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Author Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO  (Read 2473695 times)
muleroaa
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September 25, 2018, 09:51:21 PM
 #34561

I see potential to scale better than Ethereum and cheaper than EOS.

Could you delve more into how this might be achieved?

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...

Of course it's not known yet where it will be listed and the total supply will be unknown until the whole burning procedure has been completed.

I do agree though that more info on the tech and the knowledge that there will be active development with a clear roadmap and attainable goals ahead will help a lot in convincing people to burn (part of) their BlackCoin.

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codemanX
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September 26, 2018, 09:00:07 AM
 #34562

I see potential to scale better than Ethereum and cheaper than EOS.

Could you delve more into how this might be achieved?

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...

Of course it's not known yet where it will be listed and the total supply will be unknown until the whole burning procedure has been completed.

I do agree though that more info on the tech and the knowledge that there will be active development with a clear roadmap and attainable goals ahead will help a lot in convincing people to burn (part of) their BlackCoin.


Total supply is known already, I've found it for you  Wink
Only the rate from Blackcoin to Blacknet is still open until the burn is over.


How much will be the coinsupply of blacknet??

1 000 000 000 (+1% inflation)

pharker
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September 27, 2018, 02:53:35 AM
 #34563

Can the burning only be done with "1.2.5.1" or can it also be done with "1.2.5.2"? I am currently on "1.2.5".
codemanX
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September 27, 2018, 02:48:20 PM
 #34564

Can the burning only be done with "1.2.5.1" or can it also be done with "1.2.5.2"? I am currently on "1.2.5".

Nope, if you want to burn you have to download 1.2.5.1 as explained here: https://bitcointalk.org/index.php?topic=469640.msg45982821#msg45982821
STT
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September 27, 2018, 04:52:14 PM
 #34565

I see potential to scale better than Ethereum and cheaper than EOS.

Ultimately efficiency does matter in market economies.   For far too long people based worth estimates on speculation and growth momentum but really I think the underlying network cost and ability to transact cheaply, fast and in a capable way is what will matter.     ETH is transitioning into POS for example, its not for the fun of it I think they really require to reduce their processing cost from POW and this is the best way they know how.    If the general public understood this point on efficiency it would lend far more positive views for all the POS coins similarly I think

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

Sounds like you just want to have more then one BLK address before deciding how much you send to burn.   Link from OP https://blacknet.ninja/burn.html

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szdyxg
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September 29, 2018, 12:21:15 PM
 #34566

I use the 1.25.1 wallet to enter the burn n pubkey command and result.

Data must be hexadecimal string (not'pubkey') (code -8), how should I deal with it?
szdyxg
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September 30, 2018, 02:32:46 AM
 #34567

What is the correct burning order? Why do I write different hints? Is the following order wrong?



Burn 10 coins pubkey to burn 10 coins



Burn <amount> [hex string]

<amount> is a real and is rounded to the nearest 0.00000001

Requires wallet passphrase to be set with walletpassphrase first (code -1)
Morros
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September 30, 2018, 04:16:45 AM
 #34568

I dont think there is any possible important action for people who will continue to use BLK.  This is just a new project available optionally.
rat4
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September 30, 2018, 11:46:02 AM
 #34569

I use the 1.25.1 wallet to enter the burn n pubkey command and result.

Data must be hexadecimal string (not'pubkey') (code -8), how should I deal with it?

You generate pubkey at step 3.
For example, it's "PublicKey" : "a11188d9e5087156c3e7f2deeccfb9879a46d8fc49579c8fc3205319a4e31f0f"
and you want to burn 10 BLK. Your command is

Code:
burn 10 a11188d9e5087156c3e7f2deeccfb9879a46d8fc49579c8fc3205319a4e31f0f
szdyxg
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September 30, 2018, 02:10:50 PM
 #34570

I use the 1.25.1 wallet to enter the burn n pubkey command and result.

Data must be hexadecimal string (not'pubkey') (code -8), how should I deal with it?

You generate pubkey at step 3.
For example, it's "PublicKey" : "a11188d9e5087156c3e7f2deeccfb9879a46d8fc49579c8fc3205319a4e31f0f"
and you want to burn 10 BLK. Your command is

Code:
burn 10 a11188d9e5087156c3e7f2deeccfb9879a46d8fc49579c8fc3205319a4e31f0f

Thank you so much for solving the problem. What I want to ask is that each time the mnemonic and public key are different, the number burned in the public key address will eventually appear in the public key address.
szdyxg
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September 30, 2018, 02:20:38 PM
 #34571

I use the 1.25.1 wallet to enter the burn n pubkey command and result.

Data must be hexadecimal string (not'pubkey') (code -8), how should I deal with it?

You generate pubkey at step 3.
For example, it's "PublicKey" : "a11188d9e5087156c3e7f2deeccfb9879a46d8fc49579c8fc3205319a4e31f0f"
and you want to burn 10 BLK. Your command is

Code:
burn 10 a11188d9e5087156c3e7f2deeccfb9879a46d8fc49579c8fc3205319a4e31f0f

Thank you so much for solving the problem. What I want to ask is that each time the mnemonic and public key are different, the number burned in the public key address will eventually appear in the public key address.

Maybe the problem I'm expressing isn't clear. If I type the blacknet key pair command twice, I get two public keys. Then I burn all the coins in the first public key. Then a valid public key address is the first public key address I burn.
maxpower666
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September 30, 2018, 09:10:55 PM
 #34572

I dont get it.

So i will burn some BLK and than what?

Save wallet.dat and wait till december?
stupidboy123
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October 01, 2018, 05:46:46 AM
 #34573

I dont get it.

So i will burn some BLK and than what?

Save wallet.dat and wait till december?

I believe you save the mnemonic that was created and then enter that into wallet when it is released to redeem coins
maxpower666
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October 01, 2018, 06:21:19 AM
 #34574

I dont get it.

So i will burn some BLK and than what?

Save wallet.dat and wait till december?

I believe you save the mnemonic that was created and then enter that into wallet when it is released to redeem coins

So mnemonic=PublicKey?

I need some manual for dummies with example Cheesy
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October 01, 2018, 10:54:00 AM
 #34575

I dont get it.

So i will burn some BLK and than what?

Save wallet.dat and wait till december?

I believe you save the mnemonic that was created and then enter that into wallet when it is released to redeem coins

So mnemonic=PublicKey?

I need some manual for dummies with example Cheesy

Mnemonic is private key and account is public key.
AlexPalmer89
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October 01, 2018, 01:04:53 PM
 #34576

Please help me!!! I have not saved my mnemonic key! And already wrote down my BLK! Can I restore the history of my teams in the console? Huh Huh Huh
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October 01, 2018, 07:58:44 PM
 #34577

Can i also Burn with 1.2.5 or i need the 1.2.5.1?

When i will Burn 10k BLK

then i must:
Quote
burn 10000 "Public key"

Then i must update on 1.2.5.2 and i can stake with my old wallet dat BLK "old"?


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AlexPalmer89
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October 01, 2018, 11:16:33 PM
 #34578

can i enter new blacknetkeypair command! Will the new mnemonic key be valid for the previous public key, for which I did not initially save the mnemonic key Huh
cryptohunter
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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG


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October 02, 2018, 12:31:29 AM
 #34579

better guide for the burning would be good

like some annotated grabs etc

AlexPalmer89
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October 02, 2018, 12:48:11 AM
 #34580

Rat4 please help me Huh Huh Huh My problem is described in previous posts!
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