Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 14. (Read 2509671 times)

Hey rat4, can I suggest not to use the Jelurida license as it isn't OSD compliant? This will make Blacknet -not- open source.

It breaks rules 1 and 10

1. Free Redistribution
The license shall not restrict any party from selling or giving away the software as a component of an aggregate software distribution containing programs from several different sources. The license shall not require a royalty or other fee for such sale.

10. License Must Be Technology-Neutral
No provision of the license may be predicated on any individual technology or style of interface.

See definition of open source here: https://opensource.org/osd/

Airdrop of 10% or whatever the number was, to original source is a royalty to holders, thus making it not technology-neutral as it references a singular original code.

A reminder for everyone, the bonus rate for burning is decreasing again in 2 days, it's going pretty fast now!

Bonus schedule

Yes there will be a new wallet, this will happen when the IBO is finised, now we just have to wait. Keep your Blacknet seed on a safe place until the Mainnet release.

Hi
I made swap on blacknet with some of my BLK tokens and what's now?
I need to install new wallet and than get new coins or we just need to wait ?

I think that could be the  reason nobody ripped off NXT.

 Blackcoins POS3 was ripped off with no benefit to blackcoin at all and the clones sucked away the value over time from what could have made blackcoin shine. I think it is a great idea to force an airdrop to the original investors into the work conducted by the developer. I would say it is a vital part of the reason I have invested into blacknet.

There is simply no reason to allow "compliments" that subtract value and dilute adoption to the original project.
Of all the POS3 based projects I see very few even credit blackcoin on their threads (the only thing most investors and enthusiasts look at since I doubt they pull open the code )

Now we know there will be a never ending proliferation of alts it makes no sense to spend months years developing for someone else to press copy and paste.

There is no real way you can change the terms now anyway, that would be a terrible blow for confidence. Changing things after people decide to burn or invest in other ways is not something I would consider a positive. Byteball started doing this and it was pretty catastrophic for their community and caused huge divisions.

The burning is a good plan. I would expect many will buy more black to burn and retain some blackcoins too. Win win.

https://i.imgur.com/9zbJDva.png
https://chainz.cryptoid.info/blk

From free software point of view, selling for profit is not a problem. And forbidding all ICOs seems too restrictive.


Yes, that comment was about possibility of BlackCash, related to Blacknet.

It's a shame there was no discussion possible, I would have really preferred a snapshot.

Is the technology that BlackNet will use not known already? Or was this comment in regard to a possibility of BlackCash? Although I would assume it would then still be related to the technology of BlackNet?

Well, no exchanges need to be informed in advance for a snapshot and wanted to know if there will be a rescheduling for another snapshot as they need to halt wallets for a period as they too need to snapshot. That's standard. You were not communicating with me so we couldn't work together on that. The problem is, people will go to them and ask for their Blacknet coins. They would need to know when exactly the snapshot had been done. They do have a process for that.

Side note, I have been following Blacknet development, I agree with much of rat4's independent research and improvements over the regular Bitcoin-like code. They are a step in the right direction and a great improvement.

With the burning, I think, it was a good compromise the more I had thought about it. It still does serve a generally positive purpose.

I do think that the Jelurida license is maybe a bit controversial however I get why you went into that direction. I don't know if it had caused a positive impact of NXT or not. Only their own project has been a fork of NXT, and no others, I don't think. If someone forks a project, I see it as a compliment? (But I would be pissed as I'd prefer them to help haha!) Personally, I'd prefer an anti-ICO clause, where the work can not be sold for profit in an initial coin offering. If you are interested, I could ask a lawyer friend of mine if they would be up for writing one?

On tech side, burning is better as we don't need BitcoinVM in the protocol.
And on market side, idea of snapshot caused FUD:



Also I think BlackCash will be good name for a cryptocurrency on Blacknet. That's idea for far future. What technology should it use is an open question.

I think the same, and a reduce from the coin supply is also good for the future ✌

split your bag depending on your confidence in each projects future

Why does there have to be burning, rather than just a 'virtual fork' airdropping BlackNet to everyone who holds BLK?  I want both but you are making me gamble by choosing one side -_-

Legal action can be started to enforce the license. I mean stuff like de-listing from regulated exchanges.


Freedoms to study and change are important. Obfuscation limits these freedoms.


Ercoin is a new independent project. Personally, I keep some BLK for it.


Would consider if you proposed one. Now we stuck with Blacknet.

Correct BLK was initially distributed as a POW network but that phase ended after just some weeks.    Ever since 2014 its been Proof of stake network which has substantial advantages in (network) cost and efficiency over the POW method.    Smart money is usually to hold at least some of a new project or a new direction taken on an old project like this one.
I'll hold a little of both as they develop, I think POS will increasingly compare well to POW and the general public still miss the point of why POW suffers from higher costs in its operations.   Free markets are driven by efficiency so it will matter over time

Thanks. Where's the smart money at? I see BlackNet is also dating back to 2014?

I like the idea of the blackcoin project, but we here have lacks of information's, this project need a tweaking in organization..

Proč ne

It's a burn towards BlackNet, rat4's new project. The original BlackCoin will continue as is and will be further developed by the current dev's like Gritt-N-Auld

Cool, nice to know, i only noticed as i was syncing up the last week with my wallet to make another burn and it was taking ridiculous amount of time which i assume is due to all the block verification being done, large number of orphans showing in the log. 

amazing amount of transactions this month, i believe its an all time high for BLK, and total transaction volume on blockchain is probably higher then majority of altcoins for the last month.