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

[yourstruly]

I noticed something alarming:
The price of BC directly depends on one multipool being on. When BCmultipool is down, BC goes down, even if there are others multipool available (check what happened today between 15 and 16h30 GMT). This gives these guys at BCmultipool an insane amount of power. They could orchestrate a shutdown, get the money and stat the pool again.

I am concerned.

Well we should build out infrastructure so it is easy for other multipools to form and make it easier to trade into BC. This would diversify and strengthen the currency.

[IconicExpert]

I noticed something alarming:
The price of BC directly depends on one multipool being on. When BCmultipool is down, BC goes down, even if there are others multipool available (check what happened today between 15 and 16h30 GMT). This gives these guys at BCmultipool an insane amount of power. They could orchestrate a shutdown, get the money and stat the pool again.

I am concerned.

Well we should build out infrastructure so it is easy for other multipools to form and make it easier to trade into BC. This would diversify and strengthen the currency.

+1

I agree with both of you.

[UdjinM6]

I noticed something alarming:
The price of BC directly depends on one multipool being on. When BCmultipool is down, BC goes down, even if there are others multipool available (check what happened today between 15 and 16h30 GMT). This gives these guys at BCmultipool an insane amount of power. They could orchestrate a shutdown, get the money and stat the pool again.

I am concerned.

Well we should build out infrastructure so it is easy for other multipools to form and make it easier to trade into BC. This would diversify and strengthen the currency.

+1

I agree with both of you.

+1
that's why miners should spread across multipools - just like the should to prevent 51% attack

[virtualfaqs]

http://agran.net/bc_getbalance.php?top=100

Top 100
1   5 220 151.38072430 bc
2   4 199 310.79656741 bc
3   2 922 364.64196726 bc

These addresses weren't there as of yesterday.

http://maarx.nl/maarx.nl/blackcoin/distribution/

They just grew a ton.

Is this accurate? How come so few addresses in the top 1000 have any change.

[lacrossewacker]

so it's not just me having issues with blackcoinpool.com whew!

what should I add to my .bat to automatically reconnect to the server?  As of now, I just periodically teamviewer9 to my PC at home and switch it to another coin for a little bit...then retart blackcoinpool when the site is up.

[Lokken86]

Will we still recieve payout for the last 24hours mining eventually?

[nunya_coin]

I noticed something alarming:
The price of BC directly depends on one multipool being on. When BCmultipool is down, BC goes down, even if there are others multipool available (check what happened today between 15 and 16h30 GMT). This gives these guys at BCmultipool an insane amount of power. They could orchestrate a shutdown, get the money and stat the pool again.

I am concerned.

I can tell I'm going to be in the minority on this, but I think this is a case where correlation != causation.  The pool is still only buying once per day as far as I know so it's not like the latest correction was caused by pool buy support suddenly disappearing.  I think the spike to 9k and subsequent correction are simply whales trying to piggyback a pump & dump on the steady climb we're on.  Given the resilience we're seeing I'm not concerned about any of it.  It is exciting to watch though.

[nunya_coin]

update from main pool devs:

TheDogeOfWallSt> We are feverishly working on our issues, we are completely changing the way we are storing to DB
<TheDogeOfWallSt> This is the source of the pay out issues
<TheDogeOfWallSt> We have hired an additional developer at our exepnse
<TheDogeOfWallSt> for the day
<TheDogeOfWallSt> We should hopefully on be done for a few hours
<TheDogeOfWallSt> We might bring stratum up a few times to make su re shares are being recorded
<TheDogeOfWallSt> My apologies for any inconvenience this may have caused

just pasting this here for anyone not on IRC.  Looks like the pool is going to be mostly down to fix payout issues for a few hours

[lonely@thetop]

BC down? Time to buy.

[jamieb81]

BC down? Time to buy.

+1000 already did 

[PeterPalmBeach]

BC down? Time to buy.

I already bought few. I'm good. I'm out of BTC's  
Tomorrow we will see 10K breaking for sure...

[jamieb81]

Omg, just saw in the voting list of Mintpal, "Crimeacoin" come on.. how much of these country stupid coins..

[freigeist]

Where do you trade this coins?
Where is the best liquidity?!

[PeterPalmBeach]

Omg, just saw in the voting list of Mintpal, "Crimeacoin" come on.. how much of these country stupid coins..

Then we will mine this coin next  

[rbauer85]

I noticed something alarming:
The price of BC directly depends on one multipool being on. When BCmultipool is down, BC goes down, even if there are others multipool available (check what happened today between 15 and 16h30 GMT). This gives these guys at BCmultipool an insane amount of power. They could orchestrate a shutdown, get the money and stat the pool again.

I am concerned.

I can tell I'm going to be in the minority on this, but I think this is a case where correlation != causation.  The pool is still only buying once per day as far as I know so it's not like the latest correction was caused by pool buy support suddenly disappearing.  I think the spike to 9k and subsequent correction are simply whales trying to piggyback a pump & dump on the steady climb we're on.  Given the resilience we're seeing I'm not concerned about any of it.  It is exciting to watch though.

The situation is just people manipulating the market, and their manipulation coinciding with pool activities. They waited until the pool went down for any update, and dumped then.

[mellomike]

blackcoinminer.com or blackcoinpool.com

suggestions?  I was using blackcoinpool but it's down now.  blackcoinminer.com any good?

Hi lacross.

We (blackcoinminer) are still closed until the mid week.. working on upgrades.

mello - the miner stats page is still up and it looks like people are mining on it.  It keeps getting mentioned in IRC as well.  You might want to stop stratum or move to a diff port# if you are testing to keep people from hitting yours if they have it set as a failover.

Thanks for the heads up! I had a few AWS instances pointed at the pool to help me test... didn't realize other people were still trying to connect to it.

[mrwalker1750]

When will it be .08 BTC again?

[Raptorjesus]

When will it be .08 BTC again?

It never was. You didn't miss anything. don't worry.

[jamieb81]

When will it be .08 BTC again?

I think you mean 0.00008000 BTC?

[mrwalker1750]

When will it be .08 BTC again?

I think you mean 0.00008000 BTC?

Nah. I'm talking about the anomaly that I saw this morning on Cryptorush.