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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1509. (Read 2510320 times)

full member
Activity: 165
Merit: 100
How does PoS work?

PoS can only be done by an unlocked wallet. In the client it is called 'Staked Mining'. As soon as you unlock your wallet (there is a difference between encrypted & locked) the stake miner will start. You will start to see coins being moved from your balance to your 'Stake' balance. Coins will not be lost. After a while you will start receiving transactions with your earned interest.

How to unlock:

Go to your Debug Window and then open the Console. Type in:
Code:
walletpassphrase -yourpassword- -secondstokeepwalletopen- true

An example would be:
Code:
walletpassphrase Ex4mpl3P4ssW0rd 3600 true

In this way you'll unlock your wallet for one hour.

How to lock:

Go to your Debug Window and then open the Console. Type in:
Code:
walletlock

Now your wallet is locked and you'll stop PoS mining.

Is my stake balance spendable?
 - Not sure yet, has to be confirmed by either dev or community


This is the information I have managed to gather so far, If you have any other questions, please leave them here so I can try to answer them!

So, if you have an unencrypted wallet (never encrypted), will it be mining or do you need to go through this process, encrypt, then unencrypt/unlock it?



This is the real question for me too. My wallet ISN'T encrypted and I have had NO passwords / pass-phrases entered into my Blackcoin wallet since installation, im running 1.01.

The stake mining portion sounds awesome, but at the same time I don't want to start using a feature that isn't fully implemented / tested and put my coins at risk. Is there ANYONE who can clarify this?

 
Same thing here, I've never encrypted or locked or set a password on my wallet, only mined and stored coins in it.
 I've tried to get it to mine but there are no clear instructions anywhere I can find and I have searched for hours , this can't be helping the coin any since this was a unique feature of this coin and it should be a lot simpler to use.
 All the instructions assume you have a password and I have never used one, this should be idiot proof for people like me and on the 1st page with clear instructions on how easy it is to do, might help the coin if it was easier.
 I can't see where to set up a password only encrypt wallet
newbie
Activity: 16
Merit: 0
heavy bags all around
full member
Activity: 322
Merit: 100
People are clearly panic selling at 601  Embarrassed

These are fake walls and self sells

So what games are being played? trying to offload or panic sellers into their buy orders?


Similar was happening with TakeiCoin, pushing the sell orders lower and lower, touched 120ish
and has now bounced back to 600.

BC is worth alot more then 600. it should be floating around atleast the 3k mark.

well now at mintpal its about 300  Cry

I think that the decision of not using pools for mining that coin has make lot of miners to go out and sell all they have... that sank the Price!
full member
Activity: 145
Merit: 100
Job Report to who donate BC to me and trust me

1. built a qq group(chatting software): 374929243(now has 30 members, and its still going big quickly); sent every member 10-20 BC, introduce BC and this forum; and PoS, PoW

2. post ad on BBS, introduce BC and Community.
(http://www.coin38.org/forum.php?mod=viewthread&tid=3433;
http://www.coin38.org/forum.php?mod=viewthread&tid=3598;
http://www.coin38.org/forum.php?mod=viewthread&tid=3540)
(出处: 虚拟币时代)
draw the forum admin's attention, donate some danbao coin to me to help me promote the BC, by the way, the admin is also the editor of btc38.com, its the first step to let the BC add on btc38;

3. encourage members to post someting about BC on forum, every member will get 50~80BC

4. encourage members to built a website in Chinese about BC (maybe need more than 2000BC)

5. let my members to vote on btc38.com, to add BC to trade.

6.In our team's efforts, advertising and introducing, let a trade platform in China add BC to trade(btc-cc.com)


I am very appreciate that in this forum you trust me, and I will do my job responsible all the time.
now I have receive the donations: 50+50+1336.98+200+1000.98+50.98+2372=5060.94 BC
used: 30*10+200+100*2+300+50*8+500=1900BC
left:4160BC
will use it better, I alse donate BC to the Comunity
thank you for your trusting again. I like BC so I do my best

more donations: BGMm6ykhKmucSKoj2xce1eBMSEVBRrRVdK
full member
Activity: 196
Merit: 100
People are clearly panic selling at 601  Embarrassed

These are fake walls and self sells

they're not fake walls or shelfs. If you look at "recent market transactions" you'll see almost a BTC worth was sold at 600. It's not manipulation. People actually want out.

So could it be people wanting to cash out to try their luck with Aurora/Maza?
member
Activity: 70
Merit: 10
People are clearly panic selling at 601  Embarrassed

These are fake walls and self sells

they're not fake walls or shelfs. If you look at "recent market transactions" you'll see almost a BTC worth was sold at 600. It's not manipulation. People actually want out.
legendary
Activity: 882
Merit: 1000
People are clearly panic selling at 601  Embarrassed

These are fake walls and self sells

So what games are being played? trying to offload or panic sellers into their buy orders?


Similar was happening with TakeiCoin, pushing the sell orders lower and lower, touched 120ish
and has now bounced back to 600.

BC is worth alot more then 600. it should be floating around atleast the 3k mark.
legendary
Activity: 1288
Merit: 1000

I already set my password, doh!

Then follow Jabulon's post...

Help menu=>debug window=>>console tab. Unlock your wallet for staking by entering this:

wallet passphrase yourpassword 9999999 true

Clear the console history before exiting, for security, because your password is now sitting there in plaintext. Ctrl+L or the red button lower right. 9999999 can be any number you want, it just means how many seconds you want to leave your walled unlocked.

wallet passphrase is all one word "walletpassphrase".

Thanks a lot mate, sorted now.

I have a quick question about the interest, I have 25000 coins, how many coins interest would I earn per year?

full member
Activity: 196
Merit: 100
People are clearly panic selling at 601  Embarrassed

These are fake walls and self sells

So what games are being played? trying to offload or panic sellers into their buy orders?


Similar was happening with TakeiCoin, pushing the sell orders lower and lower, touched 120ish
and has now bounced back to 600.
member
Activity: 84
Merit: 10
People are clearly panic selling at 601  Embarrassed

is not willing to purchase a dump, if you believe in BC is gradually need to shop and do not count on a miracle
legendary
Activity: 1288
Merit: 1000
People are clearly panic selling at 601  Embarrassed

These are fake walls and self sells
full member
Activity: 196
Merit: 100

I already set my password, doh!

Then follow Jabulon's post...

Help menu=>debug window=>>console tab. Unlock your wallet for staking by entering this:

wallet passphrase yourpassword 9999999 true

Clear the console history before exiting, for security, because your password is now sitting there in plaintext. Ctrl+L or the red button lower right. 9999999 can be any number you want, it just means how many seconds you want to leave your walled unlocked.
member
Activity: 70
Merit: 10
People are clearly panic selling at 601  Embarrassed
legendary
Activity: 1288
Merit: 1000
Hi guys I liked the look at Black coin, so I bought 25000, I downloaded and installed the wallet, what Do I have to do to start earning POS interest?

Please help a noob out, cheers.

Unlock your wallet and wait 8 hours for your coins to mature

How do I unlock, and after the 8 hours do I have to keep it unlocked?

It will only be locked if you setup a password, if not, it's already unlocked.
Check in the bottom right corner and will show an arrow if it's all set for POS.

I already set my password, doh!
full member
Activity: 196
Merit: 100
Hi guys I liked the look at Black coin, so I bought 25000, I downloaded and installed the wallet, what Do I have to do to start earning POS interest?

Please help a noob out, cheers.

Unlock your wallet and wait 8 hours for your coins to mature

How do I unlock, and after the 8 hours do I have to keep it unlocked?

It will only be locked if you setup a password, if not, it's already unlocked.
Check in the bottom right corner and will show an arrow if it's all set for POS.
legendary
Activity: 1302
Merit: 1002
Whale storm did not catch the BC this time likely. Now the attention is to MZC - AUR like coin

I love all these predictions of the whale-savior about to arrive. Nigga please. All these micromovements in BC don't mean shit, and it would be only a very stupid whale would bother right now as he'd just get harpooned. If that changes, you'll know because BC will be over 1250 on serious volume. Until then, don't let idiots waste your and other people's time on this thread, if anything they just make the coin look bad, making the thread seem like an asylum for devoutly delusional bagholders. "The whale is coming, the whale is coming!!"

Who force you to read this thread ?...
If you don't like it just keep away.

99% othere threads is the same price up price down.... sometimes dev make scam Cheesy... or new feature is comming.
Eg. GPU coins is different they failed 4th time in row start their coin lol...
But there again scam scam.... blabla
legendary
Activity: 1288
Merit: 1000
Hi guys I liked the look at Black coin, so I bought 25000, I downloaded and installed the wallet, what Do I have to do to start earning POS interest?

Please help a noob out, cheers.

Unlock your wallet and wait 8 hours for your coins to mature

How do I unlock, and after the 8 hours do I have to keep it unlocked?
full member
Activity: 210
Merit: 100
Hi guys I liked the look at Black coin, so I bought 25000, I downloaded and installed the wallet, what Do I have to do to start earning POS interest?

Please help a noob out, cheers.

Unlock your wallet and wait 8 hours for your coins to mature
sr. member
Activity: 266
Merit: 250
Hi guys I liked the look at Black coin, so I bought 25000, I downloaded and installed the wallet, what Do I have to do to start earning POS interest?

Please help a noob out, cheers.

Help=>debug window=>>console tab. Unlock your wallet for staking by entering this:

walletpassphrase 9999999 true.

Clear the console history before exiting, for security, because your password is now sitting there in plaintext. Ctrl+L or the red button lower right. 9999999 can be any number you want, it just means how many seconds you want to leave your walled unlocked.

**miss-typed 'walletpassphrase' in original post as separate words. As noted down the thread, it's one word. Sorry, multitasking here as usual.
legendary
Activity: 1288
Merit: 1000
Whale storm did not catch the BC this time likely. Now the attention is to MZC - AUR like coin

I love all these predictions of the whale-savior about to arrive. Nigga please. All these micromovements in BC don't mean shit, and it would be only a very stupid whale would bother right now as he'd just get harpooned. If that changes, you'll know because BC will be over 1250 on serious volume. Until then, don't let idiots waste your and other people's time on this thread, if anything they just make the coin look bad, making the thread seem like an asylum for devoutly delusional bagholders. "The whale is coming, the whale is coming!!"

Got it!

Only one thing... What did you want to say with: "Nigga please."?


It's an expression in american english slang, expressing something like "C'mon man, you can't be serious". It is not a racial slur.

Thanks for explanation!
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