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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1195. (Read 2510302 times)

sr. member
Activity: 245
Merit: 250
PSA this is the Blackcoin thread for all those who have trouble with reading.

I understand you're bagholders in other coins, but trying to dump your shit on us in the blackcoin thread is in poor taste.

Trying to say I am dumping shit on your thread is in poor taste.. my lord.. you guys are so defensive. And that is pretty much entirely my point, if this is the blackcoin thread- stop talking about mintcoin. the only time i talk about mintcoin is when somebody here says something untrue or uncalled for about mintcoin...

I didn't quote those because they were besides the point.. And i intend not to explain what the point was again. Make love and peace, not war. It's useless anyway; people that are going to invest in one or another coin are likely to do a little backgroundcheck on their future investments. Based on that, they will likely form an opinion on wether or not to buy a coin. At least i did.

Therefore i suggest that before you quote others about irrelevant or allready solved problems, you do some investigating on wether or not ur quoting for truth or just to cause a stirr.
hero member
Activity: 868
Merit: 1000
PSA this is the Blackcoin thread for all those who have trouble with reading.

I understand you're bagholders in other coins, but trying to dump your shit on us in the blackcoin thread is in poor taste.

Trying to say I am dumping shit on your thread is in poor taste.. my lord.. you guys are so defensive. And that is pretty much entirely my point, if this is the blackcoin thread- stop talking about mintcoin. the only time i talk about mintcoin is when somebody here says something untrue or uncalled for about mintcoin...

so you are saying this is FUD:

"You are right! blackcoin would make an excellent store of wealth (deflationary, like real world stores of value such as gold/silver/precious metals in general), mintcoin would be an excellent currency for everyday trading and adoption (inflationary, like every "real world" currency). this is why i have invested in both (omg how could i?). +5000 MINT for you!!! shit, wait, you don't have a mintcoin address.. Sorry wrong forum, I saw the word mintcoin and thought I was on that forum again. Do you guys ever stop talking about mintcoin or can we start focusing on blackcoin, please? "

You are saying complimenting BC is FUD? Or just because I compliment another coin too, it is now FUD? Because I point out exactly what you just pointed out (that this is a blackcoin thread and mintcoin should not be mentioned here so much) it is FUD?
sr. member
Activity: 1414
Merit: 265
Pepemo.vip
PSA this is the Blackcoin thread for all those who have trouble with reading.

I understand you're bagholders in other coins, but trying to dump your shit on us in the blackcoin thread is in poor taste.
hero member
Activity: 868
Merit: 1000
I have both mintcoin and blackcoin (and a little of many other coins) and read both of these threads throughout the day. Just saying that there is constant references in both, Stormia. Just on the last page on the mint thread someone posted about how bc volume was dying because they know where the real value is and if there's a 14 sat rise it will overtake bc. Then the next post was about how mint's staking was so much better etc. Every few pages back there's more comparisons.

I'm new to altcoins (heck cryptocurrencies in general) but all the bickering and hostility just seems so unnecessary.  Undecided

Couldn't agree more, thanks.

really? because the way you shot down my post seems to imply otherwise.

oh by the way here is the continuation of the conversation you quoted from me, where I thank the community for the response and move on:

im still on the fence


can someone explain how this stops someone from generating lots of PoS blocks 20 days in the future from a bunch of TX's with small interval, whether through one or multiple wallets

Code:
ss << nStakeModifier;
ss << nTimeBlockFrom << nTxPrevOffset << txPrev.nTime << prevout.n << nTimeTx;
hashProofOfStake = Hash(ss.begin(), ss.end());
if(CBigNum(hashProofOfStake) > bnCoinDayWeight * bnTargetPerCoinDay)
    return false;


im not well enough versed with the code to know what these variable names imply
i have discovered a flaw with current PoS implementation

you can easily do a 51% attack with PoS blocks without needing large holdings

since PoS blocks are generated on a coin age basis, you could create TXO's delayed by a time offset at the minimum TXO cost for a future attack period

so after creating 10000 TXO of 1 MINT separated by 0.5 seconds to make sure 60 consecutive blocks are generated at repeated interval by your wallet 20 days in the future, the attack would last 1 hour and 40 minutes

enough to put the security and function of a coin in question



couple that with the fact the difficulty calculation includes PoS blocks, that would mean difficulty would jump to stratospheric levels making it impossible to mine PoW blocks

are people really not concerned about this?


YOU CAN 51% ATTACK ANY POS COIN WITHOUT THE NEED FOR 51% OF SUPPLY OR ANY PoW HASHRATE AT ALL

Hi all. Just thought I'd share some of the joy we've been dealing with on the Mintcoin thread. Have a good night.

Check our code i'd say Smiley

No explanation? I'm not computer savvy enough to get the answer from the code myself so I was hoping somebody who knows the blackcoin code could explain. It seems that this type of attack is prevented by hybrid PoW/PoS since the PoW blocks have a different and independent difficulty algorithm from the PoS blocks, and you cannot predict with any certainty what the next block in the chain will be (trying to build x consecutive PoS blocks to form an attack with would be interrupted by the generation of a valid PoW block). If that is true, I still don't understand how a pure PoS coin would deal with this. I've got a lot of money invested in this coin and other PoS coins so I would like to know my money is safe, and I would appreciate a concrete answer other than "your money is safe" or "we've figured out how to prevent that" because I'm the type of person that only trusts something if I understand why.

This flaw was addressed by the author of PoS, Sunny King, earlier this year:

Official release build is now available http://www.ppcoin.org/ (via sourceforge)

What's in 0.3.0 release:

Stake generation protocol upgrade (protocol switch March 20th)
Qt UI support
Fix compatibility with vanitygen (note: private keys dumped in v0.2 is no longer importable into v0.3.0, must dump again from v0.3.0 client)
Miscellaneous bug fixes and improvements

The protocol upgrade in 0.3.0 includes a new algorithm to derive proof-of-stake hash modifier, the entity that scrambles computation for stake owners, which replaces the current proof-of-stake difficulty used as modifier in 0.2 protocol. The design was started late September last year, when I first began to realize the issues with using difficulty as modifier. Honorary mention also goes to Jutarul, who independently discovered and verified an issue with using difficulty as modifier and published on bitcointalk in December last year, while successfully executed a demo attack on the block chain. Other changes in the protocol include starting hash weight from 0 at the 30-day mininum age, and requirement that coinstake timestamp must equal block timestamp. Overall 0.3 protocol should significantly strengthen the proof-of-stake protection and resolve the current known vulnerabilities.

My sincere appreciation to co-contributors of 0.3.0 release:

Robert VanHazinga of Hartland PC (dreamwatcher) for the vanitygen compatibility fix
Jutarul for demonstrating stake generation vulnerability
EskimoBob for reporting issue fixed in 0.3.0

+1 thank you for quick and helpful response
sr. member
Activity: 245
Merit: 250
I have both mintcoin and blackcoin (and a little of many other coins) and read both of these threads throughout the day. Just saying that there is constant references in both, Stormia. Just on the last page on the mint thread someone posted about how bc volume was dying because they know where the real value is and if there's a 14 sat rise it will overtake bc. Then the next post was about how mint's staking was so much better etc. Every few pages back there's more comparisons.

I'm new to altcoins (heck cryptocurrencies in general) but all the bickering and hostility just seems so unnecessary.  Undecided

Couldn't agree more, thanks.
hero member
Activity: 868
Merit: 1000
Yes, please if anybody here can explain this it would be great for ALL PoS coins.

im still on the fence


can someone explain how this stops someone from generating lots of PoS blocks 20 days in the future from a bunch of TX's with small interval, whether through one or multiple wallets

Code:
ss << nStakeModifier;
ss << nTimeBlockFrom << nTxPrevOffset << txPrev.nTime << prevout.n << nTimeTx;
hashProofOfStake = Hash(ss.begin(), ss.end());
if(CBigNum(hashProofOfStake) > bnCoinDayWeight * bnTargetPerCoinDay)
    return false;


im not well enough versed with the code to know what these variable names imply

Pllllease somebody, this is important for every PoS coin out there.

ur not? ok.

Uhm, yeah I asked a question and as soon as members of this community answered it I said "thanks" and moved on. Sorry for pointing out a possible security flaw for PoS coins that somebody brought to my attention? I didn't continue to spread any FUD about the security flaw, I was pleased with the answer people from the community provided (why don't you provide those quotes?). There was another person on here earlier who was continually asking about a 'security flaw' without providing any specifics and who didn't stop asking even after people responded and that wasn't me.
sr. member
Activity: 294
Merit: 250
★Trash&Burn [TBC/TXB]★
I have both mintcoin and blackcoin (and a little of many other coins) and read both of these threads throughout the day. Just saying that there is constant references in both, Stormia. Just on the last page on the mint thread someone posted about how bc volume was dying because they know where the real value is and if there's a 14 sat rise it will overtake bc. Then the next post was about how mint's staking was so much better etc. Every few pages back there's more comparisons.

I'm new to altcoins (heck cryptocurrencies in general) but all the bickering and hostility just seems so unnecessary.  Undecided
newbie
Activity: 14
Merit: 0
I'm new in the Alt coins and discovered the BlackCoin, looks really promising so bought myself some coins today.
Keep up the good work and hopefully this will be a very big succes.
This is a bright future!
Worth the investment!
sr. member
Activity: 245
Merit: 250
Yes, please if anybody here can explain this it would be great for ALL PoS coins.

im still on the fence


can someone explain how this stops someone from generating lots of PoS blocks 20 days in the future from a bunch of TX's with small interval, whether through one or multiple wallets

Code:
ss << nStakeModifier;
ss << nTimeBlockFrom << nTxPrevOffset << txPrev.nTime << prevout.n << nTimeTx;
hashProofOfStake = Hash(ss.begin(), ss.end());
if(CBigNum(hashProofOfStake) > bnCoinDayWeight * bnTargetPerCoinDay)
    return false;


im not well enough versed with the code to know what these variable names imply

Pllllease somebody, this is important for every PoS coin out there.

Wow. How is anything I said FUD? "You are right! blackcoin would make an excellent store of wealth (deflationary, like real world stores of value such as gold/silver/precious metals in general)" seems pretty positive to me. so saying something positive about another coin as well as BC is considered FUD? Pointing out that people can't stop bashing mintcoin (and therefore can't stop drawing attention to it) is FUD? I am invested in both, so I will promote both. Not trying to spread FUD about either. Also, I am not the one who was qq-ing over a 'security-bug' earlier- please go back and read the thread.

ur not? ok.
hero member
Activity: 868
Merit: 1000
I have an honest question.

To an investor in wall street how can i explain in a single powerpoint slide why Blackcoin has bigger Market Cap than Mintcoin, they have same features. Mint was released 10 days before and is hybrid POW/POS, to an outsider they are practicaly the same

Im conducting investing rounds, i now FAST/POS is the future and i need your side of the story, for an possible investment.

Thanks.


Hi Gonzoucab, Seems the thread got some new trolls 8(
Let me throw a few things out there...
Investing in a coin is more like investing in the community. Little or no community support = dead coin. A quick check would be forums/date thread
started to how many pages posted like here (feb 16 to today = 42days - 565 pages = 13.4 pages a day = quit busy), a random stop to see how many & how active irc is.

Next would be liquidity, you can have a bajillion coins but if its thinly traded or theres already a long line to get out the door it aint gonna work. Again if a bajillion are minted = less rare = harder to make the price rise = less profits.

IMO Blackcoin comes up Aces in all these areas.

Mintcoin has massively high inflation like doge. much higher supply.

Blackcoin has 1% inflation and is currently the lowest coin in the world...

there are many more positives that favor blackcoin but this is really the bottom line for me.

Blackcoin is the gold of the cryptoworld. good for storing wealth for long periods of time, or at least once it is more established.

I see this coint at 5 dollars within 6 months, it is a coin people will notice. It is currently holding a 10 times increase from 2 weeks ago on very good volume. Get in or miss the next leg up...

You are right! blackcoin would make an excellent store of wealth (deflationary, like real world stores of value such as gold/silver/precious metals in general), mintcoin would be an excellent currency for everyday trading and adoption (inflationary, like every "real world" currency). this is why i have invested in both (omg how could i?). +5000 MINT for you!!! shit, wait, you don't have a mintcoin address.. Sorry wrong forum, I saw the word mintcoin and thought I was on that forum again. Do you guys ever stop talking about mintcoin or can we start focusing on blackcoin, please?

qq? Dude asks a question, he gets an answer. Can you please stop whining all over this thread lol. It's getting very tiring to scroll past all that FUD. Yesterday you come in here qq-ing over a 'security-bug' that's been solved long time ago. Now u start qq-ing about other stuff. Go post ur BC FUD in mintcoin topic please; i'd be much obliged.

Wow. How is anything I said FUD? "You are right! blackcoin would make an excellent store of wealth (deflationary, like real world stores of value such as gold/silver/precious metals in general)" seems pretty positive to me. so saying something positive about another coin as well as BC is considered FUD? Pointing out that people can't stop bashing mintcoin (and therefore can't stop drawing attention to it) is FUD? I am invested in both, so I will promote both. Not trying to spread FUD about either. Also, I am not the one who was qq-ing over a 'security-bug' earlier- please go back and read the thread.
sr. member
Activity: 245
Merit: 250
I have an honest question.

To an investor in wall street how can i explain in a single powerpoint slide why Blackcoin has bigger Market Cap than Mintcoin, they have same features. Mint was released 10 days before and is hybrid POW/POS, to an outsider they are practicaly the same

Im conducting investing rounds, i now FAST/POS is the future and i need your side of the story, for an possible investment.

Thanks.


Hi Gonzoucab, Seems the thread got some new trolls 8(
Let me throw a few things out there...
Investing in a coin is more like investing in the community. Little or no community support = dead coin. A quick check would be forums/date thread
started to how many pages posted like here (feb 16 to today = 42days - 565 pages = 13.4 pages a day = quit busy), a random stop to see how many & how active irc is.

Next would be liquidity, you can have a bajillion coins but if its thinly traded or theres already a long line to get out the door it aint gonna work. Again if a bajillion are minted = less rare = harder to make the price rise = less profits.

IMO Blackcoin comes up Aces in all these areas.

Mintcoin has massively high inflation like doge. much higher supply.

Blackcoin has 1% inflation and is currently the lowest coin in the world...

there are many more positives that favor blackcoin but this is really the bottom line for me.

Blackcoin is the gold of the cryptoworld. good for storing wealth for long periods of time, or at least once it is more established.

I see this coint at 5 dollars within 6 months, it is a coin people will notice. It is currently holding a 10 times increase from 2 weeks ago on very good volume. Get in or miss the next leg up...

You are right! blackcoin would make an excellent store of wealth (deflationary, like real world stores of value such as gold/silver/precious metals in general), mintcoin would be an excellent currency for everyday trading and adoption (inflationary, like every "real world" currency). this is why i have invested in both (omg how could i?). +5000 MINT for you!!! shit, wait, you don't have a mintcoin address.. Sorry wrong forum, I saw the word mintcoin and thought I was on that forum again. Do you guys ever stop talking about mintcoin or can we start focusing on blackcoin, please?

qq? Dude asks a question, he gets an answer. Can you please stop whining all over this thread lol. It's getting very tiring to scroll past all that FUD. Yesterday you come in here qq-ing over a 'security-bug' that's been solved long time ago. Now u start qq-ing about other stuff. Go post ur BC FUD in mintcoin topic please; i'd be much obliged.
hero member
Activity: 868
Merit: 1000
I have an honest question.

To an investor in wall street how can i explain in a single powerpoint slide why Blackcoin has bigger Market Cap than Mintcoin, they have same features. Mint was released 10 days before and is hybrid POW/POS, to an outsider they are practicaly the same

Im conducting investing rounds, i now FAST/POS is the future and i need your side of the story, for an possible investment.

Thanks.


Hi Gonzoucab, Seems the thread got some new trolls 8(
Let me throw a few things out there...
Investing in a coin is more like investing in the community. Little or no community support = dead coin. A quick check would be forums/date thread
started to how many pages posted like here (feb 16 to today = 42days - 565 pages = 13.4 pages a day = quit busy), a random stop to see how many & how active irc is.

Next would be liquidity, you can have a bajillion coins but if its thinly traded or theres already a long line to get out the door it aint gonna work. Again if a bajillion are minted = less rare = harder to make the price rise = less profits.

IMO Blackcoin comes up Aces in all these areas.

Mintcoin has massively high inflation like doge. much higher supply.

Blackcoin has 1% inflation and is currently the lowest coin in the world...

there are many more positives that favor blackcoin but this is really the bottom line for me.

Blackcoin is the gold of the cryptoworld. good for storing wealth for long periods of time, or at least once it is more established.

I see this coint at 5 dollars within 6 months, it is a coin people will notice. It is currently holding a 10 times increase from 2 weeks ago on very good volume. Get in or miss the next leg up...

You are right! blackcoin would make an excellent store of wealth (deflationary, like real world stores of value such as gold/silver/precious metals in general), mintcoin would be an excellent currency for everyday trading and adoption (inflationary, like every "real world" currency). this is why i have invested in both (omg how could i?). +5000 MINT for you!!! shit, wait, you don't have a mintcoin address.. Sorry wrong forum, I saw the word mintcoin and thought I was on that forum again. Do you guys ever stop talking about mintcoin or can we start focusing on blackcoin, please?
sr. member
Activity: 1414
Merit: 265
Pepemo.vip
I have an honest question.

To an investor in wall street how can i explain in a single powerpoint slide why Blackcoin has bigger Market Cap than Mintcoin, they have same features. Mint was released 10 days before and is hybrid POW/POS, to an outsider they are practicaly the same

Im conducting investing rounds, i now FAST/POS is the future and i need your side of the story, for an possible investment.

Thanks.


Hi Gonzoucab, Seems the thread got some new trolls 8(
Let me throw a few things out there...
Investing in a coin is more like investing in the community. Little or no community support = dead coin. A quick check would be forums/date thread
started to how many pages posted like here (feb 16 to today = 42days - 565 pages = 13.4 pages a day = quit busy), a random stop to see how many & how active irc is.

Next would be liquidity, you can have a bajillion coins but if its thinly traded or theres already a long line to get out the door it aint gonna work. Again if a bajillion are minted = less rare = harder to make the price rise = less profits.

IMO Blackcoin comes up Aces in all these areas.

Mintcoin has massively high inflation like doge. much higher supply.

Blackcoin has 1% inflation and is currently the lowest coin in the world...

there are many more positives that favor blackcoin but this is really the bottom line for me.

Blackcoin is the gold of the cryptoworld. good for storing wealth for long periods of time, or at least once it is more established.

I see this coint at 5 dollars within 6 months, it is a coin people will notice. It is currently holding a 10 times increase from 2 weeks ago on very good volume. Get in or miss the next leg up...
sr. member
Activity: 440
Merit: 250
really good coin.the price is good.
sr. member
Activity: 1414
Merit: 265
Pepemo.vip
Nobody can predict anything about the future, but look at the future of other altcoins , long years of mining and inflation ahead , it does not exist for blackcoin .

Even the bitcoin is a super new thing is only is 5 years old ...

The multipools are absorbing other altcoins to inject capital into blackcoin , this will increase its market value gradually I am not the most optimistic here, but do not make some mistake , but If you are just a little realistic, the future of blackcoin is great.

Here are some of the future possibilities of blackcoin here 1 year .

1 - Imagine the price of bitcoin remains stable at $ 500.00 for an entire year (365 days) .

If we have a trading volume of 100Btc/dia in blackcoin we wil have in 1 year .

100Btc x 365 days = 36500 Btc ( $ 18,250.00 )

The market value is $ 2,402,213 Today , I'm talking about a plausible increase of 7.5x in the worst case, this value can be exponentially higher ,  if we keep an average of 300Btc / day, the amount rises dramatically .

300Btc x 365 days = 36500 Btc ( $ 54,750.000,00 )

Do not forget we only have $ 54,750.000,00 / 74,492,350 BC =  ($ 0,73 each BC)

Blackcoin has a higher potencial its more than $ 1.00 in a  couple of years.


Sorry for my bad enghish, I am from Brazil.

the multipool is doing a great job, but remember that not everyone that is interested is on the multipool. I am mining direct to a pool and selling as it comes in throughout the day. I like the payouts throughout the day, not the single payment. Its more work but thats what I like.

the actual hashrate mining and dumping btc into BC is least 2-3 times whatever is on the multipool, if not 5-10 times.

full member
Activity: 171
Merit: 100
I have an honest question.

To an investor in wall street how can i explain in a single powerpoint slide why Blackcoin has bigger Market Cap than Mintcoin, they have same features. Mint was released 10 days before and is hybrid POW/POS, to an outsider they are practicaly the same

Im conducting investing rounds, i now FAST/POS is the future and i need your side of the story, for an possible investment.

Thanks.


Hi Gonzoucab, Seems the thread got some new trolls 8(
Let me throw a few things out there...
Investing in a coin is more like investing in the community. Little or no community support = dead coin. A quick check would be forums/date thread
started to how many pages posted like here (feb 16 to today = 42days - 565 pages = 13.4 pages a day = quit busy), a random stop to see how many & how active irc is.

Next would be liquidity, you can have a bajillion coins but if its thinly traded or theres already a long line to get out the door it aint gonna work. Again if a bajillion are minted = less rare = harder to make the price rise = less profits.

IMO Blackcoin comes up Aces in all these areas.
full member
Activity: 238
Merit: 100
Anyone know how to fix my problem?

Sent over 6300 BC's to my wallet (just downloaded it fresh from the website for the first time) about a week ago.

All 6300+ of my BC's are listed under the Stake: portion of my wallet and not the Balance: amount, as such I cannot withdraw them or do anything with them. I've tried unlocking the wallet to Stake but they're still stuck under Stake:

Has several thousand confirms, so I have no clue what to do next...

If you have thousands of confirms it should be done staking, it only take 510 confirms. Can you post a screenshot of your transactions page?  Does the stake transaction have a clock by it? Or a checkmark? Or a questionmark?

Go to the debug console and type checkwallet  and see if it replies
{
"wallet check passed" : true
}

If it is false do repairwallet.

legendary
Activity: 1400
Merit: 1000
Anyone know how to fix my problem?

Sent over 6300 BC's to my wallet (just downloaded it fresh from the website for the first time) about a week ago.

All 6300+ of my BC's are listed under the Stake: portion of my wallet and not the Balance: amount, as such I cannot withdraw them or do anything with them. I've tried unlocking the wallet to Stake but they're still stuck under Stake:

Has several thousand confirms, so I have no clue what to do next...

You have to wait until the stake is over. Could be hours.

In future if you don't want stake just lock your wallet or reserve an amount.
newbie
Activity: 26
Merit: 0
Anyone know how to fix my problem?

Sent over 6300 BC's to my wallet (just downloaded it fresh from the website for the first time) about a week ago.

All 6300+ of my BC's are listed under the Stake: portion of my wallet and not the Balance: amount, as such I cannot withdraw them or do anything with them. I've tried unlocking the wallet to Stake but they're still stuck under Stake:

Has several thousand confirms, so I have no clue what to do next...
legendary
Activity: 1400
Merit: 1000
@mellomike

Sorry if you are not the person for blackcoinminer. But wanted to find out how long does it take to show other coins being mined?

Wanted to give this pool a shot to spread the hash rate. Been mining for over 1/2 an hour and nothing showing up.

I double checked the stratum and port and wallet. Everything is correct. Also I get a ton of rejects. Around 80-85% accepted so far. Is this normal?

just tried it, I'm not getting rejects. I do know it takes about an hour to show up the coins being mined

Thanks for responding. I was gonna bail. Thought I was hashing for the fun of it.

My accepted shares are rising slowly They are all above 85% now. Not sure if when they switch coins that it causes the booo's.
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