of development and won’t follow the path that other projects have decided to choose as the right one. We were the first coin to have implemented CryptoNote as a basic approach and we understand the system better than any other. In conclusion, we respect other cryptonote coins to update themselves with a hardfork but it is only a temporary short term band-aid which won’t be useful after the appearance of FPGA miners. This tendency to panic leads the updated coins nowhere and it’s only a matter of time for them to be affected by ASICs yet again. |
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Bytecoin Social Media Campaign! Check out our most recent Reddit post for a chance to win 2 free nights at Dukley Hotel in Montenegro! http://goo.gl/FkKH5D Please let us know what you think! |
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Dear Community! We are happy to announce that our Dev Team and Korean Community are going to launch an AMA for our South Korean Users on April 26th! Stay tuned for further details!
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Bytecoin has been added to CoinDeal! https://coindeal.com/ Check them out and let us know what you think about their service! |
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Bytecoin Asian Market Update! goo.gl/yjpia7 Check out Bytecoin’s latest update about our 1st Quarter progress in the Asian market!
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Bytecoin Updates Its Software with the Most State of the Art in the World for Anonymous Cryptocurrencies https://www.ccn.com/bytecoin-updates-software-state-art-world-anonymous-cryptocurrencies/ Bytecoin, which is known as the fully-anonymous cryptocurrency which first implemented the CryptoNote protocol, is publishing a major software update. This update has proven to solve Bytecoin’s most essential technical issues as well as improve both the stability of the system and its reliability. According to the 2018 Bytecoin Roadmap, February 6th is the day when BCN users will be able to experience the new Bytecoin Beta Release. This massive update, according to the provided details, is the result of meticulous work conducted by Bytecoin’s team of anonymous developers and will lead Bytecoin to even greater popularity than ever before. To download the update and experience it for yourself, please follow this link. “Bytecoin is one of the most unique projects in the crypto world because it has existed for such a great length of time without updating its own imperfect software. But now, thanks to the painstaking work of our community and the Dev Team, we’ve built an absolutely new and entirely reliable software. This update will lead Bytecoin to completely new heights of success and help motivate more users to get involved in our ecosystem” – said Jenny Goldberg from the Bytecoin team. As for the back-end part of the update, the Bytecoin Development Team has decided to implement some essential features to improve the speed and reliability of the software. In addition to this, the release of this software will also appear in a new GitHub repository. Starting from the LMDB library, which has optimized the blockchain size, modified the daemon, reworked the block downloader, and provided a new API. Furthermore the Dev Team has mentioned early support for the “Send Proof” feature (a cryptographic object which proves that the creator of this object has really sent their coins). The front-end part has been updated significantly as well and mostly influenced by the major back-end implementations. The new design and variety of new features have been made available to implement by Bytecoin’s community of enthusiasts, working in tandem with the Dev Team. Also contained within are the builds, including early support for dynamic fees, a Wallet Service console, and some other minor improvements. “As soon as these beta-builds will be successfully tested, Bytecoin’s Developers will be able to proceed with improvements, such as a new stable API release and a hardfork on June 12th. We’d like everyone from the crypto community to take part in our beta-tests, to improve the final builds and make it the best it can possibly be,” – said Jenny Goldberg from the Bytecoin team. The Bytecoin Team has rushed into this year with a few essential marketing updates and it’s time for the Developers to release the new software versions. Moreover, according to Bytecoin’s 2018 Roadmap this coin is going to be heavily involved in the Asian market for the 1st quarter, and these events (including today’s release) are going to bring Bytecoin to new and even greater heights for the 1st fully-anonymous cryptocurrency. Fraudulent action on Telegram: Notification for the whole Cryptocommunityby BCN_official1 https://www.reddit.com/r/CryptoCurrency/comments/7vmnpg/fraudulent_action_on_telegram_notification_for/Hello Dear Cryptocurrency and Bytecoin Community, I am writing to you today to make you aware that Bytecoin has been experiencing a higher than average number of scammers through our Telegram channels. I just wanted to share my experience to help make other crypto communities aware of this situation. There a lot of scammers in many of the Telegram groups, please be cautious, never tell anybody your email, 2FA, or private information if you’re not absolutely sure who you are talking with. We wanted to share this in an effort for users to be more attentive regarding this issue and let other cryptocurrency groups be aware of this, in case they begin to experience the same issues. All the best, Jenny Goldberg Bytecoin Manager If i Download This Wallet? Will It Effect My Desktop i Already Have? Hello, You have to make a backup file of your old wallet. When launching your new wallet, import your wallet file there and right after that the new wallet will be fully synchronized (just a few hours) and your balance will appear there. -Jenny |
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[Telegram Official Account] - 🆘 Be aware of the scammers 🆘 🆘!!!Be aware of scammers!!! 🆘 Dear Community, Today I received a screenshot from one of our community members about some scammer activity. It showed that another telegram account had been created that claimed that they were a part of our support team! https://i.imgur.com/VYL1Ey8.jpg https://i.imgur.com/H1r2sfl.jpg(Take a look at the screenshot) Where the name of the account looks like mine but there's a space after "underline" and before "official", that makes him different compared to my account. ❗️ I'm the only official representative of the Bytecoin team. ❗️ If you are not sure that you are talking exactly with the original Bytecoin account, please check the status in the admin panel of the telegram group. ⚠️I'll never ask for your email if you not writing me about your web wallet problems. ⚠️ I'll never ask for your password. I'll never ask you for your 2FA code. ⚠️I'll never be interested about your private information. Please, before giving your data to anyone please check that this is a reliable person. To prevent any data loss please never tell anyone your password, 2fa code, and/or email! Best Regards, Jenny Goldberg |
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Withdrawals from poloniex remain disabled. What is the reason? I hope that everything will be fixed.
Hello! We are trying to fix it but unfortunately we haven't received any proper answer from Poloniex team. If you know anyone from their team please let us know. It's very important as soon we will release new API and every exchange should test it before integration. Is tthe new API ready for february 6th ? The Beta Version - Yes! The stable API will be released later (according to roadmap) |
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Withdrawals from poloniex remain disabled. What is the reason? I hope that everything will be fixed.
Hello! We are trying to fix it but unfortunately we haven't received any proper answer from Poloniex team. If you know anyone from their team please let us know. It's very important as soon we will release new API and every exchange should test it before integration. |
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