Bitcoin Forum

ABOUT

BPoS Blackcoin's original fully Proof of Stake security that revolutionised the industry and Proof of Stake technology.
AUSTRIAN CONSENSUS Designed with the stakeholder in mind. The consensus is done based on the weight of your stake.
ECO-FRIENDLY No more power hungry mining hardware.
TRANSPARENT LEDGER Everyone shares the bank history, so it's entirely transparent.
FAST TRANSACTIONS You can send money to anyone in the world within seconds.
OPEN SOURCE The software (wallet) is open source, so its safety can be audited.
OPEN COMMUNITY No more single points of failure. Anyone is free to come and go.


ADDITIONAL FEATURES

ATOMIC SWAPS (https://twitter.com/janko33bd/status/941738542753046528) Cross-chain swapping of Blackcoin is now here with other supported digital currencies.
IRIS (https://iris.blackcoin.io/) Iris is a multi-signature wallet with a colored coins support. Create your assets on the Blackcoin network.
PAYBLK (https://payblk.blackcoin.io/) Easy-to-use, open-source, multiplatform (supporting 7 platforms), multisignature, secure Blackcoin wallet platform for both individuals and companies.
BLACKHALO (http://blackhalo.info/) BlackHalo is the world's first fully functional contracting software. Eliminate theft and deception for good, using BlackHalo's unique double deposit system.
BLACKSIGHT (https://node.blackcoin.io/insight) Blacksight is an open-source BlackCoin blockchain explorer with complete REST and WebSocket APIs.
BLACKCOIN PLAYGROUND (https://obsidiancvt.com/playground/#/address) Interactively learn the fundamentals of Blackcoin using the Blackcore JavaScript library.


COMMUNITY RESOURCES

WEBSITE (https://blackcoin.org/)
BOUNTIES (https://blackcoin.org/bounties/)
REDDIT (http://www.reddit.com/r/blackcoin)
TWITTER (https://twitter.com/BlackcoinOrg)
TELEGRAM (https://t.me/blackcoin)
GITTER (https://gitter.im/BlackCoin_Hub/)
IRC freenode.net #blackcoin
QQ 21670486


EXCHANGES

BITTREX (https://www.bittrex.com/Market/?MarketName=BTC-BLK)
SHAPESHIFT (https://shapeshift.io/)
UPBIT (https://upbit.com/exchange?code=CRIX.UPBIT.BTC-BLK)
CRYPTOPIA (https://www.cryptopia.co.nz/Exchange?market=BLK_BTC)
TUXEXCHANGE (https://tuxexchange.com/trade?coin=BLK&market=BTC#)
COINEGG (https://www.coinegg.com/blk/)
BLEUTRADE (https://bleutrade.com/exchange/BLK/BTC)
BIT-Z (https://www.bit-z.com/trade/blk_btc)
LIVECOIN (https://www.livecoin.net/)
COINEXCHANGE.io (https://www.coinexchange.io/market/BLK/BTC)


SPECIFICATIONS

Max reorganization depth 500 blocks
Block time 64 seconds
Difficulty retarget every block
PoS Reward 1.5 BLK
Min transaction fee 0.0001 BLK
Confirmations 10
Maturity 500
Min stake confirmations 500
P2P port 15714
RPC port 15715


Initial Proof of Work phase

Algorithm Scrypt
Block reward 10000 BLK, no halving
Max height 10000 (after this network will not accept PoW)

reserved

reserved

reserved pool #2

Russian translation reserved, if needed

Where is the block explorer link?

Is any mining pool active yet?

I think PoW already over. Old coin.

This is one of the first altcoins with a multitude of altcoins forking it's code over the years. PoW phase is well over.

block is 4 yeahs ago,so big.........
什么鬼

ok thanks  :)

Relaunch or repost?

Are you Chinese?

relaunch maybe  ;D

My god! The website only has chat entrance! No information about this project and scrip!

what r u talking about, buddy. site is overfilled with info.

Interesting project. It seems that the speed of transactions is high and its cost is low. I do not understand what kind of funny slider? BLK from 0 to 500?

https://chainz.cryptoid.info/blk/

Why the new thread ?

Going to try skirt around the drama, but long story short, developer abandoned the project, renamed Blackcoin and is forcing a fork without consensus. Being Blackcoin's birthday, suiting for us to continue without him and wish him all the best.

Blackcoin is 4 yrs. old as of yesterday with continuous and current ongoing development and a thriving community. There is no mining and no miners to support or to use their power to extort the devs and community with. Blackcoin uses its "proof-of-stake" (PoS) operation to protect its blockchain in place of the miners. By maintaining an open wallet on your running computer the user is rewarded with staking coins. The more Blackcoin you have in your wallet the more frequently you will receive a stake reward. With its age, PoS operation, and its active community Blackcoin has a lot to offer and well worth investigating. We have a lot going on.

hi dev, do you have any calculator for pos reward ?

On the website there is a slider that calculates over the year, compound interest.

EXCHANGES

BITTREX
POLONIEX
SHAPE SHIFT
UPBIT
CRYPTOPIA
TUXEXCHANGE
AEX
COINEGG
BLEU TRADE
BIT-Z
LIVECOIN
COINEXCHANGE.io

When I read something like this I know it's scam. it's a shit coin and the dev is a dreamer. good luck with these crap

Those are links to every single exchange market we are on, click them. This coin isn't new. We've been around since baby days.

Need a Dutch translation :) ?

Made yourself look a bit silly with those comments mate

This coin has celebrated 4th anniversary yesterday. It is still favorite of many people and once SEC will take action against ICO's tokens we wil see reverse trend towards these coins. Blackcoin will shine once again with full light like it was doing in previous years.

Aye! Fair launch for all. Proof of Stake likely will get it's hay day again eventually. Everyone is all about mining but the typical cycle goes once it is no longer profitable, people explore PoS.

I think it's worth noting that Blackcoin does still have active developers doing amazing stuff and have been doing so for years while the original guy who launched the coin faded into obscurity. Blackcoin is a pure community driven effort, a totally unique proposition in this day and age. And has proven itself over 4 years as reliable and solid. Maybe this thread will find some people who've never heard of it. It's worth getting involved, anyone can make a difference here.

Hahaha! You got that right. Noobs gotta noob though.

That's key here. Nobody has leverage on this coin. Not even the original developer is able to control and use it for his agenda. That's quite impressive.


I don't like the calculator on the website. It's confusing newcomers and it doesn't specify what conditions it uses. 

However, here's how you can predict how much interest you will get on a full year staking: 

The staking reward is 0.98% annual interest.
This inflation is distributed according to network weight.
Typical network weight fluctuates between 18m and 21m coins staking.
There are 76.7m coins in circulation right now.  
76.7 / 18 = 4.3% annual interest
76.7 / 21 = 3.6% annual interest  

Which means that you can expect between 3.6% - 4.3% dividend on your wallet amount.

The DrDolittle guy is (unless someone else managed to obtain not only the 2 accounts on here but also the original BLK address) rat4, the original developer of BlackCoin.
While he used to communicate with the community and other developers in the past, he suddenly ceased to do so.
Other devs, most notably janko33, started to build a new wallet, integrated colored coins, atomic swaps and so on on top of the original BLK protocol - w/o rat4/DrDolittle - as they had to assume that he abandoned the project (read the posts of the last days to get a feeling for it).
Totally out of the blue rat4/DrDolittle announced that BLK will no longer be BLK and is going to be forked into "BlackNet", obviously assuming that everyone, including exchanges and the community, will follow.

Current situation is:

1. BLK will continue according to the plans and works of janko33 and his group, with BLK being updated to include the improvements from the latest bitcoin core base. That version of BLK will (also) require a fork but stick to the current BLK PoS protocol that is proven by BLK itself and a couple of thousand forks. We do believe, that that version will stay listed on the exchanges.

2. rat4/DrDolittle will at some point "take a BLK snapshot" and fork into his "new Blacknet", though nobody but him (and maybe his secret circle) knows what that is going to mean, what technology it is going to use, if and how it is going to be tested in public etc. You can at this point only obtain Blacknet coins/token/whatever by holding BLK at the moment of the not yet announced snapshot.

Hope that helps,
@janko/gritt feel free to correct me if I am wrong with anything, due to family stuff I could not follow our gitter and other sources closely.

this post is copied from the original BLK thread.

Lovely, let's get Iconic Expert on board for added nostalgia.

Thanks for putting BLK back in my radar though, didn't know there were any dramas.

How about we skip the IE part, once was enough. Right now we're working on what we need to to keep Blackcoin strong and relevant. Part of that involves moving away from a single dev to a dev team, that was not an intentional part of the plan but when your original dev seemingly abandons you with zero communication there is no other choice if you want to keep the project alive. Nobody is wishing ill on rat4, in fact, we wish he were still a part of the team but things moved on in his absence out of necessity.

I also wish that rat4 would still play a part in Blackcoin's development. But we can't wait forever as Blackcoin needs to go forward to face the evergrowing competition. Janko33 has been doing great job and I have utmost trust that he will continue to do that. We might re-evaluate this situation once rat4 can produce detailed explanation about future of BLK and his attendance.

This reflects my sentiments too. If he makes a 360*, even on new chain, I wouldn't mind providing support to both projects. But at this time, seems unlikely.

Huge BLK  8)

Circle has bought Poloniex for $400m.
http://fortune.com/2018/02/26/circle-cryptocurrency-trade-bitcoin/ (http://fortune.com/2018/02/26/circle-cryptocurrency-trade-bitcoin/)

BLK has been listed on Polo since 2014, should receive some more attention once the institutionals start diversifying and Circle is a great in-road for them :)

Yeah, quite good news for sure.

Thats a nice price Poloniex got, probably a good thing for them to have  revamp or whatever.



There are mining pools which will play in BLK if you request it.   I just exchange manually, the coin is not mined directly only via Stake in a wallet

Explorer
https://chainz.cryptoid.info/blk/
https://prohashing.com/explorer/Blackcoin/




   This looks like a new thread maybe but its just refresh of a forum presence on Bitcointalk since 2014.    Load up or google Bittrex and Blackcoin is on the front page.   Its been listed for donkeys years, do a little more research or you will miss out on some genuinely good projects.   Do people just trash talk new threads, I guess.

There is no mining on this coin except if maybe via mine ETH or whatever and then exchange it across, all wallet holders then Stake which is very low power idle type mining I think it can be described or interest on your balance is how I view it.  The BLK price was a fair bit higher in Jan then now, its not especially late to build up a stake even if just noticing BLK now imo

Another explorer: https://bitinfocharts.com/blackcoin/

Gritt, could you add all of these explorers to OP?

not very bad volume on bittrex. But there is only one question. The coin is 4 yo. Why was the topic created only now?

The current volume is actually extremely low (as always when BTC is going up or down).

The original thread is this one  (https://bitcointalk.org/index.php?topic=469640) with nearly 2.5 Million visits, please read the last pages there or for a (very brief) summary of the situation this post (https://bitcointalk.org/index.php?topic=3017838.msg31071120#msg31071120) - you will know why there is this "fresh" BLK thread and I don't need to type it all again ;-)

So, I should stick to v1.2.4 for staking ?

1.2.5 was released and is fully compatible with ongoing development of Lore which you can also use. Neither of these clients are breaking away from the “norm” as it stands tho Lore may move away and branch out eventually to continue to progress BLK. The blacknet or whatever rat4/dolittle is doing will be a totally different proposition but not a single line of code has been shown to exist yet.

I think you underestimate their plans. Circle are backed by Goldman Sachs and their aim is to turn Poloniex into a fully legalised and regulated fiat exchange with multiple currency support - a direct competitor to coinbase, meaning onboarding noobs and generating a lot more interest in their offerings.

No idea how I had missed that one.

The latest LORE wallet release is very good, I said this before.  Its totally non hassle for me so gets my thumbs up.   The staking is fine and stable with this last release so I appreciate that.  Of course its upto you which you prefer but it was straight forward for me.  


Well I guessed they would be taking it places.  The price doesnt make sense otherwise, I dont assume they must be successful but its probably good news for all crypto and I hope they are serious about the alt coins including BLK being part of their system.  Will be interesting to watch.

I was having alot of hassle with Poloniex to be honest, it worked but seemed a bit shaky so I gave up on them.   Pretty sure I will have to start an account over, I never verified for years on Bittrex or there anyhow.  Bittrex was speedy enough for me luckily.   The best exchange right now is ?


I suggest to hot link the big BLK logo on the OP to lead to the website.    Just so its not missed where to go for all downloads and more info and so on.   I know theres a link below, but literally a button the size of the page will get more clicks Im sure :)

Your account should still exist at Poloniex, flagged as "Verification status: Legacy" with a withdrawal limit of 2k USD/day (verified accounts have a limit of 25k USD).
Legacy accounts will be frozen at some point in Q1/2018 according to this press release (https://poloniex.com/press-releases/2017.12.27-Notice-to-legacy-account-holders/), it seems most unlikely that the new owner will change anything regarding that verification requirement.

To stake this coin - profitably, how many do I have to hodl?

You can use the calculator on https://blackcoin.co/

Reserved

It's about 4% annual interest assuming a network weight of 19m. The amount of coins you hold don't change the interest percentage. Everyone gets the same.  

The staking process requires negligible energy, wallet runs  >1,0% of the CPU on my pc. It can be run on a casual pc, a laptop or even a raspberry pi.

Ahh the good old days. We had so much fun with the sirs etc. Remember having 750k BLK as most ;)

All the luck and regards dibdab

Have been looking for you good sir!

I read somehwere that janko needed to fork in order to move forward with developments... Is a fork still going to happen for that reason (not referring to blacknet fork)? Should we be preparing for a BLK fork?

Eventually yes, but there need to be tests done to ensure everything is butter smooth. No plans for when that is going to be taking place.

Thanks for your interest.

I want to inform everybody that my prior Bitcointalk account was hacked, I have now added the number 1 to my old name to the new account. As soon as I was notified by Bitcointalk my account had been compromised I locked the old account and from this point on you should not see new postings from RouletteRun. I'm trying to think of a good way to prove I am me. Suffice it to say, you will never see me asking for or seeking funds from anybody on this forum unless it is sanctioned by the community and everybody is fully aware of a community fundraising effort. I'm a noob again.  :'( :'( :'(

And looks like there's a bounty going on for the visually endowed. Going to give it a twirl

Creating tools so Blackcoin can be ruled by the community, no kings like rat or Gritt or me are needed..

https://twitter.com/janko33bd/status/972008857542299648

This coin is 3 years older than your BT-account, mate. And it has a bunch of other PoS offspring that use it's technology. It's now reorganizing it's core team around the members that been active in the project and working on it constantly over the last 3 years.

I sold my all not so long ago. Although I do not exclude it, it will grow even more, but the bubble has already been inflated in my opinion to a dull state. There is no practical application for a coin, and it is necessary to appear a more interesting multi-pool, everything will fall to the ground ..

Nothing outstanding in fact, but the price is very attractive. The wallet is standard, unfortunately I have not found yet confirmed on-line purses (it seems like there is a kriptonator, but I can not get there, since no confirmation comes to any mail)

Hello, saw this new thread for Blackcoin but don't understand what is currently on going with Blackcoin and the old thread what is renewed to blacknet.

how to install blackcoin wallet?
I always failed
I will hold blackcoin and want to mining BLK

Back again, better than ever, stronger than before.
do the author come back again? the author has dissapear long time!

We have always been around. Janko has taken up much of the lead development with his team called Blackcoin "Lore".

Take the Lore wallet
http://blackcoin.co/#downloads

Say something...
 :) :)

New passion for Blackcoin, certainly with the return of the author and take many developers will be a stronger team
and quick to achieve satisfactory results.

On Reddit and Twitter the misery that comes with ICO tokens is slowly starting to seep into the community's awareness. Tokens are going bust, companies like EOS are dumping massive amounts of Ethereum, any holder of such tokens will be the last to know when that shit happens, and by then it will be too late. 

People want stability. And stability comes from lean coins, coins that don't rely on a treasury and/or continuous revenue stream to build their projects.

This is really well said. Thank you. I just joined this forum. I'm interested in Blackcoin. As far as its age. It reminds me of ECC: being an older coin with new things on the horizon. Potential for the price to go up again would you say? That's great that it's listed on so many large exchanges like poloniex, bittrex, and cryptopia. That must make for a lot of volume. Up until today I had not heard of Blackcoin until I saw it had one of the top ratings on Cryptopia (I use cryptopia a lot). cheers. 8)

You should contact Coinmarketcap https://coinmarketcap.com/currencies/blackcoin/#markets to change ann page link.  ;)

I had already, twice. No response.

Hi. Does BLK have a max coin supply by any chance? I'm looking to invest and hodl a privacy PoS coin with a max coin limit. Thanks

Arent those two ideas in conflict.   The POW form of the coin ended years ago, so that part was limited and gone forever if that helps you.  The coin is now all POS where confirmation of transactions involves staking and a small 1.5 Blackcoin reward for the wallet that stakes.   Very simply it would be like a queuing system, or a kind of basic interest yield to holding any amount of coins in a wallet.    
   I've not read any proposal to remove the stake reward but you can see the amount increased is very steady, set amount and known in advance and all the new coins go back to wallet holders, not outside miners or anyone else who doesnt hold BLK.   Its way fairer and more efficient then POW and I seriously think it could take over from POW blockchains in the long run.  That would massively enlarge the market for POS generally if true.

The centre of any economy, FIAT, commodity, national or commerce is efficiency, it can destroy itself from within if not efficient and able to compete in a global market place.  No outside actors are required to make this true, if POS is more efficient then POW and it surely is then this weight of process is on our side long term.   Its very reasonable to take an interest on BLK imo

There are three types of caps:

- No cap
- Soft cap
- Hard cap  

Blackcoin's supply cap is 77m (currently existing) +740k (=0.98%) per year approximately.

The 740k is the staking reward that is handed out to the stakers each year. Everyone can stake. No barriers to entry, no delegates, only fairly distributed coins you can buy your way into.   

This is what we call a 'soft cap'. There's still a limit to the amount of coins can exist  at any given time, but the total supply does gradually increase at a flat rate.  

A hard cap is when there's an absolute limit on the total amount of coins that can ever exist, after which the network runs into a 'wall' where the network costs will have to be paid through a different means, usually transaction costs.  

Then there's the 'no cap' coins. These are centralized coins (usually ICO's) that can create new coins out of thin air whenever they want to because they own  100% of the consensus.  


---
Ultimately this boils down to the question 'Who pays for the network?'  

- No cap coins are to be treated like companies over which the 'shareholders' have no control over. Everytime they create new supply for themselves they are essentially letting everyone pay for it by inflating their amount. Nobody is able to tell when and by how much other than the core team.  

- Soft cap coins have a clear and stable answer to the question. BLK answers with 'All holders pay 0.98% (to the stakers) per year for the network. If you want to be part of the recipients, then stake, it's easy, cheap, and we encourage it'.  

- Hard cap postpone the answer to the question, often far away into the future. Until then that cap is reached, they are under (often heavy) inflation, and when they finally reach the end, the transaction costs will soar to pay the miners or the stakers. This is perverse, it discourages people from actually making the transactions, the very thing crypto was invented for in the first place.  

---
BLK choses this small and stable inflation to keep transaction costs low but enough to encourage as many people to stake. Currently almost one third of all the coins are staking. It's a delicate balance but I think BLK has nailed it.  

The only thing that can be improved is changing the 740k per year to a relative amount, just make it 1%. This means that the proportional inflation will stay the same rather than decrease as time goes on. If 1% is what we consider a good incentive right now, then so should it be in 100%. But this is a subjective point, I fully appreciate other view points on this last bit.  

I'm very happy to see this project finally come to fruition, this gotta be one of the best thing that could have happened. I am very happy about this. Good job everyone :D :D

Nice to see this back again ...

We will be watching with anticipation.

#crysx

After 4 years it's still my most favourite project by far. Whereas all other coins are trying to tack on more bloat and perverse mechanics, BLK keeps homing in on total minimalism. But hey, if 'back again' works better for marketing purposes then whatever, let's roll with that.

the idea of the project impresses with its uniqueness and openness.An additional plus in the development of the platform is the lack of physical boundaries between the employee and the employer.This factor will only help to make greater use of the platform's capabilities.

If the BLK Team adds Binance as a new exchange it will be perfect.
All investors will go to BLK and pump prices.

Yeah would be great. They want investment to be private as they require an entry price. Maybe we'll do a pot until minimum is hit, but they don't typically want those numbers publicly known.

BLK is the only coin that the community truly owns 100%.  

There's no other coin that gets PoS completely right. In order for PoS to stay decentralised, it needs to start out fair so that it stays fair. This is because the power of staking is directly linked to the share of coins someone has in the network.    

For PoS to work it needs to meet several conditions:  

- Even dispersion
- No exploitable features (like coinage)  
- No unfair advantages to a singular party.  

If these conditions aren't met, then we enter in a 'rich get richer' situation where a small group accumulates power and wealth and starts controlling the network. Almost every competing PoS coin manages to fuck it up in one way or another, quite impressive actually.

BLK, however, checks all these boxes. BLK stripped away the protocol to it's simplest form, leaving no mechanics that give anyone an edge in staking (and voting), the devs got 0 BLK from the launch, they rely on donations from the community (there's a new crowdfunding feature that will streamline this further).  

The way BLK is set up is ideological, and so far everyone who truly 'gets' this ideal ends up having no other choice than to love this coin.

And it shows! Two months ago the founder of BLK tried to co-opt the coin for his own purposes, the community didn't agree with his lack of transparency and his unclear motives, and thus he wasn't able to do anything. Anything he would do to the coin would end up being an unsupported fork that would have to continue as a whole new coin. It's a powerful case as to who truly decides what happens to the coin: It's us. We own it. We decide.  

There's just always something wrong with mining. Either miners are too powerful or apathetic, or there's these ASIC exploits. In the end mining means users paying a network cost to those who don't use their coin. That's so perverse.  

The crypto sector as a whole is only slowly starting to understand that Proof of Stake will end up being the only option to truly secure value in decentralised network. Everything relies on having as much power in as many hands as possible.

When you realise that Proof of Stake is the only way and why it's the only way, then there's simply nothing that beats BLK.

I love every case point that you have made. I will have to save this comment!

One point I think needs to be discussed is the flat staking reward. This causes for a decreasing inflation rather than an inflation that stay proportional to total supply.  

With 1.5 BLK per block every 64 seconds, BLK inflates 739,125 per year. That's 0.97% right now, but because it's a static amount each year, this inflation will get lower relative to the total supply.  

So while BLK inlfates, the staking rewards do not.  

I don't think that's a very elegant system. If we agree that 1% inflation is reasonable (which it is) then that should apply in perpetuity. In other words. Each block needs a small increase on the staking reward to keep up with the increasing supply.  

But of course, only if the community reaches consensus on such a change. 

In this situation it is better to wait for the situation to be cleared. If I want to buy at any exchange and when to withdraw what will be the coin I receive ? It seems there is some kind of struggle by both sides to take control over the source and project. I am just watching without rushing anything as this is correct way.

I wouldn't worry. Rat really screwed his plan up diplomatically already. You will get Janko's build (the one that has seen consistent updates and improvements for years now). Here's how it works, there are three possibilities:  

- Rat convinces the consensus his build is BLK and the old fork (ours)  is to be called 'Blacknet'  
- Rat doesn't convince the consensus, BLK stays BLK but he'll get a fork that exchanges support called 'Blacknet'  
- Rat doens't convince the consensus, BLK stays BLK, and he also doesn't get the exchanges on board to get his fork supported.  

The first scenario would be the worst for BLK, because it would require rebranding and everything. However, in order to do that Rat would need to convince all the stakers to support his fork. And that's not going to happen, Gritt already made sure of that by informing the exchanges that offer BLK. Exchanges really hate it when someone tries to sneak in a snapshot airdrop under the radar. They'll simply stake their reserves to lock Rat's idea out and it ends all there. IF they're generous and he's more transparent about the snapshot they might, MIGHT, support his second coin, but he really would have to make huge amends to get that done.  

Yeah, i agree, lots of promotion are needed for this platform to work. So far it seems quite nice, i'll be waiting for more updates

Blacknet seems nice? Nobody has any idea what Blacknet is other than Rat. And I doubt he even knows what it is.  

Is the prospect of some free airdrop coin a nice prospect? Sure, but that's not what makes Blackcoin valuable. It's the complete community-ownership that makes it stand out amongst everything else. 

Why do you think that project is enticing and promising?

I respect Rat for creating BLK and launching it way that was so fucking perfect that years later I still wouldn't be able to find it's equal. But the way he communicated and co-opted the original ANN thread leads me to think that BLK's launch was so perfect only be accident, unintentional, a fluke. Maybe that's why no other coin was able to replicate it's success.  

But whatever he's trying to do with Blacknet, I really couldn't care less. I don't see how anyone could be excited for for something that's communicated so poorly.  

Meanwhile we're having one of the most industrious developers in crypto, Janko, really killing it by continuously upgrading the wallet. Not just implementing all the Bitcoin core goodies into the Blackcoin client, but also adding in features specifically for staking (like conveniently letting a locked wallet stake, creating more incentive to keep your node running 24/7) and adding in whole new features like Iris token creation.  

That's what makes BLK enticing. There's hardly any funding and yet the coin is one of the most up-to date and well-oiled machines in the cryptosphere.  

People are working their ass off for BLK in various ways, not because some fat ICO warchest is paying them for as long as it lasts, but because they genuinely believe in this project.

Because no 'core team' is getting a free ride here you have every assurance that any money or effort you're putting in this coin won't end up paying some founder's vacation. Everything you put into it will benefit you as well as the community, without anyone sitting on the throne on top raking in all the money, like what's happening with XVG today, fucking disgusting.  


I've been to modest and too restrained about BLK for way too long. Even if the market isn't recognising it for what it is, this coin is the real deal. 

nice words,i remember this coin i traded them
a couple of years ago, glad to see this topic again here.maybe dev make new project,i  would gladly support him.

It's not that BLK is lacking in projects either. It already has a token creation tool release this year:  

https://iris.blackcoin.io/  

Next step is smart contracts on those tokens. By that point it'll be Ethereum but with the pristine PoS they're trying to figure out for a full year now.  

Biggest challenge is funding due to, again, the whole thing being community funded. For that there'll be a crowdfunding tool, Blacklight that's going to take care of any developers committing to what BLK requires.  

so i bought alot diffrent coins.

the one i like most is BLK though.


thanks to the genious team for being so open about their coin.

appriciate it.

good coin to hold instead of fiat.

Great to see there is still so much active development in BlackCoin.

What language will be used for the smart contracts?

I think that funding will be the biggest challenge indeed, specifically for some more marketing too when the time is right.

I'm not entirely sure to be honest. Janko was talking about it on Gitter a while ago, he was quite opinionated about it but I forgot and. It's probably also going to need some means of distributing the tokens. Like ERC20 has a very simple ICO algorithm. Most of these ICO companies only need to understand those few lines of code to get their circus going.

Last I heard the snapshot would be announced beforehand so you should just carry on as you like.   The wait could be such a long time or forever.    Really I think Rat4 is just a very independent thinker, which has its strengths and weaknesses.  IMO its better to go with a team of development open to ideas and discussion as that is more likely to succeed long term.   I dont know crypto will always have plain sailing, it might see alot of gains but also rough seas along the way.   A team of people is going to more easily succeed.

  In political terms, economic, changes to the wider worlds way of backing its FIAT, trade balance, debt situations & possible wars who knows but the world is going to change alot.    Capital controls such as China have existed in other countries during turmoil,  UK  had this extreme regulation at one point.  In the past USA set prices for food centrally for example it was illegal to sell on a free market, this was in the 70's ; my point being the world can become very uneven and uncertain and leaning on only one person for a protocol is not especially stable in extremes imo.
  Even if crypto didnt exist I expected to see great changes occur anyway, this story goes back decades for me and technology hopefully just helps progression away from bits of paper tied to debt.

The bigger struggle will always be the wider worlds challenges, thats the long term prospects to address

Most coins behave like delicate animals, complex flowers, colorful butterflies, some mythical deer prancing through the woods, niche species that can only survive in a specific habitat with just the right resources, once their revenue stream only sways slightly, they go extinct. You want a coin that needs nothing, an extremophile species that can exist in the darkest most rotten of places, thrive without nutrition and explode in spots where you least expect it. Something like, say, black mould.

It's okay, what will remain is two chains. It's possible that it might cause some reinvigorated interest in Blackcoin. And for many years it has remained a strong project.

My dad is seriously struggling with your chess puzzle book btw. You're torturing him. 

Hahaha thanks. Yes some are too difficult even if you use a computer to assist. That indeed was the idea. But of course it's an art form and tactics/mechanics. I've always loved composing... perhaps that is what attracted me to programming over the past 5 years.

I dont know if someone better placed wants to correct this guy but his idea of Proof of stake seems to be incorrect.  He says Ether is proof of stake ?  He does respond on twitter occasionally I think
https://youtu.be/I4xpZm7JlqU?t=1160

He is giving lectures in many places and is an economist specialised in macro economics.  Formally council for LTCM (foreshadow to Lehmans), he has involvement with the FED but backs gold to take over from Dollar reserve.  He says crypto is money but believes it will fail anyway, would good if he changed his mind on this particular point anyway.  He says byzantine consensus is better then POW or POS

Yeah I'm hearing that a lot on reddit as well. Many people seem to believe that Ethereum is PoS. Though the truth is that Ethereum still has yet to implement it. Their documentation about their PoS research is great though: 
https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQ 

Do you have a new github repo? Last commit was 21 Jan in original one. It does not look like the development continues.

Blackcoin Lore: https://github.com/janko33bd/bitcoin

Just check for yourself how diligently Janko works at this. It's insane really.
https://gitter. im/BlackCoin_Hub/Development

What games are you guys playing. Is there a plan to fork blackcoin.

No games only coding ;)

imminent plan is to go for 0.16 btc base, then quickly update goji, trezor, blackcoinj, pharos, rsk....
other fronts can be seen on redit like restyling, more info, wiki, documentation..
and get some businesses involved too

Recap:
Two people to keep an eye on:  

'Rat'/'Dolittle': Original creator of BLK but really reclusive and non-communicative. Recently appeared after being gone for nearly a year.

janko33bd: Developer who's here since the start but did by far the most development work on BLK since the release. Constantly modernizing the coin and keeping it up with the latest features in crypto (all in the Lore build). Also responsible for the coloured coin for BLK system IRIS.  

Rat made a cryptic announcement about a Blacknet airdrop. No further details whatsoever. Yet at the same time it became clear that he wouldn't accept any updates on the regular BLK chain. We don't know why, and ultimately it doesn't matter, Janko is just able to continue working on BLK through Lore, the major exchanges already side with his build anyway.    

This means that for Rat to be able to do anything at all, he needs to get the community's consensus. He can release an airdrop on BLK or not, but it's not going to affect BLK itself unless he involves the rest.  

So that's where we're at now. You can play the 'time the airdrop' game if you want, people have gotten very rich of it in the past. But truth be told is that Rat is currently the only person who knows what it actually is, and exchanges absolutely don't accept unannounced snapshots which are fraudulent. In other words, although I very much would like to see people buying BLK in anticipation, there's also nothing wrong with holding back and wait for any actual confirmation that exchanges are on board with this, because as of now, they're not. 

The rest of the community just proceeds on their own term, which is quite exciting in and of itself as we're moving towards ETH-style smart contracts soon. The coloured coins are already operational, the scripts and release platform is up next.  

True that. Rat was the original developer but I think the future for blackcoin relies with Janko.
This developer is unmatch, Zimbeck and Buterin apart.

Suppose a problem occures, Janko is here to fix it, with Rat we had to ask Janko to step in. Rat is a talented dev, i think but after his last announcement (1 year ago or so) nothing happend. In summary
BlackNet can be expected between now and 1 year.
Blackcoin is safe with our new leader: Janko.

Oneitis symptoms can be cured when seen early.
There is no new leader, there never was a leader.
This is a property of decentralization. Look in history,
every king has been overthrown, same here.
It's just a sign of maturing community realizing
it can be ruled by itself. Don't be sheep

I don't work on blackcoin alone,
every help with dev get's BLK.

They got over 4K till now,
your help is appreciated.

https://www.youtube.com/watch?v=fU1fLmpZtZs

People think a coin is safe when it's controlled by a single individual or a group of people. Their logic is that as long as a coin acts like a company it will take care of it's promotion and pump it out of their own interest, on which everyone else seeks to ride.

But truth is that a coin sustained by a single actor won't last long. Coins that last long are open-source projects in which many people participate, either volunteering, through bounties or propped by donations. A coin that isn't ruled by any specific person is the safest thing to invest in. 

BLK doesn't have nearly as much participation as we'd like to have in order to guarantee a healthy growth. But at least it's set up in such a way where anybody can jump in and work without being fucked over by the core. Simply because there never was a core to begin with.

Coins that started on a core however, nearly every other token in the current market, will never be able to separate themselves from that core. It will turn into an opaque and parasitical entity that has a monopoly on the rules and will gladly bend them for their own ends whenever they can get away with it. 

I want my coin to be Linux rather than Microsoft. 

You really should research more, in my opinion this is one of the best projects I know. A coin with personality and an active community.


I was disoriented with the first thread. How good to know that the original project will continue to be developed and improved.  ;)

Seems that hosting this block explorer needs to be renewed???

https://chainz.cryptoid.info/blk/ (https://chainz.cryptoid.info/blk/)

Yeah that's odd. This seems to be alright:
https://node.blackcoin.io/insight/

Paspagon (file payment processor which had been supporting BlackCoin exclusively) has suspended services (http://paspagon.com/blog/2018/04/30/s3-us-west-2-region-closing/).

Thanks for the update. Those guys were one of the earliest supporters of BLK.   

Yesterday BitPro added BLK as a gateway for businesses luckily: 

https://bitpro.cc/start

Speaking of earliest supporters, someone posted this chart about various crypto inflation rate and also showing the ICO or initial distribution for various coins.  Ripple and Doge looking especially off being mostly straight up from launch, suggesting poor distribution.  I wondering if anyone wants to add in or verify data for BLK before I repost it at all so its on the map so to speak

https://i.imgur.com/9vGcjjy.png

Blackcoin would be a straight vertical line (representing the pow phase in the week it launched) and then the inflation would start above 100% as there's no hard supply cap, only a soft one determined by the 0.97% inflation (of the starting supply)    

Blackoin inflates with 739k each year, like 1% but that percentage decreases due to inflation being a flat rate rather than proportional. 

That's not the full picture though considering the context. BLK happened to be launched during a miningpool craze where everyone just mined the most profitable coins and immediately sold them on exchanges. It's most likely that's where most of BLK's early coins ended up.

Doge and Dash both started with a year of hyperinflation. Fairly okay for proper dispersion.

On the other hand, Ripple and NEO can't even be mined. These coins can make new supply at will, whenever the team needs it.  

Black coin needs too take the black net thread back black net the coin doesn’t evebpn exist yet

Rat, the original founder, owns that thread. Bitcointalk forum rules say he gets to  do whatever he wants with it. That's why we're here.

So rat sabotages he’s own coin stupid

He's indecipherable. We have no idea what he's doing or what he wishes to achieve. However, the way Blackcoin is  setup means that he doesn't  rule the coin. A few months ago the network already voted on Janko's build to continue so he's pretty much of the game. That is, unless he wishes to cooperate again. There's no point in burning bridges either, the guy did create the most solid form of Proof of Stake after all.  

Blackcoin keeps being cloned by very new coins:  

https://i.imgur.com/dXD3QvH.png

 :D

He is like a ghost...when he want appear he will appear and missing again...  :) ::) ::) ::)

I'm very happy to see this project finally come to fruition, this gotta be one of the best thing that could have happened. I am very happy about this. Good job everyone

He moves in mysterious ways, I just presume the dude is a legend and a genius and that doesnt always go with absolute perfection in every area, we are only human after all.   This is the best direction for stability but who knows what comes next in crypto overall, its never a boring market anyhow.

I did notice on some sites they reference a Bitcointalk (ANN or  Announcements) thread and of course it points to the old one.  Maybe if the network consensus is with development on this thread those links should be pointing to the OP on this the newer BLK thread.    Theres always new people coming into crypto, that growth is important and quite a few will come from the big marketcap type listings of the coins, types with details and links given.

how do I use the file BOOTSTRAP? I downloaded it. Placed in the directory C:\Users\XXXX\AppData\Roaming\Lore but it did not help synchronization. Then I placed it C:\Users\XXXX\AppData\Roaming\Lore\blocks but it did not help synchronization.

I have no doubt rat4 working on something and it's probably something great for blckcoin/blacknet

Do you have a proof? or some history with the dev that can point it out?

Go here for quick friendly help...https://gitter.im/BlackCoin_Hub/ (https://gitter.im/BlackCoin_Hub/)   

When you first startup I think Blackcoin it allows you to specify the directory you want to use, select somewhere far more accessible then the users files or whatever  (which are basically hidden).    So you need to remember where that is.

Or later on you can specify directly where you want the files to be placed.
    Create a shortcut to the lore-qt.exe and place on desktop > properties > target > -datadir=D:\Bootstrap-directory


Or if none of that is helpful then try Blackhalo which is the same network just a different approach/client to reach the same place, I think the bootstrap also works with this.
https://blackcoin.co

The Blackcoin has no limits on the maximum Stake? The owners of a small Stake will not be able to get the reward POS-mine?

There's no minimum or maximum stake, everyone stakes the same percentage. I like the idea on paper, it would create more participation. However, in reality the only thing a maximum stake would do is cause wealthy stakers to divide their coins over more nodes to circumvent the minimum.  

If you had 50k blk, and the maximum was 1k, then you would simply run 5 raspberry pi's  each with 10k and it would be the same as staking 50k.  

I hope that makes sense.

No. The probability of getting a reward from a Stake of 50k blk is greater than the sum of the probabilities from five Stake of 10k blk.

That doesn't sound right. I'm pretty sure that the 739k coins each year are issued evenly over every coin staking.   

As per i run...i got 1.5blk perday for 10k blk

Why then unite in pools? If the probability of getting a reward in solo-mining is equal to the probability of getting a reward in the pool (in proportion to its Stake in the pool).

For example, 50k blk is a pool. My Stake is 10k blk. The pool will pay me a reward in proportion to my Stake (10 blk). In a pool and in a solo, I get the same reward?

Yes they will be the same reward. Pool-staking is useless for BLK. Though maybe there are other coins that increase the relative amount depending on how much is staked, in which case pool-staking would work. Just not for BLK, and intentionally so as that would encourage centralization. 

Blackcoin Raspberry Pi staking guides courtesy of Shermand100 over in Gitter can be found here if anyone is interested- http://www.pinode.co.uk/

you can now mine blackcoin With CPU, GPU or even With Browser Miner

https://bitcointalk.org/index.php?topic=4354585

To be precise:
https://pinode.weebly.com/blackcoin.html 

i think blackcoin game over soon :'(

i will sell my coins

Link not working here

(You can't mine BLK at all, it's pure stake)

Well, you can. If you mine other coins and sell them for Blackcoin. Much as the old Blackcoinpool did.

Pool staking only makes sense for those that don't want a Computer/Raspi running 24/7 to stake their coins. But it has two huge drawbacks:
1st you'd need to have to give all your BLK to someone else, which means you have to trust someone 100% that they don't run off with your coins.
2nd you'd harm the network's decentralisation, when the pool would have a significant amount of the network weight.

So, pool staking doesn't make much sense but brings huge risks, especially for your own coins.

^^ it could be ok for especially small holders who anticipate growth and want to hold and come back later.   I would have to echo its risky to expect a website to just continue fine, I would be alot richer if that had not been a problem repeatedly in the past even big websites.  It breaks the golden rule, simply respect decentralisation.


If we go back 4 years, the very start or IPO if you like for BLK there was direct mining (long over and completed pow phase) but now POW is unused unless we are talking in slang for staking (POS) which does give extra BLK to users/holders (miners if you want to label it comparatively like that).   Its possible people would confuse the two.
   The old bitcoin wallets used to be able to 'mine' new coins but to do similar with BLK you'd have to have a balance of BLK in the wallet first place to stake and then you get a kind of interest is how I see it.   I wouldn't argue too much if people want to start calling it mining.    BLK isnt using GPU

The other thing would be to mine completely separate blockchains and then buy or exchange the mining proceeds into BLK.  Good idea because it can be staked and staking will not interfere with operation of a GPU so it could be considered similar to mixed mining in a rough way.

this video is interesting and mentions POS.  I did not know the staking original idea predated bitcoin usage
https://youtu.be/6xIq0FdmsIA?t=1572

See I dont agree with this guy exactly but he isnt using absolutes and mentions big known problems to me which is good for starters even if the conclusions are 'meh' as he says.    The big deal is staking is more efficient then all the energy used up by bitcoin and I think that could be make BTC secondary even.   Most economies are centred around competitive markets and efficiency, it will matter but maybe BTC improves

What is the purpose and mission of this blockcoin? How does Blockcoin influence in banking and industry in this country?

I really like that Blackcoin allows you to make quick transactions. You can send money to anyone in the world in seconds!

Right. I can also open a lemonade stand and buy Blackcoin with the profits, but that doesn't mean I'm squeezing Blackcoin juice. 

$0.2 for the mother of POS 2.0 & 3.0
This is so ridiculous..

Take advantage of 20 cent price will be back above dollar soon

Is this a new Blackcoin thread? I've known Blackcoin for a long time exactly 4 years ago after going into the Bittrex exchange and making history so far. I also feel the profit repeatedly with Blackcoin and it is very fun.

Yes rat 4. Owned the old thread and changed name too blacknet even though there is no blacknet coin this is the new black coin thread

So there are now three cryptocurrencies either in existence, announced or in development, which are going to derive their blockchains from BlackCoin’s:

• BlackCoin itself.
• Blacknet, which is going to create initial distribution from BlackCoin’s blockchain snapshot (https://bitcointalk.org/index.php?topic=469640.msg30876796#msg30876796).
• Ercoin (http://ercoin.tech/), which I’m developing, and which is going to use BlackCoin burning to obtain initial distribution.

Thoughts?

When is ercoin distribution

how many ercoin will initially be distributed thru burning blackcoin

This has not been decided yet. I’m reluctant to schedule distribution before launching a public testnet. Also it would be nice to have Tendermint (which serves as a consensus engine) version 1.0 released. I’d say that “this summer” is a rather optimistic, but not unrealistic estimation.


All ercoins are planned to be distributed via BlackCoin burning. The total money supply has not been determined yet, but it is more or less irrelevant — it’s just a number. :)

Lets wait OP for more informations about future of this project.

Else this looks like hijacking of topic, and this is not allowed according to the rules of the forum.

It's not hijacking at all, people know about ercoin and it directly relates to current and future BlackCoin holders. Good to be able to keep up to date this way, for all people that might be interested.

Burning Blackcoin ?  sacrilege, I dont mind new stuff, innovations but yea do make a new thread and I'll subscribe read up on it some.   Oh this is the right link I guess, https://bitcointalk.org/index.php?topic=2071642
I'm not immediately seeing whats distinctive about it, but now I've posted the link it should be discussed there mostly.   Good luck

Hmm without Janko and rat4 we are a little short on devs. Still though wish people would use BlackHalo/BitHalo more often especially for OTC cash deals. I have finished all the templates and features for it actually. A new release comes out at the end of this month.

It's possible at some point you guys may want to fork and update the protocol to support more advanced features... perhaps pruning of the chain, contracts, rep system, more random stake selection, etc.

If none of those things take place though it might be a grind. Didn't see any new developments with "Blacknet" other than a name change. I'm assuming at some point this will have to fork if there is a 2nd network but even so nothing was clarified with the community which was I'm assuming the motivation for this thread.

Blackhalo would need that initial kernel to get the snowball growing. Maybe full trades (fiat for goods) may be setting the bar too high for most people. A slightly lower type of usage is lending, the sharing economy. Like those apps that let people put all kind of equipment up for sharing. The flaw in those systems is that it's completely reputation based. You have no idea in what kind of state you'll see your equipment back.  

Blackhalo is the perfect escrow for that. Both people put their BLK in the escrow, there's no transaction, but the smart contract sits there until someone lended their stuff, the other brought it back in a satisfactory state and both people are happy. Though it'd be advisory for the person who uses the equipment to put in a higher (2x) escrow than the lender due to the asymmetrical nature of the trade.  

I tried to explain escrow transactions to a friend of mine, and only once I brought up this lending example it 'clicked' for him.

 

The option to burn BLK for a new coin is great for BLK. It really raises the value of Blackcoin. Value comes in but it doesn't go back out again.

I've never heard that use case before that's a pretty great idea! The escrow is only needed for the trust aspect. Kind of similar to Barter I guess. I finished
all of those templates including Python contracts where users can program their own. However, I'm waiting to see if more people use the basic features
before activating them in the code. For now users should at least experiment with custom contracts and P2P cash deals.

Regardless, the market is still gambling too much now. It's going to take time for the masses to continue to migrate to actual usable software. We are
doing a web implementation at Bitbay eventually I think and of course the peg is almost done and at some point I would be interested in doing "Atomic double deposit" so users can mix deposits from various currencies. It was a newer concept of mine. In order to do that though I need to see more users. And still, Halo is the original brand and deserves much better. Never did I think I would find Namecoin, Peercoin, Blackcoin and so many of the "original" coins on page 3 or 4 behind a bunch of sleazy projects.
We deserve better.

The algorithm is too old. Many asics can mine the very huge amount of coins. Too bad

Blackcoin CANNOT be mined. You're spreading misinformation.

Is that all blackoin holder will get equal of ercoin?? 1:1??

The ratio could be anything 1:2, 1:5, 1:10 it doesn't matter.  

Interesting project.  :) :) :)

Its been years since i first purchased BLK, so much memories i can remember when this one first took off.

Lets make some more memories.

Revival updates:
- Blackcoin.org is the main Blackcoin website.
- Blackcoin.co will redirect to Blackcoin.org.
- Twitter @CoinBlack changed to @BlackcoinOrg
- Requesting updates on all services to update Blackcoin information.

Revival todo:
- Team pages
- Roadmap
- Proposed plans

They are re branding and it seems getting more active as time goes by, hopefully we see more actions!

Sadly BLK was way more active last summer. But the Slack channel got to full capacity and moving to Gitter lost a lot of active users.

Lesson learned. Do not use Slack as a community platform. It isn't meant for large groups. 

https://gitter.im/BlackCoin_Hub  

Hello there，Learn how EOS is distributed.

500000ERCOIN per day，The average person who burns BLK gets 500000ERCOIN.
If only one person burns one BLK, then he gets 500000ERCOIN.。。。。

Are you that new that you actually think that every project that has a topic on Bitcointalk actually is an ICO or is this a bot post? Either way, pretty dumb!

Slack is horrendous... "What do you mean that I can't ban someone?!!? Wait, disable account, that should do it. WTF THEY ARE BACK!?!"

But it isn't an ICO... It is a coin from 2014.

Ok some updates:

Website: https://blackcoin.org
Twitter: https://twitter.com/blackcoinorg
Code repo: https://gitlab.com/blackcoin/

Slowing moving everything there and making updates. Takes time to do all this myself. Also, testing builds and will make some updates.

I also started the initiative PoS Alliance with other PoS coins such as Peercoin, PIVX, NAV, BitBay, Cloakcoin, Komodo, Particl, Vericoin.

You can follow updates on twitter: https://twitter.com/PoSAllianceOrg
Or on the website: https://posalliance.org

Great initiative, Gritt. It makes sense to bundle forces with some more of the other established PoS projects. Will follow this more closely.

wow yeah！ I will buy 5000+BLK today ;)

BLK users really need IOS wallet，if you have IOS wallet，I could switch all my BTC and ETH to BLK！
I did send email to Coinbase regarding Blackcoin adoption.

We were rejected by apple =(.

Not going to stop til Blackcoin is top 100, then top 50. Then top 20, again. ICOs will drop like flies as time goes by.

Great idea on that alliance Josh. We could try to implement some of the solutions talked about.

https://i.imgur.com/pht5dLo.png

Saw this posted in discussion and figured it has relevance to the ongoing case for Proof of stake over POW
It does seem to me like cost to operate will be an issue at some point to challenge the success of POW coin like BTC or ETH

https://bcfocus.com/news/ethereum-co-founder-vitalik-buterin-comes-up-with-seven-difficult-questions-for-the-cryptoverse/18297/

DPOS (https://bitcointalk.org/index.php?topic=558316.60) white paper comes after BLK but I have read any POS usage criticised in a similar way



BLK new coins only turn out in a small amount to BLK holders via active wallets forming the network.   Theres no possible ASIC use, the capital requirement mostly comes from holding the BLK itself not 3rd party manufacturing like ASIC technology.
The last mining done on this protocol was over 4 years ago now and then it was only briefly distributed in this way, the thread is new/remade but the BLK coin is not even slightly close to new


Yea I can see that would be the case in theory and anyhow it will interesting to see.    This concept reminds me of this real event from pop history, again no value is lost by this action but still you got to agree its kinda unbelievable:
https://en.wikipedia.org/wiki/K_Foundation_Burn_a_Million_Quid

https://i.imgur.com/Cpklx7E.gif

I can make a coin purse for Rapsberry.
With all instructions.

Is this relevant?

Probably just a question of size I think, I doubt Apple look into every project submitted with equal time.     I cant see a point to blocking a simple wallet, its not like it would enable exchanging to FIAT money or some greater concern of regulation.   Unless it included advertising or something they objected to, I imagine they control that virtual real estate quite closely.    Apple has profit margins of upto 70% partly by guarding access to their userbase from simple open competition, ie. pc repair is something they try to avoid.   

When do we moon again like in 2014? Or at least 2017 July?

Or is it at least still possible?

Is there a BlackCoin telegram group?

I've bought and held quite a large stack since 3455 sats.

I lost around %40 since.

Ofcourse it's still possible. The height of the pump will be determined by the news and development flow paired with the hype that comes from this. At the very least July 2017 heights should be possible, I would assume somewhere in the next few months.

Bear with us there will be 3 versions of #Blackcoin, trust us, it makes sense, we hope:

- Blackcoin Legacy, v1.2 BLK
- Blackcoin Lore, v1.3 BLK (in progress)
- Blackcoin More, BLK on 0.16 BTC

It is going to be a lot of work to get Blackcoin up to date with all of the tech.

Blackcoin Legacy is all of rat4's updates up until the point that he left the project, which is v1.2.
Blackcoin Lore is continuing on Blackcoin's legacy. It will be pulling in updates from other projects that make sense for Blackcoin. It is severely outdated.
Blackcoin More, which was previously Blackcoin Lore (I know confusing) is basically Bitcoin with Blackcoin stuff. That was the easiest thing to push out the door but doesn't preserve commit history and generally frowned upon development.

TO REDUCE CONFUSION what is 'Lore'? Lore is essentially those behind the software together. Blackcoin is protocol. Blackcoin Lore is software that is improving the Blackcoin protocol.

TLDR:
- BLK More is BTC with BLK stuff.
- BLK Lore is BLK with other stuff
- BLK Legacy is old rat4 stuff.

Also blackcoin.org git is now updated to require 3 code review approvals before any changes can happen.

it makes sense my only question is will all 3 wallets be updated continuosly or will legacy be left alone?

Legacy has all rat4 updates up to him adding in RPC burn wallet. Since then he has been branding everything as Blacknet.

Lore will continue on Legacy.
More is entirely different.

what about repartition of the three coins in exchanges?

There will be no forks. Just different wallets for the same protocol.

thank you so much for this interesting precision !

Hi.

I have been reading and doing research about this project, and I have just a couple of questions.

Taking into account that the project seems really good with innovative features and that has been alive since many years ago, why is not more popular? what has happen?  Should be on the TOP 20-30.

There is something in the history of this project that I have missed?

In December, the blackcoin coin seemed very promising to me. I even invested 10% of the portfolio in BLK. Only now I understand that this is just a hyip, actually having no value.

it's a great project. I am using the Blackcoin Legacy wallet at the moment and I am waiting for the next Blackcoin Lore wallet update.

I stake my coins and earn a few coins on a daily basis.

if you have any questions, please feel free to ask them here or on https://gitte[Suspicious link removed]/BlackCoin_Hub/Support

Michel

Based on Proof-of-Stake, No more power hungry mining hardware. Fast transactions
Blackcoin has the potential to grow

https://gitter.im/BlackCoin_Hub/support

Not sure if it will accept my post of your link better.     BLK has been going since 2014, its not just anything its many things and its still being developed.   Theres no reason to draw conclusions from just the first six months  because BTC has gone down since December.   Sure that decline sucks and that bigger influence knocks onto the small economies like BLK and every crypto coin but its still here working away just the same as previous years and it'll keep plowing forward into 2019 also.     Its worth some perservance is what I'm trying to mention, I say that from the perspective of following this project over many years.   Its not reliant on any one person which is key to any crypto standard for longterm continuation and success


I really do think this is something.    Every day POW progresses they have to resolve this efficency dynamic they have, we dont have this problem.   POS wallets will run on anything and I dont need expensive hardware or alot of wattage to power it.  
So think of that as a ratio, the prospects for POS are improving this is a very viable long term path where POW must juggle and somehow find a way where it doesnt cost so much to process that it becomes a problem.  BLK is super easy, fast and cheap to transact, we have the upper hand on this imo

  Bad news guys!  >:(   On Thursday August 2nd, at 00:00 UTC, the following assets will be delisted from Poloniex: FLO, FLDC, XVC, BCY, NXC, RADS, BLK, PINK and RIC.
More information read on Official twitter:  https://twitter.com/Poloniex/status/1022500927167754241  
  From such news and the price fell down but it's not surprising. But I continue to believe in Blackcoin and I have BLK coins and I hope for the further development of the company and I would like to add that Poloniex Exchange is not an indicator of success! But still it's not nice to see such news ... can anyone know why it happened  ???

Ouch, there goes 18% of the volume.  Thanks for pointing this out. 

It's no big deal, Poloniex is not the biggest exchange anymore. Blackcoin is very well covered in terms of exchanges. The price drop is a
bit excessive. Blackcoin still is better than a lot of projects out there.

I just think that we need to stop strumming that old tune "POS is more economical than Bitcoin". That worked years ago, it doesn't work anymore.
Things are far more competitive than they used to be. Investors are going to start comparing coins far beyond who was the first full POS coin.
It's of course important but it's too monotone. Investors are going to seek tools that better their lives.

Blackcoin should champion it's unique features. BlackHalo/BitHalo, the colored coin wallet, Lore, etc, etc. Also we could always just fork and improve the
staking/scaling process. A lot of great developments have happened for POS that can be added to strengthen the system and scale it.

BLK is more valued than Jul/17, it has a large community and competent developers. Lately I've seen a lot of new developments and progress. Poloniex is no longer the top exchange and the BLK can be bought in many other exchanges.

HYIP ??? You better review your concepts! You're talking about a legitimate POS coin, from which many others have been created. Do your research!

Oh I agree with the whole energy argument. Nobody cares, and if they do, then they see the huge energy consumption of Bitcoin as a prove of value rather than a burden.   

BLK's strength is that it's PoS with the most integrity. There's no veiled mechanics that make the rich richer, anyone can participate.

Still, Poloniex is not to be sniffed at. I don't trust the volume on Coinegg and Bittrex is only marginally larger than Poloniex. Unless this is some giant insider trading scheme that finally ends in the crescendo of BLK being added to Binance (and there's a massive chance they eventually will considering they added NAV for free as well), I think it looks bleak.

Well it is bleak as long as nobody uses Halo or nobody takes charge to add more features to the chain. Investors should consider that for 4 years we have had the only software in the world that does peer to peer unbreakable contracts which can be used for trustless wires, trustless international trade, unbreakable employment contracts and for any deal where escrow is not an option. That is even ignoring the insane amount of savings of not having to carry insurance, not having to pay third parties and not needing to worry about theft. Not to mention on top of a decentralized market on Bitmessage.

The issue is, nobody wants to use Bitcoin, they just want to speculate on it. That and if they are on clearnet, people want to pay the middle man because of volume. BlackHalo benefits with increased userbase of BitHalo and visa versa.

The irony of decentralization is when there are so few leaders things become disorganized. If investors are along for the ride, they pretty much get what they put into it. If they lead the charge forward they reap the benefits. For BLK to move forward someone needs to start improving it's blockchain to keep up with the competition and there is a lot of things that BLK can add. There is sidechains, shared stake or sharding, dynamic block sizes, pruning, even some sort of scalable scripting language.

Blackcoin has leaders. It is just getting started with a whole new life. I thought you knew that it is Janko, Lateminer and I that are doing developments to make it far greater than it has before?

I got to say I am fully impressed by how positive the community has actually responded to the Circle Poloniex debacle.

I don't think it was motivated by the fact that BLK was low volume on there. It actually had quite decent volume. They stated that they removed coins based on the fact that they don't fit with the new framework. This could mean that they either see full PoS as a risk, i.e potential security, spoiler, it isn't, or the fact that rat4 is an anonymous developer and that doesn't fly with them. Regardless of the intentions, it was never communicated to Poloniex of the massive changes in Blackcoin. Regardless, we move forward.

I have been talking to the Chinese community for the past couple of weeks and they had mentioned a few exchanges that they would like to see Blackcoin on, and we are in e-mail discussions with them. I don't want to throw around the name but with we will be submitting Blackcoin to Binance on behalf of the Lore developers and will be encouraging everyone to vote.

There are a few positions in Blackcoin Lore that we need filled up by the community that I can see:
- Developers that are learning or want to learn, its fun, trust me, if you like puzzles, then you'll love this
- Marketing with experience with graphics
- Fundraising proposals and ideas
- Communities established for speakers of other languages

A legally accountable person is a must for any project these days. Without it, it won't be traded on exchanges. This may also be the main hurdle to get on Binance. You said they want all kinds of fishy information before they list but that shit only seems to apply to the usual ICO scams. For a legit coin like BLK, they would only require a representative that is responsible for the project should anything ever go wrong. After all, they listed Navcoin, which is the most similar thing to BLK. That community doesn't have a warchest either. There's no way they'd be able to cough up the funds for a 'non-legit project'  listing fee.   

If you're willing to give Binance just that, accountability, I'm sure they'd have BLK up in there in no time.

Before I was unwilling, now I'm willing.

Awesome. Not much to worry out to begin with, BLK can't be exit-scammed, which is the only thing they're worried for. Then I suppose all you need now is some other BLK big shots willing to vouch you're the real thing. Vince and Janko should get in on that.

I agree that Blackcoin still is well covered in terms of exchanges, but still it's a kick in the nuts from Poloniex. Blackcoin was one of the coins that made them big and kept the volume flowing for years. Just does not seem logical for them to do this.

Ah well, time to look further and show them what they are missing!

Alright, no ICO, I respect that.
I also respect the kind of discussions that you guys seem to enjoy in this thread. No whining, no bitching and moaning, that's pretty damn refreshing))

last trading day polo there :'(
i lose more than 1.2BTC，i will take it as a good lesson

I used to trade on Poloniex but I found it had problems with resolving any issues and there was no response from support so I took that as a warning sign not to use the place.  I think they got bought out at one point which is probably for the best in terms of stability but I guess this also means they streamlined and made things as simple as possible so they can get back to full working order.  Hope they come back to full strength and who knows maybe BLK can return there some day again but I've not felt great about using them for long time anyway

coinomi wallet show 1blk = $0.66  :o

What is this coin even doing anymore? Is there even any active development?

Yes there is. Community moved to Gitter: https://gitter.im/BlackCoin_Hub
Dev repo on Gitlab: https://gitlab.com/blackcoin/

Is it better too go with blacknet or stick with black coin it’s nice having the option too choose

Thats a really good question that I wish I knew the awnser too also.
There is a lot of FUD swirling about the future of this coin and it is hard not to listen to it.
I strongly believe in the abilities of some of the people behind several upgrades & projects within the BLK family.
But, as is often the case, there seems to be a 'difference of opinions' in the BLK family, that only time can sort out.

All I CAN say that at this price point, it is an excellent time to buy this coin
 (and looking at Exchange Volumes, it seems many are speculating on this also)

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Re: [PRE-ANN] Blacknet (IBO for BlackCoin) | Original research | PoS | No ICO
Today at 06:49:55 PM
 #34483
Hello, RAT4.
I have some new ideas and would like to submit comments to you.

In order to better evolve BLACKNET, I hope that part of BLACKNET(40%) will be used for community, marketing and development.

For example, assign some BLACKNET to FOMO games, Every new FOMO will get some BLACKNET for free (such as 5000BLACKNET)
Or, when a FOMO game attracts more than 100,000 BLACKNET, the FOMO sponsor can get some BLACKNET rewards.
----I assume that BLACKNET has a one-click function to launch FOMO games.


Reserve some BLACKNET and distribute it to newcomers for free. This can be done through the community.
----I have tried to raise BLK in the community and distribute it to newcomers, but I find it is not a good way to rely on people to donate.

Regarding the development of DAPP, I think this is the most important thing.
Reserve some BLACKNET to reward those developers
For example, we can build a website to collect people's DAPP ideas,Then conduct a community vote,Pick the best ideas,The big probability that most people want DAPP is good DAPP.

Then, each DAPP idea gets the BLACKNET funds proportionally,These BLACKNET funds are used to reward community developers,When they get the job done, they get rewards.
A portion of BLACKNET is assigned to the DAPP creative project every week or month.
If no one has taken over the development, the reward funds will continue to rise until someone takes over.

Technicians developing DAPP must assure the community of the time and quality of development.
Maybe ask him to pay some BLACKNET to the smart contract address.
When the work is completed, his margin and reward are sent.

Any thoughts on black coin  implementing some of these ideas

Blackcoin mining easy step by using Raspberry pi

https://bitcointalk.org/index.php?topic=4959254.0 (https://bitcointalk.org/index.php?topic=4959254.0)


if you got any problem join Blackcoin.org gitter chat
https://blackcoin.org (https://blackcoin.org)

New exchange coingamex.com (http://coingamex.com) accepts Blackcoin, in case you are interested

BLK/BTC and BLK/ETH markets

Good to see new exchanges appearing since Polo went through changes and doesnt have us.    If anyone is wanting to trade BLK and doesnt want to deal at these low prices,  I'm looking to sell some digital goods which is my steam account with CSGO and PUBG on there (+dozen more), its spare for me as I have several and unfortunately I'm just not very good at PUBG so not played much since purchase.   Let me know if interested and I would accept BLK in trade for any buyers :)

if you go through the Whitepaper of the idea, you will see that there’s a system to ensure stability, no matter what market does. It isreally good designed system and makes a lot of sense.

The burning of black coin for black net swap will reduce supply significantly and cause price spike in blackcoin even if only 20 pct of black coin holders participate in the swap that’s a huge reduction in black coin supply and the number may be significantly higher then 20pct

How do you think the country, in which have been invented and released the coin, is related to the nationality of investors?

Black coin swap for blacknet will probably happen in the next 30 days since they originally said about 60days this will lead too a large pct reduction in blackcoin supply the question is it better too participate in the burning of blackcoin too get black net or better too hold what will now be a greatly reduced supply of black coin

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Re: [PRE-ANN] Blacknet (formerly BlackCoin) | Original research | PoS | No ICO
Today at 11:42:23 AM
 #34488
Quote from: chinaBLK on July 28, 2018, 06:06:57 AM
The best option is to take out a portion of BLACKNET for free distribution to BLACKCOIN holders.
Maybe 30%，They supported the blackcoin，Please give them some comfort，Don't be a cold person.

Then take a part to burn, maybe 40%. Long-lasting burning，Just like EOS is a long time ICO.

What do you think about this plan?
14 weeks (~3.5 months)  of burning with a bonus for early participants. For first 4 weeks the bonus is 20%, later it decreases by 2% per week.

I like the plan 3.5 months with bonuses for those who choose too do the blacknet swap early and burn there coins

What do you think about this plan?
14 weeks (~3.5 months)  of burning with a bonus for early participants. For first 4 weeks the bonus is 20%, later it decreases by 2% per week.   That's what's from rat 4

The market is quite volatile when it comes to investments you cannot really rely on cycles. One decision from a ruling body and the investment market will spiral into chaos, so its better to invest in this project, as well! Do not put all the eggs in one busket!

Seems like ETH is actually going ahead with POS for their blockchain after all.    I could be completetly wrong of course but this shines a massive light onto this idea of efficent processing of the blockchain.
Seems they are reducing the ETH reward for POW work to balance it out, so thats a pretty change that I thought would not be going ahead till 2019 if at all.  

As far as bonuses and all that for this burn idea, I think in the end it balances out anyway.  The real gain for either side of these two blockchains will come from development and over time, anything temporary just gets discounted by the market anyway.   If theres a bonus it'll likely be evened out in the price, those who want to hold and have faith in either side will see the results eventually but it'll probably take time.   I hope overall POS gains more attention and usage over POW.  I do think the energy demands to POW is coming too close to the actual price that it might cause some waves, interference say I dont know how but I think POS gains overall.
   A capitalist market is competetive and favours efficency purely by arbitrage and iteration which puts the tide or tailwind in our favour.   There is no artifical support for us, thats a plus and minus and Im interested if in the end the most efficent enterprise is the winner in all this :)

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Re: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO
September 06, 2018, 08:44:28 PM
Reply with quote  #34498
Quote from: ulissess on September 06, 2018, 07:58:58 PM
One question.. 1 blackcoin is 1 blacknet + 20%, right?
Blacknet has a supply of 1 000 000 000, blackcoin instead is 77 000 000 .. it doesnt look so convenient

If all 77 000 000 BLK burned with same bonus, then 1 BLK = 12.98701298 BLN
If only 10 000 000 then 1 BLK = 100 BLN

The burning of black coins will have very positive influence on black coin price

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Re: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO
Today at 02:17:12 AM
Reply with quote  +Merit  #34499
Quote
Initial distribution has started
20% bonus ends in
27 days 21 hours 43 minutes
Next bonus 18%

https://chainz.cryptoid.info/blk/#@inflation

Wow burning black has. Started

yes. Now that investment is less profitable, many investors still doubt. However, it does not make the team pessimistic to create a platform, as in the Blackcoin Lore platform. This platform team is very optimistic in applying their great ideas that can attract new investors. naturally, many investors put their eggs on this platform.

Hi all,

Currently using blackcoin Original QT Wallet 1.2.5 for windows and the wallet has stopped syncing.

Any one able to help? not sure what the problem is.

Thx in Advance

 Sad  :( https://support.bit-z.pro/hc/en-us/articles/360008857754-Wallet-Removal-on-September-30-2018

QT1.2.5 is slow to synchronize and you need some patience.

Start the wallet, set the computer not to sleep automatically, and then wait. . .

Maybe one or two days, it will be synchronized.

hi，i think u should try Blackcoin Lore wallet，its stable and easy setup.

Good day
But why is Bitcointalk Officially endorsing this coin/token though?
Any reason why this in particular? Just let me know if you are aware of this, please

Thx all for help.

What are you talking about? Everyone is free to open a thread about their project/coin/token, Bitcointalk does not endorse anything.

What are you trying to say?

You can also ask for help on https://gitte[Suspicious link removed]/BlackCoin_Hub/support or on Discord https://discordapp.com/invite/xH7TPjC

Кeep up the work and I keep following this project closely! Love the way the team shares the progress on their website, discord, social media etc. Love the new logos and banners!!

This update is very new, can you give me more details on the new features of the project highlights. Mission and its purpose? I will follow-up on your project.

hey newbie，come join raspi mining for fun！ ;)
https://bitcointalk.org/index.php?topic=4959254.0

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Re: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO
Today at 02:44:42 AM
Reply with quote  Edit message  Delete message  #34529
Be very beneficial too have real time black coin burning counter

   in 15332 transactions
 CSV 
Transactions
Hash   Block    Date/Time    Amount   Balance
164217b501364992...   2252351   2018-09-07 01:45:20   - 164,810.13625333 BLK   0.0 BLK
3183d9c7086b3eea...   2251117   2018-09-06 02:50:40   + 1.5 BLK   164,810.13625333 BLK
456b50929747c8c1...   2250882   2018-09-05 22:21:04   + 1.5 BLK   164,808.63625333 BLK
f9e703ef6426d565...   2250855   2018-09-05 21:49:20   + 1.5 BLK   164,807.13625333 BLK
432c0eeaa37c9283...   2250563   2018-09-05 16:26:40   + 1.5 BLK   164,805.63625333 BLK
4aa56f5f37bb6f5d...   2250521   2018-09-05 15:41:20   + 1.5001 BLK   164,804.13625333 BLK
723132677482d957...   2250472   2018-09-05 14:34:40   + 1.5 BLK   164,802.63615333 BLK
a07f18b09e0cab75...   2250400   2018-09-05 13:23:28   + 1.51 BLK

Black coin supply decreaseing due too burning black coin we now have deflation

Sounds good to me!

   
Reply with quote  #34537
Quote from: BigWait on Today at 09:09:10 AM

The time is still long. This is only the beginning, and we will see more and more burn.

More burning? how do you know?
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Re: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO
Today at 08:04:15 PM
Reply with quote  Edit message  Delete message  #34538
As we get close too the experation of the 20pct bonus period we should see an increase in burning and as rat 4 releases more info on black net burning of black will accelerate

As burning of black coin increases so will the price of black coin

Will one day Blackcoin be the benchmark in PoS like it was a few years ago? It's true that many influential people have helped all that success, but it's rare to find coins like these that still keep their development active! Why don't the places accept Blackcoin? Where can I get online stores to trade those coins for products? Simply getting more BLK is not enough for a valuation.

   
Reply with quote  #34537
Quote from: BigWait on Today at 09:09:10 AM

The time is still long. This is only the beginning, and we will see more and more burn.

More burning? how do you know?
Report to moderator 
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Re: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO
Today at 08:04:15 PM
Reply with quote  Edit message  Delete message  #34538
As we get close too the experation of the 20pct bonus period we should see an increase in burning and as rat 4 releases more info on black net burning of black will accelerate

76,548,591 BLK  Black coin  supply decreasingl every day by dec 14th the end of blackcoin burning periods for black net blackcoin total supply will be below 60million black if this pace continues

 This is amazing. I had completely forgotten about this coin.

There's no meaning to create this shit ..
even i'm a blackcoin fans

Hi all
FREE Blackcoin on faucet http://blackcoin.4miner.me/#faucet

76,382,690 BLK. Coin. Supply continues too shrink at this pace there be only 50:million blackcoin supply by. Dec 14 when the burning for,blacknet

76,277,034 BLK Supply going down at good pace people want. Blacknet could be next big thing

You have to keep in mind though that the highest bonus rate of 20% is only for 16 more days, then it gradually decreases by 2%.

Still, it's good for Blackcoin, nice to see that both will be able to have their place and probably benefit from it.

BLK… looks promising as all hell… I know it's a cliché by this point, but I'm supporting it no matter what… NO ICO route is the one that, I think, is the most profitable one in the long run… Don't quote me on this…

Wallet update 1.2.5.2 (https://github.com/CoinBlack/blackcoin/releases/tag/v1.2.5.2)

Changelog:
Remove code that is not required after Blacknet IBO
Don't show notification about Blacknet IBO

as soon as I burned BLK for Blacknet I can upgrade to this version?

Michel

To this version or to Lore, whatever you prefer.

Circulating Supply

75,791,140 BLK       Black coin supply shrinking at an brisk pace

Can anyone tell me what this blacknet is ? who will develop it ? Will this be a new coin or just we'll have 2 different clients, one with the current blk and one with the blacknet blk ? What will be the difference between the 2 coins ?

600 000. Black coin burned for black net in last 24hours. At this pace black coin supply would fall below 25 million on dec 14. End of burning period I’m sure this pace will slow up but it does look like a significant amount of blackcoin will be burned for blacknet

Pwpwpw. Blacknet is rat 4 new coin there is a lot of information about it on github and reddit as well as. Blacknet  on bitcoin talk

For those who would like to continue with blackcoin.. please update ASAP to version 1.2.5.2 (after burning). The old wallets are useless for BLK

Direct link: https://github.com/CoinBlack/blackcoin/releases/tag/v1.2.5.2

Circulating Supply

75,540,145 BLK  Brisk pace of shrinking blackcoin continues blacknet has good chance be an amazing coin worth taking the chance and burning some of your blackcoin but not all because as the blackcoin supply shrinks it’s becoming rarer so it should be more valuable basic supply and demand law

Yes if you burn blackcoin now there is 20pct bonus of blacknet

rk.

Initial distribution has started
20% bonus ends in
11 days 3 hours 51 minutes
Next bonus 18%

Circulating Supply

75,422,099 BLK

So what I should do now with my BLK coins? I need to change it on blacknet? What if I will not to burn my coins?
I need some simple instruction what ways are in this case...

They are 2 separate projects. The initial BlackCoin founder rat4 is making a new project called BlackNet. BlackCoin will be continued by the current developers. Nothing will happen to your BlackCoin if you decide not to burn them, but you can choose to burn them (or a part of your BlackCoin) for BlackNet if you see potential in the project.

very fairplay comment

Thanks for your comment. So best way is to buy more BLK and than change it to blacknet ;) First time I see this kind of token distribution method.

Hey all,

Its been a while and I have been neglecting the community here on reddit. A lot of things are new, I'll try to keep it as brief as possible.



"My client is saying something about an 'IBO' wtf is this shit? Is Blackcoin DOOMED?!"

Well, fear you not. Blackcoin is still going forward, but as Blackcoin Lore. The IBO message is relating to rat4's new project of which he is working towards. I wish him all the best on that. The #1 question that I get though, "Should I burn my BLK?" I will give a suggestion that I hope others will find fair.

Blacknet is experimental, not yet released, not yet proven, so if you are willing to risk some of your BLK to be a part of something new, then go do so. Should you expect that it gets released? To a degree, yes. Rat4 always has done well. For me personally, I hadn't burnt my BLK as I am skeptical on the distribution and community upon release. However, I do not want to deter anyone from not participating if they can afford the risks associated with new technology.



"What in the fak is going on with development? Is Blackcoin DOOMED!?"

Janko departed to work on some exclusive blockchain projects of which he had told me about. I'm excited for him and again, wish him all the best. He handed me the title of Lore to continue. Now at the time, I hadn't expected rat4 to also call it off. Lateminer and myself have taken up development under "Lore".



"What does that mean for the original wallet? Is Blackcoin DOOMED!?"

No, not at all. So this maybe a little confusing but bear with me. Rat4's client will continue as Blackcoin Lore. This is the same as how Bitcoin Core treated Bitcoin upon Satoshi's departure. There will be two identities of Blackcoin. The protocol, and the software. The protocol always and will always belong to you, the community. That will always be shaped in the way that holders of BLK will believe is best for BLK. However Lore will be under direction of us to maintain consistency.



To further confuse things, and I'm sorry, Lore previously meant Blackcoin stuff on later Bitcoin. This hasn't been a direction that I had agreed with. Sure the core is stable to that of Bitcoin, but you also share the vulnerabilities. I really do believe that the direction is going forward with rat4's old client and having BLK adapt to it's own challenges. Therefore, Lore is becoming Blackcoin "More" and rat4's client is becoming "Blackcoin Lore". Both of which will be developed by the same team. Consider More as a temporary bridge while Lore goes forward as I understand that there are some serious updates that BLK needs that More provides right now.



"I keep up to date and have known about this for the past month or so! What is really going on?"

Well, I and others need to eat and build ourselves before we can work on projects such as BLK, especially taking over development which is massive. Lateminer has been working every evening on fixing up More while I had to take a break on updating rat4's client to be more 'modern' and with it. The project shift couldn't of come at a worse time for myself as I have been trying to launch a product for my business and couldn't delegate more time than I'd like to. But, delegating time I am.

So updates on this:- Lateminer is pushing a new Blackcoin More release this week.- The new Blackcoin Lore wallet, continuation of the old wallet, has a massive new build and RPC API overhaul.- The RPC API isn't complete yet, I just need to finish it off, then we should expect a new release of BLK Lore.

Things are still happening. But thats just development, you can't focus on development and not anything else.



"Is Blackcoin going to be delisted from X? Is Blackcoin DOOMED!?"

No, likely not. We have strong ties to the best leaders in the industry of which we are currently on.

Bittrex - The most advanced exchange in legal for the US

CoinEgg - Chinese community exchange

ShapeShift - Instant conversion to Blackcoin

cryptoID - Long time friends of Blackcoin for the block explorer with a few BLK specific features

Coinomi - The multi wallet kings from Spain

CoinGecko - Bobby and crew from Malaysia, the best coin market cap tracker. We are planning on doing some giveaways with them shortly.



"Why no Binance?"

Well though I do see that Binance is vastly popular, we have to consider legalities of platforms. Binance doesn't have a jurisdiction of which they are lawful to. We don't know where their servers are at. Their employees are mostly private. Those raise red flags to me. That doesn't mean that I am against it. I wouldn't mind putting in a request however, I'm not ready to stick to a strict weekly update that they require until my company's project is launched and new Lore and More is out. At that point, we will update them weekly as well as provide them all information that they require on a regular basis of which we do for every other service of which we are on.



"But the ranking of BLK! WTF!?"

Yeah, I get that. Honestly, I'm not surprised. BLK really nose dived after China called it quits on crypto. 80% of our volume was there and we had the strongest ties with that community. It was devastating and heart breaking to see it collapse almost overnight. The QQ group and Wechat group is still around, still have some die hards. I'm not surprised it had happened.



"We have not heard from you where had you been!?"

Well, I had wanted to walk away from BLK a few times. Usually if there is a team taking care of the project, I feel as if I can focus more on my company. Yet, hadn't left. Mostly everyone else left, I'm still here. I have been keeping the twitter and other things going and as well as established the Proof of Stake Alliance with other projects such as PIVX, Peercoin, Komodo, Navcoin, BitBay, Particle, Phore etc. and we all keep regularly in touch almost every day.



"So what does the Proof of Stake Alliance do?"

Well, all the devs can pool resources together to make the core technology even more sound. While we believe that 3.0 is safe and doesn't have any serious flaws, we do want to improve on it. We are working on a sort of PoS 3.1 which will be basically a total overhaul of the structure of PoS instead of actually changing the security of it.



"PoS 3.1??! Sounds exciting!"

Yes, we originally were running with the name of PoS 4.0 but, since it isn't a security upgrade, but still massive, we decided not to call it that unless there actually is a reason to update the security to ensure that the coin is protected.



"I have a question!"

Leave it below.



I really don't want to let anyone down, or left feeling insecure with their choice on Blackcoin. Its been a rough few months, but we will all pull through.



- Gritt N. Auld

An interesting explanation for me puts a lot in place. That is, the team has gone in different ways, but the new project is ready to accept people from the old project and give them a proportional number of tokens? Or how does it even work?

very sorry, but it is confusing in effect, as well as the simultaneous departure of janko and the appearance of blacknet.

please explain in particular:

citation begins:
"What does that mean for the original wallet? Is Blackcoin DOOMED!?"

No, not at all. So this maybe a little confusing but bear with me. Rat4's client will continue as Blackcoin Lore. This is the same as how Bitcoin Core treated Bitcoin upon Satoshi's departure. There will be two identities of Blackcoin. The protocol, and the software. The protocol always and will always belong to you, the community. That will always be shaped in the way that holders of BLK will believe is best for BLK. However Lore will be under direction of us to maintain consistency.
citation ends.

The only thing to remember there is the protocol stands alone from the people working on it, its not a normal company construct because this is the nature of crypto it operates independently.
   Rat4 is wanting to develop Blacknet by himself I think, thats his style.  Its not going to alter his previous work on BLK including that done by janko but he is going in a new direction.  I'm not 100% of what direction that is but clearly he is capable so it'll be interesting to see how he progresses crypto in his style.     BLK is not going to be altered by that change taken by rat4 except by this reduction in total BLK coins circulating.   Thats my basic understanding, its all optional and janko can always come back some time but he is busy elsewhere right now which is just how life goes right

Laboratorium EE has released a tool which visualizes initial burn offerings (https://ibo.laboratorium.ee), featuring Blacknet and Ercoin (both BlackCoin-derived).

OK this is clear, thanks.
waiting for further explanation on how the game is played.

Janko and I speak all the time, Lateminer is still doing updates, I'm trying to get work developments out of the way so that I can complete the major overhaul of original Blackcoin code. It just needs one last thing done to it.

I have some suggestions about the development of blackcoin.

I hope blackcoin is a simple, pure digital currency.



No need smart contracts.No need for complex functions.

Blackcoin wallte needs to be beautifully made, more perfect and easier to use.

We just need to introduce more people to buy blackcoin.

All strength is used to popularize blackcoin.



If possible, make a simple blackcoin official exchange.
Now there are many stable digital currencies. For example, USDT, bitusd. It's easy to recharge money.

Hello, everyone, I have a gifted idea to solve BLACKCOIN liquidity problem.

As you all know, blackcoin has very few exchanges.

At the same time, I believe you all know EOS.

EOS is a great project.

EOS's research and development speed is very fast.

As far as I know,
In China alone, there are many very powerful teams serving EOS.

Many exchanges are supporting EOS transactions, as well as TOKEN transactions on EOS.

At the same time, EOS has many de centralization exchanges. For example, newdex/findex/eosfinex

My ideas are as follows:

Publish a blackcoin token on EOS
,It maps the real blackcoin.

Allow people to map black money to EOS blackcoin token.

This process can be centralization.
,It can also be centralization.
Or it's not centralization.

The way of centralization is as follows
:

Someone set up a blktoeos company.

People can map BLK to EOS BLK token through this company.

Just like usdt has a company.

Companies must publish BLK addresses and EOS token addresses to allow people to supervise.

Ensure that blk:blktoken is 1:1 at any time.

-----This is easy to implement.

not centralization:
This requires technicians upgrading blackcoin to enable black coins to have intelligent contract functions.

When people map BLK to EOS,
BLK can get many benefits,Exchanges can more easily support blackcoin trading.

respect developer watch this video：https://m.youtube.com/watch?v=O4irXQhgMqg (https://m.youtube.com/watch?v=O4irXQhgMqg)

🐾 If you don't happy with BLK，you could burn BLK to Blacknet or Ercoin，if you still not happy with that，sell all BLK！ ～^_^

and what if you  are happy? waiting for perpetuation of BLK and popularization of achievements?

Has the blackcoin been forked?
Blackcoin block rewards become more
I have encountered such a situation before.That's a fork.
After restart, it becomes normal.

But this time, I restarted my wallet, and I still couldn't solve the problem.






what happened？

No, someone is just moving a bunch of small txs of BLK right now for some odd reason. The rewards from that has gone up. There a few metrics which measure if a project is undervalued and blockchain use is one of them. I imagine that they are artificially inflated that value to draw investment.

kinda sucks to see blackcoin down to atl support levels like that.
 :'(

For this Communities Information - BLK is going to be listed free of charge on https://emblemvault.com/ 's DEX, due to be released very soon.

https://coinscribble.com/emblem-vault-announces-support-for-more-than-500-cryptocurrencies/2085/releases/34/

https://github.com/DecentricCorp/coininfoplus/blob/master/lib/alts.js

for more information have a look at our Bitcointalk page https://bitcointalk.org/index.php?topic=1652345.0

Nice to have BlackCoin added here, always good to have more exchanges, specially after some of the delistings.

Great song that Ive always liked.   BLK or any protocol doesnt have to be only one thing, the more complex extensions are optional use for those participants who choose to take part in those contracts and so on.   The point on BLK is on a simple foundation basis it is alot more efficient then the ongoing costs that BTC and similar suffer from.
  The POW costs are rising every day, I can dig out a chart projection for 2018 but its something we all know already.   I think BTC has a stall speed requirement to its transaction growth to pay those operating costs and that argument is understated in the dynamic for its success.   Ultimately every free market thats ever been, revolved around efficiency and who can best provide that utility or product for cost.   Since no one is really considering that effect, its not in the price but its a question for every protocol, the cost of the network to holders.   I never really see it discussed but I think BLK would fair better then most in comparison.   I'm just thinking theres other factors besides price and factors will swing round again so long as the network remains useful, reliable and dependable in the longer term this is what matters.  

RESERVED for HINDI translaion....

helloo admin.... can i translate ANN page / WHITE paper  to HINDI(INDIA) language ??

here is my portfolio.....
https://drive.google.com/drive/folders/1TTRWTdF-VC71_TgP4dcsy6wH4BoL9cxB

PM me if you need HINDI translation..... thank you....

i dono.  could get the burn to wrk for me.  hey now.

The market is quite volatile when it comes to investments you cannot really rely on cycles. One decision from a ruling body and the investment market will spiral into chaos, so its better to invest in this project, as well! Do not put all the eggs in one busket!

Someone remind me of the link for the booster files to install with, to speed up the sync part of a new wallet.   I'm sure I should have it bookmarked somewhere but also I figure it should be accessible in a minute or so ideally without any effort for the newest users to not worry about.

Its not linked on the OP or am I just missing it.   I'll edit if I find it, just busy doing something right now and didnt immediately spot it and thats worth mentioning imo

Did you find it already STT?

Here you go anyway:

https://mega.nz/#!R64nQARY!o8Ovl-2OLWMF6quSfpEXPEbcsmHiLhPegSnaHQXgR6I

(from: https://www.reddit.com/r/blackcoin/comments/6b3imq/blackcoin_bootstrapdat_up_to_block_1631800/ )


Or one of your own posts: ;)

Thanks for this! Was finally able to fully sync my blackcoin wallet again. Cheers.

Hello!
I made a coin purse for the Rapsberry Pi 3 computer.
And I will be very glad to coins   :D

BSUbCWotrHhbv8ABrwNqFcjhB7TzsvhosW         

https://mega.nz/#!RiYVlITa!tYyrl5vWAobVDlZOZsAspUoNKa2c2nMDoqSJORUl-94

https://cdn1.savepice.ru/uploads/2018/11/21/2077bd1767b9374b54cbf6e6a3fb8c13-full.png

Hi, thats great thanks.   I was impressed how fast it updated natively, I had to go out and when I came back it finished.  I should have already known the answer but I figure its a good idea to have this info stated regularly or immediately available for anyone to update.   Never bad to ask the straight forward questions imo

https://www.cryptocompare.com/mining/guides/what-is-proof-of-stake/
Heres a topic I just found on  Proof of Stake which could be good reading for anyone who doesnt appreciate the various differences, improvements even that BLK has over the more widely known protocols like Bitcoin


I dont know what exactly happens but the cost of work to the Bitcoin chain possibly could exceed the current trading price.  Is there a feedback effect to that problem where miners just arent motivated by processing transactions anymore.  Its possible I've got it wrong and I need to double check figures but anyhow I expected to read more reported then I have.    Ultimately efficiency of processing does matter and BLK is more efficient then the many POW alternatives, its more resilient then.

If 2017 was year of the price;  with BCH splitting and much arguing over which protocol is best and ETH changing their protocol also largely due to costs I think, 2019 might be year of the protocols where it finally matters more which does the job best.   To me its about the bits, the smallest transactions handled most cheaply thats what matters and I believe the whole ecosystem is built on the smallest parts.  Certainly in any economy the fastest growth available comes from its smallest participants, I think thats the foundations

A proper market has to introduce a positive to a falling price, thats the balance to a market that survives.  If house prices fall then the people without a house, who work but cannot afford to buy are the benefactors to that negative.   If crypto price falls then it should mean there is some positive especially to new entrants, which I presume comes from efficency of processing the transactions its main use and the cost to do that.  Maybe speed available comes more cheaply, the overall throughput.   If BTC is somehow not adaptable to that fall in price and its cost to process is too great and since I read nothing on this I guess currently Im presuming wrong, that'd be a big deal



I dont think plain price is the most important or exciting element to crypto, its a pain that its basically reset but theres also the advantage that anyone who sold or 'burnt' previously has an easy excuse to hedge their bets and rebuy to hold some of BLK long term.   Selling into weakness has proven a mistake going back many years in crypto, always take some profits out on the way up is my take on how its best managed, crypto moves in cycles of public interest that flips between mania and panic

I dont think the need for crypto to develop and take over some elements of the current politically biased finance industry has gone away, that system is flawed and undermines capitalism in favour of the largest dealers in debt not actual traded value.   Hence the majority of the worlds richest countries are technically insolvent at any market based interest return [look at the BOJ especially if you want an extreme case], the weakest link in that chain of debt burden is the plain paper note held mostly by the worker population in each nation.
  If that need for transactional growth outside politics hasnt changed then I dont see much need to be negative on prospects going into 2019 and beyond, price is largely speculative even when crypto is popular when it should be based more on use and thats the real base line for any success tbh


--
https://i.imgur.com/9HfnKY4.png
Actually I'm a long way off still it seems but I still think of efficiency as a driving factor, its not all just speculation

Hello Can you please tell us what is the difference between the original wallet and the Lore wallet?

Original wallet is discontinued and won't be longer supported by rat4. 1.2.5.2 is the latest version.

Lore / More wallet is currently being worked on.

Please also check this post (https://bitcointalk.org/index.php?topic=3017838.msg46439065#msg46439065).

A little over a week left to still burn some BlackCoin to BlackNet!

https://i.imgur.com/Banu724.png

how many coins will be burned?

=

everything looks like this. but so far, everything doesnt look good for fans of the project. the market is falling and such a project is gradually being left by the developers.

we are still active on https://gitte[Suspicious link removed]/BlackCoin_Hub/Development

Latest version has been published for Blackcoin More version v2.13.2.1 (based on Core 0.13.2)

Changelog:

https://gitlab.com/blackcoin/blackcoin-more/commit/2a9903ceff601b83c27c6714fb8274a16cd6846d


If you don't want to compile binaries yourself, feel free to use these:

https://github.com/michelvankessel/blackcoin-more/releases/tag/v2.13.2.1

Blackcoin is NOT death ;-)

Michel

Can I still use QT wallet 1.2.4?

yes you can. There are basically three staking wallets at the moment

v1.2.5.2- legacy version. You are running 1.2.4 of this wallet.
v2.12.1 - Lore version. Which was released in april 2018.  (wallet.dat not compatible with legacy)
v2.13.2.1 - More version. Which is the latest version, just released  (wallet.dat not compatible with legacy)

please visit /BlackCoin_Hub/General]https://gitte[Suspicious link removed]/BlackCoin_Hub/General (https://gitte[Suspicious link removed) for additional information

Michel

I think it is more a case of everyone is holding their breath, waiting to see what is going to happen ...
According to messages in the Blacknet thread ... (namely this one (https://bitcointalk.org/index.php?topic=469640.msg48562506#msg48562506) )  only only 13m out of 64m has transitioned into the new coin/chain ... soooo  20% ?

I think 20% is a pretty reasonable amount to burn into a project that is still relatively unknown as to what it will entail and how fast it will develop, gain traction etc.

Nova exchange re-opened again! Now all the community member can trade BLK coin freely in nova! ^_^  
https://novaexchange.com/market/BTC_BLK/
https://novaexchange.com/market/DOGE_BLK/

Happy Trading!

No, total supply should be 1 000 000 000 BLN and how much you get only depends on how many BLK you and others burn. For example if total amount of burned BLKs will be 10 million, every burned BLK will equal 1000 BLN

It's been a long time since I've seen news about blackcoin, I remember when I started to know the market, this coin is very well known, today it's still being used! interesting!

The main news recently was the whole burn thing and people opting to hedge their bets on BLN and so on.  I dont know so much about that project or actually the ERO which was another related news item but I'm still staking as always.   Seems to me the userbase of a proof of stake coin is always more involved by default then most of BTC holders as they form the confirmation network.  

Also for anyone who doesnt realise, most discussion does not occur on this thread.   I think its actually done on Gitter so anyone wanting to take interest should go there.  SEE OP

I noticed the price action is in a positive phase with a trend about 8 day moving average confirming.   Actually we been sideways quite a while so even the 50 day and 200 day have been passed, 200MA is 1500 on this chart.  The blue line is just the 8 day

https://i.imgur.com/AkGJP9W.png

Also BTC is possibly more settled here, if it did steady it would likely back more interest in other blockchains as well I guess.   Apparently there is a positive divergence which is where price falls from sellers but they are in a minority (volume) making the underlying momentum bullish at least short term

I am new for Blackcoin and so have a little knowledge about Blackcoin.  Just downloaded Blackcoin wallet for Windows.  Do we have any direct blockchain download link.  The project is at least 4 years old and so wallet will take a lot of time just to sync from start.

the most important question is whether it makes any sense to invest time and energy in a project that almost certainly will not give anything but a loss?

I didn't follow all those announcements about Blackcoin/BLK/Lore/whatever so i don't know much about the new versions/burns/fork

I have a few K's in 1.2.0 wallet.. and i will not make any move for now..
Anyone can tell me what will happens with my BLK in a few days??

I also don't know Blackcoin regarding its burns or forks, but it is looking attractive in the chart for buying.  Don't know if it is wise or not to buy BLK because uncertainty if Blackcoin will be replaced by a new coin or will be forked soon.

I was about to buy some and so downloaded the wallet, but as the project is 4 years old, I wanted a blockchain download link to save my time in syncing.

I found the info just a little way back in this thread, probably useful to be added to OP for the new peoples in this latest rise from the lows for Blackcoin -  this will give you bulk of the largest files :



https://mega.nz/#!R64nQARY!o8Ovl-2OLWMF6quSfpEXPEbcsmHiLhPegSnaHQXgR6I

(from: https://www.reddit.com/r/blackcoin/comments/6b3imq/blackcoin_bootstrapdat_up_to_block_1631800/ )

I have found bootstraps usually takes a lot of time when I tried doing the same with other coins' wallets.  I really appreciate though your effort to try to assist.  

Please post the direct blockchain download link if anybody has it.

If I recall correctly from when I upgraded to the latest wallet, it only took 2to3 hours to load the blockchain from block zero.
If you want to use an older wallet... it will take days.

You are asking this question in at least 10 different topics. What is the point of this and what even is this crimson wallet?

I am not a shopkeeper, but I have a doubt, accessing the website I see that there are several stores that accept blackcoin as payment:

https://www.coinpayments.net/store-directory-coin-BLK

To use the BLK as payment are you required to meet certain requirements or pay a fee?

Coinpayment has so many coins that can be used as payment gates.
Blackcoin Lore has appeared there is good for its liquidity in general.
I don't want to fall into price discussion here , because it depends upon so many other factors.

Because I made and checked wallets, for many coins.
But either the developers are very greedy, or fraudsters.
And I want to understand what to expect next, so as not to return and delete links to ready-made wallets.

And Malina is a computer Rapsberry Pi3.

whats the staking rate of  Blackcoin  ?
I don't have proper system so I am looking some online pool for it.
So can some please tell me whats the staking % of its and online pool for staking .
Lets make example , if I have 2000 coin how much i will get per day or week or else..
Any response would be appreciated.

with 10100BLK i have 0-4.5BLK per day and 13.5BLK last week

The price of Blackcoin is rising steadily. Because? Any news?

Im not sure there is any definite reason just generally I'd agree it looks bullish.   I'm always told not look for a story to match graphs as they the two can move with separate momentum in time frames which is confusing.
50 day marking recent lows but 200 day moving from negative into flat which takes alot longer to turn around

https://i.imgur.com/3LHv4EN.png


I wonder what the lowest system people use to stake.  I used to use a 2008 laptop that was super basic super slow but still did it.   People use raspberry pi afaik, is your system older then either of these two

It defintely does look bullish with the 50 day moving up, I still am interested to know what the "story" possibly could be the coming time. Any new developments going on for BlackCoin?

Raspberry Pi is definitely the most energy efficient method to stake!

Use a Raspi and co, any platform. If it has 1GB it's enough.

https://stakingrewards.com/asset/BLK

what's the name of this web to see the chart¿?

This chart comes from Bitcoinwisdom.com who've tracked BLK for years now  along with Bitcoin and a few other coins.    A more popular mainstream site would be tradingview.com which covers all sorts but also has pop up adverts, I prefer the wisdom one for its colour scheme etc and consistency.

I believe that this is a natural move from a consistent project, while many have followed the BTC and virtually disappeared from the map.

BLK is the true POS...

Probably have to take a longer time frame to draw strong conclusions.  I actually think the BLK graph resembles the main Bitcoin graph, fairly surprising as people usually say ETH as the main alt determines general interest for crypto apart from BTC

Noticed this link for Discord posted onto Reddit and since some people only read this thread, there is definitely more activity in other places.   Good idea to have a discord account as it works in a browser and is pretty simple to use - https://discord.gg/xH7TPjC

How is the development on Blackcoin progressing, is anything actually still being worked on? Every time I see a glimpse of possible good idea's but nothing really seems to be happening.

Blackcoin was my worst investment! :(
I made more money with Bonpekao than with Blackcoin.
I'm investing heavily in Dnotes, Beam, Nav, Emercoin and Bitcoingreen.

Your personal perspective and entry and exit points to ownership is not really a determiner of success of the blockchain overall.    Just to state the obvious, unless you are saying you were involved since 2014 and consider BLK to be a negative somehow which I would disagree with.    Proof of stake is far more likely to survive and succeed long term over proof of work from what I can see its far more involving of actual holders, I think its more balanced and stable in that way.   
Good luck with the other interests you have but BLK is around 5 years now and it'll be here in another 5 years still

Right point.
Entry and exit points are important.
Those points usually correlate with specific best time-spans to buy and take profits.
Missed those points, and those period, investors will put their balance at risk of losing.

Is there any development working with this coin, where the team?

The team is active but small, new contributors are always welcome. They just released a new client (More) with a few updates and they are experimenting with PoS on the testnet. Although the community communication doesn't happen on bitcointalk much anymore, they are active on gitter, discord, reddit. Twitter account is active and posts updates frequently.

https://gitter.im/BlackCoin_Hub
https://www.reddit.com/r/blackcoin/
https://discordapp.com/invite/xH7TPjC
https://twitter.com/blackcoinorg

Good to hear. It still would be good though to keep the Bitcointalk community updated, I don't see a reason why not to, it's always good to have as much exposure as possible.

I am sure that if something big is happening someone will post it here too, however the first place when it's announced would be Twitter and Reddit.
On a side-note: Blackcoin is still a community coin. There is no company behind it, it's a project done by people voluntarily in their freetime out of interest. So it's up to the community how big a thing is and what people make out of it. And no one can decide single hand what people want to do with blackcoin.

That makes PR more difficult but also the coin more free and decentralized.

The newest QT Wallet for BlackCoin is at time 1.2.5.2 from https://github.com/CoinBlack/blackcoin ?

In the last time the wallet hangs more times at my Pi2, is this the wallet or the Pi? Anyone have the same problem?

I don't know right now but maybe you can ask the devs on Gitter?
https://gitter.im/BlackCoin_Hub/Support

I don't have a similar situation, but I use 1.2.5.2 for staking on testnet and Pi3, with a lot of coins. After some time I noticed that the wallet hangs and CPU goes up to 100%. I suspect this to be the high amount of UTXOs I have after staking for a long time.

A Message from Novaexchange.com!  

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Nova headquarters is located in Sweden, which is quite a very cold place. Recently though, we have felt spring in the air.
So, Great Nova traders and trolls, spring clean your portfolio in March, We have great news, if your March Trading volume is more than 0.2 btc accumulated you get all your trading fees back minus any referrals paid out at the end of the March.

Such Fun and Trade on!!!

Happy Trading!  

As More was just released can you try to run More?

https://www.reddit.com/r/blackcoin/comments/b0is1i/blackcoin_more_fixes_block_spam_vulnerability/

Thanks you for the post, i will try to run, but a new Version is not necassary? Regards

Hey all,

Been a while since I have done this. These last year has been a bit weird, regarding the price, regarding the community with rat4 launching Blacknet, Janko working on new things. It left many wondering "So, what is Blackcoin going to do now? Is this... It?".

It's not it. There still is a community actively building Blackcoin, with a new team under the name of "More", not to be confused with "Lore", Janko's protocol implementation.

For the past few months I have been helping guide lateminer address bugs and issues that were in Lore, including adding some other updates that he or I thought were appropriate. Everything was carefully considered, checked and then tested.

So finally! Blackcoin More is here! Get it now at http://blackcoinmore.org  or http://Blackcoin.org .  This is a very positive milestone for the Blackcoin community fully committing to continue what was left behind. It will be replacing Blackcoin Lore.

We thank the community for helping test this release.

No it isn't necessary.

I appreciate this commitment, I have been following the project for some time, and I believe in its purpose.

Can i use the wallet.dat from the last qt wallet at the new wallet 2.13.2.2 or how can i transfer from the qt wallet the Coins to the new?

Great! Your commitment is much much appreciated!
Knowing or at least "suspecting" that you will continue to go forward with BLK was the main reason why I kept a lot of my BLK instead of burning them for Blacknet. Actually I own as many BLN as BLK in terms of "‰ of total supply".

Thanks! Also it's worth mentioning that I still maintain BlackHalo and BitHalo. It's still the only 2 party escrow software which is perfect for things like wire transactions without risk of theft or default, barter, sales of goods and services with risk of fraud practically eliminated. That and it has built in decentralized markets running for almost 5 years now. Would be nice if the Bitcoin community noticed how powerful a tool it really is.

The original wallet uses a different database-format for the wallet.dat so they are not compatible. There is a wallet-utility.exe in Janko's blackcoin lore, but I am not linking it here because I am not sure if it works with More, which is the continuation of the Lore tree although not developed by Janko anymore.

You however can (and maybe even should) always make a textdump of your wallet and backup it. That textfile contains your private keys and they can be imported into new wallets. With the new hd-wallet format, you can backup the masterkey, so you won't lose funds when you didn't backup the wallet after each transaction (because a transaction creates new addresses for change funds ect). The masterkey can be used to access all privkeys deriving from it.

Another possibility would also be to install More and then send all your coins to your new address although that might delay staking, since the transfered coins need to mature first.

Good news regarding Blackcoin More. I was wondering though, my BlackCoin QT wallet (1.2.5.2) has not been properly syncing since the 7th of March. Anyone have an idea why this is? Restarting the wallet does not help either.

Any errors displaying? The blockchain db can get damaged for instance on crashes or when the computer shuts down, happened for me with blackcoin and other coins too. If this is the case, you need to resync the whole chain. Maybe try to install More and see if it synces (it should also sync faster than original QT) and try to import your keys as described above.

Improper shutdown USUALLY is the case that causes it 99% of the time. If you got a power out, held the shutdown button, closed you laptop lid (more common), that will all cause database corruption.

Thanks for the tips to both of you, I will try them as soon as I am able to again :)

Petition to rename to MOAR (https://i.imgur.com/oFVjY5B.jpg)

No, ok maybe not.    I noticed when installing Coinomi it supports BLK and even mentions the idea of staking for some coins.    Anyone know or has tested it working with a stake on BLK I wanted to ask ?
https://coinomi.freshdesk.com/support/solutions/articles/29000026013-staking-in-coinomi

I know ages ago the idea of staking on a phone was dismissed for various reasons including security I guess, but I'm still interested if its currently possible in that case.   My phone is so beat up and old its practically in a retirement home of sitting on a protective shelf and needs the mains almost always but its still useful and actually a waste if I didnt use it

The new more wallet v2.13.2.3 have also the command "repairwallet" or similar?

Is this coin still alive? Any roadmap or published plans for the future? ???

Its most definitely active but not especially on this forum which is a shame but there it is.   I believe more people are is discussion on telegraph app then here or reddit or twitter even but you should sign up to all to stay in contact with people involved with BLK.
If you are interested, start a wallet get a few coins in there and eventually you will be staking and part of the network yourself.   Theres no massive startup costs, you dont have to buy any equipment just use the PC you are on now is enough.  The protocol has a bias to new people who have never staked their BLK coins before and want to help confirm transactions.   The more the merrier and the better it works, its a very good system

Why would the protocol have a bias to new members? Are you saying this because the difficulty is low?

i like this coin , but the download is slow i stopped counting after day 4 xD
Also the max connections i get is only 2 but sometimes 1 without any firewall.

would be nice if the client could allow more than 2 connections

I'm making a reference to coin age.  People who have already staked alot do go behind somebody who has never staked, some people might think only the largest holders get to stake and continually block the small guy but thats not really the case.  When I see Proof of stake discussed on twitter vs other protocols on efficency and security, that seems to be the main criticism that ok its good on everything else but its too biased or it a system which favours the rich only.    I dont see the little guy mining Bitcoin anymore, I used to do it myself but it became a capital intensive process afaik so I do think the discussion is a bit off on that.    It seems that label is out there, better to discuss it then let it continue.  


Yes it does and there is more then one client that could be used to stake so you should be fine

Blackcoin POS 3.0 doesn't have Coinage as it was removed for obvious security reasons. There is no difference from new wallets to old ones.

Obviously you'd know better then me on this but I'm just mentioning how its not completely bound to revolve around just the largest wallets.  I believe it gives some priority to those who've not staked before over somebody who staked 5 times already today.    Thats how someone who is a much smaller holder would still be involved despite not being in the top 100 list.    The coins on Bittrex arent involved in staking either afaik, so theres that positive also as some incentive to setup a wallet even the smaller or newer participants.

Actually the reason it doesn't give that incentive is a good thing. For example, I can split an input into 1000s of outputs. If Coinage was allowed those tiny outputs could sit for a while and generate higher stakes. It also lets a user gain more network weight by not being connected which is clearly a security hole. Rat4 removed this for those reasons.

Lets say a guy with 100 coins has a 10x lower chance of getting a stake than a guy with 1000 coins. That is totally fair because they BOTH average about 1% a year considering a reward of 1.5 coins. So if a guy with 100 coins is connected for a year he will see a block more or less. The guy with 1000 coins might get a stake per month. It doesn't favor the rich.

Consider DPOS which does favor the rich. Once you get into the 100 delegates or 20 delegates or whatever, you can pay people to vote for you and stay in the top. Also, it's less people validating the chain. For pure POS 3.0 there could be as many people staking as there are people connected. As incentive rises to stake, people upgrade hardware to run the full nodes. DPOS was never necessary and was a centralized workaround to make a glorified database. It paid off well because the devs could roll out a product but it wasn't actually secure and neither was the trivial data (like Steemit which stores it's data elsewhere).

POW also favors the rich because wealthy people can build better hardware to dominate the network. Also POW is notoriously prone to being forked for smaller chains. This is because the "small chain" is only as secure as the "big chain". Basically BTC miners can at any time point their pools at weak coins, perform double spend attacks and destroy those chains. POS doesn't suffer from this at all because the network difficulty is contained within it's own network. Only people genuinely invested in Blackcoin can attempt to fork it.

The reason to get involved with Blackcoin is that this network has been running securely for 6 years and it has never been forked! Furthermore there is software like BitHalo/BlackHalo and the new developments with More and such.

With less people staking, it does give an incentive to connect and stake because the higher reward. It's good to look at network weight. Still the volume needs to be there. Blackcoin needs to keep developing to stay competitive.

Can I continue to use the Blackcoin Legacy wallet or will it be discontinued? I have my saved wallet.dat and don't want to transfer to More...

It will let you use either client you choose r_victory.    https://blackcoinmore.org/   recommends to send coins from the old wallet to the new More one rather then transferring the .dat file  .  I like the history going back years on my old address but I think I'll take that send option and test More

Thanks dzimbeck, I appreciate the correction I'll bookmark your post for next time I see a DPOS vs POW vs POS discussion/article on twitter

I'm a little nostalgic, I don't have the habit of generating many addresses, although it is a security recommendation of the majority, but,  I'll test "More" too...

Blackcoin core wallet stopped syncing.. i get ProcessBlock: ORPHAN BLOCK 751,  errors.
Tried to install latest core client: 1.2.5.2 and it doesnt work

What can i do to resync ?

Better to ask here: https://gitter.im/BlackCoin_Hub/Support

I'll do
Thank you!

Just a few question
How do i update to latest safely from 1.2.4.?.
 how do i get a exact amount of coins i have as i think im on a wrong chain. Staking coins is currently 80k which ia very low for blk

14th onwards my stakes are high. Normally i would stake once a few weeks.

See https://blackcoinmore.org/ for more info, but basically you install a new wallet with a new address and then you send BLK from your old one to a new one

Congrats Blackcoiners, we've added your coin to our very exclusive lighted list of truly decentralized currencies (https://bitcointalk.org/index.php?topic=5138218). We are seeing you won't be tradable on the v.2 of BarterDex any more (https://www.atomicexplorer.com/#/coins), while you were present in their v.1 (https://www.dexstats.info/coins.php) is it correct?

Blackcoin was on BaterDex as far as I know and it's capable of being exchanged on a DEX since it supports atomic swaps.
I am however a little rusty in the knowledge so if you haven't done it yet, you can go to their discord if you haven't done it yet. There are community members active who followed the last developments more closely and probably can say more about it. Take this invite: https://discord.gg/9dJ8Qk

PS: This ANN thread is not monitored closely anymore, the community communication went mostly to discord and reddit.

PPS: Cool list of true decentral coins might come in handy :)

Could someone post a list of nodes please?

You can find nodes for your client here

https://chainz.cryptoid.info/blk/#!network (https://chainz.cryptoid.info/blk/#!network) (click on [node list])

Thanks. that link should be in the OP but the topic starter hasn't logged in since March. The OP still shows cryptopia as an exchange listing blackcoin, and it's now bankrupt. Let's hope the topic starter logs in soon.

Thank you! :-)

A couple quick questions on wallet upgrades:

So I have read the article on the Legacy wallet, Lore Wallet, and More Wallet.

Of course I saw that it recommends moving the coins to the newly created wallet, rather than simply moving the wallet.dat

This in mind, what sort of issues might one encounter is they start a wallet.dat created using the Legacy wallet, using the More Wallet?

...and can the created issues simply be corrected by generating a new address in the More Wallet and moving the funds internally?

Just curious what issues either of these might create for individuals attempting these alternative methods...

You can not simply move wallet.dat, it's not possible because it uses a newer database version that's not compatible with the legacy wallet.

Please keep in mind that this thread is not monitored by the team anymore.

If you have any questions, the team is available at reddit, gitter and discord.

https://www.reddit.com/r/blackcoin/comments/buxc4x/join_the_blackcoin_discord_server/

WTF,need about 15 days to fully  synchronize ,is there any easy way or torrent from official team?

There is an easier way, I think theres a link to the files stored in a website.  I've forgotten the address, I'll have a search now and update

Meanwhile I found this old video for BLK :)   https://www.youtube.com/watch?v=ubQAr57wIo0

Staking calculator for those not aware of Proof of stake which I think is probably the majority - https://stakingrewards.com/asset/BLK


Old reddit topic on getting the bootstrap.dat:  https://www.reddit.com/r/blackcoin/comments/6b3imq/blackcoin_bootstrapdat_up_to_block_1631800/

May 2017
https://mega.nz/#!R64nQARY!o8Ovl-2OLWMF6quSfpEXPEbcsmHiLhPegSnaHQXgR6I (https://mega.nz/#!R64nQARY!o8Ovl-2OLWMF6quSfpEXPEbcsmHiLhPegSnaHQXgR6I)


The file is live but its an old topic so an old file I'm not sure how useful that is, the best advice might be to port forward so the wallet has better access and you will update faster to the most relevant files.


Bootstrap is on the website FAQ is under Other.   So the info is there and perhaps we could put the best link in the OP of this thread also - https://blackcoin.org/faq/

August 2019:
https://mega.nz/#F!ru5lTJSD!3Ysa0Whk4Nyztc9xfu8pjQ (https://mega.nz/#F!ru5lTJSD!3Ysa0Whk4Nyztc9xfu8pjQ)

Torrent link:
https://mega.nz/#F!ru5lTJSD!3Ysa0Whk4Nyztc9xfu8pjQ?62AEXYSZ (https://mega.nz/#F!ru5lTJSD!3Ysa0Whk4Nyztc9xfu8pjQ?62AEXYSZ)

BlackHalo vid - https://youtu.be/wZp3Up5Y4pE?t=795

Blackcoin More should sync faster than the original client.

Also there's a blockchain bootstrap

http://blackcoin.nl/bootstrap-the-blockchain/

Blackcoin More has been updated to version v2.13.2.4. This version includes the Burn RPC call for the optional IBO for @ErcoinTech

Get it at: https://blackcoinmore.org #blackcoin #blk

https://twitter.com/BlackcoinOrg/status/1191408676105441280

Press release for the Initial Burn Offering of Ercoin (https://ercoin.tech), explaining its connection with BlackCoin.

Initial Burn Offering of Ercoin (https://ercoin.tech/news/ibo.html) has been announced. Ercoin is a cryptocurrency with fair distribution, delegated proof of locked stake used as a consensus algorithm and Tendermint (https://tendermint.com) used as a consensus engine.

The initial distribution will be performed in a way that aims to be both fair (no entity privileged) and green (negligible CO₂ emission). Coins will be assigned proportionally to the amount of blackcoins (https://blackcoin.org) destroyed (“burnt”) in a specific manner from the beginning of 8th of November 2019 (UTC) until the end of 7th of December 2019 (UTC). People outside the BlackCoin community will be able to participate in the Initial Burn Offering by spending bitcoins to purchase blackcoins that are already burnt, on the decentralized exchange Bisq (https://bisq.network/).

Initial Burn Offering is similar in spirit to the way in which first cryptocurrencies were distributed (Bitcoin in particular), but more accessible (hardware purchases are typically not needed) and not as much wasteful. Therefore Ercoin community hopes to attract both people that are tired of ICO projects and people that are discouraged by wastefulness and environmental impact of cryptocurrencies that use proof of work as a method of distribution. CO₂ emission savings during the IBO can be estimated using an IBO visualization tool (https://ibo.laboratorium.ee).

Besides distribution, Ercoin aims to distringuish itself by a unique set of technical and economical features. Delegated proof of locked stake is used as a consensus algorithm. This is a variant of proof stake in which voting power is proportional not only to the amount of coins owned, but also to the time for which the funds are locked (with a time cap applied). The purpose of this solution is to emphasize the role of long-term investors in decision making. Investors don’t need to perform validation themselves, but can instead delegate this duty to professional validator service providers.

There will be no inflation in Ercoin and therefore no arbitrary inflation tax. Costs of maintaining the network will be covered from fees. Fee amounts will be decided by the consensus of validators.

In place of smart contracts, Ercoin proposes transaction messages and accounts managed by multiple keys in arbitrary combinations. It is believed that these two features will cover many real-life applications like facilitation of automated services and private arbitration (via deposits managed by 2-of-3 signatures).

Besides Ercoin-specific features, there is a number of advantages coming from the usage of Tendermint, like fast confirmations and partially standarized API. Overall, Ercoin aims to be a cryptocurrency which is fairly distributed, efficient, easy to use, easy to integrate, useful in common business cases and also provides a sound economic model, contributing to the long term cryptocurrency value.

Glad to see you're still on that Ercoin plan.

The repository of burnt-explorer (https://gitlab.com/KrzysiekJ/burnt-explorer) now contains a synchronization script with caching of previous results.

Note that burnt-explorer displays all kinds of burnt outputs, so if one wants to obtain just the IBO-relevant ones, additional filtering needs to be applied.

Thanks, but one question befor burn. The Wallet has any security future for the burn? when i burn and the hash is false all burned tokens are lose?

Hello Blackcoin Community

Happy holidays to you! We have released a small update on the Blackcoin More wallet, to add some new fixed nodes and replace the old DNS seeder with a new one. The old one is not reachable anymore. Version number is still v2.13.2.4 and build number is b1db5a5a

You can download the source code from here https://gitlab.com/blackcoin/blackcoin-more or download the binaries from https://blackcoinmore.org/

In the meantime we are also updating the original Blackcoin client (the older Rat4 code) - https://gitlab.com/blackcoin/blackcoin. And we are testing this on various OS-es. (Win64, Linux64, ARMv7 and MacOS 15). We changed the DNS seeder and fixed nodes as well. Version is still v1.2.5.2.

We are looking for people who want to test the binaries and give some feedback. Binaries can be found here - https://mega.nz/#F!amBgwALS!CAMuvZ7hhHeYUcltsiDfPg (https://mega.nz/#F!amBgwALS!CAMuvZ7hhHeYUcltsiDfPg)

You can start the binaries with the -testnet parameter or put testnet=1 in the blackcoin.conf file. If you need tBLK let me know!

Regards,
Michel van Kessel

The Discord link is invalid

https://discord.gg/X3ZtJp

I am getting this for BlackCoin More wallet. How can I solve this? Thanks

Unable to bind to 0.0.0.0:15744 on this computer (bind returned error An attempt was made to access a socket in a way forbidden by its access permissions.  (10013))

watch here in the DASH forum for your answer


maybe it's just to add:

LISTEN=0

to your blackmore.conf





https://www.dash.org/forum/threads/unable-to-bind-9999.677/

The Blackcoin More client has been updated to v2.13.2.5!

Please check out our blog article for specific upgrade info. https://blackcoin.nl/blackcoin-more-client-v2-13-2-5/

Then download the files from https://blackcoinmore.org/
$BLK #Blackcoin

thank you, seeing that blackcoin is still well alive.

Yes, the project is very much alive. We are mostly active on Discord, but there are many channels available, besides Bitcointalk and Discord

there is a list on the bottom of this page: https://blackcoinmore.org/ 

Happy staking!

Michel

Thanks for that info!!!!  ;D

Finally i can have my bad TXs back and it shows the correct balance!!!    ;D



Info about to restore coins can be found here:

https://blackcoin.nl/blackcoin-more-client-v2-13-2-5/

page not found.

works fine here. can you access the main https://blackcoin.nl page?

Ok got it today.

The core wallet has a memory leak, the linux version at least. It exists for a longer time, and consumes about 15-20 MByte for every block PoS minted. Would be nice to get it solved.

Hi,

We are actually working on that. If you have ideas about the issue, please let us know!

Regards
Michel van Kessel

https://twitter.com/BlackcoinOrg/status/1285165148760674305

I am testing a potential fix and it looks promising.

Regards
Michel van Kessel

 #Blackcoin #Community The most recent version (v2.13.2.6 build 2331516f6) of the Blackcoin More software can now be downloaded from https://blackcoinmore.org. For feedback please visit our support channels. #HappyStaking $BLK #WeAreCrypto

Changelog:

- Fix staking memory leak (by JJ12880 from Radium Core)
- Updated fixed seeds
- Added secondary Blackcoin DNS seeder

Regards
Michel

An instruction was released on the blackcoin blog, describing instructions on how to update via Blackcoin Lore 2.12.x to version 2.13.2.6 https://blackcoin.nl/upgrading-to-blackcoin-more/

Blackcoin and Radium Core devs form a strategic alliance. Both blockchains share similar codebases so it makes sense to collaborate:

-Work together on future codebase upgrades
-Share industry knowledge
-Innovate PoS technology

#pos #proofofstake #fintech #blockchain

https://twitter.com/BlackcoinOrg/status/1303341386348089346

so good cooperation means further development ?

yes! it means further development :-)

If you are running an old client consider upgrading to Blackcoin-More!

https://blackcoin.nl/upgrading-to-blackcoin-more/

https://blackcoin.nl/a-dust-attack-affected-legacy-blackcoin-clients-in-late-sept-2020/



Those dust attacks still going on, now in October 2020 daily.
It's bloating up the wallet.dat and therefore consuming more and more RAM.

here's an article about BTC dust attacks:
https://www.coindesk.com/dust-attacks-bitcoin-wallets

what is interesting that it's used to de-anonymize ppl's addresses




a solution is to raise the txfee


https://blackcoin.nl/we-are-asking-all-nodes-to-raise-the-optional-fee-rate-to-prevent-dust-attacks/



hope we can have a discussion about that and if possible better solutions to identify the attacker

Is there any possibility to configure a stakecombine or stakesplit?

Staking leaves a lot of dust in the blockchain, consisting of many 0.00005500 BLK parts.

Can you give an example how that would like?

thanks

It is not the staking that leaves a lot of the dust. The wallets that are staking are being attacked with dust transactions.

The Blackcoin network is being attacked with spam/dust

check out this post
https://blackcoin.nl/a-dust-attack-affected-legacy-blackcoin-clients-in-late-sept-2020/

thanks

It is important that people upgrade/migrate to Blackcoin More v2.13.2.6 and (optionally) raise the fees to avoid relaying these transactions. We will have to raise the fees in the next version to mitigate these attacks

Next More version will be v2.17.0 and is based on BTC Core code 0.17.

More can be downloaded from https://blackcoinmore.org

Thanks

Sounds sensible, staying current protocol on any blockchain improves security and ultimately helps the coin long term prospects and they'll always be someone trying to cause trouble of some sort especially for personal gain.    Good to see a plan to counter the transaction abuse being made possible, hopefully people will realize its needed and be 'awake' enough to update their clients as everyone is part of the network in proof of stake system.

Thanks, this helps a lot.

I'm using blackmore v2.13.2.6 on ubunto 18.04 LTS for some weeks before the attack. Last days I migrated from the old wallet to a new one to get rid of the dust, but the attack persists as described. The attack leads to a heavy processor load until the wallet process disrupts or forks. So it's not only the legacy client, but the more client too.

Dumping and restoring private keys makes no sense, because the dust is persisting.

How can I rise the fees in blackmore?

I found it!
https://blackcoin.nl/we-are-asking-all-nodes-to-raise-the-optional-fee-rate-to-prevent-dust-attacks/

On many PoS coins the processor load rises on small transaction sizes. If this is not the case with blackcoin, it's ok then. If the load is an issue, then the fragment size could be ten times larger, between 5000 and 10000 BLK.

So, it is true that the processor load rises on small transactions. But as far as I know, the staking process is single threaded. But it is a very good question, and if you want you can try different stakecombine or stakesplit configurations. There is the possibility, but it is currently hardcoded in the code.
You would need to alter the code and compile it yourself (or send an PR on Gitlab and we can compile it for you)

the code is here
https://gitlab.com/blackcoin/blackcoin-more/-/blob/master/src/wallet/wallet.cpp#L50

and from here on
https://gitlab.com/blackcoin/blackcoin-more/-/blob/master/src/wallet/wallet.cpp#L801

We are currently trying to combine inputs, so it will always contain an x amount of dust txs. (lets say 100 inputs <= 0.004)

Thanks!
Michel
 

Hi, thanks there is progress to the dust attack. Since my first post it stopped for some days but now the attacks are back, daily.  Wallet size bloasts up and working time too.

Therefore i kindly ask how far is the progress with the upcoming 2.17 More release?

thx





More can be downloaded from https://blackcoinmore.org

Thanks

This combine could help, but it can only be useful, if the fees/costs for it are less than the fees/costs for the attacker.

I testet to combine by hand, but the fees for it are much higher than the input.

On many PoS coins the processor load rises on small transaction sizes. If this is not the case with blackcoin, it's ok then. If the load is an issue, then the fragment size could be ten times larger, between 5000 and 10000 BLK.
[/quote]

So, it is true that the processor load rises on small transactions. But as far as I know, the staking process is single threaded. But it is a very good question, and if you want you can try different stakecombine or stakesplit configurations. There is the possibility, but it is currently hardcoded in the code.
You would need to alter the code and compile it yourself (or send an PR on Gitlab and we can compile it for you)

the code is here
https://gitlab.com/blackcoin/blackcoin-more/-/blob/master/src/wallet/wallet.cpp#L50

and from here on
https://gitlab.com/blackcoin/blackcoin-more/-/blob/master/src/wallet/wallet.cpp#L801

We are currently trying to combine inputs, so it will always contain an x amount of dust txs. (lets say 100 inputs <= 0.004)

Thanks!
Michel
 
[/quote]

This combine could help, but it can only be useful, if the fees/costs for it are less than the fees/costs for the attacker.

I testet to combine by hand, but the fees for it are much higher than the input.
[/quote]

A Coinstake transaction doesn't have fees, but it only happens when you win the stake

example:
https://chainz.cryptoid.info/blk/tx.dws?8753783.htm

My calculation on this topic.

A successful mint matures for about 10 houres. With one minute medium block interval it's 600 blocks in total. After 600 blocks they can mint again.

We have a total of about 77 Million coins. If they would mint alltogether in an even way, the absolute maximum fragment size would be 77.000.000 blk / 600 = 128.000 blk.

Not all are minting, of course, and some coins get lost, so the optimal split size should be much lower than 128k. To be cautious, one could double the size from time to time until it fits. So the devs could double the split size from 1k blk to 2k blk on a next release.

Regarding this and the attack, not only the processor load is affected, but the resident memory load too.

Lets see.. We actually have 60 million coins. And normally around 15-20% is used for staking. How does this effect your calculation?

edit: 500 blocks for a stake to mature and 67 seconds block interval

15% * 60m blk = 9m minting blk
9m blk / 500 = 18k blk max split size

significiantly lower than 18k blk, at least the half or better a quarter.

Found some good read ups to the Dust Attack:


https://bitcointalk.org/index.php?topic=5269771.0

https://bitcoin.stackexchange.com/questions/193/how-do-i-see-the-ip-address-of-a-bitcoin-transaction#:~:text=The%20blockchain%20doesn't%20store,down%20by%20some%20other%20means.&text=The%20Bitcoin%20protocol%20does%20not%20record%20this%20information%20by%20itself.





And most important is BIP 78

https://github.com/bitcoin/bips/blob/master/bip-0078.mediawiki


Motivation

When two parties (later referred to as sender and receiver) want to transact, most of the time, the sender creates a transaction spending their own Unspent Transaction Outputs (UTXOs), signs it and broadcasts it on the network.

This simple model gave birth to several heuristics impacting the privacy of the parties and of the network as a whole.

    Common input ownership heuristic: In most transactions, all the inputs belong to the same party.
    Change identification from scriptPubKey type: If all inputs are spending UTXOs of a certain scriptPubKey type, then the change output is likely to have the same scriptPubKey type, too.
    Change identification from round amount: If an output in the transaction has a round amount, it is likely an output belonging to the receiver.

We will designate these three heuristics as common-input, change-scriptpubkey, change-round-amount.

The problems we aim to solve are:

    For the receiver, there is a missed opportunity to consolidate their own UTXOs or making payment in the sender's transaction.
    For the sender, there are privacy leaks regarding their wallet that happen when someone applies the heuristics detailed above to their transaction.

Our proposal gives an opportunity for the receiver to consolidate their UTXOs while also batching their own payments, without creating a new transaction. (Saving fees in the process) For the sender, it allows them to invalidate the three heuristics above. With the receiver's involvement, the heuristics can even be poisoned. (ie, using the heuristics to intentionally mislead blockchain analysis)

Note that the existence of this proposal is also improving the privacy of parties who are not using it by making the three heuristics unreliable to the network as a whole.

Download (v2.13.2.7-4e1e6e83f @ 2020-11-24)



new Release is out since 24.11.2020



https://blackcoinmore.org/


updated article about Dust Attacks
https://blackcoin.nl/a-dust-attack-affected-legacy-blackcoin-clients-in-late-sept-2020/




many thanks to the Devs!

thanks again to the Devs for the new release - now working like charm with a 40k tx dust attack - GOOD WORK!!!!!!!!!
 ;D

ROFL  Dust Attacker is reading this ANN carefully - we got another fat Attack accounting now 55k Tx dusts - won't touch them motherfcuker

BTW - my wallet staking as usual :)

 ;D ;D ;D

I guess that nobody is talking about the Livecoin scam and the amount of BLK on that exchange because nobody is interested anymore..

can you explain ? thank you.

https://www.coindesk.com/livecoin-crypto-exchange-hack

Yet I'm 90% sure that doesn't look like a hack.

Hi, People are talking about this, but most of the Blackcoin community activity is on Discord these days. Please join us https://discord.gg/hjNUgWD

It is also not clear how many BLK are on that exchange or if they are already dumped on another exchange, like Bittrex.

I haven't heard of anyone with BLK on Livecoin, but myself. I have a small amount there. (sub 500BLK)

so is this coin still going?

I used to use it back in 2016.

Thanks for the update.

still going!

Still going down (vs BTC).

That is correct

I believe that BLK is gaining momentum in the last year, according to Coingecko there was an appreciation of approximately 184% in 1 year. I am seriously considering returning to invest in BLK as well.

Hello Blackcoin community members,

Please update your Blackcoin More wallet to the most recent version, released on Feb 24th 2021
version v2.13.2.8-10bb345e7 has been released and will solve the Atomic Swap bug.

As soon as the majority of staking wallets has been updated, services like AtomicDEX can add BLK to their service!

If you still run the older v1.2.x wallet or BlackHalo, there is a big chance you are not able to sync anymore (or even forked).
Please migrate to Blackcoin More! how? https://blackcoin.nl/dump-and-import-wallet-private-keys/

You can download Blackcoin More from https://blackcoinmore.org

For (support) questions please visit our Discord https://discord.gg/hjNUgWD

Blackcoin has been running a 'fixed' POS block reward of 1.5 coins for a while.   The original protocol used a 1% inflation (new coins) generated each year.  I made a post about this back in 2015; regarding how having a fixed block reward is notably different from a true 1% annual increase to the total number of coins.


https://bitcointalk.org/index.php?topic=469640.msg12860963#msg12860963
 (https://bitcointalk.org/index.php?topic=469640.msg12860963#msg12860963)

Has there been consideration to make the block-reward dynamic based on the total supply of coins?

The difference is a tightening standard as it is now, the proportion of new coins issuance is dropping over time relative to the total monetary base.   I guess thats parallel to Bitcoin which drops its block reward but BLK is gradual not on a fixed date.   Seems they would have done this on purpose as it backs holders better then inflation might though 1% is low over ten years it amounts to 10.5%  roughly.  You might have point that a % amount would reward active users over purely holding or those who just keep a balance on an exchange.
   I would normally side with the system as it is now but I agree whatever active users find the best course is probably what should be done.

Any more news and exchange for Blackcoin? A little bit silent about BLK  ??? ???

Hi, most people are active on the Discord server. https://discord.gg/hjNUgWD

Latest news.

- Listed on AtomicDEX.io
- BlackSight restored -https://node.blackcoin.io/insight/
- PayBLK restored - https://payblk.blackcoin.io
- Blackcoin More wallet updated - https://blackcoinmore.org
- blackcoin.nl blog running
- Blackcoin testnet running
- and probably more!

we are currently trying to add BLK to other DEX-es

You should consider a *trustless* bridge to Pancakeswap or Uniswap.

Can you help with that? we have been looking at BSC too..

Well I would love to but I have to do the bridge for BAY which will eat a lot of my time. Thats a more complex bridge because of the peg. The theory is similar though. However after I finish I can show you how I did it. It's never really perfectly trustless because at the end of the day you need lots of validators on ETH side to mint coins based on BLK chain. Also you need to decide how the governance is structured... on BLK side you can have the stakers check ETH chain and then a sort of mint or burn type system. The part where governance is needed is on ETH side so you could choose the top stakers and give them ability to sign off on mint but it's really a critical question because you also don't want them all agreeing to mint BLK out of nowhere lol.

The "trustless" way to do it is have a group post a bond or something that can get slashed if posted chain hash data is false (similar to a rollup) but that's too much work for the time being (not to mention cost of ETH TX fees) and really a multisig with trusted nodes is a faster way to get the job done. Still, who pays the ETH fees to hop on to the bridge? Users? Maybe better off on other bridged networks until fees drop.

I have an airdrop chainz scanning tool that scans the rich list, pulls out public keys and generates equivalent ETH addresses using same public key without even needing to inform the user about it so that makes for really fast setup for governance (you can do a sort of merkle tree airdrop for the allocation of governance based on BLK stake weight).

Anyways, I don't check this thread often however check in with me later in the year and it's possible I will have the BAY bridge done and you can copy it's mechanics(of course  minus the peg parts because BLK doesn't have a peg).

One advantage to being on ETH or BSC is you can use their smart contracts and also free listings on AMM exchanges like Pancake or Uniswap. Of course thats not totally free because you need to put up liquidity.