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Author Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO  (Read 2473696 times)
altdev
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October 25, 2018, 12:28:47 PM
 #34641

He guys what's up with that burning? Is that for a swap? Any details besides the short bit on the website?

Peace!

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It's a burn towards BlackNet, rat4's new project. The original BlackCoin will continue as is and will be further developed by the current dev's like Gritt-N-Auld

Thanks. Where's the smart money at? I see BlackNet is also dating back to 2014?

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October 25, 2018, 02:18:05 PM
Last edit: October 25, 2018, 03:09:01 PM by STT
 #34642

Correct BLK was initially distributed as a POW network but that phase ended after just some weeks.    Ever since 2014 its been Proof of stake network which has substantial advantages in (network) cost and efficiency over the POW method.    Smart money is usually to hold at least some of a new project or a new direction taken on an old project like this one.
I'll hold a little of both as they develop, I think POS will increasingly compare well to POW and the general public still miss the point of why POW suffers from higher costs in its operations.   Free markets are driven by efficiency so it will matter over time

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October 27, 2018, 05:46:59 PM
 #34643

Quote
1. with blacknet does it have provision to stop people just copy and pasting with no benefit to blacknet like pos3 did with blackcoin? So I notice in the license it now says if people want to copy and paste blacknet they must airdrop to blacknet owners the coins?  is this correct? This if true i think will secure you work benefits tightly to blacknet. Do you think blacknet can enforce this?

Legal action can be started to enforce the license. I mean stuff like de-listing from regulated exchanges.

Quote
2. have you considered to use david zimbecks harry potter obfuscating idea to also keep the project " open source " but stop it being copied easily. Even more security for blacknet. I'm sure he will help you do this since before when talking about you with him I got the impression he was quite a big fan of yours.

Freedoms to study and change are important. Obfuscation limits these freedoms.

Quote
3. what is ercoin? do you have any part of this project and would you advise to burn all blackcoins for blacknet or burn a little bit for er coin?

Ercoin is a new independent project. Personally, I keep some BLK for it.

Quote
4. would you maybe consider a bit' of a different name for blacknet ? or do you prefer to stick with blacknet?

Would consider if you proposed one. Now we stuck with Blacknet. Cheesy
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October 28, 2018, 10:01:47 AM
 #34644

Ercoin is a new independent project. Personally, I keep some BLK for it.

Why does there have to be burning, rather than just a 'virtual fork' airdropping BlackNet to everyone who holds BLK?  I want both but you are making me gamble by choosing one side -_-

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October 28, 2018, 12:27:34 PM
 #34645

Ercoin is a new independent project. Personally, I keep some BLK for it.

Why does there have to be burning, rather than just a 'virtual fork' airdropping BlackNet to everyone who holds BLK?  I want both but you are making me gamble by choosing one side -_-

split your bag depending on your confidence in each projects future


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October 28, 2018, 04:16:02 PM
 #34646

Ercoin is a new independent project. Personally, I keep some BLK for it.

Why does there have to be burning, rather than just a 'virtual fork' airdropping BlackNet to everyone who holds BLK?  I want both but you are making me gamble by choosing one side -_-

split your bag depending on your confidence in each projects future

I think the same, and a reduce from the coin supply is also good for the future ✌

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October 29, 2018, 08:54:19 AM
 #34647

Why does there have to be burning, rather than just a 'virtual fork' airdropping BlackNet to everyone who holds BLK?  I want both but you are making me gamble by choosing one side -_-

On tech side, burning is better as we don't need BitcoinVM in the protocol.
And on market side, idea of snapshot caused FUD:
Further, I've spoken to exchanges and they are pissed off that you had done a snapshot without letting them know in advance.


Quote
4. would you maybe consider a bit' of a different name for blacknet ? or do you prefer to stick with blacknet?

Would consider if you proposed one. Now we stuck with Blacknet. Cheesy

Also I think BlackCash will be good name for a cryptocurrency on Blacknet. That's idea for far future. What technology should it use is an open question.
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October 30, 2018, 09:24:15 PM
Last edit: October 30, 2018, 09:34:16 PM by Gritt-N-Auld
Merited by dgmon (1)
 #34648

Why does there have to be burning, rather than just a 'virtual fork' airdropping BlackNet to everyone who holds BLK?  I want both but you are making me gamble by choosing one side -_-

On tech side, burning is better as we don't need BitcoinVM in the protocol.
And on market side, idea of snapshot caused FUD:
Further, I've spoken to exchanges and they are pissed off that you had done a snapshot without letting them know in advance.

Well, no exchanges need to be informed in advance for a snapshot and wanted to know if there will be a rescheduling for another snapshot as they need to halt wallets for a period as they too need to snapshot. That's standard. You were not communicating with me so we couldn't work together on that. The problem is, people will go to them and ask for their Blacknet coins. They would need to know when exactly the snapshot had been done. They do have a process for that.

Side note, I have been following Blacknet development, I agree with much of rat4's independent research and improvements over the regular Bitcoin-like code. They are a step in the right direction and a great improvement.

With the burning, I think, it was a good compromise the more I had thought about it. It still does serve a generally positive purpose.

I do think that the Jelurida license is maybe a bit controversial however I get why you went into that direction. I don't know if it had caused a positive impact of NXT or not. Only their own project has been a fork of NXT, and no others, I don't think. If someone forks a project, I see it as a compliment? (But I would be pissed as I'd prefer them to help haha!) Personally, I'd prefer an anti-ICO clause, where the work can not be sold for profit in an initial coin offering. If you are interested, I could ask a lawyer friend of mine if they would be up for writing one?
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October 30, 2018, 10:53:39 PM
 #34649

Why does there have to be burning, rather than just a 'virtual fork' airdropping BlackNet to everyone who holds BLK?  I want both but you are making me gamble by choosing one side -_-

On tech side, burning is better as we don't need BitcoinVM in the protocol.
And on market side, idea of snapshot caused FUD:
Further, I've spoken to exchanges and they are pissed off that you had done a snapshot without letting them know in advance.


Quote
4. would you maybe consider a bit' of a different name for blacknet ? or do you prefer to stick with blacknet?

Would consider if you proposed one. Now we stuck with Blacknet. Cheesy

Also I think BlackCash will be good name for a cryptocurrency on Blacknet. That's idea for far future. What technology should it use is an open question.

It's a shame there was no discussion possible, I would have really preferred a snapshot.

Is the technology that BlackNet will use not known already? Or was this comment in regard to a possibility of BlackCash? Although I would assume it would then still be related to the technology of BlackNet?

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October 31, 2018, 06:29:26 AM
 #34650

Ladies and gentlemen, I'm Captain Vegeta. Welcome to the start.
Non-stop service from Earth's Moon to Jupiter's Callisto.

At this time, make sure your Blackcoin are burned properly according to the instructions issued by rat4. Also, your portable electronic devices must be set to Zero Gravity mode until an announcement is made upon arrival. Thank you.
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October 31, 2018, 06:51:34 AM
 #34651

I do think that the Jelurida license is maybe a bit controversial however I get why you went into that direction. I don't know if it had caused a positive impact of NXT or not. Only their own project has been a fork of NXT, and no others, I don't think. If someone forks a project, I see it as a compliment? (But I would be pissed as I'd prefer them to help haha!) Personally, I'd prefer an anti-ICO clause, where the work can not be sold for profit in an initial coin offering. If you are interested, I could ask a lawyer friend of mine if they would be up for writing one?

From free software point of view, selling for profit is not a problem. And forbidding all ICOs seems too restrictive.

Is the technology that BlackNet will use not known already? Or was this comment in regard to a possibility of BlackCash? Although I would assume it would then still be related to the technology of BlackNet?

Yes, that comment was about possibility of BlackCash, related to Blacknet.
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October 31, 2018, 11:55:13 PM
 #34652

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November 01, 2018, 12:45:06 AM
Merited by digit (1)
 #34653

Why does there have to be burning, rather than just a 'virtual fork' airdropping BlackNet to everyone who holds BLK?  I want both but you are making me gamble by choosing one side -_-

On tech side, burning is better as we don't need BitcoinVM in the protocol.
And on market side, idea of snapshot caused FUD:
Further, I've spoken to exchanges and they are pissed off that you had done a snapshot without letting them know in advance.

Well, no exchanges need to be informed in advance for a snapshot and wanted to know if there will be a rescheduling for another snapshot as they need to halt wallets for a period as they too need to snapshot. That's standard. You were not communicating with me so we couldn't work together on that. The problem is, people will go to them and ask for their Blacknet coins. They would need to know when exactly the snapshot had been done. They do have a process for that.

Side note, I have been following Blacknet development, I agree with much of rat4's independent research and improvements over the regular Bitcoin-like code. They are a step in the right direction and a great improvement.

With the burning, I think, it was a good compromise the more I had thought about it. It still does serve a generally positive purpose.

I do think that the Jelurida license is maybe a bit controversial however I get why you went into that direction. I don't know if it had caused a positive impact of NXT or not. Only their own project has been a fork of NXT, and no others, I don't think. If someone forks a project, I see it as a compliment? (But I would be pissed as I'd prefer them to help haha!) Personally, I'd prefer an anti-ICO clause, where the work can not be sold for profit in an initial coin offering. If you are interested, I could ask a lawyer friend of mine if they would be up for writing one?

I think that could be the  reason nobody ripped off NXT.

 Blackcoins POS3 was ripped off with no benefit to blackcoin at all and the clones sucked away the value over time from what could have made blackcoin shine. I think it is a great idea to force an airdrop to the original investors into the work conducted by the developer. I would say it is a vital part of the reason I have invested into blacknet.

There is simply no reason to allow "compliments" that subtract value and dilute adoption to the original project.
Of all the POS3 based projects I see very few even credit blackcoin on their threads (the only thing most investors and enthusiasts look at since I doubt they pull open the code )

Now we know there will be a never ending proliferation of alts it makes no sense to spend months years developing for someone else to press copy and paste.

There is no real way you can change the terms now anyway, that would be a terrible blow for confidence. Changing things after people decide to burn or invest in other ways is not something I would consider a positive. Byteball started doing this and it was pretty catastrophic for their community and caused huge divisions.

The burning is a good plan. I would expect many will buy more black to burn and retain some blackcoins too. Win win.










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November 01, 2018, 04:19:53 AM
 #34654

Rat4, I want to send you my job application.
Can you let a newbie send you a message?
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November 13, 2018, 01:33:32 PM
 #34655

Hi
I made swap on blacknet with some of my BLK tokens and what's now?
I need to install new wallet and than get new coins or we just need to wait ?
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November 14, 2018, 09:07:52 AM
 #34656

Hi
I made swap on blacknet with some of my BLK tokens and what's now?
I need to install new wallet and than get new coins or we just need to wait ?

Yes there will be a new wallet, this will happen when the IBO is finised, now we just have to wait. Keep your Blacknet seed on a safe place until the Mainnet release.
muleroaa
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GIF by SOCIFI


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November 14, 2018, 10:20:09 PM
 #34657

A reminder for everyone, the bonus rate for burning is decreasing again in 2 days, it's going pretty fast now!

Bonus schedule
Code:
07 Sep - 05 Oct 20%
05 Oct - 12 Oct 18%
12 Oct - 19 Oct 16%
19 Oct - 26 Oct 14%
26 Oct - 02 Nov 12%
02 Nov - 09 Nov 10%
09 Nov - 16 Nov 8%
16 Nov - 23 Nov 6%
23 Nov - 30 Nov 4%
30 Nov - 07 Dec 2%
07 Dec - 14 Dec 0%

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JOIN OUR
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Gritt-N-Auld
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Joshua J. Bouw


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November 15, 2018, 03:14:24 PM
 #34658

Hey rat4, can I suggest not to use the Jelurida license as it isn't OSD compliant? This will make Blacknet -not- open source.

It breaks rules 1 and 10

1. Free Redistribution
The license shall not restrict any party from selling or giving away the software as a component of an aggregate software distribution containing programs from several different sources. The license shall not require a royalty or other fee for such sale.

10. License Must Be Technology-Neutral
No provision of the license may be predicated on any individual technology or style of interface.

See definition of open source here: https://opensource.org/osd/

Airdrop of 10% or whatever the number was, to original source is a royalty to holders, thus making it not technology-neutral as it references a singular original code.
four3200
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November 15, 2018, 04:07:28 PM
 #34659

Ladies and gentlemen, I'm Captain Vegeta. Welcome to the start.
Non-stop service from Earth's Moon to Jupiter's Callisto.

At this time, make sure your Blackcoin are burned properly according to the instructions issued by rat4. Also, your portable electronic devices must be set to Zero Gravity mode until an announcement is made upon arrival. Thank you.

exactly.

wat is blacknet?
and how do i?

■▐ ▎▬▬▬▬▬▬ 5 YEAR CROWDSALE▐ ▎■BUY UNO ▬▬▬▬▬▬▐ ▎■
bigDog9kiloasicTALKTop-apocalypse#420jfa#PR0#form#coin#POSpoll#simpleDEX
rat4
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November 16, 2018, 07:33:38 AM
 #34660

Hey rat4, can I suggest not to use the Jelurida license as it isn't OSD compliant? This will make Blacknet -not- open source.

It breaks rules 1 and 10

1. Free Redistribution
The license shall not restrict any party from selling or giving away the software as a component of an aggregate software distribution containing programs from several different sources. The license shall not require a royalty or other fee for such sale.

10. License Must Be Technology-Neutral
No provision of the license may be predicated on any individual technology or style of interface.

See definition of open source here: https://opensource.org/osd/

Airdrop of 10% or whatever the number was, to original source is a royalty to holders, thus making it not technology-neutral as it references a singular original code.

Why Open Source misses the point of Free Software
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