emontmon
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April 25, 2014, 05:54:54 PM |
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My point if you had to choose, it wouled be bytecoin. However I am mining both. But reviewing threads for monero and, bytecoin you will find similar arguments. New coins are being developed for many reasons including perceived unfairness. I too had difficulty with bitmonero at first. I mine both but lean towards bytecoin who ever holds more bytecoin maybe relevant or irrelevant. Depends on the nature of the substrate I would think. If treated as a commodity than yes. Else if treated as a currency perhapse not. Bill Gates has more money than I do but he does not directly influence me. the value of my dollar is Indenpedent of his wealth. My dollar can buy more in Texas than in California and independent of bill Gates or oprah. This is because it is a currency foremost. I am not an economist or expert in Computers. Perhaps I have made clear my ignorance. I guess, my final point is that I did not imply that monero has no future or no value. Sorry if that's what came across.
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tacotime
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April 25, 2014, 05:56:26 PM |
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Unlike tenebrix/fairbrix the coin subsidy per block decreases over time too, and also so far monero hasn't been plagued with terrible bugs like tenebrix was (because tenebrix was built on the mostly broken multicoin). Never heard of multicoin before and mapofcoins.com seems not to have neither. https://github.com/sacarlson/MultiCoinIt was an old, rather buggy client based on bitcoin-qt
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XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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tacotime
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April 25, 2014, 05:57:23 PM |
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Thanks TFT. Haven't heard from you in a while, hope everything is okay.
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XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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thankful_for_today
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April 25, 2014, 06:00:56 PM |
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Thanks TFT. Haven't heard from you in a while, hope everything is okay. Hopfully I'm alive. Can you please summarize ideas about ideal emission curve?
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tacotime
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April 25, 2014, 06:01:47 PM |
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Thanks TFT. Haven't heard from you in a while, hope everything is okay. Hopfully I'm alive. Can you please summarize ideas about ideal emission curve? Will pm
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XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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lemier
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April 25, 2014, 06:59:07 PM |
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MacOS version was announced to be coming by the devs, but it took them too long... So I spent a couple of nights playing around and I think I've managed to make Bytecoin compile under OSX. I've made the pull request, let's hope it will be accepted. https://github.com/amjuarez/bytecoin/pull/5
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Denni
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April 25, 2014, 07:26:18 PM |
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MacOS version was announced to be coming by the devs, but it took them too long... So I spent a couple of nights playing around and I think I've managed to make Bytecoin compile under OSX. I've made the pull request, let's hope it will be accepted. https://github.com/amjuarez/bytecoin/pull/5That's nice! Will hope for the best
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Cheesus
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terra-credit.com
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April 25, 2014, 07:36:29 PM |
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There are new versions of the logo! 3![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.stari.ftn.uns.ac.rs%2F_work%2Fbyte.png&t=665&c=sJjg84exYqxpaQ) This is still working in progress, have some ideas and i will apply it in next one. Good luck to all participant. This one is really REALLY good. Tho I can't actually think of this pictures as logos - they are huge! Please shrink it down a little and provide both versions. Gigantic logos are just scary ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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knightcoin
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Stand on the shoulders of giants
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April 25, 2014, 07:41:39 PM |
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There are new versions of the logo! 3![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.stari.ftn.uns.ac.rs%2F_work%2Fbyte.png&t=665&c=sJjg84exYqxpaQ) This is still working in progress, have some ideas and i will apply it in next one. Good luck to all participant. This one is really REALLY good. Tho I can't actually think of this pictures as logos - they are huge! Please shrink it down a little and provide both versions. Gigantic logos are just scary ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I like that one too ... the font type reminds me "byte" magazine ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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tacotime
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April 25, 2014, 07:54:17 PM |
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MacOS version was announced to be coming by the devs, but it took them too long... So I spent a couple of nights playing around and I think I've managed to make Bytecoin compile under OSX. I've made the pull request, let's hope it will be accepted. https://github.com/amjuarez/bytecoin/pull/5Cool, thanks. I'll hunt someone down with MacOS or install lion and try to make monero binaries and merge these changes into a fork when I get a chance.
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XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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matej krkic
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April 25, 2014, 08:25:34 PM |
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Guys! I have a serious question for discussion! Our giveaway fund is short of BCN. We received our first BCN by giveaway and I think that help our fund is right. Today I donated 77,000 BCN in our giveaway fund. 10 or 100 or 1,000 or 10,000 or 100,000 BCN will be accepted thankfully!Let's donate!![](https://ip.bitcointalk.org/?u=http%3A%2F%2F25.media.tumblr.com%2F9f2bcad1095c11825d7ace3d53a68cd2%2Ftumblr_mi69m76pkl1rzmo0qo1_500.gif&t=665&c=b4RpXnOOcQCGCA) +100 000 BCN for giveaway =)
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smooth
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April 25, 2014, 10:03:18 PM |
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I don't think it is fair to say bytecoin was ninja mined for 2 tyears. It was most like announced on the deep web. I don't think a third world country can say bitcoin was ninja mined just because they were not aware of it.
If you can demonstrate that actually happened, that might make a difference to perception. So far all we have a web site that appeared a few months ago and the claim that it has existed for two years. For all we know someone with a botnet mined all those blocks in a day and put fake dates on them. It would be a very clever and possibly effective way to premine 80% of a coin if you ask me. Like a ninja. Talk is cheap. Show evidence.
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smooth
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April 25, 2014, 10:08:15 PM |
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who ever holds more bytecoin maybe relevant or irrelevant. Depends on the nature of the substrate I would think.
We have no idea what the substrate is, if there even is one. With regard to the bytecoin development community, so far I've seen one fix from monero get pulled back to bytecoin, and little if anything going in the other direction. If there are stores, exchanges, etc. for bytecoin, then let's hear about that. Failing that, there is no substrate. It is all a mirage. But like you I am mining both and taking a wait and see attitude. I think monero has just a whole lot more legitimacy and transparency at this point, and that counts for a lot. Just the fake cicada 3301 references are enough to convince me there is an element of scam to bytecoin, but those could possibly done by someone with no real connection, so we can't be sure. It smells bad though.
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smooth
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April 25, 2014, 10:09:24 PM |
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+100 000 BCN for giveaway =)
I donated as well. BCN giveaway fund should be pretty healthy now
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Johnny Mnemonic
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April 25, 2014, 11:15:45 PM |
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who ever holds more bytecoin maybe relevant or irrelevant. Depends on the nature of the substrate I would think.
We have no idea what the substrate is, if there even is one. With regard to the bytecoin development community, so far I've seen one fix from monero get pulled back to bytecoin, and little if anything going in the other direction. If there are stores, exchanges, etc. for bytecoin, then let's hear about that. Failing that, there is no substrate. It is all a mirage. But like you I am mining both and taking a wait and see attitude. I think monero has just a whole lot more legitimacy and transparency at this point, and that counts for a lot. Just the fake cicada 3301 references are enough to convince me there is an element of scam to bytecoin, but those could possibly done by someone with no real connection, so we can't be sure. It smells bad though. If bytecoin is a scam, then it's a damn elaborate (and frankly, elegant) one. More likely BCN is a very distributed network that "smells bad" not because of suspicious "premine" activity, but because of the nature of its usage. The developers know that an anonymous currency such as BCN must first succeed in the markets where it is necessary. That is why they are so secretive. They do not want to be linked to the abhorrently evil shit that BCN is used for on the deep web (and you know exactly what I'm taking about).
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smooth
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April 25, 2014, 11:25:55 PM |
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abhorrently evil shit that BCN is used for on the deep web (and you know exactly what I'm taking about).
I frankly doubt that its used for much of anything (yet). No exchanges, no real "outside" buyers, etc. BTC worked/works for SR, etc. because you could take those BTCs that you sold your "stuff" for and use them for other things, and because people wanting to buy that "stuff" could buy BTC to use. The idea that BCN is being used for some large evil economy defies logic. I do agree that the developers might have what you said in mind when they (maybe) started two years ago, but it would have required BCN to succeed widely in addition to all that evil stuff. The evil stuff can't support an economy on its own. It didn't happen though, all that happened is a premine.
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Johnny Mnemonic
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April 26, 2014, 12:04:26 AM Last edit: April 26, 2014, 12:20:46 AM by Johnny Mnemonic |
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abhorrently evil shit that BCN is used for on the deep web (and you know exactly what I'm taking about).
I frankly doubt that its used for much of anything (yet). Are you going to investigate these marketplaces to see which ones accept BCN for payment? I sure as hell won't. The idea that BCN is being used for some large evil economy defies logic.
Smooth, I can tell you're an intelligent individual capable of critical thinking, so try not to preposterize what I'm saying. Trade on the deep web is almost entirely illegal. Of course illegal and evil are not the same thing, but quite a bit of deep web trade is evil, by most people's definition. Which sounds more logical to you? 1. Write an entirely new cryptocurrency from scratch, incorporating an unknown (at the time) but rather brilliant cryptographic technology to secure privacy, all for the purpose of pre-mining the coin for 2 years. 2. Knowing that your product will fill a much needed demand in a very questionable market and choosing to remain anonymous and not promote it until the network is very secure. To me the latter sounds much more plausible, considering I can think of about a thousand easier ways to create a scam. No exchanges, no real "outside" buyers, etc. BTC worked/works for SR, etc. because you could take those BTCs that you sold your "stuff" for and use them for other things, and because people wanting to buy that "stuff" could buy BTC to use.
Keep in mind the earliest BTC exchanges weren't much different from the spreadsheet exchange exchange we use here on bitcointalk. The idea that a coin needs to be traded around on cryptsy before it can be used as a currency is ridiculous. A coin's minability is exactly what decentralizes it and protects it from outside regulation. EDIT: Speaking of the spreadsheet, you've made numerous BCN sales to people (myself included). We assume that you mined your BCN, but nobody really knows how you're acquiring it. Additionally, nobody knows what I did with the BCN I bought from you. The mere fact that we are trading it for valuable currency means that it does have value, and other folks can easily be doing the same thing.
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33zer0w0lf
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April 26, 2014, 12:31:42 AM |
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who ever holds more bytecoin maybe relevant or irrelevant. Depends on the nature of the substrate I would think.
We have no idea what the substrate is, if there even is one. With regard to the bytecoin development community, so far I've seen one fix from monero get pulled back to bytecoin, and little if anything going in the other direction. If there are stores, exchanges, etc. for bytecoin, then let's hear about that. Failing that, there is no substrate. It is all a mirage. But like you I am mining both and taking a wait and see attitude. I think monero has just a whole lot more legitimacy and transparency at this point, and that counts for a lot. Just the fake cicada 3301 references are enough to convince me there is an element of scam to bytecoin, but those could possibly done by someone with no real connection, so we can't be sure. It smells bad though. If bytecoin is a scam, then it's a damn elaborate (and frankly, elegant) one. More likely BCN is a very distributed network that "smells bad" not because of suspicious "premine" activity, but because of the nature of its usage. The developers know that an anonymous currency such as BCN must first succeed in the markets where it is necessary. That is why they are so secretive. They do not want to be linked to the abhorrently evil shit that BCN is used for on the deep web (and you know exactly what I'm taking about). I don't know "exactly what you are talking about." so please, explain, what "evil" things are talking about???
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Djinou94
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April 26, 2014, 12:44:39 AM |
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Guys! I have a serious question for discussion! Our giveaway fund is short of BCN. We received our first BCN by giveaway and I think that help our fund is right. Today I donated 77,000 BCN in our giveaway fund. 10 or 100 or 1,000 or 10,000 or 100,000 BCN will be accepted thankfully!Let's donate!![](https://ip.bitcointalk.org/?u=http%3A%2F%2F25.media.tumblr.com%2F9f2bcad1095c11825d7ace3d53a68cd2%2Ftumblr_mi69m76pkl1rzmo0qo1_500.gif&t=665&c=b4RpXnOOcQCGCA) so cuteee ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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