[ANN][BMR] Bitmonero - a new coin based on CryptoNote technology - LAUNCHED

[smooth]

Fork would be good. This (Bitmonero) and the other "HoneyPenny" sound both terrible. We need a good Cryptonote based coin that has probably a preannouncement, no premine or at least honest premine, websites registered before launch and a good name like Bitnote or sth. If someone is to create a new fork with these things in mind, I'm supporting.

Bitmonero is fine in terms of no premine, slow mining rewards, etc. I wouldn't have changed the block target, but its not a big deal.

If we fork it we should just change the name (and make sure we own the domains).

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[David Latapie]

what about bitmone.ro , or bitmonero.net ....?

Whatever the name change, it should not be discussed on a forum.

[smooth]

Services still needed:
- Official exchange
- Pool and open source pool software
- GUI wallet
- Faucet

I will try to work on GUI as I have time, I'm getting back into doing stuff for MC2

Add website to the list. It's a "service" in a way. HoneyPenny even has one (http://honeypenny.org/).

Sombody registered the domain names bitmonero.com and bitmonero.org just yesterday. If it wasn't the OP he screwed up big time and we should just do an immediate code fork to rename it to something where we control the domain names.

what about bitmone.ro , or bitmonero.net ....?

The problem with all these variants is the issue of hijacking and confusion. If you don't own the main names, someone else does, and that's a problem.

I agree it makes no sense to discuss the new name on a public forum, but if there is agreement on moving forward with a new name then it should be discussed in private among those interested in helping to choose one.

[sorryforthat]

Sent you a PM Smooth

[eizh]

Fork would be good. This (Bitmonero) and the other "HoneyPenny" sound both terrible. We need a good Cryptonote based coin that has probably a preannouncement, no premine or at least honest premine, websites registered before launch and a good name like Bitnote or sth. If someone is to create a new fork with these things in mind, I'm supporting.

It had a pre-ann and no premine. One could argue launching without a GUI wallet was a poor idea but you can't actually trade with this currency yet. All you can do is mine to secure the network and that's overwhelmingly done by command line in all altcoins (cgminer, sgminer, etc.).

Repeatedly relaunching isn't going to accomplish anything. This coin solved two of the most pressing issues: BCN's 80% mining in the deep web and BCN's extremely fast emission schedule. It also proved its worth by fixing the blockchain bug in BCN's latest release and acquiring 120k difficulty (equivalent to 240k in BCN) just a few days after launch.

That said, I'd be in favor of a renaming. Bitmonero sounds alright after you hear it enough times, but there are more appealing names to English and Chinese speakers, who together form 90% of the market. No relaunch needed. All it would involve is renaming some files since no CN coin is actually on an exchange and we don't have a website.

BitNote would actually be a great name -- it simultaneously shows affinity with CryptoNote from the name similarity and continues the proud ByteCoin tradition of having the same name as a dead coin (BNT: https://bitcointalk.org/index.php?topic=420341.0). We'd be BTN, of course.

[David Latapie]

Read this from honeypenny https://bitcointalk.org/index.php?topic=577267.msg6329851#msg6329851

Either commitment (good) or scam (not good).

Considering how premine (which is supposed to go in the same direction) is considered in the cryptocircles, this initiative may be unsucessfull. Anyway, interesting to read.

[Johnny Mnemonic]

The problem with all these variants is the issue of hijacking and confusion. If you don't own the main names, someone else does, and that's a problem.

I agree it makes no sense to discuss the new name on a public forum, but if there is agreement on moving forward with a new name then it should be discussed in private among those interested in helping to choose one.

Again, using any ICANN sanctioned domain is pointless because the domain can be seized and the coin can be maliciously forked.

[David Latapie]

The problem with all these variants is the issue of hijacking and confusion. If you don't own the main names, someone else does, and that's a problem.

I agree it makes no sense to discuss the new name on a public forum, but if there is agreement on moving forward with a new name then it should be discussed in private among those interested in helping to choose one.

Again, using any ICANN sanctioned domain is pointless because the domain can be seized and the coin can be maliciously forked.

Do you know any non-ICANN sanctionned domain name that the general public can have access to?

[Johnny Mnemonic]

The problem with all these variants is the issue of hijacking and confusion. If you don't own the main names, someone else does, and that's a problem.

I agree it makes no sense to discuss the new name on a public forum, but if there is agreement on moving forward with a new name then it should be discussed in private among those interested in helping to choose one.

Again, using any ICANN sanctioned domain is pointless because the domain can be seized and the coin can be maliciously forked.

Do you know any non-ICANN sanctionned domain name that the general public can have access to?

The bigger question is, what is the best way to distribute binaries that would safeguard against malicious takeovers? At this point I don't really have an answer that would be scalable. But I do think we need to get out of the habit of hosting binaries on dot org sites, especially when it pertains to privacy focused cryptos.

[GreekBitcoin]

The problem with all these variants is the issue of hijacking and confusion. If you don't own the main names, someone else does, and that's a problem.

I agree it makes no sense to discuss the new name on a public forum, but if there is agreement on moving forward with a new name then it should be discussed in private among those interested in helping to choose one.

Again, using any ICANN sanctioned domain is pointless because the domain can be seized and the coin can be maliciously forked.

Do you know any non-ICANN sanctionned domain name that the general public can have access to?

The bigger question is, what is the best way to distribute binaries that would safeguard against malicious takeovers? At this point I don't really have an answer that would be scalable. But I do think we need to get out of the habit of hosting binaries on dot org sites, especially when it pertains to privacy focused cryptos.

Upload it on datacoin blockchain

[smooth]

The problem with all these variants is the issue of hijacking and confusion. If you don't own the main names, someone else does, and that's a problem.

I agree it makes no sense to discuss the new name on a public forum, but if there is agreement on moving forward with a new name then it should be discussed in private among those interested in helping to choose one.

Again, using any ICANN sanctioned domain is pointless because the domain can be seized and the coin can be maliciously forked.

Do you know any non-ICANN sanctionned domain name that the general public can have access to?

The bigger question is, what is the best way to distribute binaries that would safeguard against malicious takeovers? At this point I don't really have an answer that would be scalable. But I do think we need to get out of the habit of hosting binaries on dot org sites, especially when it pertains to privacy focused cryptos.

The purpose of a web site at this point is to distribute information, to server as a convenient point of reference for resources such as pools, exchanges, this or another forum, etc.

Binaries, who knows. Any method has its issues.

Once the coin is more established the web site isn't needed as much, because the various resources will be known directly.

[Johnny Mnemonic]

Ultimately the point I was trying to get across was that we should give a coin the best name possible, regardless of what TLDs are available.

[smooth]

Wow, difficulty is going sky high today

[tifozi]

Wow, difficulty is going sky high today

Thanks to your trade yesterday giving it some initial seed value

[eizh]

Wow, difficulty is going sky high today

Thanks to your trade yesterday giving it some initial seed value

I wonder if the $2.50 I paid for that 100 BMR is worth more than the electricity it cost to mine that much.

Higher difficulty is great. Fewer coins for us, but widespread distribution is the cornerstone of functioning exchange medium.

[smooth]

Wow, difficulty is going sky high today

Thanks to your trade yesterday giving it some initial seed value

I wonder if the $2.50 I paid for that 100 BMR is worth more than the electricity it cost to mine that much.

Higher difficulty is great. Fewer coins for us, but widespread distribution is the cornerstone of functioning exchange medium.

More auctions coming. I plan to continue running auctions on these coins until there are good exchanges.

Doing a BCN auction right now. https://bitcointalk.org/index.php?topic=577308.msg6328204#new

I also have an OTC exchange thread for BMR, but no one has used it yet: https://bitcointalk.org/index.php?topic=578192.0

[tacotime]

Fork would be good. This (Bitmonero) and the other "HoneyPenny" sound both terrible. We need a good Cryptonote based coin that has probably a preannouncement, no premine or at least honest premine, websites registered before launch and a good name like Bitnote or sth. If someone is to create a new fork with these things in mind, I'm supporting.

We can just rename it too, like what was done with PeerCoin.  Some kind of monero or esperanto derivative.

So far the initial distribution is very good -- reminds me a lot of Litecoin.

[eizh]

Fork would be good. This (Bitmonero) and the other "HoneyPenny" sound both terrible. We need a good Cryptonote based coin that has probably a preannouncement, no premine or at least honest premine, websites registered before launch and a good name like Bitnote or sth. If someone is to create a new fork with these things in mind, I'm supporting.

We can just rename it too, like what was done with PeerCoin.  Some kind of monero or esperanto derivative.

So far the initial distribution is very good -- reminds me a lot of Litecoin.

I agree, we have a good thing going here. My earlier mention of network difficulty being 120k needs to be updated -- it's 191k as of an hour ago (equivalent to 380k BCN). This shows significant interest. The parameters are solid so the only sensible thing to change is the name, which can be done easily at this stage. Maybe TFT did acquire those domains and we're good to go...

Also, I believe you said solo mining becomes hard at diff = 250k with a single CPU? We're almost there already. A pool implementation may be needed sooner than thought.

[tifozi]

Difficulty = 210k. 

[smooth]

Difficulty still skyrocketing. At this rate BMR may pass BCN within the next day or so.