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Board Altcoin Discussion
Re: Bytecoin website and roadmap release (including CryptoNote protocol updates)
by
forfunzies
on 31/03/2015, 15:12:14 UTC
Quote from: Rias on March 31, 2015, 02:13:38 PM
Quote from: mdegreffe on March 31, 2015, 02:05:12 PM
Thanks for the great info. If you release everything on the list Bytecoin is going to be a very perspective coin! 

+ To the moon!

Firstly, it was "to the Mars" to be precise:
http://i.imgur.com/3F0KFnY.png

Secondly, Bytecoin is a breakthrough coin already. For one thing, it is the first of all the CryptoNote currencies; Bytecoin team implemented CryptoNote's source code itself. And now they're offering something that almost nobody else seems to be capable of. Smart contracts are huge if you ask me.

I believe so far this is the greatest cryptocurrency news in 2015. The strategy is solid. Firstly, the user experience is simplified with GUI wallet. Second, a lot of work on code quality and, seamingly, re-usability is done. Third, robust merchant solution should further drive adoption. Fourth, tons of refactoring to ensure performance. And, finally, more awesome features.

I wonder the timeframe though.

There are some people already working on smart contracts. Ethereum will be launched very soon. Of course, a larger number of platforms are good for competition.

However, Bytecoin is nowhere close to be the first here unless they rollout scripts this week. Which I highly doubt.
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
Quote from: Rias on March 31, 2015, 01:24:05 PM
Quote from: Xian_XDN on March 31, 2015, 01:14:52 PM
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:

Quote from: Ullo on March 31, 2015, 12:28:28 PM

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.

Quote from: Cheesus on March 31, 2015, 01:13:09 PM
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?