[ANN] Blacknet BLN | Staking | Future of zApp & ZeFi

[Miner232432]

Prices could go to 100 satoshi or 10000 sat

The answers from the Dev will make all the difference :

The mandatory questions to the developer are:

WARNING: The developer has a duty to clearly outline the POS parameters of his COIN

1) When do untouched balances stake [days] Now, they started staking at block 5,000
2) Will all wallets with untouched balances stake ? Yes providing they are connected to network
3) If the answer to quest#2 is NO then which qualifying wallets will stake? see 2
4) Is the qualification by random selection ? Yes
5) If not all qualified wallets stake, what proportion of the 100,000,000 coins will stake ? see 4
6) When an amount is staked how long will this amount collect interest ? 8 hours for coin to mature
7) Is the stake interest rate 1% per annum, per 8 hours, etc, etc ? Unsure
8. Will locked wallets stake ? NO
9) Will encrypted wallets stake ? Yes
10) Will unopened wallets stake ? Unsure

This is from personal experience of having my unlocked but encrypted wallet stake my coins that haven't been touched for 8 hours

It's only really 7 & 10 that the dev needs to answer as I'm still confused myself about the 1% per annum part

[1714732169]

1714732169

[tavirosu]

So you basically took the PeerCoin code, copy paste name, changed some global variables in header files, sped up the PoW period, added racial overtones to win the white supremacists over, and volla ... you can now trade with blacks.

Sweet.

How, about black is a color? It's hard to know, facts like that...

[djslick]

the minting seems to already be working, i got a 0.64 "mined" in my transaction log, says the source that was the wallet receive address that was where the original "actually mined from a pool" coins came from.

so it works, woo!

[Miner232432]

Thanks for updating the FAQ Rat

FAQ

    What sould I do to start PoS mining?
    Have your wallet unlocked and online.
    How compund interest is calculated?
    https://en.wikipedia.org/wiki/Compound_interest#Compound_Interest
    I still don't understand PoS interest!
    Then think about it as 1% per year
    What is the number of coins?
    Not fixed nor limited

[jetlee]

Stop selling on mintpal can't u se how low it is?

[amdfxman1701]

I mined on launch day and still haven't received any stakes . . .

Unlocked wallet and all. 

[HammyCoin]

The price is being manipulated. Someone is buying a lot of blackcoin from panic sellers right now at these basement prices.

[WalkerLi]

I mined on launch day and still haven't received any stakes . . .

Unlocked wallet and all. 

Do you update the wallet to V1.0.1?
Once you trans out, coin age will restart.

[RouletteRun]

The price is being manipulated. Someone is buying a lot of blackcoin from panic sellers right now at these basement prices.

I bought a few myself.    

[HammyCoin]

This coin wasn't instamined, I was here on launch, it had the lowest block height of any coin I've seen at a launch. Diff was .012 when I started mining.

[hoju2k]

I like how people always say that the price is being manipulated when is going down, but never when is increasing, no offense.

[Jeezy911]

Told you guys to get out lol, had some good profits and got greedy.

[eightspaces]

Wrong.

The market is being manipulated by the people who instamined it (Devs and Wolong).

Get out while you can guys, these devs are buddies with PANDA scammer devs.

Completely wrong, random and plain offensive. Why the fuck do you even post such bs?

Ridiculous

[ShabbosGoy]

Told you guys to get out lol, had some good profits and got greedy.

That's the key to pump and dump coins, controlling your greed and getting out before the dump.

Good job making some money off this coin.

[hughjays77]

thanks for the reply but I like many others have mined since day 1 and have left my wallets opened unlocked since then as well. Still no Stake. I dont think your answer to question #2 is correct as later you say its by random selection.

[quote heir author=hughjays77 link=topic=469640.msg5420598#msg5420598 date=1393568453]
Prices could go to 100 satoshi or 10000 sat

The answers from the Dev will make all the difference :

The mandatory questions to the developer are:

WARNING: The developer has a duty to clearly outline the POS parameters of his COIN

1) When do untouched balances stake [days] Now, they started staking at block 5,000
2) Will all wallets with untouched balances stake ? Yes providing they are connected to network
3) If the answer to quest#2 is NO then which qualifying wallets will stake? see 2
4) Is the qualification by random selection ? Yes
5) If not all qualified wallets stake, what proportion of the 100,000,000 coins will stake ? see 4
6) When an amount is staked how long will this amount collect interest ? 8 hours for coin to mature
7) Is the stake interest rate 1% per annum, per 8 hours, etc, etc ? Unsure
8. Will locked wallets stake ? NO
9) Will encrypted wallets stake ? Yes
10) Will unopened wallets stake ? Unsure

This is from personal experience of having my unlocked but encrypted wallet stake my coins that haven't been touched for 8 hours

It's only really 7 & 10 that the dev needs to answer as I'm still confused myself about the 1% per annum part
[/quote]

[DougB62]

The price is being manipulated. Someone is buying a lot of blackcoin from panic sellers right now at these basement prices.

Wrong.

The market is being manipulated by the people who instamined it (Devs and Wolong).

Good thing I sold my 100K for a hefty profit. Get out while you can guys, these devs are buddies with PANDA scammer devs.

If you are experienced with pump and dump coins you should know the bottom is about to be pulled and many bagholders will be created.

https://bitcointalk.org/index.php?topic=460037.0

This coin has no community besides people like me who are only interested in making a few quick BTC.

FUD. FUD, FUD, FUD.

If you are only interested in "making a few quick BTC", then make it, and be gone with you. If you are only interested (purely) in making a quick buck, then you wouldn't bother warning anyone. You would watch it fall apart, while you cashed out, and then move on. It is very clear that you have an interest in picking up the coin during a panic sale. Which also tells me that you are banking on it rising - even if only a little - so that you can sell your newly acquired, cheap coins, and make even more of "a few quick BTC".

Nope.

FUD

[Vann]

This coin wasn't instamined, I was here on launch, it had the lowest block height of any coin I've seen at a launch. Diff was .012 when I started mining.

If it is being manipulated, it's by a bunch of low ballers. 2-3 of BTC will maipulate back our way

[ShabbosGoy]

The price is being manipulated. Someone is buying a lot of blackcoin from panic sellers right now at these basement prices.

Wrong.

The market is being manipulated by the people who instamined it (Devs and Wolong).

Good thing I sold my 100K for a hefty profit. Get out while you can guys, these devs are buddies with PANDA scammer devs.

If you are experienced with pump and dump coins you should know the bottom is about to be pulled and many bagholders will be created.

https://bitcointalk.org/index.php?topic=460037.0

This coin has no community besides people like me who are only interested in making a few quick BTC.

FUD. FUD, FUD, FUD.

If you are only interested in "making a few quick BTC", then make it, and be gone with you. If you are only interested (purely) in making a quick buck, then you wouldn't bother warning anyone. You would watch it fall apart, while you cashed out, and then move on. It is very clear that you have an interest in picking up the coin during a panic sale. Which also tells me that you are banking on it rising - even if only a little - so that you can sell your newly acquired, cheap coins, and make even more of "a few quick BTC".

Nope.

FUD

Am I a bad person for looking out for my fellow cryptocurrency users?

[XbladeX]

The price of this coin will be directly proportional to the appearance of the Developer on this said thread

http://www.blackcoin.co/blog if you want news go there dev is active...
So far he is only one so we dont have PR payed guys who are here for answering every stupid question which is frequently the same...
I think dev have more important thing to do than only making as PR guy here.
Do you want PR ? go next coin or other premined coins they have hired PR guys .
Some day somebody will join his team and help him.

[gonzzo]

hey

Question about PoS mining which is completely new for me.

if i have the client open on 3 pc's (with the same wallet) but only unlocked on one, is this a problem or even any benefits if i unlock on all 3 pc's?

sorry if that was already asked, have not found any answer ...