Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO
by
noerc
on 08/01/2015, 08:53:09 UTC

Some corrections.

Consensus MechanismPure PoS (PoW was only in distribution phase)
Worst Case for Confirmation TimeInfinity <-- thats right but can you please elaborate on this category? Its infinity for every blockchain in my definition.
Network Security Costs1% of expected market cap over a one year time period <-- this is a theoretical maximum, since inflation is 1% of staking coins
Mobile WalletYes. Full node: https://github.com/janko33bd/bitcoinj/tree/blackcoinj Lightweight: http://coinomi.com/
PruningNo active development on that in BlackCoin afaik, however, Gavin Andresen often speaks about it in his blog so it might be implemented in the Bitcoin core and eventually be merged into BlackCoin (in contrast to NXT, BLK is forked from the bitcoin core).
Voting SystemIn development, its the same technology as messaging and will be part of blackshares.
Alias SystemConsidered (not really planned)

I think 0.08 tps (transactions per second?) is off too. I think it should be:

tx size / 1 mb = tx/minute. say 1tx = 1kb, then 1000tx / minute? Bitcoin is 7tps? BC should be 70tps with current values?

Depends how "transaction load" is defined. 70 tps is the maximum number that is possible. I thought he meant the current average transaction load, which was around 300 per hour when I looked it up so 0.08 tps would be correct in this case.

Some clarifications on these categories would be helpful.