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myarbrough@oreilly.com 2014-11-18 12:42:06 -08:00
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@ -241,12 +241,12 @@ Proof of stake is a system by which existing owners of a currency can "stake" cu
===== Bytecoin ===== 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 * Block generation: 2 minutes
* Total currency: 184 billion BCN * Total currency: 184 billion BCN
* Consensus algorithm: Cryptonight Proof-Of-Work * Consensus algorithm: Cryptonight proof of work
* Market capitalization: $3 million USD in mid-2014 * Market capitalization: $3 million in mid-2014
===== Monero ===== Monero