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Author Topic: [ANN] BlackCoin (BLK/BC) | PoS | No ICO  (Read 2435892 times)
fiftyseven
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November 22, 2017, 11:42:58 AM
 #33981

Anyone know a legit blackcoin pool ?

Blackcoin switched to proof of stake a long time ago. There is no pool where you can mine Blackcoin.

For helping securing the network you can hold blk in your wallet and stake your coins. As reward you shall receive blk.

What is the reward for holding them in your wallet? How many % per day/week/month?

There is no fixed percentage.

The reward for staking is 1.5BLK + tx fees. This is fixed. The block target is 64 seconds.

The likelihood of you being the staker in any block and earning 1.5BLK is dependent on the amount of coins you hold in your wallet (your weight) vs the total number of coins which are being staked (network weight). Think of it like a lottery where the number of tickets you hold increase the chance of you winning the prize in a competition which has to have a winner and that restarts every 64 seconds.

This varies over time so there's no definitive answer. Generally speaking though people earn between 5-8% a year if staking 24/7/365.
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chinaBLK
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November 23, 2017, 04:30:09 AM
 #33982

Someone uses blackhalo wallet. Now blackhalo wallet can't update data , His blk cannot be transferred.

How to import blackhalo private key into QT wallet? Who knows? Thanks very much !


 Is Dzimbeck here?
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November 23, 2017, 08:19:30 PM
 #33983

Someone uses blackhalo wallet. Now blackhalo wallet can't update data , His blk cannot be transferred.

How to import blackhalo private key into QT wallet? Who knows? Thanks very much !


 Is Dzimbeck here?

Hey so you can't import keys because Halo is multisignature. You need to send funds from the Halo wallet to the QT wallet.

Also I don't know what you mean by "can't update data". Is it synced? Is he running the latest version? You can PM me with any questions.
NickCrypto
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November 24, 2017, 02:41:18 AM
 #33984

Great Chart Gallery of BlackCoin on BitScreener: https://bitscreener.com/coins/blackcoin/chart_gallery

fonzerrellie
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November 25, 2017, 12:00:48 AM
 #33985

is that vs $ amount? or vs BTC? I think it's a great sign that it's been pretty steady around 3000 sats for quite some time now, even as BTC has been making it's historic climb.  Cool 

Buy the f*cking dips  "BTFD" as they say

Isn't "always bet on Black" a gambling saying? lol  Grin

EXP -Expanse-  https://bitcointalk.org/index.php?topic=1173722.0
https://www.crypto-city.com (needs more users but is a great site)
PIVX, DP, BLK, BITB, MONA, VTC, STRAT, NXS, AMP, BAT, EDG, VRC/VRM, WAVES, NEO, OMG
torspider
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November 26, 2017, 06:38:51 PM
 #33986

Big project. I like very much. I would like to participate if possible. Thanks for the info. Smiley
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November 27, 2017, 03:04:09 AM
 #33987

Anyone know a legit blackcoin pool ?

Blackcoin switched to proof of stake a long time ago. There is no pool where you can mine Blackcoin.

For helping securing the network you can hold blk in your wallet and stake your coins. As reward you shall receive blk.

What is the reward for holding them in your wallet? How many % per day/week/month?

There is no fixed percentage.

The reward for staking is 1.5BLK + tx fees. This is fixed. The block target is 64 seconds.

The likelihood of you being the staker in any block and earning 1.5BLK is dependent on the amount of coins you hold in your wallet (your weight) vs the total number of coins which are being staked (network weight). Think of it like a lottery where the number of tickets you hold increase the chance of you winning the prize in a competition which has to have a winner and that restarts every 64 seconds.

This varies over time so there's no definitive answer. Generally speaking though people earn between 5-8% a year if staking 24/7/365.

it will be 4% 

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November 27, 2017, 04:56:51 PM
 #33988

Someone uses blackhalo wallet. Now blackhalo wallet can't update data , His blk cannot be transferred.

How to import blackhalo private key into QT wallet? Who knows? Thanks very much !


 Is Dzimbeck here?

Hey so you can't import keys because Halo is multisignature. You need to send funds from the Halo wallet to the QT wallet.

Also I don't know what you mean by "can't update data". Is it synced? Is he running the latest version? You can PM me with any questions.

 Blackhalo can not synchronize , Is there a way to solve it?  Can you give me the data you have done synchronously?  Upload to the network hard disk. I can download it.  Thanks very much。
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November 27, 2017, 05:31:48 PM
 #33989

Rat4, are you still here?  The blackcoin has developed too badly.   Now there's a lot of new coins.   The blackcon has become more and more dim.

The biggest exchange in China has stopped the recharge of blackcoin.  The volume of transactions is very small, It's only 0.2~1BTC every day.  Often only 0.5BTC +-.  .  Blackcoin is likely to stop trading.

Do you care about the development of the blackcoin ?

Maybe you should make a new coin.  Just like BM.   Now he has created EOS, in China he is very famous, and he may have  make money  hundreds of millions of dollars.  Maybe you should create a BOS or xxx.    The world needs a lot of blockchain innovation.

the Chinese government attaches great importance to the innovation of the blockchain.

You're not Satoshi.   You should not hide.   If you care about the blackcoin , you should do something, which will bring you fame and fortune,  It can also make people who invest in blackcoin are happy,  and make it more successful.


Before, DASH was the same as the blackcoin.  Now, DASH4000+CNY, BLK is just 2CNY.   There are many examples.    Blackcoin are similar shitcoin.

 If you don't care about the blackcoin, then I say the nonsense.
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November 27, 2017, 07:40:40 PM
 #33990

On Wednesday 29.11.2017 payblk will go down and some updates will be performed.

https://twitter.com/janko33bd/status/935065613659246593
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November 28, 2017, 02:56:04 AM
 #33991

Someone uses blackhalo wallet. Now blackhalo wallet can't update data , His blk cannot be transferred.

How to import blackhalo private key into QT wallet? Who knows? Thanks very much !


 Is Dzimbeck here?

Hey so you can't import keys because Halo is multisignature. You need to send funds from the Halo wallet to the QT wallet.

Also I don't know what you mean by "can't update data". Is it synced? Is he running the latest version? You can PM me with any questions.

 Blackhalo can not synchronize , Is there a way to solve it?  Can you give me the data you have done synchronously?  Upload to the network hard disk. I can download it.  Thanks very much。

Hey if it doesn't synchronize have you considered deleting the blockchain files and starting again?

BlackHalo stores blockchain locally at c:\BlackHalo\data and you can see a file called debug.log there which will tell you exactly what is going on.

If you send me that via PM I can tell you why it is not syncing maybe it got stuck during the upgrade. You can choose to delete files the data directory (EXCEPT wallet.dat)... and then you can see it sync again.

If it doesn't sync still then consider the nodes are not up to date and you can add more nodes from chainz in the blackcoin.config file

Does the software load and connect? When it connects what part is the sync bar stuck?

Also I'm usually very busy coding but if you can't get me here you can always PM me.
chinaBLK
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November 28, 2017, 04:37:25 PM
 #33992

Someone uses blackhalo wallet. Now blackhalo wallet can't update data , His blk cannot be transferred.

How to import blackhalo private key into QT wallet? Who knows? Thanks very much !


 Is Dzimbeck here?

Hey so you can't import keys because Halo is multisignature. You need to send funds from the Halo wallet to the QT wallet.

Also I don't know what you mean by "can't update data". Is it synced? Is he running the latest version? You can PM me with any questions.

 Blackhalo can not synchronize , Is there a way to solve it?  Can you give me the data you have done synchronously?  Upload to the network hard disk. I can download it.  Thanks very much。

Hey if it doesn't synchronize have you considered deleting the blockchain files and starting again?

BlackHalo stores blockchain locally at c:\BlackHalo\data and you can see a file called debug.log there which will tell you exactly what is going on.

If you send me that via PM I can tell you why it is not syncing maybe it got stuck during the upgrade. You can choose to delete files the data directory (EXCEPT wallet.dat)... and then you can see it sync again.

If it doesn't sync still then consider the nodes are not up to date and you can add more nodes from chainz in the blackcoin.config file

Does the software load and connect? When it connects what part is the sync bar stuck?

Also I'm usually very busy coding but if you can't get me here you can always PM me.

 It is still not synchronized.  It's very very very very slow.
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November 28, 2017, 04:49:46 PM
 #33993

 I need the blackhalo blockchain data package.
fonzerrellie
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November 30, 2017, 12:27:52 AM
 #33994

Rat4, are you still here?  The blackcoin has developed too badly.   Now there's a lot of new coins.   The blackcon has become more and more dim.

The biggest exchange in China has stopped the recharge of blackcoin.  The volume of transactions is very small, It's only 0.2~1BTC every day.  Often only 0.5BTC +-.  .  Blackcoin is likely to stop trading.


what are you talking about? there is usually like 10-50btc traded a day on bittrex's BLK exchange sometimes into the 100's of BTC

EXP -Expanse-  https://bitcointalk.org/index.php?topic=1173722.0
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PIVX, DP, BLK, BITB, MONA, VTC, STRAT, NXS, AMP, BAT, EDG, VRC/VRM, WAVES, NEO, OMG
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November 30, 2017, 08:13:44 AM
 #33995

Despite usd staying flat, sad to see blk nearing it's lowest all time point:( Such an underrated coin. Down with the black, keeping my eye on the Christmas wish list.
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November 30, 2017, 04:37:57 PM
 #33996

I heard about blackcoin segwit. When will they activate it? Or it was only hype to increase the price but blk is falling from last couple of months.

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November 30, 2017, 06:07:07 PM
 #33997

Its not actually falling so much as bitcoin is rising strongly through most of 2017 which makes blackcoin look expensive to some so the price falls.    If you want to compare to 2016 where I bought Blackcoin reguarly then its been far stronger this year imo, I wish it were a bit more regular perhaps but overall its doing better.     I think BTC conversion just acts as alot of pressure on the BLK price, also it depends on how well bitcoin can manage its transaction backlog.   There is the competitive element to compare the two in speed, I've noticed bitcoin is a bit faster recently so maybe Blackcoin lost some edge there and needs to regain its various positives over standard crypto.

Other news in the wider crypto market would be ETH switching over to Proof of stake some time in 2018, I read recently they are close to releasing some test version of this.  Sounded like they are still not sure absolutely.   Now Im not sure if a POW to POS switch for ETH shines a positive on Blackcoin which has been POS for years or will it be competition.
  Does depend how well they implement it perhaps; my personal take is it shines a light on the general advantages of this sector of crypto.  Iam optimistic tbh as I do not like how mining and POW has developed to centralise power with a few over the many, thats not how I see crypto currency suceeding and benefitting the wider world.  Price is secondary to utility

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November 30, 2017, 06:35:31 PM
 #33998

Fair comments STT. What were you reading about Eth switching? I'm definitely not giving up on Blackcoin by any means. I actually think it's undervalued and will see a strong push soon and climb a lot. Not for the sake of the stupid market price, but just to validate their work. Curious to see the strategy with the JS integration.

I think the worst part of crypto these days is that it's viewed by so many as purely just growing money which is dumb. I kind of wish trading and ico's were stalled for along time just to give time to the devs to better shape the future. But shit what am I talking about..it's fascinating. I mean the shaping is happening one way or another as the venture space grows and competes. It's just sadly not far from big tech simply just sweeping in and stealing the work. Once mainstream catches on enough, some shit like apple or amazon will market it and ruin it all. I wonder how much Mr. Dimon bought..

Regarding Blackcoin; I like their work and really the market still has so much room for change if the technology wants to become adoptable. The current water-cooler buzz to the market is annoying for sure, but alts will bounce. Despite the BTC/BCH pushing the name, not sure if they're the winners in the end so suck it china.
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November 30, 2017, 08:03:55 PM
 #33999

BCH is actually spending money advertising itself on bus shelters and so on.   They want revenue in mining fees and so on, I presume its not an open system exactly someone has an advantage to gain possibly.    Banks already do use blockchain technology apparently, its open source code so no theft required.   Nasdaq uses blockchain I think I read a few times, to what extent Im not sure.   This is just the nature of the beast, I dont think anyone will be able to dominate the market exactly I just hope the consumer wins and even 'little' transactions will be possible easily in a widespread way.   If that happens then I look to a mutual benefit to give everyone a positive gain from liquidity and easier business, possibly naive but that is the basis for capitalism over other fixed mind sets I think.

This is the ETH article - http://www.trustnodes.com/2017/11/28/ethereums-proof-stake-casper-testnet-nears-launch

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November 30, 2017, 11:29:09 PM
 #34000

I do believe ETH switching to POS will shine a light on other solid proof of stake coins like BLK for all the new crypto enthusiasts that don't understand or even know they exist yet... so a little advertising even just online (Facebook adds etc) could go a long way. 

Considering the dramatic climb BTC has had this year BLK has done extremely well... even gaining vs the Dollar, long term stakers have nice big smiles on their faces right about now. Network weight stays high making for a strong network... many % based poscoins struggle to keep healthy networks (VRC even had to add a whole second chain to secure their VRC chain) So I think static rewards (1.5 per block etc) like BLK will do much better than  the % based ones as static rewards encourages competition similar to mining on a POW coin. 

Looking back at what I used to stake in 2014/2015... if I had kept staking them I would be nearing filthy rich right now and have some serious passive income  Grin I should have trusted my gut instead of listening to trolls and BTC maximalists.

EXP -Expanse-  https://bitcointalk.org/index.php?topic=1173722.0
https://www.crypto-city.com (needs more users but is a great site)
PIVX, DP, BLK, BITB, MONA, VTC, STRAT, NXS, AMP, BAT, EDG, VRC/VRM, WAVES, NEO, OMG
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