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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 415. (Read 2509934 times)

hero member
Activity: 700
Merit: 500

but "much easier" is relative. That could still be incredibly difficult in a wider frame and is almost impossible to measure.

I think what is starting to change is *that* is the incentive in itself...you stake to protect your investment. It's why I do. I mean say, for example, why would someone put money in a savings account instead of in a drawer in an apartment? Interest is fractions of a percent. I just want to keep my money 'safe' from say a fire or a robber or other 'attacks'.

You are comparing your incentive to stake coins towards everyone else's and, even worse, the issues with FIAT money. I have no fear of a robber or fire resulting in loss of my coins.

Most holders are constantly switching their coins around while trying to catch the next train.

Right now, I don't even bother downloading a wallet for my other altcoins. Just leave them on MintPal. But BC stakes at 8 hours so I keep my money printing machine on!

Give me an idea what a "printing money machine" will be. take, for instance, 5,000 BC as an example, what  kind of printing money will it produce in my wallet and how should I go about it. Thanks!

Keep your wallet open and watch the money come in! Ka-ching! Ka-ching! $$$ Those little decimal BCs might be worth 10x one day!
full member
Activity: 280
Merit: 100


I don't understand this at all. Is it supposed to be funny? Is an attempt at trolling?

Information

It fails at its purpose if that's the case, cause it is genuinely confusing. But from looking at your past history it seems you think it would be relatively easy to pull of a 51% attack on a PoS coin. If that's the case why not try an intelligent discussion?

A PoS coin is susceptible to an attack, just like PoW. However, the means of performing the attack would be much simpler. The main weakness comes from most coin holders do not (and will probably never) stake their coins in the long run.

If there are 100 coins in circulation(for example) and only 4 coins staked, that would only require 5 staked coins to perform an attack. That is how a PoS attack would be performed, having over 51% of the staked coins.

Meanwhile, PoW requires 51% of the network hash. This makes it much more impractical to destroy a coin. Neither attacks have been successfully performed to destroy a coin, but PoS attacks would be much easier.

Any coin is vulnerable to an attack.. Just like any Bank can be heisted. Just takes the right person or group to perform the attack. Never say Never. So I agree with you 100% on this.

Yes, but I am trying to emphasize how much easier it is for PoS coins. There is not enough incentive, at the moment, for coin holders to stake their coins.

but "much easier" is relative. That could still be incredibly difficult in a wider frame and is almost impossible to measure.

I think what is starting to change is *that* is the incentive in itself...you stake to protect your investment. It's why I do. I mean say, for example, why would someone put money in a savings account instead of in a drawer in an apartment? Interest is fractions of a percent. I just want to keep my money 'safe' from say a fire or a robber or other 'attacks'.

You are comparing your incentive to stake coins towards everyone else's and, even worse, the issues with FIAT money. I have no fear of a robber or fire resulting in loss of my coins.

Most holders are constantly switching their coins around while trying to catch the next train.

That's kind of my point though too. You can't compare incentives for everyone invested in a given coin (when you said it's easier for a pos). In what frame? By how much? I know a handful of folks in the top 100 who don't day trade and switch their coins around in terms of blackcoin. We all stake. Without you knowing who I know, and without me knowing who you know (or were using in an example when you said "most holders"), you are just taking a stab at the assumption on incentives to different people and what matters to each one personally. I'm not saying it's not a potential problem, an attack can happen on any coin, absolutely, but I am just talking about the idea that staking IS an incentive to some to protect their coins has been growing. I do think it should continue to be pushed and explain to new investors too in order to continue emphasizing the importance of not just say getting a 1% roi, but also protecting from an attack.

And to me it is comparable to fiat. They both are something you want to protect because they are worth something. You might not be worried about a robber, but people are. Including me. I have no cash stored anywhere, it's all in a bank to protect my investments. If I need cash I make the extra effort to go to an ATM and take what I need. I'm protecting my cash in a bank and I'm protecting my blackcoins by staking in my wallet.

All it takes is one to a few hyped coins to come out. A majority of coin holders could likely sell their coins for whatever hyped coin they want. In the meantime, the security would be weak.
Miners are less likely to switch & reconfigure often for whatever hyped coin comes out.
Coin holders could just transfer it over in just a few moments.
full member
Activity: 126
Merit: 100


I don't understand this at all. Is it supposed to be funny? Is an attempt at trolling?

Information

It fails at its purpose if that's the case, cause it is genuinely confusing. But from looking at your past history it seems you think it would be relatively easy to pull of a 51% attack on a PoS coin. If that's the case why not try an intelligent discussion?

A PoS coin is susceptible to an attack, just like PoW. However, the means of performing the attack would be much simpler. The main weakness comes from most coin holders do not (and will probably never) stake their coins in the long run.

If there are 100 coins in circulation(for example) and only 4 coins staked, that would only require 5 staked coins to perform an attack. That is how a PoS attack would be performed, having over 51% of the staked coins.

Meanwhile, PoW requires 51% of the network hash. This makes it much more impractical to destroy a coin. Neither attacks have been successfully performed to destroy a coin, but PoS attacks would be much easier.

Any coin is vulnerable to an attack.. Just like any Bank can be heisted. Just takes the right person or group to perform the attack. Never say Never. So I agree with you 100% on this.

Yes, but I am trying to emphasize how much easier it is for PoS coins. There is not enough incentive, at the moment, for coin holders to stake their coins.

but "much easier" is relative. That could still be incredibly difficult in a wider frame and is almost impossible to measure.

I think what is starting to change is *that* is the incentive in itself...you stake to protect your investment. It's why I do. I mean say, for example, why would someone put money in a savings account instead of in a drawer in an apartment? Interest is fractions of a percent. I just want to keep my money 'safe' from say a fire or a robber or other 'attacks'.

You are comparing your incentive to stake coins towards everyone else's and, even worse, the issues with FIAT money. I have no fear of a robber or fire resulting in loss of my coins.

Most holders are constantly switching their coins around while trying to catch the next train.

That's kind of my point though too. You can't compare incentives for everyone invested in a given coin (when you said it's easier for a pos). In what frame? By how much? I know a handful of folks in the top 100 who don't day trade and switch their coins around in terms of blackcoin. We all stake. Without you knowing who I know, and without me knowing who you know (or were using in an example when you said "most holders"), you are just taking a stab at the assumption on incentives to different people and what matters to each one personally. I'm not saying it's not a potential problem, an attack can happen on any coin, absolutely, but I am just talking about the idea that staking IS an incentive to some to protect their coins has been growing. I do think it should continue to be pushed and explain to new investors too in order to continue emphasizing the importance of not just say getting a 1% roi, but also protecting from an attack.

And to me it is comparable to fiat. They both are something you want to protect because they are worth something. You might not be worried about a robber, but people are. Including me. I have no cash stored anywhere, it's all in a bank to protect my investments. If I need cash I make the extra effort to go to an ATM and take what I need. I'm protecting my cash in a bank and I'm protecting my blackcoins by staking in my wallet.
member
Activity: 70
Merit: 10
Wall Street Takeover Update


Instead of replying to multiple comments, I decided to address some concerns in one post.

Why are we using women? It seems trashy and gives BlackCoin a bad image.

Lets face it sex sells and almost every brand uses sex to sell. Women all dressed alike will garner the attention of everyone and that is what we want. The women will be dressed in black BlackCoin T-Shirts and black jeans or leggings. They will not be dressed trashy, nor will anything inappropriate be exposed. It will be tasteful and the women we hire will have a certain professionalism. No matter if you agree with using women or not, men love to see attractive women. And men will stop and talk, interact with the women, and of course take pictures. By the end of the day BlackCoin Beauty pics and videos will be all over the net.

Why not move this to Times Square?
Been there, done that. My favorite place to have a drink is the Living Room Bar @ The W Hotel Times Square. I am a regular there and as many of you know that area is flooded with people. There is something going on there almost everyday. The problem is 50 women in Times Square will not garner the same attention as Wall Street. Also, as I pointed out we want the backdrop of Wall Street in our photos and videos. We want to associate BlackCoin with wealth. If we really wanted attention we could also give away $5000 worth of BlackCoins to some random person.

This is a waste of money, why are we doing this?
You have to spend money to make money. Yes we could place an ad in a magazine or a newspaper, and yes we could send out dozens of press releases. But this is something that will create instant buzz and give BC notoriety. It shows that this community can think out the box and we are not just another alt coins. It sends a message to the crypto community BlackCoin is on another level.

Will the women be able to explain BlackCoin?
This is not a "lets educate Wall Street about BlackCoin" campaign. We could care less if the women will be effective at explaining the mechanics of BlackCoin. Lets be honest, half the people who are invested in BlackCoin could not effectively explain the mechanics of BlackCoin. That is why the women will have sell sheets and the cards. People who receive the sell sheets and cards will eventually do their own research when they are winding down and near a computer. The purpose of this event is to attract the attention of the media, and using the images/videos to go viral.

How do we know you can pull this off?
It has already been pointed out I have a huge ego. Roll Eyes So my ego will not allow me to do anything less than a successful event. At the end of the day I want this to be perfect because it increases the value of my portfolio as well.

What if it is successful but we do not get the media attention we wanted?
We tried and that is all that matters. We can keep doing the same thing everyone else has been doing, or we can continue setting the bar higher. To be successful you have to take risks. If you are not willing to take risks then crypto is not for you.

We have a chance here to make history. If another coin copies us, we will still be the first to have done it. I say lets go make rypto history!!!


Below is the donation addresses (Please make sure you use the addresses from this original post or my signature only. Previously scammers have attempted to replace donation addresses with their own addresses when replying to the post.


Donation addresses:

BC: BQQsUdYaqCGUDhdXPADto1gKwvEA2a92TP
BTC: 12jhNVMj5kk7akem2wxDwnpQvGdro3NzJ4
LTC: LT4hiypMuPLYQT2gu3gdMjvAMqhC1w12yJ
DOGE: DRJnZVTP64phDfdoWu5VnKUUSM7p8Tf4MT



Iconic, I really love the work you do for BC. In my opinion you are doing a fantastic job. Also the way you reply to all the crap people are saying to you, is done very superb. I hope you will ever get the reward you deserve.

you are totally right
srr for the bad english
I have send you some LTC, it's not much, but I believe in this coin
sorry for the bad english

IconicExpert my congratulations again, definitely we have to be different For those who think all this madness, this is of the phrases from Steve Jobs, I would like everyone reflect and think about this sentence.




INNOVATION IS ALL STAFF!!!
legendary
Activity: 1162
Merit: 1000

but "much easier" is relative. That could still be incredibly difficult in a wider frame and is almost impossible to measure.

I think what is starting to change is *that* is the incentive in itself...you stake to protect your investment. It's why I do. I mean say, for example, why would someone put money in a savings account instead of in a drawer in an apartment? Interest is fractions of a percent. I just want to keep my money 'safe' from say a fire or a robber or other 'attacks'.

You are comparing your incentive to stake coins towards everyone else's and, even worse, the issues with FIAT money. I have no fear of a robber or fire resulting in loss of my coins.

Most holders are constantly switching their coins around while trying to catch the next train.

Right now, I don't even bother downloading a wallet for my other altcoins. Just leave them on MintPal. But BC stakes at 8 hours so I keep my money printing machine on!

Give me an idea what a "printing money machine" will be. take, for instance, 5,000 BC as an example, what  kind of printing money will it produce in my wallet and how should I go about it. Thanks!
hero member
Activity: 490
Merit: 500
hero member
Activity: 490
Merit: 500
Where can I get a Blackcoin T shirt? And BTW Im working on that Blackcoin Nascar skin Smiley
legendary
Activity: 1162
Merit: 1000




Gorgeous. How about a 3d one?
sr. member
Activity: 266
Merit: 250
Hahah...look friends: foundation-shmoundation. The Foundation hasn't even defined itself yet, give it time. Whatever. Important thing for now is this: Wall Street is happening. Blackcoin is 1% PoS, 99% community. nuff said!

As some of you know, I work in the entertainment industry. This afternoon I have a meeting with a rising TV, stage and film celebrity. I have seen her in ten shows. Hired her for one. Even acted accross from her in one. She's gorgeous, 20, and has been following my doings in crypto for the last 6 months with great interest. If that meeting goes well, she will be on board with us. You will meet her here. She will come out for Wall Street. She will be in the Blackcoin music video. She will represent like you've never dreamed. She will be a leading lady of Blackcoin across several demographics. Stay-tuned people.


Is it Debby Ryan? Smiley

or Keke Palmer?

Smiley

Even better. Stay tuned. We had a three hour meeting today. I will be posting an announcement later tonight. And yes, there will be pics.
full member
Activity: 280
Merit: 100
hero member
Activity: 868
Merit: 1000

but "much easier" is relative. That could still be incredibly difficult in a wider frame and is almost impossible to measure.

I think what is starting to change is *that* is the incentive in itself...you stake to protect your investment. It's why I do. I mean say, for example, why would someone put money in a savings account instead of in a drawer in an apartment? Interest is fractions of a percent. I just want to keep my money 'safe' from say a fire or a robber or other 'attacks'.

You are comparing your incentive to stake coins towards everyone else's and, even worse, the issues with FIAT money. I have no fear of a robber or fire resulting in loss of my coins.

Most holders are constantly switching their coins around while trying to catch the next train.

Right now, I don't even bother downloading a wallet for my other altcoins. Just leave them on MintPal. But BC stakes at 8 hours so I keep my money printing machine on!


lol, yeah i only have bitcoin blackcoin doge mint wallets
hero member
Activity: 700
Merit: 500

but "much easier" is relative. That could still be incredibly difficult in a wider frame and is almost impossible to measure.

I think what is starting to change is *that* is the incentive in itself...you stake to protect your investment. It's why I do. I mean say, for example, why would someone put money in a savings account instead of in a drawer in an apartment? Interest is fractions of a percent. I just want to keep my money 'safe' from say a fire or a robber or other 'attacks'.

You are comparing your incentive to stake coins towards everyone else's and, even worse, the issues with FIAT money. I have no fear of a robber or fire resulting in loss of my coins.

Most holders are constantly switching their coins around while trying to catch the next train.

Right now, I don't even bother downloading a wallet for my other altcoins. Just leave them on MintPal. But BC stakes at 8 hours so I keep my money printing machine on!
sr. member
Activity: 336
Merit: 250
If I compile blackcoin-qt with gcc -std=gnu++11 , I get assertion failed at kernel.cpp:GetStakeModifierChecksum().
When I remove that option, blackcoin-qt just works!  I have gcc 4.9.0-1.fc20 and boost-1.55.0 on x86_64 Fedora Linux.
full member
Activity: 196
Merit: 100
Everyone, lets vote for the future of BlackCoin and send a clear message to that Marketing Guy:

http://poll.pollcode.com/49577227

Vote for IconicExpert, this guy made so much for this community and for this coin and is being bashed by some official guys???

LETS VOTE FOR THE BRIGHT FUTURE OF BLACKCOIN

Another poll.. really? You do realize these things can be easily manipulated right~
hero member
Activity: 546
Merit: 500

Why are we using women? It seems trashy and gives BlackCoin a bad image.

Lets face it sex sells and almost every brand uses sex to sell. Women all dressed alike will garner the attention of everyone and that is what we want. The women will be dressed in black BlackCoin T-Shirts and black jeans or leggings. They will not be dressed trashy, nor will anything inappropriate be exposed. It will be tasteful and the women we hire will have a certain professionalism. No matter if you agree with using women or not, men love to see attractive women. And men will stop and talk, interact with the women, and of course take pictures. By the end of the day BlackCoin Beauty pics and videos will be all over the net.


Good point about the pictures. I didn't think about that. You should let the ladies know to use a specific hashtag when guys are posting up the pic. Come up with a good one like #blackcointakeover or something. Smiley Have 1 lady hold up a huge sign with #blackcointakeover so any random bystander who takes a pic will have the correct hashtag or QR code.

Very good idea! Actually we can put it on the T-Shirts once we agree on the hashtag. This is the kind of brainstorming we need....
Hey Iconic,

Just an idea. Why not draft a short introduction "booklet" that gives some basic information on BlackCoin and crypto's in general. It needn't be too long only 3 or so pages would be fine, just to introduce people into crypto's. You could have the girls give out the booklet just to random people as they walk by to so that they may read it on their own later and educate themselves a bit about BlackCoin and crypto's.

full member
Activity: 280
Merit: 100


I don't understand this at all. Is it supposed to be funny? Is an attempt at trolling?

Information

It fails at its purpose if that's the case, cause it is genuinely confusing. But from looking at your past history it seems you think it would be relatively easy to pull of a 51% attack on a PoS coin. If that's the case why not try an intelligent discussion?

A PoS coin is susceptible to an attack, just like PoW. However, the means of performing the attack would be much simpler. The main weakness comes from most coin holders do not (and will probably never) stake their coins in the long run.

If there are 100 coins in circulation(for example) and only 4 coins staked, that would only require 5 staked coins to perform an attack. That is how a PoS attack would be performed, having over 51% of the staked coins.

Meanwhile, PoW requires 51% of the network hash. This makes it much more impractical to destroy a coin. Neither attacks have been successfully performed to destroy a coin, but PoS attacks would be much easier.

Any coin is vulnerable to an attack.. Just like any Bank can be heisted. Just takes the right person or group to perform the attack. Never say Never. So I agree with you 100% on this.

Yes, but I am trying to emphasize how much easier it is for PoS coins. There is not enough incentive, at the moment, for coin holders to stake their coins.

but "much easier" is relative. That could still be incredibly difficult in a wider frame and is almost impossible to measure.

I think what is starting to change is *that* is the incentive in itself...you stake to protect your investment. It's why I do. I mean say, for example, why would someone put money in a savings account instead of in a drawer in an apartment? Interest is fractions of a percent. I just want to keep my money 'safe' from say a fire or a robber or other 'attacks'.

You are comparing your incentive to stake coins towards everyone else's and, even worse, the issues with FIAT money. I have no fear of a robber or fire resulting in loss of my coins.

Most holders are constantly switching their coins around while trying to catch the next train.
full member
Activity: 195
Merit: 100
Could just randomly add BC to BlackCards handed out that day? 1 lucky guy gets 1000 BC. 2 with 500 BC. 4 with 250 BC. At the worst, you get a bunch of people figuring out how to check their balances in their BC wallet.

+1. I like this idea.  Will happily donate a little extra BC to load up the cards.  Grin
full member
Activity: 126
Merit: 100

Why are we using women? It seems trashy and gives BlackCoin a bad image.

Lets face it sex sells and almost every brand uses sex to sell. Women all dressed alike will garner the attention of everyone and that is what we want. The women will be dressed in black BlackCoin T-Shirts and black jeans or leggings. They will not be dressed trashy, nor will anything inappropriate be exposed. It will be tasteful and the women we hire will have a certain professionalism. No matter if you agree with using women or not, men love to see attractive women. And men will stop and talk, interact with the women, and of course take pictures. By the end of the day BlackCoin Beauty pics and videos will be all over the net.


Good point about the pictures. I didn't think about that. You should let the ladies know to use a specific hashtag when guys are posting up the pic. Come up with a good one like #blackcointakeover or something. Smiley Have 1 lady hold up a huge sign with #blackcointakeover so any random bystander who takes a pic will have the correct hashtag or QR code.

good ideas!!

just brainstorming a bit but to add, iconic mentioned earlier a possibility was to go big and maybe do a $$ giveaway in blackcoin or something as a promo that day. maybe after a hashtag is decided upon, we can do a smaller giveaway for those who tweet with that hashtag (can that even be tracked to do?). Just thinking of how it can get trending/more exposure virally. or do a QR code or something that directs them to the blackcoin facebook page and a giveaway will be done for those who 'like' it? First thing's first is getting the funds to even do the Wall St. even but just thinking out loud!

Could just randomly add BC to BlackCards handed out that day? 1 lucky guy gets 1000 BC. 2 with 500 BC. 4 with 250 BC. At the worst, you get a bunch of people figuring out how to check their balances in their BC wallet.


All great ideas...and I am okay with whatever the community decides.

Maybe both (pending donations and other opinions of course). We could have each one loaded with 5 or 10 bc, and a few with more as bigger prizes. Like you said, they'd have to load em up to see how much they won, which means checking us out not only in person, but again when they got back to work or got home. The one advantage of connecting social media is just wider exposure. If they have to like us on facebook to get whatever prize it is, everyone on their feed will see they liked us too and expanding our visibility.
legendary
Activity: 1318
Merit: 1040

Why are we using women? It seems trashy and gives BlackCoin a bad image.

Lets face it sex sells and almost every brand uses sex to sell. Women all dressed alike will garner the attention of everyone and that is what we want. The women will be dressed in black BlackCoin T-Shirts and black jeans or leggings. They will not be dressed trashy, nor will anything inappropriate be exposed. It will be tasteful and the women we hire will have a certain professionalism. No matter if you agree with using women or not, men love to see attractive women. And men will stop and talk, interact with the women, and of course take pictures. By the end of the day BlackCoin Beauty pics and videos will be all over the net.


Good point about the pictures. I didn't think about that. You should let the ladies know to use a specific hashtag when guys are posting up the pic. Come up with a good one like #blackcointakeover or something. Smiley Have 1 lady hold up a huge sign with #blackcointakeover so any random bystander who takes a pic will have the correct hashtag or QR code.

good ideas!!

just brainstorming a bit but to add, iconic mentioned earlier a possibility was to go big and maybe do a $$ giveaway in blackcoin or something as a promo that day. maybe after a hashtag is decided upon, we can do a smaller giveaway for those who tweet with that hashtag (can that even be tracked to do?). Just thinking of how it can get trending/more exposure virally. or do a QR code or something that directs them to the blackcoin facebook page and a giveaway will be done for those who 'like' it? First thing's first is getting the funds to even do the Wall St. even but just thinking out loud!

Could just randomly add BC to BlackCards handed out that day? 1 lucky guy gets 1000 BC. 2 with 500 BC. 4 with 250 BC. At the worst, you get a bunch of people figuring out how to check their balances in their BC wallet.

Actually I think every Blackcard should have some BC. Like 10? Then they can see how awesome staking works. Unlike our altcoin competitors, you don't have to wait 2 days or 2 weeks to see it happen. Cheesy
Really like that one! So this could be some kind of a win-win lottery actually. Everybody wins but few will get more then the others - and if you mention this while giving them cards I guess even more people will try to use it!
full member
Activity: 168
Merit: 100

Why are we using women? It seems trashy and gives BlackCoin a bad image.

Lets face it sex sells and almost every brand uses sex to sell. Women all dressed alike will garner the attention of everyone and that is what we want. The women will be dressed in black BlackCoin T-Shirts and black jeans or leggings. They will not be dressed trashy, nor will anything inappropriate be exposed. It will be tasteful and the women we hire will have a certain professionalism. No matter if you agree with using women or not, men love to see attractive women. And men will stop and talk, interact with the women, and of course take pictures. By the end of the day BlackCoin Beauty pics and videos will be all over the net.


Good point about the pictures. I didn't think about that. You should let the ladies know to use a specific hashtag when guys are posting up the pic. Come up with a good one like #blackcointakeover or something. Smiley Have 1 lady hold up a huge sign with #blackcointakeover so any random bystander who takes a pic will have the correct hashtag or QR code.

Very good idea! Actually we can put it on the T-Shirts once we agree on the hashtag. This is the kind of brainstorming we need....
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