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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 20. (Read 2510314 times)

legendary
Activity: 2618
Merit: 1135
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?
full member
Activity: 329
Merit: 197
Two-way squared
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 Smiley
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
full member
Activity: 329
Merit: 197
Two-way squared
can i use the same blacknet pubkey for burning multiple times ?

Yes.

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

Added Smiley
hero member
Activity: 506
Merit: 510
 Grin When burn 10000K
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.
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
:-)
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
full member
Activity: 329
Merit: 197
Two-way squared
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.
full member
Activity: 220
Merit: 101
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
hero member
Activity: 1924
Merit: 538
citation begins:
thank you a lot, mighty rat...............
citation closes.

what a powerful expression in this case !!
full member
Activity: 329
Merit: 197
Two-way squared
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.
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?
full member
Activity: 134
Merit: 100
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

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
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.
full member
Activity: 329
Merit: 197
Two-way squared
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

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

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

hero member
Activity: 506
Merit: 510

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...
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
jr. member
Activity: 98
Merit: 2

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

More burning? how do you know?
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