What is Blackcoin

[13Blackcoins]

BlackCoin is pure Proof of Stake coin, except stage of initial distribution, when it was mixed PoW and PoS coin.

MANDATORY UPDATE v1.2.0
Update before 05 Oct 2015 07:00:00 UTC

Moderated bitcointalk thread: https://bitcointalk.org/index.php?topic=469640.0
Web site: http://blackcoin.co/
Reddit: http://www.reddit.com/r/blackcoin
IRC: freenode.net #blackcoin
Chinese QQ groups: 374929243 and 243092057 Launch Date: 24 Feb 2014 06:00 UTC

No premine. No IPO.

Specifications
PoS without coin age
Block time: 64 seconds
Difficulty retarget: every block
PoS Reward: 1.5 BLK
Min transaction fee: 0.0001 BLK
Fees are paid to miners
Confirmations: 10, maturity: 500
Min stake confirmations: 500
P2P port: 15714, RPC port: 15715

Proof of work (done)
Algo: scrypt
Block reward: 10000 BLK, no halving
Max height: 10000 (after this network will not accept PoW)
P2Pool source: https://github.com/rat4/p2pool-blackcoin

Statistics and information: https://bitinfocharts.com/blackcoin/

[makssun.com]

It is unrealistic to block catch. You need to have a lot of coins.

[13Blackcoins]

It is unrealistic to block catch. You need to have a lot of coins.

The opposite is true. We have static reward now, which supports users continuously staking and is bad for exchanges with millions of coins.

Read this for more info

[sydneymarkie]

I'm researching a gaming and economics phenomenon for an article and am trying to locate more opinions/information about the use of gold sinks in virtual economics. One of the first things that Everquest did when its economy was inflated was to introduce several methods of gold sinks, predominantly the virtual casinos. When I read that the UK Gambling Commission will recognize bitcoin as a currency, sites like http://bitcoin.casino started popping up. Are there other gold sinks popping up and this a concerted effort to reduce bloat?

[Libertadorium]

i thing big supply of coins is a good idea, as you can spread it more easily.
no halving block reward, why?

[rendravolt]

Is there anything new about blackcoin? already almost 6 months I do not follow.

[Coalfridge]

Is there anything new about blackcoin? already almost 6 months I do not follow.

Same question.

[Westernory]

Is there anything new about blackcoin? already almost 6 months I do not follow.

Well Blackcoin doesn't really have anything in particular that is superior to any other coin now because a lot of altcoins also use POS and Blackcoin doesn't really have any special specs that makes it better.

Just use bitcoin, blackcoin I think is slowly losing users as well, as a lot of other altcoins are.

[rendravolt]

Is there anything new about blackcoin? already almost 6 months I do not follow.

Well Blackcoin doesn't really have anything in particular that is superior to any other coin now because a lot of altcoins also use POS and Blackcoin doesn't really have any special specs that makes it better.

Just use bitcoin, blackcoin I think is slowly losing users as well, as a lot of other altcoins are.

Yes it was a loss plus the price is now declining.

[OneChain]

This coin is dead, isn't it?