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

[chinaBLK]

@rat4:  Any chance we can get a mac version of 1.2.5.1?

Mac nodes are still on 1.2.4

Up to community. In the meantime, can anyone test on mac https://blacknet.ninja/generator.html

Hello, how is BLACKNET?
Are you still continuing this project?

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[ulissess]

Rat 4 is developing something of revolutionary or a mega scam.. i hope the 1st one

[estenity]

new silence again , which is not good neither for blacknet, nor blackcoin.

[chinaBLK]

Can you upgrade your BLK QT wallet again?
QT wallet network synchronization speed is too slow

LORE wallet is doing a great job,Fast synchronization。
It is a pity that the LORE wallet has a BUG.I told JANKO, but it has never been fixed.
BUG has caused problems for many people.


The QT wallet is very stable, and if the sync blockchain data is fast, it's perfect.

Or can you help JANKO fix BUG?

[rat4]

The best option is to take out a portion of BLACKNET for free distribution to BLACKCOIN holders.
Maybe 30%，They supported the blackcoin，Please give them some comfort，Don't be a cold person.

Then take a part to burn, maybe 40%. Long-lasting burning，Just like EOS is a long time ICO.

What do you think about this plan?
14 weeks (~3.5 months)  of burning with a bonus for early participants. For first 4 weeks the bonus is 20%, later it decreases by 2% per week.

[nightandday]

Baghodler SmileyGnome, reporting for duty, sir.

[chinaBLK]

What do you think about this plan?
14 weeks (~3.5 months)  of burning with a bonus for early participants. For first 4 weeks the bonus is 20%, later it decreases by 2% per week.

I unconditionally agree with your decision.



About the name: That music is great,But there may be some Small public culture.I hope you think carefully.
BLACKNET, sounds like a network for doing bad things.Some people say this.
The name is preferably neutral.
（In China's BlackCoin community, the name of blackcoin has been discussed, some people think it is not very good, the first feeling is to do bad things.Some people think it's cool, but not popular culture.）




About TPS:I hope that BLACKNET is an efficient network, otherwise it is not competitive.
With reference to EOS, balance decentralization with performance.


About blackcoin:Blackcoin is a classic digital currency，Simple things are easier to survive.

If it is possible,Building a value transmission bridge，Allows people to replace BLACKCOIN with BLACKNET at any time.
Not burning,Just a replacement. If BLACKNET has inflation,   Take a part of BLACKNET out to do this.


Just some suggestion and Expect.
I also hope you can tell us when BLACKNET will meet us.

  Thank you.

[rat4]

How much will be the coinsupply of blacknet??

1 000 000 000 (+1% inflation)

About TPS:I hope that BLACKNET is an efficient network, otherwise it is not competitive.
With reference to EOS, balance decentralization with performance.

CoinDesk: Rising Costs Are Turning EOS Into a Crypto Coder's Nightmare
I'm not ready to talk about faster blocks, BFT PoS, and stuff like that.
To me, simple PoS with 1 min blocks sounds OK for 2019.
We can return to this after implementation of basic features.

I also hope you can tell us when BLACKNET will meet us.

  Thank you.

Announce of burning coming in few days. Have fun 

[muleroaa]

How much will be the coinsupply of blacknet??

1 000 000 000 (+1% inflation)

About TPS:I hope that BLACKNET is an efficient network, otherwise it is not competitive.
With reference to EOS, balance decentralization with performance.

CoinDesk: Rising Costs Are Turning EOS Into a Crypto Coder's Nightmare
I'm not ready to talk about faster blocks, BFT PoS, and stuff like that.
To me, simple PoS with 1 min blocks sounds OK for 2019.
We can return to this after implementation of basic features.

I also hope you can tell us when BLACKNET will meet us.

  Thank you.

Announce of burning coming in few days. Have fun  

Nice to see that things are moving forward rat4. I would really like to see some more in depth information though before the burning process starts, maybe a detailled roadmap, further plans for use of the platform etc.

I think it will help people greatly in deciding if or how much BlackCoin people would like to burn.

[STT]

The EOS unpredictable costs sounds like a terrible obstacle that will impede its useability and massively deter first time users, the opposite of how a widespread system should be.   Ideally a good system should be possible to layer its sophistication or complications so that end users do not encounter anything but straight forward decisions to simply startup their interaction with a blockchain.  

When all the dust settles on speculative pricing, I do think its about how much utility can a blockchain present and enable easily to ordinary users and for the cheapest cost.    The BTC costs rising so high now and continuing to gain at a faster rate then utility provided seems like it would undermine itself or eventually give bias to POS but I dont imagine anything happens without a fight first; it does seem an opportunity for sure though
https://www.investopedia.com/terms/c/creativedestruction.asp

[Gritt-N-Auld]

Can you upgrade your BLK QT wallet again?
QT wallet network synchronization speed is too slow

LORE wallet is doing a great job,Fast synchronization。
It is a pity that the LORE wallet has a BUG.I told JANKO, but it has never been fixed.
BUG has caused problems for many people.


The QT wallet is very stable, and if the sync blockchain data is fast, it's perfect.

Or can you help JANKO fix BUG?

Janko told me it has been fixed for a while, I still am unsure what it is, but Lore will be moving into a continuation of rat4's codebase. More is the 0.13 - 0.16 BTC release. More will only be temporary and should only be considered experimental. Generally, the latest rat4 release should be considered safer for now.

[Piston Honda]

is blacknet the blackest of black coins? 

[rat4]

is blacknet the blackest of black coins? 

Blacknet BLN is the staking token.

[ulissess]

hello Rat4,
I read the news:

Initial Burn Offering

Initial distribution will be proportional to burned BlackCoins, with a bonus for early participants.

For first 4 weeks the bonus is 20%, later it decreases by 2% per week.

The minimum required burnt amount per account is 10 BLK.

Burning starts at 07 Sep 2018 00:00:00 UTC and ends at 14 Dec 2018 00:00:00 UTC (14 weeks).
Instruction

    Download BlackCoin wallet 1.2.5.1
    Use the debug window or CLI to execute following commands.
    blacknetkeypair Save your mnemonic before proceeding further.
    burnwallet pubkey to burn all coins in your wallet or burn n pubkey to burn n coins.

One question.. 1 blackcoin is 1 blacknet + 20%, right?
Blacknet has a supply of 1 000 000 000, blackcoin instead is 77 000 000 .. it doesnt look so convenient

[rat4]

One question.. 1 blackcoin is 1 blacknet + 20%, right?
Blacknet has a supply of 1 000 000 000, blackcoin instead is 77 000 000 .. it doesnt look so convenient

If all 77 000 000 BLK burned with same bonus, then 1 BLK = 12.98701298 BLN
If only 10 000 000 then 1 BLK = 100 BLN

[rat4]

Initial distribution has started
20% bonus ends in
27 days 21 hours 43 minutes
Next bonus 18%

https://chainz.cryptoid.info/blk/#@inflation

[chinaBLK]

If all 77 000 000 BLK burned with same bonus, then 1 BLK = 12.98701298 BLN
If only 10 000 000 then 1 BLK = 100 BLN

How do I know if my combustion is successful?

Can I query my BLN through web pages or tools?

[chinaBLK]

 

[dgmon]

https://twitter.com/markblk5/status/1037816036417003521?s=21

How do I know whether to burn when I barely know anything about Blacknet?   

[Paul33]

I think best thing too do,is burn some black coin that way you have both black coin and blacknet they’ll probably both go,up in price