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

[Soepkip]

i have discovered a flaw with current PoS implementation

you can easily do a 51% attack with PoS blocks without needing large holdings

since PoS blocks are generated on a coin age basis, you could create TXO's delayed by a time offset at the minimum TXO cost for a future attack period

so after creating 10000 TXO of 1 MINT separated by 0.5 seconds to make sure 60 consecutive blocks are generated at repeated interval by your wallet 20 days in the future, the attack would last 1 hour and 40 minutes

enough to put the security and function of a coin in question



couple that with the fact the difficulty calculation includes PoS blocks, that would mean difficulty would jump to stratospheric levels making it impossible to mine PoW blocks

are people really not concerned about this?


YOU CAN 51% ATTACK ANY POS COIN WITHOUT THE NEED FOR 51% OF SUPPLY OR ANY PoW HASHRATE AT ALL

Hi all. Just thought I'd share some of the joy we've been dealing with on the Mintcoin thread. Have a good night.

Check our code i'd say

[darcius]

Soepkip love what your doing with the Blackcoin community mate, keep it up.

[btcpoland]

Soon on Cryptsy?

https://www.cryptsy.com/users/viewdeposits/133

[jommy99]

What is it with 37846 from 5 days ago that has me so stuck from, does anyone have a clue for me.  Sure is frustrating being stuck without any help available for days on end
I have downloaded the latest wallet for BC?  from the main site three times now and tried it with the same results, I connect to peers and try endlessly to synch and get nowhere.
Is it possible their are multiple 1.05 versions and the main site was not updated to the latest?   Is there some special .conf file not mentioned on the main page I am missing?  Is there anyone or anywhere to ask and get help on such things for BC?   Had bought some cheap BTC and Zeitcoin durring this dip was thinking BC too was cheap now but but finally just bought a bunch of Dogecoin, at least I will have fun with them
while I wait for the BC wallet to try.  I don't supose there is a web or paper wallet for blackcoin?

Dogecoin has a nice paper / brain / bulk wallet site here  http://dogeaddress.com/

I bet someone here decent at development could get one going for Blackcoin too using this  https://github.com/litecoin-project/liteaddress.org

FYI
New sites and services to support BC would help add value, especially though support for those trying to support / buy / use this coin is crucial.

IMHO

[germsite]

What is it with 37846 from 5 days ago that has me so stuck from, does anyone have a clue for me.  

Have you tried deleting the blockchain and re-synching ? Failing that, close down the wallet and re-open it ( sounds daft, but worked for me a couple of times, there were a few blocks that it seemed to get hung up on )

[PeterPalmBeach]

Soon on Cryptsy?

https://www.cryptsy.com/users/viewdeposits/133

Told you that few days ago and nobody believed me  

[pc52013141234]

The pool is prowful.......

[Jabulon]

The volume is worryingly low. The only action occurs when the market manipulators pump it up or dump it. When they go away the market just dries up and no trades occurs for sometimes 20+ minutes at a time. Expecting a downtrend soon when others catch on and start to sell off. 

Could you be a little less obvious? We all know you just love this coin's ass and are kicking yourself for not buying at 6000. Nigga please.

[Joe Budden]

Soon on Cryptsy?

https://www.cryptsy.com/users/viewdeposits/133

Told you that few days ago and nobody believed me  

This coin is gonna explode man!!

buy buy buy

[IconicExpert]

Thank you for shutting up that Casino guy. I'm all for your endeavors that will help with the Blackcoin community. I believe you can make the Blackcoin rewards card a possibility!

Thank you...

[theneos]

What is it with 37846 from 5 days ago that has me so stuck from, does anyone have a clue for me.  Sure is frustrating being stuck without any help available for days on end
I have downloaded the latest wallet for BC?  from the main site three times now and tried it with the same results, I connect to peers and try endlessly to synch and get nowhere.
Is it possible their are multiple 1.05 versions and the main site was not updated to the latest?   Is there some special .conf file not mentioned on the main page I am missing?  Is there anyone or anywhere to ask and get help on such things for BC?   Had bought some cheap BTC and Zeitcoin durring this dip was thinking BC too was cheap now but but finally just bought a bunch of Dogecoin, at least I will have fun with them
while I wait for the BC wallet to try.  I don't supose there is a web or paper wallet for blackcoin?

Dogecoin has a nice paper / brain / bulk wallet site here  http://dogeaddress.com/

I bet someone here decent at development could get one going for Blackcoin too using this  https://github.com/litecoin-project/liteaddress.org

FYI
New sites and services to support BC would help add value, especially though support for those trying to support / buy / use this coin is crucial.

IMHO

Try deleting everything in the AppData's BC folder except wallet.dat then try opening your wallet.   it should download the blockchain again.

also there's already something like that for BC. it's a few pages back so you just search for it i think i saw it last week.  you can create your own paper wallet, etc.

[wantrepreneur]

Soon on Cryptsy?

https://www.cryptsy.com/users/viewdeposits/133

Told you that few days ago and nobody believed me  

This coin is gonna explode man!!

buy buy buy

We've been exploding already since 500sat->

[Charloz24]

The volume is worryingly low. The only action occurs when the market manipulators pump it up or dump it. When they go away the market just dries up and no trades occurs for sometimes 20+ minutes at a time. Expecting a downtrend soon when others catch on and start to sell off. 

Come on, 500 BTC/24hr is low?? And that is just for mintpal... There is not very much other alts that do this volume...

[baka]

The volume is worryingly low. The only action occurs when the market manipulators pump it up or dump it. When they go away the market just dries up and no trades occurs for sometimes 20+ minutes at a time. Expecting a downtrend soon when others catch on and start to sell off. 

Come on, 500 BTC/24hr is low?? And that is just for mintpal... There is not very much other alts that do this volume...

Considering half of those 500 btc is probably one trader buying and selling his own coins, it is a little low.

[maarx]

The volume is worryingly low. The only action occurs when the market manipulators pump it up or dump it. When they go away the market just dries up and no trades occurs for sometimes 20+ minutes at a time. Expecting a downtrend soon when others catch on and start to sell off. 

Come on, 500 BTC/24hr is low?? And that is just for mintpal... There is not very much other alts that do this volume...

Considering half of those 500 btc is probably one trader buying and selling his own coins, it is a little low.

How do you figure it's one trader?

[doona38317]

Oi. Should I lock my wallet until there is a fix? That would be the safest move? I'm pretty paranoid about theft.

Security is not a wallet hidden perils
Developers Is it right? Deceived us

[doona38317]

WTF!!!!!!!!!I throw them in a low price!!!!!! What's the problem of me!!!!!!I think BC is still undervalue.

BC should have far more than the current value
At present very difficult
We can only wait for the

[heartastack]

The volume is worryingly low. The only action occurs when the market manipulators pump it up or dump it. When they go away the market just dries up and no trades occurs for sometimes 20+ minutes at a time. Expecting a downtrend soon when others catch on and start to sell off. 

Come on, 500 BTC/24hr is low?? And that is just for mintpal... There is not very much other alts that do this volume...

Considering half of those 500 btc is probably one trader buying and selling his own coins, it is a little low.

Useless, misleading asanine comments like yours and Catkiwi are a real pisser, and highlights how noobs and dumb money hinder progress.

[Jeezy911]

As long as the there is a multipool, this coin will always have volume.

[maarx]

WTF!!!!!!!!!I throw them in a low price!!!!!! What's the problem of me!!!!!!I think BC is still undervalue.

BC should have far more than the current value
At present very difficult
We can only wait for the

Wait for the.. Wait for it... Here it comes... !