[ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1319.

btcprice

sr. member

Activity: 434

Merit: 250

Quote from: kennyss on March 23, 2014, 03:06:21 PM

hey!!
new market for Blackcoin!! Shocked

proffesional trading platform (protrader for crypto! Shocked

)
BC pair BC\ltc, BC\btc, BC\clr , BC\xpr
Please use the promo code 1205 or link https://upbit.org/?ref=1205
not ref link https://upbit.org/
thx Roll Eyes

support skype "support-upbit" (Swissland)

The Swiss have always been good at trading valuables, whether it be currency or gold or other valuables.

kennyss

full member

Activity: 130

Merit: 100

Quote from: jamieb81 on March 23, 2014, 03:08:29 PM

Hmm russian exchange? looking at how Russia is agains Crytpo I would be careful

this exchange located
Plinada Commerce Inc. 14E, Salaminos Street,
Limassol, Cyprus, email: [email protected]
russian dev

pls use my ref link https://upbit.org/?ref=1205
not ref https://upbit.org

Gabkicks

newbie

Activity: 18

Merit: 0

i see some sell orders going in for much lower than the highest buy order...wtf ? maybe they are just accidentally selling low .

PeterPalmBeach

sr. member

Activity: 336

Merit: 250

SellALL, BuyBTC

Quote from: ThePatient on March 23, 2014, 03:25:32 PM

Is it possible for BC to reach .01 btc?

With time, community, commitment, acceptance etc... YES it can and I think it will.

ThePatient

sr. member

Activity: 574

Merit: 250

Is it possible for BC to reach .01 btc?

jamieb81

sr. member

Activity: 308

Merit: 250

downward price trend of BC right now on mintpal? people hold your coins!

MintPal-Jason

newbie

Activity: 11

Merit: 0

Quote from: litecoinbc on March 23, 2014, 03:20:06 PM

Quote from: MintPal on March 23, 2014, 03:15:57 PM

This coin is excellent and innovative, no wonder why this is on our exchange at this moment

Verified MintPal account or scam account starting?

It's a scam account & has been reported. The only verified accounts are MintPal-Jason & MintPal-Jay

Thanks

freshmeat

member

Activity: 98

Merit: 10

i have never seen a starting moon altcoin like that omfg !!

litecoinbc

newbie

Activity: 57

Merit: 0

Quote from: MintPal on March 23, 2014, 03:15:57 PM

This coin is excellent and innovative, no wonder why this is on our exchange at this moment

Verified MintPal account or scam account starting?

v1l3n1n2

member

Activity: 101

Merit: 10

Quote from: IconicExpert on March 23, 2014, 02:45:35 PM

Hi All! I know everyone is excited by the growth of BlackCoin. Many of us have supported the coin from day one and have predicted it will be successful. I know everyone has predicted numerous targets, but I do believe based on other coins with similar volume and community support, it will settle around $5-$8 USD. However, how quick this happens depends on a few things that is suppressing BlackCoin's growth. A successful coin must be bought and sold to keep momentum going, but we do not have to try and undercut each other to make a profit.

1.) If you are going to sell your coins do not try and undercut your fellow sellers. If you see a sell order for 0.00005337, you do not have to set your sell order to 0.00005336. A few sat do not matter either way. However, undercutting your fellow sellers usually starts a race to the bottom because the next seller sets his/her sell order to 0.00005335 and next thing you know we are down 200 sat because of greed and lack of patience. If you set your sell order higher than the current sell order it WILL be bought, just have a little patience.

2.) Please stop trying to unload a bunch of BlackCoins in one sell order. When buyers see a large sell order of 2 BTC and above they think a dump is coming and are hesitant to buy. Break your orders up into smaller chunks. It is better for you and the community in a whole.

3.) Don't stop buying BlackCoin. Even if you only buy 10- 100 coins every now and then, it keeps the momentum and volume up. If people think a coin is stagnant they will just start dumping the coin. Although I hold a considerable amount of BlackCoins, I still buy a few every day to keep the momentum going.

Thats sound like a plan

jamieb81

sr. member

Activity: 308

Merit: 250

Quote from: ?? on ??

Quote from: jamieb81 on March 23, 2014, 03:08:29 PM

Hmm russian exchange? looking at how Russia is agains Crytpo I would be careful

BTCe is russian ..i was always nervous about BTCE but after 2 years never had any single problem with it ..and ones who were "From the west" became scum like coinmarket.io and off course mtgox

fair enough yes

MintPal

newbie

Activity: 1

Merit: 0

This coin is excellent and innovative, no wonder why this is on our exchange at this moment

dzonikg28

hero member

Activity: 1106

Merit: 508

Bisq Market Day - March 20th 2023

Waiting for the price to drop Cheesy

x0rcist

full member

Activity: 238

Merit: 100

Quote from: l4p7 on March 23, 2014, 02:03:47 PM

Quote from: Jabulon on March 23, 2014, 01:43:22 PM

Quote from: l4p7 on March 23, 2014, 01:42:24 PM

Quote from: Jabulon on March 23, 2014, 01:39:28 PM

Quote from: mr_random on March 23, 2014, 01:37:02 PM

Quote from: l4p7 on March 23, 2014, 01:26:43 PM

Quote from: mr_random on March 23, 2014, 01:16:03 PM

Quote from: l4p7 on March 23, 2014, 01:06:34 PM

Simple question: What makes blackcoin substantially and essentially diffferent from peercoin, novacoin and mintcoin?

Assuming this is a legitimate question and not a trolling attempt.

Peercoin and Novacoin are a hyrbid of proof of work and proof of stake. Blackcoin is proof of stake only making it more environmentally friendly.

Mintcoin is similar to Blackcoin except it's premined and the proof of stake rate of interest is 20% rather than Blackcoin's 1%. 20% interest rate is too high for various reasons discussed already.

It's more than technical specifications that make a coin though. Otherwise Litecoin would have the same market cap as Bitcoin. It's also community support and the quality of the dev team (blackcoin has a great one as demonstrated by the blackcoin multicoin concept being pioneered).

I am not troling. I am beeing a potential investors understanding his investments and asking questions for that purpose.
So...

Where does the POS code come from? I assume it is based on PPC?
There was a reason (security reasons) why PPC does not rely on POS completely and not that quick. Did Mintcion/Blackcoin overcome this?

I'm not a coin dev so can't answer that with authority. I read someone else say on here that the Blackcoin code is using a modified version of PPCoin's staking algorithm. However I don't know how accurate that statement is (he seemed to know what he was talking about but I lack the knowledge to verify it).

Sunny the PPC dev brilliant though he is has always been vague about PPC and it's security issues.

Understood. To my knowledge, Sunny King sorted the matter out already over a month ago. To wit:

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

You mean that PPC has solved the security issues and now could works as pure POS too?

That is my understanding.

Then my initial question is still valid. What specifically is better about Blockcoin compared to PPC?

PPC generates a lot of new Proof of Work coins each day, if these are sold directly PPC needs a lot of BTC each day to sustain the price. With blackcoin the inflation is only 1% per year so it needs a much lower daily flow of BTC to keep the price steady. This is the biggest advantage of BC over PPC. Also dont forget the energy efficient part as there is no need for a expensive miner rig to generate new coins.

jamieb81

sr. member

Activity: 308

Merit: 250

Hmm russian exchange? looking at how Russia is agains Crytpo I would be careful

roguenine

newbie

Activity: 19

Merit: 0

Sigh. Missing that 75,000 I traded for mintcoin a couple weeks ago more than ever right now Sad

kennyss

full member

Activity: 130

Merit: 100

hey!!
new market for Blackcoin!! Shocked

proffesional trading platform (protrader for crypto! Shocked

)
BC pair BC\ltc, BC\btc, BC\clr , BC\xpr
Please use the promo code 1205 or link https://upbit.org/?ref=1205
not ref link https://upbit.org/
thx Roll Eyes

support skype "support-upbit" (Swissland)

machinez

member

Activity: 61

Merit: 10

Quote from: Lokken86 on March 23, 2014, 02:47:50 PM

Quote from: PeterPalmBeach on March 23, 2014, 02:45:49 PM

Quote from: Lokken86 on March 23, 2014, 02:45:02 PM

And the inevitable dump......

Temporary....

I know. But It cant just keep skyrocketing and I don't want it too either. My bet is we will see 3500/4000 again for a short while and over 6000/7000 on the next big push.

in case the dumpers didnt read, i'll requote this from the dev log

"We are currently pretty much ready to go open beta, the only thing stopping us right now, is that the team is exhausted (8 AM eastern here, some of our guys pulled 14-15 hours today.) Since we want to closely monitor open beta and have staff on hand to mitigate any issues, we have decided to postpone Open Beta till some time Sunday-- however we do plan on running it for all of next week in open mode (this may change, but right now this is the plan.) "

i'm hoping it will be reopen sometime today Tongue

dickfever

newbie

Activity: 10

Merit: 0

loving this coin, great community, great devs. this is some moonish sheeeet right here Wink

machinez

member

Activity: 61

Merit: 10

mintpal price is way too low. Poloniex is already at 0.00006150 Tongue

Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1319. (Read 2509934 times)