@tuckfheman / tuckfheman.tumblr.com
1st five to respond with a DarkNote address receive 100 XDN.
Note : If you are providing an exchange XDN address, we will need the "Payment ID" as well.
9/29/15 Update : We’ve ended this giveaway due to lack of responses and the fact that we no longer hold DarkNote. =b
BitcoinEXpress blackmailing betting the Monero dev's that he can exploit ("coin killer time warp attack") Monero before they can fix the exploit he was blackmailing them with exposed.
Countdown to "It's Almost timetokillXMR".
At the end of that same post, BCX implied that he was playing the catalyst in a forced evolution of the coin, and then posted a link to a youtube video of The Joker burning a pile of cash to communicate his motivation behind the decision to attack Monero. He also announced that he had begun taking shots of Stoli Elite and “loves this shit.” Bond Villain anyone?
http://bullbearanalytics.com/2014/09/23/whats-going-monero/
BCX: "I have found very specific exploits in CN that have not been fixed that would be successful on XMR. Most are what I call annoyance attacks, that would be fixed and the coin would probably survive, but one is a coin killer. In XMR there exist a flaw involving the keyrings that under the right conditions will allow an attacker to steal your wallets and hijack your addresses. To fix this, anonymity will need to be sacrificed. These exploits are why two top exchanges who have asked for my opinion have not added XMR.
I could indeed exploit this coin if I wanted but I have no need or desire. Others will find exploits and others will exploit it. It's just the nature of the beast. I do not think there is any long term future for this coin. If I were mining this coin, due to its potential for exploitation, I would mine and sell. (admittedly, an opinion on the future of XMR)"
// This is fatal news :( I don't know if I should sell my XMR now or wait and see what happens :/
Unverified, but troubling.
* added alias support (now, you can send transactions using @name)
* added suggestions to address field, now after you pressed @ and then first letter one the alias name you get suggestions list, based on currently registered aliases:
* Now, when you press Generate New Wallet - it opens by default user home directory, and automatically suggest username_wallet.bbr as default wallet name.
* After you once saved/opened/generated wallet it memorize last used folder and next open/generate will be oppened in this folder
* By default Boolberry wallet now have extension *.bbr +
*.bbr.keys, you still able to open old-named files by chosing another filter in Open file dialog (*.* All files).
* Fixed issue with big negative number at starting synchronization.
The following article is a submission from someone wanting to promote Bytecoin. I’ll follow it up at the bottom with some information on why you should avoid Bytecoin.
Bytecoin (BCN) was developed two years ago in the shady underground of the dark web and was designed to offer truly anonymous financial transactions. Since then Bytecoin developers have made significant updates and community has had the chance to appreciate its full potential.
The CryptoNote protocol is something that holds the whole idea of Bytecoin together. It was developed in conjunction with Bytecoin in July of 2012. Those who see the need for freedom from financial surveillance can use the technology offered by CryptoNote and take part in automatic, decentralized, anonymous financial transactions.
The CryptoNote protocol offers untraceable payments by utilizing ring signature technology. This scheme makes it possible to sign a message on behalf of a group. While the fact of transaction taking place is clear, nobody will be able to pinpoint the transfer to a specific individual.
The CryptoNote protocol also offers unlinkable transactions. Payments are split up between multiple one-time addresses that can only be received by the person who has the correct public key. In other words, observers won’t be able to determine the amount of a transfer in total.
Since Bytecoin is open-source, it allows developers to work on top of the protocol, which makes development to be community oriented. The core developers have recently made improvements to the API, allowing anyone to make modifications at their own discretion.
Bytecoin and its forks rely on PoW mining, using the CryptoNight algorithm and are therefore ASIC and GPU resistant. Those who want more information on specifics and links can go to the BCN Reddit page or their Bitcointalk discussion.
Note : I forgot to jot down who submitted this article. If you are the person who submitted it and would like to follow up on my comments below, please do so!
"Bytecoin is an enigma. Supposedly started on the darknet by developers inspired by bitocin, it takes advantage of a completely revolutionary kind of algorithm called CryptoNote. In a white paper by Nicolas van Saberhagen 26), you can read all about a CPU mined only algorithm that uses something called ring signatures to make transactions truly anonymous. The algorithm doesn’t compare to 98% of the alts that were made before it OR after it. Bytecoin is in the same league as Monero, Quazarcoin, Fantomcoin, Boolberry, etc as they are all cryptonotes made in 2014.
Now, the crazy thing is that Bytecoin flew under the radar during the entire crypto explosion of 2013. Everyone was making copies and clones of Bitcoin and Bytecoin never really jumped on the party bandwagon. We find this fact unfortunate because the mining data does not encourage new investors to jump into the coin at this stage.
Bytecoin has a large amount of total possible coins at 184,460,000,000. When you look at Bytecoin today, you can see that there are over 156 billion coins minted already. From July 2012 to July 2014, a total of two years, the currency created around 85% of it’s total expected amount. There aren’t too many Bytecoins left to be mined now that they are on the map.
85% in 2 years is fast, especially under the cloak of darkness. Now, some may say that Bitcoin was in a similar position in early 2013 as “everyone” started to get on board with Bitcoin. However, at that point Bitcoin had only mined 50% of its currency total, not 85%. Second, Bitcoin was usable in a myriad of ways (and even more today). People weren’t just holding Bitcoins for investment purposes. People were spending it as well.
To this date, Bytecoin has been a purely speculative currency with a couple hundred people or less on the darkweb using it (the reality is that people “back in the day” were more likely to use Bitcoin than Bytecoin). Bytecoin has not even been on any exchanges until very recently 27). Thus, this is very different from how people jumped into Bitcoin in 2013. Bytecoin was hardly been used at all save for a tiny amount of people. Now that the mining is virtually done, it is getting more attention and finally being traded on an exchange. (It is probably garnering attention because Monero, it’s younger sibling, is gaining lots of press. Monero is only 8% mined at this time.)
This coin does not appear to have any significant premine. The blockchain does show that on the first block, there was some 703,600 Bytecoins created. Looking at the total coins in circulation, one sees there are some 1,407,000 coins. This could mean there is an undocumented premine of exactly one block, which at the time was around 703,000 coins. Considering the coins is measured in the hundreds of billions, this is not a premine at all. But it is a strange anomaly.
There is nothing malicious about this coins intentions, at least not in our review of the mining data. Considering the above facts, however, we don’t see a need to jump into Bytecoin. This coin is in both the extreme caution and questionable section, not quite fitting into either one.”
(Source for the above)
We passed on Bytecoin after learning about it’s distribution history and chose instead to mine Monero (aka BitMonero) and Boolberry (and DuckNote to be honest).
Out of all the CryptoNote coins, we feel Boolberry is the best choice at this time. Monero has some infighting they’re dealing with in their community upon our last check, while Boolberry appears to have the most competent Dev team and forward planning. As far as we know, Boolberry is still the only CryptoNote coin with a GUI wallet.
Boolberry becomes the first CryptoNote based coin to release a GUI wallet.
An attacker on a $2,000 budget could reveal the IP addresses of bitcoin clients, researchers say.
Also, it has a built in donation to the devs (dev fee) that can be turned off as a vote against the current development of the coin. I like the idea.
This coin has no GUI, so there's that. But, that usually means there will be very little competition for blocks as only the nerds are mining CryptoNote coins right now (which is why I do as well). I'm sure Minergate will be adding them to the miner soon enough and then it's only a click away!
An open-source technology and concepts for the cryptocurrencies of the future
