Statement from the CryptoNote team

Aug 21, 2014

Greetings to all the members of the CryptoNote community and those who are interested in the technology. This message is our response to the recent developments and speculations within the CN community. Before we get to the point we’d like to reassert our firm commitment to the long-standing philosophy behind CryptoNote. Everything we do is for the sake of technology, and we take great joy as we progress towards our goal.

The initial efforts at CryptoNote development go back as far as 4 years. Some great minds were involved in its creation. More than two years ago the first implementations of CN technology were unleashed on the world of cryptocurrencies and from that moment forward the community that was forged around our vision and values grew exponentially.

What is currently going on within the CN community hardly resembles the harmonious state of mutual respect and synergy that once ruled over the CN coins. Someone clearly is instigating hostility. Moreover, the CryptoNote website has recently been exposed to illegal access by malicious users, which is absolutely unacceptable. Some data stored on have been vandalized and is now temporary unavailable until the internal investigation is completed.

Discussion thread:

Having thoroughly reviewed the situation around certain CN currencies, the CryptoNote team would like to issue the following statement:

• It is the official position of CryptoNote that our technology has been created to bring positive changes into the current financial system by providing tools that have never existed before. The technology is what concerns us the most. We are not to be distracted or misled by the speculative rumors and strongly suggest you to follow suit.

• CryptoNote is not a cryptocurrency and has not been designed to be one. The only CryptoNote currency that the CryptoNote team officially endorses is CryptoNoteCoin, which has zero commercial value and serves educational purposes only.

• We consider all the name-calling and finger-pointing that has taken place on certain internet discussions as inappropriate and harmful to further development of the CryptoNote technology.

Over the years CryptoNote has had to overcome a great number of obstacles but those striving so desperately to deter the advance of new technologies are doomed to fail. We are strong believers in the power of innovation and there is no way to stop the CN development. 

Discussion thread: