Bytecoin introduces public testnet

Private cryptocurrency project, Bytecoin is going to release its public testnet on July 10 as 3rd and 4th quarters of 2018 promise to be the platform launch dates
19 May 2018   1485

Bytecoin along with its Bytecoin network will become available for users to test them out via the public testnet. The release is scheduled for July 10. The development team states that 'big plans' are kept for the 3rd and 4th quarters of 2018.

After the release of the stable API, it seems the progress was stalled for a bit: according to the blog post, the hard fork procedure is delayed as Bytecoin Network suffered from severe lags on May 8–10 and the dev team is trying to make the hard fork more secure and stable. With the public testnet, the Bytecoin community will be able to see the real life operation of the 'hard-forked' platform. Moreover, P2P protocol won't have to undergo any additional update process once the hard fork is complete.

It’s very important for us to know your thoughts and ideas about the new releases as that will be act as a direct bridge between the community and the development team.


Yours truly, Jenny and the Dev Team

Excerpt from Bytecoin Roadmap announcement

Regarding the market parameters of Bytecoin at the moment of publication, they are as follows:

Average price USD 0.009004
Market cap USD 1,655,663,465
Volume (24H) USD 18,687,800

GRAM May be Traded at Liquid at Triple ICO Price

Bloomberg says that Telegram tokens, that may appear at Liquid will be sold by Gram Asia at $4 per token, but there's no official info from Telegram
04 July 2019   878

Even before the official public release of the cryptocurrency of the messenger, Telegram can increase in price by 200% relative to its value during the initial offer of coins. It is reported by Bloomberg.

As previously reported, Telegram tokens may appear on the Liquid Bitcoin Exchange already on July 10. The distributor is Gram Asia, which calls itself the largest holder of GRAM tokens in Asia. It intends to put up for sale rights to cryptocurrency at $ 4 per unit.

At the same time, one of the investors said to the publication that at the time of purchase the price of 1 Gram was $ 1.33.

It is worth noting, however, that after the announcement of the public sale of Telegram tokens to Liquid, the media reported that this intention had nothing to do with the official plans of Telegram.

Then one of Telegram's investors stated that no one has the right to sell tokens before their official launch in accordance with the signed agreement. Moreover, representatives of the popular messenger noted that they first heard about Gram Asia.

Later, CEO Liquid Mike Kayamora admitted that Telegram has no relation to the placement on Liquid: the deal was concluded exclusively between the exchange and Gram Asia, which allegedly is an incubator for the TON project.

The Block's leading analyst Larry Chermak on several tweets expressed skepticism about the announced Telegram tokenale based on the Liquid stock exchange, saying that he would “think twice before making a decision to invest.”