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

[flinchy]

Same unbearable shit as usual, half the pools down, going down, on-off and the other half is empty, like mining solo.

Than just use p2pool - p2pool can't be down and it's always paying - p2pool is DDOS resistant as it's distributed through nodes:)

Just choose the best node, with the lowest ping to your location ! We're currently at 900MHs total hashpower ! Remember that p2pool is best suited for bigger miners (bigger than one or two radeons).
Don't get pushed away if you won't get your payout with the first block - p2pool needs to get momentum  

http://p2pools.org/bc

p2pool doesn't work for me, just goes straight to failover

make P2Pool work and i'll use it lol.

This is probably a very silly question, but why are hackers interested in bringing down pools?

I just fail to see a reason.

Or do they try to manipulate the overall hashing rate with it?
That would at least make 'a bit' of sense...

They DDos the pools so we cant mine at this pools and the Hashrate is going down as the difficult.
So the hackers can mine more BC

My solution is to have multiple failover pools set up.  I just jump to the next available pool when one is down.  Works well  

for some reason swapping to failover makes my hash rates fall badly, so all i can do is stick it straight to the failover pool... no blackcoin for me tonight

[colinfx]

This is probably a very silly question, but why are hackers interested in bringing down pools?

I just fail to see a reason.

Or do they try to manipulate the overall hashing rate with it?
That would at least make 'a bit' of sense...

They DDos the pools so we cant mine at this pools and the Hashrate is going down as the difficult.
So the hackers can mine more BC

My solution is to have multiple failover pools set up.  I just jump to the next available pool when one is down.  Works well  

I do the same, doesn't everyone do this?

[BitcoinStacker]

this coin is rising and rising

[fiftyseven]

Can someone please answer my questions? I would really appreciate it. I have mined other coins before but POS is new to me.

Once I get the coins in my wallet do I need to do anything special to get the stake thing going? It says stake miner suspended due to locked wallet. How do I get around this.
Do I understand correctly that all the coins ever will be made this week and then no more will be made? Will pools end after that since it will be pointless, and all mining will stop and everything will be done on the wallet?

Thank you to whoever answers.

Given I don't believe we've seen a definitive answer from either the dev or someone who can understand the source, I guess we will have to just wait and see at this point. My interpretation is that you get a chance depending on the size of the bag you hold every 8 hours to obtain 1% interest. Whether that's 1% proportionate to the original bag, or 1% compound I'm not sure. And whether you get your potential interest chance once in a blue moon or nearly every 8 hours, I'm not sure either. It really would be nice to have some facts here.

[colinfx]

Same unbearable shit as usual, half the pools down, going down, on-off and the other half is empty, like mining solo.

Than just use p2pool - p2pool can't be down and it's always paying - p2pool is DDOS resistant as it's distributed through nodes:)

Just choose the best node, with the lowest ping to your location ! We're currently at 900MHs total hashpower ! Remember that p2pool is best suited for bigger miners (bigger than one or two radeons).
Don't get pushed away if you won't get your payout with the first block - p2pool needs to get momentum  

http://p2pools.org/bc

p2pool doesn't work for me, just goes straight to failover

make P2Pool work and i'll use it lol.

I've been using http://freebtc.eu:8336 p2ppool with no problems, I mined almost all of my 350k here.

[TrollboxChamp]

this coin is rising and rising

Wait until PoS hits. People are gonna be buying it up once they realize what they missed out on

[avanda1121]

bc/10 USD

[chongo]

can somebody tell me plz what is pos, pow you are talking about?
didnt find a simple explanation for that
thx!

[slavo]

BLACK COIN HAS BEEN ADDED TO






You can deposit directly from pools, see you there ---> https://openex.pw/

*openex is an open source exchange : SUPPORT OPEN SOURCE !

[TrollboxChamp]

can somebody tell me plz what is pos, pow you are talking about?
didnt find a simple explanation for that
thx!

http://en.wikipedia.org/wiki/Proof-of-stake

http://en.wikipedia.org/wiki/Proof-of-work

[d4wn0ff473]

Can someone please answer my questions? I would really appreciate it. I have mined other coins before but POS is new to me.

Once I get the coins in my wallet do I need to do anything special to get the stake thing going? It says stake miner suspended due to locked wallet. How do I get around this.
Do I understand correctly that all the coins ever will be made this week and then no more will be made? Will pools end after that since it will be pointless, and all mining will stop and everything will be done on the wallet?

Thank you to whoever answers.

Given I don't believe we've seen a definitive answer from either the dev or someone who can understand the source, I guess we will have to just wait and see at this point. My interpretation is that you get a chance depending on the size of the bag you hold every 8 hours to obtain 1% interest. Whether that's 1% proportionate to the original bag, or 1% compound I'm not sure. And whether you get your potential interest chance once in a blue moon or nearly every 8 hours, I'm not sure either. It really would be nice to have some facts here.

It works like this. You have to leave your wallet open and unlocked. The network will then stake the coins you have in your wallet that are at maturity which is 8 hours for this coin. There is no max age so that means once they mature they can post stake and never lose viability until they post stake or are traded. If the coin changes hands or your wallet posts stake then it has to wait another 8 hours for the mature coins that posted to gain viability to post stake again. The random choice is based on the size of the bag of mature coins that you hold. So while the network may have 100 million coins probably only 50% of those coins are of stake age due to trading hands and posting stake. So if your wallet wins the random stake lottery you will earn interest on the coins of stake age. That is the basic gist of it.

[flinchy]

Same unbearable shit as usual, half the pools down, going down, on-off and the other half is empty, like mining solo.

Than just use p2pool - p2pool can't be down and it's always paying - p2pool is DDOS resistant as it's distributed through nodes:)

Just choose the best node, with the lowest ping to your location ! We're currently at 900MHs total hashpower ! Remember that p2pool is best suited for bigger miners (bigger than one or two radeons).
Don't get pushed away if you won't get your payout with the first block - p2pool needs to get momentum  

http://p2pools.org/bc

p2pool doesn't work for me, just goes straight to failover

make P2Pool work and i'll use it lol.

I've been using http://freebtc.eu:8336 p2ppool with no problems, I mined almost all of my 350k here.

yeah i put in that as the server (i tried with AND without the http://)

my username is my wallet address

my password is whatever

and nope, doesn't work.

[chongo]

thank you trollboxchamp, i already read this explanations on wiki but i just dont understand what this means:

this coin is rising and rising

Wait until PoS hits. People are gonna be buying it up once they realize what they missed out on

[paladin281978]

bc.cryptoquest.net

who admin?
letter did not come to confirm registration

check your spam folder

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letter did not come

[koprobo]

Fuck you ddosing morons.

[multibit]

Why are you all so eager to dump this coin? Right before the PoS and the true value will show?  I see aaaaaalot of sell orders at CR right now..

I am eager for PoS to start fully... The production rate of the coin is going to drop massively and people will have to use exchanges to acquire the coins.

Also the interest rate of this coin is a lot higher than just 50k into 50.5k in 1 year. Its more like 50k into 100k in 365 days.

Are you sure? When is 1% per annum really mean 100% per annum?

Don't get me wrong, i'm mining BC hard, tried to get 1million but have NO CHANCE lol, not even half way.

no

1% + compound interest = 1.05% /year

if 100% that would mean we'd had 100M added each year, wich would be stupid

POS reward is here to maintain the network.

Enjoy you black coin  

1.05% big freaking deal

[fiftyseven]

Can someone please answer my questions? I would really appreciate it. I have mined other coins before but POS is new to me.

Once I get the coins in my wallet do I need to do anything special to get the stake thing going? It says stake miner suspended due to locked wallet. How do I get around this.
Do I understand correctly that all the coins ever will be made this week and then no more will be made? Will pools end after that since it will be pointless, and all mining will stop and everything will be done on the wallet?

Thank you to whoever answers.

Given I don't believe we've seen a definitive answer from either the dev or someone who can understand the source, I guess we will have to just wait and see at this point. My interpretation is that you get a chance depending on the size of the bag you hold every 8 hours to obtain 1% interest. Whether that's 1% proportionate to the original bag, or 1% compound I'm not sure. And whether you get your potential interest chance once in a blue moon or nearly every 8 hours, I'm not sure either. It really would be nice to have some facts here.

It works like this. You have to leave your wallet open and unlocked. The network will then stake the coins you have in your wallet that are at maturity which is 8 hours for this coin. There is no max age so that means once they mature they can post stake and never lose viability until they post stake or are traded. If the coin changes hands or your wallet posts stake then it has to wait another 8 hours to gain viability to post stake again. The random choice is based on the size of the bag of mature coins that you hold. So while the network may have 100 million coins probably only 50% of those coins are of stake age dues to trading hands. So if your wallet wins the random stake lottery you will earn interest on the coins of stake age. That is the basic gist of it.

Right. This is in line roughly with what I understood, thanks for clarifying the stake age thing, that makes sense.

The 'random stake lottery' - how are the 'lucky coins' determined? Is it literally a random pick, and how often is that pick? The problem with information is it just raises more questions, heh.

[multibit]

Why is Doge worth a lot? Feathercoin? Quark?
Because of the community.
The price will go up, the amount of stores and services will increase which makes it worth investing in. People are investing for the future, not for today.
10k sat is not impossible, 10k sat is a marketcap of $5.5M, that's like Novacoin or Worldcoin. What's so special about them?

The so call community are the same people here just mine all the different coins.

[paniczklos]

GUYS ONE OF YOU IS MINING ON MY P2POOL NODE, BUT HAVE FORGOTTEN TO ENTER HIS WAALET ADDRESS
20 MH/s GUY PLEASE WAKE UP AND REASTART YOUR MINER WITH ADDRESS AS YOUR USER NAME!!

[theneos]

GUYS ONE OF YOU IS MINING ON MY P2POOL NODE, BUT HAVE FORGOTTEN TO ENTER HIS WAALET ADDRESS
20 MH/s GUY PLEASE WAKE UP AND REASTART YOUR MINER WITH ADDRESS AS YOUR USER NAME!!

ouch. that gotta hurt when he wakes up.