[PRE-ANN] Blacknet (formerly BlackCoin) | Original research | PoS | No ICO

[coins4meh]

BC to $1

[1524743628]

1524743628

[fedmahnkassad]

again sorry im unsure..
what ever happened to the amazing multipool by BLK
the one that people would mine alts and then auto sell them for buyin blk...is it still around?

https://www.reddit.com/r/blackcoin/comments/69epqm/bringing_back_the_multipool/dhlfhhw/

aww,
but im happy how he responded...respect

so wierd, im not the only one feeling this...
nobody told me ...i just felt it, like many many others , and here we all are
it must be....

The Black Magic  

The blackcoin multipool really was an amazing thing. Maybe if we can get on a more reliable altcoin exchange than poloniex we can talk about bringing it back again.

Ah, I miss the time when coins were pumping on the mere news that there would be a multipool for them. Most newbs probably don't even know what a multipool is.

[hansolo93]

From the SubReddit of Blackcoin

Blackcoin has a few very strong advantages going forwards against Bitcoin, Litecoin, and all the other Proof of Work coins. It's the developmental leader of Proof of Stake, which cuts out the middlemen of Proof of Work, the miners, allowing holders of the coins to do the work and receive the benefits of mining instead.
As can be seen in the bitcoin community at the moment, users and miners when separate can quite easily be at odds.
Another benefit of Proof of Stake is that it eliminates the competition for ever increasing processing power.
Essentially, in Proof of Work, the lottery of who records each block goes randomly to someone who's mining. It's a common misconception that PoW mining is meaningful work, it's random numbercrunching, it's purpose is to determine a random person to write each block in order to decentralize the network. Ironically the ever increasing competition in order to solve blocks has actually ultimately lead to the formation of pools, and the centralization of the network.
In Proof of Stake the number of tickets you have in the lottery of solving the next block is determined by how many coins you have staking. The probability of solving the next block is essentially however many coins you have staking over however many coins on the entire network are staking. As long as you stake you're actually beating inflation, which is a nice side effect of this method.
Proof of Stake is not only a more elegant solution than Proof of Work, but yields more benefits to those who use and hold the coins. Proof of Stake is also more scaleable, as blocktime is unrelated to security, and can simply be shortened to meet scaleabilty needs, something that Proof of Work cannot do.

[Mrpumperitis]

https://www.reddit.com/r/blackcoin/comments/6elkpm/why_invest_in_blackcoin/

lols Mr han solo, just read the same thing i did,lol and like it so much he posted it here ,like i did


damnnnnnn lolol
Black Magic 

[futileresistance]

https://www.reddit.com/r/blackcoin/comments/6elkpm/why_invest_in_blackcoin/

lols Mr han solo, just read the same thing i did,lol and like it so much he posted it here ,like i did


damnnnnnn lolol
Black Magic  

It's not difficult to make an argument against wasteful, conflict-inducing legacy code like PoW. It's just common sense.

Glad you guys liked it though.

[Decentradical]

Bitcoin was originally made to move away from an external agency having full control over our currency. And what did we get? Miners behaving like they're the Federal Reserve of crypto. 

Blackcoin is what Bitcoin was always meant to be. PoW is merely the first attempt at self-governance, but times have changed and people want self-governance now. True autonomy. 

[futileresistance]

Bitcoin was originally made to move away from an external agency having full control over our currency. And what did we get? Miners behaving like they're the Federal Reserve of crypto. 

Blackcoin is what Bitcoin was always meant to be. PoW is merely the first attempt at self-governance, but times have changed and people want self-governance now. True autonomy. 

Rather than constantly escalating the price of mining equipment and the ongoing electrical cost of mining Bitcoin, we have the opportunity to go in the opposite direction.

Right now it costs about $20 for a raspberry pi and about $0.02 in electricity per day to mine Blackcoin. Computing equipment only gets cheaper and more efficient every year, so it should only improve going forward. Making mining accessible to everyone is the path to a truly decentralized cryptocurrency network, wherever they happen to be from.

[Decentradical]

The network requires the same cost right now as it will on a much higher volume. Transaction costs will drop relative to BLK's market cap. How's that for elegant technology. 

[BigWait]

BLK is the best coin of all
but marketcap is low  , dont know why
and other scam or shitcoin high than BLK...

[BigWait]

Bitcoin was originally made to move away from an external agency having full control over our currency. And what did we get? Miners behaving like they're the Federal Reserve of crypto.  

Blackcoin is what Bitcoin was always meant to be. PoW is merely the first attempt at self-governance, but times have changed and people want self-governance now. True autonomy.  

Rather than constantly escalating the price of mining equipment and the ongoing electrical cost of mining Bitcoin, we have the opportunity to go in the opposite direction.

Right now it costs about $20 for a raspberry pi and about $0.02 in electricity per day to mine Blackcoin. Computing equipment only gets cheaper and more efficient every year, so it should only improve going forward. Making mining accessible to everyone is the path to a truly decentralized cryptocurrency network, wherever they happen to be from.

300K BLK can mined 10 BLK /DAY?

[hacksmash]

Bitcoin was originally made to move away from an external agency having full control over our currency. And what did we get? Miners behaving like they're the Federal Reserve of crypto.  

Blackcoin is what Bitcoin was always meant to be. PoW is merely the first attempt at self-governance, but times have changed and people want self-governance now. True autonomy.  

Rather than constantly escalating the price of mining equipment and the ongoing electrical cost of mining Bitcoin, we have the opportunity to go in the opposite direction.

Right now it costs about $20 for a raspberry pi and about $0.02 in electricity per day to mine Blackcoin. Computing equipment only gets cheaper and more efficient every year, so it should only improve going forward. Making mining accessible to everyone is the path to a truly decentralized cryptocurrency network, wherever they happen to be from.

300K BLK can mined 10 BLK /DAY?

not in my experience...
2000BLK can mine 1.5BLK every 2 days (YMMV)

[mindphuq]

BLK is the best coin of all
but marketcap is low  , dont know why
and other scam or shitcoin high than BLK...

Because people still throw their money on hypes. And the next ICO, if hyped enough, collects 34 million in under one minute (BAT). That's almost twice the marketcap of BLK. In less than one minute.

Sadly people rather discuss hypes than technology. There is a lack of discussion about the technology certain alt coins use. It's pros and its cons, it's security advantages and it's risks. To make the coins a better alternative (as in alt-coin) to BTC and improve the technology further. Today it's more about who shills in the brightest colors than who runs the best technology.

[Decentradical]

People are in love with potential technology. They love to talk about this new coin that cures cancer, beats Kasparov at checkers or sends refugees to Mars or whatever. That's what drives speculation and gambling. It's a horse race. 

It used to be bother me. But these days it seems that coins with strong yet simple value proposals will outlast all the hype. They attract a different kind of people.

[coinpreacher]

Is there a chance to add BLK to coinone.co.kr or bithumb.com ?

These two exchanges pump lange volume or KRW (Korean Wong) into Ethereum for example. Blackcoin has a good cummunity in China, this coin would work in South Korea, too.
We are on Polo / Bittrex, why not South Korea.

[mightyMight]

again sorry im unsure..
what ever happened to the amazing multipool by BLK
the one that people would mine alts and then auto sell them for buyin blk...is it still around?

https://www.reddit.com/r/blackcoin/comments/69epqm/bringing_back_the_multipool/dhlfhhw/

aww,
but im happy how he responded...respect

so wierd, im not the only one feeling this...
nobody told me ...i just felt it, like many many others , and here we all are
it must be....

The Black Magic  

The blackcoin multipool really was an amazing thing. Maybe if we can get on a more reliable altcoin exchange than poloniex we can talk about bringing it back again.

Ah, I miss the time when coins were pumping on the mere news that there would be a multipool for them. Most newbs probably don't even know what a multipool is.

Those times are not so long ago and were basically dominated by scammers and their shitcoins.

[mindphuq]

again sorry im unsure..
what ever happened to the amazing multipool by BLK
the one that people would mine alts and then auto sell them for buyin blk...is it still around?

https://www.reddit.com/r/blackcoin/comments/69epqm/bringing_back_the_multipool/dhlfhhw/

aww,
but im happy how he responded...respect

so wierd, im not the only one feeling this...
nobody told me ...i just felt it, like many many others , and here we all are
it must be....

The Black Magic  

The blackcoin multipool really was an amazing thing. Maybe if we can get on a more reliable altcoin exchange than poloniex we can talk about bringing it back again.

Ah, I miss the time when coins were pumping on the mere news that there would be a multipool for them. Most newbs probably don't even know what a multipool is.

Those times are not so long ago and were basically dominated by scammers and their shitcoins.

Btw there is still a multipool that cash out in BLK: Prohashing, it lets you payout in any coin you want, including BLK.
Dedicated blackcoinpool would be better of course, as it focusses mining power on Blackcoin, but at least it's something.

[ArcticWolfie]

Was resycing my BLK wallet (3 years behind....) a few days ago; 0.22 coins left

Quickly solved the coin amount after I figured that out, BLK seems to have a future.

[Mrpumperitis]

again sorry im unsure..
what ever happened to the amazing multipool by BLK
the one that people would mine alts and then auto sell them for buyin blk...is it still around?

https://www.reddit.com/r/blackcoin/comments/69epqm/bringing_back_the_multipool/dhlfhhw/

aww,
but im happy how he responded...respect

so wierd, im not the only one feeling this...
nobody told me ...i just felt it, like many many others , and here we all are
it must be....

The Black Magic  

The blackcoin multipool really was an amazing thing. Maybe if we can get on a more reliable altcoin exchange than poloniex we can talk about bringing it back again.

Ah, I miss the time when coins were pumping on the mere news that there would be a multipool for them. Most newbs probably don't even know what a multipool is.

Those times are not so long ago and were basically dominated by scammers and their shitcoins.

Btw there is still a multipool that cash out in BLK: Prohashing, it lets you payout in any coin you want, including BLK.
Dedicated blackcoinpool would be better of course, as it focusses mining power on Blackcoin, but at least it's something.

say whaaaaa lol

kl thanks m8, ill check it out 

[K0b1]

Good times are coming, Get yourself ready guys it's happening

[mexicantarget]

Here's some stats from faucethub.io.

2 days ago, we added BLK and there have been 79061 claims in total.
There's a total of 20 faucets already and we think it'll be close to 100 by the end of this month.
A total of 2985 BLK addresses have been linked.

More and more people are getting involved with BLK coin.