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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 97. (Read 2510314 times)

newbie
Activity: 24
Merit: 1
jr. member
Activity: 98
Merit: 2
sr. member
Activity: 602
Merit: 250
Of course miners aren't going to like a coin that doesn't need them. I don't see how that's a problem for PoS coins.
sr. member
Activity: 476
Merit: 250
in my opinion, POS coin will attract people's attention in the next three or six month, and the coins like blk, ppc. the price will rise. so hold your blackcoin Smiley
i donot think so

pow is the future
What happened to BLK multipool i remember this was once unique system for stability and prosperity..? People love POW and all those who already invested in hardware will try to stay in game. POS is good but miners won't be interested, and they are in good number on this forum!
legendary
Activity: 3990
Merit: 2695
In the last time my Blackcoin Wallet (newest) crash at my Raspberry with this error?

Quote
pi@raspberrypi:~/blackcoin $ ./blackcoin-qt
Xlib:  extension "RANDR" missing on display ":1.0".
*** Error in `./blackcoin-qt': malloc(): smallbin double linked list corrupted: 0x10b1dc18 ***
Abgebrochen

Anyone have an idea?

regards
sr. member
Activity: 602
Merit: 250
On a deeply technical level I wouldn't be able to tell which type is best. All I can say is that for a currency that uses PoW, to have a separate party managing the security, transaction speed and inflation rate is just grossly unelegant. The idea of having giant mining farms / pools calling the shot over a coin is just jarring. There's just always contention between holders and miners in PoW coin communities. I liked how scrypt provided a solution to the original PoW and I liked it even better when PoS appeared and internalised all the work of the miners into those who actually held and used the coins.

So yeah. People are catching up to PoS. It already has worked fine for years now without much controversy. Most PoS coins could have handled their early distribution better, but now that these coins have matured at a very low price that argument is getting weaker by the day.  

Quote
If its useful to the community, it should occur without needing to be anyones opinions or agenda exactly.

Yes. I wholeheartedly agree with that.
STT
legendary
Activity: 4102
Merit: 1454
I doubt we will be fixed into one course like some kind of communist command economy.  Competitive capitalism will occur and we may even see a mix of both, blackcoin did have POW to start. Maybe its time for the POW coins to have some POS or who knows what happens.  
If its useful to the community, it should occur without needing to be anyones opinions or agenda exactly.   Genuine demand exists I hope in increasing amounts

I see positives in how bitcoin is so busy that they have too much business and this is their trouble, it makes it more likely another coin will get at least some of that trade that is not efficiently handled by bitcoin.  
newbie
Activity: 13
Merit: 0
in my opinion, POS coin will attract people's attention in the next three or six month, and the coins like blk, ppc. the price will rise. so hold your blackcoin Smiley
i donot think so

pow is the future
full member
Activity: 145
Merit: 100
in my opinion, POS coin will attract people's attention in the next three or six month, and the coins like blk, ppc. the price will rise. so hold your blackcoin Smiley
sr. member
Activity: 243
Merit: 250
blackcoin, I AM BACK Smiley

Hello. First post since 2014 I see. Welcome back!

nice to see you

It's been over two years I remember, welcome back! And I'm back too! Wink

PoS is the future!
full member
Activity: 145
Merit: 100
full member
Activity: 145
Merit: 132
It would make blk compatible with vast big field of bitcoin software that is available now

Don't forget the opposite effect: it would make PoS available to vast big field of bitcoin forks that exists now  Shocked

you mean ...suddenly big cake, which others can eat too? ;P
full member
Activity: 329
Merit: 197
Two-way squared
It would make blk compatible with vast big field of bitcoin software that is available now

Don't forget the opposite effect: it would make PoS available to vast big field of bitcoin forks that exists now  Shocked
full member
Activity: 145
Merit: 132
Yes, It would make blk compatible with vast big field of bitcoin software that is available now, BlackCoin should be able to use blocktime in staking and remove nTime altogether.
Maybe in POS 4.0?

The idea already influenced protocol so much that you can clearly see it now  Smiley

https://www.youtube.com/watch?v=NkwJ-g0iJ6w
full member
Activity: 329
Merit: 197
Two-way squared
Yes, It would make blk compatible with vast big field of bitcoin software that is available now, BlackCoin should be able to use blocktime in staking and remove nTime altogether.
Maybe in POS 4.0?

The idea already influenced protocol so much that you can clearly see it now  Smiley
full member
Activity: 145
Merit: 132
Quote
Other than for legacy reasons (peercoin's coinage stuff), was there any reason for keeping the nTime field in transactions, and referencing the txPrevTime (rather than just txPrevHash) in PoSv3? I've been analyzing the consensus rules around the transaction nTime and it seems to add a lot of restrictions and potential attack vectors, but for no obvious benefit. Can you share any insight into that?

It should be possible to remove nTime from transaction. I didn't go that deep because of compatibility reasons.

Yes, It would make blk compatible with vast big field of bitcoin software that is available now, BlackCoin should be able to use blocktime in staking and remove nTime altogether.
Maybe in POS 4.0?
full member
Activity: 329
Merit: 197
Two-way squared
Quote
Other than for legacy reasons (peercoin's coinage stuff), was there any reason for keeping the nTime field in transactions, and referencing the txPrevTime (rather than just txPrevHash) in PoSv3? I've been analyzing the consensus rules around the transaction nTime and it seems to add a lot of restrictions and potential attack vectors, but for no obvious benefit. Can you share any insight into that?

It should be possible to remove nTime from transaction. I didn't go that deep because of compatibility reasons.
sr. member
Activity: 602
Merit: 250
You should change your signature. BC abbreviates to BLK now.
sr. member
Activity: 427
Merit: 252
blackcoin, I AM BACK Smiley

Hello. First post since 2014 I see. Welcome back!
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