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

[Meggie]

the priice of bytecoin is going down

I'm yelling timbaaaaah!!

Sry, couldn't help it.

[Jungian]

the priice of bytecoin is going down

It is temporary, don't worry. Bytecoin hasn't exhausted its potential, so the price will reach a fair level

But the cost of the premine is much lower than 1 Satoshi. Can we make sure they do not flood the market?

The market is already flooded. Look at the extreme sellwalls.

[Catmoonglow]

d787

Today is august 29th, one of the last days of summer. Although the Gregorian calendar sets the New Year's start from January, we all know that it actually starts with September 1st. Summer moves on smooth and serene and every day is the same. Summer is the time of rest and is perfect for having a rundown on what has happened during the year. Autumn, on the other hand, is the time for action. Autumn is when you set out on a new project, full of energy and enthusiasm.

This year is crucial for our team for many reasons. We've summarized what has been done for the last two years and drew a plan for the next year. The development strategy at last has been formalized with every member of the team keenly aware of his part in it. These last few days of summer is the time we summon the strength for a long and intense autumn.

We'd like to express our gratitude to everyone who's been helping us build Bytecoin for the last two years. We equally appreciate the work of those who's been with us from the very beginning and who's joined the project when it was well under way. Because of your hard work Bytecoin is now a perfect financial instrument that will serve the world a good job. We are looking forward to the future with great enthusiasm.

I wish i could have joined the Bytecoin community earlier, but i was not really into alt coins at that time. Now, when i'm here i would like to thank our dev team for he work they do.  And also would like to thank our community just for being cool  

It's never too late. I didn't discover Bytecoin right away either.
Also unlike some people here, i have no concerns about Bytecoin's legitimacy. Dev's approach to work is great! These people deserve a raise, seriously.

[AtomicDoge]

It's never too late. I didn't discover Bytecoin right away either.
Also unlike some people here, i have no concerns about Bytecoin's legitimacy. Dev's approach to work is great! These people deserve a raise, seriously.

Agree about that. Especially for the last update, it's outstanding,

[SherdonIke]

Updates are good, but aren't we lacking activity on the promotion side?

[DStrange]

Updates are good, but aren't we lacking activity on the promotion side?

Do you have any ideas?

[Meggie]

Updates are good, but aren't we lacking activity on the promotion side?

Do you have any ideas?

No ideas needed! We need less cheap promotion and more focusing on technical issues. I mean, we're pretty focused already so we just need to keep it up! And screw the promotion. Those who really need Bytecoin will discover it easily.

[Catmoonglow]

Updates are good, but aren't we lacking activity on the promotion side?

Do you have any ideas?

No ideas needed! We need less cheap promotion and more focusing on technical issues. I mean, we're pretty focused already so we just need to keep it up! And screw the promotion. Those who really need Bytecoin will discover it easily.

Wrong. It's more like a question of time. Personally i wish i was able to discover Bytecoin earlier, but NO.  Promotion will help Bytecoin potencial users to get here faster.

[barney_stinson]

Updates are good, but aren't we lacking activity on the promotion side?

Do you have any ideas?

No ideas needed! We need less cheap promotion and more focusing on technical issues. I mean, we're pretty focused already so we just need to keep it up! And screw the promotion. Those who really need Bytecoin will discover it easily.

As I know Bytecoin has a media fund and I think it's time to use it. Promotion is one of the necessary thing for the coin developing.

[David1978]

Updates are good, but aren't we lacking activity on the promotion side?

Do you have any ideas?

No ideas needed! We need less cheap promotion and more focusing on technical issues. I mean, we're pretty focused already so we just need to keep it up! And screw the promotion. Those who really need Bytecoin will discover it easily.

As I know Bytecoin has a media fund and I think it's time to use it. Promotion is one of the necessary thing for the coin developing.

They wanted to

create a special resource that will allow us to get the latest content about BCN

Don't know what they are doing there, have they already started creating that special resourse or not, or maybe they need more donations. Anyway, if those donations were for that special resourse, it will be silly to waste em on random promotion just like that.

[jolipenria]

Of course! You're nobody until you're talked about. I think Bytecoin needs more followers for its development.   

[tjkurtisss]

Bytecoin in its current form was not created and publicly released in 2012. I was around...it was no where to be found.

Be wary when considering investing in this coin.

The date of Bytecoin launch was confirmed by several sources. For example this one: http://bitcoinbarbie.com/cryptonote-open-source-technology-concept/  is an interview with Catherine Erwin, CryptoNote’s Communications Manager. She tells about how Cryptonote and then Bytecoin were created.
I you're saying you were around... maybe yours and Bytecoin's paths didn't cross somehow?

[smooth]

Bytecoin in its current form was not created and publicly released in 2012. I was around...it was no where to be found.

Be wary when considering investing in this coin.

The date of Bytecoin launch was confirmed by several sources. For example this one: http://bitcoinbarbie.com/cryptonote-open-source-technology-concept/  is an interview with Catherine Erwin, CryptoNote’s Communications Manager. She tells about how Cryptonote and then Bytecoin were created.
I you're saying you were around... maybe yours and Bytecoin's paths didn't cross somehow?

Immediate Red Flags

The first thing that is a red flag in all of this is that nobody, and I mean no-fucking-body, is a known entity. "Antonio Juarez" is not a known entity, "DStrange" is not a known entity, none of the made up names on the Bytecoin website exist (they've since removed their "team" page, see below), none of the made up names on the CryptoNote website exist (Johannes Meier, Maurice Planck, Max Jameson, Brandon Hawking, Catherine Erwin, Albert Werner, Marec Plíškov). If they're pseudonyms, then say so. If they're real names, then who the fuck are they??? Cryptographers, mathematicians, and computer scientists are well known - they have published papers or at least have commented on articles of interest. Many of them have their own github repos and Twitter feeds, and are a presence in the cryptocurrency community.

The other immediate red flag is that nobody, and I mean no-fucking-body, had heard of Bytecoin. Those that had heard of it thought it was the crummy SHA-256 Bitcoin clone that was a flop in the market. Bytecoin's claim that it had existed "on the deep web" for 2 years was not well received, because not a single vendor, user, miner, drug addict, drug seller, porn broker, fake ID card manufacturer, student who bought a fake ID card to get into bars, libertarian, libertard, cryptographer, Tor developer, Freenet developer, i2p developer, pedophile, or anyone else that is a known person - even just known on the Internet - had ever encountered "Bytecoin" on Tor. Ever. Nobody.

[madzooka]

That red flags listed by rethink-your-strategy are nothing but words. The list of names on bytecoin.org are just pseudonyms.

If there were their true name, no doubt you'd recognize them as the crypto night algorithm is hard enough to create. That's obvious that only great mathematicians and computer scientists were able to create such algorithm. And if they decided to hide their true names that's their right.

That was already discussed that BCT was indeed in in deep web. There was an old bcn community on reddit but their sub reddit is private and you need a password to join (I don't know the password)

[madzooka]

In addition, CN dev team has many times pointed that there were about 10 groups of miners in 2012-2014 
- https://forum.cryptonote.org/viewtopic.php?f=5&t=11&start=10#p111

[smooth]

In addition, CN dev team has many times pointed that there were about 10 groups of miners in 2012-2014  
- https://forum.cryptonote.org/viewtopic.php?f=5&t=11&start=10#p111

Highly qualified experts who are willing to stand up with their real names and academic credentials have said that is a load of crap (I added the bold so you don't miss the key point):

FWIW, I concur completely with your assessment of the fake blockchain in Bytecoin - it's the most logical explanation for the very deliberately slowed down proof-of-work function.  (And for those watching, I came to that conclusion independently from looking at the code earlier - that conclusion was not influenced by rethink-your-strategy's claims.)  I haven't independently checked the PDF-related signature and timestamps that you noted, but it wouldn't surprise me at all.  Clever.  If they hadn't been quite so greedy (80%?  really?) it might have worked.

LMGTFY - http://www.cs.cmu.edu/~dga/cv.pdf

It's a Ph.D. in addition to the masters, so feel free to insert the obligatory jokes about "those who can't, teach"  (but I've probably heard them before.

Sorry, but your scam is blown. You have zero credibility here. Just stop.

[Patron92]

http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins

Considering the coins is measured in the hundreds of billions, this is not a premine at all

[madzooka]

And what about gmaxwell ? He is one of BCN mines for a months and made a lot of researches before started mining.
I don't know who is your professor so he has zaeo credibility for me.

I was at Bitcoin London Conf in 2012 and went to have a beer with friends to the nearest pub last evening. I met a guy there (don't remember his name. something like Jeff or John, maybe).
He told me about ring signatures and mentioned something about CryptoNote. I felt interested and tried to ask him for more details. He was with a company too(10 or 12 people meetup) so our conversation was rather short. We chatted a bit and he gave me a card with .onion website address. He said it would be a currency of the future and I had to mine it.

Your BCT account looks suspiciously like one of the ones that was sold after the bct hacks last year.

Do you have the onion address you were given? Do you still have the bytecoin wallet?

----

We all know there is a lot of secrecy around ByteCoin and that it was a project by respected cyberpunks and academics all around the world. The code on github and philosophy around the project says enough.. Why you want proof with a onion address?? Dont you believe more people where involved instead of a small team..

One example is the extra nonce and all the messages included, did someone fake all that data? I dont know but its pretty clear to me that the project was created as a framework for the future. Another example about the quality; the timestamp of the genesis block.

ps. one extra nonce i did not find in the excell sheet, the one as solution from a puzzle.

_{My 2 mBTC}

[smooth]

And what about gmaxwell ?

You are clearly confused since:

1. He never said anything about mining before the public disclosure (i.e. 2014, not 2012 or 2013). If you can refute this, do so. But you can't.

2. You misread the message you quoted. gmaxwell was disputing the claim by some unknown person (likely purchased account). I'll quote your message below for reference.

3. He posted on rethink-your-strategy's thread and agreed (again I will bold the important parts):

Yep, I'd raised concerns about these claims before myself.  Funny, I also checked the references, but I didn't realize the whitepaper was supposed to be that old (I'd missed that the document was backdated).

It's more than just the history that is fishy, though.  The proof of work algorithm appears to be a pretty nice bit of insurance against people forking the system, since it was clearly purposefully deoptimized— and contrary to the design claims provably reasonably GPU friendly (and, likely, very friendly with larger 28nm FPGAs— a suspicion supported by the hashrates of the systems based on this pow, including monero).

Might not want to overstate the amount of cryptographic review the approach has had. I've spent some time on it but haven't personally worked through any proofs of its properties. It takes a long time to gain confidence in a cryptosystem.  (Though sure, I do think the ring signature system is very interesting— that rest? well). Oh well, honestly, I think that this sort of stuff is more ethical than the altcoin presales (Esp the ones that don't ever deliver anything).


:-/

As I said, just stop. You are making yourself look worse and worse by grasping as every attempt to defend that which has already been thoroughly exposed. You have no credibility left. It is over. Try scamming somewhere else. This community is too hard to fool.


Quoted for reference:

And what about gmaxwell ? He is one of BCN mines for a months and made a lot of researches before started mining.
I don't know who is your professor so he has zaeo credibility for me.

I was at Bitcoin London Conf in 2012 and went to have a beer with friends to the nearest pub last evening. I met a guy there (don't remember his name. something like Jeff or John, maybe).
He told me about ring signatures and mentioned something about CryptoNote. I felt interested and tried to ask him for more details. He was with a company too(10 or 12 people meetup) so our conversation was rather short. We chatted a bit and he gave me a card with .onion website address. He said it would be a currency of the future and I had to mine it.

Your BCT account looks suspiciously like one of the ones that was sold after the bct hacks last year.

Do you have the onion address you were given? Do you still have the bytecoin wallet?

----

We all know there is a lot of secrecy around ByteCoin and that it was a project by respected cyberpunks and academics all around the world. The code on github and philosophy around the project says enough.. Why you want proof with a onion address?? Dont you believe more people where involved instead of a small team..

One example is the extra nonce and all the messages included, did someone fake all that data? I dont know but its pretty clear to me that the project was created as a framework for the future. Another example about the quality; the timestamp of the genesis block.

ps. one extra nonce i did not find in the excell sheet, the one as solution from a puzzle.

_{My 2 mBTC}

[Levis]

If I was a developer, I would always conceal my personal details at least for security reasons. I'm concerned about possible persecution by the government and abuse by hackers.