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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 20. (Read 2509671 times)

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: 323
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: 1918
Merit: 537
citation begins:
thank you a lot, mighty rat...............
citation closes.

what a powerful expression in this case !!
full member
Activity: 323
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: 323
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?
hero member
Activity: 506
Merit: 510
Added current distribution to https://blacknet.ninja/burn.html

Nice, that was implemented fast.

Have only 26 people decided to burn up until now? And the numbers that are indicated is the amount of Blacknet that each burner has received?
The time is still long. This is only the beginning, and we will see more and more burn.
hero member
Activity: 924
Merit: 526
GIF by SOCIFI
Added current distribution to https://blacknet.ninja/burn.html

Nice, that was implemented fast.

Have only 26 people decided to burn up until now? And the numbers that are indicated is the amount of Blacknet that each burner has received?
full member
Activity: 323
Merit: 197
Two-way squared
sr. member
Activity: 303
Merit: 250
No one like you
Quote
he do it very fast(1 day 1 commit)

It looks like he has already written a lot of code.  he pushed a second commit recently with "more stuff".

https://gitlab.com/blacknet-ninja/blacknet/commit/6dd63aa3a877802355c743dec4a38d3c67cd60c3
yes , code fast
jr. member
Activity: 41
Merit: 2
Quote
he do it very fast(1 day 1 commit)

It looks like he has already written a lot of code.  he pushed a second commit recently with "more stuff".

https://gitlab.com/blacknet-ninja/blacknet/commit/6dd63aa3a877802355c743dec4a38d3c67cd60c3
sr. member
Activity: 303
Merit: 250
No one like you
Im so confused... what is all of this blacknet stuff?

rat4 has been working on a new project.  Coin distribution on the new chain is being done via burning blackcoin.

https://old.reddit.com/r/blackcoin/comments/9e5mo8/burning_blackcoin_blk_for_blacknet_bln/

Not many details about this new blacknet project...  rat4 is being very mysterious about it all as usual.
he do it very fast(1 day 1 commit)
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