[BTE] The Bytecoin Information Thread

[Walter Rothbard]

I think I should rent my signature out for Bytecoin again!

Yes, I think so - Put (nearly) whatever you like in my signature on bitcointalk for a week, for 10.0 BTE.  PM to make an offer.

Are you talking to yourself? Sorry but that post is Hilarious.

No, I was making an offer (at the time) to anyone who wanted to accept.  Someone did accept; I'll probably do it again.

[1714605483]

1714605483

[Walter Rothbard]

Would be great to get this up and running again as proof of resilience.

It is still going, and I've done some experiments with updating the wallet.  Not ready to release anything yet, but I am currently running an updated daemon.

[noobminer2.0]

hi everyone,

I would like to mine this coin. Can someone help me join a pool and configure my Cointerra 1.6TH miner?

sincerely,

noobminer2.0

[Wekkel]

Would be great to get this up and running again as proof of resilience.

It is still going, and I've done some experiments with updating the wallet.  Not ready to release anything yet, but I am currently running an updated daemon.

Would be great!

[noobminer2.0]

This coin is the only altcoin that makes sense in my opinion from a secure blockchain point of view. I think that Satoshi put alot of thought on the specifics such as, difficulty adjustments, coin total supply, hashing algorithms etc. Changing any of these variable affects the security of the network as a whole. Bytecoin does a perfect job preserving all of satoshis logic into this coin. THAT is why I believe bytecoin BTE is more than a great idea, its a great necessity.

[Walter Rothbard]

hi everyone,

I would like to mine this coin. Can someone help me join a pool and configure my Cointerra 1.6TH miner?

sincerely,

noobminer2.0

The pools usually have a webpage with most or all of the information you need.  Have you mined regular Bitcoin with your Cointerra yet?  If not I'd suggest getting that running first, then switch over.  The easiest pool to get up and running on, in my opinion, is Bitminter.  Once you've figured out how that works, try out the Bytecoin pools.

I have never run a Cointerra or I might be able to offer more assistance.

[Walter Rothbard]

I found a Bytecoin block explorer I didn't know about, but at the moment it seems to be stuck:

https://coinplorer.com/BTE

The coinplorer guys got the explorer unstuck, and it seems to be working great again.  If you haven't checked out the explorer, give it a look - it's pretty slick.

And if you have some Bytecoin, I think it would be great if we all showed the coinplorer guys some love for providing this service, and if we let them know how great Bytecoin is, by sending them some donations.  Their Bytecoin donation address is 8FULQjz4x9PQTdGNo8ZoK1r17tuvXD5HCi

[dbkeys]

Disappointing, but CoinWarz is not monitoring this coin any longer.
Warning: Bytecoin is no longer being monitored as of 9/15/2014.

[cshelswell]

Disappointing, but CoinWarz is not monitoring this coin any longer.
Warning: Bytecoin is no longer being monitored as of 9/15/2014.

It might actually be good to stop the difficulty jumping each time every points the big asics at it.

[BitCoinDerivative]

From the explorer it looks like about 1 block is mined per day. Is that right? Also was there any premine or similar at launch?

[ProfMac]

From the explorer it looks like about 1 block is mined per day. Is that right? Also was there any premine or similar at launch?

Search for Maria 2.0.  It was announced weeks in advance of launch, and there is proof in the genesis block that the launch was clean.

[BitCoinDerivative]

From the explorer it looks like about 1 block is mined per day. Is that right? Also was there any premine or similar at launch?

Search for Maria 2.0.  It was announced weeks in advance of launch, and there is proof in the genesis block that the launch was clean.

From what I can see this looks like a good coin. At this point though my first reaction when I see a good coin is skepticism. I bought a few of them on Cryptsy. Can you explain why only one block per day are mined according to the block explorer?

[ProfMac]

From the explorer it looks like about 1 block is mined per day. Is that right? Also was there any premine or similar at launch?

Search for Maria 2.0.  It was announced weeks in advance of launch, and there is proof in the genesis block that the launch was clean.

From what I can see this looks like a good coin. At this point though my first reaction when I see a good coin is skepticism. I bought a few of them on Cryptsy. Can you explain why only one block per day are mined according to the block explorer?

When the difficulty drops, many hoppers point the ASICs to BTE.  Then, an entire epoch of 2016 are mined in 1 or 2 days, and the difficulty rises high.  The hoppers leave and the steadfasts don't have a lot of hash power.

[BitCoinDerivative]

When the difficulty drops, many hoppers point the ASICs to BTE.  Then, an entire epoch of 2016 are mined in 1 or 2 days, and the difficulty rises high.  The hoppers leave and the steadfasts don't have a lot of hash power.

In other words for transactions the coin is not of much use right now but that would change if the difficulty were stable?

An early fair copy of bitcoin has an obvious appeal if it is a workable coin.

The website needs to be updated a little. Coinex.PW seems to be out of business, likewise some of the other links. BTE looks like the best buy amongst the unpremined coins at https://bitcointalk.org/index.php?topic=134179.0

[ProfMac]

When the difficulty drops, many hoppers point the ASICs to BTE.  Then, an entire epoch of 2016 are mined in 1 or 2 days, and the difficulty rises high.  The hoppers leave and the steadfasts don't have a lot of hash power.

In other words for transactions the coin is not of much use right now but that would change if the difficulty were stable?

An early fair copy of bitcoin has an obvious appeal if it is a workable coin.

The website needs to be updated a little. Coinex.PW seems to be out of business, likewise some of the other links. BTE looks like the best buy amongst the unpremined coins at https://bitcointalk.org/index.php?topic=134179.0

I think that the coin would be good if the block rate were stable.  I think there are some ways to do that even if ASICs are brought online and back off, but I have not coded up an example.

[MarketNeutral]

When the difficulty drops, many hoppers point the ASICs to BTE.  Then, an entire epoch of 2016 are mined in 1 or 2 days, and the difficulty rises high.  The hoppers leave and the steadfasts don't have a lot of hash power.

In other words for transactions the coin is not of much use right now but that would change if the difficulty were stable?

An early fair copy of bitcoin has an obvious appeal if it is a workable coin.

The website needs to be updated a little. Coinex.PW seems to be out of business, likewise some of the other links. BTE looks like the best buy amongst the unpremined coins at https://bitcointalk.org/index.php?topic=134179.0

I think that the coin would be good if the block rate were stable.  I think there are some ways to do that even if ASICs are brought online and back off, but I have not coded up an example.

Could you elaborate? I'm curious what you're thinking.

[ProfMac]

I think that the coin would be good if the block rate were stable.  I think there are some ways to do that even if ASICs are brought online and back off, but I have not coded up an example.

Could you elaborate? I'm curious what you're thinking.

The basic idea is to accept the block with the highest difficulty instead of the block that is first.  Then, to keep accepting blocks for at least an hour since the 6th previous block.  By difficulty, I mean that I am counting the number of leading 0 bits in the hash.  If there are multiple submitted blocks that match the network difficulty, only the most difficult block is distributed out to peers.

At the end of the 2016 block epoch, calculate the difficulty needed to create the blocks with those difficulties, and use that for the new difficulty setting.

This would prevent hoppers from getting a windfall.  I haven't thought all the way through the ways that difficulty is used in the network, and I haven't completely walked through the way a block passes through the reference client moving peer to peer in the network.

This approach artificially raises the difficulty as soon as hoppers jump on board, then drops it back if they leave.

[Mr_GiftCard]

I downloaded the bytecoin executable from the main site. I have it running but it says active connections 0. Any help to get this coin up and running? Is it just downloading the blockchain or something?

[Mr_GiftCard]

My Bytecoin client is now downloading the blockchain. Here is how I resolved the issue.

Step 1:
    On windows 8.1, go to AppData/Roaming/Bytecoin (in the same folder your wallet.dat is located) and create a file named bytecoin.conf

Step 2:
    Inside this file paste the following and save the document.
rpcuser=username
rpcpassword=password
rpcport=9999
addnode=63.170.87.173
addnode=85.25.196.115
addnode=109.228.152.204
addnode=144.76.91.109
addnode=188.138.106.140
addnode=192.99.13.126
addnode=188.165.19.11:6333
addnode=24.172.89.154:6333
addnode=75.156.209.173:6333
addnode=65.19.151.2:6333
addnode=75.133.149.21:6333
addnode=84.240.60.149:6333
addnode=67.184.53.170:6333
addnode=85.17.227.176:6333
addnode=84.200.84.74:6333
addnode=192.241.138.42:6333
server=1
listen=1

Step 3:
    Restart your bytecoin software. Done!
After this it should start downloading the blockchain.


Now I need help mining with a Cointerra miner I have. Can someone help me?

[mrbodz]

I've got bytecoin on my multipool and blocks from weeks ago are still not confirmed. I'm going to hard fork bytecoin and swap out the diff algo. Rather than listening to the non existant supporters who only were only active last time i wanted to fork and are not gone. I'll release it and if the exchanges, and pool's update then the fork will take place.

Any suggestions as to:

a) merged mining or not?
b) what diff algo?
c) Cut subsidy or not?

(The fork will be based off my work on IXC's 0.9.3 client and DGC's 0.9.3 client)

(btw ahmedbodi here )