Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 95. (Read 2510314 times)

Blackhalo has a pretty foolproof way of storing a wallet. It works with two keys, the wallet allows you to embed these keys into jpg files which you can then email to yourself. Because you are the only one with photos are the keys you don't have to worry for some hacker compromising your email and searching for a wallet.dat in your attachments. Combine that with gmail's authentication security and you got a pretty idiotproof way of keeping your wallet safe. 

Cold storage is still more secure but to many people the risk is in losing the physical medium they stored the keys on. You won't lose your email in a house fire. 

Now what I think any crypto wallet needs, is multiple layers of security: 

Moving ALL coins: 3 keys 
Moving 1000 coins: 2 keys
Moving 500 coins: 1 keys
Moving 100 coins: No key   
(Coin amounts set at user's own discretion) 

This gives people the security against complete robbery but also the convenience of online wallets. If a hacker find your wallet he'll basically get the 100 coins for free but the rest stays. The more coins you want to move the more keys you need.   

Secondly, for even more convenience the amount of POSSIBLE keys could be more than 3. A person could hold, say, 6 keys and in order to move the coins you'd need 3 out of 6 keys (Or whatever ratio they want to set). This protects users against losing one key and being locked out of their entire wallet. Having the other keys available allows the user to either create a new key (not safe if that person doesn't know where the key ended up, but perfectly safe if the key got lost in a flood or in a house fire), or just start an entirely new wallet from scratch. 

This seems like something Zimbeck is capable of doing (if he has the time). And it gives a much needed flexibility between convenience and security.

like it and hold it, coding in this coin is very solid, glad to see developer engaged!

New ATH within a week the way the volume/price graphs are looking. Time to load up on some 'racially ambivalent coin'

Hi rat4... interesting name change haha.

So I had a small issue with watchonly wallets... maybe with reorgs, I posted to your github. Maybe my eyes were playing tricks on me wanted you to double check why I have this disappearing reappearing input issue.

Nice to see you coding

Probably needs to consolidate a bit now, but it's good to see that China is taking a nice lead every rise lately. Combine this with what Rat4 might have in store for us and the future seems pretty bright indeed

It is pumping right now. Nice to be a part of all this. Hope we can touch 20k sat today or tomorrow may be.

I just scroll down my transaction history in my BLK wallet and i reall had 50K Blackys as the price was 0.023 Dollar LOL , Fck my life man 


Seems like china is Pushing price hard to the sky

There is still a long way to the ATH of BLK at almost 100000 sats during its first huge pump on Mintpal. For sure if it will be overtaken it can easily go 10X from there.

Well , we nearly touched the all time high of BLK , i wonder where the next Bottom will be.

If there will be no Bitcoin and crypto crisis we can expect nearly the same price as Litecoin  

It's fine don't worry in the end every little chunk will be worth a lot just sit on your 2000 Blackcoins and enjoy the ride from here to a new ATH soon.

Oh hello India.

With this rate of Increase it'll be 2 Dollar soon , good for those who hodl'd a long time... i only have 2k Blackys still in profit 

It was long enough time waiting for the price of BLK to shot up. Already above 10000 sats on Poloniex and rising. I feel this is only the start of a huge increase in value supported by great news coming soon. 

what's new in v5?

Yeah fantastic, 'drunk' should be a great benchmark. The biggest fear for everyone is losing their wallet in one click. And so far it really seems that the biggest threat to someone's coins is themselves. So the most accessible wallet should be one that puts the bulk of the money aside but doesn't need the whole key, just a password. Maybe a google authenticator or something. 

As for payments. These should use the chipcard system. Where you can load a limited amount of money (say, up to $500 but sensibly far less) on your card and you can simply pay with QR code scans.   

Unfortunately this is correct, there is a reason the average person prefers online wallets.  Its just more convenient and less hassle for them to manage 'in the cloud' then be sure of themselves handling the files.   Its a small task to anyone half way acquainted with computers but the path of least resistance is what you should expect the masses to follow.
We definitely do want the masses of people who are only half way interested in crypto currency to be involved, we want people who really only have a desire to transfer currency occasionally to be interested.  There is a small tendency by computer enthusiasts to tend towards elitism, kind of a competitive spirit but it should never be applied for a consumer facing product where your random consumer should be allowed to be an idiot and suffer no detriment in use of the product.   My ideal would be someone drunk can use that product, literally they are out of it but its usable to them still that would be the gold standard imo.   The average person is just incredibly distracted and their focus is miles away from proper usage
 Its a really basic point nothing new but I do imagine its a big factor in success of pretty much every product I look at.  I used to deal with Doctors and Lawyers who are clever people but had failed in basic points of their use of computers, frustratingly wrong on simple usage but my purpose was to translate it to their use of the product so it was straight forward for them.
  People just wont bother in the majority to alter their thinking to match a product, more likely they will keep skipping over anything till something they fall over is understandable to them.  My fear is the banks make some killer app for phones and crypto wallets lose alot on business, of course all those people will be lost into the FIAT system which is haemorrhaging money to politics

Cryptocurrency in general isn't exactly accessible unless you're a nerd. But making software more accessible without making it less secure is very tricky. Online wallets are more easy to use but they're way less secure.

More important than price is the development route.

As long as the right path, I think the price will rise.

Hello Mr. DrDolittle,

First of all, thank you for your hard work, you made a lot of contributions to the blackcoin.

For the long-term development of blackcoin,I have some suggestions:

Please add an automatic donation feature option on the blackcoin QT wallet. For example, set up automatic donation mining 5%~30%.

This is very convenient, I believe a lot of people will be willing to donate.

For those who don't want to donate, give them an option to close the donation.

You control the fund , Fund reward developer, New users for developing new areas. And for marketing.

Now, there are a lot of competing currencies. Blackcoin should also take the initiative.

------------

In addition, blackcoin Wallet should be more humane.

I've developed a lot of new users in China, and I know what most people need.

Many users are not computer experts,They don't even know how to set dataDir . Several people lost his wallet for this reason.

When the wallet is running for the first time, it should have the function of selecting the directory.

In addition, the slow synchronization data, whether there is a better solution?

I'm all for more speed. But giving a bonus award to larger nodes with a minimum requirement may lock smaller users out of the most of the PoS rewards. Say a BLK 100,0000 requirement to become a masternode doesn't seem like much now (almost $1000 as we speak). But should BLK ever be worth a few dollars then you'd need to be incredibly wealthy to lay claim to the masternode rewards.