[ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 22.

digit

legendary

Activity: 1672

Merit: 1010

Quote from: rat4 on September 07, 2018, 10:01:24 AM

Quote from: chinaBLK on September 07, 2018, 12:26:12 AM

How do I know if my combustion is successful?

Can I query my BLN through web pages or tools?

genesis-tool prints list of accepted burns.

Current list

Code:

,,,,,
2252351,1536284720,164217b50136499296f0bd75f632f8bf625c84c664f7cfb1317cff2cdf296c9a,1,4251503ef62a7b0bbeb6529935e3b0a383849fb5b94085eeb665121a2faca242,16481003625333
2252487,1536293776,e4e4c9491b8090aa8e24d69d9d9e4b3260b70ec9890fe4fc4fecec655ac90b64,0,bbd6a2eba9e2da6d98116608984eabbb991049e55a76262ffec9f4c3d0abe485,100000000
2252491,1536294080,10afda4b0bbafc0eeed7ae6566f060591e5a91398eaf0f136f0ba2fb035c88ae,1,f9d56654f51d4637de56c4a9d71aab43a2c8c06e82a59db333e9c1304a879497,1000000000
2252498,1536294688,613c93d4f58a75c47d5ba9c029cad2b9b9798dc8b8195e57e50163662599914e,1,bbd6a2eba9e2da6d98116608984eabbb991049e55a76262ffec9f4c3d0abe485,100000000
2252647,1536304448,ca19cbb9b798e1067c73ca899f7c35ec73f99c6cdaaac593f830a6bca3f422ba,0,bf9535d059d3315b4ab44c2b96ae638c4ee8a68273bd2af694cf7a9924bd219f,1000100000000
2252889,1536320528,86882f32305156298425c499e81fc70bbe550a67e7399168b16311947f9421a5,1,ed448fbb209f78b54c0897b98d14efafc52e669ec481e41b4b020379476bcfdb,1000000000

didn't some person burn 10000 BLK last year, why are they not included? just asking out of curiosity

rat4

full member

Activity: 323

Merit: 197

Two-way squared

Quote from: chinaBLK on September 07, 2018, 02:33:53 PM

Quote from: rat4 on September 07, 2018, 01:24:12 PM

No, it's only one round with all tokens.

20%, 18%. . . Where do these reward funds come from?

How many BLN rewards are there?

For example,
Alice 10000 BLK with 20% bonus receives 97560975.60972 BLN
Bob 10000 BLK with 10% bonus receives 89430894.30891 BLN
Carol 100000 BLK with 0% bonus receives 813008130.0810 BLN

Quote from: muleroaa on September 04, 2018, 06:31:47 PM

Nice to see that things are moving forward rat4. I would really like to see some more in depth information though before the burning process starts, maybe a detailled roadmap, further plans for use of the platform etc.

I think it will help people greatly in deciding if or how much BlackCoin people would like to burn.

Launch

Fomo game https://fomo3d.hostedwiki.co/pages/Fomo3D%20Explained
Transaction bundling https://www.jelurida.com/forging-bundling

Further research:
Proof of stake
Decentralized exchanges
Lightning networks
Zero-knowledge extensions

michelvankessel

jr. member

Activity: 49

Merit: 3

looks shady. I am not burning my BLK.

btw.. BLN already exists.

chinaBLK

jr. member

Activity: 98

Merit: 2

Quote from: rat4 on September 07, 2018, 01:24:12 PM

No, it's only one round with all tokens.

20%, 18%. . . Where do these reward funds come from?

How many BLN rewards are there?

rat4

full member

Activity: 323

Merit: 197

Two-way squared

Quote from: chinaBLK on September 07, 2018, 12:22:42 PM

People are puzzled about the burning time and proportion.

Can I understand this:

round 1，1--4 week，20% ： 1000000000*20%=200000000BLN Evenly distributed to all first round combustion BLK

round 2，5 week，18% ： 800000000*18%=144000000BLN Evenly distributed to all second rounds of combustion BLK

round 3，6 week，16% ： 656000000*16%=104960000BLN Evenly distributed to all three rounds of burning BLK

round 4，7 week，14% ： 77145600BLN Average distribution

---------------Is this understanding correct?

No, it's only one round with all tokens.

chinaBLK

jr. member

Activity: 98

Merit: 2

People are puzzled about the burning time and proportion.

Can I understand this:

round 1，1--4 week，20% ： 1000000000*20%=200000000BLN Evenly distributed to all first round combustion BLK

round 2，5 week，18% ： 800000000*18%=144000000BLN Evenly distributed to all second rounds of combustion BLK

round 3，6 week，16% ： 656000000*16%=104960000BLN Evenly distributed to all three rounds of burning BLK

round 4，7 week，14% ： 77145600BLN Average distribution

---------------Is this understanding correct?

rat4

full member

Activity: 323

Merit: 197

Two-way squared

Quote from: chinaBLK on September 07, 2018, 12:26:12 AM

How do I know if my combustion is successful?

Can I query my BLN through web pages or tools?

genesis-tool prints list of accepted burns.

Current list

Code:

,,,,,
2252351,1536284720,164217b50136499296f0bd75f632f8bf625c84c664f7cfb1317cff2cdf296c9a,1,4251503ef62a7b0bbeb6529935e3b0a383849fb5b94085eeb665121a2faca242,16481003625333
2252487,1536293776,e4e4c9491b8090aa8e24d69d9d9e4b3260b70ec9890fe4fc4fecec655ac90b64,0,bbd6a2eba9e2da6d98116608984eabbb991049e55a76262ffec9f4c3d0abe485,100000000
2252491,1536294080,10afda4b0bbafc0eeed7ae6566f060591e5a91398eaf0f136f0ba2fb035c88ae,1,f9d56654f51d4637de56c4a9d71aab43a2c8c06e82a59db333e9c1304a879497,1000000000
2252498,1536294688,613c93d4f58a75c47d5ba9c029cad2b9b9798dc8b8195e57e50163662599914e,1,bbd6a2eba9e2da6d98116608984eabbb991049e55a76262ffec9f4c3d0abe485,100000000
2252647,1536304448,ca19cbb9b798e1067c73ca899f7c35ec73f99c6cdaaac593f830a6bca3f422ba,0,bf9535d059d3315b4ab44c2b96ae638c4ee8a68273bd2af694cf7a9924bd219f,1000100000000
2252889,1536320528,86882f32305156298425c499e81fc70bbe550a67e7399168b16311947f9421a5,1,ed448fbb209f78b54c0897b98d14efafc52e669ec481e41b4b020379476bcfdb,1000000000

Paul33

newbie

Activity: 160

Merit: 0

I think best thing too do,is burn some black coin that way you have both black coin and blacknet they’ll probably both go,up in price

dgmon

sr. member

Activity: 438

Merit: 250

https://twitter.com/markblk5/status/1037816036417003521?s=21

How do I know whether to burn when I barely know anything about Blacknet? Huh

chinaBLK

jr. member

Activity: 98

Merit: 2

chinaBLK

jr. member

Activity: 98

Merit: 2

Quote from: rat4 on September 06, 2018, 04:44:28 PM

If all 77 000 000 BLK burned with same bonus, then 1 BLK = 12.98701298 BLN
If only 10 000 000 then 1 BLK = 100 BLN

How do I know if my combustion is successful?

Can I query my BLN through web pages or tools?

rat4

full member

Activity: 323

Merit: 197

Two-way squared

Quote

Initial distribution has started
20% bonus ends in
27 days 21 hours 43 minutes
Next bonus 18%

https://chainz.cryptoid.info/blk/#@inflation

rat4

full member

Activity: 323

Merit: 197

Two-way squared

Quote from: ulissess on September 06, 2018, 03:58:58 PM

One question.. 1 blackcoin is 1 blacknet + 20%, right?
Blacknet has a supply of 1 000 000 000, blackcoin instead is 77 000 000 .. it doesnt look so convenient

If all 77 000 000 BLK burned with same bonus, then 1 BLK = 12.98701298 BLN
If only 10 000 000 then 1 BLK = 100 BLN

ulissess

newbie

Activity: 12

Merit: 0

hello Rat4,
I read the news:

Quote

Initial Burn Offering

Initial distribution will be proportional to burned BlackCoins, with a bonus for early participants.

For first 4 weeks the bonus is 20%, later it decreases by 2% per week.

The minimum required burnt amount per account is 10 BLK.

Burning starts at 07 Sep 2018 00:00:00 UTC and ends at 14 Dec 2018 00:00:00 UTC (14 weeks).
Instruction

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

One question.. 1 blackcoin is 1 blacknet + 20%, right?
Blacknet has a supply of 1 000 000 000, blackcoin instead is 77 000 000 .. it doesnt look so convenient

rat4

full member

Activity: 323

Merit: 197

Two-way squared

Quote from: Piston Honda on September 06, 2018, 02:58:25 PM

is blacknet the blackest of black coins?

Blacknet BLN is the staking token.

Piston Honda

legendary

Activity: 2702

Merit: 1064

Juicin' crypto

is blacknet the blackest of black coins?

Gritt-N-Auld

full member

Activity: 205

Merit: 114

Joshua J. Bouw

Quote from: chinaBLK on September 04, 2018, 01:21:40 AM

Can you upgrade your BLK QT wallet again?
QT wallet network synchronization speed is too slow

LORE wallet is doing a great job,Fast synchronization。
It is a pity that the LORE wallet has a BUG.I told JANKO, but it has never been fixed.
BUG has caused problems for many people.

The QT wallet is very stable, and if the sync blockchain data is fast, it's perfect.

Or can you help JANKO fix BUG?

Janko told me it has been fixed for a while, I still am unsure what it is, but Lore will be moving into a continuation of rat4's codebase. More is the 0.13 - 0.16 BTC release. More will only be temporary and should only be considered experimental. Generally, the latest rat4 release should be considered safer for now.

STT

legendary

Activity: 3962

Merit: 1424

Leading Crypto Sports Betting & Casino Platform

The EOS unpredictable costs sounds like a terrible obstacle that will impede its useability and massively deter first time users, the opposite of how a widespread system should be. Ideally a good system should be possible to layer its sophistication or complications so that end users do not encounter anything but straight forward decisions to simply startup their interaction with a blockchain.

When all the dust settles on speculative pricing, I do think its about how much utility can a blockchain present and enable easily to ordinary users and for the cheapest cost. The BTC costs rising so high now and continuing to gain at a faster rate then utility provided seems like it would undermine itself or eventually give bias to POS but I dont imagine anything happens without a fight first; it does seem an opportunity for sure though
https://www.investopedia.com/terms/c/creativedestruction.asp

muleroaa

hero member

Activity: 924

Merit: 526

GIF by SOCIFI

Quote from: rat4 on September 04, 2018, 03:49:27 PM

Quote from: ulissess on July 26, 2018, 08:53:08 PM

How much will be the coinsupply of blacknet??

1 000 000 000 (+1% inflation)

Quote from: chinaBLK on September 04, 2018, 10:52:45 AM

About TPS:I hope that BLACKNET is an efficient network, otherwise it is not competitive.
With reference to EOS, balance decentralization with performance.

CoinDesk: Rising Costs Are Turning EOS Into a Crypto Coder's Nightmare
I'm not ready to talk about faster blocks, BFT PoS, and stuff like that.
To me, simple PoS with 1 min blocks sounds OK for 2019.
We can return to this after implementation of basic features.

Quote from: chinaBLK on September 04, 2018, 10:52:45 AM

I also hope you can tell us when BLACKNET will meet us.

Grin

Thank you.

Announce of burning coming in few days. Have fun Grin

Nice to see that things are moving forward rat4. I would really like to see some more in depth information though before the burning process starts, maybe a detailled roadmap, further plans for use of the platform etc.

I think it will help people greatly in deciding if or how much BlackCoin people would like to burn.

rat4

full member

Activity: 323

Merit: 197

Two-way squared

Quote from: ulissess on July 26, 2018, 08:53:08 PM

How much will be the coinsupply of blacknet??

1 000 000 000 (+1% inflation)

Quote from: chinaBLK on September 04, 2018, 10:52:45 AM

About TPS:I hope that BLACKNET is an efficient network, otherwise it is not competitive.
With reference to EOS, balance decentralization with performance.

CoinDesk: Rising Costs Are Turning EOS Into a Crypto Coder's Nightmare
I'm not ready to talk about faster blocks, BFT PoS, and stuff like that.
To me, simple PoS with 1 min blocks sounds OK for 2019.
We can return to this after implementation of basic features.

Quote from: chinaBLK on September 04, 2018, 10:52:45 AM

I also hope you can tell us when BLACKNET will meet us.

Grin

Thank you.

Announce of burning coming in few days. Have fun Grin

Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 22. (Read 2509671 times)