[ANN] Blackcoin Protocol [BLK] | Home of PoS 3.0 | No ICO | No Pre-mine

[Hardunkichud]

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

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[dzimbeck]

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.

[STT]

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

[Hardunkichud]

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 

[g1itch]

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

[anotherlateminer]

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

[Hardunkichud]

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

[investortrusted]

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

[janko33]

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

[Hardunkichud]

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.  

[harrykpeters69]

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.

[janko33]

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

[Hardunkichud]

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. 

[r_victory]

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

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.  

[Magnion]

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

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

[Hardunkichud]

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

[krzysiekj]

Paspagon (file payment processor which had been supporting BlackCoin exclusively) has suspended services.

[Hardunkichud]

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

[STT]

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

% of supply owned by the top 100 accounts, standouts:
- Bitcoin 19%
- Ethereum 35%
- Ripple 98%
- Bitcoin Cash 25%
- Stellar 95%
- IOTA 62%
- NEO 70%

[Hardunkichud]

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.