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is Bytecoin a bitcoin clone?
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Topic: is Bytecoin a bitcoin clone? (Read 627 times)
SodaPopinski
(OP)
Newbie
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Activity: 2
Merit: 0
is Bytecoin a bitcoin clone?
June 11, 2015, 04:06:13 PM
#1
Why would a clone of bitcoin even exist.. seriously
LiteCoinGuy
Legendary
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Activity: 1148
Merit: 1011
In Satoshi I Trust
Re: is Bytecoin a bitcoin clone?
June 11, 2015, 04:19:23 PM
#2
Short: yes
and there are thousands of btc clones.
i would stay with the 2 biggest coins: Bitcoin and Litecoin.
Namecoin is another one with an interesting concept but first you should just learn everything about
BTC
OVERVIEW: BITCOIN HARDWARE WALLETS
https://bitcointalk.org/index.php?topic=899253.0
Litecoin Info:
https://litecoin.com/
*** BTC CHARTS:
https://forum.bitcoin.com/topic334.html
tacotime
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Activity: 1484
Merit: 1005
Re: is Bytecoin a bitcoin clone?
June 11, 2015, 04:23:44 PM
#3
There are two Bytecoins, one is a Bitcoin clone, the other is an entirely different codebase, elliptical curve, difficulty algorithm, etc
Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
cryptworld
Hero Member
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Activity: 714
Merit: 503
Re: is Bytecoin a bitcoin clone?
June 11, 2015, 04:25:42 PM
#4
Altcoins are almost all bitcoin clones based on the bitcoin protocol or bitcoin code
few altcoins are innovatives
Andretti83
Full Member
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Activity: 297
Merit: 112
PRIVATE AND NOT PREMINED: MONERO, AEON, KARBO
Re: is Bytecoin a bitcoin clone?
June 11, 2015, 06:02:56 PM
#5
If you mean bytecoin (bcn) than answer is no. It is not a copy of bitcoin. It is based on cryptonote.
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DECENTRALIZED MEDIUM OF EXCHANGE
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CRYPTONOTE PRIVACY_ ZERO PREMINE_ NO ICO_ LOW TX FEE_
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© PC GUI wallets (GitHub)
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MOBILE wallet Android app with NFC feature
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@ twitter
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celestio
Sr. Member
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Re: is Bytecoin a bitcoin clone?
June 11, 2015, 06:14:51 PM
#6
Bytecoin (BTE) is a 1:1 Bitcoin clone.
Bytecoin (BCN) is an entirely different cryptocurrency with an entirely different codebase(It's "default" is anonymity/privacy, the opposite of Bitcoin's which is transparency/openness)
"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime" - Satoshi Nakamoto, June 17, 2010
tyz
Legendary
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Activity: 3360
Merit: 1533
Re: is Bytecoin a bitcoin clone?
June 11, 2015, 06:34:18 PM
#7
I suggest to visit
http://mapofcoins.com
. There you can see the history of the most altcoins including their roots.
Here
you can see that Bytecoin (BCN) is the root of an own altcoin family. It was developed from scratch.
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