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

[r0b1nuk]

for anyone thats interested

the blackcoin blackhole!

https://bitcointalk.org/index.php?topic=518406.new#new

[porcupine87]

So , any reason why should I throw in some money on this? Looks promising but that's not enough !

fair distribution of coins,

all holders hold less then 2%
no mining to inflate supply
Proof of stake is only 1 %

Ah, so mining all coins in 5 days is fairer than mining them in years like PPC?
And all holders hold less then 2%? Holy fuck. In BC every individuum can only own one address? Great!

The first of its kind to have dedicated altcoin multipool (buys BC for market price) to be off beta and live next by next weekend.

I don't really get what this pool does when there is only POS?

[mellomike]

I don't really get what this pool does when there is only POS?

It mines alt coins ... buys BTC with the alt coins .. then Buys BC with the BTC. So it's feeding sold BC back into the stake holder's hands while increasing the value of BC.

[Baleinium]

I don't really get what this pool does when there is only POS?

It mines alt coins ... buys BTC with the alt coins .. then Buys BC with the BTC. So it's feeding sold BC back into the stake holder's hands while increasing the value of BC.

This is the most inovative mining idea I've ever seen! Do you know when the pool will be up and running again?

[ski92]

I don't really get what this pool does when there is only POS?

It mines alt coins ... buys BTC with the alt coins .. then Buys BC with the BTC. So it's feeding sold BC back into the stake holder's hands while increasing the value of BC.

This is the most inovative mining idea I've ever seen! Do you know when the pool will be up and running again?

hopefully by the end of the week i think

[Zackgeno96]

straw poll http://strawpoll.me/1327642 READ CAREFULLY.

[v1l3n1n2]

straw poll http://strawpoll.me/1327642 READ CAREFULLY.

Put it on OP

[Zackgeno96]

straw poll http://strawpoll.me/1327642 READ CAREFULLY.

Put it on OP

no point the vote ends in 35 minutes. it was only a 45 minute vote! http://strawpoll.me/1327642  GET YOUR VOTE IN 35MINUTES LEFT

[plumptoiletduck]

straw poll http://strawpoll.me/1327642 READ CAREFULLY.

Put it on OP

no point the vote ends in 35 minutes. it was only a 45 minute vote! http://strawpoll.me/1327642  GET YOUR VOTE IN 35MINUTES LEFT

If we use the largest volume exchange and it's done once every 24 hours people will set their sell orders a little higher around the expected buy time, which means less bc (and incentive) for the miners in the multipool, although if the price goes up then this may be negated... such a dilemma.

[porcupine87]

I don't really get what this pool does when there is only POS?

It mines alt coins ... buys BTC with the alt coins .. then Buys BC with the BTC. So it's feeding sold BC back into the stake holder's hands while increasing the value of BC.

This is the most inovative mining idea I've ever seen! Do you know when the pool will be up and running again?

ah cool. But what is so innovative about that? This is just one step further to a normal mutlipool like middlecoin...

[v1l3n1n2]

BKvbFYk7XpHKEBpD3KTDwjXqDyQsRYCAD1   from 4 050 000  to  6 150 000 in a 5hours...

[bitcoindirect]

Here is the direct Reddit link where I will have most of the updates.

http://www.reddit.com/r/Bitcoin/comments/207014/penguin_books_penguin_foundation_charitable

Thanks again to all those who are helping these kids who don't have the opportunity to have books like we do, and the Penguin Foundation!

Charity Box's so far:
BTC-0.03122
LTC-0.00
DOGE-1,005.60
PENG-610,000.00
AURORA-0.00
FLAP-0.00
RIPPLE-0.00
KLONDIKE-0.00
ULTRA-0.00
EARTH-0.00
DARK-0.00
LEAF-0.00
MINT-0.00
BLACK-0.00

"Hey everyone!

So for those of you who know me either from Reddit or Bitcointalk, I am the guy who has a glass etching business with my girl that started doing glass etched Bitcoin Glasses and have been an active member in the crypto currency world.

Today, I want to inform you that with being a big part in the Penguincoin community, our community has setup with two charitable organizations for whom we are going to work directly with on helping their cause.

In doing so, I personally have promised to the community that ANY SALE made with our glass etching at https://www.etsy.com/shop/pixskull, we will PERSONALLY DONATE 25% off the sale to our donation wallet, which will get divided between the two charitites.  By tomorrow we will post an article that http://cryptoarticles.com

Our first charity we have been in communication with is Penguin Books and the Pearson Foundation.  

Who is known for such books as:*
*Of Mice & Men
*Jane Eyre
*Pride and Prejudice
*The Odyssey
*Hamlet
*Moby Dick

They're charity is http://wegivebooks.org.  We give books donates books to children less fortunate and tries to inspire caregivers and educators the chance to inspire children to become lifelong readers and lifelong givers.

For every $5 dollars donated, they will send two more bookbooks to their charity partners.

The other organization we have communicated with and are making promises to is **The Penguin Foundation**
http://penguinfoundation.org.au

The Penguin Foundation was established to protect and preserve one of Australia's most important natural assets - the little penguin.

The Penguin Foundation aims to provide a dedicated source of funding to support little penguin conservation projects on Phillip Island. These include little penguin rescue and rehabilitation in the event of a man-made disaster; building new little penguin nesting areas; monitoring little penguin health and behaviour; protecting the little penguins' natural environment; and contributing funding to the vital Phillip Island Nature Parks Wildlife Clinic on Phillip Island. Since its establishment in 2006, the Penguin Foundation has raised over $1.5 million.

Our Goal for the penguin foundation is to be a sponsor, but we will have an adopted penguin as well.  And with the current news articles about the Penguin Foundations need, such as http://www.chron.com/news/nation-world/article/Knit-a-penguin-sweater-to-help-them-survive-an-5293898.php We felt the need to reach out directly to them.

Any and all donations are beneficial to our cause and the meaning of what Penguincoin is trying to achieve, and what a positive outlook the crypto-currency world will achieve from this and it's ability to do more positive for the world then negative.

Thank you for any help, and please spread the word.  I will gladly update everyone on here, as well as on bitcointalk about the updates and donations we have been receiving, as well as the updates on our penguins and books that have been donated.

Sincerely,

Rich Ferry

Donations are accepted in any of these forms so far.  We will gladly give other currencies the option to donate on request.

*BTC-1MEnRWb5EWoiQm32p3aF78MkBAPheqAvZQ
*LTC-LSAgpiArAQCe8jyUrHZ7vG3vyQv4xwY5GQ
*PENG-pDFQzCdyeqKdzP7LRgAc2G21LQJKzHKXQz
*DOGE-DMEAqJBRkPL38A5MPwmfanDx98sWen6Kgu
*RIPPLE-rPYpuvDH7sXBDF2hEYC1E7Ko2sUEKqYetG
*AURORACOIN-ASZfre39f9Po8ndukHznRzo2y18MF2tift
*FLAP-FFUZk1m7gohkbNCK42YjdZA44FuJ5W3tDe
*KLONDIKE-L6zvYLLeVjwFgWN7cpJb3EMfwjJJXenx1J
*ULTRA-UjkkNHz3X9VrVw1t3z6gA74nhg31ZBKHip
*EARTH-epYihNy9sNmLBHo8HUaSKoVsrgaY2c9LvQ
*DARK-XhgrwWsfE3pGcy6sBqcMTSwvegnqQQGjMF
*LEAF-fHxCcHMzRFjrythxRHhZmM2Xz2E4Q7PtV6
*MINT-MXQcJJCmkFTByLuUYqgatVKBuH3FPNmbcn
*BLACK-B4s9FErujyGYrp4VuR5u94vVBwytoTL9XS

[stormia]

So , any reason why should I throw in some money on this? Looks promising but that's not enough !

fair distribution of coins,

all holders hold less then 2%
no mining to inflate supply
Proof of stake is only 1 %

Ah, so mining all coins in 5 days is fairer than mining them in years like PPC?
And all holders hold less then 2%? Holy fuck. In BC every individuum can only own one address? Great!

Lol careful.. this community is very sensitive and delusional about how well the coins have been distributed.

[Baleinium]

I don't really get what this pool does when there is only POS?

It mines alt coins ... buys BTC with the alt coins .. then Buys BC with the BTC. So it's feeding sold BC back into the stake holder's hands while increasing the value of BC.

This is the most inovative mining idea I've ever seen! Do you know when the pool will be up and running again?

ah cool. But what is so innovative about that? This is just one step further to a normal mutlipool like middlecoin...

Normally mining contributes to pushing the price down, because multipools usually sell their coins at the lowest price. This means that for the price to stabilize there has to be at least as many new buyers buying up the new coins. What the BC guys are doing is the opposite; they have created a pool that will buy the coins up which will help to drive the price up by increasing demand. Furthermore it will greatly increase volume which will make the coin more interesting for exchanges to add.

[vectisitch]

pure genius

[anva]

Update on the BC distribution list

http://maarx.nl/maarx.nl/blackcoin/distribution/

You can now click an address and see what it's been doing the past while. Updating regularly with new features/ functionality

Oh, and the list will be updated about every 3 hours on page refreshes!
So next update should be in about 2.5 hrs

Can you add me to the list ?

BRkQm3Cy222zkbazEAYor87ax5muQNn3Nd

[niothor]

So , any reason why should I throw in some money on this? Looks promising but that's not enough !

fair distribution of coins,

all holders hold less then 2%
no mining to inflate supply
Proof of stake is only 1 %

Ah, so mining all coins in 5 days is fairer than mining them in years like PPC?
And all holders hold less then 2%? Holy fuck. In BC every individuum can only own one address? Great!

Lol careful.. this community is very sensitive and delusional about how well the coins have been distributed.

I already found out how the discussion about the coin is dealt with , from both sides.

[XbladeX]

.....
Ah, so mining all coins in 5 days is fairer than mining them in years like PPC?
And all holders hold less then 2%? Holy fuck. In BC every individuum can only own one address? Great!

.....

10day-minig is a way to distribute coin dev have chosen 10-day could be longer or not this is his independent decision.
Of course less people joined to BC boat during minig...compare to eg PPC during minig.
To balance that we have to be creative and attract some people to join BC community.

But wait what you see after 10-day ? during mining price was 1000-3000 sat...
After minig price was 500-3000 too...
Do that mining really matters on price ? As you see not.

Today Mutipools / Gpufarms generally destroy idea of POW minig be one GPU-man for better distribution.
Personaly i saw on Vert pools fuys with 150Mhs workers...
POW mining creates his own ecosystem Roi/hardware...

10 day minig can get hate of whole minig indjustry wanted earn some $ on that proces.
They will hate IPO presels to like NEM... This coin is not for miners.

To balance that in POS system like BC works is more about building community.
As you see even during pump noone from 9/10 from top 10 even didn't touch balance.
...everybody are free to join or leave we cannot stop them ^^.
Only one thing can do is building community and rise.
Balance is that those top 100 have biggest responsibility for whole coin...
They need donate projects they have to back up new innovations and Dev.
We are trying to build that. I can asure you this is much harder than mining.


"I don't really get what this pool does when there is only POS?"

Whole idea of Black hole multipool have many purposes:
- Expand user base
- Stabilize price
- Many people don't want buy coins they like minig we are giving them chance.
- Some people like me just want back up coin because i have faith in it.


___________________________________________________________________________
PPC - is different story great coin big community good dev. and is Older than 22 days BC.

BC need time to build community and rise their position position lets check BC in one yeat then can we talk about it success or it failure.

Once more even today gpufarms/multipools just for $ don't convince me to long period of mining.
Today a way better for POS is make short mining time...or IPO for 4000 people wiling join and support some coin. like NEM.
And leave coin to community. People like me are bored about continuous mining wars this is stupid...
At the end only big data-centers ale alive...And source of all new coins are 2-3 of them...
In POS like here you dont have 3-4 peole possesing all unless you are let them to do it all it is up to community
with BTC you cant fight with centralized minig anymore same with PPC...
POS and POW are diffrent systems in principals.
But both are balanced somehow.
Till BC,NXT we haven't true POS systems at all other are just mixses.

[mpmcsweeney]

All this multipool business...sounds like the Worldcoin effect is happening much faster in BC's community 

[chango]

All this multipool business...sounds like the Worldcoin effect is happening much faster in BC's community 

What is the worldcoin effect ?