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

[arbitrage]

My weight is about 10 k and network weight is 13M is this means that there's 13M coins in wallets which are stake now? It says 22h till reward. How can I Calculate how much will I get approximately. Actually if this turns to be good for preserving of a value, I will buy 10k more, because price is at lowest level for quite some time. I would like to hear more experiences if possible.Thanks!

[penoze]

Hi there guys!
I have wd some BLKs from poloniex to my blackHalo. I want to stake the coins. The wallet need to be open all the time to stake? or What i need to do?

When you want to stake your coins, you must have your wallet open 24 hours a day. You must also set your wallet open for staking.

[Daniko7]

BLK is a very interesting coin. Don´t understand why the price is still so low.

Can i stake also on the halo wallet oder only on the original one?

[penoze]

Thank you bro..... and.... how can I set my black halo to stake that coins?

Ah oke the blackhaloclient 😀. Don't know how that works exactly. It's a long time ago that I used blackhalo.
My answer was related to the standard qtwallet.

[arbitrage]

I'm still waiting for payment, and it says 1 day. Yesterday network weight had movements from 13M to 17M someone with the large amount of coins can open his wallet pick up prize and do this every day. Can someone explain me this? Can Bittrex or any other exchange stakes our coins, is this behavior legitimate? If large wallets can stake faster they are not the support for network, all job falls on small wallets. 

[shveicar]

How many coins in the BLK system?
If this unlimited coin, then what's the point of investing?

[fiftyseven]

How many coins in the BLK system?

As of now, 76,456,106 BLK.

BLK supply increases at a fixed rate of approx 739,631 per year.

[futileresistance]

How many coins in the BLK system?
If this unlimited coin, then what's the point of investing?

Because staking rewards are distributed proportionally to stakers, and not all coins are being used to stake, it works out to roughly 1% inflation and 5% interest at the moment. That means if you were to stake for a year, and the marketcap stayed the same, you would make roughly 4% in fiat value.


It seems a lot more compelling to me than 0% inflation in this particular case.

[arbitrage]

I finally got my first coins, 1.5 BLK with 10200 BLK on stake. Price must go at least to 1$ or this operation is not economical approved for investments under 10k$. I'm not en expert but I see if you have more coins you will get better share and you will get it faster. Why this time until reward is not same for all included wallets? I hope exchanges do not have ability to stake.

[tema]

Hey guys! What with BTC38? So few coins for trade. Where is blk? They delist many coins?

P.S. i find info: http://www.btc38.com/news/2017/10/15741.html

[penoze]

Hey guys! What with BTC38? So few coins for trade. Where is blk? They delist many coins?

P.S. i find info: http://www.btc38.com/news/2017/10/15741.html

Think it is a lack of volume. To bad though blk had also a big community in China.
Is blackcoim still listed on huobi?

[intrader]

Hey guys! What with BTC38? So few coins for trade. Where is blk? They delist many coins?

P.S. i find info: http://www.btc38.com/news/2017/10/15741.html

Such as low volume exchange is nothing impact to BLK

[BlackCoinTeam]

Guys, before you keep guessing or spread wrong info: BLK is no longer on BTC38 for the same reason as e.g. DASH; NEOS etc. pp: They are about to close due to china regulations.

Nothing to do with the coin itself, volume or whatever.

JUBI did already reopen outside of china and trades BLK: https://www.coinegg.com/, there's also a new BLK centric exchange called http://BLK38.com
BTC38 did say that BLK would be on their platforms again as soon as the reorganized themselves outside of china, as well.

thanks.

[BlackCoinTeam]

I finally got my first coins, 1.5 BLK with 10200 BLK on stake. Price must go at least to 1$ or this operation is not economical approved for investments under 10k$. I'm not en expert but I see if you have more coins you will get better share and you will get it faster. Why this time until reward is not same for all included wallets? I hope exchanges do not have ability to stake.

Sorry I have to say that, but demanding that in a PoS system is like asking for equal chances to mine BTC regardless of the hash power.

Exchanges can of course stake as everyone with an online and unlocked wallet - they would be fools to do so though as people could see that they don't use cold wallets.

[fonzerrellie]

I just caught up on the last couple of pages, Thanks for the advice on finding my coins it was the Lore wallet that it happened in, I'll give the fix a try... was a real bummer, and would scare the shit out of a newb lol. I'm wondering if having way too many small deposits confused the wallet?

I'm glad someone asked about the mobile Apps as I was curious when I saw them when I was hoping to find official BLK mobile wallet (they're great for in person transactions) I'll check out the apps mentioned. Facebook is a great place for a coin to have an active page and post updates for people to share (sponsored adds are cheap too) so many more people are aware of crypto now and beginning to trust it now that BTC is starting to show it's true potential  

I was finding 1-2 blocks a day with my 7k wallet like clockwork (even 3 one day) so yeah I can do better trading but I don't have everything on exchanges (as that would be stupid) So I love a good staking fast sending coin to store $ on and have it grow. and since BLK has a set rate of 1.5 per block (739,631 as stated) the rate at which the supply grows is technically a smaller % of the total supply each year    which is good in the longrun. I think BLK has great fundamentals as a currency and has managed to stay on Polo and Trex this long... lol not many coins from back then can say that, I'd love to see it added to that new Canadian EZbtc exchange as they are about to host Altcoin - BTC trading.

  Indeed this is an interesting time in the Crypto-verse as it's growing at what seems to be an exponential rate. Older coins like BLK that have had stable blockchains for years will find lots of new opportunity.

[tommy163]

BLP dropped out of top 100 now, it was always top 100 since 2014. Still believe in BLK.

[arbitrage]

Exchanges can of course stake as everyone with an online and unlocked wallet - they would be fools to do so though as people could see that they don't use cold wallets.

This is why we must be aware how decentralized exchanges are important!
Which exchange having most of coins in their wallets?
Are you real representative of this team?

What happening when staking process is accidentally stopped - pc restart or similar. Does staking continues or starts from the beginning?

I was finding 1-2 blocks a day with my 7k wallet like clockwork (even 3 one day) so yeah I can do better trading but I don't have everything on exchanges (as that would be stupid) So I love a good staking fast sending coin to store $ on and have it grow. and since BLK has a set rate of 1.5 per block (739,631 as stated) the rate at which the supply grows is technically a smaller % of the total supply each year    which is good in the longrun. I think BLK has great fundamentals as a currency and has managed to stay on Polo and Trex this long... lol not many coins from back then can say that, I'd love to see it added to that new Canadian EZbtc exchange as they are about to host Altcoin - BTC trading.

  Indeed this is an interesting time in the Crypto-verse as it's growing at what seems to be an exponential rate. Older coins like BLK that have had stable blockchains for years will find lots of new opportunity.

Yes BLK is here whole the time, Poloniex, Bittrex but this is not good enough. Do we have update on Black Halo- Night trader?
What is needed for cooperation with Openbazaar?

[MuffinMaster]

Blackcoin had the chance to be at the top of the best of the cryptocurrencies, but sadly it looks like the chance has gone and will not return.

[penoze]

Exchanges can of course stake as everyone with an online and unlocked wallet - they would be fools to do so though as people could see that they don't use cold wallets.

This is why we must be aware how decentralized exchanges are important!
Which exchange having most of coins in their wallets?
Are you real representative of this team?

What happening when staking process is accidentally stopped - pc restart or similar. Does staking continues or starts from the beginning?

I was finding 1-2 blocks a day with my 7k wallet like clockwork (even 3 one day) so yeah I can do better trading but I don't have everything on exchanges (as that would be stupid) So I love a good staking fast sending coin to store $ on and have it grow. and since BLK has a set rate of 1.5 per block (739,631 as stated) the rate at which the supply grows is technically a smaller % of the total supply each year    which is good in the longrun. I think BLK has great fundamentals as a currency and has managed to stay on Polo and Trex this long... lol not many coins from back then can say that, I'd love to see it added to that new Canadian EZbtc exchange as they are about to host Altcoin - BTC trading.

  Indeed this is an interesting time in the Crypto-verse as it's growing at what seems to be an exponential rate. Older coins like BLK that have had stable blockchains for years will find lots of new opportunity.

Yes BLK is here whole the time, Poloniex, Bittrex but this is not good enough. Do we have update on Black Halo- Night trader?
What is needed for cooperation with Openbazaar?

Is nighttrader still under development? Though that project wasn't ongoing anymore. Is there some info available if nighttrader is still under development.

[BitByata]

Can I translate the thread in spanish for bounty?