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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 139. (Read 2510379 times)

legendary
Activity: 924
Merit: 1000
What is the final amount of blackcoins to ever be in circulation?

1.5 BLK/minute , 2160 BLK/day, 788400 BLK/year
in 100 years from now 154264359 BLK

final amount ∞
full member
Activity: 162
Merit: 100
When I'm in the black richlist, look at the top 100
I keep asking myself why so few people staken,
you all have too much money? 5% interest too little?
please catch on to staking and sends me the coins collected


I would be very happy Grin Grin Grin Grin

BMvBizGo5QUyeRykkxh1882VA8YcXJjTHV
hero member
Activity: 896
Merit: 1000
Avatars are overrated.
Got my Blackcoin raspberry pi running. Now I just need to transfer balances over and stake! Great post on SDC zim. Put some confidence in me about your very own project so I bought some.
full member
Activity: 145
Merit: 132
do not wait for weekly updates, this is an old, stable and reliable coin

I'm not scared about investing in some old coin but if there is no much activity from dev team i can have some doubt in my decisions..I remember those day this thread was flourished, i had problems reading it because every minite new post was made..

Rat4 is still coding on the coin from time to time.  I have yet to see a better non PoW coin.

for example today
https://github.com/CoinBlack/blackcoin/commit/0b5a44b8d53b90d6188283f1fea07d24e18913f4
legendary
Activity: 1120
Merit: 1003
twet.ch/inv/62d7ae96
do not wait for weekly updates, this is an old, stable and reliable coin

I'm not scared about investing in some old coin but if there is no much activity from dev team i can have some doubt in my decisions..I remember those day this thread was flourished, i had problems reading it because every minite new post was made..

Rat4 is still coding on the coin from time to time.  I have yet to see a better non PoW coin.
sr. member
Activity: 308
Merit: 250
do not wait for weekly updates, this is an old, stable and reliable coin

I'm not scared about investing in some old coin but if there is no much activity from dev team i can have some doubt in my decisions..I remember those day this thread was flourished, i had problems reading it because every minite new post was made..
sr. member
Activity: 249
Merit: 250
Looks like exchanges can rule PoS coins (especially with cold staking) in the same way as mining pools rule PoW
sr. member
Activity: 430
Merit: 253
VeganAcademy
Is it a good thing when exchanges can stake using their cold wallets? This leads to concentration of staking power. A few exchanges (maybe even one) can "own" majority of the stake    

Static POS v3 reward is very good for those who support the blockchain through continuous staking and bad for exchanges with millions of coins
A static reward leads to a decreasing inflation rate and a decreasing reward rate.
https://nm.reddit.com/r/blackcoin/comments/3cfvaa/static_pos_reward_is_coming/


knew i remembered reading something to this effect.

staking cold nullifies these benefits, although agreed they are good in some other aspects.
legendary
Activity: 1400
Merit: 1001
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full member
Activity: 145
Merit: 132
Is it a good thing when exchanges can stake using their cold wallets? This leads to concentration of staking power. A few exchanges (maybe even one) can "own" majority of the stake    

Static POS v3 reward is very good for those who support the blockchain through continuous staking and bad for exchanges with millions of coins
A static reward leads to a decreasing inflation rate and a decreasing reward rate.
https://nm.reddit.com/r/blackcoin/comments/3cfvaa/static_pos_reward_is_coming/
sr. member
Activity: 249
Merit: 250
Is it a good thing when exchanges can stake using their cold wallets? This leads to concentration of staking power. A few exchanges (maybe even one) can "own" majority of the stake   
legendary
Activity: 2414
Merit: 1044
i thought the whole point of new PoS version and reward revision was so people would keep staking wallets online to secure the network.

i guess you still need a wallet online, but you can stake multiple large wallets from a single client now.

kinda defeats the purpose no?

The wallets ARE online. Its just that you can stake from multiple locations. This prevents people from hacking your account with keyloggers. Since with this method you can use 2 keys.

For example, you have a multisig account in Halo. You find a block, you then sign 1/2 send to the 2nd location (which could be an entirely different computer or device) and then sign the OTHER HALF.

Then that second location knows its a stake and will broadcast.

Imagine you can do this with a 10 of 10 multisig or even 80 out of 100. Thus you send the transaction with the kernel to your other locations they all sign it, when it gets enough sigs they broadcast.


ALSO, you can now stake manually by checking the kernel and putting the block signature in 6a with no value out. This means people can design their own staking and payout schemes easily.

In fact it even means you can make a multipool where ALL the members are part of a giant multisig where they all sign the discovered block and divide it based on their proportion by their vote.


There is so many awesome staking schemes here.


Heres another one: you can do a multipool custom staking and send out all blocks to checklocktimeverify freezing coins preventing selling until a predetermined time.

Great news.  Is this something unique to Blackcoin?

Yes only Blackcoin can do this because its POS 3... and even people who fork it wont have a native multisig client so most likely BlackHalo will be the only software capable of this.
legendary
Activity: 1120
Merit: 1003
twet.ch/inv/62d7ae96
i thought the whole point of new PoS version and reward revision was so people would keep staking wallets online to secure the network.

i guess you still need a wallet online, but you can stake multiple large wallets from a single client now.

kinda defeats the purpose no?

The wallets ARE online. Its just that you can stake from multiple locations. This prevents people from hacking your account with keyloggers. Since with this method you can use 2 keys.

For example, you have a multisig account in Halo. You find a block, you then sign 1/2 send to the 2nd location (which could be an entirely different computer or device) and then sign the OTHER HALF.

Then that second location knows its a stake and will broadcast.

Imagine you can do this with a 10 of 10 multisig or even 80 out of 100. Thus you send the transaction with the kernel to your other locations they all sign it, when it gets enough sigs they broadcast.


ALSO, you can now stake manually by checking the kernel and putting the block signature in 6a with no value out. This means people can design their own staking and payout schemes easily.

In fact it even means you can make a multipool where ALL the members are part of a giant multisig where they all sign the discovered block and divide it based on their proportion by their vote.


There is so many awesome staking schemes here.


Heres another one: you can do a multipool custom staking and send out all blocks to checklocktimeverify freezing coins preventing selling until a predetermined time.

Great news.  Is this something unique to Blackcoin?
legendary
Activity: 2414
Merit: 1044
i thought the whole point of new PoS version and reward revision was so people would keep staking wallets online to secure the network.

i guess you still need a wallet online, but you can stake multiple large wallets from a single client now.

kinda defeats the purpose no?

The wallets ARE online. Its just that you can stake from multiple locations. This prevents people from hacking your account with keyloggers. Since with this method you can use 2 keys.

For example, you have a multisig account in Halo. You find a block, you then sign 1/2 send to the 2nd location (which could be an entirely different computer or device) and then sign the OTHER HALF.

Then that second location knows its a stake and will broadcast.

Imagine you can do this with a 10 of 10 multisig or even 80 out of 100. Thus you send the transaction with the kernel to your other locations they all sign it, when it gets enough sigs they broadcast.


ALSO, you can now stake manually by checking the kernel and putting the block signature in 6a with no value out. This means people can design their own staking and payout schemes easily.

In fact it even means you can make a multipool where ALL the members are part of a giant multisig where they all sign the discovered block and divide it based on their proportion by their vote.


There is so many awesome staking schemes here.


Heres another one: you can do a multipool custom staking and send out all blocks to checklocktimeverify freezing coins preventing selling until a predetermined time.

Also this makes it easier to do decentralized voting schemes since miners can payout to a voting address, etc
sr. member
Activity: 430
Merit: 253
VeganAcademy
i thought the whole point of new PoS version and reward revision was so people would keep staking wallets online to secure the network.

i guess you still need a wallet online, but you can stake multiple large wallets from a single client now.

kinda defeats the purpose no?
legendary
Activity: 2414
Merit: 1044
BOOM! COLD STAKING!!

JUST STAKED FROM MULTISIGNATURE USING TWO KEYS BABY!

Now exchanges can stake from a cold wallet! And you guys will finally stake from BlackHalo if you want.

Transaction:
https://chainz.cryptoid.info/blk/tx.dws?6ef2849263110c5c6dc6443766be883ea1798851cba45ad6eda9903ba283762c.htm
sr. member
Activity: 1009
Merit: 261
According to the twittersphere, BLK should pump later today or this week

Huh

you ask why?  watch the FUD starting (ex. 2 posts above) and the next ones to follow...
that's your clue to the incoming pump
 Wink

Not so much why re:pump ( it's long overdue ), as querying the reference to 'twittersphere' ( I haven't seen any of that ) ...
legendary
Activity: 1111
Merit: 1000
crypto-enthusiast since 2012
It's not FUD

It's not HYPE as you are intending, as well

It's just sadly a matter of FACTS


Also, why bother listening to someone's so-called advices, when those are litterally jumping on every possible shitcoin

butthurt much?
 Cheesy
full member
Activity: 254
Merit: 102
It's not FUD

It's not HYPE as you are intending, as well

It's just sadly a matter of FACTS


Also, why bother listening to someone's so-called advices, when those are litterally jumping on every possible shitcoin
legendary
Activity: 1111
Merit: 1000
crypto-enthusiast since 2012
According to the twittersphere, BLK should pump later today or this week

Huh

you ask why?  watch the FUD starting (ex. 2 posts above) and the next ones to follow...
that's your clue to the incoming pump
 Wink
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