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

[BoscoMurray]

Monero price is way too higher than Bytecoin; even if it is a clone. I wonder why. Is it in the name of fair distribution BS?

In spite of being the first cryptonote coin, you know what's hurting Bytecoin? Those 80% of coins. Time to destroy them.

You want to know why?

Bytecoin = premined crap

Monero = no premine.

just because you didn't know about it doesn't mean it was premined.

how many times do we have to revisit this same thing?

Wake up!

If me and 10 (or however many) pals mined a coin for two years, then announced it on bitcointalk, I'm afraid it'd be classed as pre-mined by the community. Simple really. This is what happened. There is no doubt about it.

[Jungian]

Monero price is way too higher than Bytecoin; even if it is a clone. I wonder why. Is it in the name of fair distribution BS?

In spite of being the first cryptonote coin, you know what's hurting Bytecoin? Those 80% of coins. Time to destroy them.

You want to know why?

Bytecoin = premined crap

Monero = no premine.

just because you didn't know about it doesn't mean it was premined.

how many times do we have to revisit this same thing?

Well, no one knew about it and no one had the chance to mine. Pretty much the defintion of a premine.

[33zer0w0lf]

Monero price is way too higher than Bytecoin; even if it is a clone. I wonder why. Is it in the name of fair distribution BS?

In spite of being the first cryptonote coin, you know what's hurting Bytecoin? Those 80% of coins. Time to destroy them.

You want to know why?

Bytecoin = premined crap

Monero = no premine.

just because you didn't know about it doesn't mean it was premined.

how many times do we have to revisit this same thing?

Well, no one knew about it and no one had the chance to mine. Pretty much the defintion of a premine.

plenty of people knew about it, you didn't, doesn't make it a premine.

[Cheesus]

XMR's dark side: https://bitcointalk.org/index.php?topic=755840.0

[smooth]

If me and 10 (or however many) pals mined a coin for two years, then announced it on bitcointalk, I'm afraid it'd be classed as pre-mined by the community. Simple really. This is what happened. There is no doubt about it.

That didn't happen. What actually happened is worse.

The blockchain is fake, i.e. fraudulent. It is a premine not because 10 pals did it, but because the coins were just artificially created in a much shorter period of time and not mined over two years. So there is no point in arguing who knew about it or didn't know about it during the two years that never happened.

I have no horses in the XMR race (but I do hold some BBR), but let me say that independent of the OP -- and with a little less venom and swearing -- it was very clear from the code that the bytecoin premine was fake.  Nothing to do with the whitepaper, and you can find the obsfucated and slowed-down code in the git history of XMR and Bytecoin.

I have no comment about the other coins, and personally believe both that the XMR dev team is reasonably clean and that BBR was a good-faith effort to create something non-scammy, but I don't have a technical basis for that conclusion.

I don't want you to buy any coin (and I'd never advise anyone to put money on cryptocurrencies unless they want to gamble).  But I do believe it's worthwhile suggesting to people somewhat emphatically that they stay the heck away from BCN and tread carefully with some of the clones that just copy-pasted that code, as much as they should be careful with any alt that just copy-pastes the Bitcoin code and tweaks a few parameters.  Most are at best worthless and at worst outright scams.  The thing that adds potential value to a coin that's not actively used is its development, community (consider dogecoin as an example of the latter, and both BBR and XMR as examples of the former), and in some cases, its underlying technical innovations (cryptonote broadly speaking).

And before you fling accusations, I'm quite sure I'm not a sock puppet:  http://www.cs.cmu.edu/~dga/crypto/not_a_sock_puppet.html

[scamkiller]

the syncing speed is much faster than before

[barney_stinson]

Guys,  even I tired of these unwarranted charges about Bytecoin premine. I haven't seen a single fact confirming premine.

[Jungian]

Monero price is way too higher than Bytecoin; even if it is a clone. I wonder why. Is it in the name of fair distribution BS?

In spite of being the first cryptonote coin, you know what's hurting Bytecoin? Those 80% of coins. Time to destroy them.

You want to know why?

Bytecoin = premined crap

Monero = no premine.

just because you didn't know about it doesn't mean it was premined.

how many times do we have to revisit this same thing?

Well, no one knew about it and no one had the chance to mine. Pretty much the defintion of a premine.

plenty of people knew about it, you didn't, doesn't make it a premine.

Can you name five persons outside of the devs who knew and also say how they found out?

[jolipenria]

I've made an infographics comparing BCN and BTC (life those made by bitcoinexamner for BTC/LTC, BTC/NMC etc earlier. example)

Here's the small version:
https://i.imgur.com/qHWfuSn.jpg

Full-size version: https://i.imgur.com/tJz6FnI.jpg

Well done!

I think  this infographic should be added in post #1 (unless you and devs don't mind).

[Levis]

I'm wondering under which OS it will mine faster if the hardware is the same, MacOs or Windows or Linux?

[Rytir_fik]

NEW UPDATE available for windows http://sourceforge.net/ version 1.0.2.335
I am looking forward to seeing notes.

[aioncncn]

China Exchanges  is the battlefield

http://www.btc38.com
http://cn.bter.com/

[xsmoffx]

Which pool do you prefer for mining Bytecoin?

[sgk]

NEW UPDATE available for windows http://sourceforge.net/ version 1.0.2.335
I am looking forward to seeing notes.

I looked up, but couldn't locate any change log. Can you let us know what's new?

[nade70]

NEW UPDATE available for windows http://sourceforge.net/ version 1.0.2.335
I am looking forward to seeing notes.

I looked up, but couldn't locate any change log. Can you let us know what's new?

https://github.com/amjuarez/bytecoin/blob/master/ReleaseNotes.txt

Release notes 1.0.2
- Transaction history for simplewallet
- Reset command for simplewallet
- Various simplewallet improvements

[wanellane]

Which pool do you prefer for mining Bytecoin?

I use Xmining and Yaymining Pools. I think they are the most reliable and profitable.

[DStrange]

Which pool do you prefer for mining Bytecoin?

I use Xmining and Yaymining Pools. I think they are the most reliable and profitable.

bcn.xmining.org or bytecoin.xminingpool.com?

[33zer0w0lf]

Which pool do you prefer for mining Bytecoin?

I use Xmining and Yaymining Pools. I think they are the most reliable and profitable.

bcn.xmining.org or bytecoin.xminingpool.com?

Most of the pools use the same code or fork of the same code.
So they all pay the exact same way.

Reliability/support is really the only factor to consider.

[Ullo]

Bytecoin has been updated to v.1.0.2, which includes the following features:

— Transaction history for simplewallet and Wallet JSON RPC
— Reset command for simplewallet and Wallet JSON RPC
— Various simplewallet improvements

The "reset" command is a handful tool in case you would like to resynchronize your wallet's data from scratch. This command was introduced to avoid deleting the wallet.bin file in case the re-synchronization is required.

The transaction history can be obtained through "list_transfers" command in simplewallet or "get_transfers" method in Wallet RPC. It returns the information regarding all incoming and outgoing transactions. The method provides an easy way for the users or services to recheck all the wallet's operations.

You may learn more about these new features on Bytecoin Wiki: new simplewallet commands and their outputs, new Wallet JSON RPC methods.

Download Bytecoin v.1.0.2: http://bytecoin.org/downloads

More info: https://bitcointalk.org/index.php?topic=718834.0

[Levis]

Mining Bytecoin is profitable today, isn't it?