[ANN] BlackCoin (BC/BLK) | PoS | BlackHalo | Smart Contracts | Anonymous

[dgmon]

Looks like BC is alive agian!!Good job dev!May i ask is there any Chinese QQ group?

Chinese QQ group: 295980067

[1714485009]

1714485009

[1714485009]

1714485009

[Jherek]

What is so great about BC? And why are the Chinese getting behind this coin? 

You are a little bit lazy. Here you have an answer from our reddit by btclaw http://www.reddit.com/r/blackcoin/comments/2eyyi1/what_makes_blackcoin_or_any_altcoin_better_or/




Speed. Bitcoin is slow, taking at least 10 minutes per block and sometimes, much, much longer. Blackcoin has blocks in less than a minute. Blackcoins speed makes it more practical to use and preferred for applications like BlackHalo.
Proof of Stake. Bitcoin is difficult to mine. More and more computing power goes to mine it, causing a high cost of mining and high carbon footprint. Blackcoin is Proof of Stake and not "mined". You will earn 1% annual interest by staking Blackcoin, which also helps secure its network. That also makes Blackcoin a good altcoin "savings bond".
Security. Bitcoin is vulnerable to attacks by those who control 51% of the mining power. This potential is already possible due to mining pools. Blackcoin is not susceptible to this attack because it is not mined. Proof of Stake 2.0 is far more secure, requiring someone with 51% of the coins to make a similar attack, and coin age issues addressed by Proof of Stake 2.0 dilute the effectiveness of such an attack as well. I like asdffsdf's points on how that someone who purchased 51% of the existing Blackcoins has far less incentive to ruin the network.
Other Issues. I enjoy Blackcoin's community and active developers. Blackwave Labs, for example, created BlackBit, an open source and improved version of VeriBit that allows Blackcoin to be used where Bitcoin is used. I'm looking forward to BlackHalo and using my bc to use for the required escrows (thanks dzimbeck!). I also use Coinkite, the first major exchange/point of sale service that picked up Blackcoin. Blackcoin was the first coin to use the multipool concept for mining other coins and paying the miners in Blackcoin, creating constant buy pressure.
I don't see Bitcoin being able to fix its major flaws. I see Blackcoin as Bitcoin 2.0.

We could need more info-memes explaining this to the lazy, short attention guys. Unfortunately I am no graphics designer.

[dgmon]

What is so great about BC? And why are the Chinese getting behind this coin? 

You are a little bit lazy. Here you have an answer from our reddit by btclaw http://www.reddit.com/r/blackcoin/comments/2eyyi1/what_makes_blackcoin_or_any_altcoin_better_or/

Speed. Bitcoin is slow, taking at least 10 minutes per block and sometimes, much, much longer. Blackcoin has blocks in less than a minute. Blackcoins speed makes it more practical to use and preferred for applications like BlackHalo.
Proof of Stake. Bitcoin is difficult to mine. More and more computing power goes to mine it, causing a high cost of mining and high carbon footprint. Blackcoin is Proof of Stake and not "mined". You will earn 1% annual interest by staking Blackcoin, which also helps secure its network. That also makes Blackcoin a good altcoin "savings bond".
Security. Bitcoin is vulnerable to attacks by those who control 51% of the mining power. This potential is already possible due to mining pools. Blackcoin is not susceptible to this attack because it is not mined. Proof of Stake 2.0 is far more secure, requiring someone with 51% of the coins to make a similar attack, and coin age issues addressed by Proof of Stake 2.0 dilute the effectiveness of such an attack as well. I like asdffsdf's points on how that someone who purchased 51% of the existing Blackcoins has far less incentive to ruin the network.
Other Issues. I enjoy Blackcoin's community and active developers. Blackwave Labs, for example, created BlackBit, an open source and improved version of VeriBit that allows Blackcoin to be used where Bitcoin is used. I'm looking forward to BlackHalo and using my bc to use for the required escrows (thanks dzimbeck!). I also use Coinkite, the first major exchange/point of sale service that picked up Blackcoin. Blackcoin was the first coin to use the multipool concept for mining other coins and paying the miners in Blackcoin, creating constant buy pressure.
I don't see Bitcoin being able to fix its major flaws. I see Blackcoin as Bitcoin 2.0.

We could need more info-memes explaining this to the lazy, short attention guys. Unfortunately I am no graphics designer.

You are right; we need a nice infographic about this.

Also worth noting:
- PeerCoin is kind of slow too (blocktime).  And it's not pure PoS apparently?
- The PoW used by Bitcoin, Litecoin, Dogecoin, and perhaps Peercoin, is pretty wasteful.  The mathematical puzzles that miners solve are just for the purposes of 'racing' to get the next Bitcoin (or whatever).  But the 'waste' is necessary in PoW, because otherwise people would just make thousands of agents to say "I'm here, give me a coin."

[illodin]

Could someone post MD5 hash of the windows 1.1.1 wallet?

[Razkin]

e5e3eedd63dccee518d99dc9b3786640

[Jherek]

What is so great about BC? And why are the Chinese getting behind this coin?  

You are a little bit lazy. Here you have an answer from our reddit by btclaw http://www.reddit.com/r/blackcoin/comments/2eyyi1/what_makes_blackcoin_or_any_altcoin_better_or/

Speed. Bitcoin is slow, taking at least 10 minutes per block and sometimes, much, much longer. Blackcoin has blocks in less than a minute. Blackcoins speed makes it more practical to use and preferred for applications like BlackHalo.
Proof of Stake. Bitcoin is difficult to mine. More and more computing power goes to mine it, causing a high cost of mining and high carbon footprint. Blackcoin is Proof of Stake and not "mined". You will earn 1% annual interest by staking Blackcoin, which also helps secure its network. That also makes Blackcoin a good altcoin "savings bond".
Security. Bitcoin is vulnerable to attacks by those who control 51% of the mining power. This potential is already possible due to mining pools. Blackcoin is not susceptible to this attack because it is not mined. Proof of Stake 2.0 is far more secure, requiring someone with 51% of the coins to make a similar attack, and coin age issues addressed by Proof of Stake 2.0 dilute the effectiveness of such an attack as well. I like asdffsdf's points on how that someone who purchased 51% of the existing Blackcoins has far less incentive to ruin the network.
Other Issues. I enjoy Blackcoin's community and active developers. Blackwave Labs, for example, created BlackBit, an open source and improved version of VeriBit that allows Blackcoin to be used where Bitcoin is used. I'm looking forward to BlackHalo and using my bc to use for the required escrows (thanks dzimbeck!). I also use Coinkite, the first major exchange/point of sale service that picked up Blackcoin. Blackcoin was the first coin to use the multipool concept for mining other coins and paying the miners in Blackcoin, creating constant buy pressure.
I don't see Bitcoin being able to fix its major flaws. I see Blackcoin as Bitcoin 2.0.

We could need more info-memes explaining this to the lazy, short attention guys. Unfortunately I am no graphics designer.

You are right; we need a nice infographic about this.

Also worth noting:
- PeerCoin is kind of slow too (blocktime).  And it's not pure PoS apparently?
- The PoW used by Bitcoin, Litecoin, Dogecoin, and perhaps Peercoin, is pretty wasteful.  The mathematical puzzles that miners solve are just for the purposes of 'racing' to get the next Bitcoin (or whatever).  But the 'waste' is necessary in PoW, because otherwise people would just make thousands of agents to say "I'm here, give me a coin."

In fact the PoW is necessary in PoW to complete transactions with creating continous blocks. PoS does that with minting instead of mining and hence needs less power and basically nothing more than a few wallets online somewhere in the world. The positive site effects is the included inflation thats considered to be healthy in fiat currencies too.

[illodin]

e5e3eedd63dccee518d99dc9b3786640

Thanks. This new 1.1.1 version still crashes when I try to export the transactions to .csv.

[Razkin]

I also tried to export the transactions and it crashes for me too. I made a post about it on blkfeed. What windows version are you running?

[tokyopotato]

Glad to see Blackcoin price is up! 

Let's make Blackcoin the Bitcoin 2.0

https://twitter.com/CCNProject/status/511152290116296704

https://twitter.com/CoinBlack/status/510803172869541888

[illodin]

I also tried to export the transactions and it crashes for me too. I made a post about it on blkfeed. What windows version are you running?

English version of Win 7 64bit. I also tried different regional settings so that's not the cause of the crash.

[randywald]

Devs: Can you integrate 2FA in wallet? In the last weeks i heard about several cases of wallet stealer and i could investigate that it's very easy to code that sh*t (if you remember, it was the infected sgminer on sgminerwindows.com which was also linked at blackcoinpool.com). This compared with keylogger when i type in my password for staking would be able to steal all coins.

I was not infected because i have no wallets on my mining rig but i created new wallets for all of my coins! I know that i'm responsible myself for computer security, but have you some plan to improve the encryption function? Thank you! :-)

[maarx]

Devs: Can you integrate 2FA in wallet? In the last weeks i heard about several cases of wallet stealer and i could investigate that it's very easy to code that sh*t (if you remember, it was the infected sgminer on sgminerwindows.com which was also linked at blackcoinpool.com). This compared with keylogger when i type in my password for staking would be able to steal all coins.

I was not infected because i have no wallets on my mining rig but i created new wallets for all of my coins! I know that i'm responsible myself for computer security, but have you some plan to improve the encryption function? Thank you! :-)

2fa requires a server that sends the authentication keys.. thats not in the scope of the wallet so as far as the source that rat4 is working on, this won't happen. You could pay some developers to make a 3rd party wallet that uses this server type approach. I would prefer not using it though (even though I like the idea of 2fa).

[randywald]

Thank you maarx, i understand that this would require 3rd party software and would also interfere the intention of decentralization. Now i decided to encrypt and secure everything as good as i can and to set up a dedicated computer for wallets only .

[maarx]

Thank you maarx, i understand that this would require 3rd party software and would also interfere the intention of decentralization. Now i decided to encrypt and secure everything as good as i can and to set up a dedicated computer for wallets only .

Sounds like a good idea.. I wish it was easier.. I haven't found a good way to secure my coins yet lol.. I dont even encrypt my wallet (not so convenient) xD

[randywald]

Thank you maarx, i understand that this would require 3rd party software and would also interfere the intention of decentralization. Now i decided to encrypt and secure everything as good as i can and to set up a dedicated computer for wallets only .

Sounds like a good idea.. I wish it was easier.. I haven't found a good way to secure my coins yet lol.. I dont even encrypt my wallet (not so convenient) xD

Then be sure you don't start any software that steals your coins like this:
https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FfpE5vbc.png&t=544&c=c1IKP_O7pQmXrQ

I never was afraid of my coins until i saw how easy they could be stolen.

[Kikyca]

Glad to see Blackcoin price is up! 

Let's make Blackcoin the Bitcoin 2.0

https://twitter.com/CCNProject/status/511152290116296704

https://twitter.com/CoinBlack/status/510803172869541888

Reetweeted like BC

[andreydariy]

dump your coins soon price is below 0.0001

[sizal]

Please help me,l send my blackcoins from coin-swap to bittrex and my coins did not come!

[sillybear]

Please help me,l send my blackcoins from coin-swap to bittrex and my coins did not come!

you need to contact the exchanges. check the block explorer. If the coin is there, then it is bittrex fault; if it is not, then it is coin-swap's problem

[vivalite]

Devs: Can you integrate 2FA in wallet? In the last weeks i heard about several cases of wallet stealer and i could investigate that it's very easy to code that sh*t (if you remember, it was the infected sgminer on sgminerwindows.com which was also linked at blackcoinpool.com). This compared with keylogger when i type in my password for staking would be able to steal all coins.

I was not infected because i have no wallets on my mining rig but i created new wallets for all of my coins! I know that i'm responsible myself for computer security, but have you some plan to improve the encryption function? Thank you! :-)

2fa requires a server that sends the authentication keys.. thats not in the scope of the wallet so as far as the source that rat4 is working on, this won't happen. You could pay some developers to make a 3rd party wallet that uses this server type approach. I would prefer not using it though (even though I like the idea of 2fa).

Hi maarx. I think it can be done and end the keylogger madness... see your msg;)