Organization:Bytecoin (cryptocurrency) - HandWiki

Why do I believe it was BCN destiny to be born in 2012?

Why do I believe it was BCN destiny to be born in 2012? Just look at this and see yourself:
1983 - Blind signatures were invented by David Chaum link 1997 - HashCash (proof of work system) was invented by Adam Back link
2001 - Ring signatures were invented by Ron Rivest, Adi Shamir, and Yael Tauman link
2003 - Mart n Abadi, Michael Burrows, and Ted Wobber presented "Moderately hard, memory-bound functions"link
2004 - Patrick P. Tsang and Victor K. Wei presented their paper "Short linkable ring signatures for e-voting, e-cash and attestation" link
2005 - Matthew Franklin and Haibin Zhang with "Unique Group Signatures" study link
2005 - Exponential memory-bound functions for proof of work protocols by Fabien Coelho link +2006 - "Traceable Ring Signature" by Fujisaki and Suzuki link
2008 - Bitcoin whitepaper by Satoshi Nakamoto link
2009 - Stronger key derivation via sequential memory-hard functions by Colin Percival link
2009 - First Bitcoin block was generated
2010 -2012 - Bitcoin Anonymity Problem Discussions link
2011 - An Analysis of Anonymity in the Bitcoin System, Fergal Reid and Martin Harrigwere link
5/15/2012 - Dorit Ron and Adi Shamir made Quantitative Analysis of the Full Bitcoin Transaction Graph link
6/8/2012 - Bytecoin Wiki started link
6/30/2012 - Bytecoin launch announcement link- first news
7/4/2012 - First BCN block was generated link
8/6/2012 - Destination Address Anonymization in Bitcoin (one-time addresses in BCN) link
10/19/2012 - Evaluating User Privacy in Bitcoin by Elli Androulaki, Ghassan O. Karame, Marc Roeschlin, Tobias Scherer, Srdjan Capkun. link
12/12/2012 -CryptoNote whitepaper v 1.0 link
12/13/2012 - Analysis of hashrate-based double-spending, Meni Rosenfeld link
10/17/2013 - CryptoNote whitepaper v 2.0 link
Here we see how the technology logically came to the advent of cryptocurrencies with ring signature and memory-bound function PoW implementation. Soon after Bitcoin's release the community started to raise concerns about its anonymity with multiple solutions and propositions. High concentration of theoretical papers on these topics in 2009-2011 most probably spurred the brightest minds to make attempts of practical e-cash with ring signatures realization. Therefore, BCN couldn't but appear in 2012.
Based on
submitted by joethejudge77 to BytecoinBCN [link] [comments]

IOHK  Consensus protocols - proof of stake and proof of work Bitcoin To Hit $100,000, Max Keiser Doubles Down - Part 1 ... How Does Bitcoin Make Money IOHK  The Daedalus platform Crypto Evangelist: Bitcoin - Like Every Asset - Is A Confidence Game  CNBC

The RC algorithms are a set of symmetric-key encryption algorithms invented by Ron Rivest. The "RC" may stand for either Rivest's cipher or, more informally, Ron's code. Despite the similarity in their names, the algorithms are for the most part unrelated. There have been six RC algorithms so far: RC1 was never published. Bytecoin is an open source software. Crypto currency uses the principle of Proof-of-work ("Proof of work performance"). The algorithm for mining in Monero differs in that it actively uses the AES command system for x86 microprocessors and a large amount of memory, which makes mining on the GPU less efficient than for Bitcoin.. It uses the unique CryptoNight algorithm. Bytecoin (BCN) ist die erste CryptoNote-basierte Kryptowährung, die im Juli 2012 eingeführt wurde.CryptoNote Technologie bietet absolute Anonymität für Bytecoin mit Ring-Signaturen und einmaligen Adressen. Diese Art von anonymen Transaktionen macht es nahezu unmöglich, die Absender- / Empfängeradresse herauszufinden. Gegenwärtig sind die Entwickler von Bytecoin am aktivsten, so dass ... 2001 - Ron Rivest, Adi Shamir und Yael Tauman haben der kryptographischen Gemeinschaft Ringunterschriften vorgeschlagen. 2004 - Patrick P. Tsang und Victor K. haben vorgeschlagen, das Ringsignatursystem für Abstimmungen und elektronisches Bargeld einzusetzen; 2008 - Bitcoin-Whitepaper von Satoshi Nakamoto; 2011 - Eine Analyse der Anonymität im Bitcoin-System, Fergal Reid und Martin Harrigan ... Peppercoin is a cryptographic system for processing micropayments. Peppercoin Inc. was a company that offers services based on the peppercoin method. The peppercoin system was developed by Silvio Micali and Ron Rivest and first presented at the RSA Conference in 2002 (although it had not yet been named.) The core idea is to bill one randomly selected transaction a lump sum of money rather than ...

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IOHK Consensus protocols - proof of stake and proof of work

'Comments and Observations about Timelocks and VDFs' by Ron Rivest of MIT. VDF Day '19 - Duration: 15:38. MIT Digital Currency Initiative 366 views Skip navigation Sign in. Search Long-term fundamentals, as well as medium-term monetary policies, all contribute to a bullish environment for bitcoin, this according to Max Keiser, host of ... Leading cryptographers at the conference included Whitfield Diffie, pioneer of the public key cryptography that made Bitcoin possible, and Ron Rivest, Adi Shamir, and Leonard Adleman, who came up ... Onecoin promised the world, but only proved to be a trail of destruction. --- About ColdFusion --- ColdFusion is an Australian based online media company ind...