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

[lira]

New Article about BlackCoin: The Black Menace: Blackcoin Aims to Be The New Standard For Cryptocurrencies
On February 16 2014, bitcointalk user rat4 launched Blackcoin. A revolutionary cryptocurrency using Proof of Stake as the main method of coin generation. In less than 3 months the coin has skyrocketed to a high of just over $.20 and then settled down to around $.13. People are going crazy over Blackcoin! There is even a Dutch company that offers Blackcoin as a payment option for their airplanes. What is it about this coin that makes it so appealing? There are a few big things that stand out to me in this coin. First of all, you have the Proof of Stake (PoS) function. Proof of Stake mints new coins based on compound interest in the individual users wallets. The total interest is 1% annually. This relatively low interest rate helps to keep the inflation at a reasonable pace. Proof of Stake means that Blackcoin is technically unmineable, however multipools have sprung up that pay out in Blackcoin.  Unfortunately this defeats one of the perks of Proof of Stake which is energy efficiency. PoS is not the only cool feature of Blackcoin. It also features 10 second confirmation times making it the fastest confirming coin currently available. This speed makes it a viable option for businesses who may not want to bother with BTC transactions that can take 10 minutes or longer... Full article http://coinmarketinfo.com/2014/04/the-black-menace-blackcoin-aims-to-be-the-new-standard-for-cryptocurrencies/

[cloudboy]

Can someone explain to me how block rewards are calculated in the Blackcoin code? It was 10k BC during PoW.

Taken from main.cpp from github:

Code:

int64 static GetBlockValue(int nHeight, int64 nFees)
{
    int64 nSubsidy = 64 * COIN;

    // Subsidy is cut in half every 840000 blocks, which will occur approximately every 3 years
    nSubsidy >>= (nHeight / 105190); // Blackcoin: 105k blocks in ~3 years

    return nSubsidy + nFees;
}

Why does it claim a block reward of 64 coins initially?

What is the value of that "COIN" variable?

If the reward was 10K then that variable value should be 156.25 (10K / 64)

from util.h:

Code:

static const int64 COIN = 100000000;

or, 1 Blackcoin in satoshis

[troiste]

https://www.youtube.com/watch?v=U57eqCpN1YA

[ManMachine]

We are supposed to be Gentleman, the James Bond of Crypto as some would say and let's do just that. Let's be gentleman, let's help others in the cryptoworld understand why BlackCoin is a good investment. Let's have healthy discussions without annoyance. If anyone posts FUD on this thread, or is just trolling: HIT THAT IGNORE BUTTON

 

My Name is BLACK.......BLACKCOIN!


And guys hit that ignore button faster! My ignorelist grows more than any altcoin! Dont give them room or get caught in discussions!

[troiste]

Can someone explain to me how block rewards are calculated in the Blackcoin code? It was 10k BC during PoW.

Taken from main.cpp from github:

Code:

int64 static GetBlockValue(int nHeight, int64 nFees)
{
    int64 nSubsidy = 64 * COIN;

    // Subsidy is cut in half every 840000 blocks, which will occur approximately every 3 years
    nSubsidy >>= (nHeight / 105190); // Blackcoin: 105k blocks in ~3 years

    return nSubsidy + nFees;
}

Why does it claim a block reward of 64 coins initially?

What is the value of that "COIN" variable?

If the reward was 10K then that variable value should be 156.25 (10K / 64)

from util.h:

Code:

static const int64 COIN = 100000000;

or, 1 Blackcoin in satoshis

Are you sure you are checking the right source code?

This is the main.cpp from BlackCoin:

https://github.com/rat4/blackcoin/blob/master/src/main.cpp

You can see there:

Code:

int64_t GetProofOfWorkReward(int64_t nFees)
{
    int64_t nSubsidy = 10000 * COIN;

    if (fDebug && GetBoolArg("-printcreation"))
        printf("GetProofOfWorkReward() : create=%s nSubsidy=%"PRId64"\n", FormatMoney(nSubsidy).c_str(), nSubsidy);

    return nSubsidy + nFees;
}

Nothing with 64... and that method "GetBlockValue" doesn't even exist in the main.cpp

[Degolep]

UPVOTE POST FOR KRAKEN TO ADD US

http://www.reddit.com/r/Kraken/comments/243ozq/please_add_blackcoin_to_kraken/ <- UPVOTE

[germsite]

My wallet just now registered a 'mined' deposit to an address that I do not have listed in the wallet.

I'm familiar with receiving deposits from staked coins. The addresses that receive the deposits are named. This particular payment simply lists the address.

I though maybe I had received something from Mintpal ( ?? clutching at straws ) from when I briefly had some BC on there. No, my deposit address doesn't match ).

Anyone experienced anything similar ?  

EDIT just noticed received another 11 days ago too

[keshuker]

Adding to kraken.com

Hi there,

The CEO of kraken.com (payward) is a contact of me. Ive met him several times and discussing (through e-mail atm) adding BC to kraken.com. They are not so fond of adding 'just a new coin' to their exchange and do a thorough security, background and community check.

So, im trying to convince him and his team to at least take a good look at it. Working on that ;-)
If i have some news, i will post it. (also check my twitter @cryptocoinnl )

Are there any tech BC contacts he could be getting in contact with regarding some tech questions if the arise?

Regards,

rat4 and maarx

[PL_CoinTrader]

The multipool is gone? It was a scam, right?

[ManMachine]

and another one PLEASE IGNORE!

[keshuker]

The multipool is gone? It was a scam, right?

No

[Subtuppel]

The multipool is gone? It was a scam, right?

lolwut?
a scam that has been running for months and paid out daily or what?

if you read a few pages back you will find more detail, in short: blackcoinpool has been under several DDOS attacks and is currently down for a short maintance.

[keshuker]

The multipool is gone? It was a scam, right?

lolwut?
a scam that has been running for months and paid out daily or what?

if you read a few pages back you will find more detail, in short: blackcoinpool has been under several DDOS attacks and is currently down for a short maintance.

Well he isnt really looking for info, just NXT guy trying to FUD

[PL_CoinTrader]

The multipool is gone? It was a scam, right?

lolwut?
a scam that has been running for months and paid out daily or what?

if you read a few pages back you will find more detail, in short: blackcoinpool has been under several DDOS attacks and is currently down for a short maintance.

I just thought because the maintenance isn't short actually. It's several days already and the website is completely down for me so I just thought ...

[Wulfcastle]

A campaign has started to get BlackCoin onto Kraken

EVERYBODY STOP WHAT YOU'RE DOING AND UPVOTE THIS REDDIT POST : www.reddit.com/r/Kraken/comments/243ozq/please_add_blackcoin_to_kraken/

AND RETWEET THIS : https://twitter.com/CoinBlack/status/460513347054870528

[germsite]

My wallet just now registered a 'mined' deposit to an address that I do not have listed in the wallet.

I'm familiar with receiving deposits from staked coins. The addresses that receive the deposits are named. This particular payment simply lists the address.

I though maybe I had received something from Mintpal ( ?? clutching at straws ) from when I briefly had some BC on there. No, my deposit address doesn't match ).

Anyone experienced anything similar ?  

EDIT just noticed received another 11 days ago too

Interesting ... it's related to a contribution I made to the Coinkite fundraiser.

http://blackcha.in/ is brilliant

[PL_CoinTrader]

The multipool is gone? It was a scam, right?

lolwut?
a scam that has been running for months and paid out daily or what?

if you read a few pages back you will find more detail, in short: blackcoinpool has been under several DDOS attacks and is currently down for a short maintance.

Well he isnt really looking for info, just NXT guy trying to FUD

I have NXT and also very many BCs so please shut up. I don't understand why so many BC'ler have something against NXT. NXT is really very promising and it's not threathening BC so please be calm.

[ManMachine]

as there is no sign of peter palm i quote his list:

Official Website - http://www.blackcoin.co
Official Multipool - http://blackcoinpool.com
BC Multipool - http://www.cryptoalts.com
Official BlackCoin Store - http://blackcoinstore.com
Official BlackCoin Forum - http://blackcointalk.com
Order Your BlackCoin Card USB Wallet here - http://www.blackcoincard.com

BC Blockchain Explorer - http://blackcha.in
Daily BlackCoin News - http://www.dailyblackcoin.com

BlackCoin Paper Wallet - http://www.blackwallet.me
How to use your Blackcoin Wallet & Staking - http://www.techfleece.com/2014/04/10/a-step-by-step-guide-to-using-your-blackcoin-wallet-staking/

Buy BC in UK - https://www.bitcoin123.co.uk
Buy BC in UK - https://bittylicious.com
GiftCards for Bitcoins Store - http://www.itradebtc.com
Give people access to your BC address simply by telling them your username - http://addie.cc
Web Wallet, Debit Cards and Payment Terminals - https://coinkite.com
BC USD trade - https://c-cex.com/?p=bc-usd
Euro to BC - https://www.litebit.eu/coin/bc/en

Buy yourself Airplane with your BlackCoin - Zelf Vliegen Dealership - http://www.zelfvliegen.nl/vliegtuigen/verkoop/blackshape-prime[/size]

AltOutlet Store - https://altoutlet.com/bc
Rigs.ch Store - http://www.rigs.ch
3D printables BC's - https://www.shapeways.com/shops/CoinWear
Buy GOLD and SILVER with BC - http://www.coaex.com
Rare Coins and paper money for sale with BC - http://www.sovnumisltd.com
Get yoursef wooden BC wallet (BC accepted) - https://woodwallets.io

MintPal BTC/BC Exchange - https://www.mintpal.com/market/BC/BTC
Cryptsy BTC/BC Exchange - https://www.cryptsy.com/markets/view/179
Austin BTC/BC Exchange - https://agx.io/markets/296/trade

Stores that accept cryptos. BC is now accepted there - https://www.coinpayments.net

Check coin distribution ( top 1000 wallets ) - http://maarx.nl/maarx.nl/blackcoin/distribution
BlackCoinBalance v0.2 Androin Extension - https://chrome.google.com/webstore/detail/blackcoinbalance/ggphhhbdjbaidlgkmmgelfebbpnhdjef
Download Google Chrome price ticker extention - https://chrome.google.com/webstore/detail/cryptosaur/ldifofhjjihonamocbjmboeeaolkflag
Apple iPhone BC price ticker - https://itunes.apple.com/us/app/coin-ticker-bitcoin-litecoin/id636476147?mt=8
Android BC price ticker - https://play.google.com/store/apps/details?id=nl.wiskunde.bc

Tweeter related to BlackCoin - https://twitter.com/search?q=%23blackcoin&src=typd&f=realtime
A free php script to sell a digital good for BC - http://www.storyhack.com/bccp

Full Casino - Before was BTC only, now accepting BC - https://strikesapphire.com
For those who like to gamble. Here is BC dice game - https://bc.xtremedice.com
BC Scratch Game - http://coinok.pw
BC Faucet - http://54.186.214.68/BlackFaucet/public_html/index.php

[/size]

[VigintiTrez]

NEW VIDEO:

https://www.youtube.com/watch?v=Z4xlddRB0Og

[ShroomsKit_Disgrace]

Adding to kraken.com

Hi there,

The CEO of kraken.com (payward) is a contact of me. Ive met him several times and discussing (through e-mail atm) adding BC to kraken.com. They are not so fond of adding 'just a new coin' to their exchange and do a thorough security, background and community check.

So, im trying to convince him and his team to at least take a good look at it. Working on that ;-)
If i have some news, i will post it. (also check my twitter @cryptocoinnl )

Are there any tech BC contacts he could be getting in contact with regarding some tech questions if the arise?

Regards,

Why do you bother about adding BC to more and more exchanges when you can trade BC <-> BTC with 0% fees in NXT Asset Exchange as soon as a gateway for BC is implemented?

Devs should take a look on this!