[ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 20.

hacked_account1349

newbie

Activity: 4

Merit: 0

Quote from: Koal-84 on September 21, 2018, 06:07:50 AM

I have a question for the burn, the Wallet Blacknet 1.2.5.1 compatible to the Blackcoin Wallet 1.2.5.2 or i also can send the "old" Coins to the "new" address and at the new Wallet i can burn the old Coins?

Quote

Instruction for Windows and Linux

   Download BlackCoin wallet 1.2.5.1
   Use the debug window or CLI to execute following commands.
   blacknetkeypair Save your mnemonic before proceeding further.
   burn n pubkey to burn n coins.

The old coin have also a future so i will split!

Thats right?

The new wallet (1.2.5.2) is same as old, but without possibility to create "blacknetkeypair" and also it shows no warning message in future that IBO will end 14 dec., (maybe older versions will show this alert indefinitely, I do not know)
To continue to use blackcoin you can best use 1.2.5.2 (but any other version will work)

Koal-84

legendary

Activity: 2744

Merit: 1202

I have a question for the burn, the Wallet Blacknet 1.2.5.1 compatible to the Blackcoin Wallet 1.2.5.2 or i also can send the "old" Coins to the "new" address and at the new Wallet i can burn the old Coins?

Quote

Instruction for Windows and Linux

Download BlackCoin wallet 1.2.5.1
Use the debug window or CLI to execute following commands.
blacknetkeypair Save your mnemonic before proceeding further.
burn n pubkey to burn n coins.

The old coin have also a future so i will split!

Thats right?

rat4

full member

Activity: 329

Merit: 197

Two-way squared

Quote from: hacked_account1349 on September 21, 2018, 04:33:00 AM

Hi rat4, what is idea for latest update in blackcoin code on github? (1.2.5.2)

https://github.com/CoinBlack/blackcoin/commit/ab35aef819b0b8ec4027b00bbbd6fbf60991b443

As soon you burned BLK for Blacknet you can update to this version

hacked_account1349

newbie

Activity: 4

Merit: 0

Hi rat4, what is idea for latest update in blackcoin code on github? (1.2.5.2)

https://github.com/CoinBlack/blackcoin/commit/ab35aef819b0b8ec4027b00bbbd6fbf60991b443

rat4

full member

Activity: 329

Merit: 197

Two-way squared

Quote from: mitzi101 on September 18, 2018, 01:36:47 PM

can i use the same blacknet pubkey for burning multiple times ?

Yes.

Quote from: muleroaa on September 18, 2018, 06:01:13 PM

What is the complete bonus schedule breakdown till the 14th of December?
Maybe this could be added to the OP.

Added

BigWait

hero member

Activity: 506

Merit: 510

When burn 10000K

muleroaa

hero member

Activity: 924

Merit: 526

GIF by SOCIFI

What is the complete bonus schedule breakdown till the 14th of December?

Maybe this could be added to the OP.

mitzi101

newbie

Activity: 22

Merit: 1

can i use the same blacknet pubkey for burning multiple times ?
i almost missed the bonus period because of Hurricane, thank god i took my laptop
:-)

hacked_account1349

newbie

Activity: 4

Merit: 0

You can calculate your share/amount of blacknet as follow:

((( <> * 1.<>) / <>) * 1e9

OR, same formula

(( <> / <>) * 1e9

WHERE:

YOUR BLK BURN = Amount of BLK burned by you
BONUS% = Bonus percentage active at moment of burn
TOTAL BLK BURNED = Total amount of accepted BLK burns by everyone

Because TOTAL BLK BURNED changes constantly, total amount of blacknet you get will be different

rat4

full member

Activity: 329

Merit: 197

Two-way squared

Quote from: hacksmash on September 17, 2018, 05:20:53 PM

Quote from: rat4 on September 17, 2018, 01:11:20 AM

Quote from: tahou on September 17, 2018, 12:12:09 AM

i realized, that my blacknetamount is shrinkin....

For each new burn, we shrink balance of all accounts, so that the sum stays 1 000 000 000

Sooo does that mean someone other than me has control over the AMOUNT in my wallet Huh

Only owners of BLK.

hacksmash

full member

Activity: 220

Merit: 101

Quote from: rat4 on September 17, 2018, 01:11:20 AM

Quote from: tahou on September 17, 2018, 12:12:09 AM

i realized, that my blacknetamount is shrinkin....

For each new burn, we shrink balance of all accounts, so that the sum stays 1 000 000 000

Sooo does that mean someone other than me has control over the AMOUNT in my wallet Huh

estenity

hero member

Activity: 1928

Merit: 538

citation begins:
thank you a lot, mighty rat...............
citation closes.

what a powerful expression in this case !!

rat4

full member

Activity: 329

Merit: 197

Two-way squared

Quote from: fiftyseven on September 17, 2018, 12:22:32 PM

Is it safe to use the account generator and version 1.2.4 for Windows? 1.2.5.1 won't run on my BLK machine for some reason so want to be sure before burning anything that the Mac instructions will be fine in the corresponding Windows version?

It should work on Windows too.

fiftyseven

sr. member

Activity: 427

Merit: 252

Is it safe to use the account generator and version 1.2.4 for Windows? 1.2.5.1 won't run on my BLK machine for some reason so want to be sure before burning anything that the Mac instructions will be fine in the corresponding Windows version?

tahou

full member

Activity: 134

Merit: 100

Quote from: rat4 on September 17, 2018, 01:11:20 AM

Quote from: tahou on September 17, 2018, 12:12:09 AM

i realized, that my blacknetamount is shrinkin....

For each new burn, we shrink balance of all accounts, so that the sum stays 1 000 000 000

Quote from: tahou on September 17, 2018, 12:12:09 AM

also realised that 2 diffrent transactions to the burning with a amount of 10 blk each that show in my walletst ransactionlist as to diffrent transactions of 10 blk each are found in the blockexplorer as one transaction of 500 blk and 480 back to my wallet...

https://en.bitcoin.it/wiki/Change

thank you a lot, mighty rat.

really enlighted and not a tiny doubt anymore that it was a good idea to burn some blk...

thx again

Grin

cogaixauxi12

newbie

Activity: 4

Merit: 0

Does this Blacknet project have bounty? I quite like the idea of the project. If there are bounty hayy airdrop I will join together to be a part of this project.

rat4

full member

Activity: 329

Merit: 197

Two-way squared

Quote from: tahou on September 17, 2018, 12:12:09 AM

i realized, that my blacknetamount is shrinkin....

For each new burn, we shrink balance of all accounts, so that the sum stays 1 000 000 000

Quote from: tahou on September 17, 2018, 12:12:09 AM

also realised that 2 diffrent transactions to the burning with a amount of 10 blk each that show in my walletst ransactionlist as to diffrent transactions of 10 blk each are found in the blockexplorer as one transaction of 500 blk and 480 back to my wallet...

https://en.bitcoin.it/wiki/Change

tahou

full member

Activity: 134

Merit: 100

hi guys,

no crypto noobie but technially not a pro, i have some questions:
i realized, that my blacknetamount is shrinkin....
also realised that 2 diffrent transactions to the burning with a amount of 10 blk each that show in my wallets transactionlist as to diffrent transactions of 10 blk each are found in the blockexplorer as one transaction of 500 blk and 480 back to my wallet...

this is something i dont get... also i don't anderstand why the amount of blacknet is shrinkin...

could someone please enlight me.

thanks in advance

BigWait

hero member

Activity: 506

Merit: 510

Quote from: chinaBLK on September 14, 2018, 07:42:25 AM

Quote from: BigWait on September 14, 2018, 04:09:10 AM

The time is still long. This is only the beginning, and we will see more and more burn.

More burning? how do you know?

Because there's still a long way to go...

Paul33

newbie

Activity: 160

Merit: 0

As we get close too the experation of the 20pct bonus period we should see an increase in burning and as rat 4 releases more info on black net burning of black will accelerate

Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 20. (Read 2510503 times)