Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 407. (Read 2510379 times)

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Sweet! Looking forward to the next updates and will donate some when I get back home.
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@maarx: Thank you for supporting Emma and the vid. She's tickled pink by the donations and new twitter follows and warm reception overall. I'm requoting this to my original post, as someone already tried scamming off a copy with their own donation address put in.

So let me see if I get this right... You support this article in a newspaper from Cambodia that nobody knows about (Which is good anyway, I'm not taking you the credit from this)

And you don't support the Wall Street event?

EDIT: Which is in the Financial Center of the most powerful nation of the world with the potential to have a variety of news in the most powerful newspapers in the world?

.... Seriously?

No, really, Seriously?

Hey, you described the weakness of PoW and why PoS is more secure. However, first you said you expect the demise of both PoS and PoW. What weakness do you see in PoS? The problem of multiple forks all being supported?

haha WC crap on mintpal is gone!! 

anybody know why? 

Hi all

I've just opened a web and logo design service here on Bitcointalk : https://bitcointalksearch.org/topic/wulfcastles-web-logo-wallet-ui-design-service-590322 and I'm allowing people to pay in BlackCoin.

My rates are :
700 BC for a Logo
2200 BC for a Website

And just to promote my service a bit here's a quick graphic I did for the podcast today. *Notice the rocket and the moon  

Yeah some photos would be great. We could spread the word around about the article. Also which Newspaper was it?

Guess what, I agree with you. And it will likely happen in the next 1 - 2 days. The artists need to give me their official greenlight before I can start promoting them by name and putting demo's of their work on this thread. Part of me would love to jump the gun and begin posting yesterday! But I need to stay professional. Thanks for understanding, and thanks to everyone who already donated (650 BC in new donations last night, on top of 2250 already in the basket). You are helping me be very persuasive, and are putting me in a much stronger negotiating position on behalf of the project and the community.

Yes it is, it was printed today and I have some copies if you would like photos. I requested a scan from the journalist who posted this article.

Cheers,
- Gritt

Transparency - Podcast Questions

Most of you know I believe in transparency. When things are attempted to be resolved behind the scenes the outcome is never good. From this point on I will be coordinating with the community exclusively. Whatever ideas or plans I am working on I will share openly with everyone so we can brainstorm together. I have lost confidence in certain members of the development team for numerous reasons, and I think more control needs to be given back to the general community. In the "real world" I would never entrust a multi-million dollar project to people who have never run a business before, and I do not intend on doing it now. I will not be coordinating with the development team privately anymore, if they wish to join our discussions or projects publicly they are more than welcome to. I would like to make it clear that everyone who owns BC has a right to voice his or her concerns. It does not matter if you own 20BC or 2000000BC. Just because someone owns a significant amount of BC does not gives them the right to attempt to force their will on others. This is not the spirit of crypto and I have had enough.

Yesterday I was asked to participate in the podcast being held today. Unfortunately with shipping the cards and other matters I will not be able to participate. However, I was given the opportunity to submit questions and I would like to share them with the community.

What experience does the dev team have?

How were the people on the dev team selected?

What is the marketing plan for the next several months?

Why haven't there been a press release about being added to Vault Of Satoshi?

Why have't the dev team sponsored the Wall Street event?

Why doesn't the dev team spend more time on BitcoinTalk since that is where most people interact?

Why haven't the dev tram been more open with their plans? It seems everything is kept secret.

What is being done to differentiate BlackCoin from other alt coins?

Thank you...

got paig from my sig today and bought all BC with it

Step by step down... is there some news (not the wallstreet action / coinkite) about the price / announcement?? It's look like stable but we say that by 35k --> 30k -- 28k --> 27k

Give it time... we're only about 3 steps away from that reality in the US... and the EU might as well be there already (and I'm sure if you ask anyone that had their retirement in a Cypriot bank last year - already is!)

But yeah, it gave me a chuckle as well.

Whats this news paper and how many prints a day do they have?

anybody notice the article above the blackcoin article?  
Is it just me or is it crazy that a government outsources its country's tax collection duties to a bank.??

kinda ironic to have that article on the same page.. hah.

I'll be watching.   I think it might be important to note for anyone reading the quotes... that the dates on the quoted posts is a month old, and the OpenSSL version in the wallets is long since updated and not affected by Heartbleed.


The reality (IMO at least) is that neither is good enough for the very long term.  We will eventually see the demise of both as there is further problems with PoW (at least as implemented in BTC and derivative coins as well, obviously) as difficulty and rewards fall below profitability.  I don't really consider PoS as a better means of securing the blockchain than PoW - just a faster and less biased one.  Certainly, you can argue that PoS still favors the largest wallet holders - but that still prevents a large part of the incentive for attempting attacks.

With PoW there are two likely scenarios which have already played out a few times (some intentionally and some accidentally) - one being that someone designs an ASIC that is orders of magnitude more powerful than existing platforms.  This is less likely now, but still possible.  The other is that a pool or group of pools decides to use their collective dominance for nefarious purposes.

Although some debate can exist as far as exactly how much of a particular PoS coin is required and for how long in order to gain 'damaging levels of control' over the blockchain, but simple requirement than they own a crapload of the currency and hold it for a fairly decent amount of time (just 8 hours for it to start staking isn't enough) in a single wallet... which would immediately be visible to anyone monitoring the top 100 list... indicates a level of involvement that is fairly illogical.

After all - if someone were to buy 5M-10M BC - even if they did so over a reasonably long period of time... they would likely come to see two realities:

A) They already have to spend more money than they could reasonably gain through attempting a double-spend, as they would drive the exchange price upward during the ~1500-3000BTC purchasing frenzy.  And B) their actions would already be transparent to most BC holders... who would begin jumping ship already around the time they had half enough (and they would be purchasing these BC at an artificial premium they created).

Assuming such an individual or collective were then successful - where exactly would they now sell their "counterfeit" BC?  The price would now be decimated on nearly all exchanges... and they would need to move double the amount of BC they purchased - and have buyers almost immediately, since taking any reasonable length of time would allow the devs (and community at large) to have them 'seize' the counterfeit funds as invalid.

Would such an event spell the death of the coin affected?  Most certainly, it's unlikely it would ever recover, and it's also likely that anyone still holding it would be out their investment.  But (and this is critical) by far the largest bagholder of the now worthless coins - would be the person(s) responsible for the action in the first place.   

Is this pre-print?

Who are the lucky guys from BC community living in Canbodgia? 

Should I send them an e-mail saying that the BlackCoin community does not "Sponsor or Endorse" this article

Sorry, I had to say this...

Lil Twist: The Takeover- Lambo Music

https://www.youtube.com/watch?v=SpHxTvg1mCg