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

[XbladeX]

That should be pinned !

1) When do untouched balances stake [days] ?
1. Untouched balances are eligible to stake after 8 hours.  When they will actually stake is a matter of random chance, just like finding a PoW block.  But the chance improves the more coins you have and the older the coins are.(and you have 100% chance after year)
2) Will all wallets with untouched balances stake ?
2. Eventually it is most likely that they will stake, you will have to be very unlucky not to.
3) If the answer to quest#2 is NO then which qualifying wallets will stake?
3. read # 1 & 2 again.
4) Is the qualification by random selection ?
4. read # 1 & 2 again.
5) If not all qualified wallets stake, what proportion of the 100,000,000 coins will stake ?
5. read # 1 & 2 again.
6) When an amount is staked how long will this amount collect interest ?
6. Your question makes no sense.  Once you coins generate stake, they are added to your balance and are the eligible to stake again after 8 hours old.
7) Is the stake interest rate 1% per annum, per 8 hours, etc, etc ?
7. This is compund interest is calculated more info there.
    https://en.wikipedia.org/wiki/Compound_interest#Compound_Interest
    I still don't understand PoS interest!
    Then think about it as 1% per year
8. Will locked wallets stake ?
8. No
9) Will encrypted wallets stake ?
9. Yes - if you unlock them, no if you keep them locked.
10) Will unopened wallets stake ?
10. No
11) will unecrypted wallet stake
11) no i haven't staked with opened but unencrypted wallet i had stake after encrypt and unlock wallet it has add me steak 1%
12) how make stake to be count ?
12) encrypt wallet with password, then use command :  walletpassphrase Yourpassphrasehere 99999 true
wait 8h and wuala... then go to point 1.

Update correct if needed guys.

    

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[tic-tac-totoro]

What's going on with scryptominers pool? Last credit I received was from block 6032 and they found a lot of new block. Why do I not get any credit for that? (Yes, I'm mining there)

[XbladeX]

What's going on with scryptominers pool? Last credit I received was from block 6032 and they found a lot of new block. Why do I not get any credit for that? (Yes, I'm mining there)

blocks needs 8h to be spendable don't worry now start be angry after 8h or 450 blocks.

[tic-tac-totoro]

What's going on with scryptominers pool? Last credit I received was from block 6032 and they found a lot of new block. Why do I not get any credit for that? (Yes, I'm mining there)

blocks needs 8h to be spendable don't worry now start be angry after 8h or 450 blocks.

They don't show up in unconfirmed either. Something is going wrong there. See for example:
http://gyazo.com/fabaceecccde0091aa79609894e3325c

[lonely@thetop]

What's going on with scryptominers pool? Last credit I received was from block 6032 and they found a lot of new block. Why do I not get any credit for that? (Yes, I'm mining there)

blocks needs 8h to be spendable don't worry now start be angry after 8h or 450 blocks.

Something's definitely up with them. In MPOS you can see transactions for unconfirmed blocks, last transactions are for block 6032. Recommend changing pools until these guys explain themselves.

[Soepkip]

Dev has been here and updated the OP post ( you can see comments and more explanation on PoS, also the topicname has changed ).

Community Bounty Drive

I, and many others, want this coin to succeed. For this to happen there needs to be more than just exchanges. A vibrant community with places to spend your BC is needed and I personally want to make help this happen. I have previously set up the website (http://www.blackcoin.co) and the Social Media accounts that are available right now (http://twitter.com/coinblack).

Since there is no premine there are currently no funds available to set bounty's with. That is why I have opened up a wallet with the following address:

BAsdtYwvu3a1ErmY7GxWM5squAJnwBJM1c

Donate some BC, either it be 10, 100 or 1000, all is welcome.

I will be setting bounty's for:

Android Wallet
Paper Wallet
Games
Tipbots
Faucets
Stores

And other things that come to mind.
If you are able to make one of these things happen, please start making them.
If you are not able but want this coin to succeed: Please donate.

------------

I'll also be working on the website more today, expect updates.

Update:
Donated so far: 1400 BC

Keep donating!
BAsdtYwvu3a1ErmY7GxWM5squAJnwBJM1c

[rsx19]

not a aingle pos overnight    

[tic-tac-totoro]

What's going on with scryptominers pool? Last credit I received was from block 6032 and they found a lot of new block. Why do I not get any credit for that? (Yes, I'm mining there)

blocks needs 8h to be spendable don't worry now start be angry after 8h or 450 blocks.

Something's definitely up with them. In MPOS you can see transactions for unconfirmed blocks, last transactions are for block 6032. Recommend changing pools until these guys explain themselves.

Yes, highly recommend changing pools as they've not distributed the last 100+ blocks they found to miners...

[yannis7777]

That should be pinned !


11) will unecrypted wallet stake
11) no i haven't staked with opened but unencrypted wallet i had stake after encrypt and unlock wallet it has add me steak 1%


Update correct if needed guys.

    

So unencrypted open wallets do not stake? Only encrypted and open do?

[Jmattes]

Been mining on BC.Scryptominers.com pool since last night and for the last 5 hours even though my miners are all up and running and the pool is recognizing them I have not been paid a single coin..

Has anyone else had this problem? I emailed there support and I am waiting a response.

Update: I see others on here have posted.. shame it happened while I was sleeping..

[Hampuz]

Dev has been here and updated the OP post ( you can see comments and more explanation on PoS, also the topicname has changed ).

Community Bounty Drive

I, and many others, want this coin to succeed. For this to happen there needs to be more than just exchanges. A vibrant community with places to spend your BC is needed and I personally want to make help this happen. I have previously set up the website (http://www.blackcoin.co) and the Social Media accounts that are available right now (http://twitter.com/coinblack).

Since there is no premine there are currently no funds available to set bounty's with. That is why I have opened up a wallet with the following address:

BAsdtYwvu3a1ErmY7GxWM5squAJnwBJM1c

Donate some BC, either it be 10, 100 or 1000, all is welcome.

I will be setting bounty's for:

Android Wallet
Paper Wallet
Games
Tipbots
Faucets
Stores

And other things that come to mind.
If you are able to make one of these things happen, please start making them.
If you are not able but want this coin to succeed: Please donate.

------------

I'll also be working on the website more today, expect updates.

Game available at Just An Arcade

How can it cost 2000 in fee when first prize is 1000? Makes no sense.

Oops. My bad. Contest fee is 100 BC not 2000 BC. It should be 5 cubepoints instead of 100. I've updated it now.

That seems better, was wondering, hehe, thanks for updating so fast! And for making these contests, i enjoy them

[XbladeX]

That should be pinned !


11) will unecrypted wallet stake
11) no i haven't staked with opened but unencrypted wallet i had stake after encrypt and unlock wallet it has add me steak 1%


Update correct if needed guys.

    

So unencrypted open wallets do not stake? Only encrypted and open do?

It looks like, whole night nothing but in morrnig i encrypted and unlocked it added me 1% stake

[Stonerboy]

We could need some Buy orders on Mintpal 
Just bought for 1 BTC but too much shitty dumpers...

[yannis7777]

That should be pinned !


11) will unecrypted wallet stake
11) no i haven't staked with opened but unencrypted wallet i had stake after encrypt and unlock wallet it has add me steak 1%


Update correct if needed guys.

    

So unencrypted open wallets do not stake? Only encrypted and open do?

It looks like, whole night nothing but in morrnig i encrypted and unlocked it added me 1% stake

Many thanks for the response i have encrypted and have it open as of now i will update you as soon as i notice a change.

[yannis7777]

We could need some Buy orders on Mintpal  
Just bought for 1 BTC but too much shitty dumpers...

idd mate. Go away shitty dumBers.

[Jabulon]

How do I know if PoS is set up properly?c 

1. Have correct wallet version, open wallet, let it sync.
2. If you have encrypted (which you should), unlock wallet (this is done in debug window=>console tab, instructions posted further up in thread if you don't know how).
3. Leave wallet open, wait for it to stake some coins.
4. Oh - and you need some coins to begin with, matured min 8 hours. In your wallet.

ok, I bought some earlier yesterday and some today thanks. I'll leave the wallet open.

Full disclosure: I have done all the above, hold about 75k, most of it transferred into my wallet 24 hours ago. Have not had any coins stake since unlocking at block 5000. Not yet. Just reporting.

Update: at about t19h58m my wallet staked a 50k deposit. 1.12BC received. Again, just reporting, hopefully to clarify expectations and reduce unnecessary panic over "Why have I not staked yet?" A bit of patience. Randomness is a factor, as noted in description of PoS.

[colinfx]

Dev has been here and updated the OP post ( you can see comments and more explanation on PoS, also the topicname has changed ).

Community Bounty Drive

I, and many others, want this coin to succeed. For this to happen there needs to be more than just exchanges. A vibrant community with places to spend your BC is needed and I personally want to make help this happen. I have previously set up the website (http://www.blackcoin.co) and the Social Media accounts that are available right now (http://twitter.com/coinblack).

Since there is no premine there are currently no funds available to set bounty's with. That is why I have opened up a wallet with the following address:

BAsdtYwvu3a1ErmY7GxWM5squAJnwBJM1c

Donate some BC, either it be 10, 100 or 1000, all is welcome.

I will be setting bounty's for:

Android Wallet
Paper Wallet
Games
Tipbots
Faucets
Stores

And other things that come to mind.
If you are able to make one of these things happen, please start making them.
If you are not able but want this coin to succeed: Please donate.

------------

I'll also be working on the website more today, expect updates.

Awesome! I've donated 2500 BC

[Jabulon]

We could need some Buy orders on Mintpal  
Just bought for 1 BTC but too much shitty dumpers...

idd mate. Go away shitty dumBers.

This is how a free market works. People are free to dump, people are free to buy at resulting reduced price. Not necessary to plead for community to artificially support price and protect your investment from momentary (or permanent) losses. The market will self-adjust according to its own laws of supply and demand.

[theneos]

That should be pinned !


11) will unecrypted wallet stake
11) no i haven't staked with opened but unencrypted wallet i had stake after encrypt and unlock wallet it has add me steak 1%


Update correct if needed guys.

    

So unencrypted open wallets do not stake? Only encrypted and open do?

No need to encrypt wallet for the stake to happen.  you might not just be lucky enough to have a stake yet.  i got 3 stakes over the night when my wallet was still unencrypted.  

I encrpyt it and did not stake anymore because it's locked.  

once i unlocked, i got 1 stake.

again, it's all random as they say so you just need to be patient.

[thisisnotmyltcusername]

That said, I'm a fan of dedicatedpool. Super-well managed, great community.

if only their autopayout was working correctly...
never received the last one, asked yesterday why it didn't have hany blackcoin transaction ID associated on the transaction page. no answer...