The CryptoNote/Bytecoin Scam - Reading Assignment

Privacy Coins - Ultimate Course
#201

1-Bytecode was apparently released on April, 2012.
2-Cryptonote was actually released on March, 2013 (apparently on the 13th?)
3-Monero(Bitmonero back then) had the advantage of having devs with skills and reputation recognized by the community working on it, ‘plus a bunch of other people contributing code means that they’re sanity checking each other.’ (quoting since I liked how he/she put it :wink:
4-1.20078494 BTC was received by the post author, ‘rethink-your-strategy’.

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#202

  1. Based on Section 2, ‘The Alleged CryptoNote/Bytecoin Story’, when was Bytecoin released?
    April 2012.

  2. Based on Section 4, ‘Indisputable Facts’, when was CryptoNote v2.0 actually released?
    September 2013

  3. Based on Section 7, “Layer after Layer’, why was Bitmonero/Monero successful when other Bytecoin forks weren’t?
    Monero is way ahead because of the way they’re developing the currency, but mostly because the core developers are made up of reasonably well-known people.

  4. The post author leaves their Bitcoin address for donations. How much BTC did they receive in 2014? (hint: use a blockchain explorer)
    1.2 BTC

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#203

1. Based on Section 2, ‘The Alleged CryptoNote/Bytecoin Story’, when was Bytecoin released?
April 2012
2. Based on Section 4, ‘Indisputable Facts’, when was CryptoNote v2.0 actually released?
September 2013
3. Based on Section 7, “Layer after Layer’, why was Bitmonero/Monero successful when other Bytecoin forks weren’t?
Developers are known and there is a community of developers keeping each other in check.
4. The post author leaves their Bitcoin address for donations. How much BTC did they receive in 2014? (hint: use a blockchain explorer)
1.2BTC

#204

Based on Section 2, ‘The Alleged CryptoNote/Bytecoin Story’, when was Bytecoin released?

April, 2012

Based on Section 4, ‘Indisputable Facts’, when was CryptoNote v2.0 actually released?

March 2014

Based on Section 7, “Layer after Layer’, why was Bitmonero/Monero successful when other Bytecoin forks weren’t?

They werre successful because the core devs were known within the crypto community.

The post author leaves their Bitcoin address for donations. How much BTC did they receive in 2014? (hint: use a blockchain explorer)

The address received 1.2 BTC in 2014

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#205
  1. April 2012
  2. March 2014
  3. Bitmonero/Monero was successful when other Bytecoin forks weren’t because the core developers were well-known people in the cryptocurrency community, which garnered more trust from the community.
  4. 1.2 BTC