Re: [ANN][?] A new coin based on CryptoNote technology (BCN fork)
Excellent. Can we vote on the name? 
Is there a rationale for sticking with the CryptoNite hashing algo? Some issues I pointed out before: 1) the CPU mining phase is prone to botnets 2) Someone will inevitably develop a GPU miner and it's in their interest not to release it, creating a fairness problem. (I'd personally prefer X11, because it's CPU+GPU and draws much less power than scrypt.)
edit: I actually can't find anything on this algo. Is this even a sound hashing function with a low probability of being cracked in the future? Most of the algos that the crypto community has been using are well-established and created by professionals and researchers (like the NIST finalists).
8. Probably merged mining with Bytecoin. This needs a lot of work to be done :-/
Is there a rationale for sticking with the CryptoNite hashing algo? Some issues I pointed out before: 1) the CPU mining phase is prone to botnets 2) Someone will inevitably develop a GPU miner and it's in their interest not to release it, creating a fairness problem. (I'd personally prefer X11, because it's CPU+GPU and draws much less power than scrypt.)
edit: I actually can't find anything on this algo. Is this even a sound hashing function with a low probability of being cracked in the future? Most of the algos that the crypto community has been using are well-established and created by professionals and researchers (like the NIST finalists).