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

[rat4]

I do think that the Jelurida license is maybe a bit controversial however I get why you went into that direction. I don't know if it had caused a positive impact of NXT or not. Only their own project has been a fork of NXT, and no others, I don't think. If someone forks a project, I see it as a compliment? (But I would be pissed as I'd prefer them to help haha!) Personally, I'd prefer an anti-ICO clause, where the work can not be sold for profit in an initial coin offering. If you are interested, I could ask a lawyer friend of mine if they would be up for writing one?

From free software point of view, selling for profit is not a problem. And forbidding all ICOs seems too restrictive.

Is the technology that BlackNet will use not known already? Or was this comment in regard to a possibility of BlackCash? Although I would assume it would then still be related to the technology of BlackNet?

Yes, that comment was about possibility of BlackCash, related to Blacknet.

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[Vitalik_Pedik]

https://i.imgur.com/9zbJDva.png
https://chainz.cryptoid.info/blk

[cryptohunter]

Why does there have to be burning, rather than just a 'virtual fork' airdropping BlackNet to everyone who holds BLK?  I want both but you are making me gamble by choosing one side -_-

On tech side, burning is better as we don't need BitcoinVM in the protocol.
And on market side, idea of snapshot caused FUD:

Further, I've spoken to exchanges and they are pissed off that you had done a snapshot without letting them know in advance.

Well, no exchanges need to be informed in advance for a snapshot and wanted to know if there will be a rescheduling for another snapshot as they need to halt wallets for a period as they too need to snapshot. That's standard. You were not communicating with me so we couldn't work together on that. The problem is, people will go to them and ask for their Blacknet coins. They would need to know when exactly the snapshot had been done. They do have a process for that.

Side note, I have been following Blacknet development, I agree with much of rat4's independent research and improvements over the regular Bitcoin-like code. They are a step in the right direction and a great improvement.

With the burning, I think, it was a good compromise the more I had thought about it. It still does serve a generally positive purpose.

I do think that the Jelurida license is maybe a bit controversial however I get why you went into that direction. I don't know if it had caused a positive impact of NXT or not. Only their own project has been a fork of NXT, and no others, I don't think. If someone forks a project, I see it as a compliment? (But I would be pissed as I'd prefer them to help haha!) Personally, I'd prefer an anti-ICO clause, where the work can not be sold for profit in an initial coin offering. If you are interested, I could ask a lawyer friend of mine if they would be up for writing one?

I think that could be the  reason nobody ripped off NXT.

 Blackcoins POS3 was ripped off with no benefit to blackcoin at all and the clones sucked away the value over time from what could have made blackcoin shine. I think it is a great idea to force an airdrop to the original investors into the work conducted by the developer. I would say it is a vital part of the reason I have invested into blacknet.

There is simply no reason to allow "compliments" that subtract value and dilute adoption to the original project.
Of all the POS3 based projects I see very few even credit blackcoin on their threads (the only thing most investors and enthusiasts look at since I doubt they pull open the code )

Now we know there will be a never ending proliferation of alts it makes no sense to spend months years developing for someone else to press copy and paste.

There is no real way you can change the terms now anyway, that would be a terrible blow for confidence. Changing things after people decide to burn or invest in other ways is not something I would consider a positive. Byteball started doing this and it was pretty catastrophic for their community and caused huge divisions.

The burning is a good plan. I would expect many will buy more black to burn and retain some blackcoins too. Win win.

[clutchu]

Hi
I made swap on blacknet with some of my BLK tokens and what's now?
I need to install new wallet and than get new coins or we just need to wait ?

[codemanX]

Hi
I made swap on blacknet with some of my BLK tokens and what's now?
I need to install new wallet and than get new coins or we just need to wait ?

Yes there will be a new wallet, this will happen when the IBO is finised, now we just have to wait. Keep your Blacknet seed on a safe place until the Mainnet release.

[muleroaa]

A reminder for everyone, the bonus rate for burning is decreasing again in 2 days, it's going pretty fast now!

Bonus schedule

Code:

07 Sep - 05 Oct		20%
05 Oct - 12 Oct		18%
12 Oct - 19 Oct		16%
19 Oct - 26 Oct		14%
26 Oct - 02 Nov		12%
02 Nov - 09 Nov		10%
09 Nov - 16 Nov		8%
16 Nov - 23 Nov		6%
23 Nov - 30 Nov		4%
30 Nov - 07 Dec		2%
07 Dec - 14 Dec		0%

[Gritt-N-Auld]

Hey rat4, can I suggest not to use the Jelurida license as it isn't OSD compliant? This will make Blacknet -not- open source.

It breaks rules 1 and 10

1. Free Redistribution
The license shall not restrict any party from selling or giving away the software as a component of an aggregate software distribution containing programs from several different sources. The license shall not require a royalty or other fee for such sale.

10. License Must Be Technology-Neutral
No provision of the license may be predicated on any individual technology or style of interface.

See definition of open source here: https://opensource.org/osd/

Airdrop of 10% or whatever the number was, to original source is a royalty to holders, thus making it not technology-neutral as it references a singular original code.

[four3200]

Ladies and gentlemen, I'm Captain Vegeta. Welcome to the start.
Non-stop service from Earth's Moon to Jupiter's Callisto.

At this time, make sure your Blackcoin are burned properly according to the instructions issued by rat4. Also, your portable electronic devices must be set to Zero Gravity mode until an announcement is made upon arrival. Thank you.

exactly.

wat is blacknet?
and how do i?

[rat4]

Hey rat4, can I suggest not to use the Jelurida license as it isn't OSD compliant? This will make Blacknet -not- open source.

It breaks rules 1 and 10

1. Free Redistribution
The license shall not restrict any party from selling or giving away the software as a component of an aggregate software distribution containing programs from several different sources. The license shall not require a royalty or other fee for such sale.

10. License Must Be Technology-Neutral
No provision of the license may be predicated on any individual technology or style of interface.

See definition of open source here: https://opensource.org/osd/

Airdrop of 10% or whatever the number was, to original source is a royalty to holders, thus making it not technology-neutral as it references a singular original code.

Why Open Source misses the point of Free Software

[krzysiekj]

Hey rat4, can I suggest not to use the Jelurida license as it isn't OSD compliant? This will make Blacknet -not- open source.

It breaks rules 1 and 10

[…]

See definition of open source here: https://opensource.org/osd/

[…]

Why Open Source misses the point of Free Software

While it can be possibly debated whether JPL is open source or not (Jelurida claims that it is open source), it doesn’t seem to satisfy the free software definition in regard to freedom 0: “the freedom to run the program as you wish, for any purpose”. In particular, article 12 of the JPL says:

[…] if you require a customized DLT Instance for internal use (i.e. a private blockchain) based on the DLT Software you must obtain permission or purchase a commercial license from the original Copyright Holder however he is not in any way obliged to grant permission or sell such a license.

[rat4]

While it can be possibly debated whether JPL is open source or not (Jelurida claims that it is open source), it doesn’t seem to satisfy the free software definition in regard to freedom 0: “the freedom to run the program as you wish, for any purpose”. In particular, article 12 of the JPL says:

[…] if you require a customized DLT Instance for internal use (i.e. a private blockchain) based on the DLT Software you must obtain permission or purchase a commercial license from the original Copyright Holder however he is not in any way obliged to grant permission or sell such a license.

1.3 The act of running a Program is not restricted as long as it does not violate Article 3.4 of the General Conditions

A private blockchain cannot satisfy the airdrop requirement from Article 3.4

[krzysiekj]

While it can be possibly debated whether JPL is open source or not (Jelurida claims that it is open source), it doesn’t seem to satisfy the free software definition in regard to freedom 0: “the freedom to run the program as you wish, for any purpose”. In particular, article 12 of the JPL says:

[…] if you require a customized DLT Instance for internal use (i.e. a private blockchain) based on the DLT Software you must obtain permission or purchase a commercial license from the original Copyright Holder however he is not in any way obliged to grant permission or sell such a license.

1.3 The act of running a Program is not restricted as long as it does not violate Article 3.4 of the General Conditions

A private blockchain cannot satisfy the airdrop requirement from Article 3.4

That’s right. An airdrop requirement is similar to a payment requirement for running a program, and at least the latter constitutes non-free software.

[krzysiekj]

It has been reported that blackcoind does not build against OpenSSL 1.1.1 (included in FreeBSD 12.0-BETA3). Haven’t investigated it thoroughly, but maybe a clue of how to fix can be found in commit 0a97f97580de43d154f7158dc5a7b45f76 in s2geometry.

[cryptohunter]

Hey rat4, can I suggest not to use the Jelurida license as it isn't OSD compliant? This will make Blacknet -not- open source.

It breaks rules 1 and 10

1. Free Redistribution
The license shall not restrict any party from selling or giving away the software as a component of an aggregate software distribution containing programs from several different sources. The license shall not require a royalty or other fee for such sale.

10. License Must Be Technology-Neutral
No provision of the license may be predicated on any individual technology or style of interface.

See definition of open source here: https://opensource.org/osd/

Airdrop of 10% or whatever the number was, to original source is a royalty to holders, thus making it not technology-neutral as it references a singular original code.

You can not change the basis of what people have already burned on. I would not even think of bothering with new tech from now on that will be copy and pasted 50x within a week by people that are just marketeers who managed to scam more people into believing in their project when they would have had not chance to create it themselves.

10% seems too small I would rather suggest 50%

Copy and paste "devs" can stop ripping millions of btc out of people using other peoples talent.

Stop repeating this request nobody else burning for blacknet want's this open to copy and paste devs with no talent of their own.

I hope the new licence blocks all loopholes of copy and paste so no other project will use blacknets code with out a huge air drop to the persons supporting the original work rat4 does.

Blackcoin should have done this for pos3  that every new pos clone was copy and pasting and diluting blackcoins market share I am totally against talent free developers projects taking support from the original source of creation.

Bitcoin to a degree can allow it due to the network effect it has and a huge team for marketing and coding .. no other projects should encourage these copy and paste developers to scam investors and supporters to their projects that they could not even maintain on their own steam.

[mishax1]

A reminder for everyone, the bonus rate for burning is decreasing again in 2 days, it's going pretty fast now!

Bonus schedule

Code:

07 Sep - 05 Oct		20%
05 Oct - 12 Oct		18%
12 Oct - 19 Oct		16%
19 Oct - 26 Oct		14%
26 Oct - 02 Nov		12%
02 Nov - 09 Nov		10%
09 Nov - 16 Nov		8%
16 Nov - 23 Nov		6%
23 Nov - 30 Nov		4%
30 Nov - 07 Dec		2%
07 Dec - 14 Dec		0%

What's that ?

[stupidboy123]

That is the percentage of extra coins you would have got if you'd burnt your blackcoin for blacknet coin before specific dates

[mishax1]

And what happens after the final date ?

Looks like only 20% of the total BLK has been burned - https://ibo.laboratorium.ee/

[STT]

Theres no bonus so I guess that the market finds a natural equilibrium in price between the two different chains and you exchange them manually as I'm not certain if the ability to burn BLK for the BLN coin lasts forever or not actually. 

Bitcoin to a degree can allow it due to the network effect it has and a huge team for marketing and coding .. no other projects should encourage these copy and paste developers to scam investors and supporters to their projects that they could not even maintain on their own steam.

Sounds like an eternal dilemma because theres a few reasons for the code being an open book.  But BLN is taking a new direction for itself maybe thats part of it

[eBit]

Hey Rat4,

What will be the final Blackcoin block number to be considered for the Blacknet IBO?

[muleroaa]

Theres no bonus so I guess that the market finds a natural equilibrium in price between the two different chains and you exchange them manually as I'm not certain if the ability to burn BLK for the BLN coin lasts forever or not actually. 

I wonder this too actually, will the bonus just end after the 14th and will there still be the possibility to burn or will this be the final chance to burn BlackCoin for BlackNet?