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

[xsedivy]

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/

[1714999004]

1714999004

[1714999004]

1714999004

[1714999004]

1714999004

[Paul33]

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

[hacksmash]

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)

[Paul33]

Member
*


Activity: 71
Merit: 0


View Profile
   
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.

[Paul33]

Any thoughts on black coin  implementing some of these ideas

[Qfox]

Blackcoin mining easy step by using Raspberry pi

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


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

[coingamex]

New exchange coingamex.com accepts Blackcoin, in case you are interested

BLK/BTC and BLK/ETH markets

[STT]

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

[Hendra Wehr]

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.

[Paul33]

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

[nikuji]

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

[Paul33]

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

[Verdell]

From rat4

View Profile
   
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.

[Verdell]

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

[Verdell]

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

[Emerson_Koca]

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!

[STT]

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

[Paul33]

rat4
Full Member
***


Activity: 200
Merit: 102
Posts: 200




View Profile  Personal Message (Offline)
Trust: 0: -0 / +0
Ignore
   
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

[Paul33]

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

[Verdell]

Member
***


Activity: 200
Merit: 102




View Profile  Personal Message (Offline)
Trust: 0: -0 / +0
Ignore
   
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