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rat4
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Blacknet is the next update of BlackCoin. Due to complexity of updating from UTXO model to account model the chosen way to update is new blockchain. Migration details will be announced in advance. Design goal: focus on proof of stake and provide an interface for smart contracts for everything else. Download BlackCoin wallet: https://github.com/CoinBlack/blackcoin/releases/tag/v1.2.5Launch Date: 24 Feb 2014 06:00 UTCNo premine. No ICO.Specifications- PoS without coin age
- Max reorganization depth: 500 blocks
- Block time: 64 seconds
- Difficulty retarget: every block
- PoS Reward: 1.5 BLK
- Min transaction fee: 0.0001 BLK
- Fees are paid to miners
- Confirmations: 10, maturity: 500
- Min stake confirmations: 500
- P2P port: 15714, RPC port: 15715
Proof of work (done)- Algorithm: scrypt
- Block reward: 10000 BLK, no halving
- Max height: 10000 (after this network will not accept PoW)
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miramare
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February 16, 2014, 06:11:33 PM |
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BlackCoin is pure Proof of Stake coin, except stage of initial distribution, when it's mixed PoW and PoS coin. LaunchNo premine.Specifications- Block time: 1 minute
- Difficulty retarget: every block
- Stake interest: 1% annually
- Min transaction fee: 0.0001 BC
- Fees are paid to miners
- Confirmations: 10, maturity: 500
- Min stake age: 8 hours, no max age
- P2P port: 15714, RPC port: 15715
Proof of work spec- Algo: scrypt
- Block reward: 10000 BC, no halving
- Max height: 10000 (after this network will not accept PoW)
Downloads- Linux: coming soon
- Windows: coming soon
- Source code: at launch
It's better to make the logo look nice. |
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rat4
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February 16, 2014, 06:15:45 PM |
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It's better to make the logo look nice.
It would be nice if someone propose nicer logo  |
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jdwi31
Member
 Offline
Activity: 118
Merit: 10
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February 16, 2014, 07:12:32 PM |
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Do you offer a bounty for logo design?
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passionsurf
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February 16, 2014, 07:18:04 PM |
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total number of coins?
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tk808
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February 16, 2014, 07:27:54 PM |
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A lot of these coins are getting really interesting with distribution.
Like the idea, hope i can be of assistance to your development. Pm me.
Cheers and best of luck.
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rat4
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February 16, 2014, 07:31:50 PM |
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total number of coins?
Not limited. Initial PoW supply not more than 100 000 000 |
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boozoodoo
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February 16, 2014, 07:39:26 PM |
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+1 im in!
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darthburnstuff
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February 16, 2014, 11:26:18 PM |
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Too bad it's not scrypt-jane  |
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physalis
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February 17, 2014, 02:30:58 AM |
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Too bad it's not scrypt-jane I agree. Maybe consider making it scrypt-jane? Otherwise interesting coin |
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rat4
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February 17, 2014, 07:18:33 AM |
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Maybe consider making it scrypt-jane?
Scrypt seems good today and switch to PoS-only will happen quickly. |
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sq
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February 17, 2014, 08:02:16 AM |
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JammyDodger
Member
Offline
Activity: 89
Merit: 10
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February 17, 2014, 01:12:00 PM |
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jetlee
Jr. Member
Offline
Activity: 56
Merit: 0
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February 17, 2014, 11:26:52 PM |
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physalis
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February 18, 2014, 12:12:11 AM |
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I like the new logo rat4 "B" will always be colloding with the B of Bitcoin, but hey, not much to do about that short of changing the name. jetlee, that logo is also very nice! Not sure about the slogan that goes around it though. What "destiny" does this coin determine?  Also, just from a desing perspective, you might not want to have a text that makes people turn their heads upside down. It's fine for real physical coins that you hold in your hand and can turn around, not so much with coins that are just representations on a computer screen  |
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The One
Legendary
Offline
Activity: 924
Merit: 1000
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February 18, 2014, 12:56:32 AM |
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Stake interest: 1% annually
Is that all?
Are you a banker?
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........What is C?.........
.............. | ...........ICO Dec 1st – Dec 30th............
............Open Dec 1st- Dec 30th............
...................ANN thread Bounty....................
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rat4
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February 18, 2014, 07:53:10 AM |
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Stake interest: 1% annually
Is that all?
Are you a banker?
Well, nominal interest is 1% annually. And minimal stake age is 8 hours. Now imagine compound interest Edited: to be more srs, PoS mining is cheap |
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crocko
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February 18, 2014, 08:26:12 AM |
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+1 interested
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yupee
Newbie
Offline
Activity: 17
Merit: 0
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February 18, 2014, 11:40:28 AM |
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Hello,
How is this mixed proof of work / proof of stake working? Could someone give some pointers?
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tibenian
Member
Offline
Activity: 70
Merit: 10
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February 18, 2014, 02:10:02 PM |
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It's better to make the logo look nice.
It would be nice if someone propose nicer logo  |
BTC: 1EDHNA8rSbsbuddv86kjJVGsTFCAapAwkP
CLR: CaGGJR77mt9n5WEtFfVTtghEYTeXj5xc2S
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