[BCN] Bytecoin. Secure, private, untraceable since 2012

[owlcatz]

I have read tons of rage against this coin from Monero community(that accuse of scam every other coin to be honest), but still is unclear why someone claim scam. How can tell this? the fact was announced here years after the launch doesn't mean that was unfairly premined by developer, in addition with few USD you can buy more bytecoin than whatever other "promoted coin" you can hope to mine...
With just 1 USD I have bought more Bytecoin than what XMR or Ethereum i could earn in ten years of mining(and note that I'm follow these altcoins from a long time but unfortunately no way to mine much of them with home pc)... where is the unfair distribution of monetary base?? To me is way more unfair that few big corporate miners insta-pump the value and with tons of computational power provided from bot net and server farms get the control of most of the monetary base since the start and all the others have to pick up the little crumbs or pay a lot of "classic money" to get a hilarious percent of total theoretical monetary base.

I'm not even going to try and answer any or all of that, however, you can start here and draw your own conclusions, much like all of us have long ago (And no, I am not a BCN holder, ever).

Thanks

Edit- BCN and XMR were and are distributed very differently, so it's like comparing rabbit shit to coffee beans IMO

I have already read the linked thread but doesn't proof unfairness of Bytecoin distribution and seems more than a coincidence that every time someone accuse Bytecoin of scam put always Monero name. Seems some promotional strategy to stole Bytecoin technology and grab success at expense of this coin.

The fact are the follow:
- We don't know who is Amin Juarez other developer and who hell own the many mined BCN,
- we don't know in the same way who hell own the most Monero too
- we know the name of who has forked bytecoin to create Monero, but this is a pretty useless information to determine the fairness of distribution
- currently most Bytecoin are already mined
- at this time Monero total supply is still far lower mined.

No doubt would be useful know how distributed is the monetary supply but the fact is that we don't know this for none of these coins, premine and avoid premining but get the control of the mined coin with large amount of computational power far greater that the daily transaction needs for verification can both cause unfair distribution centralizing the supply in different ways but with same result and risks. So in terms of "fairness of distribution" could be equally both fair or both scam.
But grab an y% of the monetary supply for everyone of us is order of magnitude easier for Bytecoin than Monero, and both have the same supply limit.

So there is no rational reason to consider BCN unfair an XMR fair, I see only unfair accusation from people that have copy-pasted most of the code with a better promotional campaign to the people that bring us some new technology improvement to cryptocurrency world and this to me is sadly unfair.

What is unfair again?

The fact are the follow:
- We don't know who is Amin Juarez other developer and who hell own the many mined BCN,
- we don't know in the same way who hell own the most Monero too
- we know the name of who has forked bytecoin to create Monero, but this is a pretty useless information to determine the fairness of distribution
- currently most Bytecoin are already mined
- at this time Monero total supply is still far lower mined.

sounds spot on, you nailed it. Who cares who amin juarez, famous bytecoin scammer? Coin was massive premine - lied about distribution.

Monero is fair, 100%. no premine, devs may have mined it upfront but good for them, that is their option.

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[AndreaF]

You have ignored my points and continue to promote Monero.

No doubt would be useful know how distributed is the monetary supply but the fact is that we don't know this for none of these coins, premine and avoid premining but get the control of the mined coin with large amount of computational power far greater that the daily transaction needs for verification can both cause unfair distribution centralizing the supply in different ways but with same result and risks. So in terms of "fairness of distribution" could be equally both fair or both scam.
But grab an y% of the monetary supply for everyone of us is order of magnitude easier for Bytecoin than Monero, and both have the same supply limit.

How much Monero you own? Have you mined or bought them? I can tell you I have mined Monero for long time and no way to get a not laughable amount of coin total supply with a powerful home PC, and can get 100000 BCN with a couple of $, for the same amount of Monero that has the same max supply of 184.46 billion coins since the start of the XMR announcement I always needed why more money to get less coin... so why you continue to claim Monero has more fair distribution? More fair for WHO exactly??? For big boys with powerful server farm that can crush all others home miners?? Certainly not for the most of the users.

[owlcatz]

You have ignored my points and continue to promote Monero.

No doubt would be useful know how distributed is the monetary supply but the fact is that we don't know this for none of these coins, premine and avoid premining but get the control of the mined coin with large amount of computational power far greater that the daily transaction needs for verification can both cause unfair distribution centralizing the supply in different ways but with same result and risks. So in terms of "fairness of distribution" could be equally both fair or both scam.
But grab an y% of the monetary supply for everyone of us is order of magnitude easier for Bytecoin than Monero, and both have the same supply limit.

How much Monero you own? Have you mined or bought them? I can tell you I have mined Monero for long time and no way to get a not laughable amount of coin total supply with a powerful home PC, and can get 100000 BCN with a couple of $, for the same amount of Monero that has the same max supply of 184.46 billion coins since the start of the XMR announcement I always needed why more money to get less coin... so why you continue to claim Monero has more fair distribution? More fair for WHO exactly??? For big boys with powerful server farm that can crush all others home miners?? Certainly not for the most of the users.

LOL. I'm not even going to entertain you with facts and reason. It's late here, and you clearly have a lot of butthurt about monero. Sorry for your BCN scam loss is all I can say, I'm done here. You don't get it apparently.

[smooth]

Monero that has the same max supply of 184.46 billion coins since the start of the XMR announcement I always needed why more

Monero does not have the same max supply of 184.46 billion coins, it has 18.446 million, 10000x smaller (plus tail reward)

[starmman]

I've been mining and trading BCN for around 6 months, and am making strong consistent profits. To me it seems like a good coin. If the coin is a scam, the scammer is being very covert and not impacting in a massive way.

[AndreaF]

You have ignored my points and continue to promote Monero.

No doubt would be useful know how distributed is the monetary supply but the fact is that we don't know this for none of these coins, premine and avoid premining but get the control of the mined coin with large amount of computational power far greater that the daily transaction needs for verification can both cause unfair distribution centralizing the supply in different ways but with same result and risks. So in terms of "fairness of distribution" could be equally both fair or both scam.
But grab an y% of the monetary supply for everyone of us is order of magnitude easier for Bytecoin than Monero, and both have the same supply limit.

How much Monero you own? Have you mined or bought them? I can tell you I have mined Monero for long time and no way to get a not laughable amount of coin total supply with a powerful home PC, and can get 100000 BCN with a couple of $, for the same amount of Monero that has the same max supply of 184.46 billion coins since the start of the XMR announcement I always needed why more money to get less coin... so why you continue to claim Monero has more fair distribution? More fair for WHO exactly??? For big boys with powerful server farm that can crush all others home miners?? Certainly not for the most of the users.

LOL. I'm not even going to entertain you with facts and reason. It's late here, and you clearly have a lot of butthurt about monero. Sorry for your BCN scam loss is all I can say, I'm done here. You don't get it apparently.

I own a many different coins and I haven't loss anything with BCN, its value is very stable despite all the FUD of competitor coins and poor promotion, simply I don't like when someone shitstorm others coins with the only purpose to promote its own coins.  Simply you cannot giving any rational reason to justify your claim when someone go deeper about the "facts" and "reasons" supposedly to proof how bad is BCN and how good is XMR. The only bad thing with BCN is the poor promotion campaign compared to Monero.

[starmman]

The fact are the follow:
- We don't know who is Amin Juarez other developer and who hell own the many mined BCN,
...

Not the originators any more. They did a very fair distribution, by dropping the price down to only 2 Sat for every Bytecoin. Some billion of the Bytecoins changed the owner, and some of them are belonging to me now.

IMO the coin has been around for a while and pretty reliable (but not stable - however tends to operate in ranges based on BTC value) I would have expected to see some major dumps a while ago when the price was much higher if a 'scammer' dev still held onto much of the coin. Until now BCN has been once of my better investments, and I also hold XMR, but I'm just as happy with BCN.

[kneim]

The fact are the follow:
- We don't know who is Amin Juarez other developer and who hell own the many mined BCN,
...

Not the originators any more. They did a very fair distribution, by dropping the price down to only 2 Sat for every Bytecoin. Some billion of the Bytecoins changed the owner, and some of them are belonging to me now.

IMO the coin has been around for a while and pretty reliable (but not stable - however tends to operate in ranges based on BTC value) I would have expected to see some major dumps a while ago when the price was much higher if a 'scammer' dev still held onto much of the coin. Until now BCN has been once of my better investments, and I also hold XMR, but I'm just as happy with BCN.

I deleted my post, it was nonsense. There are much more BCN on earth I supposed.

[Coins-R-Us]

Still waiting for an upgraded GUI wallet...

Either that, or a client that will find seed peers.
Can't get that wallet to work.
Do i need to add a configuration file?

[starmman]

Still waiting for an upgraded GUI wallet...

Either that, or a client that will find seed peers.
Can't get that wallet to work.
Do i need to add a configuration file?

Does anybody have an active node list (or at least a link to an active nodelist), I'm sure that will help. Looks like the OP is no longer around - so likely the nodes in the client are not either.

[smooth]

Still waiting for an upgraded GUI wallet...

Either that, or a client that will find seed peers.
Can't get that wallet to work.
Do i need to add a configuration file?

Does anybody have an active node list (or at least a link to an active nodelist), I'm sure that will help. Looks like the OP is no longer around - so likely the nodes in the client are not either.

I would suggest trying minergate support. They can possibly point you to a working node.

[megacrypto]

trying my own node, got bytecoind running with following conf file:

log-level=3
no-console=no
rpc-bind-ip=127.0.0.1
rpc-bind-port=8081
p2p-bind-ip=0.0.0.0
p2p-bind-port=8080
p2p-external-port=9000
allow-local-ip=yes
hide-my-port=no

starts ok and sync is complete

but when i try mining through simplewallet, u get the following on the daemon :

2016-Sep-20 23:54:06.086209 DEBUG   Incoming connection from 127.0.0.1:54330

and that in the wallet:

2016-Sep-20 23:55:50.175917 ERROR   Error: Failed to invoke rpc method: HTTP status: 1

and i try someting like cpuminer:

Code:

 ./minerd -a cryptonight -o stratum+tcp://127.0.0.1:8081 -u 27mwG2E1iarAgGP7MNQNtqDvocQkn5bzoi7fEc7QYgk8insrBGcMU4ZV3kGc71cpd4NhQ1NWAKyBk3fFC817NgFFSZdjsdj -p x

i get the following:

[2016-09-20 23:56:43] Using JSON-RPC 2.0
[2016-09-20 23:56:43] Starting Stratum on stratum+tcp://127.0.0.1:8081
[2016-09-20 23:56:43] 3 miner threads started, using 'cryptonight' algorithm.

and then it cuts off

any help would be appreciated

[madmario]

Is this BCN dead ?
No news , no roadmap nothing...
 ???Tnx

[starmman]

Is this BCN dead ?
No news , no roadmap nothing...
 ???Tnx

I would say that BCN is mature rather than dead. BCN seems like a worthwhile investment to me. Not sure if it needs much more bling adding to it.

[Arvydas77]

Could someone, please give me a link to download Bytecoin blockchain?

[LiveCoin]

Hello.
We'd like to list BCN at our Exchange, but we can't get node synchronized, because of lacking peers. Actually it has 0 peers. Could anyone help us with this technical issue?

[tolikkk]

Hello.
We'd like to list BCN at our Exchange, but we can't get node synchronized, because of lacking peers. Actually it has 0 peers. Could anyone help us with this technical issue?

may be this file will help , the location is \Rouming\Bytecoin
http://my-files.ru/zmdwx6

[Lafu]

Hello.
We'd like to list BCN at our Exchange, but we can't get node synchronized, because of lacking peers. Actually it has 0 peers. Could anyone help us with this technical issue?

Wait i look some one can help !!!

[slb]

I am raising funds for creating the first BCN web wallet. Original topic is here:
https://bytecointalk.org/showthread.php?tid=575&pid=2652

[owlcatz]

Isn't this coin basically dead? Where is Rias with updates like usual?