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Topic: Ercoin — proof of stake, fair distribution, messages, accounts, original code - page 2. (Read 18578 times)

jr. member
Activity: 115
Merit: 2
Founder of Ercoin and Paspagon
The browser wallet is now available in Russian. / Бpayзepный кoшeлeк дocтyпeн нa pyccкoм языкe.
jr. member
Activity: 115
Merit: 2
Founder of Ercoin and Paspagon
Thanks, but one question befor burn. The Wallet has any security future for the burn? when i burn and the hash is false all burned tokens are lose?

Alsocommand: burn

the BLK are lose or hash with one missed charakter and the blk losed?

How is the ratio?

I’m not sure what will happen in the case of 1 missing character (in hex binary each byte is represented by 2 characters), but generally speaking, if the associated data is invalid, then expect those funds to be “lost”. If in doubt, I suggest to consider doing the following: first burn a small amount (like 3 BLK) and check that everything is ok. Then either burn the rest of what you want to burn in one burn or, if you want to be extra careful, divide this into many small burns.

Speaking of the ratio, the total number of ercoins created will be 2.6 billion and the distribution will be made proportionally to the amount of blackcoins burnt. Therefore the BLK-ERN ratio will depend on the total number of BLKs burnt and it is not possible to tell it in advance.
legendary
Activity: 3794
Merit: 2499
Blackcoin More has been updated to version v2.13.2.4. This version includes the Burn RPC call for the optional IBO for @ErcoinTech

Get it at: https://blackcoinmore.org #blackcoin #blk

https://twitter.com/BlackcoinOrg/status/1191408676105441280

Thanks, but one question befor burn. The Wallet has any security future for the burn? when i burn and the hash is false all burned tokens are lose?

Alsocommand: burn

the BLK are lose or hash with one missed charakter and the blk losed?

How is the ratio?
jr. member
Activity: 115
Merit: 2
Founder of Ercoin and Paspagon
I’ve written a proof of concept of a serverless ebook store with delivery by email and orders placed by making Ercoin payments. Despite of not using any payment-specific libraries, it took just 42 lines of Ruby code. https://jurewicz.org.pl/en/blog/2019/11/26/a-serverless-ebook-store/
jr. member
Activity: 115
Merit: 2
Founder of Ercoin and Paspagon
Over one million blackcoins were burnt during the first week of the IBO.
jr. member
Activity: 115
Merit: 2
Founder of Ercoin and Paspagon
IBO is ongoing, transactions can be viewed on https://ibo.laboratorium.ee.

There is a problem with BlackCoin More wallet creating burn transactions, but not broadcasting them. It can be resolved by setting -datacarriersize option to a higher value (150 should be sufficient). A new version of More which changes the default value is expected to be released on Monday.
jr. member
Activity: 115
Merit: 2
Founder of Ercoin and Paspagon
jr. member
Activity: 115
Merit: 2
Founder of Ercoin and Paspagon
jr. member
Activity: 115
Merit: 2
Founder of Ercoin and Paspagon
jr. member
Activity: 115
Merit: 2
Founder of Ercoin and Paspagon
For IBO:
Quote
Step 2: Create genesis transaction
Go to the “Genesis” tab in the wallet and create a genesis transaction.

Address drop-down box is empty,can not select or fill, and click 'Generate' button,nothing happens.

The step2 can not process now?

Have you created an account (with non-empty label) in step 1? Which browser do you use?
jr. member
Activity: 115
Merit: 2
Founder of Ercoin and Paspagon
Bug bounty programme has been announced, with rewards up to $1,000. Note that there is also a separate bug bounty programme for Tendermint, with even higher possible rewards.
jr. member
Activity: 115
Merit: 2
Founder of Ercoin and Paspagon
jr. member
Activity: 115
Merit: 2
Founder of Ercoin and Paspagon
jr. member
Activity: 115
Merit: 2
Founder of Ercoin and Paspagon
In the day of climate strike it is worth to remind that Initial Burn Offering is “green” in the sense that it involves destroying virtual resources, not real-world electricity. CO₂ savings can be estimated using a tool provided by Laboratorium EE.
jr. member
Activity: 115
Merit: 2
Founder of Ercoin and Paspagon
Does accounts mean that people won't be able to mistakenly send money to a nobody's wallet?

Yes, this is even tested.

Since the recent removal of manual account management in favor of automatic account management and “garbage collection” (see commits c00055aa, 09a6e247 and c09f344c) this is no longer true. Now, we could theoretically create a switch in transfer transaction that says “this transaction is valid only if the destination account exists”, but it would not guarantee anything, as destination account could had been created previously by mistake and by somebody else. Therefore I’m leaning towards not implementing this, in favor of simplicity.

To do it well, we could introduce a concept of “verified accounts” — accounts from which there has been at least one transaction. However I presume that there is little demand to do it before launch…?
jr. member
Activity: 115
Merit: 2
Founder of Ercoin and Paspagon
Wallet has been extended to allow searching transactions by hash, height and by “from” and “to” separately. Conditions can be combined using conjuctions (Tendermint doesn’t currently support alternatives). Previous behaviour of making two queries to retrieve both “from” and “to” transactions has not been preserved.
full member
Activity: 199
Merit: 101
when for IBO? and why choose a abandoned blackcoin Roll Eyes

See the announcement at https://ercoin.tech/news/ercoin-0.1.0.html for factors impacting the release date. In regard to BlackCoin, it is the first free, 100% proof of stake cryptocurrency with fair distribution. (Besides that, one of the wallets has a command for burning coins).

See also the post below.
Thanks for your reply,but still not get when for IBO.
jr. member
Activity: 115
Merit: 2
Founder of Ercoin and Paspagon
I’ve started a thread on the Bisq forum about adding Ercoin IBO as a payment method: https://bisq.community/t/best-way-to-add-an-ibo/7477 . If this ends successfully, it will allow participating in the IBO via purchasing burnt blackcoins for bitcoins on Bisq, without even installing a BlackCoin wallet.
jr. member
Activity: 115
Merit: 2
Founder of Ercoin and Paspagon
when for IBO? and why choose a abandoned blackcoin Roll Eyes

See the announcement at https://ercoin.tech/news/ercoin-0.1.0.html for factors impacting the release date. In regard to BlackCoin, it is the first free, 100% proof of stake cryptocurrency with fair distribution. (Besides that, one of the wallets has a command for burning coins).

See also the post below.
full member
Activity: 199
Merit: 101
when for IBO? and why choose a abandoned blackcoin Roll Eyes
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