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

[Decentradical]

0.13 is segwit code. To remain neutral to both strands of development (ie rat4 is still maintaining a client and may have other plans this summer), the codebase  was brought up to 0.12 which allows for loads of other stuff but doesn't automatically assume a political position re:segwit etc.

Very professional to take a distance in this messy debate and simply work with both ends. Whoever wins.

Blackcoin holds no stake in this issue. We have a stake in something else .

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[STT]

Ideally the users should be choosing direction, the people paying and using the coin network for whatever purpose can decide and however it relates to the fee cost for them and so on ?
  I always thought that was a mistake bitcoin was making, I dont blame the various people, their egos, views or actions even but if the network becomes centralised to just one point of failure it suggests the inevitable breakdown and problems that beset modern FIAT ?  

Some people in Venezuela are literally going to starve to death because the only money left of the businesses they used to run are kept in bitcoin and the network is failing their requirement to live.  I wont say the people at the top dont care but they dont feel the pain of their actions certainly

[zuepfi11]

did you saw the whitepaper about BLK's PoS3 ? https://bravenewcoin.com/assets/Whitepapers/Blackcoin-POS-3.pdf

[fiftyseven]

did you saw the whitepaper about BLK's PoS3 ? https://bravenewcoin.com/assets/Whitepapers/Blackcoin-POS-3.pdf

It's more a yellow paper as it was not authored by rat4 who devised the changes within PoS3.

[mightyMight]

Some people in Venezuela are literally going to starve to death because the only money left of the businesses they used to run are kept in bitcoin and the network is failing their requirement to live.  I wont say the people at the top dont care but they dont feel the pain of their actions certainly

What are you talking about?

[mindphuq]

So, wait. Let me understand this.

Now that BLK's codebase is 0.12v, it supports SegWit/LN and all the other goodies which come with the same version?

Not yet but the benefits of SegWit have been considered to be implemented to improve the PoS network further.
Maybe it should be one thing to consider in future releases.

https://www.reddit.com/r/blackcoin/comments/6dfl4v/what_are_blackcoins_thoughts_on_segwit/di2drzz/

[coins4meh]

Is it true that there are no more whales holding bc?

[Decentradical]

I sure hope so. That'd be great. Proof of stake works better with a healthy wallet dispersion.

https://chainz.cryptoid.info/explorer/bubble.dws?coin=blk 

[publicjud]

I sure hope so. That'd be great. Proof of stake works better with a healthy wallet dispersion.

https://chainz.cryptoid.info/explorer/bubble.dws?coin=blk 

If you think BLK is distributed well, check out IXC.

https://chainz.cryptoid.info/explorer/bubble.dws?coin=ixc

[Sircoss]

Is it true that there are no more whales holding bc?

At times it doesn't feel like it since it seems every time BLK gets some good buy support it is countered by someone dumping like 3-9 BTC worth of BLK.  It's kind of discouraging but I'm in it for the long haul, been holding since the beginning 

I have extreme belief in this coin, the community and the Dev team.  No matter what the charts say ATM, I know they will be different and waaaaaay more beneficial for us holders in the future.

[Decentradical]

Whales only make coins less predictable, their stability is an illusion.

I sure hope so. That'd be great. Proof of stake works better with a healthy wallet dispersion.

https://chainz.cryptoid.info/explorer/bubble.dws?coin=blk  

If you think BLK is distributed well, check out IXC.

https://chainz.cryptoid.info/explorer/bubble.dws?coin=ixc

Ooh that's beautiful. Aren't there any exchange wallets though? I'm not familiar with the coin.

[konamist]

Is it true that there are no more whales holding bc?

At times it doesn't feel like it since it seems every time BLK gets some good buy support it is countered by someone dumping like 3-9 BTC worth of BLK.  It's kind of discouraging but I'm in it for the long haul, been holding since the beginning 

I have extreme belief in this coin, the community and the Dev team. No matter what the charts say ATM, I know they will be different and waaaaaay more beneficial for us holders in the future.

I have been holding Blackcoin for 3 years, and I have strong confidence in Blackcoin too, I believe it will rise like a rocket sooner or later, probably in 2017.

[publicjud]

If you think BLK is distributed well, check out IXC.

https://chainz.cryptoid.info/explorer/bubble.dws?coin=ixc

Ooh that's beautiful. Aren't there any exchange wallets though? I'm not familiar with the coin.

It was merge mined with bitcoin for years, so it is very well distributed among many miners.
It's the first altcoin after namecoin.  Released in 2011!

[muleroaa]

Is it true that there are no more whales holding bc?

At times it doesn't feel like it since it seems every time BLK gets some good buy support it is countered by someone dumping like 3-9 BTC worth of BLK.  It's kind of discouraging but I'm in it for the long haul, been holding since the beginning 

I have extreme belief in this coin, the community and the Dev team. No matter what the charts say ATM, I know they will be different and waaaaaay more beneficial for us holders in the future.

I have been holding Blackcoin for 3 years, and I have strong confidence in Blackcoin too, I believe it will rise like a rocket sooner or later, probably in 2017.

Yep same here, almost the first coin that I mined. Surely it should be able to reach those glorious heights once more?

[jordixal]

Hi, I'm posting this because I didn't hear of any problem about. However I updated my client to Lore and after blockchain resynch showed an incorrect balance. I tried to start the client with -rescan option but didn't had any effect. It seems that one wallet address shows nearly 300 blk less after doing listaddressgroupings. Anyone experiencing this trouble? So I got back to the old wallet app and balance is now correct again.

[mindphuq]

If you think BLK is distributed well, check out IXC.

https://chainz.cryptoid.info/explorer/bubble.dws?coin=ixc

Ooh that's beautiful. Aren't there any exchange wallets though? I'm not familiar with the coin.

It was merge mined with bitcoin for years, so it is very well distributed among many miners.
It's the first altcoin after namecoin.  Released in 2011!

So? What's the point here? There are coins that for what ever reason are better distributed. Yes possible, but what now?

Yep same here, almost the first coin that I mined. Surely it should be able to reach those glorious heights once more?

Technically yes. It is way undervalued, especially given the fact, that a few shitcoins with no technical advantage at all are above Blackcoin in marketcap.

The coin runs stable, the client just has been updated to bitcoin-lore, the dev team is active and the community as well and we have good fiat buy support in China via BTC38. The price remains rather stable around 0.25 USD (+/- 2 Cent), even when Bitcoin pumps or drops 400 USD in a few hours.

The only issue is that Blackcoin lost some of it's marketing drive over the year. It's now flying beneath the radar. There is no Blackcoin hype anymore, that helped us once being a top 10 coin. There is no other reason than that. And this causes less volume on BTC exchanges (biggest volume for BLK is with CNY pair on BTC38).

A realistic price for Blackcoin could be 1-5 USD per coin, once it gets some attention back.

[mindphuq]

Hi, I'm posting this because I didn't hear of any problem about. However I updated my client to Lore and after blockchain resynch showed an incorrect balance. I tried to start the client with -rescan option but didn't had any effect. It seems that one wallet address shows nearly 300 blk less after doing listaddressgroupings. Anyone experiencing this trouble? So I got back to the old wallet app and balance is now correct again.

This can be solved using dumpwallet command from console it produces a file with all private and public keys.
This file can be imported using importwallet, after that the balance is the same as in old wallet.

Next release will have incompatible wallet, and use different directory as the reference client.
There will also be an migration script which will automatically transfer funds to new wallet.

If you want to contact the devs directly you can ask on slack under #support.

[jordixal]

Hi, I'm posting this because I didn't hear of any problem about. However I updated my client to Lore and after blockchain resynch showed an incorrect balance. I tried to start the client with -rescan option but didn't had any effect. It seems that one wallet address shows nearly 300 blk less after doing listaddressgroupings. Anyone experiencing this trouble? So I got back to the old wallet app and balance is now correct again.

This can be solved using dumpwallet command from console it produces a file with all private and public keys.
This file can be imported using importwallet, after that the balance is the same as in old wallet.

Next release will have incompatible wallet, and use different directory as the reference client.
There will also be an migration script which will automatically transfer funds to new wallet.

If you want to contact the devs directly you can ask on slack under #support.

Thanks for your help, I'll give a shot

[Sircoss]

If you think BLK is distributed well, check out IXC.

https://chainz.cryptoid.info/explorer/bubble.dws?coin=ixc

Ooh that's beautiful. Aren't there any exchange wallets though? I'm not familiar with the coin.

It was merge mined with bitcoin for years, so it is very well distributed among many miners.
It's the first altcoin after namecoin.  Released in 2011!

So? What's the point here? There are coins that for what ever reason are better distributed. Yes possible, but what now?

Yep same here, almost the first coin that I mined. Surely it should be able to reach those glorious heights once more?

Technically yes. It is way undervalued, especially given the fact, that a few shitcoins with no technical advantage at all are above Blackcoin in marketcap.

The coin runs stable, the client just has been updated to bitcoin-lore, the dev team is active and the community as well and we have good fiat buy support in China via BTC38. The price remains rather stable around 0.25 USD (+/- 2 Cent), even when Bitcoin pumps or drops 400 USD in a few hours.

The only issue is that Blackcoin lost some of it's marketing drive over the year. It's now flying beneath the radar. There is no Blackcoin hype anymore, that helped us once being a top 10 coin. There is no other reason than that. And this causes less volume on BTC exchanges (biggest volume for BLK is with CNY pair on BTC38).

A realistic price for Blackcoin could be 1-5 USD per coin, once it gets some attention back.

I agree that it is greatly undervalued and a lot of those shitcoins that are POS use Blackcoin developers work in POS for their coins and their updates to it.  

Marketing is great but we don't need this to over hype BLK to be a Pump and Dump coin.  When it hit 40K sats back in the day it ruined this coin for a lot of new investors that bought towards the top and future investors that saw it as a PnD coin.  We will take steady growth will over PnD hype any day but Blackcoin does need to be put out there a bit more since there is more sideways action now than anything.  We just need to stay away from over hyping the coin.

[a859898]

I love BLK , Everything looking very nice