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Author Topic: [ANN] Blacknet BLN | Staking | Token Platform in Development  (Read 2505354 times)
machinez
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March 23, 2014, 04:44:41 PM
 #8421

0.00005143 buy in on Poloniex.


C'mon mintpal  Tongue
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chango
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March 23, 2014, 04:47:12 PM
 #8422

0.00005143 buy in on Poloniex.


C'mon mintpal  Tongue

Going down on mintpal. I guess it will not get to 5k today there, well tomorrow for sure :p.
bitcoin carpenter
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March 23, 2014, 04:53:13 PM
 #8423

Im hoping it breaks 5 k due to large buy support and bid orders..... so im hoping the sell orders keep it capped at 5k for a few days at least.

though I am secretly giggling with glee whenever I look at the speed of BC'"s rise

If your not actively using the technology behind your crypto investment,

IT IS A SCAM!!!!
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March 23, 2014, 05:04:38 PM
 #8424

The blockchain issue is being looked into.

We have a fix in progress!

████
██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████

->  BLOCKTIX  ->  Ticketing platform with a dual blockchain on Ethereum for event hosting
-> WEBSITE - SLACK - TWITTER - FORUM
-> Join our community to learn about our upcoming ICO
l4p7
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March 23, 2014, 05:06:34 PM
 #8425

Simple question: What makes blackcoin substantially and essentially diffferent from peercoin, novacoin and mintcoin?
mellomike
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March 23, 2014, 05:12:04 PM
 #8426

The blockchain issue is being looked into.

We have a fix in progress!

I love our dev team!
mr_random
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March 23, 2014, 05:16:03 PM
 #8427

Simple question: What makes blackcoin substantially and essentially diffferent from peercoin, novacoin and mintcoin?

Assuming this is a legitimate question and not a trolling attempt.

Peercoin and Novacoin are a hybrid of proof of work and proof of stake. Blackcoin is proof of stake only making it more environmentally friendly.

Mintcoin is similar to Blackcoin except it's premined and the proof of stake rate of interest is 20% rather than Blackcoin's 1%. 20% interest rate is too high for various reasons discussed already.

It's more than technical specifications that make a coin though. Otherwise Litecoin would have the same market cap as Bitcoin. It's also community support, infrastructure and the quality of the dev team (blackcoin has a great one as demonstrated by the blackcoin multicoin concept being pioneered).
moderndezigns
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March 23, 2014, 05:17:17 PM
 #8428

I was just about to buy some BC to trade when I read on mintpal "The BC blockchain appears to be stuck, we have turned off deposits & withdrawals while it is being looked at by the devs. Trading continues."  what does this mean?
l4p7
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March 23, 2014, 05:26:43 PM
 #8429

Simple question: What makes blackcoin substantially and essentially diffferent from peercoin, novacoin and mintcoin?

Assuming this is a legitimate question and not a trolling attempt.

Peercoin and Novacoin are a hyrbid of proof of work and proof of stake. Blackcoin is proof of stake only making it more environmentally friendly.

Mintcoin is similar to Blackcoin except it's premined and the proof of stake rate of interest is 20% rather than Blackcoin's 1%. 20% interest rate is too high for various reasons discussed already.

It's more than technical specifications that make a coin though. Otherwise Litecoin would have the same market cap as Bitcoin. It's also community support and the quality of the dev team (blackcoin has a great one as demonstrated by the blackcoin multicoin concept being pioneered).

I am not troling. I am beeing a potential investors understanding his investments and asking questions for that purpose.
So... Smiley
Where does the POS code come from? I assume it is based on PPC?
There was a reason (security reasons) why PPC does not rely on POS completely and not that quick. Did Mintcion/Blackcoin overcome this?
Jabulon
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March 23, 2014, 05:33:59 PM
 #8430

What, image-link posts don't work anymore? Damn. I had the perfect Cryptocurrency flag of the future.

Visit NightBark Music, home of the BlackCoin Music Video! https://www.youtube.com/user/nightbarkmusic
mr_random
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March 23, 2014, 05:37:02 PM
 #8431

Simple question: What makes blackcoin substantially and essentially diffferent from peercoin, novacoin and mintcoin?

Assuming this is a legitimate question and not a trolling attempt.

Peercoin and Novacoin are a hyrbid of proof of work and proof of stake. Blackcoin is proof of stake only making it more environmentally friendly.

Mintcoin is similar to Blackcoin except it's premined and the proof of stake rate of interest is 20% rather than Blackcoin's 1%. 20% interest rate is too high for various reasons discussed already.

It's more than technical specifications that make a coin though. Otherwise Litecoin would have the same market cap as Bitcoin. It's also community support and the quality of the dev team (blackcoin has a great one as demonstrated by the blackcoin multicoin concept being pioneered).

I am not troling. I am beeing a potential investors understanding his investments and asking questions for that purpose.
So... Smiley
Where does the POS code come from? I assume it is based on PPC?
There was a reason (security reasons) why PPC does not rely on POS completely and not that quick. Did Mintcion/Blackcoin overcome this?

I'm not a coin dev so can't answer that with authority. I read someone else say on here that the Blackcoin code is using a modified version of PPCoin's staking algorithm. However I don't know how accurate that statement is (he seemed to know what he was talking about but I lack the knowledge to verify it).

Sunny the PPC dev brilliant though he is has always been vague about PPC and it's security issues.
Jabulon
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March 23, 2014, 05:39:28 PM
 #8432

Simple question: What makes blackcoin substantially and essentially diffferent from peercoin, novacoin and mintcoin?

Assuming this is a legitimate question and not a trolling attempt.

Peercoin and Novacoin are a hyrbid of proof of work and proof of stake. Blackcoin is proof of stake only making it more environmentally friendly.

Mintcoin is similar to Blackcoin except it's premined and the proof of stake rate of interest is 20% rather than Blackcoin's 1%. 20% interest rate is too high for various reasons discussed already.

It's more than technical specifications that make a coin though. Otherwise Litecoin would have the same market cap as Bitcoin. It's also community support and the quality of the dev team (blackcoin has a great one as demonstrated by the blackcoin multicoin concept being pioneered).

I am not troling. I am beeing a potential investors understanding his investments and asking questions for that purpose.
So... Smiley
Where does the POS code come from? I assume it is based on PPC?
There was a reason (security reasons) why PPC does not rely on POS completely and not that quick. Did Mintcion/Blackcoin overcome this?

I'm not a coin dev so can't answer that with authority. I read someone else say on here that the Blackcoin code is using a modified version of PPCoin's staking algorithm. However I don't know how accurate that statement is (he seemed to know what he was talking about but I lack the knowledge to verify it).

Sunny the PPC dev brilliant though he is has always been vague about PPC and it's security issues.

Understood. To my knowledge, Sunny King sorted the matter out already over a month ago. To wit:

The protocol upgrade in 0.3.0 includes a new algorithm to derive proof-of-stake hash modifier, the entity that scrambles computation for stake owners, which replaces the current proof-of-stake difficulty used as modifier in 0.2 protocol. The design was started late September last year, when I first began to realize the issues with using difficulty as modifier. Honorary mention also goes to Jutarul, who independently discovered and verified an issue with using difficulty as modifier and published on bitcointalk in December last year, while successfully executed a demo attack on the block chain. Other changes in the protocol include starting hash weight from 0 at the 30-day mininum age, and requirement that coinstake timestamp must equal block timestamp. Overall 0.3 protocol should significantly strengthen the proof-of-stake protection and resolve the current known vulnerabilities.

My sincere appreciation to co-contributors of 0.3.0 release:

Robert VanHazinga of Hartland PC (dreamwatcher) for the vanitygen compatibility fix
Jutarul for demonstrating stake generation vulnerability
EskimoBob for reporting issue fixed in 0.3.0

Visit NightBark Music, home of the BlackCoin Music Video! https://www.youtube.com/user/nightbarkmusic
l4p7
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March 23, 2014, 05:42:24 PM
 #8433

Simple question: What makes blackcoin substantially and essentially diffferent from peercoin, novacoin and mintcoin?

Assuming this is a legitimate question and not a trolling attempt.

Peercoin and Novacoin are a hyrbid of proof of work and proof of stake. Blackcoin is proof of stake only making it more environmentally friendly.

Mintcoin is similar to Blackcoin except it's premined and the proof of stake rate of interest is 20% rather than Blackcoin's 1%. 20% interest rate is too high for various reasons discussed already.

It's more than technical specifications that make a coin though. Otherwise Litecoin would have the same market cap as Bitcoin. It's also community support and the quality of the dev team (blackcoin has a great one as demonstrated by the blackcoin multicoin concept being pioneered).

I am not troling. I am beeing a potential investors understanding his investments and asking questions for that purpose.
So... Smiley
Where does the POS code come from? I assume it is based on PPC?
There was a reason (security reasons) why PPC does not rely on POS completely and not that quick. Did Mintcion/Blackcoin overcome this?

I'm not a coin dev so can't answer that with authority. I read someone else say on here that the Blackcoin code is using a modified version of PPCoin's staking algorithm. However I don't know how accurate that statement is (he seemed to know what he was talking about but I lack the knowledge to verify it).

Sunny the PPC dev brilliant though he is has always been vague about PPC and it's security issues.

Understood. To my knowledge, Sunny King sorted the matter out already over a month ago. To wit:

The protocol upgrade in 0.3.0 includes a new algorithm to derive proof-of-stake hash modifier, the entity that scrambles computation for stake owners, which replaces the current proof-of-stake difficulty used as modifier in 0.2 protocol. The design was started late September last year, when I first began to realize the issues with using difficulty as modifier. Honorary mention also goes to Jutarul, who independently discovered and verified an issue with using difficulty as modifier and published on bitcointalk in December last year, while successfully executed a demo attack on the block chain. Other changes in the protocol include starting hash weight from 0 at the 30-day mininum age, and requirement that coinstake timestamp must equal block timestamp. Overall 0.3 protocol should significantly strengthen the proof-of-stake protection and resolve the current known vulnerabilities.

My sincere appreciation to co-contributors of 0.3.0 release:

Robert VanHazinga of Hartland PC (dreamwatcher) for the vanitygen compatibility fix
Jutarul for demonstrating stake generation vulnerability
EskimoBob for reporting issue fixed in 0.3.0


You mean that PPC has solved the security issues and now could works as pure POS too?
Jabulon
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March 23, 2014, 05:43:22 PM
 #8434

Simple question: What makes blackcoin substantially and essentially diffferent from peercoin, novacoin and mintcoin?

Assuming this is a legitimate question and not a trolling attempt.

Peercoin and Novacoin are a hyrbid of proof of work and proof of stake. Blackcoin is proof of stake only making it more environmentally friendly.

Mintcoin is similar to Blackcoin except it's premined and the proof of stake rate of interest is 20% rather than Blackcoin's 1%. 20% interest rate is too high for various reasons discussed already.

It's more than technical specifications that make a coin though. Otherwise Litecoin would have the same market cap as Bitcoin. It's also community support and the quality of the dev team (blackcoin has a great one as demonstrated by the blackcoin multicoin concept being pioneered).

I am not troling. I am beeing a potential investors understanding his investments and asking questions for that purpose.
So... Smiley
Where does the POS code come from? I assume it is based on PPC?
There was a reason (security reasons) why PPC does not rely on POS completely and not that quick. Did Mintcion/Blackcoin overcome this?

I'm not a coin dev so can't answer that with authority. I read someone else say on here that the Blackcoin code is using a modified version of PPCoin's staking algorithm. However I don't know how accurate that statement is (he seemed to know what he was talking about but I lack the knowledge to verify it).

Sunny the PPC dev brilliant though he is has always been vague about PPC and it's security issues.

Understood. To my knowledge, Sunny King sorted the matter out already over a month ago. To wit:

The protocol upgrade in 0.3.0 includes a new algorithm to derive proof-of-stake hash modifier, the entity that scrambles computation for stake owners, which replaces the current proof-of-stake difficulty used as modifier in 0.2 protocol. The design was started late September last year, when I first began to realize the issues with using difficulty as modifier. Honorary mention also goes to Jutarul, who independently discovered and verified an issue with using difficulty as modifier and published on bitcointalk in December last year, while successfully executed a demo attack on the block chain. Other changes in the protocol include starting hash weight from 0 at the 30-day mininum age, and requirement that coinstake timestamp must equal block timestamp. Overall 0.3 protocol should significantly strengthen the proof-of-stake protection and resolve the current known vulnerabilities.

My sincere appreciation to co-contributors of 0.3.0 release:

Robert VanHazinga of Hartland PC (dreamwatcher) for the vanitygen compatibility fix
Jutarul for demonstrating stake generation vulnerability
EskimoBob for reporting issue fixed in 0.3.0


You mean that PPC has solved the security issues and now could works as pure POS too?

That is my understanding.

Visit NightBark Music, home of the BlackCoin Music Video! https://www.youtube.com/user/nightbarkmusic
Spinach
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March 23, 2014, 05:43:40 PM
 #8435

5100 at mintpal! yay!
PDcologne
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March 23, 2014, 05:43:44 PM
 #8436

5000k achieved - to the moooooooooooooon

BTC now accepted @ www.pcandmining.de Gridseed Re-seller in Germany, custom rig builds, and accessories.
BTC -  1MsgzuVnshJGLpUcjja6U8UsjCTjk8QzyK
BC   - B5xG6yYStDn92MT16RXHsL4bPdZd1DChJq
LTC  -  LfarCLG5sap2o31sAujxV1iorkwk4V8Ggk
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March 23, 2014, 05:44:30 PM
 #8437

5100 at mintpal! yay!

5199 - jeez it just keeps going.... so glad i held my stash

BTC now accepted @ www.pcandmining.de Gridseed Re-seller in Germany, custom rig builds, and accessories.
BTC -  1MsgzuVnshJGLpUcjja6U8UsjCTjk8QzyK
BC   - B5xG6yYStDn92MT16RXHsL4bPdZd1DChJq
LTC  -  LfarCLG5sap2o31sAujxV1iorkwk4V8Ggk
rat4
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Blacknet Proof-of-Stake


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March 23, 2014, 05:45:08 PM
 #8438

Chain fixed. BRSJ5ajAajBs8LZQs3gFFsACpNvTN8ASYb is bad boy.
artiface
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March 23, 2014, 05:47:26 PM
 #8439

Chain fixed. BRSJ5ajAajBs8LZQs3gFFsACpNvTN8ASYb is bad boy.

Quick!  Thanks rat4!
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March 23, 2014, 05:47:48 PM
 #8440

HOLD your coins or BUY more .. this is going to the moon ...

Buy Adidas with Crypto: https://shop.moolah.io/Buzz
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