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

[artiface]

Hey guys, I know this question was asked a million times, but how do I unlock my wallet for minting? It is not encrypted, so I don't have a passcode. Am I missing something? This is my first time holding a coin long enough to actually want to start minting.  Thanks in advance for the help  

If it's not locked you don't have to unlock it.  It will mint automatically.

And when will minting start/how will I know how many coins I have Minted?

Not sure when minting will start. I think it is supposed to start after block 5000, or maybe not until after all POW is done.  

You will see staked coins in the line in the wallet that says stake.  They will be held there (not available for transactions) until the stake is confirmed 520 blocks.  Then they will go back to your available balance.  You should see minted coins as a transaction the the ledger.

  

[rsx19]

how does pos work, is it one wallet that gets it every 8 hours?

[AltcoinAuthority]

Hey guys, I know this question was asked a million times, but how do I unlock my wallet for minting? It is not encrypted, so I don't have a passcode. Am I missing something? This is my first time holding a coin long enough to actually want to start minting.  Thanks in advance for the help  

If it's not locked you don't have to unlock it.  It will mint automatically.

And when will minting start/how will I know how many coins I have Minted?

Not sure when minting will start. I think it is supposed to start after block 5000, or maybe not until after all POW is done.  

You will see staked coins in the line in the wallet that says stake.  They will be held there (not available for transactions) until the stake is confirmed 520 blocks.  Then they will go back to your available balance.  You should see minted coins as a transaction the the ledger.

So they won't be spendable until 520 blocks after they are minted?

[splitting]

Hey guys, I know this question was asked a million times, but how do I unlock my wallet for minting? It is not encrypted, so I don't have a passcode. Am I missing something? This is my first time holding a coin long enough to actually want to start minting.  Thanks in advance for the help  

If it's not locked you don't have to unlock it.  It will mint automatically.

And when will minting start/how will I know how many coins I have Minted?

Not sure when minting will start. I think it is supposed to start after block 5000, or maybe not until after all POW is done.  

You will see staked coins in the line in the wallet that says stake.  They will be held there (not available for transactions) until the stake is confirmed 520 blocks.  Then they will go back to your available balance.  You should see minted coins as a transaction the the ledger.

  

Max height: 10000 (after this network will not accept PoW)

[artiface]

how does pos work, is it one wallet that gets it every 8 hours?

A POS block should be generated by the network every minute.   Your coins will try to stake after their age is over 8 hours.  If they do generate stake their age is reset to 0.

[TrollboxChamp]

how does pos work, is it one wallet that gets it every 8 hours?

I think every block

[rsx19]

how does pos work, is it one wallet that gets it every 8 hours?

A POS block should be generated by the network every minute.   Your coins will try to stake after their age is over 8 hours.  If they do generate stake their age is reset to 0.

dont know what staking is but mhhmk xD

[artiface]

Hey guys, I know this question was asked a million times, but how do I unlock my wallet for minting? It is not encrypted, so I don't have a passcode. Am I missing something? This is my first time holding a coin long enough to actually want to start minting.  Thanks in advance for the help  

If it's not locked you don't have to unlock it.  It will mint automatically.

And when will minting start/how will I know how many coins I have Minted?

Not sure when minting will start. I think it is supposed to start after block 5000, or maybe not until after all POW is done.  

You will see staked coins in the line in the wallet that says stake.  They will be held there (not available for transactions) until the stake is confirmed 520 blocks.  Then they will go back to your available balance.  You should see minted coins as a transaction the the ledger.

So they won't be spendable until 520 blocks after they are minted?

Just like mining rewards have to be confirmed before spending, so does stake.  Also stake will hold a portion of your balance, the coins that generated the stake also.   If you want keep coins spendable (and not let them stake)

from the console type

reservebalance <amount>  

will keep this amount in reserve so you can always have it available to spend.  those coins will not generate stake.

[artiface]

Hey guys, I know this question was asked a million times, but how do I unlock my wallet for minting? It is not encrypted, so I don't have a passcode. Am I missing something? This is my first time holding a coin long enough to actually want to start minting.  Thanks in advance for the help  

If it's not locked you don't have to unlock it.  It will mint automatically.

And when will minting start/how will I know how many coins I have Minted?

Not sure when minting will start. I think it is supposed to start after block 5000, or maybe not until after all POW is done.  

You will see staked coins in the line in the wallet that says stake.  They will be held there (not available for transactions) until the stake is confirmed 520 blocks.  Then they will go back to your available balance.  You should see minted coins as a transaction the the ledger.

  

Max height: 10000 (after this network will not accept PoW)

True, but the POS should start after block 5000.  


static const int MODIFIER_INTERVAL_SWITCH = 5000;

if (IsProofOfStake() && nHeight < MODIFIER_INTERVAL_SWITCH)
       return DoS(100, error("AcceptBlock() : reject proof-of-stake at height %d", nHeight));

this is preventing any stake before block 5000.  After that you just have to get lucky.

[iceray]

it's now in allcoin exchange..
https://www.allcoin.com/trade/bc_btc

[HammyCoin]

Looking to sell 10k for .2 btc. PM me if interested.

[hughjays77]

Is https://www.cryptoaltex.com/ a slow exchange?? I made a bitcoin deposit 1hr ago try it out but its still pending ?

[ezvm]

Hey guys, I know this question was asked a million times, but how do I unlock my wallet for minting? It is not encrypted, so I don't have a passcode. Am I missing something? This is my first time holding a coin long enough to actually want to start minting.  Thanks in advance for the help  

If it's not locked you don't have to unlock it.  It will mint automatically.

And when will minting start/how will I know how many coins I have Minted?

Not sure when minting will start. I think it is supposed to start after block 5000, or maybe not until after all POW is done.  

You will see staked coins in the line in the wallet that says stake.  They will be held there (not available for transactions) until the stake is confirmed 520 blocks.  Then they will go back to your available balance.  You should see minted coins as a transaction the the ledger.

So they won't be spendable until 520 blocks after they are minted?

Just like mining rewards have to be confirmed before spending, so does stake.  Also stake will hold a portion of your balance, the coins that generated the stake also.   If you want keep coins spendable (and not let them stake)

from the console type

reservebalance <amount>  

will keep this amount in reserve so you can always have it available to spend.  those coins will not generate stake.

I couldn't have put it better, this should be included in OP for future reference, especially for those just getting in on the coin.

[SCryptoMiners]

Hey guys, I know this question was asked a million times, but how do I unlock my wallet for minting? It is not encrypted, so I don't have a passcode. Am I missing something? This is my first time holding a coin long enough to actually want to start minting.  Thanks in advance for the help  

If it's not locked you don't have to unlock it.  It will mint automatically.

And when will minting start/how will I know how many coins I have Minted?

Not sure when minting will start. I think it is supposed to start after block 5000, or maybe not until after all POW is done.  

You will see staked coins in the line in the wallet that says stake.  They will be held there (not available for transactions) until the stake is confirmed 520 blocks.  Then they will go back to your available balance.  You should see minted coins as a transaction the the ledger.

Those who are patient will make out very well with this coin, imo. First time I've gotten into a PoS coin. Thanks for the explanation, made me understand much better than I had.

[AltcoinAuthority]

Hey guys, I know this question was asked a million times, but how do I unlock my wallet for minting? It is not encrypted, so I don't have a passcode. Am I missing something? This is my first time holding a coin long enough to actually want to start minting.  Thanks in advance for the help  

If it's not locked you don't have to unlock it.  It will mint automatically.

And when will minting start/how will I know how many coins I have Minted?

Not sure when minting will start. I think it is supposed to start after block 5000, or maybe not until after all POW is done.  

You will see staked coins in the line in the wallet that says stake.  They will be held there (not available for transactions) until the stake is confirmed 520 blocks.  Then they will go back to your available balance.  You should see minted coins as a transaction the the ledger.

So they won't be spendable until 520 blocks after they are minted?

Just like mining rewards have to be confirmed before spending, so does stake.  Also stake will hold a portion of your balance, the coins that generated the stake also.   If you want keep coins spendable (and not let them stake)

from the console type

reservebalance <amount>  

will keep this amount in reserve so you can always have it available to spend.  those coins will not generate stake.

It didn't work, are you sure that's the command?

[ezvm]

Is https://www.cryptoaltex.com/ a slow exchange?? I made a bitcoin deposit 1hr ago try it out but its still pending ?

The owner of the exchange upped the confirmations(to 10 confirmation I believe) purposely to prevent a quick dump. So you will see it take longer than usual.

[maccd123]

100 coin bounty to whoever can help my broken wallet-64 bit....I tried everything I think

[hdzw]

Is https://www.cryptoaltex.com/ a slow exchange?? I made a bitcoin deposit 1hr ago try it out but its still pending ?

The owner of the exchange upped the confirmations(to 10 confirmation I believe) purposely to prevent a quick dump. So you will see it take longer than usual.

But I tried deposit BC, it was very quick.

[HammyCoin]

hdzw it is likely because bitcoin simply hit a long block. If the bitcoin network is taking a half hour to find blocks then it takes forever to get confirms.

[coa032]

100 coin bounty to whoever can help my broken wallet-64 bit....I tried everything I think

Backuo your wallet.dat from C/users/youruser/apps/roaming/blackcoin...then when you saved that wallet.dat, you should delete whole folder "blackcoin". Then download wallet from 1st post,run it for a couple of mins,then close it. Now you should put back your old wallet.bat in the same folder. Then again run wallet,let it sync ans thats it.