diff --git a/ch09.asciidoc b/ch09.asciidoc index dd81cd36..3b889fdc 100644 --- a/ch09.asciidoc +++ b/ch09.asciidoc @@ -241,12 +241,12 @@ Proof of stake is a system by which existing owners of a currency can "stake" cu ===== Bytecoin -((("Application Specific Integrated Circuit (ASIC)","Bytecoin and")))((("Bytecoin (BCN)")))((("Graphical Processing Units (GPUs)","Bytecoin and")))Bytecoin was the first implementation spawned from CryptoNote, offering a viable anonymous currency based on the CryptoNote technology. Bytecoin was launched in July of 2012. Note that there was a previous alt-coin named Bytecoin with currency symbol BTE, whereas the CryptoNote-derived Bytecoin has currency symbol BCN. Bytecoin uses the Cryptonight Proof-Of-Work algorithm, which requires access to at least 2 MB of RAM per instance, making it unsuitable for GPU or ASIC mining. Bytecoin inherits ring-signatures, unlinkable transactions, and blockchain-analysis resistant anonymity from CryptoNote. +((("Application Specific Integrated Circuit (ASIC)","Bytecoin and")))((("Bytecoin (BCN)")))((("Graphical Processing Units (GPUs)","Bytecoin and")))Bytecoin was the first implementation spawned from CryptoNote, offering a viable anonymous currency based on the CryptoNote technology. Bytecoin was launched in July 2012. Note that there was a previous alt coin named Bytecoin with currency symbol BTE, whereas the CryptoNote-derived Bytecoin has the currency symbol BCN. Bytecoin uses the Cryptonight proof-of-work algorithm, which requires access to at least 2 MB of RAM per instance, making it unsuitable for GPU or ASIC mining. Bytecoin inherits ring signatures, unlinkable transactions, and block chain analysis–resistant anonymity from CryptoNote. * Block generation: 2 minutes * Total currency: 184 billion BCN -* Consensus algorithm: Cryptonight Proof-Of-Work -* Market capitalization: $3 million USD in mid-2014 +* Consensus algorithm: Cryptonight proof of work +* Market capitalization: $3 million in mid-2014 ===== Monero