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Author Topic: [BCN] Bytecoin. Secure, private, untraceable since 2012  (Read 1042165 times)
Ullo
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August 19, 2015, 06:19:39 PM
 #4821

Bytecoin Updates to 1.0.7.1, Enhances Network Stability

Today Bytecoin has been updated to v.1.0.7.1. This release is mainly devoted to enhanced network stability and simplewallet improvements.

There have been several reports on Bytecoin Wallet not being able to sync after the latest release. Today's update resolves any issue that could arise. We urge you to update your daemons and Wallets to the most recent version.

Apart from the mentioned improvements, today's release also defines the internal Fusion Manager interface which will be responsible for fusion transactions. The latter is the special type of zero fee transactions designed for optimizing users wallets. In layman terms, the process will be similar to changing a number of coins into a smaller number of larger banknotes. It will decrease the size of the ordinary transactions, allowing greater flexibility and higher anonymity level.

Fusion transactions are scheduled for release v.1.0.8, which is coming out next week.

Bytecoin BCN core team: https://bytecoin.org/
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mywalk
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August 19, 2015, 11:09:14 PM
 #4822

This fixed my peer problem. Thanks.
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August 20, 2015, 09:39:57 AM
 #4823

Yes very good update thanks a lot dev.
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August 20, 2015, 05:31:35 PM
 #4824

Hello everybody.

I'd like to thank the Bytecoin Team for publishing another article that I wrote by popular demand (thanks for the feedback I got after "The History of Proof Of Work").

The article is called Alternatives for Proof of Work, Part 1: Proof of Stake. I've tried to briefly show how PoS works and highlight some advantages and disadvantages of this algo. Again, this is the first part of the article that discovers alternative algos that underlie cryptocurrencies. I'm currently finishing the second part.

Hope you guys will take a look and tell me what you think about it!

Ray
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August 23, 2015, 06:26:15 AM
 #4825

Bytecoin Updates to 1.0.7.1, Enhances Network Stability

Today Bytecoin has been updated to v.1.0.7.1. This release is mainly devoted to enhanced network stability and simplewallet improvements.

There have been several reports on Bytecoin Wallet not being able to sync after the latest release. Today's update resolves any issue that could arise. We urge you to update your daemons and Wallets to the most recent version.

Apart from the mentioned improvements, today's release also defines the internal Fusion Manager interface which will be responsible for fusion transactions. The latter is the special type of zero fee transactions designed for optimizing users wallets. In layman terms, the process will be similar to changing a number of coins into a smaller number of larger banknotes. It will decrease the size of the ordinary transactions, allowing greater flexibility and higher anonymity level.

Fusion transactions are scheduled for release v.1.0.8, which is coming out next week.

The wallet on the website for download is still v1.0.6.1.   What's up with v1.0.7.1 ?
mywalk
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August 23, 2015, 06:56:10 PM
 #4826

Bytecoin Updates to 1.0.7.1, Enhances Network Stability

Today Bytecoin has been updated to v.1.0.7.1. This release is mainly devoted to enhanced network stability and simplewallet improvements.

There have been several reports on Bytecoin Wallet not being able to sync after the latest release. Today's update resolves any issue that could arise. We urge you to update your daemons and Wallets to the most recent version.

Apart from the mentioned improvements, today's release also defines the internal Fusion Manager interface which will be responsible for fusion transactions. The latter is the special type of zero fee transactions designed for optimizing users wallets. In layman terms, the process will be similar to changing a number of coins into a smaller number of larger banknotes. It will decrease the size of the ordinary transactions, allowing greater flexibility and higher anonymity level.

Fusion transactions are scheduled for release v.1.0.8, which is coming out next week.

The wallet on the website for download is still v1.0.6.1.   What's up with v1.0.7.1 ?
That's the GUI wallet. Reference client, without GUI, is 1.0.7.1.
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August 25, 2015, 11:29:41 PM
 #4827

Ive been out for awhile I predicted that bytecoin would rise and rise it did
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August 26, 2015, 06:40:52 AM
 #4828

Is this a scamcoin?
trusted exchange for this one? since I deposited some BNC to Hitbtc and wasnt credit to my balance. also a friend tried to deposit and got the same problem.
Deposits in Poloniex are disabled and the other exchange on this post dosnt have volume.

Thanks in advance!
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August 26, 2015, 06:51:40 AM
 #4829

Is this a scamcoin?

Yeah, but they'll definitely pump out code for you. These people would literally work for the dick in their mouth.
trusted exchange for this one?

Poloniex. They're beautiful people.

since I deposited some BNC to Hitbtc and wasnt credit to my balance. also a friend tried to deposit and got the same problem.
I can tell you where your first mistake is ... but I'm pretty sure you already know Grin
Deposits in Poloniex are disabled and the other exchange on this post dosnt have volume.
This is news to me, usually PLX is nothing but prompt and well up to the task as far as decent-volume markets go. I'm sure they'll get in order soon enough. Maybe, in the meantime, you'd be better off starting an OTC thread/market?

Thanks in advance!

Any fucken time, bro.

Wind picked up: F4BC1F4BC0A2A1C4

banditryandloot goin2mars kbm keyboard-mash theusualstuff

probably a few more that don't matter for much.
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August 26, 2015, 09:06:18 AM
 #4830

Is this a scamcoin?
trusted exchange for this one? since I deposited some BNC to Hitbtc and wasnt credit to my balance. also a friend tried to deposit and got the same problem.
Deposits in Poloniex are disabled and the other exchange on this post dosnt have volume.

Thanks in advance!

HitBTC and Poloniex are both okay to manage BCN, you can use them.

Did you use Bytecoin Wallet to send your money to exchanges or did you only use the exchanges?

If you only used the exchanges, then you better write to their support.

If you used Bytecoin software, you can send an email to contact@bytecoin.org, or ask your questions on the bytecoin forum http://bytecointalk.org/

 

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August 26, 2015, 09:40:49 AM
 #4831

trusted exchange for this one? since I deposited some BNC to Hitbtc and wasnt credit to my balance. also a friend tried to deposit and got the same problem.
Deposits in Poloniex are disabled and the other exchange on this post dosnt have volume.

There were problems yesterday with my deposits on HitBTC too. However, as of now all Bytecoin deposits I've sent to HitBTC are now credited to my account. I'm not sure why Poloniex deposits are disabled.
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August 26, 2015, 09:58:55 AM
 #4832

trusted exchange for this one? since I deposited some BNC to Hitbtc and wasnt credit to my balance. also a friend tried to deposit and got the same problem.
Deposits in Poloniex are disabled and the other exchange on this post dosnt have volume.

There were problems yesterday with my deposits on HitBTC too. However, as of now all Bytecoin deposits I've sent to HitBTC are now credited to my account. I'm not sure why Poloniex deposits are disabled.

Right.

Good thing Rias-who-deposits-to-hitbtc-every-day is here to clear things up. Otherwise we'd all be scammed.

Wind picked up: F4BC1F4BC0A2A1C4

banditryandloot goin2mars kbm keyboard-mash theusualstuff

probably a few more that don't matter for much.
zezeto
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August 26, 2015, 10:59:20 AM
 #4833

since I deposited some BNC to Hitbtc and wasnt credit to my balance. also a friend tried to deposit and got the same problem.
I can tell you where your first mistake is ... but I'm pretty sure you already know Grin

Well I was thinking it was about Payment ID but it was ok, so I dosnt know if I need generate a new payment ID for each deposit.

Did you use Bytecoin Wallet to send your money to exchanges or did you only use the exchanges?
If you only used the exchanges, then you better write to their support.

I withdraw directly from the pool to the exchange address (wasnt my first withdrawal, the first was credited correctly)
Already contacted pool/exchange support
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August 26, 2015, 11:56:51 PM
Last edit: August 28, 2015, 05:23:44 AM by babybonobo
 #4834

I asked Polo what was up with Bytecoin and they said they are performing "maintenance" and there is no ETA.

EDIT: Polo is back to normal again and accepting Bytecoin deposits
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August 28, 2015, 12:06:29 PM
 #4835

We're pleased to announce that Bytecoin 1.0.8 has been released.
We are looking for beta testers of new Bytecoin Wallet. Contact us through our website or contact@bytecoin.org to learn more.

New Bytecoin Release 1.0.8 introduces fusion transactions and wallet outputs optimization

On August 27, we have updated Bytecoin to version 1.0.8. This version includes update of Bytecoin Wallet that enables Fusion Transactions that were announced previously. What's more, the updated Reference Client features a number of optimizations and improvements based on your feedback.

Fusion Transactions provide users with possibility to automatically optimize their accounts. The optimization process runs in background, and it is easy to launch by ticking a single box in the settings.



This optimization will be useful for those users whose Bytecoins are split in multiple small outputs. Such situation might occur if, for example, one receives large numbers of tips to the account or uses pool, which transfers money to the user in multiple small payments (e.g. earlier versions of open source CryptoNote pools). Besides increasing convenience, such optimization will also improve the privacy level of the wallet owner.

Technically, optimization is a fee-free money transaction to yourself such that the number of outputs becomes less while the outputs themselves grow larger. Such a transactions is called Fusion Transaction. If optimization process is on, the wallet will automatically select the outputs that should be fused.

At the moment, only closed beta version of the latest Bytecoin Wallet is available. If you want to participate in account optimization testing, we can provide you with Wallet with Fusion Transaction enabled. To obtain the wallet please contact us, and we will send You the link for download.

In addition to new type of transactions, this update contains other improvements:
1) Instant transactions notification is now available for Wallets connected to remote daemons
2) Reset feature for Bytecoin Wallet to resync your wallet data from the blockchain
3) IWallet High-Level API has been significantly updated
4) JSON RPC interface improvements for Bytecoin Reference Client and RPC Wallet
5) The sync process of Bytecoin Wallet on OS X has been improved.

The latest Bytecoin Reference Client and RPC Wallet version can be found on our website. To obtain beta version of Bytecoin Wallet, please contact us.


Bytecoin BCN core team: https://bytecoin.org/
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August 31, 2015, 02:15:41 PM
 #4836

We will start accepting donations for CryptoNight FPGA mining from cryptonote community. ( BCN, XMR, AEON, ONEEVILCOIN, REDWIND, TAVOS, INFINIUM8) - cryptonight

I spoke earlier to a fpga coder who is willing to do , so all we need is your support, no matter which cryptonote coin you support, all kinds of donations will be accepted and hold by the respective coin related member ( trusted person ).

All we are asking from the coder is the hashrate/ price of the fpga is equal or better than the gpu's / cpu's.


If you feel you are somehow associated with one of the above stated coins feel free to contact me.


Donation addresses will appear when we have trusted members.


Feel free to express your opinion on this matter.



https://bitcointalk.org/index.php?topic=1166929.0
Ullo
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September 04, 2015, 03:43:10 PM
 #4837

Quote
Aggregate Addresses in CryptoNote: Towards Efficient Privacy (Whitepaper)


Aggregate addresses (or multi-addresses) is the new scheme for efficient bulk processing of CryptoNote transactions. It was introduced in Bytecoin 1.0.6 to improve experience of e-commerce services that accept Bytecoin and other CryptoNote currencies.

Today Bytecoin Team has released the whitepaper that defines the aggregate addresses scheme: "Aggregate Addresses in CryptoNote: Towards Efficient Privacy". It is available in the new section of the website devoted to Bytecoin and CryptoNote technical documentation.

To make a brief recap, CryptoNote protects sender's privacy with ring signatures (allowing a sender to sign the transaction on behalf of a group of potential senders), while recipient's privacy is ensured with one-time keys. Unlike in Bitcoin, a public address of a Bytecoin user has no link to the data contained in the blockchain. When sending a transaction, the sender creates one-time keys for each output using recipient's public key and random data. Thus, the only option for the recipient to claim the funds is to check each output in the blockchain with his private keys.

In case of user-to-user transaction, this approach is suitable. However, it poses an obstacle for enterprise operations. If a service, such as a payment processor or an exchange, receives payments from a number of users, it is non-feasible to verify each transactions output against each user's address. It would require exponentially increasing resources.

The original solution to this issue is payment ID enclosed with each transaction, which is sent to one public address. It is the unique identifier that helps a server to distinguish payments of various customers. However, such an approach is not convenient for the clients (what if you forgot to provide your payment ID?). Moreover, payment ID is stored non-encrypted in the blockchain, making deposit transactions potentially linkable.

Aggregate addresses is the solution introduced by Bytecoin Team in order to resolve this inefficiency. It allows the server to create a new deposit address for each customer. The solution lies within CryptoNote protocol design, which utilizes two private keys for a user's address. It is possible to share one key between all addresses and save time on repeating calculations with the same data when receiving a payment.



There is also another trick that reduces the load on the server allowing it to process a number of Bytecoin addresses simultaneously, namely a hash table of public keys. In the "Aggregate Addresses in CryptoNote: Towards Efficient Privacy" whitepaper we describe the issue in details as well as the naive and aggregate addresses approaches. Please refer to the paper for more information.

Aggregate addresses is the solution that significantly improves Bytecoin transaction processing for services. This scheme is useful for all CryptoNote currencies as it drastically upgrades user experience and effectively depreciates Payment ID. Aggregate addresses are currently available in Bytecoin RPC Wallet.

Today we would like to present this whitepaper for peer review and are looking forward to your feedback.

Bytecoin BCN core team: https://bytecoin.org/
Ullo
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September 04, 2015, 06:37:47 PM
 #4838

Bytecoin has been updated to version 1.0.8.1 featuring various IWallet API improvements. Moreover, Bytecoin Wallet is out of closed beta with the new 1.0.7.1 version available in the downloads section.

Wallet optimization and fusion transactions are now available to everyone with the newest Bytecoin Wallet release. We would like to thank everyone who took part in closed beta testing this week. Your feedback was a valuable contribution for this wallet version to get released.

Wallet optimization is used to fuse tiny outputs into a smaller number of larger outputs with special fusion transactions. It allows to achieve higher flexibility when sending large Bytecoin sums and standardizes wallet's outputs. Wallet optimization is run in background and is available in Settings menu. Since fusion transactions do not require fee, we highly recommend to have optimization switched on all the time.

Bytecoin BCN core team: https://bytecoin.org/
smoothie
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September 05, 2015, 08:07:34 AM
 #4839

since no one else posted it in here so far. article covers the bytecoin/cointelgraph connection in a couple of paragraphs.

have fun reading  Cool

https://medium.com/@iandemartino/more-on-cointelegraph-by-a-former-writer-b4e1058b37ca
That's one hell of an article.. Could anyone do a TL;DR?

shortest tl;dr: bytecoin and cointelegraph are conspiring on various levels, are shady as fuck and can't be trusted.

This part was funny... lol

Look at how hard they were trying to sell the fact that BCN was around in 2012.

I was around in 2012 on the crypto scene and Bytecoin was no where to be found. If it existed it was only accessible to very few individuals and was not publicly announced to all prior to launch (like any and every fair launched coin).


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September 05, 2015, 10:46:34 AM
 #4840

This part was funny... lol

Look at how hard they were trying to sell the fact that BCN was around in 2012.

I was around in 2012 on the crypto scene and Bytecoin was no where to be found. If it existed it was only accessible to very few individuals and was not publicly announced to all prior to launch (like any and every fair launched coin).
Seeing the "fast" advancement of Monero within the year and a half of existence, the probability of Bytecoin being launched in 2012 is not small at all.

No one here says Bytecoin was launched publicly.

For me "fair launched coins" are extremely stupid in the current situation, almost fully controlled by speculators, who add no value to the product itself. Should the inventors invest millions of dollars just to be part of their own project?
I prefer the developers have enough money to get the development going. It is my personal choice and I think all who stick around this thread share this view. If you prefer "fair launched coins" go to XMR/XDN/BBR/DSH. The choice is so simple.

Also, it is very likely Bytecoins devs' vision is not 'one will rule them all' as opposed to Monero devs' vision. 'One will rule them all' is just a way to enslave users.
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