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Author Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO  (Read 2461237 times)
Decentradical
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July 16, 2017, 06:58:03 PM
 #33521

Some coins have 20% stake inflation, knock-off coins. It means that there are stakers who get 30-60% dividends on their staking. Good for them but all of that value is coming from people who aren't staking, mainly traders. It makes a coin unusable. 

Blackcoin has 0.97% yearly inflation. Which currently results in about 5% dividends. It doesn't punish people who don't stake, it means it can be freely used and traded without seeing your capital depreciate. Yet the staking reward is strong enough to be a very attractive coin to hold and speculate long term on. 

The thing to take away here is that protocol means something. Every parameter needs to be taken seriously and Blackcoin has them all balanced out properly. 
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July 16, 2017, 08:01:07 PM
 #33522

Some coins have 20% stake inflation, knock-off coins. It means that there are stakers who get 30-60% dividends on their staking. Good for them but all of that value is coming from people who aren't staking, mainly traders. It makes a coin unusable.  

Blackcoin has 0.97% yearly inflation. Which currently results in about 5% dividends. It doesn't punish people who don't stake, it means it can be freely used and traded without seeing your capital depreciate. Yet the staking reward is strong enough to be a very attractive coin to hold and speculate long term on.  

The thing to take away here is that protocol means something. Every parameter needs to be taken seriously and Blackcoin has them all balanced out properly.  

In a more mature and rational market you may also have to take into account the Relative Purchasing Power Parity for the inflation rates of competing currencies like the USD or Bitcoin.

So, if all else remains the same in a market (no userbase growth for example), Blackcoin might be expected to appreciate vs the USD by 2% and depreciate against Bitcoin by 1% (after it reaches 0% inflation).

Real returns would be 4% with 5% interest and 1% inflation if looking at Blackcoin in isolation. But when comparing to the USD would be 7.1% gain per year, taking into account USD inflation of 3%. It would only be 3.95% gain vs Bitcoin.

We're years away from the market reaching maturity though.
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July 17, 2017, 01:38:14 AM
 #33523

but new guy buy blk, have not mined cheap blk 
if everyone hold bags ,people hard to buy ...

Platio
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July 17, 2017, 05:08:49 PM
 #33524

but new guy buy blk, have not mined cheap blk 
if everyone hold bags ,people hard to buy ...

The nice part about cryptocurrencies being extremely divisible is even if very few coins are on the market it shouldn't effect the ability of people to buy whatever quantities they want. We've seen that with Bitcoin, people are happy enough to transact in "bits" and other sub-denominations.
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July 17, 2017, 09:00:50 PM
 #33525

If you buy a pow coin the miners will guaranteed dump constantly on the holders. That's why pos rules. 
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July 17, 2017, 09:21:29 PM
 #33526

If you buy a pow coin the miners will guaranteed dump constantly on the holders. That's why pos rules. 

We saw in 2014 that the opposite is possible in PoS with the blackcoin multipool too. People can mine PoW, dump it, trade to PoS and create a constant upward pressure on the price. If enough people cooperate in this way the effect is pretty astonishing.
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July 18, 2017, 12:54:36 AM
 #33527

BlackCoin (BLK/BC)

French user need help, create a good tutorial in french. Can you read and help, please ?

Official way

1) v1.2.4.tar.gz
Télécharger : https://github.com/CoinBlack/blackcoin/archive/v1.2.4.tar.gz
Compiler avec qmake et make.
Blackcoin est installé.
Blackcoin-qt fonctionne.
Résolu.
Work Good.



2) blackcoin-1.2.4-linux.zip
Télécharger le portefeuille en mode graphique depuis le lien suivant : https://github.com/CoinBlack/blackcoin/files/887665/blackcoin-1.2.4-linux.zip
Je ne comprend pas pourquoi ce portefeuille est plus lourd que celui généré dans le dossier lors de la compilation précédente.
Je n'arrive pas à l'utiliser, je n'arrive pas à le lancer.
NON Résolu.
NOT WORK.
HOW TO USE IT ?



3) blackcoin-qt.asc
How use the file .asc ?
Comment utiliser le fichier blackcoin-qt.asc ?



Old way ?

This repository are OK or NOT OK ?
Trouver le Git de la monnaie, puis, de lancer les commandes adaptées : https://github.com/CoinBlack/blackcoin


# Sous Debian 8.7.1 Jessie
apt-get update -y
apt-get upgrade -y
apt-get dist-upgrade -y
apt-get install build-essential libssl-dev libboost-all-dev libdb5.3 libdb5.3-dev libdb5.3++-dev libtool
apt-get install git ntp make g++ gcc autoconf cpp ngrep iftop sysstat autotools-dev pkg-config
apt-get install libqt5gui5 libqt5core5a libqt5dbus5 qttools5-dev qttools5-dev-tools libprotobuf-dev protobuf-compiler libqrencode-dev
git clone https://github.com/CoinBlack/blackcoin
cd blackcoin
apt-get install qt5-default qt5-qmake qtbase5-dev-tools qttools5-dev-tools libboost-dev libboost-system-dev libboost-filesystem-dev libboost-program-options-dev libboost-thread-dev libminiupnpc-dev libdb++-dev

Je n'ai pas les 2 fichiers autogen.sh et configure proposés pour l'exemple généraliste. OK or NOT ?
Don't have this file.
./autogen.sh
./configure

qmake
make

Work Good. Fonctionne correctement.
BUT ? This repository are OK or NOT OK ?



########################
Bibliographie - Sources - For my tutoriel :
A dev say me :
Your tutorial is wrong, it uses old wallet which is 3 years old, in these 3 years blackcoin has changed substantially.
Why ? How to ? Where is the good repository ?
Source : http://thecryptoworld.org/comment-compiler-un-wallet-qt-sous-ubuntu
Tutoriel proposé depuis Github qui m'a permis d'identifier les paquets à installer : https://github.com/CoinBlack/blackcoin/blob/master/doc/readme-qt.rst
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July 18, 2017, 02:33:00 AM
 #33528

Awesome work!

Version 1.2.4 was used for a long time. Now there has a lore qt version , that's in beta. lore version is newest.
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July 18, 2017, 11:25:35 AM
 #33529

but new guy buy blk, have not mined cheap blk  
if everyone hold bags ,people hard to buy ...

The nice part about cryptocurrencies being extremely divisible is even if very few coins are on the market it shouldn't effect the ability of people to buy whatever quantities they want. We've seen that with Bitcoin, people are happy enough to transact in "bits" and other sub-denominations.
Need a process.
but this time  blkcoin , china exchange hold most...
chinese don't believe cryptocurrencies (most)

Platio
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July 18, 2017, 12:22:58 PM
 #33530

Good wallet distribution is healthy, especially for a proof of stake coin so your point is absolutely valid.  

That's exactly what Blackcoin has. The initial PoW seeding ensured that the first coins were distributed fairly. The coin hasn't been premined and the developers didn't get any free coins. After the PoW phase the coin went through some high volatility and then came to rest at a market cap of roughly $2 million for several years. Anyone could've picked up coins during that time and even at $11 million today those coins are still incredibly cheap. Especially compared to coins who offer less but have all kinds of underhanded ways to screw over their holders.  

Not to mention that a 0.97% inflation is low. That means any share you hold in Blackcoin now, would stay pretty much intact, even if you don't stake.

If you'd buy Bitcoin or Litecoin your coins would depreciate 5% respectively 20% each year while you held them. Add the humongous transaction costs to Bitcoin and you're looking at enormous maintenance costs that holders pay to miners each year.

None of that exists in Blackcoin. It's pristine. 
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July 19, 2017, 06:36:38 PM
 #33531

....

Is it possible to release the blackcoind / blackcoin-cli?
otherwise howto build the blackcoind / blackcoin-cli under linux?
The guide above only builds the qt client.

Thanks  Cool
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July 19, 2017, 09:52:49 PM
 #33532

Watching you Blackcoin  Grin



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July 19, 2017, 10:32:52 PM
 #33533

Watching you Blackcoin  Grin

And blackcoin is watch you my friend Wink

At least that was what I was told.

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July 20, 2017, 05:01:30 PM
 #33534

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July 21, 2017, 02:26:51 PM
 #33535

BlackCoin In the sleeping began to recover,The price will be  0.00100000btc Smiley
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July 22, 2017, 05:25:00 AM
 #33536

blk clone : stratis  look like will kill the LTC
does some news about BLK?

Platio
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Smart Banking Ecosystem for crypto, fiat and
stocks, based on EOS blockchain technology

.
GET WHITELISTED NOW
Platio
Smart Banking Ecosystem
Decentradical
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July 22, 2017, 03:34:15 PM
 #33537

Stratis is completely centralized. It's not what BLK aims to achieve. Nobody 'owns' BLK.
schnib
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July 22, 2017, 07:34:04 PM
 #33538

How many devs are working on Blackcoin and whats the edge blackcoin wants to achieve over other coins ?
How do they seperate ?
POS and great distribution is one part.

janko33
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July 22, 2017, 08:56:12 PM
 #33539

How many devs are working on Blackcoin and whats the edge blackcoin wants to achieve over other coins ?
How do they seperate ?
POS and great distribution is one part.


33 developers, can you help too? It works here a bit different then what you see in new coins nowadays..
one coin team hassle is a thing of past..
community rulez... Wink

for example on payblk It had a designer, tester, dev, company named obsidian..
Lore - Doolittle coin-creator and 2 other dev's one did web GUI other helped me with OSX bug.. tester on rassberi pi..
..and story still continues.
qgmurugan007
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July 22, 2017, 09:36:09 PM
 #33540

How many devs are working on Blackcoin and whats the edge blackcoin wants to achieve over other coins ?
How do they seperate ?
POS and great distribution is one part.


33 developers, can you help too? It works here a bit different then what you see in new coins nowadays..
one coin team hassle is a thing of past..
community rulez... Wink

for example on payblk It had a designer, tester, dev, company named obsidian..
Lore - Doolittle coin-creator and 2 other dev's one did web GUI other helped me with OSX bug.. tester on rassberi pi..
..and story still continues.
33 devs working full time? I dont think even bitcoin core has that team strength. Looking forward to the awesome next release then.  Cool
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