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Author Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO  (Read 2473696 times)
rat4
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September 21, 2018, 09:43:37 AM
 #34541

Hi rat4, what is idea for latest update in blackcoin code on github? (1.2.5.2)

https://github.com/CoinBlack/blackcoin/commit/ab35aef819b0b8ec4027b00bbbd6fbf60991b443

As soon you burned BLK for Blacknet you can update to this version Smiley
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Koal-84
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September 21, 2018, 11:07:50 AM
 #34542

I have a question for the burn, the Wallet Blacknet 1.2.5.1 compatible to the Blackcoin Wallet 1.2.5.2 or i also can send the "old" Coins to the "new" address and at the new Wallet i can burn the old Coins?

Quote
Instruction for Windows and Linux

    Download BlackCoin wallet 1.2.5.1
    Use the debug window or CLI to execute following commands.
    blacknetkeypair Save your mnemonic before proceeding further.
    burn n pubkey to burn n coins.

The old coin have also a future so i will split!

Thats right?

imusify
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hacked_account1349
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September 21, 2018, 11:56:55 AM
 #34543

I have a question for the burn, the Wallet Blacknet 1.2.5.1 compatible to the Blackcoin Wallet 1.2.5.2 or i also can send the "old" Coins to the "new" address and at the new Wallet i can burn the old Coins?

Quote
Instruction for Windows and Linux

    Download BlackCoin wallet 1.2.5.1
    Use the debug window or CLI to execute following commands.
    blacknetkeypair Save your mnemonic before proceeding further.
    burn n pubkey to burn n coins.

The old coin have also a future so i will split!

Thats right?


The new wallet (1.2.5.2) is same as old, but without possibility to create "blacknetkeypair" and also it shows no warning message in future that IBO will end 14 dec., (maybe older versions will show this alert indefinitely, I do not know)
To continue to use blackcoin you can best use 1.2.5.2 (but any other version will work)
Gritt-N-Auld
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Joshua J. Bouw


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September 21, 2018, 03:08:49 PM
Last edit: September 21, 2018, 03:38:57 PM by Gritt-N-Auld
 #34544

Hey rat4, the IBO alert you pushed out crashed every node into safemode (So exchanges, cryptoid). Much love to you and I know that you had a chuckle, but you ruined my last hour =(.
michelvankessel
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September 21, 2018, 04:26:45 PM
 #34545

For those who would like to continue with blackcoin.. please update ASAP to version 1.2.5.2 (after burning). The old wallets are useless for BLK

Direct link: https://github.com/CoinBlack/blackcoin/releases/tag/v1.2.5.2
pwpwpw
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September 22, 2018, 12:55:28 AM
Last edit: September 22, 2018, 12:29:39 PM by pwpwpw
 #34546

Will it be possible to stake with the new 1.2.5.2 wallet too? Also, when are the new coins issued after the burning ?

hacked_account1349
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September 22, 2018, 04:44:38 AM
 #34547

Wallet update 1.2.5.2

Changelog:
Remove code that is not required after Blacknet IBO
Don't show notification about Blacknet IBO
Koal-84
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September 22, 2018, 12:43:04 PM
 #34548

I have a question for the burn, the Wallet Blacknet 1.2.5.1 compatible to the Blackcoin Wallet 1.2.5.2 or i also can send the "old" Coins to the "new" address and at the new Wallet i can burn the old Coins?

Quote
Instruction for Windows and Linux

    Download BlackCoin wallet 1.2.5.1
    Use the debug window or CLI to execute following commands.
    blacknetkeypair Save your mnemonic before proceeding further.
    burn n pubkey to burn n coins.

The old coin have also a future so i will split!

Thats right?


The new wallet (1.2.5.2) is same as old, but without possibility to create "blacknetkeypair" and also it shows no warning message in future that IBO will end 14 dec., (maybe older versions will show this alert indefinitely, I do not know)
To continue to use blackcoin you can best use 1.2.5.2 (but any other version will work)

Any FAQ to split the BLK from one address and wallet to old and New BLK?

imusify
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shawn2025
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September 24, 2018, 04:25:14 AM
 #34549

I'm running Mac v1.2.4-dirty.  How do I burn and memetic?   

Thanks! 
Koal-84
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September 24, 2018, 08:17:22 AM
 #34550

I have a question for the burn, the Wallet Blacknet 1.2.5.1 compatible to the Blackcoin Wallet 1.2.5.2 or i also can send the "old" Coins to the "new" address and at the new Wallet i can burn the old Coins?

Quote
Instruction for Windows and Linux

    Download BlackCoin wallet 1.2.5.1
    Use the debug window or CLI to execute following commands.
    blacknetkeypair Save your mnemonic before proceeding further.
    burn n pubkey to burn n coins.

The old coin have also a future so i will split!

Thats right?


The new wallet (1.2.5.2) is same as old, but without possibility to create "blacknetkeypair" and also it shows no warning message in future that IBO will end 14 dec., (maybe older versions will show this alert indefinitely, I do not know)
To continue to use blackcoin you can best use 1.2.5.2 (but any other version will work)

when i received the new coins? It's very confused without a FAQ when i will have a split or i must send the old Coins to a exchange then the burn new version and send back? When i become the new or on which address?

imusify
.
  FacebookTwitterTelegramRedditANN  ❱ MediumGitHubYouTubeLinkedIN 
Award-Winning Blockchain Music Platform
                                             Presale starts March 1, Get 30% OFF on IMU tokens
.
.

.

.


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rat4
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September 24, 2018, 08:52:43 AM
 #34551

I'm running Mac v1.2.4-dirty.  How do I burn and memetic?

Unfortunately, we don't have wallet that works on mac.
I'm offering 2000 BLK bounty for 1.2.5.2 for macOS.

when i received the new coins? It's very confused without a FAQ when i will have a split or i must send the old Coins to a exchange then the burn new version and send back? When i become the new or on which address?

You need to burn (destroy) BLK to get the new token in genesis block.
pwpwpw
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September 25, 2018, 08:51:13 AM
 #34552

rat4, the distribution of the new coins will happen in december when the burning is over or it's already possible to claim the new coins ? Also will staking work just like previously on the new one ?

rat4
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September 25, 2018, 09:20:57 AM
 #34553

rat4, the distribution of the new coins will happen in december when the burning is over or it's already possible to claim the new coins ? Also will staking work just like previously on the new one ?

Distribution will be known only after burning is over. Yes, staking is similar.
rat4
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September 25, 2018, 09:52:20 AM
 #34554

As we get close too the experation of the 20pct bonus period we should see an increase in burning and as rat 4 releases more info on black net burning of black will accelerate

Proof of stake as dapp. Its value is in providing consensus to dapps.
The most popular type of dapp that requires consensus is cryptocurrency. Non-currency dapps also can use consensus, for example https://en.wikipedia.org/wiki/CryptoKitties
Gritt-N-Auld
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September 25, 2018, 11:20:09 AM
 #34555

I'm running Mac v1.2.4-dirty.  How do I burn and memetic?

Unfortunately, we don't have wallet that works on mac.
I'm offering 2000 BLK bounty for 1.2.5.2 for macOS.

when i received the new coins? It's very confused without a FAQ when i will have a split or i must send the old Coins to a exchange then the burn new version and send back? When i become the new or on which address?

You need to burn (destroy) BLK to get the new token in genesis block.

I could backtrack a little and add stuff. I have been trying to get through a bunch of life stuff right now though, but its ok, you don't need to donate if I get it out before someone else. I was so close to getting it sorted but then the RPC API, can't remember the name of the one that we are using now, wouldn't compile. I got the wallet and everything else fixed up to that point, including a new build system.
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September 25, 2018, 11:25:22 AM
 #34556

As we get close too the experation of the 20pct bonus period we should see an increase in burning and as rat 4 releases more info on black net burning of black will accelerate

Proof of stake as dapp. Its value is in providing consensus to dapps.
The most popular type of dapp that requires consensus is cryptocurrency. Non-currency dapps also can use consensus, for example, https://en.wikipedia.org/wiki/CryptoKitties

So, proof of stake itself is a dapp, much like how the blockchain is the dapp store. Yeah, I can agree with that. The blockchain doesn't need PoS or PoW, it could exist if everyone was honest. Adding that layer of Proof of Stake is a dapp layered to secure and incentivise the network.

It is interesting to me because I'm kind of visioning this to be essentially a chain that can transfer unrestricted information at a cost of the coin which gets paid in a data tx transfer fee. Then a PoS dapp as a means of embedded incentive and security.

My only concern is, that ETH can hardly run CryptoKitties at its peak. That was only 1 popular dApp. The severe bottleneck that I really do believe that you should address.
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September 25, 2018, 04:00:43 PM
 #34557

I see potential to scale better than Ethereum and cheaper than EOS.
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September 25, 2018, 04:51:24 PM
 #34558

Be helpful too blackcoin holders have more information on blacknet the pace of burning has slowed and I believe it’s attributed too the not enough information on blacknet
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September 25, 2018, 06:28:19 PM
 #34559

Ok so...

Why burn and why force people's hand? Surely there needs to be some form of backup which rewards people for supporting your inital backcoin project.

As i see it we are being forced into deciding on which chain will win but based on nothing other than guesswork.

Please people jump in and correct me but i don't see an argument for this other than a deadline.

Ok so these questions are still valid and pretty much ignored...

You are asking for people to burn coins into the void... Information is needed.

What is the tech
Where will it be listed
What is the total supply

I know crypto is crazy but throwing coins into a fire randomly is no way to invest...
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September 25, 2018, 07:40:11 PM
 #34560

Ok so...

Why burn and why force people's hand? Surely there needs to be some form of backup which rewards people for supporting your inital backcoin project.

As i see it we are being forced into deciding on which chain will win but based on nothing other than guesswork.

Please people jump in and correct me but i don't see an argument for this other than a deadline.

Ok so these questions are still valid and pretty much ignored...

You are asking for people to burn coins into the void... Information is needed.

What is the tech
Where will it be listed
What is the total supply

I know crypto is crazy but throwing coins into a fire randomly is no way to invest...

Nobody is forcing you, others and myself are continuing the Blackcoin project. Don't ever feel like anyone is forcing you to do anything. You bring up legitimate concerns. If you don't feel comfortable, you can keep staking your Blackcoin because we are still around to keep it moving.
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