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1582
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MINT]Mintcoin, Energy Saving Coin *24 Exchanges *37 Merchants
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on: April 02, 2014, 06:22:35 PM
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Stop with the FUD it's already been shown that the attack was foiled by the proper functioning of the coin and no doublespend is achievable by that vector
Actually, the only reason PoS kicked back in is because we stopped the attack. One could easily stop the PoS chain for 24 hours+ if he'd wanted to. Hell, even a year is possible. Also, this is a 2 part attack: 1) Make the coin PoW only 2) 51% attack. The second part we did not perform, but we could've done a double spend then. Anyhow, good that the dev finally reacted, hope to see a fix soon! they said they would release a fix if one becomes necessary because theoretical possibilities are not much to worry about You would rather it's not theoretical and he actually 51% attacks your mint blockchain??  You should be careful what you wish for. He reduced the network to relying on almost zero difficulty proof of work mining, a 51% attack at that point is trivial. |
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1584
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MINT]Mintcoin, Energy Saving Coin *24 Exchanges *37 Merchants
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on: April 02, 2014, 06:04:22 PM
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Stop with the FUD it's already been shown that the attack was foiled by the proper functioning of the coin and no doublespend is achievable by that vector
1 hour worth of blocks in the block chain were reduced to proof of work only. And the proof of work difficulty is ridiculously low due to the 1 block reward being no incentive to proof of work miners. A double spend attack in that 1 hour block would be a piece of cake. You're lucky the blackcoin developer isn't malicious or your MINT would have lost 500% of it's value right now... but that could still happen anyway the way the market is reacting to this news |
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1585
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MINT]Mintcoin, Energy Saving Coin *24 Exchanges *37 Merchants
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on: April 02, 2014, 05:50:12 PM
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We have been made aware of potential security issues for MintCoin recently. As we always do, we're actively looking into these issues if any. If there is anything to fix, we'll do it, and we'll do it the best way possible.
I'd like to take this opportunity to point out to all the people who FREAKED OUT and said the devs are douchebags and losers, that the dev team replied within an hour of all this bellyaching and name calling. People get pissed off when I call individuals out by name for being turds, but you know who you are. Others and newcomers reading this part of the thread should take note of the people who obviously have ulterior motives. Don't be fooled by people trying to scare you. Use your brain and think for yourself. Bottom line, the dev team is on it, Mintcoin is all systems go. Uh what. Blackcoin team emailed Mintcoin dev over 20 hours ago about this privately and Mintcoin dev wouldn't regonise the problem. Even now when it's gone public the mintcoin dev still states he'll fix it if it's a problem. Good luck putting your faith in a dev who can't read the blockchain and recognise what has happened |
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1586
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine
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on: April 02, 2014, 05:43:36 PM
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BlackCoin Rewards Card Update!!!I decided to re-post this one more time because we had a lot of troll activity this morning, and I am sure a few people who are interested missed it.I just finished making a cup of coffee when I received this wonderful email! ------------------------------------------------------------------------- Hi redacted,
Thank you for the follow up email.
Based on the information you had provided, we can certainly submit your account request to our issuing bank to see if we can get the reward and incentive program approved. This would need to be a non-reloadable co-branded card program based on your card needs.
Does this work? Would you like to proceed with the account set up process?
Many Thanks,
redacted------------------------------------------------------------------------- Yesterday I sent her a follow up email after not hearing back from her, and I also sent her more information on a few idea changes to make it easier to get approved. I am not going to post my idea changes publicly because it has come to my attention that another community is trying to copy our efforts. Imitation is the best form of flattery  This was a major hurdle to overcome because they do not just submit to the issuing bank unless they are fairly confident it will be approved. I want to point out this does not mean we are approved, but the BlackCoin Rewards Card is closer to becoming a reality! I think I am going to add a little Mint cream in my Black Coffee  I am impressed. Please keep the updates coming, I read this topic daily and somehow missed this! |
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1587
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine
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on: April 02, 2014, 05:33:25 PM
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It's funny with so many dishonest thieves all in one place I don't understand how any of you can trust the other. It sure looks like one of you is lying and selling off more coins than they should be
And....ignored. Wow, it's getting easier and easier to spot and ignore the trolls before they get fed and grow into a week-long monster. Yup the two confirmed trolls are - moderndezigns and - mgburke77 |
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1589
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine
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on: April 01, 2014, 10:48:38 PM
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Can we do this?
While we wait for the press release, there is one thing that needs to be fixed to maximize our ROI.
When visiting BlackCoin.co I immediately notice that the "Buy BlackCoin" section is way below the fold. The Buy BlackCoin section should be above the fold and should be one of the first elements the visitor sees when visiting the homepage. When people read our press release they are going to visit BlackCoin.co, and they might want to buy a few BlackCoins. We have to make it easy as possible for them to get their hands on BlackCoin.
Unfortunately for the average person not familiar with crypto-currencies, using an exchange to buy coins is a daunting task. First you have to convert Fiat to BTC or some other crypto-currency, and then send that currency to an exchange, and then trade that currency for BlackCoin. The average person will never be able to do that. We need a service like CoinBase that will make it easy for the "grandma" investor to be able to buy BlackCoins without the extra steps. We as a community need to come up with a solution for that in the near future.
Whilst it would be amazing I think realistically a Coinbase type service coming on board this early is unlikely. Remember the big problem with running a fiat exchange is regulation (compliance on a day to day basis and then the cost of having the relevant licenses). So I can't see someone here setting up a service like this for Blackcoin from scratch either. Instead I think we should focus on the simple easy things, such as making blackcoin.co as user friendly as possible and also as you say prominently directing visitors towards an exchange. The best route into Blackcoin is probably still by buying Bitcoins. Perhaps we could even have on blackcoin.co the steps eg buy 1 bitcoin at coinbase at this link, then sign up for free at mintpal and place a buy order for 1btc worth of blackcoins. |
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1590
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine
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on: April 01, 2014, 06:54:59 PM
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Could someone explain to me how the multipool is unique to BC? And why other altcoins can't have one too?
It works best for an altcoin which is proof of stake only. Besides that first mover advantage is important. Idk why but it just is in crypto. If some new POW algorithm came out which was cool and a coin was based on it it would get some price rise. But the next coin that copies it exactly a month later won't get the same level of exposure and attention on average. A big part of the multipool is marketing. It spreads the word about blackcoin, shows innovation and it shows community spirit. etc. I guess that's why the NXT multipool didn't get much traction for example. |
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1591
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine
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on: April 01, 2014, 05:32:20 PM
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Blackcoin Community Press Release Project
Hi everyone! The past few days there have been some concerns with BC price dipping a bit, and other concerns that the Volume has decreased by more than half. I would like to point out that BlackCoin is just over a month old and it has gained a lot of value in a very short span of time.
That being said I do believe more can be done on the PR side of things to start generating some positive buzz around BlackCoin. We need to be different than the other cryptocurrency communities and approach mass adoption differently. Most investors that might be interested in investing in BlackCoin do not go to these forums, nor do they read websites related to cryptocurrencies. So we have to bring the BlackCoin news to them.
I have a writer I have used for over 7 years and he write all my press releases. I am writing down BlackCoin's key benefits and he will then write the release. I use a PR service that will submit our release to all the top business and financial sites. This should be the first step at introducing BlackCoin to the masses.
Everyone here already knows the benefits of BlackCoin so I wont list them all. However, in the press release I want to point out BlackCoin is not an ordinary cryptocurrency. It is more like a t-bill/bond/savings account for cryptocurrency. Whereas Bitcoin and other cyrptocurrency prices fluctuate wildly based on postive/negative news, BlackCoin prices are less volatile and a better overall investment.
I am going to schedule the release for the week of April 8th to coincide with the Cryptocurrency Convention in NYC . Once the press release is live the community can start posting links to the release everywhere we can.
I am going to use my own money to pay the writer and the press release distribution service. The writer charges approximately $80 depending on how many words, and the press release service charges $499+ to distribute to financial websites including Yahoo! Finance, Bloomberg, and the Wall Street Journal to name a few.
If you guys want to contribute and help with the cost you can send contributions here: BQQsUdYaqCGUDhdXPADto1gKwvEA2a92TP
If you have contributed to the project and you do not see your name listed, please PM me so I can list your name publicly.PS: To everyone who donated, you will receive an advance copy on the press release this weekend.Contributors Updated
mrbenjie
PeterPalmBeach
taoway
TheGift73
coinpredator
MuffinMaster
jamieb81
CryptoSteam
artiface
noerc
SunnyIgor
JamesR1
YAdaminer
svojoe
ptic-1
cyrilbf
StuartGT
now2ai8
krjalone
UdjinM6
Luxasd
xolokram
mr_random
altuinx
converge80
Chase
ubba
mrwalker1750
ski92
brammien
Creaxy
metacrap
goblynn
a1phanumrc
Packrack101
bradster1993
------------------------------ Goal Raised!!! BC: 22432I want to thank everyone who contributed to this project and I am looking forward to BlackCoin making some news next week!!!Great work team.  |
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1592
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine
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on: March 31, 2014, 08:53:26 PM
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Hi IconicExpert,
Before I send my contribution, I'd like to see some verified credentials.
Please. Bump. I have 1000BC waiting and ready. How about you just send him the BC and trust him? Because this is exactly the reason why there are so many scams around on the Internet. You guys just sent $400 to someone with just a username and know nothing else about him. Or was it posted somewhere? Even trusted members of community have run scams. I see your point though. Next fund raiser, whoever has a good idea lets have the dev or soepkip as escrow. |
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1593
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine
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on: March 31, 2014, 07:40:50 PM
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Mr_Random I will have the writer incorporate your suggestions in the press release. The BTC address is: 1PePCJCQ8C7UEcSV3ssxmvm1pbRSqQm3B6
Once you send the BTC I will convert immediately to BC and then add you to the list. I want everyone to be able to publicly track what we raised.
Hi mate, I have sent 0.22 BTC to 1PePCJCQ8C7UEcSV3ssxmvm1pbRSqQm3B6. Since I presume you are going to convert eveything into dollars I wouldn't bother converting them to Blackcoins. FYI it's about 3900 blackcoins at this seconds exchange range. Nice contribution man! I'm hilarious, earlier I quoted myself! Cheers. Just trying to do my bit for the team  |
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1594
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine
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on: March 31, 2014, 05:58:38 PM
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Mr_Random I will have the writer incorporate your suggestions in the press release. The BTC address is: 1PePCJCQ8C7UEcSV3ssxmvm1pbRSqQm3B6
Once you send the BTC I will convert immediately to BC and then add you to the list. I want everyone to be able to publicly track what we raised.
Hi mate, I have sent 0.22 BTC.
Since I presume you are going to convert eveything into dollars I wouldn't bother converting them to Blackcoins. FYI it's about 3900 blackcoins at this seconds exchange range. |
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1595
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine
|
on: March 30, 2014, 11:50:38 PM
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Blackcoin Community Press Release Project
Hi everyone! The past few days there have been some concerns with BC price dipping a bit, and other concerns that the Volume has decreased by more than half. I would like to point out that BlackCoin is just over a month old and it has gained a lot of value in a very short span of time.
That being said I do believe more can be done on the PR side of things to start generating some positive buzz around BlackCoin. We need to be different than the other cryptocurrency communities and approach mass adoption differently. Most investors that might be interested in investing in BlackCoin do not go to these forums, nor do they read websites related to cryptocurrencies. So we have to bring the BlackCoin news to them.
I have a writer I have used for over 7 years and he write all my press releases. I am writing down BlackCoin's key benefits and he will then write the release. I use a PR service that will submit our release to all the top business and financial sites. This should be the first step at introducing BlackCoin to the masses.
Everyone here already knows the benefits of BlackCoin so I wont list them all. However, in the press release I want to point out BlackCoin is not an ordinary cryptocurrency. It is more like a t-bill/bond/savings account for cryptocurrency. Whereas Bitcoin and other cyrptocurrency prices fluctuate wildly based on postive/negative news, BlackCoin prices are less volatile and a better overall investment.
I am going to schedule the release for the week of April 8th to coincide with the Cryptocurrency Convention in NYC . Once the press release is live the community can start posting links to the release everywhere we can.
I am going to use my own money to pay the writer and the press release distribution service. The writer charges approximately $80 depending on how many words, and the press release service charges $499+ to distribute to financial websites including Yahoo! Finance, Bloomberg, and the Wall Street Journal to name a few.
If you guys want to contribute and help with the cost you can send contributions here: BQQsUdYaqCGUDhdXPADto1gKwvEA2a92TP
Just sent 500 BC to you. Hope it helps. Will be writing a BC wallet tutorial soon as well on my site. Thank you! As suggested by one of the members privately, I will post our goal and current contributions. If we do not reach the goal I will personally cover the rest of the balance. Contributorsmrbenjie
PeterPalmBeach
taoway
TheGift73------------------------------ Goal: 24000 BCCurrent Amount: 1550 BCLeft To Go: 22450 BCI can pledge $100 if you put up a bitcoin address. I think the key is for us to compare it with Bitcoin so people can understand it. I would like us to mention: - Must faster transaction speeds compared to Bitcoin. This is more convenient in general but also makes it more practical for point of sale transactions - Pure proof of stake compared to Bitcoin's proof of work. This makes blackcoin less wasteful of energy (a good figure to quote would be $17 million bitcoin miners use in electricity every day - google for the exact figure) - Much cheaper in price and market capitalisaion compared with Bitcoin. This means investors and speculators have a much larger potential upside with huge growth possibilities. Since we want this to coincide with the Cryptocurrency Convention in NYC I think this will be a fruitful approach since a lot of people will already be familiar with Bitcoin so it we highlight Bitcoin's weakness and compare them to Blackcoin's strengths it will have a greater impact. |
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1597
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Alternate cryptocurrencies / Altcoin Discussion / Re: [POLL] Would you support a Litecoin [LTC] to X11 algorithm hardfork?
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on: March 30, 2014, 11:09:19 PM
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I'd like to kill thoes scrypt ASIC vendor.
Why? It makes no sense. The coins you have mined should go up in value as the blockchain becomes more secure. So you should be happy that all the worthwhile scrypt coins can all become massively secure if you have been mining worthwhile scrypt coins. The security of the blockchain is measured in the dollar cost to protect it not the network hashrate. The arrival of ascis for scrypt doesn't necessarily make the the blockchain more secure. A malicious entity can now spend his dollars buying asics for an attack rather than buying gpus for an attack. If anything asics could temporarily weaken the blockchain if the first asic provider to hit big numbers sold a lot of them to a single entity. Hypothetical though and not important. What is important is the dollar cost concept. |
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1598
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MINT]Mintcoin, Energy Saving Coin *23 Exchanges *34 Merchants
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on: March 29, 2014, 11:22:58 PM
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anyone here wil 10 million MINT or more?
who has the most here?
Well the dev premined 3% of MINT so I would imagine he most of it. But wasn't there talk of him dumping it all on the market? That would explain why he wasn't able to tell us what he spent any of it on? This just proves to everyone that reads your post that you know NOTHING about Mintcoin. It is CLEARLY posted at the beginning of this thread that there was only a 1% premine. When people like you come here and post such rubbish trying to cause FUD, all it does is show that there are people like you that are AFRAID of what a TRUE crypto currency is going to accomplish. Maybe go back under that bridge you crawled out from under and troll someplace other than here, your infantile attemps are useless here. Coins in circulation: 19 billion (source block explorer - http://mintcoin-explorer.info/ . Your main block explorer is down btw http://mint.blockx.info/get/chain/MintCoin as is your mintcoin website http://mintcoin.cc/cgi-sys/suspendedpage.cgi) Premine: 700 million(700,000,000/19,000,000,000)*100 = 3.6%So yes dev has 3% of all MINT that exist in circulation. |
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1599
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine
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on: March 29, 2014, 11:01:55 PM
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Do you think Bitcoins being stolen from mtgox means Bitcoin has a security flaw? What does that have to do with blackcoins vulnerabilities? You are just trying to change the subject instead of analyzing blackcoins security flaws. Reported. You don't seem to be here for information. Let's get this thread back to normal +2. Reporting him too. I also want this back to normal discussion! ^^ So we dropped quite a bit in volume today But we gained quite some hashes at the multipool, and we're up 500 from this morning (EU). Yay @ market  I noticed the drop in volume. I am hoping this follows the same pattern as the previous run up in price. When we first spiked up to 4500 the trading volume broke 1000 BTC and then a dump took us down to 1500 satoshis with the volume eventually settling around 400 BTC at 3000 satoshis. When the trading volume settled like this the price then went on it's next pump up to 9000 and the trading volume went crazy again. Lets see if history will repeat itself |
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