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

[sandro520099]

What is the expected date of LN activation?

[futileresistance]

What is the expected date of LN activation?

This article makes some good arguments against the lightning network:

https://medium.com/@jonaldfyookball/mathematical-proof-that-the-lightning-network-cannot-be-a-decentralized-bitcoin-scaling-solution-1b8147650800

The main reason it seems like a good idea for bitcoin is because an increase in block size would lead to greater centralization anyway, due to the increased hard drive space requirements to run a full client.

Running a Bitcoin node feels altruistic, so the greater the burden (space requirement) the fewer users will download and run full clients.

Blackcoin users are rewarded for running nodes through staking. For people who get paid for running full clients it doesn't feel unreasonable to have a dedicated raspberry pi and hdd solely for Blackcoin.

I'm not sure lightning network is as good a fit for Proof of Stake coins as Proof of Work ones.

[STT]

LN for Blackcoin Ive not heard that, its already fast and has capacity still.  Shame if that idea is not feasible anyhow, a quick skim of that article I guess the very uneven coin distribution is true and a problem if its p2p which relys on equality of a common asset shared?

I was trying to set Lore on a vista install.   Ideally I would nuke this particular machine from orbit anyhow but I didnt get it working, is anyone on vista with lore just wondered

Can I mine this or only POS now?

Its been stake only for more then a few years.   What you can do is mine these other alt coins and swap them to blackcoin on an exchange.  Just recently the price came back a bit, that should be quite reasonable strategy to build up a holding if you want and hopefully you can choose what ever protocol is more profit for your hardware brand.
    If you want I can direct you to an auto switching pool site, been open for a very long time and seems to be pretty good management and they just put you onto the best coin while you are afk.  

[Decentradical]

Blackcoin already scales way beyond what Bitcoin has. Guaranteed blocks ever 1 minute and 11 seconds prevents any  congestion. Another upside of Proof of Stake.

[janko33]

What is the expected date of LN activation?

29.05.2016 ;P

here it is.. https://github.com/janko33bd/thunder/tree/black-lightning

and as other said, it's not needed, but as you see above possible..

[krzysiekj]

I’ve created a simple Haskell application that lists burnt coins (in particular those created using the recently introduced “burn” command). It is named burnt-explorer and theoretically should work also with other Bitcoin-derived cryptocurrencies, though currently the blackcoind binary name is hard-coded.

Using that tool, I’ve performed an analysis of blocks 1 to 1697894.

[maarx]

I'm working on v5 

Some progress there... It needs accounts, as opposed to UTXOs.
But there's a difficult question: UTXOs and accounts, or only accounts?

I like the UTXO system but am not familiar with accounts system.

[futileresistance]

I'm working on v5 

Some progress there... It needs accounts, as opposed to UTXOs.
But there's a difficult question: UTXOs and accounts, or only accounts?

I like the UTXO system but am not familiar with accounts system.

This seems like a pretty good explaination:

https://github.com/ethereum/wiki/wiki/Design-Rationale#accounts-and-not-utxos

[Trollollo]

@Rat4
Does Blackcoin have BIP65 and OP_CHECKLOCKTIMEVERIFY?I`m trying to make a list of coins what can be traded on Blocknet DX  decentralized exchange.If Blackcoin has BIP65,it can be traded on DX.
Cheers!

[DrDolittle]

Does Blackcoin have BIP65 and OP_CHECKLOCKTIMEVERIFY?

Yes https://github.com/CoinBlack/blackcoin/blob/master/src/main.cpp#L1423

[mindphuq]

@Rat4
Does Blackcoin have BIP65 and OP_CHECKLOCKTIMEVERIFY?I`m trying to make a list of coins what can be traded on Blocknet DX  decentralized exchange.If Blackcoin has BIP65,it can be traded on DX.
Cheers!

This would really be great, help getting rid of the weight on the price from polonimads

[Feilongcoin]

Can someone help me with this problem. My wallet sticks after syncing a while. I have tried 1.2.4 and LoreQT and on different computers.

[futileresistance]

Can someone help me with this problem. My wallet sticks after syncing a while. I have tried 1.2.4 and LoreQT and on different computers.

Have you tried the bootstrap?

https://www.reddit.com/r/blackcoin/comments/6b3imq/blackcoin_bootstrapdat_up_to_block_1631800/

[vipercps]

Will not have campaigns on twitter? And translation?

[Feilongcoin]

Can someone help me with this problem. My wallet sticks after syncing a while. I have tried 1.2.4 and LoreQT and on different computers.

Have you tried the bootstrap?

https://www.reddit.com/r/blackcoin/comments/6b3imq/blackcoin_bootstrapdat_up_to_block_1631800/

Download and unzip the bootstrap.dat file from:
https://mega.nz/#!R64nQARY!o8Ovl-2OLWMF6quSfpEXPEbcsmHiLhPegSnaHQXgR6I
Using the bootstrap: Start the client with the loadblock method.
Windows: blackcoin-qt.exe -loadblock=C:..\bootstrap.dat Linux: ./blackcoin-qt -loadblock=/home/../bootstrap.dat
In bottom left of the wallet, it will say "Importing blocks..."
BADASSvzgWg5dsowfRzBGNavWggU9tBnJG

I downloaded it. Can somebody help me, explain how to use bootstrap further. I'm not very handy in this.

[fiftyseven]

Can someone help me with this problem. My wallet sticks after syncing a while. I have tried 1.2.4 and LoreQT and on different computers.

Have you tried the bootstrap?

https://www.reddit.com/r/blackcoin/comments/6b3imq/blackcoin_bootstrapdat_up_to_block_1631800/

Download and unzip the bootstrap.dat file from:
https://mega.nz/#!R64nQARY!o8Ovl-2OLWMF6quSfpEXPEbcsmHiLhPegSnaHQXgR6I
Using the bootstrap: Start the client with the loadblock method.
Windows: blackcoin-qt.exe -loadblock=C:..\bootstrap.dat Linux: ./blackcoin-qt -loadblock=/home/../bootstrap.dat
In bottom left of the wallet, it will say "Importing blocks..."
BADASSvzgWg5dsowfRzBGNavWggU9tBnJG

I downloaded it. Can somebody help me, explain how to use bootstrap further. I'm not very handy in this.

Just put the bootstrap.dat in your data directory (where the wallet.dat is) and relaunch the wallet. It will say 'Importing Blocks' rather than 'Synchronizing with Network' in the bottom left of the wallet.

The data directory is in %appdata%\blackcoin in windows or ~/Library/Application Support/BlackCoin/ on Mac.

[STT]

 blackcoin-qt.exe -loadblock=C:\temp\bootstrap.dat

If you ever want to add in a command like that, its probably easiest via a shortcut.   The very first line you can just add -loadblock onto the end of the text and it'll use it when you double click next
To create a shortcut to anything right click and it's on the menu create shortcut.   Then you can drag and drop your icon for shortcut to desktop or anywhere.   Then you right click shortcut > properties to edit, its the first line as I said above.

Other commands are listed near the help menu once loaded.   -rescan is one sometimes helps
-reindex I think was mentioned recently
-datadir=
That one is for when you want blackcoin to look for its files in a new directory, like C:\temp I gave as an example above.     

You can always just create a new folder to put files in, no rules against it.   I dont believe blackcoin is bound to any awkward directory or just the C drive.  Just tell blackcoin where that folder is with -datadir, use your own name for the folder; temp is just my example and I'll be in trouble recommending that :p
Same thing again, right click New>  folder and rename to anything

[mindphuq]

Oh BLK, what did they do to you??

Monero pair is adding huge pressure on the coin on poloniex.
BLK/XMR + Polo = bad for the price

But on the other hand, more cheap coins for those that want to buy in and missed the last few trains to moon.

[BigWait]

Oh BLK, what did they do to you??

Monero pair is adding huge pressure on the coin on poloniex.
BLK/XMR + Polo = bad for the price

But on the other hand, more cheap coins for those that want to buy in and missed the last few trains to moon.

why BLK/XMR be huge pressure?
means people sell blk to change xmr ?
or when   XMR down  , blk will down  faster?
 sorry i dont know ...

[Decentradical]

I don't think anyone here truly knows how the XMR/BLK pair is truly flowing. That said, more pairs are always welcome, even if they lead to short term price drops or give a means to manipulate the price.