[ANN][Jack] ★★★ BlackJack ★★★| PoS/PoW | Innovative hybrid algorithm

[tekyboy]

............

snip...........

guys i did change something at the backend if you have freehash then direct it to the pool. will confirm shortly if it work

don't think pool is working... 

thanks mansa for sending some hash pool is functional now. there is few mins delay in frontend and backend Smiley

It was me. By the way... what you think about the block number 1 ?

ohk since he reported first thought first miner is him anyways thanks, i would be happy to answer if premine would be in my wallets

[1714723151]

1714723151

[1714723151]

1714723151

[1714723151]

1714723151

[1714723151]

1714723151

[BlackJackDev]

Coins from 1st block will be used for growing JACK eco-system, adding JACK to exchanges, wallet improvements, integrating JACK into different services, etc. More information will be provided in future announcements.

[ASICrefugee]

So 210,000 JACK for the dev.
Total from EARLY POW phase (2500 blocks x 21 JACK) = 52,500 for ALL other miners!
Then POW actually STOPS for another 72,500 blocks - that could be 100 days - with NO REWARD.

Dev already has 4 x the available coins BEFORE the mad POS % kicks in for nearly 60 days.

Then he can stake like a boss and everyone else get screwed. He is going to have more than 80% of the coins!

Only a complete loon would throw hash at this........

[Bank_sy]

So 210,000 JACK for the dev.
Total from EARLY POW phase (2500 blocks x 21 JACK) = 52,500 for ALL other miners!
Then POW actually STOPS for another 72,500 blocks - that could be 100 days - with NO REWARD.

Dev already has 4 x the available coins BEFORE the mad POS % kicks in for nearly 60 days.

Then he can stake like a boss and everyone else get screwed. He is going to have more than 80% of the coins!

Only a complete loon would throw hash at this........

they should write 80% premine  ninja launch!!!

[poolmn]

Pool:

https://pool.mn/jack

[refregirator]

good job guys, I'll hope for good trades on the stock exchange

[rossr1]

Wow, thats some premine,  lets get that burnt  first and then I would think about mining as its about time there was in wallet blackjack and poker.

[Mohareb]

Premined coins are %4.2 of all total coins. we had some coins with 5% Premined that were very successful. Thus i am in and starting mining.

[rossr1]

Premined coins are %4.2 of all total coins. we had some coins with 5% Premined that were very successful. Thus i am in and starting mining.

Yes possibly would agree,  but rewards stop during pow for a long time, whilst dev grabs high pos as ASICREFUGEE points out above.

[shimlbit]

Blocks rewards
1 to 2500 = 21 Jack
2501 to 74999 = NO PoW

1st block  210000 coins

pos
100 to 41000 = 21000% per year
so 57% daily

he got over 100k daily from staking...

this was stupid from the devs....ppl who are mining this are stupid 2 and will loosing their btc for sure

[kevin1234a]

Blocks rewards
1 to 2500 = 21 Jack
2501 to 74999 = NO PoW

1st block  210000 coins

pos
100 to 41000 = 21000% per year
so 57% daily

he got over 100k daily from staking...

this was stupid from the devs....ppl who are mining this are stupid 2 and will loosing their btc for sure

a BLACK jack!!!

[johnnysof]

Blocks rewards
1 to 2500 = 21 Jack
2501 to 74999 = NO PoW

1st block  210000 coins

pos
100 to 41000 = 21000% per year
so 57% daily

he got over 100k daily from staking...

this was stupid from the devs....ppl who are mining this are stupid 2 and will loosing their btc for sure

You forgot to mention there are still no wallets and the only one staking now is the probably the dev accumulation even more coins daily  

[rossr1]

Blocks rewards
1 to 2500 = 21 Jack
2501 to 74999 = NO PoW

1st block  210000 coins

pos
100 to 41000 = 21000% per year
so 57% daily

he got over 100k daily from staking...

this was stupid from the devs....ppl who are mining this are stupid 2 and will loosing their btc for sure

You forgot to mention there are still no wallets and the only one staking now is the probably the dev accumulation even more coins daily  

At least the dev can play blackjack on his own to his hearts content

[ASICrefugee]

Premined coins are %4.2 of all total coins. we had some coins with 5% Premined that were very successful. Thus i am in and starting mining.

The premine is HUGE. 210,000 JACK
Then add the 100 days of no reward (dev has 80%+ at this point)
Then add the 21000% POS rewards for 60 of those 100 days - and the other 40 days are at 10000%

My maths :

21000/365 = 57.5% per DAY. Even without compounding that %, lets keep it simples, that is a % increase of 3452% over the first 60 days.

Would you gamble in a place where the house percentage is so high?

If you were an exchange would you list this knowing that the dev has the potential to dump a huge premine?

Feel to check my post history, you can see I have NEVER shown any malice towards any coin, but this is such a blatant grab for YOUR BTC that something needs to be said.

Dev suggestion : Burn 200,00 JACK leaving you a 20% (10k coins v 52k mineable) before the high POS kicks in and you MIGHT just save your coin  

EDIT : My bad, high POS already kicked in    Coin is dead

[shimlbit]

http://www.explorer.blackjack.cf/address/9mx73ZzkcZPNepNxNtXsHuezfRMFSp5ShS

dev address

got 40k more r.i.p dudes

caffbf89e3540718c690fdb17e03a667ac8aa8bdbc63bee67e5071e2d8c1376f

this was just one pos block for example

[ASICrefugee]

Top 10 Wallets from the Richlist:

1 9mx73ZzkcZPNepNxNtXsHuezfRMFSp5ShS    254105.96952000    97.90
2 9no18r3jtr4QL92kAHBVVcCZNVwE7DADh4         859.54806000      0.33
3 9quY9UYmfkLwAnkdtVaVwrJCJqBRwZ4Rpq         826.08671024      0.32
4 9pQgQhTh9QKArAJQ9dVFH36E85Bz152w3S       785.44729301      0.30
5 9VkpCgDSc2cynR4Gyzuy5WC7tqV2VwqJn2        784.17213000      0.30
6 9qNLay3UuJDwacSmVb1xd9i2SaafdV5Vsd         552.12090257       0.21
7 9aSbJPvDHF6n7n6p2rqexGPD3dGHAoD62K       545.29012678       0.21
8 9fTVx61vjoJxr9BzNfrd55cw6wi2s18cDt             462.00030000       0.18
9 9bxeVkbvFBodLgWCJHdzZEYdbCU1oXYzjj        391.02049000        0.15
10 9i6RBQQgSRTjRhUhfVbujEYVcSF8ebhoww       65.51884400

97.9% - Does anyone think that might be the dev's wallet? 

[rossr1]

Top 10 Wallets from the Richlist:

1 9mx73ZzkcZPNepNxNtXsHuezfRMFSp5ShS    254105.96952000    97.90
2 9no18r3jtr4QL92kAHBVVcCZNVwE7DADh4         859.54806000      0.33
3 9quY9UYmfkLwAnkdtVaVwrJCJqBRwZ4Rpq         826.08671024      0.32
4 9pQgQhTh9QKArAJQ9dVFH36E85Bz152w3S       785.44729301      0.30
5 9VkpCgDSc2cynR4Gyzuy5WC7tqV2VwqJn2        784.17213000      0.30
6 9qNLay3UuJDwacSmVb1xd9i2SaafdV5Vsd         552.12090257       0.21
7 9aSbJPvDHF6n7n6p2rqexGPD3dGHAoD62K       545.29012678       0.21
8 9fTVx61vjoJxr9BzNfrd55cw6wi2s18cDt             462.00030000       0.18
9 9bxeVkbvFBodLgWCJHdzZEYdbCU1oXYzjj        391.02049000        0.15
10 9i6RBQQgSRTjRhUhfVbujEYVcSF8ebhoww       65.51884400

97.9% - Does anyone think that might be the dev's wallet? 

wow! dev is gonna be rich lol

[ocminer]

Hmm, looks like the dev searched & replaced a bit too much ?

The "Zerocoin" directory is called "BlackJack" now:

https://github.com/BlackJackDev/BlackJack/tree/master/src/BlackJack

(In comparison here from a regular coin:)

https://github.com/exclusivecoin/Exclusive/tree/master/src/zerocoin


Even the files inside that dir where renamed, including the comments:

https://github.com/BlackJackDev/BlackJack/blob/master/src/BlackJack/BlackJackTest.cpp#L4

Original:

https://github.com/exclusivecoin/Exclusive/blob/master/src/zerocoin/ZeroTest.cpp#L4


Quite funny


Whats that ?! 21000% POS Interest ?

https://github.com/BlackJackDev/BlackJack/blob/master/src/main.cpp#L994

The premine is huge, but we know that already:

https://github.com/BlackJackDev/BlackJack/blob/master/src/main.cpp#L970-L974

[kondiomir]

As I'm sayng...

[mmboulhosa]

Code:

// miner's coin base reward
int64_t GetProofOfWorkReward(int64_t nFees)
{

    int64_t nSubsidy = 21 * COIN;

    if(pindexBest->nHeight < 1)
    {
        nSubsidy = 210000 * COIN;
    }

    if (fDebug && GetBoolArg("-printcreation"))
    printf("GetProofOfWorkReward() : create=%s nSubsidy=%"PRId64"\n", FormatMoney(nSubsidy).c_str(), nSubsidy);
    
    return nSubsidy + nFees;

}

210000 premine without giving a reason?