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Author Topic: [ANN][BLKC][POS][MN][DAO] BlackHat Coin | Privacy focused and community-driven  (Read 249 times)
Alex BlackHatCoin
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March 29, 2021, 11:28:14 AM
Last edit: July 23, 2021, 06:04:06 AM by Alex BlackHatCoin
 #1

https://i.ibb.co/XtZt5GC/logo200.png

You can find all the updates in our Telegram pinned messages, Twitter, Discord, Medium.

UPDATE 23rd of Jul 2021
- Web wallet has been released
- Mandatory network update is performed and Cold Staking feature has been activated in the network
- Mobile wallet is in active development
- Searching for new exchanges

UPDATE 22nd of May 2021
- Website is finalized (early May). Our Road Map will be updating there.
- Listings: VinDAX, DexTrade, Crex24 exchanges
- Web wallet will be announced next week


ANNOUNCEMENT 1st of April 2021
BlackHat Coin Fair is open! Welcome! 💥💥💥
https://fair.blackhatco.in/

Here you can take part in the pre-sale and get some bonus coins for free by participating in the referral program.
Also, every week until the end of the Coin Fair, there will be additional challanges in which you can get more bonuses!
Follow the news and our social medias! 🚀

Here's the first one challenge!
10 random lucky ones who retweets this tweet will get +100 coins bonus.
https://twitter.com/blkcoin/status/1377492554845990913


INTRODUCTION
BlackHat Coin is a community-driven self-funded decentralized blockchain focused on privacy which implemented on zk-SNARK Sapling protocol by Electric Coin Company (privacy layer used in ZCash).
We are care about ecology, so BlackHat Coin doesn't require any mining equipment and huge amounts of energy and Based on POS consensus. Each person who staking coins makes the network even more strengthful.

OUR AIMs are:
- to provide instant and secure transactions all over the world;
- mass adoption: we will do our best not to be just a trading asset, but also a payment method in any store willing accept payments in secure way;
- to make crypto easy for anyone. You don't have to have any mining equipment, just your computer, laptop or even Raspberry Pi;
- to build strong decentralized self-govenred community;

BENEFITS
- Energy saving mining (POS)
- High privacy level (zk-SNARK)
- Low fees
- Governance / DAO
- Community driven

FEATURES

- Secure anonymous payments.
The privacy layer of BlackHat coin implemented on zk-SNARK technology (from ZCash) which provides fast and anonymous untraceable payments.

- ProofOfStake - Staking.
Keeping your wallet switched on and holding coins in it you not just receive rewards but also strengthen the network.

- Cold Staking
Like usual staking but with some features.
You can delegate your coins for staking to another wallet which is switched on 24/7 (hot wallet). Hot wallet stakes delegated coins on your behalf but have no access to them. The rewards go directly to your wallet. All coins remain under your full control in your wallet. Your wallet could be switched off keeping your private keys and coins safe while hot wallet stakes coins for you.
It's possible to delegate coins from different multiple wallets to one hot wallet for cold staking.

- Masternodes
Masternodes is the second layer of network security which provices additional blocks and transaction validations.
Starting your own masternode you're also strengthen the network and receiving rewards.
Anyone who started masternode can participate in Decentralized Governance voting for the proposals to determine if the proposal should be funded. This voting is decentralized and anonymous, since the owners and their masternodes are located in different parts of the world (see below at 5.).

- Decentralized Governance
Decentralized Governance is the system of proposals which is submitted to the blockchain network to be voted by masternodes, to  to determine if the proposal should be funded.
Each started masternode has an capability to vote for each proposal (a vote per masternode for each active proposal) thereby setting the vector of network development. Therefore, only community-validated initiatives will be funded.

- BlackHat Community Treasury
A % of block value will be potentially allocated for the Community Treasury to fund an implementation of proposals that received sufficient % of Yes votes. This funds will be generated at each superblock (approx. each month).
Note: The budget will not be allocated each month in full. Only valid proposals will be funded and only required amount of coins will be generated.

OUR PRE-LAUNCH ROADMAP (the most basic points, will be adjusted during the development)

2021-04-01 Our "Coin Fair" and "Bounty bonus program" will be started! Anyone can participate in coins pre-sale and even get some coins for free by inviting new people thereby expanding our community.
Join our Telegram, Discord and follow Twitter for further news.
Pre-sale and Bounty program will be finished in one month (approx. 2021-05-01).

2021-05-01 Wallet release (Windows, Linux, Mac) and start the BlackHat Coin blockchain. Everyone participated in pre-sale and bonus programs could claim their coins to their wallets.

Q2 2021 Finalize our website.

Q2-Q3 2021 Web wallet release (also, fully anonymized in Tor network)

Q3-Q4 2021 Exchanges listing

Q4-2021 - Qn 2022 to be planned
More detailed roadmap will be published on our website after the completion of its development.

COIN SPECS
Consensus: PoS (Hot & Cold PoS)
Total supply: 21m (premine 1m, which is approx. less than 5%)
Block Time: ~1 minute
Block Size: Max 2MB
Transactions per second: 173 TPS (theoretical maximum)
Master Node Collateral: 5000 BLKC

BLOCK REWARDS
20 BLKC (40% PoS / 60% MN) + (potentially 0.5 BLKC for Community Treasury, see Features 6.)
Block reward will be decreased every 3 months by 20% (about ~50% yearly). Minimal block reward 2 BLKC (approx. In ~ 4 years)

OFFICIAL LINKS
Website: https://blackhatco.in
Twitter: https://twitter.com/blkcoin
Telegram: https://t.me/BlackHatCoin
Discord: https://blackhatco.in/discord
Medium: https://medium.com/@BlackHatCoin

COMPARISON
https://i.ibb.co/tZBGj8c/Black-Hat-Coin-Main-features-comparison.jpg
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March 29, 2021, 03:09:28 PM
 #2



INTRODUCTION
BlackHat Coin is a community-driven self-funded decentralized blockchain focused on privacy which implemented on zk-SNARK Sapling protocol by Electric Coin Company (privacy layer used in ZCash).
We are care about ecology, so BlackHat Coin doesn't require any mining equipment and huge amounts of energy and Based on POS consensus. Each person who staking coins makes the network even more strengthful.

OUR AIMs are:
- to provide instant and secure transactions all over the world;
- mass adoption: we will do our best not to be just a trading asset, but also a payment method in any store willing accept payments in secure way;
- to make crypto easy for anyone. You don't have to have any mining equipment, just your computer, laptop or even Raspberry Pi;
- to build strong decentralized self-govenred community;

BENEFITS
- Energy saving mining (POS)
- High privacy level (zk-SNARK)
- Low fees
- Governance / DAO
- Community driven

FEATURES

- Secure anonymous payments.
The privacy layer of BlackHat coin implemented on zk-SNARK technology (from ZCash) which provides fast and anonymous untraceable payments.

- ProofOfStake - Staking.
Keeping your wallet switched on and holding coins in it you not just receive rewards but also strengthen the network.

- Cold Staking
Like usual staking but with some features.
You can delegate your coins for staking to another wallet which is switched on 24/7 (hot wallet). Hot wallet stakes delegated coins on your behalf but have no access to them. The rewards go directly to your wallet. All coins remain under your full control in your wallet. Your wallet could be switched off keeping your private keys and coins safe while hot wallet stakes coins for you.
It's possible to delegate coins from different multiple wallets to one hot wallet for cold staking.

- Masternodes
Masternodes is the second layer of network security which provices additional blocks and transaction validations.
Starting your own masternode you're also strengthen the network and receiving rewards.
Anyone who started masternode can participate in Decentralized Governance voting for the proposals to determine if the proposal should be funded. This voting is decentralized and anonymous, since the owners and their masternodes are located in different parts of the world (see below at 5.).

- Decentralized Governance
Decentralized Governance is the system of proposals which is submitted to the blockchain network to be voted by masternodes, to  to determine if the proposal should be funded.
Each started masternode has an capability to vote for each proposal (a vote per masternode for each active proposal) thereby setting the vector of network development. Therefore, only community-validated initiatives will be funded.

- BlackHat Community Treasury
A % of block value will be potentially allocated for the Community Treasury to fund an implementation of proposals that received sufficient % of Yes votes. This funds will be generated at each superblock (approx. each month).
Note: The budget will not be allocated each month in full. Only valid proposals will be funded and only required amount of coins will be generated.

OUR PRE-LAUNCH ROADMAP (the most basic points, will be adjusted during the development)

2021-04-01 Our "Coin Fair" and "Bounty bonus program" will be started! Anyone can participate in coins pre-sale and even get some coins for free by inviting new people thereby expanding our community.
Join our Telegram, Discord and follow Twitter for further news.
Pre-sale and Bounty program will be finished in one month (approx. 2021-05-01).

2021-05-01 Wallet release (Windows, Linux, Mac) and start the BlackHat Coin blockchain. Everyone participated in pre-sale and bonus programs could claim their coins to their wallets.

Q2 2021 Finalize our website.

Q2-Q3 2021 Web wallet release (also, fully anonymized in Tor network)

Q3-Q4 2021 Exchanges listing

Q4-2021 - Qn 2022 to be planned
More detailed roadmap will be published on our website after the completion of its development.

COIN SPECS
Consensus: PoS (Hot & Cold PoS)
Total supply: 21m (premine 2m, which is approx. 10%)
Block Time: ~1 minute
Block Size: Max 2MB
Transactions per second: 173 TPS (theoretical maximum)
Master Node Collateral: 10000 BLKC

BLOCK REWARDS
20 BLKC (40% PoS / 60% MN) + (potentially 0.5 BLKC for Community Treasury, see Features 6.)
Block reward will be decreased every 3 months by 20% (about ~50% yearly). Minimal block reward 2 BLKC (approx. In ~ 4 years)

OFFICIAL LINKS
Website: https://blackhatco.in
Twitter: https://twitter.com/blkcoin
Telegram: https://t.me/BlackHatCoin
Discord: https://discord.gg/9Q7MnqRG

COMPARISON

Discord: https://discord.gg/9Q7MnqRG - not working.

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Low Fees ✲ ✲ Truly Anonymous TransactionsJoin the discussion thread
Alex BlackHatCoin
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March 29, 2021, 03:39:17 PM
Last edit: March 30, 2021, 07:12:43 AM by Alex BlackHatCoin
 #3

Discord link is fixed
https://discord.gg/wGvzQVfhdR
TimeTeller
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March 29, 2021, 07:00:51 PM
 #4

Your comparison table is showing that you have better features than bitcoin.
But how many projects have tried to overpower btc in terms  of their offered features?
And yet, they can't even reach half the popularity of btc or even a quarter of its usage.
How are you going to explore the popularity of your coin?
Also, do you think people will choose a newly-created coin over bitcoin?

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Alex BlackHatCoin
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March 30, 2021, 05:31:51 AM
 #5

The comparison table is only for comparison which shows the differences and features.
We are not making another one Bitcoin as we going to work in privacy field.
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