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

[rat4]

How do I know if my combustion is successful?

Can I query my BLN through web pages or tools?

genesis-tool prints list of accepted burns.

Current list

Code:

<block height>,<block time>,<transaction id>,<vout index>,<public key>,<satoshis burnt>
2252351,1536284720,164217b50136499296f0bd75f632f8bf625c84c664f7cfb1317cff2cdf296c9a,1,4251503ef62a7b0bbeb6529935e3b0a383849fb5b94085eeb665121a2faca242,16481003625333
2252487,1536293776,e4e4c9491b8090aa8e24d69d9d9e4b3260b70ec9890fe4fc4fecec655ac90b64,0,bbd6a2eba9e2da6d98116608984eabbb991049e55a76262ffec9f4c3d0abe485,100000000
2252491,1536294080,10afda4b0bbafc0eeed7ae6566f060591e5a91398eaf0f136f0ba2fb035c88ae,1,f9d56654f51d4637de56c4a9d71aab43a2c8c06e82a59db333e9c1304a879497,1000000000
2252498,1536294688,613c93d4f58a75c47d5ba9c029cad2b9b9798dc8b8195e57e50163662599914e,1,bbd6a2eba9e2da6d98116608984eabbb991049e55a76262ffec9f4c3d0abe485,100000000
2252647,1536304448,ca19cbb9b798e1067c73ca899f7c35ec73f99c6cdaaac593f830a6bca3f422ba,0,bf9535d059d3315b4ab44c2b96ae638c4ee8a68273bd2af694cf7a9924bd219f,1000100000000
2252889,1536320528,86882f32305156298425c499e81fc70bbe550a67e7399168b16311947f9421a5,1,ed448fbb209f78b54c0897b98d14efafc52e669ec481e41b4b020379476bcfdb,1000000000

[1715069478]

1715069478

[1715069478]

1715069478

[1715069478]

1715069478

[chinaBLK]

People are puzzled about the burning time and proportion.


Can I understand this:

round 1，1--4 week，20% ： 1000000000*20%=200000000BLN  Evenly distributed to all first round combustion BLK

round 2，5 week，18% ： 800000000*18%=144000000BLN   Evenly distributed to all second rounds of combustion BLK

round 3，6 week，16% ： 656000000*16%=104960000BLN  Evenly distributed to all three rounds of burning BLK

round 4，7 week，14% ： 77145600BLN  Average distribution


---------------Is this understanding correct?

[rat4]

People are puzzled about the burning time and proportion.


Can I understand this:

round 1，1--4 week，20% ： 1000000000*20%=200000000BLN  Evenly distributed to all first round combustion BLK

round 2，5 week，18% ： 800000000*18%=144000000BLN   Evenly distributed to all second rounds of combustion BLK

round 3，6 week，16% ： 656000000*16%=104960000BLN  Evenly distributed to all three rounds of burning BLK

round 4，7 week，14% ： 77145600BLN  Average distribution


---------------Is this understanding correct?

No, it's only one round with all tokens.

[chinaBLK]

No, it's only one round with all tokens.

20%, 18%. . . Where do these reward funds come from?

How many BLN rewards are there?

[michelvankessel]

looks shady. I am not burning my BLK.

btw.. BLN already exists.

[rat4]

No, it's only one round with all tokens.

20%, 18%. . . Where do these reward funds come from?

How many BLN rewards are there?

For example,
Alice 10000 BLK with 20% bonus receives 97560975.60972 BLN
Bob   10000 BLK with 10% bonus receives 89430894.30891 BLN
Carol 100000 BLK with 0% bonus receives 813008130.0810 BLN

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.

Launch
Fomo game https://fomo3d.hostedwiki.co/pages/Fomo3D%20Explained
Transaction bundling https://www.jelurida.com/forging-bundling

Further research:
Proof of stake
Decentralized exchanges
Lightning networks
Zero-knowledge extensions

[digit]

How do I know if my combustion is successful?

Can I query my BLN through web pages or tools?

genesis-tool prints list of accepted burns.

Current list

Code:

<block height>,<block time>,<transaction id>,<vout index>,<public key>,<satoshis burnt>
2252351,1536284720,164217b50136499296f0bd75f632f8bf625c84c664f7cfb1317cff2cdf296c9a,1,4251503ef62a7b0bbeb6529935e3b0a383849fb5b94085eeb665121a2faca242,16481003625333
2252487,1536293776,e4e4c9491b8090aa8e24d69d9d9e4b3260b70ec9890fe4fc4fecec655ac90b64,0,bbd6a2eba9e2da6d98116608984eabbb991049e55a76262ffec9f4c3d0abe485,100000000
2252491,1536294080,10afda4b0bbafc0eeed7ae6566f060591e5a91398eaf0f136f0ba2fb035c88ae,1,f9d56654f51d4637de56c4a9d71aab43a2c8c06e82a59db333e9c1304a879497,1000000000
2252498,1536294688,613c93d4f58a75c47d5ba9c029cad2b9b9798dc8b8195e57e50163662599914e,1,bbd6a2eba9e2da6d98116608984eabbb991049e55a76262ffec9f4c3d0abe485,100000000
2252647,1536304448,ca19cbb9b798e1067c73ca899f7c35ec73f99c6cdaaac593f830a6bca3f422ba,0,bf9535d059d3315b4ab44c2b96ae638c4ee8a68273bd2af694cf7a9924bd219f,1000100000000
2252889,1536320528,86882f32305156298425c499e81fc70bbe550a67e7399168b16311947f9421a5,1,ed448fbb209f78b54c0897b98d14efafc52e669ec481e41b4b020379476bcfdb,1000000000

didn't some person burn 10000 BLK last year, why are they not included?  just asking out of curiosity

[Vitalik_Pedik]

looks shady. I am not burning my BLK.

btw.. BLN already exists.

agree

[rat4]

didn't some person burn 10000 BLK last year, why are they not included?  just asking out of curiosity

Burn transaction should specify your Blacknet public key, and so burns for other reasons aren't in the list.

[mo]

didn't some person burn 10000 BLK last year, why are they not included?  just asking out of curiosity

Burn transaction should specify your Blacknet public key, and so burns for other reasons aren't in the list.

Is there a Burn related tutorial? It doesn't look so simple

[IdealisticAnarchist]

Is there a Burn related tutorial? It doesn't look so simple

https://blacknet.ninja/burn.html

[chinaBLK]

I have suggested before：
I recommend retaining some (for example, 25%) BLN，These assets can be used for marketing promotion, reward developers and so on.

Community development requires continuous funding.


Let me give you an example：
There is a small blackcoin community in China，It was created by me.

Initially, I raised funds in the community，But raising money is very difficult. People only donate thousands of BLK..

This can only be used for some small promotional activities.

Because there is no continuous financial support, the community enthusiasts are gradually quiet.

----------------------

That's why I strongly recommend that you keep some assets for BLACKNET.
These assets are used for BLN ecological construction.

This part of assets can be gradually distributed to community members in various countries.


For example, you can distribute part of BLN to the Chinese community every year.
We got the BLN assets . We will create websites to publicize BLN.

Only with more people involved can it develop a good ecosystem.

----------------------

There are many ways to distribute assets.

For example 1, someone built a publicity website.
He talks about his propaganda program, gets the approval of the community members, and he gets some money (BLN)


For example 1, developers have developed a DAPP,If members of the community agree with his work, he will get some BLN awards.



---------------------

Retain some assets，I think it's still not too late.

[Qfox]

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?

Blackcoin Lore wallet bug fixed long ago，stable and syncing faster than dirty version！

[boy2k]

Ok so...

Why burn and why force people's hand? Surely there needs to be some form of backup which rewards people for supporting your inital backcoin project.

As i see it we are being forced into deciding on which chain will win but based on nothing other than guesswork.

Please people jump in and correct me but i don't see an argument for this other than a deadline.

[chinaBLK]

Ok so...

Why burn and why force people's hand? Surely there needs to be some form of backup which rewards people for supporting your inital backcoin project.

As i see it we are being forced into deciding on which chain will win but based on nothing other than guesswork.

Please people jump in and correct me but i don't see an argument for this other than a deadline.

Burning is voluntary.

You can choose to continue holding BLK..



BLK is still an independent project.


I will burn part of my BLK, and I will support BLN too..

[boy2k]

Ok so...

Why burn and why force people's hand? Surely there needs to be some form of backup which rewards people for supporting your inital backcoin project.

As i see it we are being forced into deciding on which chain will win but based on nothing other than guesswork.

Please people jump in and correct me but i don't see an argument for this other than a deadline.

Burning is voluntary.

You can choose to continue holding BLK..



BLK is still an independent project.


I will burn part of my BLK, and I will support BLN too..

Ok so...

Why burn and why force people's hand? Surely there needs to be some form of backup which rewards people for supporting your inital backcoin project.

As i see it we are being forced into deciding on which chain will win but based on nothing other than guesswork.

Please people jump in and correct me but i don't see an argument for this other than a deadline.

Burning is voluntary.

You can choose to continue holding BLK..

BLK is still an independent project.

I will burn part of my BLK, and I will support BLN too..

Of course it's voluntary, that is not my point. Maybe i did not state my questions clear enough.

1. Other than the promise of more coins on a different chain, what is the incentive to burn the original projects coins (his) which i have given support to over the last 4+ years. What is the roadmap, where are the confirmed exchanges and what incentivises me to do so? (please fill these in because i would like to know)
2. As i am burning my coins to support this new chain what is the marketcap, what is the initial supply and where are all the things i need to know.
3. This project needs more information, i am a long term holder and supporter of blackcoin so why am i rewarded with chose or die? Surely a coin for coin swap for early supporters would be better as we have put this coin where it is today.

[BigWait]

all things you one people do?
like web and others?

[four3200]

if you see this seal of approval you know your staking a good chain
https://bitcointalk.org/index.php?topic=864994.msg45438119#msg45438119

[wavessurfing]

all things you one people do?
like web and others?

yes, i use web personally.

[michelvankessel]

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?

Blackcoin Lore wallet bug fixed long ago，stable and syncing faster than dirty version！

agreed! I'm running Lore on a Raspberry Pi, staking is very well.