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

[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?  

[Wulfcastle]

Wall Street Takeover Update


Instead of replying to multiple comments, I decided to address some concerns in one post.

Why are we using women? It seems trashy and gives BlackCoin a bad image.

Lets face it sex sells and almost every brand uses sex to sell. Women all dressed alike will garner the attention of everyone and that is what we want. The women will be dressed in black BlackCoin T-Shirts and black jeans or leggings. They will not be dressed trashy, nor will anything inappropriate be exposed. It will be tasteful and the women we hire will have a certain professionalism. No matter if you agree with using women or not, men love to see attractive women. And men will stop and talk, interact with the women, and of course take pictures. By the end of the day BlackCoin Beauty pics and videos will be all over the net.

Why not move this to Times Square?
Been there, done that. My favorite place to have a drink is the Living Room Bar @ The W Hotel Times Square. I am a regular there and as many of you know that area is flooded with people. There is something going on there almost everyday. The problem is 50 women in Times Square will not garner the same attention as Wall Street. Also, as I pointed out we want the backdrop of Wall Street in our photos and videos. We want to associate BlackCoin with wealth. If we really wanted attention we could also give away $5000 worth of BlackCoins to some random person.

This is a waste of money, why are we doing this?
You have to spend money to make money. Yes we could place an ad in a magazine or a newspaper, and yes we could send out dozens of press releases. But this is something that will create instant buzz and give BC notoriety. It shows that this community can think out the box and we are not just another alt coins. It sends a message to the crypto community BlackCoin is on another level.

Will the women be able to explain BlackCoin?
This is not a "lets educate Wall Street about BlackCoin" campaign. We could care less if the women will be effective at explaining the mechanics of BlackCoin. Lets be honest, half the people who are invested in BlackCoin could not effectively explain the mechanics of BlackCoin. That is why the women will have sell sheets and the cards. People who receive the sell sheets and cards will eventually do their own research when they are winding down and near a computer. The purpose of this event is to attract the attention of the media, and using the images/videos to go viral.

How do we know you can pull this off?
It has already been pointed out I have a huge ego. So my ego will not allow me to do anything less than a successful event. At the end of the day I want this to be perfect because it increases the value of my portfolio as well.

What if it is successful but we do not get the media attention we wanted?
We tried and that is all that matters. We can keep doing the same thing everyone else has been doing, or we can continue setting the bar higher. To be successful you have to take risks. If you are not willing to take risks then crypto is not for you.

We have a chance here to make history. If another coin copies us, we will still be the first to have done it. I say lets go make rypto history!!!


Below is the donation addresses (Please make sure you use the addresses from this original post or my signature only. Previously scammers have attempted to replace donation addresses with their own addresses when replying to the post.


Donation addresses:

BC: BQQsUdYaqCGUDhdXPADto1gKwvEA2a92TP
BTC: 12jhNVMj5kk7akem2wxDwnpQvGdro3NzJ4
LTC: LT4hiypMuPLYQT2gu3gdMjvAMqhC1w12yJ
DOGE: DRJnZVTP64phDfdoWu5VnKUUSM7p8Tf4MT

Hi all

I've just opened a web and logo design service here on Bitcointalk : https://bitcointalk.org/index.php?topic=590322.0 and I'm allowing people to pay in BlackCoin.

My rates are :
700 BC for a Logo
2200 BC for a Website

Here's a quick graphic I did for IconicExpert's Wall Street Takeover (If you search through this thread you'll find a couple more that I've done)

[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.

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.

Or the 3 top holders to go rogue. They each have around 4% of the staked coins. You are pretty much laying in the balance of the top holders to not screw everyone over.

The whole concept of cryptocoins is to not rely on the rich, but the masses.

[r0ach]

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

WC original dev was dumped and replaced with new people.  The coin is now being taken in a much different direction than Blackcoin.

https://bitcointalk.org/index.php?topic=589857.0

I read that Blackcoin just dropped checkpoints, when did this happen?

Whitecoin is going to implement decentralized checkpoints, which can then be leveraged for pruning.

Someone told me about BC checkpoints here:  https://bitcointalk.org/index.php?topic=560012.msg6484107#msg6484107

and this was my reply:

Oh, that's interesting.  I just looked at their thread and it appears to have happened very recently, within the last 24 hours or something?

I still believe checkpoints are very useful and needed, just in decentralized format.  It's a good security feature to prevent massive rollback and is also a logical pathway to pruning.

[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.

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?

I raised this about POS coins that use coinage to decide block creation a few days ago but was asked to remain silent. Then they spammed thr thread with long graphics posts to bury it

So good luck with that discussion!