ByteCoin

[Jaxkr]

They're "different".  Also, easier to mine. I personally don't see the point, unless you're the guy who invents it, and secures the first million coins or so for yourself.

It's just greedy versions of Satoshi who don't actually invent anything.

[kderaymond]

They're "different".  Also, easier to mine. I personally don't see the point, unless you're the guy who invents it, and secures the first million coins or so for yourself.

It's just greedy versions of Satoshi who don't actually invent anything.

I would agree with this as it relates to most alt coins, but some definitely have their uses. Alt coins will rise and fall, the market will decide what's useful and what's not.

[DaisyPusher]

I agree that too many alt coins too fast will just cause the market to fail.  Plus, all it does is add confusion for the buyers/sellers in the long run. 

[reynoles]

i didnt heard about it, more info?

[Anon136]

i didnt heard about it, more info?

bytecoin is nothing more than an alternative blockchain that we are keeping on the back burner incase the first blockchain runs into scalability problems.

[plectrum]

bytecoin is nothing more than an alternative blockchain that we are keeping on the back burner incase the first blockchain runs into scalability problems.

What?  How would Bytecoin fix any scalability issues?  If there are altcoin that have technical merit, then I am all for that kind of differentiation - although Bitcoin can still evolve to include such change if it is supported by the majority - but altcoin just for the sake of an alternative (or for late coming miners) is irksome.

[Anon136]

bytecoin is nothing more than an alternative blockchain that we are keeping on the back burner incase the first blockchain runs into scalability problems.

What?  How would Bytecoin fix any scalability issues?  If there are altcoin that have technical merit, then I am all for that kind of differentiation - although Bitcoin can still evolve to include such change if it is supported by the majority - but altcoin just for the sake of an alternative (or for late coming miners) is irksome.

For me its not about an alternative for late coming miners, though i suspect that was the motive of the person who created it.

Well yea if someone invents a crypto that outright solves the scalability problem than that would be ideal and it would instantly send the value of bytecoin to 0. But if it so happens that no such innovation presents its self than having an alternative blockchain to absorb the capital that cant fit in the original block-chain may prove useful.