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Author Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO  (Read 2473696 times)
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August 09, 2018, 08:47:33 PM
 #34441

Someone explain to me how BitConnect STILL has a higher market cap than this coin?

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August 09, 2018, 10:43:52 PM
 #34442

Are you considering developing a FOMO for blacknet?

FOMO, but slightly different from Ethereum version.

Whether it can deliver value to blackcoin continuously(If burned for a long time, it can transfer value to blackcoin.)

I think about at least a few months of burning.

Blackcoin is a classic digital currency that many people don't want to give up.

地球人

https://blacknet.ninja/posts/2018-08-09-jpl.html

Cool that you are working on a FOMO version too.

The JPL license states:

3.4.1 The token holders from the original distributed ledger instance shall be allocated a portion (an "airdrop") of the tokens in that new DLT Instance proportional to their token balances.

So this would seem more like a snapshot? How come a burn still will be the chosen option then?

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August 10, 2018, 01:39:21 AM
 #34443

Is blacknet started from scratch?  Or is it a fork of an existing project?
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August 10, 2018, 07:57:45 AM
 #34444

are you working alone?

https://www.youtube.com/watch?v=wiVLkqFBrAQ
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August 10, 2018, 08:01:50 AM
 #34445

The JPL license states:

3.4.1 The token holders from the original distributed ledger instance shall be allocated a portion (an "airdrop") of the tokens in that new DLT Instance proportional to their token balances.

So this would seem more like a snapshot? How come a burn still will be the chosen option then?

It means if you use Blacknet code for a different blockchain, you have to make snapshot (airdrop).
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August 10, 2018, 03:19:19 PM
 #34446

It means if you use Blacknet code for a different blockchain, you have to make snapshot (airdrop).

Sounds like good news, thank you! Grin
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August 10, 2018, 05:26:38 PM
 #34447

The JPL license states:

3.4.1 The token holders from the original distributed ledger instance shall be allocated a portion (an "airdrop") of the tokens in that new DLT Instance proportional to their token balances.

So this would seem more like a snapshot? How come a burn still will be the chosen option then?

It means if you use Blacknet code for a different blockchain, you have to make snapshot (airdrop).

The Blackcoin Wallet 1.2.5 is discontinued? So i must swap or i can use the old wallet.dat? Also a Raspberry wallet available?


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August 11, 2018, 04:56:17 PM
Last edit: August 11, 2018, 05:13:10 PM by Gritt-N-Auld
 #34448

For people that are curious, Blacknet would likely be going to an account based system, which is why Blackcoin is incompatible with it. Account based systems, adopted by ETH and XTZ, make it simpler for smart contracts.

EDIT: Just saw that this was addressed on the Blacknet site.
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August 11, 2018, 05:01:32 PM
 #34449

The JPL license states:

3.4.1 The token holders from the original distributed ledger instance shall be allocated a portion (an "airdrop") of the tokens in that new DLT Instance proportional to their token balances.

So this would seem more like a snapshot? How come a burn still will be the chosen option then?

It means if you use Blacknet code for a different blockchain, you have to make snapshot (airdrop).

The Blackcoin Wallet 1.2.5 is discontinued? So i must swap or i can use the old wallet.dat? Also a Raspberry wallet available?

No, new team is continuing old Blackcoin.
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August 11, 2018, 05:08:01 PM
Last edit: August 11, 2018, 06:31:50 PM by Gritt-N-Auld
 #34450

Someone explain to me how BitConnect STILL has a higher market cap than this coin?

Yeah who knows. Surprises me as well.

From the BlackNet website:

"PoS: Although it is possible to shoehorn proof-of-stake into a UTXO paradigm, such a paradigm is much more complicated and ugly than just using accounts."

Rat4, if you are going to pretend that PoS works better on an account based system, spoiler it doesn't, don't manipulate the original source of information to fit your goals.

Original Text from Ethereum:

"Simplicity: easier to code and understand, especially once more complex scripts become involved. Although it is possible to shoehorn arbitrary decentralized applications into a UTXO paradigm, essentially by giving scripts the ability to restrict what kinds of UTXO a given UTXO can be spent to, and requiring spends to include Merkle tree proofs of change-of-application-state-root that scripts evaluate, such a paradigm is much more complicated and ugly than just using accounts."

Stop manipulating people here to burn their coins to support your centralised agenda and be honest with everyone. Be fair, please. I'm being as fair as I can, as I always had, but I can't sit idly.

I'm still dictator in the project I started.

WOW ... just Wow !
So you really dont see this as a community project ?


A touch of sarcasm methinks. He may retreat to the masterful rat in the hoodie sometimes, but the crypto spirit in him lives strong.



Unfortunately, not. TheDogeOfWallSt and StGnu tried to work core dev with rat4 in 2014, and he refused to give some control.
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August 11, 2018, 06:25:24 PM
 #34451

Publicity, more people know about Bitconnect despite it being a bad system.   Its infamous even, even bad publicity sells some kind of story I guess but how solid is that capital figure given is another matter.    Market cap isnt the most certain valuation, I think circulation and usage is a better system to measure potential value overall.


The Blackcoin Wallet 1.2.5 is discontinued? So i must swap
I dont think there is any must to do action for people who will continue to use BLK.  This is just a new project available optionally.  I've not heard otherwise

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rat4
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August 12, 2018, 08:33:21 AM
 #34452

"PoS: Although it is possible to shoehorn proof-of-stake into a UTXO paradigm, such a paradigm is much more complicated and ugly than just using accounts."

Rat4, if you are going to pretend that PoS works better on an account based system, spoiler it doesn't, don't manipulate the original source of information to fit your goals.

Original Text from Ethereum:

"Simplicity: easier to code and understand, especially once more complex scripts become involved. Although it is possible to shoehorn arbitrary decentralized applications into a UTXO paradigm, essentially by giving scripts the ability to restrict what kinds of UTXO a given UTXO can be spent to, and requiring spends to include Merkle tree proofs of change-of-application-state-root that scripts evaluate, such a paradigm is much more complicated and ugly than just using accounts."

Stop manipulating people here to burn their coins to support your centralised agenda and be honest with everyone. Be fair, please. I'm being as fair as I can, as I always had, but I can't sit idly.

You have no arguments, but you argue with my research. This is called manipulation.
Gritt-N-Auld
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August 12, 2018, 09:40:10 AM
 #34453

"PoS: Although it is possible to shoehorn proof-of-stake into a UTXO paradigm, such a paradigm is much more complicated and ugly than just using accounts."

Rat4, if you are going to pretend that PoS works better on an account based system, spoiler it doesn't, don't manipulate the original source of information to fit your goals.

Original Text from Ethereum:

"Simplicity: easier to code and understand, especially once more complex scripts become involved. Although it is possible to shoehorn arbitrary decentralized applications into a UTXO paradigm, essentially by giving scripts the ability to restrict what kinds of UTXO a given UTXO can be spent to, and requiring spends to include Merkle tree proofs of change-of-application-state-root that scripts evaluate, such a paradigm is much more complicated and ugly than just using accounts."

Stop manipulating people here to burn their coins to support your centralised agenda and be honest with everyone. Be fair, please. I'm being as fair as I can, as I always had, but I can't sit idly.

You have no arguments, but you argue with my research. This is called manipulation.

Brother, I have yet to see your research. How can I argue with it?
Buchi-88
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August 12, 2018, 11:44:43 AM
 #34454

The JPL license states:

3.4.1 The token holders from the original distributed ledger instance shall be allocated a portion (an "airdrop") of the tokens in that new DLT Instance proportional to their token balances.

So this would seem more like a snapshot? How come a burn still will be the chosen option then?

It means if you use Blacknet code for a different blockchain, you have to make snapshot (airdrop).

The Blackcoin Wallet 1.2.5 is discontinued? So i must swap or i can use the old wallet.dat? Also a Raspberry wallet available?

No, new team is continuing old Blackcoin.

So i can use the "old" 1.2.5 Wallet with the old wallet.dat anyway? When i use the "old" wallest.dat with the nes 1.2.5.1 im with the old BLK on the new chain or in the future a swap is possible?


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rat4
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August 12, 2018, 11:50:02 AM
 #34455

So i can use the "old" 1.2.5 Wallet with the old wallet.dat anyway? When i use the "old" wallest.dat with the nes 1.2.5.1 im with the old BLK on the new chain or in the future a swap is possible?

1.2.5 is current version. 1.2.5.1 adds burning functions (for the swap in future)
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August 12, 2018, 12:14:19 PM
 #34456

"PoS: Although it is possible to shoehorn proof-of-stake into a UTXO paradigm, such a paradigm is much more complicated and ugly than just using accounts."

Rat4, if you are going to pretend that PoS works better on an account based system, spoiler it doesn't, don't manipulate the original source of information to fit your goals.

Original Text from Ethereum:

"Simplicity: easier to code and understand, especially once more complex scripts become involved. Although it is possible to shoehorn arbitrary decentralized applications into a UTXO paradigm, essentially by giving scripts the ability to restrict what kinds of UTXO a given UTXO can be spent to, and requiring spends to include Merkle tree proofs of change-of-application-state-root that scripts evaluate, such a paradigm is much more complicated and ugly than just using accounts."

Stop manipulating people here to burn their coins to support your centralised agenda and be honest with everyone. Be fair, please. I'm being as fair as I can, as I always had, but I can't sit idly.

You have no arguments, but you argue with my research. This is called manipulation.

Brother, I have yet to see your research. How can I argue with it?

You disagree with my conclusion that pos is a dapp, and so benefits from accounts.
Gritt-N-Auld
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August 12, 2018, 12:45:52 PM
 #34457

"PoS: Although it is possible to shoehorn proof-of-stake into a UTXO paradigm, such a paradigm is much more complicated and ugly than just using accounts."

Rat4, if you are going to pretend that PoS works better on an account based system, spoiler it doesn't, don't manipulate the original source of information to fit your goals.

Original Text from Ethereum:

"Simplicity: easier to code and understand, especially once more complex scripts become involved. Although it is possible to shoehorn arbitrary decentralized applications into a UTXO paradigm, essentially by giving scripts the ability to restrict what kinds of UTXO a given UTXO can be spent to, and requiring spends to include Merkle tree proofs of change-of-application-state-root that scripts evaluate, such a paradigm is much more complicated and ugly than just using accounts."

Stop manipulating people here to burn their coins to support your centralised agenda and be honest with everyone. Be fair, please. I'm being as fair as I can, as I always had, but I can't sit idly.

You have no arguments, but you argue with my research. This is called manipulation.

Brother, I have yet to see your research. How can I argue with it?

You disagree with my conclusion that pos is a dapp, and so benefits from accounts.

Hmm, then thats a different matter, I'm not doubting you. I hadn't realised that was your conclusion., The inputs that PoS requires doesn't exist on an account based model. So unless you are getting provably randomised inputs from somewhere, then it is possible to do Peercoin-like PoS on account based systems. This isn't an area that I have dived into because I don't believe in an account based model. I am very curious to see what you do with it. Also am curious of your conclusion that PoS is like a dapp when I tend to think of it as a method of security.
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August 12, 2018, 01:22:36 PM
 #34458

The inputs that PoS requires doesn't exist on an account based model. So unless you are getting provably randomised inputs from somewhere, then it is possible to do Peercoin-like PoS on account based systems.

Since v3 it uses NXT RNG
Gritt-N-Auld
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August 12, 2018, 01:37:59 PM
Last edit: August 12, 2018, 02:21:57 PM by Gritt-N-Auld
 #34459

The inputs that PoS requires doesn't exist on an account based model. So unless you are getting provably randomised inputs from somewhere, then it is possible to do Peercoin-like PoS on account based systems.

Since v3 it uses NXT RNG

Interesting I hadn't looked fully into PoS 3.0 clearly.

Will you then be leaning towards security deposits like XTZ / ETH?
rat4
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August 13, 2018, 12:45:12 PM
 #34460

If you have a FOMO plan, it's a good idea to make a one-click FOMO launcher that allows anyone to quickly launch a FOMO game.

https://www.youtube.com/watch?v=O4irXQhgMqg
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