Post
Topic
Board Announcements (Altcoins)
Re: New Bikercoin (BIC) CryptoNight based crypto currency
by
arielbit
on 15/06/2016, 11:00:02 UTC
is there any ring for rental on this algo?

I have to admit I got a reality check with Neptunium.  Dont waste your time with Cryptonight.

Cryptonote isn't a waste of time.  There are two Cryptonote coins in the top 25.  One with a $6 million market cap and one with $16 million.  There are tools that make it very easy to launch a cryptonote coin so they're now being pumped out like bitcoin clones.  It's a very simple process with detailed instructions on how to do it.  Expect to see more.  The ones that have added features or made significant changes to the code are the ones to watch for because they will be supported by a person/persons with actual coding skills.

 

Coins like Monero is already on exchanges. If you dont get a cryptonite coin on Polo or at least Bittrex then the coin is dead. Devs in general refuses to pay the money to Bittrex and the chances of getting another cryptonite on Polo is like 0.0000001 %. It is fun to mine though because in general I like coins where you can mine with powerful CPUs ans still have a chance.

The odds are just heavily against a new cryptonite and as Neptunium showed if you add to that the general lack of skills with cryptonite devs it is the perfect storm for failure. If this coin has to succeed it has to 1) not be any of the cryptonite wannabees that you mention will start to pop up, 2) the dev must be willing to pay at least Bittrex, 3) the dev must have the skills to maintain a non-mainstream code base to add new stuff.

At least the dev still posts in the thread in comparison to NPT where the dev just bailed.

i tend to agree, new cryptonote coins may not hit exchanges anymore...

i own only two cryptonote, monero and daschcoin ...monero as being the leader in cryptonote development and the cheap DSH dashcoin the 100% clone /mirror image of the first cryptonote coin Bytecoin (82% premined).