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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 18. (Read 2509671 times)

newbie
Activity: 14
Merit: 0
Please help me!!! I have not saved my mnemonic key! And already wrote down my BLK! Can I restore the history of my teams in the console? Huh Huh Huh
full member
Activity: 323
Merit: 197
Two-way squared
I dont get it.

So i will burn some BLK and than what?

Save wallet.dat and wait till december?

I believe you save the mnemonic that was created and then enter that into wallet when it is released to redeem coins

So mnemonic=PublicKey?

I need some manual for dummies with example Cheesy

Mnemonic is private key and account is public key.
jr. member
Activity: 34
Merit: 2
I dont get it.

So i will burn some BLK and than what?

Save wallet.dat and wait till december?

I believe you save the mnemonic that was created and then enter that into wallet when it is released to redeem coins

So mnemonic=PublicKey?

I need some manual for dummies with example Cheesy
member
Activity: 118
Merit: 11
I dont get it.

So i will burn some BLK and than what?

Save wallet.dat and wait till december?

I believe you save the mnemonic that was created and then enter that into wallet when it is released to redeem coins
jr. member
Activity: 34
Merit: 2
I dont get it.

So i will burn some BLK and than what?

Save wallet.dat and wait till december?
newbie
Activity: 30
Merit: 0
I use the 1.25.1 wallet to enter the burn n pubkey command and result.

Data must be hexadecimal string (not'pubkey') (code -8), how should I deal with it?

You generate pubkey at step 3.
For example, it's "PublicKey" : "a11188d9e5087156c3e7f2deeccfb9879a46d8fc49579c8fc3205319a4e31f0f"
and you want to burn 10 BLK. Your command is

Code:
burn 10 a11188d9e5087156c3e7f2deeccfb9879a46d8fc49579c8fc3205319a4e31f0f

Thank you so much for solving the problem. What I want to ask is that each time the mnemonic and public key are different, the number burned in the public key address will eventually appear in the public key address.

Maybe the problem I'm expressing isn't clear. If I type the blacknet key pair command twice, I get two public keys. Then I burn all the coins in the first public key. Then a valid public key address is the first public key address I burn.
newbie
Activity: 30
Merit: 0
I use the 1.25.1 wallet to enter the burn n pubkey command and result.

Data must be hexadecimal string (not'pubkey') (code -8), how should I deal with it?

You generate pubkey at step 3.
For example, it's "PublicKey" : "a11188d9e5087156c3e7f2deeccfb9879a46d8fc49579c8fc3205319a4e31f0f"
and you want to burn 10 BLK. Your command is

Code:
burn 10 a11188d9e5087156c3e7f2deeccfb9879a46d8fc49579c8fc3205319a4e31f0f

Thank you so much for solving the problem. What I want to ask is that each time the mnemonic and public key are different, the number burned in the public key address will eventually appear in the public key address.
full member
Activity: 323
Merit: 197
Two-way squared
I use the 1.25.1 wallet to enter the burn n pubkey command and result.

Data must be hexadecimal string (not'pubkey') (code -8), how should I deal with it?

You generate pubkey at step 3.
For example, it's "PublicKey" : "a11188d9e5087156c3e7f2deeccfb9879a46d8fc49579c8fc3205319a4e31f0f"
and you want to burn 10 BLK. Your command is

Code:
burn 10 a11188d9e5087156c3e7f2deeccfb9879a46d8fc49579c8fc3205319a4e31f0f
member
Activity: 282
Merit: 10
I dont think there is any possible important action for people who will continue to use BLK.  This is just a new project available optionally.
newbie
Activity: 30
Merit: 0
What is the correct burning order? Why do I write different hints? Is the following order wrong?



Burn 10 coins pubkey to burn 10 coins



Burn [hex string]

is a real and is rounded to the nearest 0.00000001

Requires wallet passphrase to be set with walletpassphrase first (code -1)
newbie
Activity: 30
Merit: 0
I use the 1.25.1 wallet to enter the burn n pubkey command and result.

Data must be hexadecimal string (not'pubkey') (code -8), how should I deal with it?
STT
legendary
Activity: 3962
Merit: 1424
Leading Crypto Sports Betting & Casino Platform
I see potential to scale better than Ethereum and cheaper than EOS.

Ultimately efficiency does matter in market economies.   For far too long people based worth estimates on speculation and growth momentum but really I think the underlying network cost and ability to transact cheaply, fast and in a capable way is what will matter.     ETH is transitioning into POS for example, its not for the fun of it I think they really require to reduce their processing cost from POW and this is the best way they know how.    If the general public understood this point on efficiency it would lend far more positive views for all the POS coins similarly I think

Any FAQ to split the BLK from one address and wallet to old and New BLK?

Sounds like you just want to have more then one BLK address before deciding how much you send to burn.   Link from OP https://blacknet.ninja/burn.html
full member
Activity: 658
Merit: 129
Can the burning only be done with "1.2.5.1" or can it also be done with "1.2.5.2"? I am currently on "1.2.5".

Nope, if you want to burn you have to download 1.2.5.1 as explained here: https://bitcointalksearch.org/topic/m.45982821
newbie
Activity: 33
Merit: 0
Can the burning only be done with "1.2.5.1" or can it also be done with "1.2.5.2"? I am currently on "1.2.5".
full member
Activity: 658
Merit: 129
I see potential to scale better than Ethereum and cheaper than EOS.

Could you delve more into how this might be achieved?

Ok so...

Why burn and why force people's hand? Surely there needs to be some form of backup which rewards people for supporting your inital backcoin project.

As i see it we are being forced into deciding on which chain will win but based on nothing other than guesswork.

Please people jump in and correct me but i don't see an argument for this other than a deadline.

Ok so these questions are still valid and pretty much ignored...

You are asking for people to burn coins into the void... Information is needed.

What is the tech
Where will it be listed
What is the total supply

I know crypto is crazy but throwing coins into a fire randomly is no way to invest...

Of course it's not known yet where it will be listed and the total supply will be unknown until the whole burning procedure has been completed.

I do agree though that more info on the tech and the knowledge that there will be active development with a clear roadmap and attainable goals ahead will help a lot in convincing people to burn (part of) their BlackCoin.


Total supply is known already, I've found it for you  Wink
Only the rate from Blackcoin to Blacknet is still open until the burn is over.


How much will be the coinsupply of blacknet??

1 000 000 000 (+1% inflation)

hero member
Activity: 924
Merit: 526
GIF by SOCIFI
I see potential to scale better than Ethereum and cheaper than EOS.

Could you delve more into how this might be achieved?

Ok so...

Why burn and why force people's hand? Surely there needs to be some form of backup which rewards people for supporting your inital backcoin project.

As i see it we are being forced into deciding on which chain will win but based on nothing other than guesswork.

Please people jump in and correct me but i don't see an argument for this other than a deadline.

Ok so these questions are still valid and pretty much ignored...

You are asking for people to burn coins into the void... Information is needed.

What is the tech
Where will it be listed
What is the total supply

I know crypto is crazy but throwing coins into a fire randomly is no way to invest...

Of course it's not known yet where it will be listed and the total supply will be unknown until the whole burning procedure has been completed.

I do agree though that more info on the tech and the knowledge that there will be active development with a clear roadmap and attainable goals ahead will help a lot in convincing people to burn (part of) their BlackCoin.
full member
Activity: 205
Merit: 114
Joshua J. Bouw
Ok so...

Why burn and why force people's hand? Surely there needs to be some form of backup which rewards people for supporting your inital backcoin project.

As i see it we are being forced into deciding on which chain will win but based on nothing other than guesswork.

Please people jump in and correct me but i don't see an argument for this other than a deadline.

Ok so these questions are still valid and pretty much ignored...

You are asking for people to burn coins into the void... Information is needed.

What is the tech
Where will it be listed
What is the total supply

I know crypto is crazy but throwing coins into a fire randomly is no way to invest...

Nobody is forcing you, others and myself are continuing the Blackcoin project. Don't ever feel like anyone is forcing you to do anything. You bring up legitimate concerns. If you don't feel comfortable, you can keep staking your Blackcoin because we are still around to keep it moving.
full member
Activity: 168
Merit: 100
Ok so...

Why burn and why force people's hand? Surely there needs to be some form of backup which rewards people for supporting your inital backcoin project.

As i see it we are being forced into deciding on which chain will win but based on nothing other than guesswork.

Please people jump in and correct me but i don't see an argument for this other than a deadline.

Ok so these questions are still valid and pretty much ignored...

You are asking for people to burn coins into the void... Information is needed.

What is the tech
Where will it be listed
What is the total supply

I know crypto is crazy but throwing coins into a fire randomly is no way to invest...
newbie
Activity: 160
Merit: 0
Be helpful too blackcoin holders have more information on blacknet the pace of burning has slowed and I believe it’s attributed too the not enough information on blacknet
full member
Activity: 323
Merit: 197
Two-way squared
I see potential to scale better than Ethereum and cheaper than EOS.
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