Topic: [ANN] Blackcoin Lore [BLK] | Home of PoS 3.0 | No ICO | No Pre-mine - page 17. (Read 32931 times)

https://gitter.im/BlackCoin_Hub/support

Not sure if it will accept my post of your link better.     BLK has been going since 2014, its not just anything its many things and its still being developed.   Theres no reason to draw conclusions from just the first six months  because BTC has gone down since December.   Sure that decline sucks and that bigger influence knocks onto the small economies like BLK and every crypto coin but its still here working away just the same as previous years and it'll keep plowing forward into 2019 also.     Its worth some perservance is what I'm trying to mention, I say that from the perspective of following this project over many years.   Its not reliant on any one person which is key to any crypto standard for longterm continuation and success


I really do think this is something.    Every day POW progresses they have to resolve this efficency dynamic they have, we dont have this problem.   POS wallets will run on anything and I dont need expensive hardware or alot of wattage to power it.  
So think of that as a ratio, the prospects for POS are improving this is a very viable long term path where POW must juggle and somehow find a way where it doesnt cost so much to process that it becomes a problem.  BLK is super easy, fast and cheap to transact, we have the upper hand on this imo

Based on Proof-of-Stake, No more power hungry mining hardware. Fast transactions
Blackcoin has the potential to grow

it's a great project. I am using the Blackcoin Legacy wallet at the moment and I am waiting for the next Blackcoin Lore wallet update.

I stake my coins and earn a few coins on a daily basis.

if you have any questions, please feel free to ask them here or on https://gitte[Suspicious link removed]/BlackCoin_Hub/Support

Michel

In December, the blackcoin coin seemed very promising to me. I even invested 10% of the portfolio in BLK. Only now I understand that this is just a hyip, actually having no value.

Hi.

I have been reading and doing research about this project, and I have just a couple of questions.

Taking into account that the project seems really good with innovative features and that has been alive since many years ago, why is not more popular? what has happen?  Should be on the TOP 20-30.

There is something in the history of this project that I have missed?

thank you so much for this interesting precision !

There will be no forks. Just different wallets for the same protocol.

what about repartition of the three coins in exchanges?

Legacy has all rat4 updates up to him adding in RPC burn wallet. Since then he has been branding everything as Blacknet.

Lore will continue on Legacy.
More is entirely different.

it makes sense my only question is will all 3 wallets be updated continuosly or will legacy be left alone?

Bear with us there will be 3 versions of #Blackcoin, trust us, it makes sense, we hope:

- Blackcoin Legacy, v1.2 BLK
- Blackcoin Lore, v1.3 BLK (in progress)
- Blackcoin More, BLK on 0.16 BTC

It is going to be a lot of work to get Blackcoin up to date with all of the tech.

Blackcoin Legacy is all of rat4's updates up until the point that he left the project, which is v1.2.
Blackcoin Lore is continuing on Blackcoin's legacy. It will be pulling in updates from other projects that make sense for Blackcoin. It is severely outdated.
Blackcoin More, which was previously Blackcoin Lore (I know confusing) is basically Bitcoin with Blackcoin stuff. That was the easiest thing to push out the door but doesn't preserve commit history and generally frowned upon development.

TO REDUCE CONFUSION what is 'Lore'? Lore is essentially those behind the software together. Blackcoin is protocol. Blackcoin Lore is software that is improving the Blackcoin protocol.

TLDR:
- BLK More is BTC with BLK stuff.
- BLK Lore is BLK with other stuff
- BLK Legacy is old rat4 stuff.

Also blackcoin.org git is now updated to require 3 code review approvals before any changes can happen.

Ofcourse it's still possible. The height of the pump will be determined by the news and development flow paired with the hype that comes from this. At the very least July 2017 heights should be possible, I would assume somewhere in the next few months.

Is there a BlackCoin telegram group?

I've bought and held quite a large stack since 3455 sats.

I lost around %40 since.

why the rejection? whatever was the issue , comply and try again, other projects are on apple store just fine

When do we moon again like in 2014? Or at least 2017 July?

Or is it at least still possible?

The project is great but needs more awareness, especially about HALO and colored coins, btw I was suggesting some ideas in the telegram group and for an unknown reason

I was banned, the TG group needs better management perhaps

Probably just a question of size I think, I doubt Apple look into every project submitted with equal time.     I cant see a point to blocking a simple wallet, its not like it would enable exchanging to FIAT money or some greater concern of regulation.   Unless it included advertising or something they objected to, I imagine they control that virtual real estate quite closely.    Apple has profit margins of upto 70% partly by guarding access to their userbase from simple open competition, ie. pc repair is something they try to avoid.   

I can make a coin purse for Rapsberry.
With all instructions.

Is this relevant?

Saw this posted in discussion and figured it has relevance to the ongoing case for Proof of stake over POW
It does seem to me like cost to operate will be an issue at some point to challenge the success of POW coin like BTC or ETH

https://bcfocus.com/news/ethereum-co-founder-vitalik-buterin-comes-up-with-seven-difficult-questions-for-the-cryptoverse/18297/

DPOS white paper comes after BLK but I have read any POS usage criticised in a similar way



BLK new coins only turn out in a small amount to BLK holders via active wallets forming the network.   Theres no possible ASIC use, the capital requirement mostly comes from holding the BLK itself not 3rd party manufacturing like ASIC technology.
The last mining done on this protocol was over 4 years ago now and then it was only briefly distributed in this way, the thread is new/remade but the BLK coin is not even slightly close to new


Yea I can see that would be the case in theory and anyhow it will interesting to see.    This concept reminds me of this real event from pop history, again no value is lost by this action but still you got to agree its kinda unbelievable:
https://en.wikipedia.org/wiki/K_Foundation_Burn_a_Million_Quid

https://i.imgur.com/Cpklx7E.gif

Great idea on that alliance Josh. We could try to implement some of the solutions talked about.