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

[brammien]

So looking at exchanges for awhile, you can see a lot of the same money (whales) moving from coins to coin. Is no surprise to us in cryptos that are not new, but even most the hype is just whales going from coin to coin. Sure we find some sort of value trading, but overall being unregulated and watching the walls going up it's no surprise that coins only move when whales want them to. We can see on mintpal for sure, the $$$ has left BC volume, into other lower priced POS coins that are junk, but hot right now cause of they all the talk.

This is where we need new blood in this, and iconic's idea is a great one. All cryptos seem to be having this issue. Our focus should be like someone pointed out here talking about JOBS movie, how steve jobs showed people how they needed to get an apple PC, and how it can be in everyones home, well same with cryptos. People don't see a need for it that know about it, or if they do, not easy to use for most. The user friendly aspect like DOS operating system is still in play, we need a Windows platform for people, or reach them with ease.

There are billions of people out there, and this small small community of cryptos fights for a small piece of pie here, when in reality the sky is the limit. There are billions upon billions out there, we just need to show people why cryptos are better and marketing to ease of use.

I'm not sure exactly what would work, but creating buzz really seems to be first. Iconic blackcoin card is also something with ease of use. These are things are I see no other community doing.

Iconic is right, price can and should be able to hit what he says, cause he's thinking outside the box and community. If we are trying to take the money invested away from BTC to be #1 that will be a hard battle, but if we move outside our comfort zone, get marketing to people that could be interested in cryptos but have hard time figuring out how to purchase, or get some. We need to make it easy, easy as going to amazon and ordering a book or movie, and payment as easy as credit card/debit card transactions.

Well, I think we are making a lot of smart moves, and things are moving ahead.

One very important thing as a community we need not do, is look at the prices on exchanges in which the whales decide is fair value, and start looking outside community for expansion. Checking prices based on what % of the $$$ moves out of BTC for the week into what coin for trading is just disappointing. It's important, having volume, less posts about prices and more about building is what will make us win the #1 spot. I believe this, and agree with Iconic, we can make this a very wealthy coin to hold.

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[virtualfaqs]

Iconic is right, price can and should be able to hit what he says, cause he's thinking outside the box and community. If we are trying to take the money invested away from BTC to be #1 that will be a hard battle, but if we move outside our comfort zone, get marketing to people that could be interested in cryptos but have hard time figuring out how to purchase, or get some. We need to make it easy, easy as going to amazon and ordering a book or movie, and payment as easy as credit card/debit card transactions.

Purchasing altcoins will never be easy as going online with a credit card. It's the nature of cryptocurrency. Easy methods put the seller at major risk of fraud. AML and KYC laws also make it difficult to deposit and withdraw.

[fayoling]

Does anybody know the HTML notation for the gold on the outside of the blackcoin logo??? I cant get it right 

I believe the Hex code "ffd46b"

[dzimbeck]

i think its funny that people are trying to supress the price of BC... the volume drop will not last once the competition starts on friday for the knc miner... ac and wc clones will get dumped like a cheap whore and people will realize they made a mistake

[dzimbeck]

Iconic is right, price can and should be able to hit what he says, cause he's thinking outside the box and community. If we are trying to take the money invested away from BTC to be #1 that will be a hard battle, but if we move outside our comfort zone, get marketing to people that could be interested in cryptos but have hard time figuring out how to purchase, or get some. We need to make it easy, easy as going to amazon and ordering a book or movie, and payment as easy as credit card/debit card transactions.

Purchasing altcoins will never be easy as going online with a credit card. It's the nature of cryptocurrency. Easy methods put the seller at major risk of fraud. AML and KYC laws also make it difficult to deposit and withdraw.

I had to respond to this. I am developing a program that will eliminate fraud between two untrusted parties. It was supposed to be out this week but i was writing whitepaper. So yeah... buying online will become a thing of the past. Soon bc will be bought with cash using untrusted parties.

Its a very exciting project so happy about it i could seriously jump

[virtualfaqs]

Iconic is right, price can and should be able to hit what he says, cause he's thinking outside the box and community. If we are trying to take the money invested away from BTC to be #1 that will be a hard battle, but if we move outside our comfort zone, get marketing to people that could be interested in cryptos but have hard time figuring out how to purchase, or get some. We need to make it easy, easy as going to amazon and ordering a book or movie, and payment as easy as credit card/debit card transactions.

Purchasing altcoins will never be easy as going online with a credit card. It's the nature of cryptocurrency. Easy methods put the seller at major risk of fraud. AML and KYC laws also make it difficult to deposit and withdraw.

I had to respond to this. I am developing a program that will eliminate fraud between two untrusted parties. It was supposed to be out this week but i was writing whitepaper. So yeah... buying online will become a thing of the past. Soon bc will be bought with cash using untrusted parties.

Its a very exciting project so happy about it i could seriously jump

Elaborate! What solution do you have that millions of people have failed to come up with?

[Kalizar]

Blackcoins checkpoint system was removed and nobody noticed? LMAO

[reeko400]

BLzgAhJDqMs9VpmswisE2th4JwmTWVapz6

We need android wallet. 2000 bc and I will make.

[Daedelus]

Blackcoins checkpoint system was removed and nobody noticed? LMAO

Try again troll, not enough prople here will know what the implications are 

[dzimbeck]

Iconic is right, price can and should be able to hit what he says, cause he's thinking outside the box and community. If we are trying to take the money invested away from BTC to be #1 that will be a hard battle, but if we move outside our comfort zone, get marketing to people that could be interested in cryptos but have hard time figuring out how to purchase, or get some. We need to make it easy, easy as going to amazon and ordering a book or movie, and payment as easy as credit card/debit card transactions.

Purchasing altcoins will never be easy as going online with a credit card. It's the nature of cryptocurrency. Easy methods put the seller at major risk of fraud. AML and KYC laws also make it difficult to deposit and withdraw.

I had to respond to this. I am developing a program that will eliminate fraud between two untrusted parties. It was supposed to be out this week but i was writing whitepaper. So yeah... buying online will become a thing of the past. Soon bc will be bought with cash using untrusted parties.

Its a very exciting project so happy about it i could seriously jump

Elaborate! What solution do you have that millions of people have failed to come up with?

well its actually very simple. Its a protocol of exchanging raw tx data. Malleability is not a problem in my protocol I could explain it if you want to see the whitepaper i can send it. The announcement is a suprise. I have mentioned it multiple times in this thread. Just making everything nice with all the bells and whistles.

[dzimbeck]

in reply to the person trolling the stake photo, centralized checkpointing is not really needed at this time anyway. How would somebody be able to stake 51% if you look at the distributing nobody even has .5% of the coins. Its completely impossible.

[jackfruit]

BLzgAhJDqMs9VpmswisE2th4JwmTWVapz6

We need android wallet. 2000 bc and I will make.

Your trust rating says that you should not be trusted.

[KingSchultz]

PoS is safer than it appears if you're just arguing that 'most people won't stake'. Yeah, you're right. Most average people won't. But I fucking guarantee nearly ALL the top holders stake. It's not about how many people stake, it's about the amount of coins staking...

[Kalizar]

Blackcoins checkpoint system was removed and nobody noticed? LMAO

Try again troll, not enough prople here will know what the implications are 

Haha, not my fault if everyone can't fathom the insecurities of PoS.

[dzimbeck]

Blackcoins checkpoint system was removed and nobody noticed? LMAO

Try again troll, not enough prople here will know what the implications are 

Haha, not my fault if everyone can't fathom the insecurities of PoS.

Hmm all it takes is about 3 of the top holders to stake and your point is totally fail. Go troll AC or WC fool.

[stormia]

in reply to the person trolling the stake photo, centralized checkpointing is not really needed at this time anyway. How would somebody be able to stake 51% if you look at the distributing nobody even has .5% of the coins. Its completely impossible.

Not trolling- all my favorite coins are PoS and this applies to all of them- but in a PoS system you aren't simply staking your coins you are staking coin-days: a function of the number of coins and their age. So you don't need 51% of the coins, you only need 51% of the coins-days that are being actively staked (you need 51% of the network weight).

Edit: Just realized Blackcoin has no max coinage.. Is that a concern? Particularly with the low PoS incentive?

[Daedelus]

in reply to the person trolling the stake photo, centralized checkpointing is not really needed at this time anyway. How would somebody be able to stake 51% if you look at the distributing nobody even has .5% of the coins. Its completely impossible.

Don't the top 3-4 accounts have 3million (4% ish) each? Someone has a link showing the top 100 accounts.

Anyway, do you know when your trustless escrows will be released for beta? It would be worth a look

[STT]

It sounds like the greatest threat would be from exchanges, best to have blackcoin listed as many places as possible so its never centralised too much.   Its not like bitcoin is impervious, if a few pool owners colluded they also could gain 51% of a network, to me this seems more probable and requiring less people to implement a raid

[ReRunRod]

in reply to the person trolling the stake photo, centralized checkpointing is not really needed at this time anyway. How would somebody be able to stake 51% if you look at the distributing nobody even has .5% of the coins. Its completely impossible.

Don't the top 3-4 accounts have 3million (4% ish) each? Someone has a link showing the top 100 accounts.

Anyway, do you know when your trustless escrows will be released for beta? It would be worth a look

LOL

Good Point!

I wonder what CoCo Puffs he smokin on?

[Daedelus]

Blackcoins checkpoint system was removed and nobody noticed? LMAO

Try again troll, not enough prople here will know what the implications are 

Haha, not my fault if everyone can't fathom the insecurities of PoS.

Hmm all it takes is about 3 of the top holders to stake and your point is totally fail. Go troll AC or WC fool.

How can this be true when you just said nobody has more than 0.5% of the coins?