As someone with a MSc in Finance I am at a loss as to how the developer[Rat] has not explained the POS in any detail that is not subject to wild speculation on this thread. The opening post says 1% pa but others say 1% per 8hours which when compounded is exponential...some others says 1% per 8hr period for those with open unlocked wallets selected at random.
No one can accurately value this coin without these basic questions answered and I am issuing a warning not to invest unless you yourself can answer the below questions:
The questions to the developer are:
1) When do untouched balances stake [days] ?
2) Will all wallets with untouched balances stake ?
3) If the answer to quest#2 is NO then which qualifying wallets will stake?
4) Is the qualification by random selection ?
5) If not all qualified wallets stake, what proportion of the 100,000,000 coins will stake ?
6) When an amount is staked how long will this amount collect interest ?
7) Is the stake interest rate 1% per annum, per 8 hours, etc, etc ?
8. Will locked wallets stake ?
9) Will encrypted wallets stake ?
10) Will unopened wallets stake ?
WARNING: The developer has a duty to clearly outline the POS parameters of his COIN
Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1643. (Read 2510314 times)
February 27, 2014, 12:33:38 AM
February 27, 2014, 12:32:39 AM
Any word back from the coinmarketcap peeps? We need to get it there before Friday for price explosion.
February 27, 2014, 12:28:18 AM
This is my favorite exchange so far for BC
February 27, 2014, 12:27:47 AM
WANT TO BUY 50K BC, I have been mining since first hour but want to hit 100k, difficulty is going to stop that i reckon.
I don't have any BTC, but i'll pay a Canadian with Email Money Transfer or Paypal or anyone else with Paypal... No scammers, I won't send first unless you have a high rating. I am new to this forum but could do it through ebay and I have great history...
Thanks. PM me your offers, or if someone will sell me a BTC so I can buy off exchange i'll do that too!
I don't have any BTC, but i'll pay a Canadian with Email Money Transfer or Paypal or anyone else with Paypal... No scammers, I won't send first unless you have a high rating. I am new to this forum but could do it through ebay and I have great history...
Thanks. PM me your offers, or if someone will sell me a BTC so I can buy off exchange i'll do that too!
Can do USD->BC->USD (BLK) at Atomic
what happened to the site getting a error now
Quote
The remote server returned an error: (503) Server Unavailable.
February 27, 2014, 12:23:26 AM
February 27, 2014, 12:15:59 AM
WANT TO BUY 50K BC, I have been mining since first hour but want to hit 100k, difficulty is going to stop that i reckon.
I don't have any BTC, but i'll pay a Canadian with Email Money Transfer or Paypal or anyone else with Paypal... No scammers, I won't send first unless you have a high rating. I am new to this forum but could do it through ebay and I have great history...
Thanks. PM me your offers, or if someone will sell me a BTC so I can buy off exchange i'll do that too!
I don't have any BTC, but i'll pay a Canadian with Email Money Transfer or Paypal or anyone else with Paypal... No scammers, I won't send first unless you have a high rating. I am new to this forum but could do it through ebay and I have great history...
Thanks. PM me your offers, or if someone will sell me a BTC so I can buy off exchange i'll do that too!
Can do USD->BC->USD (BLK) at Atomic
February 27, 2014, 12:11:27 AM
Need more dumps to go dump BC on www.atomic-trade.com/ love paying next to nothing for it, okay thank you and hope to see you soon.
February 27, 2014, 12:05:23 AM
WANT TO BUY 50K BC, I have been mining since first hour but want to hit 100k, difficulty is going to stop that i reckon.
I don't have any BTC, but i'll pay a Canadian with Email Money Transfer or Paypal or anyone else with Paypal... No scammers, I won't send first unless you have a high rating. I am new to this forum but could do it through ebay and I have great history...
Thanks. PM me your offers, or if someone will sell me a BTC so I can buy off exchange i'll do that too!
I don't have any BTC, but i'll pay a Canadian with Email Money Transfer or Paypal or anyone else with Paypal... No scammers, I won't send first unless you have a high rating. I am new to this forum but could do it through ebay and I have great history...
Thanks. PM me your offers, or if someone will sell me a BTC so I can buy off exchange i'll do that too!
February 26, 2014, 11:55:34 PM
Just had a guy over on the Mint thread talking about Black, can someone convince me to buy in?
pow is basically ending in a few days. price might skyrocket even before that happens. who knows when it's pure pos already
Is it going to be added to any larger exchanges soon?
cryptorush.in already added BC. atomic-trade as well (listed as BLK).
for others, well it depends on how the voting goes on mintpal, etc.
Ahh ok, thanks for your help
February 26, 2014, 11:49:46 PM
Just had a guy over on the Mint thread talking about Black, can someone convince me to buy in?
pow is basically ending in a few days. price might skyrocket even before that happens. who knows when it's pure pos already
Is it going to be added to any larger exchanges soon?
cryptorush.in already added BC. atomic-trade as well (listed as BLK).
for others, well it depends on how the voting goes on mintpal, etc.
February 26, 2014, 11:49:35 PM
love watching people fight in the buy order section on cryptorush lol....
could use more buyers and sellers at (listed as BLK) Atomic
i would look into it, how ever STILL waiting on account activation email.....
Just send support a ticket with your email address and they will activate.
Quote
Allen Byron Penner (Atomic Trade)
Feb 26 23:03
Very sorry been having email problems all day. I have verified your account for you and you should be able to log in.
Feb 26 23:03
Very sorry been having email problems all day. I have verified your account for you and you should be able to log in.
not to keen on verifying my account with atomic trade, asking for enough details that could create a identity theft issue.... unless its not a needed factor for tradeing coins i wont do any tradeing there.
Only for USD
all good then, let the tradeing happen lol.
February 26, 2014, 11:47:34 PM
love watching people fight in the buy order section on cryptorush lol....
could use more buyers and sellers at (listed as BLK) Atomic
i would look into it, how ever STILL waiting on account activation email.....
Just send support a ticket with your email address and they will activate.
Quote
Allen Byron Penner (Atomic Trade)
Feb 26 23:03
Very sorry been having email problems all day. I have verified your account for you and you should be able to log in.
Feb 26 23:03
Very sorry been having email problems all day. I have verified your account for you and you should be able to log in.
not to keen on verifying my account with atomic trade, asking for enough details that could create a identity theft issue.... unless its not a needed factor for tradeing coins i wont do any tradeing there.
Only for USD
February 26, 2014, 11:45:11 PM
Just had a guy over on the Mint thread talking about Black, can someone convince me to buy in?
pow is basically ending in a few days. price might skyrocket even before that happens. who knows when it's pure pos already
Is it going to be added to any larger exchanges soon?
February 26, 2014, 11:44:49 PM
Good lord this generation of miners saddens me. Whatever, I'm still getting in on the pump and dump. Blackcoin to moon....woo...woo...yippie
February 26, 2014, 11:41:39 PM
I think i'm going to change the system to be less strict with the naming conventions. Will probably take me a couple days :-( BTW I'm switching email servers so just open a support TKT and i will validate your address until i get the new SMTP working.
That would be the best bet
February 26, 2014, 11:37:26 PM
love watching people fight in the buy order section on cryptorush lol....
could use more buyers and sellers at (listed as BLK) Atomic
i would look into it, how ever STILL waiting on account activation email.....
Just send support a ticket with your email address and they will activate.
Quote
Allen Byron Penner (Atomic Trade)
Feb 26 23:03
Very sorry been having email problems all day. I have verified your account for you and you should be able to log in.
Feb 26 23:03
Very sorry been having email problems all day. I have verified your account for you and you should be able to log in.
not to keen on verifying my account with atomic trade, asking for enough details that could create a identity theft issue.... unless its not a needed factor for tradeing coins i wont do any tradeing there.
February 26, 2014, 11:37:22 PM
I just wonder if this is gonna be another pump and dump. I wonder if BlackCoin has long-term value.
Also, I hit 2 blocks today on Scryptominers. I hate that they have no blockfinder reward...Seriously, it's so depressing
Also, I hit 2 blocks today on Scryptominers. I hate that they have no blockfinder reward...Seriously, it's so depressing
That's the reason why I'm mining solo with 160mh/s
Much more profitable this way. 10K/hour
man that's awesome!
February 26, 2014, 11:33:58 PM
I think i'm going to change the system to be less strict with the naming conventions. Will probably take me a couple days :-( BTW I'm switching email servers so just open a support TKT and i will validate your address until i get the new SMTP working.
February 26, 2014, 11:33:18 PM
I just wonder if this is gonna be another pump and dump. I wonder if BlackCoin has long-term value.
Also, I hit 2 blocks today on Scryptominers. I hate that they have no blockfinder reward...Seriously, it's so depressing
Also, I hit 2 blocks today on Scryptominers. I hate that they have no blockfinder reward...Seriously, it's so depressing
That's the reason why I'm mining solo with 160mh/s
Much more profitable this way. 10K/hour
@#$% Are you renting all that?
February 26, 2014, 11:31:31 PM
I just wonder if this is gonna be another pump and dump. I wonder if BlackCoin has long-term value.
Also, I hit 2 blocks today on Scryptominers. I hate that they have no blockfinder reward...Seriously, it's so depressing
Also, I hit 2 blocks today on Scryptominers. I hate that they have no blockfinder reward...Seriously, it's so depressing
That's the reason why I'm mining solo with 160mh/s
Much more profitable this way. 10K/hour
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