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Topic: [ANN] BlackCoin (BC/BLK) | PoS | BlackHalo | Smart Contracts | Anonymous - page 53. (Read 609585 times)

newbie
Activity: 16
Merit: 0
Love the logo

Only comment - Lose the glass effect under the ticks, not sure that works, and the line under Meet Black, otherwise looks really nice Smiley



There's a typo >Millon should be Million.
And maybe it could read 1% interest yearly?

DONE!

https://i.imgur.com/4Zcumjd.gif
full member
Activity: 188
Merit: 100
[...]
I am open for suggestions.

I suggest we all take a very good look at the current price, because I suspect there will be a long time before we see it again. Grin
Grin

hehe when?
full member
Activity: 214
Merit: 100
Love the logo

Only comment - Lose the glass effect under the ticks, not sure that works, and the line under Meet Black, otherwise looks really nice Smiley




There's a typo >Millon should be Million.
And maybe it could read 1% interest yearly?
hero member
Activity: 644
Merit: 500
2. You're right about pool.. I dont know what their plans are
I just read about a pool that's comming soon and will support BC payout among XC and BTC.
I have been supporting BC pool since the beginning but I would consider other options due to the fact that they have said nothing about the giveaway and their efficiency is dropping.  Please let us know what other pools are available for getting BC.

http://altmining.farm/

I never use it before, but i think it is legit and you can give it a go.

I can vouch for this. The EU took over my pool that I ran for a while (was around 800 MH/s on x11 for a long time and even peaked at over 3 GH/s when XC was new and needed a pool). It went down for a bit, and then the EU operator brought it back up, but a lot of miners were lost.
hero member
Activity: 700
Merit: 500
I know everyone hates me saying this, but LTC, NXT, DRK, PCC, DOGE are also at ATL or 30 day Lows.
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net

When is a new wallet coming out?
hero member
Activity: 700
Merit: 500
Sorry I am new to Blackcoin. I have a question.  Do you understand how Bit/Black Halo escrow works?

From Coindesk article:

"In order to enforce accountability between two parties that want to establish a contract, BitHalo requires proportional escrow deposits that act as a form of personal insurance...... Each party puts in an equal amount, making one side just accountable for the success as the other.

As David Zimbeck explained:

    “Lets say you wanted to employ somebody at $30 an hour. Employees have been known to not work hard and have been known to flake and conversely in many cases, employers don’t pay and hold power over employees. So to solve this both employee and employer put up $60 in escrow (a joint account with two keys). Then the employer can pay on the hour or on the milestone for work completed. If either party tries to cheat the deal then they actually lose money.”


If I understand this correctly, if party A and party B make a contract, they both send coins into escrow. After the fulfillment of the contract, signature of both concerned parties (both A and B) is needed to release coins from escrow. If at least one party is unhappy with the fulfillment of the contract, such party can refuse to release coins from escrow. As a result, nobody receives coins from escrow, until both parties are happy and in agreement. Nobody has direct incentive to cheat.

If above is correct, then what if party A wants to harm party B and refuses to release escrowed coins? As a result, party A loses the same amount of coins as party B, but this is a cost which A is ready to pay for the benefit of harming B. Proportionate amount of money has disproportionate subjective value for different parties, by the way. For example a big corporate player can afford more to lose, not only because he's rich but also because he has a pool of contracts and these contracts cancel out each other, like in insurance, you win some, you lose some.

And party A might want to harm party B not only out of spite. Party A might seek some indirect profit, in relation to third parties (C, D etc), manipulate the market and so on?

Am I wrong in this? Or does Bit/Black Halo work differently, is it my misunderstanding?

Well, if you really want to harm someone with personal loss of money there is hardly something that can be done against it, whatever you do.
In case of very large amounts you can execute the transaction in small chunks with always only a small escrow though, that drastically minimizes the risk once larger amounts come into play.
Someone correct me if i am wrong, please!

Smaller escrow means both parties have less protection against the bartering item and more incentive for the seller to not follow through. Of course this all depends on if there's Instant refunds allowed.

Set up instant refunds. If you have no relation to someone, I don't see why they'd want to rip you off especially if it's 0 gain on their end.
hero member
Activity: 700
Merit: 500
Sorry I am new to Blackcoin. I have a question.  Do you understand how Bit/Black Halo escrow works?

From Coindesk article:

"In order to enforce accountability between two parties that want to establish a contract, BitHalo requires proportional escrow deposits that act as a form of personal insurance...... Each party puts in an equal amount, making one side just accountable for the success as the other.

As David Zimbeck explained:

    “Lets say you wanted to employ somebody at $30 an hour. Employees have been known to not work hard and have been known to flake and conversely in many cases, employers don’t pay and hold power over employees. So to solve this both employee and employer put up $60 in escrow (a joint account with two keys). Then the employer can pay on the hour or on the milestone for work completed. If either party tries to cheat the deal then they actually lose money.”


If I understand this correctly, if party A and party B make a contract, they both send coins into escrow. After the fulfillment of the contract, signature of both concerned parties (both A and B) is needed to release coins from escrow. If at least one party is unhappy with the fulfillment of the contract, such party can refuse to release coins from escrow. As a result, nobody receives coins from escrow, until both parties are happy and in agreement. Nobody has direct incentive to cheat.

If above is correct, then what if party A wants to harm party B and refuses to release escrowed coins? As a result, party A loses the same amount of coins as party B, but this is a cost which A is ready to pay for the benefit of harming B. Proportionate amount of money has disproportionate subjective value for different parties, by the way. For example a big corporate player can afford more to lose, not only because he's rich but also because he has a pool of contracts and these contracts cancel out each other, like in insurance, you win some, you lose some.

And party A might want to harm party B not only out of spite. Party A might seek some indirect profit, in relation to third parties (C, D etc), manipulate the market and so on?

Am I wrong in this? Or does Bit/Black Halo work differently, is it my misunderstanding?

Well, if you really want to harm someone with personal loss of money there is hardly something that can be done against it, whatever you do.
In case of very large amounts you can execute the transaction in small chunks with always only a small escrow though, that drastically minimizes the risk once larger amounts come into play.
Someone correct me if i am wrong, please!
legendary
Activity: 2434
Merit: 1642
Now that top one is crispy!!! Love it! Smiley
newbie
Activity: 16
Merit: 0
Love the logo

Only comment - Lose the glass effect under the ticks, not sure that works, and the line under Meet Black, otherwise looks really nice Smiley

https://i.imgur.com/jTL2lc0.gif

https://i.imgur.com/vd0JKjH.gif
legendary
Activity: 2434
Merit: 1642
Love the logo

Only comment - Lose the glass effect under the ticks, not sure that works, and the line under Meet Black, otherwise looks really nice Smiley
newbie
Activity: 16
Merit: 0
hi guys,

I would like to summit this logo as new logo of this thread. I could make any change to it. thanks

sr. member
Activity: 249
Merit: 250
Sorry I am new to Blackcoin. I have a question.  Do you understand how Bit/Black Halo escrow works?

From Coindesk article:

"In order to enforce accountability between two parties that want to establish a contract, BitHalo requires proportional escrow deposits that act as a form of personal insurance...... Each party puts in an equal amount, making one side just accountable for the success as the other.

As David Zimbeck explained:

    “Lets say you wanted to employ somebody at $30 an hour. Employees have been known to not work hard and have been known to flake and conversely in many cases, employers don’t pay and hold power over employees. So to solve this both employee and employer put up $60 in escrow (a joint account with two keys). Then the employer can pay on the hour or on the milestone for work completed. If either party tries to cheat the deal then they actually lose money.”


If I understand this correctly, if party A and party B make a contract, they both send coins into escrow. After the fulfillment of the contract, signature of both concerned parties (both A and B) is needed to release coins from escrow. If at least one party is unhappy with the fulfillment of the contract, such party can refuse to release coins from escrow. As a result, nobody receives coins from escrow, until both parties are happy and in agreement. Nobody has direct incentive to cheat.

If above is correct, then what if party A wants to harm party B and refuses to release escrowed coins? As a result, party A loses the same amount of coins as party B, but this is a cost which A is ready to pay for the benefit of harming B. Proportionate amount of money has disproportionate subjective value for different parties, by the way. For example a big corporate player can afford more to lose, not only because he's rich but also because he has a pool of contracts and these contracts cancel out each other, like in insurance, you win some, you lose some.

And party A might want to harm party B not only out of spite. Party A might seek some indirect profit, in relation to third parties (C, D etc), manipulate the market and so on?

Am I wrong in this? Or does Bit/Black Halo work differently, is it my misunderstanding?
sr. member
Activity: 249
Merit: 250
When will bittrex add bc based market?

I would like to know, i asked bittrex  few times  on twitter but they no reply ...  Huh

BC volume on Bittrex is not big enough. Why should Bittrex add BC based market?
sr. member
Activity: 316
Merit: 250
When will bittrex add bc based market?

don't get your hopes up, bittrex never confirmed that
full member
Activity: 188
Merit: 100
When will bittrex add bc based market?



I would like to know, i asked bittrex  few times  on twitter but they no reply ...  Huh
hero member
Activity: 840
Merit: 1000
When will bittrex add bc based market?
sr. member
Activity: 266
Merit: 250
http://www.reddit.com/r/blackcoin/comments/2d2dvq/jabulon_update_part_iii_a_taste_of_what_the/

Before I launch into this, please bear in mind a few things. What I am about to present are works-in-progress. This is also only a very partial list. For reasons I explained in part 1, I am unable to disclose substantive information on certain projects, whether due to NDA's or just the still-too-early status of this or that line of action. That said, I have received a barrage of inquiries about what other tantalizing bits I am working on and I wish to be as open and candid as possible in response. Sadly my single biggest BlackCoin venture must remain completely behind closed doors until launch. Yet there are a few important previews I can give - think of them as deals 'in closed beta'. Most and probably all of them will come to fruition, some of them fairly near-term. I will omit specifics and concrete detail where I am obliged (or best advised) to do so.

What follows concerns BUSINESS ADOPTION, and PENETRATION INTO NEW MARKETS. Standard 'safe-haven' disclaimer about forward-looking statements applies. They are all, in one form or another, STRATEGIC PARTNERSHIPS with future-minded business owners. I selected them for the diversity of markets they represent, and either for their high standing and proven history of success in their respective fields, or for their outstanding promise as new ventures as reflected in hard numbers by the amount of venture capital they have already attracted (1 million USD, minimum). A partial list only, to be expanded on in coming days and weeks. Brevity of message is a priority too. End of preamble!

A 5-star hotel in the Caribbean has said yes to integrating BitCoin/BlackCoin within the next 2 to 3 months. I am working closely with Michael Morris and Heliopay, Inc. to provide full implementation and tech support.

A Luxury Yacht manufacturer and rental service has expressed strong interest in Bitcoin/BlackCoin integration and wishes to fully exploit the cross-promotional opportunities a BlackCoin partnership could provide.

A major eGifting platform is in early but serious talks with me. This is especially exciting, because it would, in effect, allow BlackCoin to be used at any of the client businesses already on their rapidly expanding roster.

Through Alisanne in Provence, a public BTC/BLK presentation to business owners has been scheduled, the story of which has been picked up by a major travel/hospitality publication committed to doing a magnificent 4-page spread on her business and future plans in South of France.

Again in coordination with Alisanne, the possibility to test-drive an innovative "BlackCoin Bar" and entertainment space has just been fully confirmed. More details to follow.

So, there you have it. Just a few appetizers. The next dish will be brought out shortly, whether by me or any of the numerous others among us working independently (but decentralizedly together). BlackCoin is on the move - in fact, with or without any of the above. There is so much more. My list is therefore only a fraction of a fraction.
jr. member
Activity: 224
Merit: 1
2. You're right about pool.. I dont know what their plans are
I just read about a pool that's comming soon and will support BC payout among XC and BTC.
I have been supporting BC pool since the beginning but I would consider other options due to the fact that they have said nothing about the giveaway and their efficiency is dropping.  Please let us know what other pools are available for getting BC.

http://altmining.farm/

I never use it before, but i think it is legit and you can give it a go.
full member
Activity: 238
Merit: 100
2. You're right about pool.. I dont know what their plans are

I just read about a pool that's comming soon and will support BC payout among XC and BTC.
I have been supporting BC pool since the beginning but I would consider other options due to the fact that they have said nothing about the giveaway and their efficiency is dropping.  Please let us know what other pools are available for getting BC.
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