Re: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine
BiteKoin would be pronounced exactly the same way as ByteCoin, and in that case I do see an issue. But there is no other coin pronounced exactly like Cryptonite so it's harder to confuse.
Cryptonite is pronounced exactly the same as CryptoNight, the proof-of-work algorithm used by most of the CryptoNote coins.
It is confusing. I told you this before the coin launched. If you don''t care (it's not the name of a coin), that's one thing. If you are now saying that you want to use confusion as a deliberate marketing strategy, that seems pretty scumbag to me. I don't recommend it.
I regret not participating in the naming conversation earlier this summer, so I could have concurred with smooth on this point.
But the scumbag accusation is too harsh. BF isn't a scumbag, he's just being stubborn (which is a *good* thing) and reaching for reasons to avoid doing something that's a hassle and costs time needed for other projects.
Exactly, there isn't even a coin called Cryptonote, they just use Cryptonote technology. So we have some algorithms which might be confused with our coin, I don't see why that's so bad.
You don't see why that's so bad? Umm, it's bad because Reasons and stuff...
I already crossposted an on-point example of why, from another thread where I tried to tell a noob about XCN and he automatically and understandably lumped XCN in with BBR and XMR.
XCN has fantastic technology that BBR/XMR can't match - mini-blockchain and unmalleable zero-confirmation safe transactions.
There is no (Great) reason to let those amazing unique qualities be obfuscated by undue association with the CryptonOte coins.
Please take off your #1 MBC Guy Hat, and look at the situation from the POV of an intelligent but underinformed noob. I don't like seeing this great project needlessly hobbled by an entirely avoidable cases of mistaken identity.
At this still-very-early point the confusion is already actual, not theoretical. When XCN becomes more well known, the confusion will be 1000 times worse.
You've done a perfect job of shepherding