Topic: [ANN] BlackCoin (BC/BLK) | PoS | BlackHalo | Smart Contracts | Anonymous - page 134. (Read 609571 times)

Or maybe you want to buy a rare Magic the Gathering card, but don't trust the Online eXchange.  You find someone who will sell the card for 200 BlackCoins, but neither of you are comfortable sending to the other person first in case it's a scam.

You create a BlackHalo contract and both deposit 300 BlackCoins each - you each hold one of the keys to this money. They send your card to your safe deposit box, you send the BlackCoins to their address, and once you're both satisfied that everything is fine, you sign the contract transaction and both parties receive their 300 BC deposit back.


Alternatively, if you both agree to cancel the exchange, you can both decide to sign the contract and receive your money back.  If one of the two individuals decides not to complete their half of the transaction, they would lose the 300 BlackCoin deposit.

Contrary to what digicidal said, I believe both parties lose their deposit in that hypothetical scenario, but it should be a very rare one.  I believe the contract can be done in such a way that neither can contact the other once it's set up through to prevent extortion, but I'm not sure on the details.

There are also more complicated contracts you could do, basically whatever you could think of/program in/get someone to agree on.  Even with very basic contracts, you could make whatever stipulations you want, but leave the decision of whether or not to sign the transaction that concludes the contract up to human choice. More complicated contracts could probably complete contracts automatically if they can retrieve the necessary info, but again I'm not sure on how the programming could be executed in the blockchain.

Thanks!



If I'm buying the Magic the Gathering card, and receive the card, but claim that I didn't, the following happens:
I will get the card (+200), but lose the deposit (-300) => total -100
The seller will lose the card (-200) and lose the deposit (-300) => total -500

Is this correct? What will happen to the deposits (total of 600) ? No one else knows that I have actually received the card even though I'm saying I haven't.

Or maybe you want to buy a rare Magic the Gathering card, but don't trust the Online eXchange.  You find someone who will sell the card for 200 BlackCoins, but neither of you are comfortable sending to the other person first in case it's a scam.

You create a BlackHalo contract and both deposit 300 BlackCoins each - you each hold one of the keys to this money. They send your card to your safe deposit box, you send the BlackCoins to their address, and once you're both satisfied that everything is fine, you sign the contract transaction and both parties receive their 300 BC deposit back.

But guys even with those dump if we get NEW people in new floors will be established.
Clones soak only speculative capital that money will go to shit clones sooner or later we need deal with that.
Look at Cinni new wallet... +25k then 8k... This is great example how speculative capital can RAPE coin.
While BC pump to 30k dump to 23k... rest are new investors in who added value and won't sell soon.

To go up we need real investors not News jumpers PnD squads.
Today you can see BC value substracted from PnD capital mostly..

What is pumped it will be dumped sooner or later ;/

...

I tend to agree, they are in the business to make money, sure however  I am in the business of adding value to Blackcoin.   And I don't like seeing that value sucked away by showing favoritism to PnD coins, Plenty of other places for that.  But they don't care.  The migration will happen at some point.  And in the end,  Will they think Whitecoin,  PinkCoin,Cloak etc was worth it?

The problem is: the more often they do this, people will see BC rise and immediately fall again.
Very few new investors will notice that the result of all this Mintpal madness is a 3k higher floor after 4 weeks. They will only see instantly killed uptrends.
Nobody who is serious about this coin should leave a single BC @Mintpal as soon as possible. Lets hope that will be very soon.

same here.
I am not worried, but nonetheless annoyed.
All this shit makes it way harder to explain to "outsiders" why BC is a good investment.

I'm 100% BC and not worried about ninja coins at all. They can affect our price only for a short time and, with every new "anonymous" shitcoin, this influence becomes smaller. They are pure gambling, BC is an investment.

Good coin will defend it self.
If Blackhalo will work we wil get REAL investors not PnD squads.
Good if they dump for Cloak real BC investors can buy now in 20-25k are which looks preaty strong.
More BC is living more people we are getting on board.
Clones like clones week without ninja lunch would be lost for them..
Funy that they added Cloack and Crypt 2 coins who fights each other in anon technology.
They will eat each other volume.
BC is targeted by more people who invest in NXT or PPC bishares master coin such type of investors.

+1

WFT!  I saw a video on development for CLOAK which was API control for Bitrexx?  That is their development?  I must be fucked up or something.  I just don't understand crypto!

Once more big thx to Mintpal for killing another BC uptrend with another shitcoin ninja launch. What would have been a correction turned into another dumpfest....
We need to get rid of this shithole of an exchange, seriously.

WFT!  I saw a video on development for CLOAK which was API control for Bitrexx?  That is their development?  I must be fucked up or something.  I just don't understand crypto!

Coin of the week bro...
Mitpal loves such coins of the week from bitrex...

Fucking incredible!  A coin posted by a Newbie (TheDagger) steals BC spotlight!

Fucking incredible!  A coin posted by a Newbie (TheDagger) steals BC spotlight!

BC number one by volume on mintpale SOON