Will Bytecoin Eventually be the Preferred Currency for DarkNet? - An Interview with Harry Ullman of Bytecoin
Note: the following interview was conducted with Bytecoin developer Harry Ullman via e-mail, as a recorded audio interview was beyond the privacy considerations of the Bytecoin development team. The author does not currently possess any Bytecoin. When did you discover Bitcoin? Unfortunately, I can't tell you that I'm one of the first people who discovered Bitcoin from Satoshi's whitepaper. But I might as well be seen as an early adopter. I joined the community long before Bitcoin's price skyrocketed to $10. How long have you been with the Bytecoin project? A little more than three years.....
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You may have already heard about innovative CryptoNote platform and its reference code Bytecoin (BCN), the first currency said to have truly anonymous transactions and egalitarian CPU mining only. Cryptonote technology is based on ring signatures, differs from Bitcoin source code completely and is already being discussed by the community. On July 4th Bytecoin celebrated its 2nd anniversary and we took this opportunity to shed some light on CryptoNote platform and its reference currency, Bytecoin (BCN). We had some time with Harry Ullman the head responsible for all external communication....
Bytecoin (BCN) has issued a new release that its team claims takes the CyrptoNote-based currency closer to its mission. Which is to develop a financial system that provides the same functions as existing financial systems at less cost for users. The new release includes an updated Bytecoin wallet, pool mining, and an added solution for real-time transactions, ensuring that most transactions will process in 120 seconds. Paying invoices, pool mining and accessing block chain data will be available using an integral control center. Additional details about the new release are available on the....
July 4 marks the third anniversary of Bytecoin, the world’s first CryptoNote-based cryptocurrency. The Bytecoin team has unveiled an expanded roadmap detailing their future plans for the coin. Bytecoin is the first CryptoNote-based cryptocurrency that enables absolutely anonymous transactions via ring signatures and one-time keys. Unlike Bitcoin, it offers certain unique properties such as smooth block reward, difficulty adjustment and ASIC resistance. (GPU mining provides efficiency of the same magnitude as CPU mining.) The Bytecoin platform allows for implementing colored coins and smart....
The Bytecoin team-who are developing an untraceable and open decentralized cryptocurrency-has released a new version of its e-commerce solution called Bytecoin RPC Wallet, which allows merchants and online businesses to accept incoming payments secured with modern cryptographic algorithms that are "impossible to hack." The RPC Wallet was launched specifically to provide online businesses access to the Bytecoin platform directly through a cryptocurrency wallet interface, and offers an application program interface (API) which can be easily integrated by merchants and businesses. The new....
These five moments shaped Bitcoin On-Chain analysis. Down below you’ll find a basic 101 article that reviews the basic concepts of the trade. If you have any problem with the list, David Puell is to blame. He’s a full-time on-chain analyst and the creator of MVRV and Puell Multiple. He didn’t include the metrics he created on the list, which says a lot. Related Reading | Lessons From Reason’s “The Fake Environmentalist Attack on Bitcoin” Mini-Doc In the following article, there’s also something for on-chain analysis experts. A side game called: Did your favorite moment make it? 1.....