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

[plumptoiletduck]

Was the 4999 - 5000 buy wall pulled or did it get swallowed?

On a side note Vircurex freeze user funds: Vircurex freezes all users funds  https://vircurex.com/welcome/ann_reserved.html … "If you have BTC in Vircurex you can quickly convert it to DOGE and withdraw. They'll probably stop this soon so do it quick."

[btcprice]

So what will this coin be worth in the future? Where do you think we could go with it and what price do you think each coin could potentially be worth? Would love to hear your opinions!

As I've mentioned in a previous post, parity with Litecoin today would signify approximately $5/BC. I see that as a reasonable benchmark destination, for the time being. If LTC goes up faster than its currency expansion/dilution, I would raise that benchmark accordingly.

I keep remembering your previous post with this benchmark mentioned. I think it would be great to see this target within a year or two. Plenty of things may happen between now and then.

Just as a point of reference, Blackcoin is listing at $0.03 per coin at this moment.

[TheProgrammer]

Was the 4999 - 5000 buy wall pulled or did it get swallowed?

On a side note Vircurex freeze user funds: Vircurex freezes all users funds  https://vircurex.com/welcome/ann_reserved.html … "If you have BTC in Vircurex you can quickly convert it to DOGE and withdraw. They'll probably stop this soon so do it quick."

Yeah that was weird.. Big pump you can say lol.. 11 btc wall just got crushed

[jacek1973]

great interest sold 10BC bought the 4000 yesterday, 20% of the profit, none coin does not earn enough

[machinez]

0.00005322 on Poloniex.  Their volume sucks but check out the price  

[Janezki]

Top BC wallet lost 1M coins, was +2M is now 1M.
+ 50BTC profit...  

[TheProgrammer]

Btw. Would anyone be interested on a mobile app of Crypto Coins? That tells prices of each crypto coin same like CoinMarketCap and alarms you when specific price reaches as you have selected?

[PDcologne]

very much yes

[hansolo93]

oh yes i would really like and i would also pay for a wallet-app especially for a blackcoin wallet -app 

[l4p7]

Simple question: What makes blackcoin substantially and essentially diffferent from peercoin, novacoin and mintcoin?

Assuming this is a legitimate question and not a trolling attempt.

Peercoin and Novacoin are a hyrbid of proof of work and proof of stake. Blackcoin is proof of stake only making it more environmentally friendly.

Mintcoin is similar to Blackcoin except it's premined and the proof of stake rate of interest is 20% rather than Blackcoin's 1%. 20% interest rate is too high for various reasons discussed already.

It's more than technical specifications that make a coin though. Otherwise Litecoin would have the same market cap as Bitcoin. It's also community support and the quality of the dev team (blackcoin has a great one as demonstrated by the blackcoin multicoin concept being pioneered).

I am not troling. I am beeing a potential investors understanding his investments and asking questions for that purpose.
So...
Where does the POS code come from? I assume it is based on PPC?
There was a reason (security reasons) why PPC does not rely on POS completely and not that quick. Did Mintcion/Blackcoin overcome this?

I'm not a coin dev so can't answer that with authority. I read someone else say on here that the Blackcoin code is using a modified version of PPCoin's staking algorithm. However I don't know how accurate that statement is (he seemed to know what he was talking about but I lack the knowledge to verify it).

Sunny the PPC dev brilliant though he is has always been vague about PPC and it's security issues.

Understood. To my knowledge, Sunny King sorted the matter out already over a month ago. To wit:

The protocol upgrade in 0.3.0 includes a new algorithm to derive proof-of-stake hash modifier, the entity that scrambles computation for stake owners, which replaces the current proof-of-stake difficulty used as modifier in 0.2 protocol. The design was started late September last year, when I first began to realize the issues with using difficulty as modifier. Honorary mention also goes to Jutarul, who independently discovered and verified an issue with using difficulty as modifier and published on bitcointalk in December last year, while successfully executed a demo attack on the block chain. Other changes in the protocol include starting hash weight from 0 at the 30-day mininum age, and requirement that coinstake timestamp must equal block timestamp. Overall 0.3 protocol should significantly strengthen the proof-of-stake protection and resolve the current known vulnerabilities.

My sincere appreciation to co-contributors of 0.3.0 release:

Robert VanHazinga of Hartland PC (dreamwatcher) for the vanitygen compatibility fix
Jutarul for demonstrating stake generation vulnerability
EskimoBob for reporting issue fixed in 0.3.0

You mean that PPC has solved the security issues and now could works as pure POS too?

That is my understanding.

Then my initial question is still valid. What specifically is better about Blockcoin compared to PPC?

[PeterPalmBeach]

MintPal:
"Blackcoin blockchain issue resolved, deposits and withdrawals have been enabled again."
That was quick 

[gpools]

  BC 10k satoshi  go go

[lonely@thetop]

BC 10k satoshi  go go

10k within 3 weeks, we should aim for 50k at least

[PDcologne]

BC 10k satoshi  go go

10k within 3 weeks, we should aim for 50k at least

i think there is no limit for this coin - at the current price growth nothing will surprise me - so glad i didnt sell at 4000 - i was so close to clicking the sell button.... my faith in this coin now knows no bounds.... 

[jamieb81]

BC 10k satoshi  go go

10k within 3 weeks, we should aim for 50k at least

i think there is no limit for this coin - at the current price growth nothing will surprise me - so glad i didnt sell at 4000 - i was so close to clicking the sell button.... my faith in this coin now knows no bounds.... 

yeah I sold some at 4200 cause I needed ltc for a transaction, wish I didn't had to do it lol

[qiwoman]

I liquidated half an aurora and most my aphs now and invested them in Blackcoin I got now over 5k again is that good?

[gpools]

After we kill more shit coin BC join top 5 coinmarketcap  !

[jamieb81]

After we kill more shit coin BC join top 5 coinmarketcap  !

yeah mine those shit coins and buy more BC that's my thing now 

[lonely@thetop]

Aphrodite coin... wtf? Another country shitcoin with 75% premine and people are still falling for this as it's 5th on coinmarketcap? A nice "month away airdrop" date so that hype can be built and 75% premine shoved up to sheeps throats. Bah this BS makes me sick.

[mr_random]

Blackcoin at an all time high price on Mintpal.

Breaking though that 5000 satoshi barrier is going to prove significant. Last time we stumbled at that point and then a panic dump occurred. Confidence regrew and the price has gradually rebuilt itself over the last week back up to 5000 and this time we smashed through it   This is an extremely bullish indicator (recovering from a dump and then going onto new highs in price). We may now see a massive pump here as people get excited. I would prefer though to see more of this gradual smooth rise in price we have seen. Either way, long term I see only moons and rockets for this coin... especially with no mined coins getting dumped on the market every day.

/todays analysis over