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

Today is March 31th 2015, which is the 1001st day of Bytecoin's existence, and we are honored to present our new website and Bytecoin development roadmap for 2015.

On the anniversary of Bytecoin, we have launched a new website, which embodies our philosophy of reliability and convenience. We continue to gradually implement our mission and create a new efficient financial system that would enhance the classical one.

We are making considerable efforts to help in building the new economy, and doing our best to make the world of tomorrow differ from the world of today. Such grand task as changing the economical paradigm requires assistance not only from cryptographers and programmers, but from specialists in social fields, like economists, lawyers and sociologists, as well. These people are the ones who mostly help in creating a cryptocurrency not for itself, but cryptocurrency for other people, for the world.

The presence of large number of teams and ideas that they implement increases possibility for the new economy to be really new. It means that it would not be the 20th century economy + the Internet, but rather a brand new Economy: a system that has never existed before, the one that creates new patterns for people interaction in virtual reality.

And we are making our own contribution to this new economy. A reliable cryptocurrency is a must, but it is not enough. After developing the Bytecoin Core we moved our focus to creating the add-ons that would be convenient for users and businessmen, for all those who will create the new economy by becoming a part of it!

Welcome to the new Bytecoin website:

Bytecoin Roadmap

Bytecoin software is presented with two development branches, Bytecoin Reference Client and Bytecoin Wallet. The first one refers to the original CryptoNote console daemon and simplewallet binaries, while the latter is the graphical wallet for end-users. Bytecoin Wallet roadmap depends on Bytecoin Reference Client features, so versioning is the same for both Bytecoin branches.

Here is the visual representation of Bytecoin roadmap. The features are briefly covered below. 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. We aim to significantly improve CryptoNote protocol and give birth to broad ecosystem on top of Bytecoin network.

The majority of the updates has been discussed with CryptoNote team members to ensure that our work is aligned with their philosophy and vision. However, it is completely up to them to decide which of them should be included into CryptoNote's official codebase and become part of CryptoNote's core features.

There are going to be more great features coming out this year. It's high time CryptoNote technology become more user-friendly to ultimately drive mass adoption to the platform and all CryptoNote currencies. Even though the cryptographic protocol behind CryptoNote's anonymous transactions is well-tested and robust, there is still a lot of work ahead. That is why Bytecoin team puts a lot of effort to make whole CryptoNote ecosystem reach a radically new level.

You may follow the progress on Bytecoin website. The page is going to be updated with each Bytecoin release.

v.1.0.3

Low-level API for ordinary and multisig transactions

Bytecoin low-level API interface provides 3rd party developers with a flexible access to CryptoNote transactions engine. It covers CryptoNote's core functions that allow to create, validate, sign, and broadcast any kind of transaction including multisig.

Instant transaction notification

With this feature CryptoNote transactions become real-time. When Alice broadcasts her newly created Bytecoin transaction to Bob, his wallet will immediately recognize it and update Bob's pending balance before the transaction is included in the blockchain.

Simplewallet migration to high-level API

Legacy simplewallet code is completely re-written with the new high-level API libraries. This allows new Bytecoin simplewallet to process blocks and transactions 20% faster. It also acts as a showcase for Bytecoin high-level API for wallets. As for the user experience, it still the same CryptoNote wallet you're all used to, with a whole new engine under its hood.

In-process INode for applications

INode interface is Bytecoin's high-level API library that provides network node functionality. Its in-process implementation allows to launch an instance of Bytecoin daemon inside any C++ application. As an example, it allows Bytecoin Wallet to run a native network node. What's more, if you have a local Bytecoin daemon running, INode will connect to it rather than create a new in-app instance. This update marks the start of Bytecoin lightweight wallet development, a long-awaited feature in CryptoNote ecosystem.

Bytecoin GUI Wallet

Bytecoin team has designed an elegant graphic wallet. Bytecoin Wallet is much more than just a user-friendly implementation of simplewallet's functions. Our team has spent months prototyping, running A/B tests, and focus groups. The result is the well-polished application focused on user experience.

v.1.0.4

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.

Daemon refactoring and optimization

The data serialization code among various CryptoNote components is significantly updated. This feature improves Bytecoin code maintainability and is extremely important for future updates. It enhances CryptoNote code modularity and allows Bytecoin team to tremendously increase software test coverage.

Improved console logging

Bytecoin logging module is largely updated and standardized, both in daemon and simplewallet.

Color themes

This update provides Bytecoin users with a new set of color themes for Bytecoin Wallet. Even though our main focus is hardcore protocol features, we believe it's time for CryptoNote to become more user-friendly.

v.1.0.5

Multiple wallet addresses

Multiple wallet addresses is a secure scheme for CryptoNote transactions identification. Implemented in payment gateway, it takes payment processing to a whole new level. It may well be the largest update to CryptoNote cryptographic protocol since 2012.

New network library

CryptoNote network layer is being migrated to a new library. Unlike epee library that has been used previously in all CryptoNote currencies, the new solution makes node's behavior much more predictable in runtime. This update splits CryptoNote network and worker threads and is a prerequisite for further multi-threading behavior optimization.

Network-wide real-time transactions synchronization

This feature allows Bytecoin nodes to synchronize their transaction pools (transactions that are not in blocks yet) network-wide. It improves network stability by addressing multiple sophisticated cases for newly created CryptoNote transactions. It also lays ground for the upcoming transfer features.

High-level API for blockchain explorer

This API interface provides Bytecoin blockchain explorer functionality for any C++ application. It further decentralizes Bytecoin's infrastructure allowing anyone to easily implement block explorers reducing the dependence on other CryptoNote service providers.

In-wallet blockchain explorer

A native blockchain explorer is coming right to your Bytecoin Wallet. It simplifies user experience, since all you may wish to know about Bytecoin is already in your wallet.

Various work in progress

Full daemon refactoring

This is another significant daemon refactoring that improves CryptoNote code modularity. It also increases blocks and transactions processing speed by roughly 15%.

Instant transaction notifications through proxy INode

Instant transaction notification is coming to the proxying node module. The latter is the INode interface implementation for wallets to work with remote daemons. This is an important step towards Bytecoin lightweight wallet.

On-blockchain alias

Bytecoin team aims to give on-blockchain aliases a new perspective allowing you to create aliases for basically whatever you want.

P2P layer refactoring

This update isolates CryptoNote p2p and cryptocurrency protocols to further improve testability, modularity, and reliability. This update allows to create any p2p project on top of CryptoNote's network layer.

Daemon synchronization speed x10

The ambitious goal is to improve the speed of Bytecoin daemon synchronization from scratch by 1000%. After this update there will be no need to distribute blockchain files, since there will be no time difference between synchronizing with the network and downloading blockchain from a server. This is the greatest CryptoNote technology speed optimization of all times.

Block relay speed x5

The updated CryptoNote p2p layer allows to polish the way the blocks are relaid across Bytecoin network. We expect block propagation speed to increase by the factor of 5.

Lightweight wallet

Lightweight wallets are able to operate with any network daemon that has allowed external applications access, and exchange wallet peerlists. They minimize the resource requirements and allow Bytecoin wallet to run on a large variety of platforms.

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.

Alerts
Alerts are a handy feature to ensure that all Bytecoin network nodes are notified on software updates and important notes from Bytecoin developers.

SOCKS-proxy for wallet
Native SOCKS-proxy support for Bytecoin wallets connected to remote daemons.

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.

Turing-complete language for on-blockchain scripts
This update is on the early prototype stages. We aim to provide a brand new Turing-complete language and an interpreter capable of powering CryptoNote's smart contracts.

Further reading

Bytecoin website
What is Bytecoin?
Bytecoin Blog
Bytecoin developers documentation

CryptoNote website
CryptoNote technology explained
CryptoNote whitepaper

Should you have any questions, feel free to contact us anytime.

Thanks for the great info. If you release everything on the list Bytecoin is going to be a very perspective coin!

+ To the moon!

mdegreffe

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