BlackCoin is pure Proof of Stake coin, except stage of initial distribution, when it was mixed PoW and PoS coin.
Launch Date: 24 Feb 2014 06:00 UTCNo premine.v1.0.3 changelogv1.0.2 changelogv1.0.1 changelog- HARD FORK AT BLOCK 5000
- fix PoS, this required change in protocol
- fix rpc call getmininginfo
- backport a couple minor fixes from bitcoin
Community driven bountiesMedia & PublicationsSpecifications- Block time: 1 minute
- Difficulty retarget: every block
- Nominal stake interest: 1% annually
- Min transaction fee: 0.0001 BC
- Fees are paid to miners
- Confirmations: 10, maturity: 500
- Min stake age: 8 hours, no max age
- P2P port: 15714, RPC port: 15715
Proof of work (done)DownloadsKNOWN BUG: if wallet does not start from first time, ignore error and try againFaucetsExplorersExchangesGamesDonatePlease donate to further developement B8gZqgY4r2RoEdqYk3QsAqFckyf9pRHN6i
FAQ- What sould I do to start PoS mining?
Have your wallet unlocked and online. - How compund interest is calculated?
https://en.wikipedia.org/wiki/Compound_interest#Compound_Interest - I still don't understand PoS interest!
Then think about it as 1% per year - What is the number of coins?
Not fixed nor limited - What is happening when my coins are offline? Am I loosing reward?
You are loosing transaction fees and compound interest. Nominal interest will be paid when you find a block - Why stake reward is so low?
Just as planned
As you all know, Blackcoin can no longer be mined, well guess what think again Some Awesome people set up the first multipool for an altcoin! so if you thought you missed out think again!
http://bcmultipool.com/ 1.2gigs and growing! come get some BC!