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Author Topic: [PRE-ANN] Blacknet (IBO for BlackCoin) | Original research | PoS | No ICO  (Read 2452686 times)
STT
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June 27, 2017, 08:42:25 PM
 #33461

Isnt Raspberry less then the average android phone, is it not feasible to stake from a phone.   I dont use mobile alot but I'm just thinking of all those people with expensive phones and its basically a computer, maybe their only one.  Its  mobile connection would be most of the reason why maybe.



Seems important to repeat, double check here on new sites and send small amounts on anything new.



I guess the person asking about weight already knew about this in the corner -

I have used the dump and import wallet and it helped btw.  Stake shows on explorer now though its maybe stuck on display, not sure.  Progress anyhow    [Display updated after like 10 hours to show the stake confirmed]

Bitcoin down some in its short term and medium term takes longer to observe, sells on bigger coins seems to weigh on all coins but blk is still within a positive trend even if its lost some of that lead it had

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futileresistance
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June 27, 2017, 09:09:34 PM
 #33462

Isnt Raspberry less then the average android phone, is it not feasible to stake from a phone.   I dont use mobile alot but I'm just thinking of all those people with expensive phones and its basically a computer, maybe their only one.  Its  mobile connection would be most of the reason why maybe.



Seems important to repeat, double check here on new sites and send small amounts on anything new.



I guess the person asking about weight already knew about this in the corner -

I have used the dump and import wallet and it helped btw.  Stake shows on explorer now though its maybe stuck on display, not sure.  Progress anyhow

Bitcoin down some in its short term and medium term takes longer to observer, sells on bigger coins seems to weigh on all coins but blk is still within a positive trend even if its lost some of that lead it had


With phones I think the issue is more security than power, though it would be cool to have a staking phone app. Bet a lot of people would love the idea of mining crypto with their phones.
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June 27, 2017, 10:53:03 PM
 #33463

Where is Blackcoin mostly used for? Are there any sites i can pay with yet?

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June 27, 2017, 11:34:35 PM
 #33464

Where is Blackcoin mostly used for? Are there any sites i can pay with yet?



Any business that uses the payment processor CoinPayments accepts blackcoin. You can also apparently deposit into the Uquid Visa Debit Card directly with Blackcoin, if you want to spend anywhere that accepts Visa.

Obviously there's also Shapeshift, if you want to spend some wherever bitcoin is accepted too, would be subjected to the bitcoin confirmation time and fee though.
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June 28, 2017, 05:16:20 AM
 #33465

Isnt Raspberry less then the average android phone, is it not feasible to stake from a phone.   I dont use mobile alot but I'm just thinking of all those people with expensive phones and its basically a computer, maybe their only one.  Its  mobile connection would be most of the reason why maybe.

Yes, but you don't want to run around with 10,000 USD in your pocket any time, especially not on a phone that connects to different networks that you don't know.

A Raspi you can install on your own, secure it in your network and let it run on low power consumption under your desk or in a closet. You can access it via VNC or with the WebGUI, what ever you like more.
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June 28, 2017, 07:13:28 AM
 #33466

Can I mine this or only POS now?

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June 28, 2017, 07:32:52 AM
 #33467

Can I mine this or only POS now?

It was always PoS only, since 2014. That's one of the main points of this coin: To provide a stable, decentralized, PoS-only currency.

Only way to mine is is via prohashing.com where you can set Blackcoin payouts among other coins.
DrDolittle
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June 28, 2017, 02:08:12 PM
 #33468

I'm working on v5  Wink

Some progress there... It needs accounts, as opposed to UTXOs.
But there's a difficult question: UTXOs and accounts, or only accounts?
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June 28, 2017, 06:40:51 PM
 #33469

I'm working on v5  Wink

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

Simple  Tongue, so only accounts!
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June 28, 2017, 10:35:46 PM
 #33470

I'm working on v5  Wink

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

After reading about the issue of address reuse I think it wouldn't be that bad if accounts were used more (with different addresses). If you mean the same type of accounts here. But then it also has to have some kind of usability, so having that - what ever - running in the background would probably preferrable.

Btw great seeing you active and alife!
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June 29, 2017, 04:15:31 AM
 #33471

After reading about the issue of address reuse I think it wouldn't be that bad if accounts were used more (with different addresses). If you mean the same type of accounts here.

Account is a reusable address with its downsides.
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June 29, 2017, 04:26:56 AM
 #33472

After reading about the issue of address reuse I think it wouldn't be that bad if accounts were used more (with different addresses). If you mean the same type of accounts here.

Account is a reusable address with its downsides.

is it this?
https://github.com/ethereum/wiki/wiki/Design-Rationale#accounts-and-not-utxos
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June 29, 2017, 05:08:47 AM
 #33473


Yep
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June 29, 2017, 06:44:59 AM
 #33474

After reading about the issue of address reuse I think it wouldn't be that bad if accounts were used more (with different addresses). If you mean the same type of accounts here.

Account is a reusable address with its downsides.

Yeah that's what I thought, so you'd need to have to generate new accounts frequently to prevent address reuse. Maybe an approach for PoS v5 that's more "under the hood" and doesn't bother users too much (because users will do mistakes) is the better way
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June 30, 2017, 07:16:16 AM
 #33475

https://nm.reddit.com/r/blackcoin/comments/6kbcez/fix_for_lore_wallet_which_showed_incorrect_balance
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July 01, 2017, 05:51:36 PM
 #33476

What is the expected date of LN activation?
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July 01, 2017, 09:09:03 PM
 #33477

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.
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July 02, 2017, 09:42:45 AM
 #33478

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.  

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July 02, 2017, 10:35:35 AM
 #33479

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.




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July 02, 2017, 01:00:30 PM
 #33480

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..
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