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futile-resistance
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March 29, 2014, 10:04:39 PM |
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Is this the blackcoin thread or the mintcoin thread? Maybe I took a wrong turn somewhere...
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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maarx
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March 29, 2014, 10:05:40 PM |
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just trying to get reliable information regarding known blackcoin security flaw
There is no known security flaw. What are you talking about? |
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stormia
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March 29, 2014, 10:06:18 PM |
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LMAO MINT is pure PoS. Mintcoin (code: MINT), also known as MintCoin, is a peer-to-peer cryptocurrency that uses both proof-of-stake (PoS) and proof-of-work (PoW) systems. https://en.wikipedia.org/wiki/Mintcoinit's hybrid, so it avoids the known blackcoin security weakness Lol Blackcoin has no known vulnerabilities. Quote your source which lists a vulnerability of Blackcoin. There are none. It's based on the latest peercoin code whose POS code has no known vulnerabilities.The MINT coiners are getting desperate spreading lies about Blackcoin in this topic trying to pump up their tiny market cap. And here is a quote from your OWN mintcoin topic created by the MINTCOIN DEVELOPER: "MintCoin is an innovative, secure and energy efficient PoW/PoS coin. It uses a faster PoW distribution mechanism to distribute the initial coins, then after 5 weeks the coin is basically transferred to a pure PoS coin, where the generation of the coin is mainly through the PoS interests." (front page of the official topic - https://bitcointalk.org/index.php?topic=450381.0) So either your Developer is so good he can't be bothered to update the main source of information of Mintcoin or he has indeed made the coin so it's not PoS only (I am guessing he wasn't able to work out how to make a PoS coin?). If it's the latter that also makes Blackcoin even more energy efficient than Mintcoin  Once again you are a fool and an ass and you are demonstrating it. "MintCoin is an innovative, secure and energy efficient PoW/PoS coin. It uses a faster PoW distribution mechanism to distribute the initial coins, then after 5 weeks the coin is basically transferred to a pure PoS coin"
it says basically because the PoW blocks only generate 1 coin/block. You can see the PoW blocks are still being generated so there is really no way to dispute the fact that Mint is PoS/PoW hybrid...
Let me compare the quotes for you my child: I said: "LMAO MINT is pure PoS."Official topic written by the MINT dev says: then after 5 weeks the coin is basically transferred to a pure PoS coinEither way it makes Blackcoin the more energy efficient coin That's your main marketing slogan being energy efficient. Another win for Blackcoin. Let me restate what I just said... since apparently you missed it the first time: "MintCoin is an innovative, secure and energy efficient PoW/PoS coin. It uses a faster PoW distribution mechanism to distribute the initial coins, then after 5 weeks the coin is basically transferred to a pure PoS coin" it says basically because the PoW blocks only generate 1 coin/block. You can see the PoW blocks are still being generated so there is really no way to dispute the fact that Mint is PoS/PoW hybrid... Wow yeah, so much more energy efficient... how much more energy intensive do you really think maintaing a hashrate of nearly 0 is? I think it's worth the added level of security. Also, BC destroyed any claim to "energy efficiency" that it or any PoS coin can make since the advent of the multipool. http://www.cryptostatz.com/coins/Mintcoin_hashrate.php |
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mgburks77
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March 29, 2014, 10:06:25 PM |
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why are we talking about mintcoin in a blackcoin thread? i think you clicked the wrong thread  I don't know, I'm simply asking about the known security flaw associated with blackcoin. I didn't bring that up. But I'm getting a lot of double talk instead of straight answers. |
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gonzoucab
Newbie
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Activity: 42
Merit: 0
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March 29, 2014, 10:06:55 PM |
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On one slide?
Different communities probably. Black is 'sexier' than green.
Black Ferrari or Green Prius? hmmm my choice is made :p |
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mgburks77
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March 29, 2014, 10:07:48 PM |
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The reason I ask is because I'm thinking about getting some but it seems way overvalued
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qiwoman
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March 29, 2014, 10:08:57 PM |
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What is all the arguing about lol? I thought we are creating crypto currencies in defiance of the current crappy economic systems that are enslaving us. Anyway I am holding my BCs and hoping that also Cryptorush will do the right thing to and return my stolen coins. I am surprised they have not shut down the accounts of all the thieves who took our coins?  |
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artiface
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March 29, 2014, 10:09:23 PM |
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why are we talking about mintcoin in a blackcoin thread? i think you clicked the wrong thread I don't know, I'm simply asking about the known security flaw associated with blackcoin. I didn't bring that up. But I'm getting a lot of double talk instead of straight answers. HOW MANY TIMES DOES THIS NEED TO BE ANSWERED BEFORE YOU SEE IT! You're either stupid or trolling, either way going on my ignore list. |
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mgburks77
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March 29, 2014, 10:10:05 PM |
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What is all the arguing about lol? I thought we are creating crypto currencies in defiance of the current crappy economic systems that are enslaving us. Anyway I am holding my BCs and hoping that also Cryptorush will do the right thing to and return my stolen coins. I am surprised they have not shut down the accounts of all the thieves who took our coins? blackcoin is susceptible to theft? How? |
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draco71
Member
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Activity: 84
Merit: 10
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March 29, 2014, 10:10:50 PM |
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The reason I ask is because I'm thinking about getting some but it seems way overvalued
The reason you are asking is because you think you missed that train and you are trolling on this thread. I don't know if you missed it or not, but your attitude is pathetic. |
My heart belongs to RieCoin (RIC), my investments to BlackCoin (BC)
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stormia
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March 29, 2014, 10:11:47 PM |
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What is all the arguing about lol? I thought we are creating crypto currencies in defiance of the current crappy economic systems that are enslaving us. Anyway I am holding my BCs and hoping that also Cryptorush will do the right thing to and return my stolen coins. I am surprised they have not shut down the accounts of all the thieves who took our coins? The reason you are asking is because you think you missed that train and you are trolling on this thread. I don't know if you missed it or not, but your attitude is pathetic. I think you quoted the wrong person... |
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mr_random
Legendary
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Activity: 1274
Merit: 1001
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March 29, 2014, 10:12:08 PM |
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What is all the arguing about lol? I thought we are creating crypto currencies in defiance of the current crappy economic systems that are enslaving us. Anyway I am holding my BCs and hoping that also Cryptorush will do the right thing to and return my stolen coins. I am surprised they have not shut down the accounts of all the thieves who took our coins? Mgburks lost a lot of money on MINT and his only way of regaining his losses is spamming the Blackcoin topic with lies and FUD Poor guy didn't realise that pre-mined coins pocketed by the developer never go far |
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mgburks77
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March 29, 2014, 10:12:23 PM |
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if there is no security flaw how were blackcoins stolen?
sounds fishy?
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draco71
Member
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Activity: 84
Merit: 10
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March 29, 2014, 10:12:52 PM |
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What is all the arguing about lol? I thought we are creating crypto currencies in defiance of the current crappy economic systems that are enslaving us. Anyway I am holding my BCs and hoping that also Cryptorush will do the right thing to and return my stolen coins. I am surprised they have not shut down the accounts of all the thieves who took our coins? The reason you are asking is because you think you missed that train and you are trolling on this thread. I don't know if you missed it or not, but your attitude is pathetic. I think you quoted the wrong person... fixed it already. Sorry qiwoman ... |
My heart belongs to RieCoin (RIC), my investments to BlackCoin (BC)
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mr_random
Legendary
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Activity: 1274
Merit: 1001
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March 29, 2014, 10:13:21 PM |
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if there is no security flaw how were blackcoins stolen?
sounds fishy?
I guess there must be a security flaw in Bitcoin since Bitcoin were stolen from mtgox |
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futile-resistance
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March 29, 2014, 10:13:29 PM |
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If anyone in here is interested in Blackcoin, the official IRC is extremely active. This thread seems to be hijacked.
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stormia
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March 29, 2014, 10:13:41 PM |
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What is all the arguing about lol? I thought we are creating crypto currencies in defiance of the current crappy economic systems that are enslaving us. Anyway I am holding my BCs and hoping that also Cryptorush will do the right thing to and return my stolen coins. I am surprised they have not shut down the accounts of all the thieves who took our coins? +1. Dreaming of the day cryptos can work together. Looks far off based on the attitudes I see everywhere on this forum. Constructive criticism and bipartisanism are instantly rejected in a fury of self-defensive slurs and name calling. |
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mgburks77
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March 29, 2014, 10:14:53 PM |
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all I know is I am hearing two different things on this thread.
1. there is no blackcoin security flaw
2. that blackcoins were stolen
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mr_random
Legendary
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Activity: 1274
Merit: 1001
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March 29, 2014, 10:15:29 PM |
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If anyone in here is interested in Blackcoin, the official IRC is extremely active. This thread seems to be hijacked.
We also have the subreddit over at reddit.com/r/blackcoin! I urge people to continue posting here though and not be deterred by a couple of trolls. New people read this topic everyday. |
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firstflyover
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March 29, 2014, 10:16:13 PM |
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man, I'm just asking about a known security issue that was discussed on this thread. I don't know where all of that came from.
Which security issue are you asking about? The one that was completely debunked a few pages ago? https://bitcointalk.org/index.php?topic=469640.msg5971244#msg5971244 The nonsense that someone could 51% the coin by making transactions in intervals to generate multiple blocks in a row? This is impossible POS doesn't work based on coinage only. He's been spamming that rubbish for pages Perhaps we should spam the MINT topic with similar lies? But no lets not sink to their level of desperation. desperation..... B I N G O ! |
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