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.
It's on hold until I finish the remaining templates and the peg on BitBay. And may never get produced. :|
With that said, I remember discussing here a while ago about the reasons mainly because I didn't want to make a product nobody was going to use. Speed is the name of the game. For NightTrader to work it underwent a couple evolutions.
Firstly I wanted to make it a microtrader or multisig exchange. Then I realized too much liability in multisig exchange (we still hold the 2nd key).
So then there was the microtrader but since so few people actually used BlackHalo, I realized that microtrade won't catch on due to speed.
Then I noticed the only way to do it is atomic trade. So just recently I added "exotic spend". And that gives the option for time locks etc. The feature is not out for BitHalo/BlackHalo yet (only BitBay since I want to test more on Bitcoins chain when time allows) although in theory it could trade easily between the 3 coins.
However that would be without charts, without the fancy interface traders expect so I wouldn't consider that NightTrader.
Thus the only thing that would work... is a full fledged front end JavaScript atomic exchange. With a security model with brain wallets and no download needed. It would be cross platform so no benefit to BLK there. However we can of course kick back special privileges to Blackcoin holders. To honor the community where I started.
The issue really is just building the whole thing. After years of working on this stuff I'm tired of coding and am setting the remaining features as my milestone. So maybe we can do p2p trading on the coins Halo supports but for a full fledged exchange the way I know people would want to use it, that would require funding and a big room of coders.
I know the security model, and everything needed to build it. Although I'm still unsure of how the orderbook should be shared (good question).
Really I don't want to give false hope... I still hold 1/2 of my Blackcoins from 4 years ago and sank with the ship mostly. If this coin has any hope of revival the community should really start caring about things other than being the "first proof of stake coin". That won't help anymore. Not in this fiercely competitive environment.
So promote what Janko works on, promote and use Halo and if altcoins boom again and the funding is there then it's (possible).
What you very well might see it at least atomic trade between Halo clients since the software already supports that. As you can see in this transaction here on the BitBay chain:
https://chainz.cryptoid.info/bay/tx.dws?aebfe0487773037c60fd9515ed17551aad302dcebd2d36f247bd2a963f68597a.htmbN6JVS4FeD4hsQhvaysnwSdqbfa8XSiyVr
This address is the hash of the script...
63a9144a4b300b0ecc0f4eda3316221e1e9918d573181188524104310acd9555cf57c2f86b9e3d3
85d8e1d38fe913473b35094a95d9a53aab49c82ad5621859a550ac4abfd0bceddaa7b017c5dd7dd
26874db10eae240c98c27b594104ce8ee24c208237c7b1992f8a2a459360f2921d57b2026e5139e
0065838d13a457a51632cef02d5d00d85c3ae55dec8a61807ee75b3390b492f87f39f44199a4b52
ae6704b022f359b1755241049257afe04c69fa0a9f1719ed5d3aacd45fde634d93c235d4955363c
7609f139b144e935f2d84e4fc1fb27bea2af34950de9a60c64580f56acbcc6fc29863eb8d4104d1
83e2de7e909033b404d2b2b9f9f4736e41198e50b3d9260fca023fb356fb4f0a2f339fe9ee652d7
9bc5466f23dbeac19e3f3265ad6dcf4c8138f39973fa49a52ae68
Halo describes it as this...
Type: Switch
Description: These coins are owned by bNgmCcxPKgQQqUe6rhNtbGWowMJFCuxjZ3 if he solves a hash puzzle (password) before the expiration date. After 2017-10-27 12:12:32 UTC then the coins are also spendable by bTuZboysrngsaqJvRj4db4CV2Qa21Q5Jcb
That is an atomic swap or a "dead man's switch with a hash puzzle"... or at least 1/2 an atomic trade. If Blackcoin or BitHalo had a similar transaction at the same time period they could swap with no trust whatsoever.
You may notice the 6a burns which are notifications with throw away inputs attached since the interpreter has a rule of one 6a per output (nonsense rule).
Those burns are actually the script so the other party knows they are a party to it and how to spend it.
I recommend making a multipool which sends payments out as frozen. Since it was the multipool that made Blackcoin famous. Perhaps if that multipool had frozen the coins it paid in then the miners wouldn't be able to sell and it would help support the price. People usually rejected the idea when I proposed it years ago but the software can easily support locktimes.
Sorry for not checking this thread more often. I get really busy coding and multitasking. I'm still hoping for BLK to rebound... it certainly deserves to be higher than it is. If you guys promoted BitHalo then BlackHalo might get attention by being the only coin included with it... just a thought. Bitcoin is the baby after all. Or simply start using the software and special products because if you guys don't use it then who will?
As usual I will always have love for Blackcoin ... hopefully the bear market ends and alts start to recover from this very dark summer.
