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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 106. (Read 2510320 times)

hero member
Activity: 560
Merit: 500
So imagine if I build an exchange interface for NightTrader to do microtrading and then nobody even uses it because its not lightning fast like poloniex
 
This will be really big problem till people face another GOX. And probability for such thing to happen rising with Bitcoin price rising and over time i bealove prople will try to find alternatives. With Nightrader and other decentralised exchanges we can avoid all of this and more. This project only needs better marketing , big ico projects have large funds so they can be very successful in this game.

https://bitcointalksearch.org/topic/qtum-signature-and-avatar-campaign-read-the-op-1747399
"To summarize, the technical features of Qtum include:
3. Blackcoin's Proof Of Stake 3.0, which ensures efficiency and security"
If projects such as this one relying on Black coin teach then you know what we have here!
legendary
Activity: 2412
Merit: 1044
Do you have blackcoin client on while trying to start Blackhalo?
No should i have it opened or not?
 No still have no changes and when my antivirus is disabled- ESET .System is win7 32bit, and i don't have troubles with wallet at all, syncing well and this happening very rarely. I had few problem with cgminer but this is not related with this i assume.

It shouldn't be running. I got this same exact error. I closed my Blackcoin QT and blackcoind started working.

Yeah the issue is not with Halo, its with Blackcoind. It might have already been running or Blackcoin-QT or like it says antivirus(check task manager). We used to have a problem with avast blocking python but we sent our program to them and i think its no longer an issue. You can always build from source of course at www.davtonia.com/bithalo/haloobf.zip

As for finishing NightTrader this has been discussed before. First off, I have a few more templates to finish (python contracts, barter, buy/sell) those make the client more user friendly. The question of NT is weather or not I will make it a microtrader or not. Let me explain the problem I ran into, it didn't have anything to do with coding per se.

If we do it the way I had intended, we can do NightTrader by the following methods:

MICROTRADING:
THE ORIGINAL plan was to microtrade under double deposit (this can already be done actually if you do it manually under a contract). Where the software would automate payments (BTC for ETH or LTC for DOGE etc) and the deposits would be double deposit in Blackcoin. So lets say you want to trade 1 BTC for 90 ETH you would deposit .5 btc each of BLK and trade like this:
.25 .25 .25 .25 until the trade is complete
That seems great but the problem I foresee is this... will anyone use a decentralized exchange that has to wait for Bitcoin confirmations?! This means the trade can take up to an hour unless you use online services to confirm early. Also many deals might be for higher amounts AND you would need to do that contract with all traders on the order book.

So Bob wants to trade with Alice, Joe and Steve because they ALL had orders on BlackHalo. So they arrange deposits in BLK and can end up doing anywhere from 4 to 50 transactions for the same trade. (imagine 500 btc wall waiting for hundreds of little payments)

All this live trading bloats the blockchain. So it works but WILL PEOPLE USE IT???

Will people buy Blackcoin just for the deposit? And will rising in prices of Blackcoin and then dumping in some cases make the deposit value go below the trade causing defaults? We would need higher deposits then.

I had a huge problem with BlackHalo and BitHalo. I thought BitHalo would replace localbitcoins because you don't need to trust anyone, not even an arbiter. But if nobody uses BitHalo what the hell was the point? Nobody sells anything on the markets, it was years ahead of Ethereum and Open Bazaar, translates to 92 languages has like 50 different little features (joint accounts, steganography etc) and still never got used by the masses.

So imagine if I build an exchange interface for NightTrader to do microtrading and then nobody even uses it because its not lightning fast like poloniex and they have to form multiple contacts. Also being peer to peer if any of your trade partners disconnect during a trade that would greatly extend the amount of time you are waiting for the trade to finish. Its amazing that we can do decentralized exchange this way but I want people to use what I make and not deal with the same bullshit of not having users.

Granted I don't advertise, but its hard to advertise and code.

Plus should I list all the orders on my decentralized markets? Because then it means waiting for the POW on each order which can make for a slow orderbook where orders are accepted out of order. Its a tricky engineering job. I can do it but i would want users and some sort of knowledge that my 1000s of hours of coding wasnt in vain.

So here is the OTHER options:

ATOMIC TRADING:
This is a great idea, we use checklocktimeverify to do trades between coins. The problem here is, this doesn't make NightTrader Blackcoin centric and it just means Blackcoin is listed as a coin. Also this means only coins with checklocktimeverify can get on the exchange (Blackcoin, Bitcoin, BitBay, Ethereum etc)... there is very few coins with true locktimes. And adding Ethereum is a custom contract meaning more work if I want to add them. Also it still means multiple trading partners and more than one transaction per trade. Granted its dropped to only a couple transactions per trade which is wonderful but still speed is the issue.

MULTISIGNATURE EXCHANGE:
So this is one of my original ideas but again its not BLK exclusive. Basically the exchange holds the 2nd key to all joint accounts. Then users sign over transactions of SIGHASH SINGLE for their change which is blank checks basically where the exchange routes IOUs to the users. There is a couple problems, the same as BitSquare, there is still a security risk that the exchange can collude. And even without exchange collusion a hacker who gets exchange signing keys can effectively try double spending by getting involved in trades and defaulting. Its not as secure as it looks. Sure its 100 times more secure than a normal exchange but is it truly worth the effort?? And plus I have to take the liability of holding that exchange key. So I'm subject to the laws of governments who will say I'm holding the key and this added responsibility is very unattractive.
The advantage? Its fast.

LIGHTNING NETWORKS:
Again this is much like multisignature exchanges, this creates a "Mt. Box" for routing live daisy chained micropayments. The problem here is the same (and by the way Lightning networks look very insecure to me because of this). The exchange can simply collude with itself and withdraw pretending to be a trade partner. The only way to avert this threat is if the exchange had collateral in frozen coins which requires pegging so this is like ultra future tech. Also it requires crazy segwit, servers and tons of engineering.

I'm not entirely sure why everyone loves lightning networks so much. True its really brilliant engineering. But it gives too much power to the exchange. Since the exchange doesn't actually put up collateral you have access to, the only way to make "Segwit" work is with a pegging frozen coins system where Mt.Box is sitting on tons of frozen collateral so they have to be very wealthy to begin with and then use that as a deposit in case they collude.

Otherwise the only way to do P2P payment routing is by forming joint accounts with many people and using the lightning network principals with withdraw from those daisy chained payments and form multiple relationships and then it would never be "off the chain" it would only be less bloat and a little bit more P2P. That's the only trustless way. Of course you can always prune the blockchain and not care about bloat (bandwidth might be the bigger problem anyways which is why P2P options are more attractive). Then again there is always servers than can host all that data too. Is bloat the biggest problem or not? How many terabytes does facebook process a day? 500?

Lightning networks should not be a "Mt. Box / All the users" relationship it should be a daisy chained "all the wealthy users / routing payments to everyone else" kind of network. That is still P2P bloat free and it means settlement will happen all the time to form new relationships for missing joint partners. That I think would completely prevent collusion since in the case of the "rich users" example, they would put collateral. Of course Mt. Box can put collateral and should. Can we assume they will be holding any funds to begin with?


So you guys can give me your thoughts but I'm stuck. Thats why I'm just building out BlackHalo and waiting to see if it catches on before going and committing myself to another couple years of coding for no clear purpose(when it comes to NightTrader).

BlackHalo on the other hand is improved so much in the last year people should really try it. It will be 100% done for commercial use this year. Its already pretty commercial, but there are more templates and an api to finish.
 
hero member
Activity: 686
Merit: 500
Do you have blackcoin client on while trying to start Blackhalo?
No should i have it opened or not?
 No still have no changes and when my antivirus is disabled- ESET .System is win7 32bit, and i don't have troubles with wallet at all, syncing well and this happening very rarely. I had few problem with cgminer but this is not related with this i assume.

It shouldn't be running. I got this same exact error. I closed my Blackcoin QT and blackcoind started working.
hero member
Activity: 560
Merit: 500
Do you have blackcoin client on while trying to start Blackhalo?
No should i have it opened or not?
 No still have no changes and when my antivirus is disabled- ESET .System is win7 32bit, and i don't have troubles with wallet at all, syncing well and this happening very rarely. I had few problem with cgminer but this is not related with this i assume.
hero member
Activity: 686
Merit: 500
I have successfully installed Black Halo and everything went fine till i try to start. After i choose language and i have created two keys and after this appears this message.
 It say this is an conflict with antivirus or something, scrip just stopped with working..I would like to try this platform so help is needed, Thanks!


He is picture how this error look like:
https://i.imgur.com/M6iO4QX.jpg

Do you have blackcoin client on while trying to start Blackhalo?
hero member
Activity: 560
Merit: 500
He is picture how this error look like:
https://i.imgur.com/M6iO4QX.jpg

I think everything is explained well in that error message. I would try:

1. Run program as administrator

if that doesn't work:

2. Add program to antyvirus firewall

if that doesn't work:

3. Reinstall program into different folder (other than 'Program Files')
I'm not an expert but i have tried to run it as administrator at the first time i read it, must be something with antivirus will try to give it rights in firewall,
but he ask me when starting and i allowed it. Or maybe i simply change antivirus program, or disable security it for a one hour, i will see.
newbie
Activity: 8
Merit: 0
He is picture how this error look like:
https://i.imgur.com/M6iO4QX.jpg

I think everything is explained well in that error message. I would try:

1. Run program as administrator

if that doesn't work:

2. Add program to antyvirus firewall

if that doesn't work:

3. Reinstall program into different folder (other than 'Program Files')
hero member
Activity: 560
Merit: 500
I have successfully installed Black Halo and everything went fine till i try to start. After i choose language and i have created two keys and after this appears this message.
 It say this is an conflict with antivirus or something, scrip just stopped with working..I would like to try this platform so help is needed, Thanks!


He is picture how this error look like:
https://i.imgur.com/M6iO4QX.jpg
legendary
Activity: 2002
Merit: 1113
When will Blackhalo be finished? I'm also interested to know who are the members of dev team, and maybe Slack Invitation wont harm? I will put all on Black this time, already i can feel small of victory. For so long this was very undervalued coin.  We all together can contribute to this project, positivity is also very helpfull!

BlackHalo has been working for years. It was the worlds first smart contracting software (years before Ethereum) and it was the worlds first decentralized markets. Although people don't use the markets, they certainly work. It is integrated with BitHalo and you can switch coins at the click of a button. There are a few templates left to work on and staking but other than that, the client has been functional for years. It translates to 92 languages, has "pay to email" with steganography and like 100 other little features. Honestly I'm not sure why everyone doesn't use it. It should have replaced localbitcoins due to trustless p2p cash deals since there is no arbiter required (double deposit). It even has a price tracker in the cash for coins template so you don't have to chase market price. It can be used as a decentralized exchange. Just download it and see for yourself. I'm sure some of the guys on slack will walk you through a demo contract. As for devs there is  rat4, myself (3+ years and counting I'm the only dev working on BlackHalo), Janko who I think has also been here since the beginning, and maybe a couple others.

www.blackhalo.info

i think because people take coin and throws it in exchange when it pump..I think the majority have never opened a wallet of their life..but decentralisation market this is what will save the crypto world one day..In this case blk corner is well placed..good luck
member
Activity: 80
Merit: 10
When will Blackhalo be finished? I'm also interested to know who are the members of dev team, and maybe Slack Invitation wont harm? I will put all on Black this time, already i can feel small of victory. For so long this was very undervalued coin.  We all together can contribute to this project, positivity is also very helpfull!

BlackHalo has been working for years. It was the worlds first smart contracting software (years before Ethereum) and it was the worlds first decentralized markets. Although people don't use the markets, they certainly work. It is integrated with BitHalo and you can switch coins at the click of a button. There are a few templates left to work on and staking but other than that, the client has been functional for years. It translates to 92 languages, has "pay to email" with steganography and like 100 other little features. Honestly I'm not sure why everyone doesn't use it. It should have replaced localbitcoins due to trustless p2p cash deals since there is no arbiter required (double deposit). It even has a price tracker in the cash for coins template so you don't have to chase market price. It can be used as a decentralized exchange. Just download it and see for yourself. I'm sure some of the guys on slack will walk you through a demo contract. As for devs there is  rat4, myself (3+ years and counting I'm the only dev working on BlackHalo), Janko who I think has also been here since the beginning, and maybe a couple others.

www.blackhalo.info

I guess the other question is how much longer until nighttrader is finalized?
legendary
Activity: 1672
Merit: 1010
Rat4, are you okay? I hope you can appear here, the Chinese blackcoin community a lot of people want to know your message.

I'm alive and hope to resolve my real-life problems this summer.

Of course it will. As long as our russian developer RAT4 is not high on Vodka.

Currently I may not drink vodka.

Hi man!
An update for your community about POS 3? When will be ready?
Thanks!

POS 3 is already here and lots of coins have benefited from the BLK teams original dev work. Recent example is QTUM using POS 3 (might be of interest to BLK devs as they have mashed together PoS3.0, Bitcoin 0.13, & EVM - https://bitcointalksearch.org/topic/ann-qtum-a-scalable-smart-contract-platform-w-proof-of-stake-1720632)

Sad that there are so many big successful ICOs/crowdfunds now that have benefited from Blackcoin yet don't give anything back to the coin that made it possible for them Sad
sr. member
Activity: 329
Merit: 250
Rat4, are you okay? I hope you can appear here, the Chinese blackcoin community a lot of people want to know your message.

I'm alive and hope to resolve my real-life problems this summer.

Of course it will. As long as our russian developer RAT4 is not high on Vodka.

Currently I may not drink vodka.

Hi man!
An update for your community about POS 3? When will be ready?
Thanks!
sr. member
Activity: 1918
Merit: 268
20BET - Premium Casino & Sportsbook
please give a vote to blackcoin to MERCATOX trading site, I hope to add another trading site for blackcoin
https://mercatox.com/coins/list
legendary
Activity: 2412
Merit: 1044
When will Blackhalo be finished? I'm also interested to know who are the members of dev team, and maybe Slack Invitation wont harm? I will put all on Black this time, already i can feel small of victory. For so long this was very undervalued coin.  We all together can contribute to this project, positivity is also very helpfull!

BlackHalo has been working for years. It was the worlds first smart contracting software (years before Ethereum) and it was the worlds first decentralized markets. Although people don't use the markets, they certainly work. It is integrated with BitHalo and you can switch coins at the click of a button. There are a few templates left to work on and staking but other than that, the client has been functional for years. It translates to 92 languages, has "pay to email" with steganography and like 100 other little features. Honestly I'm not sure why everyone doesn't use it. It should have replaced localbitcoins due to trustless p2p cash deals since there is no arbiter required (double deposit). It even has a price tracker in the cash for coins template so you don't have to chase market price. It can be used as a decentralized exchange. Just download it and see for yourself. I'm sure some of the guys on slack will walk you through a demo contract. As for devs there is  rat4, myself (3+ years and counting I'm the only dev working on BlackHalo), Janko who I think has also been here since the beginning, and maybe a couple others.

www.blackhalo.info
sr. member
Activity: 291
Merit: 250
Rat4, are you okay? I hope you can appear here, the Chinese blackcoin community a lot of people want to know your message.


I am preparing to make a video of the marketing blackcoin, can I use your photos? and your information?

How is Chinese bagholders going? People screwed by the fake pump in mintpal, many bagholders hurt and left crypto world. R.I.P BLK.
newbie
Activity: 8
Merit: 0
to join slack: go to Blackcoin website blackcoin.co -> news -> slack -> join.
hero member
Activity: 560
Merit: 500
When will Blackhalo be finished? I'm also interested to know who are the members of dev team, and maybe Slack Invitation wont harm? I will put all on Black this time, already i can feel small of victory. For so long this was very undervalued coin.  We all together can contribute to this project, positivity is also very helpfull!
legendary
Activity: 2412
Merit: 1044
Sounds good, maybe I can figure out a way to use contracts as escrow.  Its not the kind of thing I do normally but I know there is a market for people who want some kind of assurance in service provision

Thanks for the info. If you can get hold of a screenshot of the code and PM me it that would be very handy indeed.


Ok Im repeating the same transaction, theres no limits this time so Im buying 1 gram gold.    Ive sent you details from the payblk app on android via PM as requested.


Just noticed my wallet says it has staked recently  and regularly in the past but the block explorer for the same address says it has not staked since early December but records receiving manually sent amounts.  I guess its not really staking then and thats an apparition just my end ?

You realize in BlackHalo the contracts are double deposit so the contract is unbreakable? Both parties deposit so you don't need an escrow agent. Its trustless two party escrow. Also there is decentralized markets in Blackcoins BlackHalo.
legendary
Activity: 2412
Merit: 1044
Rat4, are you okay? I hope you can appear here, the Chinese blackcoin community a lot of people want to know your message.

I'm alive and hope to resolve my real-life problems this summer.

Of course it will. As long as our russian developer RAT4 is not high on Vodka.

Currently I may not drink vodka.

Rat4 if you end up seeing this, I want to thank you for the staking commands in POS 3. This allows for my multisig stake, and a lot of cool custom stakes including easy voting.

Programmers are not allowed to have "real-life" experiences. Please tell me you are still a programmer?

Sometimes I go weeks without seeing another human. Its like being a Buddhist but lamer because I really want to set my computer on fire.

I'm testing voting in BlackHalo along with staking across multiple accounts. So the next release of BlackHalo should finally support staking.

Hopefully you find time to continue coding, are you still working on Blackcoin or have you moved on to other projects? Its nice to see you comment here, long time no talk. We always will add features in your absence.  Smiley
legendary
Activity: 1927
Merit: 1004
it's a shame that blk suffered because of that mintpal pump but it's a great coin. no premine,no ico ect. great development. i am amazed it hasn't risen a lot more yet.

 it's about time people started supporting the old tested and reliable coins instead of jumping on the next thing out that lets face it, are usually scams. support blk and lets get it back to where it should be. i am not a bag holder by the way. i only hold btc
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