[ANN] Blacknet BLN | Staking | Future of zApp & ZeFi

[Anduril_FotW]

Hi guys, about a month ago there was alot of Twitter activity by a number of guys from the old BLK DEV team.
They were talking about restoring BLK to it's former glory.
Those tweets however stopped about two weeks ago.

What does this mean ? Are they still working on it ?

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[arbitrage]

Hi guys, about a month ago there was alot of Twitter activity by a number of guys from the old BLK DEV team.
They were talking about restoring BLK to it's former glory.
Those tweets however stopped about two weeks ago.

What does this mean ? Are they still working on it ?

I think all activity, all talks happening on slack. Few pages before developer explained everything about project, they are working, having some difficulties but they are persistent. Return back and read 5-10 pages and you will find all answers.

[Anduril_FotW]

Hi guys, about a month ago there was alot of Twitter activity by a number of guys from the old BLK DEV team.
They were talking about restoring BLK to it's former glory.
Those tweets however stopped about two weeks ago.

What does this mean ? Are they still working on it ?

I think all activity, all talks happening on slack. Few pages before developer explained everything about project, they are working, having some difficulties but they are persistent. Return back and read 5-10 pages and you will find all answers.

Ok, good to hear ! I'll flip back a few pages and read up on it.
Thanks 

[popofe]

It was purely PoW until [5001] block and went pure PoS at block 10,000.

But I can not find where this PoS start block number (5000 or 5001) is encoded. Could you help me ?

It is however easier for the end of POW (10000): https://github.com/rat4/blackcoin/blob/master/src/chainparams.cpp#L99

It is in old versions of code. There is no function for old block rewards. In hard fork updates you have on going reward system v1 until block x and after that you have new reward system v2. In next update you can remove v1. Block rewards can be found from main.cpp: https://github.com/rat4/blackcoin/blob/master/src/main.cpp#L971

Thank you. I found it  : https://github.com/rat4/blackcoin/commit/9dea231970c5c73dd6b7e3d0d20210233574a179#diff-7ec3c68a81efff79b6ca22ac1f1eabbaL2099

[TomVelvetPaws]

Ok Black halo is all synced up I imported wallet dat file from old wallet into thje data folder but no coins what gives? I dont get any connections now from the old wallet.

[dzimbeck]

Ok Black halo is all synced up I imported wallet dat file from old wallet into thje data folder but no coins what gives? I dont get any connections now from the old wallet.

Its multisig, and doesn't use wallet.dat ...it only uses wallet.dat to store watchonly addresses. You shouldn't have skipped the wizard, you can relaunch it in settings. Try to first get a feel for all the things the software has to offer. It is light years ahead of any other wallet or QT (that I'm aware of).

[dzimbeck]

The website shows NightTrader has a current estimated development stage of 70%. How long is it likely to be before it's complete?

Well that was a couple years ago when I first had the beta client and thus smart contracts. The protocol at the time was microtrading. In theory you can already do decentralized exchange by putting a deposit in Blackcoin and microtrading LTC for DOGE or BTC for ETH etc.

However, I realized waiting for Bitcoin confirmations can be excruciating. A few times I've had to wait 24 hours for a confirmation. So when I imagined doing an actual automated microtrader on top of an orderbook either built on the decentralized markets or run a server, it dawned on me that it might not get used. That is a big problem because its like 1000s of hours of work at least. And work for a protocol that bloats the chain and is inefficient and not conducive to the fast paced consumer demands.

So NightTrader I need to change that part. It's not 70% done because I'm not going to be doing microtrading. This has been discussed a few times here.

The best method for doing decentralized exchange is probably Atomic Trading using checklocktimeverify. But for that we need a web based front end that probably doesn't run through Halo wallet simply because users don't want to download software, they want to trade from their phones and private keys would be based on long passwords.

But even checklocktimeverify needs to wait for Bitcoin confirmations to perform a trade. Its a pretty big undertaking. So unless a microtrader is set up as a template in Python contracts NightTrader is on hold until the protocol is decided.

Like I said I'm leaning towards Atomic Trade. Atomic trade has some other drawbacks. One being any coin wishing to be on the exchange must fork and add checklocktimeverify. Luckily several do have it. But many popular coins don't and might not want to do that.

There is also multisignature exchange which was another one of my original designs. But then I realized if I'm the exchange I hold liability and that was a very dangerous proposition. Basically because a multisignature exchange can still be hacked. Although your coins are not in jeopardy any unpaid IOUs are in jeopardy because when a transaction is sent to the exchange it is sent as sighash single like a blank check (only the change is paid back to the original wallet) so the exchange can double spend by spoofing the buyers or sellers side. Also the exchange could get hacked and face the same fate.

Granted that attack is like 10 times more complex than a normal exchange hack but its totally possible. And only live trades are jeopardized not the entire balance.

Also the lightning network has the same horrible flaw (collusion and hacking). In fact the only way lightning works is with extremely rich holders routing payments. Since all payments should be cleared immediately if it exceeds what you are owed and especially if the routing multisig joint partner isn't holding enough physical cash. I raised this point to r/Bitcoin and got yelled at for it so I don't even bother to post there anymore... lol

So I abandoned multisig structures as the liability is too high and now am thinking of if its worth it to pursue Atomic Trade because trades would still be live, we can't do IOUs and it can be a bit arduous to wait for Bitcoin confirmations. But it is still very possible, it would be like 1000s of hours of engineering though so for now, I finished the client itself... low hanging fruit.

[STT]

Hi!

Some weeks ago we released a Block Explorer for Blackcoin

You can check it out here: Blackcoin Blockchain Explorer

Useful for checking addresses https://blackcoin.holytransaction.com/tx/1ff843a187f07f96f39cf72521b52361e68f4ccf753659c07dede7cdcf9ef102
   Im not sure if I should be avoiding poloniex.  When Ive tried to send BLK it says sent but I cant find any record of it and the coins never arrive.   When I send 30 coin from my wallet to that same address the coins arrive not long after, its been hours since Poloniex says they sent and its disappeared apparently.

I offered to send BLK to someone at Poloniex to see if they arrive and they dodge the question, so avoid ?


I'll submit a ticket I guess, Polo  used to work fine though  

Bigolas: shome, Please file a support ticket at https://poloniex.freshdesk.com . Include the transaction id, amount sent, and from where it was sent.Thank you.

Theres a discount of 2.3% on Polo vs Bittrex I guess related to this, could be alot worse though

[fiftyseven]

Hi!

Some weeks ago we released a Block Explorer for Blackcoin

You can check it out here: Blackcoin Blockchain Explorer

Useful for checking addresses https://blackcoin.holytransaction.com/tx/1ff843a187f07f96f39cf72521b52361e68f4ccf753659c07dede7cdcf9ef102
   Im not sure if I should be avoiding poloniex.  When Ive tried to send BLK it says sent but I cant find any record of it and the coins never arrive.   When I send 30 coin from my wallet to that same address the coins arrive not long after, its been hours since Poloniex says they sent and its disappeared apparently.

I offered to send BLK to someone at Poloniex to see if they arrive and they dodge the question, so avoid ?


I'll submit a ticket I guess, Polo  used to work fine though  

Bigolas: shome, Please file a support ticket at https://poloniex.freshdesk.com . Include the transaction id, amount sent, and from where it was sent.Thank you.

Theres a discount of 2.3% on Polo vs Bittrex I guess related to this, could be alot worse though

Poloniex are broadcasting the transactions about 16 hours after withdrawing, fairly consistently. Depositing is fine and arrives in normal time.

But withdrawing coins - you'll see them arrive at the same time they end up on the blockchain and will be the same tx. Wallets can create a txid without broadcasting it which is why it 'looks' like it disappears.

We have no idea why they are doing this and numerous support tickets have not fixed the problem. It is not happening at any other exchange.

[STT]

Right you are dead on there.    I closed ticket, clearly they already know but when I ask them they imply its a general BLK problem.   Some people are going to get upset wondering what the heck happened, I figured I'd made a mistake but lucky I just send test amounts anyhow so its not a big deal.

I converted into btc and sent in bitcoin, btw the polo system ignores the best price so if you arent careful and typo it'll not match or help you but directly sells or buys at that exact price ignoring the order book, seems not right to me.   I kinda wiped out the price due to that, though I wasnt doing alot.   I waited about 10 minutes since last block and it went through and confirmed other side in like 5 minutes which from what I hear recently is pretty good going.  So they can do things properly if they want.    Maybe its deliberate,  BLK is supposed to be fast and easy to turn around and tying it up for 16 hours kinda nerfs that whole idea
Someone buying a computer system told me they had to wait 6 hours to hear their bitcoin transaction confirmed, theres no chance crypto currency going anywhere if its that inefficient and uneven.
So I'll use bittrex in future I guess

[also turn on 2FA and turn off email verify or you will be waiting forever]

Blk up about 5% and btc down about 2% just recently

[hiddensphinx]

Hi!

Some weeks ago we released a Block Explorer for Blackcoin

You can check it out here: Blackcoin Blockchain Explorer

nobody cares anymore

Ruski rat4 does not give a shit about blackcoin anymore

[bitpotter]

Is stable and there is no problem, the best!

[Mick666]

Hi!

Some weeks ago we released a Block Explorer for Blackcoin

You can check it out here: Blackcoin Blockchain Explorer

nobody cares anymore

Ruski rat4 does not give a shit about blackcoin anymore

Do not talk such a shit
https://bitcointalk.org/index.php?topic=469640.msg17617023#msg17617023

[halorose]

hi, you guys  here, could you compile a new blockchain altcoin with the blackcoin source?I found it impossible,always shown errors.

[janko33]

hi, you guys  here, could you compile a new blockchain altcoin with the blackcoin source?I found it impossible,always shown errors.

;P right, why? There is no need to do it. As I said many times here:
https://www.reddit.com/r/blackcoin/comments/5m7af3/what_is_going_on_in_blk/dc42wgu/

I know people will always create their own money no matter what.. but why do it dangerously, if you can do it do safe and easy, so am porting an old, most used protocol on bitcoin network to blackcoin, which enables you to create your coin on blackcoin network.. your coin + safety of blk network..

[dgmon]

am porting an old, most used protocol on bitcoin network to blackcoin, which enables you to create your coin on blackcoin network.. your coin + safety of blk network..

So you're porting CounterParty to BLK?  Or OMNI?

[janko33]

am porting an old, most used protocol on bitcoin network to blackcoin, which enables you to create your coin on blackcoin network.. your coin + safety of blk network..

So you're porting CounterParty to BLK?  Or OMNI?

none of those, but first Codebase Upgrades
https://www.reddit.com/r/blackcoin/comments/5m7af3/what_is_going_on_in_blk/

[Gillette]

Alts began moving. I wonder when blk will make an epic jump 

[Gillette]

Guys can you create a nice signature and avatar for blk? I`d like to promote blk for free with signature.

[Anduril_FotW]

Alts began moving. I wonder when blk will make an epic jump 

Yep, something is definately stirring...