Quote from: drawingthesun on June 03, 2014, 07:26:10 AM

Quote from: smooth on June 03, 2014, 07:17:40 AM

Quote from: drawingthesun on June 03, 2014, 07:12:29 AM

The first implementation was called Bytecoin but it was mined over two years (Ninja style) in secret with unchanging difficulty. Monero is our communities based fresh start.

It's not even clear it was two years. (No independent evidence whatsoever of its existence prior to late 2013 is available.) If it really were mined for two years with code implemented as was obviously intended by the design (using AES hardware in Intel CPUs), that would be less than 10 PCs mining it, which is somewhat implausible. It is entirely possible they gened the whole blockchain in a much shorter period of time on a server farm or cloud nodes. The whole thing is extremely shady and totally lacking even if the most basic transparency, which is why bytecoin is essentially dead now, and Monero is thriving.

How would you generate the blockchain without mining it properly? You mean faking the timestamps in the header or something?

Yeah you can put anything you want in the timestamps. Just scale them all by a factor of 100 and 2 years = 1 week.