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2261  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 25, 2014, 05:26:30 PM
Isn't blackcoin just novacoin relabelled with the parameters tweaked? And whitecoin and the rest.

You're twisting the point of what I'm saying. Yes, Blackcoin was built on existing technologies, like nearly every other altcoin. But it cannnot be denied that Blackcoin was the catalyst that started the current PoS craze in the altcoin market.

I agree with you. And craze is the term I would use to.
2262  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 25, 2014, 05:18:11 PM



BLACKCOIN changed the course of the altcoin market. Just look at almost every new coin and tell me it's not basically Black relabeled. It was always going to be hard to fight off the trolls, scammers and FUD artists on Bitcointalk - the harder they can knock us down, the more people will be convinced to invest in their scams and coins with no long term plans. I guarantee you there are entire groups here using their accounts as shills for FUD to benefit themselves.

We need a place where we can work together on new ideas and projects to build value in Blackcoin, where the discourse is not continually interrupted by trolls.. and we already have it!


JOIN THE SUBREDDIT: http://www.reddit.com/r/blackcoin

1,179 Black Knights have already joined!


The subreddit has almost tripled in size in less than 2 weeks. The community is active and frankly, it's nice to have a place to discuss Blackcoin without seeing the same tired FUD from the same tired names.

Isn't blackcoin just novacoin relabelled with the parameters tweaked? And whitecoin and the rest.

No.

Are you sure?
2263  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: April 25, 2014, 05:17:38 PM
Strong troll activity here as mintcoin has reached 12 on mintpal. We should expect more of these guys to come in here with the intention to bash blackcoin. Keep up the good work guys, you're really transparent.

Do you know what has changed since then? It's no longer Mint guys coming in here, now the competition has multiplied and diversified. We now have an unlimited supply of mindless trolls that crawled out of their caves and moved into this thread for good.

I compiled a list:

ShroomsKit_Disgrace
Daedelus
zeta93
Stratobitz
Labteck

By this point troiste probably thinks that we forgot about him and is a bit jealous. Don't be! I have a strong feeling that you are holding exactly 0 BC and that your only purpose here is to hijack this thread. I know that you are going to try and send me to McD and boast with your $5000 watch (which you don't have). Do yourself and mostly us a favour, press Ctrl+Q, then press WinKey + R then type shutdown -s -t 1, hit enter and finally: go back to your cave.

I hope that you guys know that copying is the ultimate act of flattery and trolling only shows how desperate you are.


If challenging misinformation repeatedly parotted is trolling then so be it.

Hopefully, many people are more aware of the details of what POS is and how it works then before I started posting. Have you tried to answer any of my questions? I don't join in on the price speculation as it is a waste of everyone's time.
The reason for you being here is transparent. You are not here to help anyone but yourself. You'd better buy some blackcoins and thank us later!

I came here as there was another POS community. I wanted to see what I could learn from them. But there is only a couple of guys who have tried to find out how it works and can only help so much. Why don't the devs post here?
2264  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 25, 2014, 05:11:14 PM



BLACKCOIN changed the course of the altcoin market. Just look at almost every new coin and tell me it's not basically Black relabeled. It was always going to be hard to fight off the trolls, scammers and FUD artists on Bitcointalk - the harder they can knock us down, the more people will be convinced to invest in their scams and coins with no long term plans. I guarantee you there are entire groups here using their accounts as shills for FUD to benefit themselves.

We need a place where we can work together on new ideas and projects to build value in Blackcoin, where the discourse is not continually interrupted by trolls.. and we already have it!


JOIN THE SUBREDDIT: http://www.reddit.com/r/blackcoin

1,179 Black Knights have already joined!


The subreddit has almost tripled in size in less than 2 weeks. The community is active and frankly, it's nice to have a place to discuss Blackcoin without seeing the same tired FUD from the same tired names.

Isn't blackcoin just novacoin relabelled with the parameters tweaked? And whitecoin and the rest.
2265  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: April 25, 2014, 05:07:08 PM
Strong troll activity here as mintcoin has reached 12 on mintpal. We should expect more of these guys to come in here with the intention to bash blackcoin. Keep up the good work guys, you're really transparent.

Do you know what has changed since then? It's no longer Mint guys coming in here, now the competition has multiplied and diversified. We now have an unlimited supply of mindless trolls that crawled out of their caves and moved into this thread for good.

I compiled a list:

ShroomsKit_Disgrace
Daedelus
zeta93
Stratobitz
Labteck

By this point troiste probably thinks that we forgot about him and is a bit jealous. Don't be! I have a strong feeling that you are holding exactly 0 BC and that your only purpose here is to hijack this thread. I know that you are going to try and send me to McD and boast with your $5000 watch (which you don't have). Do yourself and mostly us a favour, press Ctrl+Q, then press WinKey + R then type shutdown -s -t 1, hit enter and finally: go back to your cave.

I hope that you guys know that copying is the ultimate act of flattery and trolling only shows how desperate you are.


If challenging misinformation repeatedly parotted is trolling then so be it.

Hopefully, many people are more aware of the details of what POS is and how it works then before I started posting. Have you tried to answer any of my questions? I don't join in on the price speculation as it is a waste of everyone's time.
2266  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 25, 2014, 02:57:07 PM
I like how every person from other coins, including those that copied the multipool idea and even the full PoS idea, are coming on this topic to FUD on BC and promote their own coin.
It only shows how popular BC is, thanks guys.

Does whitecoin have a multipool?

Yes they do now. But let people talk, everyone is trying to create the next Blackcoin, but blackcoin is the next blackcoin, remember that.

I have no idea what you are trying to say.

Peercoin invented POS using the concept of coinage that BC uses, via Novacoin. Clone of a clone.

BCNext invented a brand new POS using transparent forging for Nxt as he believed that coinage is vulnerable to a 51% attack by slowing buying coins and keeping them in many accounts, all of which are increasing coinage. This distorts the POS so at a point in time in future, you would have a sleeper with enough power for the 51% attack without needing 51% of the coins.



Bump in case you missed it.

A comment from Rat4 would be worth reading. Centralised checkpointing may protect against it, I don't know, but BC doesn't use the checkpointing of Peercoin, IIRC.
2267  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 25, 2014, 02:43:23 PM
I like how every person from other coins, including those that copied the multipool idea and even the full PoS idea, are coming on this topic to FUD on BC and promote their own coin.
It only shows how popular BC is, thanks guys.

Does whitecoin have a multipool?

Yes they do now. But let people talk, everyone is trying to create the next Blackcoin, but blackcoin is the next blackcoin, remember that.

I have no idea what you are trying to say.

Peercoin invented POS using the concept of coinage that BC uses, via Novacoin. Clone of a clone.

BCNext invented a brand new POS using transparent forging for Nxt as he believed that coinage is vulnerable to a 51% attack by slowing buying coins and keeping them in many accounts, all of which are increasing coinage. This distorts the POS so at a point in time in future, you would have a sleeper with enough power for the 51% attack without needing 51% of the coins.
2268  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 25, 2014, 02:38:51 PM
I like how every person from other coins, including those that copied the multipool idea and even the full PoS idea, are coming on this topic to FUD on BC and promote their own coin.
It only shows how popular BC is, thanks guys.

Does whitecoin have a multipool?
2269  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 25, 2014, 02:15:50 PM

Let's donate a few blackcoins so our blackcoinpool can send extra blackcoins to the miners !

For a straight week ! Smiley

This could really work and rally a lot of miners to our pool. Just remember the ghash.io extra payout week.

My calculation tells me, that we need 500 Blackcoins per day for every Gigahash in our pool. Imagine the buy pressure and publicity if we reach >30 Ghash ! Cheesy

What do you guys think of this idea ?

I think we could really gather a lot of miners to our pool, especially 1 week before our KNC Miner lottery starts ! Smiley

Greetings Wex Cheesy


http://www.reddit.com/r/blackcoin/comments/23y6fc/new_community_idea_5_extra_payout_on_our/

Ummm a bonus for mining?...so now you are "stealing" ideas form the NXT multipool uh? Wasn´t it just the opposite?  Roll Eyes

Sorry, first time i've heard of a nxt multipool.  Cry But i think you re posting in the wrong thread. This is the blackcoin announcement thread. You can see it if you read the Topic "[ANN] BlackCoin (BC)" Smiley I try to find you the Nxt thread, give me a second. Smiley

Hope i can help you

Greetings


Found!! https://bitcointalk.org/index.php?topic=303898.0 You're welcome Smiley

The Nxt thread is here: https://bitcointalk.org/index.php?topic=345619.0

All 2673 pages, 53450 replies and 829971 views, the biggest on this subforum. It is the #1 to your #2. It is not dead, it is locked as it is unmanagable for development.

If all the posts on nxtforum.org had been posted there since the thread was locked, the thread would be 3290 pages long now.

How are you guys so ill informed on so many things?

Mcdonalds is that way --------->

Just trying to turn the tide, keep the misinformation to a minimum.
2270  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 25, 2014, 02:05:19 PM
Let's donate a few blackcoins so our blackcoinpool can send extra blackcoins to the miners !

For a straight week ! Smiley

This could really work and rally a lot of miners to our pool. Just remember the ghash.io extra payout week.

My calculation tells me, that we need 500 Blackcoins per day for every Gigahash in our pool. Imagine the buy pressure and publicity if we reach >30 Ghash ! Cheesy

What do you guys think of this idea ?

I think we could really gather a lot of miners to our pool, especially 1 week before our KNC Miner lottery starts ! Smiley

Greetings Wex Cheesy


http://www.reddit.com/r/blackcoin/comments/23y6fc/new_community_idea_5_extra_payout_on_our/

Ummm a bonus for mining?...so now you are "stealing" ideas form the NXT multipool uh? Wasn´t it just the opposite?  Roll Eyes

Sorry, first time i've heard of a nxt multipool.  Cry But i think you re posting in the wrong thread. This is the blackcoin announcement thread. You can see it if you read the Topic "[ANN] BlackCoin (BC)" Smiley I try to find you the Nxt thread, give me a second. Smiley

Hope i can help you

Greetings


Found!! https://bitcointalk.org/index.php?topic=303898.0 You're welcome Smiley

The Nxt thread is here: https://bitcointalk.org/index.php?topic=345619.0

All 2673 pages, 53450 replies and 829971 views, the biggest on this subforum. It is the #1 to your #2. It is not dead, it is locked as it is unmanagable for development.

If all the posts on nxtforum.org had been posted there since the thread was locked, the thread would be 3290 pages long now.

How are you guys so ill informed on so many things?
2271  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 25, 2014, 12:46:40 PM
I am throwing in the towel, too much fixation on price  Undecided  I have been here a couple of weeks and still don't fully understand how BC works and I think only a handful of people here have tried to do the same.

Good luck with whatever the devs plans are, all promises of something but not even headlines so far  Cheesy Hopefully they work out for you guys. Anyone who has tried to understand with me and PM'd etc, I wouldn't be averse to you letting me know if something big happens  Cheesy

Cheers
2272  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 25, 2014, 11:56:23 AM

Nice example of DUF  Grin

2273  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 25, 2014, 11:35:58 AM
Key highlights for newcomers

BlackCoin - The Best Cryptocurrency (so far):

1. Fastest transaction-confirmations in the world's top 10 cryptos, less than a minute on average.  Vital for retail business!
2. Super fast transactions, confirmations can be as quick as 4 seconds.
3. Hugely talented & dedicated development team.
4. Ranked #3 in daily trading volume for weeks.
5. Ranked #9 in market-cap for over 10 days.
6. Ranked #2 in BitCoinTalk's Alt-Crypto forum activity.
7. Ranked #5 in tweets per day.
8. New Internet-Trading APIs, Exchanges and Merchants are accepting BC every week.
9. Easy to implement in Trading APIs.
10. 1% yearly interest earned on staked coins.
11. No mining of new coins, inflation tied to yearly interest.
12. Ecologically friendly blockchain: resource-hungry mining not required.
13. Steadily increasing distribution.


Always bet on black

Feel free to quote & repost Wink


Data sources: www.coinmarketcap.com, www.bitinfocharts.com & blocks.blackcoin.pw/chain/BlackCoin


Better  Grin But still ropey

1 Still overstating BC. I'm glad the 10 seconds is gone. You said in PM you have used Nxt but you haven't been paying attention to the confirmations in realtime of any transactions you have done.
2 Confirmations can be (though I would say might be) as quick as 4 seconds in the same way that lottery winnings can be millions of dollars. However, people understand lotteries so it is mitigated but most don't understand BC so you are setting people up for disappointment.
3 Little evidence of that on this thread  Wink
10 1% yearly interest earned on staked coins created from thin air. Calling it interest distracts people from the fact that it dilutes your holding, if you don't stake 24/7/365.
11 "No proof of work, inflation tied to yearly interest." is clearer. People new to POS call staking/forging mining.
13 Probably true. But difficult to prove or check.
2274  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 25, 2014, 07:48:39 AM
nothing here but fud. this is honestly very sad that people have nothing but negativity and jealously from other coins makes them get on this forum and  post. I say we all take to bitmessage and let them talk all the trash they want on this forum. They are just jealous and they want to get on here and advertise their stupid copy coins. I wont get whitecoin if you put a gun to my head. I dont care if it goes to a billion dollars a coin. And these people should not be on this forum talking about other coins. Can they be moderated or banned? Its just some idiot who started a website and copied the blackcoin source. Have fun with that.

You know what? Maybe I should copy BC source and change the port and then start a website. I could do all that in less than a day. Premine it too. Lets all start a coin.

Maybe people here should consider the whitecoin or asiacoin or fuckface coin will never have the pull that blackcoin does because they are not original. Nobody will write articles about them, nobody will care to mine it for more than a quick dump and there will be no features that every other coin does not already have.
It takes less than 24 hours to set up a website and copy BC source. Its just stupid. And the worst part is, people actually have the nerve to come here and spam blackcoin thread with their garbage. This was the reason BC exists in my mind. To rid the world of these coins. If the community has any sense, they will get the miners to come here since we were the original coin to start it and blow these stupid coins out of the water for good!

It is easier than that to be a clone and unoriginal.

http://coingen.io/
2275  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 25, 2014, 01:02:52 AM
As I understand it (i could be incorrect) Transaction time is the minimum time a crypto network can confirm a coin transfer from one account/wallet to another.  For PoW coins this is slightly higher than their block time.  PoS coins can have a MUCH faster block time, but fluctuate more with their transaction speeds due to lack of hashing power (no heavy CPU, GPU or ASIC providing the power), therefore average confirmation time (proof of a successful transaction) is more appropriate for comparison.

Oddly, the BlackCoin specs state a 1 minute block time, which while true for the PoW distribution stage cannot be correct for its now PoS network, as the confirmation times have been as fast as 32 seconds, as per bitinfocharts.com

A transaction is a data bundle, if you like, with the info needed to be added to the blockchain. It needs to be confirmed at least once, a confirmation. The links you've provided shows the first confirmation takes 0.89 minutes on average. It takes 10 confirmations to be absolutely safe.

Wherr does the 10 sec come in?

From my previous looks at the official Blockchain explorer... which now shows transactions as quick as 2 seconds, so the network could be even quicker for transactions than 10 seconds Shocked
http://blocks.blackcoin.pw/chain/BlackCoin

Block           Approx. Time       Transactions   Value Out           Difficulty   Outstanding   Average Age   Chain Age   % CoinDD
86469   2014-04-25 00:25:14           3   4529.49055015   0.268   74514476.59108503   12.1918   59.7675   78.6195%
86468   2014-04-25 00:24:31           2   1125.14479714   0.237   74514476.48124018   12.1917   59.767   78.6194%
86467   2014-04-25 00:24:29           2   6268.51900027   0.216   74514476.36252451   12.1917   59.767   78.6194%
86466   2014-04-25 00:24:15           2   2451.75011091   0.223   74514474.5298787   12.1924   59.7668   78.618%
86465   2014-04-25 00:22:58           3   1745.16441788   0.23     74514474.37055986   12.1916   59.7659   78.6191%
86464   2014-04-25 00:21:41           4   7801.43828072   0.254   74514473.95636921   12.1909   59.7651   78.62%
86463   2014-04-25 00:19:48           2   3000.90649713   0.339   74514473.69240755   12.1903   59.7638   78.6207%
86462   2014-04-25 00:15:58           2   3501.16701899   0.339   74514473.59945559   12.1876   59.7611   78.6243%
86461   2014-04-25 00:16:30           3   2048.69126806   0.327   74514473.35841021   12.1881   59.7615   78.6236%
86460   2014-04-25 00:15:49           3   1138.69085308   0.325   74514472.6538097   12.188   59.761   78.6236%
86459   2014-04-25 00:14:52           2   11384.21974278    0.291   74514472.49684546   12.1874   59.7603   78.6244%
86458   2014-04-25 00:14:44           2   1050.36406836   0.278   74514471.47026702   12.1878   59.7602   78.6236%
86457   2014-04-25 00:14:07           3   1517.59626968   0.282   74514471.27530063   12.1875   59.7598   78.624%
86456   2014-04-25 00:13:00           2   6000.39043972   0.249   74514471.2159428   12.1868   59.759   78.625%

But you have shown the average is 0.89 minutes, why point to favourable runs as if they are common? The facts are 0.89minutes for first confirmation.

There is also a 4min block and 2min block in the list

In my post of highlights, I stated two points:
1. Transaction time of 10 seconds, which as now shown is incorrect and is indeed even faster.
2. Confirmation time of under a minute, which as you agree is correct.  This is also faster than any other crypto in the top 10, factually correct.

In advertising any product or service, it's important to use factually positive statements Smiley  While the blockchain explorer shows some transaction/confirmation blocks can take upto 4 minutes, the average is still under a minute, faster than any other top10 crypto.  It is possible - not a dev so unsure on this - that the longer gaps are due to periods of no transactions taking place, i.e. confirmations are not required?

For comparison purposes, if a network (e.g. the excellent NXT framework) has a stated block time of 1 minute, then it's average confirmation time can only ever be slower than that, likely somewhere between 1 and 1m30s.  Slightly off topic, once NXT has greatly improved it's API tools for traders, exchanges and merchants, and remove it's image of being poorly distributed, then it should well prove more popular.  Definitely one to watch Wink


I don't agree and you are setting new users up for disappointment.  I don't think you have understood what I have said and you're creating sub divisions in terminology that don't exist.

Let's take a break, you can go to bed and we'll catch up later. When people can sense DUF as well as they can FUD, the cryptoworld will be a much better place for it  Grin

I'll leave with a question, what is a 'transaction time' if you distinguish transactions seperately from getting confirmations?
2276  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 25, 2014, 12:45:41 AM
Oh wow, it this the BLACKCOIN thread or the

let-me-promote-my-totally-unrelated-service-for-some-other-coin thread?


Can we stay on topic?

i think its too late soepkip, this place isoverrun now

Am I off topic?
2277  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 25, 2014, 12:39:20 AM
As I understand it (i could be incorrect) Transaction time is the minimum time a crypto network can confirm a coin transfer from one account/wallet to another.  For PoW coins this is slightly higher than their block time.  PoS coins can have a MUCH faster block time, but fluctuate more with their transaction speeds due to lack of hashing power (no heavy CPU, GPU or ASIC providing the power), therefore average confirmation time (proof of a successful transaction) is more appropriate for comparison.

Oddly, the BlackCoin specs state a 1 minute block time, which while true for the PoW distribution stage cannot be correct for its now PoS network, as the confirmation times have been as fast as 32 seconds, as per bitinfocharts.com

A transaction is a data bundle, if you like, with the info needed to be added to the blockchain. It needs to be confirmed at least once, a confirmation. The links you've provided shows the first confirmation takes 0.89 minutes on average. It takes 10 confirmations to be absolutely safe.

Wherr does the 10 sec come in?

From my previous looks at the official Blockchain explorer... which now shows transactions as quick as 2 seconds, so the network could be even quicker for transactions than 10 seconds Shocked
http://blocks.blackcoin.pw/chain/BlackCoin

Block           Approx. Time       Transactions   Value Out           Difficulty   Outstanding   Average Age   Chain Age   % CoinDD
86469   2014-04-25 00:25:14           3   4529.49055015   0.268   74514476.59108503   12.1918   59.7675   78.6195%
86468   2014-04-25 00:24:31           2   1125.14479714   0.237   74514476.48124018   12.1917   59.767   78.6194%
86467   2014-04-25 00:24:29           2   6268.51900027   0.216   74514476.36252451   12.1917   59.767   78.6194%
86466   2014-04-25 00:24:15           2   2451.75011091   0.223   74514474.5298787   12.1924   59.7668   78.618%
86465   2014-04-25 00:22:58           3   1745.16441788   0.23     74514474.37055986   12.1916   59.7659   78.6191%
86464   2014-04-25 00:21:41           4   7801.43828072   0.254   74514473.95636921   12.1909   59.7651   78.62%
86463   2014-04-25 00:19:48           2   3000.90649713   0.339   74514473.69240755   12.1903   59.7638   78.6207%
86462   2014-04-25 00:15:58           2   3501.16701899   0.339   74514473.59945559   12.1876   59.7611   78.6243%
86461   2014-04-25 00:16:30           3   2048.69126806   0.327   74514473.35841021   12.1881   59.7615   78.6236%
86460   2014-04-25 00:15:49           3   1138.69085308   0.325   74514472.6538097   12.188   59.761   78.6236%
86459   2014-04-25 00:14:52           2   11384.21974278    0.291   74514472.49684546   12.1874   59.7603   78.6244%
86458   2014-04-25 00:14:44           2   1050.36406836   0.278   74514471.47026702   12.1878   59.7602   78.6236%
86457   2014-04-25 00:14:07           3   1517.59626968   0.282   74514471.27530063   12.1875   59.7598   78.624%
86456   2014-04-25 00:13:00           2   6000.39043972   0.249   74514471.2159428   12.1868   59.759   78.625%

But you have shown the average is 0.89 minutes, why point to favourable runs as if they are typical? The facts are 0.89minutes for first confirmation.

There is also a 4min block and 2min block in the list.
2278  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 25, 2014, 12:32:37 AM
As I understand it (i could be incorrect) Transaction time is the minimum time a crypto network can confirm a coin transfer from one account/wallet to another.  For PoW coins this is slightly higher than their block time.  PoS coins can have a MUCH faster block time, but fluctuate more with their transaction speeds due to lack of hashing power (no heavy CPU, GPU or ASIC providing the power), therefore average confirmation time (proof of a successful transaction) is more appropriate for comparison.

Oddly, the BlackCoin specs state a 1 minute block time, which while true for the PoW distribution stage cannot be correct for its now PoS network, as the confirmation times have been as fast as 32 seconds, as per bitinfocharts.com

A transaction is a data bundle, if you like, with the info needed to be added to the blockchain. It needs to be confirmed at least once, a confirmation. The links you've provided shows the first confirmation takes 0.89 minutes on average. It takes 10 confirmations to be absolutely safe.

Wherr does the 10 sec come in?
2279  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 25, 2014, 12:21:56 AM
I think people are pulling out of Blackcoin because the big growth is over and done.

Whitecoin is moving. And PoS ends like what in 3 hrs.

BC lovers say WC sucks, it's nothing but a copy coin.

I'm moving into WC. I hope it copies BC verbatim. 1200 to 50000.

That my friends is MONEY!


Yeah I don't know why the BC community would not like the fact that WC exists. If it's a clone of BC, then why not buy it for SOOOOO much less and take the ride up just like BC did. You're getting the same exact coin for 30 times less the price. Wouldn't you like to have bought BC at 1000, or adjusting for total coins, at 4000?

That's the thing though, it's not the same and not the next BC, it has literally no community, yes a bunch of whales laughing drinking cocktails counting bitcoins that Pump and Dump WC, that's about it.

Anyone interested in making lots more per day than they do at the BC multipool, check out hashrate.org
10% bonus to 10% of the miners daily, NXT is the first stake-based cypto and has a whole host of features that neither Blackcoin, nor any of the other Bitcoin derivitatives have.
Do yourself a favor and at least check it out.
http://hashrate.org

This is a scam right? Have seen it come by numerous times..

I can vouch for hashrate. The blackpool is based on the work paradigmflux helped create.
2280  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 25, 2014, 12:12:59 AM
BlackCoin - The Best Cryptocurrency (so far):

1. Fastest transacting coin in the world's top 10 cryptos, only 10 seconds!
2. Fastest confirming coin in the world's top 10 cryptos, less than minute!  Vital for retail business!
3. Ranked #3 in daily trading volume for weeks
4. Ranked #9 in market-cap for over 10 days
5. Ranked #2 in BitCoinTalk's Alt-Crypto forum activity
6. New Internet-Trading APIs, Exchanges and Merchants are accepting BC every week
7. Easy to implement in Trading APIs
8. No inflation from newly mined/created coins
9. Rapidly increasing distribution

Always bet on black

Feel free to quote & repost Wink

1 is inaccurate. Others equal bc (arguably exceed bc)
2 is misleading without reference to the number of confirmations and security
8 is wrong. Bc has 1% inflation
9 links?

It's late (UK time) but I'm happy to discuss:
1. Any other coins in top 10 cryptos than transact in 10 seconds?
2. Linky: http://bitinfocharts.com/comparison/confirmationtime-bc.html
8. 1% inflation is correct, from staked coins, i stated "No inflation from newly mined/created coins"
9. Linkies: http://agran.net/bc_getbalance.php?top=100 & https://bitcointalk.org/index.php?topic=469640.msg6346563#msg6346563

1 I pm'd you the answer.
2 the link shows the average confirmation time hovers between .8 and 1 minute. It has never been near 10 seconds. I haven't seen anything to support the claim of 10second transactions.
8 why make the distinction if the effect is an increase in supply without the added value?
9 those r the links but I can't check them now, thanks


1. No need for PM but thanks anyway.  For everyone else visit http://bitinfocharts.com and click the BC to add it to comparison (they don't include NXT, Ripple, Mastercoin or Bitshares, the other top 10ers).  Dogecoin is closest with transaction time of 1 minute, but still much slower.
1a. Nxt has a 1 minute block transaction time https://bitcointalk.org/index.php?topic=345619.0
1b. Ripple (which most crypto enthusiasts don't consider a proper cryptocurrency, i.e full premine, no volume and continually decreasing market cap) don't state a transaction time, only "a few seconds" https://ripple.com/wiki/FAQ#How_long_before_a_transaction_is_considered_final.3F
1c. Mastercoin and BitShares have same transaction time as Bitcoin, 10 minutes.

2. As per bitinfochart link in 1, Dogecoin comes closest to BC average confirmation time of 0.89 minute(s) with 1.1 minute(s).

8. I was merely stating an advertisable fact Smiley thanks to your input I'll add 1% yearly stake interest as another highlight when I next requote tomorrow

What are the definitions of the words transaction and confirmation when you use them?
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