Topic: [ANN] Blackcoin Lore [BLK] | Home of PoS 3.0 | No ICO | No Pre-mine - page 12. (Read 32663 times)

I have some suggestions about the development of blackcoin.

I hope blackcoin is a simple, pure digital currency.



No need smart contracts.No need for complex functions.

Blackcoin wallte needs to be beautifully made, more perfect and easier to use.

We just need to introduce more people to buy blackcoin.

All strength is used to popularize blackcoin.



If possible, make a simple blackcoin official exchange.
Now there are many stable digital currencies. For example, USDT, bitusd. It's easy to recharge money.

Janko and I speak all the time, Lateminer is still doing updates, I'm trying to get work developments out of the way so that I can complete the major overhaul of original Blackcoin code. It just needs one last thing done to it.

OK this is clear, thanks.
waiting for further explanation on how the game is played.

Laboratorium EE has released a tool which visualizes initial burn offerings, featuring Blacknet and Ercoin (both BlackCoin-derived).

The only thing to remember there is the protocol stands alone from the people working on it, its not a normal company construct because this is the nature of crypto it operates independently.
   Rat4 is wanting to develop Blacknet by himself I think, thats his style.  Its not going to alter his previous work on BLK including that done by janko but he is going in a new direction.  I'm not 100% of what direction that is but clearly he is capable so it'll be interesting to see how he progresses crypto in his style.     BLK is not going to be altered by that change taken by rat4 except by this reduction in total BLK coins circulating.   Thats my basic understanding, its all optional and janko can always come back some time but he is busy elsewhere right now which is just how life goes right

very sorry, but it is confusing in effect, as well as the simultaneous departure of janko and the appearance of blacknet.

please explain in particular:

citation begins:
"What does that mean for the original wallet? Is Blackcoin DOOMED!?"

No, not at all. So this maybe a little confusing but bear with me. Rat4's client will continue as Blackcoin Lore. This is the same as how Bitcoin Core treated Bitcoin upon Satoshi's departure. There will be two identities of Blackcoin. The protocol, and the software. The protocol always and will always belong to you, the community. That will always be shaped in the way that holders of BLK will believe is best for BLK. However Lore will be under direction of us to maintain consistency.
citation ends.

An interesting explanation for me puts a lot in place. That is, the team has gone in different ways, but the new project is ready to accept people from the old project and give them a proportional number of tokens? Or how does it even work?

Hey all,

Its been a while and I have been neglecting the community here on reddit. A lot of things are new, I'll try to keep it as brief as possible.



"My client is saying something about an 'IBO' wtf is this shit? Is Blackcoin DOOMED?!"

Well, fear you not. Blackcoin is still going forward, but as Blackcoin Lore. The IBO message is relating to rat4's new project of which he is working towards. I wish him all the best on that. The #1 question that I get though, "Should I burn my BLK?" I will give a suggestion that I hope others will find fair.

Blacknet is experimental, not yet released, not yet proven, so if you are willing to risk some of your BLK to be a part of something new, then go do so. Should you expect that it gets released? To a degree, yes. Rat4 always has done well. For me personally, I hadn't burnt my BLK as I am skeptical on the distribution and community upon release. However, I do not want to deter anyone from not participating if they can afford the risks associated with new technology.



"What in the fak is going on with development? Is Blackcoin DOOMED!?"

Janko departed to work on some exclusive blockchain projects of which he had told me about. I'm excited for him and again, wish him all the best. He handed me the title of Lore to continue. Now at the time, I hadn't expected rat4 to also call it off. Lateminer and myself have taken up development under "Lore".



"What does that mean for the original wallet? Is Blackcoin DOOMED!?"

No, not at all. So this maybe a little confusing but bear with me. Rat4's client will continue as Blackcoin Lore. This is the same as how Bitcoin Core treated Bitcoin upon Satoshi's departure. There will be two identities of Blackcoin. The protocol, and the software. The protocol always and will always belong to you, the community. That will always be shaped in the way that holders of BLK will believe is best for BLK. However Lore will be under direction of us to maintain consistency.



To further confuse things, and I'm sorry, Lore previously meant Blackcoin stuff on later Bitcoin. This hasn't been a direction that I had agreed with. Sure the core is stable to that of Bitcoin, but you also share the vulnerabilities. I really do believe that the direction is going forward with rat4's old client and having BLK adapt to it's own challenges. Therefore, Lore is becoming Blackcoin "More" and rat4's client is becoming "Blackcoin Lore". Both of which will be developed by the same team. Consider More as a temporary bridge while Lore goes forward as I understand that there are some serious updates that BLK needs that More provides right now.



"I keep up to date and have known about this for the past month or so! What is really going on?"

Well, I and others need to eat and build ourselves before we can work on projects such as BLK, especially taking over development which is massive. Lateminer has been working every evening on fixing up More while I had to take a break on updating rat4's client to be more 'modern' and with it. The project shift couldn't of come at a worse time for myself as I have been trying to launch a product for my business and couldn't delegate more time than I'd like to. But, delegating time I am.

So updates on this:- Lateminer is pushing a new Blackcoin More release this week.- The new Blackcoin Lore wallet, continuation of the old wallet, has a massive new build and RPC API overhaul.- The RPC API isn't complete yet, I just need to finish it off, then we should expect a new release of BLK Lore.

Things are still happening. But thats just development, you can't focus on development and not anything else.



"Is Blackcoin going to be delisted from X? Is Blackcoin DOOMED!?"

No, likely not. We have strong ties to the best leaders in the industry of which we are currently on.

Bittrex - The most advanced exchange in legal for the US

CoinEgg - Chinese community exchange

ShapeShift - Instant conversion to Blackcoin

cryptoID - Long time friends of Blackcoin for the block explorer with a few BLK specific features

Coinomi - The multi wallet kings from Spain

CoinGecko - Bobby and crew from Malaysia, the best coin market cap tracker. We are planning on doing some giveaways with them shortly.



"Why no Binance?"

Well though I do see that Binance is vastly popular, we have to consider legalities of platforms. Binance doesn't have a jurisdiction of which they are lawful to. We don't know where their servers are at. Their employees are mostly private. Those raise red flags to me. That doesn't mean that I am against it. I wouldn't mind putting in a request however, I'm not ready to stick to a strict weekly update that they require until my company's project is launched and new Lore and More is out. At that point, we will update them weekly as well as provide them all information that they require on a regular basis of which we do for every other service of which we are on.



"But the ranking of BLK! WTF!?"

Yeah, I get that. Honestly, I'm not surprised. BLK really nose dived after China called it quits on crypto. 80% of our volume was there and we had the strongest ties with that community. It was devastating and heart breaking to see it collapse almost overnight. The QQ group and Wechat group is still around, still have some die hards. I'm not surprised it had happened.



"We have not heard from you where had you been!?"

Well, I had wanted to walk away from BLK a few times. Usually if there is a team taking care of the project, I feel as if I can focus more on my company. Yet, hadn't left. Mostly everyone else left, I'm still here. I have been keeping the twitter and other things going and as well as established the Proof of Stake Alliance with other projects such as PIVX, Peercoin, Komodo, Navcoin, BitBay, Particle, Phore etc. and we all keep regularly in touch almost every day.



"So what does the Proof of Stake Alliance do?"

Well, all the devs can pool resources together to make the core technology even more sound. While we believe that 3.0 is safe and doesn't have any serious flaws, we do want to improve on it. We are working on a sort of PoS 3.1 which will be basically a total overhaul of the structure of PoS instead of actually changing the security of it.



"PoS 3.1??! Sounds exciting!"

Yes, we originally were running with the name of PoS 4.0 but, since it isn't a security upgrade, but still massive, we decided not to call it that unless there actually is a reason to update the security to ensure that the coin is protected.



"I have a question!"

Leave it below.



I really don't want to let anyone down, or left feeling insecure with their choice on Blackcoin. Its been a rough few months, but we will all pull through.



- Gritt N. Auld

Thanks for your comment. So best way is to buy more BLK and than change it to blacknet First time I see this kind of token distribution method.

very fairplay comment

They are 2 separate projects. The initial BlackCoin founder rat4 is making a new project called BlackNet. BlackCoin will be continued by the current developers. Nothing will happen to your BlackCoin if you decide not to burn them, but you can choose to burn them (or a part of your BlackCoin) for BlackNet if you see potential in the project.

So what I should do now with my BLK coins? I need to change it on blacknet? What if I will not to burn my coins?
I need some simple instruction what ways are in this case...

which exchanges will support blacknet?

so according to this https://blacknet.ninja/

if i burn some BLK i get blacknet with a little bonus and the distribution is automatic?

Circulating Supply

75,422,099 BLK

rk.

Initial distribution has started
20% bonus ends in
11 days 3 hours 51 minutes
Next bonus 18%

Yes if you burn blackcoin now there is 20pct bonus of blacknet

Circulating Supply

75,540,145 BLK  Brisk pace of shrinking blackcoin continues blacknet has good chance be an amazing coin worth taking the chance and burning some of your blackcoin but not all because as the blackcoin supply shrinks it’s becoming rarer so it should be more valuable basic supply and demand law

For those who would like to continue with blackcoin.. please update ASAP to version 1.2.5.2 (after burning). The old wallets are useless for BLK

Direct link: https://github.com/CoinBlack/blackcoin/releases/tag/v1.2.5.2

Pwpwpw. Blacknet is rat 4 new coin there is a lot of information about it on github and reddit as well as. Blacknet  on bitcoin talk

600 000. Black coin burned for black net in last 24hours. At this pace black coin supply would fall below 25 million on dec 14. End of burning period I’m sure this pace will slow up but it does look like a significant amount of blackcoin will be burned for blacknet