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

[MuffinMaster]

When I try to compile BlackCoin-qt,
I get this message

Code:

.../ld.exe can not find -lboost_thread_win32-mgw46-mt-1_54

How can  I solve it?
Can anybody help me?

try asking in IRC you will get faster responses. link on main page.

[Chopes]

bitcoin dying?

Bad day for bringing new investors, everybody loses on Alts when Bitcoin drops.

Sad is bit collapse
We should do what?

[virtualfaqs]

about security: could someone explain how we could be hacked ? (pos) I know ppl have to have wallets opened, but how many coins/ppl/whatever ?

Technically you need 51% of all blackcoins to perform a hack in terms of double spending etc. Theoretically the required amount of coins is smaller if an attacker is able to precompute the chain, but this is open research afaik.

20% is enough to do double-spending attacks from time to time (like once per month) with no direct costs.

20% of active stakes at the moment off course, less active stakes, less security, less interest make less actives stakers

http://www.reddit.com/r/Bitcoin/comments/22aw8c/most_altcoins_are_not_secure_enough_they_exist/

Well this comment was related to PeerCoin and the actual statement is:

20% is enough to do double-spending attacks from time to time (like once per month) with no direct costs.
I haven't done analysis on 51% attack on ppc, and I really doubt 20% will be enough.

I don't want to say that you are wrong, but want to stress that these topics are very hot (and interesting) and not completely understood yet [edit: by the larger audience, brains like rat4 surely have a better understanding].

Thats Right, what make me think its that is only 20% of active stakes.
On LOW REWARD POS, less people gonna be willing to active stake,

Its just that in crypto security came from miners, less rewards to miners make less relaltive security

I think that this can be a problem just like for Doge is (low early pow reward) that can be BC problem (using analogy)

But unlike in Doge in PoS there is no real work that has to be done, so basically there is no reason not to stake as long as you have a device running that is able to stake. When did you switch off your mobile phone last time?

Te reason not to stake is the LOW INTEREST!, the less that you get paid for doing something the less you are gonna do it.  With a greater initial POS reward people will be more willing to stake their coins.

On android always stacking will mean It will also drain battery LIFE (Not desireable) so people will shut it down most of the time.

That's what I am saying. AFAIK the only difference between staking and not staking is the ability to broadcast a block to the network, which costs the energy in terms of the broadcasting operation and requires a small amount of the data volume.

I think these factors are negligible. And with no significant cost even a 1% interest rate is worth it, the only drawback is the limited availability of the actual balance.

This.  Although the math may make sense in a 'laboratory environment' the simple fact is that there is no comparison between PoW and PoS as far as actual operation.  If the BTC blockchain was secured by every open wallet, to the exclusion of PoW block creation... then the likelihood of a successful 'forgery' would drop to a value not even statistically viable.... as you would need to control not only the majority of the hashrate, but also a majority of the active addresses represented by the wallets themselves.  This would basically have 1 chance of success and about a billion of failure... every time you tried it.

To some extent that's what you have with PoS... as the 'mining' is done by the wallet - with near 0 energy cost, and at a speed which is very fast... there's really no 'downside' to staking other than from a personal security standpoint (which to me is the real achilles heel of PoS in some ways).  In other words - if you aren't afraid of having your wallet on a computer connected to the Internet - then there's no reason to not be staking your coins... as 1% is still pure profit!

In reality, the biggest mitigating factor to this 'problem' with PoS coins and BC in particular - is market cap.  Right now (provided people were willing to sell that is) you could theoretically buy enough BC for about $1M USD... however, once you had that - it would be nearly impossible to capitalize on that resource... since doing it successfully would virtually guarantee that your invested holdings would lose their value the instant it was discovered.  If the market cap reaches even $30M - wish is still far less than LTC - then it would require ~$7-10M for the requisite amount.

So essentially, the only applicable question is... do you believe there is already someone who invested tens of thousands of dollars or the equivalent value in BTC in BC... who actually wants to destroy BC in the near future (along with any real profit potential for themselves down the road).  I agree that this world is a very weird place today, but I still think this is a non-issue for us.

EDIT: I should say, and that the person (should they exist) would rather destroy BC completely - along with their investment - rather than simply continue to see gains that no other vehicle current - especially in crypto currency land - is capable of.  At that point you're talking about ideological terrorism at the exclusion of greed and self preservation.  This does occur, but despite what Homeland Security might have us believe... it's still representative of less than .00001% of the population (and yes I made that up... it's probably a much smaller percentage even than that).

Quite right. My own calculations on this topic were the same, for all intents and purposes. I think if the criminal in question had any sense of probabilities, he would take a different course anyway: He would invest the 1mil USD in powerball tickets in hopes of winning enough money to fund more effective terrorism. It is THIS scenario that I think we must be more concerned about.

Some people just want to watch the world burn.

[Malcolm Magneto X]

http://3.bp.blogspot.com/_uj8QHMkCixs/TMI6l-ox3vI/AAAAAAAAACU/HXemBS4SG6A/s1600/Magneto+-+Malcom+x.png  I've gone black and wont go back. 
Please donate: BDL8HeJKVUxbikm9aWYLwvX9HASqgx45qe

[souljah1h]

Im making some buttons with a flat back, because of the flat back you can glue, stick, put them anywhere. And it just looks like a coin too.

Which one? Cant decide. Sorry for bad quality, only had low-ress images.

[takkaros]

 

[mr_random]

Blackcoin holding very nicely indeed amid all the chaos with bitcoin in china.

Ps. if anyone tries to shill faircoin in here remember that faircoin was 100% pre-mined by the developer and the distribution process was him just giving them out to people (ie he could have any amount of them. Unlike Blackcoin which used proof of work to fairly distribute the coins).

[Apocalipsis]

When I try to compile BlackCoin-qt,
I get this message

Code:

.../ld.exe can not find -lboost_thread_win32-mgw46-mt-1_54

How can  I solve it?
Can anybody help me?

Guys?

[Degolep]

Im making some buttons with a flat back, because of the flat back you can glue, stick, put them anywhere. And it just looks like a coin too.

Which one? Cant decide. Sorry for bad quality, only had low-ress images.

No.1 is black and you cant go back :-)

[noerc]

When I try to compile BlackCoin-qt,
I get this message

Code:

.../ld.exe can not find -lboost_thread_win32-mgw46-mt-1_54

How can  I solve it?
Can anybody help me?

Guys?

Try installing this: http://sourceforge.net/projects/boost/files/boost-binaries/1.55.0/

[zuepfi11]

Im making some buttons with a flat back, because of the flat back you can glue, stick, put them anywhere. And it just looks like a coin too.

Which one? Cant decide. Sorry for bad quality, only had low-ress images.

no.1

[Malcolm Magneto X]

Im making some buttons with a flat back, because of the flat back you can glue, stick, put them anywhere. And it just looks like a coin too.

Which one? Cant decide. Sorry for bad quality, only had low-ress images.

http://i57.tinypic.com/97mdex.jpg

no.1

I agree. No.1...
the left foto

[Chopes]

shitcoins dropping like flies, Blackcoin stays same price. Come on people, when will you learn?!

Hope blackcoin can be sustained and stable

 

[Chopes]

The problem with MINT is the 20% PoS gives large holders an incentive to dump the 'free' coins, substantially increasing the selling pressure on the price. The opposite of what BC's low inflation and combined mining pool does.

Hope to solve the problem of mint
Prices have gone up to the moon

[Chopes]

Hello,

Just passing by  to show my support.

RAT4, SOEPKIP, ICONICEXPERT and all the others thank you for your efforts

Keep up doing the good work and don't worry about the 10k

BLACKCOIN WILL PROSPER

Slim

Hello

Hope blackcoins continue to flourish
Tomorrow is beautiful

[Finansist]

Blackcoin holding very nicely indeed amid all the chaos with bitcoin in china.

Ps. if anyone tries to shill faircoin in here remember that faircoin was 100% pre-mined by the developer and the distribution process was him just giving them out to people (ie he could have any amount of them. Unlike Blackcoin which used proof of work to fairly distribute the coins).

Hope to continue stable Black Coin
This has nothing to do Chinese
The community is great
 

[Finansist]

the market is not being "artificially held up". if the orders are there, and they get hit.. it means people are willing to invest at that price.. that is the main definition of a free market. nothing artificial about it.. and even if it was, every single high volume crypto has whales who try to control levels at times.. stocks as well. this is an exchange, with different people with various amounts of money to invest. this is how it works. you are just seeing a bit more transparency here than you are used to.

I agree with you
I hope we can make friends with you
Exchange

[Finansist]

Can someone add us to the list to be added - https://www.coinpayments.net/coinreq I started to but don't know the answers to questions like average block time/recommended number of confirms etc.

 Blackcoin is already accepted through coinpayments. I think there's only one shop accepting on their list atm, but it's only been a couple days.
 Might be good to follow up with a few of the shops on the list, and suggest they add bc as a payment option.  I'm going to start with Frontier Vapor, just got a juice order from them, and they only accept doge and btc right now.

I hope that one day they can also accept Black Coin
Hope I don't let us wait too long

 

[CoinCartel]

This is what it would look like if Betty White had a Blackcoin Wallet Card.
Just sayin'.

[Finansist]

Blackcoin really does look like it is going places. I think the next step is to get places starting to accept it. Do we have any shops currently accepting them?

Of course, come and join us



The blackcoin would be a good choice for you