There are some points to be mentioned here:
1 - The name of the topic is related to BlackCoin, why some are b**ching and moaning about other coins whether it is scam coins or not and comparing it to BlackCoin here in this topic and trying their best to bring BlackCoin down? aha it went from 500 to 90000 went back to 30000 and there is a chance to go up again, maybe missed the train? I can bet with all money I have and more about this.
2- Coins are about business and profit, that's true and regardless what's the traded coin even it is cloned (although the dev. team of a coin has a big role of deciding which coin we shall trade for the future). Yet you can see the same fanboys are moaning about how profitable are their coins and blahing about BlackCoin is a SCAM coin. Well why don't you go then and trade your beloved coins and give us a break from your headache?
3- dev. team and other moderators honestly shall take action against such a waste of time trollers, i mean we didn't have a break from fyrstikken to find his kids-like guys next are continuing daddy's legacy of his non sense.
Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 545. (Read 2509934 times)
I think people are pulling out of Blackcoin because the big growth is over and done.
Whitecoin is moving. And PoS ends like what in 3 hrs.
BC lovers say WC sucks, it's nothing but a copy coin.
I'm moving into WC. I hope it copies BC verbatim. 1200 to 50000.
That my friends is MONEY!
Whitecoin is moving. And PoS ends like what in 3 hrs.
BC lovers say WC sucks, it's nothing but a copy coin.
I'm moving into WC. I hope it copies BC verbatim. 1200 to 50000.
That my friends is MONEY!
First off, Whitecoin is a joke and stands no chance of ever surpassing Blackcoin.
However in the short-term Blackcoin has a high volume low at 27300 which stands a good chance of being re-tested in the next 24 hours
While Whitecoin has 2 high volume highs at 1440 and 1289 with somewhat low volume off those tops (which is bullish).
I personally have just traded a very small amount of BC proceeds to buy some WC with a hopeful plan of buying even more BC afterwards. I don't post stops publicly however if I see high volume bring down WC or high volume bring up BC I'm reverting back to BC. First target is 1289 followed by 1440.
JL
Panic Sell Now & Regret It Later
I have always been upfront with this community and I have made promises that I have kept and assurances I made that I intend on keeping. I have displayed numerous times I am here for this community, and many of you have contacted me personally and I always take the time to respond. I am not here for the developers or the large investors, I am here for you. We have seen ups and we have seen downs, and let us not forget less than two weeks ago we were trading at 5000 sat. Unfortunately every week can't be a slingshot to the moon. Some weeks will be slightly down weeks, and other weeks will be even worse. Yesterday I backed the idea of a public pump because at the time it seemed the community wanted it, and I felt we all needed something to rally behind. The community took a vote and I canceled the public pump based on that vote.
Now today everyone is panicking because the price of BC is going down a bit. If I am not panicking then you shouldn't be. Next week I have some surprises that will get everyone excited, and as I have stated I am working hard on the May super event. I am also personally working on major deals that will bring a ton of value to BlackCoin. So if you want to sell because we are not currently trading at 80k sat, then go right ahead and sell. But I promises you a few weeks from now you will be singing the blues like the people who sold at 500 sat, 1000 sat, 5000 sat, and 10000 sat.
I would like to make it clear that no crypto-coin, fiat currency, or stock has 365 days of upward movement. No financial product known to man is immune to down days!!!
To the trolls and the agitators who come in here every time we have a down day and claim BlackCoin is dead. If BlackCoin is dead and is the 8th highest coin in Market Cap, and the 3rd most traded coin in volume, then what does that say about the other coins??? If BlackCoin is dead and is trading better than more than 98% of the other coins, does that must mean more than 98% of the coins are all dead???
I have always been upfront with this community and I have made promises that I have kept and assurances I made that I intend on keeping. I have displayed numerous times I am here for this community, and many of you have contacted me personally and I always take the time to respond. I am not here for the developers or the large investors, I am here for you. We have seen ups and we have seen downs, and let us not forget less than two weeks ago we were trading at 5000 sat. Unfortunately every week can't be a slingshot to the moon. Some weeks will be slightly down weeks, and other weeks will be even worse. Yesterday I backed the idea of a public pump because at the time it seemed the community wanted it, and I felt we all needed something to rally behind. The community took a vote and I canceled the public pump based on that vote.
Now today everyone is panicking because the price of BC is going down a bit. If I am not panicking then you shouldn't be. Next week I have some surprises that will get everyone excited, and as I have stated I am working hard on the May super event. I am also personally working on major deals that will bring a ton of value to BlackCoin. So if you want to sell because we are not currently trading at 80k sat, then go right ahead and sell. But I promises you a few weeks from now you will be singing the blues like the people who sold at 500 sat, 1000 sat, 5000 sat, and 10000 sat.
I would like to make it clear that no crypto-coin, fiat currency, or stock has 365 days of upward movement. No financial product known to man is immune to down days!!!
To the trolls and the agitators who come in here every time we have a down day and claim BlackCoin is dead. If BlackCoin is dead and is the 8th highest coin in Market Cap, and the 3rd most traded coin in volume, then what does that say about the other coins??? If BlackCoin is dead and is trading better than more than 98% of the other coins, does that must mean more than 98% of the coins are all dead???
I'm white can I mine this? 
No, the only way to go is... WhiteCoin
Look at the date on that. Its from page 3. Brightlight is a prophet lol
@ IconicExpert...
You are one of the main reason I am holding my coins purchased at 50k and not losing sleep. You are doing a great job! Keep up the good work...
You are one of the main reason I am holding my coins purchased at 50k and not losing sleep. You are doing a great job! Keep up the good work...
Isn't IE the same guy who made this thread:
https://bitcointalksearch.org/topic/6-reasons-why-you-should-buy-or-hold-onto-your-blackcoins-578797
https://bitcointalksearch.org/topic/6-reasons-why-you-should-buy-or-hold-onto-your-blackcoins-578797
Hope you didnt follow his advice, you'd be down about 40% right now ...
As I understand it (i could be incorrect) Transaction time is the minimum time a crypto network can confirm a coin transfer from one account/wallet to another. For PoW coins this is slightly higher than their block time. PoS coins can have a MUCH faster block time, but fluctuate more with their transaction speeds due to lack of hashing power (no heavy CPU, GPU or ASIC providing the power), therefore average confirmation time (proof of a successful transaction) is more appropriate for comparison.
Oddly, the BlackCoin specs state a 1 minute block time, which while true for the PoW distribution stage cannot be correct for its now PoS network, as the confirmation times have been as fast as 32 seconds, as per bitinfocharts.com
Oddly, the BlackCoin specs state a 1 minute block time, which while true for the PoW distribution stage cannot be correct for its now PoS network, as the confirmation times have been as fast as 32 seconds, as per bitinfocharts.com
A transaction is a data bundle, if you like, with the info needed to be added to the blockchain. It needs to be confirmed at least once, a confirmation. The links you've provided shows the first confirmation takes 0.89 minutes on average. It takes 10 confirmations to be absolutely safe.
Wherr does the 10 sec come in?
From my previous looks at the official Blockchain explorer... which now shows transactions as quick as 2 seconds, so the network could be even quicker for transactions than 10 seconds
http://blocks.blackcoin.pw/chain/BlackCoin
Block Approx. Time Transactions Value Out Difficulty Outstanding Average Age Chain Age % CoinDD
86469 2014-04-25 00:25:14 3 4529.49055015 0.268 74514476.59108503 12.1918 59.7675 78.6195%
86468 2014-04-25 00:24:31 2 1125.14479714 0.237 74514476.48124018 12.1917 59.767 78.6194%
86467 2014-04-25 00:24:29 2 6268.51900027 0.216 74514476.36252451 12.1917 59.767 78.6194%
86466 2014-04-25 00:24:15 2 2451.75011091 0.223 74514474.5298787 12.1924 59.7668 78.618%
86465 2014-04-25 00:22:58 3 1745.16441788 0.23 74514474.37055986 12.1916 59.7659 78.6191%
86464 2014-04-25 00:21:41 4 7801.43828072 0.254 74514473.95636921 12.1909 59.7651 78.62%
86463 2014-04-25 00:19:48 2 3000.90649713 0.339 74514473.69240755 12.1903 59.7638 78.6207%
86462 2014-04-25 00:15:58 2 3501.16701899 0.339 74514473.59945559 12.1876 59.7611 78.6243%
86461 2014-04-25 00:16:30 3 2048.69126806 0.327 74514473.35841021 12.1881 59.7615 78.6236%
86460 2014-04-25 00:15:49 3 1138.69085308 0.325 74514472.6538097 12.188 59.761 78.6236%
86459 2014-04-25 00:14:52 2 11384.21974278 0.291 74514472.49684546 12.1874 59.7603 78.6244%
86458 2014-04-25 00:14:44 2 1050.36406836 0.278 74514471.47026702 12.1878 59.7602 78.6236%
86457 2014-04-25 00:14:07 3 1517.59626968 0.282 74514471.27530063 12.1875 59.7598 78.624%
86456 2014-04-25 00:13:00 2 6000.39043972 0.249 74514471.2159428 12.1868 59.759 78.625%
But you have shown the average is 0.89 minutes, why point to favourable runs as if they are common? The facts are 0.89minutes for first confirmation.
There is also a 4min block and 2min block in the list
In my post of highlights, I stated two points:
1. Transaction time of 10 seconds, which as now shown is incorrect and is indeed even faster.
2. Confirmation time of under a minute, which as you agree is correct. This is also faster than any other crypto in the top 10, factually correct.
In advertising any product or service, it's important to use factually positive statements
While the blockchain explorer shows some transaction/confirmation blocks can take upto 4 minutes, the average is still under a minute, faster than any other top10 crypto. It is possible - not a dev so unsure on this - that the longer gaps are due to periods of no transactions taking place, i.e. confirmations are not required?For comparison purposes, if a network (e.g. the excellent NXT framework) has a stated block time of 1 minute, then it's average confirmation time can only ever be slower than that, likely somewhere between 1 and 1m30s. Slightly off topic, once NXT has greatly improved it's API tools for traders, exchanges and merchants, and remove it's image of being poorly distributed, then it should well prove more popular. Definitely one to watch
I don't agree and you are setting new users up for disappointment. I don't think you have understood what I have said and you're creating sub divisions in terminology that don't exist.
Let's take a break, you can go to bed and we'll catch up later. When people can sense DUF as well as they can FUD, the cryptoworld will be a much better place for it
I'll leave with a question, what is a 'transaction time' if you distinguish transactions seperately from getting confirmations?
Oh wow, it this the BLACKCOIN thread or the
let-me-promote-my-totally-unrelated-service-for-some-other-coin thread?
Can we stay on topic?
let-me-promote-my-totally-unrelated-service-for-some-other-coin thread?
Can we stay on topic?
i think its too late soepkip, this place isoverrun now
It needs to be moderated! One of the coin devs should take the charge here.
Never. A self moderated thread on here is a quick key to a rapidly declining reputation - just look at LOTTO and a other overzealous devs - just let this place patter on, and promote blackcointalk for people who want more succinct and pertinent info...
i think i agree with this.if this thread is meant for doom I guess thats just the way it is. if people are smart enough they should be able to figure out what is FUD or spam on their own.
As I understand it (i could be incorrect) Transaction time is the minimum time a crypto network can confirm a coin transfer from one account/wallet to another. For PoW coins this is slightly higher than their block time. PoS coins can have a MUCH faster block time, but fluctuate more with their transaction speeds due to lack of hashing power (no heavy CPU, GPU or ASIC providing the power), therefore average confirmation time (proof of a successful transaction) is more appropriate for comparison.
Oddly, the BlackCoin specs state a 1 minute block time, which while true for the PoW distribution stage cannot be correct for its now PoS network, as the confirmation times have been as fast as 32 seconds, as per bitinfocharts.com
Oddly, the BlackCoin specs state a 1 minute block time, which while true for the PoW distribution stage cannot be correct for its now PoS network, as the confirmation times have been as fast as 32 seconds, as per bitinfocharts.com
A transaction is a data bundle, if you like, with the info needed to be added to the blockchain. It needs to be confirmed at least once, a confirmation. The links you've provided shows the first confirmation takes 0.89 minutes on average. It takes 10 confirmations to be absolutely safe.
Wherr does the 10 sec come in?
From my previous looks at the official Blockchain explorer... which now shows transactions as quick as 2 seconds, so the network could be even quicker for transactions than 10 seconds
http://blocks.blackcoin.pw/chain/BlackCoin
Block Approx. Time Transactions Value Out Difficulty Outstanding Average Age Chain Age % CoinDD
86469 2014-04-25 00:25:14 3 4529.49055015 0.268 74514476.59108503 12.1918 59.7675 78.6195%
86468 2014-04-25 00:24:31 2 1125.14479714 0.237 74514476.48124018 12.1917 59.767 78.6194%
86467 2014-04-25 00:24:29 2 6268.51900027 0.216 74514476.36252451 12.1917 59.767 78.6194%
86466 2014-04-25 00:24:15 2 2451.75011091 0.223 74514474.5298787 12.1924 59.7668 78.618%
86465 2014-04-25 00:22:58 3 1745.16441788 0.23 74514474.37055986 12.1916 59.7659 78.6191%
86464 2014-04-25 00:21:41 4 7801.43828072 0.254 74514473.95636921 12.1909 59.7651 78.62%
86463 2014-04-25 00:19:48 2 3000.90649713 0.339 74514473.69240755 12.1903 59.7638 78.6207%
86462 2014-04-25 00:15:58 2 3501.16701899 0.339 74514473.59945559 12.1876 59.7611 78.6243%
86461 2014-04-25 00:16:30 3 2048.69126806 0.327 74514473.35841021 12.1881 59.7615 78.6236%
86460 2014-04-25 00:15:49 3 1138.69085308 0.325 74514472.6538097 12.188 59.761 78.6236%
86459 2014-04-25 00:14:52 2 11384.21974278 0.291 74514472.49684546 12.1874 59.7603 78.6244%
86458 2014-04-25 00:14:44 2 1050.36406836 0.278 74514471.47026702 12.1878 59.7602 78.6236%
86457 2014-04-25 00:14:07 3 1517.59626968 0.282 74514471.27530063 12.1875 59.7598 78.624%
86456 2014-04-25 00:13:00 2 6000.39043972 0.249 74514471.2159428 12.1868 59.759 78.625%
But you have shown the average is 0.89 minutes, why point to favourable runs as if they are common? The facts are 0.89minutes for first confirmation.
There is also a 4min block and 2min block in the list
In my post of highlights, I stated two points:
1. Transaction time of 10 seconds, which as now shown is incorrect and is indeed even faster.
2. Confirmation time of under a minute, which as you agree is correct. This is also faster than any other crypto in the top 10, factually correct.
In advertising any product or service, it's important to use factually positive statements
While the blockchain explorer shows some transaction/confirmation blocks can take upto 4 minutes, the average is still under a minute, faster than any other top10 crypto. It is possible - not a dev so unsure on this - that the longer gaps are due to periods of no transactions taking place, i.e. confirmations are not required?For comparison purposes, if a network (e.g. the excellent NXT framework) has a stated block time of 1 minute, then it's average confirmation time can only ever be slower than that, likely somewhere between 1 and 1m30s. Slightly off topic, once NXT has greatly improved it's API tools for traders, exchanges and merchants, and remove it's image of being poorly distributed, then it should well prove more popular. Definitely one to watch
Oh wow, it this the BLACKCOIN thread or the
let-me-promote-my-totally-unrelated-service-for-some-other-coin thread?
Can we stay on topic?
let-me-promote-my-totally-unrelated-service-for-some-other-coin thread?
Can we stay on topic?
i think its too late soepkip, this place isoverrun now
It needs to be moderated! One of the coin devs should take the charge here.
The convo the announcements EVERYTHING BlackCoin needs to move over to reddit. Let the trolls talk to themselves here and promote their own agenda. Just post here to tell people where to go!
Oh wow, it this the BLACKCOIN thread or the
let-me-promote-my-totally-unrelated-service-for-some-other-coin thread?
Can we stay on topic?
let-me-promote-my-totally-unrelated-service-for-some-other-coin thread?
Can we stay on topic?
i think its too late soepkip, this place isoverrun now
It needs to be moderated! One of the coin devs should take the charge here.
Never. A self moderated thread on here is a quick key to a rapidly declining reputation - just look at LOTTO and a other overzealous devs - just let this place patter on, and promote blackcointalk for people who want more succinct and pertinent info...
i think i agree with this.if this thread is meant for doom I guess thats just the way it is. if people are smart enough they should be able to figure out what is FUD or spam on their own.
Oh wow, it this the BLACKCOIN thread or the
let-me-promote-my-totally-unrelated-service-for-some-other-coin thread?
Can we stay on topic?
let-me-promote-my-totally-unrelated-service-for-some-other-coin thread?
Can we stay on topic?
i think its too late soepkip, this place isoverrun now
It needs to be moderated! One of the coin devs should take the charge here.
Never. A self moderated thread on here is a quick key to a rapidly declining reputation - just look at LOTTO and a other overzealous devs - just let this place patter on, and promote blackcointalk for people who want more succinct and pertinent info...
Oh wow, it this the BLACKCOIN thread or the
let-me-promote-my-totally-unrelated-service-for-some-other-coin thread?
Can we stay on topic?
let-me-promote-my-totally-unrelated-service-for-some-other-coin thread?
Can we stay on topic?
i think its too late soepkip, this place isoverrun now
Am I off topic?
Oh wow, it this the BLACKCOIN thread or the
let-me-promote-my-totally-unrelated-service-for-some-other-coin thread?
Can we stay on topic?
let-me-promote-my-totally-unrelated-service-for-some-other-coin thread?
Can we stay on topic?
i think its too late soepkip, this place isoverrun now
It needs to be moderated! One of the coin devs should take the charge here.
As I understand it (i could be incorrect) Transaction time is the minimum time a crypto network can confirm a coin transfer from one account/wallet to another. For PoW coins this is slightly higher than their block time. PoS coins can have a MUCH faster block time, but fluctuate more with their transaction speeds due to lack of hashing power (no heavy CPU, GPU or ASIC providing the power), therefore average confirmation time (proof of a successful transaction) is more appropriate for comparison.
Oddly, the BlackCoin specs state a 1 minute block time, which while true for the PoW distribution stage cannot be correct for its now PoS network, as the confirmation times have been as fast as 32 seconds, as per bitinfocharts.com
Oddly, the BlackCoin specs state a 1 minute block time, which while true for the PoW distribution stage cannot be correct for its now PoS network, as the confirmation times have been as fast as 32 seconds, as per bitinfocharts.com
A transaction is a data bundle, if you like, with the info needed to be added to the blockchain. It needs to be confirmed at least once, a confirmation. The links you've provided shows the first confirmation takes 0.89 minutes on average. It takes 10 confirmations to be absolutely safe.
Wherr does the 10 sec come in?
From my previous looks at the official Blockchain explorer... which now shows transactions as quick as 2 seconds, so the network could be even quicker for transactions than 10 seconds
http://blocks.blackcoin.pw/chain/BlackCoin
Block Approx. Time Transactions Value Out Difficulty Outstanding Average Age Chain Age % CoinDD
86469 2014-04-25 00:25:14 3 4529.49055015 0.268 74514476.59108503 12.1918 59.7675 78.6195%
86468 2014-04-25 00:24:31 2 1125.14479714 0.237 74514476.48124018 12.1917 59.767 78.6194%
86467 2014-04-25 00:24:29 2 6268.51900027 0.216 74514476.36252451 12.1917 59.767 78.6194%
86466 2014-04-25 00:24:15 2 2451.75011091 0.223 74514474.5298787 12.1924 59.7668 78.618%
86465 2014-04-25 00:22:58 3 1745.16441788 0.23 74514474.37055986 12.1916 59.7659 78.6191%
86464 2014-04-25 00:21:41 4 7801.43828072 0.254 74514473.95636921 12.1909 59.7651 78.62%
86463 2014-04-25 00:19:48 2 3000.90649713 0.339 74514473.69240755 12.1903 59.7638 78.6207%
86462 2014-04-25 00:15:58 2 3501.16701899 0.339 74514473.59945559 12.1876 59.7611 78.6243%
86461 2014-04-25 00:16:30 3 2048.69126806 0.327 74514473.35841021 12.1881 59.7615 78.6236%
86460 2014-04-25 00:15:49 3 1138.69085308 0.325 74514472.6538097 12.188 59.761 78.6236%
86459 2014-04-25 00:14:52 2 11384.21974278 0.291 74514472.49684546 12.1874 59.7603 78.6244%
86458 2014-04-25 00:14:44 2 1050.36406836 0.278 74514471.47026702 12.1878 59.7602 78.6236%
86457 2014-04-25 00:14:07 3 1517.59626968 0.282 74514471.27530063 12.1875 59.7598 78.624%
86456 2014-04-25 00:13:00 2 6000.39043972 0.249 74514471.2159428 12.1868 59.759 78.625%
But you have shown the average is 0.89 minutes, why point to favourable runs as if they are typical? The facts are 0.89minutes for first confirmation.
There is also a 4min block and 2min block in the list.
As I understand it (i could be incorrect) Transaction time is the minimum time a crypto network can confirm a coin transfer from one account/wallet to another. For PoW coins this is slightly higher than their block time. PoS coins can have a MUCH faster block time, but fluctuate more with their transaction speeds due to lack of hashing power (no heavy CPU, GPU or ASIC providing the power), therefore average confirmation time (proof of a successful transaction) is more appropriate for comparison.
Oddly, the BlackCoin specs state a 1 minute block time, which while true for the PoW distribution stage cannot be correct for its now PoS network, as the confirmation times have been as fast as 32 seconds, as per bitinfocharts.com
Oddly, the BlackCoin specs state a 1 minute block time, which while true for the PoW distribution stage cannot be correct for its now PoS network, as the confirmation times have been as fast as 32 seconds, as per bitinfocharts.com
A transaction is a data bundle, if you like, with the info needed to be added to the blockchain. It needs to be confirmed at least once, a confirmation. The links you've provided shows the first confirmation takes 0.89 minutes on average. It takes 10 confirmations to be absolutely safe.
Wherr does the 10 sec come in?
I think (warning: guess) that 10 sec means that you are very lucky and your transaction gets included in a block instantly after getting broadcasted + this block gets accepted shortly after that.
I just sent 1 BC from one address to another (several times) and it took 20 - 50 sec for them to get their first confirmation.
Oh wow, it this the BLACKCOIN thread or the
let-me-promote-my-totally-unrelated-service-for-some-other-coin thread?
Can we stay on topic?
let-me-promote-my-totally-unrelated-service-for-some-other-coin thread?
Can we stay on topic?
i think its too late soepkip, this place isoverrun now
As I understand it (i could be incorrect) Transaction time is the minimum time a crypto network can confirm a coin transfer from one account/wallet to another. For PoW coins this is slightly higher than their block time. PoS coins can have a MUCH faster block time, but fluctuate more with their transaction speeds due to lack of hashing power (no heavy CPU, GPU or ASIC providing the power), therefore average confirmation time (proof of a successful transaction) is more appropriate for comparison.
Oddly, the BlackCoin specs state a 1 minute block time, which while true for the PoW distribution stage cannot be correct for its now PoS network, as the confirmation times have been as fast as 32 seconds, as per bitinfocharts.com
Oddly, the BlackCoin specs state a 1 minute block time, which while true for the PoW distribution stage cannot be correct for its now PoS network, as the confirmation times have been as fast as 32 seconds, as per bitinfocharts.com
A transaction is a data bundle, if you like, with the info needed to be added to the blockchain. It needs to be confirmed at least once, a confirmation. The links you've provided shows the first confirmation takes 0.89 minutes on average. It takes 10 confirmations to be absolutely safe.
Wherr does the 10 sec come in?
From my previous looks at the official Blockchain explorer... which now shows transactions as quick as 2 seconds, so the network could be even quicker for transactions than 10 seconds
http://blocks.blackcoin.pw/chain/BlackCoin
Block Approx. Time Transactions Value Out Difficulty Outstanding Average Age Chain Age % CoinDD
86469 2014-04-25 00:25:14 3 4529.49055015 0.268 74514476.59108503 12.1918 59.7675 78.6195%
86468 2014-04-25 00:24:31 2 1125.14479714 0.237 74514476.48124018 12.1917 59.767 78.6194%
86467 2014-04-25 00:24:29 2 6268.51900027 0.216 74514476.36252451 12.1917 59.767 78.6194%
86466 2014-04-25 00:24:15 2 2451.75011091 0.223 74514474.5298787 12.1924 59.7668 78.618%
86465 2014-04-25 00:22:58 3 1745.16441788 0.23 74514474.37055986 12.1916 59.7659 78.6191%
86464 2014-04-25 00:21:41 4 7801.43828072 0.254 74514473.95636921 12.1909 59.7651 78.62%
86463 2014-04-25 00:19:48 2 3000.90649713 0.339 74514473.69240755 12.1903 59.7638 78.6207%
86462 2014-04-25 00:15:58 2 3501.16701899 0.339 74514473.59945559 12.1876 59.7611 78.6243%
86461 2014-04-25 00:16:30 3 2048.69126806 0.327 74514473.35841021 12.1881 59.7615 78.6236%
86460 2014-04-25 00:15:49 3 1138.69085308 0.325 74514472.6538097 12.188 59.761 78.6236%
86459 2014-04-25 00:14:52 2 11384.21974278 0.291 74514472.49684546 12.1874 59.7603 78.6244%
86458 2014-04-25 00:14:44 2 1050.36406836 0.278 74514471.47026702 12.1878 59.7602 78.6236%
86457 2014-04-25 00:14:07 3 1517.59626968 0.282 74514471.27530063 12.1875 59.7598 78.624%
86456 2014-04-25 00:13:00 2 6000.39043972 0.249 74514471.2159428 12.1868 59.759 78.625%
Oh wow, it this the BLACKCOIN thread or the
let-me-promote-my-totally-unrelated-service-for-some-other-coin thread?
Can we stay on topic?
let-me-promote-my-totally-unrelated-service-for-some-other-coin thread?
Can we stay on topic?
As I understand it (i could be incorrect) Transaction time is the minimum time a crypto network can confirm a coin transfer from one account/wallet to another. For PoW coins this is slightly higher than their block time. PoS coins can have a MUCH faster block time, but fluctuate more with their transaction speeds due to lack of hashing power (no heavy CPU, GPU or ASIC providing the power), therefore average confirmation time (proof of a successful transaction) is more appropriate for comparison.
Oddly, the BlackCoin specs state a 1 minute block time, which while true for the PoW distribution stage cannot be correct for its now PoS network, as the confirmation times have been as fast as 32 seconds, as per bitinfocharts.com
Oddly, the BlackCoin specs state a 1 minute block time, which while true for the PoW distribution stage cannot be correct for its now PoS network, as the confirmation times have been as fast as 32 seconds, as per bitinfocharts.com
A transaction is a data bundle, if you like, with the info needed to be added to the blockchain. It needs to be confirmed at least once, a confirmation. The links you've provided shows the first confirmation takes 0.89 minutes on average. It takes 10 confirmations to be absolutely safe.
Wherr does the 10 sec come in?
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