Post
Topic
Board Altcoin Discussion
Re: Bytecoin website and roadmap release (including CryptoNote protocol updates)
by
forfunzies
on 31/03/2015, 13:40:40 UTC
Hey guys, the first ever CryptoNote GUI was made by DarkNote devs! Ok. Boolberry may be. But still. You are so excited about GUI wallet like it's the most important feature for the cryptocurrency.
To be honest I'm more impressed by the following things:


Payment gateway designed for highload

Bytecoin payment gateway offers a new integration scheme for businesses that accept Bytecoin. It is a robust daemonized wallet that is capable of receiving and sending thousands Bytecoin transactions simultaneously. Designed for highload, payment gateway is 50 times faster than simplewallet and meets the requirements of the most sophisticated business cases that may emerge on top of CryptoNote.

Colored coins and assets

Colored coins are the next big thing in cryptocurrencies and is the next significant step for CryptoNote. They will allow Bytecoin users to create and distribute various CryptoNote securities and digital assets.

P2P pools
With all the updates mentioned above we expect Bytecoin network to significantly increase. P2P pool is a temporary sidechain that implements decentralized pooled mining, which is important for network decentralization. In line with CryptoNote's philosophy it decreases the dependence on large mining pools.

I admit, the graphical wallet is not the main announcement here, but you should agree that usability is still a crucial issue for CryptoNote. This should make a positive impact on Bytecoin's adoption, since more people can be driven by a wallet that is convenient to use. Not everyone is used to the command line.

No, seriously, until todays' newsletter there haven't been any big news for quite some time.

I think GUI wallet took time. Also it seems that Bytecoin has done a lot of work if all of these features in the roadmap are either developed or researched already:

Quote
One thing to mention, these are not some vague plans scheduled for 2050; every feature mentioned in this post is being either researched or developed actively.

I have to agree, it does look promising. Bytecoin future completely depends on how well and how fast BCN developers are going to release updates.

Some great ideas can be discussed for years, but the world will never see them implemented. Look at the Ethereum for example, I've put quite a pile of money in it and release is delayed once more.

All these things that Bytecoin developers has announced are very difficult to implement. Colored coins for that matter... Ullo, Bytecoin team already have a vision on how to implement this or ? Will it look like NXT, Mastercoin implementation or Bytecoin are going to present whole new solution since it's CryptoNote based?